Stiforp Profits

Wednesday, June 13, 2012


Extra Income from Home

It seems many families are in direr need of extra income from home, which could be ideal when raising a family and not mention not having to shell out for gas to commute to and from work.

Every entrepreneur, to achieve any amount of success should be motivated. Motivation comes from passion. Every book published or e-book that deals in money making and motivation screams passion – the most important ingredient in any successful entrepreneur.

Similarly, when you think about going after that extra income from home, you have to create a burning passion to do so if you are working for yourself. It will keep your fire glowing for a long time, at least till the first results become apparent. After that passion at a particular level keeps in rotation, after all money is the biggest motivator.

An entrepreneur embarking upon the route of home office and extra income should strongly believe in themselves and his capabilities. He/ She should be thick skinned not to be perturbed or affected in any way by others comments and opinions. People can be jealous of others success. Clear conscience and belief in oneself does not seek external approval. Evidence enough that, once you are successful and start earning extra income, the negative opinions and nasty comments turn into praise. One should have the ability and courage to make independent decisions and abide by them. This would be your most valuable asset yet.

People need to keep an open eye for online businesses scams. Your online business needs your approval heart and soul; otherwise success will keep eluding you and so will the extra income from home you planned from it. If Edison did not believe, that electricity can be harnessed to light up human life; we would still be living in the dark ages, wouldn’t we?

Being flexible with working hours, being energetic, planning wisely, focusing on short-term objectives and stress control are hallmarks of a successful home business owner. If you think you lack in any of them, practice till you make these attributes a part of your involuntary senses.

Discipline to start, is very important but to know where to stop is more important. Do not overwork or stress upon yourself to the point of not stopping. It will only burn out your imagination and render you useless for some time to come. Making short time extra income, you will lose out on the next few dollars (ex: Burning out today may earn you $1000 today, but by not working for the next 3 days you will lose $500 X 3 = $1500). Work the number of hours as per the plan you carefully laid out.

Building your business is more important than earning mediate income out of it right now. As your business sustains and grows, the money you earn from it automatically grows. If you treat your extra home income as a hobby you very well may end up being paid like it also.

Knowledge earned does not cost a cent here, but will help in decision making in all spheres of independent life. Remember the 80-20 rule, which is spending 80% doing and 20% learning.

Last but not the least, fear of failure and not failure itself leads to most failures. Keep trying, look at failure as a part of learning and appreciate your benefit of knowledge from it. Learn from your mistakes, a lesson we have learnt in primary school and use this with your extra income from home and you will prosper.


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