The reasons for choosing to base your business out of your home typically revolve around three issues: reducing the cost for office space, having more time for interaction with the family, and eliminating the commute. Another consideration is convenience. Convenience is a biggie; for me. Based on your personality and self-discipline, however, convenience can be a two-edged sword..Even though people often start a home-based business to have more time with their family, the very convenience of having an office down the hall frequently works against that goal. It’s just too easy to have dinner with the family, then slip back to the office to do a little more work.
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Are your personality traits conducive to entrepreneurial success? It’s risky to start a business without asking yourself that question. As much as anything, your success in building a small business will depend on your personality and how well it is suited to the task.
Continue readingIn the May 2013 issue of Inc Magazine Meg Cadoux-Hershberg reports on her study of the personal impact that entrepreneurship has on people. Her findings are summed up in the sub-title of her article: "Entrepreneurship changes people — and not … Continue reading