The ideal time to start a business at home is when you have at least one income stream. This will ensure your survival while you are planning, building, developing and maintaining an Internet home business.
Ever hear the saying, ‘why put off until tomorrow what you can do today’? A good reason to start today is because you don’t know what tomorrow will bring. If this was for example that you got laid off from your job due to downsizing, outsourcing, mergers, etc. You know they don’t give you much warning in many cases.
That kind of adds insult to injury because it completely throws a wrench into everything. Your whole routine, budget and all can become quickly ‘not applicable’. Your entire way of life needs to change radically while you try to find other work. The bills go on just the same during the suspension or at least reduction in the income that you thought you had.
You need to survive between jobs in other words. So the point is when you are in dire straits is not the best time to start a new business because you need to be in a hurry. Some things just won’t hurry particularly if you have learning curves which most people do when starting something new.
So the time to start is when you have an income and you can afford to take your time; and something else that works in favor of you eventually being successful is that with an income, you can afford to feel your home business is a labor of love, something like a hobby or interest that you enjoy doing (the making money hobby).
If your part-time business already has some kind of structure and is already running to some degree, then if something unexpected happens, you can merely ramp it up! You can just welcome that you will have more time to invest in your own business now that you don’t have your bummer commute and surly boss to contend with! 😉
Anything can happen where you might need to raise substantial extra money quickly – a major car repair, natural disaster, relocation, personal family matters, etc. It is a whole different ‘ballgame’ if you have been able to earn extra money with your part-time internet home business and have been able to save it; you don’t have to panic as much because you know you have it covered for a few months or so until you can land on your feet!
Think about it – It’s a lot easier if you could see tomorrow coming! Not to know the future, but just to have a contingency plan for whichever way things go. If you are prepared and engaged in your financial health and your security, you will use your spare time wisely to do something more productive instead of just ‘hanging out’.
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