WHAT ARE THE BENEFITS OF WORKING FROM HOME?
What are the benefits of working from home? This may sound like an ideal setup, but it has its pros and cons. What do you need to know to be productive when working from home?
Today I’m discussing your question, “What are the benefits of working from home?”
To start with, I would say determine what you want.
Most entrepreneurs want freedom to work how and when they want and the freedom to make their own career enjoyable and rewarding. That all sounds good, but working from home means that you create that yourself.
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WHAT ARE THE BENEFITS OF WORKING FROM HOME? – THE MARKET
For me, working from home satisfies many of these desires. Your survival in the business world depends on asking yourself, “What does the market want?” and then producing a result and a solution for the market.
Personally, I discovered a market for middle-income Americans that want more security because they’re worried about making money and government inflation, and most of them appreciate the real estate environment as being stable a large amount of the time.
WHAT ARE THE BENEFITS OF WORKING FROM HOME? – COMFORT
Working from home can be comfortable and productive.
The commute from the breakfast table to the work space can be simple, maybe it’s an extra bedroom, basement office, remade loft or the attic.
Some people like to talk about the tax benefits.
WHAT ARE THE BENEFITS OF WORKING FROM HOME? – FREEDOM
So what are the benefits of working from home? The biggest benefit appears to be that you have freedom to work when you want.
Entrepreneurs are always searching for a competitive advantage. I have found a number of them, and I’ll explain one in this episode.
Many suggest tax benefits are a big deal. Yes, they must be detailed, and yes, the workspace must be outlined in detail.
WHAT ARE THE BENEFITS OF WORKING FROM HOME? – NO COMMUTE
Working from a small office on the back of a house or from the garage or basement requires some adjustments.
One of the benefits of working from home is no commute. For some, working in jeans with no shoes is very important.
You don’t use up a lot of time travelling. That means extra time for telephone appointments and Zoom business meetings.
WHAT ARE THE BENEFITS OF WORKING FROM HOME? – DISTRACTIONS
The family loves to have you close by to talk to and visit. This is a big disadvantage if you want to produce results.
You’ll need rules of the road, and a massive amount of discipline to keep your office, your workplace, a sanctuary and a place of business.
WHAT ARE THE BENEFITS OF WORKING FROM HOME? – TELECOMMUTING
Telecommuting is a huge benefit. Zoom is even bigger, and you don’t have to dress up for meetings.
Working from home you’ll have no reason to be searching for privacy from all those people at the office who are continuously talking. You’ll have your privacy if you keep it that way.
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WHAT ARE THE BENEFITS OF WORKING FROM HOME? – SELF-DISCIPLINE
It requires discipline and willpower to start a job and finish it. It requires discipline to stay organized and stop family interruptions.
Do you like to snack, especially when you are frustrated? That’s going to be a problem. You are cruising for a new waistline.
A big advantage and benefit for home business is you can take a nap. Naps are habit forming and recommended.
However, is it going to be a short 30 minutes, or is it 2 hours, and then you wake up sleepy and spend the day scrolling through Facebook or watching YouTube videos?
WHAT ARE THE BENEFITS OF WORKING FROM HOME? – GROWTH
Ask yourself, what will happen when the business starts receiving multiple telephone calls and multiple messages, and you have no assistance.
Are you going to outsource that or are you going to put everyone on hold?
There are fundamental differences from working from home to working at the office. Your time is valuable. However, you must use it effectively.
WHAT ARE THE BENEFITS OF WORKING FROM HOME? – INTERRUPTIONS
Can you stay on task? That’s your key to success.
If you are interrupted, how long does it take to get back on track? For some people, it’s days.
Personally, I have experienced slowdowns and interruptions that cause me to lose a whole day.
Obviously, I quickly changed and installed schedules for certain work. Next, I scheduled follow-ups to be sure they were completed. I do my follow-ups late in the day.
Time vampires want someone to chat with. They will disappear quickly if you give them a time limit as soon as they come on the phone. Working at home is not a vacation, it’s a discipline.
WHAT ARE THE BENEFITS OF WORKING FROM HOME? – MY BUSINESS
To work from home 30 years ago, I discovered a subset of traditional real estate that turned out to be a really good investment business, a side hustle, and I incorporated publishing and coaching.
Take your lead from other people and provide solutions for your clients.
Make good use of the time; don’t be a visitor. Discourage your family from interrupting you.
On this site, I have hundreds of blogs that outline a business which I do myself as an investor. I manage myself, and I do that from home.
We hope you enjoyed Ted’s lesson, “What are the benefits of working from home?”
Working from home offers plenty of benefits, freedom, comfort and convenience, and potentially some tax advantages.
However, it does require self-discipline and control of your environment to keep your office space free of distractions.
As your business grows, you may also need to consider outsourcing and all that it entails.
Ted Thomas has been teaching people how to make amazing profits at a business you can work from home 7 to 10 hours a week, and you don’t need to be rich to get started!
If you’d like to learn more about how to start up a small home business investing in deep discount real estate, there’s no one more qualified to teach you than Ted Thomas.
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