Personal Mission Statements & A Place Of Business

Important Tips For Setting Up a Home Office

You may think you don’t really need any tips to set up an office at home because you have had one for another job – so you think you know what you need to get going. Part of that is true, you know what you’d need to get going. The trick with building a home-based business however is building busy-ness, not a business. If you fill your time with things that keep you busy, but you are not actually productive, then you are not accomplishing your business goals. You must learn to be productive and that is one of the hardest things to do when you are working from home because there are many potentially fatal distractions.

This is how to be more productive building a business from your home office. The first thing is set up a separate office, away from the rest of your household’s daily happenings. Make it a genuine office, just like the ones you’ve known in other place you’ve worked for. This space is specifically for business – period. And since it’s for your business, then you must be professional and keep distractions to a minimum. Be realistic about your work schedule and stick to it.

The other thing you really need to have – it’s actually a “must have” item – is a business plan. Planning a business and having a business plan are two different things. The business plan portion is the part that lets you lay out your goals in detail, how you are going to do things and all the intricacies of your business. Simply put, if someone asks you about your business, if you have a business plan you can answer any question they put to you. Not to mention the fact that if you happen to need to borrow money from a lending institution, you will need to have a business plan to show them what you are planning to do.

Personal Mission Statements

Another thing you will need is a personal mission statement. Why? Because if you don’t know what your mission is, how do you expect potential prospects and customers to know? Some of the things you need to include in your personal mission statement are:-

  1. Why does your business exist?
  2. Does it provide a service or product people want or need?
  3. Who will your customers be?
  4. Why will they be better off buying your product or service?

If you can’t answer these questions, then you need to take a long hard look at your reasons for getting into affiliate marketing or any other home based business for that matter. For instance, if you became an affiliate of a company to use their products for yourself, then you are a part-time some timer. If you joined because you want additional income on top of your job then you are a some-time full timer. If you joined because THIS is going to be your career then that’s another ball of wax.

Interestingly enough the percentages of people in each of the above categories will likely astonish you. Part-time some timers come in at 80%, some-time full timers are 18% and those who are serious about a career path rank at a mere 2%. You definitely need to know your goals to work your business in the most profitable manner.

Let’s assume you joined affiliate marketing as a career path move. First figure out roughly how many potential customers your business will have. What will make someone a potential customer for YOUR product? Where do they buy their product now? All this information is a part of your business plan. You get the idea, lay things out in as much detail as you can. Your business will depend on it.