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Working at home comes with many fantastic advantages. It’s a great way to spend more time with your family whilst simultaneously working, and you can also work from home as a way to build your own career and life a life that is free from oppressive bosses and working outrageous hours. However, working from home can be unstable if you aren’t prepared for the consequences involved, so let’s take a look at some of the ways that you can stabilize your work-at-home career.
Deciding between your own business, freelancing or working for an employer
The main concern with working from home is how you actually plan to work from home. This article from Forbes.com goes into detail about the most common work-at-home opportunities that are available, but they can be summarised into three distinct categories; freelancing, your own business or remote working.
Starting your own business has many unique advantages but it’s important to remember that you’re not going to have an easy time unless you’re prepared to be an employer. There are far more responsibilities involved with working your own business than just becoming a freelancer or working remotely. For instance, you’ll need to think up an idea in order to start a business in the first place and you also need to think about how you want to grow that business idea. You’ll need to employ people, you’ll need to be vocal when you order your staff around and you also need to be aware of the competition. It goes without saying that starting your own business is tough. Even with guides from websites like Entrepreneur.com, it’s still a tough career choice to crack. However, it does have the most potential when it comes to income and also the most stability should you be able to start up your own successful business.
On the other hand, freelancing is much easier to get into assuming you have some kind of skill that can be sold. Whether it’s something straightforward such as writing or something more creative like art and design, there are plenty of marketable skills that can turn into lucrative freelancing careers.
However, it takes a lot of work because you’ll need to build up a portfolio that can showcase your abilities to buyers. If you don’t have a shining portfolio to show off, then you’re not going to get much attention in the freelancing world. In terms of stability, freelancing starts off as being difficult to gain a steady source of income to occasionally having too much work. With that said, freelancing stability only comes once you’re able to secure business contacts with regular clients. If you’re unsure about freelancing, then this article from FreelancersUnion.org showcases some of the best ways that you can introduce stability into a freelancing career.
When it comes to income potential, freelancing is around the same as working a regular job but only once you’ve worked with a few clients. At the beginning, freelancing is tough due to the difficulty in securing work but has arguably better pay than a standard job once you’ve found a place in the industry.
Lastly, remote working is perhaps the second most secure method of working at home. This is because you’re working for an employer instead of yourself or clients, meaning you’re more likely to be able to keep your job for a longer period of time. However, this involves having an employer that is capable of offering you an at-home job. In other words, if you’re unable to find an employer that can provide you with this type of opportunity, you’ll need to resort to freelancing or starting your own business as a way to work from home. This article from TheBalance.com shows a couple of great opportunities that involve working remotely.
Picking between the three is usually up to chance. For instance, if you’re not capable of finding a job that offers remote working opportunities, then you’ll need to resort to either freelancing or starting your own business. If you don’t feel confident enough to start your own business, then you’ll have to resort to freelancing. Now that we’ve separated the three main ways to make a living from home, let’s examine some of the common issues that affect its stability.
How distracted are you at home and what can you do to reduce it?
Distractions can be costly. A simple task that should take 15 minutes can take longer purely because you’re procrastinating. Other distractions include family issues or needing to take care of your children. This post at RossSimmonds.com should give you some fantastic tips on how you can cut down the distractions so that you can work in peace at home. If you’re unable to limit these distractions then it could cause major issues in the future with your ability to produce consistent work.
What commitments do you have outside of your work?
You also need to think about the commitments you have outside of work. Whether it’s taking care of your kids, looking after relatives or even your hobbies that you’re dedicated to, it’s important to try and find ways to balance your commitments and your at-home job. Flexibility is usually something that comes with working from home, but as explained in this informative article from Bloomberg.com, working at home may not be the future of job flexibility and there are other opportunities that offer you more control over your working hours. Stability in working at home doesn’t mean that you can ignore commitments, so make sure you plan around them whenever possible.
Do you find your work meaningful or is it just a way to get money?
Much like any job, working at home comes with the usual problems in working a job that you don’t connect with. While working at home means that you can have flexible hours and you’ll be closer to your loved ones, you still need to find a job that you can personally connect with. Finding a job you love is difficult and just because working at home offers some conveniences, they don’t excuse doing work that you don’t enjoy. This article at TheMuse.com is a great place to start if you want to truly find a job that you enjoy. If you want a stable at-home job or career, then try to pick something you can personally connect with.
Working from home can come with financial considerations
Don’t forget that working from home usually involves you dealing with your own taxes, borrowing money from lenders or even clearing up your credit history so that you’ll be accepted for a business-related loan. You need to read up on websites like DebtConsolidationLoans.com so you can clear up your financial situation before you work from home. Unless you go the route of remote working, you’re going to be financially unstable for a while before you can find stability.
Can you sustain your at-home career or will it be over shortly?
Another thing to remember is sustainability. As explained in this article from MelyssaGriffin.com, a freelancing career actually has comparable job security to a regular 9-5 job. However, getting that level of security is difficult and requires a lot of hard work. If you aren’t prepared to put in a lot of effort, then your at-home career is going to be unsustainable. Make sure you pick a career choice or at-home job that will last a long time or else it will hurt your stability.
Are you using all the help you can get to make your career successful?
Whether it’s using apps from this post at SideHustleAndSave.com to help you work from home or working for an outsourcing company instead to build up a steady portfolio of work, there are plenty of services around that can help you greatly with your at-home career. Between all the different cloud software services and community help that you can get, working at home can be much easier if you’re willing to accept outside assistance. Remember that if you’re a freelancer, there are probably huge communities of freelancers that are in the same position as you. They can offer important bits of advice, tips, and tricks that will go a long way to help you gain stability when working from home.
Some final important words
Working at home isn’t easy. It takes a considerable amount of effort and work and you need to understand that it’s not just an “easier” way to make money. Sure, you’ll get to spend more time with your family members and you may even find extra time to visit friends. However, the responsibilities involved are more daunting and not everyone can handle the extra weight on their shoulders. If you’re serious about working from home, then it’s all about finding stability so that you can be financially secure and prepared for future challenges.
If you fail to recognize when you’re stable or not, then you might find it easier to stick to regular employment.