Immediately following their New Year’s celebrations, it’s common for people to want to play hooky from their usual work schedules. If you are one of those people, why not just stay home and create a work from home business in 2014? Thanks to the proliferation of computers, the Internet and mobile devices, professionals no longer have to commute to a physical office to complete projects and please clients. If you think you have what it takes, use the following advice to prepare your home, your workspace and your mentality to create a 2014 work from home business to rival all competitors.
Nest Egg Vs. No Nest Egg
2014 work from home business professionals will advise you to possess at least six months’ worth of living expenses before you quit your day job. Of course, if you have a good support system, a solid plan and a willingness to succeed, there is no reason why you can’t create a work from home business right now. The more money you have in the bank, however, the less likely you will be to throw in the towel when the going gets rough. If you don’t have a nest egg set aside, you might want to freelance on the side and keep your day job in order to make ends meet until you’re ready to cut the tether and venture off on your own.
Finding a Niche to Fill
The tried and true process for creating a 2014 work from home business is to take your skills and passion to carve out your own niche. What are you good at? What could you see yourself doing from home day in and day out for a living? Do you want to write, draw, design, program computers, consult others on business, marketing or some other field; or do you have other skills and urges driving you to succeed?
Before you create a work from home business, conduct research in your chosen field and find any competitors that may give you a run for your money. The idea is to emulate successful people who came before you to maximize your success.
Online Presence and Portfolio Development
When you create a work from home business, depending on the niche you want to fill, you will be vying for clients who may reside all over the world. Those clients that you reach out to are going to want to know who you are, what you do and how much experience you have. To showcase your 2014 work from home business expertise, you would be wise to develop a website, a social media presence and a portfolio consisting of your previous work.
If you are starting off from scratch, as in you don’t have any work to show off as your own, it’s ok to develop a portfolio consisting of projects you invent on your own as opposed to projects that you have been previously paid for. As long as potential clients see that you can walk the walk and talk the talk, you’ll improve your chances of developing a client base that keeps you busy and solvent for some time.
Marketing and Project Completion
Now you are ready to create a work from home business in 2014. Once your website is complete and you have a steady stream of social media posts that position you as an expert in your field, you will want to reach out to companies and individuals who may be looking for freelancers to complete various products.
To find clients, you can answer ads, apply for jobs on bidding sites like ELance and Odesk or you can send cold query letters to organizations that operate within the industries you prefer to target. Regardless of where you find clients, be confident in your abilities, charge rates that allow you to create a work from home business that pays the bills while allowing you to turn a profit and keep pressing forward until you’re making the amount of money you can be satisfied with.
2014 Work From Home Business Final Tips
To keep yourself on track when you create a work from home business, come up with a set of daily/weekly and monthly processes that you must complete to continually grow your business. You will also need to keep track of your finances and all tax information or hire an accountant who can perform these tasks for you. Beyond that, keep marketing to new clients and keep doing the best you can for the clients who do hire you so that your reputation and word-of-mouth advertising keep you earning big well into the future.