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Saturday, March 15, 2008

Evaluating Non Monetary Rewards for Home Based Business Entrepreneurs

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Evaluating Non Monetary Rewards for Home Based Business Entrepreneurs

Much has been said about the risk of working for yourself. After all, wishing a fond farewell to your boss may bring you a moment of intense satisfaction, but once the realization sets in that you have also bid good bye to the steady paycheck, the company benefits, the pension plan and 401(k) as well as a host of other benefits, the initial contentment is quickly replaced with a feeling akin to panic. You will most likely second-guess your decision to leave the corporate world in favor of going it alone and may actually question you skill set and talents.

This is the moment in time when the trite reasons so often attributed to those who choose to work from home will do little to inspire you. Most likely you will not care that you can do your work in the yellow bird slippers that you own or the pink and purple polka dot robe you so lovingly don in the mornings. Similarly, not being stuck in the midst of rush hour traffic suddenly is not such a big benefit anymore when you question your decision to no longer rely on a third party to sign your paycheck. Of course, on the flipside of this decision rest the many benefits that working from home does offer.

Evaluating non monetary rewards for home based business entrepreneurs is the kind of activity that can validate your decision to stay at home and inspire you to hang on just a little bit longer or in the alternative it may provide the breaking point at which you decide that that which you thought of as being vital and important to you pales when stacked up to the reality of truly being your destiny’s master.

Here is a list of the most commonly mentioned non monetary benefits:
* Flexibility to work when you want to is a big draw. Those who are not morning persons but instead thrive as night owls will find that the previous methodology of working during predefined hours was detrimental to their state of physical a well as emotional well being. Flexibility translates into empowerment and thus provides a huge boost for the sense of self esteem.
* Freedom to choose the kind of work you will and will not take on further contributes empowerment. Even as you realize that a job turned down is a job for which you will not get paid, the fact that a task which appears distasteful may be turned down is so contrary to what you most likely experienced in the corporate world that this in itself presents one of the most desirable perks.
* Being at home with children is a non monetary benefit that is so often mentioned that it may appear trite but in reality it is one of the most sought after advantages that working from home affords to the entrepreneur.

Evaluating non monetary rewards for home based business entrepreneurs carefully and against the backdrop of the insecurity that comes from losing the steady paycheck is a good way to complete a serious inventory of advantages versus disadvantages when it comes to making that momentous step from working in the corporate world to working at home.
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