Sometimes it can be difficult to explain to someone how I make money through websites and other online income streams.
In this two part series, I’m going to write about some of the major pros and cons of having a work from home jobs in an attempt to shed some light on what it’s actually like earning a living from home.
If you’re interested in making money through the internet, I believe this article is a great place to start.
In part one, I’ll list the five major cons I’ve encountered along the way and in part two, I’ll write about the five pros I’ve enjoyed the most as a result of working from home.
Depending on what type of work from home job you’re interested in, the pros and cons might be different for you but I believe these pros and cons are fundamental for any home based position.
Without further ado, here are five major cons you’ll likely run into with a work from home job.
The biggest shock I experienced when transitioning from an office environment to a work from home job was the quiet and sense of isolation.
I’m naturally introverted so after the first few weeks it wasn’t a big deal but for awhile, it was tough.
For extroverts, this can be especially challenging to overcome. If you don’t have any pets, kids, or roomates to interact with throughout the day, you’ll want to find ways to have meaningful interactions with other people throughout the day.
Listening to music or having some other form of media playing in the background if your work from home job permits can be great ways to overcome the quiet, at least until you get used to it. If you go down this route, try and balance your information diet so you don’t end up watching every TV series on Netflix…
Instead, try and expand your horizons by watching or listening to documentaries, biographies, etc. – especially the ones you wouldn’t normally choose.
Another suggestion is to make intentional connections with a friend or love one once a day (or every other day). Call your parents, write a letter to a friend, or take some time to find some creative way to build or cultivate a relationship with a small circle of friends and loved ones.
The extent to which stability is a con will vary greatly depending on what type of income stream(s) you’re earning your money from.
If you’re planning on earning your income primarily through freelancing efforts, then stability is probably the biggest con you’ll encounter.
With a traditional 9-5 job, you’re earning the same income (+ commission if you’re in sales) every pay period so it’s easy to budget and plan ahead. In addition to earning a paycheck, most employers also offer some type of benefits package.
When you’re freelancing or earning income based off your output (such as completing surveys, making sales, MLM jobs, etc.), the amount you earn is usually based either how many customers you can attract and how much effort you’re putting into it.
For me, knowing that the amount of energy and effort I invest into my business directly correlates with how much money I can earn is extremely motivating.
That being said, I’m by no means financially stable enough (yet) to simply slack off for more than a day or two at a time.
There’s always the risk that work will slow down, customers will stop buying, and I’ll be forced to return to a traditional 9-5 job.
I believe that discipline is primarily a learned skill although some people are naturally more disciplined than others.
In a work from home job setting, distractions are everywhere.
You probably have a TV, smartphone, and half a dozen other devices all competing with your work for your attention.
Without a boss sitting nearby hovering over your work, it can be very easy to kick important tasks down the road.
You must learn to set a schedule or have a daily to-do list that you actively work towards in order to ensure you’re always moving forward.
Work Life Balance
When you work in an office or work outside your home, there’s a mental and physical separation between your work and home life.
If you work from home or plan on working from home, this is not the case.
It can be difficult to separate when work ends and where your personal time begins when your home is also your office.
I use the following two points to avoid this problem:
- Dedicate a space to your work. It doesn’t have to be an entire room or fancy setup. Just dedicate some space where you get work done. Optimize this space for work by removing common distractions such as a TV.
- Set specific hours that you’ll get work done. Obviously one of best perks of earning income online is the flexibility it affords but where should you draw the line? If you’re on a roll or enjoying a creative streak, you should blaze ahead however, it’s just as valuable to have specific office hours that you generally follow.
I’ve found that I work many more hours now that I’m my own boss then when I worked a 9-5 job but I still have general blocks of time that I avoid working to ensure I make time for my health,friends, and loved ones.
Networking is a fundamental part of all business.
When you have a work from home job, networking can be challenging especially if you’re not used to creating and developing exclusively online relationships.
When you’re in an office environment, it’s easy to have lunches with people or attend company networking events to meet new people.
This can be quite challenging though when the only face to face contact you have with others is through video conferencing service like Skype.
Don’t get me wrong, there are plenty of free productivity tools to help you communicate with customers and other work from home professionals, but if you’re not used to forging online relationships, it can have a steep learning curve.
If you can overcome the loneliness, stomach the uncertainty of knowing where your next paycheck will come from, stay focused, make time for yourself, and understand how to build relationships through the internet, then you’ll be well suited for a work from home job.
Now that I’ve gotten the negative aspects of working from home out of the way, discover the five major pros of working from home in part 2 of the series.
What’s been your biggest challenge and how did you overcome it? Drop me a comment and let me know if I missed anything!