Running your own business is the American dream. Add “work from home” to the mix and it sounds like paradise, right? There are certainly plenty of upsides to running a successful (emphasis on “successful”) business from home. However, many entrepreneurs find themselves lost, overwhelmed and overworked.
I personally have worked at home for the past four years, running several businesses. Even my current free hosting company, we have eight people who all work from home in the San Francisco Bay area and we all meetup every other week at a co-working space.
With this come flexibility and problems, which is why it important to take a holistic look at what being an entrepreneur from home is really like.
Not every person or team is cut out for working from home. There’s a reason over 80 percent of small businesses fail within the first year. The more informed and prepared you are, the better off you’ll be. It’s not going to be all conferences from the couch, yoga pants and not setting alarms (although, at times, there’s that, too).
Here are a few biggies nobody tells you about taking this career path and how to prepare for it:
