Your Online Business: Should You Really Treat It Like a Business?

Posted in Random Things

If you are reading this, you are probably someone who runs your online business from the comfort of your own home. There are many advantages and disadvantages of having your own business and doing it from the comfort of your home office. One of the disadvantages is that you don't have a boss to look after you, and some people tend to be unproductive and not take their work very seriously due to the fact.

As a result of this problem, I'm sure that you must have heard many other internet marketers and entrepreneurs quote this saying:

Treat your online business like a business, not as a hobby. If you treat it like a business, you'll earn the profits of a business. If you treat it like a hobby, you'll earn small hobby change.

 


 

The Problem

This saying is something that is being said time and time again, but there is a really big problem associated with it. The problem is this…

Most people have never even had their own business before. As such, how would they know how to treat their online business like a business?

The majority of people seeking to earn a steady income online are work-at-home moms who don't really have the time to go and find themselves a full time job. Others are probably employees who got tired of their job and decided to venture into the realm of entrepreneurism.

The people who put out this saying time and time again have good intentions. They probably wanted their customers or readers to take their online business seriously, which is what is actually being implied. But they way it is being said can often have various negative effects on the people hearing it…

 

Firstly…

If you are someone who has never started your own business before, and you get someone telling you that you should treat your online business or revenue stream like a business, you will probably just nod your head and say no more. You assume that they are saying that you should treat your business seriously, but other than that you are left clueless.

How do you treat your business like a business when you've never had a business in your life?

The result is confusion and uncertainty…

 

Secondly…

If you've never had a business in your life, you will probably make some assumptions as to how a business is normally run. These assumptions may be based on what you've seen on television, or how you think things in a business should work.

Trying to implement these assumptions into your online business can lead to disastrous results!

 

Thirdly…

Most companies don't really know how to run their business properly. If you've been an employee before, you'll probably get what I mean. You often run into bosses and managers who don't know what they're talking about, other employees are busy chatting on Facebook during working hours…

You've probably read statistics like 95% of new businesses fail in their first year…

Most businesses today are not at all productive. Employees are paid on an hourly rate, and not based on performance. They don't get more money the more they work, with the exception of yearly salary wages if they do well.

If you treat your online business like a business with these types of assumptions in mind, you're leading yourself towards having a terrible time.

 

Fourthly…

Like I said in my previous point, most businesses are either unproductive or don't care about productivity at all. Employees are expected to work from morning to evening with a minimal amount of breaks in-between, and companies are always expecting them to work more, to work longer, and to get more results at the same time.

Such expectations in a business often lead to problems such as employee workaholism, inefficiency, and draining of employee morale. Not only that, but working in such a way can be extremely damaging to your health.

Indeed, this is the type of thing that you often see in people who work from home on their online business today as well. People work long hours with very little sleep, and lack the time for balancing their life through exercise and maintaining relationships. The end result is lack of productivity and things don't really get done…

If you treat your business like a business, this just might be the results that you are getting. Still want to treat your online business like a business?

 

Conclusion

After reading this, you might be wondering how you should start treating your online business…

Well, I can't teach you how you should think or what you should think. But you should probably compare your business to something that you are more familiar with. One of the best ways to learn something new is to compare it to something that you already know how to do. Not something that you have never done before in your life.

Many people say that you shouldn't treat your online business like a hobby. Well, I know a lot of people who take their hobbies very seriously, probably even more seriously than you will ever see managers or CEOs treating their companies (example, video gamers).

Balance your work with both responsibility and determination, and treat it in the way that will benefit you the most.

Remember to balance your life as well with other activities outside of work…

 

Allen Walker