Your Home Based Business Ideas – Personal Development Needs

Home based business ideas require that you choose the right one among thousands that you may have in order for you to achieve internet success. Apart from choosing the right idea, your personal improvement will also contribute heavily towards your success with any of your home based business ideas.

Most of the emerging entrepreneurs do not understand the significance of personal improvement which forms the basic essence of any successful businessperson.

Some of the smart entrepreneurs learn very quickly the importance of their personal development for the success of their business. However, many do not which lessens their chance of survival in the business. This is the basic reason for such high failure rates of home based businesses.

It is always a wise plan to improve you first before taking on any particular task. You might need to emotionally strengthen yourself along with updating your knowledge, skills and physical health in order to achieve any level of success in your business.

Here, is a basic view of the relationship between home based business ideas and personal development.

Sources of personal development:

You will find numerous resources on Google and Yahoo that will help you to obtain nearly any personal development requirements that you may have. There are also many text books and magazine articles that you can get from your local library or book store to help you in this endeavor as well. You will be wise to study those resources which are authored by people with real life experiences in the subject matter rather than a ghost writer who has no real life experience with the subject matter.

DVD’s and CD’s are other excellent resources which can help you with your personal development. The Internet is also a giant resource. Internet online courses and live webinars are very helpful for home based businesses and generally the training is free.

Physical and spiritual personal development:

o It is also important to keep yourself physically fit, healthy with good personal hygiene. You should have an exercise at least three times per week depending upon your age and health condition. A good dietary program is also important.
o You should also consult your Doctor and/or your Health Consultant to find out if there is any medication that you should be taking to manage any potential stress that you may be experiencing now or that you perceive could affect you in managing your business in the future.

Personal development also includes attending seminars and other training events to give you more exposure to new knowledge, techniques, and technical skills needed to manage your business. This type of training not only helps to expand your personal qualities but it also gives you exposure to other people who may later become your mentors.

Ratio of personal development training:

Ideally people should allot or dedicate at least 20% of their time from their daily routine towards personality development. For instance, if people spend five hours for their home business they should allot at least one hour for personal development. That ideal rate should be 5:1. Basically opening up your mind for new learning towards improving your personality will reflect on your business results.

General points to consider for personal development training:

o Focus on your most important needs first. Don’t shotgun a wide variety of subjects at the same time. Lock in on your most important needs first and follow up with others later.
o Start slow and expand gradually according to your needs and necessities.
o Focus on the specific needs of your home based business. Not all businesses need the same knowledge and skill sets. Find out what your needs are and stick to that subject matter.
o Don’t try to learn it all right now. Too much of information will bring chaos, frustration, lack of self confidence and most likely depression causing both your health and your business to suffer accordingly.
o Some home businesses even offer their distributors free personal development training. If so, then this is an excellent way for you to obtain some of the training that you may not already possess.

As a closing note, remember that your personal development is critical to your success in developing your home based business ideas.

What Benefits Does Having a Contractor Website Pose For a Home Improvement Company?

The Internet has become a very powerful as well as potent tool for businesses who want to spread the word about their services or products. With just a click at the search button, people are given access to thousands of resources and websites relevant to the search made. Because of the convenience that it poses, people of all ages and walks of life now use it to look for just everything under the sun. Together with the countless industries and markets, home improvement companies have also witnessed and embraced the importance of having a website.

Today, when home owners decide that they need to hire a professional contractor to do repairs, home additions, landscaping, renovation, or just about any maintenance and home beatification job; one of the most popular and among the first resource to cross their minds would be the Internet. Contractor websites helps these needy home owners in their hunt for the right home improvement professional or company by making the search process a lot easier and faster.

Visibility and accessibility are two important benefits of running a website for your home improvement company. Marketing-wise, having a contractor website helps you reach a wider variety of consumers as the details you advertise about your business will be available not just locally, but even world-wide. With this great exposure, you are also opening your doors to possible partnerships or other feasible opportunities as you are also letting your expertise be known to business-minded people as well. Even if you are asleep or busy attending to other things, your home improvement company website works for you 24/7. This increases your chances of growing your customer base and, of course, profits. With it, people can send you messages anytime and your company can respond to them in the soonest possible time.

No matter how small your home improvement company is, with a contractor website, you are given the chance to go head to head with medium and even the largest companies in the industry. An important note to remember though is that, you may be great at fixing or building things, but leave the construction and design of your website to the experts. Just think of the reasons why home owners choose to hire people like you instead of doing things themselves, and the same reasons should also work well with you on this position. Hiring the pros leaves you with enough time to do what you do best, minimizes the risks for additional maintenance and backjobs and saves you more money. What your contractor service website may cost you now would prove to be many times more valuable in both the short and long run.

With the technological advancements now, life is made more convenient, and that is how your many potential clients and existing customer base would prefer to have it. Building and running a website for your home improvement company would not only serve beneficial to your business but to those who patronize it as well. It is one of the most effective strategies that you could ever pursue for growth which would definitely put you in a win-win situation.

Become Your Own Personal Home Improvement Specialist or Hire It Out

If you look around your current home there are endless projects you can do, and many of them will save you money on your energy bills, or increase the property value. Not to mention there is a good sense of pride knowing that you have upgraded your home, and that you did it yourself. Perhaps this is why big box home improvement stores like Lowe’s and Home Depot have done so well here the United States and abroad. Interestingly enough, they are not doing as well in all markets. Okay so, let’s talk about shall we?

On September 15, 2012 the Wall Street Journal had an article “Home Depot: Chinese Prefer Do-It-For-Me” by Laurie Burkitt. It turns out that in China citizens prefer often enough to pay someone else to do the work rather than do it themselves, and the article noted that Home Depot is considering closing all 7 of its stores in China.

You would think that the Chinese would enjoy doing things themselves, and also wishing to save the money. Many come from humble beginnings, and families who were engaged in farming, they had to do everything themselves, and make do. Nevertheless, city life has changed much of that, and perhaps this is why the home improvement centers and big box stores of this type just haven’t caught on in China. Maybe they will the future, but that is an unknown that large corporations can’t risk with shareholders equity, or the need to maintain quarterly profits in their Chinese operations.

It’s not that the Chinese are not resourceful people, they very much are rather they would simply wish to put their trust in a tradesman, a specialist who knows what they are doing. In many regards this is good for small business development, and it shows a respect for the craftsman. Still, small businesses looking for building materials and supplies are more apt to go to a wholesale distributor rather than a Home Depot big box home improvement center. Do you see that point?

You shouldn’t be too surprised with this as all cultures are different and each values different things, and different groups within their own society often have different thinking. Middle-class Chinese would rather hire someone who specializes to come in and do the work for them rather than doing it themselves and perhaps screwing it up.

They wouldn’t want anything that wasn’t done correctly, and they probably do not trust themselves doing the job because they don’t have a decade or more of experience in that particular home improvement skill. Indeed I hope you will please consider all this and think on it.

Insurance on Home Improvement Projects

When talking about having insurance on home improvement projects, it doesn’t necessarily mean that you have to purchase insurance. Although, it’s not a bad idea. Especially, when you are going to be doing the home improvement yourself.

But, what if you are going to be hiring someone else? How do you protect yourself from damages that could happen in the course of them or their crew doing work? There are plenty of ways to insure yourself. But, this might seem like a play on words.

Know Your Contractor

First of all, make sure you know the person who is going to be doing work on your home. That’s probably the best first step you could ever make. That doesn’t mean they have to be a reference or you have to know them personally.

But, there are ways to check them out and make sure they are legitimate. The courthouse is a great place to start when you are researching a contractor. Look up their name and business name. Find any legal history about them. Remember though that a lawsuit doesn’t necessarily mean a contractor isn’t legitimate. Don’t be afraid to ask about any lawsuits that raise a flag. But, a handful of lawsuits should definitely be alarming.

Ask Questions

When interviewing a contractor, look at it as a job interview. Ask them questions. The rule of thumb is that a legitimate contractor won’t have a problem answering tough questions. A substandard contractor will try to dodge bullets.

Ask how long they have been in business. Ask about lawsuits and complaints. Ask for references. Also, ask if they have ever done any business under any other name. Then, start asking the tough questions.

Ask them if they are licensed and bonded. Ask them what their insurance covers. Make sure it is very clear who is responsible for any damages to your own home or your neighbor’s. If it’s a job I’m having done on my home, I would make sure that they were responsible for any damages. Also, make sure they provide a clean up when they are finished.

Some of the even more important questions concern whether there are hidden fees. Who is going to secure the permits? It’s best if the contractor is responsible for securing any permits you need. Will the job be complete when all the work the contractor promises is finished? Might seem to be an odd concern, but sometimes a contractor will slip out of a job and leave you hanging with a good bit left to do. Then, you find out that the contractor did all they promised and the job isn’t even close to what you imagined when it was done.

Put Insurance in Place

Get everything in writing. If the contractor says they have insurance, make sure you know exactly what their insurance covers. Try to think of all the contingencies. Maybe even talk to your neighbors about all the contingencies. Consult with others who have had the same job done on their home. Then, talk to your insurance company about the kinds of temporary insurance you can get while a home improvement project is being completed.

You might think that a temporary insurance contract looks expensive. But, imagine the damages if any should happen. It could end up being a disaster for you if you are not covered. But, make sure you check your current policy first. You might already have the insurance you need to cover any damages that you could sustain during any home improvement projects.

Ask your insurance agent. But, don’t let them sell you anything new if in fact you do have insurance that will cover everything. It’s a bad thing to have to say, but a savvy insurance agent will sell you insurance you don’t need and it’s virtually impossible to get money back from an insurance company if you find out that you have been duped.