Finding the Time to Work on Your EBook Publishing Business After a Long Day at Work

There’s nothing harder than having to work after work. That sounds like an odd way of phrasing this, but it’s the best I can do. Imagine yourself coming home from a long day at your traditional job only to have to somehow find the time to work on your eBook publishing business. If you think this is a challenging situation, then you’d be right. But there are some really clever ways you can hold down your day job and still have the time and energy to work on your business in the evening.

It’s important to start by really looking at your schedule. You need to be somewhat realistic with yourself and understand that it’s not really practical to come home and to them immediately start working on your eBook business. You need to have some time to relax, have something to eat, maybe even go for a short walk. You might be reading this and thinking to yourself that only a weakling would need to rest and recuperate. Trust me, if you go straight from your day job to working on your business it won’t be long before you’re completely burned out and unable to really make much progress.

Can you realistically find the time to work on your eBook business after a long day at work? Yes, but you’re going to have to really be fair and honest about the amount of time you have to work with. I’d suggest starting out with no more than 45 minutes being devoted to your business per weekday. See how that works out, and you can expand the amount of time you spend working on your business from there.

Starting A Business After Being Downsized – Fantasy or Reality?

One of the dreams of most working individuals, if they were to be honest, would be to have their own business. Perhaps for you in a perfect world you would have such a business that allowed you to pick the days and hours you showed up at the office. For others the ideal situation would be to have no bosses and no employees. Unfortunately, over the last few years many folks were downsized and faced with changing directions in life.

If you are one of those individuals who has experienced a downsizing I hope and pray that you and your family are weathering the storm. I believe it is just a passing storm and sunny days are ahead. The difficulty is when you are in the storm all you see is doom and gloom. Hang in there and don’t give up.

As you know the US economy has been struggling since 2008 with millions of workers either unable to find work or significantly under employed. We sure do miss the good old days of March 2007 when the unemployment rate was 4.4%. Looking back it is clear that we were heading for a downtime as the housing bubble was ripe for bursting and the normally stable financial institutions were taking too many risks for the sake of maximizing shareholder profits. Thus the perfect economic storm came together to create the near global economic depression.

Unfortunately all of this lead to many folks losing their jobs, homes and hope for a bright future.

Losing your job brings along with it many fears and hopes and in some cases relief. I have heard many folks say that they were glad that it finally happened. For many folks working in an environment when everyday that you go to work you think it might be your last day is stressful. The day that the unpleasant news arrives at your office or cubicle brings both sadness and anger. Although you might have been expecting to get downsized, when it actually happens you feel like you have just been punched it the gut.

So once reality sets in and you have had a few days to digest what has happened to you, what do you do next? Do you pursue that dream that has been in your head to start your own business or try to get back in to a 9 to 9 job (9 to 5 is a thing of the past)?

Well you could get yourself a franchise and start building your future nest egg that way. The problem with buying a franchise is that the startup costs, are often too high. What I have found is that folks often look at he franchise fee and think that owning a business is doable. They many times overlook or fail to realize that addition funding is required to open and maintain the business.

For example, let’s say that you wanted to open up a subway. At a minimum you would need about $50,000 cash to get started. Then you need to get financing in the range of $92,000 to $315, 000. The actual costs would depend on the location and whether you are building or acquiring someone else’s property and equipment. So if you have the upfront cash required and can obtain the financing you are in business.

For many folks who want to go the small business route, generally there is some borrowing from retirement plans or taking out a second mortgage on their house. The challenges associated with starting a small business without adequate financing is emotionally and physically trying. Generally, companies providing financing insist that you have some stake in the game and thus require you to risk more than your time and effort.

The other issue with opening up a franchise is that you have no idea if you are going to like it. Many folks find out quickly that in order for the business to succeed a great deal of sacrificing is required. The owner is usually the first to arrive and the last one to leave.

There is a website called Franchise.com where you can get a better sense of the financial and personal commitments required to open up a franchise.

So if you don’t have funds to open up a new business is your only option to get back into the 9 to 9 grind? Well, obviously if you have bills to pay and need a little food periodically, you have to do what you have to do.

You also have an opportunity to go into business for and by yourself via the internet. Quite simply there are billions of individuals on the internet everyday. Believe it or not it’s relatively cheap to start an online business. There are endless possibilities when it comes to the internet. You just have to understand the basics of what customers are searching for and how to get it to them.

The great thing about building an online business is that you literally can get started in days rather than months or years. You can create one at your kitchen table and not spend your severance pay or retirement funds doing so.

I hope that you understand that you have choices if you have been downsized or if you are underemployed. If opening up a franchise is your heart’s desire and you have the means to do so, I would suggest you get started as soon as you can but proceed cautiously.

Business After Retirement – 5 Simple Tips to Start

Retirement is supposed to be the time in our lives when we are able to sit back, relax and reap the freedom of the golden years. What most people realize when they finally get there is that too much relaxation and freedom becomes boring. They start to realize that: they need to keep working to break the boredom, money should be coming in instead of going out, the cost of living is climbing outrageously, and they need enough money to have the financial freedom to travel to places they’ve always dreamed to be. Those are the few realizations aside from missing that feeling of accomplishment when they were still working. And that’s when business after retirement seriously comes to mind.

You need to plan ahead and build a good foundation if you are going to start a business after retirement. Here are the few tips that you might need to consider:

1. Assess yourself – are you a risk taker? Can you risk your retirement benefit? Because no matter how you look at it, starting a business involves monetary risk. Accepting that fact, you must also check if you have the ability and the will to work hard to be able to handle uncertainty. Most of all you must have the attitude of self discipline.

2. Pick the right business for you – if you are the kind of person who is driven by passion and wants to make a career out of it, chances are that you will attain success. The reason why increasing number of older Americans starts a business after retirement is know-how. After 50, you have gained the skills and experience that you are passionate about. That would really make a difference. For some people, owning their own business is fascinating. In this case, chose a business that has a demand and potential in times of growth and recession.

3. Come up with a solid business plan – As a retiree, you have a special advantage. You’ve probably had a career where you learned how to run a successful business, either through hands-on experience or through observation of how the business where you worked was run. Figure out what will make your product or service different or special, how you plan to attract customers and how you intend to beat the competition.

4. Find Great People – In a small business, the impact of a single team member can be enormous. Every person you add to your team must have a star quality – which means that the person must reflect your ideas and goals and will work with you through it. Is that possible? Absolutely. First, make sure you define what a star is within each role in your company. Then you can go find them.

5. Market and Sell – this is about getting the world to know about your business so customers come through your door or perhaps to your homepage. First, you’ll need to know and study your target market. Then develop or create a marketing message that will reach them. Make sure you maintain that message consistently and must be reinforced repeatedly so you can build your own brand or identity. Consistency gives the people a clear reason to be interested in your business.

When you are younger, you can afford to make a mistake, go out of business, even file for bankruptcy and still rebound. When you are older, there is simply less time to bounce back from significant business problems. Still, the wisdom of the years never fails.