ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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You need to clearly define your “work” time and your “home time”
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You need to work hard to build your business and make it successful.
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You should schedule lunches out of the house as a tax write-off.
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You shouldn’t wear your pajamas all day just because you can.
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Detailed explanation-1: -Why is it important for entrepreneurs with home-based businesses to remember? You need to work hard to build your business and make it successful. You need to clearly define your “work” time and your “home” time.
Detailed explanation-2: -One of the most important things you can do when starting a home-based business is to create a business plan.
Detailed explanation-3: -Self-discipline. This may be one of the most important qualities for an aspiring entrepreneur to have. You are at the heart of your business idea, meaning that you will be the one to hold yourself accountable.
Detailed explanation-4: -1) They set goals for themselves. 2) They learn something new everyday. 3) They’re persistent. 4) They surround themselves with people that make them better. 5) They seek new experiences.
Detailed explanation-5: -Possess the requisite skills to do the primary work of the business. Have a plan for performing the ancillary functions. Realize that growth means you will have to let go. More items •21-Apr-2015