BusinessWeek

Is Working Out of the House The Same As Creating a Business?

BusinessWeek: "Ralph Blanchard

Nov 5, 2009 1:01 PM GMT
There is a big difference between working out of the house and creating a business. Most home workers are a one-man/woman band. If they get hit by a truck there is nothing left. They don't really have a business until they have something that can function smoothly when they are not around. When that happens, the value (as in future value when sold) of their business skyrockets and they begin the create some real wealth. There is nothing wrong with earning a living working from home but let's not confuse that with creating a true business."

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Very well stated. It's certainly not that these businesses are not important, they clearly are very important. It is merely that distinction of what value gets created in a company. As solo operators, home-based businesses generally don't build value above what the owner/operator may generate in income. There are exceptions of course. Still, it doesn't mean that some home-based entrepreneurs don't make fabulous income and enjoy an incredible quality of life.

M. Stacey

Keeping Things Simple When They Aren't Easy

In helping companies get unstuck and grow to their next logical level, I try to be persistently consistent with people.

Success is when what we communicate is simple, direct and crystal clear.

We will complicate it. It is our nature.

It should never start that way.

I often think of it in the way Michelangelo described his sculpture of David: the art was already in the stone.

It isn't what you add but what you take away.

It is important to stay in that thought as you begin the dialog that goes with improving any enterprise.

It is ESPECIALLY important when you start engaging prospects.

It is IMPERATIVE when they become clients.

They will fill in the blanks if we are quiet long enough to let them.

It is that simple.

It is rarely that easy.

It is always important.