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It's completely up to you how many hours per day or per week you are going to work for your trade. Just be aware that your trade will grow slower or quicker, according to the extent of time you put into it.
Let's consider the PROS first:
No personnel' benefits
Depending on the visitors you work for, you'll have access to benefits like medical and dental insurance, life insurance, pension plans and others. If you are your own boss, you'll wish to manage with all these things yourself.
Exciting and fun learning experience
The foundation for your on-line trade will be an area that excites you (a hobby, a passion, life experience). That means operating on it might now not feel like "work" at all. In addition, the whole process of creating and marketing your on-line enterprise is an amazing learning experience.
Little to no sales in the first 6 months
We are talking about building a critical and honest on-line trade, now not about a 'Get Rich Quick' scheme. During the first 6 months, you probably won't earn any money at all.
Work from home
A wide advantage as you do now not waste time with commuting. And it makes it such a lot more practical to suit your work into your day by day duties as a single mom.
Motivation has to come from internal
There is no set time when you must be at your desk. No boss, mentor or colleague will praise you for your achievements or provide feedback how you could do better. You must be able to motivate yourself, define your aims and stick to them.
No fixed monthly sales
You must be cozy with a sure insecurity. You won't have monthly payslips with a fixed extent. Although sales from an on-line trade will normally grow over time, there is no guarantee. You might have seasonal fluctuations. Or a strong competitor might take away a couple of of your clients.
If safe practices and a stable, general work environment are wanted to you, you might be better off as an employee. On the other hand, the beauty of an on-line trade is that you may delivery it part time. Actually, you need to always do so, as you will want another source of sales to sustain you during the first year. So, even if you are now not the adventurous form of mom, you could still give it a try.
Automatic cash go with the flow, once demonstrated
This is, for my part, the biggest benefit of an on-line trade. If you do it suitable, it will provide an automated cash go with the flow from quite much of sources, e.g. earnings from Google ads, affiliate commissions, selling hard or e-goods, gettingreferrer's rates and so on. Imagine going on a long holiday with your toddlers ... and the money keeps coming in.
Being your own boss
Priceless. You decide when to work and what to work on. Later on, you might even consider "outsourcing" a couple of of your tasks and hence sit on the other aspect of the fence, for a change.
Being there for your child AND earning a just suitable living are the two biggest challenges for us single moms. If you have a full time job, you'll earn enough money, nevertheless you do now not have enough time for your child. If you work part time, you may spend more time with your kid, nevertheless the financial situation will be tight. So the perfect solution could be a role that requires now not more than 4 to five hours work per day AND provides sufficient sales. From my very own experience, starting an on-line trade could just do the trick. However, it is wanted to look at both sides of the coin before you decide.
In conclusion, it relies mainly on your personality, whether an on-line trade is the suitable solution for you. If you are self-motivated, well organized and a bit adventurous, you need to always with out a doubt give it a go. As I said earlier, starting an on-line trade needs almost no financial investment. And if you do it suitable, the sky is the restrict for what you may achieve with it.
Sounds too just suitable to be true? Well, I have done it and so can you, nevertheless there are a couple of CONS you need to always consider as well:
Low possibility and investment
An idea, a computer, an internet connection and a step-by-step e-book how to install and market your trade is all you want.
Social isolation
As a single mom, your social contacts will be confined anyway. When you work outside your home, you have a minimum of your colleagues to engage with. But when you work completely from home, you might feel pretty isolated. It will take more effort from your aspect to build a social community.
