Home businesses for 2009 are exploding because of the recent economic down fall. Millions of people daily are heading online in search of a cure to their financial problems. As this trend starts to explode, there are some concepts that people need to realize when transitioning from the employee mindset to the entrepreneur mindset.Setting Goals
Setting goals is the only way you will have a successful home based business. How many times have you set goals? Did you keep them? This is a problem many people have. They do not have trouble setting the goals – it is the keeping them part that is harder. Goals are essential to the home based business because without them there will be no direction clearly laid out for the business to follow. Studies show that the first five years are critical to the success of a small business. This is the period within which they either make it or fail. You should set 30, 60, and 90 day goals. Make sure these goals are written and can be viewed easily. Keep track of deadlines and run your business like a business, not like a hobby.Understand That It Will Not Be EasyStarting your own home based business for 2009 will not be a easy thing to do. The number of things you have to consider when starting up are going to be overwhelming at first. Sometimes you may just want to give up and do nothing. You need to remember that success leaves clues. You’ve heard the saying, “Follow the rabbit down the rabbit hole”. If you want true success, follow those who have went before you and achieved it. Research and testimonials will help you find those clues. don’t make it harder than it really is. It really isn’t that hard to generate over 100k a year from the right business. Just find your leader and follow there steps.Daily Method of OperationHome based businesses for 2009 must be operated in an organized manner. Make a list everyday after you are finished working, of what you need to take care of the next day. Create a list of the 5 most important things you need to do to get you closer to your profits. Work until you have completed each task. When you do this, you will already know what needs to be done, in what order when you start fresh the next day, and most importantly, you will be making progress each and everyday. Also make sure to spend some time investing in yourself with personal development. This increases your value to society and your ability to lead.

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.