. It is a good feeling. The real danger comes in the form of misconceptions. There is the presumption that it is easy to make money from home. There are other fallacies which hide the reality that you could have a possible financial disaster.
Your job gave you basic security of a salary. You knew the exact amount you received month every month. It is all going to be different from now on. If you have been working for a company for a long time, you have an uphill task to adjust and change. This change is not easy. It requires a new mental make over.
There is a misconception that your plans will work exactly as you figured it. Most likely they will not. You cannot and will not be able to anticipate many problems cropping up everyday in different ways when you work at home.
You cannot foresee every little thing that can go wrong. Sales may not come through as expected. Promises people made may not come true. Your calculations can go wrong. Unexpected price changes can affect your market. Products may not be working as expected. These are some things that can happen that you have no control over.
Money is the biggest shocker. Your regular monthly income will disappear. Money can become scarce and you may be in more debt than you know. Many have failed to take control of their credit cards and overdraft bank accounts. They have a misconception that work at home will be profitable. There is a presumption that everything will turn out to be wonderful.
There is a numbness that comes to all entrepreneurs in the beginning. You dream that it is easy, simple and that money will fall into your lap. The reality is it takes time to make money. It also takes time for you to learn the work at home discipline and learn patience.
All these wrong assumptions will over rule your sense of reality. You need to control your spending only with what profits you are making. Beginners have no clue about spending capital; break even, profit and loss concepts of the accounting world.