There are only so many hours in a day, and you want to save some of them for yourself. If you’re planning on, for example, making small products and selling them, will you really have enough time to take orders, make them, pack them up and post them? If you’re not careful, you can find yourself doing tedious work all day and all night for $2 per hour. 

Remember that time is money: the only way to make the income you want is set an hourly rate you’re happy with, and then work out pricing as your rate plus expenses. If you don’t have enough time to do the work, then increase the rate or hire someone who does. It’s simple supply and demand.

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This entry was posted on Thursday, March 22nd, 2007 at 4:31 pm and is filed under Home Based Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.