You Can Work-From-Home And Still Run A Multi-Million Dollar Business
With the rise of remote work and the COVID-19 pandemic, many businesses have shifted their operations to work from home. While some might think that working from home is only for small businesses or freelance work, it is possible to run a multi-million dollar business from the comfort of your own home.
For women especially, this important shift in the way we work has made both getting started easier, but also uncapped their earning potential.
Here are some tips on how to successfully run a multi-million dollar business from home:
1. Establish a dedicated workspace: One of the most important things you can do when working from home is to create a dedicated workspace. This space should be free from distractions and designed to help you focus. You might consider investing in a standing desk, comfortable office chair, and good lighting to help you stay productive throughout the day.
2. Invest in technology: Technology is critical when running a multi-million dollar business from home. You'll need reliable internet, a computer, and software to manage everything from finances to customer relationships. Consider investing in a virtual private network (VPN) to protect your data and enable secure remote access to company resources.
Before the pandemic, I was on a plane twice a week becuase big-name clients wanted to meet in person. Being in the room, made my business credible. Now, I do every meeting via Zoom. And our business is bigger than pre-pandemic!
- Danielle Lewis, CEO, Scrunch
3. Hire the right team: When working remotely, it's important to hire employees who are self-motivated and can work independently. Look for candidates who have experience working remotely or who have demonstrated a high level of self-discipline in previous roles. You may also want to consider hiring a virtual assistant to help you manage your workload and administrative tasks.
5. Communicate effectively: Communication is key when running a multi-million dollar business from home. Make sure to establish clear communication channels with your team, whether it's through email, video conferencing, or instant messaging. Use project management tools like Asana or Trello to keep everyone on track and ensure that projects are completed on time.
6. Maintain a work-life balance: Working from home can blur the lines between work and personal life, so it's important to establish boundaries. Create a schedule and stick to it, and make time for activities that are important to you outside of work. This can help prevent burnout and ensure that you're able to stay focused and productive throughout the day.
If you’ve been limiting your success, let me tell you, working from home doesn't have to limit your ability to run a successful, multi-million dollar business. By creating a dedicated workspace, investing in technology, hiring the right team, communicating effectively, and maintaining a work-life balance, you can achieve your business goals from anywhere. With the right tools and mindset, you can turn your home office into a thriving business headquarters.
