Smart Passive Income #220 - You are Responsible for Everything

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Pat revisits the topic "working from home". Where are the problems and challenges to overcome?

• You are responsible for all decisions ... if you have a problem, look for people who know more than you in that particular subject and ask them ...
• You are responsible for your schedule ... therefore, you have to create one, and separate your workspace (and computer) from your non-work-related life ...
• You are responsible for getting work done ... get dressed (no pajamas!), schedule important meetings early in the morning, and don't forget to exercise in between ...
• You are sooooo alone ... luckily there are Facebook and Twitter where all our friends live and thrive ... but don't forget to work in between ...
• You are responsible for all the rest ... there is no employer who thinks for you, and no one who provides benefits out of their golden hearts ... (I wonder why employers provide benefits, they are our benefactors!) ... like before do it yourself ... get an health insurance and a retirement plan, plan your vacations ... stay healthy ...

Smart Passive Income #128 to #130 - Affiliate Links & Income Report & Five Reasons not to become Self Employed

This blog moved to a new location, please visit us at http://ramble.m2m.at.
 
Pat is not sure if he should hide his affiliate links ... well he does now (end of 2013) ... seems he made up his mind ...

... and we have reached September 2009 ... his income report for August 2019 is up a couple of hundred bugs, has not reached its former height, but more than 9.000,- is not bad at all ...

After one year of self employment, Pat gives five reasons why you shouldn't:

• You are responsible for everything, you make your own decision, nobody tells you what to do ... of course that's one of the reasons to become self employed ... but sometimes you would like to hand over that responsibility and just do tasks somebody tells you to do ...
• You are master over your time, you can schedule on your whimsy ... which again is nice, but sometimes, you actually will do nothing, and other times you do too much ...
• Procrastination ... it's really much easier to achieve a mind of procrastination than at a work place where your boss looks over your shoulder all of the time ...
• You are sooo alone, no coworkers, ... well that depends on the size of your company ;)
• No benefits, ... true, you get no retirement plan (actually not true, set up one yourself!) ... no medical, or dental plan (again, setup one yourself!) ... no paid vacations (wasn't the idea of passive income, to get paid even when you are not working?) ... no free lunches (... which you actually can pay for yourself when you earn more ...)