Working from home has a lot of perks, one of which is that it’s more lucrative than going into an office every day. When working for yourself from home, you aren’t bound to hourly pay scales, instead determining your own worth. You aren’t distracted by coworkers and a commute, achieving greater productivity. You can also live anywhere you choose, and spend less on job expenses like a professional wardrobe and lunches out.
While it’s true that everyone is different, most people find that working from home, when done right, is truly much more lucrative than working at a job. What might surprise you, though, are the reasons why it’s so much more lucrative to work from home.
You Determine Your Worth
When you work a typical 9-to-5 job, your salary is dictated by someone else. This number represents how much the business values your contribution and it’s rarely a true measure of your worth. Some businesses do not even reward extra hours with overtime pay. This means that you can’t even bring in more money by working extra hours.
When you work from home, you can define your rates, determine your hours, and command the salary you feel is worthy of your time, skills, knowledge, and effort. You’re in the driver’s seat when it comes to your income. If you need more money for upcoming expenses, you can either raise your rates, bring in new clients, or work extra hours for existing clients – creating far more lucrative opportunities for yourself and your future.
You Achieve Greater Productivity
Many virtual assistants charge by the task. Without the time expenditure of the daily commute and the need to take a full hour off for lunch, you can get far more done in the same amount of time. You’re also not struggling with the many distractions you face in an office environment when you work from home.
This means you can be more productive, accomplish more in a day, and get paid for more tasks when working from home than you would if you had a daily commute and workplace drama to contend with.
You Can Live Anywhere
While this may not seem all that lucrative at first, think about the possibilities living in areas with lower costs of living represents for you and your family. This means your money will go even further than ever before.
It also means that if your spouse needs to relocate for work, you are not left worrying about whether or not you’ll be able to find a job in the new location. Your career is portable and profitable.
There Are Fewer Job Related Expenses
Once you get all the equipment you need to start your business (often it will involve computers, printers, fax machines, phones, software and web-based service subscriptions) the expenses involved in your career are relatively low and do not involve lengthy daily commutes, professional wardrobes, and expensive lunches and dinners out. Eliminating these expenses opens your budget even more month after month.