The exact numbers vary a little bit, depending upon to whom you pose the question.
No matter who answers, though, the picture is dreary.
Somewhere between 90% and 99$ of all home business, according to the experts, crash and burn.
They fail.
People who wanted to find a way to escape the nine to five world find themselves right back in it, with an added layer of bitterness.
Why? What makes these seemingly good ideas nosedive? There are countless reasons but some are more common than others.
Here are ten frequent causes of home business failure.
1.
The failure to take action.
A whopping number of those failures never really got off the ground in the first place.
That's because so many people get ready to pursue a home business but then fall short of actually putting a plan into action.
2.
The failure to follow through.
Others will take that initial action but will then burn out or fade away before things have a chance to start working.
The result? They join the big majority of work at home failures.
3.
The failure to use a smart system.
The success stories of the work from home world are usually people who did their homework and invested in a proven blueprint for success.
Those who feel a need to reinvent the wheel all by themselves don't often find success.
4.
The failure to believe.
You've heard about that "mind over matter thing" a few thousand times, right? Well, it just so happens that it's absolutely true.
People who don't have faith in themselves create a negative context that invariably stands in the way of achievement.
5.
The failure to schedule.
Running a business from the comfort of your home can sound pretty easy.
Compared to many of the jobs out there, it is.
That doesn't, however, mean that you can do it in 2 minutes per day.
These opportunities require a little time.
Too many people never find a way to handle their schedule to allow exploration of work from home details.
Those five factors lay waste to home business owners every day.
If you want to make your approach work, learn from their mistakes.