‘An honest days work for an honest days pay’ a saying that no doubt we’ve all heard countless times before in one form or another, yet it seems to mean a lot less now than what it ever has in the past. With so many people striving to earn enough money to meet the ever increasing cost of living, it’s only natural that a majority of them turn to the internet for help.
For some reason though, too many people fail to realise that if you truly want to start earning an income online you will still need to actually work for it. It is possible to make enough money through home based businesses and online marketing, to fulfil those dreams of being financially independent as long as you’re prepared to work for it. Logically it stands to reason (at least in my mind) that with the countless amount of people that promote one affiliate program after another those that actually succeed would be a very small percentage. Yet these same people that fail in one turn right around and try another using the same approach of promoting the same page as everyone else and hoping for the best, rather than putting in some time and effort and doing something a little different.
To truly build your own online home business, much like offline, you will need to put in the hard work initially to get the business up and running. Creating a profitable online business is a lot more involved than simply signing up for a program and then just hoping the money will start rolling in. You need to put in the effort to build your business from the ground up. The advantage of working online though is that in reality you can do it without any start up costs (other than a computer and an internet connection). Everything you need can be freely obtained, provided of course that you’re prepared to look for it and then put in the necessary time to use it correctly.
If you’re prepared to use your imagination, put in the time and effort required and honestly build your business it won’t be long before you start seeing some results. Even if you’ve never done this type of thing before, always remember that are plenty of programs, both free and paid that will help guide you step by step as you set up your own home business, it’s simply a matter of spending time to find the right program for you.
All In Days Work
Both seasoned IT entrepreneurs as well as developers make this common mistake. They don't seem to quite understand the difference between calendar days and work days. So let me ask you this question ? ?What should be the delivery date of a project starting on October 1st and having an estimated effort of 160 hours??
A typical calculation goes like this:
160 hrs / 8 hrs per day = 20 days. So, if the project is starting on October 1st, it should all be done on 21st October. Right? Wrong!
Here is what is involved, in understanding the delivery date based on start date and total number of hours that is required to accomplish the task:
Number of Days per Week: This is the number of days for which the office of the developer's organization is going to be open in a week. It can be any number from 5 ? 6. Like some companies are open for half time on Saturday. So, this figure is 5.5 for such an organization.
Number of Hours per Day: This signifies, the number of normal work hours that developer will be working in particular day. Do not take overtime in account because then you will not have any buffer to use should the project slip.
So, based on the above two numbers, if the Number of Days per week is 5 and the number of hours per day is 8 then the developer is going to work 8 hours per day then you will 8 X 5 = 40 hours of work done per week.
This means it will take 4 weeks to get 160 hours of work done. This is an equivalent of 28 calendar days which means that given a project started on 1st October it cannot be completed before 28th October.
Granted, that the above calculation is very simple, but you get the message! In reality, things are more complex because the utilization of hours depends on other factors like Number of resources on the project, Number of parallel tasks, Holidays etc.
Why knowing this is important?
Knowing this is very important for two very important reasons:
1. It forces you to plan in advance. As you try to think about delivery dates, you automatically begin thinking about the things that affect it.
2. It prevents unnecessary dissatisfaction. Had you not known this, the delivery on October 28th would haven perceived as a 25% slippage in project deadline whereas the developer has been able to meet the deadline.
About Author:
Mukul Gupta is the CMO of Indus Net Technologies, an India based Internet Consulting firm which specializes in Opensource solutions. You can reach him at script@script2please.com or visit http://www.script2please.com
Both Vanessa Brown & Mukul Gupta are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Vanessa Brown has sinced written about articles on various topics from Home Businesses, Pets and Web Development. For further information on how to build and create your own online business using free tools please visit - Home Busin. Vanessa Brown's top article generates over 14800 views. to your Favourites.
Mukul Gupta has sinced written about articles on various topics from Software, Home Businesses and Software. Mukul Gupta is the CMO of Indus Net Technologies, an India based Internet Consulting firm which specializes in Opensource solutions. You can reach him at script@script2please.com or visit. Mukul Gupta's top article generates over 3600 views. to your Favourites.
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