The world wide web is full of offers to start home based businesses. They will tell you that a home based business is the vehicle to generating a passive source of income and can lead to early retirement. Furthermore, it is easy to start and run, and doesn’t require much financial commitment.While there are spectacular successes for some people, on the whole, the results will be disappointing for most. More often than not, many people will quit after a few months with mediocre results, while some might tough it out for a year or two, but still with rather poor results.When I started looking into the home based business phenomenon a few years back, I firmly believed that anyone with the drive to work hard and smart, can start and run a home based business, and make it a success.But now, with the benefit of hindsight, I do not think so. The demands of a home based business are many and varied, and I think not everybody can measure up. I have listed below some traits and reasons which you should NOT have if you want are considering a home based business. If you are guilty of even one of the traits or reasons, you might want to rethink your decision to start a home business.If You Are Looking For A JobYou are going to quit your job at the end of the present month. You have budgeted about 3 months worth of expenses, and is planning to work very hard at a home business so that you can make it a success by the fourth month. You reason that even if your potential earnings fall short of the claims by the fourth month, it should still be more than enough for you to get by.If You Are Not Open To Learning New SkillsYou are not open to nor are interested in learning any new skills. You are going to depend on everything you already know to run your business and have no intention of and do not see the necessity of learning anything new even if it is called for or if your business requires it.If You Don’t Have The Entrepreneurial SpiritYou know that you are not an entrepreneur. Even the thought of striking out on your own scares you. What you intend to do is to find a home based business that comes with step by step instructions. You fully intend to follow the instructions exactly and make the business a success.If You Are In Desperate Need of MoneyYour daughter’s college tuition has to be paid in the next 6 months. Furthermore, your landlord is looking for you for a little chat about the overdue rent and you are quite sure that the bank manager will be calling you soon for an update about the overdue loan payment. So, right now, you need an opportunity or a home based business that can earn you at least a few hundred dollars a month almost immediately.If You Don’t Want To Work HardYou are entranced by the ads on the net about home based business that can make you a lot of money but needs very little work and skill on your part. You don’t want to work hard and are actually looking to make money fast.ConclusionIf you see yourself in just one of the paragraphs above, you need to take it seriously. A home based business is not a walk in the park and if you start one with a handicap, your chances of failure will increase exponentially. Do take a step back and take an objective look at your strengths and weaknesses, and then decide if a home based business is for you.

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.

Before we go into the details of occasions when one really should know the important and basics of real estate laws, let us introduce you to what these laws entail.

Real estate laws are the legal statements which specify certain terms, conditions, scenarios and obligations which individuals and organizations should follow while making any dealings regarding land and buildings of any kind including apartments, homes, cultivating land or farms. They should be followed in sale and purchase and activities involving rent and lease of any property. These laws are made to protect both parties involved in any such agreement.

The five occasions when one needs to know the basics of real estate laws are: buying or selling some property, entering into a property lease agreement, entering into a mortgage agreement, home closures and foreclosures and entering into a tenant-landlord agreement. All these occasions are important as they involve a great deal of mental and financial investment. You should, therefore, pay enough attention to even the minutest of all details before entering into any such deal and making any decision. We will discuss three of the above mentioned cases when knowing these laws will help you in a number of ways.

The first and foremost time when you should know what your rights and duties as a seller or buyer are according to law, is when you sell or purchase some property. These laws tell you what you should do before making the transaction in order to stay free of tension and any future litigation. Most of the real estate laws direct both buyer and seller to go for proper documentation of each and every step so that things may be presented as evidence in case any dispute arises in near or far future. Both the buyer and seller have to add every term and condition of the exchange to make the process go smooth. A precaution at this stage is to avoid using your own wit at such a spot and to take help of an expert. Involvement of a technical hand can save you from scams and provides much better legal protection.

When you are going to enter into a lease contract, the need to know real estate laws arises when you are to decide and document the conditions which will terminate the contract, transfer of property provisions and the use of property. Having known what you can do and what you need not to do to avoid lawsuits or unfair claims on your property will help you as long as you are involved in the agreement.

The third and last occasion is when you are entering a landlord-tenant agreement. You should well consider the landlord/tenant laws and should well bargain your rights. As a tenant, you can, and should, check fro the present condition of the residence, the number of tenants as written in the agreement and the terms and conditions of increasing the rent. As a landlord, you should make it clear to the tenant that what are the circumstances in which you have the right to terminate the contract, the number of residents and the time period for which the agreement is valid.