17. I accept working long hours with little or no compensation.

18. I have enough space in my home to operate a business.

19. I know zoning and licensing laws in my community and how they might affect my business.

20. I am aware of business legal structures. (sole proprietorship, corporations, etc.,).

21. I know how to maintain business records.

22. I know what insurance coverage, if any, my business must maintain.

23. I am aware of what equipment/supplies I will need and cost.

24. I have a pay schedule set to compensate myself for all my work.

25. Being in control and responsible for my own business sounds great to me.

Well...no big surprise here! All answers to questions were True! If you answered True to most of questions then you have a reasonably good chance to be a success considering all other factors, such as time, money, motivation, effort. If you answered "False" to any of questions, this is a warning sign that this area needs to be studied closely to see what means needs to be implemented to strengthen this vital area. This could be easily accomplished through self study, extensive reading, research online, workshops, returning to school, getting good business advice from a professional in field.

============================================================ BB Lee is Editor of SmallBizBits News. Your Online Home Based Business Resource. Visit: http://www.smallbizbitsnews.com For more practical home based business advice.

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Goals should be; Specific, Measurable, Achievable, Realistic and Time related.

For example it would be unwise to set a goal of making $10,000 in a week, it’s just not a realistic goal for average person, unless you have a lot of experience and knowledge in your field or receive help from someone who has these attributes. When you failed to reach this goal your motivation would suffer and you might start doubting your decision to start your home business.

Ok let’s set some goals, firstly, though I want you to write a list of all things you want; whether it is a new car, watch, house, sofa, to send your kids through college or a successful home business, write them all down and say why you want it. When I did this I had a list length of my arm and I’m still working through it 3 years on. By doing this it will help focus your mind and motivate yourself to succeed.

Now set your goals, they need to be SMART and you need to set both short term and long term goals. One of best techniques I use is to set 6 goals before I go to bed for next day and prioritise them. All successful people set goals and prioritise them in order of importance. Remember your time is your most important asset; you simply cannot afford to waste it.

We are what we repeatedly do. Excellence, then, is not an act, but a habit. -- Aristotle –

By making goal setting a habit there is no reason why you cannot achieve excellence.