How does a home based business environment differ from the corporate world?Perhaps one of the most sought after aspects of owning a home-based business is having the luxury to create one’s own work hours. However, one must be cautious when determining time periods to work within. This is because there can be many distractions at home that a person may not take into consideration, that can very easily cut down on the hours spent actually working on the business. It is absolutely amazing how a few minutes here and there can add up. Before one realizes it the day is over and they have finished much less work than they intended.Many folks think that working from home means that they can be with their children and work at the same time. Owning a home-based business requires one to have child care so that they can focus on the daily work necessary to sustain their income. Creating a strict schedule daily, allocating certain times of the day for specific tasks and creating a distraction free work area is really the best approach to starting one’s own business.What are some things that one must take into consideration when deciding to leave the corporate world for home employment?There are two main areas that one must consider when making a bold move such as leaving a corporate career to start a home-based business. There are financial and structural issues to consider.Financially, one must evaluate what it will actually take to create at least the same level of income that they received at their job. A corporate job has a set salary whereas an at home business can bring in a fluctuating income, or one that ends up being inadequate. One must also consider the other costs that the corporate job may have provided such as health care, retirement plan contributions, stock options, etc.Structural and organizational differences exists between a home business and a corporate work environment. In the corporate world there are strict guidelines and expectations for employees. In a home-based business, the individual owner makes their own guidelines. For some people this is a very good thing, but others tend to struggle with developing their own system that is the most efficient for their new business.How can one create a smooth transition between a career and entrepreneurship?One can investigate ways to automate parts of their business online or through other technologies. This can help to make money fast, especially in the beginning when there are more costs involved, however, a business plan should be created or purchased to ensure that you have an accurate assessment of the entire business and market. Also, one can delegate tasks to family members or partners of the business. If there is no means to automate or delegate then there may be a better business avenue or opportunity that will allow for this and for one to make money working from home. The reason that I mention this is that one person can not do everything themselves. Some people may be able to but then experience burn out, which should be avoided at all costs.Finally, many people “spin their wheels” when deciding what type of business that they want, and get even more flustered because of the vast amount of opportunities that there exist. Many times it is difficult to know what will work. I recommend following a proven business model and/or finding a mentor that is experienced in the appropriate field.