CHALLENGES THAT YOU WILL FACE WITH A
HOME SPORTSBOOK MERCHANT ACCOUNT BUSINESS
This article lists a few of the major
challenges that you will have to face
and overcome to run a successful home
based business or work from home.
Challenge 1 – Time
This is the classic challenge which is
well known as “the problem of plenty”.
You will have a lot of free time while
working from home for your own home
based business. You should be able to
self – manage your time effectively and
efficiently or else you will end up with
a failed home based business which is
not making any money for you.
While working from home, it is extremely
easy to get side tracked and let time
pass by as there are far too many
distractions. This can potentially lead
to you lagging in your work, which is
very harmful for your home based
To prevent this from happening, you
should create a schedule for both work
and your free time when you can relax.
The schedule should include time for
your friends and family also.
Make sure you keep up with the schedule
and you will see the benefits very
Challenge 2 – Boundaries
You should have an area, at home, that
is only for work related activities. You
should decide the timings that you will
be working every day. Most importantly,
when you enter your work area, you
should not tolerate any interruptions or
personal phone calls. Most people will
not understand at first, but make sure
that you explain to them and make them
to understand and accept it.
Friends and family don’t take this type
of working seriously that leads to
several problems, even downfall of the
Challenge 3 – Too much independence
Working from home or at home is all
about freedom. Being extremely
independent can actually lead to more
problems than solutions. You will have
to interact with other people. When an
individual starts to work at home, they
tend to forget the outside world. You
should keep in mind that the world
outside is equally important, for you
and the success of your business.
Networking plays a very big part in
setting up and marketing your business.
Challenge 4 – Staying out of the loop
This comes with too much independence.
You should stay informed if you want to
make your business successful and when
you are outside the loop, you will not
be able to get the right information at
the right time that may lead to many
One way to keep your self informed is by
joining with online communities and
groups where information sharing takes
Challenge 5 – Lack of Support
As explained earlier, most of the times
friends and family will not support you.
People generally think that work from
home is nothing serious and therefore
they don’t consider that you are
There are several ways to get around
this. One way is to show the people what
you are doing. Show them what you do.
Contact one of our
helpful account representatives to
assist you in the setup of a
high risk merchant account or
offshore merchant account for a
high risk merchant.