Many people launch a home-based business and immediately begin working like they’re on vacation. They sleep late, lounge around the house during the day, talk to friends, exchange e-mails, chat online, and send text messages, all during the time that they are supposed to be working. But because they are working from home and they don’t have a boss, it’s very easy to fall into the trap of self-employed freedom. The key element of a successful home-based business is the discipline to make it successful.The very thing that makes a home-based business so attractive is also its biggest liability. The freedom that comes from working at home is a tremendous luxury, because it affords the home-based entrepreneur the ability to control his or her own working life. It’s not only comfortable working from home, but very convenient as well. A home-based business offers a legitimate financial incentive as well because there are tremendous savings from not having to commute, buy lunches out, and purchase office attire, to name a few.The thing anyone working from home needs to focus on though is that a home-based business entrepreneur’s biggest resource is time. In virtually any home-based business, income production is directly related to the amount of time spent producing it-even when working from home, there is no such thing as the figurative free lunch. Once the business is up and running and residual income develops, the time requirements diminish significantly. But a person who is in the process of launching a home-based business must understand that in the early stages of the enterprise, hard work is the order of the day.With hard work and committed effort, the home-based entrepreneur can make a tremendous income and literally create a recession proof of income for life. The key is to understand that the home-based business is a serious matter, and not a boondoggle. It’s called a business for a very good reason-that’s exactly what it is. Working from home isn’t an excuse to slack off, although it’s easy to do just that. The entrepreneur must be able to resist temptation, and to buckle down and work hard. Do that religiously every day, and your home-based business will succeed beyond your wildest dreams.