Thursday, October 18, 2007

Earn Huge Dollars from Home





You can live a great life with the ability to make these choices. Can you imagine making an extra $300, $500, $1000 even $10,000 or more a month from home, on your own time schedule? Can you imagine a life with no job stress? You control you work – not your boss. Therefore, you increase both your health and wealth. All of this is possible with a legitimate home based business. Many people supplement or replace their income working from home. Many make an great income. There are lots of ads for home businesses or ways to make money from home. You just have to sort out the legitimate ones from the many “get rich quick scams”. Some examples of home businesses are:

* MLMs
* Internet businesses
* Billing
* Transcribing
* Internet auctions
* Mystery shopping.
* Cake making and decorating
* Party planner
* Pet sitting or groomer
* Photographer

Before you put your time and money into any business you need to ask several questions when you look at a business:
Ø How long has it been in business? You want to avoid a start up company. ¾ of start up companies don’t last over 3 years.
Ø How much does it cost to get started?
Ø If they have products, do they have real products that real people really use? You don’t want to get started and then find out you have products that people buy once and then never anything get anything else. They should be products people use every day.
Ø Do real people make real money? Can you talk with people who are successful? Many companies make claims of huge money, when, in reality, very few people make any money over their expenses.
Ø Is it a debt free company? A company is more apt to last if it doesn’t have a lot of debt.
Ø Is there free training? If it is not free, how much is it? Ø Are there are any complaints about the company.
Ø What kind of supplies do you need?
Ø Is there a demand for the products or services?


There are many advantages to having a home business.

* You are your own boss
* Personal freedom – stay home with your family
* Tax advantages - check with your tax preparer
* Ability to make money based on what you do instead of what your boss wants to pay you.
* Ability to supplement what you are already making to add to your savings, buy a home, or pay for college.


There are some disadvantages of working from home.

* You have to be disciplined. No one will tell you to get your work done or check to see that you do it.
* You may not have as much social interaction
* Lack of financial security – compared to a salary job


If you are self-motivated these can be minor issues compared to the advantages of working from home. In this market people have very little job security. Far too many people just before retirement age are being “downsized”, forced to take a pay cut or move to keep their job. That is not fair to someone who has worked for the past 20-40 years. Prepare for your future or for today. Get control of you life. Make your own decisions. After 31 years of teaching, it is so nice having my own schedule. I wish I had made this decision before. I now have my own schedule and my checks just keep getting larger and larger.

No comments: