Saturday, July 13, 2013

Time To Make A Choice About Starting Your Own Home Business

By Tommy Taylor


"If you have always done it that way, it is probably wrong." ~
Charles Kettering

How many times have you wanted to smack your supervisor right in the mouth because they decided that you need to stay late and finish a project? How many times have you wanted to quit your job and not return without any worries? Well, if you are like everyone else in the world, the answers to those questions would perhaps come close to being on a daily basis. Working from a home office is a blessing for some and a curse for others. The truth is that there is nothing better than being your own boss. Working for yourself is one of the all-time most beneficial things you can ever do in your life. There is nothing that can compare with the feeling you get of knowing that whether or not you do any work during the day, there is no way that you can get fired. There is no need to be concerned about being written up simply because you were late, either. What could possibly be better than that? Well, the fact that you are making all the profit as opposed to a small percentage every week while the company you work for rakes in millions if not billions a year.

While having a job in this economy can be seen as a blessing, is it your dream? Are you just earning enough to get by? Don't you want more? I'm not saying quit your job. I'm saying keep your job until your business is repeatedly thriving beyond your pay check. There is no reason why you should be solely making money for someone else. You are able to do what those big companies do and make all the money for you and your family. Granted, in the initial stages you almost certainly won't be raking in six figures, but with some significant elbow grease you should be able to make enough money that you won't have to worry about putting in a resume or sitting through a pointless interview again. You will need to put some hard work in, but that shouldn't be any harder than what you have been doing all these years for someone else.

There are so many options and so many possibilities. What are your passions and interests? What do you love doing? Take some time to consider what you're good at doing. Identify your strengths and weaknesses. Research different opportunities that line up with your specific interests. Find what works for you and your family and run with whatever it is.

Network Marketing is a highly profitable multi-billion dollar industry that happens to be the saving grace for many of the worlds 'income seekers' during these rough economic times. If you happen to be considering joining up with a company, you will discover that there are a lot of niches that exist within the Network Marketing Industry that fall under four major categories:

1. Health and Wellness

The most popular niche that is available in the Direct Sales/Network Marketing Industry today is the health and wellness niche. This industry is regarded as being the most popular given that increasingly more people are becoming health conscious, coupled with the influence of the aging Baby Boomer population.

These products are highly consumable and have a large appeal to the masses. They are generally described as 'alternative medicines' due to their ingredients made up of natural herbs.

The Health & Wellness products generally promote enhancing physical ailments, maximizing the energy and body's immune system, while some even promote swift weight loss without negatively hurting the body.

This area of interest is big on autoship, direct sales and consumable products. Working within this niche enables you to develop a hefty residual income if you have a great deal of sales reps focusing on buyers who consume the products and commit to autoship.

2. Cosmetics and Personal Care

Following the phenomena of health and wellness is cosmetics and personal care. This specialized niche focuses mostly on direct selling and consumer products as well, but instead of offering products to benefit your health, they deal directly with the appearance industry.

Make up and personal care product companies are specially designed to just help you appear your best. While health and wellness may help you feel your best, personal care companies enable you to look your best.

Personal care product companies offer full marketing tools and training for certain product lines that are released to the market. The product line is promoted by having house parties, classes, and business opportunity meetings. While health and wellness focuses more in recruitment, the pay in cosmetics and personal care comes from the total number of products sold within a particular time period.

3. Web-based Marketing Companies

Since the arrival of the World Wide Web, more people are becoming Web savvy and are seeking ways to fiscally benefit from it. With this Internet Marketing Trend, network marketers are beginning to turn to web based marketing to promote their products and services.

As the world becomes even more comfortable with making purchases online, a new niche of Network Marketing industries has surfaced, and we will talk about two of these primary Internet Marketing companies below:

A. E-commerce Companies

These are Network Marketing companies that sell various products and services via the Internet. They vary from clothing lines to books to various informational programs amongst other services.

Probably the most profitable Internet businesses deemed by these companies is e-book merchandising. The cost to generate an e-book is little to none, keeping overhead very low.

Another significant advantage to Internet products is there are no shipping expenses, as a result of digital downloads. Once paid for, the product can be immediately downloaded directly to the client's computer, making the customer extremely happy and the company excited with great profits.

Other sorts of downloadable information products include CDs and DVDs.

B. Internet Service Businesses

There are also companies that specialize in offering internet services. Their business services center entirely on servicing marketing using Internet tools like web hosting, web design software, auto responders, and e-mail marketing systems.

The market for this kind of network marketing company is virtually unlimited because millions of standard businesses are now recognizing the internet as their most effective marketing and promotional tool.

4. Home Party

Another popular type of niche within the network marketing industry is the home party niche. It is primarily chosen by stay at home parents looking for part-time income.

A home party business only requires minimal investment to get your product demos, websites, and other marketing tools. Regarded as the most family-friendly of all network marketing companies, this business is a rewarding way to bring in money. By joining a home party company, distributors get to enjoy flexible schedules and take pleasure from networking with various types of people.

There are even more niches within the network marketing industry that we didn't go over here such as the traveling niche, investments niche, energy companies and motivational and educational niches. However, as you continue on your search to find the best fit for you, make sure that you partner with one that you believe in and will enjoy! The biggest mistake that lots of people make when starting a new business is not having the same work ethic or commitment that they have for their employer for their own business. It's nuts when you think about it. Some people are willing to work harder for someone else than for themselves. You should be as serious about your business as you are about your employers. If you cannot completely dedicate yourself to your own business you may as well keep working to build someone else's fortune!

Making money for your employer may be something that you are used to doing on a daily basis, but it certainly isn't the way to financial independence. These days we've all figured out there is no such thing as job security. So while you're working your fingers to the bone every day to make your boss look good, you need to be implementing your Plan B. It may start out as supplemental income, nest egg savings, a college fund for the kids, or down payment for a house money. It may grow into a full time business. The point is you must start some where and somehow right now. If for any reason your paycheck stopped coming, what would happen to you and your family? Do you have enough saved up for at least 6 months to a year? If you do, you're doing better than most because most people are literally a paycheck away from being homeless!

It's time for you to take charge of your destiny and the only way you can do that is by starting your own home based business so that you can finally walk away from that corporate dance you have to perform for that lowly paycheck. So, do you want to work someone else the rest of your life or for yourself? The answer should be a quick and easy one.






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