Wednesday, July 10, 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 punch 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 resign from your job and never return without any worries? Well, if you are like everyone else in the world, the answers to those questions would almost certainly come close to being everyday. Working in your own home is a blessing for some and a curse for others. The fact 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 comparable to the feeling you get of knowing that whether or not you do any work during the day, there is no chance that you can get fired. There is no need to fear about being written up simply because you were late, either. What could possibly be better than that? Well, the fact that you are generating all the profit rather than a teeny percentage each week while the company you work for rakes in millions if not billions a year.

While having a job in this economy can be viewed 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 producing beyond your pay check. There is no reason why you should be solely making money for someone else. You ought to be able to do what those big companies do and make all the money for you and your family. Granted, at the beginning 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 plenty of 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 correlate with your specific interests. Find what works for you and your family and run with whatever it is.

Network Marketing is a financially rewarding multi-billion dollar industry that has really become the saving grace for many of the worlds 'income seekers' during these difficult economic times. If you're contemplating joining up with a company, you can expect to discover that there are a lot of niches that exist inside of the Network Marketing Industry that come under four main categories:

1. Health and Wellness

The most common niche that is out there in the Direct Sales/Network Marketing Industry currently is the health and wellness niche. This industry is thought to be the most popular given that more and more people are becoming health conscious, coupled with the influence of the aging Baby Boomer population.

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

The Health & Wellness products generally promote bettering physical ailments, boosting the energy and body's immune system, although some even promote rapid weight loss without adversely doing harm to the body.

This specialized niche is big on autoship, direct sales and consumable products. Working within this niche will allow you to acquire a huge residual income if you have quite a lot of distributors putting an emphasis on clients who consume the products and commit to recurring order.

2. Cosmetics and Personal Care

Following the phenomena of health and wellness is cosmetics and personal care. This area of interest focuses chiefly on direct selling and consumer products as well, but instead of offering products to benefit your health, they work directly with the image industry.

Make up and personal care product companies are developed to purely help you look your best. While health and wellness assists you feel your best, personal care companies assist you look your best.

Personal care product companies provide full marketing tools and training for specific product lines that are unveiled 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 out 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 advancement of the World Wide Web, more and more people are becoming Web knowledgeable and are looking for approaches to fiscally benefit from it. With this Internet Marketing Movement, network marketers are beginning to transition to web based marketing to promote their products and services.

As the world gets even more comfortable with shopping online, a new niche of Network Marketing industries has surfaced, and we will discuss two of these primary Internet Marketing companies below:

A. E-commerce Companies

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

Just about the most profitable Internet businesses deemed by these companies is e-book merchandising. The cost to develop an e-book is very little if any, keeping overhead very low.

Another great benefit to Online products is there are no shipping charges, on account of digital downloads. Once purchased, the product is usually instantly downloaded directly to the customer's computer, making the customer extremely happy and the company excited with terrific profits.

Other types of downloadable information products include CDs and DVDs.

B. Internet Service Companies

There are also companies that specialize in selling internet services. Their business services concentrate totally on servicing marketing with 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 pretty much unlimited considering that millions of conventional businesses are now acknowledging the internet as their most powerful marketing and promotional tool.

4. Home Party

Another popular kind of niche within the network marketing industry is the home party niche. It is for the most part preferred by stay at home parents seeking for part time income.

A home party business only requires minimum investment to get your product demos, websites, and other marketing tools. Considered as the most family-friendly of all network marketing companies, this business is a worthwhile way to earn income. By joining a home party company, distributors get to enjoy flexible schedules and take pleasure from networking with diverse types of people.

There are more niches within the network marketing industry that we did not cover here for example the traveling niche, investments niche, energy companies and motivational and educational niches. However, as you continue on your search to find the perfect fit for you, make sure to partner with one that you trust and will enjoy! The biggest error that a lot of people make when starting a new business is not having the same work ethic or dedication that they have for their employer for their own business. It's insane 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 totally 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 freedom. These days we've all found out there is no such thing as job security. So while you're working your fingers to the bone daily to make your boss look good, you should 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 future and the only way you can do that is by starting your own business from home so its possible to gradually 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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