During the first few months of operating your own work at home business; it may cross your mind to go back to the old grind at a regular job outside the home. There are more women than men in work at home jobs, and it is shown that women tend to be able to multi-task better than men. Considering women are doing 3-5 different tasks at once at home already, and thinking about doing 3 or 4 other things, multi-tasking is nothing new. Women strive to prove they can do any job a man can do, and now more than ever they own their own companies.
Home Based BusinessesOver 25 million people in the United States are now home based business owners, and this number continues to rise daily. Getting paid for what you do and not what someone thinks you could be worth is much more rewarding, and is more fulfilling in the long run. Since the fall of the economy as of late, our nation has the highest unemployment rates in recorded history. Our numbers now outrank the Great Depression unemployment rates, and people are now taking jobs well beneath their education and experience level simply to have a job. Employers believe they will be able to create new jobs to sustain the economy, but many people are taking it upon themselves to create jobs by opening their own home based business.
InternetMany people begin looking on the Internet as a means of finding information on starting their own business. As of 2005 it was estimated that half of the homes in the United States would be involved in some way with a home business, and that number has now risen to 75% due to the economic status.
ScamsIt is easy to get taken by a scam artist online advertising a way of making so much money a day with your own home based business. There are many government agencies as well as your local FBI office that are more than willing to investigate these fraudulent and illegal practices, if you only report them. The website www.fraud.org known as the National Fraud Information Center updates their site regularly with email scams and business scams that have been found across the net for you to investigate. There is also a place on the site to report fraudulent and illegal scams as well. Envelope stuffing is listed as a scam, as well as a company offering you the opportunity to cash checks for them and keep portions for yourself. In envelope stuffing, you do not get materials for the fee you pay, you get a 1 page instruction sheet telling you to actually place an ad like the one you responded to, and simply repeat the process. This is considered a pyramid scheme and is illegal because there is no product or service offered.
NicheFinding out where your talents will best be used is the key to finding the right business. Doing your homework on what types of businesses are offered is key. You may want to open your own dollar store online, or work with an auction site and use drop shipping. Whatever the case, knowing where your talent lies and how to use it is important in finding your niche in home based business.
StatisticsFor every 100 people that begin working before age 25, at the time they reach age 65:
- Only 1 is healthy
- 3 still work
- 29 are deceased
- 4 have money for retirement
- 63 live off of Social Security or from family and relative contributions or help
Finding the right business is essential in not falling into these numbers. This is a choice that you have to make that may not seem important now. But if you choose a business that is based in current trends or fads, your business will more than likely have to undergo changes in the next year to accommodate the general public’s tastes again.
What Type Of Business Should I Have?Think long and hard about this question: If I could get paid to do anything in the world, what would that be? If you think that giving your opinion on things is ideal, start a blog on a paid site that offers you commissions on your blogs and how many times they are viewed. If you are interested in the supernatural, do local research and get in with a local ghost hunting expedition for more experience, and write a weekly paper for a charge. If you think that writing is your forte, look into online publishing companies and those that are searching for ghostwriters. Hobbies can often times be turned into great home businesses, such as carpentry or woodworking or even crafts. Creating products to sell for profit can be not only satisfying, but profitable as well.
Stay Home or Work from Home?Now is the time to decide what you will do. You can always go back to being the nobody at a nowhere job where you do the same thing every day. Or you can start or stay at your own home based business and watch your ideas come to life. With work and dedication, your home based business can easily create a comfortable retirement. Planning ahead now and deciding what you want your future to hold will help to make the decision for you. If you know the job you have will always have a $12 cap on salary for you, and you will never move up in the ranks, why stay and be a doormat when you could have a home based business selling door mats?
With all the different options to open home based businesses, it is feasible to make more money from home than at a regular 9-5 job. Job security is still an issue with either type of job due to the rocky economy at this time, and the only one who can make the business or break it is you.
