Making money from home…
A worthwhile venture!
By now you must be familiar with the phrase, ‘Work From the Comfort of Your Home and Make Money’ and you might have heard it in the form of a pitch, an advertisement, or some other form of presentation made by various marketers (Network marketers, MLMers and Web-based affiliates) attempting to entice you into their program or opportunity.
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In fact, the reason this particular phrase has been used so much – and still is today – is because the marketers who employ it are fully aware of one unmistakable truth: For millions of people, staying at home and making money is the fondest and most desirous of dreams that they wish transformed into reality.
It is said by some that the expectation (or dread if you like) of returning to work Monday morning at 9:00AM is the phoned-in cause of more illnesses and heart attacks than any other single cause of ill health, especially following a great weekend of fun and freedom. Who among us would want to return to the same boring routine, stuck in a cubicle while eagerly awaiting the clock to strike 5:00PM?
Veiled opportunities for success
Make sure to keep the above paragraph in mind though, especially when someone offers you an opportunity or success formula, the logic and practicality of which suggests that the only sane thing you can do is to take your job and shove it; because with your skills, knowledge and experience you can’t miss making enough money to live and pay all your bills. The brilliance of such an idea makes you wonder why you didn’t think of it yourself.
Yes, we want so much to believe that this beautiful dream is, in fact, destined to become our reality. But wait, open your eyes and look around you to see what is possible while fully realizing that, of course, a dream and reality are always two different things; and bringing yourself to understand that it is possible to operate a business from your own home that is more than just a hobby or source of part-time income is indeed the challenge, intriguing as it may be.
How would you know whether it is an effort worth pursuing? Because so many people have done it before and have had success? Indeed some have had enormous success from their home-based business, but you will have to examine yourself in a way that – perhaps – you haven’t done before. This self-examination will consist of many questions, some of which you must have concise answers to:
- What will you do in a home-based business?
- Do you possess the discipline required to stick with it until it works?
- What will your spouse think about it?
- Will s/he be supportive in times of struggle?
- Can you get rich working out of your own home?
- Can you really trade your cubical and necktie for blue jeans and your own den?
These are just some of the questions you will want to carefully consider and then arrive at reasonable answers that will be satisfactory to your spouse and family. And while you are busy contemplating, you will need information (facts, stats and examples) about others who came before you and were faced with similar questions and decisions; and you will do your own research to confirm or refute numerous claims that the home-based business industry was one of the fastest growing in America for the past 8 years and is still growing at a rapid pace today.
As far back as eleven years ago (2002) the U.S. Department of Labor indicated that as many as 70 million people will be working out of their homes by the year 2005, but according to a United States Census Bureau report in a June, 2011, more than “…half (51.6 percent) of all businesses that responded to the 2007 Survey of Business Owners (SBOs) were operated primarily from someone’s home in 2007.”
Your informed viewpoint
So, in support of the home-based business growth rate, there are solid data on which to base your decision. This type of business can and does work; but here is additional data from the same report which puts things a bit more in perspective for you: “Only 6.9 percent of these home-based businesses had $250,000 or more in receipts, while 57.1 percent of home-based businesses brought in less than $25,000.”
So there is an overwhelming majority of home-based entrepreneurs who are not exactly getting rich based on the numbers above. The lesser income reflected above is hardly enough to sustain a bachelor’s lifestyle, not to mention a spouse and a couple of young ones. However, there is still a decision to be made which now relies more heavily on your confidence, ability and level of commitment. If the decision was yours to make, how would you decide? We know that a home-based business is not for everyone. Could it be for you? Kindly leave your comment(s). Thanks!
As a thank-you gesture we’d like to present you with a free ebook titled, Storytelling Marketing. All you have to do is download it here, enjoy the reading and learn how storytelling can be a powerful ally in any business or marketing pursuit!