Search
Related Links

 

 

Informative Articles

Don't fall for email scams.
by Michael Bilgic Hi guys, you know if good old Mick here answered all the fraudulent and scamming emails not for one week but just for one day,Hey I would be a very rich man.Naturally I would be a billionare by one week if I was to believe them....

Fun with Credit Cards
For those of us who know how to use them properly, credit cards can actually be quite fun and lucrative. To those who do not know how to use them properly, I would say that you should stop reading this column right about now, or at least I would...

How To Increase Your Chance Of Promotion At Work
Job promotions are not something that happens all of a sudden. Getting promoted is not only about your growth but it is equally proportional to the benefits an organization expects you to deliver for them. In short to expect a promotion one has to...

To Get Free Publicity, Think "Local"
How do you identify newsworthy stories where you work or live? Especially newsworthy stories about yourself or your company that you can pitch to the media in the hope of getting some free publicity. By remembering a semi-famous quote from the...

"Triple The Response Of Your $ales Letters By Harnessing The Mysterious Power Of Mind-Reading"
Want to know a clever way to instantly supercharge your sales letters? One that most of your competition doesn't even have a clue about or are just to lazy to implement. What would that mean to you? Perhaps a small fortune, or even a big one!...

 
Factors To Make Or Break Your Home Business (And Home Business Residual Income Streams That Work!)

As our divine world drives furiously into this new ?Information Age? a new type of millionaire is fast emerging from the incredible changes that have been driven by the internet ? the ?Work From Home Millionaire?. This article probes into the questions that you have about the benefits of starting a home business, avoiding the scams that seem to attract any prosperous industry and (the bit that you?ll want to gobble up) the drop dead simple ways that you can implement today for instant home wealth.

Ready? Let?s delve now into the benefits of starting a home-based business. Do you know that this new breed of Work From Home Millionaire has it much better than most wealthy people? A home-business affords it?s owners a lifestyle that even traditional millionaires would envy (no need to commute or play dirty office politics as you watch the cash splosh into your Paypal account).

Not started yet? Don?t fret ? every thriving home business started off as a mere conception. An idea in someone?s head. Working from home is a dream for many ? but actually going ahead and starting a home business can be very difficult. So what makes so many people want to do it, and why would you ever try such a crazy thing? Here are some common reasons, and some things to consider:

Doing What You Love (Yes, You CAN Turn Your Hobby Into Your Job). Most people have something that they?re really passionate about, and would spend the rest of their life doing if they could, just for the enjoyment of it. Whether that means football, travel or hand-made sock puppets for you it?s wonderful to get paid for doing what you love! Make sure, though, that you?d be able to take it if you had to make a living from your passion. It?s the things we?re closest to that hurt us the most ? think of how you might feel if no-one buys what you?ve made, or if they send it back and with a note saying ?what rubbish, I demand a refund!? Can you cope with your hobby becoming commercial? As you?ll learn with time and experience there is always a small percentage of customers who are downright nasty and will take a swipe at your feelings (I know of webmasters who have even received correspondence touching upon hate-mail before). You always have to take the rough with the smooth.

Your Boss Is A Dirty, Backstabbing Little Pig. It seems like everyone hates their boss. In an increasingly commercial and profit conscious world the ?boss? is the guy who will deliver corporate riches at any expense. You may be a model employee, work more hours than there are in the day yet when it?s time for your loyalty to be repaid you?re left with a barely inflation matching pay-rise and hardly any gratitude for your slog. Is this really the way you imagined spending your life? Wouldn?t it be far nicer to do your own thing from your own space?

What you might not realise is that ?being your own boss? requires quite a lot of willpower. If there was no-one to make you get up in the morning and do any work, would you be able to motivate yourself? Your home is supposed to be a place of rest and entertainment ? and when it?s full of the equipment and temptation to do anything but work, working there can be hard (shall I do some work or watch that Simpsons DVD?).

You?re Over 30, Have A Wonderful Family?But Barely See Them For A Half Hour In The Day. You feel like all you do is go to work, come home, and then sit around, too tired to do anything fun with your family. Well without doubt I can tell you that with a successful home business you?ll have far more time and energy to enjoy with your partner, your children, your relatives and friends. And when you?re boss, you can set your own holidays. How cool would it be to turn up to your home office, find things smoother than smooth and call Bob up for a round of golf (of course if you don?t know Bob you can ask one of your own friends : ) The flipside here is that you might just end up spending too much time with your family, while you?re trying to work. When everyone knows you?ll be in the house all day, they?ll probably ask you to do all sorts of unimportant things, just because you?re available. It?s hard to say no, and before you know it, you?re doing the job of a


full-time ?housewife? instead of what you set out to do. Discipline is required, and if you feel you struggle with this then perhaps a home business isn?t for you after all.

The Commute, The Stress, The Overpriced Sandwiches?It?s All Too Much. There is a very wise old saying that goes something like this: ?No-one on their death-bed has ever reflected on their life and said?I wish I spent more time in the office!?

Offices are dreary environments, and terrible to work in ? travelling for hours there and back and spending a significant proportion of your wages to do it seems completely pointless (especially if you live in the middle of nowhere). If you could work from home, think of the time you?d save? and time is money, isn?t it? To make things worse, if you happen to work in some of the larger cities in the world such as London, the amount you spend on basics like food and drink can be shockingly high.

Isn?t it time you started earning more and spending less (both money and energy)? Once set-up, a home business affords you the enjoyment of working based around your time, schedule and requirements (with the only commute from the bedroom to the home office via kitchen).

You Want To Work Smarter And Benefit From Residual Income Streams. When you have a job, usually the pattern is that you work to accomplish a task and you get paid once. When you have a smart home business (such as creating and selling information products) you do the work once and then for years into the future you will receive payment for the very same work. That?s residual income and it?s one of the most powerful concepts you?ll ever take on board (congratulations ? this one tip alone is worth hundreds of dollars).

A home business can not only be highly enticing because of the advantages it offers by way of work-life-balance, but when you get it right it will pay many multiples of any job. That?s the trick to setting up a really successful home based business.

Home Income Streams That WORK. Pay close attention to this short paragraph. You?re about to discover multiple ways of creating powerful home income streams that are seductively residual. Here are some income streams that have worked very well for me - I?ll leave it to you to research into and profit from them.

As mentioned above, resale rights and information products are superb residual income generators. These days you can purchase premium products with rights for the price of an ice-cream ? and profit from it for years into the future.

Google Adsense has been established as a viable and highly profitable business model for the home business publisher. It?s an awesome way of setting up income streams that do not require you to sell a thing (and continue to make money from them long after forgetting about them).

Knowing the basics behind importing & exporting is another explosively profitable home business model. Once you find a profit source here, again, it will continue to deliver cash for you for years into the future.

A Call For Action. Now that you?re aware of the pros and cons of starting your very own home based business (and some highly powerful tips to nudge you towards early profits) you need to take action. The next five minutes are vital ? if you walk away and take no action you may never start on the most important and worthwhile journeys of your life. It?s totally up to you. Who knows, perhaps you?ll end up being the next new Work From Home Millionaire. -------------------------------------------------------------------- Finally, A Membership Site Dedicated To Setting Up Multiple Home Based Income Streams. Discover The Proven Residual Home Based Incomes That You Can Set Up & Profit From Within Minutes. Software, eBooks, Blueprints, Video Tutorials & Much More To Make Your First $1,000 Within 30 Days: http://www.instant-home-wealth.com
About the Author

Tuks Engineer has emerged as one of the leading experts in the resale rights & home based business fields. He manages 2 sites that run exclusively to help people make a lot of money online. Visit his sites here: www.instant-home-wealth.com www.digital-resale-rights.com

 

 

 

Content Menu
  • 10 reasons to start a home business

  • 10 things you will like about a home based business

  • 18 caveats on how not to change

  • 5 common free agent myths

  • achievers interview with david showalter

  • adam smith the real life grinch who stole christmas and won

  • advance your nursing career work as an independent nurse contractor

  • all aboardeveryone going global

  • alternative retirement income options in 2005

  • and you can quote me

  • an honest look at your business

  • audio marketing comes of age educate first and sales will follow

  • avoid the three biggest financial pitfalls

  • a hitchhikers guide to the internet

  • balancing your priorities with your search for at home work

  • basics about writing a business plan

  • beginners guide to blogging

  • being other focused

  • benefits of using freelance consultants trainers for your projects

  • ben franklin didnt quite get it right

  • ben franklin didn t quite get it right

  • beyond budgeting a new approach to annual budgets

  • be a pest make money

  • biweekly mortgage

  • blogging for business

  • blogosphere networking

  • book summary nice girls dont get the corner office 101

  • bridging the gap dont forget your core customers

  • bridging the gap don t forget your core customers

  • building better teams through executive coaching

  • business like image

  • business planning myopia

  • business plan basics

  • can nurses be entrepreneurs

  • career management in a jobless economy

  • change or reinforce

  • christian business opportunities bring relief to your daily routine

  • coaching generation x

  • computer business opportunity provide huge profit potential

  • could a roth ira be better than a 401 k

  • creative strategies for brainstorming for business success

  • crm

  • dance on your brain tonight for a better tomorrow

  • decisions how close are you to a 100 strike rate

  • dej… vu all over again and again

  • dont fall for email scams

  • downtown san diego condo market is ideal for investors

  • do you have the global entrepreneurial spirit

  • entrepreneur runs list sales company from office in his home

  • eq at the office

  • executive coaching and the american president

  • factors to make or break your home business and home business residual income streams that work

  • filling the data leaks the importance of digital asset protection

  • finding the purpose in online networking groups

  • five questions to ask yourself before launching a new business

  • five questions to ask yourself before starting a new business

  • forex trading

  • freelancers your job away from job

  • fun with credit cards

  • going against the conventional investment wisdom

  • going mobile part 1 wireless phone service for your home business

  • going mobile part 2 how to get in on the wireless revolution without credit checks or 2 year commitments

  • going mobile part 3 finding the perfect wireless phone

  • good first impressions count when you mean business

  • good news in our brave new world

  • google slavery old habits die hard

  • hey that was my idea corporate games for a rainy day

  • home business

  • home business solutions 60 minute money

  • how corporations can use real estate to access untapped capital

  • how to get a visa mastercard with no credit check

  • how to get that promotion

  • how to increase your chance of promotion at work

  • how to make money working from home

  • how to share your home office with a sick child

  • how to use an hr consultant

  • how to use emotion in stock trading

  • how your new years eve bash can grow your career

  • important considerations when setting up a profitable home business and a handful of work from home income streams that are quick simple to set up

  • independent rn contractors are taking the nursing profession

  • index

  • innovative entrepreneur ideas

  • investors look for the real estate sweet spots

  • is it boys vs girls on the internet

  • is there any money left in currency trading

  • is the medicalcare system still a disaster in us

  • its high time for lifetime savings accounts

  • know your career goals

  • leadership by persuasion four steps to success

  • learn the art of dynamic leadership

  • life is short love what you do do what you love

  • looking for a change

  • madeline hill senior community pioneer

  • maintaining your motivation

  • make or break home business tips and home based residual incomes that work

  • make your career offshore proof

  • managing project risks part 1 dont be snared by these 6 common traps

  • managing the human resource project

  • marketing your home business in just 30 minutes a week

  • mlm success training why some people become wealthy in network marketing and others dont

  • my identity crisis

  • narcissism in the boardroom

  • narcissism in the boardroom part ii

  • new mobile applications shock market part 1 of 2

  • new years resolutions for your home business

  • new year s resolutions for your home business

  • nine sure fire ways to boost your career

  • no plan no cash back to square one

  • office politics

  • offshore investing leveraging overseas trading

  • oil demand and the effects on the global stock market

  • organizational political savvy

  • paid surveys and focus groups maximize your online income with these tips

  • political selling 101

  • preparing for change during international expansion

  • present like a pro ten ways to wow your audience

  • print and modern thought

  • problogging making money from blogs

  • professional relationship blueprints

  • profiles of the powerful advertising exec steve grasse

  • qualities of a winner

  • reloading the matrix with jada mrs smith that is

  • remember its the world wide web

  • retire debt free

  • rocket investing stock market research advice

  • roi on the 8 step coaching model

  • rotator

  • sales force of the future its not about selling

  • self publishing at the speed of thought

  • sell you with your small talk yes you can

  • several red flags for spotting a phony or scam

  • six of one half a dozen of the other

  • speak with es part 1

  • speak with e s part 1

  • sports betting as an alternative investment

  • succeed the natural way

  • succession planning not on my watch

  • success in the import export business

  • surviving corporate politics

  • surviving corporate politics part 2 keeping up appearances

  • surviving corporate politics part 3

  • talk the talk

  • tax reform my way

  • ten fatal flaws frequently found from the podium

  • theodore roosevelt the original rough rider

  • the advantages of having a home business

  • the benefits of using freelance consultants trainers for your next project

  • the biggest oil opportunity in the world and how you can profit from it

  • the business meeting

  • the fabric of economic trust

  • the fairness of office politics integrity and political motivation

  • the macedonian lottery

  • the musketeer approach

  • the perfect project manager

  • the real story of the little engine that could

  • the sickly state of public hospitals

  • the top 10 brainstorming techniques for business success

  • the top 10 strategies for moving into action and for getting bottom line results

  • the ultimate career builder

  • the wages of science

  • the wages of science part ii

  • think outside the box home business ideas

  • three common deadly mistakes made in job interviews

  • throw out the lifeline

  • time to think outside the box

  • tired of jumping jobs

  • top 10 ways to handle problem co workers

  • top ten brainstorming techniques for business success

  • to get free publicity think local

  • to grow out of unemployment

  • triple the response of your ales letters by harnessing the mysterious power of mind reading

  • trust in a digital economy

  • uncovering soul in the workplace

  • wearing your politics on your sleeve

  • what if peter drucker were your ceo

  • what shes got five essential traits of web wonder women

  • what work at home moms can learn by watching the apprentice

  • when politics prevent innovation

  • when the levee breaks a selfish look at the financial effects of katrina and how many more fuel increases we can take

  • whose goals are they

  • why demo fx account performance is often better than real account performance

  • why dont they just get it done 7 performance tactics for ceos

  • why is it more profitable for an indian to take up work at home business

  • why the internet is an entrepreneurs dream

  • why would anyone hold a bad meeting

  • why would anyone want to hold a bad meeting

  • winning the credit game

  • work from home office policies

  • worse than tsunami trade protectionism hurts third world citizens

  • youre the boss