Have you ever thought how much time you waste in the car on your daily commute to the office? Do you ever wish you could spend more time with your family? Have you ever thought about how nice it would be to work from the comfort of your own home? If you are like most, I suspect the answer is yes and working from home is easier than you think.
I have had the opportunity to work from home for a number of years. As a home business coach, I speak to many individuals who are seeking work from home opportunities. While many seek the ability to be their own boss, take advantage of the tax incentives, and work from home, there are a number of factors to consider when looking at home business opportunities. You can earn a part-time or even full-time income, but you must evaluate you options for owing a home business.
The first thing to consider is that there are two major type of work from home businesses. The first is considered a business opportunity, where you have ownership in your home business. The second is a work from home job, where you work for someone else. It is important to know the difference when you are evaluating your options.
A home business opportunity is a business that you own. You generally make a financial investment, and you are responsible for the success of your organization. Most opportunities are with an MLM or network marketing company, which allow you to partner with a larger and more established company to start your business. There are many benefits in starting this type of business, such as a comprehensive business development plan and an unlimited earning potential. Additionally, MLMs allow a business owner to earn residual income over a extended period of time based on the efforts of many teammates. This is like having many employees without any of the hassles and liabilities.
When considering a home business opportunity, take a good look at the company, the reputation, and the products. Costs to become a distributor can range from about $35 to several thousand. The cost of the opportunity is not as important as the support you will receive, and the value of the opportunity. Additionally, you will want to evaluate the team support, as well as your monthly commitments. Many companies will have a very low start-up, but require you purchase several hundred dollars of product every month. Other companies will require that you warehouse inventory; something I generally advise clients to think about before making a commitment. I have heard many stories of people who quit their business and have a garage full on inventory. There are thousands of opportunities to choose from, and I suggest you seek the support of a mentor or coach who can help educate you on the industry.
Work from home jobs are very different, in that you will be employed to work for another business. While some larger companies have some work from home positions, many work from home jobs are freelance: such as writers, virtual assistants, editors, and even telemarketers. A number of positions will allow you to work your own schedule, and be paid per hour or project. While some of these positions will pay well ($10-50 per hour), you will generally be trading your time for income and if you do not work, you will not be paid. Additionally, as a contract employee you may find yourself without income between projects.
Regardless of your decision, the most important thing to know is that you must treat your home business like a business. You need to be a self-starter, and maintain motivation. There are many distractions at home, such as the TV, household chores, kids, and other hobbies. It is very easy to be distracted, and find something else to do when you should be working. I often tell clients that starting your work from home business is like going to college for the first time. You can choose to go to class or not, no one is going to call mom if you don’t. However, if you miss class you will not succeed in college. If you do not put the work into your business, you will fail and there will be no boss to hold you accountable. The rewards are huge if you put in your time, and success can be had with just a 30 second commute around your already busy schedule… the choice is yours. Are you ready to work from home?
Jeramy Colvin is an Attraction Marketing expert who helps entrepreneurs dominate online marketing with personal branding. You can get more great tips, insights, and suggestions by visiting his blog site. If you would like to learn how set up your own personally branded system, please visit Conquer Internet Marketing.
categories: work from home business,work from home opportunities,work from home,jobs from home,Home business,MLM,Network Marketing,work from home,Home Business,MLM
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Colvin, Jeramy "Why Not Work From Home?." Why Not Work From Home?. 14 Jun. 2010. uberarticles.com. 24 Jul 2014 <http://uberarticles.com/business/mlm/how-to-work-from-home-2/>.
APA Style Citation:
Colvin, J (2010, June 14). Why Not Work From Home?. Retrieved July 24, 2014, from http://uberarticles.com/business/mlm/how-to-work-from-home-2/
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