Archive for 19. September 2008

Home business poll

The following survey was taken on 9-17-08 from http://articles.moneycentral.msn.com/Investing/Extra/TopHomeBusinesses.aspx

Home business poll

Below are the results as of today:
  1. Would you ever start a business at home and chuck the 9-to-5?
    1. Yes. And I can’t wait to get started.
      38%
    2. Yes. But I’ll quit only after the business gets going.
      40%
    3. Maybe. I am researching it now.
      19%
    4. No, it’s too risky.
      2%
    5. No, it’s too much hard work.
      0%
    6. No, I love my job.
      1%

24433 responses, not scientifically valid, results updated every minute.

 

The Msn Money website articles on Home-Based businesses are very interesting.  If you are truly interested in succeeding at having your own home-based business and escape from the 9-5 trap and reclaim your personal freedom that being self-employed does, then you need to spend some time and research the possibilities.

 

Keep in mind that whatever business you decide on, you must be passionate about the work you do or it will end up like a regular job which is, I’m guessing, what you want to get away from.  You must be willing to work hard to successfully build it.

 

My favorite business model is referral marketing, also known as network marketing or MLM (multi-level marketing).  I like this model because I can find business associates that I can help train and I can be paid for their efforts a well as mine, thus leveraging my time.  Of course it is very important that I train them well or I would have wasted my time and theirs.

 

Referral marketing has received a bad reputation because some business owners’ main goal was to just sign people up instead of helping them to succeed.  However, the main reason for so many failures is because many people bought into the idea that all they had to do was show up and within a month or two they would be millionaires. 

 

You should not blame the business model because of poor business practices of a few.  If you are willing to work hard for 3 to 9 months and when you find the business model that inspires you then by all means go for it.  There are a number of things that must be in place if you want the best odds of succeeding at your home business.  I will cover some of them tomorrow in my blog at http://BlogByGary.com.

 

Gary

 

 

 

 

 

 

 

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