Make money working from the comfort of your own home! Part 1
By Bill Fletcher
I get a lot of questions on “Making Money Working At Home”. There are so many variations 
on subject that tons of books have been written. Go to any books store or Amazon and look at the available books on “Making Money At Home”, and you will find many books from noted experts.
You can buy these “so called” guides for $10, $15, $25 and up. All are basically the same information.
I broke this subject down into two parts. While I don’t go into great depth I will give you basic information in short paragraphs easy to read and do. The object is to give you the basic ideal of how to make money either from your home business, network marketing, MLM or affiliate business.
The ideas are all the same with a slight variations to the type of business your are developing.
Let’s begin “Make money working from the comfort of your own home! Part 1″
Working at home is a fond dream
How many times have you heard that phrase, pitch, advertisement, or whatever? Lots, I’m sure. It is used so much because marketers know that staying home and making money is the fondest dream of millions of people.
And why not? Did you know that the majority of fatal heart attacks happen at 9 a.m. Monday morning? It’s true. It seems a lot of people would rather die than get back to the old grind after a weekend of freedom.
So when someone offers an opportunity or plan for you to take your job and shove it, yet still make enough money to live and pay all your bills, it sounds blissfully irresistible.
Can you get rich working out of your home?
Of course, bliss and reality are always two different things. Is it really possible to run a business from your own home that is more than a hobby or source of part-time income? Can you get rich working out of your own home? Can you really trade your cubical and necktie for blue jeans and the comfort of your own den?
Well, for your information, home-based businesses are one of the fastest growing kinds of enterprises in America today. As this is being written, some 40 million Americans are doing at least some form of work out of their homes, and the numbers are rising rapidly. According to the U.S. Department of Labor, as many as 75+ million people will be working out of their homes by the year 2015. Government studies have indicated that as much as 75% of all work done in this country could eventually be moved home.
Not exactly getting rich?
The overwhelming majority of home workers, however, are not exactly getting rich.
- The average work-at-home American earns less than $15,000 per year.
- The failure rate of a home based business is high because of lack of coaching.
The %15,000 may not be bad as a supplement to a spouse’s full-time income, but let’s face it, fifteen grand in and of itself is not much better than poverty.
As master marketer and author Dr. Jeffrey Lant said: “Frankly, I never saw any benefit to staying home and being poor.” Lant, without so much as a business card, became a work-at-home millionaire, and is a perfect example of what truly can be achieved if you are serious about chucking your day job, staying home, and not settling for peanuts in exchange for your freedom. You can have it all — you can stay home and make as much — and more — money than your current job provides you.
5 key rules on how to work at home and make money
In this report, we are going to outline and discuss five key rules on how to work at home and make big bucks, no matter where you live. After these five rules, we’ll talk about the most important aspect of any business, whether it be home-based or a giant factory — cash flow.
Starting your own business out of your home is all about attitude and inspiration, but all the attitude in the world won’t help you without money!
Let’s discuss each of these 5 different rules and apply them to your business or to your future business if you are looking as starting a home based business.
1. It Takes Commitment
Is it any secret in America that most people detest their jobs? Study after study proves that most people simply dread going to work Monday morning, and they live for the freedom of the weekend. But even that freedom is not pure because we know that it is only temporary. It’s hard to enjoy a Sunday evening when the Monday morning alarm clock is just a few hours away.
It makes sense that people hate their jobs. Everyday, there is a lot of butt kissing that needs to be done. There are endless meetings which usually accomplish nothing. There are pointless interruptions, a lot of drifting this way and that, and lot of idiot supervisors who do nothing but waste your time and then dog you for not accomplishing your share of work. There are co-workers you dislike and those who would stab you in the back in a minute if it meant a raise for them instead of you.
….Real example, a good friend was in line for a promotion and raise with the company he works for. One of his co-workers also wanted the job. The co-worker told my friend he had already gotten the promotion when in fact he did not. Disappointed, my friend confronted his boss and ask, why he was not promoted? This drew attention to “office strife” and neither got promoted.
Working for someone else
Here’s something you may not have realized: Did you know that your employer dictates where you live, the car you drive, where you go on vacations, the type of home you live in and will tell you what you eat the school you send your kids to and the clothes you wear?
Did you know that? They don’t tell you in so many words but in the pay you receive for the type of work you do. The car you drive is based upon your pay check. The home you live in is based upon the pay check and the vacation is based upon how much you can spend to take that vacation.
When you work for someone else, you live a regimented life. Your body may not want to get up at 7 a.m., but you have to be at work by 8 a.m. so you lurch out of bed with a head full of sleep.
People who choose to work at home are doing more than just escaping the yoke of their master; they have made a deep, firm, life-altering decision which says that health, happiness and prosperity depend vitally on the freedom to work for ourselves, and in doing so in the comfort of the home.
We want to really emphasize that fact that to be successful in a work-at-home situation, you have to be nothing less than a fanatic; a zealot, who is utterly committed to making work-at-home not only a successful venture, but a profound commitment for life. You must be convinced that a return to an outside office job would be the equivalent of a spiritual death sentence.
Many people hate their office jobs, but they have made an inner compromise with themselves. They have convinced themselves that their job is “not so bad,” pays the bills, and that they can stick out because they have to.
If you want to be truly successful at quitting your day job, there cannot be any room for such compromises in your soul. You have to take the attitude that to work any longer at your hateful job is akin to fouling your inner being with a spiritual cancer the will sicken and kill you.
Having said all that, don’t make the mistake of quitting your day job to start a home based business just for the sake of quitting your job. Many millionaires today started part-time until they had enough money and confidence to quit the job and go full-time in their new business. Unless you have money set aside for 6 months of no income, my advice is to stay at your job until you have the money to quit.
My personal rule of thumb in coaching people who want to start a business is to build the business that equals 3 times you day job. Why? Most will build the business to equal the day job income and quit. Now that is okay if you can do it. But here is the question: “can you afford to cut your income in half?”
Why in half? Let’s say you make an annually income of $30,000. You build a work at home business to $30,000. Equal income or you are now a $60,000 income earner. You are living like a $60,000 income earner. You quit your job and now you are making $30,000 once again. Tough.
Why 3 times? Same example: This time you are making $90.000 income and you quit your job. You income is now $60,000 or only 1/3 less not half. Not such a big cut and you still doubled your day job income.
Good rule of thumb. But everyone is different and the job may be different. Use your judgment.
This ends Part 1 of Make money working from the comfort of your own home!
In Part 2 I will discuss: Eliminating The Home Office Mentality, Your International Headquarters, The Computer, Your Business Hours and Summery
Check out Part 2 by… CLICKING HERE
Thanks
