Is A Home-Based Business In Your Future?
Today more and more people have taken a look at a home-based business as their primary business. It's people disillusioned with the corporate world, baby boomers who don't want to or can't afford to retire, housewives in need of extra family income, as well a the unemployed who cannot find anything other than working as McDonald clerks or Wal-Mart greeters. And people are looking at their home-based business as their primary business and not just the multi-level marketing that is usually done off the kitchen table.
Everybody talks about some of the extremely successful entrepreneurs who got their start in garages or basements, i.e. Bill Gates & Paul Allen (Microsoft), Ted Waitt & Mike Hammond (Gateway), Larry Page & Sergio Brin ( Google), Pierre Omidyar (eBay), Michael Dell (Dell Computers) and Jerry Yang & David Filo (Yahoo). These entrepreneurs eventually moved away from their garages and into the corporate world where they operate billion dollar empires.
Today's entrepreneurs who are starting businesses out of their homes are usually staying there, even as their businesses are taking off.
The latest U.S. Census statistics on non-employer firms, defined to include home-based businesses and those run by one or more individuals, show that the number of self-employed reached 20.4 million in 2005, an increase of 4.4 percent from the previous year. According to NASE home-based businesses constitute 53 percent of all small businesses in the United States.
The declining economy is bound to drive even more frustrated people into home-based businesses over the next few years. The majority of Americans believe we are heading into a period of recession. Traditionally, during a recession, more people turn to self-employment because traditional jobs are difficult to come by.
It is common today for young people, raised on computers and the Internet, to want to avoid working for somebody else. Instead they are creating opportunities for themselves outside of the traditional workplace.
So, if 2008 is the year you're planning to finally break free of the office and start your own home-based business, may it be a consulting business, online retail, eBay business, information marketing or any other plans you may have, you would be well advised not to rush into your dream. Take your time to learn some of the basics about the business model that you want to follow. Don't quit your day job and start your home-based business the next day.
Fortunately, Called To Be Free LLC has a program designed just for you that allows you to do exactly that, while gradually building to a residual income that will continue to increase while you are learning your new home-based business.
For more information, visit
Everybody talks about some of the extremely successful entrepreneurs who got their start in garages or basements, i.e. Bill Gates & Paul Allen (Microsoft), Ted Waitt & Mike Hammond (Gateway), Larry Page & Sergio Brin ( Google), Pierre Omidyar (eBay), Michael Dell (Dell Computers) and Jerry Yang & David Filo (Yahoo). These entrepreneurs eventually moved away from their garages and into the corporate world where they operate billion dollar empires.
Today's entrepreneurs who are starting businesses out of their homes are usually staying there, even as their businesses are taking off.
The latest U.S. Census statistics on non-employer firms, defined to include home-based businesses and those run by one or more individuals, show that the number of self-employed reached 20.4 million in 2005, an increase of 4.4 percent from the previous year. According to NASE home-based businesses constitute 53 percent of all small businesses in the United States.
The declining economy is bound to drive even more frustrated people into home-based businesses over the next few years. The majority of Americans believe we are heading into a period of recession. Traditionally, during a recession, more people turn to self-employment because traditional jobs are difficult to come by.
It is common today for young people, raised on computers and the Internet, to want to avoid working for somebody else. Instead they are creating opportunities for themselves outside of the traditional workplace.
So, if 2008 is the year you're planning to finally break free of the office and start your own home-based business, may it be a consulting business, online retail, eBay business, information marketing or any other plans you may have, you would be well advised not to rush into your dream. Take your time to learn some of the basics about the business model that you want to follow. Don't quit your day job and start your home-based business the next day.
Fortunately, Called To Be Free LLC has a program designed just for you that allows you to do exactly that, while gradually building to a residual income that will continue to increase while you are learning your new home-based business.
For more information, visit
http://www.internetresidual.com.
Contents at a Glance
- What To Consider When Choosing Your Business, Part 1 Market Position
- What To Consider When Choosing YOUR Business, Part 3 Trends
- What To Consider When Choosing YOUR Business, Part 4 You Relying On S.S.I
What To Consider When Choosing Your Business, Part 1 Market Position
Concept No.1 - Market Position
When considering Home Business Opportunities, which do you think would be a better market to tap into typewriter sales, or personal computer sales? In this case it's obvious, typewriters are pretty much obsolete, but personal computers are in high demand. Therefore we know which of these markets is expanding and which one isn't. Even if you did make the right choice, you would still have to know how to effectively get your share of the business available. Just hanging a sign on your door saying "PC's sold here" wouldn't enable you to effectively take your share of the market.
So how do you position yourself in front of a "huge expanding market"?
First you need to identify the fastest growing industries. Some of the fastest growing industries on earth today are:
Travel - 7.3 Trillion Industry
Working From Home - $401 Billion Dollar Industry.
Internet Marketing - exceeds $523 Billion according to a study done by the ( McCombs School of Business ) and is expected to reach 7 Trillion within the next 3 years.
Mail Order Marketing - $350 Billion Dollar Industry and growing.
Wellness Industry - $200 Billion Dollar Industry and expected to reach $1 Trillion within 10 years.
Nutrition Industry - $4.2 Billion Dollar Industry and exploding.
Weight Control Industry - $33 Billion Dollar Industry fueled by epidemic size obesity levels. An estimated 70% of the U.S. population needs to lose 10 - 50 pounds.
Personal Care Industry - $72 Billion Dollar Industry.
Cosmetics Industry - $8 Billion Dollar Industry - and steadily growing.
Let's take a closer look at just one of those industries. In the early ninety's the Wall Street Journal estimated the total annual revenue from mail order marketing at between $55 and $65 billion dollars. Then the New York Times reported $140 billion a year. Then Direct Marketing Magazine reported $245 billion, and at the time this was written, the industry had grown to $350 billion, and it is expected to double in size in the next decade. If you had 1/3 of 1% of that market, you'd have over a billion dollars in sales. The Gartner Group estimates Internet business will triple in the next few years. Imagine owning a small piece of that!
Imagine positioning yourself in front of some of these industries listed, while working from home and utilizing the power of the Internet Marketing to build YOUR business with the help of Madiba Thompson with Called To Be Free LLC. Best of all - Madiba Thompson will plug you into the same exact training he uses and also train you to succeed in any one of the above industries. You cannot do better than joining forces Madiba Thompson and http://www.CalledToBeFreeLLC.com.
What To Consider When Choosing Your Business, Part 2 Market Consumable Product
Concept No. 2 - Market a Consumable product.
A consumable product is one that people use and replace regularly. What that amounts to, for the one providing the service or product, is repeat business. Repeat purchases and a daily cash flow. Just think about that for a minute - every time someone pays a membership, someone makes money. This is the ultimate Home Business Opportunity.
Every time you pick up the telephone, someone makes money. Every time you eat, turn on the water, start your car, use a bar of soap, or get a haircut, someone makes money. A great example of this is breakfast cereal; this is a huge consumable product. Kellogg's does over $6.94 billion dollars a year in sales! Imagine millions of $3 or $4 sales several times a month, year after year, after year.
The ideal home business is one that markets consumable products or services in such a way that after your initial effort is done; repeat orders, sales and commissions come to you for the rest of your life.
Any consumable product is not enough. It has to be in high demand. The ideal arrangement would be if a consumer could get the product or service through you. This concept will help you make a residual income forever. Make the right choice and your future is secured. Madiba Thompson with Called To Be Free LLC offers the best possible opportunities in Travel, and many other categories. Plus we provide the training required for success.
What To Consider When Choosing YOUR Business, Part 3 Trends
Concept No. 3 - Take advantage of Trends.
A "Market Trend" is really an economic movement, meaning that large masses of people's spending habits are moving in a uniform direction. History shows that those who identify these trends early, and are able to meet the needs of these trends, are able to create abundant wealth for themselves. Read this before you choose from your Home Business Opportunities.
In essence, they get in front of an economic wave and ride it to financial freedom! The key is timing. Get in front of the wave and take the ride of a lifetime; start too late and you're waiting for the next "Big Wave" to ride on. If you don't pay attention, you stand to miss out on a fortune. Called To Be Free LLC is doing the legwork for you so when you hook up with Madiba Thompson you will know the best Home Business Opportunities.
So how can we predict such trends today? The key is to know the wants and needs of large consumer groups. "Who are they?", and "what do they want?"
Current research shows, that what most people want out of life is feeding the current market trends:
Owning Their Own Business
Having Tax Advantages
Being Financially Independent
Being Healthy
Having A Rewarding Career
Owning Their Own Home
Looking & Feeling Younger
Improving Their Lifestyle
Losing Weight
Traveling
These are the wants and needs of some very large consumer groups. In fact, three very large trends are gathering momentum as you read this. They are so large that they can accurately be called "Mega-Trends". The combination of these Mega-Trends is causing one of the most explosive economic waves in history. It's this wave that will make YOUR Travel Club business the best.
Let's examine what's happening and why. The largest consumer group in recent history is called the "Baby Boomers". This segment of society was born between 1946 and 1964. Because of the large number of people identified as "Boomers", entire fortunes have been made by people who anticipated what these people wanted, and were able to satisfy those wants. As this group matures, they are literally creating the first Mega-Trend (TRAVEL) that our blueprint system will help you tap into.
What To Consider When Choosing YOUR Business, Part 4 You Relying On S.S.I
Are You Relying On Social Security
Let's Explore The History Of Fortunes Created By Baby Boomers Economic Mega-Trend:Food - 10,000 babies born a day that needed to be fed for 18 years. Gerber cashed in. Clothing - As they grew they needed to be clothed. Buster Brown got rich. Kinney Shoes cashed in. Education - Schools were built. Elementary Schools Boomed In the 60's. 784 new Universities were built. Real Estate - The 70's and 80's saw the largest housing market in history. Transportation - Little "boomers" needed a ride and Chrysler caught a wave with the mini van.
In the 90's the "Boomers" start turning 50 at a rate of 10,000 per day and major trends developed:
They are concerned about their health
Worried about retirement
They want to be healthier, look and feel younger
Any product that can genuinely help, that is consumable, is a highly prized item for Home Business Opportunities. This is what is fueling the worldwide trend toward wholesome, natural prevention, healing, weight control, and natural supplementation.
Just look at the articles in magazines at the checkout counters and you'll see what I mean. You can't help but see articles on such issues, and if you watch TV, you know how many commercials are trying to address these Mega-Trend demands. Travel is bigger than all of that together.
In recent years the mindset has shifted from using medications, toward natural approaches to good health. If we look at the fact that 70% of deaths worldwide are a result of stroke, heart disease, or cancer, and 50% of those are diet related, it's no wonder the "Wellness" industry is producing revenues in excess of $200 billion dollars per year. The desire to look younger and better is also fueling the $72 billion dollar a year personal care industry.
Another health issue today is people's weight. The Surgeon General of the United States reported that obesity has reached epidemic proportions.
Nearly half of the population is clinically obese and some estimates have stated that 80% of the population wants to lose five pounds or more. In fact, obesity and related conditions are the second leading cause of death in the U.S. today, and the fastest growing segment of the overweight population is teenagers. This explains why the weight loss industry is doing over $33 billion dollars per year.
This means a massive economic wave is being fed by the aging Baby Boomers looking for natural, nutritional supplements as an approach to good health and weight control as well as the use of anti-aging types of personal care products creating Mega-Trend No. 2 only to be outdone by TRAVEL.
What To Consider When Choosing YOUR Business, Part 5 Succes Leaves Clues
Success Leaves Clues
Home Based Opportunities.The dawn of a new millennium found us in the middle of another wave, the "Work From Home" trend which many believe is in it's infancy at $401 billion dollars per year. People want to take control of their lives, time and financial future. A statistical fact indicates that most heart attacks occur on Monday morning. Does this mean some people would rather die than go to work? At this time, an estimated 14 million people work from home full time, and 13 million work from home part time in the U.S. alone. This number is increasing by almost 600,000 per year, and the average home-based business income is an estimated $50,000 per year, almost double the average income of an American employee! This trend is moving so fast, it is estimated by Home Incorporated magazine that 8,493 new home businesses are started every day.
That's one every ten seconds!
What To Consider When Choosing YOUR Business, Part 6 Mega-Trends
Don't Fall Asleep On This Like Google
The final Mega-Trend, Internet Marketing, is projected to have a greater impact on the world than the Industrial Revolution. You can't watch TV, listen to the radio, read a newspaper, or even drive your car without being exposed to "Visit our website at Take Advantage Of The Trends now that's a significant trend, and with our system, you can capitalize on this even if you don't own a personal computer. Call this number if that's the case 1-800-296-3498 this will inform you then leave a message if this makes common sense to you it's kind of an IQ test just kidding.
Now that we've explored the Mega-Trends, it's obvious why these industries we mentioned in Concept No. 1 are growing so fast. All these industries are built on "Consumables" creating repeat business, Concept No. 2. In our next Madiba Thompson post we will take a look at the third and most essential concept.
What To Consider When Choosing YOUR Business, Part 7 What's Leverage
The Power of Leverage
Leverage allows us, as entrepreneurs, to build a successful business, part time, around our busy lifestyle. In essence, leveraging our time allows us to get more done in a shorter period of time with less effort. This concept applied in business means you can accomplish more than you could normally accomplish on your own. An example of this is a business owner who employs 100 people, leveraging his time 100 times. This means he can produce 100 times more than he could by himself. He also gets paid on the efforts of 100 employees. The problem with this is the arrangement does not allow for the employee to reap the benefits of leverage, and therefore they are not as productive as the business owner.
Another way to apply income generating leverage is through the use of technology. This allows one person to accomplish more than they could alone through the use of:
Computers
Websites
Voicemail
Videos
Audio Cassettes
CD ROMs
When effectively incorporated into a home-based business, these tools can multiply leverage thousands of times. That means in the right system, technology can do the work of thousands of people, and you get paid on that work! Imagine developing a business part-time that wouldn't interrupt your present circumstances, and provides you a flow of income while you spend time with your family, travel, go to the beach, or even sleep!
That's the power of leverage. Use leverage in your Home Business Opportunity.
What To Consider When Choosing YOUR Business, Part 8 Power Of Team
Teamwork Makes The Dreamwork
Leverage is absolutely critical for a successful home-based business in the beginning, and to enjoy a long lasting lifestyle. Your lifestyle is probably very fast paced and hectic already. Without proper leverage, you would have to be superhuman, or quit your current job to build a business, and I'm sure you'll agree that would be a bad move. You should first build your business to a level of financial strength, and then possibly consider leaving your current job.
We put a great deal of effort into building our home-based businesses, but our system allows us to accomplish so much more for our efforts in a very short period of time. After a few short years, we can choose to retire if we like because our income continues to grow. You can literally achieve a higher level of success in a few years, than most people do in an entire lifetime.
Now that's leverage.
The Key To Success In Anything You Do Is Proper Training
Don't mistake this step you will fail without proper training!
I'm going to right now give you FREE access to a website that has absolute content that will get YOU the proper skills necessary to build a home business the right way. This is not hype these are tried and proven strategies that are used and proven. Techniques that will really yield results which is exactly what you are looking for. RIGHT?You may have been in a home business or several and not had the kind of success that others do I have felt your pain and plenty of others do as well. What took me to a completely different level you will get here, take it for free but don't take it for granted because it is free. I am giving you this because I know what it will do for you. If you really want to get to a destination in life you must follow directions I know that I know that I know that it is the exact same when it comes to you having success in a home business this is the map so HERE IT IS
IF YOU WANT TO BE BLESSED BEYOND MEASURE CLICK THE PHOTO BELOW!!
When you plug into this event you will discover the core Million Dollar Success secrets Dani used to go from living out of her car to becoming a millionaire in 2 years. You will also learn and be able to apply the universal concepts, strategies, techniques and formulas that have changed the lives and financial status of tens of thousands of Dani Johnson students all over the world for years.
How To Evaluate A Home Business
Don't be confused any longer
This link is to a website by Tim Sales he is an advocate for Network Marketing professionals and this site along with my squidoo page will really help you clearly understand how to pick the right home business for you as well as clearly understanding why owning a home business makes so much since.
Jennifer Openshaw with Market Watch for Dow Jones said not having a home business is like throwing money out of the window because of the tax breaks you can get.
Click the link below that says Evaluating MLM Companies. Enjoy :-)
Jennifer Openshaw with Market Watch for Dow Jones said not having a home business is like throwing money out of the window because of the tax breaks you can get.
Click the link below that says Evaluating MLM Companies. Enjoy :-)
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- Evaluating MLM Companies - Want to know how to Pick an MLM Company? Visit www.firstclassmlm.com for important information about mlm opportunities.
How To Generate Free Leads For Any Home Business
It's really not hard
For a comprehensive understanding on how to truly generate free leads. This will help you be able to get you or your business all over the search engines in 1 day sometimes less then that. If you are real serious about wanting to learn how to http://www.Generate-Free-Leads.com then click the link you will be satisfied with learning exactly how to do this technique taking your business to a completely different level.
Dedicated To Your Success
Madiba Thompson
Helping you develop your business while living life...
This is the personal blog of Madiba Thompson I hope it blesses you as it has others.
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- Dee Grant Dee Grant Aug 21, 2009 @ 4:51 am
- Good stuff. Two thumbs up
by calledtobefree
Hello world. My name is Madiba Thompson I have been able to have success working from home, I know the most important way to success in anything in li... (more)
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