Tuesday, May 18, 2010

Home, Sweet Home....Now Get To Work!

In this economy, it occurs to me that people are looking for ways to make more money. Also, there are a lot of stay-at-home moms that would like to help with the family's finances or just have a little extra money to do fun stuff.

This week, I'll be writing about ways one can go about starting a home based business. I'll also be telling you what we've done. Our family owns two successful home based businesses. One is a network marketing business that we just love. And the other is a traditional business that has evolved over five years into a store front business. We're very proud of the fact that my husband was able to quit his job selling cars (which he hated) and come to work full time in the business. And, even better, we didn't have to go into debt to do it.

I'll be telling you what we did and what other successful business owners have done.

In the meantime, here are some things to get you started thinking about your business.

First and seemingly the easiest, but usually not, is what do you want to do? I know a few people that are so "with it" they know exactly what they want to do and how to get it. Most of us, however, are just sitting around thinking "Hmmmm....I want to do something, but what?" That was me, honestly.

There are different types of home based businesses.
Some are service type businesses that require you to leave home to do the actual work and basically you're just officing out of the house. This might not be a good option for someone with small children and lack of child care.
Network marketing is a good choice for someone who likes people. If you are shy, quiet, and introverted, this might not be a good option for you. But, according to Donald Trump and Robert Kiyosaki, this is one of the least expensive ways to start a home based business and reap the most returns. Most network marketing companies require very little start up capital and someone who is ambitious and likes helping people can literally make millions.
Other types of businesses could include computer work, mail order, crafts, etc.

The list is endless for someone who is creative and ambitious. Sometimes, an idea just falls into your lap, which is what happened for us. I'll tell you how it happened tomorrow.

Meanwhile, here is a really good book. Why We Want You To Be Rich, by Donald Trump and Robert Kiyosaki.

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