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Home Business – If You Can’t Find A Job, Create Your Own

With the economy the way it is today, its the perfect time for you to create your own job by setting up a home business. Few companies are hiring, but there are still ways to make money. Take advantage of the situation and work in the comfort of your own home. Use the information provided in this article to help you find a way to make an income. 

  • Find A Niche 

A niche is a defined portion of a market. It is a term more commonly used in relation to affiliate and internet marketing. For the purposes of this article, we are going to talk about a niche in general terms.When deciding what type of home business you want to start, you need to take inventory of your likes and dislikes. The reason behind this is, if you are going to embark on a home business, you have to know what you’re passionate about.Once you have decided on a niche, you need to work on cornering the specific portion of the market that interests you. 

  • Stick With What You Know Or Find Something New 

If you want to stick with your current career, start doing business from home. Provided of course, what you do for a living can be done from home. If you love what you do, your job is your niche.In 2008, the beginning of my working from home career, I started as a virtual legal assistant. For 12 years prior to that, I was a litigation legal assistant/paralegal. I started a job in a very laid back office where everyone worked pretty much remotely, with no set office hours. I eventually set up my computer system, so I could work practically full-time from home. 

  • Find Something New 

If it is not feasible to do what you do from home, find something that you can do. Think about your passions, talents and skills. Write them down and take some time to explore and research yourself. Once you have a grasp on your niche, research home business ideas. 

  • Write Up A Plan

 Research your niche and see what other home businesses are out there. Write out a detailed plan that includes all aspects of the start up tasks. Break down your plan into projects, then set goals to accomplish them. 

  • Dedicate The Necessary Time

 A business takes time. It doesn’t matter if it’s a brick and mortar business, or a home business. You will have to designate specific time slots to work on your business. You will have to work hard when you’re the boss. You can’t expect to be successful without a little elbow grease. 

  • Communicate With Potential Customers Or Clients 

Talk to your potential customers or clients. Find out what they need to make their lives easier. Then give them what they are looking for. You can do this in person, or on the internet. There are forums on almost every topic. Find out where your potential customers and clients hang out. Twitter and Facebook are other great resources. 

  • Keep Up With The Work

 Keep on top of your work load. Set short and long-term goals. Always keep in mind that even though you are the boss, the work still has to be done. 

  • Don’t Expect Large Profits Overnight

 Don’t expect that clients will be banging down your door, or you will make product or service sales overnight. It will take time for your home business to be known. You also have to consider trust issues. Before people do business with you, they have to trust you. 

  • Enjoy!

 Enjoy yourself! It may sound like running a home business is all work and no play but actually, this is not the case. Your own business gives you personal power and freedom, because you are in command of your destiny.You have to be dedicated to be successful. Once your home business is making you money, you will have the freedom to spend time with your family. You no longer have to miss important afternoon school plays. You can juggle your work around your life.Koralee Phillips-Er is a freelance writer and legal virtual assistant, who works out of her home. She maintains an informational website on everything you need to know about working from home writing and other home-based businesses.If you are looking for ways to make a living from the comfort of your own home please visit http://workfromhomewritinginfo.com

 
abefroman77 says

Looking at the statistics, at 32 I realized that I would never work for a company for 40+ years like my grandpa did.  I wanted some consistency in my life and to take control of my future.  Using a well respected franchise, I decided I was going to shift to self employment.  Even at a young age of 32 the only thing I regret is not doing that earlier. 

DBeavers says

When I started my home-based business, it was slow going.  I began on a limited basis while serving in uniform.  Once I left the military, I discovered I had plenty of unfilled time and too few customers.  Naturally, I made a lot of cold calls and worked all the warm leads I had, but with the poor local economy and no secondary income in the home, it was challenging.

But, 27 years later, I’m very thankful I made the transition decades ago.  I’m now reaping the rewards for having build my work-from-home business through all the up and down economic cycles, the slow down after 9/11, and the local hardships after two major hurricanes in consecutive years.

I don’t have to worry about layoffs, downsizing, corporate mergers, or bankruptcy.  I can only be fired by one client at a time.

And I’ve made my business somewhat recession-proof, by expanding the customer base both geographically as well as across several business and industry fields.  With a product base of 800K+ items, I’ll always have something for my customers, regardless of price range.

Starting may be the best option for many, as it allows time for part-time or temp work, to bring in some income while building a home-based business.  And working from home allows the individual to keep overhead at a minimum while building the business. 

Fortunately for me, my business still fits in one spare bedroom, so my overhead is very low.

A career in sales isn’t for everyone, and doesn’t always lend itself to a home office, but explore the options.  There are many sales people working from a home office that you might never expect. 

The risks for home-based work are far less than with a store front or rented office space, making it easier to fund out of the limited cash flow on start-up.  But, the rewards can be far out of proportion to costs, if you don’t have to pay rent, hire employees, or stock inventory.

And, with my own business, I don’t face a mandatory retirement age, as I might as an employee.  I do plan to retire, just not until my 97th birthday.  I enjoy my work and can work my business around my family priorities.

Consider the option of self-employment.  There may be a life-changing career out there that’s only a few feet from your bedroom.

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