Why Start A Home Based Business

Why should you do a home-based business

First of all, the main reason for starting your home-based business is to take total control of your life.

You can do what is called a brick-and-mortar type business. However, you need to find a location for it, pay rent, utilities, phone, insurance, hire and fire employees, deal with local regulations, provide employee benefits, and the list goes on. In addition, you have to be consistent with your business hours or else you'll lose customers. I've known people who have this kind of business and within 5 years, they shut it down because of the high overhead, the stress, and the headaches in running it. If you take vacations, you need to have someone run the business. At the end of a period, you also need to deal with generating financial statements, in which, you need to hire a certified public accountant.

In the case of working a job, like most people do including me, whether it's full time or part time, you work under their terms, not yours. When working for someone else, you help them get promoted or get rich. One screw up determines your fate.

Many people like me dread waking up in the morning and have to go to work. That may include commuting for about an hour or two back and forth to your job. You may run into rush-hour traffic and may need to find parking when you get there. Isn't that terrible that you have to go through that just to make it through life? Giving yourself 20-40 years of your life with undying loyalty to work for someone and then just before you approach retirement age, you get laid off? How about doing a terrific job on a project and one day your time comes for a promotion and you don't make the cut. Or you went through several interviews and didn't get selected for a job that you might spend a good portion of your life. Is that what you want to go through? Leave your kids behind to go to work?

Anyone can do a home based business if they have the right attitude for it. As far as experience is concerned? I don't know. I believe it goes with the character and temperament of each person.

I'm sold in the business model used by the company I work with. It's a better model than what most businesses use and it's more convenient for the business owner.

In this business, give it about 4 consistent years and you'll make more than twice your boss.

I'm gonna borrow a phrase from Kim Klaver. Do you want to make the change or stay the way you are?

I encourage you to make the change. If you're currently employed, do your due diligence. There are tools that allow you to start your own business. There are also teams that can help you get your business going. However, the call is still yours...whether you want to make the change or stay the way you are.

One thing I would recommend to you is before you go into any venture, make sure you pick up a copy of Magnetic Sponsoring. This book tells you the realities that you will face when you do any home-based business, but it will better prepare you on how you will execute your business. In any business, you need to come up with leads. You can purchase telephone-verified opt-in leads (between $4-$5 per lead) or generate your own leads. You do it the first way, you may wind up going broke. This book will help you get started in generating your own leads practically for almost nothing. In addition, it will help you gather all the pieces in helping you become a leader.

It doesn't matter if you work with me or you work with someone else. The bottom line is you have a grip on what you're doing with your home business gig.

Otherwise, you'll remain in the dark on how the home-based business industry work. Do yourself a favor. If you're tired of the 9-6 rat race, the 4-hour commute, and uncertainty in your job, I encourage you to start a home-based business and pick up a copy of Magnetic Sponsoring. You won't regret it.