Tips for
Starting
a Home Business or
Work-at-Home Program
Watch this video or read the tips below if you are considering
starting a home business or any other work-at-home program.
1. Know what type of income is best for you right now.
Do you need linear income, residual income, or both?
This
is critical because until you know what type of income you need at this
time in your life, you won't know what programs to look at and which
ones will be a waste of your time. Everyone - at some point in life -
needs both types of income, but this comparison will help you decide
which type is best for you today...
Linear Income
Do you want to be paid one time for the hours you
work? Are you looking to earn a set rate of pay like you do on a job? If so, you're looking for linear income.
The advantage of this type of income is that it's available
immediately, as soon as you start working. Of course, with that comes
the disadvantage--it stops when you stop.Linear income always contains a "limiting" factor, which means you will rarely, if ever, be paid what you're worth.
Residual Income
Do you want to be paid over and over
for the hours you work instead of just one time? Would you like to
create a stream of income that pays you much like the royalties that
songwriters and authors earn? If so, you're looking for residual income. A
disadvantage of residual income is that you might not make much in the
beginning (this depends on the program). But the good part is that once
the money starts to flow, you can move to being overpaid for your efforts, which means you benefit from the law of diminished effort. There is no cap on this type of income.
I've been earning weekly residual
income checks for over 14 years for work I did when my children were
younger, so I know this works. You do, however, have to find a
reputable company that pays well and has long-term stability.
2. Remember
that COST doesn't always = SCAM.
Just because a program costs money doesn't mean that it's
dishonest or not reputable. (Read my warning below about scams.)
There are always exceptions, but for the most part, here's a pretty safe rule to go by...
JOB = linear income = free
BUSINESS = residual income = costs
But can you believe this?
You'd be surprised at the number of moms I talk to that want a six-figure
income for nothing! They say, "Christina, I really want to earn $1000/week or more, but I can't do anything that costs money. It has to be free."
(Hmmm...What if doctors and lawyers felt that way?)
Well, here are the cold, hard facts...
Nothing of value in life comes easy.
If you want to earn $1000/week or more
(yes, that's doable with the right program), you've got to start
thinking beyond a JOB. You can't expect something for nothing--that's a
lottery mindset! You MUST be willing to work hard and invest in yourself and your future.
And now, here's my WARNING...
Any person, company, or program that asks you to pay for exclusive information is
usually a waste of time and money. In most cases, the internet and
your local library will provide you with all the information you need
on the subject of starting a home business or working at home.
Every
day hundreds of dollars are spent online by moms who are searching for
a home business or work-at-home program. In desperation, they end up
buying the promise of secret information, private job listings, online directories, or
lists of employers (usually outdated) that are standing by ready to hire you.
My friend, please don't let this happen to you!
If you're don't know whether a company is legitimate or not, you'll want to learn more about scams.
I hope this information has been helpful. If you'd like my input on a particular program you're checking out, feel free to contact me.