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The "Right" Home Based Business
What do you have to do to find the "right" business for you?
Once you start your research... it can become a little overwhelming! I know I was when I first looked at this aspect!
Look - the reality is that you need to get some basic principles down - and then investigate and use good old fashioned common sense!
The sorts of principles I used were as follows:
- There are people out there who are making a lot more money than I do and seem to have a much nicer life - and although I'm not Einstein... I figure that they must know something I don't - and I need to find out what that is.
- Investigate... then investigate again :) Get a feel for what your options are, how viable or desirable those options are for YOUR circumstances and resources.
My experience on this was that there are some real scams and dodgy "businesses" on offer out there - and essentially - they weren't too hard to pick out. They were just totally ridiculous (if you used your common sense!) or totally unethical and/or not real businesses at all. Just someone hoping to make a quick buck - and vanish. If these types of schemes appeal to you - then possibly you are not really commited to finding a real alternative, a real business that will last - rather you are looking to get rich quick without effort or any inputs. A lottery ticket is a safer bet for you!
I also found quite a number of business opportunities that required major capital (and I mean MAJOR!) and major financial inputs over probably quite a few years - just to stay afloat. I personally could not afford to operate a negative cashflow business for 6 months - let alone a number of years! It just wasn't what I could do - and unless I could do that - those businesses would never survive. Not what I was looking for...
I found that this all narrowed down the field quite considerably..in fact I was starting to wonder if I would ever find what I was looking for... but I ploughed on. I also learnt a few more things:
- My business needed to be based on real products or services that there was a PROVEN market for. I also had to like and feel good about them. I wanted to enjoy and be proud of what I did.
- Those products/services needed to be something that required repeat business, customer longevity, and be something that was at the earlier stages of its market growth.
In other words - I wanted good products/services that the market had already demonstrated it wanted - and was actually in a GROWTH phase. I was not interested in getting into an industry that was well over its hay day. I was building for the future!
- I wanted something I could grow and develop into. Something I could start with the resources I had (a little time, a little money, and a lot of ambition!). Something that would allow me to develop a business income around my existing obligations to start with - but which would allow me to buy back my life in chunks over time.
I was a high school teacher and a single mum - I couldn't just suddenly overnight stop my job and expect my new business to be able to generate profits that would allow my world to keep turning and have a great life. I was realistic enough to know that it had taken me many many years of school and university and work experience to earn my current teaching salary.
If I wanted to earn a lot more from a business - I understood it would not come about overnight. It was going to take some time and some learning of new skills.
In my view - the fact that I was able to quit my teaching job after 2 years into my business, and that I now earn my yearly teaching salary about every 6 weeks (!!!) is not in fact too bad a time frame to have totally redesigned my life, income and choices. I AM one of those genuine success stories you sometimes wonder about whether they are real or not. I'm REAL - and as proud as can be of what I have achieved and what I have created.
But the reality is that less than 5 years ago - I was maybe just like you. Unhappy, confused and wanting to find a better way to live my life and be captain of my own ship.
These days - I spend much of my time helping other people to bring their dreams to fruition. That, believe it or not, is actually an even bigger source of pride and satisfaction to me than my own personal success. I talk with a lot of people who are somewhere down that same road I've been on... and remember so well.
I also feel great that now I am able to bring my experience and knowledge to the table to help other people achieve their business and life goals and dreams. Its pretty special to be able to give back to other people - when I have received so much.
Kim Bassett runs an international internet based home business from Queensland, Australia. She has guided hundreds of home business entrepreneurs all around the world to success. For further information please visit her web site.
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