Home Based Business Seekers Are On The Right Path In years past, starting a home based business was little more than formalizing a hobby. For many, it would become a limited source of some supplemental income for an individual or a family, but few expected to get rich or even fully satisfy all of a family’s financial needs. During the decade of the 90′s, seventy percent of new home based business seekers cited “having more control over their lives” as an important reason to start a home business. This would seem to indicate that, at this time, more people were beginning to view home based business as a potentially significant source of income. Fortunately, the reservoir of home based businesses ideas has never been larger. Home Based Online Business Opportunities are leading the way!The New EconomyThe global economy has been reshaping itself over the past 40 years as the United States dominance in manufacturing output and world trade has waned. With the growing economic fortune of other countries, millions of solid, good paying jobs (even complete industries) that enabled millions of Americans to enjoy comfortable lifestyles have vanished. So far, there are no signs that these jobs will be replaced. The financial outlook for a startling number of “Middle Class Americans” has turned bleak! Many have either lost employment or are worried about their ability to keep their jobs. Those who already had productive home based businesses are fortunate if their business profits somewhat cushioned the loss of salaries or wages. The overall outlook is not likely to improve in the foreseeable future so we will have to adapt to the new economic landscape. Becoming a home based business seeker can help.Change Your MindsetRecognizing that because of the New Economy in America, the lifestyle of you and your family may be in serious jeopardy, you must start considering what actions you can and will take to sustain your lifestyle.If you currently have a job, consider yourself fortunate and strive to be a most valuable employee. In fact, become the perpetual “employee of the year” and always be in position to be promoted. Simultaneously, as you manage your work career, begin establishing additional income streams from the creation of home based businesses. If you are married or have a partner willing to work as a team, it will enhance your experience and heighten your chances for success in operating a home based business.Consider Your OptionsAs previously noted, the ideal situation is for you to have a paying day job plus one or more streams of income from one or more home businesses. If and when you reach a point of absolute confidence in the ongoing viability of your home businesses, you may decide to quit your “day job” and totally focus on your home business endeavors.Work From Your HomeThere is, however, one way for you to have the best of both a job and home businesses. If you can find a way to work your day job from your home, you will be in a great position to become a home based business seeker.In addition to the Internet making it possible for many people to launch home businesses, it has also created opportunities to become a paid employee of a company and work your day job from your home. Many companies are extending telecommuting options to personnel who only require a computer and a telephone to perform their jobs. As a “telecommuting” employee, you are still responsible for satisfactorily performing your job functions and will likely have a reporting relationship to someone in company management. The key advantage is that you may be able to plan your work schedule in a manner that allows you to both perform your day job functions and operate your home based business.How To Find A Work From Home JobOne of the oldest and most reliable databases to search for legitimate work from home jobs is homejobstop.com. This job bank is an active job board specializing in telecommuting and work from home jobs. In addition to the large job bank, other work from home job search services are available. A web search for “work from home jobs” will yield additional sources.Embracing the strategy of income diversification is critical to sustaining and improving your financial status.
Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up
One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.
However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.
Your product creation system should do this for you if only to help you to understand the overall task.
But why?
In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!
So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)
The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.
Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.
Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.
By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.
You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.
Home Based Business Ideas For Retired People
For a variety of reasons, retirement may not be an attractive option once you have entered that world. With medical advances, most people live longer and healthier lives. As a result, many retirees have too much energy and passion for life to simply do nothing. If you have spent the majority of your life in the work place, retirement can result in boredom, loss of enthusiasm or loneliness. You may find yourself missing that job you dreaded. Other retired people immediately realize their retirement savings just won’t be enough, especially with an uncertain world economy. So, what next?Have you ever dreamed of having your own business? Believe it or not, there are definite advantages for retirees that want to start a home based business. In fact, home based businesses in general are increasing and proving to be very successful. If you structure the business correctly and remain in compliance with the Internal Revenue Service guidelines, you will qualify for numerous tax benefits.As you think about ideas for a home based business, consider your options and do your research. There are, unfortunately, numerous scams and dishonest people that prey on senior citizens. Exercise caution but do not let the fear of a scam keep you from launching your own business.Start by making a list of your hobbies, your work experience, special skills, talents and passions. Often hobbies can be easily converted to a profitable home based business. A few ideas to get your brainstorming started: photography, accounting, handyman service, crafts, pet grooming, cake design and decoration, web design, selling products on eBay, online tutoring. Once you start brainstorming and as you review your list of specific talents and skills, your list of possibilities will expand.After you have selected two or three home based business ideas, do your research. Research can be done at the public library, online and discussing your ideas with trusted friends or family. Make a list of your goals before your start researching. Do you want to or need to supplement your income? Are you simply interested in staying active, feeling useful and maintaining contact with the world outside your home? Will you need help with the business? If you have a partner, this may influence your final selection.What about startup money? You may already have the equipment needed to get started. For example, if you select photography, you may own the necessary equipment. A word of caution at this point is necessary. Be sure you possess the skills and talents required for the business; owning an expensive digital camera and being the family photographer is probably not enough. On the other hand, if you have a passion for photography, consider taking a class at the local community college and learn the skills and techniques needed. Or, find a part time job with a local photographer and learn from a professional. This word of caution applies to any business idea you may choose.Keep in mind that the Small Business Administration can be very helpful. The SBA funds loans for home based businesses as well as brick and mortar businesses. As long as you meet the established requirements, you may qualify for a loan.Another huge advantage for retired people starting a home based business is your maturity and years of experience. Our current economy has often been compared to the Great Depression; it is interesting to note that many profitable businesses were started during the Great Depression. Do your brainstorming, complete your research and get started!