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How to Make Money Without Leaving Your House

How to Make Money Without Leaving Your House

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Published by danielkanuck

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Published by: danielkanuck on Apr 27, 2011
Copyright:Attribution Non-commercial


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How To Make Money Without Leaving Your House================================================================This report brought to you by:
Visit this website today and get your hands on marketing secretsyou can use to take your offline business to the next level!
The Author, his publishers, agents, resellers ordistributors assume no liability or responsibility to any personor entity with respect to any loss or damage or alleged to becaused directly or indirectly by the use of and the advice givenin this publication. It is recommended that the users of thispublication seek legal, accounting and other independentprofessional business advice before acting upon any advicegiven. This book is not intended for use as a source of legal,business, accounting or financial advice, but is distribute forinformation purposes only.================================================================OVERVIEWWhen Ronald Reagan took the oath of office for thePresidency in January of 1981, one of his earliest pledgeswas to make life a little easier for the small businessperson. Reagan believed that America was founded on thebacks of intrepid folks who took a chance and gambledeverything they had on a chance to start fresh. Smallbusiness today was the embodiment of that idea.Less regulation and lower taxes during the formerCalifornia governor’s first term in office sent the numberof small business formations skyward and the industry,despite increased taxes and regulation, has never lookedback. Today, as much as ever, there are outstandingopportunities in the small business market.Think about it. Big business puts out a controlled productthat appeals to the masses. Selling nationwide, thereisn’t much attention paid to particular regionaldifferences. Small business fills this void. It’s notnecessary in an environment of lower overhead and moreflexibility to have a product that necessarily appeals tothe masses. You might produce, out of your own home, T-shirts and apparel with local slogans and insignia on them.This product will likely appeal to the locals and certainlymay have some fascination for tourists, too. It’s notsomething a major company is likely to fashion because ofits limited audience attraction. But you don’t need tosell as many units to operate a successful small business.
There are numerous examples of small businesses havinglocal flavor that become an overnight sensation nationally.Ben and Jerry’s ice cream was a Vermont tradition thatsuddenly caught on big everywhere. Numerous franchises andgrocery distribution outlets later, the original owners areready to cash in -- big time!Perhaps you have that kind of ambition. It may be thatyour idea for a home-based business may have a nationalmarket. It’s wiser to start smaller if you don’t have alot of initial capital. If you have access to capital,that’s a different story. Wayne Huzienga, owner of theBlockbuster video stores, borrowed heavily to finance hisoutlets. The first store didn’t make any money. But hebelieved in his idea -- to have numerous video copiesavailable for two or three nights at a time. He thoughtpeople would pay a little more for this kind ofconvenience. The first ten stores didn’t make any money.Neither did the first 100 stores. But Huzienga knewAmericans. Suddenly the profits started to come andBlockbuster has developed into a commercial trademark formost shopping outlets in this country.But you don’t have to make it that big to be a financialsuccess. You can make thousands of dollars a week fromour own home without having to invest that much capital inthe business start-up.BEING YOUR OWN BOSSMost Americans dream of being their own boss. This is truefor many reasons. First, America has that kind of promise.If you play by the rules, there is virtually nothing youcan’t accomplish. Just ask any number of Korean andVietnamese immigrants who fled their countries to come hereand start up their own businesses. They are truly a late20th Century success story in this country.Second, it’s not often that much fun working for someoneelse. There are plenty of rules to follow. There arespecific hours to be in the office. There are specificsales goals that must be met. And on and on. Your ownbusiness isn’t going to be a vacation, but when you go inearly and stay late, you’re doing it for you; not theperson who signs your paycheck.Third, the control of running your own business is bothexciting and, at times, overwhelming. Responsibility is atyour feet. There is no one to pass the blame off to, butsmall business owners wouldn’t have it any other way. Theytake a chance every day by running their own shop. Yetmany wouldn’t trade it for working for someone else againif they can possibly help it. The risks are great, but therewards can be greater.
There are many sad stories around this country about peoplewho dreamed big, who had a good idea, but who couldn’tsummon up the courage to take it any further than their ownthoughts. Afraid to take a chance, they passed up therisks and the rewards of striking out on their own. At theend of their lives is always that doubt, always thatwonder, always that speculation, about what their liveswould have been like if they’d only taken that one chance.The independence that comes with being your own boss alsocalls for a rigid discipline on your part. Because you arethe one setting your own hours, there is no one to tell youwhat time to start, what time to knock off, what time totake lunch, how much work must be accomplished each andevery day. This is the drill you must teach yourself. Youhave to set your own goals and objectives, financial andotherwise. You’ll have to analyze your market, what youwill produce, how much it will cost to produce, who youwill distribute the product to and how much you willcharge.You will also know what your profit margin will be on eachunit. Knowing that, and how long it takes to produce oneunit, will help you to set up your work schedule. It mightbe ten to twelve hours a day to start, much longer than youworked for someone else. But instead of a paycheck equalto a small portion of the profit, you’ll keep the entireprofit margin for yourself. It’s a whole new world! THE CONTINGENT WORKFORCELayoffs at big business has become a way of life.Companies are constantly undergoing a reshuffling of theplayers and the companies under their umbrella. Theinformation age produces instant results data, the analysisof which can be accomplished quickly. Once digested,companies make moves much earlier than the past. Productsevolve so much faster today and the improvement intechnology can mean the need for less human involvement.But technology has a bright side. Computers, fax machines,modems and telephone answering machines have evolved toreasonably priced equipment which, when set up in your ownhome, can make you an instant player in whatever field youchoose to work. The future of America may well be inpeople working at home and communicating with each otherthrough increasingly sophisticated equipment.Let’s say you work for ABC Company, a large firm that isundergoing its ninth rightsizing move of the year. Thistime around you get the pink slip. Services no longerneeded at the end of the month. Here’s two monthsseverance pay. See you later. It’s been a great tenyears.This is not uncommon today. There have been thousands of

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