Saturday, March 24, 2007

More Problems Associated With Being Self Employed

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Do you have the right personality to be self employed? If you are
determined, driven to achieve your goal, and able to keep your vision in the
crosshairs at all times, then you will most likely be on your way. If less
than complimentary clients and even those who harshly criticize your ideas
do not deter you from trying, but perhaps are actually spurring you on to
try even harder, then you are most certainly on your way to success. Yet
what about the financial ability to see it through – are you ready? Can you
weather an equipment failure, loss of data, and the need for upgraded
equipment without having to resort to using your personal credit cards? Are
you able to survive if one or more client do not pay you one time but leave
you hanging for a few months?

If you answered yes to the first two questions you may be well on your way
to self employment, yet you are not quite there! There are still some
problems associated with being self employed that you need to be aware of
before bidding farewell to your boss. Perhaps one of the biggest fear
factors is the IRS. These initials are sufficient to drive the fear of doing
business into even the most hardened entrepreneurs, and you may be no
exception. After all, you will need to be meticulously organized and instead
of only paying taxes once a year, you will find yourself at the taxman’s
office every quarter. Furthermore, you will need to be prepared to pay your
Medicare and FICA and up that point in time of being self employed, it was
your boss’ responsibility to do so. Before dismissing that guaranteed
paycheck, make sure you will be able to traverse the narrow path the IRS has
set forth for the self employed.

On a personal note, self employment for those with family is fraught with
another set of problems. A steady paycheck keeps a family well supported and
many money worries at bay, while self employment may be more akin to times
of feast or famine. Are your family members willing to help you achieve your
dream of being self employed? Do they understand the implications of no
longer being able to count on the bi-weekly direct deposit in the bank
account? It is imperative that everyone involved knows what the changes will
mean and get on board with you. Failure to paint an honest picture will
result in misunderstandings, feelings of betrayal, and such an increase in
strife that you will find yourself scouring the help wanted ads simply to
keep peace in the family. Sorting this out ahead of time ensures that
everyone is on the same page and ready and willing to support your dream and
perhaps even make it their own!

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Want to work from home? Find the best home
based business ideas and opportunities by visiting:
http://incomewave.net

Friday, March 23, 2007

Starting A Home Business Can Be Fun

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There are many reasons that you might want to start a home business. If you are good at something or if you have something that you can offer to others, a home business is a great way to make money in order to support yourself while you are doing as much for others as you possibly can. If you want to start a home business, here are some tips to make sure that it goes over smoothly.

First of all, make sure that it is something you are interested in. This is quite important because this business is going to take up a lot of your time and energy, especially at the very beginning. It is very important that you are embarking on an adventure that you are actually going to enjoy. Often, when someone starts up a home business, they need to work for many hours each day to get the business off the ground and up and running. If you can make sure that you are starting up a business in an area that interests you, you are going to find that you are having a much better time making this a reality for yourself.

Also, you should remember that your business should be completely planned out before you start to work on it. You need to know if it is going to be something that you can do on your own or if you are going to need help from employees. You should be able to find out if you can structure your time around your business or if you are going to have to make adjustments to your schedule.

Make sure that you have all of the contracts worked up, and that you have all of the tax information squared away before you even begin to market your business or sell a product or perform a service. You should make sure that you are getting everything set up first because this is the best way to make sure that you are making the most out of your time.

Last, remember to have fun! The best part of owning a home business is to make sure that you are having fun and that you are enjoying yourself. The only way that you can truly be independent and truly love what you are doing is if you make it something that is enjoyable for you, and if you have fun with it. That is the way to truly enjoy work and to enjoy the way that you are making your living. Remember that this is something that will hopefully be with you for a long time to come, so you should make it count and do the best that you can do!

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Want to work from home? Find the best home
based business ideas and opportunities by visiting:
http://incomewave.net

Thursday, March 22, 2007

Are Home Based Businesses Encouraging Social Isolation?

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Sociologists have studied what has been termed “cocooning” very carefully since the explosion of the world wide web. Cocooning is the process of social isolation where a society withdraws from physical interaction with each other. This “hermit-like” behavior can lead to the decline of many cultural and social traditions. Cocooning also affects the way we interact with other when do finally leave the house and meet face to face.

The availability and popularity of the internet has changed the way that humans communicate and interact. We can spend hours in chat rooms pretending to be beautiful, successful and brilliant when in fact we are average looking, overweight and unemployed. The person at the other end of the keyboard has no way of verifying our claims or disproving them.

Discussion over the internet removes an essential aspect of communication: body language. Such things as posturing, fidgeting and eye contact all are unconscious transmitters of our true intentions. We learn as small children not to make eye contact when telling a lie and to cross our arms to distance ourselves from unpleasant people or situations. As of today, the computer screen has no way of converting these communication skills into data that can be observed as overtones in the written text of a conversation.

This cocooning may affect the communication skills of future generations. While excelling at expressing themselves through the written word, our children may lack the skills to give a convincing speech in public of carry on a comfortable conversation while waiting in line at the grocery store. Some youth even use text messaging to communicate when they are in the same room.

The prevalence of home based businesses may be in part due to this preference for cocooning and nonverbal communication. It is perfectly acceptable to home school your children, run a business from your home, email your mother and fax your clients. You can even order a pizza, shop for a birthday gift and have your groceries delivered: all without any verbal communication.

As in everything in life, a balance is needed. If you email your mother today, call her tomorrow and visit her on the weekend. If you work from home, make time to visit the park. Join social groups rather that internet message forums. Limit the amount of time that your children use the internet and cell phone for text messaging. Encourage teens to take a speech or debate class along with that computer programming class when signing up for college courses.

Many great social traditions like wedding rituals and back yard barbeques may someday soon be in danger of extinction. We all must do our part to keep the spark of social interraction alive for future generations.

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Want to work from home? Find the best home
based business ideas and opportunities by visiting:
http://incomewave.net

Wednesday, March 21, 2007

Work At Home: Forget The Daily Grind

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Are you tired of the shuffle of the every day grind at work? Are you stressed and tired when you come home and do you hate the thought of having to do it all again tomorrow?

It might be time for you to make a change. Thousands of people are deciding that they want to work from home, and they are making it work for them. Maybe it can work for you as well.

The first step is to figure out what you are doing with your life now and see if there is any way that you can do that at home. If you do something in an office, can you move most of your work to a home office? Are you providing something through a company that you can provide on your own from your home? If you can figure out a way to do what you are doing from your home you might be set. Many bosses today are helping their employees find ways that they can do much of their work from their home offices. With advances in technology, this is something that is always getting easier.

If what you are currently doing cannot be done from home, don’t despair. There are still some options for you when it comes to working from home. If you are willing to take the chance of quitting your job, and you are good at what you do, chances are good that there is going to be an online company that will need your services. If you want to completely change what you are doing for a living, you are also going to be able to find online work, whether or not it is in the field that you currently work in.

If you want to work at home, a good way to start is to get your portfolio and your resume somewhere it can be accessed online. This might mean setting up a website for yourself, somewhere that you can send potential employers to look at what you can do. After you have this, you should sit down and make a list of the types of work that you would be willing to do. Then, you can begin your job hunt! You should be able to find several jobs that can match your desires and your needs and wants, as you go through life.

Remember that in the end working form home shouldn’t make you more stressed and more hateful of your job. If you can’t find something that you can do at home to make money that will make you happy, maybe working from home isn’t what you should be doing. Always keep your mind open for new possibilities.

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Want to work from home? Find the best home
based business ideas and opportunities by visiting:
http://incomewave.net

Tuesday, March 20, 2007

Making the Most of a Business Opportunity

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The Internet is home of the business opportunity ad. While some are not
legit, others do have the potential of netting you a pretty penny. Once you
have found such an opportunity, it is important that you make the most of it
– but to do so wisely, you will need to observe a few tips and tricks that
will not only help you to earn money, but also protect you from losing any
of your hard earned cash in the process.

When you are starting out in pursuit of your business opportunity, you will
need to juggle your full time job and your extracurricular pursuit. While it
might be tempting to throw caution to the wind, quit your job and pursue the
opportunity full time, it is extremely unwise to do so. You will still have
bills, and if you have a family, it is unfair to expect them to suddenly
make do without the little extras they have come to appreciate. Instead, go
ahead and work your regular job while expanding on your business
opportunity. This will prevent you from having to give up after a few
unsuccessful months with maxed out credit cards.

Building a business takes time, and if you involve friends and family, you
will probably be able to do so a lot faster. Of course, this should not mean
that you try to peddle your nutritional supplements that are part of the
business you are building at every family reunion. Instead, you might be
able to involve some family members in the business end itself. Do you need
help with taxes? Maybe an aunt is good at doing them! Do you have questions
about licenses and insurance? If you have a stay at home dad who is willing
to do some work in exchange for a bit of money, these headaches could be
taken away from you. In short, rare is the entrepreneur who makes money all
by her or himself from the basement, yet plentiful is the entrepreneur who –
with the help of friends and family – succeeded!

Your business opportunity requires exposure, yet there is more to
advertising than paying for a three by five ad in the local rag. Instead,
attend trade shows, hand out flyers, print up business cards (not the free
ones that carry another company’s logo on the back) and network with other
entrepreneurs. Do not stay home when you are trying to build a business, but
instead go to where the business world is located and get out the word! This
ensures that you will truly make the most of your business opportunity
without having to spend money you may not yet have earned on costly
advertisements that may not be as effective as you had hoped.

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Want to work from home? Find the best home
based business ideas and opportunities by visiting:
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Monday, March 19, 2007

The Problems Associated With Being Self Employed

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The dream of being successfully self-employed is quite possibly innate to
anyone who is employed. The idea of having the artistic freedom necessary to
create winning marketing campaigns is probably one of the most often cited
reasons why an employee would much rather prefer to be their own boss.
Another reason is the fact that the relationship between employer and
employee has broken down at some level and the employee realizes that
certain needs have not been met and most certainly will remain unmet while
in the employment of the company. Yet self employment itself is a bit of a
double edged sword and not everyone is cut out for this mode of earning a
living. If you are contemplating this step so as to work from home and throw
off the shackles that corporate employment has become to you, think long and
hard if you are truly ready.

There are a set of problems associated with being self employed, and perhaps
the biggest obstacle a novice faces is his or her own self. Having a dream
is easy; yet making this dream a reality demands a certain level of self
discipline. Some personality types are not able to transit from reporting to
a boss to reporting to no one yet remaining just as driven. Additionally,
some personality types that benefited from the buffer the employer presented
when it came to relationships with clients or customers, will sorely find
their patience tested when a new client harshly criticizes the marketing
strategy you present to them. Especially if you are in an artistic field,
some of these criticisms could feel like personal attacks or even personal
rejection, making this form of employment almost harder than working for
someone else.

The second problem you will face is the question as to who will bankroll
your endeavor. After all, it is not enough to have a great idea. You
probably also have bills, a family to feed, and if nothing else the daily
needs that have to be fulfilled. The number one challenge associated with
this step is the fact that many a newbie will use credit cards to get set
up. Yet the problems do not end there. How much liquidity you have at the
onset will also determine your overall success since it dictates whether or
not you can live with the fact that one client is taking an extraordinary
long period of time to finally pay you. If one or maybe even more slow
clients spell financial trouble to such an extent that you have to touch
your retirement savings or home equity, you might not yet be ready for self
employment. It is important to begin being your own boss from a position of
strength, not weakness.

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Want to work from home? Find the best home
based business ideas and opportunities by visiting:
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Sunday, March 18, 2007

Earn Extra Residual Income Online - 5 Ways

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Why would you want to earn extra residual income online? Residual income allows you to leverage your time. The idea is that you put in an initial time and effort which will earn you extra residual income. You get paid multiple times for something which you do once.

1. One way to earn extra residual income is to join affiliate programs that pay you recurring commissions. For example, there are many membership sites online with residual income compensation structures. Website hosting companies usually have a referral program that pays you regularly. When you refer someone to this type of affiliate program, you will earn income as long as they stay active in that program. The key is that you have to advertise your affiliate program to a targeted audience.

2. Multiple tier affiliate programs can also help you create more residual income. To succeed with multiple tier affiliate programs, you have to recruit affiliates who are actively recruiting. These active affiliates will build your downline and enable you to earn extra income by leveraging the efforts of others. To find active affiliates, you can use an online system that acts like a funnel and initially sorts prospects for you.

3. Online investing is another way to earn more residual income. Of course, it is not a guaranteed way to make more money but it take advantage of the power of time. First you will have to join an online brokerage. These brokerages let you manage your own investments online and are cheaper than traditional brokerage firms. Before you start investing online, make sure you have some system in place to determine how you will buy and sell your investments. If you do not have a system, then emotion will likely take over. It will probably cause you to actually decrease your income instead of earning more.

4. Start your own membership site. Take a look at your hobbies and interests. Take an inventory of what you are passionate and knowledgeable about. If you think you do not have any knowledge or services to share, remember that everyone has knowledge that others would like. The good thing about a membership site is that if it provides value, people will continue to subscribe and earn you residual income. If you continue to improve your site all the time, your residual income will grow.

5. If you think that starting a membership site is too much work, then consider joining a proven residual income generating system. A big advantage with an income system is that it can be duplicated. Duplication can increase your residual income because your referrals will have the same income system you have. They will be able to figure out what to do to start earning income because they have a system like you do.

Discover how average Joes can make huge residual profits with a proven automated system! Visit http://incomewave.ws/3stepsecret.htm . To learn the secrets of how I succeed with this complete income generating system, check out http://makemoneyprofits.blogspot.com