Starting A Home Based Business - The Pitfalls You Need To Worry About
Every day, you'll have opportunities to take chances and to work outside your safety net
. Sure, it's a lot easier to stay in your comfort zone... but sometimes you have to take risks. When the risks pay off, that's when you reap the biggest rewards. Now think about this statement - starting a home based business is a great risk taker and you're definitely out of your comfort zone because its something many people are not doing today considering the economy.Are you rich? Do you have everything you want? A nice car? A great relationship? The house of your dreams? The freedom to go anywhere and do anything regardless of the time or cost? If you can answer yes to each of these questions, congratulations! You're living a totally fulfilled life with no limits on your potential.
But if you're like most people around the world, you probably can't answer yes to all these questions. You may be working forty or more hours a week, earning just enough money to slowly keep sinking a little more into debt every month. Maybe you're relying on credit cards to keep paying your bills, but you know that can't last forever. Even worse, do you even know whether you'll have a job next month? Next year? With outsourcing, downsizing, and corporate bankruptcies, working a job is no longer a secure way of making a living.
What about your retirement? If you're having trouble paying your monthly bills, you can't set anything aside for retirement. By the time you reach retirement age, Social Security may be paying only a fraction of what you should be getting. Hopefully Social Security is even around to pay you anything at all.
In a typical year, how much time do you spend working on a detailed retirement plan that has a realistic chance of being implemented? Or are you like most people, who have a someday wish list. Someday, I'm going to retire. Someday, I'm going to pay off the mortgage. Someday, I'm going to travel.
Maybe working a second job might help pay the bills, but at what cost to your physical well-being, emotional state, and the time you spend with your family and friends? Do you want to work so hard and for so long just to pay your bills? I don't think so, and that's why I'm here to tell you that there's another way to live.
It's a home based business and why it's a great option. First, you can get started right away. Second, you can get started in your spare time and then decide to go full-time later if you want. Third, you can get started where you live. Fourth, you can make a little money or a lot. Remember, the only person setting limits on how much you can make is yourself. Think about your home based business and go for it - you'll realize this is the best move you ever made in the long run. I truly hope by reading this article - it had something to do with your decision.
Copyright (c) 2010 Colon Bolden
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