The Huge Shift to Home Based Businesses
The Huge Shift to Home Based Businesses
The Huge Shift to Home Based BusinessesMore and more people are looking to the home based business
industry to generate an income, as oppose to the traditional
method of working for a boss due to the changes in the
current Global market place.
During the last two years the Home Based Business Industry
has absolutely exploded despite the unstable economy. With
outsourcing on the increase, the downturn in economy and
redundancy a common fixture in most offices, the days of job
security are well and truly over. As a result millions of
people have made the decision to take control of their own
future by becoming Home Business Entrepreneurs and are
generating an income from the comfort of their own home.
"Entrepreneur magazine estimates that $427 billion is
generated each year by home-based businesses. That's bigger
than General Motors, Ford, and Chrysler all put together."
Pittsburgh Business Times
Home Businesses are a smart business decision for the
majority of people because they are relativity inexpensive
to set up, compared to say a traditional brick and mortar
business or even a Franchise, that can cost in the hundreds
of thousands or even millions of dollars to establish with
no guaranteed income.
This gives the average person the ability to own their own
highly profitable business, which can assist them in
creating financial independence and give them the solution
to break free of their economic struggles.
Home based business continues to grow from strength to
strength for a number of reasons including the rapid
advances in technology. No longer are we restricted to our
own Geographical area, people can literally market their
business all around the world and grow a truly Global
empire. Many of the worlds top Entrepreneurs and wealthiest
people are now taking advantage of the Home Based Business
Industry boom including Donald Trump, Robert Kiosky and
Warren Buffet!
The massive growth in the home based business industry can
also be attributed to the fact that people are growing tired
of having no work-life balance. As stress related diseases
continue to increase, people are beginning to realize that
no job is worth sacrificing their health for.
Being an employee often means that you have no control over
your income, your time or even when you can see your family.
This can lead to a sense of hopelessness as well as increased
stress levels.
Home Businesses have a higher rate of success than the
majority of traditional businesses, because most Network
Marketing companies provide cutting edge support, training
and systems. So if a person has no business experience they
are in no way disadvantaged, and can very realistically grow
a substantial business and generate a significant income if
they are committed.
What genuine home based business are not, are get rich quick
schemes. Just like any genuine business, a home business
requires effort, action and commitment in order for it to
grow and generate a substantial income. The fantastic thing
about the Network Marketing Industry is that anyone with
focus, determination, motivation and commitment can achieve
huge success with a Home Based Business.
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