Working from home used to be a pipe dream for many, especially working mums. But since the internet, it’s become a reality for millions of people around the world – whether they work for an employer or themselves.
Working mothers around the globe are making a steady income, or earning millions working from home – many with minimal investment – our handbags cost more!
Today is National Homeworking Day, and if you are sitting in your office reading this (and it’s not YOUR home office!), and you dream that this time next year you’ll also be working from home, then here are three ways for you to create a steady income working from home.
1. Buy an established, profitable business
One way to create an immediate cash flow is to buy a pre-existing home business that is already making a profit. Of course, you will not enjoy a profit immediately because you must invest initially. But once you are able to recover from the initial investment, you can continue receiving profits year after year. I did this with my ourchase of www.womensmarketingforum.com last year, and it has proved to be a success.
The key benefit of buying an established work-from-home business is that you will gain knowledge from the previous owner about what does and doesn’t work for the business. The main disadvantage is you will have to follow in the footsteps of another person instead of building your own home business from scratch – but that doesn’t always have to be the case, because you can start to introduce changes as you get used to the business.
2. Copy an established business model and better it!
Another way to create a income for your work-from-home business is to follow the profitable business model of another. You can learn a lot from others who have already been successful with a home business. Look at what works for them, then find their weakness and improve on it in your business – is it that they charge too much, or are their products or services a lower standard than what you can provide? Do your research and get a headstart in your business in less time than them!
3. Try your hand at internet and network marketing
A third way to create a income of income is to use the internet ans social networking to your advantage. Find and join a team of individuals who have similar goals and work with them to build a successful online business.
You can market online using email and a website while working from home, and it can bring more people together with similar goals in a very short period of time. Even big global brands Coca Cola and large organisations are doing it as part of their marketing, and that says a lot.
Whatever method you choose to create a income while you work from home, set some goals for your business and start realising your dreams today!
