International Scotsman
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The biggest problem with a home based job is exactly what it says it is a job, but is more likely to be low paid and with no certainty of continuous employment, with those uncertainties and the tax disadvantages I could never recommend a home based job.
If however you wish to create an income from home, then a home based business is ideal. The biggest advantages are working hours that you can set to suit yourself, the opportunity to leverage time through the efforts of others, and significant tax advantages.
There are hundreds of possible businesses, but a business requires some capital to start up so I would recommend looking for one that requires less than $500 to start, but remember it is your business and it will only be successful if you are prepared to put some amount of continuous effort into it. It will take some time to build and get an income flowing, so I would study all opportunities very closely and see if your choice has any bonus schemes which can act as cash flow as the main income stream grows.
With most businesses it will take 2-4 weeks before the first income may be received, but that is normal, in fact most home based jobs will only pay monthly. But with a business the income should increase quickly as the weeks progress, in fact it is possible to be earning a significant extra income within 6 months and be financially free in 2-4 years.
Some 9 years ago I got involved with a company in the second largest industry in the world – Telecommunications. What impressed me with this company was the attitude of the owners, they were already in a position where they could have retired, but they decided that they had a company that could grow and help very many people throughout the world to realise their financial dreams.
This company now operates in 19 countries on 3 continents and expects to be opening up another 50 countries over the next few years. They have been featured in many publications like USA Today, Success from Home Magazine (twice), Fortune, and Inc 500 rated then the 22nd fastest growing company in the USA after their first 5 years, not only that but the 2nd most profitable.
Recently the multi-billionaire Donald Trump endorsed the opportunity, calling it probably the best available in the world today.
The services the company offers are local and long distance calling, Internet, Digital, Voip with video phones, Satellite TV and cell phone services with all the major cell phone providers. Now everybody knows plenty of other people who use these services in their homes every day, and this opportunity allows you to save people money on these services, but at the same time it allows you to earn a percentage of the monthly billing of all the people, who are saving money on the services you recommended, now you have created a residual based income, you get paid every month for as long as the customer continues to use the service. This can be a very profitable business as the industry turns over approximately one Trillion dollars annually.
If you would like any more information feel free to email me.
Douglas |
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