Monthly Archives: July 2019

Home Based Businesses: Ideas for Earning Residual Income

What is residual income? How important it is for the people of today?

Rising prices, inflation and economic problems have severely affected the earning capacity of the people. More often than not, no income is left after they paid their personal debts and basic necessities such as rent, bills, etc. Thus, people can hardly save. Residual income thus refers to that amount of money that continues to be generated even after the basic necessities have already been paid.

So how does one earn residual income? The answer is simple: set up your own home business. This idea may not be popular amongst people given the numerous risks associated thereto. Aside from this, setting up home businesses demands a lot from those wishing to do the same most especially with regard to capital, time and effort. Here are a few ideas about home businesses that you can set up to gain residual income:

(1) Creating a blog. Creating a blog is one of the most popular businesses that one may set up in order to earn extra income. Creating a blog filled with valuable content that revolves around your passion and interests could help you earn hundreds of dollars. Your blog can earn from the traffic one generates from the website, by promoting the products of other people and simply by talking about what you love the most. To date, there are numerous bloggers who earn residual income just by writing what they are passionate about.

(2) Market or Sell Online. The advances in technology and the internet have provided people with numerous opportunities. Now, you can take advantage of these changes to earn more money. Without a doubt, you can set up your online store whereby you could sell your products to a wider group because more and more people are linked to the internet.

(3) Freelance Writing. Numerous businesses and individuals search for writers who can create their papers, blogs and other important requirements and they are willing to pay for the same! If you have a gift for words, you can set up a home business which is dedicated to satisfying the needs of clients from all over the world by helping them write their academic papers, their thesis, blogs, marketing content, etc.

These suggestions are three of the many ideas one may consider in their desire to earn residual income. These home businesses can help one in increasing their extra money while allowing them to spend more time with their family or giving them more time to attend their personal needs.

Home Based Business Opportunity: How to Select an Online Business Opportunity to Work from Home?

You a housewife getting bored with daily routine?

You are tired of working in jobs and desire your own business?

You have retired and looking for some business opportunity to earn money?

You are a student and looking forward to earn some quick bucks without missing out your studies?

You are working and just looking for an opportunity to earn extra income?

Well! these are some of the reasons why people opt for various home based business opportunities.

There are lot good home based business opportunites, home business opportunity, work at home business opportunity, Internet opportunities, Online business opportunity on Internet, but it is important for you to find the business opportunity program who you like to work with and understand and would give time and efforts to work within years to come.

Running a business form home is fun, being your own boss, setting your own business hour, but be aware of people around you! Its easy to forget time and surroundings, make your working hours clear, and dont let your dear ones suffer from your business, rather show them that this can be done from home in a normal matter of efforts and time..

And opting for doing business online gives you chance to work from anywhere anytime. You have the comfort and freedom of working from your home. All you require is an Internet connection.

One such well-liked upcoming business opportunity is selling Prepaid calling cards Online.

Statistics of PREPAID CALLING CARD INDUSTRY have been very impressive:

– Prepaid calling card industry is a $5.6 Billion industry and growing at 10% per annum (over a half a billion dollar annual growth) in USA

– Online sales of prepaid calling card industry products are growing at over 230% per annum

This enormous online growth attributes to the fact that prepaid calling cards are the perfect “e-deliverable” service – with customer fulfillment within seconds!

The use of pre-paid calling card products crosses all socio-economic and ethnic groups which means a broad-based income opportunity for people doing this business online.

Prepaid calling cards being a Web based business opportunity, so before you venture into it, remember following things which you will require:

– Ecommerce website which has to be 128 bit SSL secured

– Web hosting and site maintenance

– Order processing facility

– Real Time Sales Reporting

– Product line

– Inventory management

– Customer Care

Take a look at an online business opportunity program which i’ve opted at [http://partner.nimbustel.com]. Its a prepaid calling card business partnership opportunity in USA which i found to be very good and reliable, and this business is for real. Earning upto 18% on every sale generated from my website.

They provide everything needed to run a successful online ecommerce business. Their Managed services include operations, administration and accounting. So you can focus on Selling!

Further you’ll have access to everything you need to maintain your online store, generate sales, and monitor your progress 24 hours a day via your online administration console.
Also provides 24/7 Live chat customer support services, Fraud management services etc.

These are some of the reasons why I believe that doing prepaid calling card business is the best home based business opportunity in USA.

May these home based business opportunity insights help you start your own web based business and achieve objectives interms of money and success.

Why 95% of MLM or Network Marketing People Fail with Their Home Based Business

Every MLM or network marketing operation offers the same promises for their home based business of being easy to operate, no real skills required, huge earnings potential, retire on a rising passive income in as little as 5 years and have a greater quality of life with more time available for your family by having a home based business. Do the promises live up to the expectations? Yes but for only 5% of the candidates – 95% normally fail – WHY IS THIS? Here we debate some of the controversial reasons for this phenomenon.

Quite simply, the vast majority of people falling for the dream and take on an MLM business do not understand right from the start what is actually required of them in order to succeed. Who is to blame for this? – The recruiters or sponsors who fail to properly qualify the candidate. Most good recruiters are well crafted at the art of creating a vision based on most of our desires and dreams which are pretty universal for most of us. They manage to install visions of the benefit’s a successful MLM home based business will bring. It’s a bit like visualising your destination but forgetting about the difficult journey on how to get their. For many the journey is like the Paris to Dakar Rally rather than the 10p bus ride to the next stop they are anticipating.

Sure, there are promises of training, support from their up line etc. which is often great but the one thing that is often missing from all of this is the commitment and motivation from the new candidate where they simply fail to realise that its actually NOT easy at all to gather customers or to recruit others into the business. Most new MLM’ers brought in from the nine to five masses are also incapable of handling rejection and the egos take a real hammering for the first few months.

To be brutal for a moment, we must remember that the majority of people in PAYE work jobs simply do not have the characteristics or skill sets to actually run a home based business to begin with – otherwise they would already be operating something themselves based on their own assets, skills and ingenuity. Its not their fault, its just that the home based business person has a different mind set and motivations.

Fortunately, there are some well founded MLM businesses on the market that offer real and tangible training and support for the new candidate throughout their MLM business career. Telecom plus is one such UK plc company that has a superb level of FREE training and support for all new Independent Distributors joining the business with local training centres throughout the country. Combine this with Local Distributor meetings, forums and business opportunity meetings again all within your local area, really does help enormously for the inexperienced new MLM’er starting out on their own home based business.

Home Based Business in 2013

How Can a Home Based Business Save YOU in 2013?

The Stability of a SMART Home Based Business May Save You.

In the next two years, 2013 – 2014, the Economy is expected to dive yet again. The aftermath of Hurricane Sandy and the destruction left behind accelerated this issue for the residents of North East USA. We only have to look at the devastation left by Hurricane Katrina (New Orleans in particular), to see lives have been forever changed, and not for the better.

President Obama has come right out on cue to tell the world the Government will take care of them. Past history tells us it will be decades before it will all be repaired.

So, are you waiting for disaster to befall you and guide you down that hole to oblivion? Or do you want to ensure that you will have a bright, safe and fruitful future?

Where Are You Now?

Economically, and historically, we have never been in deeper debt as we are now. Credit Card debt MUST be slashed or eliminated. Why? When recessions hit, they bring higher interest rates. Do what you can to minimize mortgage increases. And, I know, it sounds impossible to save anything these days but you do need to succeed with this one too.

Now, what are you willing to do about it?

What Are My Options?

The good news is there are only two choices, take action or do nothing.

Consider this; Wells Fargo Securities predicts this,”unemployment rate declines to 7.6% by end of 2012 (Christmas Rush), before rising to 8.1% by the third quarter of 2013, finishing 2013 at 8% and declining to 7.5% by the end of 2014.” The outlook for next year and into 2014 is more of the same but worse. If your Company has any trouble they are fighting right now, It will get worse next year.

But to be forewarned is to be forearmed. If you intend to weather this very long economic storm, you need to make a plan and put it into action. It would be nice to be able to fall back on your desires, find something that matches you. One question. How long have you got, money wise, in the bank, before you are, God forbid, out on the street? Yes, one of the hardest questions you can face. But, if you do face it, prepare properly and take action as far in advance as possible, the potential for weathering this economic storm are more than good.

If you ask for a pay increase at work, it will put you at the top of the heap when the time comes to, “trim the fat.” Dump that one. If it comes to that, you are in a better position if you have not had a raise in a long time. To keep your job, you may consider offering to work for less if you are in the boss’s office one day, wondering why you are there. Take charge and make an offer to the boss stating that you know things have been tough lately and you can get by with less, but still have confidence in your team and need to keep it as intact as possible.

If you look at taking a second job, it is likely that it will pay very low wages, trading your valuable time for peanuts, so to speak. It is an option but you likely do not want to do that for very long. You would do better to work for yourself, when you have the time to invest.

Home based business makes sense. Choice is important. It is amazing how many do not think of this. If you are looking to sell something, try not to inventory stock. You do not want to have cash locked up until you sell product, sitting in your basement or garage. We do not want you to end up like me for instance. I still have some NSA Water filters here since the 80′s, Argh! But, now you can learn from my mistakes. That was just one of them.

Remember, if you are going to start a home based business, selling a product or service, make sure it is not only something that you do not have to inventory, but you use a lot, and if you use it a lot, I expect everyone is going to use it a lot too. Now, there is a special reason for this. If you are offering a popular thing, and using that same thing every day, you are going to buy from yourself first, right? Of course you are. And if you are doing that, you can bill its use as a sales expense.