Tuesday, 8 March 2011

Work From Home Business Or Go Back To Work?

Here are the factors you need to consider as you wrestle going back to work, stay at home with your kids or learn to do a hybrid where you get to work from home making extra money or more than enough money to quit your day job, pay your bills and spend time with your children.

As mothers are faced with anxiety having to leave their young child at daycare or to someone else they are also wracked with guilt. The question every mother needs to ask is "do I really need to go back to work or can I find a work at home business opportunity that makes enough income to replace my job?"

Working at home is not "magic" it is possible because everyone knows someone or of someone that has figured out the "magic" behind online businesses that allows them to work wherever they want to. The problem is trying to sift out all of the junk as scammers have littered the internet with fake internet business opportunities or get rich quick schemes.

You can have a successful home based online business if you do your homework and build yourself a business built on knowledge than trying to buy any kind of instant millionaire kit. Some people have honestly found themselves with a real income producing business in just a couple of months. It all depends on what kind of business you start, the product or service and whether you have an established potential customer base or list.

In order to properly determine which scenario of going back to work or working for home is right for you, you need to evaluate your life and its contributing factors. Do you have the time and money to devote to starting and running your own business? Do you have the money for startup costs and maintenance? Do you want to stay at home with your kids or do you need to just get out of the house? Is your family behind your decision to either go back to work or work from home? What are your finances like? How much does daycare and gas cost getting there vs. your paycheck going back to work? How well would your children do going to daycare vs. staying at home with you?

Life is not just about money its true but if you can't make ends meet then you need to make some rapid changes. Sit down with a piece of paper and calculator and see on just a financial basis what works or doesn't. How much would you make going to work for someone else? Factor in the costs of you going there, your meals, childcare costs, gas to get there and such. Then you need to write down how much it would cost to start your own online business. How much money do you have to work with and (very important) how long can you survive before your internet business has to make sales? Compare the two.

Now you need to consider the human element of what is the cost of your children going to daycare vs. staying at home with you? Would they learn more from you? Would they be happier with you at home or at daycare? Which situation would make you happier? Then you need to factor in the opportunity cost for any decision you make for once you choose you are forsaking any other opportunities you could do with your precious time and money.

Many people have found that when you factor in the financial and the human elements that they need to make money but their family life would be better if they could stay at home. That is where work at home businesses come into such great favor. They are a hybrid, a wonderful compromise between having a job or just staying at home. Even if you don't have kids, the ability to make as much as you currently do at a job or more but staying in the comforts of your home is your personal piece of heaven. is the official website for the popular book "$500 Startup" written by successful Entrepreneur and Author Ben Peterson. Through his business ventures and counseling, Ben has helped his clients do more than $200 million in sales. is the simple and complete guide to starting your own online business. The book's website is a fully developed system which includes free reports, worksheets, how to videos, audios and blogs to give you the step by step lessons you need to succeed. It shows you how anyone can do this. It keeps you on the cutting edge so that anyone that wants to can become an online entrepreneur. is a powerful resource, course, report newsletter and club for you to join and learn with other aspiring work from home entrepreneurs or already existing home based companies that are just looking to do it better.

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1 comment:

  1. A person who LOVE his work is can be successful!
    A very nice article! Thanks again William Mathieson.

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