Home Based Business Ideas, Articles, and Tips In the day of the Boomer women worked and dropped their kids off at the sitters. Today more women are choosing to stay home and “BE THERE KIDS MOM.” When you have the financial means it is an easy decision to stay home to raise the children. However, when you don’t have money in the bank or a spouse to bring home the bacon you have to take a careful look at how to pay the bills while raising your family. According to recent surveys more moms than ever before are choosing to stay at home and as a result the female employment numbers are declining after decades of substantial growth. Employment figures for married mothers with children under age 6 have dropped 7% to 10% since the peak years of 1997 to 2000, depending on the income group. Overall, the work participation rate for all women dropped 1.5% from 2000 to 2004, according to the U.S. Bureau of Labor Statistics. This is significant because, for four decades, women's labor participation rates consistently climbed, from 40.8% in 1970 to 57.5% in 2000. The phenomenon caused profound changes in American family, culture, and economy. This shift has created a new buzz called the WAHM. ( Work-At-Home-Mom ) Women that have made the decision to have it all. They are taking time for family and balancing that with a home career. If you don’t want to commute to the office then how do you have a career? A WAHM has two choices in a home career. They can create a career around a hobby or talent they enjoy or seek out a company that will furnish the foundation and opportunity so all they have to do is team up, invest the time and hard work to achieve the success. Consider these interested facts: · More than 25 million Americans are home-based entrepreneurs and that number is growing daily. Being paid for what you do is always more rewarding than being paid what someone thinks you are worth! Employers are holding the key to our futures – but you can change that by starting a business from home. - Where do you start? Well, you search the Internet, go to the library and read anything and everything you can get your hands on and think about what you enjoy. “It is anticipated that by the year 2005, 50% of households in the U.S. alone will be involved in a home based business.” - Newsweek Magazine
· In 2002, the average annual income of a person running a home office was more than $45,000 per year! This is more than twice as much as the average U. S. household income derived from working for employers. The home business is the fastest growing segment of the economy. Two out of every three businesses started in the U. S. are started in the owner’s home. Personal Computers have made it possible. Did you know that out of 100 people who started working at the age of 25, by the age of 65: - 1 is healthy
- 4 have enough money for a comfortable retirement
- 3 are still working
- 63 are dependent on Social Security, friends, relatives or charity
- 29 are dead
Owning your own home business is an opportunity of a life time. Does it have risks? Of course there are risks but life is full of risks. Do your homework and find a business that is right for you. Once you figure out what you would like to do find a way to make it happen. The biggest reason people fail is from lack of action! Take action and get started with a sense of urgency. Don’t let anyone tell you “you can’t.” | |
Successful Home Business