Home Based Business

RE: Opportunity Knocks

Dangelo — Wed, 06 Feb 2008 06:04:53 GMT

Great article. I am sure it be a good resource for many on this form that from my observation come from an employee mindset - that was me a few years ago as well. After 3 university degrees, countless jobs in corporate America and traditional businesses, I finally found my freedom in a home business opportunity. The biggest challenge at first is to shift your mindset... and I have to disagree with Luckiest... first, you don't need any of the above. When I got started I was an employee of corporate America, my credit score was very low, I had no money for a lawyer, accountant etc... the advantage of a home business is that you don't need any more than a very strong desire to succeed, a couple of thousand dollars (I didn't have but borrowed) and working the system.

For someone who is new to the industry, expect to spend some time on training, it is a must. Having been involved in the home business arena for over 5 years, and seen over 70 opportunities, I can say that if one chooses the right company with a good management, the right compensation plan, the right leadership that will train and support you, you will be glad you got involved.

Within 35 days in my most recent company (and the only one I see myself with) I was not only able to quit my job, but also able to generate more money that most CEOs, doctors and lawyers.
The results are not typical, but my desire to succeed was not typical either.

I wish you the best and most of all Have Fun... that's what a home business is all about: Fun, Financial and Time Independence, and Personal Growth and Contribution!

Nik D'Angelo
www.NikDangelo.com

RE: The 30 Second Commute

Dangelo — Wed, 06 Feb 2008 05:53:35 GMT

It is true. I can related to the story also on the aspect that working from home takes motivation. It absolutely made me a better and more responsible leader in my home business. In the beginning I was struggling because I brought my employee mindset to it and of course I didn't have a boss to "motivate" me Having been a marketing manager in corporate America for a while and having had received 3 degrees that all taught me how to be a better employee, the struggle was apparent, and it was all in the mindset. Once I got my hands seriously in personal development and also in masterminding with the business owners who had been successful I was able to quit my job in 35 days, work less than 25 hours a week and create a multiple six figure income a year within 7 months... I know it sounds like a fairy tale, and the results are not typical... but then it is not typical to have seen a person so determined to succeed... but it pays off, that I can testify to.

I will all the other home business owners or the others ready to make the daring and rewarding decision, all the best, keep things simple and most of all, be vicariously curious and have a lot of Fun!

Best,
Nik D'Angelo
www.MyWinningCareer.com

RE: The 30 Second Commute

emsilva — Mon, 21 Jan 2008 23:42:02 GMT

A Home Business does not necessarily mean it is a simple business, remember there's no one to blame, to share, to brainstorm with or to cover your escape to the post office. Be detail oriented, plan, execute, correct your plan, execute and do it all over again until it is smooth and fluid. Do not forget, if you don't do it, nobody will. Have fun!

RE: The 30 Second Commute

adventureout — Mon, 21 Jan 2008 23:24:23 GMT

A nice simple overview of starting a home-based business. Our company Adventure Out (www.adventureout.com) started with myself and some buddies teaching surf lessons with our office in our garage. It's always important to keep an eye on the long term goals. Are you jsut trying to stay small? Or is working from home a launching point for a larger project? It was for us.

RE: Opportunity Knocks

LUCKIEST — Sat, 01 Dec 2007 22:52:21 GMT

Interesting. Anybody going into business should prepare a Business and
Marketing Plan. It is the American dream to go into one's own business
and succeed. You need funds, good credit an Accountant, a Lawyer and
a Banker and maybe an Insurance agent.
Good luck, Be careful, LUCKIEST

RE: How To Set Up a Home-based Business

EagleHill — Thu, 15 Nov 2007 17:52:29 GMT

Good basic checklist. One thing more to add: start a separate ledger on what you paid for your house and then add all of the IRS allowed capital addition totals, for a new IRS tax cost basis. You will need this tax cost basis when you determine how much of your house cost is deductible each year for your business. You also actually need this separate ledger if you ever sell your house to determine if you are under the $500,000 capital gain allowed before taxation starts on any gain you might have on the sale.

RE: The 30 Second Commute

akgold — Wed, 14 Nov 2007 01:50:10 GMT

This article touches on the basic points. I think that this internet technology is simply wonderful. Having worked with the Internet since 1995, it is clear how many new options are opened for so many people in America and around the world. I know several people who have left big cities, found a nice quiet and relatively inexpensive place to live and work and opened up shop. At least in 2007 this is a viable option.

RE: The 30 Second Commute

robgalkoff — Tue, 13 Nov 2007 23:13:48 GMT

Some very sensible points. I've just started my own business and am based at home (in the UK). You have to have the discipline to be able to shut the door and work. You're the boss now!

RE: Opportunity Knocks

teacup — Sun, 11 Nov 2007 00:29:40 GMT

Yes, it's important to do your research and scrutinize any new business opportunity, partnership, opportunity for funding, transaction, etc.

RE: The 30 Second Commute

teacup — Sun, 11 Nov 2007 00:24:25 GMT

With the improvements in technology, home based businesses most be growing! It's so easy to work from home and stay connected now.