Starting a Homes Business

Why Get Started With Your Own Home Business ?

First, a quick story:

When I was in college, I worked various jobs to help put myself through school, even taking several semesters off to work full-time to pay for my education and avoid a bear trap of debt awaiting my graduation. One of the jobs I took was for a local gentleman, Steve, who owned a warehouse. A friend of mine at the time approached me and asked if I wanted to pick up any extra work on the side. “Of course,” I replied. ( Kind of my go to response- or at least it used to be – but we’ll get to that later.)  I asked him what we’d be doing and he said he didn’t know.

We spent the time literally digging ditches around that warehouse, sweating in the scorching central Florida sun. At one juncture I asked my friend what Steve did for a living.

My friend answered, “I don’t really know. But he drives a Corvette, has a really nice boat and huge house, and travels a lot. I asked him once and he said he ‘had his hand in a bunch of different things.’ But he doesn’t work for anybody, if that’s what you’re asking.”

I remember that being such an odd concept—Steve didn’t have a job, no definable business ( that my friend new of ), yet he was very successful. He bought a dump truck and capitalized on the bevy of hurricanes that ran through Florida that year, running a crew to clean up yards and debris in the area.

It seemed random to me then, but it wasn’t random for Steve. I didn’t understand it at the time, but Steve was an entrepreneur. Not everyone is.

But almost everyone wants something more. The speech below by  Jamal Byant is one of my favorite of all time, and is worth pondering for anyone who’s ever wondered if all they were cut out for is working forty hours a week for the next thirty or forty years.

( The sections below are excerpts and not the speech in its entirety.)

“Why You Don’t Need A Job”:

 

“Everyday billions of people around the world go to a job that they can’t stand. And because they are going to a job that they cannot stand, they are wasting

  • their gifts,
  • their talents,
  • their abilities,
  • their bodies,
  • their time,
  • their brains,
  • their skills,
  • and their anointing.

It is an aeronautical fact that if you build a plane and put it in a hanger, but you do not fly it and just let it rest in the hanger, after several years of sitting in the hanger idol the motor will be no good.

Consequently, conversely, if you build a plane and let that plane fly with frequency around the nation, around the world, that motor would in fact need service and maintenance, but it will be in better condition than the one that stood still.

  • 87% of the people in this room do not like their job
  • 50% do not feel satisfied or fulfilled
  • 25% of you say that your job is the #1 stress factor in your life
  • 41% of you are living from paycheck to paycheck
  • 70% of you are not motivated by what it is that you do
  • 50% of you are woefully underpaid
  • 67% of you are in the wrong field
  • 72% of you are in a place where you are being undermined so you will not succeed

Jamal Bryant is pastor of Empowerment Temple in Baltimore, and from the first time I heard a recording of these excerpts, I said to myself, “Now that makes sense!”

 

Not everyone will agree with this, and not everyone feels this way.It’s a smart idea to obviously research and even start your other business while working on full-time. This way you can leverage the experience and your full-time income withouth takign on all the risk right away.

 

But I am undoubtedly convinced there is a growing percentage of this population that perhaps “suspects” something along these lines but do not really know how to voice their thoughts on the subject.

Bryant goes on to say that it is really your job that controls much of your life, because you are tethered to it.

  • Your job tells you what time of day you eat.
  • Your job suggests to you how many hours you need to put in order to be motivated.
  • Your job tells you how much time is put in before you can retire.

…Cars work; chairs work; your watch works; planes work; money works; computers work; TVs work; dryers work; lamps work; but you want to get a job!”

Now if pursuing your passion through an entrepreneurial venture sounds too difficult, or you are unsure where to start, or if you have ANY other objection (I’ve heard plenty already) then the following could be an alternate solution.

The “Perfect” Home Business

 

I will preface the following by stating the type of business enterprise discussed below is not for everyone, but I do believe it can be of great benefit to those with an open mind. Not only for the financial benefits, but also the personal growth and financial education that accompany it.

            For those who don’t have the capital or will to invest in the other types of businesses—and most fall into this category—there is an ideal solution: Direct Selling.

This form of business is one that’s gained increased respect and exposure over the last several years, as financial moguls such as Richard Branson, Warren Buffett, Robert Kiyosaki and even The Donald (Trump) have either extolled the benefits and advantages of network marketing (direct selling), or invested in it in some manner—in most cases, buying or starting their own company.

            Forbes, Newseek, Time, and The Wall Street Journal are just a few of the publications who have written about the success of this form of business.

If you’re not aware of the emerging success of direct selling and network marketing, you are definitively behind the times.

            Fortune went on to say network marketing is “An investor’s dream” and “. . . the best-kept secret of the business world . . .”

So What is it Exactly?

 

As I mentioned above, this type of commerce is not for everyone. For example it is not for the close-minded; but for those who are open to new ideas and concepts, it can be highly lucrative and beneficial for even those just starting.

Sometimes it’s common for many of us to think we understand a subject and not really have a complete understanding of what that subject is. Thus, every decision made is then altered and viewed through our cracked lenses. Below is a simple story that helps illustrate this point.

A father was driving his young son to pre-school and had been teaching him to say the word “car.” As they were driving, the father and son saw a bus. The young child stuck out a little finger, pointed, and said, “Car!”

The father responded, “No, that’s a bus, son. B-U-S—bus.”

The young boy repeated himself, louder this time. “Car! Car!” Then the father grew a bit frustrated, because as we well know, a bus is similar to car, but it’s not quite the same thing and he wanted his son to understand the difference.

At this point we can only assume the father in the story took one of three courses of action:

  • Braced himself for a lot of repetition and continued trying to drill into his young son’s mind the difference between a bus and car.
  • Gave up, dooming his son to years of believing a car and bus were identical.
  • Or he found a way to be creative and explain the contrast from a different angle.

It’s important to have a true understanding of a concept in order to go forward. Direct selling, or network marketing, has been around for many years and called many different things, and the underlying concept is quite simple. Rather than spend large amounts of money on marketing and promotion, a company instead pays its consumers to promote the products instead. A portion of each sales dollar received then goes back to the representatives who market their products, usually by word of mouth. Since the consumers of these products are usually also the greatest advocates for the products, they are then compensated for “spreading the word” about said products and company. Network marketing allows these representatives to receive compensation from others they’ve introduced to the products as well, thus setting up “organizations” that can grow to substantial size and create leverage. This leverage allows a single person to then grow an organization numbering into the hundreds or even thousands based on their efforts and leadership skills, while creating an executive-type income for themselves in the process.

As I mentioned before, this direct-selling phenomenon is no longer an underground secret, and some of the wealthiest and successful businessmen in the country and around the world are taking advantage. Warren Buffett, one of the great financial minds of our time, owns multiple network marketing companies. When Donald Trump was recently asked what he would do if he had it to do all over again and start from scratch, his matter-of-fact, one-line reply was, “I would get into network marketing.”