Legitimate Home Business Market Growing Fast Despite Recession
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Why isn’t everyone talking about it? Perhaps they are missing the forest for the trees. Everyone knows the Internet but did you know that home-based businesses on the Internet are one of the fastest growing employment sectors in the US? Even during today’s recession.
The U.S. Department of Labor reported over 20 million work-at-home businesses as of 2004 and that half of all Americans that work will be working in part from home by 2025. Over 53% of small business owners operate some type of home based business opportunity. Money magazine recently reported that between 10 and 15% of home-business owners make a gross revenue of 100K-500K.
However, most Americans and Europeans seem oblivious to this trend and consider taditional jobs as the only option for earning an income. According to Suzanne Morrison, owner of http://www.homebiz-direct.com/ , a website that provides ideas for online entrepreneurs, “It is sad that our education system lacks in entrepreneurial studies, especially regarding Internet based opportunities. Our goal is to cover this gap.
There is no shortage of online business opportunities. From using software tools to invest in Stocks and Forex, to selling on Ebay or putting up affiliate sites, there are hundreds of ways to establish an online business presence. However, the process of choosing your business idea can be a challenging one. And beware of the so-called Internet Marketing gurus. There are way too many people making false claims about knowing the secret to making money online.
Like any other brick and mortar business, work at home businesses do require a lot of hard work, dedication and the ability to make the right business decisions. However, the differentiator is that the initial investment required to get into an online business could be as little as $100. With such a small risk, more and more people are finding it worth a try.
A recent report by U.S. Social Security Board states that out of every 100 Americans, 85 of them reaching age 65 don’t possess as much as $250 in savings. And only 2% are self-sustaining. So basically 98% of Americans do not retire with enough money to live the lifestyle they want and deserve live. Could an online business may be the right solution for you to secure your financial future?
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Comments
I agree. If there aren’t well paying jobs out there, then people will need to create jobs themselves. Thank you for the thought provoking post.
Creating a company from scratch is always a very difficult position to put yourself in. Having the internet provides you with easy advertising and saves on purchasing work offices. I completly agree, why is it so unheard of?
Great post. Many of us have profitable on-line biz’s. The key is to hang in there until it becomes profitable:-)
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you are right.home based jobs are still the fastest growing type of employment.I think the recession will give it more impetus.