A Job Or an Internet Home Based Business? Many Moms and Dads Must Answer That Question

Many moms and dads are asking the question whether to stay in their job or consider an internet home based business opportunity.The current U.S. economic crisis has changed the lives of many families. Some Americans have seen their income reduced or sometimes eliminated because of lost jobs. Others are feeling job insecurity as their companies struggle.The employment picture appears to be improving. Job losses are declining. The unemployment rate remained at 10.0% in December. However, if the work force had not lost over 660,000 discouraged job lookers (given up on finding a job), the unemployment rate would have been 10.4%.But the current economy indicates that it will be extremely difficult to find another job if you are presently unemployed or unhappy with your present employment.When you consider the total of unemployed plus underemployed (employed but making less than before they were laid off) individuals, there are almost 27 million Americans who are looking for a job or a better paying job. It will take many years before all these people find jobs, even if the economy grows at a very high rate.However, there is no way that we will see high growth rates in the economy. The massive federal government spending is resulting in huge deficits. Higher interest rates and increased taxes will be needed to finance these deficits. Both of these will cause a major drag on any economic growth.As a result, unemployment rates will remain at high levels. Finding a job will be difficult for many Americans.We are seeing a major change in families throughout this country. Many moms and dads are considering the pros and cons of joining an internet home based business opportunity. Some are discarding the traditional path of working a job.When talking about an internet home based business, I’m not talking about a job stuffing envelopes or doing medical billing.To pursue an internet home business is not a bad thing. In fact, it is considered a blessing for some. Many moms and dads have considered this type of business before. A job loss or job insecurity can provide the motivation to make this change.Robert Kiyosaki, the best selling author of Rich Dad, Poor Dad, recommends owning a business, rather than having a job, in order to create wealth.Of course, owning an internet home based business is not for everyone. A business owner must be a self-starter, be dedicated and willing to work hard, and be willing to learn and develop the skills needed for success. This isn’t an easy job.I recently heard Mr. Kiyosaki interviewed while promoting his latest book, Conspiracy of the Rich, 8 New Rules around Money. He discussed how the middle class was being eliminated and how holding onto a job was keeping families poor. He talked about how job holders were being held back by current tax laws, accumulation of debt, and coming inflation.He indicated that the working taxpayer would end up being the loser in today’s economy and the business owner would be the winner.Moms and dads need to make a decision. Do they want to play it safe and have a job? Or do they join an internet home based business opportunity?Kiyosaki asserts that holding a job, traditionally considered the safe choice, is actually the riskiest option. So the question is, what do you choose?

Three Reasons Not To Fear Your Home Based Business Competition

As today’s economy is still struggling, many people are finding themselves too fearful to take their first step toward operating a home based business. They are afraid of many things, but one of the things they are most fearful of is their competition. They just do not think they could start up their own company and compete with a company that is already established and may be bigger. If you are too fearful to start your own company in your home, the following are just three reasons why you should not fear any of your competitors:The main reason you should not fear your competition is that they will be providing you with the motivation to do better. When many people start a home based business, they often find they have difficulty staying on task and getting their work done. No one is hovering over them, telling them what to do, and, well, there really isn’t any personal punishment for not getting the work done (beyond the fact that you don’t get paid). However, knowing your competition is taking your customers away from you will give you the motivation you need to do your best.Another reason to not fear any of your competitors is you can use their business to better your own. One of the best things you can do is evaluate your competition and see exactly what they offer and how they are promoting it. You can use your own company to fill in their missing gaps. By offering better quality products and services to your target market, you can be sure your competition is not going to stand a chance against your own business. 
Last, you must not fear your home based business competition as there is always room in today’s world. The key is to not give up. You are going to have to work hard, especially if you are competing with a much larger company. However, if you take advantage of all of the promotional opportunities on the Internet, there is no reason why your own company can not be successful and make your own place in the world.

Considerable Factors Involved in Product Creation & Marketing

The niche you have chosen should allow creation of more than one product or service. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts, to complete turnkey solutions; there is no need to worry about spending time on the real products sold to the customer. The main ones are keyword selection, sales copy principles, graphics, affiliate programs, product creation, online payment processing, auto responders, and search engine optimization.

Once you’ve earned money from this type of information product business, you can invest in the creation of your own products if you want, or start offering more informational products that allow you to sell your knowledge. But the creation and production costs of a similar big ticket in sequence product, although higher, are still pretty low. A key by-product of this process will be the creation of 3-D, Computer Assisted Design art.

The Association for Financial Professionals permits the following activities for repatriating funds: Research and Development activities, advertising and marketing programs, hiring and training new recruits, acquiring patent and other rights to intangible property, improving transportation, funding capital investments with the purpose of job creation and job retention & funding product responsibility or environmental claims.

It prohibits certain activities like: Tax payments, Payment of executive recompense, Payment of dividends, Redemption of stocks, Debt investments and Portfolio investments. Therefore, before repatriating the money, you must consider whether it is worth or not.

Checklist on what artist and product development necessitate includes: Exceptional vocals, musicianship and/or songwriting skills, Continued education and enhancement of musical skills, Quality equipment, Performance ability, Image creation and maintenance, Plan of action, goal setting, excellent promotion materials including photographs, press releases and artwork, Business management skills, Marketing, Publicity and Promotion knowledge, Online and Offline Professional management, Basic knowledge of recording, producing, engineering, and mastering, Basic knowledge of manufacturing, distribution, and sales online, brick and mortar and air-play, Good choices in members, staff and advisors, Physical and mental preparedness, Basic knowledge of finances, accounting Law and legal issues etc.

The goals for doing so are for the product owner to: Communicate the whole, Determine and communicate when releases are needed, Determine what functionality is sufficient for each release & focus on business value derived from the releases. The delivery team on the other hand will see the whole, learn about the steps to realize the vision, learn the business priorities, provide technical input to the roadmap and provide estimates for the projected features. The salesperson must lead the prospect through the various decision criteria needed in order to secure a sale. Whether your idea is the development of a product, launch of a service business, or even the creation of an event or program for a non-profit, creativity is the root of all entrepreneurial efforts starting with the vision itself.

People quickly learn to spend their time on marketing and product creation, rather than repetitive tasks. Apart from empowering companies and individuals, there should be a particular focus on identifying labor intensive businesses that have the potential to make a significant and positive impact on employment creation as well as those businesses that have a product or service offering for export markets with the final objective of booming local economies.