Home Business Ideas

Written by Blaire Chandler-Wilcox
Bookmark and Share

Home business ideas, for many people, are the new symbol of success. For some, "The Mom in the Gray Flannel Bathrobe" is a better image than "The Man in the Gray Flannel Suit." It might not be as obviously glamourous as wearing a ritzy outfit to a ritzy office in a ritzy part of town, but there's a growing number of individuals that, for various reasons, think ritzy is overrated.

Now, obviously, there are people out there making incomes of over $100,000 a year through bona fide multi level marketing business opportunities from home. But let's say that an individual doesn't want to put in the kind of time that being a millionaire in any industry would require. Can that individual also quit his day job?

Yes. Financial independence doesn't necessarily mean being able to buy a Mercedes every other Tuesday. That's nice, of course. But for some people, financial independence is less about being able to spend more money, and rather more about being able to spend more time. Some people, when they start to achieve financial success through home business ideas, are actually able to scale back their living expenses, and therefore meet their needs easily by working just a couple of days a week.

I'm Making So Much Money I'm Going To....Spend Less?

Some people find it's effortless to scale back once they start working from home because their day job was costing them money. Add up how much gas you spend on your commute, how much you spend on clothes for work, for meals at work, and how much mileage you put on your car. And time: time equals money, right? How much time is spent getting ready, time in the car there and back? Just for fun, add up all the expenses you incur by going to your day job. Add the hours you spend outside of work to the total of your work week. Do the math. It may surprise you that your first step to financial freedom might be quitting the day job.

Home business ideas, on the other hand, can lead to careers that don't require that kind of day-in-day-out time and money investment. To be sure, you'll probably spend a lot of time in the beginning getting it up and running, and most likely have to fork over some money to get started. But if you choose home business ideas that really speak to you, then the time you invest won't feel like work. And if you find a company that offers a product or service you really believe in (and if it offers residual income, and if it's a product that already has a following....) then chances are you'll recoup your investment in short order. Financial freedom means different things to different people. Figure out what it means to you.

Bookmark and Share