The Best Work From Home Business
When it comes to working from home, everyone ultimately desires the idea of making their own rules.
You know what I’m talking about.
- Wake up when you want
- Spend your time how you want
- And do all the things you want to do without any cares or worries
Sure, it is possible but not for most people that are just starting a work from home business.
I’m not trying to burst your bubble. I just want you to have a realistic expectation of what working from home may actually be like.
And in your case, you may still need to keep your full time job until your business is up and running.
And that’s okay.
I recently wrote an article about how to find time for business with a full time job.
Here are some other things that you may not have considered in your dreams of a work from home business.
- If you have children, they may still dictate your sleep schedule
- Depending on the business, your customers may control your work hours
- There are many distractions in your home that may make it difficult to focus on business
- If you are a workaholic, this may cause you to work longer hours than you did at your normal job
Now, there are upsides as well.
- You have control over how you plan your day as long as your customers are happy
- Once you have setup the foundation of your business, your time could become more flexible
- You could earn a substantial income
- You can be there for your family’s most important moments
Let’s remove the “dream business” goggles (similar to beer goggles) and let’s approach this with a clear expectation of the journey ahead.
It’s not always easy but I believe it is worth it for all that you could gain.
Next, we will discuss 2 great work from home business opportunities.
- Real Estate Investment
- Online Business
Stick with me here because these ideas are different than the typical ideas you have heard before.
Real Estate Investment
When it comes to real estate investment, most people fall into 1 of 4 areas:
- Tax Liens, REIT’s, etc
There is no right or wrong strategy. It all depends on the person and their goals.
Now, if you are reading this, your goals are probably:
- Being able to work from home
- Having more control over your schedule
- Creating passive income
- Possibly being able to do this part time
- And not creating another job for yourself
Does that sound about right?
To achieve those goals, I recommend you use the Buy-And-Hold approach, but with a little twist.
Because who really wants to be a landlord?
That could easily become a full time job as you acquire more properties.
If you are unfamiliar with Buy-And-Hold, this is another name for rental properties or investment properties. You simply purchase a property with the purpose of renting it out. Your goal is to create enough income to cover the property expenses and still have some money left over for you. When you do this correctly, you create extra income or cash flow.
With this strategy, you are paying down your mortgage, making money monthly, and you have the possibility of appreciation (the value of the property goes up). It may not be a lot in the beginning, but over time, this can start to add up as you acquire more properties.
When you have renters paying your mortgage, monthly income, and possible appreciation…you can be winning from many directions.
Now, how do you do this without being a landlord? How can you invest and have a passive role in this business?
You can partner with a team of real estate professionals that specialize in income properties. They are experts in buying single family home properties to rent. You can leverage their knowledge and experience to invest passively.
It is not completely passive.
You must still handle paperwork to acquire the properties. This is normal and should be expected. But most things can be handled over the phone or email.
But beyond that, the team is ready to do the heavy lifting from finding, fixing, financing, renting, and managing the properties for you.
Some people may prefer to do everything themselves. That is an option as well. You can request a free game plan and the company can tell you about your options for investing on your own with different strategies including “no money down”. You may be able to even learn how you can invest with no money and no credit. You will have to request a game plan and discuss that.
I prefer to have a team of experts in my corner, helping me make the right choices. And most importantly, freeing up my time.
Request a free game plan now to see how this company can help you.
Because time is a finite resource. Once you run out of time…game over.
So, who is this a good fit for?
This work from home business could be an ideal business for anyone that:
- Has under performing investments
- Has a faulty retirement plan where the numbers just don’t lead to a happy retirement
- Is a new and current real estate investor
- Wants to diversify their investments with real estate
- Is looking for new investments for passive income
- Wants to be a landlord without being a landlord
This strategy is more for someone that has money to invest because you must have the down payment for 1-2 properties to get started.
You also want to have a good credit score. This is typically a 650 or higher to qualify for financing.
The company does offer additional real estate training and options such as creative deals like no money down. You could learn more about this if you are interested. But for me, I prefer the strategy of just investing.
How do you get started?
To get started, you can visit the website and request a free game plan. Then a professional will review your situation and the determine the best way for moving forward.
Once you request the free game plan, you can also create a free account. This will give you access to the company’s newsletter so you can learn more about what they offer.
The best work from home business is an online business. An online business can give you more freedom and flexibility depending on the business you choose.
The best thing about an online business is that a lot of tasks can be done by software or outsourced. This can make your online business easier to operate and manage.
You may not be able to keep up completely with large businesses, but being online has some advantages.
- Can operate 24/7
- Can make money while you sleep
- Can reach people all around the world
- Can run your business from anywhere in the world with an internet connection
- May be able to run your business using a tablet or smartphone
With an online business, your business is always open, always connected, and working around the clock to make money online.
Free List of 28 Resources
Since I mentioned the resource list, I just want to take a little time to discuss it. This free list of resources includes free and cheap resources you can use to start and grow a business. It includes training, tools, software, and other resources. Get this resource list and review it often to find the resources your business needs to thrive.
When most people decide to work from home, they usually look for one of the following:
- Legitimate work from home business
- Work from home business opportunities
- Work from home stuffing envelopes
- No fee work at home jobs
- Work at home jobs for Moms
- Work from home data entry jobs
Most of these are jobs.
Do you really want to create another job for yourself ?
With a job, you are basically trading your time for money.
With a business, you may trade your time in the beginning for no pay, but once you gain momentum, you can start making profits.
And if you ask Jim Rohn, he will tell you “profits are better than wages“.
I prefer having an online business.
Many people assume there is no structure with an online business. There is still structure. Without structure, you would accomplish nothing. But there is more flexibility in the structure of an online business.
An online business could provide more freedom to live your desired lifestyle.
With a work at home business, you can work at your home but you are not limited to that. When you choose the right business, you can work from anywhere as long as you have an internet connection.
When you work at home, you can determine what hours are the most productive for you.
If you want to start an online business, I recommend My Top Tier Business. This training shows you how to make top tier commissions. Top tier commissions is another term for large commissions, typically $1,000 or more. You will learn in this training how much higher the commissions could be. When you can make high dollar commissions in your spare time, you can have more freedom over your time.
This work from home business could be ideal for anyone that wants:
- To earn more income
- To work from home
- The flexibility of a work from home business
- To learn more about online business
- To invest in an online business
- New excitement in their life
- A change in their life
- Something to do in retirement
How do you get started?
If this sounds like the right work from home business for you, it’s really easy to get started. You just watch the video and sign up for the training. Then you can start learning how to make large commissions in your spare time.
Why do I choose online business over real estate investing?
I told you about a real estate investment strategy and I also told you about online business. Online business is the best work from home business.
Each strategy serves a different purpose. Real estate investment can provide income if you already have money to invest or are willing to invest your time to learn and apply no money down investment strategies.
An online business can create income with a smaller upfront investment. Then as the business grows, you can invest the income into real estate, stocks, or whatever you choose. That is the main reason I choose online business first. It can create the income for investments. Then once you combine online business income plus investment income and profits, you can boost your financial outlook.
That is once you get past the learning curve. An online business is still a business and it may take some time to build it.
When you think about your job, in most cases, you can’t just walk in and excel in that job. You have to learn the policies, procedures, and best practices. If you are just starting a business, you need to learn about business and learn the best practices as well.
So if you are ready to get started with an online business, make sure you get my free list of resources. These are great resources to start and grow your business. You will also receive helpful tips and information for online business and investment strategies.
Now, we have discussed 2 great work from home business ideas. You just have to decide if one (or maybe both) are right for you. Then, most importantly, take action.
All the knowledge in the world is useless if you don’t take action and apply it.
The first step in making a change in your life is making the decision for change. But you don’t set change in motion until you take action to propel yourself towards change. Take action today and start your business journey towards success.