 |
| Is Your Work At Home Business Earning $50 000 A Year? |
At one time, work at home was reserved for women who wanted to sell cosmetics to make enough money to cover their beauty treatments and new shoes. Today's work-at-home professional has breached the stereotype and is earning substantial amounts of money. In fact, if you go to www.guru.com, you'll find more than 100 work-at-home outsource people, professional and non-professional, who earn more than $100 000 a year.
In fact, in the writing category, nonskilled writers earn more than $75 000 a year. The potential is there, and the opportunities are valid. However, starting a home-based business, or any work-at-home venture, requires a little research.
Another way to make a lot of money on the internet is HERE
Income Potential
Most people invest $50 – $300 in a new business venture without considering whether the venture can actually earn money. An auction site or a prefab bookstore may earn the owner $1 a product, which means that the business owner will need to sell $50 000 to cover the promotion to meet the average marketing conversion to buy ratio of about 1:10 000. For every 10 000 people, who come to the site to buy, one will. It does not mean that for every 10 000 visitors, one will buy.
Fifty thousand dollars will buy about 200 good clicks a week from a Pay Per Click campaign each week.
Those 200 clicks, and the website's traffic, need to generate $50 000 for promotion and another $50 000 for operating costs and the web owner's salary. The odds of earning $100 000 from 10 000 PPC click-through and the web traffic is almost impossible.
This type of formula will eliminate most business opportunities. Most of these opportunities operate by the theory the lower on the pyramid a person is. The more they work. The less they make.
Drop Out Rate
Statistics claim that 90% of all people will drop out. Even when gurus, mentors, and agents work 1:1 with wannabe work-at-home business owners, the dropout rate is still above 80%. This is because many of these people misunderstand the term passive income, and they take the word work out of work at home.
Time Constraints
Another aspect of the work-at-home business is the time needed and available time to invest in the industry. The business owner needs to be able to calculate the time necessary to operate the business.
Some businesses require education in programming PHP or HTML, and they need extensive research into various Internet marketing methods. They may not need much education at all, just hundreds of hours of Internet marketing and promotion.
Not all small business owners have 40 60 hours a week to invest, and even if they do, they may not have the 3 6 months needed to see results. It is possible to start a viable work-at-home business on a shoestring budget, and however, the trade-off is a delicate balance between time and education.
No one would think of becoming a house builder, accountant, or nurse without an education. But, people expect to be able to start a business and run it without any personal investment.
Work at home business that needs to earn $50 000 a year must have an educational requirement equal to making money, or an hourly rate that must reach $15 – $25 an hour. Each hour of learning, answering emails, talking on the phone, washing laundry, running errands, and going for coffee, must be measured by this hourly rate.
There is work at home jobs such as marketing, coaching, bookkeeping, outsourcing, investing, mortgage broker, debt management consultant, publishing that can generate $50 000 a year without more than a few months of education.
I found the best program and right person to learn how to make this. For more details HERE
Each of these work-at-home businesses will help people earn $50 000 a year and more. The secret to creating wealth is to pick the one that will fit your lifestyle, needs, and abilities.
Photo: https://pixabay.com
