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Is it Really Worthwhile to Have Legitimate Online Businesses?

Guest post by: Michelle Jayes

Article Overview: Many people when comparing the benefits of running legitimate online businesses from home against a regular job will tell you that you will have the kind of freedom that a normal job will never give. Although this is great it really is impossible to measure accurately between the two.

Is it Really Worthwhile to Have Legitimate Online Businesses?

Many people when comparing the benefits of running legitimate online businesses from home against a regular job will tell you that you will have the kind of freedom that a normal job will never give. Although this is great it really is impossible to measure accurately between the two.

At the beginning of 2010 the unemployment rate had grown considerably and some reports even claimed that as many as 9 million jobs in the USA

alone would not be reinstated when the economy improves. Traditionally the advice that most high school teenagers were given was to stay in school graduate and get a professional degree if they wanted to be successful in life. Unfortunately this advice is no longer valid if you look at the amount of money the average family spends in a year.

To begin with you will work for approximately 4 months just to cover your taxes, so for every 8 hours that you work 3 hours of pay will go to the taxman. Even in the depth of the recession the average worker spends the best part of $1.25 for every $1 earned. If you consider that it costs about $250,000 to raise a child from birth to the age of 17, this after your regulare everyday living expenses it becomes quite scary.

This is exactly why so many people today are looking at the possibility of working from home to earn an online income. Globally more and more people are working from home and in the United States alone there are close to 36.6 million home based offices. Combined these work from home

businesses generate in the region of $427 billion of revenue. This is more than the drug, medical and hospitality industries generate when added together.

It is estimated that more than 50% of businesses started every year will be online businesses run from home. Another point is that these businesses have quite a high rate of success over a period of time. Starting an online business from home is not the ideal for everyone but it is something worth considering when one looks at the statistics.

Working in a regular job and taking in to consideration the state of the economy and the normal living expenses that an average family has then a small online income business can be a viable proposition. A small business from home can be either a good source of additional income or it can in time totally replace the income from a regular job.

You must keep in mind though that it takes a certain type of person to run a home based business successfully. You need to be motivated and self disciplined for it to work at all. If you think that earning an online income from home is an option for you in the future then check out the statistics as they are certainly in your favor.

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Article Tags: freedom, job, legitimate online businesses



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Re: New forum - online businesses! - That's great news Evan! Congratulations Jeff on becoming moderator of Online Businesses, I'm sure you'll do a brilliant job! Take care, Carol
Re: UPDATES: New Campaign! New Layout! New Ideas! - [quote="Ringo So":2696kbgu]Trent - It's actually a sub-forum within the "Making Money in 2010" category. Please let me know if there are any troubles finding it.[/quote:2696kbgu] Nope, still don't see it. I see the Online Businesses forum but that has been there for a long time. Is that what you mean? I don't see any Internet Marketing section.
Re: UPDATES: New Campaign! New Layout! New Ideas! - GT - thanks for the FYI - I'm not sure if we'll put a link back. Something to consider though! Trent - the new category is "Social Network and Media" which was put in to compliment the Online Businesses category that currently exists. Overall the new categories are: - Looking For, Networking and Events - Review My... - Social Network and Media - Brags and Rants These came as a result of Ringo doing research on other forums and thinking about what could be improved on ours to give a better experience for everyone. I hope you enjoy them! David, I'm looking forward to reading your Brag / Rant!
Internet Users Hbk http://www.internetscamsanonymous.com - Current site for sale of our handbook as a Clickbank product Welcome any and all feedback: Sale page Content Handbook Content Pricing Too Big Considering braking it to 2 volumes: Avoiding Scams Online and Doing Business Online and maybe ad 3rd volume related internet technology Kind of like selling preventive medicine!! Thank you in advance for your interest and comments
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