http://www.GenerateSuccessOnline.com/?t=dm There is no better time for starting a home based business than today. If you've always dreamed about having your own business, this current economic climate is the perfect catalyst to spurring your efforts.
Just read the headlines in today's news:
- Home Foreclosure Crisis
- Government Bailouts For Automakers
- Unemployment Rate Tops 9.5%
There is no such thing as job security anymore, which is probably not a bad thing since having a job doesn't fit into most people's lifestyle aspirations. With so many American families trying to make ends meet, indicators should prove that today is the right time to secure you and your family's financial future. But, how does one accomplish such a task?
In order to make the transition from employee to business owner will require many to change their mindset. One area within the home business industry that can make this transition easier is the network marketing industry. In particular, one that can be established using the internet. Why is this? There is no recession on the internet. Thus, starting an online business will enable you to generate lucrative income from a recession proof online network marketing business.
There are three advantages to having an internet marketing business. The first advantage is residual income. This is recurring income that continues to come to you long after the work you've done to produce it has ended. Unfortunately, many people don't understand this concept and many more have never thought of it or been exposed to it. Successful authors, actors, and musicians are some of the familiar avocations that produce residual income. The best example of passive residual income is interest earned on money in a bank or other investments. It gets paid or credited to you without you having to invest any time to produce it.