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February 28, 2007

Smart people start a part-time business for extra income

You need extra income to buy your children new school clothes, you need extra income to help pay your monthly bills, or you need extra income to help pay off your credit card debt. So want do most people do when they need extra income? Most people think about looking for a part-time job when they need extra money to supplement their income.

Is a part-time job really the answer to extra income? When you leave your full-time job and you need to rush to get to your part-time job, your time becomes very limited for yourself and your family. It will be hard to cook or have a good home cooked meal for you and your family until you have a day off of at least one of those jobs. Your family and friends will hardly ever see you. You and your spouse will be like strangers passing during the night. Having a part-time job will take away most of your free time. Eventually you will get tired of working two jobs, and you will most likely quit the part-time job. Then you will be back in the same situation you were in before you got the part- time job. Unfortunately, working one job for most people means living paycheck to paycheck or being just over broke, and working a part-time job for extra income is only a temporary solution for the problem.

It's much smarter to look for a part-time business opportunity that you can start for a permanent solution to extra income. You can start your part-time business working from home. A lot of people are working from home now. You may know some people right now who are doing it. If you work part-time from home, you can work around your other responsibilities and activities, and you can also still be there for your family. Your earning potential will be much greater so having your own part-time business could eventually free you from your full-time job which is not paying you enough money anyway. Your part-time business could eventually give you more time freedom to spend with your family, travel or whatever you want to do with your time besides work.

You don't have to worry about finding a product or service to sell because there are lots of companies offering legitimate part-time business opportunities and they will also train you. You just need to find the company you want to work with that has a product or service that you like and believe in. Once you have found a company that you may want to work with, try out their products or services first. If you like the products or services and you believe the company is sound and stable after doing your research, the next thing to do is apply to become a distributor. You will need to pay the required fee to get started which is normally a small amount of money. Some part-time business opportunities cost as little as $10 to $100 to get started. You may need to purchase some products, and then you are in business. You should work closely with your sponsor so you can learn the companies system for the best results.

Once you get started with your part-time business, go to the trainings and learn as much as possible about your company and your products. Attend as much training as possible. You can also attend any out source trainings you may find interesting because they can also be helpful for growing your business. If your goal is to eventually quit your job and work your business full-time, give your business time to grow before you start thinking about quitting your job. You should never quit your job and jump into a business especially if you do not have any prior experience of running a business. Keep your full-time job until you are sure the money is coming in to pay the bills, and you feel comfortable quitting your job. Read Rich Dad's Before You Quit Your Job by Robert Kiyoski before even considering it.

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About the Author:
Sheila enjoys working her part-time business from home, and she also enjoys sponsoring and mentoring others, and helping them find success with their home-base business. Click here to learn how you can start your part-time business with Pre-Paid Legal Services.

1 comment:

Christy said...

Great post! It is hard to stay balanced when you're a mom. You need to work, you need to be there for your kids, there's so much to do. I have seen some moms make extra income with part time business's, but they have to make sure that they know a little bit about business (selling) before they get started. I had a neigbour who invested thousands and sold very little, because she didn't know how to sell.