I’m sure you hear it alot, but what is a home-run business? And as a corporate employee, why should you start a home-run business? And how can you do it?
Basically a home-run business means choosing your own working hours and working on projects of your choosing.
- Starting a home-run business can be a great way for corporate employees to take control of their career and financial future. Here are a few reasons why:
- Financial independence: Starting a business allows you to be in control of your own income, rather than relying on a salary from an employer. This can lead to a greater sense of financial security and freedom.
- Career satisfaction: Many corporate employees feel stuck in their current roles and may not see opportunities for advancement. Starting a business allows you to pursue your passions and interests, and can lead to a greater sense of fulfillment and satisfaction in your work.
- Flexibility: A home-run business allows you to set your own schedule and work from the comfort of your own home. This can be especially beneficial for those with family or other responsibilities that make it difficult to commit to a traditional 9-to-5 schedule.
- Innovation: As a business owner, you have the freedom to innovate and create new products or services. This can be especially rewarding for those who feel stifled by corporate bureaucracy and lack of autonomy.
- Low startup costs: Starting a home-run business can be relatively inexpensive, especially compared to opening a brick-and-mortar store or office. This can make it a great option for those who want to start their own business but don’t have a lot of capital to invest.
This is unlike employment or your job where you have to work fixed hours and are doing work given to you – like it or not.
You can work for yourself through the following ways;
- Freelancing – where you sell your skills and provide a ‘tangible’ outcome.
- Coaching – where you share knowledge or experiences in how to achieve a goal.
- Ecommerce – where you sell physical products online on Amazon or eBay for example.
- Affiliate marketing – where you sell other company’s products online as a referrer and earn a commission. Perfect for you if you don’t have your own product at this stage.
I firmly believe you should work for yourself for the following reasons;
#1 – High costs of living
With cost of goods and services rapidly increasing, we’re seeing that wages are not going up by the same rate unfortunately. It therefore makes it harder and harder to afford your current lifestyle – unless you have additional sources of income. This is why having your own business can provide a level of security that your job can’t.
#2 – Uncapped income
Linked to the above, it’s so important to create multiple sources of income to secure your financial future. The best thing about starting an online business is that you can leverage existing systems and platforms, and scale up your income. That means the amount you can earn online is really up to you. £1000 a month, £10,000, £100,000 a month? There’s no limit.
#3 – Choose when you work
Sometimes life just takes priority. And this means that your work needs to take a back-step. This is why having your own business allows you to set your own hours – without having to explain to a boss or employer!
#4 – Leave a legacy
What do you want to leave for your kids or future generations? This might be skills, money or maybe you want to be known for something. I believe that you should teach your kids to become financially independent and pursue entrepreneurship where they can. Of course, being in a job is NOT a bad thing. It’s a noble pursuit. But – if you value freedom and independence, then owning a business is the best choice for you and your family.
The one thing that helped me launch my online businesses was the principle of ‘Authority Marketing’.
What is Authority Marketing?
Authority Marketing is a cutting-edge strategy enabling you to join the modern wealthy and make more money in less time, buy working smarter – not harder. It ends with you working for yourself, and not for anyone else. You can start a home-based business using the principle of authority marketing.
It’s about embracing today’s digital world by leveraging the power of online marketing systems to automate selling any product or service to any target audience anywhere in the world.
Step 1 – Identify Profitable Niche
Step 2 – Pinpoint your Audience
Step 3 – Understand what they want
Step 4 – Create your Brand & Message
Step 5 – Launch Marketing System
Step 6 – Promote Offer and make money
Authority Marketing enables you to generate leads and sales online, 24/7, 365 days a year without ever having to chase or convince anyone – or spend your time posting all day on social media.
It even works when you’re not!
The Benefits of an Authority Marketing System?
- Work from anywhere
- Work when you choose
- Answer to nobody
- Total time freedom
- Earn uncapped income
So, time to join the Modern Wealthy. Click here now to learn more about Authority Marketing and how it help you make the transition from frustrated employee to a more present-living Online Entrepreneur, EVEN if you don’t have your own product or niche idea at this stage.
Overall, starting a home-run business can be a great way for corporate employees to gain control of their career and financial future. It offers many benefits, such as financial independence, career satisfaction, flexibility, and the opportunity to innovate. However, it’s important to be aware of the risks and challenges involved and to make an informed decision before taking the leap.