Is It Hard to Make Money from Home?

                                                                          Is It Hard to Make Money from Home?

A lot of us are hearing these days that it’s easy to make money from home. But it doesn’t make sense, does it? After all, if it were easy, everyone would be doing it. And if you come from a blue collar background like my family does, there are a lot of beliefs about money, mostly about how it’s hard to make, harder to keep, and hoarded by greedy people.

Let’s look at some of those:

We’re not used to having it

If you’ve had to struggle to get money your whole life, you’re going to be rather suspicious of any opportunity or person who suggests that it’s not that hard to get.

We’ve got a lot of momentum behind the need to struggle

If you’ve struggled your whole life about money and trying to get it, it’s pretty hard to stop that steamroller in our heads that tells us it’s not easy to make. We have beliefs about the kind of schools you have to go to, job titles you have to have, moral character you have to sacrifice, etc. Read More

Being your own boss doesn’t have to hurt You!

Going into business used to cost so much that it was impossible for about 99% of us. Being Your Own Boss was a headache! Not only did you need enough for start-up, but you needed enough to last through the first couple of months until you got traction. You also needed a lot for lawyers, real estate people, infrastructure, and employees. You had to be aware of stocking inventory and rotating it, all the laws around storage, and all the many laws around employing people. You had to invest a lot in advertising, and you had no idea whether or not it would pay off. To top it off, you had to deal with customer complaints!

The Internet changed all that. Nowadays, you can go independent and get out of the rat race without a huge financial investment or a lot of 18-hour days cleaning up behind the janitor! In fact, with certain business models, you can learn the essentials very quickly and start becoming profitable almost immediately.

Here’s some cost-comparison info for you: Opening an Arby’s costs anywhere between $399,000 to $2,347,500 depending on whether you lease or purchase the site, and what options on the menu you choose to serve.

In addition, there are ongoing fees of 4% of gross sales, advertising co-op fees, training fees, ownership transfer fees, association membership fees, additional training fees, sample fees, attorney’s fees, insurance fees, and your own taxes. These could easily run you up to another $40,000 – $80,000 per year. Read More