Sunday, November 23, 2008

Multiple streams of income from one business

No matter what your business, you can create many streams of income from it.

Take, for example, a party plan or MLM business.

Did you realize that you can create several different ways to make money from this? This means you can make money whether or not you are having parties or recruiting.

You can make money by:

  • Blogging - sell ad space or use it to get leads.
  • Newsletters - offer info and you can even have a paid subscription to it.
  • Workshops - teach others to benefit from your products or services.
  • Info products - sell valuable information to your customers.

These are just a few ideas - you can get more, I am sure.

Don't limit yourself - maximize the amount of income you earn from your home business!

Wednesday, November 19, 2008

Recession-proof businesses

Recessions are simply a normal part of the economic cycle. Think about it - you cannot have growth that is permanent and unlimited. There comes a point where the economy makes an "adjustment," for lack of a better word. That is simply the nature of economics.

However, there are numerous recession-proof businesses. If fact, there are businesses that thrive during recessions:

Any business that helps collect on bad debts is a business that thrives in a recession. Bill collectors, car repossessors, etc. - they all have a booming business when the economy takes a nose dive.

Debt consolidation companies are also really big during a recession - people are trying to find a way to pay their bills and not declare bankruptcy, so they are more than willing to try anything to keep that from happening.

Bankruptcy lawyers also make out well during hard economic times.

But what about the average person? How can someone have a recession-proof business without creating a huge corporation or investing a lot in startup costs?

Simple: start a business from home.

If you start a home-based business, you can profit more quickly because you have less overhead. You can work your own hours. You can create multiple streams of income.

And that is truly a recession-proof business.

Make money in a recession

Are we in a recession? Many financial "experts" say we are not, but taking a look at what is going on around around us - the stock market plunging, layoffs, etc. - it is hard to agree with them. The key is to not be afraid, but to be smart. There are plenty of ways to make money in a recession.

The first thing to do is to get your finances in order. Follow these guidelines:
  • Don't spend more than you make.
  • Pay off debt.
  • Put money into savings.
  • Prepare for the worst, but hope for the best.

The second thing to do is to realize that recessions are simply an economic reality. There is no avoiding them - they will come eventually. In the past 25 years, we have had 2 recessions (in 1990-1991 and again in 2001). In the 35 years prior to that, we had 8 recessions. Recessions can and do happen. They do not usually last very long (usually a matter of months, not years). You have to be prepared to ride it out.

The third thing to do is to remember this: there are always people who make money in a recession (or a depression, for that matter). The key is that you have to be ready to act when a recession occurs. For example, if you have money to spend and real estate prices drop, you can snap up some super deals and make a nice profit in a reasonably short period of time.

Finally, you need to be able to make money in a recession, and you cannot rely on a job to provide that income. Jobs are notoriously unstable in a recession. For true financial stability, you need to work on building multiple streams of income before you lose your job. You need to have multiple streams of income that you can do from anywhere - anywhere you have a computer, that is. :D

I can help you develop those multiple streams of income, if you would like. Simply click on my link to the right (in the sidebar).

Monday, November 10, 2008

"What if I want to do something other than MLM, party plans or network marketing?"

This is not meant to be a slam against party plans, etc. I think that they can be a great way to make money.

But I also know that there are some moms that don't want to do that kind of thing.

They also want to have their own business - something that they created out of nothing. Something that is unique and their own "baby."

So that is why I created my guide: Shay's Guide to Making Money from Home - No MLM, Party Plans or Network Marketing

This is a simple guide to help you start your own business from home. It explains 3 ways you can start making money from home right away - with no experience and with very little investment.

There are 3 ways discussed in the guide:

  • Blogging
  • Writing (or having someone write for you)
  • Joint Ventures

Anyone can have a profitable home business by using these methods.

Included is also a 7-day ecourse/workshop that is designed to have you up and running in your own profitable business. There is a daily lesson and homework, plus you can ask questions.

All of this for only $7. (Yes, I said 7 dollars.)

Maybe I am crazy, but I really want everyone to be able to have a home business that is profitable and simple.

You can order by clicking below:

Buy Now

It is backed by a 100% money-back guarantee so you have nothing to lose.

-----Shay :o)