Friday, January 2, 2009

Have You Considered Working from Home for Extra Cash?

By: Bonnie
If you want to know how to make extra cash from home, continue reading. Earning extra cash from home is possible for just about anyone, and I'll give you some ideas for how to make extra cash.

First, you need to work out how much extra cash you need or want. What you do to make the extra cash will depend on that amount.

Second, it depends on how much cash you need immediately versus long-term cash earning ability. For instance, do you just need extra cash now... or do you want to start off earning extra cash, but with a view to eventually turning that extra cash into a multi-million dollar business?

There are some things you can do that give you the option of generating a quick injection of extra cash, continuing to make extra cash on an ongoing basis, or starting off with some extra cash but building it into a significant income source over time. However, for the sake of this article, let's consider how to earn extra cash in each scenario.

Need Cash Right Now and Have None to Invest?

If you need extra cash from home, your options range from getting a loan from a family member, friend or bank... to working overtime in your job (if overtime is available). If asking for a loan or doing overtime are out, here are some other choices. You could sell all those possessions you have that you no longer use. Or you could do service type work at night and on weekends, such as cleaning houses, painting houses, pet sitting, baby sitting, etc.

Need Cash Now and Later?

There are many different kinds of home-based businesses. The key is to sell a successful product or service that is reputable. I won't lie to you, it does take money to start a business. But would you rather invest over a million dollars to purchase a franchise like McDonald's and have to work all the time, or invest a couple of hundred dollars to start a proven home based business?

It can also take some time to turn that part-time home based business into a full-time income that will replace your job. If you are willing to invest in your future though, working for yourself is the way to go. When you work for someone else your income is limited. You can only climb to the top of the ladder. So where is the real top of the ladder where you are at now? The majority of millionaires own their own business.

What if you could have a home based business where it is your own business, but you still have a mentor and coach to teach you how to become successful? Would you be interested then? Most people are scared to step out of their comfort zone. Investing in yourself is usually not an issue of having the money, it is a problem with confidence. If I said come visit me in Florida and I will give you a hundred dollars, but it would cost you $200 to get here, then you would say forget it. However, if I said come visit me in Florida, and I will give you $5,000, would you find the $200 to get here? So what is really holding you back?

You are ultimately the one who determines your future. If you want to continue doing what you have always done, you will get what you have always gotten. If you want to break out of the rut, then have confidence in yourself to take the next step.

Bonnie Foshee I'm going to the top! Would you like to come along? Work From Home

No comments: