So, how does perspective play a part in choosing the right home internet based business?
Having the right perspective can make all the difference in the world. Understanding both the risks and the benefits associated with potential business opportunity allows you to make more educated decisions related to that business.
Also, understanding your industry, it’s growth potential, and the success rates of those who become involved will help you to prepare for success in advance…
So, here is some food for thought… both, the good and the bad.
Currently corporate America is eliminating 3,000 corporate jobs a day. This means that there are thousands of people forced to find new ways of creating income for themselves daily.
The median net worth of the average American household has been steadily on the decline for the past 2 decades and is showing few signs of change for the future.
Also, if current trends continue…
It’s been estimated that there will be 20 people collecting social security for every 1 person contributing to social security by 2023.
It seems apparent that depending on job security or social security will become more and more the risky proposition.
Is it any wonder so many are deciding to throw their own hats into the ring as small business owners themselves?
The internet and the “Information Age” as many call it have made millions of financially independent business owners and I for one wouldn’t mind joining the ranks. How about you?
Now here are some home internet based business trends I think you’ll find very interesting.
About 95% of all new businesses fail within the first 3 years. However, the success rate increases dramatically for home based businesses. As much as 85% are still in operation after 3 years.
So, hang in there…
The average home based business generates roughly 50,000 annually, and more than 2 million home based businesses bring in over 100,000 a year.
Those are the kind of numbers I like looking at…
These kinds of trends and statistics just scratch the surface, but they also give you some idea about the growing popularity of home internet based business and why that’s the case.