Make Money From Home

5 Reasons to Resolve to Make More Money From Home in 2010

By L. R. Hand

It's been a few weeks since you made your 2010 New Year's resolutions. There are many people who didn't set any resolutions or they've already given up on the them. After all, aren't they the same resolutions you make year after year? Get a better job, stop smoking, get out of debt, lose weight.

Well, this is the year to accomplish your financial resolutions. In order to do that, I know the best way is to build your own home based business. Actually, there are five good reasons why you should.

The Economy

The current economic recession is the first reason to build your own MLM business.

The last 2 years have been trying for many people. It seems every day we get more bad news about the economy. If you look at the signs of double digit unemployment, a growing trade deficit and an exploding national debt, it all says we are in a recession. But a recession is great news for those in network marketing.

This is because people want to discover a way to make more money. They are coming to the MLM industry because they are able to work a full time job while building their business part time to guarantee their financial future.

Being Your Own Boss

The next reason to start a network marketing business is being your own boss.

No one wants someone telling them when they have to be at work. Telling them how much they are worth. When you can take vacation. Telling them they can't stay home with their kids. Or if they can advance with the company. But that is precisely what happens if you work for someone else.

When you are your own boss, you can set your own hours. Give yourself a raise anytime you like just by working a little harder. You schedule your own vacations for whenever you want. You can stay home with your kids. When you are your own boss, you are creating time freedom for yourself. This freedom, to be in control of your own schedule, allows you to be more attentive to what is most important to you.

And after all, hasn't it always been the American dream to be your own boss!

Create Financial Security

The third reason to be a home business owner is to establish financial security.

What did Rockefeller, Vanderbilt, Hearst, and Johnson all have in common? They created generational wealth during an economic decline. They pulled themselves up by the bootstraps, while those around them were waiting on a handout (a bailout is what we call it today). With the proper time and effort, the same opportunity for massive success is available today.

What is generational wealth? Generational wealth is the money and things of value that you pass on to your heirs. It is the foundation of a family legacy.

The great thing about most network marketing businesses is that the business can be willed up to three generations. That means, as you are building your business and securing your financial freedom today, you are also developing a way to provide security for your family tomorrow.

Taxes

Taxes are the next reason to build your own home business.

The tax benefits are one of the most important things about owning a network marketing business but often the most overlooked. Are you aware there are over 150 legitimate home business tax deductions under the current tax code? That means you can deduct almost every expenditure you have in building your business. You just have to show an intent to make a profit by building your business at least 15 hours a week. (And who isn't able to make a profit by really working your business?)

The Internet

The final reason I think you should build a home based business in 2010 is the internet.

It has never been easier to market your business than with the internet.The best thing is even a novice can learn how to market online. There are some excellent training programs out there that won't cost you an arm and a leg (By the way, training and education expenses are tax deductible).

Most network marketing companies today have some way of marketing online, although most people don't take full advantage of it. To be really successful, you want to take advantage of the internet by branding yourself using SEO (search engine optimization) techniques and Web 2.0 strategies. These techniques are easy to learn. You also want to find someone who is having success using the internet and utilize them as a mentor.

The great thing about the internet is there are various ways you can market for free. You don't have to use every single one of them. However, if you become adept in just a a small number of them, you can earn yourself a very handsome living for your efforts.

Another good thing about marketing your business on the internet is that you can leverage your time and efforts. With traditional marketing techniques, you have to continuously perform the same action in order to generate leads. But with online marketing, your original marketing effort is still working long after you perform the action as long as you have done it correctly. So as you continue to market online, your efforts are being compounded.

You have a choice to keep doing what you are doing right now and have the same results you are having, or you can choose to do something new and change not only your life but your family's as well. Do your own due diligence and find a home based business that you can succeed in today!

If the time is right for you to secure your family's future, then L.R. Hand is here to work closely with you in your home based business. We have a Formula for Success using the internet and will teach you how to have success as well.

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