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August 31, 2009 - by Rodrick Etienne
  
"The Top 6 Reasons Why The Working Class Must Consider Starting A Home-Based Business!"

The fact is no matter who you are, whether you are young or old, weak or strong, if you aren't wealthy, this may be one of the most startling and eye-opening articles you will ever read.

You'll soon discover why there are several million home-based business owners and why you'll strongly consider becoming one after you finish reading this article.

By now, you've probably come to realize that your life hasn't turned out exactly how you envisioned when you were a little kid day dreaming about becoming extremely successful within your chosen profession.

Whether that was to become a lawyer, doctor, singer, dancer, professor, a scientist, helicopter pilot, a successful business owner, and etc...

There's nothing worse than not achieving your dreams and living life on your own terms, waking up to a life of mediocrity and boredom.

As if that's not bad enough...

You work your fingers to the bone every single day, earning an honest living with nothing to show for it.

Still living paycheck-to-paycheck, robbing Peter to pay Paul.

It gets worse as you get older because, if you don't have any money now, where will it come from when it's time to retire?

Pretty scary stuff, isn't it?

I'm not trying to send you into a shock, but if you're not already wealthy or don't have a plan in place to get prepared for how you're going to live a great life in your golden years, it's time confront this fear. You can run but you can't hide and the sooner you get started, the sooner you'll get on the right track.

Being proactive will give you all the confidence and momentum you need to turn your financial future around!

Job Security Is A Thing Of The Past

The reason the big corporations are downsizing is because they are out-competed by smaller mom and pop type of businesses that a great deal of the time offers better service and provides better client services.

  Consumers love the personal interaction with companies that offer better client services. A lot of big corporations are very impersonal treating their customers as ordinary commodities.

Another reason for corporate downsizing is it's very challenging to constantly upgrade their computer systems to remain cutting edge.

Think about how much it would cost a big corporation to buy new computers for 3000 employees, if each one carried a price tag of $2000.

The total price would come to about $6 Million dollars...

That's a lot of money!

According to Paul Zane Pilzer, as he stated in his book, The Next Millionaires, "The Traditional Wisdom" in the second half of the twentieth century was this: go to school, get a good education and go to work for a good company. The idea of "going into business for yourself" was most often regarded as risky. Admirable, perhaps, but risky... and maybe a little crazy. Today, it's completely the other way around.

Today, it's risky to work for a corporation! Today, it's far more sensible to go to work for yourself. We're in the midst of a boom in home-based businesses, and it shows no signs of slowing.

Unable To Retire And Have To Either Continue Working Or Return To Work In Order To Make Ends Meet

It's no secret that a lot of our senior citizens aren't able to support themselves financially. This is an absolute disgrace on our system, because hardworking people deserve to be able to live at minimum a comfortable lifestyle in their golden years.

Look at the news, magazines, newspapers, the Internet, and at your interaction with people everyday...

What do see?

People losing their jobs, homes, cars, entire 401k retirement accounts, and savings almost overnight!

With this continuous process of loss, how can you save up enough money to save for your retirement if you continue down this same path?

How will you be able to leave a legacy for your family if you don't have enough money for yourself?

I know people that are 70 years old having to return back to the work force because they lost their entire 401ks.

Can you imagine, how humiliating and sad you'd feel if you had to go out and find a job at that age, especially when you know you'd be discriminated against?

Living Dangerous With No Medical Coverage Due To Being Laid Off Multiple Times

Medical Insurance is extremely expensive if you have to pay for it out of your own pocket. This is one of the reasons why most companies hire temporary contract workers.

It's extremely dangerous not to have medical coverage in the event of an emergency, which will cost you thousands of dollars for even the simplest ailments.

Imagine what it would cost to have a major surgery performed.

Your medical bill would be astronomical!

This is a catch-22 situation, as you didn't chose to be laid off over and over again.

Or be forced to work temporary jobs, because those seem to be the majority of what your options are in today's volatile market.

You'd prefer to work a permanent position, that provides great medical and dental benefits.

The good news is that Tax Laws in the U.S. have made it possible for home-based business owners to get great health benefits at affordable rates.

The Average Career Last Only 7 Years And Is Getting Shorter

When new technology replaces old technology, chances are jobs will be lost.

One of the reasons this occurs is new technology may be able to perform the work of 100s of human workers at a fraction of the cost in a more efficient and faster way.

A classic example is farming...

Many years ago, the farmlands were worked by 100's of workers.

Fast forward to the Industrial Revolution with the advent of farm equipment, such as, tractors with plows.

These heavy farm machinery was able to plow the fields in a fraction of the time.

These advancements in technology, put 100's of people out of work seemingly overnight.

Mr. Paul Zane Pilzer in his book The Next Millionaires explained that this rapid growth in technology causes the average career to last 7 years and the average job 2 years or less.

Isn't that what's been happening around the world?

You may have been a victim yourself.

The Risk Of losing Your 401K Retirement Because It's Embedded In The Stock Market

Robert Kiyosaki stated in his book Rich Dad's Prophecy, "For the first time, millions of baby boomers began to realize that a 401(k), IRA, and other such plans, filled with mutual funds and company stock, were not as safe as they thought or had been told by their financial planner."

Mr. Kiyosaki was referring to the Enron scandal and how thousands of hardworking people lost their entire retirement savings.

He said this should be a wake up call for all of us.

If you currently have a good job, you must never get too comfortable in thinking you will never be laid off, even if it's with the government.

How many stories have you heard in regards to retirees losing their entire 401(k) savings?

It's in the news everyday.

The Prophecy was published in 2002 and according to Robert, his Rich Dad warned him of this difficult economy that we're facing way back in the 1970s and 80s.

Employment Gaps Can Destroy Your Credit Ratings Because Of Missed Creditor Payments

You may argue that it wasn't your choice to have several gaps in your employment, but your creditors don't care about why you aren't paying them, they only want there money.

You can have the best of intentions of making your payments, but unless money exchange hands...

Your credit score will continue going down.

This unfortunately leads you to paying extremely high interest rates on personal, car, and home loans.

This low creditor score could also prevent you from qualifying for any kind of loan.

You may not be able to purchase something as simple as a cell phone in your name.

This hardly seems fair, but while you maybe a victim of the economy and the system, you must take responsibility to create a plan to move in a new direction to change your situation.

This article is only a summary of very complex and emotional situations that the world is facing in regards to the global recessed economies and the hardships that are affecting us all.

That was the bad news, but here's the good news...

Starting a home-based business will be the key for your future survival let alone becoming wealthy in this new information age.

If you've been struggling with finding consistent employment, depleted your bank accounts, gone through repossessions, foreclosures, and all the other hardships...

Don't give up, because you do have hope if you are willing to take a new route and go against conventional wisdom.

How can you not, when you look around and see those old industrial-age ideas of going to school, get a good education and go to work for a good company no longer work?

You don't have to quit your day job and should consider starting a part time home-based business to supplement your income. Dependent upon how ambitious you are and your financial goals, you can build it to a full-time income where you will have the option of quitting you job.

A home-based business will provide you with a lot of the same tax benefits as those big corporations.

You'll be able to write off things, such as, business seminars, business trips, mileage, the space you are using for your home office, office equipment, office supplies, computers, printers, fax machines, part of your utility bills, and the list goes on.

As a home-based business owner, the government recently passed tax laws that allows you to purchase better medical insurance than you'd get at most companies.

You can start your business on a shoe-string budget if you are willing to do most of the work yourself, at least in the beginning until you are able to hire independent contractors to do things that you aren't good at or don't want to do. This will keep you focused on the important tasks that will allow you to become more profitable.

A successful home-based business has tons of benefits and can provide you with the best chance of becoming financially free, so you create your own security and won't be dependent upon shady corporations to protect your retirement accounts.

Just look at what happen with Enron!

If you don't start a home-based business to prepare for your financial future, what will you do?

I've painstakingly created a 7-Day eCourse that walks you through the exact steps you need to take on creating your own home-based business strategy...

Click Here To Enroll For FREE!

Source: http://www.homebusinessgrowthcenter.com/articles.html