For stay-at-home moms, finding a way to create extra income
can be challenging. There are hundreds of
work-at-home-moms web sites with thousands of different
money making ideas. Sorting through them all, you will
discover that some work-at-home schemes are just that -- a
scheme. Most of the truly legitimate home based business
ideas will fall into one of three categories: Direct Sales,
Network Marketing/MLM and Service businesses.
Direct sales opportunities are a good fit if you are
comfortable meeting new people and presenting your product
to groups of people. Examples of this type of business
would be scrapbooking, costume jewelry sales, kitchen
gadgets, cookware, specialty candles and designer handbags.
Sales are sometimes generated using print catalogs and
showcasing limited quantities of product samples. Other
opportunities have you sell your products by hosting
in-home parties for friends and family. Personal referrals
are an important part of this type of business. Start-up
costs for this type of business usually range from
$100-$300.
Network Marketing and multi-level marketing opportunities
enroll independent distributors, sometimes referred to as
sales consultants, to sell products on which they earn a
commission. Additionally, they receive commissions based
on the sales efforts of people enrolled in their downline.
If you are successful in creating a large downline, the
monthly residual income can grow into a full-time income.
Additional compensation plan details vary with each
company. As with direct sales, you need to have a comfort
level with personal selling and networking. Though some MLM
businesses have suffered in the past from image problems,
the business model itself is legitimate. Network marketing
business opportunities are available in several industries:
health & wellness, beauty products & skin care, travel and
utilities, such as electric service and telephone service.
Some businesses will require online marketing and others
will thrive simply through one-on-one recruiting. As with
direct sales, little to no inventory is required. Start-up
costs vary from as little as one hundred dollars up to
several thousand dollars.
Capitalizing on your own talents, skills or ideas, you can
create just about any type of service business. Charge
clients by the hour or by the job for such things as dog
walking, personal shopping, home decorating, bookkeeping,
closet organization, in-home child care, music lessons,
math tutoring, landscaping and more. You may be able to
start up a personal services business strictly by word of
mouth. Start-up expenses may be minimal--perhaps just the
cost of a box of business cards.
Whatever you choose, keep in mind the scheduling
flexibility and the amount of your time required each week.
After all, you are a busy mom!
----------------------------------------------------
Cathy Yeatts is an online entrepreneur and network
marketer. She is passionate about supplying new internet
entrepreneurs with systems that successfully create
personal wealth. Learn about automated systems to increase
your income:
http://www.internetmarketingincome.com
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