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How to Make Extra Money From Home - And Why It's Become Essential

How to Make Extra Money From Home - And Why It's Become Essential

By   |   Submitted On February 17, 2009
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Expert Author Alun Maxwell
Making extra money from home has recently been elevated from the 'nice to have' to the 'must have' elements of our lives. Anyone who still 'pooh-poohs' the idea of learning how to make extra money from home is simply 'not with the program'. The global meltdown has made the job market one of shifting sands for everyone. But having committed to investigating how to make extra money, we quickly realise that what we really need is a course in how to evaluate which idea for making extra money is the right one for us. The choices are mind-boggling.
What are our options? That's always a good place to start. Well we could develop our hobby into a commercial venture. We may enjoy building rock gardens, or making soft toys. It's always good to be passionate about what we do but there are real challenges with ideas like this:
Firstly, if our product is time-intensive and depends solely on our physical effort and commitment to time, then the moment we fall ill or fall out of love with our idea for making extra money from home, then the income will stop. Now if we still work a full time job we have that income, but we don't have the time. If we have lost our job we have the time but no money. How can we possibly break the debilitating link between time and money, and make extra money from home whilst still having a life?
Well, perhaps our minds turn to network marketing businesses as the most 'leveraged' way to make extra money from home, because the whole idea of this business model is to duplicate our time and effort. Thousands launch into MLM or Multi-Level Marketing businesses with the hope of making a fortune - never mind simply making extra money from home.
The failure rates are massive though, because this majority will venture into network marketing as a 'something for nothing' deal where signing on the line opens the floodgates to riches with minimal or no input from them.
Their dream of really making extra money from home disintegrates into nothing and very often into a vitriolic hatred of the business model itself. What these people really want is to know is how to make extra money without learning any new skills or developing themselves as business people and as leaders.
But to be fair to these disillusioned folk, building MLM businesses used to be very high on the rejection front and the riches seemed reserved for a charismatic few who could attract people in by the force of their own personality. For the majority, the 'price' of making extra money from home far outweighed the 'prize.'
Who but the few would actually want to invite all their friends, family and work colleagues to a meeting in their living room where they get told frankly by their neighbour that their great idea on how to make extra money from home was total 'guff'? However, the business model of network marketing has changed out of all recognition, and whatever our preconceived ideas have been in the past -with some justification at times - our families need us to break through our prejudices and reexamine the 'new look' business model of MLM.
First of all, if we have a computer and just basic skills - especially 'copy and paste' then we have in our hands the skills to make extra money from home and insulate ourselves from the ravages of the World economy for ever. Also we need to forget the idea of doggedly promoting one networking business only. We need to be more nimble - manoevring ourselves into opportunities that are 'hot' and dumping the 'lemons'.
So then we ask, 'how on earth could I tell a lemon from a hottie?' That's a very fair question if somewhat strange-sounding! With over 430 networking businesses available on the internet right now, the question of how to make extra money from home can be a little confusing to say the least! We could research a lot businesses. But that's a whole gob of time we just don't have. What we need is some kind of 'launchpad' for a Home business that will do all that research for us and plug us into the best networking businesses automatically.
What are the 'best' generally speaking? Well, they are businesses that pay out a residual, repeating commission, rather than a one off. Business vehicles like this are gold dust, because we can be making extra money from home in ten years from a sign-up that occurs this year.
Now we can scour the internet for an automated vehicle that will plug us into a handful of the best paying networking opportunities. That's an option. All we need to remember is that if we position ourselves right, in the right automated vehicle, then we can be swept along with the wave. Hey, even the folks who 'tried MLM' and did nothing can succeed in that. As of this moment the tools for making extra money at home are in your hands. But will you do anything with it? Only you know that.
Alun Maxwell is an experienced online marketer and is part of a UK organisation that helps Home Business owners all over the world use the internet to automate large parts of their businesses. A specialist in one to one business communication he is regularly engaged by multinational European companies to help their executives understand the impact of their words and behaviours on colleagues and customers alike.
[http://www.HomeBiz-Launchpad.com]
[http://www.Building-MLM-Downlines.com]