Working From Home in the 2008 Economy

The economy is very unsettled right now. One day the stock market is up, then next it is at its lowest in years. Records are being broken multiple times over in a very short period.

Gas prices were up, now they are at levels not seen in 4 years. We are not in a time where financial confidence is high.

Some say it is a good time to buy stocks, other say hold on because the market is going to go even lower.

I have no investment advice for you, sorry.

The one thing I can say is to invest in yourself. If you are employed look at what you can learn to ensure that you stay employed or even move up the corporate ladder. If you are self employed, how can you take care of your current customers to keep them returning.

For those not employed, I do hope that things turn around.

We are living in troubled times right now. Take care of yourself, learn as much as you can to improve your employment and keep a keen eye on your investments.

Michael

Making Time To Make Money

You know the phrase, "Time Is Money". How true it is.

The past few months I started cutting back on the number of websites I run. Many were not even making enough to cover their share of the server.

I decided to focus on just a few topics and manage my time better. In the past I talked about hiring a VA. This is something I may do in the future, but right now I am running a shoestring budget.

When looking into a make money venture, consider how much time you will spend.

Sorry for the delay in updating the blog. I hope to have some new products up soon.

Michael

Working From Home in 2008

Last month I started as a distributor with a company called Send Out Cards. I signed up as an entrepreneur and got my kit about 2 weeks later.

It cost $400 to get the entrepreneur license and is well worth it. This program is one of the best I have seen. If you want to try it out, just click on the link above and you can send a card for free to try out the system.

If you are interested in promoting Send Out Cards, let me know and I can coach you on the program.

Take Care,

Michael

Home Business BLOG Moved

I moved the BLOG from blogspot to hosting on my server. This is something I should have done a long time ago.

The RSS feed should transfer. I'm going to work on that next.

After all the set-up is complete I want to start working on the design.

If you experience any problems with the transfer let me know.

Michael

Buy And Sell Websites

I made a video on a new FireFox plug-in that helps me evaluate websites to buy.

There are other uses for this plug-in that can benefit anyone.

Watch the video on the link above to see the power of this neat little tool. And if you are not already using the FireFox browser, now is a great time to get started.

Michael

Start Your Own Home Business

I was going to do an article about virtual assistants tonight. But then I saw this post "Should You Start Your Own Home Business?" by Guy Kawaski.

You don't always need to start your own business to work at home. Do you think that your current job could be done remotely? How about twice per week?

That was a real eye opener when I read that in The 4 Hour Work Week. Working from home isn't for every job, but you don't have to start your own business to work from home.

That said, if you work from home for a business you will not have the same freedom that running your own business from home can bring.

Just something to think about.

Michael

Working By The Hour vs Fixed Income

Do you get paid by the hour or a set amount for completing a project?

Getting paid by the hour makes it easier on the home worker just starting out. This is because figuring out how much to charge for a project can be difficult.

Once you can figure out how much time it will take then you may want to consider charging by the project.

The only problem with a set price for the project is that the customer may change what they want after you already started. It is best to have a defined outcome with exact specifications before starting. Then adjust your price each time the customer changes what they want.

Be very detailed in your documentation. Fixed project pricing can have benefits, but so can hourly billing.

Michael