A Guide to Business

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Balancing Work & Family

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The number of work from home opportunities can be over whelming to many as they start their search for what may be right for them. No matter how over whelming it may be one must sort through the various opportunities presented in order to decipher which opportunities are legitimate and can actually produce an income and which one's are scams designed to only take your money.



There are choices in what type of home based business opportunity you will want to use. There are many network marketing (MLM) opportunities as well as Online Affiliate marketing plans and actual work at home jobs as an employee for a company.

Starting Your Own Business:

The choices are almost limitless and all depend on your personal interest.

Many people start an EBay Business. While it is highly competitive, money can be made from doing so. You can search the Internet and find drop shippers who allow you to sell their products under your own label and will then ship to your customers using a return label with your company name on it. Another way to start an EBay business is to buy from Flea markets and Garage sales and then add a markup and list it o EBay for sale. One last way and one I did at one time is to buy return merchandise and resale it on EBay and at Flea markets on the weekends. A simple net search for return merchandise/salvage merchandise will give you plenty of buying options. The biggest problem with selling your own merchandise, is no matter how you plan on doing it, you will have to keep items in stock. This usually means setting up a room, your garage or where ever you have space to store, repair, and pack your items. The more inventory the better. You will need lots of stock to actually profit on EBay or at your own garage sale. If investing in inventory and online sales is what you desire there is money in it for the willing.

Online paid Surveys:

There are companies all over the world who need people to take surveys of their products. The surveys help them advertise, distribute and design better products. Many companies are desperate to understand how you think and shop and what motivates you to buy their products because it helps companies improve their products and advertising, they in turn then pay YOU good money for your opinion. Online surveys can be fun, and exhilarating, and, they can make you money from home giving you more of the precious time you need with your family.

Affiliate Marketing:

Affiliate marketing is simply being paid to promote other peoples products. When a sale is made from your affiliate web site you make a commission from the sale. But it doesn't stop there. Not only do you sell products you build a residual income by signing others under you as an affiliate of your programs. As they make sales you get a percentage. It is actually one of my preferred work from home opportunities because there is no inventory to stock, all sales are made online. You simply promote a product. Affiliate marketing has become a significant force in how commerce on the web occurs. Thousands of merchants now use affiliate marketing to get business done. Affiliate marketing is simply connecting buyers and sellers and paying those people who facilitate the connections. It is all done from the comfort of your home using your personal computer. Many people are now making a significant income with Affiliate Marketing.

Network Marketing:

Network marketing has been described as the “Greatest opportunity for ordinary people to make an extraordinary income”. There are many advantages in both life and financial aspects in Network marketing. First off, it allows you to build a significant life changing income and more importantly it allows you to build it at your own pace. Unlike the Corporate world where employees are burdened with deadlines and quotas you set your own pace, work it as little or as much as you like. Many Network marketing companies design their individual growth plan around working 2 hours a day in the comfort of home. But that's not a demand. Many people work their business just a couple hours a week while others work it far more. The beauty of it is the companies put no demands on you and whether or not you are successful, if you work it 50 hours a week or just a couple they will continue to invest in you no matter your success level.

The tools you need for success will be provided for you, such as online business presentations, video and written script, a promotional web page tagged with your business ID, telephone scripts you can use when calling a contact you may not know, marketing programs and many more all designed so you can promote your business and make a living from home.

Another benefit is no experience needed. Legitimate Network Marketing companies will provide online training through video presentations and one on one mentoring with those who have already gained a level of success. Virtual training is a major player in the Network marketing world allowing you to learn at your own pace. The only requirement you need is to be teachable. Approaching your new business venture with an open mind and willingness to apply what is taught is the number one factor in having a successful Network Marketing business. The truly great part is anyone can do it if you are willing to learn.

There are many other types of work from home jobs available such as Data Entry, Day Care, Medical Transcriptionist, etc... But few that offer the freedom and financial gain of Affiliate Marketing and Network Marketing work from home opportunities.
Balancing Work & Family
We have successfully juggled these roles (mother, father, husband, wife, boss, partner, etc..) without driving each other crazy by following five "golden rules." I'd recommend them highly for any family, but especially when spouses are in business together and they want to stay being happy.

Rule # 1: What happens at work stays at work, what happens at home stays at home

One of the most important things my husband and I do is make sure that business issues stay at the workplace and family issues stay at home. We might have a disagreement at home in the morning, but when we arrive at work it's like nothing has happened. We'll return back to our discussion when we get back home.

Rule # 2: Establish clear job roles at home and work.

When we started working together, my husband and I looked at each other's strengths and weaknesses in similar fashion to a SWOT (strength, weakness, opportunity, threat) analysis for business. From this exercise, we have decided that I should be the CEO and my husband act in a CFO capacity. He has a strong financial background, while I'm more the outgoing person who likes to get deals done and execute on them. We have defined our business roles and responsibilities as a result.

The same goes at home. I take care of all the grocery shopping as well as cleaning and cooking while my husband does all the finances, car maintenance and yard work. In both instances, we wrote down all our roles to the smallest details. I can't tell you how many arguments this has saved us over years.

Rule # 3: Mom is the boss at home, period

Someone has to be the arbitrator; there are just some instances where you can't reach consensus. In those cases, Mom gets to make the call, but does so with the understanding that she's accountable for it.

Rule # 4: Family is always first

Regardless of what goes on at work, family is always first. For example, we avoid work on weekends to make sure we do activities together as a family. If weekend work must be done, it is conducted only after our son goes to bed.

Rule # 5: Dedicated time with kids

While I do work a lot of hours, I take time out three days a week to pick up my son from school and spend the rest of the afternoon with him. My husband does the same thing the other two days of the work week. It's great to be able to rely on each other to make sure that business gets done while still taking time out for what's most important.

Choose your partner wisely.

My husband and I were able to make these "rules" official for our family by writing them down on paper and signing on it. We now hold each other accountable for our actions. Most of the time, actually, we make fun of each other and turn it into a fun process for us.
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About Author
Both Stephen Meyer & Zeynep Ilgaz are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Stephen Meyer has sinced written about articles on various topics from Programming, Home Based Business and Home Businesses. Stephen Meyer, A successful home based business Entrepreneur who proudly helps others build their own profitable Home Based Business.
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