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The Shocking Truth of Building Leverage and the Home Business Solution

Imagine for a moment that you are one of those huge success stories you read and hear about, someone that has set themselves free from the indentured servitude of the corporate world … you now have the financial security and independence that allows you the time freedom to live the life that it always seems like the “others” have.

Have you ever noticed how Fortune 500 company executives play a lot of golf, go on exotic vacations, and have more time available for having a quality of life than the average worker has? What is it that enables them to have this time freedom? It’s a concept called leverage. They keep getting paid big, on other’s efforts. They have leverage working for them. You can too, and here are a few ways to get it done.

The Corporate America Alternative
Most people are raised to get an education and seek out the best job they can get. The “Holy Grail” job is the high paid corporate executive who makes a multiple 6 figure paycheck. Rising to this level of income being paid to you by other requires years of “corporate ladder climbing”; long hours, and exchanging your time freedom for 24/7 access from the company. As you find High paid corporate executives are always “on the clock”.

Is Starting Your Own Traditional Business the Answer?
When you start your own business you are wading into a treacherous swamp full of obstacles, hostile threats, and loads of quick sand. Firstly, if you are able to raise the working capital to start a traditional business, you are typically required to have $100,000 – $250,000 in startup capital depending on the business. Then once you are open for business, for the first 5 years, plan on where lots of hats and having no leverage or time freedom. While you may feel free because you aren’t working for “the man” anymore; the truth is that you are just working for another “the man” called the banker. Once you have borrowed money for your traditional business, you are not on the hook, and required to focus completely on making that business viable. This doesn’t account for all of the regulation and/or employee overhead and headaches. To build to a $1,000,000 per year income, you will have to build a $10,000,000 per year business minimum.

What about buying an existing business or Franchise?
Buying a franchise ort existing business actually requires more capital than starting your own business. Expect to begin with large bank loans and instant major overhead. This environment mandates that you commit further than even a traditional business.

Why Home Based Leverage Building Opportunities are much safer and easier.
Even the most expensive leverage building Home Business only costs $25,000 – $35,000 to get started on the high side. In any business you have to apply committed focused effort; the difference here is that you will have little or no debt associated with you home business; and you will only have to manage yourself. In high price point leverage building home business opportunities, you can build an income equivalent to building that $10,000,000 per year traditional business in 2-4 years at a fraction of the cost and risk.

Creating Wealth requires that somewhere along the way you dramatically increase your personal income, and then re-invest that income into passive channels. Your options for creating massive income are limited. You could hold out for the big corporate position; however, that could be here today gone tomorrow. You could build your own business or buy an existing business / franchise; however, expect to be saddled with debt and burdened with employees and regulation. The Leverage Building Home Business alternative provides a low cost alternative to wealth building that still requires the effort in the beginning that any wealth building alternative does; however, as time goes on, you have massive leverage in place, and no debts or overhead associated with the large passive income stream(s). So if you are serious about building wealth and want to do it now instead of in 10 – 15 years, the leverage building home business alternative is your best choice.

Why the Path to an Online Home Business is Inevitable

Did you know that the US government is currently making an effort to encourage families to start setting up businesses in their houses and work from the comforts of their home? This comes in light of the fact that the balance between work-and-family life for working parents have drastically skewed towards work and thus affecting the quality of family life. This, I think, is actually obvious since it is during these times – more than ever – that individuals who support families need to work far harder than ever before to provide for a decent living environment.

Home-Based Online Business as an Option

The option to create a home-based business using the internet is not the first thing that comes to mind when people think of making a living. Many people at first thought would take this idea as nothing more than a scam that is neither stable nor sustainable if you wanted to make it as a means to create a living. But this is really far from the truth. For the most part, people just don’t really understand how the internet online business operates and of course, what we don’t understand, we stay away from.

In reality, the internet has opened up a lot of opportunities – and continuous to do so. If done correctly, starting up a home-based online business can be very profitable. There are literally billions of people going online, browsing the internet, looking for things that they need, information that they require, and ready to spend some money for it. Think of the internet as a “global mall”. And inside this “global mall”, shops and stores are constantly popping up in the form of websites, trying to get the attention of the visitors in hopes that they have what they need and then ultimately make a sale. From an entrepreneur’s stand point, having billions of people going into the global mall daily is a very big opportunity. And the best part? You can create, start and run your own “virtual store” from your home!

The Benefits of an Online Business

Having a home-based internet business provides you a means to start a business without the huge start up cost of traditional businesses. No investments in construction or rentals, inventories, manpower, among others are required to get you up and running. You can practically start your business with less than $50 dollars.

Having a home-based internet business will give you the flexibility to work anywhere you want to, as long as you have an internet connection. You will no longer need to get up early in the morning for that 1 hour commute to work. With the right internet business set up, you can live anywhere and be able to work on the business.

Word of Caution

Having a home-based internet business is not an easy task. It may even be daunting to most people. But it is also not very difficult. As in any type of business, you need to be serious going into the business, learn and put in the necessary time and effort, passion and persistence, to create the lifestyle that you want. Nothing comes for free. Not even in the virtual world.

The High-Performance Entrepreneur Names His Business

There is more to naming your business than just coming up with something that sounds good and you happen to like. Thought must be given to state and local requirements and making sure you do not infringe upon the rights of someone else’s business name.

Legal Requirements and Implications

Picking a name for your business requires much more than just creativity and a working knowledge of your target market. First, you will need to decide which business structure you will use, since each structure has its own peculiarities. For example, many states require a sole proprietor to use his own name for the business name unless he formally files another name as a trade name or fictitious name. Alternatively, some states will file your sole proprietorship under your own name, but allow for the use of another business name.

Similarly, you will need to determine whether your trade name will be the same as the full legal name of your business. Usually, this depends on what organization structure you choose. Of equal importance is finding out whether your name or a very similar name is being used by another business, and if so, what rights they may or may not have to use the name in the area where you do business. Keep in mind that some businesses only file trademarks within their locality, so it is possible that the same name can be used elsewhere.

Search and Registration

Trade names can be registered through your state’s Secretary of State office, and for wider marketplace protection, through the U.S. Patent and Trademark Office (USPTO). You should first use the USPTO’s online system to search all state and federal trademark registers to see if your proposed name is being used.

Domain Names

For many businesses that operate on the Web, trade names are synonymous with some domain names. Domain names are not registered through state or local government; rather, they can be obtained through numerous online businesses, most of which will allow you to conduct a name search prior to purchase to make sure your chosen name is not taken.

Often, people register domain names as an investment. They do not intend to operate a business by the name, but are waiting for someone like you to come along and buy it from them for more than they paid.