My ideal business Opportunity

[NewMom0208]

Are there opportunities that match all or most of the following parameters? This would make it ideal for me:

1) Is not a scam
2) Initial investment is less that 500 - ok, I'll get to 800 for the right one. (I have office equipment already (laptop, fax/printer)
3) It is not MLM
4) It doesn't require for me to sell to family and friends to make serious money, although I can if I want to.
5) It doesn't require to make meetings at my house.
6) I can start part time/flexible time
7) You can realistically be making 7000 or more a month in two years or less
8) It offers coaching as part of the cost (main purpose is to keep motivation going)
9)It is an industry that makes a difference; natural health, environment, education, children, etc.

Some ideas I have. Still researching... and hesitating

1. Affiliate marketing as described at www.netprofits.com. Niche is alternative health (Tuning in).
2. Tutoring business, where I do mostly business owner more than tutoring myself as seen in whealthytutor.com.
3. Seminar production, where I would produce alternative health seminars. as read in "start your own seminar production business" by Terrry and Rob Adams.


Any insight about those ideas? Experiences?

Any other ideas?

Thank you!!!
My ds is already 13 months and I am still working full time...
I gotta do this!

[kokonutmama]

You're asking for a lot of return ($7000/mo in 2 years) for a very small investment of time AND of money. You're going to have to trump on creativity or some other asset (talent, luck, knowledge) to make it happen... in other words, looking at other people's "programs" isn't going to get you there, imho. What are your talents? Could you borrow money? How much time will you ultimately be able to invest? Are you going to hire someone to watch your little one while you work? If anyone really knows how to do what you're trying to do, they probably wouldn't share that.... it would be too competitive a field to just hand out keys willy nilly.

I'm sorry if I sound harsh. Good luck! I wish you success.

[NewMom0208]

Thank you kokonut mama.
I know it is a stretch, but that is why it is my ideal business opp.
I dream big and aim high, then God will tell how much of my dream will come truth.

I already received some private feedback and you are right that others before me will not give out the 'secrets' at least not for free.

But I did get some guidance an direction. I'll be working on my biz strategy in the next coming weeks.

Currently I can only put about 12 hours a week. And that is evenings and Sunday. Catch 22. ...
I am currently working and paying for preschool full day....I share with him from 6-9pm which is bed time and then on Saturdays all day...not close to enough...I will find the way.

[rainbowmoon]

Freelance writing? (for print)

I could see someone who has it together making that much per month after 2 years if you are really busting your butt. But then you'd have to consider taxes..

Minimal start up as you just need a good computer/fax. Pays about $1 per word.

No coaching though but you certainly could hire a coach, read books, take classes,etc.

[AlwaysByMySide]

Let me get this straight...you want to work part time, little to no monetary investment, working at home, and be able to clear over $80K per year within 2 years? I'm all for aiming high, and putting trust in God, but there's got to be some reality at some point.

As a business owner, I work a lot more than 12 hours a week. I also work outside the house, and have to juggle kids and my at-home business. But the key is that I WANT to work more than 12 hours a week at it, because it is MY business and I want to watch it grow and succeed.

I'd be willing to bet that people making that amount of money are working a lot more than 12 hours a week, and have been at it a long time and/or have invested some money into their endeavors. I don't think any of the businesses you mentioned can REALISTICALLY turn a profit like that in that amount of time, if at all. Those businesses make money off making YOU think that you can turn a profit like that if you pay for their program. You DO still have to put in the work.

If making $80K a year with minimal investment of time and money were that easy, everyone would be doing it. I don't mean to be Debbie Downer...just being honest.

[NewMom0208]

It is ok girls, I feel I pinched a nerve somewhere...
I put my wish out there to get ideas and insight, which is what I always get from you wanderful ladies; useful, compassionate insight.

rainbowmoon had the right idea, she came up with a suggestion.
That is all I am fishing for.

Thank you rainbowmoon, I think it actually firts on my plans... repurposing content I can use that as an alternative source of income

It is tough for me since I don't want to do MLM or similar to MLM.
But, I keep on hunting for a fit.

Thank you! :

[rainbowmoon]

It is not unheard of at all for freelancers to earn $500-$1200 per piece in the world of print, so I definitely think it's doable! you would just need to keep on top of queries and writing.

I only write web content currently but am inspired to go to print. I just need to get more organized!

Good luck to you and if you need a writing buddy please feel free to PM me anytime!

[AlwaysByMySide]

Originally Posted by NewMom0208

It is ok girls, I feel I pinched a nerve somewhere...

You didn't pinch a nerve with me. It looks like you're mostly looking at "get rich quick" schemes that are for sale, and the fact of the matter is, it isn't that easy. But they'll get you to buy their product by making it look easy.

Look at the people who ARE clearing that much money per month, and you'll find that they aren't doing it based on the other parameters you listed. Or, look at the people who are only working the number of hours you mentioned, and you'll find that most aren't clearing that kind of money.

And, I say this as gently as possible, if you are going to need ongoing coaching/motivation, then working from home/owning a business might not be the best fit for you. It is one thing to have a business mentor, who can give you a pep talk every once in awhile if you need it, but if you're going to need regular motivating from an outside source, that could pose a problem.

Could you be a freelance writer? Absolutely. However, the number of freelance writers in the world who are NOT making that kind of money is a lot bigger than the number that are. And the number that ARE making that kind of money are most likely putting in more than 12 hours a week. You could own real estate and rent it out and pay a management company to handle the management part, so you'd be working very little, but there would be a large investment involved. You could study to be a professional gambler, but you do have to put out some money to get some back.

There's lots of things you COULD do if you budged on the time constraint or the investment constraint, or the expectation to be making as much money as you expect within the first two years. But the three of them together...you might as well be playing the lottery. :

Anything is going to take an investment of time, or an investment of money. Or both. I'm sorry you feel that that isn't useful insight, but I personally think that encouraging you to be realistic, rather than spend time looking for a 'get rich quick' scheme to follow, is just as useful a comment as any suggestion of a particular field to go into.

[Smokering]

I do part-time freelance writing. I'm not nearly as organised as I should be and don't make anything near $7000 a month... as in, the figure makes me giggle... but I know some other writing mothers who make much more than I do. $1 a word is a generous estimate for print publications, sadly. In NZ a good magazine pays about 40c/word. It does add up to several hundred dollars per article, but you have to remember that you're putting in a lo of 'unpaid' time querying, thinking about article ideas, refiling your mind to keep up with current events/your areas of interest, etc.

If I didn't have the baby, I think I could work up to making a modest living by freelancing eventually. But my priority is bringing up the baby, and freelancing has to squeeze in the cracks.

I don't say that to put you off. Freelancing is great. It's very you-directed, though. Your 'motivational coaching' will be a deadline from an overworked editor; work will come to you when you go out and find it; work will only keep coming when you keep thinking six months ahead and sending out queries. It's not for everyone, but it's doable.

Now I'd better stop procrastinating and get back to finishing the article due today while DD naps on my arm...

[rainbowmoon]

I thought $1 per word was pretty standard? Maybe less for newbies?

Originally Posted by Smokering

I do part-time freelance writing. I'm not nearly as organised as I should be and don't make anything near $7000 a month... as in, the figure makes me giggle... but I know some other writing mothers who make much more than I do. $1 a word is a generous estimate for print publications, sadly. In NZ a good magazine pays about 40c/word. It does add up to several hundred dollars per article, but you have to remember that you're putting in a lo of 'unpaid' time querying, thinking about article ideas, refiling your mind to keep up with current events/your areas of interest, etc.

If I didn't have the baby, I think I could work up to making a modest living by freelancing eventually. But my priority is bringing up the baby, and freelancing has to squeeze in the cracks.

I don't say that to put you off. Freelancing is great. It's very you-directed, though. Your 'motivational coaching' will be a deadline from an overworked editor; work will come to you when you go out and find it; work will only keep coming when you keep thinking six months ahead and sending out queries. It's not for everyone, but it's doable.

Now I'd better stop procrastinating and get back to finishing the article due today while DD naps on my arm...

[DaughterOfKali]

I'd love to do freelance writing but that would require intact brain cells. Those seem to have disappeared with pregnancy and never came back.

Goodness, I'd love to make even a couple thousand/mo by working at home.

[Smokering]

I thought $1 per word was pretty standard? Maybe less for newbies?

Maybe in America. 40c/word is standard freelance rate in NZ, as I've said. I don't have a huge experience with different magazines, but that does include big glossies like Bride and Groom.

[Maggi315]

Did you get an good leads? I seriously dont think that's even possible, sorry to say. but I am a lactation consultant, nursing instructor, midwife, breed Bernese Mountain Dogs and now will be returning for my masters as a family nurse practitioner. And none of those jobs make that amount of money. except for a full time FNP, but I would be working full time at least.

I would love to be able to make more. Sometimes I think people see how much I make (or my husband who works in sales, as an insurance agent) on paper. but they fail to take into account all the added expenses, stuff you probably aren't counting in such as taxes, continuing education, conferences, paper and office supplies, stamps, gas, phone, etc. etc. And self employed people have to pay self emploment taxes which I think run around 15% or so.

so, when you add all that up, divide by the hours, etc. you are going to be hard pressed to find a job that pays like that.

some job opportunities that I've seen, like writing or editing may pay well per piece of work, the problem is, not many people can submit enough pieces to make the kind of money you are asking for.

anyway, if someone has ideas that would fit the criteria, I think eveyone would love to hear about them! We are all looking for ideas to work from home these days, i've been looking around trying to find jobs for my 19yo to do, because right now, she can't find a job anywhere!!!

[kssinca]

You might want to check out 30 Day Challenge. They teach you how to make your first $10 online. It's free to join.

But you have to come up with the idea yourself, they don't give it to you. Rather, the website teaches you how you can create income.

I signed up for it last year but didn't get to do it. Now DH and I are doing it together.

[Maggi315]

what day are you on? I want to check out the site later tonight, it would be great to hear from people who have done it and were successful (and not just the ones advertising for them, but real people)

[kssinca]

Maggi315, we JUST started. We're only on the preview video and preliminary stuff today.

[rhiandmoi]

Marty Nemko has a weekly radio show here and he always tells people, take something you are already doing, that you are already good at and turn it into a way to make money. I don't think there are any coached programs that aren't MLMs or don't require you to sell to your friends and family. You should really try to make something you want to do anyway into a way to make money.

For example, if you take good pictures - become a freelance photographer specializing in dog pictures or something.

I don't know what your background is in, or your education. But with the kinds of requirements you have I would recommend being a LEED certification consultant or an consultant for another sustainability standard. Depending on your background it could be a lot or a little investment to get the credential and certification, but it is a hot program right now and depending on your ability to sell your services you could easily make $7000 per month. That is probably only 1 project per month.

[kokonutmama]

$1 per word is a high rate for freelance, and the hard part--as I understand it--of freelance writing isn't writing, it's selling your work.

I'm so not trying to be a wet blanket My original post was meant to steer you away from thinking about x amount of money and y number of hours and more toward asking yourself what you have that the rest of the millions, maybe billions, of people in the world who want what you want don't have. Again, I can hear how that sounds negative :-/ I hope you do find the holy grail of WAH jobs. I'll : for you when you do, because we all know how much introspection and plain hard work it took to dig it up.