Posts Tagged ‘Additional Income’

How A Lady Stumpled Upon A $100000 A Year Business Working On Sundays

Thursday, May 27th, 2010

After buying their first home, Debra Cohen and her husband faced the unenviable chore of finding reliable home improvement contractors. Fed up with blindly picking names from the Yellow Pages and waiting for contractors who didn’t show up, it occurred to Cohen that if she and her husband were having trouble finding contractors, other homeowners in their community must be facing a similar predicament. This bleak reality sparked the creation of a unique service that has since expanded into a profitable cottage industry across the U.S. and internationally.

After extensive conversations with lawyers, business consultants, contractors and insurance agents, Cohen, 38, started Hewlett, New York-based Home Remedies of NY Inc. from her home in February 1997. This stay-at-home mom used a $5,000 loan, a computer and a refurbished fax machine to launch her part-time business. Right away, the response from homeowners was tremendous, and after three months in business, she repaid her loan. Her gross earnings in the first year were almost $30,000.

Today, Home Remedies is a contractor referral service that matches home-owners with reliable home-repair workers. The appeal to customers is that the company takes on the time-consuming task of locating and screening qualified contractors, checking to make sure they’re adequately insured and licensed, and serving as a liaison between the contractor and the homeowner throughout the course of a job. Home Remedies provides a win-win situation for both parties: Services are provided free of charge to the homeowner, and contractors represented by Home Remedies only pay a commission for any work they secure.

At first, Cohen worked approximately 15 hours to 20 hours per week; she now works about 30 hours per week. Last year, sales for Home Remedies exceeded $100,000. Cohen earns additional income by selling manuals and packages on how to get started in the referral business.

Business Ideas Online – Two Ideas to Make Money Online With Less Work and More Profits

Saturday, February 21st, 2009

When we come up with business ideas online, the first thing that usually comes to many people’s minds is eBay or an online store.

I am sure that some people are doing very well with such business ideas, but the fact is that making money online with e-tail or some of the other traditional business models, can sometimes be a bit hard and disappointing.

I say this because I have tried virtually every online business idea you can come up with, from taking surveys for cash to having an Amazon and an eBay store. Do not get me wrong, I have pulled money out of every effort and most of all an invaluable learning experience, so I do not regret anything.

I still keep my e-tail business going, but only as a secondary source of income, because the fact is that in order to make $5,000 to $6,000 with the stores I have to work like a maniac, continuously updating inventories, fulfilling orders, taking care of my costumers, you name it.

That is precisely what encouraged me to look for new business ideas online that could generate an additional income for me. After many failed attempts at new ways to make money, I finally got affiliate marketing and forex trading online to work for me like a charm.

These two business ideas probably represent the best options to make money online for three basic reasons:

1) They demand a lot less work than e-tail.

2) They are far more profitable and demand a very small investment as start-up capital.

3) You can run both businesses at the same time all by yourself, from anywhere where an internet connection is available. This means that you can run your business from home, which was part of the idea behind my quest for new sources of income online.

Now, my approach to a consistent income from these two business ideas was successful for a simple reason: I quit looking for a bargain or a free report with all the “never before revealed secrets to make money online” and I invested a few bucks in real Education and Tools.

Affiliate marketing is a rather easy business to develop, not the in the sense that you will not have to work, but in the sense that it is not rocket science, so for anyone that knows how to write basic English this is a great idea to make a lot of money online, however, education has to be a part of the mix.

Forex or currency trading on the other hand is no different, you can make a lot of money online, but the idea is also to be well prepared to run this business. How do you prepare for it?

Well, you can choose to educate yourself (an online forex course) or you can choose to use a forex software, or you can go with both (my case). The idea is to ensure a consistent performance, which is essential if you want to make money online steadily with this business.

The internet holds many business opportunities and not taking advantage of them is just losing money. There are many business ideas online that you can develop and profit from even if you are busy with a job or other activities, and affiliate marketing and forex trading online are two of them. The idea is for you to open your mind as a business person and explore new ways to make money online with discipline and persistence.

Find details about several online business ideas, educational resources and tools at: http://www.specialonlinebusinessreviewauthority.com

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