It is possible for anyone to earn a full time income from home. Anyone. It doesn’t matter if you have no experience, don’t know how to market, or have never worked for yourself. The possibilities are endless and the opportunities are everywhere. In this article I’m going to go over how you can earn a full time income from home with a home based business opportunity.Now there are thousands of home based business opportunities available to you. Many of them are quite real and profitable, and of course you will have a few that are just scams. Regardless, there are thousands, if not hundreds of thousands of people searching for home based business opportunities. Everyone wants the life of financial time and freedom and they know it’s achievable with a home business. That’s where you come in…Your goal here is to find a good, solid home business opportunity that will allow you to earn a full time income from home. Then you take that same opportunity that has now allowed you to achieve financial time and freedom, and share it with the thousands upon thousands of people that are looking to achieve the same thing. Not only will you be helping other people better their lives and financial future, you will be improving yours as well.The key to all of this is finding the right opportunity. As a newbie, learning how to build a successful home based business on your own is too hard. You need help from people who are already successful in the industry. By finding an opportunity where people are already having success, and they are willing to provide on-going training & support to help others achieve the same level of success, you will have the right guidance on how to be successful. You will also feel confident when you are recommending other people because you know they will be taken care of.Another important thing to look for in a home business opportunity is whether or not they have a marketing system that can be easily implemented. You need a way to market to the masses and get your opportunity in front of people that are looking for it. This can be hard if you have to figure it out on your own so having a proven marketing system in place that is already working for others is key.Finding a home based business opportunity that offers you support & guidance and a way to get your opportunity in front of the masses will definitely allow anyone to earn a full time income from home. However, if you are not willing to take consistent action and put forth the time and effort necessary needed to achieve success, not even the best home business in the world will work for you.
Securing a Small Business Loan
Insufficient funding is one of the top reasons why 80% of businesses fail within the first year and a half. As a business owner, not only do you have to cover all operating expenses, but the time and effort needed to succeed means you will almost certainly have to bid farewell to your day job and regular pay checks. Unless you’ve saved up enough to pay for everything for at least 18 months, you will probably have to find other sources of funding.
However, here we encounter another problem. A recent survey cited by the Credit Union Times showed that only about one-fifth of small business owners – incidentally about the same rate of successful businesses – rely on a small business loan. The survey showed that 62% were fearful of taking on a loan and almost one-fourth of respondents think they would not be approved for one. A Harvard Business School working paper by Karen Mills (Administrator of the US Small Business Administration until 2013) showed even more discouraging statistics. Banks continue to apply measures that restrict small business lending since the financial crisis hit, since such loans are generally always riskier than those to large businesses. Loans amounting to $1 million or less – the domain of small businesses – have gone down 21% since 2008. These loans made up half of all bank loans in 1995, but only 30% in 2012.
So what can you do to have a better chance at securing a loan?
As the saying goes, “The devil is in the details.” Given the stricter requirements of banks, you will need to come up with a very convincing plan that shows your business will truly make a profit. Each number presented has to be supported by hard evidence or at least some realistic projections backed by in-depth research. There must also be a clear plan as to where the money will go and how it will influence your business’s success.
Aside from this, your entire personal finances will also be scrutinized, so make sure your taxes, mortgages, credit cards, assets and liabilities, and even your credentials are all spotless and in order.
The bottom line is, if you believe in your business idea and do the necessary due diligence in coming up with a sound budget and business plan, there should be no reason to be denied a small business loan. Otherwise, you may want to reconsider quitting your day job.
Reforming American Education: RESPECT
Chief executive Obama’s remedy for education and learning change in America came in the form of a activity called RESPECT. RESPECT is an acronym for Acknowledging Academic Success, Expert Quality and Collaborative Educating. Education Assistant, Arne Duncan, reviews, “Our objective is to work with instructors and administrators in restoring their career and to increase the instructor voice… Our larger objective is to make teaching not only The United State’s most important career, but also The United State’s highly regarded career,” showing The United States that education and learning change is a concern with significant objectives.
RESPECT suggests a wide area of changes including:
o More particular instructor colleges
o New career ladders
o Performance based earnings
o Compensation for complicated learning surroundings.
o Competitive instructor salaries
o Improved professional development
o Multiple evaluation assessment method
o Reforming payoff time
This innovative education and learning change in The United States will cause significant changes for current instructors. After The legislature works out details of the RESPECT action deadlines to put RESPECT into practice will be put into effect. Duncan announced, “This effort will require the entire educational sector-states, regions, labor unions, administrators, educational institutions of education-to modify, and instructors have to guide the change,” showing how everyone will be involved in this innovative education and learning change in The United States.
Although Obama has come out with a proposal for education reform, change is not guaranteed. To ensure an improvement in America’s schools, the RESPECT movement has advancement measurements. There is not only one pathway for the implementation of education reform. Diverse schools, districts, and states are varied because of their unique principals and teachers. Therefore the implementation of RESPECT will also be unique. The goal for all schools, however, remains the same. Every student should exit high school prepared for postsecondary study, informed citizenship, and workforce participation.
One way the results of the RESPECT movement will be measured is in high levels of student achievement. Numerous measures will evaluate the child’s ability to understand a subject and apply that understanding in a way that matters most to their future.
Equity will be judged by a continuous improvement in the narrowing of the gaps in achievement and opportunity between students of different socio-economic classes. This will fulfill the RESPECT movement goal of creating an education system that is equal for all students.
A major goal for education reform in America is increased global competitiveness. RESPECT will measure this by judging student academic performance on an international level. This measure will not only aide education reform, but also aide our future economy.
Because the RESPECT movement is so broad, monumental change is not expected. Instead, Obama’s education reform is seen as framework for future improvement. Only time will tell how the RESPECT movement is able to succeed as the solution to education reform in America.