Home businesses hobby? Or serious business?

Kim - posted on 02/16/2009 ( 13 moms have responded )

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Thought I would pick some brains out there! :)

When deciding to have a Home Business, you first need to decide if this is just a hobby to fill time or if you really want to contribute to the family budget.

Most people who get involved in a family business don't know much about business and select a company to get their products at a discount. If that is all you are looking for from your home business then any home business will do!

But if you are looking to generate a lucrative income that is sustainable for 20 plus years...then you best choose a business that changes people's health. For if you can change the quality of their life, THEN you have income forever.

The baby boomers are the age group that has always "set" the pace for business booms. From baby formula to Real Estate and now it is health care. Especially in the climate of our health care crisis, people are taking responsibility for their health food supplementation. It is proven to work and it is proven that those individuals who supplement with a food supplement have healthier lives compared to their counterparts. So which group do you want to be in? And if this is the growing market, why are you not in business to serve those people?

Hobby or Business? Make your choice...then have FUN helping others!

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Amy - posted on 04/12/2013

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While working from home you can still earn an income in a very simple way. Nerium is a beauty product that is really starting to catch on and becoming a "must need" throughout the country. You are able to use the product while giving others samples so that they can see the marvelous effects!!! The product will sell itself and can be used for multiple uses, such as acne, stretchmarks, eczema, scars, wrinkles, and much more!!!! Check out my pages to see what Nerium is all about and for REAL life pictures of this product. If you have any questions please contact me and I will assist you in any way.

http://amymreed.neriumproducts.com/
https://www.facebook.com/neriumwithamy

Teresa Ann - posted on 10/24/2012

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Kudos for writing this Kim! You are so right about having to decide if you are going to start a business...do you want hobby money or an income? Health care is a big concern and there are so many people without coverage and out of work. I work with a 20yr old company that has an A+ rating with the BBB and they have a solution for both, the bonus is we get to help others!....If you want to choose a business and not a hobby. Let's chat either here or I would be honored if you invited me as your "friend" http://www.facebook.com/TeresaAnnMartine...

Caroline - posted on 06/10/2012

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Baby boomers are getting older and don't want to be older! So they are driving the next trillion dollar industry, which is wellness!



This an 18 year old global home-based business in the exploding wellness industry with over 1 million associates & growing, 70 patents, easy duplicable system in 20 countries including USA, no deliveries, work around your own families commitments, full training, travel holiday incentives to be won, a rewarding business that makes a difference in other people's lives.... As well as your own.

I have been in this business for over 14 years which I started when my disabled daughter was 2 yrs old.

http://www.navig8.biz/LifeStyle

Kari - posted on 01/15/2012

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This is so true - I have done several home base companies and nothing feels as good as the one I am part of now. I get to show moms how to cook healthy and fast. So they can enjoy the kids sporting events, concerts, or just having fun in the yard more. An all natural food company that believes in praising you to acheive the most. Honestly it is so easy, no inventory for you to keep, and they ship directly to the customer so you don't have to. Please contact me if you want more info. I have alot to share and if you are willing to learn your opportunity is endless. Super excited with my first few months success.

www.khankins.mywidltree.com

CEO Moms - Ann - posted on 05/20/2009

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I love your message! And you're absolutely right! Serious business, definitely! I learned years ago that if you will truly treat your business like a business and not a hobby, then you will be paid like a business owner. I would much rather be paid like an owner. I know many other moms and baby boomers are looking for the same.

CharLee - posted on 05/06/2009

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I work f/t and have a f/t side business. I practically work about 80 hours a week. Though that will change after my daughter. I think any business can turn into a lucrative business but you must gain a good business background (or have someone help) to truly be successful. With any one running their own business, it should be something you enjoy doing because being an entrepreneur is a labor of love. I don't think health products are the only lucrative business ventures. I've been in the graphic and web design business for 8 years and plan to be in this for another 30! :) I say entreps should have fun, work hard, and love their product/service.

Sakina - posted on 04/13/2009

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I think of you are serious about a Home Based Business then it should be doing something you love, helping people, and it really doesn't matter if it's a health product, or shoes. Just give them what they want, help others make money and you will be Successful in every way that matters. Treat it as a business and not a hobby and then have fun with it

[deleted account]

Quoting Marcelle:



Quoting Simone:




I've learned that a crucial factor that facilitates taking one's business beyond product discounts is to establish credibility, without pitiching to your audience, via your marketing channels.








Currently, I am working on a website with the deliberate intent to set me apart as someone that has valuable information and/ or solutions to offer my "following" (so-to-speak). 










Great answer Simone. 






WOM (word of mouth) brings more clients than anything else for me. True it is slow, and I've had the privilege of not having to have to replace a fulltime income when the kids were small, but it certainly helps growing a business solidly.





Thank you, Marcelle!



I know that slow and steady wins the race and I pray that my patience remains as I build.  I keeping telling myself that a quality (not quick) approach will be the most lucrative in the long-term...so patience, patience, patience!  



I am grateful to you for sharing your experience as it provides affirmation and encouragement.



Peace, blessings & much success to you!

Marcelle - posted on 04/04/2009

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Quoting Simone:



I've learned that a crucial factor that facilitates taking one's business beyond product discounts is to establish credibility, without pitiching to your audience, via your marketing channels.






Currently, I am working on a website with the deliberate intent to set me apart as someone that has valuable information and/ or solutions to offer my "following" (so-to-speak). 






Great answer Simone. 



WOM (word of mouth) brings more clients than anything else for me. True it is slow, and I've had the privilege of not having to have to replace a fulltime income when the kids were small, but it certainly helps growing a business solidly.

[deleted account]

I too have recently started a health & wellness distributorship, with the boomers being my target demographic.



My mindset & plan for my business is quite serious as my first goal is to replace my full-time income. 



I've learned that a crucial factor that facilitates taking one's business beyond product discounts is to establish credibility, without pitiching to your audience, via your marketing channels.



Currently, I am working on a website with the deliberate intent to set me apart as someone that has valuable information and/ or solutions to offer my "following" (so-to-speak). 



Everyone is being "sold" all day long. Therefore it is too easy to blend in with all of the other pitches that they see every day.



Once my site is up and running, I'd love to receive feedback from you more seasoned entrepreneurs as I am always open to learn and grow.



Great question!



 

Marcelle - posted on 03/03/2009

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Hi Kim,



 



Health is fine if you're interested in a retail business.



 



I run my own company and have for many years. My skills and abilities make a service company a more suitable vehicle to me. It is definitely a business.

Karen - posted on 02/26/2009

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Mine is a business, you have to use the nooks and crannies of your day!  It's in the health industry, and figures are 7% up on last year so far!  And I am always looking for people to join me................

Lisa - posted on 02/24/2009

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Good question! I work full time and have a few side businesses that I would like grow into serious businesses. I recently started a networking group for women entrepreneurs and we also do 3 vendor fairs each year. That is the business that I'd really like to see grow, but it's been a rough start thanks to the economy! (suggestions appreciated!) I also just became a consultant with a company called Just Jewelry. I guess I'd have to say "serious" to both, but at the same time I enjoy the socialization they provide, so really it's a bit of both. How's that for not answering!

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