The answer is "Yes". I'll tell you why. Observe the trend
of the companies and organizations around you. The small
and big companies are becoming "Performance Oriented" and
heavily competitive against each other. Globalization is
taking place all round the world with China and India
entering heavily into the globalized arena of marketing. To
compete in the market the companies have to come up with
smarter and innovative solutions which are sustainable and
effective as well.
Consequently the employees are squeezed to meet strict
deadlines to achieve the Key Performance targets. Otherwise
the company will lose its place in the market. The
companies are all the time undergoing staff cuts and
various strategies of redundancies to keep less number of
"smarter" people. If you want to stay in the company you
sit long hours to finish the tasks you are assigned with.
I am working for an engineering company and I have seen
heaps of strategies the company undertakes to cut staff.
The teams have become smaller from 8 member team to 2
member team but the total amount of work for the 8 member
team and 2 member team remain the same. Even shifting the
location of office from North to South or from West to East
has become an effective strategy to cut staff! On top of
this, the staffs are pushed to undertake all sorts of new
courses/trainings to update their skills to remain in the
market. I have seen a lot of staff in their 50s quitting
jobs not able to keep up to the mounting pressure. Every
day, you are supposed to learn a new skill which may not be
possible for all.
At the end of the day to pay the mortgages, pay for
children's private school education, buy things at home or
go for a long awaited holiday with the family, you succumb
to the pressure and work hard almost 12 hours a day.
Otherwise the boss may not be happy and you may be in the
hit list in the next staff cut strategy. Consequently you
miss the quality time with family. As everybody knows, the
dangers of not spending enough time with family are many-
one example unhappy spouse and kids leading to many
undesired outcomes.
I think home based business is one way of earning income we
can look into in future. To build a reliable and long term
home business, you need to do a lot of home work, work hard
initially till you have a hang of it and set up for long
term returns.
In my experience affiliate marketing- advertising others
products on your website or blog or word of mouth can be a
good start. It needs nil or small investments and you can
learn about different ways of online business in the
process and may find something that suits your skills,
interest and time commitment in future. I think the best
way is to read a lot and gather information and gain
knowledge about varieties of home based business and start
as part time venture and then go from there.
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Sugi Stanley, the author, likes to share and help others to
achieve success in their home based business. For more
information visit http://www.wealthymarketerhomebiz.com