When Starting a Home Business Not a Bad Idea

Recently, Edward lost his job as a contractual journalist with a major publishing house in a big city. He is a young, enterprising guy who had been aiming to climb up the corporate ladder and reach a top executive status. Instead, recession and bad economy cut short his ambition, and in a blink of an eye, he found himself jobless.

Things get worse as he had a wife and a child to support. Struggling to cope with the high living cost in the city, Edward got the family packing and sent everyone, including himself back to his hometown. He wanted to take a break before devising a new plan for his career.

While planning his next career move, Edward began marketing his skills online and got a few writing assignments through a number of companies and freelance websites. At the same time, he started a blog to document his journey as a jobless father trying to find his way back into the employment market. At times, he used his blog simply as a diary to reveal his frustration and jot down his feelings.

Edward gave himself 3 months to get back to his feet, find a new job, move back to the city and leave his freelancing job and blogging activity behind. During these 3 months, home will be where he generates the money through his home based business. Sometimes he did his writing in his bedroom, kitchen, living hall or in the courtyard.

Edward is not a bad writer and continues to hone his skills by frequenting the nearby library, and collecting second hand books of various genres. The money was tight and he could not afford to buy new books and magazines but whenever he dropped by at a bookstore, he would spend hours skimming through interesting books and other materials. He was having all the fun minus a fixed monthly earning.

Through his freelance writing, Edward generated a few hundred dollars in the first month. It wasn’t a really interesting income considering that his last real paycheck amounted to a few thousand. The money was barely enough for his family’s monthly expenditure. Edward had to tap into his hard earned savings to ensure the survival of his family.

Being a passionate writer he is, Edward delivers quality, and sometimes outstanding job performances in each of his assignment. His aim in his writing job was not only to generate income; he also wanted to create values. His list of small number of clients began to grow. Referrals from the satisfied clients continue to pour in.

Edward also began to expand his network and friends through his blogging activity. More and more people visited his blog and became his regular readers. Some friends convinced him that his website traffic now is enough to generate a significant passive income on monthly basis. Edward took heed of the advice and discovered a pleasant surprise of the beauty of internet income and the power of the home based business.

3 months had gone by and Edward is on a new mission. He no longer wants to get a new real job, moves to the city and forgets his freelancing activities. Instead, he is now embarking on a plan to grow his home business into 5 digit monthly revenues. With the size of his client base and the daily traffic to his blog, he can sit back and watch his income growing day by day. All this is achieved from the comfort of his own home office.

Edward can now continue to do his fun activity – frequenting the library and spending hours in the bookstores, with the bonus of monthly earning, and time with his family.

There are many Edwards around the world. And the universe produces new Edwards on every day basis. Will you be next?

Other posts you may want to read:

1. How To Break Into Writing Industry
2. Jobs You Can Work At Home
3. Home Business With No Experience
4. 5 Signs Your Freelance Business is Growing
5. 5 Advantages Working From Home Gives You
6. Half of Malaysians Earn Less than RM3000
7. Starting a Business With RM50
8. How to Start a Home Based Translation Business

Author's bio: Zul is the founder and principal contributor for the SKOR Career blog. He is the author of two books, The Malaysian Job Seeker's Dilemma and Buat Duit Tanpa Kerja Makan Gaji (How to Make Money Without a Job), available in major book stores nationwide. You can reach him at zulkiflimusa[at]gmail.com.