Archive for the ‘Minorities’ Category

Five Types of Turnkey Home Business Owners

Tuesday, June 24th, 2008

Who can use a turnkey home business?

The real answer is: “Almost anyone!” As long as you’ve got the discipline to follow straightforward instructions, you can make a turnkey opportunity work for you. Still, that’s not very specific, is it? That’s why we’re going to look at five groups of people who are each especially suited to running a turnkey home business.

People in rural communities: Throughout North America, we’ve seen a tremendous shift from industry to service. Many rural communities that used to depend on factory labor suffered downturns after the primary employer left town. Fortunately, a modern home-based business doesn’t depend on the surrounding community. It relies on global communications channels like the Internet to acquire clients from all over the world.

Minority immigrants: In Canada and the US, immigrants from outside Western Europe face some significant barriers. Employers might not recognize their qualifications. There could be a language barrier, limiting immigrants to opportunities in their own communities. A well-designed turnkey home business doesn’t have these barriers to entry. It’s ready to go; there’s no need to write new material in an unfamiliar language and no restrictions based on education.

Retirees: As we mentioned in a previous article, a turnkey home-based business removes some of the financial dilemmas of retirement. Instead of carefully weighing benefit-collection options, a retiree who turns business owner generates enough income to cash in whenever he likes. If the business comes with turnkey plan, he doesn’t have to waste valuable time setting things up.

The underemployed: Home businesses promise exceptional flexibility for people who’ve been forced to work part time because of a chaotic job market. A turnkey business opportunity gives these people a chance to earn a living without having to learn yet another set of skills. Since they can choose their own hours, there’s still time to look for work in their field – though if they’re making enough money at home, their priorities could change.

Work at home moms (WHAMs) and dads: WHAMs (Work at Home Moms) are one of the fastest growing groups of entrepreneurs today. Any stay at home parent can see the advantages of turning their lifestyle into an income opportunity. A turnkey home business offers a quick start and flexible hours that won’t interfere with child care and other household needs.

If you’re in one of the above situations and are curious, contact me and I’ll show you the potential of a turnkey home opportunity.

Minority Business Opportunities - Opportunities For Minorities

Thursday, March 6th, 2008

Equal opportunity has finally come full-term on the American business landscape. As we approach the half-century mark since Martin Luther King gave his famous, “I have a Dream” speech, Mr. King’s dream is becoming a reality.

Not only are record numbers of minorities finding their way to self-employment, women are doing so in record numbers, as well. According to the Center for Women’s Business Research, firms owned by women of color are growing at five times the rate of all U.S. firms. Between 1997 and 2006, the number of privately-held firms that are 51% or more owned by women of color grew by 120%, while all U.S. Firms grew by 24%. Specifically, businesses owned by African-American women grew by 147%, while those owned by Hispanic women grew by 121%.

Minority-owned businesses across the board are up, as well. As expanding markets create niches for small business, opportunity abounds. Once repelled by societal constraints and formidable startup costs, more and more minorities and women are discovering they can start their own business with minimal investment.

Much of this is facilitated by the home-based business phenomenon. Experts estimate that 34 million to as many as 40 million home-based businesses now exist in the United States. Home-based businesses now represent somewhere around 33% of the American workforce!

Their success rate is better than that of the traditional bricks-and-mortar startups, too. They last longer, become profitable more quickly, and are more conveniently maintained. Women with children have found the home-based business revolution especially enticing.

With government grants and loans readily available and accessible, minority business opportunities continue to rise. Local, state and federal governments are compelled to enforce equal opportunity by ensuring that a representative number of contracts they award are given to businesses owned by a recognized minority. From in-home health care to construction projects, minorities are competing for lucrative contracts.

But what if you do not have the background or expertise to compete in such specialized fields? Many opportunities still exist. The Information Age, fueled and facilitated by the expansive growth of the Internet, continues to open doors to new business opportunities for minorities.

According to U.S. Census of business owners, in 1982, Ethnic minorities owned just 7% of the businesses in the U.S. By 2002, the percentage had grown to 18%. Says ethnicmajority.com, “America is rapidly becoming the land of the self-employed…For Ethnic minorities, starting their own businesses is a natural alternative to bumping up against the glass ceiling and fighting workplace discrimination.”

For many minorities, America has finally become what she was always intended to be: “the land of opportunity.” While corporate America ebbs and flows, growing and then cutting back in accordance with global markets, small business owners, entrepreneurs ready to claim their own stake in the American dream, continue to expand. And minority business owners are leading the way.

Every day, brave men and women are swapping their fear of failure for the chance to do something special, something significant for themselves and their families. What about you? What is your dream? Isn’t it time you set fear and apprehension aside and believed in yourself? What are you prepared to do?

Someone has said, “Success results when preparation meets opportunity.”

Well, opportunity is knocking. Are you prepared to open the door?

Related Terms:Asian American Business Opportunities, Women Business Opportunities, African American Business Opportunities, American Indian Business Opportunities, Native Hawaiian Business Opportunities, Pacific islander Business Opportunities