One in five people are looking for work in America. Manufacturing has largely been replaced by service sector jobs for which new skills and re-training is required. Most of these jobs require internet or online business skills. We will take a look here at the opportunities in the home business, online business, network marketing and internet marketing arena.
Although the mainstream news unemployment figures have been hovering just below 10% for many months now, the real unemployment figure is over 20% according to economist Richard Wolff interviewed on democracynow.org on Thursday, July 28, 2011. Other economists have quoted the unemployment rate during the Great Depression at 24%, making the point that a great many people are out of work now. No use quibbling over percentages; the economy is shrinking and there are no new jobs forecast for the near future.
Whoever is looking for work now is probably collecting unemployment, and that is a time bomb ticking away. While this unemployment situation is not unprecedented in the USA, there are many other economic and social predicaments that are new to our citizens, events now and upcoming that have never happened before in America. One hears this being said on the news every day now.
In view of the shrinking economy and shortage of jobs available to a growing number of job seekers, there is one area of “work” that is growing during these hard times. It is predicted that by 2020 work-at-home businesses, and especially online home businesses are expected to reach 40% of the working population. This is worth paying attention to because with the advent of the internet the possibilities of making money working from home are reaching lucrative proportions.
Whoever you are, if you are looking for work and need to bring home an income then online business and especially Internet Marketing are worth looking into. Although there are many scams and fraudulent schemes proliferating online to match the growing popularity of home based businesses, there are also some plum opportunities out there built by smart, clever, honest business entrepreneurs.
So, let’s a look at what kind of home based businesses are available. Of course there is always stock trading that you can run from your computers at home; a risky and highly technical venture to say the least. Although adepts have made millions and billions in this field many have also gone into bankruptcy along this highway.
On a smaller scale, and growing in popularity over the past ten years, is the arena of so-called Network Marketing. In this field of sales and marketing there are many options. One option is Multi-level marketing in which you are selling something, usually high-priced pills, potions and lotions that are touted as being organic, kosher, healthy, natural and good for you. And much of this is reliable and true. I still buy and consume on a daily basis one such natural health supplement, one that I used to sell with a website and a telephone. Usually you buy leads, or talk to everyone you meet, conduct home sell & tell parties, or conduct hotel meetings. Basically, you build a downline and make what is called residual income off what they sell. There is money to be made, but also a large army of mlm disappointed failures are to be found in this venture. I know because I was one, and know a lot more. However, my sponsor is a millionaire now after years of practicing this art of networking. So it can work very well, for those with the know-how, people and business skills, and lots of hard work.
There is another avenue available in Network Marketing that is called Direct Sales. This type of business is not new (about 20 years old in its present form) and has greatly increased its attractiveness due to the Internet. It used to be fueled by mailing postcards and now the Internet has opened up an ocean of possibilities. One contrast with mlm network marketing is that the direct sales arena does not depend on building a large downline. Each sale brings a GPT commission. GTP is not a product but stands for Get Paid Today. When combined with Top Tier info-products, and outstanding commissions of 25% – 40% this direct sales home based business model done in combination with internet marketing looks promising to be a dazzling network marketing online business opportunity.