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If so, you’re in good company! And I have great news about how to do both simultaneously. Curious though. Were you aware that doing both will be the equivalent of working two jobs? There is a lot of work for both your home school and a business you choose to operate from your home. Oh, and when it comes to homeschooling, it really doesn’t matter if you personally create your children’s home education curriculum, enroll them in a covering school, or enroll them in a local school district’s “home studies program.” You still have to completely oversee your children’s progress and help with “home work.” (That’s one job. And hang in there with me because I have some good news for you.) The second one is your full- or part-time business “if” you don’t have the proper business system in place before you start (or integrate aggressively if you have an existing business), as well as create passive income streams from your core business to ensure that your choice to work full- or part-time in the business will generate your expected income. And what all of that means is that you actually know how run an income-generating business on purpose (deliberately, as in it actually generates the kind of income you desire) “and” it’s a viable business at that. Here’s the “not-so-bad” news: Don’t focus on great income opportunities based on the fact that you homeschool (i.e., “a homeschool home business” opportunity). Why? Because if your business does not include products and services created exclusively for homeschooling families or home school enrollment services for homeschooling families (thus a “homeschool home business”), there’s no market for a “homeschool home business” opportunity. It’s important to understand that the term “home school” should not be linked with the term “home business” because they’re separate and different. The “good news” is there is a way to “home school” and run a profitable business from your home, and enjoy doing so simultaneously. What I usually advise others to do is to create a business out of something you enjoy doing already, such as what you do for pure fun; what you do to relax; and/or what you do to make yourself happy. You already do it because it (whatever “it”) is part of who you are anyway. What you must do is (1) decide if this will be part- or full-time income for you, (2) make a “decision” that this is going to be a “real business” (as oppose to a hobby-paying gig because consistent income just won’t happen with hobby-gigs), and (3) learn how to monetize (or make money) doing what you already love doing and currently are not being paid to do it. (Whoooaaa. That was mouth full.) I’ll give you an example of what some people might enjoy doing (but are not paid for it yet) and how they can continue to do it, but this time make money while they do it. (By the way, these same principles apply to your children’s and teen’s businesses as well.) Cooking. There are numerous directions we can go here, so let’s choose just one: Teach 9-to-16-year-olds how to prepare and cook a full-course meal. (Birthdays, holidays, and special event days will never be the same! And for great reasons, too.) 1. You might begin your new venture by writing a short book about cooking and kitchen safety first, and call it something like, “Cooking in a Safe Kitchen,” or something like that. You might ask someone to create the appropriate cover art for your book, e-book, and CD/DVD jackets. You can use online services such as Lulu.com, Create Space.com, Book Surge.com, and Kunaki.com. When you create the book and e-book versions, give one of them a slightly different-looking cover art. I’ll explain why in a moment. The book’s content should contain sufficient amount of details about what to look for and what to look “out” for in a kitchen so that the kids are safe as they begin taking out and preparing necessary items to start cooking. 2. Next, you will then cover safety utensils, pot holders and gloves, wipes to clean up as they go, etc. 3. Lastly, you will explain “how” to choose items for your main course meal, as well as how to put everything together for a scrumptious meal. Here are a few ideas to generate a steady stream of income using this business: 1. Your e-book will be the digital version of your physical book. And yes, you should create the physical product equivalents of everything. The digital version will have a distinct look from the physical version so you can easily identify which one is the digital version and which one is the physical version. While your young students are waiting for their physical products to arrive in the mail, they can go ahead and begin watching your multiple 3-to-5-minute videos of what you’re going to teach them. These videos can be imbedded videos inside your e-book or online videos. 2. Your physical version may include a 60-minute DVD of you teaching 7-to-10 kids who are in the 9–to-16-year old age group about “safe-kitchen cooking which will be immediately followed by step-by-step instructions on how to put together a full course meal. You cover full-course vegetarian meals, meals using different kinds of beef (such as steak, meatloaf, or patties), and meals using different types of poultry (such as chicken, turkey, or duck), etc. The kids are taught how to choose the appropriate vegetables and compliments, the ideal beverage for specific meals, and even dessert (which might include something very healthy). 3. Your physical products also include a coupon for a free second cookbook covering even more meals. They get the second book (e-book) after they submit videos (or video links) of them preparing and cooking at least half of the full course meals from your book, and this gift is exclusively for those who join your monthly CD membership for four or more consecutive months. Additionally, with their product package they also get recipes cards for quick convenience, a members-only link to your live online cooking shows, as well as their very first CD-of-the-Month Club CD of interviews with great chefs who all specialize in teaching kids how to cook. (There should be 12 CDs in all.) 4. Their monthly membership also entitles them to a free 3-day weekend cooking camp for kids who can enter a cooking contest as teams with 1st through 3rd place winners, even though every participant receives something of real value for having participated, such as a $50 gift card, a free DVD of the contest, etc. (All of the kids are winners!) And all of the participants are in the new DVD which gives you another physical and digital product for sale. You may create an affiliate program for your products, so the kids (their parents, and anyone else) can sign up and begin generating income selling your products. And perhaps you might create another derivative of this program that can be used exclusively as a fundraiser for schools (including other cooking schools), churches, homeschool groups, etc. As you can see, this is way beyond the “hobby-gig” mindset. This one idea deserves for you to be genuinely serious about being in business, which all goes back to creating and implementing the proper business system in the beginning of your business, or seriously integrated if you have an established business. Here are some additional resources to help you develop viable business possibilities, as well as what a business system is, what it looks like when it’s in place, and how to create one: - 999 More Ideas – sixmonthmba.com/2009/02/999ideas.html - Strategic Profits by Rich Schefren – strategicprofits.com/blog (get all of his free downloadable books on this site to learn about “establishing proper business systems” so your business will grow rather than fail) Now, let me ask you, is “this” a homeschool home-based business? The answer is a resounding “no.” This is a “cooking business” that happens to be operated from your home. Can you do put together something like this that is based on the above business model? You sure can! What you need is knowledge and access to the appropriate places, sources, and resources to do it. The two links above will help steer the way for you. And you can always visit my blog which has similar examples for adult, teen, and kid businesses! Just check out my blog link in my resource box!
Article Source: http://www.wahm-articles.com
Oh, you can learn even more powerful strategies in the 2nd edition of my book, “The Homeschoolers’ Income Makeover!” Tisha M. Silvers is an author, homeschool mom and entrepreneur. She has helped many entrepreneurs grow their businesses using great strategies relevant in today's world of commerce. Many love her books, "The Homeschoolers Income Makeover!" Self-employment experts Paul & Sarah Edwards said, "If working for yourself and home schooling is something you want to do, a good read of Tisha's book will get you on your way.” Get access to two more strategies from the bonus section of my book at=> www.lulu.com/content/paperback-book/the-homeschoolers-income-makeover/3824741 Visit my blog at homeschool-wealth.blogspot.com to learn even more business and money strategies for kids, teens & adults! And you can follow me on Twitter at www.twitter.com/tmsilvers
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