Keeping Your Irons in the Fire – Internet Marketing Part-Time

For some of us it is not feasible or maybe even imaginable
to earn our living from home. It is a huge step and
‘culture shock’ when we have spent our working lives tied
to one or more corporations. We may have been accustomed to
a job that provided health insurance benefits, holiday and
sick pay, cost of living increases, retirement “pension”
and/or 401k etc, and maybe the possibility for
‘advancement’.

The days when we could depend on a job including all of
those benefits or in fact even being a stable situation have
long gone what with going ‘global’ and outsourcing,
off-shoring, mergers, workforce reductions and bankruptcy.
However many jobs today still have some or all of those
promises that ‘self-employment’ does not include. In fact
when you are starting a business you may not only not have
holiday and sick pay, you may be working long hours without
pay until you get it going on track!

Obviously this will not be possible in many cases since we
need money to survive – food, shelter, and other necessities
for ourselves and our families. So the ideal time to try to
start an Internet marketing business would be part-time or
in our ‘spare’ time. Depending on how little or how much
time you have to spare to yourself, you could even look at
it like a hobby – and this might be just the ticket since
there is not much stress or dire consequences associated
with a hobby.

If we start eventually to earn an income from home, and have
a job that provides for our needs sufficiently, then we can
just put our earnings into either an ‘operating’ or a
savings account. Most businesses, even online from home
will have some expenses associated and we can use the extra
income for that and then later on start to think of it as
savings for a ‘rainy day’. In either case it is a very
wise idea to have some extra money for who knows what
tomorrow may bring.

Others may look at their home business ‘hobby’ as a way to
get something extra that their salaries do not allow. These
days there is very little left over after expenses to save
or to splurge. Some may even need this type of goal to
motivate them to work more than the normal number of hours,
or to come home from work to work some more, and/or to work
on their days ‘off’. So holding a nice fat carrot in
front of them like that shiny new car or that exotic
vacation is sometimes much more compelling to people than
‘savings for a rainy day’.

In any case, it is a very good idea to start something when
it is not a critical need – such as if you should lose your
job and have a limited amount of time to find a way to
replace your income. At a time like that we can be somewhat
hysterical or feel desperate and it is just not the best
time to make decisions; we certainly don’t want to have to
accept a job we know we are not suited for.

Ideally if we lose our jobs, we will have a certain number
of weeks of unemployment insurance and have some other
savings we could rely on to get us over the bridge to a new
source of steady income. Many however are not that fortunate
or the amount they are left with would not even cover their
expenses.

If you are in this situation you might want to take a few
DAYS to recover from the shock and to get organized by
creating a plan. Then you should treat looking for new
income as a full-time job – don’t think it would be a nice
time for a mini-vacation because the day is coming when the
‘wolf is at the door’ and you want to be prepared. Now can
you see how nice it would be to just realize, ok, I have
been saving money from my Internet hobby(s) and that will
help get me through this?