According to the Direct Selling Association, an estimated 46 million people worldwide are involved in direct sales. In less than ten years this number is expected to grow to an unbelievable 200 million! Many of you may have considered a home based internet marketing business as a new career, but have not yet weighed your options. You may be stuck in a dead-end job, or have recently been laid off or lost your job. Are you willing to make the transition to a career online but are unsure of what your future holds? Being self-employed offers independence, flexibility, and tremendous income potential. The alternative could prove to be a future much less palatable and filled with uncertainty.

Countless people in the workplace have considered a home  based business as it affords them the freedom to be their own boss, an autonomy that’s not found anywhere else. Extensive research reveals the four crucial life skills that are neglected or omitted from a company’s training and support program include: financial and tax guidance, coaching and leadership skills development, business management and technology training, and daily success practices and implementation that are the true linchpins of growth and long-term sales stability. This knowledge, albeit powerful won’t deter us, and every day we are seeing individuals embrace the idea that being entrepreneurs is their true calling. In December of 2009, Jason Daley – Entrepreneur Magazine is quoted: “We’re seeing the beginning of the entrepreneurial economy system built on nimble, low overhead, oftentimes small companies.” What this represents for you is opportunity for unlimited growth!

Many new entrepreneurs in 2010 are none other than the 55-64 year olds. They are the age group showing the highest rate of entrepreneurial activity. It’s no surprise that the 20-34 age bracket shows the lowest rate as they are the hired to replace the aging workforce ( i.e. baby boomers ) who are nearing retirement. Would it surprise you to know that thirty-nine was the average age of U.S. born tech entrepreneurs when they founded their companies? Northeast University’s School of Technological Entrepreneurship Survey reveals sixty-six percent of them were inspired by innate desire, not by education or training.

Being self-employed definitely has its advantages; unlimited advancement being the most important, followed by employment security. Success means being able to transition to a career online – your future depends on it!




Comments (13)

  1. kiaran Says:

    September 2nd, 2010 at 8:08 pm

    Hi Karen – its profound isn’t it – millions of people are realizing that their destiny no longer needs to be in the hands of a Human Resources department and dependent on Resume. There has never been a greater time to take personal responsibility in the achievement of your aspirations -Opportunities abound for those with the appetite and desire to take action

    Cheers Kiaran

  2. Peter Fuller MBA Says:

    September 2nd, 2010 at 8:50 pm

    Hey Karen

    From 46 to 200 million, hmm, I have to get working 🙂

    Nice looking blog btw

    Peter

  3. Michael B Wilbraham Says:

    September 3rd, 2010 at 3:40 am

    Really interesting reading Karen. The statistics are astounding.

    I think the idea of freedom is a strong motivator as to why most people want to start their own business. To be able to take control & call the shots…I know that is what motivated me.

    Also, it is not necessary to always look to starting a business online. I started my own business just over six years ago, at the age of 46 – an electrical materials wholesaler…& yes, I DO get to call the shots!

    However, having said that, I am also building an additional business online, the plan for this is that it will be my pension. My offline business will be handed over on a management buyout to my daughter when I am ready to embrace the more relaxed lifestyle. Then, God willing, I will spend my days, or a few hours anyway, monitoring & managing my online business…& enjoy my golden years free of worry, burdens & in style.

    At least, that’s the plan!

  4. Marcus Baker Says:

    September 3rd, 2010 at 4:48 am

    Hi Karen,

    Exciting times we live in. We are so well positioned to be early leaders in the economic revolution that is currently taking place.

    I really found the age statistics so interesting. I wonder whether a lot of this also has to do with the fact that we live in such an ageist society that believes “young is better than older” . Ironically though it will lead to the older generation achieving their freedom first and I say Hallelujah!

    ~Marcus

  5. Mavis Nong Says:

    September 3rd, 2010 at 6:45 am

    Great post, Karen. There has never been a better time to start an online business than now.

    Thanks for sharing your insights.

    All the best,
    Mavis Nong

  6. Wayne Wu Says:

    September 3rd, 2010 at 7:14 am

    Hey Karen,

    I’m glad I got an early start… then again, I couldn’t imagine, knowing what I know now, to start a business when I’m 39 years old. But it’s a good thing, because there’s a lot of hope out there. People will get the that spark when they realised they’ve toiled away for 20 years and built really nothing for themselves. Entrepreneurship is pretty much the only way we can get out of this economic mess.

    Thanks for sharing,
    Wayne

  7. Heather C Stephens Says:

    September 3rd, 2010 at 3:01 pm

    Karen,

    You share so much value in this post! This really is an incredible time to start a business and with so many people in need of extra income, it’s a great thing. I wasn’t aware of the age of the tech entrepreneurs, but I can totally relate to the part where many of them were self inspired and not “trained” to do so. That’s me. 🙂

    It’s exciting to be a part of such an incredible movement, and I feel so blessed to be a work at home mom and mompreneur.

    Heather

  8. Steve Shoemaker Says:

    September 4th, 2010 at 3:40 pm

    Karen interesting stats there and really pretty eye opening when you see the difference in where this is at and where it is going. Pretty exciting to already be in place. Great post.

    Steve Shoemaker

  9. Oliver Tausend Says:

    September 5th, 2010 at 4:09 am

    Hi Karen,

    a great read. You’re talking about desire. A burning desire is much more stronger than education and schooling. On the other hand, being self-employed has its advantages as well as its disadvantages. If people don’t pay attention, they can get stuck in the rat race much more severe than as employees. Chances are that we are less kind to ourselves than our former bosses were, right ? Robert Kiyosaki says that success in the Self-employment quadrant (S quadrant) can be worse than failure. Iti’s not about trading the corporate rat race against the S quadrant rat race. In order to avoid that, people have to unlearn a lot of things they incorporated over years and years, especially the very bad habit to work for money.

    Thanks for sharing.

    Take care

    Oliver

  10. Jym Says:

    September 5th, 2010 at 5:24 am

    Hi Karem,

    Thanks for sharing this interesting insight, along with some very telling statistics!

    The global economy is changing. The balance of wealth is changing. There is no better moment in history up until this time to become an entrepreneur – it’s an exciting thought!

    I wonder what all this will mean for the young people who are yet to enter the workplace, who will come of age in a world where the entrepreneurial mindset is more prevalent than it has ever been in the past?

    All the best,

    Jym

  11. Hector Cuevas Says:

    September 6th, 2010 at 12:53 am

    Hey Karen.. thanks for this awesome post.. those numbers are amazing (200 million?)

    It’s great to be an entrepreneur because of the advantages. No boss, and no limit as to how much you can earn.

    Talk soon
    Hector

  12. Susanna Hess Says:

    September 6th, 2010 at 1:37 am

    Hi Karen,

    Thanks for including such remarkable statistics. They really are interesting.

    Working at home is such a great alternative, and many are turning to it. This was an interesting read.

    Thanks!

    Susanna

  13. Josh Garcia Says:

    September 6th, 2010 at 9:55 am

    Hey Karen,

    Now is the time to start an online business! Thanks for sharing these stats with us.

    Chat with you later…
    Josh

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