Thursday

Home Business Update

Life is good. On 26 July we added three people to the team, and had another three upgrade their account to the Executive level.

I've been surfing thorugh the Census Bureau and Small Business Administration websites looking at home business statistics. Here are some interesting numbers I found:

Over 85% of new millionaires in America did not inherit their wealth--they earned it, generally through business ownership.

Real median income of American households dropped over 2% in 2003. This trend continues and reflects how job holders are experiencing a drecreae in their effective take home pay.

IMO, the only solution is to own your own business. Business owners in America are becoming millionaires at a record rate, while the employed American is losing purchasing power. Starting a business is actually easier than you may think, and does not require a huge wad of cash. A home business is not for everybody, but if you're interested, click on my link below.


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