Six Myths About Earning Money From Home

Unfortunately, what you might have heard are all the reasons why you are crazy to try earning money from home: how they tried years ago and it was a waste of time; how they are all scams; and how Cousin Ralph tried it and look how he turned out.

So, before we get too deeply into the specifics of earning money from home, let's look at six common myths about it:

Myth #1: "Earning money from home is so easy!"
Plenty of promoters out there want your money, and they are willing to tell you anything in order to get it. They make it sound like they have the Magic Pill: Pop it in your mouth, and you make a fortune. Of course, that's nonsense. By the time you find out it's nonsense, they have your cash and are long gone, onto the next sucker.

The truth is, earning money from home is not impossible, and it's not easy. It's doable. And it can be a great living if you get involved with systems that have been proven to work. Much more on that later. But to address this "easy" myth fully, let's look at the next myth:

Myth #2: "Earning money from home is impossible, or else every clown would stay at home and be a millionaire."
"Working from home" still involves work. No doubt about it. Some people dabble in a home business and then give up at the first sign of difficulty. They console themselves by saying it was "impossible"; but there are many thousands of successful home businesses to prove that wrong. It's more likely that those who failed got lured into a half-baked plan; or they didn't follow the steps of a good plan.

Keep in mind that the early period of a new venture is always the most daunting: You have nothing yet to show for your hard work, and have many more doubts than customers. The same is true with farmers. Yet they understand that if they follow the right procedures, and mix their work, knowledge, and time in the right proportions, the crop does indeed grow. You'd never know it from looking at the bare field a few weeks after planting, but the crop is on its way.

As your Home Income Coaches, we help you with the knowledge part. You provide the work, and the patience over time. Then you get to stand back and admire the fruits of your labor, as you harvest its bounty.

Myth #3: "Home based businesses are largely pyramid schemes."
It's true that at one time, certain get-rich-quick schemes flourished. They simply took money from one group of investors, and paid it to other investors, while stating that the payments were "income" from the enterprise. As with most scams, these ones caught up with their promoters. Fortunately, laws were then enacted to prevent such schemes from flourishing again (and to punish those who try).

Does that mean that all deals out there are legitimate? Of course not. Crooks are endlessly creative. That's true in any field: medicine, law, politics, and of course, business. But there are proven ways to separate the shady deals from the legitimate ones. We show you how, later.

Myth #4: "Anyone can do it."
Just about anyone can do it. But not everyone will do it. Earning money from home does not take physical strength, or rocket-scientist brains. It doesn't take lots of money, or a full-time effort. But of course many people won't want to invest even the basic time and skills required. They've been brainwashed by the commercials that promise that "Magic Pill" instant wealth.

Consider diets. Can just about anyone lose weight? Sure. Does it take a superhuman effort to lose weight? No. Do some people succeed spectacularly, others do OK, and many others sit on the couch and continue to eat potato chips? You bet. It comes down to knowledge, motivation, and time.

The same is true with earning money from home.

Myth #5: "You need to raise money to start a business, so I'm sunk."
Many years ago, it was true that most businesses revolved around the "Agricultural Revolution" and then the "Industrial Revolution". It cost big money to have a farm or a factory. But we are in the Information Revolution now, and the playing field has never been so level.

The Internet, cheap phone connections, and globally accepted credit cards have truly made it possible to have a customer on the other side of the earth, as easily as you could have one next door. That is not an exaggeration. And the costs to get set up? Typically a few hundred dollars--rarely more, and quite often less. No farms or factories or inventory to buy here.

Myth #6: "I didn't go to business school. I barely even finished high school, and that was years ago. I'm sunk compared to these whiz kids."
Yeah well, the Whiz Kids were the ones whose dot com's blew up, while lots of less glamorous companies survived and continue to do quite nicely, far from the headlines.

Sure, if you want to launch some grand design to corner the computer game market, you're going to need some serious money and brains. (And even then you'll probably fail.)

But if your goal is to make some nice cash, growing from a trickle, to three digits, then four digits and five digits a month--that can be within your reach.

Now let's look at the biggest variable, the biggest unknown factor, in this whole matter of earning money from home...