High Unemployment Means Home Business is on the Rise
Want a recession proof job? Think home based business.
The latest reports show the national unemployment rate of 8.3. There are currently fourteen states that have an unemployment rate of 9% or higher. Those unfortunate states are Indiana, New Jersey, Kentucky, Michigan, South Carolina, Georgia, Illinois, Florida, North Carolina, District of Columbia, Mississippi, Rhode Island, California and Nevada.
According to a Global Entrepreneurship Monitor 2011 report released last week, about 12.3% of Americans are considered entrepreneurs by the GEM measure. “The boost in U.S. entrepreneurship is somewhat of a mixed indicator, signaling that while the economy is improving, some people are turning to entrepreneurship because it’s becoming evident that some jobs may never come back.”
This explains why more entrepreneurial spirits are working from home and starting a direct sales business; presently 15.8 million people in the U.S. are involved in direct selling. Of those sellers, 85% report a good, very good or excellent experience with direct selling. With businesses closing their doors, employees showing up for work only to learn their positions have been eliminated and hundreds of applicants vying for one open position, work from home representing a direct sales company makes perfect sense for both men and women.
If you’ve lost track of how many resumes you’ve submitted and yet still can’t land a stable job outside the home, perhaps it’s time to consider starting a your own home based business. It’s a good way to meet and socialize with people. You’ll have a flexible schedule, so you can still work around job hunting and interviews. You’ll earn extra income while you’re still looking to get rehired.
Additionally, representing a company as an independent consultant doesn’t require any specific levels of education, experience, financial resources or physical condition; it’s a good fit for almost anyone. Consultants of all ages, from all backgrounds have succeeded in direct selling.
In my own state of Michigan, our Governor – Rick Snyder is quietly making progress of his own in a state where change is very difficult to achieve. In his January 2012 State of the State address, the Governor highlighted several successful small businesses in the state and talked about the importance of entrepreneurship and creating a business friendly environment in Michigan. He gets it. He understands the importance of entrepreneurship. Other state governments are also embracing it as well and are re-examining legislation that surrounds these small businesses.
So if you’re unemployed or underemployed, I encourage you to give starting your own home based business serious consideration. Want a recession proof job? Think direct sales.
About the Author: Laurie Ayers is a Michigan work from home mom and a Superstar Director with Scentsy Wickless Candles. She enjoys helping men and women start and maintain a home based business in the US, Canada, Puerto Rico, Germany, Ireland and the UK. To download a FREE Start Up Guide which provides more details about how to start a home business as well as to learn about our compensation plan go to http://www.thrivingcandlebusiness.com/how-to-start-a-candle-business/