Mom Pays for College » work from home mom

Frederick Pohl, work at home dad, helped me with my ExtremeSportsBlog.com

Lana — Wed, 29 Oct 2008 23:19:52 +0000

On occasion, I am featuring a work from home parent on the Mom Pays for College Blog. Frederick Pohl helped me on my extreme sports video blog. He made all new graphics for the site and moved it to a new location. I found Frederick on http://topsoul.elance.com.

If you ever need some kind of “e” work done, elance is a good resource. I’m republishing a blog post from elance about Frederick here. He’s got an inspiring story! I do recommend Frederick for graphics or web work. I’m sure he has other talents too, so check him out if you need some help. Take a look at the http://extremesportsblog.com to see some of his work. Here’s the post from elance:

Stay-At-Home Dad Dreams Big and Finds Success

Oct 16, 2008 4:42pm

Community Spotlight

Elance provider Frederick Pohl’s lifelong dream was to become a successful business owner and family man. His dream became a reality earlier this year when he launched his design business, Pohl Media, on Elance – giving him more time to spend at home with his new daughter.

How did Frederick do it? Here’s his story in his own words:

“After college, I spent ten years working for a number of small businesses while trying to build my design business, Pohl Media, in my spare time,” Frederick explained.

“In 2007, my wife and I were blessed with a baby girl and I decided to quit my job to stay at home with her and work on developing my business.”

“I joined Elance in May of this year and since then, my life has changed so much for the better,” Frederick said. “Because of Elance, I can successfully run my business from home and I don’t have to leave my daughter in day care all day.”

The flexible arrangement of working from home has enabled Frederick and his family to stay in their current location of Gainesville, Florida. “If not for Elance, I would have to move my family to a big city to get the same type of business and income I earn through Elance remotely,” said Frederick.

Almost more important than the earnings, Frederick says, is the quality of work he is finding through Elance. Since joining, Frederick has used almost every graphic design skill in his tool belt including design applications such as Flash, PHP and MySQL.

In fact, Frederick has found so much work on Elance, he is upgrading from an Individual membership to a Small Business membership, and hiring local designers to help him turn jobs around quicker and take on more projects.

“Before Elance, I tried everything to get work. I ran ads in the Yellow Pages, sent out e-mailers and postcards – I spent over $1,000 on local advertising just to get a few good clients,” Frederick said. “But thanks to Elance, Pohl Media is expanding fast and new projects keep coming in.”

Congratulations, Frederick!

If you are a work at home parent and would like to be featured on the Mom Pays for College blog, send me an email and we can see if it is a fit. Lana

Residual Income Opportunity Best for a Work from Home Mom

Lana — Mon, 29 Sep 2008 15:24:46 +0000

A work from home mom will gain the most rewards from a residual income opportunity over a traditional job if she gets in the right business and works it well. A residual income opportunity is one where, by the design of your business, your business is leveraged. That is; for the amount of resources you put into it you get a significant proportion more out of it.

One example of a leveraged business or a residual income opportunity is real estate for investment. Let’s say you could:

Buy a property valued at 100,000 for $10,000 down.
Borrow the rest. The cost to own and insure that property is $800 per month.
Rent it for $1,000 per month.
Your residual income is $200 per month for an investment of $10,000.
This is earning you about 24% interest on your $10,000 investment.

Also included in property investment are depreciation tax advantages and property value appreciation over time (yes, I know right now property values are dropping) and you will gain there also. So real estate investment is highly leveraged.

The risks involves include tenants that trash your property or don’t pay, decreasing property values and property loss due to unforeseen events which can be insured for.

What if you don’t have $10,000 and a great credit rating or don’t want to work for tenants? Then one of the best ways to make money is with an MLM or multi level marketing business. Everyone from Donald Trump, Robert Kiyosaki and Oprah Winfrey are claiming that these residual income opportunities are a great way for everyday people to leverage their time and limited financial resources and make good money. These people are rich. Do you think they’d be recommending you work for $20 per hour as a great opportunity when this kind of business if done properly could get you in the $10,000 per week range? This is one of the best ways to make money; use a leveraged residual income opportunity. It is great for a work from home mom.

How is a successful MLM business leveraged? Simply stated you find several business partners and nearly everyone else you find does the same. Everyone participating gets a piece of the pie. The more people consuming products, the more you make.

People often refer to these businesses as scams or pyramids. Believe me. There may be a few mlm scams out there but most of the well known ones are very legitimate businesses with excellent products, training and resources and are designed to make you, the work from home mom, a lot of money, legally.

These are great residual income opportunities for a work from home mom since you are your own boss. You set your own hours and work as hard or easy as you want. Rewards come from your own efforts.

Someone I heard the other day mentioned his definition of a financial pyramid and I had to laugh. So company BCA (Big Corporate America) has a president or two, a bunch of vice presidents, executive directors and 26 levels of people higher than the workers that actually do the work, not just plan and organize it. The people at the top make way more money than the people at the bottom. There are less people at the top and more at the bottom. Tell me, if you’re not the guy at the tippy-top, do you want to spend your life in this corporate pyramid?

In a legal MLM business, each and every person has the same chance to make money. You are rewarded by your ability to add motivated team members. It’s much more “fair” that rewards be given to those who earn it. Any WAHM know about fair right? Your kids remind you very day.

One piece of information that I have observed is that you don’t need to personally sponsor a lot of people in order to be successful in an MLM business. I’ve heard it from three different people who are extremely successful in MLM. One has personally sponsored only 20 people and has a team of over 2,000. One person works solely using the internet and has personally sponsored 36 people and has a team approaching 4,000 and this occurred in about three years. One guy said he and his wife sponsored again about 20 people in 18 months and has built a large team and gained a significant residual income.

With most network marketing opportunities you’ll be breaking even on your investment after getting about eight people in your team. In the beginning it might seem challenging to find people interested in joining your business. If you make a commitment to make it work, it will. You must keep at it. You need to sort through people as fast as possible in order to succeed quickly. Your job is to find the right people, not convince the wrong ones.

I’ll be writing more on these topics soon. Get a copy of at least six ways a work from home mom can make money for college or anything else. http://mompays.com. There are several residual income opportunities identified in the free audio and report.

If you are currently involved in any kind of MLM recruiting check out this system I use to increase my sponsor rate. Would you like to increase your business? htp://NetworkMarketSuccess.net.

Smart Goals Needed for Making Money in an Online Business Opportunity

Lana — Thu, 25 Sep 2008 15:05:28 +0000

What are SMART goals? And why are smart goals or any other goals necessary? S M A R T is an acronym for:

Specific
Measurable
Attainable
Realistic
Timely or Tangible

If you are a work from home mom and interested in making money in an online business opportunity you need goals. If you don’t have a target that you are shooting for then anything you hit will be right, which could be nothing. So why would you waste your time in a homebased business without goals?

A Specific goal to earn money in an online business opportunity would be to sponsor three new reps this month using the internet as a primary means of finding and converting prospects. In order to do this you would need some kind of internet network marketing system.

Measureable is straight forward. Did I sponsor three new people using my internet network marketing system, yes or no?

Is your goal to sponsor three new business reps in one month Attainable? Achieving this goal is going to require action. If your goal is huge then it will require massive action. Understand that making goals is great but you have to put action in to get results out. Are you personally capable right now to reach your goals? Maybe you need to develop some new personal skills, get very creative in your approach or find a system to help you reach your potential. Whatever your goals are this is the time to figure out how to get there. Never say no and you’ll find a way.

How do you know if your goal is Realistic? Do you have the skills, time and desire to attain them? How motivated are you to achieve your goals? If you were just starting out in a new MLM business with no previous experience and said your goal was to sponsor twenty new people this month that just actually might be doable, given your enthusiasm is extremely high right now. However, if you thought you’d get there by only talking to twenty people then that would be unrealistic. A lot of people are not as excited as you are right now for a residual income business opportunity so you’ll have to sift through many people to find the ones that are ready.

Is your goal Timely or Tangible? Yes. Sponsoring three people in one month is exact in terms of time and it is something that is tangible. It’s real and you can count on it.

To summarize, if you want to be making money in an online business opportunity you need to set SMART goals, goals that are specific, measurable, attainable, realistic, and tangible. With a plan and a online network marketing system and a great deal of motivation and determination, a goal of sponsoring three new business representatives in one month is very realistic.

If you’d like to learn at least six ways you can earn money for college or anything else get the free report and audio here: http://www.howsinglemomscanpayforcollege.com/

If you’d like to see if you qualify to work directly with Lana Hawkins you can request an interview here: http://howsinglemomscanpayforcollege.com/20minuteconsult.htm

Audio Interview Explains Ways to Earn Money for College at Home

Lana — Thu, 19 Jun 2008 15:12:36 +0000

Recently I was interviewed by Rod Moore of Profit Minute regarding several ways single moms (or anyone) could make money for their kid’s college expenses, tuition, room, board, books etc.

Most people facing the cost of college tuition are not fully prepared because the costs of college is rising faster than the best planning we’ve done. Many of us have not started or are hoping for a scholarship and loans to get us through.

This interview covers several ways a mom could earn money for their kid’s education, and the benefits and drawbacks of each. Take a listen and learn how you could pay for your kids education, debt free.

Click Here to Get Access to the Audio Interview.