Many of my friends have asked me why I have to bother doing work from home business at the time when I was still practicing my specialty as orthopedic surgeon. "You are making a significant income in your practice, wny bother with online business working from home?"
I understand why they asked me that above question. After all, they know that I am earning well, and if they compare the gross income of someone who is not an orthopedic surgeon, with what i used to earn, they are justified in asking that question.
What they did not know is the realities of my practice as orthopedic surgeon. Let me give you a brief overview of my day. I leave the house in the morning before 6:00 A.M. to be in the operating room at 7:00 A.M. I do my work at the operating room the whole morning, sometimes up to 1:00 P.M. In between my operative schedule, I make rounds-- see my patients in the hospital if I have a chance.
Shortly after 1:00P.M. I rush to My Office to see patients up to 5:00 P.M.
Then I go to the hospitals to finish my rounds -- seeing my hospitalized patients. I usually finish about 9:00 P.M. and ready to drive home, and arrive home at about 1):00 P.M. This is possible if I do not have an emergency surgery which requires my going back to the operating room.
Usually when I arrive home, my children are already asleep. My wife is just glad that I arrive home safe after my hard day's work. When I leave the house the next morning, my children are still asleep.
I don't blame that none of my four children ever wanted to be a physician, or an orthopedic surgeon. They all pursued and finished their education , all related to business or business management.
Then let me touch briefly about the "great gross income" that I generated in my private practice.The gross income is significant, but the take-home fee is not that great.
Let me explain. Make a calculation. Granting that I earn an average gross income of $600,000 a year. One third of that ($200.000) goes to over-head expenses. Out of the $400,000 that's left, about one half of that goes to income tax. So out the the $200,000 that's left, I have to pay my mortgage, cars, and insurance, life insurance and a lifestyle of an orthopedic surgeon's family.
And the truth is, because I am self-employed, I am exchanging time for dollars, and I could not leverage my time. As an expert in Arthroscopic Surgery of the Knee, I have taught many of my colleagues in my city, and as soon as they learned how to do the procedure, they became my competitors.
So what I explained above would give you an idea why I was looking for a home-based business that could give me a leveraged income. This is true to any person that works for a salary. And we are paid when we are actually working, but if we are not working, our salary stops.( minus the earned vacation days that you have from your company).
So here are the 8 great reasons why I or anyone else should start a work at home business:
1. To Leverage Our Time. You and I that work for a salary are exchanging our time for dollars. That's well and good just to make a living. There are only so many hours in a day , so we cannot make a fortune working for our job salary.
2. To have a Residual Income. This is an incomes that comes to you whether or not your are working or playing. This is achievable with a good home-based business with a good product, good management and good compensation plan.
3. No Boss . With a home business, there is no boss that you have to answer to. Nobody is watching you.
4. No Commuting to Our Job. Mo more putting up with traffic going and coming back from work. We can even work in our pajamas.
5. We can Schedule Our Own Work-Time. There is no more rigid reporting to work on time. We can take our vacatioln anytime we want to. No more making arrangement with your company or co-employees when you can take off.
6. No More Putting Up with Office Politics. You are not working for a promotion or get a good rating every year from your boss to keep your job.
7. No more Putting Up with Co-Employees that you don't like. No more dealing with co-workers that waste your time because of their inefficiency at their owsn job assignments.
8. No More Dealing with Clients that get on your nerve. Whenever you are dealing with people, you meet different personalities. There are people you welcome to see you but there are those that you wished they did not come, because of their behaviour that you do not want to deal with.
9. Your Income Is Unlimited. In a good home based business that provides you good residual income,sometimes multiple streams of , your income is unlimited. There is no limit to your creativeness. You can position yourself in the marketplace and give values to your potential prospects that become attracted to you to join your business.
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