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Earn in Your Underpants

Gone are the days when real work was done only in offices. The answer of the above question is definitely a "yes". Internet network has transcended space-time limitations. Connecting from different locations is no more a problem as earlier it used to be. Texts can be exchanged in a matter of only a few seconds between any two points in the world. Thus there are a range of businesses which can be run from comfort of home. Primary advantage of working from home is that one can avert the cost of renting/buying and setting up an office place. Then there are others like flexibility and saving time and cost on preparing for office, commutation etc.

There are some businesses which are being successfully run from home by a lot of people world over like affiliate marketing, e-commerce, freelance services, business analytics, administrative services and many more. One thing common in all such successful home-run companies is a strong online presence. Since they don't have the luxury of meeting a lot of clients at office they have good content on their websites wherein they articulately convey their ideas and their purpose of existence. They hire freelancers and even full timers at remote locations, which further gives them freedom from space constraints. Payments are made through online money transfer.

The working domain of an online business can range from simple letter writing, correspondence outsourcing to sophisticated, high profile recruitment and consultancy. Some of these enterprises have even hit a million dollar mark while there are scores of them who fall barely short.

It would be unfair to say that work-from-home organizations are not entrusted with critical responsibilities. There is however, always a credibility issue. Clients restrain from assigning big projects to an organizations that does not have a permanent office set up as a security cushion against probable frauds. And also some clients tend to cast a doubt on the capability of such enterprises. Still there have been some extremely successful high profile companies working from home which have an impressive clientele.

Online businesses' advantages far outweigh its shortcomings and they are likely to thrive and proliferate as more and more companies pour over internet each year. But after achieving its share of success, an online business is likely to hit a plateau, and then they need to transform themselves into a full time, regular business with an official business site.

Author is a software engineer working in a multinational IT company.

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