May 6th, 2010 by Rachel Krider

The Trend Of The Home Based Business – Polaris

Work From Home

Work From Home

More than half of all U.S. businesses are based at home. While often dismissed as quaint hobbyist ventures, an estimated 6.6 million home-based enterprises provide at least half of their owners’ household income generating a personal freedom previously unimagined. Together these “homepreneurs” employ one in 10 private-sector workers, and by many measures they’re just as competitive as their counterparts in commercial spaces.

Stephen Labuda is the 35-year-old president of Agency3, a Web development firm he runs from his home in Cambridge, Mass. A former programmer at Deutsche Bank (DB), Labuda started building Web sites as a side job in 2003 and expanded the venture into a full time business three years later. Agency3’s revenue is in the millions, and Labuda is about to hire his fifth employee, who will work remotely, like the rest of the staff and the contractors he taps. He is not even thinking about renting office space because his business is founded on his personal freedom.

You can trace the rise of home-based businesses to the early days of telecommuting in the 1980s and the mass adoption of the Internet in the 1990s. Cloud computing, online collaboration, and smartphones have accelerated the trend, and recent research clarifies the economic significance of companies like Labuda’s. The personal freedom of being able to be anywhere and still be able to do business has changed the face of the entrepreneurial world forever.

Shane Krider- POLARIS GLOBAL

9 Responses to “The Trend Of The Home Based Business – Polaris”

  1. chrissy greig says:

    How True and How exciting …thanks Shane for sharing the facts and figures on Home Based Business…
    I know that I love that I can run my business from anywhere that I chose and can work my business around my Life instead before when I had a JOB (just over broke) I had to work my Life around my JOB.
    When my children were small I worked sometimes 2 or 3 jobs at a time, Thank goodness times have changed for families now. They have a CHOICE to work from home and spend more time being a family.

  2. Rich Welt says:

    I love the word “homepreneur”. I have been an entrepreneur since I was 25 and I am 59 right now. My first business was to own a hair salon. I thoroughly enjoyed my work, but I had to be at the salon in order for me to do my thing. I was physically tied to being there. Now I am an homepreneur and all I have to do is wake up and take about 15 steps and I am either on my patio doing my work or in my home office, listening to great music and talking to wonderful people. I absolutely love the flexibility in being a homepreneur with Polaris Global. I passionately believe that everyone should have the opportunity to work from home, wherever in the world that may be.

  3. Bettina Evert says:

    That is what I like so much about being at home ! the freedom to live my life on my terms and not be a slave to 9 -5. Technology really helps us and makes it so much easier to reduce our overheads; we can collaborate over the phone ; talk over a coffee and just enjoy our lives. I love what my home based business has brought me: freedom!

  4. Jo Austin says:

    Until recently the word Entrepreneur had always been one that I applied to those hugely successful people that you’d read or hear about in the media, Richard Branson, Donald Trump, Oprah Winfrey to name a few. It was certainly a word that I never considered I would apply to myself.
    However the movement over the last 10 years towards home based businesses has made being an Entrepreneur possible for everyday people, even a stay at home Mum of 17 years like myself.
    I love the fact that I can run my business around my family commitments and work the hours I choose and the internet has certainly made it possible to run my business on a global level without me even leaving the comfort of my own home.
    There are of course many opportunities available but I was fortunate enough to find Polaris. As I mentioned I’d been a stay at home Mum and had no previous business skills – but the training and support given here has enabled me to be able to stand up and proudly say to the world ” I am a successful entrepreneur!”.

  5. Tracey Stoppard says:

    Thank goodness for the technology that allows me to work from home and to have such a diverse global clientel and business associates. There are no boundaries!!

  6. Andy Phelps says:

    There is also a high percentage in the UK, Home business is where the heart is.

  7. Debbie Ruston says:

    It’s so important to bring this message to society, that there are possibilities outside of what we have been raised to believe. With the change in the economy over the last few years, people are now starting to realize that maybe they have to look for a new solution to earn an income. Sometimes it takes being backed into a corner to pull out the guts and skill that you already have inside to take control in your own life. I have worked from home for the last 25 years and I would not trade that for anything. I can’t imagine selling my life to an employer for an hourly wage that they determine. Self employment from home has allowed me to be with our children from birth, to be at every school event, be home for every school holiday (spending all summer, every summer with them), to set my own hours, to take time off when I want. I have not had to fight traffic for 25 years or ask for a raise. I have made more money from home, consistently than people I know that work 60-80 hrs/wk. I have beautiful memories of the time I have had with our family, because I made a conscious choice to have my cake and eat it too! Now that our children are grown, my husband and I have every day together and don’t have to wait until age 65. I was not taught growing up to be a home entrepreneur, but I would not even consider living my life any other way! With technology today, anyone can create their own home business, or join an existing business model such as we have with Polaris Global. It is simply a choice to take a stand to create the life you truly want to be living.

  8. Belinda Byfield says:

    I love, love, love working from home. I’m a young Mum and I have 3 young children who are all under 5. I get to spend everyday with them and they get from me the best Mum that I can be. For me being here with Polaris Global is the full and ultimate package. I joined for the money, which is more than I could have imagined for myself, but what I really love is our community and ultimately our products. I’m really living my best life now and it has changed our family and my children for the better. Thank you so, so much Shane & Rach.xxx

  9. Elizabeth Roughan says:

    Love Love Love getting up 5 minutes before a conference call – and being on time!

    9 – 5 is not my bag but sometimes I’m so excited about working from home, that I’m up at 2 AM working! Go figure!

    The difference is it’s on MY terms, when I’M excited, not because the clock says it’s time.

    My stand is to show as many people as I can possibly speak to, to see a different way of living life. What I call the Lifestyle way! Your time. Your Freedom. Your Money.

    Fun, huh?

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