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The internet has allowed a great many people to dream about working from home, and a great many people have succeeded in doing just that. It has created a flexible lifestyle choice that didn’t exist before its prominent intrusion into our lives. However, there are lots of people that are still dreaming about their income opportunity home based business idea. Some are seeking actively to find it and some are just dreaming about it. If you are one of those actively seeking to find the idea that looks right for you, here are some thoughts.

There are several ways to approach this subject. One way is to create a business that trades your expertise or talent in a given area for cash. The internet is an open market that offers a wide variety of companies that seek to outsource their needs. Matching your skills to their needs can be profitable. If your particular skill is in high demand, your rate of pay may be quite high. Examples might be a writing service needing another talented writer, or perhaps a tutoring service in need of a virtual math expert. Whatever your skill, there is probably a match for it somewhere on the internet.

This approach is somewhat limiting, however, because your income is directly tied to the amount of time you can physically devote to the business. After all, there is only so much time in any given day. The best income opportunity home based business idea is one that is not directly tied to a dollar for time trade but leverages your time of so that you can receive income over and over again for any piece of work done once. Leveraging your time is basically the concept that is used to pay royalties to a writer whenever one of his books is sold, or pays a musician whenever her album is sold.

This isn’t saying that the best opportunities involve becoming authors or musicians, but that the best opportunities involve taking advantage of the principles that continue to pay authors and musicians well after the completion of a particular piece of work. Imagine generating income six months from now based on work you did yesterday.

Leveraging is a concept that has many applications. Investors use this concept all the time in different ways. The most easily understood and most widely used is the concept of compound interest, where you can earn interest today on interest earned last month. Internet marketing uses this concept of leverage also. Internet marketing can take a variety of forms depending on the strategy being utilized, and it can be applied to virtually any business you can name. When done effectively it can generate income for many tomorrows for work performed today. It is a business form that is tailor made for a home based business because it is internet based, as the name suggests. Many, including this author, believe it to be the best income opportunity home based business idea for leveraging your time.

In the recent past, the cost of education has shot up tremendously. Even the developed world in which education is supposed to be readily available is experiencing this change.

Since necessity is the mother of invention, the runaway cost of education led to the emergence of distance education, which is an approach to education where tutors and their students interact remotely. Like everything else, distance education has its pros and cons as explained below.

The most prominent benefit of distance education is the convenience it offers. The busy individual, as well as the one who prefers comfort, is well catered for here. Classes can be attended anywhere and at any time. This aspect effectively eliminates much of the stuff that makes education unsustainably costly.

Closely related to convenience is the flexibility that distance education permits. Conventional education has specific location and time demands. Distance learning eliminates these constraints and allows a student to set a pace that suits them. Slow and linguistically challenged learners can, therefore, move at their own pace and grasp more.

The cost factor also comes in quite strongly as a benefit of distance education. Many students miss study abroad opportunities because they can’t afford travel and accommodation costs. Thanks to distance learning, such costs are no longer an impediment.

On the cons side, the most prominent factor is the lack of direct contact with instructors and peers. Even with online forums, this problem remains unsolved. The lack of direct contact eliminates question and answer sessions, which are in most cases highly insightful. This setback makes distance education suitable only for those who are self-driven.

Additionally, since students conduct their studies wherever they choose, they miss the ambiance provided by the campus atmosphere. Campuses are typically designed to maximize learning and, as such, those who study off-campus miss out on this critical benefit.

Further, distance education still faces stigmatization despite the extensive growth it has realized along the lines of popularity and credibility. Employers often question the integrity of distance learning. Consequently, beneficiaries of these programs may find the job market quite hostile towards them.

In conclusion, a close-up look at both the pros and cons of distance education as discussed shows that they are genuine. As such, to draw the full benefits of this educational approach, necessary adjustments need to be made with the view to address the concerns that surround it. Otherwise, the benefits of this approach are likely to go untapped.