What an advantage to those with reliance on advisors of financial savvy, early on in their lives, with rest of us still trying to make some sense of it, even today. How many times did thought strike you 'I could be rich now, if only all these facts had come to me as a kid, or at least much earlier...'

Why then would you let your kid(s) experience same lack of practicable financial strategy?

Hillary Adams, a former white collar worker, felt same, every time her son asked her for an advance. All her talking about not having enough money and his having to be more careful with his spending did not seem to be understood by him.

She needed facts and a way of demonstrating, and soon.

About same time she quit her job and went into business for herself, she began digging for a sensible solution.

First, in her research and many a night spent in books, she discovered term 'passive income' and a fascination with its concept.

Passive Income? Does it mean it just 'sits there'? Or, regardless of what one does, it's inactive?

Not exactly. Passive income is cash-flow obtained without linear time involvement. In other words, while you sit on porch knitting, your passive income is generated, non-stop. All you had to do, is work once.

Now, secondly, Hillary, after discovering concept, thought of all benefits this way of doing business could include and began to motivate herself for several days into finding a way to make a small investment on behalf of her son with a very important 'switch' in mind.

Listen to what she did.

Just sound of word can conjure up feelings of nervousness.

Risk - The possibility of suffering harm or loss; danger.

A factor, element or course involving uncertain danger.

As much as we may wish to avoid it, succeeding in business, as

well as in life, will almost always involve a certain amount

of risk.

If you want to double your success rate, then double your

failure rate. This can involve some risk.

Look at great leaders in history. At many points along

their journey to success, each one took great risks. Whether

it's a business leader such as Bill Gates of Microsoft or

investing magnet Warren Buffet; military leaders such as

General MacArthur or General Colin Powell, or religious leaders

such as Jesus Christ or Dalai Lama.

Each of these individuals have faced tremendous challenges and

taken great risks along their journey's toward success.

Taking risks in your home business can involve deciding when to

go full time. It can be adding or reducing a product line or

service that you offer, taking out a loan to expand your business

or changing direction of your business all together.

The biggest fear surrounding risk is that of failure. That

word, also, sounds pretty bad, doesn't it? That's because you

have been conditioned to believe that failure IS bad. But, is

that really true?

Let's turn that around a little and consider fact that

basketball great Michael Jordan misses over 50 percent of the

shots he takes.

The best batting season in baseball's history meant that the

batter didn't even make first base 589 times out of 1000.

That's greater than 50 percent!

What about richest people on Wall Street? They don't

always pick winning stocks. The great military leaders don't

win every battle, but they do win war.

And, Bill Gates? Well, he's suffered his share of perceived

failures lately, but you can hardly look at him and his company

as anything but wildly successful.

So, how does this relate to you and your home business?

Quite simply, you must be willing to take a few risks,

although calculated, to experience kind of success you most

likely want.

When is perfect time for you to go full time in your home

based business endeavor? In my experience, there is never a

"perfect time." There is only a time that appears to be better

than other times.

What about adding or reducing a product line? Well, nothing

ventured, nothing gained.