The workforce has never witnessed so many dramatic changes in such a short span of time. More and more people are being forced to work well past 65 because they don't have pensions or their "401k" just wasn't enough. In an effort to lower costs and remain competitive in a global marketplace, the corporations are increasingly relying on outsourcing and even plant/operations relocation at the expense of the domestic workforce.

Abundant supplies of cheap but highly skilled labor in Asia and other parts of the world have helped eliminate real income growth throughout much of the West. So the big corporations get richer, the average worker slowly watches their purchasing power diminish, and there seems very little that can be done about it.  Is there any hope for the average worker in the age of globalization? The best way to control your own financial future in the age of globalization and beyond is to create and run a work from home business.  In fact, there are a lot of great reasons to start your own business in 2008:  Unlimited income potential; Small businesses are well-suited to the global economy; Thousands of opportunities; Control of financial destiny.

Income growth may disappear altogether and ultimately be followed by diminishing purchasing power until wages between East and West reach a balance point. As the intensity of globalization increases, the living standards for millions of Western workers will slowly diminish. With the availability of skilled workers increasing in low-wage nations, so too is the competition for every single job out there.  This makes it easier and easier for the corporations to pay lower wages via outsourcing or even relocating entire facilities. Our income will no longer dramatically increase during annual reviews and it will be harder and harder to even keep pace with inflation. The surest, most effective way to get ahead in this global market is to capitalize on a work from home business opportunity.

Believe it or not, small work from home businesses with a solid core and the capacity to rapidly adapt will thrive in the quick-paced, niche driven global market. As companies shed more expenses by outsourcing more and more functions, an unprecedented number of opportunities are created for ambitious work-from-home businesses.

Small businesses account for the largest percentage of new job creation in the U.S. and many Western European nations. People can transform their former or current jobs into work from home businesses and end up making more money, having greater control, and ultimately enjoying their work instead of dreading it. Small business owners with a solid foundation and the ability to adapt will be one of the few groups to benefit from globalization.

Even in the new global economy, it still takes money to make money.  An infusion of capital will be necessary to start and grow the business. While a declining economy elevates unemployment and freezes wage growth, it also leads to lower interest rates in most cases. A weakened American economy has caused economic troubles around the planet leading to lower interest rates and a prime time to secure some cheap capital for a worthwhile new business start-up.

Millions of small business opportunities will be created in the coming years because of outsourcing--and the Internet. The real challenge, of course, is learning how to distinguish between the legitimate business opportunities and the "get rich" scams. But despite the challenge of identifying them, there is no question that there are more legitimate work from home small business opportunities now than at any previous point in all of history.

In these turbulent economic times, having a work from home business to at least secure additional income has become a near necessity. Outsourcing will continue to force millions of people to choose between lower paying service industry positions or unlimited income potential with a small business. Like all things, however, all small business will either succeed or fail.

The potential for success is only reserved for those willing to invest the time, money, and effort necessary to grow the business properly. Even then, it can still fail. Despite this potential for failure, the fact remains that there has never been a greater probability for success than right now.  The challenge remains in identifying the legitimate opportunities while staying away from con artists!

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