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We have all seen the inviting headlines: "Home-based Business Ideas That Can Make You
Millions"; "The Hottest Home-Based Business Ideas to Use Now!"; "Launch a Successful Home-
Based Business with These 10 Can't-Miss Business Ideas." The list of such headlines is endless,
followed by articles that galvanize the reader's interest in starting his/her own enterprise with
visions of "happily ever after" outcomes.
But the first idea that I must present is that envisioning and dreaming about a home-based
business is only a prerequisite towards successful entrepreneurship. Constructive action must
follow any home-based business idea!
There exist so many entrepreneurial wannabees who remain in a constant state of immobilization.
Such individuals often possess intelligence and creativity, even thinking outside of the box, but
remain entrapped in the idea that they cannot pursue a home-based venture due to time or
financial constraints. Others feel powerless to take action because they don't know where to start.
Indeed, they are uncertain as to what steps to take, going from inspiration and cognition to actual
business production. Still, other aspiring entrepreneurs must confront self-imposed limitations,
believing that they are incapable, incompetent souls who are not deserving of acquiring good
fortune. Fear often predominates their collective mindset as there is much trepidation that the
outcome of any home-based business idea will be an unfavorable one.
Regardless of the reason, refuse to remain in a state of immobilization. If you have an idea for a
home-based business, go forward with it! Of course, any idea for a business venture must be
thoroughly researched and evaluated. One needs to consider the competition, costs, labor and
time involved, the methods and procedures of the given business, potential return on investment
and a host of other issues. The importance of business preparation cannot be underestimated.
However, if you determine that the idea is viable and has merit after engaging in exhaustive
research (even calling upon experts for advice), you owe it to yourself to implement it.
But many people who want to quit their jobs and discover their ideal home-based business may
not have a concrete idea as to the type of enterprise to launch. Others may possess a few
simmering thoughts as to which direction to go but the primary idea that resides in the cyberspace
of their minds is that they are just desperate to work at home!
In order for a particular home-based business idea to germinate, perhaps one must first explore
one's own interests. Is it possible for an avocation to become a vocation? If you are passionate
about creating jewelry, for example, that may be the underpinning of a home-based startup jewelry
business. If you are a photography aficionado, photography may be the means to gain self-
employment.

2. Successful Internet marketers always trumpet the importance of finding a niche. Your interest
may uncover a niche that proves profitable. If you can tailor your hobby and interest to meet the
needs and demands of a particular market, you can quickly prosper.
Local markets can even be tapped to develop a money-making enterprise. Consider a home-
based entrepreneur who creates a free community newsletter, receiving advertising dollars.
Another may find it more creative and profitable to sell a map of the local establishments,
designed on a placemat presented by a given restaurant. The businesses listed on the map pay
to be highlighted. Think about those who have created local surveys and reviews (comparing
restaurants, hotels, etc.) and selling the resource at bookstores. The jeweler and photography, in
our example above, may create work that reflects local influences, and thereby, gains local
popularity. For example, I have a friend who resides in Alaska who is a sculptor and
photographer. He has an inherent love of nature and outdoors, and captures the Alaskan
wilderness and myriad forms of wildlife in his work. His creations subsequently capture the
attention and dollars of his fellow Alaskan residents.
Obviously, an interest or passion in a particular field should be accompanied by a certain amount
of competence or skill. It is difficult, for instance, to become a successful artist if one does not
know how to draw. Proficiency need not be inherent; it can be developed. But one should have a
firm grasp of one's abilities, talents and, don't minimize it - potential. As Carol Brady, celebrated
TV mother of the Brady Bunch series once wisely declared, "Find out what you do best and do
your best with it."
(When developing an entrepreneurial mindset -- when you are trying to create and define your
home-based business ideas -- be open to all resources, including popular cultural influences such
as television programs and movies. Indeed, as actress Melanie Griffith said in her role as Tess
McGill in the movie, "Working Girl": "You never know where the big ideas will come from.")
While exploring your interests and aptitudes, as you are open to a plethora of possibilities and
opportunities, think about the prevailing winds of societal needs that change from time to time.
Are there any national or local trends that you observe? Are there any growing markets? What
are some fundamental needs that can be satisfied on a local and/or national level.
Unfortunately, for example, consumer debt continues to skyrocket in the United States. Millions of
Americans owe more money than they make. So many people merely pay the interest portion, not
the principal, of their credit card bills and find it increasingly difficult to pay crucial bills, such as a
home mortgage. Any real estate agent can attest to the steady and scary upward climb in the
rates of foreclosures. Opportunistic companies are responding to this alarming trend. Home-
based businesses relating to the burgeoning consumer debt are proportionately increasing,
specializing in credit counseling, debt consolidation and even collection.
Consider another trend: While we continue to become more health and fitness-conscious, the rate
of obesity remains on an upswing. Certain home-based businesses cater to each demographic
and some to both. A self-employed fitness trainer primarily taps into our collective interest to get
into better shape. A purveyor of weight loss products gains from our national obsession to lose
weight. Those who are designing programs that incorporate an exercise regime with a
recommended protocol of dietary modifications may prove to be doubly fortunate.

3. So keep your finger on the pulse of "hot markets" and you may warm up to a very profitable
undertaking. But don't be afraid that your home-based business idea is too common, especially if
it relates to tried and true home-based businesses. You may have an idea to add a twist to any
business and deliver your own brand of special service.
Among the most frequently touted best home-based businesses include computer repair,
childcare, coaching (life coach or Internet business coach) and tutoring, distributing and selling
tangible goods or information-related services, interior decorating, photography, transcription
services, dealing antiques and collectibles, handicrafts, baking, sewing and gardening and
farming. The list is not exhaustive but presents fields that have proven profitable for the home-
based business owner.
Many home-based business entrepreneurs decide not to walk or run on the conventional path.
Their home-based business ideas are unique. Look at this creative entrepreneurial venture:
Providing surf reports to those who want to "hang 10." The owners of this business are hanging a
lot more zeros when it comes to their bottom line. Another company profits from the absent-
minded by offering a "reminder service," reminding clients about special dates or occasions
several days in advance. Many home-based business owners make a living by providing
specialized instruction: Stop smoking groups, public speaking courses, women's empowerment
seminars are all variations on the theme of providing direct instruction. Maybe I should start a
tutorial center on viable home-based business opportunities ... but then again, this field is already
saturated.
Even absurd home-based business ideas can take off, leading to early retirement for the home-
based business owner. The Pet Rock, Designer Dirt, deeds to land that once belonged to famous
people (e.g, Abraham Lincoln, Elvis Presley) have all contributed nicely to the financial coffers of
their creators. Certain television programs love to highlight the offbeat, out-of the-box home-
based business owner who has a unique idea. Think of something unusual and you will get
massive publicity, especially if it involves a celebrity. I'm sure there are entrepreneurs right now,
for example, who are getting a fat wallet on the coattails of Paris Hilton with their "Free Paris" t-
shirts, bumper stickers, buttons and posters. They can even cater to the "Anti-Paris" community
with their "Don't Free Paris" paraphernalia.
In conclusion, it is crucial to act on the idea of pursuing a home-based business venture. Do the
required research and preparation and consider your talents, abilities and potential. Think about
any trends in business or growing markets that you can use to your advantage. Learn about
businesses that have proven to be profitable for other home-based business owners. And do not,
under any circumstances, be afraid or hesitant to think outside the box. In our culture, a crazy
idea can very well lead to crazy money.
These home-based business ideas may transform your aspirations into action. You deserve to be
your own boss - the captain of your own ship. Let your ship come into port!
Author, Andy Lax, is an account manager at IntelliCollect– a merchant account company that
provides home-based merchants with credit card processing and electronic check processing
capability. This credit card processing company offers the best rates, exemplary service and their

4. own potentially lucrative affiliate program, perfect for any aspiring home-based business owner to
join.
Andy will also pursue a part-time home-based business. He is one the few people who loves his
full-time job!
Article Source:
http://EzineArticles.com/?expert=Andy_Lax
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Hi, thanks for reading my article. To learn more please click below!
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