Finding the Right
Home Based Business
by Julie Frost
Over the
years, many people have said to me "I'd love to start a home based
business, but which kind would be the right one for me?" The answer
is difficult, as it is different for just about everyone.
I looked for 5 years before finding
the right home based business, only to find out two years later,
that it really wasn't the right business after all! I searched high
and low, read just about every book on the subject, and still found
myself struggling to find the 'right' biz! Luckily time and
experience finally led me to that home based business that really
was "the right one". But I'm sure YOU don't want to wait that long.
So, what can you do? First, there are some questions you have to
answer before you can decide on a business. It's important to
remember, when you work for yourself, you are your only employee -
you have to do everything from marketing, to accounting, to taking
out the trash -- and everything else in- between (unless you
outsource). You will probably work harder for yourself then for any
"Employer" you've ever had!
That said, I believe it's extremely important to find something
you love, something you are passionate about, and then you can turn
it into your business (or find a home based business opportunity
that is a good fit). It's much easier to get up in the morning and
start doing something you love then it is to get up and force
yourself to work. There will be no boss to poke you along; just you.
So, what questions should you ask yourself? First and foremost,
what do I love doing?
When answering this question, be open minded! Don't hold yourself
back by saying things like "I could never make money doing that!"
That is not what this exercise is about. Just jot down some things
that you really enjoy doing, and try to be as honest as possible.
Try to remember times when you felt happiest, your most vibrant and
alive. Write those things down, even if they don't seem 'work'
related (yet!).
Once you have finished writing down the things you are most
passionate about, try brainstorming about how to turn those ideas
into a business.
The next question you must answer is "Where do I have
experience?"
This can be a very important question, or, believe it or not, a
completely irrelevant one. Many people start their own businesses
without an ounce of experience in their business field. You may need
to take classes, attend seminars, or just practice, practice,
practice before you learn your trade.
But the question still needs to be answered. This 'experience'
need not come only from prior jobs, but also from volunteer
positions, hobbies, school, etc. Once you have finished writing this
down, try to see how your experience could help you turn your
passions into a business.
Another question you should ask yourself "What contacts do I have
from my prior experience that could boost my business?"
But don't discount your former employers, teachers, and/or
friends and family as possible sources for business and/or
networking.
So, taking your passions, experience and contacts into
consideration, your answers might look something like this:
You have a passion for Art, went to school and received a degree,
and know many gallery owners. If it's that cut and dry, you have a
link, and a very feasible place to start your brainstorming. Many
times these links will not be so obvious.
Finally, "what resources or assets do you have?" This is
important.
If you want to raise Emu, but live in a condo in the city, you
will have to find a way to obtain land and care for the animals. On
the other hand, if you have a great computer, and you want to start
a desktop publishing business, you may only need some software. The
more assets you have related to the business you want to start, the
better. Because if start up costs are low, you chances for success
should be much higher.
Whatever business you start, you must prioritize.
Can you work "from" home (when the actual "work" is done
somewhere other then home, like in the cases of the following
businesses: landscaping, handyman, direct sales via home parties,
etc.) as apposed "at" home (graphic design, newsletter
publishing, web design, etc.)?
Will your business be full or part time? Will you need to
schedule your work around nap times and soccer practice, or a part
time job?
Will your business fit well with the lifestyle you want? City
dwellers probably wouldn't enjoy ranching, and folks who live in
rural areas probably would want to start a personal shopper
business.
If you answer these questions, and still don't have any ideas,
give yourself some time... do some research.
Don't get sucked into a scam, just because you want to work from
home. And don't get into the latest 'hot' home business just because
everyone else is doing it, because you will probably end up quitting
because it was never something you were passionate about.
On a final note: If you think you must start a home business,
because you need money as soon as possible, remember that most
businesses don't actually make money for many months, if not years.
Building a business takes time, effort, persistence, and a passion
for what you do!

Julie Frost may be contacted at
http://www.YourHomeBiz.com/
Julie@yourhomebiz.com.
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Julie Frost is the owner of www.YourHomeBiz.com -- The ezine that
helps you find, start, grow, and succeed in your own home based
business. You'll find 100's of home based business ideas, business
opportunities, articles, classifieds, and much more. Be sure to sign
up for her free weekly email newsletter, YourHomeBizWeekly. Contact
her through http://www.YourHomeBiz.com