It's 2013 and you're committed to making a change for the better. Please know that this new year is standing before you with arms wide open awaiting your fresh ideas. So what magic ingredients are vital in your new home business? The game has changed in the last couple of years and I would like to share some insights.
First, assess your environment. Your environmental assessment includes writing down as many factors as are pertinent to your success as you can think of. Ask yourself some of these questions:
Where do I live? A big town? Small town? This matters because, for example, if you live in a small town with a small population you have fewer potential customers. If that is the case you have to consider competition. Is there already an established competitor in place? Are you sure there's room for another? Remember, the smaller the environment the smaller the customer base. In that case you might consider a venture that you can do online as well as locally.
Where do I live? A big town? Small town? This matters because, for example, if you live in a small town with a small population you have fewer potential customers. If that is the case you have to consider competition. Is there already an established competitor in place? Are you sure there's room for another? Remember, the smaller the environment the smaller the customer base. In that case you might consider a venture that you can do online as well as locally.
What culture do I live in?? Younger people? Older people? Wealthy people? Not so wealthy people? Make sure your business aligns with the culture of where you are. Older people? Think home services. Paint kitchens. Clean kitchens. Right? On the other hand, think about the younger population. Childcare, anything related to fun, second hand kids store, cater party picnics and whatever else you can dream up for a more youthful population.
Assess yourself. How much time can you devote? Any physical limitations? Obviously you wouldn't want to start a roofing business if you're afraid of heights. Have you shopped for a business that you can see yourself doing and enjoying? Maybe you don't have a bunch of time to devote to a home business but still need to make some extra money. Sell products via an online store? Excellent idea - you can offer your products locally as well as online. Get a rear window decal for your car with only your web address on it. (Hey, this works!)
Assess your finances. The amount of financial resources available to you will definitely guide your options. Don't be thinking you need a bunch of money to get started. You could start the largest lawn care business on the planet if all you have today is a lawnmower. Some amazing home businesses can be started for less than a hundred bucks.
Last but certainly not least, consider this the biggest roadblock to starting your own home business. Fear. So, as my wife would say - just get over yourself. Most successful home business owners ( or ANY business owner for that matter ) will tell you to just do it. Don't get everyone's opinion. The less you talk about your planned venture the closer you move toward pulling it off. Keep it a secret and surprise them when you're up and running!
Dave Rule has spent over thirty years in sales and computer technology. If you are shopping for home business opportunities please visit us today.
By Dave S Rule
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