Home Based Business: 3 Excellent Home Based Business Ideas for Part-Timers

In today’s economic turmoil, people are now more receptive to the idea of building a business and are looking for home based business ideas. With all the massive layoffs that have taken place and the unprecedented high unemployment rates, it is smart today for people to have other streams of income other than the primary income stream from the not so reliable JOB. Building a home based business is an excellent method for people to supplement income and/or replace existing income. The following home business ideas can be done part-time while working a full-time job. All of these business opportunities have the potential to earn a real significant income to change a person’s lifestyle:

1. Affiliate Marketing

Affiliate Marketing is one of the many popular home based business ideas available to people. The concept is simple where you the marketer is promoting products via the internet for companies while earning commissions for each sale. Typically you will find a niche and market for the company by placing an advertisement such as banner ads, graphics, or text links to drive the consumer to buy the product. This will earn you a commission on the sales or clicks that the advertisement generates. In this business model of home business ideas, you can also build a list of a targeted market which will allow you to market via email marketing and makes sales over time and growing your home based business.

2. Network Marketing

Network Marketing is another one of the many very popular home based business ideas. The concept is similar to affiliate marketing. You as the independent representative are promoting products and services for companies while earning commissions for bringing a sale. You also have the option to promote the home business opportunities to other people. Promoting the business opportunity allows you to build a sales force and override commissions within the sales team. As your sales team and customer base grows in your home based business, the commissions and residual income grow proportionately. This business model is a very lucrative business model considering the other home business ideas because of residual income.

3. E-commerce

E-commerce is a great option for home based business ideas. The concept behind E-commerce is composed of setting up a website where you can sell products from vendors in any particular niche all across the world. Think of E-commerce as online retailing where you would sell products in any particular niche you wish. For example a variety of pet nutritional products could be sold on your website or online retail store. Another form of E-commerce, is setting up an eBay or Amazon account and selling your own products or products from companies that allow you buy bulk at wholesale pricing.

Although the three home based business ideas are conceptually simple, building any of these three mentioned home based business models is not simple and requires an investment of time, money, and commitment. Be weary of any programs promoting easy road to riches or promises of fast easy money. This is not the case with any legitimate home business opportunity. Remember there is always a learning curve to master. Anyone promoting thousands of dollars in days, weeks, even months can very well be illegitimate and should not be considered with the other home business ideas. The key to finding legitimate business opportunities is to find a company with a good track record, good product base, a fair to excellent compensation plan, and/ or excellent margins for a home based business.

Best Home Based Business Idea

What’s the Best Home Based Business Idea Ever?

I would have to say that the best home based business that I know of today would be eBay.  The guy that came up with this business was really forward thinking.  In a world where we buy and sell everything this was the ultimate business venture.

Now you may not be able to come up with such an ingenious plan that profits you billions, but never fear, you can come up with a great home based business idea.  And one that doesn’t just work for your schedule, but one that provides you with a profit.  You just have to know what business is right for you.

So how you do you go about finding said mentioned business, by doing a little bit of research.  I decided to look around and see what would be of interest to me if I were going down this road and found quite a bit of helpful information on line.

You see if you aren’t sure what your niche is, then you have to find it and that may mean you having four or five business ideas before you settle on one that you absolutely love and that works for you.  You also want to make sure that whatever the idea is, it’s going to be one that is going to bring you a steady source of income.  And in the beginning it probably won’t be a heavy source of steady income, but so long as it’s some kind of income with the potential to turn into a rather sizable amount of profit, you’re good to go.

Make sure that you have researched your target market and that your idea is truly going to be market worthy because of the demand.  If no one is buying antler ears mittens, because no body wants them, don’t decide that that’s your niche.  Unless you have a famous celebrity friend who is going to wear your antler ear mittens at one of their red carpet events.  Then by all means sell away.

Seriously though while no idea is a bad idea, sometimes a good idea isn’t what mainstream is going to purchase and the goal of your home based business idea is to be a profitable one.  So you can one day look back and you can say this was your very best home based business idea ever.  And then when you are making billions, you can look back and smile on this phenomenal business idea.

Home Base Business Ideas – Crazy and Insane Ideas That Work

I’ve seen quite a few things in my life. I deal with home base business ideas on a daily basis, and I’ve seen my fair share of crazy and insane ideas that actually worked and brought in a lot of money. Hopefully the following crazy and insane home base business idea will encourage you to stop wasting your life away and do something productive with your miserable life.

This crazy and insane home base business idea is a story of simple consistency.

About a year a go, a friend of mine opened a website with a few files and articles catering to a small market niche for his home base business idea. His goal was to update the site with new content only on Mondays, Wednesdays and Fridays, and to send a weekly tip each Monday. The members were required to pay $10 a month or $95 a year for this home base business idea.

Twenty people joined the first month. Even more joined during the second month.

Now it is up to several thousand members, but only because of sticking to that simple plan he laid out at the beginning of his home base business idea. There is no affiliate program, no new product launches, just Google AdWords for advertising and some search engine optimization for traffic.

Now how crazy and insane is that? I bet most of you would have predicted failure for such a simple plan, but that’s all it really takes for home base business idea success.

Now think about the time you are spending to try and make lots of money overnight. Think about all the distractions that prevent you from taking action on your home base business ideas. Think about all of your unfinished projects. Think about your unending quest for the next big home base business idea.

Now imagine yourself focusing in on a narrow market niche with a slow and steady plan to implement over the coming months, without fail, for your home base business idea. Then think back to the story of my friend.

Top 10 Home Based Business Ideas

Congratulations in the first place for searching for home based business idea. Like you, I have tried numerous opportunities based on ads, sending off credit card to get the insight from some millionaires, taking paid surveys, acted quickly to receive a 50% discount. I spent thousands of hours and dollars to explore a quick rich scheme to find the best home based business idea.

Out of these exercises, I learnt to do the proper due diligence and I learnt to pick the ones that worked. And I am more than happy to share the top ten home based business ideas with you.

Home Based Business Idea 1: Converting Your Hobbies into a Business
There are basically only two types of things in the world, one type is things you like to do, and the other is things you don’t like to do. Imagine how great life would be if you had a chance to live all your day by only doing the things you love to do.
I would call it living! Athletes call it Zone, Artists call it Flow.
You can live the life of your dreams when you convert those dreams into hobbies. Nothing else is more value than honesty, knowledge and true enthusiasm. Whatever your hobby is, you could make a great living out of it by turning it into a home based business.
What Do You Need?
Passion! You need to identify what your true passion is!
Ranking 5/5

Home Based Business Idea 2: eBay and Auction Selling
For just one moment, remember those days. No internet, no e bay. You put up a garage sale sign, and are awake from 5 in the morning, trying to sell the old lawn mower.
Now come back to current time. If you have the same lawnmower, you can get it listed into e bay, some one from 500 miles away from your home has just bought it for $400.00
Do you see the point? Could you turn it into a profitable business? I made six figure incomes by importing goods from drop shippers, and selling them through online local auction called trade me. Time Spent may be 1 hour a day or less.
What Do You Need?
How to add, subtract, email and know how to list in online auctions.
Ranking 5/5

Home Based Business Idea 3: Web designing
What on earth do you think made me learn web design at an age of 27, being a civil engineer?
Because I knew for what I am trying to achieve, I will need a website. I tried to get quotes from some local companies; sexy sales reps came to meet me and present quotations from 5 to 10k.
I knew there must be some other ways. I put an ad in the local student club, got it done at half the price and the designer showed me how easy it was. I downloaded demo version of Dream weaver and created my next website myself.
If you can design quality websites, I recommend right now quit your day job and start your own web design business.
What Do You Need?
A good PC, web design software (there are plenty of them available on the net even for free) and a bit of marketing
Ranking 5/5

Home Based Business Idea 4: Desktop Publishing
When I first started up my physical business, I knew the value to desktop publishers. How much I wished I could be one. Unfortunately my brain does not work that way! I called up so many people; I required logo, cards and brochure to be designed, and explored so many places, and they were so expensive!
If your brain works in this way, you have the gift to put together brochure and newsletters, you could offer your own desktop publishing service to other small businesses.
What Do You Need?
Although highly profitable, it is not for everyone. You need to be good in designing and efficient in using relevant software
Ranking 4/5

Home Based Business Idea 5: Business Coaching
There are two ways to learn, learning the hard way, by doing the mistakes yourself, and secondly learning the wise way, by learning from others mistakes.
Most of the successful small business owners are smart people and they prefer learning by looking at others mistakes. Also doing a silly mistake may become fatal to the small business owners. That’s why business coaching and mentoring is becoming increasingly popular everyday.
If you have relevant background or experience, by all means go ahead and start your own coaching business. If not, there is plenty of great business coaching franchises available for you.
What Do You Need?
An open mind, ability to feel others problem as your problem, leadership skills, knowledge and industry experience
Ranking 4/5

Home Based Business Idea 6: Child Care Service
Are you a big fan of Daddies day care movie? If you look at your local business directory, you will find that the hot businesses that get sold within two days of listing at a top price are child care businesses.
And the trend will be going up, up and up. As time goes by, parents will be becoming busier, and more willing to spend a fair chunk of their income for a good childcare service.
What Do You Need?
You can deceive the whole world, but you can not deceive a child mind. I really love children and wish I had the childhood connection with super intelligence back. You must be truly caring, and love children, I repeat you must love children
Ranking 4/5

Home Based Business Idea 7: Virtual Assistant Opportunity
Again, thanks to the internet and home based business. How much did a small business owner wished, if I could have a shadow secretary, filtering my email, drafting my letters, looking at the accounts, paying the bills and reminding me of my appointments? It’s a shame I can’t afford one!
Now it’s a different scenario. Virtual assistant opportunities in providing the above mentioned solutions are becoming popular and you could easily ride this tide. You could even employ some staff to help you out.
What Do You Need?
Some secretary skills, efficiency in using computers.
Ranking 4/5

Home Based Business Idea 8: Free Lance Photography
On my graduation day, for the first time in my life I used the service of a professional photographer. I was amazed to see his luxurious studio, his home theatre and audio system, and his collection of cameras and classical music (that is my one weakness).
Did you ever try to purchase a picture of a photographer for your article or college wall journal? Was it an easy task? Definitely not cheap!
If you like photography, you can combine it with internet to create a very successful home based business. You can offer your services as a free lancer to small and big companies, news papers, magazines. You could offer your service to weddings, college functions and where not?
What Do You Need?
A good camera, a good PC, a good collection of lenses and mindset of a good photographer
Ranking 5/5

Home Based Business Idea 9: Writing E Books and Articles
Napoleon Hill, when he wrote his book, got paid $1 a month from the president of USA. But when his book was published and sold, he earned more than a few millions from the sale during the first year.
Publishing a book is another mammoth task, almost a nightmare for a novice writer.
With e-books, you can eliminate this nightmare and enjoy a part of this great success by brilliant authors.
What Do You Need?
A bit of creativity, project planning and management skills and persistence
Ranking: 5/5

Home Based Business Idea 10: Interior Designer
No matter when you are moving to a new home, or re-decorating your home, moving to new office, how much do you wish for a consultation from an interior designer? Do you believe in Fang Shui?
If you are good in colour, material selection and arrangement you should go for it. If you do not have a relevant qualification, do not worry, you can just get one in 3 to 4 months from lots of organizations. Do well in whatever you are doing, and your phone won’t stop ringing.
What Do You Need?
A creative mind, passion for space and making things look better.
Ranking: 5/5