Considering a home business? Ongoing economic issues and technological advances have created an ideal environment for new entrepreneurs. Some recent start ups have experienced tremendous success: Facebook, Google, Twitter, and Pinterest are recent examples. Each company is a household name and a dominant in its market niche. Each also started in a small apartment or college dorm room, not in a huge office space with resources aplenty.
Chris Gattis left an excellent comment on Homepreneurs blog today: “…Most small business start-ups begin with bootstrapping techniques to offset a lack of cash. However, many hopeful entrepreneurs are sitting on the sideline waiting on the economy to get better before starting. Now is a great time to get started. The generally down economy will keep you focused on finding sales and keeping costs in check. Once the economy picks up, and it will in time, you’ll have an organization and systems in place ready to leverage for growth.”
Simple process: Ask a qualified expert about options, document any expenses, and market the product to your chosen niche. With a little planning, fair pricing, and a desirable product, I can make a little bit of extra money on the side. My plan is to sell primarily from a web site with a few craft or art shows added for additional exposure. Use your talents and contacts, look for opportunity, and follow through!