If you are an entrepreneur you probably get simple home business ideas flying around in your head all day long and if there aren’t a bunch of new business ideas floating around up there, you probably see ways to improve your business or lifestyle wherever you look.
If your anything like me, your experience of going to a coffee shop or visiting a local merchant, is more like an evaluation or an adventure than it is a task. I see smart, and dumb, small business ideas everywhere I go. I’ve also learned to predict, with some accuracy, about how long a business might be around.
I gotta say this too, I really appreciate a good small business. I have a deep respect for any entrepreneur but especially one who has intentionally created an experience for a customer that comes back again and again.
I like simple business ideas. I think they are the best ones.
A favorite question: Would people pay for that?
By the way, share with our visitors any ideas you have of home based businesses or small business ideas that have been low cost but powerful. Do it in the comments if you feel moved.
It seems entrepreneurs are idea people. I love business ideas or any idea that creates the situation of money being exchanged. I find it fascinating, the idea of trade, the agreement.
Money really has no value outside the agreement two people make. Whether its smart marketing or a candid conversation, someone decides to buy, they agree on value and offer their hard earned money.
Over the years I’ve had a number or employees, friends, and family who all have, in one way or another, offered their opinion on being in business for themselves. A common theme I’ve heard is: “I don’t have enough Money to start that business”…..
I have another view. Our experience helps create our opinions and our opinions help create our experience. Opinions have power if you give it to them.
I started a concrete business in my early twenties with no money, really none. ( of my own ) I got a couple hundred bucks from a guy who wanted a floor in his garage, bought the few tools I had to have and was on my way. Five or six years later, we had 30 plus employees and did over 2 million in sales. Sooo… when I hear, “I don’t have the money to start this business I’d really like to start”, it sounds uninformed, know what I mean?
A service oriented buisness is a good business to start for the new entrepreneur. Many are inexpensive as far as start up capital is concerned and everyone can offer one service or another. Most service businesses like construction, home improvement, yard maintenance, window washing, cleaning…etc. can all be started for under 500 dollars. Home based business doesn’t require the start up capital that most traditional small businesses do.
Consulting is a simple home based business that can be started with little capital. Most professionals already have a home office and the equipment to get a home based business started. Small business consulting, interior design consulting, continued education consulting, tax consulting, home health care consulting, the list goes on. Do you have expert knowledge that people would pay for? Then sell it. Let people know what you can offer, ask them if they would like to buy it. Be creative.
Home Based Business Ideas
Successful home based business ideas are always connected to something and someones. It is smart to start a home based business that is serving an existing market. Creativity is tricky, too much and its a flop in business, don’t reinvent the wheel, try making it better.
Marketing a home based business is an area of expense, and a big expense if you not careful. Marketing can really get out of hand. I suggest a marketing system that utilizes third party influence. I mean your customers. Come up with a smart way to get your customers to do what you want them to do which is to keep buying the products or services your small business offers and get other people to do the same. This tip, while not specific, is what makes a home based small business successful. Always do that, and after you’ve done it, do it more.
I like blogging as a home business. I enjoy writing about small business and personal development. So I have a few websites that earn money. Using the Internet to make money from home is a great business opportunity. I think its overlooked and under explored. Most people look at me funny when I tell them I author a couple small business websites. They ask if I’m a writer, I say….”not really”, cause I’m not, I don’t think?
Anyway I hope this gave you all some food for thought. Small business ideas that you get excited about are good small business opportunities to explore. If your going to be doing something you may as well enjoy it, right?