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.

Home Based Business Ideas

A good idea before deciding on a home based business idea, would be to consider if a home based business is right for you. We would all like to not have to make that morning and evening commute, and to be our own boss, but to make a home based business ideas successful will take a lot of work and focus. You need to be ready to put in lots of work to start your business and a lot more work to make it a successful business. Depending what is going on in your day to day life, will help you decide how to turn your home based business ideas into a reality.

You can watch home based business ideas grow into a full time business with some hard work and quality time invested. When you make home based business ideas work, you will enjoy great advantages over regular employment.

When you operate a home-based business, you can make money without having someone looking over your shoulder all the time. You can be a stay at home mom or dad and take care of your family without guilt. Making a success of your home-based business ideas will be rewarding for you and your family.

Starting a blog is one home based business idea that can be very successful, because you can target people who have a problem and then provide a solution for that problem.

How about selling on eBay? Many people get started this way, often by selling old junk that you no longer have any use for.

Email Marketing is another home based business idea where you use various techniques to build up a list of prospects and then send these prospects a mixture of information and subtle sales pitches.

Making a website is another home based business idea, where you start of a new stream of cash flow which can become very successful if it is done the right way When your website has become popular, there are many ways in which you can monetize your website.

A very important factor with your home based business ideas is time management. You need to have a plan based on priorities, and by staying focused, your home based business idea will be successful.

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

Home Based Business Ideas: Energy Efficient Products and Services

Have you ever taken a look at a home based business in the network marketing or direct sales sector? If the answer is yes, that’s fantastic; you have an idea of what network marketing is all about. The awesome thing about a home based business idea in network marketing is that the cost to start your business and buy into a proven system is minimal. Most home based business ideas in the network marketing sector are pretty much under $1000.00 and most are $500 or less. Now we come to the success rate of people who start businesses in the network marketing sector for under $1000. What I have noticed is that when you have not mortgaged your home and entered into a major contract with another company somehow the urgency of owning the home based business and the drive to succeed seem to diminish. Before we ever get into the various products and services available in the network marketing sector in today’s climate we have to discuss the psyche of the person wanting the freedom they are requesting. I have spoken to so many people who start out with a bang and kind of loose their gusto in 3-5 weeks. Sometimes people will last for about 4-6 months then the fire diminishes. Why is that? Well, I know one thing, if I had 50k or more invested into a home based business idea it would not take 4-6 months before I throw my life savings away.  Although, since many network marketing business are under $1000, most people don’t have enough on the line to take their network marketing home based business ideas seriously enough to succeed.  Let’s assume you have the drive to move past that 4-6 month mark. This seems to be the mark where unsuccessful people stop and successful people continue to push forward.  Now you have to decipher if you are in the right business model for optimal success.

Most network marketing companies have traditionally been in the cosmetic, weight loss and health and wellness sectors. In recent history (the last 15 years) there has also been a big surge of technology home based business ideas also such as cell phone businesses, satellite home based business, Wi-Fi home based businesses and others. Even more recently, in the last five years to be exact, there has been a huge push in the energy efficient products and services industry.  

I get excited when I think about the history already made by the first two residential energy companies to offer their services to consumers by way of the network marketing home based business model.  According to Jim Melloan, project manager of the Inc. 500/5000 project Stream Energy grossed $848,000,000.00 for the year 2009.  This company was founded in 2004 and officially started doing business in March of 2005 in Texas.  Home based business owners are able to start a business with this company for less than $500 and are able to refer their friends and family to save money on their electricity and/or gas bills.  They later expanded to Georgia in 2008 and are now expanding to Pennsylvania. 

Next we have another notable company named Ambit Energy, founded in Texas in 2006; it followed Ignite’s footsteps offering the home based business idea for less than $500 in the Texas market.  It soon expanded to New York in 2007 and Illinois in 2008.  I know because I was part of the excitement!  In 2009 the company had a record 20,369.4 percent growth with revenue at $325,000,000.00!  So with these numbers in the home based business/network marketing sector you would assume there are some winners that are just like you and I, who are making a percentage of that success right?  Of course there are and I witnessed this happen first hand.  For under $500 in both companies, multi-millionaires were created!  There are several thousandaires and many people who have found an additional income that has saved them from foreclosure, replaced car payments, paid for their children’s educations and much more! 

So far I have discussed two companies with astounding numbers reported that concentrate on doing one thing, saving the average family money on their electricity bill.  There’s another trend happening in the energy business.  A new company called America Approved Energy Services Direct., LLC has emerged offering a home based business in the same space but with a few tweaks!  For one, America Approved Energy Services Direct., LLC aka AMA Nation was founded in October 2009.  Peter Jensen, Robert Gries and Scott Turner came together to offer a home based business opportunity in the network marketing sector with the product once again being residential electricity. AMA Nation started out in Connecticut, and then soon expanded to New York City.  Over the last year they have have a lot more territory than the first two.  Currently, America Approved Energy Services Direct., LLC is the marketing arm for several suppliers which allows them to provide this home based business idea in 8 states for opportunity seekers wishing to concentrate on the residential market which include NY, NJ, CT, MA, RI, PA, MD and TX (soon to be 9 with IL)!  So with the astounding numbers posted by Ignite and Ambit in only two and three states respectively, AMA Nation will certainly shock the industry with their three-year numbers.  Now here’s another shocker, by July of 2010 America Approved Energy Services Direct., LLC has also allowed their home based business opportunity seekers to acquire business in the commercial sector of energy deregulation as well. Opportunity seekers looking for home based business ideas are also able to do business in 15 states on the large commercial side of energy deregulation.  So when it comes to energy deregulation, America Approved Energy Services Direct., LLC now has the largest footprint in the industry.  By August of 2010, America Approved Energy Services Direct., LLC also added over 200 energy efficient products and services to its repertoire allowing home based business owners to also make money in other emerging markets such as solar panels, Led Lighting retrofits and much more.  The most impressive factor in all of this is that you have the income potential of a major franchise in a network marketing business model for less than $225.  So many people are recouping their initial investment within the first week of being self-employed in the energy business. 

My team and I have been getting many ideas about how to build our business from local news happening around the world!  For instance, the article titled All Agua Fria high schools will have solar panels written by AZ Central.com on 16, 2011 at 07:30 PM gave us the idea to start calling the schools our children attend to discuss the energy saving options and grants available.  Another article written by LehighValleyLive.com discussed how IKEA Aims to Extend Solar Power Trend to Costa Mesa which gave us the idea to start going after department stores and restaurants in the California area.  So with AMA Nation, my team of independent home based business owners and I have found this business model to be much more lucrative because we are able to tap into the entire energy efficient products and services industry.