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What is the best possible home business to start?

 
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DefMall

posts: 99

Aug 18, 2008 10:32 AM ET    Quote  Report Abuse
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Drew -
 
I see you joined the community just the other day...yesterday, in fact.
 
So I see a kid who joins the community, insults people who have been here a long time and are sharing their experiences...and then writes a l-o-n-g post that doesn`t equate to much more than: "I can help you make a lot of money, but you have to e-mail me for details.
 
Dude, all you have done is sent SPAM. You`re a joke.
If anyone here should `please go away` it isn`t any of us.
It`s "The Drew".
jwatkins

posts: 145

Aug 21, 2008 5:39 AM ET    Quote  Report Abuse
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Great thread!

There are basically two types of people who start businesses, those for whom their passion turns to profit and those for who profit is their passion. Some stumble upon a business because they are good at something and others are willing to pay them, while others don`t have any discernible or marketable talent or knowledge with which to start a business. From my experience, most people are in the latter category and simply want a way to live a good life, make good money, and not have to do the commuting-9-5-grind every day, but don`t have any special talent or knowledge. That`s why network marketing is a multi-billion dollar business (not that I have any opinion of them).

I see both sides of the coin. Yes a passion to profit makes the most sense and will probably help you endure the hardships more easily. But, for most of us, our passions are illegal to sell in most states.

So, here`s a start to finding the perfect home based business: Find a way to save people time, save them money, make them feel good, or make something easier for them. Therein is defined every business in the world.





-------------------------

Get Out of Debt
CraigL

posts: 9051

Aug 21, 2008 11:09 PM ET    Quote  Report Abuse
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Now see, Jwatkins, there ya go being useless and philosophic, from what we`ve learned reading TheDrew. Better advice---forget all this nonsense about saving people time, money, inconvenience, pain, or effort---would be to find a way to separate people from their money. The more money you can grab, the better the business. It doesn`t require any thought, just a great gimmick.
zlchamp

posts: 70

Aug 21, 2008 11:41 PM ET    Quote  Report Abuse
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Good point....I certainly respect your view.
I suppose my view, as is everyone`s, is formed from the experinces I have had.   I suppose it is a sign of my age.

When I was one of the fair-haired start-up superstars of the silicon valley, I didn`t actually need to grab money...there was plenty of it flowing everywhere...but it was a very much "money first" approach to my search for success.

The unfortunate truth is that, even with millions of dollars in the bank and millions more coming, I did not experience that part of my life as a success. 
I know, I know....It is hard to accept that...and it may sound easy for me to say once the mulla is in the bank...but at the risk of some personal embarassment later, I am being totally transparant here, it was a case of literally crying all the way to the bank. 
 
Imagine a grown man, sitting in commute traffic, literally sobbing he was so miserable with his entrepreneurial career choice.....It is hard to believe a person could feel that stuck...but since breaking free of that life, I can tell you many many people do.  I may say, most.  Maybe not to the point of tears, but how about obesity, depression, abuse, alcoholism, drug addition etc.  These are symptoms of deep seated unhappiness and disatisfaction with life....often subconscious.
 
I am only sharing this because I have never met a person who can honestly say in the end, aftr it all that the money brought success before the passion. 
 
You see, it is not just that passion is missing...it is what the passion is connected to that matters....Purpose.
 
I have published several articles on my blog (see below) about this and it occupies a prominant place in my forth coming book.
 
There is a vitally important distinction that exists between accomplishment and results. 
 
It is important for the very reason you point out. 
 
Most people DO live there lives as if all they really want is to make some good money and not have to grind it out.  But that is not actually true.  It is just what they believe.
 
At the distant end, they see things VERY differently. 
 
These same people, although they may have lived comfortably enough and perhaps had even escaped the grind....if they did not get connected to purpose, and live life passion first, they end up wondering what they accomplished with their lives.....
 
In these cases, the perplexing truth is that they may have accumulated lots of results (mnney, houses, cars, chicks or studs) and never actually accomplished anything that truly matters (to themselves not to others)
 
That is the very reason I am here doing what I am doing.  I want that no-one suffer this tragicly disappointing epiphany.
 

Purpose is far more than the starting-point, it is the centerline

that guides you to greatness and significance over time

 

~Ralph W Schrader~

Chairman & CEO, Booze Allen & Hamilton


Thank you for allowing me the liberty to ramble.  I hope I did not preach.   =0))
 
Steve
ThePerfectBizFinder

 

 

CraigL

posts: 9051

Aug 22, 2008 2:59 AM ET    Quote  Report Abuse
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Steve, you`re exactly right. Anyone who believes that the key to starting a business is get as much money as you can and the hell with the consequences, I think is living in a sort of narcissistic delusion.

All through history we have countless examples of millionaires whose lives are empty and meaningless. Of course there are other millionaires who simply enjoy having the gold. The question is whether or not satisfaction or quality of life means anything.

I`ll propose that when push comes to shove and anyone is lying in the ICU following a heart attack, or they`ve been told they have 5 months to live, given a cancer diagnosis, they`ll start to wonder if maybe all that "silly philosophy junk" has a bearing on anything.

This thread went wildly off the deep end, and it`s unfortunate. So many people really would love to start a business, and have no idea how to begin. Many of them hope, wish, and dream that they`ll make lots of money. But a whole lot more, in my opinion, have discovered that their lives are in a rut, going nowhere, and that there must be `more to life.`
zlchamp

posts: 70

Aug 22, 2008 3:12 AM ET    Quote  Report Abuse
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Agreed,

I can see that this thread was not what you originally may have intended, but I have enjoyed it none-the-less.

I believe there is a shift underway.  The leading edge of the boomers are looking for significance and meaning in encore careers.  The gen-nexters are for the most part unwilling to follow the `old` (circa 1950/60) formula for financing the lifestyle they want to live and are opting for radical alternatives.

Tim Ferris (4hww) is a folk hero.

Eben Pagan built a $20+M per year enterprise out of single eBook he wrote on his lap top in his bed room about the dating mistakes american men make.

Pretty much anyone can write a 50 page ebook on almost any topic and create a wildly successful business generating obscene amounts of residual income.

It`s wild and I love it!

Steve

 

zlchamp8/22/2008 3:16 AM
CraigL

posts: 9051

Aug 22, 2008 4:23 AM ET    Quote  Report Abuse
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In many ways, we`re in the "wild west" of a whole new paradigm. Those who took domain names only a few years back, now don`t have to deal with the nonsense of buying a name from so-called investors. Look at what eBay`s doing today, versus when it was new.

There`s going to be a time, soon, I think, that everyone will suddenly decide it`s time to start a business. The ensuing stampede will overwhelm the system, and the bottlenecks will be a nightmare. So to answer the original question about what`s the best possible home business to start? I`d say...one that begins Now! :-)
zlchamp

posts: 70

Aug 22, 2008 11:27 AM ET    Quote  Report Abuse
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Yeeeh Haw Partner 
CraigL

posts: 9051

Aug 22, 2008 4:49 PM ET    Quote  Report Abuse
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jycmba

posts: 9

Aug 25, 2008 3:56 PM ET    Quote  Report Abuse
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I second CraigL`s post - talking daily to business owners, the successful ones clearly enjoy what they do, the others are trying to get out of something they thought would make them lots of money. (For more, check out my blog - http://www.johnchang.info/followyourbliss/)
 
While it definitely helps to have experience in the industry or field you`re interested in, it`s more important to assess your skills and consider how they may carry over.
 
Human nature - especially in the the immediate gratification mode of the Western world - is about having all the answers after taking one weekend seminar, reading a book, or just one coaching session for $995.
 
But the reality that self-improvement junkies don`t want to hear is that there is no magic pill or silver bullet. It`s a continuous process.
 
I frequently recommend "The Alchemist" by the master storyteller, Paulo Coelo - even though it`s a work of fiction, I put this as a top read for business folks and entreprenurs, over the latest "One Minute Secret to Internet Riches" guide or the newest "How to Conquer China" manifesto in the business section. To paraphrase "there is no way to following our bliss, following our bliss IS the way."
 
 
jycmba9/13/2008 5:21 AM


-------------------------

John Y. Chang, MBA
SEO Copywriting / Web Marketing /
Exit Planning Consulting
Daniel Winkler & Associates

(510) 550-7255
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