There are more models today on which to base your business than ever before. The key is to choose the business model that fits your life the best. This will ensure that you spend the right number of hours on your business at the right risk level, and that you have the appropriate funds in place to make it a success.
Business models come in different shapes and forms, including full-time vs. part-time, home business vs. working at an office, brick & mortar, bricks & clicks, ecommerce, franchising, etc.