What Are the Worst Home Business Ideas?
If you kind into any search engine “home based business”, you will get a large number of informative articles, press releases, blogs etc…The majority of which will be dealing with the best and most popular characteristics to look for in a home based business. This is a great place to start and will serve many people well. There is also more information of a different character that can help people avoid some major problems. Let’s call this group “The Worst Home Based Business Ideas.”
It takes a lot of effort to make a home business a success. To assist you in making it a success, here is a list of ideas or things to be avoided when considering a home business.
1. For some people, this first point is not as important as it is to others. For me, it is a top concern. If a person is considering starting a business that is in an area or deals with a product that he/she does not enjoy or have any belief in, this is something to be avoided. If you are considering selling vitamins and personal care products and you truly believe all vitamins are the same and you are just trying to push the vitamins to make a buck, this will prove to be a huge waste of time, effort and money. possible clients will almost always be able to pick up on the fact that you don’t really have a belief in the products and won’t put much value in your words.
2. Any home base business idea would be considered a bad idea if you do not have the funding required to adequately get it off the ground. If you instead consider risky and potentially disastrous personal financial moves such as taking out a second mortgage on your home, withdrawing from your retirement and/or college education savings and taking your credit card balances to their maximum, you are running the risk of causing a great deal of grief and the risk of a miserable outcome far outweighs the chance of success. For every rags to riches story that talks about the down and out mom of five who scraped together her last two nickels to get her now million dollar business off the ground, there are at the minimum 100 such instances of moms who will have lost that last bit of money and the children’s college funds are far worse off than they should be.
3. If your current home business idea is the new “sure thing” and you have already inappropriately spent time and resources in less than successful attempts with other home businesses and your path is not clearly defined, almost any idea can be a bad one. This is not to say that all hope is lost. There are resources to help you find your way. There are plenty of tests on line to help a person find out what they truly enjoy, and may or may not be good at doing. The people closest to you can also be of great assistance. Friends and family know you the best and will be honest with you. They want you to succeed.
4. already though this aspect is last on the list it could easily have been first as far as importance. The time you use with those special people in your life and the time you use being active in your community and spiritual activities is probably already dwindling with today’s hectic and fast paced lifestyle. Your daughter will have only one first recital. Your wife may only get that “big promotion” once in her life. These times are very precious and few and far between so any home business idea that will take you away from these times is a bad one and should be avoided at all costs. If you are looking to enhance the quality of your life, keeping things properly prioritized is basic.
As you continue your search for a home based business, I hope some of the issues discussed here are useful in your decision course of action.