What is your passion? Do you have a hobby? Ask yourself what you enjoy doing in your spare time. It’s extremely important to really think about this because you could have a product or service that’s related to what you like doing.
Doing this can cut down on your learning curve and , let’s face it, do you really want to operate a business based on something you DON’T like?
Most successful businesses have borrowed an existing idea and improved it or re-applied it in a new way. You don’t have to re-invent the wheel. Home based businesses usually fall into one of the following three categories:
1) Products
2) Services
3) Information
