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Every day thousands of people are looking to get out of the “rat race” to work at home. Most of those people want to get started on a home based business so badly that they do not always make wise decisions in choosing a home based business opportunity. As a result, many fail miserably and are left worse off then before they started. This, of course, does not need to be the case.It is very possible, and doesn’t have to be all that hard, to find a legitimate home based business opportunity. As discussed in my previous article, “Why Do Most Home Based Businesses Fail?” there are five major reasons most home based businesses will never work.In this article I am going to give you six more reasons why your home based business will fail, if you are not careful when choosing:#1 – Most new opportunities do not help you make money. They will give you some ideas for making money, but then leave you out in the cold by having you do everything on your own. There simply is no good support system. Nobody should be a part of a business opportunity without a good support system.A good support system should include at least some of the following; Good leaders, help forums, ongoing training, conference calls, marketing tools, suggested resources, ebooks, blogs, FAQ’s, etc… Basically they should have many ways to help you as much as possible with any question you might have.#2 – Unfortunately, some home business opportunity owners will take your money and run. There are too many fly-by-night operations out there that will not hesitate to scam you. The problem is their promotions sound just as good as the legitimate opportunities. To avoid this, you should be very skeptical about each home business based business opportunity you are presented, examine and research them carefully, and then make an informed decision.#3 – Some home based business opportunities will have you working long hours for little pay. This is a good way to get burned out, tired, frustrated, and eventually quit. Why become part of a home based business opportunity that is like a regular job? Of course, with any home business, you will have to put in a lot of time, energy, and resources for the first year or more, with little in return. But don’t get that confused with an opportunity that you will never make any real money in, no matter what you do.#4 – Many home business opportunities offer products nobody really wants. You should never try to market any product that people couldn’t care less about. Do this and you are doomed to fail. Always remember that the market for your products or services comes first, and the product or service must be something that people actually want. In addition, it is best that the company who offers the product or service has a proven marketing system in place to help you promote them.#5 – Many home based business opportunities force you to become a salesperson. Yes, you will have to do some selling in any home business, it just can’t be avoided. However, you should not have to spend your days cold calling leads or trying to sell ice to Eskimo’s. Don’t get into one of these businesses or you will get burned out quickly, unless you love to sell. There should already be an established market for the product or service and a system in place to eliminate as much of the “selling” as possible.#6 – Some home based business opportunities pay small sums of money and no residual income. Stay far away from these! If you market products or services that don’t sell for very much money and don’t offer any residual income, it’s going to be almost impossible for you to make any real money or obtain financial freedom. There are plenty of opportunities out there where you can make a good amount of money per sale as well as earn residual income. It takes the same amount of effort on your part so don’t waste it on anything less!So, there you have it… six more reasons why your home based businesses will fail if you are not careful. Do your homework and look for potential problems with any home based business opportunity before you get in it. Make sure it doesn’t have the problems outlined above, and then make an informed decision.I want to leave you with the same final thought as my last article on this topic… No opportunity is perfect in every way. Don’t waste your life searching for it because it doesn’t exist! Just find one good home based business opportunity and stick with it.

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 5/5Home 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 5/5Home 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 5/5Home 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 4/5Home 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 4/5Home 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 4/5Home 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 4/5Home 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 5/5Home 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: 5/5Home 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