Home Office Design Blog

With the world economy in a recession and with factory closures and layoffs becoming a daily occurrence it’s time for anyone with any smarts to really think about earning at least a part-time secondary income. Off-line. Online. It doesn’t matter - start taking steps to protect the financial interests of your and your family. The recession will end and the economy will recover but over the next 24 - 36 months never, ever take your eye off that ball. One of the best ways to generate a secondary income is to have a home based business.

So what will your new home business be about? That’s the biggest hurdle which most people face. Most people go for the instant answer of MLM (bleh…nasty) or some other pyramid marketing fiasco that only makes others rich and poor people ever poorer. Then there are franchises and business opportunity fairs but you normally have to fork out thousands to tens of thousands of dollars to even get started in these ventures.

Remember we want to start generating a second income here. Make money. Not spend even more money you don’t have. It’s amazing how many people will max out their credit card(s) on a business opportunity that goes nowhere. Crazy!

So how can you generate ideas for a home based business?

Take a notepad and write down every single hobby, interest or skill you have. Don’t think about it too much. Just brainstorm it and write down anything that comes to mind. It could be surfing, flower arranging, antique collecting, owning pets, being a computer whizz, shopping on e-bay. They’re just random ideas that came to mind while I was writing this.

Keep writing for at least 30 minutes. Don’t stop. Don’t ring a friend to chat. Don’t watch some TV. Just write and keep writing until you have no more ideas left.

Okay now take the list you’ve just written and read through it.

Circle all the ideas that appeal to you.

Narrow that list down to the top 9 ideas.

Now narrow it down to 3 ideas.

Which of the 3 ideas or topics jumps off the page at you?

Which of them sets a fire in your belly and makes you feel passionate about it?

Which of them is something you’d love to do each day as a full time job?

That’s how you track down the perfect business idea for generating a secondary (or maybe full-time) income from home.

Oh and keep that ideas list in a safe place!! You’ve just done some excellent brainstorming - it will come in useful in the future.

If you’re interested in learning how I make money from home then I can highly recommend the following book for you to read:

How to become an affiliate marketer.

This entry was posted on Saturday, May 24th, 2008 at 4:24 pm and is filed under Books, Home Office Stuff, Lifestyle, Marketing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.