Top 5 Billion Dollar Business From Home Ideas
One of the good things about the downturn of the
economy is, it's caused people to rise up and seriously look at ways to
generate and/or increase their income. And what's gaining more and more
credibility and visibility these days is the business from home opportunity
industry. But the downside to that is so many people that choose to go into
that industry often end up frustrated, mainly due to lack of marketing skills
and not having the best business from home ideas to begin with.
What I'd like to do speak on 5 home based
business ideas that are within the billion dollar markets.
- A Product Broker or Professional Shopper- Imagine shopping for your friends and clients, finding them the best deals through thousands of stores and getting paid to this. Well, if you align yourself up with a company that has that as part of their business system, then you're luck and in the money. Most of your business will be done online and since most people shopped online than inline this past Christmas, it's a recession proof business.
- Website Broker - It use to be that if you wanted to have a hand in this growing internet, particularly when it come assisting small to medium size businesses get set up online with a website, you had to know all of this html language. Nowadays, that's no longer the case. A website broker is the middleman between the developer and customer. You connect the two and get paid for doing so.
- Financial Solutions Consultant - No matter how you slice it, it's a tough economy out here and people are looking for ways to generate income and to simply get out of debt. You could be that individual to offer them a solution to get to zero debt faster by becoming a financial solutions consultant - and you don't have to go back to school to learn how. So, if you don't mind working with some simple numbers and working with people, then a financial solutions consultant might the right for you.
- Weight Management Consultant- Weight management is still one of the most lucrative industries. Sadly, there doesn't seem to be a slowdown in the obesity epidemic in this society. The term or keyword "weight loss" is highly searched for within the search engines. Becoming a weight management consultant is very honorable and will be very rewarding, both financially and emotionally.
- Cosmetic Consultant - This is the one industry that will never die. Even in the worst of times, a lot of the female population will purchase cosmetics, be it lipstick, eye-liner, foundation or whatever. I am now seeing a growing trend with men becoming a cosmetic consultant. I think it's a brilliant move.
Well, there you have it. These billion dollar
industries aren't going anywhere anytime soon and are great for any individual
to start his or her own home based business. Of course there are many other
business from home idea's, but these are industries that have stood the test of
time. So, when you decide to look for that business to start up from home, be
sure you do your homework and see what the demand is for your choice.
Choosing the 'Right' Programming Language for Your Business Solutions
Most likely there are two reasons why you are
reading this article at this moment. Either (1) you are starting a business and
looking for the most apt software for the best price that will help you get
ahead; or (2) you need to revamp your software and technology to stay ahead in
this ultra competitive business world.
There are an endless number of programming
languages out there - Is java the best technology for your project or is it
.Net, PHP or may be Perl? There are an equal number of databases to choose from
- Access, mysql, SQL server or may be Oracle. But the question is - how to
choose the 'Right' technology which is affordable and can cater to not only
your current business needs but to its future requirements as well.
Ideally deciding on the best software programming
language for your business solutions, should be a team activity which involves
heads of IT and relevant departments and experts from your solution provider.
But in case you are a small business owner or just starting-up on your own,
evaluating the following factors can help you too, to take the right decision
on the technology front.
Key Factors
- Budget
The first thing to consider for your business is
the costs and the possible return on that investment. Decide the budget based
on the return, a product/service is expected to bring. If it's a product with
small shelf life and limited features, you might consider a boxed solution
rather than a custom solution. It's a quick and less expensive way to market.
But if this application is the lifeline of your business then you need to
evaluate the long-term business requirements and benefits of investing in
custom build solution with a high-end technology.
- Choose the
right features
What are the features you are looking in your
software? What are the shortcomings in your business that can be resolved by
having the right system in place? Identify the areas where technology can
automate the processes, thereby improving business efficiency and productivity.
What features would be required in the long run to accommodate more products or
services when your business expands? Discuss these features with your solution
provider to decide on a programming language which can handle your business for
a long time without being outgrown by it.
- Time to market
If you are developing a time-sensitive product,
the most critical factor in its success will be its timely release. It may be
your best idea and you may have invested in the best technology, building an
error-proof product. But if you are not able to market it at the right time,
you may lose to your competition who would have captured the market impulse and
brought the product at the right time. Quite possibly, you can lose out on a
huge market share. Choosing the programming language which can quickly build
the product is the key factor here.
- Scalability
requirements
What is the intended life cycle of your
product/application? If your business requires it for next 5-10 yrs, there is
high probability that you might need to expand its functionality or increase
usability. The technology used for such solutions should be scalable and
upgradable, with or without vendor involvement. Imagine a situation where you
have invested a good amount of money and time in training employees to use a
software, which after 2-3 years needs upgradation to meet your business
requirements but doesn't has the capability to do so. Surely, you don't want to
land up in such a situation. So, a golden rule - always clarify with your
solution provider about the future business requirements and capabilities of
the chosen technology and programming language.
- Application
demands
o Performance
If you application sees some peak traffic in
certain time of the day which is crucial for your business, then performance is
the key factor for your system. It will be important to choose a programming
language with ability to handle a large number of simultaneous
requests/transactions (supplemented by high-end servers) without affecting the
speed and performance of the system.
o Security
If security of your application is of paramount
importance, then short-listing a technology with focus on security features is
what you need to do. For ex - Java security technology provides a large set of
APIs (cryptography, public key infrastructure, secure communication,
authentication, access control etc), tools, and security algorithms,
mechanisms, and protocols. Zero-in on a programming language which provides the
user or administrator with a set of tools to securely manage applications.
o Content change requirements
If your application requires a frequent change in
the content or you need to change the look and feel of your website quite
frequently, it's good idea to go for a CMS with features and flexibility to be
managed by the system administrator without vendor involvement.
