Finding Opportunities Right Under Your Nose

With these considerations in mind, here are six possibilities for finding the ideal business for you, and they are right under your nose:

1. Turn What You Most Enjoy into a Business. If possible, turn your favorite hobby or interest into a business. There's nothing better than getting paid to do what you most enjoy. When teacher John Lewis neared retirement, he became interested in how people could remain vibrant and active after they retired. He found that knowing what to do was a problem for many retired people, so instead of retiring, he began doing retirement counseling.

Ideas for Turning a Hobby or Interest into a Business

  • Creating arts and crafts
  • Becoming a travel guide
  • Selling antiques or collectibles
  • Selling cosmetics
  • Interior decorating
  • Teaching dance and exercise classes
  • Selling collectibles on eBay
  • Offering tennis lessons
  • Breeding, training, and grooming dogs
  • Giving singing or instrumental music lessons
  • Appraising collections (stamps, coins, art)
  • Running a recording studio
  • Operating a "niche" website
  • Soapmaking
Corporate communications specialist Chris Richter had always loved art and popular music. After years of producing and documenting orthopedic operations and procedures for a large teaching hospital, he cured what ailed him; namely, his stifling full-time job. Now he runs a successful Web site design and multimedia production business geared to alternative music acts.

2. Turn Your Existing Job Skills into a Business. Accountants, communications specialists, engineers, graphic artists, health-care personnel, lawyers, programmers, sales and marketing professionals, scientists, secretaries, teachers—people from all walks of life—are turning their salaried jobs into profitable independent businesses. What job are you doing now? Consider how you could turn it into an entrepreneurial venture.

Gil Gordon was a personnel director; he became a telecommuting consultant. Doug Savarese is a financial software programmer and analyst; he started a sideline business writing custom software applications for fund managers. Karen Youngblood was a full-time mother; she runs a day nursery. Peggy Glenn was a secretary; she started a secretarial service, wrote a book about how others could do it, and is now a nationally known speaker, writer, and publisher. 

Sometimes losing your job, or the threat of losing it, creates the momentum to start a home business. Sue Rugge started the highly successful research service, Information on Demand, after losing her job as a librarian owing to heavy cutbacks in the aerospace industry. In seven years, she and her partner turned the $250 they used to start the business into over half a million dollars' worth of sales. Reflecting back on the day she was laid off, Sue remembers, "I felt strongly that the only way I would ever have the job security and salary level I wanted was to work for myself. In other words, if you can't get a job, create one!" "Fundamentally, all business is concerned with problem solving."

Jack Nadel, Business Author

Work Sheet: What Would You Enjoy?

Here are some questions to help identify what you enjoy most:

  • What do you get so involved in and intrigued with that you lose track of time?
  • What do you do first when you get to a new city you've never been to before?
  • What are you doing when you feel most like yourself?
  • What are you doing when you like yourself the most?
  • What are you doing when you feel most alive and energized?
  • What do you like to talk about? What are other people talking about that draws you into the conversation?
  • What do you take immediate action on? What do you delay doing?
  • What do you do during your time off? When you're on vacation?
  • What do you read? What newspaper or magazine headlines catch your eye?
  • What do you collect? What mementos and photographs do you keep around your home and office?
3. Solve a Problem. Problems and complaints hold the seeds for many new businesses. People will pay to have someone do tasks they find unpleasant or need help with. Career counselor Lynne Frances had been teaching this philosophy to her students at the center where she worked. When she decided to take her own advice, she opened a home-based cleaning service.

While Marsha Zlotnick was fighting to survive a life-threatening disease, she discovered that recovering involved many changes in what she could eat and other daily habits, but there were few places for people like herself to turn to for information, support, and assistance in making those changes. When she recovered, she turned her kitchen, dining room, and living room into a center for helping others conquer illnesses. She teaches cooking classes, offers courses in relaxation, acupressure, and massage, provides counseling, and has an extensive bookstore where people can get current information about getting and staying healthy.

Contributed by:
Paul and Sarah Edwards
Best Home Businesses for People 50+

Related Article :

  • Establishing Your Expertise

  • To be an expert in your niche you must immerse yourself and then you will never run out of relevant information to share. It’s easy when you approach it like this. As you develop and discover......
  • What is Online Internet Marketing

  • Have you ever asked yourself what is online internet marketing? You can think about it to be the marketing of services or products on the net. This is one of the greatest system for all businesses whether they have a website.....
  • Working From Home Online Business Options

  • It's easy to become overwhelmed by all the online opportunities offer when you search the net. The key to select the best options is in understanding your desired business model. Without a good understanding of this, all the techniques.......
  • Earning Additional Income With Internet Skills

  • Without any investment of time and effort, I don't think you can earn any income online. You have to put in something to start earning from your blog. If you are just a beginners, you may not have.......
  • Proper Part-Time Job In Internet - Don't Quit Your Work Yet

  • It is wise to keep your full-time job until your small home base business takes off.  You have to pay your bills and debts some how. You have to eat.  Yes, work for your company until your online stuff.........
| Internet Business Opportunities | Legitimate Home Businesses

| eBook Internet Based Businesses | MLM Home Business | Scam Free Work At Home |
| Work At Home Internet| Opportunities From Home | Legitimate Home Businesses |
| Small Business Home Based | Small Home Based Ideas | Working From Home Tips |
| Starting Home Based Biz | Home Base Internet Business | Internet Money Making Ideas |
| Web Base Business | Great Businesses Online
| Site Map 1 | Site Map 2 |

Copyright ©   All rights reserved.
Every effort is made to ensure the content integrity.  Information used on this site is at your own risk.
All product names are trademarks of their respective companies.  The site 
is in no way affiliated with or endorsed by any company listed at this site.
The content on this site may not be reproduced or redistributed without the express written permission of or the content authors.