You would be surprised to know there are over 30,000 million dollar home-based businesses run by stay-at-home entrepreneurs. Building a business from home may not be, easy but it certainly is not impossible. To make things easier for you, here’s a look at 5 million-dollar home-based business ideas you can use today:
Idea #1: Introduce a Product That Solves Problems in Your Own Daily Life
Introduce a product that solves problems you tackle in your daily life. For example, Katherine Krug would suffer from severe back pain while working for extensive hours at her desk. When she was unable to find a solution to her problem, she decided to solve it on her own by designing a back support. She now runs a million-dollar company, all thanks to her back pain.
Idea #2: Know What the People Want
The key to good entrepreneurship is to know what people actually want and then find a solution to their problem that will sell. Take a look at Allen Walton. Having worked at a local security camera store, he knew that people wanted security products. He discovered the niche and set up his own online spy camera shop.
Idea #3: Provide a Platform to Display Your Skills Online
Use your skills and reach out to a larger audience with the help of the internet. Dan Mezheritsky, a personal trainer, decided to use his personal training skills and built software to computerize several functions.
Idea #4: Create an Online Course
Do you think you can teach a large group of people? Do you have the skills and knowledge to captivate the attention of an online classroom? If the answer is yes, creating an online course can be your roadmap to success. If you do not have much experience, you can just start off using WordPress. Other extensive programs you can use are Udemy and Fedora.
Idea #5: Write an eBook
Gone are the days when you needed the help of reputable publishers to get your books published. Now practically anybody can publish their own eBook with minimal expense. The World Wide Web has provided a spectacular opportunity for you to promote your work and attract a global audience.