Top Home Business Ideas
Out of all top home business ideas which type is the best for you? Use this simple evaluation as a guide to help you narrow down the field.
✅ Filter #1
First, realize that you are looking for a way to make money. You need more income… for you, your family and to do what God is calling you to do.
Wouldn’t it be great if your business was a vehicle not only for income but for ministry too!
So… have you personally met other people making good incomes with what you are looking at?
✅ Filter #2
You also want a lifestyle that gives you freedom and flexibility. In other words you want to escape having to trade hours for dollars. Top home business ideas provide an income stream that pays you tomorrow for the work you do today.
An example is writing. You write a book or song once and earn royalties the rest of your life. This is called residual income. To get beyond the slave mentality this type of income is essential.
So… can you earn a true residual income? Will you be paid even if you stop working?
✅ Filter #3
You need to have more than one way to earn money. We call this multiple income streams. In addition to residual income, can you earn retail and wholesale profits? Can you earn travel, professional fees, benefits and other perks?
Why? because in today’s economy a job or pension does not represent financial security. You need to position yourself strong. Only from a position of strength can you truly help others.
So… can you earn income at least five ways?
✅ Filter #4
There are many top home business ideas that are actually very high risk without the expertise and experience required for success.
Second jobs, conventional small business, franchises, investment property, stock trading… they all require too much time and too much money.
There is also the need to learn how to approach running a business properly. Without proper training you’ll end up treating your business like a hobby and get the results you deserve (it will cost you).
So… once you realize that you need your own business, do you know who will personally train you to succeed in your business?
✅ Filter #5
You need a safe, simple, smarter business with real leverage.
In other words it needs to be something a stay-at-home mom could do around her children… a young person with no business experience could earn while they learn… a person with a full time job would have the required time to invest…
So… can your business be built by the “average” person who has never owned a business?
And The Winner Is?
You will see that the majority of top home business ideas that pass through each of these filters fall into one category… Network Marketing.
Yes… it’s absolutely true. Hands down Network Marketing passes every qualification. That’s why many people (8000 people every day) see a network marketing business as the answer they are looking for.
Shocked? We were. We would look at anything… except Network Marketing! Why? Well our opinion was that we couldn’t build this type of business based on our past failures. It became evident that only a few lucky ones ever made any money.
What Changed Our Minds?
It is the reality that out of all the top home business ideas we considered only one fit all the above requirements… plus these three additional – super important – couldn’t succeed without – absolute necessities.
Without these additional criteria being met we would never have looked at this opportunity… let alone achieve success. They will be crucial to your Network Marketing success as well.