6 Reasons Why Home Based Business Will BOOM in 2009

In spite of one of the worst recessions / depressions in history going on, many different home based businesses will actual flourish and grow.

With over 3 million people losing their jobs in the U.S. in 2008, and that number
predicted to increase in 2009, and the fact that larger companies are feeling the crunch, and drastically cutting their work forces, the low start up costs and tax benefits, opens up the opportunity for home based businesses to thrive. 1000's of home based businesses start up everyday, with the number expecting to increase in 2009.

I've listed 6 reasons why home based businesses will remain very solid, and even
increase their numbers across the board.

1) Outsourcing - With the downsizing of the larger corporations, shedding jobs and
and services that use to be handled 'in-house', and not able to hire back these full time employees, ultimately leads to gaps in knowledge and abilities of the company. More and more larger companies, that still need to carry out these vital functions, will be looking to outsource many of them.

Rather then hiring a full time employee, and paying their salary, benefits and such, they will be looking outside their corporate walls to fill these duties with contract type work.

2) Telecommuting - For the same reasons as mentioned above, with regards to companies
cutting their expenses, more are moving towards having their employees do the same work, but from their own home. This dramatically cuts their overhead of maintaining their offices, leasing, supplies etc, while still having the job function taken care of.

3) Lay Offs - With 3 million losing their jobs in 2008, and more in 2009, more and morepeople will be attracted to home based businesses because of low start up costs and overhead. Small business is a driving force in the economy, with more people searching for alternative options, and realizing the great tax benefits of starting a home based business, they will continue to grow in numbers and be very important part of the overall economy.

4) New Opportunities - With any change in the economy, good or bad, always bring new
opportunities. It's always true, but only those willing to seek them out, and take the plunge will succeed. You see, you not only have to be in the RIGHT place at the RIGHT time, you have to be the RIGHT person, in the RIGHT place, at the RIGHT time.
When markets are down, be it real estate or stocks, people are able to buy at substantial savings as high as 50-75% of the former value. There is more wealth created in down times then an other time, no matter what the market is.

5) Consulting - Many high level, knowledge based people losing their jobs, have specific knowledge and information in their field of expertise. This knowledge can be turned into a consulting business very easily and quickly. If you have the expert knowledge in your field such as; cutting costs by turning a company into a cost effective 'green' operation, then companies will be willing to pay you for this information.

Even if you're not an expert now, you can always educate yourself in what ever area you choose. Knowledge is powerful, and companies will gladly pay for it, so long as they can realize the benefits.

6) Need for High Tech - Because of company downsizing, more people telecommuting, companies outsourcing and more people starting home based businesses, the need for high tech data and voice communications, broadband and wireless solutions are higher then ever before. But unlike the usual scenario - when demand is high, so to is price - high tech is the one thing that actually decreases in price as demand goes up.

Inspiring speeches of the 20th century

'nough said...

Are You a 'Tigger' or an 'Eeyore' The Last Lecture. Dr. Pausch Passed on the Oprah Winfrey show

This is the last lecture that Dr. Randy Pausch gave before he passed away July 25 2008. He gave it on the Oprah Winfrey show. He talks not about death, but rather on life and how to live it, and also about never forgetting your childhood dreams.

You better decide early on in your life if you're a 'Tigger' or an 'Eeyore'

Why do we lose that ability to dream like we did when we were children. When we're kids, anything is possible. Unfortunately, when we grow up into adulthood, we are surrounded by those who constantly tell us...what is, and what isn't possible in our lives.

If you knew when your last day on this planet would be, what would you want to tell the world? This is an absolutely incredible talk, remembering it's the last one that Dr. Randy Pausch ever gave.

Born Without Eyes...And You Got It Bad?

Next time you're feeling sorry for yourself, or feeling like you just want it pack it in...think of Patrick Henry Hughes. Watch this video...and don't ever feel that self pity again. You can overcome anything you set your mind to...no matter what your circumstances are!!

7 Places to Find Niche Market Ideas

Most people will tell you to find a niche market that you have interest in or a hobby of yours…well, I’m here to tell where my interests lie…making money. You can find so many different possible niche markets that will cost little $$ to enter, and have so much up side, that you would never find…or never even think of, without doing some searching around…in all sorts of different places.

They may not be one of your major interests or hobbies, but I guarantee that you’ll develop an interest when you discover how much money is available in a specific market.

Expand your range of niche topics to research. I think I’m like most out there, if there’s money to made in any market, I can get interested in it pretty quick…without to much trouble.

If you’re having trouble trying to find some ideas, or where to find some ideas, I’ve put together this report in hopes that it will show you some different places and ways to find lucrative niche markets.

1) Read the newspaper – either online or offline, scan through local and national newspapers to gather some ideas. Look for common questions or topics being reported on. Find one that seems to have a lot of interest, and questions being asked, and away you go.

2) Look on forums – Google any topic like ‘your topic + forums’ and see what pops up. Visit the different forums and see what people are talking about. See what questions they’re asking…and if they’re getting any answers, and what answers they’re getting. Give them the answers they’re seeking, or provide them with better answers, and you’ve found a possible niche market.

3) Look on YouTube – search around the video site and see what is being viewed. The beauty is, you can see exactly how many times each video has been watched. You can instantly gauge how popular that particular topic is. YouTube is great because videos can become so viral, with people sharing them around the world at light speed. There are a ton of great ideas you can get using YouTube.

4) Visit Amazon.com – you can search the books, software, magazines etc. You can find tons of different ideas, on all sorts of subjects that you may not have ever thought of. You can instantly see how popular different books and software products are on Amazon, simply by looking at their ‘Amazon sales rating.’

5) Look in ClickBank Market Place – You can search around ClickBank to find hot niche markets. You can see how popular a particular item is by the ‘gravity’ ranking. The higher the ‘gravity’ the more popular the item. You can even find products to sell in almost any niche market out there. Be sure to research your market before jumping right in. For instance…if you see a product with and incredible ‘gravity’ 300-400, there may be to many people promoting, and it may cost you a fortune to enter that market. Besides that, you’ll find hundreds of different ideas to investigate further.

6) Look on eBay – you can easily see thousands of products and services that people are selling, and people are willing to pay for. Do some targeted searches, and focus in on some targeted areas.

7) Google it – use the biggest market research viability tool out there. Type in some common questions, or just type portions of questions, like the examples below. Your results will turn up thousands of potential topics, in a wide variety of areas

When doing your niche market research, always do it as though you were looking for the answers yourself. Some examples that you can just fill in the blanks……………

- How to…………….
- Save time…………….
- Save money…………
- Find…………..
- Review on………..
- Unique or rare…………..
- Proven methods to……………….
- Step by step system for……………….
- Build a …………………..

These are just a small sample of different ways that you find some ideas for your very own niche market. Always keep an open mind when doing you research because you never know where that, crazy, previously unthinkable little niche market may come from.

Once you’ve decided to open your mind, and start looking for a niche market to enter, you’ll be amazed at how many your mind will come up with. Like any training or exercise, the more times you repeat this process, the easier, faster, and more focused it will become.

Anytime you research any possible niche market, be sure to do your best research on the: keyword search counts, the competitors in that market, possible products or services to offer (that may not be offered today). Even if there are products or services in your chosen market, one easy way is to make improvements to them. You don’t have to reinvent the wheel…just offer better solutions to their problems.