I’ve written a new article based on various entrepreneur success stories that I’ve featured on this blog, as well as in the Entrepeneur Success Stories blog. The article lists some of the 10 unique yet profitable niche business ideas, often from entrepreneurs working from home. Focusing on a niche has been an important strategy for [...]
Follow @powerhomebiz10 Tips to Marketing Your Service Business
July 22, 2008 By 2 Comments
Whether you run a lawncare or tutoring or cleaning business, here are some ideas on how to get customers for your service business: 1. Many service businesses advertise in local ad magazines and coupon services such as ValPak. Study your competitors’ ads particularly their offers and come-ons for first time customers. Offer free services that [...]
Follow @powerhomebizProfitable Niche Opportunities in Social Networking Sites (MySpace)
July 18, 2008 By 1 Comment
Social networking sites are all the rage today. According to web measurement firm Hitwise , MySpace.com alone received 72.73 percent of the market share of U.S. visits in May 2008 among a custom category of 58 of the leading social networking websites commands 73.82% of all social networking traffic (as of May 2008). With the [...]
Follow @powerhomebizDomain Naming Service: A Profitable Niche Business Idea
July 17, 2008 By Leave a Comment
I was talking to a client today of his plans to start a new website. His site concept is complete, and he is now in the process of creating the content. But he is stumped with a critical element: what domain to give his new website. Finding the right name for your website can be [...]
Follow @powerhomebizHow to Start a Personal Shopping Business
July 15, 2008 By 1 Comment
If you love shopping, has discriminating taste and loves dealing with people, you may consider starting a personal shopping business. As a personal shopper, you will make purchases for other people or provide advice while the client shop. The personal shopping service has grown through the years mainly because people simply don’t have time to [...]
Follow @powerhomebiz5 Steps to Creating a Great Life with Your Small Business
July 11, 2008 By 1 Comment
I came across the book by Louis Barajas entitled “Small Business Big Life,” which takes a more philosophical and psychological approach to teaching how to start a business that I find interesting. The book doesn’t discuss how to select the right business, or how to patent an idea or how to write a business plan. [...]
Follow @powerhomebizHow to Rank Well in Yahoo
July 9, 2008 By 1 Comment
If you want to know how to rank well in Yahoo, read this very insightful interview with Priyank Garg, director of product management for Yahoo! Search Technology (YST). Here are some tips from the interview: The quality of the experience of the users is the most important consideration. Quality is much more important than quantity [...]
Follow @powerhomebiz10 Management Lessons for Home Based Entrepreneurs
July 6, 2008 By Leave a Comment
Many small and home-based entrepreneurs start out small, oftentimes working alone in their businesses. Eventually, their businesses begin to expand that hiring employees become imperative. Then they find that steering their businesses to success is different from managing other people. Managing employees is an entirely different ballgame, and some successful business owners spectacularly fail in [...]
Follow @powerhomebizChoosing the Best Location for Your Business
July 1, 2008 By 1 Comment
Someone emailed me today and asked the question: Where would you chose to open a high end retail store? In a: (a) high income, low population area; or (b) low to mid income, high population? My response was: I’ll open the high end retail store where my target market lives. And since this is a [...]
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