Is It Time for You to Become a Home Business Opportunity Seeker?

Daegan Smith asked:

You’ve got a lovely house, a nice car, a cushy job, and people who love you but somehow you’re still not satisfied. You’re restless and you want something more from life. If so, maybe it’s time for you to become a home business opportunity seeker.

What Is A Home Business Opportunity Seeker?

Simply put, home business opportunity seekers are those searching for home business opportunities. In this case, there are two important concepts to understand: home businesses and opportunities.

Many people tend to think of home business in two ways; businesses that utilize domestic skills or online capabilities. Although most home businesses do subscribe to that, these are certainly not everything there is to them. There are also home businesses that require highly specialized or technical skills and creative abilities like fashion designing, jewelry cleaning, or electronic repairs.

Now, as far as opportunities in the home business front are concerned, you’d be pleased to know that there are a lot of business choices awaiting you. In fact, you can have the pick of the litter, and your success generally depends on whether you’ve made the right choice or not.

Is It Time for You to Become a Home Business Opportunity Seeker?

Here are several questions to ask yourself and find out if it’s time for you to leave your current business or job and earn a living in a new way.

Do you want to be your own boss?

Most home businesses operate on sole proprietorship, which basically means that you’re your own boss. Because many home businesses start out small, you’d not only have to answer just to yourself but you’ll probably have no need for more than one or two employees, if any.

If your current business or job still makes you answerable to someone else then maybe that’s one of the reasons why you’re feeling restless. If so, you have to ask yourself if it’s time for you to be your own boss.

Being your own boss means having flexible work hours and being able to make decisions, certainly, but it also comes with its share of risks, such as being accountable for those decisions you make and suffering the consequences of your mistakes. If, however, you’re ready for the good and the bad then yes, maybe it’s time to be a home business opportunity seeker.

Are you ready to take risks?

Home businesses may require little in terms of capital, but that doesn’t necessarily make it a risk-free investment. Home businesses would eventually require you to make some tough choices choices that will directly affect your way of living. Such instances can be exciting and frightening at the same time, but if it’s the absence of challenge that’s making you restless at work then yes, you’re probably ready to seek for home business opportunities.

Do you have a passion?

No home business succeeds if it’s not its owner’s passion. You’re probably bored with work because it’s not your passion. But even if you do switch occupational lanes and open up a home business, boredom will still be your constant companion if your home business isn’t your passion either.

In managing your home business, you have to be prepared to devote much of your time and effort. There will be instances when you’d have to work overtime, and no one’s going to pay you extra for that. But if your home business is your passion then you wouldn’t mind working extra hours.

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How to Make Money on Ebay While You Travel

Money For Traveling asked:

Have you ever thought about making a steady online income… while traveling? Ebay provides a fantastic platform for doing this and it’s not very difficult or time consuming. You can travel overseas for a LONG time by holding just a few online auctions per week if you set things up properly.

Most people dismiss Ebay as a viable travel business because they think you’ve got to have a physical inventory present… and while traveling, that would clearly be limited by the size of your luggage.

There’s good news and more good news. The first piece of good news is that you definitely DON’T need to have a physical item or inventory to sell. You can easily sell a digitally delivered product or inexpensively hire a fulfillment house to ship your stuff for you. Here’s the ‘more’ good news: because most people dismiss Ebay for making a travel income the market is left wide open for this type of marketing!

The other big reason entrepreneurs dismiss Ebay is because they think it’s for selling old junk lying around the house. They take a ‘garage sale’ mentality about Ebay (sell your extra stuff lying around the house). This is great for some people, but wrong for business!

So, Here is your basic model for traveling and making money with online auctions:

1)    Find a product to sell. This is easy. You can sell a digital E-book if you don’t want to carry an inventory, or you can resell items from wholesalers at a markup. Simply get on the lists of a few dozen wholesalers and start watching their wholesale product listings.

2)    Based on those products, narrow it down to what people WANT.
This is the biggest pitfall would-be auction sellers make… They sell a product they think people need instead of what people actually BUY. You’ve got to find where the highway traffic is flowing and stand in front of it with a big money net.

3)    Study Your Competition. You should steal what other competitors are doing that is working! Watch for the sellers who consistently sell products in the market you’ve chosen, and see what they are doing. They’re on Ebay because what they’re doing is working! By the way, don’t get scared off by competition. Competition means there’s a market of buyers!

4)    Get your feet wet. Jump in there and make a listing! Start the bidding price low so that people get emotionally invested in your product. Show lots of pictures. Consider utilizing an auction listing template to make things look nice… but remember, it’s the STORY that people get drawn into more than a pretty website, so make them feel like they already own the product and show them the benefits of owning your product, not the features.

5)    Scale Bigger.
After you’ve experienced some success with a few auctions, you can now make more sales and bigger sales.

So how do you travel and sell on ebay? Easy. There are internet café’s all over the world that you can login to for as little as $0.10 cents per hour! Most will be around $1-$2 dollars per hour, and you’ll get a surprisingly high-tech computer to access the web with.

You can modify your listings from abroad and have your fulfillment house (or your little brother!) handle shipments. If you like, you can even have a customer service center answering buyer questions.

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