Many of us dream of working from home, setting our own hours and being our own bosses. Often times we see advertisements online and in print media, claiming thousands of dollars per week for stay-at-home jobs. These, of course, are scams which want you to order some fairly redundant, freely available information for a hefty price. Real home businesses start small with realistic profit expectations. They often fail, but with the proper discipline and acumen, they can succeed. After all, Steve Jobs started Apple (AAPL) as a home business out of his parent’s garage. People often consider home businesses for a variety of reasons. Common ones include:
- Supplementary, side income to a primary job for a spouse
- Inability to leave the home (injury, pregnancy, etc.)
- Desire to become an entrepreneur
- Having a marketable idea, and enough free cash flow to explore it