Bringing up young children can be the best time of your life, and it can also be the hardest. Before I started my home business I remember juggling childcare and commuting to work as an Engineer. Yet to abandon the 9-5 you really need a low risk business idea.
Taking huge risks to start a business from home just isn’t an option. Yet what if you could come up with a low risk business idea and test it out before quitting your bill paying job?
Starting a business from home was my way of getting my life back. It was a chance to work on my terms, minimizing time away from home and spending as much time as I could with my child. And I’m not alone. We’re going through a work from home revolution.
Think it’s just parents who want to work from home? Think again. Congested roads and exorbitant house prices are driving people out of the cities.
Working from home, in a rural location, is a win-win for most people. Plus, even here in rural Northumberland, you get a half decent broadband connection…
What if the only thing stopping you is the fear of failure? You need a low risk business idea…
Finding A Low Risk Business Idea
Unless you have a very understanding boss, (and it’s worth asking), working from home means starting your own business. There’s every chance that what you do at the moment in your day job can be turned into a business idea.
For example, if you currently work in admin, you could exploit the increasing demand for virtual offices. Just think of all those new home-based businesses needing some extra office support.
Rather than completely reinventing yourself, take stock of what you’re already good at. Do you have skills you can translate into a low risk business idea?
What about your interests and hobbies? Can you use this knowledge to be creative and come up with an idea that appeals to other people? Something people will pay money for?
Start Small, A Blog Is A Low Risk Business Idea
It can be a big leap of faith leaving a bill paying job to start a business. This is why I suggest starting with the smallest version of your business idea you can think of.
Come up with an idea you can start and promote by blogging. You can test out if people like your ideas and start building a following.
Thinking about becoming a freelance content writer? A blog will showcase your skills.
What to be an interior designer? A blog can demonstrate you have good taste and know what you’re talking about.
Looking to work as an accountant from home? A blog can build authority and promote your capabilities.
Interested? But no idea where to start? Download my FREE start a blog guide.
Start a business from home is a big undertaking (but in my view definitely worth it). However, quitting your job and going in all guns blazing with everything at stake, is a high risk strategy.
It’s best to start with a low risk business idea. Start a blog and convert your followers to future paying customers. Start small but think BIG!