Monday, February 26, 2007

10 Cool Online Home Business Ideas

Looking for home business ideas and success stories? Read on.

http://www.hardtofindseminars.com

Michael Senoff has stumbled upon a perfect online home business opportunity – reselling old seminar materials. He was really impressed by Jay Abraham. The only problem was that it costs $20,000 to attend Jay’s workshops (no wonder the press called it, “the world's most expensive seminar"). So he did some digging and managed to find a guy from Northern California who had attended the seminar, asking to buy seminar materials off him. He bought the entire set for … 50 dollars. He later found out that Jay’s materials are being sold on eBay for several hundred dollars. He broke up the original package (that he got for $50) in several pieces and sold items for $1700. Thus, his perfect online homebusiness was born. Michael now resells old seminar materials for dozens of marketing gurus, easily profiting over $1000 a day. Read full story in Mike's own words.

http://www.hungrypod.com/

Catherine Keane, the owner of Hungry Pod, makes over $100,000 a year, uploading music to other people’s iPods. This online homebusiness idea came to her when an acquaintance offered her $500 to load his CD collection onto his iPod. Thanks in part to a small story in The New York Times, Keane's advertising efforts on Craigslist and word-of-mouth, HungryPod has expanded to three employees and four computers, and has annual sales that exceed $100,000. Read The New York Times article about Catherine and her business.

http://www.idonowidont.com/

Joshua Opperman has his ex-fiancée to thank for his thriving online home based business. After the breakup, he was stuck with the engagement ring he paid dearly for. He went back to the jeweler where he'd bought it three months earlier, but found he could only get 32 percent of its original cost. Josh didn’t like that one bit, so he set up a site, where people in the same situation can sell their engagement rights for a better price. See the full profile of this online homebusiness here.

http://www.pickydomains.com/

This is a great online home-based business idea that requires no money and that anyone can start. PickyDomains is a risk-free domain naming service that got a lot of publicity and ‘blogtalk’ in Europe lately. This is how it works. A customer deposits $50 dollars and describes what kind of domain he or she wants. Domain pickers then send in their suggestions of available domain names. If the customer likes one of the domain names and registers it, the service gets $50. Otherwise the money is refunded at the end of the month. Read full article about how you can make money naming domains here.

http://www.greekgear.com/

Reading a business magazine in the doctor's office inspired Joseph Tantillo to try his hand at online retailing. At the time, he and his wife were expecting their first child and wanted to work from home. An article about starting an online store jumped out at him, he recalls—and, as a member of a fraternity in college, he decided to sell personalized Greek apparel to that market. After setting up shop for just $79.95—the cost of a merchant account with Yahoo!— he began researching what kind of products his former fraternity brothers might like. Using the strong Greek network worked, as he's built GreekGear.com's yearly sales to $1.9 million. Read Joseph’s story here.

http://rickspicksnyc.com/

Rick Field, a Yale graduate and former TV producer for Bill Moyers, is a perfect example of how you can start successful home business out of a hobby. Field learned the art of pickling when he was growing up in Vermont. About eight years ago, gripped by a sense of nostalgia, he took up pickling again. In his tiny kitchen, Field made family recipes and then quickly began experimenting. People’s wildly enthusiastic response to his Windy City Wasabeans (soybeans in wasabi brine) and Slices of Life (sliced pickles in aromatic garlic brine) told him he was onto something. Read how Rick took his homebusiness online here.

http://www.militaryexits.com/

Karin Markley set her online business right out of home. Having 15 years of experience working in a civilian employment agency and knowing that companies value employees with military backgrounds, and she wanted to provide a one-stop link between the two. Karen contacted the Department of Defense for permission to use its seal on her Web site. It took months to get it, but MilitaryExits.com is now linked to all the military bases. Markley, who projects annual sales of $600,000, points to her biggest reward: "Helping the military. Getting the letters and phone calls from these people thanking me so much for what I'm doing for them."

http://www.hotsauceblog.com/

If I told you that you can make $200,000 blogging about hot sauces, you wouldn’t believe me. Yet, this is exactly what Nick Lindauer does. In 2001, while still in college, he launched his online homebusiness then called Sweat 'N Spice out of his Springfield (Ore.) apartment. He sold a few dozen types of hot sauces, packaged each order by hand, and shipped everything from his local post office, barely eking out a profit during his first year of operation. Today, Lindauer sells over a thousand products from some 300 manufacturers. In 2005, the business grossed around $130,000. He got $200,000 in 2006. One day, it’s going to be a cool $1000000. Full story.

http://amazingbutterflies.com/

Amazing Butterflies is really an amazing million dollar homebusiness idea success story. Jose Muñiz's career began when a friend bet him $100 that he could not sell butterflies for a living. Now, seven years later, the former business consultant and his wife, Karen, own Amazing Butterflies, a live-butterfly distributor that generated $1 million in revenues in 2006. Though Muñiz is still waiting for his $100, he says that he has backed his way into a job that he loves. "I could never go back to consulting," he says. "This is just too much fun." Full story.

http://www.laneigepurse.com/

What began as a solution to her chronic back and neck pain is now a line of purses for women who share Kristy Sobel's condition--or simply want a fashionable fanny pack. After three car accidents that resulted in extensive back and neck surgeries, the 35-year-old entrepreneur realized she couldn't do the traveling her then-job required. To ease the weight on her shoulders, Sobel searched for a fanny pack that would accommodate her condition, but realized fashionable ones were nonexistent. So she created one. Before long, family, friends and even strangers were requesting this one-of-a-kind purse. She approached boutiques with her design after successful test runs at her friends' shops, but the door-to-door routine eventually took a toll on her body. Sobel continued her venture from home, found a rep to promote her bags at a trade show and used her and her husband and co-founder Eric's savings to launch LaNeige Purse. Last year she made over $200,000 from her purses.

Books on homebusiness:

The Super Affiliate Handbook: How I Made $436,797 in One Year Selling Other People's Stuff Online

Missed Fortune 101: A Starter Kit to Becoming a Millionaire

Internet Riches: The Simple Money-making Secrets of Online Millionaire