Top ten small businesses to start

1.Do-It-Yourself business

Most of the case, DIY reduce costs. If you can provide products and services that allow people to DIY something, such as creating your own home cleaning products, you are on a roll.

2. Energy saving business

This idea is definitely hot in the past few years, and in 2009 the emphasis on energy cost-cutting regimes will push any energy saving businesses even further. Producing or distributing LED lightings will be the right business this year.
3. Online business

Ah, my favourite small business idea. The wonder of the Internet is this: For as low as $50 (a domain name + affordable web hosting fee) or even for free, you can start a lucrative online business and shoot for a chance to create a six figure business before this 2009 ends! Of course, one key factor: your competitiveness in a low-cost, high-competition market.

4.Baby boomer-related business

The highlight of the year: Baby boomers are retiring from the workforce, creating a mega-problem to the economy - thanks to the flawed MediCare, Social Security and retirement funds. Creating a business that act as a safety-net for those baby boomers will boom your business sky-high. One example of such business is entrepreneurship training business for baby boomers.

5.Cheap and/or recycled product business

“Turning trash into cash” type of business is very, very lucrative this year. With the increase in material and production costs, making use of ‘useless’ materials and create something out of them will proved to be a thriving business. One example: Creating Converse-like canvass shoes out of wastes - the scrapbooking style.

6.Home based business

The best cost-cutting innovation of all - work from your home! With the ever-presence of the Internet, working at home

7.Charity and philantropy

Giving as a business? Never - However, you can be a business that match recipients and givers, such as the web-based Kiva.com that match small business borrowers with lenders.

8.Outsourcing

There is a better solution in your cost cutting campaign - outsourcing. Outsourcing main benefit is leaning your company so you are more nimble and resposive to changes. The key in outsourcing is finding the right companies to outsource to. The business idea: outsourcing company that manage service buyers needs.

9. Mobile business

No longer a trend for road warriors out there, but a growing trend for new entrepreneurs who envision themselves as location independent business owners. Again, the Internet plays a major role in mobile business, as well as the more powerful and cutting-edge mobile technologies and gadgets. Your iPhone and MacBook Air will enable you to run your business wherever you are.

10. Bootstrapping and cost-cutting consultancy business

As every business owner aim to be leaner and more responsive, bootstrapping and cost-cutting consultants will have their moments this year - roles, such as energy consultants, Internet startup consultants, and similar others will enjoy substantial growth this year.

Source: www.noobpreneur.com


Kyree H. Shaw, founder/CEO
Lighthouse Consulting and Co.
http://www.thelighthouseway.com

"Entreprneurism" pt. 2 - Fear of Failure!

The all time number 1 reason why people do not set out to start the business they dream of or yearn to have is because of their paralyzing "fear of failure." Most people are afraid to death of having the naysayers say, "I told you it wouldn't work!" Most people are so afraid of confrontation and rejection that they never even try to achieve the goals they set for themselves. Especially,when it comes to business.

1st question: What would you do about your dreams and goals if you weren't scared?

Only you can answer that question, but if you can come up with a solid answer then you just found the first piece of the puzzle to lead you to the path of your success!

Coming soon: Pt. 3 Conquering fear!

Kyree H. Shaw, founder/CEO
Lighthouse Consulting and Co.
http://www.thelighthouseway.com

"Entreprneurism" pt. 1 - The Real Stimulus Package!

I don't know about you but the news about the DOW breaking 10,000 had me a little excited at first! I thought, "wow, the economy is starting to look up and this bleek situation we are in will soon come to a head and will begin to turn around" But, my feeling was short lived because the very next news segment was how the unemployment rate is still rising (close to ten percent and still going) and the foreclosure rate is rising as well (1 in every 84 homes in the entire U.S. recieved a foreclosure notice this year).... That means we're still caught up with the same ol' sticky situation where the bankers capitilize and profit while the rest of us still waddle and scratch to survive while barely making it from check to check (if you still have a job). The thing that amazes me is that the country rejoiced as if progress was made and actuallly the progress that was celebrated only benefitted those who the so called recession never hit!

Which leads to my point; I'm a firm believer in the only way to get out of the rat race is to embrace some form of entrepreneurship. What does that word (entrepreneurship) mean: websters deines it as: one who organizes and assumes the risk of a business or enterprise. I believe that thinking about a skill that you possess that you could possibly profit from, focusing on that particular skill and making a decision to actually make it a reality. 9 out of 10 people think about owning and operating their own business. Whether, it's oopening a small sandwich shop with 2 employess or a large corpoartion with hundreds and hundreds of employees servicing customers across the globe, we have these dreams. So, why is that most people wont chase these dreams until they become reality? Is is that we're scared?

To be continued...


Kyree H. Shaw, founder/CEO
Lighthouse Consulting and Co.
http://www.thelighthouseway.com