In the past, women used to stay at home and look after their children, and their husbands used to go out in search for the daily bread. Modernity and civilization came, and women started getting very high levels of education and they started going out to look for the daily bread as well.History repeats itself, and this can be proven by the fact that most women today are looking for a way through which they can resign from their jobs and stay at home and still earn money. No wonder women are busy looking for the best ideas for a home based business for women.The reason why women today want to work from home is so that they can have the best quality time with their families. A home based business for women will set a woman free in terms of time and money. Every woman wants the opportunity to have the freedom to go on holiday or do other personal stuff without having to write a letter to a manager or supervisor to ask for permission for “fake” reasons.One of the greatest tools a woman can use for a home based business for women is the Internet. This is a tool in which and through which one can do home businesses that work. There are many business opportunities that are tastefully simple to do and that can lead you to the freedom of being an entrepreneur. One of the best businesses one can do from the Internet is network marketing. It is a very easy job to do, and all one needs is to have a good client base and the right items for sale.Other home based business for women include blogging, freelance writing or fitness products and material. All these businesses require small capital to start. You can also do direct selling of your own business or shop or you can look for a good franchise business.There are many ideas for a home based business for women. You can also consider having a day care at your home, provided the condition of your home will pass the inspection done by the authorities.Many women are highly success in the home based business industry and it is no secret as to why this is the case. They have the perseverance to go out there and make the best out of their opportunities which awesome. And there is no reason why you can’t do the same for yourself.

Congratulations in the first place for searching for home based business idea. Like you, I have tried numerous opportunities based on ads, sending off credit card to get the insight from some millionaires, taking paid surveys, acted quickly to receive a 50% discount. I spent thousands of hours and dollars to explore a quick rich scheme to find the best home based business idea.

Out of these exercises, I learnt to do the proper due diligence and I learnt to pick the ones that worked. And I am more than happy to share the top ten home based business ideas with you.

Home Based Business Idea 1: Converting Your Hobbies into a Business
There are basically only two types of things in the world, one type is things you like to do, and the other is things you don’t like to do. Imagine how great life would be if you had a chance to live all your day by only doing the things you love to do.
I would call it living! Athletes call it Zone, Artists call it Flow.
You can live the life of your dreams when you convert those dreams into hobbies. Nothing else is more value than honesty, knowledge and true enthusiasm. Whatever your hobby is, you could make a great living out of it by turning it into a home based business.
What Do You Need?
Passion! You need to identify what your true passion is!
Ranking 5/5

Home Based Business Idea 2: eBay and Auction Selling
For just one moment, remember those days. No internet, no e bay. You put up a garage sale sign, and are awake from 5 in the morning, trying to sell the old lawn mower.
Now come back to current time. If you have the same lawnmower, you can get it listed into e bay, some one from 500 miles away from your home has just bought it for $400.00
Do you see the point? Could you turn it into a profitable business? I made six figure incomes by importing goods from drop shippers, and selling them through online local auction called trade me. Time Spent may be 1 hour a day or less.
What Do You Need?
How to add, subtract, email and know how to list in online auctions.
Ranking 5/5

Home Based Business Idea 3: Web designing
What on earth do you think made me learn web design at an age of 27, being a civil engineer?
Because I knew for what I am trying to achieve, I will need a website. I tried to get quotes from some local companies; sexy sales reps came to meet me and present quotations from 5 to 10k.
I knew there must be some other ways. I put an ad in the local student club, got it done at half the price and the designer showed me how easy it was. I downloaded demo version of Dream weaver and created my next website myself.
If you can design quality websites, I recommend right now quit your day job and start your own web design business.
What Do You Need?
A good PC, web design software (there are plenty of them available on the net even for free) and a bit of marketing
Ranking 5/5

Home Based Business Idea 4: Desktop Publishing
When I first started up my physical business, I knew the value to desktop publishers. How much I wished I could be one. Unfortunately my brain does not work that way! I called up so many people; I required logo, cards and brochure to be designed, and explored so many places, and they were so expensive!
If your brain works in this way, you have the gift to put together brochure and newsletters, you could offer your own desktop publishing service to other small businesses.
What Do You Need?
Although highly profitable, it is not for everyone. You need to be good in designing and efficient in using relevant software
Ranking 4/5

Home Based Business Idea 5: Business Coaching
There are two ways to learn, learning the hard way, by doing the mistakes yourself, and secondly learning the wise way, by learning from others mistakes.
Most of the successful small business owners are smart people and they prefer learning by looking at others mistakes. Also doing a silly mistake may become fatal to the small business owners. That’s why business coaching and mentoring is becoming increasingly popular everyday.
If you have relevant background or experience, by all means go ahead and start your own coaching business. If not, there is plenty of great business coaching franchises available for you.
What Do You Need?
An open mind, ability to feel others problem as your problem, leadership skills, knowledge and industry experience
Ranking 4/5

Home Based Business Idea 6: Child Care Service
Are you a big fan of Daddies day care movie? If you look at your local business directory, you will find that the hot businesses that get sold within two days of listing at a top price are child care businesses.
And the trend will be going up, up and up. As time goes by, parents will be becoming busier, and more willing to spend a fair chunk of their income for a good childcare service.
What Do You Need?
You can deceive the whole world, but you can not deceive a child mind. I really love children and wish I had the childhood connection with super intelligence back. You must be truly caring, and love children, I repeat you must love children
Ranking 4/5

Home Based Business Idea 7: Virtual Assistant Opportunity
Again, thanks to the internet and home based business. How much did a small business owner wished, if I could have a shadow secretary, filtering my email, drafting my letters, looking at the accounts, paying the bills and reminding me of my appointments? It’s a shame I can’t afford one!
Now it’s a different scenario. Virtual assistant opportunities in providing the above mentioned solutions are becoming popular and you could easily ride this tide. You could even employ some staff to help you out.
What Do You Need?
Some secretary skills, efficiency in using computers.
Ranking 4/5

Home Based Business Idea 8: Free Lance Photography
On my graduation day, for the first time in my life I used the service of a professional photographer. I was amazed to see his luxurious studio, his home theatre and audio system, and his collection of cameras and classical music (that is my one weakness).
Did you ever try to purchase a picture of a photographer for your article or college wall journal? Was it an easy task? Definitely not cheap!
If you like photography, you can combine it with internet to create a very successful home based business. You can offer your services as a free lancer to small and big companies, news papers, magazines. You could offer your service to weddings, college functions and where not?
What Do You Need?
A good camera, a good PC, a good collection of lenses and mindset of a good photographer
Ranking 5/5

Home Based Business Idea 9: Writing E Books and Articles
Napoleon Hill, when he wrote his book, got paid $1 a month from the president of USA. But when his book was published and sold, he earned more than a few millions from the sale during the first year.
Publishing a book is another mammoth task, almost a nightmare for a novice writer.
With e-books, you can eliminate this nightmare and enjoy a part of this great success by brilliant authors.
What Do You Need?
A bit of creativity, project planning and management skills and persistence
Ranking: 5/5

Home Based Business Idea 10: Interior Designer
No matter when you are moving to a new home, or re-decorating your home, moving to new office, how much do you wish for a consultation from an interior designer? Do you believe in Fang Shui?
If you are good in colour, material selection and arrangement you should go for it. If you do not have a relevant qualification, do not worry, you can just get one in 3 to 4 months from lots of organizations. Do well in whatever you are doing, and your phone won’t stop ringing.
What Do You Need?
A creative mind, passion for space and making things look better.

WHAT IS A PENNY AUCTION?

Penny auctions have exploded in popularity with the massive growth of the internet. However, few people know the true origins of penny auctions.Beginnings actually stretch back to the Great Depression. Those were hard times for everyone, but even harder for farmers. Farmers struggled to bring in steady income because of droughts and crops not selling as well as they had previously. As a result, the banks would foreclose on the farmers who couldn’t keep up with their mortgage payments.

The banks weren’t satisfied with just repossessing the house, they wanted to raise as much capital as possible, so they resorted to selling off the possessions of the owners of the repossessed houses. There was not much the farmers could do about it so they began bidding ridiculously low prices, pennies, on the items while threatening others who dared to bid higher than a few pennies.

The auctions of today hardly resemble their tremulous beginnings. Being part of a penny auction today is exhilarating, fun, and addictive. It combines the selling format of auctioning with a little bit of chance factored in.Auctions are a game of strategy but also a game of luck.

The premise behind penny auctions is giving people the chance to win an item at a drastically reduced price.Auctions make that possible by spreading out the cost of the product among multiple bidders. In order for a person to take part in an auction, they must pay a set price for each bid. For example, if a person wanted to bid on a fifty dollar Amazon gift card then he would spend a dollar for each time a bid placed. If he ended up winning the gift card, then he would only have spent a few dollars for a fifty dollar gift card. Usually penny auctions sell bids in packages.

HOW PENNY AUCTIONS WORK!

The main foundation of penny auctions is the pay-per-bid format. It is the key that allows bidders to win items at the fraction of their retail value and allows the auction owners to keep their site profitable. Most y auction sites run on the same premise: people pay a set amount for each bid, whenever a person places a bid within the closing seconds of the auction time will be added, the last person left with a unique bid after the clocks runs out will win the item. There are a large variety of items that can be won, but they tend to be popular electronics or gift cards to popular stores.

There are two types of auctions: lowest unique bid auction and highest unique bid auction. Lowest unique auction sounds confusing but it is actually quite simple. A unique bid is when only one person has a bid at a certain price. Bids usually start at one penny, a bidder can then place a bid at two pennies. Until another bidder places a higher bid, the most recent bidder will be the lowest unique bid because that was the only bid at two cents and nobody bid higher. However, penny auctions generally don’t stop at one penny. It is not uncommon to find auctions that end up at a couple hundred dollars based on the popularity of the item being auctioned. However, the same principles apply for those auctions. Highest unique bid auctions follow the more traditional auction format such as eBay. The person with the highest bid at the end of the auction wins the item.

Auction site owners turn a profit by selling bids. Say twenty people are bidding on a ten dollar gift card at one dollar per bid, at the end of the auction if there were twenty bids placed in total then the site owner would have made twenty dollars with a ten dollar profit.Auctions do seem like a win-win situation:The site owner makes money while the bidder gets an item for dirt cheap. However, not everyone wins in penny auctions. The people who paid one dollar each bid but left with nothing to show for their investments will not be so happy.

HOW TO WIN!

Penny auction has a lot of chance mixed into it, but one can incorporate strategy that will help raise the chances of winning. Playing smart can make all the difference between gambling and auctioning.

The first crucial tip to winning penny auctions is to know how to manage your bids. Your goal should be to win as much as possible without spending a ton of money buying bids. Managing your bids means that you should already know how much you are willing to risk in order to win an item. The amount of capital you are willing to risk will determine how many bids you can use. Once you know how many bids you have to spend on an item, then you will be better able to manage how and when you place a bid. That will keep you from blowing away all of your bids in the first few seconds of the auction.

The next tip is to practice time management. When fighting in the trenches of penny auctions, you have two enemies: other bidders and time. Knowing when to bid is a must if you want to have success. Placing a bid when there is a lot of time left on the clock is never a good idea. You have to remember that the key to winning a penny auction is being the last one standing when the clock runs out and that each bid increases the amount of time left. It would be a good practice to wait until the last few minutes of the auction before you begin to bid.

The final tip for successful auctioning is to keep your emotions under control.Auctions have a lot of similarities to gambling, and just like gambling, your spending can get out of control. If you keep your emotions level, it will keep you from making rash decisions and blowing loads of cash. Keep your mind clear so that you can gage the behavior of the other bidders and outsmart them.

HOW TO AVOID SCAM SITES!

Penny auctions are a great addition to the web whether you want to win an item that otherwise you wouldn’t be able to afford or if you simply enjoy the thrill that comes with bidding in auctions. Unfortunately, scam sites have tarnished the reputation of the legitimate penny auction sites. However, there are ways that you can protect yourself from scamers and enjoy your auctioning without having to worry about losing your money due to dishonesty.

Checking the reputation of the auction site before you start spending your hard earned money is always a good idea. Chances are other people have tried the site before you and some of them have left reviews. The reviews are your way to gage whether a auction site is trustworthy or not. If a site is getting overwhelmingly negative reviews, then that is a clear indication that you should steer your business elsewhere.

Another tool you can use to protect yourself is checking the Alexia ranks of the auction sites. Alexia rank will give a solid view of how much traffic the auction is getting. If you see a huge difference in the amount of traffic Alexia is projecting and the amount of active bidders on the site, then warning signals should be ringing in your head. Some auction sites have been known to set up robots that automatically bid on projects in order to keep the auction going and inflate the price. That is known as shill bidding. You can sniff out those sites by comparing the traffic the site should be getting to the amount of users using this site.

CONCLUSION!

New legislation may come out later down the road that will officially make penny auctions gambling, but until then, it is a fun, exciting auction that allows one to win the item they’ve always wanted but couldn’t afford.Auctions are also quite lucrative for the site owners because of the pay-per-bid strategy they’ve incorporated. Penny auctions had humble beginnings with farmers who just wanted to get back at the banks who kicked them out of their house. More recently, auctions have enjoyed an explosion in popularity with the rise of the internet.

There are two main formats fora auctions, lowest and highest unique auction, however they both run on the same premise where the last unique bid wins the item. Winning a penny auction will require a certain amount of mental tactic and a bit of luck. However, you can increase your odds of winning by practicing certain techniques such as managing your bids wisely, learning how to work with the time, and keeping a level head and your emotions under control. When you combine those three strategies to your bidding plan, you will find that you win a lot more often.

It is important that you do your due diligence to protect yourself when participating in auctions. Not every auction is run by honest and trustworthy people. There are people out there who just want to take your money. You can protect yourself by ensuring that you only bid on sites that already have a very positive reputation from real users.