Understanding Trends and Timing in Business

Let's take a look at those trends...

Remember the four key business principles?

  • Large and growing market
  • Unique, consumable products
  • Excellent timing - specifically trends
  • Leverage your time through employees or business partners

When it comes down to it, whatever business you choose to pursue, you want to be certain there is a market for your product or service. You want your product or service to be consumable, otherwise you are starting all over after you make a sale. Know that you need to become involved in the early stages of a trend and not the end. Finally, know that working with other people and having them work for you leverages your time and income.

A famous entrepreneur once said - "I would rather get paid 1% on the efforts of 100 men than 100% of my own efforts".

This is time and income leverage.

Here are four current, growing trends you might want to think about. We'll focus on these.

  • Healthier Living
  • Environmental Issues
  • Financial/Security Issues
  • Retirement Concerns

You can go to CNN. Fox, or get your local newspaper today and read about all four of these trends and concerns. It's pretty easy to see that we need to make some changes in how we live to enjoy greater health and financial security.

You don't have to be a radical to know that our environment, including the environment inside our homes, could use some changes even if they are small changes for now.

The economy is a great concern now, and we are seeing significant job layoffs and once-strong companies closing their doors.

Seriously - who isn't worried about having enough money to retire without having to take on part-time job to make ends meet? Who wants to be a Wal-Mart greeter when they could be travelling and enjoying  life?

Wouldn't it make sense to invest in a home business that solves all four of these concerns and takes advantage of the trends associated with each?

Let's talk now about how this simple home business fits into that.


eldon beard watkins

Eldon Beard
Home Business Owner