In contrast, a BUSINESS, including a home based business, is one where you choose and control what ever it is your business makes or does. It could be virtually anything, and probably the best business is one where you control the product or service. Here on the internet, Information products are tops; these are followed by service products. Then comes those things you Umrah visa from UK manufacture or make, and finally, there’s the category of items someone else controls but makes available to you for resale. Affiliate programs fall into this category. But you really need to be aware that if you are going to have a BUSINESS you are going to have business expenses, even a homebased business. These are the expenses of the office first, and then you may need to have some product or have been a user of some of the service so you truly KNOW what you have and can do business from a credible point. The product or service should be one of value that if you were the buyer, you’d consume it yourself at retail. Watch the line though… you don’t want to is get into a business where you are required to purchase X dollars amount of product every month, whether you can use this or not. That’s not a legitimate business.
Depending on your philosophy, you’ll probably agree that it is very important to choose a business that interests you. Pick one that you will enjoy doing, ideally something you are passionate about. Think about it, if you are going to start a business from home, it makes sense to choose something that you will enjoy. And if you enjoy it, then you’ll probably learn more quickly and have your heart more into it when the going is tough.
But we’d put just a few things ahead of this and put “enjoyment” as a luxury. Those things are market size and market growth. Where is your business product or service in terms of life cycle? Is your market expanding and you can ride a wave, or is it declining. And what is the market size and potential. Will there be a business available for you in 5 years? Ten?
Then lastly, we’d probably mention that the business should be ethical and compatible with what you believe. Many people who research businesses, particularly Internet businesses, know that the porn and gambling industry meets the criteria of growth and market size. You may be tempted to look in those areas, and if you are, kindly close this report or article and tear up you paper copy. This is not a part of the business world we want anything to do with. Money and income is just not that important to us.
After evaluating many, many, many businesses and participating in several since 1969, including an early successful involvement with Amway, then Free Life, and a couple others, including a few that just didn’t “go” for us, we became aware of the opportunities in the online travel business. This is a business model that has just evolved over the past few years, and is now in full momentum.
It is also important to be a part of trends. Fortunes are made by riding trends. Currently, travel is a trend to the tune of 6 trillion dollars a year! By 2010, that number is estimated to be 14 trillion dollars!
Think of all the baby boomers that will be retiring in the coming years. And what do people like to do when they retire? What would you like to do when you retire? If you’re like me, travel is probably very near the top of that list.
That is why the travel industry provides the perfect business for opportunity seekers. It is simply taking advantage of a trend that is just starting to gain momentum. When looked at as a home based business, it rides the second trend: the growth of the Internet as a business medium.
Let’s look at how and why this has evolved into a viable Internet Based Travel Business.
People “booking travel” for others has evolved possibly in three stages. We also should consider the two major market segments: Business travel and personal or leisure travel, and in the later category, we’d include as a very close association, travel and leisure and recreational activities and lodging. We are going to focus on personal leisure travel and recreational travel market.
STAGE 1: Probably dates back about 75-80 years when the primary mode was train and ocean liner. There were no condos, few motels, and little air travel. But there were many lodges and luxury hotels. We’ve all heard of the Biltmore and others. And there was some degree of business travel, but not to the extent we had a few years ago before travel (particularly sales meetings) became so expensive. Other than those vacations to places like Atlantic City, travel was really more in the hands of the more wealthy part of the population, and most of THOSE people just did not want to be bothered making their own arrangements, or even checking places out. A small cadre of “travel agents” was born, although they probably had many more duties along the line of concierge, personal assistant, etc. In large companies, specialists were brought on board to do those arrangements… and seek out bargains and discounts for their companies.