Are homepreneurs getting their due?

Worldwide, increasingly number of people are taking to comfort businesses so that they can spare more time for family and friends, and the more specialized once stands under the category of home businesses commonly known by the name "Homepreneurs". These are a new generation adults on the block who have everything to sell right sitting back at home and still being counted amongst the top successful businesses around the world. They have a new breed of technology, which doesn't require big set ups nor highly skilled manpower so what makes them so unique and yet so powerful to gain worldwide recognition?

It's all in the TALENT I feel, talented individuals can easily break the ice and polish their skills even more to get in to the industry of their choice. Today, unique ideas sells the most and there are even more grabbers for it before you actually launch your product, within just few months of any product introduction in the markets, we start seeing similar types of products, even with better quality and rate. As far as my research goes, I have had couple of opportunities to interact with homepreneurs to understand their style of working and how they make profits and how they manage their business, the answer I got was very simple, they are determined and handle it like any other business given the amount of time and resources they get.

Ten years back, we hardly had any imaginations that we can do bigger businesses sitting at home, with increasing awareness of technology and other supplementary resources we can do everything possible under the sun. More likely, the virtual world of Internet has made this possible as people can get interacting for business in a matter of just few seconds from different continents. Home businesses are mostly specialized businesses dealing in unique items, in fact, that is the main reason why they are being able to sell their unique proposition. According to the research survey by Small Business Success Index, following are the learning facts of home-based businesses:

• Given the amount of small businesses being set up in the recent while, around 6.6 million small businesses fit in the category of "homepreneurs", they provide at least half of their total monthly income. 75% of them are working at their businesses full-time.
• Small home businesses are not backed by venture capitalist so they tend to often employ American workers.
• c. It's the real business people are doing at home, some of them had been doing the business for as long as 15 years now.
• Approximately, more than half of these homepreneurs had employees and almost 40 percent said they had around 5 workers on their payroll. The total figure stands at 13.2 million employed under them.
• Around 35 percent of them made more than $125,000 in revenues each year.

Home based businesses are growing each year with the amount of comforts it is providing along with wide scale popularity and the share of revenue and profits, it is the next diversion to doing business in a different, yet sophisticated manner.