Developing a solid business idea requires not only innate business savvy but also a system of rules. It always helps to use a very structured approach, but to really hit a home run business idea, you need the right background, the right opportunity, and the puritan work ethic to turn a business idea into a business success.

The focal point for coming up with a profitable business idea primarily lies within the soon-to-be entrepreneur. Contrary to popular belief, it is not found in the marketplace or laboratory. You are the critical component – it is your strengths and flaws, which should dictate the areas in which to seek ideas and focus your business around. At the end of the day, support for your business by financiers, suppliers, customers etc. will also be a vote of confidence in your abilities to make it successful.

However, once you’ve identified the niche market that you want to enter, begin brainstorming potential product lines and services that you can offer to customers within this market. Your first step is to transform yourself into a potential customer and envision the types of questions and concerns they may currently have. Try to address these problems first.

After you have your profitable business idea firmly cemented in your mind, you should start browsing various online forums that are related to your particular niche market. Go out and try to network with individuals that are already existing in your market and ask them if they would be interested in the particular product or service you are thinking of offering. If no one shows interest in your idea, then it might be a good idea to pass on this initial idea and start thinking of alternatives. You can also follow certain conversation threads in online forums to see if anyone is currently suffering from any “pains.” A great product will address the unmet needs of your potential customers.

Last but not least, perform a search for keywords related to your niche market of choice. Look at the sidebar of the search engine to determine how many ads show up. If you see that a lot of ads are showing up on the results page, then this gives you a good indication that a market exists for the potential product offerings. Your next steps should be to try out different keyword combination’s and to scope out your competition for ideas on how to differentiate yourself.

Lyndon Perkins has been a online business owner for a long time and maintains a website about internet entrepreneurship where you can get answers to the rest of your questions.

World's Most Profitable Businesses To Start From Home! 80% Profit!

The Most Profitable Home-Based Businesses – Forbes.com
Oct 14, 2008 … In Pictures: The 10 Most Profitable Home-Based Businesses …. One warning about working from home: The walls may start closing in. …
www.forbes.com/…/profitable-home-businesses-ent-fin-cx_mf_1014mostprofitablehomebiz.html – Cached – Similar
Best Home Based Business Ideas|2011 Small Business Ideas …
Apr 26, 2011 … ShareSeriously, starting a profitable home based business online for less than 0 bucks is a real possibility. Listen when I started …
www.createliberty.com/ – Cached – Similar
10 Profitable Home Businesses for Work at Home Entrepreneurs
121 Internet Businesses You Can Start from Home … Here are ten ideas for highly-profitable go-out businesses that you can run from your home. …
Business Lecturer/Resource Speaker – Computer Consulting – Business Broker
www.powerhomebiz.com/vol31/goout.htm – Cached – Similar
List Of Small Business Ideas – How To Start A Small Business
Find hundreds of profitable small business ideas and learn how to start a small … Whether you’re looking for home business ideas, internet and online …
Low Cost Business Opportunities – Home Businesses – Getting Started… – Biz Finder
www.mysmallbiz.com/ – Cached – Similar
Online Home Business Ideas | Legitimate Internet Income Opportunities
How To Start A Profitable Online Business To Earn Extra Income From Home … Learn how to start and run a profitable HOME BASED BUSINESS on the Internet and …
www.cyns-home-biz.com/ – Cached – Similar
How to start a profitable Home-based Business
What I’m saying is that in reality, there’s literally no end to the ways you can start and operate a profitable extra income business from your home. …
www.4hb.com/0420starthomebusiness.html – Cached – Similar
Legitimate Home Business Ideas That Work!
Here are a few service business ideas that you can turn into a profitable home based business. A service business is the easiest type of business to start. …
www.legitimate-home-business.com/ – Cached – Similar
Best Internet Home Business Ideas | Online Home Business Opportunities
Discover the best and most profitable internet home business ideas and opportunities for 2011. Read our free step by step guide on how to start your own …
www.homebiz-direct.com/ – Cached – Similar
Best Business Opportuntities To Start|Most Profitable Online …
Taking an alternative approach to earning money and starting a profitable home business venture is on the the minds of more and more people looking to …
www.createliberty.blogspot.com/ – Cached – Similar
Small Business Ideas and Home Business Ideas
Here are small business ideas for your business startup, including home … have a look at this list of business ideas for profitable businesses you can start … Here are the best small business ideas for small businesses to start or …
sbinfocanada.about.com/…/businessideas/Small_Business_Ideas.htm – Cached – Similar

Buyfave.com