No Place Like Home
If home is where the heart is, then your business belongs there, too. Here are 10 of today's hottest homebased businesses.
URL:
http://www.entrepreneur.com/magazine/entrepreneursstartupsmagazine/2000/september/31142.html
Have you ever looked out into a sea of brake lights or been in a
crowded subway and longed for the comforts of home? In the digital
age, working out of your home is more practical than ever.
According to the American Association of Home-Based Businesses
(AAHBB), more than 24 million Americans measure their commute from
the bedroom to the computer. We've chosen 10 homebased
businesses and learned there are a few commonalities: 1) You need
boundaries between your work and personal life, and 2) you need to
network with other entrepreneurs who can offer support. Read on-but
be prepared for an uncontrollable desire to eschew corporate
culture for homebased bliss.
Talane Miedaner
We all need an ear-an objective listener
to guide us and help us better ourselves. Talane Miedaner has
tapped into that need with her successful life-coaching
business-helping clients find their way to fulfillment in both
their personal and business lives.
Miedaner, 34, coaches from experience-she hired her own personal
coach while working at a Manhattan bank. Under his guidance,
Miedaner found that she, too, had a knack for coaching and enrolled
in a training program at Coach University in Steamboat Springs,
Colorado. To secure her finances during start-up, she continued
working at the bank while forming a small circle of clients. In
1997, she left her job, wrote Coach Yourself To Success
(Contemporary Books, $22.95, 800-323-4900) and continued to grow
her client base.
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| | | | | Put some pizzazz in business!
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Coaching everyone from doctors to entrepreneurs, Miedaner's
built a name for herself worldwide. "I love the commute,"
says Miedaner of the comforts of her home in New York's
Catskill Mountains. "I roll out of bed, and I'm coaching
away."
Working with 40 clients a month, Miedaner has four homebased
coaches under her guidance at Talane Coaching Co. Her 2000 sales
top $150,000. Concludes Miedaner: "[I help] people get their
dream homes, their dream relationships...it's
fabulous."
Harry Nelson & Jesse
Raben
Not many people get to meld entrepreneurship
with social consciousness. But Harry Nelson, 32, and Jesse Raben,
34, have done just that with AllThingsJewish.com (ATJ). Far
from being only an e-commerce site, ATJ is a forum for the Jewish
community, providing an online store, a library, an e-zine (called
Tribe) and a Judaica gift registry.
The former lawyers launched ATJ last year when they saw the vast
potential of the Internet. Nelson and Raben's biggest start-up
hurdle was choosing a Web design firm to create an interesting and
functional Web site (costing them in the low six figures). Working
from their homes in two different cities (Nelson is in Chicago,
Raben in Washington, DC), the two constantly monitor the site and
the 1,000-plus products they sell-many of which come from
Nelson's mother, who runs a brick-and-mortar Judaica gallery.
From chuppahs (wedding canopies) to software designed to teach
children Hebrew, ATJ products are in high demand.
The partners also sponsor their Tzedakah Program, in which they
partner with nonprofit Jewish organizations to give back to the
community. The most satisfying aspect? Notes Raben:
"[We're] giving to Jewish organizations. We're making
a difference in the Jewish community."
Kartar Diamond
When Kartar Diamond happened upon a Feng
Shui book 10 years ago, she couldn't help but be intrigued by
the concept of harnessing Chi, the positive life force, in order to
maximize the health benefits of living and working spaces. Under
the direction of Feng Shui authority Master Larry Sang, Diamond
completed her studies before launching her consulting practice,
Feng Shui Solutions.
What Diamond found, though, was that consumers weren't
necessarily as informed as she was. One of her biggest challenges
is educating the public about what exactly Feng Shui is. Says
Diamond, "There's a tremendous amount of misinformation
about it."
And after she gets the clients, getting to them is
another challenge. While she is located in Los Angeles, she often
visits the homes and offices of her clients all over Southern
California. "What I came to realize [in my first year] was
that one of my biggest unexpected expenses was car maintenance and
travel," says Diamond.
Diamond, who also teaches Feng Shui classes at the American Feng
Shui Institute in Los Angeles, cautions anyone who is interested in
practicing Feng Shui to get adequate training. "People get so
excited about Feng Shui, they want to do it after they've read
a book or two. Or after they've taken only six months of
classes," she says. "And you can end up damaging your
reputation and causing harm to people if you don't know what
you're doing."
Working with an average of seven to 10 clients per week and
grossing a six-figure income, Diamond knows what she's doing:
harnessing positive energy in her life and business.
Geri Loendorf
Unplanned but undeniably successful is an
accurate description of Geri Loendorf's Fullerton, California,
jewelry business, dubbed GEMdesign. While working full time in a
graphic arts job, Loendorf had to take more and more time off due
to family obligations. But fewer work hours meant smaller
paychecks, so to supplement her income, Loendorf turned to eBay in
hopes of auctioning off some of her old jewelry creations that were
languishing in storage.
To her surprise, her bejeweled stickpins and hat pins quickly
sold out, with customers asking for more. "It surprised the
heck out of me that the pins took off the way they did,"
laughs Loendorf.
Using everything from glass beads and candy-like furnace beads
to natural materials like carved gemstone or wood, Loendorf's
creations are infinitely unique. Selling under the eBay screen name
"gemdesign," Loendorf's artistry has created quite a
following. "It's been extremely fulfilling to get so much
positive feedback from people I've never met, including other
designers," she says.
The bidding starts at about $5 to $6 for an average pin.
Depending on the lampwork glass art in the pin, the bidding can
sometimes reach $30 for her handiwork. To entice buyers, Loendorf
makes certain the photos of the pins up for auction are of good
quality. During busy weeks, she's listed some 25 pins up for
auction.
While this is still a part-time gig for Loendorf, she would love
for it to be full-time someday. Hopeful auctioneers take heed:
"Once interest is generated [in an auction]," she says,
"other buyers see that and are interested just because of the
action that's happening around them."
Stephanie Denton
Putting everything in its place can have its
rewards. Just ask professional organizer Stephanie Denton, 33, of
Denton & Co., who makes a good living creating order from
chaos. Working out of her Cincinnati home, Denton is well-known in
organizing circles.
After working in marketing and business administration, Denton
got her start in 1994 when a client asked for her expertise.
Positive word-of-mouth and a few local newspaper articles followed,
and, says Denton, "It simply grew from there."
It took more than a knack for shelving and stacking to get
going-running a professional organizing practice is really about
serving clients. Says Denton, "Realize that it's not just
about being organized for yourself; it's about being able to do
that for clients." Denton credits her success to her ability
to listen and discern the different needs of her clients as well as
her participation in the National Association of Professional
Organizers (of which she is vice president).
And who she can't reach via personal consultations, she
reaches through other avenues: her nationally syndicated newspaper
column and articles for Family Circle magazine. Considering
her business has grown about 50 percent in the past year, her
system seems to be working.
John Kleinschmidt
Virtually everyone has a dotcom domain.
Tech-savvy entrepreneurs know that embedded in all that code is an
opportunity-one that John Kleinschmidt, 31, of Waterford, Michigan,
is capitalizing on with his Internet security consulting biz. This
former Novell, NT and UNIX administrator was bitten by the security
bug in 1995. He'd been studying security on his own via the
Internet, books, conferences, seminars-anything he could get access
to. When people started asking him for security advice,
Kleinschmidt decided to start charging for his expert services.
Kleinschmidt's start-up costs were nil-he already had the
computer and Net access in his home. The biggest challenge has been
competing against the multimillion-dollar companies that "have
their client base...and a very good reputation," he says. The
best part (aside from spending lots of time with his wife and
children), he says, is that "no two security jobs are exactly
the same."
Keeping up with trends and the latest technology is important to
any computer-related profession. And remember, as long as there are
Internet thugs on the loose, there will always be a need for the
Web site watchman.
Claire Liston
Gone are the days when an assistant had to be
in-house. With the help of a fax machine, a computer and an
Internet connection, an assistant can be in a completely different
state and offer all the services a client needs. Claire Liston, 28,
owner of C. Liston Communications in Alexandria, Virginia, found
that out in 1998 when she started peddling her array of services,
offering to do whatever they needed in order to keep their own
businesses buzzing.
Liston was working in PR and as a meeting planner when she found
herself in between jobs. It was then that her mentor, Katherine
Hutt, suggested that Liston take the leap and turn her side
virtual-assistant business into a full-time operation.
Liston's company has grown from there-strictly through
word-of-mouth, as she does no advertising. All that positive talk
comes from Liston's willingness to do any job her clients need
her to do-be it writing a newsletter or designing a Web site.
"If there's something they need done, they'll ask me
if I can do it," says Liston. "If I can't, chances
are, I want to learn how, and I'll [learn] it for that
client." Because her existing clients keep giving her more and
more responsibilities, she doesn't need to search for new
business.
In the future, Liston plans to continue to expand the services
she offers her clients. Hoping to gross about $70,000 this year,
Liston offers this final advice for aspiring virtual assistants:
"Serve your clients in as many ways as you know how."
Traci Moxson
Are you the one always offering to set
up your friends' Internet connections? Do acquaintances know to
call you when their computers crash? Traci Moxson was always the
go-to gal when it came to computers-and now she's cashing in on
her knowledge.
Moxson, 30, founded theResult Consulting Inc. out of her Atlanta
home in the summer of 1999, following a leave of absence from her
job in which she'd done some traveling in Europe. During her
trek, she offered computer training, troubleshooting and desktop
support in exchange for room and board. Says Moxson, "I
realized there wasn't anybody-at least not in Atlanta-who did
stuff like that. There was a market for it, so I started the
business."
Now Moxson goes to people's homes and businesses to share
her technical expertise with her grateful clients. And helping
clients isn't the challenge-it's finding them. Moxson's
Web site (www.theresult.net) and a listing on RentAGeek.com (a
referral site for computer professionals) help to court clients, as
does positive word-of-mouth. Though she has some exceedingly busy
weeks and others when the phone doesn't ring, Moxson's
business has grown 50 percent in six months. "Anytime I get a
new client, the thank-yous [are rewarding]," says Moxson.
"And knowing it is 100 percent me-[I take] the blame and the
credit. It's so much more rewarding knowing it's all my own
creation."
Antonia Calzetti & Brenda
Yagmin
Spending your life at parties
doesn't sound like a bad gig, does it? That's exactly what
Antonia Calzetti, 34, and Brenda Yagmin, 28, decided when they
opened Conjure Marketing & Event Design in October 1999. The
two met and became friends while working for a small catering
company; when their boss wanted to take the business in another
direction, Calzetti and Yagmin opted to start their own company
instead, utilizing the skills they developed together.
The start-up costs were minimal-less than $500 for their
letterhead and logo, since they already had the computers. The hard
part, as with several of the other entrepreneurs we talked to, was
finding clients-but they've solved that problem with
broad-based marketing efforts, including standard press releases to
media outlets and direct mailings to clients. They also share their
party-planning expertise with a few wedding publications,
"just to get our name out there," says Yagmin.
The entrepreneurs, both with homes just outside New York City,
communicate mostly by phone and e-mail. And there's no regular
work weeks here. "We focus [on the business] seven days a
week," says Calzetti. "But you really have to have a
structure for that, because if you don't, it's going to be
24 hours a day."
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| | | | | Like being the backstage crew of an event?
Life Of The Party sets the stage on how to be an event
planner. | | |
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Calzetti and Yagmin's unique approach to party planning and
their dedication to giving each client a special experience takes
time, but their work is paying off, with sales expected to hit
about $100,000 this year. But the real bottom line? Says Calzetti,
"We party every day."
Bianca Wright
Translating complicated techno-speak
into easy-to-understand English is one of Bianca Wright's
greatest gifts. Since 1996, she's been sharing her talent with
Office.com, ebody.com, ComputorEdge, Cosmopolitan and our
very own Start-Ups.
Working from her home in Port Elizabeth, South Africa, Wright,
22, mostly does freelance writing for publications in the States.
According to Wright, "The number-one requirement for any
freelancer, in my opinion, is a good computer with an Internet
connection." Since she already owned the computer stuff, her
start-up costs were minimal-about $150.
Though she didn't have formal training in journalism, Wright
was able to hone her skills while working on both her high school
and college newspapers. She also had guidance from her family-her
mother is a linguistics lecturer, and her father is a computer
programmer. Says Wright, "My mother's literary nature and
my father's computing knowledge proved extremely
useful."
To find work, Wright looks to The Writer's Handbook
(Trans-Atlantic Publications Inc., $29.50, 215-925-5083) and also
lists herself on freelance directories like Guru.com. But, she says, "The best
marketing tool any freelancer can have is doing good work."
Keep up with all the latest technology advances, always be on the
lookout for new story ideas, and research your market well.
Above all, be confident in yourself. "Being a freelance
journalist," says Wright, "means dealing with rejection
on a daily basis. Don't take it personally." Given the
fact that Wright composes up to eight articles per month and her
sales have tripled over the past year, she knows what she's
talking about.
Look for part two of our homebased section next month, when
you'll get 30 surefire tips for homebased success.
If you're anxious to leave the commute in the dust, check
out these outlets for homebased help:
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| | | | | - American
Association of Home-Based Businesses, (800) 447-9710, www.aahbb.org
- Home Office
Association of America, (800) 809-4622, www.hoaa.com
- How to Raise
a Family and a Career Under One Roof: A Parent's Guide to Home
Business (Bookhaven Press, $15.95, 800-782-7424) by Lisa M.
Roberts
- The Best
Home Businesses for the 21st Century: The Inside Information You
Need to Know to Select a Home-Based Business That's Right for
You (Putnam Publishing Group, $17.95, 800-631-8571) by Paul and
Sarah Edwards
- The Perfect
Business: How to Make a Million From Home With No Payroll, No
Employee Headaches, No Debts and No Sleepless Nights!
(Fireside, $12, 800-223-2336) by Michael LeBoeuf
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Contact Sources
Bianca Wright, bmt@icon.co.za, www.icon.co.za/~bmt
C. Liston Communications, cliston@erols.com
Conjure Marketing & Event Design, (718) 945-9426,
www.conjuredesign.com
Denton & Co., (513) 871-8800, Dentonandcompany@compuserve.com
Feng Shui Solutions, (310) 820-7891, www.fengshuisolutions.net
GEMdesign, loendorf@earthlink.net
John Kleinschmidt, 3525 Karen Pkwy., #102, Waterford, MI
48328, (248) 681-7275
Talane Coaching Co., (888) 4-TALANE, www.lifecoach.com.
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