Part time business ideas for 2011

[Ar54ad]

Hi there

I am 19 yrs old i am currently employed. Right i have always dreamt on starting my own business and now is the time i think is right, because in this bad economic state i am starting part time like any other start up i have loads of free time in my hand i have roughly about £5k to play with.

BUT I DONT HAVE A IDEA!!!!

I have been researching researching but i cant really find any thing small to start with.

My hobbies are
Business
Sports
Cars
Video Games

So i was wondering if you lovley people could please help me out.

btw can i also have some tips/advice aswell for start up please?

Kind Regards

Ar54ad

[kevinkllewis]

Ar54ad, the easiest method I have ever seen for generating business ideas is to think of something that you absolutely love to do. Something that you would do over and over again without charging a person one dime for it. Once you have found that, find ways to turn that into a business. For example, if you like to cook start your own catering business. If you like making music, sell some of your beats online. Doing what you love to do and are passionate about ensures you will be successful because you will continue working on it no matter how much money you make.

By the way, I have an entrepreneurship course online that could help you tremendously! Check it out when you get a chance.
Entrepreneurship Training | Lewis Education Group |Training for Entrepreneurs | Entrepreneurship Training

[713itsolutions]

Hi Ar54ad,
My ideas come to me at any time of the day.. no matter what i'm doing. But i noticed i think of most of my ideas while relaxing or on vacation.

The problem i have is that i have alot of ideas; but little time or executing power to see my ideas developed and completed into a successful business.
Thanks,
Tony

[napoleonwill]

Certain types of businesses stand out to me. Most businesses are not good money makers. Opening up a new restaurant is not the best business idea. Most people try to open the same types of businesses which oversaturates the market and makes profit margins smaller. Finding a niche market where few businesses exists but there are many customers. The business itself does not matter much. As long as it has good business dynamics. Ie can make money.

[flintheart]

Yeah make your hobby as your business. Like if you have interest in video games then you can make a website with lots of video games and also facility of online playing. Although there are lots of websites currently providing this facility but you have to think something different that can attract users to your website.
Just think about your niche in your free time and try to make plans for it. Once you are done with the planning part, you can start executing them. So take your time and think about your business.