Best Small Businesses to Start In 2008

What are the best small businesses to start in 2008. I friend asked me the other day, "what do you think is the best business to be in right now, this year"? It seemed like a funny question to me.

Does the best business in 2008 really differ from the best small business ideas of 2007. The trend spotters and trend critics always seem to have a fun time with these creative angles they take on small business and the things people are doing.

Is the "best small Business" the one most people are in or is it the newest small business idea. I hear the green business concepts talked about a lot, I hear about technology and human wellness business concepts.

The home based business industry is one of the fastest growing segments in the U.S. economy. I am in the home based business industry, to be honest I had no idea that it even was a segment in the economy until well after I became a home based entrepreneur. So why was the small
business I started the best for the me. That's simple, I knew exactly what I wanted and the business I found met the requirements.

I had spent several years building a multi-million dollar commercial construction firm and had a very clear sense of what I did not want. This is, by the way, how I arrived at what I did want. I loved to stand in a revenue flow of over 2 million dollars, that was cool. The profitability of that revenue flow in the business model I operated just seemed silly. There was a clue for me. I want to be in a high profit business. I did not want waste and I wanted to have a clearly defined core concept in business. I wasn't interested in measely profit margins, 15, 20 30 percent profits, give me a break.

I wanted to know exactly which activities were going to produce income and which activities were going to give me more time freedom. There were literally dozens of items on that list I made. I wanted to be able to help people and not have to constantly fight and be on gaurd of people stealing or being over billed or waiting on the state to recieve money that was 3-6 months over due. I wanted a sense of control of my financal future..

So At the end of the day the best small businesses of 2008 will be the same businesses that were the best in 2007. They will be the businesses that resonate with each entrepreneur in that special way that ends up with the entrepreneur saying "yep, this is it".

Quick tip for the readers: If your looking for a business to start, an opportunity to leverage, or a way to generate another income stream take the time to set yourself up for success.

Begin with the end in mind.

What do you really want: How much time do you want to spend. How much money do you want to invest, How much money to you want to earn in the first year, Does the business need to be helping people, Do you want to use the internet as a tool, Do You need to be international, Does the business need to be independant of your local economy.

Once you have a clear picture of what it is your looking for you will be much closer to The Best Small Businesses to Start in 2008.