Hi Chelle - coming up with the right idea is just the beginning.
Some things to consider include what are you interested in? What do you have access to? Who do you have access to that could help you? What are you good at? What do you know a lot about? What do you want to know a lot more about? Sometimes it's hard to answer these questions ourselves, so ask some close friends. That might give you a general idea for where you could head and then do some considerable research into it to find out who your competitors are (both direct and indirect) and take it from there.
Other questions to consider if you're going to take the business a bit more seriously include - how many hours per week are you willing & able to commit to the business? How much money do you want to make? How many sales do you need to make that money? How much are people willing to pay for it. Can you do that within the time frame you've allocated? How are you going to distribute the products? What will you do if the product is faulty? What unique selling point are you going to offer? How will you market it? And that's just the beginning!
Selling on eBay is one option and probably a great starting point - but you still need to consider how you're going to get your product noticed by people and how you're going to 'sell' it to them, especially if it's something new.
Ultimately, it comes down to how serious you're going to take the business. If it's just a trial and error thing that you're not too serious about, ignore the above
I have a home-based part-time business that I run with my husband. It took about a year to get it off the ground and two years to get it to a point where we're comfortable with the 'extra' income and the level of effort we have to put in to achieve that income. It has been incredibly stressful at times, particularly when cash flow was tight and things went wrong that cost us stacks to rectify.
So while I don't have the right product for you, I wish you nothing but fun and success
I'm sure you'll come up with something. Start small, test the waters and build from there.
Just keep moving! And don't be lazy...
SW: 74.3kg - 1/1/09
CW: 71.1kg - 3/5/09