Why You Need to Invest in a Home-Based Business

According to Forbes Magazine, over 50% of all small businesses started are home-based and partially due to the power of the internet, it has never been easier to launch a home-business.  This is because the internet is a virtual 24/7 audience for your products and services that never sleeps.  While a primary reason to launch some type of home business enterprise is the ease with which one can be started, the most important reason is really "lifestyle" and your ability to leave the shackled world of the under-appreciated employee and make a better living doing something you truly enjoy.

10 Famous Companies Started From a Garage

While your goal as an entrepreneur may not be to build an empire, you really never can tell where a home-based enterprise will take you.  Below are just a few small businesses started from a garage.

  • AMAZON:  Stared as an online bookstore by Jeff Bezos in 1994 and operated entirely from his garage in Bellevue, WA.  He sold his first book in July of 1995 and went public two years later.
  • APPLE:  Steve Jobs and Steve Wozniak started Apple buy landing an order for 50 "spec" home-built computers from a local retailer.  The 50 Apple 1 computers were assembled in a garage in Cupertino, CA.
  • DISNEY:  The first Disney studio was operated from a one-car garage owned by Walt Disney's uncle, Robert Disney.  It is from there that Walt and his brother Roy made the first "Alice Comedies" 
  • GOOGLE:  Larry Page and Sergey Brin started Google in a garage owned by Susan Wojcicki in September of 1998.  Google is now the most trafficked website in the world.
  • HARLEY-DAVIDSON: William Harley and Arthur Davidson built their first motorized bicycles out of a friends 10 x 15 shed in Milwaukee, WI.  Their company, Harley-Davidson, is now the most recognized motorcycle brand in the world.
  • HEWLETT-PACKARD:  Bill Hewlett and Dave Packard started HP in 1939 in a Palo Alto, CA garage  with an initial investment of just $538.  Their first product was an audio oscillator.   HP is today one of the largest companies in the world.  
  • LOTUS CARS:  Colin Chapman launched Lotus Cars from a stable in 1948 building his first racecar using a vintage Austin Seven and a power drill.  Today, Lotus is one of the premier specialty exotic car builders in the world.
  • MAGLITE:  Working small jobs in the 1950's, Croatian immigrant Tony Maglica managed to save $125 to buy tools to manufacture precision parts from a garage in Los Angeles, CA.  He incorporated Mag Instrument in 1974 and produced his first flashlight in 1979.  Today, mag flashlights are standard issue to police officers throughout the U.S.  
  • MATTEL:  Harold Mattson and Elliott Handler began Mattel as a picture frame manufacturer from a garage in Southern California.  Today, Mattel is the highest grossing toy company in the world.
  • YANKEE CANDLE COMPANY:  Sixteen year old Michael Kittredge began making scented candles from melted crayons as a gift to his mother.  when neighbors began placing orders for his candles, he began "mass producing" them from his parent's garage.  Today, Yankee Candle Company is the largest manufacturer of scented candles in the U.S.