Starting a Home Business – Should It Be Part of Your Prepping Strategy?

The answer seems obvious, doesn’t it? After all, who doesn’t want to be more independent financially?

But starting a business from home isn’t as easy as some try to make it out to be. I wouldn’t be surprised to hear the statistic still holds that something on the order of 98% of small business start-ups fail. Count me among that number.

Nonetheless, if being self reliant is the direction you’re heading, you’ve considered starting a home business. But should it indeed be part of your prepping strategy?

An article in the November/December 2014, (#150) issue of “Backwoods Home Magazine” gives excellent advice from someone who has started a home business and knows the ropes. Patrice Lewis tells how she and her husband did it.

To start with, you must have three things…

  • Passion
  • Niche
  • Marketability

All three are necessary. Think of it as three legs to a stool. Pull one out, and the whole thing comes down.

Networking–connecting with others–is a critical element to success as well.

There’s another piece of advice Patrice Lewis gives which shouldn’t be overlooked. Don’t quit your day job. Of course, that’s assuming you still have one.

But you need more guidance than this brief summary to go on. Click the link below the article excerpt to read the whole thing.

Turn your passion
into a business

By Patrice Lewis

In 1993, my husband and I did something most people merely dream about: we chucked our professional nine-to-five jobs, left urban California, and settled in a rural home in southwestern Oregon. Unable to find work in our fields, we began a home woodcraft business. For the past 21 years (and a subsequent relocation to north Idaho), that woodcraft business has been virtually our sole source of support. It hasn’t made us rich, but it’s allowed us to live our dream of homesteading.

After many questions and inquiries about starting a home craft business, it gradually occurred to me that the operative word in this subject is home, not craft. In other words, it’s the fact that we work at home which spurred more interest than making our particular craft.

Read the whole article here:

Excerpt used with permission of Backwoods Home Magazine. (541)247-8900.


Author: John Wesley Smith

John Wesley Smith writes and podcasts from his home in Central Missouri. His goal is to help preppers as he continues along his own preparedness journey.