First find a niche market that has money to spend.

It's a lot easier said than done, but there are a ton of places online where you can do your market research for free. They've done most of the work for you already. You just need to know where to go and what to do to make it all happen and make you money from home.

Lycos Top 50 - http://50.lycos.com

The Lycos Top 50 is another site, like Google Zeitgeist, where you will review the latest trends and look for hot topics to explore further. You can also look at Yahoo! Buzz for ideas as well (see below).

Yahoo! Buzz - http://buzz.yahoo.com

eBay Pulse – http://pulse.ebay.com

The eBay Pulse site is a great place to start looking at sub-niches. What you will do is select the category first (using the topics you’ve gathered from looking at the previous sites), then look for profitable sub-niches by then selecting a sub-category. The best chance for success is if I am as specific as possible with your niche selection.