David Ramsey seems to think so. And I agree with what he says in the short video below. While he doesn’t mention home based businesses specifically, he does talk about micro businesses which are often started at home. Many businesses do get their start at home and then move on later.
One point he makes here I like is that a lot of your competitors are being sidelined by their attitude. What does he mean by that? He means that a lot your competitors and potential competitors are so caught up in the recessionary fears that they’ve ‘sidelined’ their business growth. And in doing so, they leave the door open for other entrepreneurs.