R.K.
HI S. -
I think it's great to start a business from home. If other people (not friends and family) tell you they love the stuff you make, then you have a great shot at success. And there are lots of venues to sell your work
As far as home parties, for me personally, I hate them and try to avoid them and here's why. It's a guilt trip. You are always invited by a friend, so you feel obligated to buy, and feel like a jerk if you don't. Once you show up, you are pressured to host a party of your own. On top of that, usually the items are outrageously expensive and when you cave in and decide to buy something you really don't need, just to be polite, then they slap an excessive shipping charge on top of that figure.
Having said that, obviously home parties work. There are a lot of companies that succeed selling through home parties so there must be plenty of people who DO enjoy them and love to buy that way.
Just to be fair, I am not your typical female - I hate shopping anyway and I'm really careful about what I buy. I'm not a bargain hunter, but I look for good value. Because I've always been the breadwinner of the family, and have 5 kids to feed, I live in survival mode most of the time - even when the money is good. I think women who have financial support from their husbands are much freer to shop for pleasure and enjoy buying things. And those are the women who would be your target audience, not me!
Also, I'm not sure the home party system works without multiple layers of reps. That's kind of the selling point to reps - you get reps under you and you make a piece of what they make (which is also why the items are so expensive.)
If it were me, I would try to sell my stuff online or conseign them in someone's store.
Hope that helps!