Build your own social following and create a personal brand for yourself like Matt Nelson, founder of WeRateDogs has done (thus growing his following to more than 2.8 Million people), and countless opportunities will come your way for turning this side business idea into a full-time business.
If you don’t mind doing other people’s chores, then TaskRabbit may be the right side business idea for you. Earn a little side money doing odd jobs like walking your neighbor’s dog or mowing Mr. Smith’s lawn. Running errands not your style? Tell that to the top taskers on the portal who reportedly earn as much as $7000 a month, making this a full-time business idea for some.
Maybe you’re looking to supplement your full-time income with a side business. Or perhaps you’re finished with the 9-to-5 and ready to be your own boss. In either case, coming up with a killer small-business idea is the first step on the path to entrepreneurship.
Home Occupation Permit. Many city or county governments require home-based businesses to have a “Home Occupation Permit.” These permits are designed to prevent a business from adding significant traffic, noise or other environmental conditions such as dust or odors that would interfere with the surrounding homeowners’ use and enjoyment of their property. As a result, most local ordinances describe the types of home-based occupations or businesses are permitted and the limitations imposed on the operations. These restrictions often include: the amount of space that can be used within the home; the number of clients or customers that can visit the home each day; the number of vehicles that can be at the home; the modifications that can be made to the property; and, the number of employees the business can have.
There are at least three teenage entrepreneurs who’ve already earned astonishing amounts of money by launching hand-made jewelry business ideas: M3 Girl Designs’ Maddie Bradshaw, Bella Weems of Origami Owl, and the girl behind DesignedByLei. With the industry set to shine in the near term via a brisk annual growth rate of 5-6%, the market is ripe for new entrants to this business idea who can offer sparkling new takes on how to craft appealing handmade goods.
As your business evolves, so will these procedures. Once it’s time to hire, this will make the transition easier, keep you organized and prevent you from scrambling to figure out what works all over again while in the middle of boarding on someone new.
Don’t forget good ‘ol lawncare or landscaping. As we become more and more acquainted to the air-conditioned lifestyle more people are going to want to pay someone to do landscaping. If you like to sweat this one may be for you.
I would only recommend trading a collectible that you really love! If you are dealing with your favorite collectible, the work will be more enjoyable, it will be easier to increase your expertise, and you will be much more likely to be successful. The online options today allow you to specialize much more deeply than in the past because you can reach a global market. So, within your favorite collectible space, find a particular niche or two and focus sharply on it.
If you love kids—really, really love kids—starting a home-based day-care center could be a viable option. Just make sure you do your homework regarding zoning laws, background checks and other regulations.
To succeed at this business, I would carefully perfect a few interesting smoothies drinks. Then I would search hard for a location with very high foot traffic location. I would much rather have a tiny location with lots of traffic and high rent per square foot, than a much larger location with the same total rent but less traffic.
Kids are your future customers, so gaining their loyalty now isn’t a bad idea. According to Common Sense Media, three-quarters of kids have access to a mobile device. This spells a big business opportunity for anyone who can create products or design apps just for kids. And, if they also happen to be educational or promote good health, you’ll win their parents over, too.
By using a site like Flippa you can purchase a website, build-it-up, and sell it for a pretty penny. Sounds silly, but it’s actually become a lucrative business.Personally I’ve been able to earn an additional $25-$30k flipping websites each year on the side. Just imagine if I did that full-time!
Potential challenges: It’s a seasonal type of business, as wedding bookings are likely to slow down in the winter — though this depends on where you live. As a result, you may need to get creative when it comes to stretching your earnings throughout the year.
If your social media postings develop a large enough, or a specialized enough, following you may be able to earn money as a social media influencer. There are social media influencer platforms you can get listed on, and there are advertising companies hired specifically to promote company brands via social media influencers.
Part of the immediate profitability came from the way we hired. Instead of taking on full-time employees, it was quicker and more cost effective to find talented freelancers. This took a lot of the risk off of our shoulders and also connected us to talent around the world.
It doesn’t happen overnight, but licensing a foreign product for sale domestically, can be a lucrative business idea that (at times) leads to a big payoff down the road. Invest intelligently, sell a product you believe in, and you can reap the rewards for years to come.
There’s a lot of money out there in grants, but writing grant proposals can take a lot of time, especially if you are not experienced at it. Like so many other fields, specialization will help get business, and it will allow you to charge much higher fees. And, as you build a track record of successfully securing grants, you will also be able to charge more.
With more websites now using WordPress as a content management system, there is a demand for fresh new WordPress themes.If you are good at designing and coding then you could start to create and sell your own WordPress themes. As they are a digital product, you can create them once and then make a profit for every single sale. There are numerous marketplaces such as Themeforest where you can sell your themes.
While anyone can check an aggregator site for the best price to fly to Saint Louis, planning a more elaborate trip might be too much for some travelers. This is where a travel planner comes in, using his skills to find the best trip—including flight, accommodation, rental car, and tours—for the budget.
Obviously, I’m a huge advocate for starting your own monetized blog. However, it does become a bit tricky when you’re trying to do it for free. First, you have two options for getting started – you can either use the free WordPress option or Blogger which is a commercial free platform. Both have similar features regarding functionality and design, and both can be monetized, but only through their respective ad networks.
Research continues to prove that mobile apps or mobile Web browsers .are a must for businesses of all kinds. But most don’t have the in-house teams to create them. Smaller companies also don’t have the budget to hire an expensive firm to create their apps. A freelance app designer who works from home could specialize in creating apps for one or two industries and build a strong following.
This is good specialized business with a specific, clearly defined market to target. Until you have started to gain momentum you might want to find someone you can rent a horse trailer from on an as-needed basis. Then buy your own trailer after you start to build your customer base.
Do I need to tell my mortgage lender? Residential mortgages usually prohibit using the property for a business, so you need to check the terms of your mortgage and if necessary, ask for consent from the lender. Breaching your mortgage could risk the loan being terminated and being repayable immediately.
Of course, you can’t compete with mass-manufactured soaps, so you’ll want to make specialty products. Finding a new scent or creative approach to packaging and marketing will help. You can sell to friends initially, or invest in a booth at a flea market or craft show.
While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own. An increasingly easy-to-use Adobe Illustrator and even more easily accessible tools like Stencil and Visme are making it so that just about anyone with two opposable thumbs, a bit of creativity, and motivation can earn a side income doing things like designing (and selling) images like these motivational quotes that can be printed onto posters and sold on platforms like Etsy. Or you can find a local startup, small business owner, or photographer who could benefit from some extra help designing or altering images.
Writer, side project aficionado, and part-time entrepreneur. Join me here, on ryrob.com and learn how to start a business while working full-time. Let’s chat on Twitter about business and side projects.
Blogging isn’t just a fun online activity to feed our narcissistic tendencies-it’s also a clever internet business idea. A quality blog with a loyal audience can earn decent dough by partnering with advertisers, whether through Google AdWords, affiliate partners, or through sponsored blog posts.
Like graphic design, Web design requires skills that can take years to acquire and perfect. But if you have them, the market is there for creating attractive, useful Web sites for all sorts of organizations. Starting a Web-design business does require some up-front investment, particularly in software, although candidates to start Web-design firms might have those applications already.
Working solo can be isolating. Sometimes you’ll need a professional to tap for some advice. Look for a mentor among your industry connections. This relationship can take time to build, but it’s worth it.
The region in which a small business is located also affects the average income of its owners. A report issued by PayScale indicated that entrepreneurs employed on the coasts earn more than their counterparts in the South and Midwest. Entrepreneurs in New York, for example, earned a median yearly salary upwards of $125,185, while those in Georgia top out at $75,500.
Whao! Mr Bob, really am blown away. You know, people say nothing comes free, but you have generously broken that law with all these ideas you freely give. I can’t but say that i am grateful. Particular about idea number 4,6 & 7. I read your article on how to make money by blogging and really , freely giving out all those steps is very generous of you sir becausei know poeple who sell almost every informatiomn they have. The first time i heard about blogging was around 3months ago while discussing with a friend about my first christian book, but your article has really openned me to a whole new world around blogging. I really don’t know how else to show my appreciate because you have freely given me keys to financial independence and i will surely come back to share my testimonies. Thank you somuch sir, your latter will be far greater than your past
Who actually enjoys packing-up for a move? I don’t. And, if you’re like me, I was more than willing to hire someone to pack and load my belongings. Since you don’t need to purchase anything other than boxes and tape, which will be included in your final price, there isn’t much of an overhead to start.In addition to, or as a separate business idea, you can also start a moving company. Purchasing a truck may be pricey, but you could start by investing in a truck and trailer and moving larger items locally, like when someone just bought a new fridge or moved across town.
Note that many of these ideas could have been listed in more than the single category I placed them in. But I thought it would easier and more interesting for you, if I only listed each business once.
From personal experience as a freelance content marketer, I can vouch for the profitability in this industry. I grew my side hustle into a $160,000/yr business before quitting my day job to pursue this business idea full-time; all you need is the right skills and experience to back it up. With startups, established brands, and even notable influencers needing to build credibility and grow their brands, professionals who can serve up compelling content enjoy a huge demand for their services. And, since brands will always need high quality content to bring in new customers, your skills will always remain an asset to invest in—especially since the nature of creating a content marketing strategy is an ever-evolving one. Start by tapping into your existing network with this business idea and begin tracking down local small business owners who could benefit from your marketing tactics, do a bang up job, ask for referrals and grow from there to the point where you’re doing blogger outreach and spreading out to a wider market.
You can sell whatever you want on eBay and make profit. You need to find the right niche, build yourself reputation, and learn the system, but generally speaking if you buy in bulks, through eBay or through someplace else, and sell every piece of the bulk for a higher price, you will eventually make money. It’s not difficult to make money, the difficulty is to make enough money and sustain a proper cash flow line to be able to buy stock, and make a living at the end of the month.
Like it or not, people tend to judge you instantly on that first impression! That’s why so many executives and business owners consider hiring an image consultant. If you have a good sense of dress and appearance, this could be a good niche business for you!