Evaluate your talents. Keep in mind, there is a huge difference between talents and things you enjoy. Just because you enjoy something does not mean you can turn it into a business. Think about your skills, or the hobbies that you do better than anyone else. Your business can also be based off of a professional skill you’ve developed or been educated in.
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.
Starting your own business is a good thing but getting it to run and become profitable can difficult and challenging. I have a mobile app in both Googlestore and Itunes, and am struggling to get downloads as I have not done enough marketing. Its a services marketplace app which will actually be competing with big and established names. I do not know how to market and promote the app, would need professional help and appreciate any advice.
People often need help planning events, from fundraisers to graduations. If you enjoy making plans and working with a variety of different clients, this is a job you can do mainly from home, though you may have to meet with clients at event locations from time to time.
This is basically an employment temp service, but you may be “leasing out” employees for longer stints of time. The advantage to the customer is that they don’t have to get involved in sourcing, screening and qualifying candidates, and importantly, they are not responsible for employment taxes, withholding and reporting. To succeed at this business, you need a strong ability to sell your services and place employees. This can be a “messy” business with employees coming and going, tax filing requirements, and customers to please. However, the upside is unlimited, some employee leasing firms have grown into mammoth enterprises!
The only thing better than the smell of grandma’s chocolate-chip cookie recipe baking in the oven is watching cash roll in as customers order those delectable treats. Home baking is an approachable business idea in that it involves doing what you’re probably doing a lot of, anyway, if you love to bake. You probably have all the equipment and expertise you need to get started.
Teaching piano (or guitar or violin or singing) lessons out of your house is a well-established way for stay-at-home spouses to make a little extra cash. If Lois Griffin can do it, so can any musically minded entrepreneur.
You can put a big sign on top of your truck or pull it around on a trailer. This is particularly powerful for local businesses because you can offer pinpoint marketing—driving around the same business block for example. You could also offer a service to hire people to agree to have a commercial sign mounted on their cars as they drive around town doing their usual thing. For example, a Boston radio station arranged to have hundreds of small VWs to be painted with their logos, paying each car owner a monthly stipend. How big can this business go? Well CNN/Turner Broadcasting founder Ted Turner made his initial money in the billboard business!
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.
I view a café as positioned somewhere between a sandwich shop and full service gourmet restaurant. You will be cooking a lot of items but not everything, and your dining space will be simpler than a fancy dinner spot. So, you save money on buildout both in the kitchen, the equipment and the dining space. And you won’t need as expensive a chef as you would for a full-service restaurant. Furthermore, if you choose your location well you could have a good lunch business, as well as a dinner time business, and you could do fine in the late afternoon time slot too. Then of course you could offer breakfast as well and really fill in your day!
I’ve rented boats and bicycles and this can be a decent business. For canoes, you don’t need a waterfront location. You can rent canoes from a highly-trafficked location on the side of the road, and then provide roof racks for your customers’ cars.
If you’re running a small business out of your home, you may need tax registrations, business and occupational licenses, and permits from state and local governments in order to operate legally. Check to see that your homeowner’s association is OK with the idea. It might have restrictions.
Learn about employment laws. If you plan to hire employees or contract workers as part of your home based business, you will need to know how to navigate labor laws. These include, but are not limited to, minimum wage, overtime pay, required benefits, and other fair compensation regulations. It’s best to hire legal counsel to make sure that you do not run afoul of these regulations.
While I’m not an advocate of selling yourself short or devaluing your worth, there is a time and a place for freelance job sites. These sites are job boards for freelancers and businesses; it is a place to connect, shop around, and most importantly get some money into your pocket. While many of these sites may offer smaller payouts, they are a great place to gain experience and build up your portfolio.
Love shopping? You can offer your services as a mystery shopper, evaluating the service and needs of various stores in your area. Though this often requires actually visiting stores, you can do much of the administrative work from home.
I launched my first AdSense supported website a little over three years ago. Today it brings in as much as my full-time job. It didn’t happen overnight, and it didn’t happen without a lot of hard work (about four hours a day for three years), but it did happen.
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But before you can graduate from side business idea and start earning a full-time living as a graphic designer, you’ll need to build your skills—I recommend starting with reading the foundational book Graphic Design School and Steal Like an Artist, the incredible book by Austin Kleon about how to become more creative. To accelerate your education in becoming a graphic designer even quicker, check out the online courses Graphic Design Fundamentals and The Graphic Design Bootcamp.
A few years ago, I overheard a conversation in a gym about a fellow who was planning on starting an Irish pub, of which there are close to million (well almost a million) in Boston, but then changed his mind and opened a pub focusing on craft beers. It was wildly successful! In addition to being a unique idea at the time, he also chose an excellent location and developed a solid food menu. Unless your overhead is extremely low, you are probably going to need to serve food to make a go of this business, so yes you can be extremely successful–but it is no small undertaking.
Whether you’re making onesies and quilts for sale online or at local markets or doing repairs and alterations for locals with ill-fitting clothes, your sewing machine could be your ticket to a work-from-home business.
If there are big names out there who already offer the same app as you, you are out of luck. The best hope is to be first to market with a new idea. If your app has any uniqur features, especially if you have some form of copyright protrction or patent, the that feature to the big guys amd perhaps they will add it to their app and pay you for the idea.
If you have extensive experience in a highly valued field, consider starting your own consulting business. Outside businesses often look to consultants to help and guide them, rather than hire someone in-house. Popular consultants include those for cybersecurity, finance, accounting, and graphic design.
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.
You can power wash houses, commercial buildings, driveways, patios, motor vehicles and more. You will need to be registered, probably have to post a bond, and there may be environmental issues because of the water usage. This is a business you will want to learn carefully. But the upside is that there are many potential markets for your services.
Because I am just a little bit techie, I get asked to video record weddings all the time. If video or photography are up your alley, starting a wedding photography business could be a great idea for you. If doing weddings aren’t your thing, there are other ways you can make money as a photographer as well.
The reason we were able to grow quickly in a year with no funding was largely due to our ability to automate tasks. This helped us save time and create an efficient business right off the bat. Using tools like Zapier and Process Street to automate tasks like webinar reminders or even your entire hiring process can save you hours every week and let you focus on the most important aspects of your business. Even if it’s a small task that takes you one minute a day–the sum of all those tasks at the end of the year equals BIG time savings.
One of the neat things about becoming a consultant is that you DON’T need a pile of cash to start a consulting business. For example, you can create a professional website for under $100–typically in an evening (I have a free ebook that shows you exactly how to do this, even if you’re not a techie).
Think blogging is no longer a viable source of income? Think again. Tens of thousands of bloggers (including yours truly) are creating profitable content on topics as diverse as scrapbooking, home cooking, travel, film, lifestyle, business, personal finance and more. And we’re growing our blogs into six-figure businesses thanks to a combination of email subscribers, affiliate marketing, blog sponsorships, and other revenue streams. Your first step with starting a blog is quickly getting the technical side of things handled (my free master course on blogging will show you how), and then both understanding what your audience craves and learning how to attract those readers online.
Gardening is really big. Many people like to do their own gardening but they can use a little bit of help! That’s where you come in! Maybe you specialize in flower gardens or vegetable gardens, or even something more exotic. You will need solid expertise, but you will find a clientele willing to pay for it.
Focus on your strengths, skills and experience. You can perform at a higher level earlier on if there’s less of a learning curve. And starting a business that you have passion for gives you a better shot at success and lowers the chances of burnout. A detailed business plan will help, too.
I recently started working as a dance instructor from home and it has been wonderful! I have never thought that this would be my job. My advice is – always follow your dreams. Hard work pays off eventually!
I’m contacting you as a friend/possible associate . I read your breif and mine is very similar . I’m near retirement age , but will need some additional income to live comfortable . I beleive in the power of multiple minds .
One of my friends developed a great retail business with several small gift locations inside of shopping malls. She taught herself to make mouth-watering candy by practicing up in her kitchen. Most of her candy she made herself, but she did compliment her offerings with a few products she bought wholesale.
Wedding photographers command premium rates. After all, you are capturing one of a couple’s most important life moments, making it a very lucrative side business idea. Many professional wedding photographers charge between $2,500 – $10,000 (or more) to shoot a wedding, so it’s realistic that this side business idea could quickly blossom into becoming a full-time endeavor with the right happy clientele base that’s willing to refer you to their friends and family. Check out the Complete Wedding Photography Experience over on CreativeLive to get up to speed on everything you need to launch a successful wedding photography business.
Many people give up on their faulty laptops, mobile phones, or cameras without even looking into the cause of their malfunctions. If you have the skills to fix them, consider pursuing this side business idea of refurbishing and reselling used electronics in your free time.
It’s not exactly a way to make consistent great money, but housesitting—exactly what it sounds like—is a fantastically easy business idea that can fund your ability to live in exciting locales around the world (or your city) without paying a dime in rent. Did I mention it’s a way to travel and live rent free? Here’s a list of four great websites from the legendary Nomadic Matt, to start your housesitting side business idea search.
Users of smartphones and tablets are always damaging the screens. Sometimes just a single drop can be enough to crack a screen. Many devices require special tools to replace screens and so most people need to turn to a screen repair business. You could charge customers for your labour and there would be little costs after the initial set-up costs.
Putting on a little weight, let the suit out. Losing a little weight, pull it back in. Then those new pants never seem to come in my short size, so they need to go to the tailor too! You might not be able to live at Trump Tower, but you should have a good steady income as a tailor.
To create a successful virtual assistant company, I knew we would need a “techie” to manage the platforms, a “connector” to connect us with the right clients, and a few trusty team members ready to get their hands dirty and take on any project thrown their way. Every team member was tasked with becoming an expert in the productivity space by testing other VA companies and learning the latest tools.
Software: If you haven’t already, invest in the latest version of Microsoft Office. This is the most common business software on the market today, so chances are you’ll have no trouble reading or editing files and documents clients send to you and vice versa.
My father spent year after year remodeling our basement—and I’m glad he did because that’s where I located my model railroad! However, a lot of homeowners aren’t willing to invest the huge amount of time it takes a novice to remodel their basement—that’s where you come in! Remodel your own basement, put together a website with the before and after photos, and hang out your shingle!
When a bank forecloses on a home they always have to hire a business to clean the place out. Sometimes this can be really dirty, both physically and emotionally, but it’s an overlooked and profitable business idea.
With many websites getting the majority of their traffic from search engine results, it is no wonder that the demand is huge for SEO specialists. Sure, the days of playing “black hat” tricks on search engines are long gone, but there are many legitimate levers you can pull to help bring web pages to the first page of search engine results.
But I want you to get MORE, whatever that means to you. It doesn’t matter if you want to eat at a $225-a-person restaurant, or take your nieces and nephews to an amazing day at the zoo, or pay off your parents’ debt. You define what MORE means to you.
See what buyers are paying, and then offer half of that or less. The big margins are in textbooks, but online buyers accept many types of used books, and often pay for shipping with a printable label.
If you’ve already created a successful business then you can pass that knowledge along to someone else for a fee – such as market research, business plan narrative, and financial statements. New business owners are more than willing to pay a someone who has successfully started a business to help guide them in developing their own successful business plan.
To get started in fence installation I would first offer fence repair services. I think a lot people like me first try to repair their aging fence a few times before totally replacing it. This is a good niche business.
Fiverr is a great place for first-time freelancers who might not have tons of experience and want to build up a portfolio of their work. You’ll be able to complete simple tasks ranging from logo design, to creating animations, or even drawing a company logo on your forehead. While this side business idea likely won’t be growing into a million dollar startup for you, it can still be a platform for funding your next big business idea. Want to learn more about Fiverr’s history and how to get the most out of selling on the platform? Listen to my interview with Fiverr CEO Micha Kaufman.
Can you recommend anyone that would be interested in me …I work with my hubby side by side doing these envelopes and we never let anyone down ..The pay is cheap but because we both are so good at it and want to do it we never complain because by the time we are done with the job we have done so many it pays well enough for us.