Companies and non-profits spend a lot of money on meetings, and even when they have in-house staff they will often hire a meeting planner service. They are particularly likely to hire a meeting planner when they are planning a meeting in a distant city. To get going in this business take advantage of any contacts you have, approach local associations and businesses, and build up a strong online-presence.
Set goals. Not goals about what you “like” but about money. cold hard cash. the exact amount of money you want to earn. too many people are focused on the myth that they work at what they love. Love to earn money. Don’t love money, but seek to love to earn it and you will see that you will earn it.
When I used to work at CreativeLive, I regularly paid $250-$500 (or even much more depending upon audience size) per episode for 90 seconds worth of advertisements on relevant podcasts like The Tim Ferriss Show, the #1 business podcast right now from the 4-Hour Workweek author, Tim Ferriss. The podcast has even helped Tim launch his latest New York Times bestseller, Tools of Titans to a wider readership.
Naturally, it helps if you already have an online audience you can tap for listening to your regular podcast (like I did), but that hasn’t stopped thousands of people from building successful side business ideas into lucrative podcasts—including Alex Blumberg, founder of Gimlet Media who teaches how to use storytelling and launch a podcast. You can also check out this class from podcaster and entrepreneur, Lewis Howes, about how to make money podcasting as a side business idea, which regularly broadcasts for free on CreativeLive.
Figure out if you can make this business profitable. How much will people pay for your services? Can you make a good income off this? Many people see astronomical numbers in their future until they take the time to determine their profits. Be sure to consider how much time you can reasonably commit to your business and how much profit you can get back for your time and investment money. In some cases, a great business idea in theory can in reality be unprofitable.
Bob, any ideas on how to become rich instantly, that requires zero effort on my part and something that’s guaranteed???? haha, just kidding. thanks for these ideas. I’m going to share them with a few friends who are currently unemployed.
Being a clown for kids’ birthday parties and similar events can be a fun job if you enjoy entertaining and working with children. You’ll, of course, need to leave your home for the actual events. But you can do the booking and prep work from home.
If you’re a business owner, you know what’s at stake and how much risk is involved in running a company. But how do you handle the fear of failure? Where do you go for advice and guidance? That’s why finding a peer community is so important. Not only can this provide a confidential atmosphere where you can find support and valuable insight, it can be instrumental in the process of learning the most efficient and effective ways of taking your business to the next level.
Great insight Steve! As someone pointed out above, with so many options to start for such little money, most people really have no excuse. Some of the online related businesses are ones I intend to try just for the fun of it.
We started and eBay business selling our old stuff when she moved from California, just before we were married. We didn’t intend that it would become a full-time occupation, but it’s been a worthwhile business so far.
My name is Bob Adams. I have started dozens of businesses and made millions of dollars. I also have an MBA from Harvard Business School. I have run not just lots of businesses, but also many types of businesses, including a number of very small businesses that I ran before going to business school.
You may love exploring all the fun corners of your hometown, but it might not occur to you to make that hobby a business. This is an especially good idea if you can offer themed tours or other niche tours. Median salary: $23,620.
Everyone wants a clean house, but many people don’t have the time or desire to do it themselves (most of us are just waiting for Roombas to become more affordable while we drown in dust). Starting your own housecleaning service is another great home-business idea, although of course this job requires travel and can’t strictly be done from home-you’ll mostly be in other people’s homes.
One of the challenges of running a home bakery will be finding customers. That basically means going out and selling your products to stores, restaurants, cafeterias, caterers or anyone else. You want to find customers that you can service on an on-going basis and that you won’t have to travel too far to reach. You may want to canvas potential resellers even before you decide what products you plan to be baking.
There are thousands of online users who work from home and make an internet living creating YouTube videos. In fact, PewDiePie, YouTube’s most famous online celeb, makes millions a year with his wildly ridiculous videogame playthroughs.
Keeping our kids safe is so important, but the details of how to do so can be confusing. A professional child proofing business is inexpensive to start up, but there may be state regulations to follow. It’s also a good idea to apprentice with a child proofer in order to learn the business.
Opening a business from home is a great strategy for entrepreneurial-minded individuals. There are tons of ideas for home-based businesses that operate online, allowing you to create a thriving internet business from your living room couch.
In my experience, one of the greatest challenges people face is deciding why they are starting a business, what they hope to accomplish and what they really want to do. Starting a business, particularly from home, sounds glamorous and free but, in reality, it can put a strain on home life if not done right. People I talk to often need help decision-making which is an essential quality in running a business.
Interior room painting or wallpapering lends itself to part time work better than exterior house painting. Often a home owner wants just one room done. And you are not weather dependent—so you know you will be able to get a job done on Saturday for example, come rain or shine. As your experience grows you can charge a lot of money for quality interior painting and wallpapering.
While most direct sales and internet business opportunities have a small startup fee, there are a few that do not. Each company allows you to set up shop online for FREE. Then for each item that is sold through your shop, you’ll earn a specified commission.
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!
Maybe it is just me, but I feel like I have had way too many experiences with mechanics not be truthful with me that I would gladly pay more and give all my business to an honest one. If you know your way around a car and have a few tools, this could be a great business idea for you.
It seems that just about every business I’ve been involved in hires home-based editors, who work on a freelance basis and set their own hours. Generally, this work falls into three categories: 1) Developmental editing or making highly substantive changes; 2) Copy editing or wording and grammar improvements; 3) Proof reading. Many editors specialize in one aspect of editing, others cover them all. You may further specialize such as in technical document editing.
Some claim a lot of people are interested in the idea of blogging as a business. May somebody please explain if this is a viable home based business, and how much can you realistically bring in based on an hourly rate… bottom line after all you have to put into it!?
You can succeed with a specialty food store but it is tricky. You must be ruthless in your research, in both what the market can support, and which competitors currently have overlapping offerings. I would also look at what specialty food stores have succeeded in nearby markets.
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.
It’s easier than ever to find a trend and turn it into a full-on entrepreneurial venture. Channel your passions and skills to leverage a professional opportunity in the new year. Here are 12 great business ideas for 2018.
Having previous SEO experience, a blogging or editing background, strong communication skills and experience using Google Analytics are desirable. If you have these skills but lack experience, taking online courses is an option. Examples of your successful work and references can help you gain new clients.
Find an audience for your passion or hobby and you’re all set to monetize something you love via a niche website as a side business idea. That of course, is easier said than done, something not intended for the faint of heart. Prepare to invest a lot of your time, but if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it.