If you are looking for quick extra cash then signing up for sites like MySurvey can get you a nice side income with immediate results. You will not get rich doing surveys, but each site could net you anywhere from $30 to $100 per month. Some other popular survey sites include:
Turning your favorite craft or hobby into a revenue-generating business idea easily counts among the most fulfilling experiences anyone can have. Just take a look at what Jacob Huss of Soteria Designs is doing wit his hobby of hand-building furniture and wood jewelry. With more and more people demanding a higher degree of personalization in just about anything they own or use, count yourself lucky if your craft happens to be the creation of custom furniture. Not only is the real estate sector regaining its footing, the number of style-conscious customers is also on the rise, creating plenty of room for growth into this business idea.
I’ve seen promoters begin in this business by first promoting regular nights at established night clubs, then by working a deal with a club to have their own exclusive night, then eventually launching their own club venue.
Nearly everyone owns a smartphone these days, and accidents happen — just think of how many cracked iPhone screens you’ve seen. A smartphone repair business can save people the hassle and expense of having to buy a new phone.
If you know how to cook, it’s as easy as 1-2-3 to cook your goods and sell it to neighbors, family, and friends. If the food is good and the prices are attractive, when the clientele grows from mouth to ear, it might be the right time to open up a proper place.
This could be a lot of fun, playing store merchant every now and then, when you decide to attend a flea market. There are general flea markets to attend, plus more specialized ones. For example, being a model railroad buff, I notice the many model railroad vendors who travel to model railroad shows around the northeast, selling new or used model railroad supplies. You could make your own items to sell, trade used items, or sell new items that you buy wholesale. The options are endless.
If you love a bargain and know how to make coupons, specials, and unadvertised deals your penny-pinching pitch, then you could help others learn how to save money—and turn a profit. The Grocery Game’s Teri Gault is the most famous at-home bargain hunter turned millionaire, but you could be next.
Investment: It requires a low upfront investment — if you don’t require training. You’ll likely only need to purchase some parts and tools to get started and you can operate the business from your home.
If you can rent a truck or a trailer, you’re all set to start a hauling service. Help people get rid of all that junk that’s been piling up in the attic, the basement, the garage and out in the backyard.
Unique presents create a great gift and are in growing demand. You could create custom hand-made gift baskets for customers and provide individual gift baskets for every customer. Once again convenience is what customers are willing to pay for.
Social networks are great for small businesses to take advantage of but many of them do not have the skills required to successfully market their businesses on social networks. If you know how to use social networks such as Twitter and Facebook to successfully market a business then you could start charging for this service. This is a business that you can run from home and will require little initial start-up cost.
Creating beautiful flower arrangements can be a fun activity for anyone with an eye for design and a love of plants. And you can turn that activity into a career by selling flower arrangements and other plants that you create in your home.
Make sure you are buying items that are highly sellable, meaning that you there is a large market so you won’t have to wait years to find a buyer. And be disciplined enough only to buy items that allow you plenty of markup for resale. Specialization, or at least having most of your products fit your specialization, is highly likely to increase your chances of success.
Listen to my interview with serial entrepreneur and investor, Michele Romanow about how she built an app that earned $500,000 in 3 months (as a side business idea outside of her day job) and how she eventually sold the company to Groupon. It’s seriously incredible.
Food trucks and food carts are booming! And no wonder! They allow you to get into the food service business with a lot less overhead than a restaurant, and increasingly people are willing to buy more gourmet fare from food trucks.
Having a specialized skill set can help, especially in some businesses, but even without many skills it’s worth trying something when the risk is so low. My wife and I knew nothing about putting websites online, but grew our internet publishing business to six figures within a few years, starting with less than $100.
Ever tried to find child care on a Saturday afternoon? Unless you’ve got a standing relationship with a babysitter – and even then, it can be hard – there are few places you can count on for evening or weekend child care. Most states allow you to operate a home child care business and there’s little competition and a great need for off-hours care. Licensing requirements are different based on your state, but many don’t require a license as long as you keep below the minimum number of children.
Interested entrepreneurs can either open a franchise from an existing vending machine business or sell vending-machine friendly products to help stock up schools and offices with healthier, affordable snacks.
Instead of spending hours playing with accounting software, dreaming up potential expense and income categories, and creating fancy reports with no data, spend that time generating revenue. As long as you record everything you do now, creating a more formal system later will be fairly easy. It will also be more fun, because then you’ll have real data to enter.
Also, make sure you’re up-to-date on CPR, first aid and other emergency procedures. Then make sure your own kids are OK with sharing their home every day. Once all of that is wrapped up, go to your friends and neighbors, your kids’ teachers, your place of worship and anywhere else busy parents are looking for day-care services, and get your word out.
The best form of marketing is through your current customers. While this may seem obvious, most of us just don’t do it. We may feel uncomfortable asking existing customers for referrals or we may not realize how powerful a marketing asset this can be. But if you don’t try you won’t reap the benefits. And it’s actually quite simple to do, if you know how to present your products or services with certainty, and can go a long way towards building your business.
After our MVP was ready, we began taking on new clients, testing our pricing strategy, finding our marketing channels and really digging in to every detail of the business. All initial team members–myself included–completed tasks for clients to figure out what was working well and what needed to be improved. This gave us an inside look into how we are operating and what our clients are truly experiencing.
We have worked from home for almost 4 years now, it’s the best. No more commuting, the kids are here right after school. This is a very good article for ideas to start your own business, and live your life on your own terms!