Saying no to anything that isn’t in your direct line of fire may be difficult to do at first, but can actually be one of the smartest business decisions you make in the long run. Even if it means firing your own customers. Why? Because it frees you up to focus on your target, it allows for more space and bandwidth to grow, and makes you available for the yes’s.
Even in the Internet age a lot of people enjoy going to flea markets. To succeed in this business, you first need to be able to sell space to vendors. Then right from the first event you need to bring in enough visitors, so that your vendors are happy, and will come back again and again.
So, you start out with some stunning jewelry designs but how do you turn it into a business? One of my friends’ sisters turned her jewelry hobby into a full-time job by selling her products to a few local jewelry stores. Another woman I know built her business into a much larger enterprise…all built around a strong unifying theme. That’s the key here, success will come a lot easier if you build a distinctive overall brand, and ideally have closely matched collections within the brand.
Web developing is another specialized skill in which you can make a decent living as a freelancer. Everyone needs web assistance, and if you’ve got thetechnical know-how, you can easily start your own work-from-home web-dev online business.
Used-car salesmen unfortunately have some nasty stereotypes to live down, but you don’t need a tacky blazer or a fast-talking sales pitch to make money buying and reselling cars. People throw away perfectly good (or certainly good enough) cars all the time for all sorts of trivial issues. If you know a little something about servicing a car and can make one shine for a Craigslist ad, you could take advantage of massive opportunities to buy used cars and resell them for major profit.
While it’s incredibly difficult, and requires a big investment, to open up a new operating business, introducing clients to existing businesses is an idea that can hardly fail you, if done properly. The concept is simple – find an existing business that is looking to recruit clients, and willing to accept introductions. Most businesses will be happy with something along these lines as this sort of deal is performance based. There’s not risk on anyone’s behalf.
The other option for online sales is to simply become the eBay middleman. Millions of vendors sell their wares on the online auction house. If you can find an inexpensive source for (legally!) saleable merchandise, you can get into business.
DO think outside the box, DON’T reinvent the wheel. By understanding how a tool works, you can use its API to fit your business needs. For example, at Leverage we use Trello’s API to aggregate client information into our own dashboard to easily monitor our VA’s work all in one place.
So, I put together a free master course for you to take that spreads out all of the work involved in starting a blog, into a series of action-packed lessons. My free course breaks the entire process of starting a blog down into an incredibly simple 7-day process for going from 0 to publishing (and promoting) your first blog post in just 1 week. I can’t recommend it enough.
This is not my favorite business on this list but I feel compelled to list it because it is so popular. So why is it not my favorite? It tends be very competitive, hard work and relatively low profits. So, if you do go into this business I would do everything possible to differentiate your business and to be able to charge premium pricing.
I guess we should start with the one that I am MOST familiar with. I have been making a full-time living blogging for almost 10 years now, and it isn’t a get-rich-quick scheme, but it can definitely make you some money.
CashCrate is an online platform where you can start earning money by completing offers, taking surveys, watching videos, and shopping online using their site. Tasks pay out anywhere from a few cents to $30.00 or more. You’ll also receive $1 for just signing up for an account. Payments are made via check or PayPal.
Instead, at least for now, forget branding and unique selling propositions and all the business-identity stuff. And don’t worry about finding the perfect URL or website design or promotional literature. You’re putting those carts way before your business horse, too.
It’s one of the first ideas people have when they think of starting a business: making and selling crafts. That means there’s lots of competition. The good news, though, is that people just love crafts. But be careful. Don’t just sell anything and everything. Define a product line and choose a distribution channel (online, craft fairs, etc.), and stick with your plan. And, of course, be creative.
Similar to selling on Amazon, eBay is a place to make money selling just about anything you can think of as a side business idea, with the added excitement of using the auction selling model to sometimes get way more than you expected for that antique baseball card you picked up at a local street fair. To turn your eBay selling into a legitimate business idea, look for opportunities where you can buy in-demand products at a discount—and later sell them for a profit. Eventually, you can even take the lessons learned from your eBay store and build a full on blog or eCommerce business like what the team over at Gear Hungry has done.
Forex: High leverage investment in either currency pairs or stocks, based on Contract for Differences (meaning you don’t physically purchase any currency, stock or commodity, but earn or loss according to its movement). It’s a very quick way of investing and very retailed oriented with attractive interfaces, trading bonuses, and some companies are really flushed out and dealing with thousands of clients. XM is one of these companies and we invite you to view this XM.com’s review and sign up to a demo account.
Organize your business as a legal entity. When setting up for business you have several options in determining the structure of your business. The easiest is to simply act as a sole proprietorship where you, the business owner, are legally the business. In this case, you would use your SSN for tax identification purposes. However, if you plan to have partners or hire employees, you will need to organize your business as a separate entity like a corporation. Doing so will require you to incorporate your business with you state and obtain an employer identification number (EIN) from the IRS.
With very low overhead and a skill set that is very easy to learn, housecleaning is one of the easiest businesses to start. Depending on how much you want to grow, the income potential is pretty limitless.
Grant writing is essential for nonprofit companies looking to gather much-needed funds. Learn all you need to know about grant writing and start taking clients! You’ll be earning a living while doing good work by helping nonprofits bring in the money they need.
Wouldn’t you enjoy making kids smile and laugh? What a great way to earn some good money, especially at kids’ birthdays and Bar and Bat mitzvahs! Business will be heavily focused on weekends, so you can hold onto your day job as you build your clientele. I met a professional clown who told me that he charged $200 an hour…for that price I’ll put the clown suit on right now!
Great post. My husband has been selling used books on-line for 10 years…It’s not enough to fully support our family of 6, but it does afford us a lot of flexibility. We both work other odds and ends spot jobs and it ends up working out. We have also had the flexibility to be volunteer managers at a church camp in the summer. (Right now the camp can not afford a manager) I’m pioneering a women’s conference and event ministry. I’ve always been very greatful for the freedom we have. My husband helps at the kids schools, apointments are easy to make, and the stress is less. It’s been a sacrifice in some ways but worth the gains in time and flexibility for sure.