Drones are scorching hot right now. In fact, drone sales boomed from 224 percent in 2015 to 2016 to almost $200 million. As Susan Ward writes for The Balance, “Drones are rapidly becoming an indispensable tool in a variety of industries.” If you want to capitalize on this trend you could start a drone-based business such as sales, customization, repair, training, photography, mapping, surveying, or security surveillance.
This makes perfect sense. With how many business ideas already exist out in the world, it can be difficult to come up with the right side business idea you should be spending your time on. Especially if you’re looking for the kind of home business idea that’ll afford you immense lifestyle flexibility.
Another option is to find a virtual colleague. PivotPlanet, an online mentoring service, lets you connect with its expert advisers via one-on-one video and phone conferences. It’s designed to help shape a relationship that can evolve over a series of sessions at regular intervals or on an as-needed basis. These meetings are billed hourly at rates of $40 to $125.
I invested in a friend’s prefab home construction once and lost all of my investment when a huge downturn hit the real estate market. Nonetheless this is a powerful business concept. By doing much of the house construction process in a fully equipped, controllable environment, the building process can be much more efficient. Furthermore, by using prebuilt modules, a builder can still construct a gorgeous customized house. You can get involved in this business by building the prefab homes or modules yourself, or as a housing contractor using prefab modules.
You need to start out with a good location and you need to do some marketing to get going. This business may also end up being more work than you envision. Something will often need repair, every guest will seem to have a special request, and there will frequently be some renovation or upgrade project you will want to work on. But if you like meeting and entertaining new people, and have lots of energy, this can be good solid business.
While you might first think of parties for kids, parties for adults is a rapidly growing field. To break into this field, I would start by offering some really attractive package deals. Then I might try to upsell additional services once the parting host became more comfortable working with me, or at least on repeat engagements.
A lot of people make some really neat crafts. But to be able to make money at it, you also need to be able to price your products reasonably—and allow yourself enough money to bring your product to market. That being said, there are more markets than ever for your products! In addition to local retailers and craft fairs, you can sell them online, on your own website, or through third party sites like Etsy or EBay.
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.
It takes a very thick skin to go into this business, but debt collectors only need a telephone and a computer to work, making it a great work-at-home business. It’s also a recession-proof (or even recession-loving) business. Licensing requirements vary from state to state, so make sure you do your homework before setting up shop. Median salary: $31,300.
It turns out, he thought the process of starting a business was really complicated. “I don’t want to go through all that stuff,” he said, “unless I’m absolutely sure my idea is perfect.” Like a lot of would-be entrepreneurs, he was stalling because he was intimidated by the apparent complexity of the administrative and legal tasks involved in starting a business.
When I was promoting my job search books I started to put up advertisements on bulletin boards around local colleges. Then, seeing my advertisements people who were running bulletin board services called me, and I hired them to do the work for me instead. You can either offer your services putting up notices for clients on public bulletin boards, or you can get more sophisticated and develop proprietary bulletin boards that you get local businesses or organizations to agree to display for you. For example, you could list tourist attractions and post the bulletin board at local hotels.
What a great business. It’s like an apartment building without people, without running water, without heat and without electricity! In other words, money flowing in without the headaches! And with today’s sophisticated lock and security systems, you may be able to operate this business without any staff onsite.
If you’ve always enjoyed cooking, but don’t want to take the risk of opening a restaurant? Then why not invest in a food truck, trailer, or cart? While a food truck may get pricey, you can purchase a trailer or something like a hot dog cart for only a couple of thousand dollars.
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.
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.
Start by selling things around the house that you no longer need. With the money you raise, you can look for a niche. For example, some vendors hit rummage sales and thrift stores for cheap goods they can resell.
Pet sitting usually involves going to someone else’s house to take care of furry loved ones. Pet sitting could even involve living in someone’s house while the client is away. You have to think about the types of services you’ll provide and the types of animals you’ll take care of, but generally pet sitting is a low-cost, high-pleasure business idea.
As a personal chef, you would spend your time whipping up delicious meals for those who don’t have time to cook but do have money to burn. The best way to make a name for yourself as a personal chef is to offer meals that fit stringent dietary or allergy requirements.
If you’re able to help students with academic subjects, sign up with a website like Tutor.com. If you prefer to tutor people on a wider variety of subjects, like chess, sports, cooking, or singing, try Wysant.com.
You’ll need to see if any local or state permits are required and you must follow the U.S. Food and Drug Administration’s guidelines on pet food products. You’ll need a good recipe and a selling point that will make your tasty treats stand out from competitors.
As I’ve already covered with TeeSpring, the T-shirt retailing business is worth millions of dollars. But what if you want to do the manufacturing side of things? T-shirt printing turns out to be quite a rewarding business idea for many each year, but can quickly consume much of your side business idea time—so know what you’re getting into before diving in. This multi-billion dollar industry counts big corporate factories as well as home-based part-time entrepreneurs.
Hi. I especially like the Ebay business model, because it is so easy to start and quickly profit, Also Amazon FBA can be a very profitable business and again is very easy to start for newbies. I just recently picked up just a couple of books for less than $12 and sold them for over $80! very easily. Good luck everyone. Hope this helps.
You can make a room in your house into a photography studio, but you’ve got to get out to promote your services or do some clever marketing. Doing photography for groups (typically at their location) is one way to get going. Another is to develop a specialty (such as children’s portraits).
Tree services charge a lot of money for their services and one reason is that this can be dangerous work. A tenant of mine was injured working for his own tree service. So, think safety first. Don’t take on a job that is over your head–or don’t be afraid to ask someone more experienced to help when you need it. You can also rent lift trucks and other specialized equipment when you need it.
This year has seen a variety of simple and addictive mobile games such as Flappy Bird. These games often are often downloaded hundreds of thousands of times, creating a large profit for the creators. The most successful mobile games are free to download and then feature in-game advertisements.
Some people have no time. They may have a job that requires lots of travel or an executive position that has them working around the clock. But you can make their life easier offering personal concierge services!
Today people don’t just change jobs, they change careers. And many people changing careers want to get help from someone who can help them find their dream job—that could be you. You could get up to speed in this field by reading a number of books, and by finding some standardized tests to help analyze your clients’ skills and desires. I once published a book that just listed and described career counseling services in the Boston area.
If you are always in the gym then becoming a personal trainer could be an enjoyable and profitable business idea. People are often willing to pay a decent amount for personal training and if you get a good reputation then you could soon have a lot of clients. You may need to get qualified to become a personal trainer with a health and fitness qualification before you start.
Adobe CS6 Design: Includes Photoshop, Illustrator and InDesign, this is one of the premiere design software suites. Adobe is now also offering aCreative Cloud solution, a monthly membership service that grants members access to Adobe software.
The single most important factor in your success is your people — your partner, your advisors, your staff, your peers. All of these individuals will help you do the work to take your business to the next level. That means you don’t have to do it alone, but you do have to find the right people, and empower them, so you can harness the power and potential of their talent, skill and drive.
You will need some expertise to get going in antique refurbishment, but some skills can be learned fairly easily, such as stripping off old paint or varnish, and refinishing. I would suggest you get started refurbishing antiques for others. Eventually, you may want to buy antiques on spec and refurbish them to resell for a profit, but get to know the market before you start laying out cash for antiques.
You have an eye for clothes and know what styles look best on what body types. So turn your passion for fashion into a business by becoming a personal stylist/shopper. You’ll feel good about making others look great.