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Unemployed workers can gain the satisfaction of being productive by putting their skills to work in a home-based business that helps defray living expenses while they search for work. The search becomes the “job” and the business becomes their moonlight activity which can include family members. A family working together during difficult times will create bonds that will last for lifetimes.
Got a thing for numbers? Plenty of companies need to hire talented contractors who are good at data analysis, making this a potentially lucrative side business idea if you have the right credentials and experience. Platforms like Upwork and Digiserved are but a two of many websites that are great for freelancers with an analytical prowess, looking for extra work as a side business idea around their full-time jobs.
This is Tim Ferris doctrine here. Find a niche, find 1,000 passionate customers, and boom, you can get it done from anywhere in the world. Location-independent. That is why, me, personally, I dig the e-commmerce oriented sites. That’s just me though.
Then you can move on to more immersive sales education through online courses like Sales Training and Prospecting on Udemy, The Guide to Pitching and Selling Clients on CreativeLive. Once you’re ready to put your selling skills to the test, check out Angel List and see if any sales position opportunities align with your interests—the last thing you want to do is get stuck selling products or services you’re not interested in. However, by starting out your sales career as a side business idea, that gives you the flexibility to easily change courses if you ever need to.
Refusing to accept that I had no musical talent, my parents took me to many music teachers over the years, from a home based piano teacher to school based trumpet teachers. If you are patient with young students or talented enough to work with more experienced musicians, this could be a very satisfying way to make some good money.
It’s funny how much baking can relate to making money. Start bringing in some side income by kneading flour, mastering the oven, and appeasing everyone’s sweet tooth. While some experts have already turned baking into their sole “bread and butter,” you need not leave your day job to pursue this business idea just yet. Depending on your experience, you can start by doing something simple on the side like perfecting Grandma’s nostalgic cookies before heading on to offer exquisite artisanal fare.
Online Shoe Sales: This is a growing online business. If you have a passion for shoes and can find a special spin for selling your shoe line, this is worth researching. You can design and market your own niche shoe range. This can be anything from flip flops to heels.
Do you think too many aspiring entrepreneurs are trying to create the next big mobile/web app these days? Seems like there are tons of proven/simpler businesses that may be more suited for beginner entrepreneurs like the ones you’ve mentioned in this post!
I started my consulting business over 4 years ago as a part-time way to make extra cash, and it’s grown into my full-time endeavor, where I’ve quadrupled my income, and have much more flexibility. My wife no longer has to work, and we’ve both been able to be involved in our kids school–which neither of us could do when we were employees.
If you’re organized and are a planner, then why not take care of the arrangements for events like birthdays, retirements, or weddings? It’s always in-demand and can be profitable.If events aren’t your cup of tea, you could become a project planner for a business that doesn’t have an in-house project manager in order to keep their teams focused and on-track.
This is a beer lover’s dream and sounds perfect for someone who’s already brewing beer at home. However, opening a brewery isn’t easy. Consider connecting with some brewery owners for advice, tips and guidance to see if this is a path you really want to take.
This is a great part time business that can pay very good money. For my kids, I hired coaches who were usually still students themselves, and had very little paid test prep experience. But I did make sure to hire test prep coaches who had scored exceedingly well themselves on the exams being targeted. You don’t have to be good at every subject. Just find one exam that you can study up on and excel at, and that’s all you need to become a great test prep coach!
Believe it or not, some people have such a difficult time with dating, that they don’t even want to participate in the online (or app-based) component of it. If you’re a smooth talker, why not leverage that skill into becoming a paid match maker as a side business idea? People are paying.
People are always searching for one-of-a-kind venues for meetings, parties and weddings. Why not earn some extra money off the space you already have by renting it out for events as a side business idea? If you own a unique venue, like a studio, warehouse or boat, UK-based company Tagvenue will connect you with clients looking for somewhere special to host their event. Not a bad low-effort side business idea.
Although product businesses can lead to super riches, the risk and failure rate is very high. You will almost always be competing against larger national or international firms. If you become successful, other firms will try to duplicate your success. Even if you have a great product, just getting into the distribution channel can be very difficult. Then, if you are successful and are booking lots of profits, you still may be running negative cash flows as you finance growing inventories and receivables.
This seems like a fun and easy business and it can be very rewarding. However, it is very competitive and can be hard to break into. Interior design is also increasingly sophisticated, with software design simulation and specialized educational backgrounds becoming more common.
This is a big business with lots of opportunities. It is largely a do-it-yourself hobby, so you make money by selling supplies, expertise or services to scrap bookers. You could give courses or hold events on scrap booking. A common way to break into this business is to hold “scrapbooking” parties. You invite friends and acquaintances to your house, tell them all about scrapbooking, and try to sell the supplies they will need to get started.
A home-based business is open to all ages and walks of life, from high school students to the growing population of retirees for whom involuntary idleness is increasingly a problem. And since there is overwhelming data to demonstrate that activity promotes longevity, for many retired people working in a home business becomes the solution in curing debilitating unproductively. Also, the wisdom and experience of maturity dovetails with the structured prudence required to successfully operate a business without risking substantial assets.
A perfect example of this is if you make specialty cakes and, because of the extreme designs, sizes and amazing flavors, people are willing to pay you $350 per cake. However, due to the work that goes into producing such amazing cakes, you are only able to make one every week which brings your profit to $1400 a month minus the cost of your supplies.
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.
Everyone loves a well-built and handmade piece of furniture. If you’re already spending time in your workshop, why not sell your wares? Etsy is an excellent place to start selling without having to have a physical storefront.
If you can craft anything, anything at all, have any sort of design qualities or experience, or just some creativity and a working set of arms and legs, you can create things and sell them. There are so many online market places that you can sell in, eBay, Amazon, Etsy, to name a few… so many product to create, from wearable art (a nicer term for clothing), through craftsmanship of things like pots and jars, through genuine art – painting sculpting etc.
This is really incredible! Your experience speaks for itself! I love the selling to the the higher-end consumer. Providing a high-end consumer knowledge and power (ease of using your service that’s mobile driven) is huge.