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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.
The region in which a small business is located also affects the average income of its owners. A report issued by PayScale indicated that entrepreneurs employed on the coasts earn more than their counterparts in the South and Midwest. Entrepreneurs in New York, for example, earned a median yearly salary upwards of $125,185, while those in Georgia top out at $75,500.
It’s not exactly a way to make consistent great money, but housesitting—exactly what it sounds like—is a fantastically easy business idea that can fund your ability to live in exciting locales around the world (or your city) without paying a dime in rent. Did I mention it’s a way to travel and live rent free? Here’s a list of four great websites from the legendary Nomadic Matt, to start your housesitting side business idea search.
It’s great to see so many opportunities at one place. People often say how much they want to leave the corporate world and change the way they earn money but “they can’t”. And I think the reason is fear. They fear that working from home might not work out immediately. There are countless opportunities, if you want to work from home and every excuse is just due to lack of courage.
If you have something you’re skilled at and very passionate about, you can turn that winning combination into offering your services with one-on-one online coaching as a solid side business idea. Just be sure to implement your own opportunity management system so you don’t get caught up working with clients that you can’t measurably help. Elmira Strange will give you a step-by-step plan for putting your skills and experience to work by developing an online coaching business—even as a side business idea in the time around your full-time job—so be sure to check out her course on Udemy for a jump start on this side business idea.
Early childhood learning seems to be the rage. Even many games have an educational bent. With such high interest this is a competitive space, so you need to specialize. Perhaps specialize in children with learning disabilities, slow learners, creative play, or “gifted” kids.
Unlike opening a brick-and-mortar storefront, an eCommerce site is easy to build and doesn’t require the monetary investment and time commitment. And, you’re not limited to one location or business hours since you can sell to customers anywhere in the world 24/7. BigCommerce and Shopify have a ton of priceless guides to get you started.
Great list! I work as a Survey Taker and Singer from home. I enjoy writing and look forward to starting a freelance writing career. If you have any advice for me I am open to it. I am a beginner. I write poetry, songs and enjoy topics on family and entertainment such as movies.
Incidentally, helping others grow their wealth is also a good way to grow your own financial worth as a side business idea. If you have stock market and finance credentials, then you can earn freelance commissions or consulting fees, advising clients on how to get the best returns for their investments as a lucrative side business idea if you can get results for those clients—otherwise this business idea can be the fast-track to alienating friends and family, so be careful.
This is an especially good idea for stay-at-home-parents who need to bring in some money. You’re already staying home with your kids: why not invite a few others to the party? Licensing for in-home daycare varies from state to state, but you will want to make sure you comply with your local regulations. Median salary: $19,300.
I see two routes to success in this business: 1) Focus on artists with well- established followings that you are comfortable that you can sell or 2) Take on less well-known artists on a consignment basis, meaning you don’t actually buy the painting from the artist until the day you sell it. This can be a finicky business–people’s tastes can change and a gallery that is successful one year can find itself struggling enough. So, keep your overhead manageable and watch for changing trends.
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.
One of my friends took over her father’s dry cleaning business that over a lifetime he had built into a dozen stores. This is really hard work. Every item has to be handled many times. Customers can be demanding. And it is competitive. But if you are willing to work hard, you can make a very solid income.
Do you have an eye for detail? Do grammar and spelling errors drive you crazy? Writers and publishers are in desperate need of Editors and Proofreaders to correct and fine tune their written masterpieces. If you think proofreading may be your calling — check out this free 45-minute workshop.
I’ve been around boats almost since I could walk so I forget that some people need to be educated in how to run a powerboat or captain a sailboat. Now taking a boat for a spin and introducing someone to the pleasures of boating…how fun!
Career Coach/Advisor: Have you always been the one people come to for advice? Why not use that skill of listening and mentoring in a career coaching business? If you are good at counselling, use your network of contacts to get clients.
Are you a leader in your field? Create, plan, organize a group of like-minded individuals and guide them and share your knowledge and expertise so that the group as a whole can grow and expand their knowledge base – aiding in their success.
Someone out there is remodeling their kitchen and needs to know which shade of granite will match best with mahogany flooring. That someone will often be happy to pay you for your advice, especially if you’re the kind of person that subscribes to websites like Contemporist and you have the motivation to turn this business idea into a money-making enterprise.
As your business evolves, so will these procedures. Once it’s time to hire, this will make the transition easier, keep you organized and prevent you from scrambling to figure out what works all over again while in the middle of boarding on someone new.
Great list. I would also add private chef/cook. If you live near a metropolitan area with highly paid, but very busy professionals, there is a great need for people to prepare home-cooked meals for them.
If you’re up on the current styles, and can actually cut hair or do makeup, then you can start your own salon right from your home. If that’s not an option, you can always always turn to YouTube and start a beauty channel where you share hair and makeup tips.
Remember, whatever business you decide to start you must have a passion for what you are doing. Without enthusiasm and excitement, you’ll become bored and unmotivated, and ultimately it will fail. Don’t just follow the money, remember to follow your heart.
I suppose I can say I did this business once too! Or more specifically my father paid me to deliver promotional flyers for his candidacy for town meeting member. The flyers worked and he won! The cool thing about leaflets is you can truly pinpoint marketing for your clients not just in a particular town, but to houses in a particular neighborhood, or on cars in a particular parking lot!
We come on the internet to find out information. However when we are researching we often use information from a variety of different websites. A potential business idea would be to create a niche website teaching full courses so that visitors can get all the information they need in detail without the need to go elsewhere. You could monetize the site by offering a subscription fee or through affiliate marketing on the site.