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If you are a top seller and have years of experience under your belt, going independent as a manufacturer’s representative may be your ticket to sales success. If you like to sell and yearn to be out on your own, the life of a manufacturer’s representative, also known as an independent sales rep may be for you. Experienced salespeople tell us being a manufacturer’s representative is the graduate level of selling, offering potentially higher earnings and freedom from company politics.
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.
Yes, you can make a lot of money with a simple ice cream shop! Perfect your ice cream before you start, find a good busy location without a crazy rent and consider starting with a smaller footprint to minimize your overhead. I’ll have an ice cream sundae please—with everything on it!
Was a great time, good money and I met a lot of extraordinary people that still after 9 years since I moved to Spain, they keep asking me for advice (where to buy materials, clues as where to find good labor, etc.)
When I operated the website CareerCity.com, we would get tens of thousands of visitors a day, all interested in finding jobs. But despite a lot of promotion on the website, we were lucky to sell even a few paperback books on job-hunting techniques.
Mechanical Turk operates much like TaskRabbit and GigWalk: it’s a corner online where Amazon gathers tasks to be done, people willing to do them, and people willing to pay for them. On Mechanical Turk, you get to do the oddest jobs you can imagine as an online business idea, made possible by a parallel online universe that runs on hits, visits, surveys, reviews, pins, likes, CPCs, reads, and other metrics. But don’t get too ambitious. The small sums being paid out to human Mechanical Turk users rarely add up to anything seriously substantial, even if you invest most of your spare time into it. It’s a better opportunity for internationally-based people with internet access and lower costs of living than in the US. Here’s one person’s account of his former life as a Mechanical Turk talking through how he got started with this business idea and what the experience was really like.
Live in a destination where travelers frequently visit? If you love meeting new people from around the world and also love the city you live in, starting your own local tour company is arguably the best business idea that will give you both of those perks. Take a unique spin on your local tour business like Erik from Vantigo. He was starting his VW van tour business in San Francisco as just a side business idea while he was still working a full-time job, and grew it to being a sustainable source of full-time income before quitting—now he’s running a multiple van tour company on the back of what originally began as a crazy side business idea.
I would recommend that you hyper specialize if you are starting an e-commerce business. Why? Because many e-commerce websites have very deep pockets and patient investors and are willing to sell products for razor thin margins (i.e. Amazon) or even at a loss to build market share. That being said if you can show some solid revenue in this business, and especially if you have repeat customers, you will have a business that is worth a lot of money even before it is profitable.
This session will review the do’s and don’ts of operating a home-based business and will also state the case for not quitting your job at all. Keep in mind that operating from home still requires business skills just like any other business. And it will be important to gain understanding in all the other sessions contained in the My Own Business Institute course(s) as well.
Businesses are always looking for photos to use for promotional content and their websites. If you know how to take a good photograph then you could begin to sell them on stock photography sites. There are a lot of websites out there that are willing to pay for your photos and you often earn a profit for every sale.
It’s amazing how you can have a business even if you are not working with technology. This shows that as long as you have the will to be of service to people, then you can create a business out of it.
I met Wally Amos who made a blockbuster success out of famous Amos cookies, which he launched after a career as a Hollywood talent agent. Wally eventually lost control of his company to outside investors. However, he came back again with still another cookie line. Everyone loves a fancy cookie and it’s an easy food to both differentiate and to charge a premium for.
In the early stages of a startup, there’s comfort in doing the things we know how to do–looking for office space, for example, or setting up accounting software or starting to build our products. While doing these things feels like progress, unfortunately, it’s the exact opposite–it’s burning limited time and money on things that are completely unrelated to initially proving you may have a viable business.
Retail is a lot tougher than ever before, and it’s getting more difficult every day! Why? In addition to the huge discount department store chains like Walmart continuing to take market share, the so-called category-killer superstores or big box stores continue to threaten smaller retailers in all kinds of categories. Then on top of that, you have the Internet companies, like Amazon, which are more than willing to run their business at a loss today in hopes of making it up at some point in the distant future.
Maybe you have extensive knowledge about taking care of a sick loved one. Or maybe you know some special tricks in preparing meals for large or small families. You can sell an e-book over and over again. If you only make 50 cents per sell; 10,000 downloads of your book will make you $5,000.
Offline, it’s a bit more difficult to set up broker deals, simply because the tracking is harder. Traditionally, the most common area for this would be real estate, where it’s common that an agent gets a commission, and agents use sub-brokers who work with them.
Do you have a cosmetology license? Take your hairstyling skills home by cutting, coloring, and styling client’s hair in the comfort or your home or theirs. On-demand sites like Concihairge can help you get set up.
If you enjoy being outside and cleaning, a window washing business might be the right fit for you. You just need some cleaning supplies and outdoor equipment if you plan to work on multi-story buildings.
Because I am just a little bit techie, I get asked to video record weddings all the time. If video or photography are up your alley, starting a wedding photography business could be a great idea for you. If doing weddings aren’t your thing, there are other ways you can make money as a photographer as well.
Not everyone wants to find a babysitter by responding to a hand-scribbled note on the bulletin board at the local coffee shop. That’s where you come in. Set up a babysitting service that includes vetting your sitters and giving your customers confidence that they are dealing with safe and dependable service providers!
You can sell whatever you want on eBay and make profit. You need to find the right niche, build yourself reputation, and learn the system, but generally speaking if you buy in bulks, through eBay or through someplace else, and sell every piece of the bulk for a higher price, you will eventually make money. It’s not difficult to make money, the difficulty is to make enough money and sustain a proper cash flow line to be able to buy stock, and make a living at the end of the month.
From there, you need to learn which tools, resources, and feedback communities you can use to accelerate the pace at which you’re able to launch. Check out these 101 essential tools and resources I use to launch profitable side hustle businesses.
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.
If you live in a bustling area, chances are local businesses could use a local courier service. Unlike the big name services, you can offer more flexible pick-up and drop off times, which can be a godsend to many small businesses. According to About.com, half of couriers earn in the $17,000 to $27,000 range.
Buying a car today is a dream of many middle-class people but very few can pursue it. This may be due to lack of money. Many of them opt for the used car. You can start a business by taking dealership of used car and working on commission basis. It is an emerging business idea in India.
Sure – just buy my “Get Rich Quick” program for 3 easy payments of $99 where I teach you how to sell your own “Get Rich Quick” program without doing any work, zero effort, oh and did I mention it was guaranteed? 😉
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.
Pregnancy Fitness Classes: You will need a certificate in pregnancy fitness. Create a comfortable and secure environment for these classes. And then keep up to date with new developments in pregnancy fitness training.
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Do you love garage sales and thrift stores? Are you good at finding a diamond in the rough? Then take mildly used and unwanted goods and make some additional money by flipping them and selling them online. Don’t think you can make good money doing this? This husband and wife team earned over $130K last year by flipping items on eBay!
For me, knowing that I wanted to be an entrepreneur was the easy part. Figuring out what I wanted to do was the hard part. I read books and looked online, but I didn’t truly understand all of the different opportunities that were available.
Washing windows for retail stores is about as simple as it gets. Just get your cleaning supplies and knock on the doors of retail stores, asking if they want their windows cleaned. If you get some takers you could arrange to make it into a regular service.
Do you know how to secure funding? Finding funding for a small business can be a lot of work, not to mention the huge learning curve. Use your inside knowledge of how the investment realm works, and assist other entrepreneurs with obtaining and securing funding for their business.
Carrie H Johnson was divorced and living in a low-income housing when she started a cleaning business with friends, she explains on her website. She built it into a multimillion-dollar business with 165 employees.
Forget about business cards (at least at first) or trying to get travel agencies to recommend your guide service. If you know an area well, you simply sign up with a website like Vayable.com and let them find your customers for a cut of the revenue.
Like drinking beer? Why not try making it yourself as your side business idea? With enough patience and skill you might end up brewing something that others are willing to pay to drink. Pick up an easy-to-use starter kit from Mr. Beer online, invest the time it’ll take to perfect your craft, make a unique brew and start shopping it around to friends & family to see what they think of this side business idea.
Don’t be tempted to start a retail store just because you find a cute, affordable space to rent. Location means everything in retail, and a good location usually costs a lot of money. I would spend several days sitting in front of a potential retail location with a counting device, counting cars and pedestrians walking by, before I’d even think about signing a retail lease. Then if you do get a great location, take full advantage of it with great signage and an enticing storefront.