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Maybe you’re looking to supplement your full-time income with a side business. Or perhaps you’re finished with the 9-to-5 and ready to be your own boss. In either case, coming up with a killer small-business idea is the first step on the path to entrepreneurship.
I’ve found that fear often stops aspiring consultants from starting a consulting business–or any business–and on my blog, I talk about how to overcome those fears. I also talk about practical, concrete things you can do to start and run a successful consulting business, along with tools, tips, tricks, and techniques for automating your business and keeping costs to a minimum. The info I give is applicable to most other types of businesses as well.
Hi holly. I really like all your ideas. I would like to ask if you have any suggestion or ideas about handicraft making or do it yourself that will make a good profit at the same time can be useful for all ages and sexes?i think i am a handicraft person but i dont know how to use it profitably. Thank you very much. And Im waiting for your response.
If you don’t know what Uber is, basically it is the 21st century version of the taxi. You just use your own car and when someone near you wants a ride you get a notification on your phone (assuming you selected that you were available in the app) you go pick them up and drop them off where they want to go and then you automatically get paid.
There’s a huge growing market for mobile phone accessories, and plenty of handmade sellers are raking in 6 and sometimes 7 figures from their phone case businesses. You can get your own phone case business up and running as a side business idea in a matter of days with turnkey solutions from Case Escape, my previous company, and you can now get ready-to-go kits that’ll give you everything you need to start a phone case business. Once you’re up and running, you can sell cases on Etsy, Amazon Handmade, and Fancy. During our first year of selling phone cases as a side business idea on our Etsy store, we made around $60,000 in revenue from that selling channel alone—not to mention additional sales from fairs, trade shows, promotional products vendors, parties, events and other online marketplaces. From there, the sales only continued growing and we graduated from side business idea to full-time company that I ran with my best friend for multiple years.
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.
So at the risk of generalizing, I am going to paint some broad brushstrokes of what I think most people’s chances of success are in different businesses. Before you think that my broad rules of thumb don’t apply to you, perhaps because you have some related experience or a good idea, I offer to you that, on average, the type of business you choose to go into will have more impact on your chances of success than even factors such as your experience or how unique you consider your idea to be.
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.
Website security is becoming increasingly important with more websites being hacked. WordPress websites can often be targets for potential hackers who could potentially bring all your hard work down. You could stop this by providing WordPress backup service that would allow users to quickly get back online after an attack.
Wedding planning could be good fit for someone who has experience in party planning, event coordination or hospitality. Strong organizational and communication skills, the ability to work weekends and patience are necessary.
Who says you need technology in order to start? Some people even enter paralysis from just not starting just because there is not enough technology or the technology they currently have is not as updated.
Thanks to Dave Kerpen, CEO of Likeable Local and Cofounder & Chairman of Likeable Media, you don’t have to imagine. Because he has 10 proven business strategies that have brought him massive success over the last seven years. And Kerpen shared these insights with Chad Cooper in a Tony Robbins webinar.
Do numbers excite you? Are you organized and pay great attention to detail? Then bookkeeping may be right up your alley. Bookkeepers help business owners and bloggers organize and keep track of their monthly income and expenses. If you think Bookkeeping may be your calling — check out this FREE training series from Bookkeeper Business Academy.
Listed below are links to basic federal tax information for people who are starting a business, as well as information to assist in making basic business decisions. The list should not be construed as all-inclusive. Other steps may be appropriate for your specific type of business.
826 National is the largest nonprofit youth writing network in the country. 826 encourages under-resourced students to ignite their creativity, explore identity, advocate for themselves and their community, and achieve academic and professional success – all through the transformative power of writing.
Much like the first point, once the time is right this process will help you to decentralize control and make handing over the reigns easier (so you can focus on growth). Sales and marketing, finance, HR and administration are all separate sectors to be cognizant of.
Despite Instagram’s growing popularity, not all brands know what they’re doing on the app. If you have a background in social media and marketing and a passion for photography and Instagram, starting a consulting business that focuses on the popular photo app can be a great way to make money while helping other businesses improve their content and thrive.
Sure, there are a lot of graphic designers out there, but there are far more Websites, companies and organizations in need of design work than there are designers. That’s the good news. The more difficult news is that graphic design does require a certain level of expertise and possibly some pricey software, although designers can often get by without necessarily having the most expensive applications on the market.
I like these ideas! Besides being good ideas in themselves, they stimulate MORE ideas! Some of them reminded me of something I was reading about called Craigslist arbitrage – buying low and selling high on craigslist, kind of like the first part of the old Oregon Trail game, but with washers and dryers and bicycles instead of cases of crackers and horses. Sounds like fun! Anyway, that one about the pooper-scooper business, that works, I know because I was quite successful in the pooper-scooper service I started back in 1988! I’ve been in the industry for 25 years now, though I don’t go out and scoop any more.
Are you a foodie? Create and sell food products, from gourmet peanut butter to spicy sauces and salsas, the niches available are endless. Try testing out your food creation on a smaller site like Foodzie or learn how to bring your food product to market.
Always remember to personally connect with neighbors, friends, and family and let them know about your services. You can also check out third-party platforms like Care.com, SitterCity, and Task Rabbit where they connect caretakers with caregivers. If you are connected with a job on one of these platforms they’ll take a small percentage of the total transaction fee. In fact, the on-demand economy has made it easier than ever to make money on demand — to find out more check out this post.
If editing and advising college students on how to write compelling 500 word essays on topics such as “You were just invited to speak at the White House. Write your speech,” seems like a compelling business idea to allocate your free time towards, trust me—tons of parents will pay you to edit admissions essays and offer constructive feedback for their children. Be careful not to blur the ethical line of actually writing their essays, but serving as an editor to help them convey their message can become a great side business idea that has the potential to spread by word-of-mouth referral in your community.
If you are in a climate that consistently gets a lot of snow each year, then this could be a good business. But if the snowfall is inconsistent, you could get stuck with having a nice new snowplow and truck, but no business.
Software: If you haven’t already, invest in the latest version of Microsoft Office. This is the most common business software on the market today, so chances are you’ll have no trouble reading or editing files and documents clients send to you and vice versa.
Mintvine is a great way to make a little money at home is thru online surveys.. Super was do them when you want .. no commitment money goes right into a paypal account you won’t get rich but you can earn money for a date night or two 😉
Companies are increasingly turning to freelance and contract workers to fill the skill gaps in their staff. It’s not hard to imagine that you could build a whole company around providing freelance services of one sort or another. Some freelance gigs pay by the project and others pay hourly, and the rates can vary greatly. But as you gain more experience, your earning potential will soar.
Legal Transcription: You need to be able to listen and type at the same time. You will need a computer, headphones, printer, legal dictionary and software for audio playback. You may require some training in legal formatting and terminology.
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!
Do you love weddings? Become a specialized event planner in the wedding industry. Assist couple with everything from locales, flowers, dresses, food, entertainment to photographers, themes, and honeymoon planning.
My father spent year after year remodeling our basement—and I’m glad he did because that’s where I located my model railroad! However, a lot of homeowners aren’t willing to invest the huge amount of time it takes a novice to remodel their basement—that’s where you come in! Remodel your own basement, put together a website with the before and after photos, and hang out your shingle!
There is something special about the first edition of a rare book and people will spend big money to find the exact book they want. And then there is the shop itself, a rare book shop is such as wonderful antidote to our way-too-busy Internet world. Yes, you can make money with rare books but this is a profession that I suggest you ease your way into gradually, getting very comfortable with market demand and pricing, before investing in inventory.