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There are people now making a living creating viral YouTube videos. If you create a unique and entertaining video then it could soon be getting millions of views online if it goes viral. YouTube pays you as a partner for the advertisements that are in front of your videos meaning you do not have to find time looking for advertisers. There are also other potential revenue streams such as endorsing products and affiliate marketing.
What’s the upside to an exclusive distributorship? In the mid-1950s, the brother of my grandmother’s third husband was co-owner of a small car repair garage in Brookline, Massachusetts, when he agreed to import a funny-looking new small car into New England. It was called the Volkswagen, and he retained exclusive regional distribution rights for decades to come, making a lot of money in the process.
Keep in mind, I’m only talking about setting yourself up to do business: I’m not talking about writing a business plan (although if that’s what you want to do, here’s a comprehensive guide to writing a business plan), sourcing financing, developing a marketing plan, etc.
Many small companies simply don’t have the time or staff to properly run their billing operations. That’s where entrepreneurs who want to offer invoicing, bookkeeping, human resources and other clerical services to business owners on a contractual or part-time basis come in. With just a laptop and a few clients, you can get the ball rolling from home.
Have a talent for crafting or creating other handmade goods? From bracelets to phone cases, rings, furniture, and more, Etsy is one of the world’s largest independent marketplaces that’s perfect for anyone who is creative and willing to sell their handmade creations. As long as you have the space, this can make for one of the best home business ideas that can be started as a side hustle with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology. Then, after you’re able to build your brand and grow your own audience, you can start an eCommerce site of your own and retain a larger portion of the revenue from your product sales—making this a very lucrative potential business idea if you’re able to find an audience that loves your products.
You might say that $5 is pretty low but if you keep at it and provide a good service, your account can be upgraded and you can provide services with extras where you can earn a lot more for each service provided. I saw many vendors who have listed services (plus a few extras) that can go up to $80-$100.
Not only is Airbnb a great way to make money by renting out your spare bedroom or living room couch as a legitimate home-based business idea, but you also have the benefit of meeting new people and making new friends if that’s your kind of thing. You can even rent out an entirely new apartment just to manage as an Airbnb side business idea, but don’t make the mistake of thinking this will be a passive source of income—you’re on call whenever you have a guest and you’ll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, you can take this business idea to the next level by offering your guests add-on and personalized experiences for an extra charge. Take Lauren Gheysens’ Airbnb-based side business idea, Royal Day Out in London, England for example—where she gives visiting tourists a local’s only tour of the city, complete with bespoke 18th century costumes.
Do you love to write? From blog posts and newsletters to articles and copywriters people are always looking for writers. Check with some of the major freelance sites, like Upwork, Freelancer, and Guru and see how you can offer up your writing services.
At one point I tried to retail new Polish bicycles out of my house. They were decent bikes at a great price, but no matter how aggressively I advertised them or how low I went on price, I just couldn’t capture the sales levels that the local bicycle shops were enjoying.
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.
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.
While it’s incredibly difficult, and requires a big investment, to open up a new operating business, introducing clients to existing businesses is an idea that can hardly fail you, if done properly. The concept is simple – find an existing business that is looking to recruit clients, and willing to accept introductions. Most businesses will be happy with something along these lines as this sort of deal is performance based. There’s not risk on anyone’s behalf.
You hear about these opportunities, and they often sound like scams. But the truth is that the medical industry has a great need for individuals to transcribe audio dictations into coherent reports. Transcriptionists do need education—generally a two-year degree—to make sure they are clear on the arcane medical terminology. Median salary: $32,900.
Home-Office Deduction: Just like it sounds, this deduction allows you to take into account all of the operating expenses for your home office, including the square footage of your home-office space, and deduct them from your taxes. The IRS has a terrific, easy-to-understand chart that outlines the different parts of this tax deduction and how best to calculate it. NOTE: Renters can also take advantage of the home-office deduction.
I really appreciate all the hard work you put into this list. I never knew there were so many options. I have worked my entire life and am currently a undergrad in Business MGMT/Healthcare. In 2014, my 20 yr old son became a quadriplegic. For the first time, in many years, I am a stay at home mom. At 38, I have spent too many years being independent to feel comfortable relying on my husband. You have given me hope and a starting point. Thank you
You love dogs? You’re good at taking care of them? You want to open a dog-boarding business? Just make sure you’re prepared. Sure, it’s a great opportunity, and it’s totally doable—with some planning. Make sure you know your local zoning laws and, perhaps more importantly, make sure your neighbors would be OK with some extra noise and activity around your place.
Find an audience for your passion or hobby and you’re all set to monetize something you love via a niche website as a side business idea. That of course, is easier said than done, something not intended for the faint of heart. Prepare to invest a lot of your time, but if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it.
Many people consider their pets to be family, and pet owners are often more than willing to shell out some serious money for Fido or Princess Pie. Whether you want to start a pet grooming, pet sitting, pet walking, or even a pet photography business, there are plenty of profitable from-home businesses you can manage in the pet care industry. Naturally, a love of animals is mandatory!
The first session of this course, Session 1 Deciding on a Business contains techniques that will help you evaluate business possibilities and avoid the most common mistake made by entrepreneurs: Not picking the right business to begin with.
If you can make anything from clothing to candles, you can work on creating those items in your home or workshop and then travel to different craft fairs in your community or around the world to sell them.
Getting started in the sport fishing charter business may not be as expensive and difficult as you think. Unless you are going into particularly rough waters you don’t need to start with a large cabin boat. Furthermore, you can finance much of your purchase. And if your fishing skills are a little weak, hire a boat hand with some strong local fishing knowledge. In the right location, you can charge some serious money in this business.
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.
Yes, I had a couple golf lessons–but you’d never know it to watch me play! I don’t think I had the right personality for this sport–relaxing and being patient isn’t my thing! But if you have some talent at this challenging game, you can charge some good money and bring your gift to others. Golf is an excellent lifetime sport and people are willing to pay to try to master it!
Do I need to tell my mortgage lender? Residential mortgages usually prohibit using the property for a business, so you need to check the terms of your mortgage and if necessary, ask for consent from the lender. Breaching your mortgage could risk the loan being terminated and being repayable immediately.
Are you addicted to social networking sites like Facebook, Twitter, Pinterest, and Instagram? Then you may be ready to launch your own home-based career in one of the hottest professions available right now as a Social Media Marketer!
From weddings to birthday parties to corporate events to conferences, the details of putting on a huge bash can be beyond the average party-giver. That’s why they’ll turn all the planning over to you. Median salary: $45,260.
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.
What this means is that you’re able to monetize your blog, but only by using WordAds or Blogger’s Adsense ads. WordPress does allow affiliate marketing on their free platform — as long as you’re in compliance with their terms. Using a free platform limits your earning potential, but it gives you the initial foundation for building an audience. Once you have a little bit of money rolling in, you can easily transfer your blog over to the paid version of WordPress where you will be able to fully monetize your blog and start making money.
While you’re not going to get rich completing digital offers, it is an excellent way to get some cash coming in and to supplement your other money making efforts. While I could write a post just on internet earning opportunities, here are just a few to check out.
Still, knowing something about how the flower business works is a good idea, and your online presence and photos of your work will be critical to your success. Remember, the business is all about visuals, so make yours as compelling as you can. Get started networking by contacting local wedding planners and funeral homes and letting them know you’re in business. From there, let your business bloom. A friend in Maine turned a flower-arranging business into a successful flower shop she later sold at a profit.
We started and eBay business selling our old stuff when she moved from California, just before we were married. We didn’t intend that it would become a full-time occupation, but it’s been a worthwhile business so far.
Naturally, it helps if you already have an online audience you can tap for listening to your regular podcast (like I did), but that hasn’t stopped thousands of people from building successful side business ideas into lucrative podcasts—including Alex Blumberg, founder of Gimlet Media who teaches how to use storytelling and launch a podcast. You can also check out this class from podcaster and entrepreneur, Lewis Howes, about how to make money podcasting as a side business idea, which regularly broadcasts for free on CreativeLive.
Once you’ve gotten your workspace set aside, decide what you need around you to make you most productive. Aside from the usual paper clips, stapler and pens, here are some other items to keep in mind:
If you love to write, create a blog and turn it into a business. If your site gets a lot of traffic, you can earn money via direct advertising, or through affiliate marketing, where you’d promote someone else’s product or service and earn commissions based on sales.
Looking to open up a new business? In need of an high-potential low-investment new business ideas? Whether you want a more flexible lifestyle, out of work, or looking to earn top dollar, be sure to scan through our 2018 business ideas list. Looking for a no-capital home business to make a little cash on the side? View our top 2018 home business ideas.
Is your passion, fashion? Then use your knowledge to help other women discover their own sense of style. Personal Stylists, sometimes called Image Consultants, assist clients with new wardrobe shopping, accessorizing, makeup, hair, and generally revamping their appearance for an overall new and fresh image.
Dog walking/Running Service: This is great for any fit outdoor type of person who loves dogs. Research what training, licensing and insurance you need. You will need to be disciplined and provide great customer service, as word of mouth will be your best source of business.
If you want to broaden your services and earn more, you can opt to make the entire house look neat and clean with this side business idea. House cleaning services cover carpets, floors, lawns, garages, windows, walls, and roofs, requiring a whole range of cleaning tools. You can hire maids and janitors to do the actual cleaning while you handle sales, administrative and customer service tasks. Or, you can start small by actually getting your hands dirty as a contractor, learning on the job before launching your own cleaning operations with the help of cleaning business management tools like Swept. Beyond that, I’d recommend checking out Cleaning Zoom’s ultimate guide to starting a cleaning business if you plan on taking this business idea seriously.