Also, make sure you’re up-to-date on CPR, first aid and other emergency procedures. Then make sure your own kids are OK with sharing their home every day. Once all of that is wrapped up, go to your friends and neighbors, your kids’ teachers, your place of worship and anywhere else busy parents are looking for day-care services, and get your word out.
“The massage therapy business has been growing by leaps and bounds in the last decade, tripling in volume. According to the Bureau of Labor Statistics’ Occupational Outlook Handbook, it should grow by an additional 20% through 2016, meaning this home business has strong potential for growth. And, because all in-home massage services are necessarily local in nature, it’s work that can’t be outsourced to another country.”
Do you love woodworking? Even without a huge workshop, you can create some of the more popular crafts and sell them. And like most things, your success in business isn’t necessarily related to how skilled you are as a woodworker. So if you can figure out which products consumers want and just create those, you could have a good business plan. Etsy.com and farmers’ markets are a great place to start selling.
Perhaps most importantly, though, would-be eBay moguls need to specialize. Just throwing junk online won’t work. Sellers need to know what they want to sell and how they’re going to market it to their audiences. Again, competition is fierce, so research, preparation and strategy are critical. (For reference, eBay itself provides an extensive guide to selling on the site.)
Another idea someone could do from home is to start a service or write a software program that scours local ad listings (like craigslist) for a particular used item a person wants to buy. They have services like this for new items, but not used. I know others like me who are keeping their eye out for something used (like a canopy king bed!) but don’t have the time or inclination to search for it every day.
In my experience, one of the greatest challenges people face is deciding why they are starting a business, what they hope to accomplish and what they really want to do. Starting a business, particularly from home, sounds glamorous and free but, in reality, it can put a strain on home life if not done right. People I talk to often need help decision-making which is an essential quality in running a business.
For Song, starting a home business was about seeing a gap and finding a way to fill it. This is the secret to success for many top subscription box businesses. Birchbox, for example, saw that there was no way for consumers to test multiple beauty products without spending a fortune. So it filled that gap with affordable curated boxes of smaller sample-sized products.
No matter which way you do it, it’s passive income—money you earn while you sleep because you put these products up for sale on your website and a customer can buy and download them any time of day or night, automatically. All you have to do is check the sales periodically to see what topics or types of products are selling best so you can make more of those.
Fiverr is an online platform where you can sell mini freelance services like designing a logo, writing an advertisement, editing a photo or video, image creation, voice-overs, and so much more. With Fiverr, most gigs are priced at $5.00, which means you'll earn $4.00 after the platform takes their cut. While you may think this is a waste of time, some Fiverr freelancers have been known to rake in six-figures a year! If you're interested in Fiverr, check out the book, The Fiverr Master Class: The Fiverr Secrets Of Six Power Sellers.
It’s one of the first ideas people have when they think of starting a business: making and selling crafts. That means there’s lots of competition. The good news, though, is that people just love crafts. But be careful. Don’t just sell anything and everything. Define a product line and choose a distribution channel (online, craft fairs, etc.), and stick with your plan. And, of course, be creative.
This is another example on our list of home business ideas that caters toward outgoing individuals—people who don’t mind talking on the phone and who like guiding others and helping them solve problems. Many companies now outsource their customer service to home-based representatives, so you should have no shortage of potential clients—after all, any service- or product-based organization is more than likely going to have some kind of customer support need.
A great way to come up with a business idea is to brainstorm about your existing skills. Focus on identifying the skills that are unique to you or that you particularly excel at. Evaluating your previous professional experiences should give you a hint. Think of instances in which you were able to provide value to the organization for which you worked: do you notice any trends?