From the comfort of your home, you can work with different companies to test their programs, software, backups, firewalls, encryption, and generally assess potential threats to their network and advise them on the best cybersecurity practices. Although this may be one of the home-based business ideas on our list that requires the most training and education, it can be a highly lucrative position if you already have the knowledge, or are willing to work to obtain it.
With the prevalence of video in social media and marketing, the need for video producers and experts has only grown in recent years. Even if you don’t have prior experience cutting and editing video, this is an online-based home business idea that you can easily learn and teach yourself with classes, tutorials, and general guidance from the online video community.
Approximately 3.7 million people in the U.S. were self-employed as of 2018 and working from their homes. Nine out of 10 American workers have wished at some point that they could make the transition to working from home. With the ups and downs of the economy, the slicing of employer benefits, and the crazy pace of life, many people are deciding to take control of their careers and incomes by launching a home business.
If getting money from friends or family is not an option, consider applying for a loan from peer-to-peer (P2P) websites. P2P platforms like the LendingClub match borrowers with investors. They offer small business loans from $5,000 to $300,000 and allow you to pay them back over one to five years with a typical APR of 9.77% to 35.71%. This gives you quick access to funds, while investors enjoy solid returns over time.
Antiques, baked goods, catering, gourmet pet food, daycare, massage therapy, nanny service, personal chef, personal shopper, personal trainer, photographer, tutoring, wedding planning, wine consultant. You might create your own brand of homemade pet food and set yourself up to sell it on your own website. Parents and even older post-graduate students are usually very willing to part with dollars if you have the appropriate background to help them or their kids ace that next important test. As for catering, why not deliver homecooked meals from your own kitchen? Who says you have to invest in a commercial setup and do large events for hundreds of guests?
For instance, suppose that you want to start a creative business using your sewing skills to make homemade quilts. Because of the time involved, you're only able to make two quilts per month. You discover that people are willing to pay $300 for each quilt you produce. That produces revenue of $600 per month, minus the cost of expenses related to quilt production and advertising.

Beta is when you’re testing out your product or service with the goal of receiving feedback. Find potential beta customers at trade shows, festivals, farmers markets, and other types of events where you can sell your product or service to a relatively small group of people. Consider offering discounts in exchange for customer feedback. While you can make some money with the beta, don’t let it distract you from your goal of testing and improving your idea.
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