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.
Over the last decade, high-speed internet, a proliferation of devices and applications, and changing attitudes about the nature of work have made working at home a reality for millions of people around the world. One study, in fact, concluded that nearly half of all American employees work at home. And the trend isn’t limited to the United States; 79 percent of knowledge workers globally now do at least some work outside the office.
Instagram isn’t the only platform that can make you money. YouTube is becoming a full-time video blogger platform. One of the fastest, most efficient ways to grow an audience is to create a YouTube channel and make engaging videos that provide value to your audience. You can create craft or cooking tutorials, conduct interviews, or use whiteboards videos to teach lessons about a topic.
A perfect example of this is if you make specialty cakes and, because of the extreme designs, sizes and amazing flavors, people are willing to pay you $350 per cake. However, due to the work that goes into producing such amazing cakes, you are only able to make one every week which brings your profit to $1400 a month minus the cost of your supplies.
Best of all, unlike a brick-and-mortar business, you don’t need a lot of startup capital. In fact, you can get many internet businesses up and running with no money at all because so many free services facilitate the possibility. For example, you can set up a website or blog for free using WordPress. Or you can leverage a third-party site like Amazon or eBay to sell goods with no inventory costs. You use their selling platform in exchange for giving them a cut of your sales.
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.
The key to successful Podcasting isn’t just racking up listeners in big numbers. It’s getting listeners to engage. A small group of engaged listeners is more valuable than a large but passive audience. Specialize in an area of your expertise and constantly remind listeners to participate in your Podcast via social media or your Website. Making money Podcasting isn’t easy, but it is possible.
If you’re passionate about helping people and have any experience in personal care, you might consider starting an eldercare business. Nursing homes can be expensive and people are often hesitant to put their family members in full-time care facilities. Therefore, you might decide to offer freelance care, traveling to your clients’ homes and caring for them as needed. Or, if you have space, you might consider offering your home up to a few full-time care residents.
If you’re currently an accountant, this might be as simple as letting your clients know that you work remotely now for reasons of convenience or perhaps hanging your own shingle out to start your own firm. On the other hand, if you’re looking to enter the industry (virtually or not), you should be aware of the training and certifications necessary.
The research and thinking that you do as you work through the business plan will help you refine your business idea and plan for how you will successfully launch yourself into your market without costly real-world trial and error. If your business plan shows you that your idea isn't viable, don't be afraid to shelve it, choose another home-based business idea, and go through the process again.
Children’s brand Finer & Dandy is an example of a home-based business that uses a dropshipper. Founder Courtney White started the company in search of a way to make money from home without spending too much time providing services to customers. That’s when she discovered dropshipping. Now, she wakes up at 4 a.m. every morning to run her dropshipping business before going to her day job.
If you’re thinking of starting a small business from home, you must first determine your idea before you build its foundation, launch your business, and grow your customer base. After starting your at-home business, make wise financial decisions. Start small and think big. Once you have built up sufficient income, consider a move to a larger location.
Looking for a way to combine your public speaking, communication, and writing skills? You might consider serving as a freelance publicist or public relations consultant. This is one of the home business ideas that can greatly appeal to smaller businesses or individuals who can’t invent in full PR teams or staff, but still need this kind of assistance for their organization.
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.