If you’re able to help students with academic subjects, sign up with a website like Tutor.com. If you prefer to tutor people on a wider variety of subjects, like chess, sports, cooking, or singing, try Wysant.com.
collectable items and antiques are often in demand from the right buyers and can have a lot of value. If you know a lot about specific collectables then you could look for bargains and then sell them off for a profit. There are plenty of sites for collectible items so you should have no problem in finding buyers.
Arielle sells job search tools. It’s not glamorous at all, however what’s important to me as one of the founders of the business is not the perceived glamour value of our products, but the quality of the problem that our business has been built to solve.
There’s never a guarantee of making it big on YouTube. But you can create and post a variety of video content to the platform right from the comfort of your own home, and maybe even make enough from ads to run it as a business.
Know someone who rents out property to others? Perhaps they could use a hand managing their property. If so, you can make a decent amount of money on this side business idea with relatively little work on your part (most of the time). It’ll take some hustling and the willingness to be flexible with your schedule, as you’ll be responsible for collecting rent checks, managing repairs and improvements, and simply being on call for emergencies. But, a property manager is essential for most real estate investors that have a large enough portfolio, so there’s definitely merit to this business idea.
I guess we should start with the one that I am MOST familiar with. I have been making a full-time living blogging for almost 10 years now, and it isn’t a get-rich-quick scheme, but it can definitely make you some money.
Looking for a way to make passive income? Find products and services that you LOVE and introduce them to your friends, family or blog audience via affiliate advertisements. As an affiliate marketer, you will you promote items and in return will earn a commission on every product that is sold through your affiliate link. Don’t have a website? No problem. Here’s how to earn affiliate income without maintaining a website or blog!
But be wary. Food service—even a delivery service, which is the most likely scenario for home bakers, as opposed to setting up a storefront—comes with built-in risks. Prepare yourself, and read up on your local insurance requirements. And don’t be afraid to start out by making just one or two really great treats. Consistency is more important than variety in the baking business.
A few years ago, I overheard a conversation in a gym about a fellow who was planning on starting an Irish pub, of which there are close to million (well almost a million) in Boston, but then changed his mind and opened a pub focusing on craft beers. It was wildly successful! In addition to being a unique idea at the time, he also chose an excellent location and developed a solid food menu. Unless your overhead is extremely low, you are probably going to need to serve food to make a go of this business, so yes you can be extremely successful–but it is no small undertaking.
KJ Henderson has more than a decade of HR and talent acquisition experience. He has held roles at a Fortune 100 investment bank, a media conglomerate and at one of NYC’s largest executive staffing firms. He currently heads recruitment sourcing at a major movie studio. He read literature at Oxford.
This is Tim Ferris doctrine here. Find a niche, find 1,000 passionate customers, and boom, you can get it done from anywhere in the world. Location-independent. That is why, me, personally, I dig the e-commmerce oriented sites. That’s just me though.
This is one of those businesses you probably wouldn’t get into without previous experience. On the other hand, you can get an idea of skills needed online from the television personality and dog whisperer, Cesar Milan. There are also many dog training tutorials on YouTube. A stint at a local pet store might help too, and you’ll at least make minimum wage while you get your education and experience.
Carrie H Johnson was divorced and living in a low-income housing when she started a cleaning business with friends, she explains on her website. She built it into a multimillion-dollar business with 165 employees.
This is a good solid service business. But it is competitive, you need to have fully qualified service providers, and you need to look into licensing. No matter how good a service you run, when you deal with the elderly especially there is always legal risk. You can mitigate the risk by incorporating, by getting insurance and by being sure your staff follows accepted medical protocols.
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Are you an expert in your field? Do you enjoy writing? Take your knowledge and put it to paper and sell it on your website, blog, Amazon, or Barnes and Noble. Need help getting started? Suzi shares her exact formula for creating an e-book in one-month!
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Are you an extrovert that loves meeting new people? Selling insurance products—particularly life insurance—may be a great way to bring in some extra cash and build residual income in your spare time. Selling life insurance on the side could quickly generate a consistent $1,000 – $2,000 per month depending on how much time you invest in this side business idea. To get started you’ll likely want to take an online course to brush up on the subject matter, and then pass a state licensing exam. The biggest challenge you’ll face as a new agent is generating sales beyond just helping out friends and family. From there, it’s all about networking and lead generation to grow this one. Learn more about this side business idea with this getting started in life insurance guide from the team over at NoExam.
Entrepreneur.com reports the startup costs of freelance bartending at “under $2,000.” But you can keep it under $100 if you start with clients who have the necessary equipment or by bartending for parties where expectations are minimal. Entrepreneur.com says you can make “up to $300 per day when you tally up your wages and tips.”
Interior room painting or wallpapering lends itself to part time work better than exterior house painting. Often a home owner wants just one room done. And you are not weather dependent—so you know you will be able to get a job done on Saturday for example, come rain or shine. As your experience grows you can charge a lot of money for quality interior painting and wallpapering.
If you don’t want to go the Airbnb route, but still have a room or private area to rent, then you can always become a landlord or start your own bread and breakfast. The real money is if you live in tourist areas, but I’ve known plenty who have purchased homes in emerging neighborhoods when purchasing homes were cheap and now making a ton of cash renting out these homes or apartments.
That’s awesome! How large of an investment did you have to make putting a commercial kitchen space into your home, according to public health laws? I would love to sell a food product online, but the government regulations are just too cumbersome and expensive for me.
When my Rolex needed repair, I was determined to save some money so I went to an independent repair service. I visited his shop in Ft. Lauderdale and it was a relatively large operation with half a dozen technicians or so serving not just the local community, but shipping watches back and forth all over. Then there is my father’s grandfather clock which I just arranged to have shipped to me. Just to have it shipped, I needed an expert clock service to take it apart, and then on the receiving end I needed another expert service to put it back together. You get the point…there’s lots of demand here!
But if you get the green light to do it, starting a catering service is a relatively low-overhead way to create a new business. It’s a lot of work, but if you enjoy cooking, it could turn into a lucrative and fulfilling career. To get started with minimal investment, you could first cook in your customers’ homes and use their dishes. Also, a narrow specialization on a particular type of cuisine or event may help you attract clientele as you work develop a strong customer base.
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.
Even though I wasn’t making very much at the time, when I got laid off in 2008 I was very happy that I had started a side business that was another source of income. Even if you don’t have aspirations of working full-time from home, having a little supplemental income would be nice – wouldn’t it?
My father was a business broker for a number of years. The type of business he most frequently brokered was coin-operated laundromats. When you are dealing with the smaller businesses such as single location laundromats, you will need to achieve a reasonably good volume of transactions to make decent money. Another issue in this business is you tend to get a lot of “tire kickers,” who aren’t very serious about buying a business, but can take up your time.
Do you love to plan parties? Do you have an eye for detail? From weddings and birthday parties to baby showers and retirement parties, Event Planners handle the details of location, budget, lodging, decorations, entertainment, food, beverages, transportation, activities, invitations and the like.
Edward, I do not actually – I just did a search for a course for it and that was what I found. The course is sold from clickbank and they have a very good return policy, so if it is no good, it is pretty easy to get your money back – for what it’s worth…
With many websites getting the majority of their traffic from search engine results, it is no wonder that the demand is huge for SEO specialists. Sure, the days of playing “black hat” tricks on search engines are long gone, but there are many legitimate levers you can pull to help bring web pages to the first page of search engine results.
Hi. I especially like the Ebay business model, because it is so easy to start and quickly profit, Also Amazon FBA can be a very profitable business and again is very easy to start for newbies. I just recently picked up just a couple of books for less than $12 and sold them for over $80! very easily. Good luck everyone. Hope this helps.
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