I realised I wasn’t going to have time to approach every online directory to get my company listed, so now I also use Yell’s Connect product, which is separate from the advert that I’ve put up and costs £25 a month. They create directory listings for your company in all of the directories they have access to, and every day their computer system checks it to make sure that nothing’s changed; Google favours companies who have no discrepancy between their listings online. Now I’m listed at number two for the Yell search ‘Vets in Finchley’.
To be a consultant, you need to have an expertise in something so you can market yourself as an advisor to others looking to work in that area. Perhaps you managed several large warehouses in your career with a drugstore company, you did all the marketing for many years for a large shoe manufacturer or you set up a chain of beauty supply shops or take-out restaurants. You can use this experience to help others do similar things without making the same mistakes that you made along the way.
Packaging your skills and knowledge into a downloadable eBook that delivers value to those seeking to learn a skill, advance in their careers, or start their own businesses, makes for a strong value proposition if you target the right audience. Check out Leslie Samuel's great guide to selling eBooks online and start building your strategy around this side business idea. This class with Tara Gentile on CreativeLive will also show you how to use your existing body of work to write an eBook within the next week. Put in some serious work with your eBook, build an audience and you'll have a platform to pitch traditional publishers on landing a book deal—then you can write one of the best business books and really build your personal brand.
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.)
Gone are the days when you needed a storefront to sell products. A website lets you sell to anyone, anywhere. Websites these days are cheap to maintain, on the order of $30-$50 per month. They’re easy, too: the internet is full of do-it-yourself websites that don’t require programming knowledge to build. If you want a website that is really special, you might want to consider hiring a professional web designer.
Yet another common problem encountered by home-based business people is frequent distractions that reduce productivity. In fact, distractions are everywhere for people who work from home. When faced with a difficult work task, it sometimes seems far preferable to run the vacuum, clean out a closet, walk the dog, have a snack, take a nap, raid the refrigerator, pull some weeds in the garden, or do any of the myriad other things that need doing around a normal household. In addition, people who work from home lack the motivation that peer pressure can provide in a regular office. They also face spouses and children who demand time and attention, as well as friends and neighbors who call to chat or stop by to ask favors.
Start with a very good checkout flow / payment gateway right from the start. I’ve spent too much time thinking I could whack some checkout together with PayPal and a (typical Dutch) bank payment system, but ended up with a lot of coding and hacking into WordPress to make it all happen. Actually, the right checkout still hasn’t been implemented #@!^&*^
But many people put themselves in a very similar position by starting home-based businesses without considering the profit angle. Business is about profit, and without sufficient profit, you'll never have enough income to even pay the bills, let alone generate wealth. (For more on creating a business that actually produces income, see Change Your Business Model and Watch Your Profits Soar!)
To be clear, providing care for the elderly often requires a broader set of credentials (as it should) so this business idea isn't one most people can get started with this weekend. These credentials may include licenses, training certificates, business permits, and tax forms depending on which state you wish to operate, the level of care you intend to provide, and whether you plan on running a formal business or just hiring yourself out as an independent worker as a side business idea. If you’re already giving unpaid care to an elderly relative or friend, you may want to review Medicaid provisions for some compensation. In all cases, you need genuine affection for the elderly, a lot of common sense, and good knowledge of first aid, CPR, and elderly care basics to excel with this side business idea.
Cities zone areas for different activities to ensure that residents and businesses can coexist harmoniously. Make sure you’re allowed to set up and operate a business out of your home. If you live in an area with a homeowner’s association, verify that the HOA allows you to run a home-based business. Investigate any other city, town, or county laws that could affect your home business.
The German Economist Schumpeter once said that there are “no original ideas”, only new combinations of old ones. Curation of curiosity-fueling content is an intriguing and little-known business model. One of the best success stories out there is Brainpickings – a platform that describes itself as “an inventory of cross-disciplinary interestingness, spanning art, science, design, history, philosophy, and more”. The subscription-based model and successful utilisation of affiliate links have turned the blog into a self-sustaining business.
Without realizing it, I skipped over doing the good work of pinpointing my target market and ideal clients, defining my brand and my offer, figuring out my Why, etc. I studied audience-building and content marketing tactics and put a lot of work into growing a community from the start, but because I wasn’t clear myself on the purpose of my brand, I didn’t have a consistent message to share with that community to build trust and gain their interest in any kind of offers.
It’s great to see so many opportunities at one place. People often say how much they want to leave the corporate world and change the way they earn money but “they can’t”. And I think the reason is fear. They fear that working from home might not work out immediately. There are countless opportunities, if you want to work from home and every excuse is just due to lack of courage.
YouTube is the third largest site in the world, so there’s no surprise that video is becoming one of the main communication mediums for businesses of all types and sizes. If you have video filming or editing knowledge, it won’t take you long to build your clientele. Everything from video production workshops and video editing services to soundtrack libraries and DIY tutorials can appeal to the business world. Producing video might be one of the most attractive online business ideas with lots of creativity and challenges.
If you're a person who loves leaving customer reviews on sites like Amazon, stop doing it for free. Word-of-mouth advertising is still a huge lead generator for many companies, and a lot of businesses are willing to share a portion of their profits with persuasive individuals who will promote their products to the public. If you have a personal website with a large following, this might be easier to accomplish (PR reps are always seeking out brand advocates they can send free samples to). Smart Passive Income breaks down three types of affiliate marketing and explains which one is most profitable.
47. Cloud-based sync-and-share tools: Jill Mayer uses SugarSync, a cloud-based sync-and-share solution. “My husband and I both have home-based businesses, and this service is invaluable to us,” says Mayer, a contractor with Lyman Public Relations. “It not only comes in handy while traveling or if we’re out of the office by giving us access to all of our data right from our phone, tablet or laptop as if we’re sitting at our office desktops, but the sharing and collaboration features are extremely helpful and convenient when working with colleagues and clients.”
#3 listening: I created a community targeted towards what I wanted to write about. I learned by providing value to my audience that what I was writing wasn’t what they wanted. So I rewrote an entirely new ebook the month of January. And every product I’ve launched after that has been in direct response to what my community is struggling with and needs help with.
It’s not very engaging, or mentally stimulating, but taking online surveys through companies like Survey Junkie do pay out (a little), believe it or not. Even if the payouts come in the form of Amazon gift cards, sites like Swagbucks can pay well. Just don't expect to make bank with this side business idea—I recommend combining it with another source of side income from this list of my best business ideas, and turning to surveys in your downtime when you need a little extra income.
You can also use PR techniques to position your brand for media attention. There are several techniques for getting other people to share your work. Of course, blogging is very effective, if you’re consistent. But, I’ve found press releases can also work well. If your press release gets picked up by media experts, you can expect other authority sites to link back to you.
Sure, there are plenty of businesses offering social media consulting services, but you can stand out from the crowd by focusing primarily on networks that are still gathering steam with businesses. Facebook and Twitter are still the top networks, but businesses tend to struggle the most with more visual platforms like Instagram, Pinterest, Tumblr and Snapchat. All of these platforms have huge audiences, but many businesses don't realize how big they really are, how effective they can be and how to make them work for their niche. Snapchat has more than 158 million users per day, according to Business Insider. Instagram has more than 500 million daily active users, according to Statista, and Pinterest has more than 200 million.
If you have the next Harry Potter manuscript sitting in your drawer and the publishing industry hasn’t been kind to you, try self-publishing. Using tools like Amazon’s direct publishing or working with dedicated consultants like I_Am, you not only get the satisfaction of pushing your work out there but also retain 100% of your royalties! Don’t think you can write a good novel? Then stick to what you know – self-help is a money-making genre!
I have owned several Internet business’ and the one thing that I have learned that I tell people is start out small and work to big. Give yourself time to grow, see what works, and build some cash flow. I was so excited and had so many “big” ideas when I started my last business that I flew out the gates with guns blazing. This cost me time and money that I didn’t really have yet.
44. Equipment lease: An equipment lease is a loan in which a lender buys equipment and then “rents” it to a business at a flat monthly rate for a specified number of months. At the end of the lease, the business may purchase the equipment for its fair market value. This option is great for businesses that are making small purchases and have no revenue yet.
Believe it or not, a really easy, frequently undervalued strategy for getting traffic is giving away free content to other websites. Even just two or three well-written articles can generate truckloads of traffic, as long as they don’t contain a sales pitch. You want to include rare, hard-to-get information that’ll lend your articles automatic value–the kind of information that establishes you as an expert in your field.
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. You use their selling platform in exchange for giving them a cut of your sales.
The internet is the great equalizer. In business specifically, it has leveled the playing field. Anyone can start a money-making online business—anyone with a computer, that is. But here’s the thing: no technical experience is needed. You don’t have to know how to build websites—no programming knowledge is required at all. You can also live anywhere you want, set your own schedule, and work as little or as much as you want, depending on how fast or big you want your business to grow. No business or marketing experience is needed either.
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.
“It’s a gazillion times easier if you can dedicate a room that you can shut the door to that really is your space,” Wolfe says. He recommends decorating your office so that it reflects the personality and achievements of your company, using artwork, awards, products, or anything else that conveys your vision. His home office is filled wall-to-wall with rubber ducks, and the space reflects his company so well that he proudly invites film and TV crews in, even though he works at home. “Film crews come in and say, ‘Wow,'” he says.
Bob Lotich has over 10+ years experience writing about Biblical personal finance and is the best-selling author of 5 books including Managing Money God's Way. His writing has been featured on Forbes, The Huffington Post, Yahoo Finance, CBN, Crosswalk, Patheos and others. He has been a full-time blogger and author since 2008 and loves uncovering financial wisdom in the Bible as well as discovering the best ways to help you put more money in your pocket.
Point number 1 is extremely true. You can convince yourself there will always be a better time to launch. The one caveat I would add to part 1 is that you spend at least a little time making sure there is an audience before you spend lots of time building something. You need honest real opinions from people as to whether they would pay for your product or service if it existed. Ideally you are getting paying customers before you have even launched to validate your offering or service. Wasted time can eat you alive. Once you have validation though, Corbett is right. Just launch there is no better time than now. You can fix all the problems later.
#9 blog: So true. I blogged 3-4 posts weekly on my first website in 2011 because that’s what the industry said we should be doing. I sulked when there were no comments. Wondered why we would get a large spike of traffic, but no one would stick around. Applying all the things you’ve mentioned in this list with #1 being the most important, I’ve seen a major switch in my online business. I now have over 169,000 Instagram followers, 46,000 Facebook Fans, and over 130,000 email subscribers. I love what I do and I’m making a difference in the world being authentic and true to myself and dreams.
If you know how to make jewelry, there’s really no reason not to sell it. Handmade jewelry has long held appeal for collectors and admirers alike. The biggest challenge to setting up a jewelry business might be running the business itself—just making beautiful things won’t be enough to sustain the operation. Study up on what it takes to run a jewelry business and then make it happen. A great place to start is online with sites like Etsy and eBay