People often ask, what is the best home business to start? The answer is: the best home business is the one that meets the most requirements on your list. Make a list of the factors important to you, such as a good income; a flexible schedule; independence; work-life balance.
1. Dance Instructor
Anyone with a background in dance and access to clients can offer dance classes from home. With this business idea you get started either by setting up a studio in your home or renting a space. Or you can offer dance instruction virtually through video courses. Do the administrative work in your home.
2. Jewelry Maker
People love custom jewelry. It meets their need to be different. There are many methods and supplies to create handmade jewelry — including precious metals, gems, beads and stones. Sell jewelry online, at craft shows or wholesale to retailers. Set up an online store to expose your business to even more customers.
3. Copywriter
Advertising and marketing companies are always looking for freelance copywriters to help with creative projects. Set up a home office with a computer. Then apply your marketing savvy to make money. Freelance writing is a home-based business that literally can be global, with clients across the world.
4. Clothing Designer
As home business ideas go, there are plenty of opportunities for designers to create and sell their own clothing from home. Whether you stitch intricate gowns, create hand-painted scarves or design t-shirts, the opportunities for making money from home are almost endless. Many people are willing to pay for unique wearable art. If you have a passion for fashion, and need to make money, make this your business.
5. Ebook Author
Are you an aspiring novelist? Prefer nonfiction writing? Anyone who enjoys freelance writing can turn it into a business as an ebook author. It’s easier than ever to be a self-published ebook author. Amazon is one of the top places to sell an ebook, but there are other platforms also.
6. Massage Therapist
Licensed massage therapists can set up studios in their own homes to meet with clients and offer their services, making it one of the better ideas for qualified individuals.
7. Interior Designer
Interior designer is one of the best business ideas for anyone with a knack for style and design. Offer decorating services to businesses and homeowners. You do not need a physical location to offer this service. You can do much of the brainstorming and administrative work from home and visit clients on site.
8. Home Staging Business
Home staging is a service where you arrange furniture and other decorative elements for clients who need to sell or rent their homes. Work with real estate professionals who want to close sales, also. Ideas like this don’t require a business office, just expertise.
9. Seller of Collectibles
If you have an interest in antiques or collectibles, become a seller on eBay, Etsy, or niche communities. Build a home-based business around collectibles you love. You probably already collect such items, so you know where to find more products to sell. You also know the market prices to charge. Open an online store to showcase your products to a larger audience.
In today’s connected world, where technology affords us more flexibility in how and where we work, home-based businesses come in a variety of forms. Some require you to convert a spare room into a mini-warehouse for products, while others can be run completely online.
1. Buy products in bulk and sell them online
Maybe you recently traveled abroad and came across unique products that aren’t readily available in your market, but that you sense an appetite for. Or maybe you’ve zeroed in on a niche market and know the perfect way to serve it. Either way, if these products are relatively easy to store and ship, you may have some solid home-based business ideas on your hands.
2. Sell homemade products
If you’re a maker yourself (or know someone who is), consider turning that hobby into a business. Even if you have to create your products elsewhere—in a studio, commercial kitchen, or workshop—you may be able to store and sell them in your own home.
3. Start a dropshipping store
Your dropshipping supplier can be local or overseas, but you need to ensure you find a supplier you can trust to deliver a consistently great customer experience after the sale. Always do your due diligence or you might put your business’ reputation at risk.
4. Start a print-on-demand business
Using a similar dropshipping model, a print-on-demand business doesn’t require you to hold any inventory or ship anything yourself. Print-on-demand even offers you more flexibility to customize white label products with your own creative designs. There are many other print-on-demand products you can sell: books, hats, backpacks, blankets, pillows, mugs, shoes, hoodies, and more, depending on the supplier you choose to work with.
5. Offer online services
Creative professionals, like designers or marketers, might freelance or consult with other companies, juggling multiple clients, often remotely from their own home office with occasional travel. Others might operate based on appointments and bookings to offer their services to individuals directly.
6. Teach online classes
Chris Carey, one of the founders of MAPerformance, started his automotive parts and services business from the comfort of home. He began by teaching car maintenance and repair tips to online users in forums. After establishing expertise and trust, people started heading over to his ecommerce site to buy parts.
7. Productize your service or expertise
Gabriella and Andrew Morrison started their home-based business by packaging up their expertise around tiny-home living. They sell courses and plans on Tiny House Build and StrawBale.com—operating everything from the comfort of their cozy, non-traditional house.
8. Grow an audience you can monetize
If you’re a content creator, have a sizable online audience already, or have always thought about starting your own blog, YouTube channel, Instagram account, or podcast, then you can potentially grow and monetize your following using any of the previous ideas on this list.
One of the most time-proven ways to make money online is through your own website. You pick a niche, generate traffic, and then sell your products and services to your audience. Keep reading to learn about different ways to make money online.
1. Make Money With an Awesome Blog
A lot of people start a blog as a way to express their views or as a creative outlet. However, there are many cases of people not only earning a living from their blogs but even turning them into massive companies, like the Huffington Post.
2. Start an Affiliate Website
An affiliate marketing site is built upon recommending or reviewing certain products. For example, Wirecutter was so profitable that the New York Times bought the site for $30 million. There is also Lucieslist, a site about baby product reviews and Outdoorgearlab, a site dedicated to camping and hiking gear reviews.
3. Build an eCommerce Website
eCommerce sites have exploded in popularity in recent years. With the prevalence of platforms like WordPress and WooCommerce, creating an eCommerce site couldn’t be easier. If you prefer dealing with physical products and selling something tangible, then opening up an eCommerce store could be a great fit.
4. Resell Web Hosting
Resell hosting is another great way to make money online. In fact, we offer this service on our sister project Hosting24. Since cPanel is the most widely used tool when it comes to managing a hosting account, it will be easy to attract new users.
5. Create a Digital Course
For example, the online course Learn Scrivener Fast is completely dedicated to helping writers learn the ins and outs of the Scrivener software. Joseph Michael, the creator of this course, uncovered such a need by reading the comments on Michael Hyatt’s blog.
6. Create a Membership Site
Mark Manson runs a popular self-development blog. On his site, there’s a membership portion that gives users access to online courses, videos, and additional article commentary. For fans of his work, it’s a great deal.
7. Sell Advertising Space
There are many different ad networks to choose from. Google AdSense is probably the network you’re most familiar with. With it, you apply to the network, and once you’re approved you can start adding ads to your site.
Passive income is the opposite of active income, which is money earned when you perform a service or when you work full- or part-time and earn a salary, a per-hour paycheck, or earn commissions (like a salesperson) or tips (like a bartender.) While there are dozens of ways to earn passive income, from building a mobile phone app to owning a vending machine, let’s stick to the passive income models at the top of the list of the best money-making opportunities.
1. Sell items on eBay
There’s money to be earned by selling items you buy at a lower price, and selling them for a higher price on sites like eBay (EBAY) – Get Report and Amazon (AMZN)
2. Sell stock photos
There’s a big demand for stock photos online (individuals, organizations, and businesses use them when they create content online.) If you’re a photographer with a backlog of great photos, sent them to stock photo sites like DepositPhotos, who’ll pay a commission for any photos sold.
3. Create a mobile app
Maybe you have a great idea for a mobile app that brings up the best French recipes or the best golf putting tips at the tip of a finger. Hire an app programmer to put it together and sell it on an app store and trigger some passive income.
4. Design your own T-shirts
People love T-shirts, and they like making a statement wearing them. Take full advantage with a tee design-service that caters to a unique demographic, like pet owners, beer drinkers, or home gardeners. You can earn royalties on good tee designs using online sites like Amazon Merch.
5. Rent out ad space on your vehicle
An emerging market these days, companies will pay you to advertise their products and services on your car, van or truck. Connect with a local or national company on a specialty web site like Wrapify and get your logo on your vehicle.
6. Earn cash-back rewards
Make money using your credit card via cash-back rewards, which actually pays you to use your plastic when making purchases. For example, the Chase Sapphire Preferred Card pays you 50,000 points – worth $500, for spending $4,000 in 90 days using the card.
7. Pay down your debts
Money you’re not paying credit card companies and lenders is money you stash right into your savings account. By not paying interest to lenders and using the money to have others paying interest to you, you’re engaging in perhaps the purest form of passive income – and enriching yourself in the process.
The truth is there are real ways to make money online – millions of people are doing it each day. From freelance digital nomads to savvy marketers to rising entrepreneurs, there are plenty of business ideas you can try at home using your laptop and a solid internet connection. So let’s break down how to make money online… the real way.
1. Review Websites, Apps, and Software
If you’re passionate about user experience, User Testing pays reviewers $10 to give other entrepreneurs feedback on their websites and apps. That’s one fast way to make money online. Your video is only 20 minutes in length so if you do 3 videos per hour you’ll make $30. It can be pretty competitive so you have to act fast when a new website or app is added to be reviewed.
2. Get a Part-Time Job
They can be really successful over the long-term too. But if you’re struggling to make money fast enough, you might need to apply to a part-time job in your field. You can browse part-time jobs on job bank websites like Indeed, Monster or a job website for your industry.
3. Sell Your Designs Online
You can go the print on demand route and sell your designs on your own custom products. Or you can pitch your designs on a crowdsource platform like 99 Designs. You can create your own graphics, templates and more and sell them on marketplaces like Graphic River or Creative Market. Or you can pick up some clients and work as a freelance graphic artist.
4. Sell Domains
You can sell your domains on Go Daddy’s Domain Auction. Look through the domains with the highest bids to see what type of domains sell well. It’ll help you know whether or not the domains you have are worth selling and how much money you can make selling them.
5. Sell Your Clothes Online
Whether you sell your clothes, handbags, or shoes there are quite a few websites that allow you to sell your used fashion items. Poshmark, Refashioner, TheRealReal, ThredUp and Tradesy are a few of the online sites where you can sell your used apparel.
6. Sell Your Photography
If you’re looking for more photography clients, you can use a site like Scoopshot. However, if you’re looking to monetize your phone photography you can use Foap. Learn more product photography tips to help you start making money with photography.
7. Become a Twitch Streamer
Twitch streaming is becoming increasingly popular. While it started out as a gaming platform, it’s quickly evolving to include other types of content. To make money fast on Twitch, you’ll need to grow your following. If you’re unemployed, spending your entire day streaming on Twitch can help you build a sizeable audience fast.
Finding a part-time job can be tough at the best of times – not least when you’re looking for one that’s flexible enough to fit around your studies and other commitments. But that’s where Fiverr comes in. Fiverr is an online marketplace where freelancers can advertise their services. While you can use the site to find gigs that help with student life, it’s also a great way to make money.
1. Freelance web research
Web researching is one particular time-saving gig that can see you getting paid for your patience. If you’re happy to also do other digital admin tasks like data entry alongside web research, it’s worth advertising your gig as a ‘virtual assistant’ role – this is a common way to make money on Fiverr.
2. Design eBook covers
Being able to spot and capitalise on trends is a very useful skill when it comes to making money as a freelancer. For instance, self-publishing has exploded in the last decade, with thousands of authors plumping for eBook formats to make money from their writing.
3. Sell your social media skills
If you’re a natural at building online followings and creating viral posts on social media, your skills could be incredibly useful to businesses – it could be the perfect way for you to make money on Fiverr. You could also do picture sourcing/editing tasks, or even offer to start up social media profiles from scratch.
4. Proofread student essays
Particularly around dissertation deadlines when students are under heaps of pressure to get their essays finished, having other people proofread their work can be a godsend.You could offer proofing and editing services, bibliography and citation checking, or presentation and layout packages.
5. User testing
If getting insider access to future trends appeals to you, user testing is definitely worth a look. When doing freelance user testing, you could be required to give feedback on everything from websites, games and apps to customer services and complaints.
6. Teach your hobbies
Whether you’ve taught yourself fluent Spanish or your parents made you do piano lessons every Saturday for five years, there’s someone out there who’ll pay to learn from you. If you’re interested in teaching on a freelance basis, think about what you’re interested in and knowledgable about – your niche could be anything.
Since I started working from home, I’ve learned a lot of fantastic online jobs that pay weekly, even daily or multiple times a week. Even better, there are numerous online jobs that pay weekly or daily and could make you as much as $1000 per week!
1. Freelance Writing
Freelance sites, such as Freelancer, Guru, Upwork and Fiverr, are also great places to start when you’re a beginner. I earned over $70,000 through one of these sites in my first three years freelance writing part-time.
2. Transcription
Transcription is another nifty way to earn an income from home. You just need to listen to an audio file, type what you hear real quick and proofread your work. You’ll find numerous typing jobs that pay through PayPal in various platforms, including Babbletype, Rev, Quicktate and TranscribeMe.
3. Micro Tasks
One of the best places to make money doing micro-tasks is Fiverr, a platform that awards $5 for every task. You may be thinking, “$5 is nothing!” or that “$5 is not worth it.” Well, there are many people who’ve created successful businesses on platforms such as Fiverr. Other places to look into are ClickWorker and Amazon MTurk.
4. Appointment Setting
One of the most popular platforms that provide appointment setter jobs is Blue Zebra. It pays around $10-$25 an hour plus bonuses and incentives. Working as an appointment setter at Blue Zebra is one of the best work-at-home jobs that pay good, and payment are deposited weekly to your bank account.
5. Customer Service
The great things about this job is that not only do you get paid to work from home, you can also work for a couple of clients, thus increasing your income. Look into Kelly Connect, Infocision and Upcall as they’re some of the top companies that provide legit work at home customer service opportunities. You can find lots of virtual receptionist opportunities on job boards like Flexjobs.
6. Swagbucks
Swagbucks is a rewards site or app that pays you for answering surveys, playing games or watching videos. If you like sharing your opinion or want to help companies improve their products, then you might enjoy answering surveys via Swagbucks. You can withdraw your earnings anytime via PayPal or redeem them as gift cards.
7. Ibotta
I’ll admit, this isn’t one of those real online jobs that pay well, but it does give you money you won’t have to work for. You can realistically earn $20-30 per week from Ibotta for buying groceries you would buy anyway.
8. Inboxdollars
Completing surveys with InboxDollars and other survey sites isn’t the highest paying online jobs. I don’t even consider it a job but if you are looking for super easy “jobs” that pay daily or jobs that pay weekly, then sites like Inbox Dollars are worth a try.
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My journey started the same place as yours – searching the internet for a way to live a better, more fulfilling life. I made a ton of mistakes along the way, mostly because of the terrible information on the internet.
I’m going to give you the advice I wish someone gave me when I was first starting out.
This is not a how to guide – it’s a list of legitimate ways you can start making money online, remotely or as a side hustle.
I strongly suggest you watch the video below. There’s a TON of expanded that I don’t cover in the written guide.
1.Multi-Level Marketing (MLM)
I do NOT endorse MLM programs. I only put it on this list because so many beginner’s get reeled into them.
I’m not here to bash anyone, but MLM programs are generally pyramid schemes hiding behind a product. Anytime you make more money bringing people into the system as opposed to selling a product, it’s not a business you want to be in.
There is a bright side, however – MLM can teach you valuable skills such as sales, networking and how to effectively use social media.
That’s all I want to say about MLM programs (if you have questions, leave me a comment) – let’s move on to a more legitimate way to make money online.
2. Platform Selling
If you have zero experience, start here. “Platform selling” refers to flipping items on marketplaces like eBay. I made my first dollar online buying and reselling Jordan sneakers on eBay for a small profit. I started by saving some money to buy the newest Jordans when they released. After they sold out in stores I’d flip them on eBay for 2x the price.
There’s nothing like making your 1st dollar online – it’s exhilarating.
Here’s some more examples of platform selling.
Selling stuff on eBay or Craigslist
If you have old sneakers, clothes, or gadgets laying around, selling them on eBay or Craigslist is a good way to make quick cash.
Renting on Airbnb
If you have an extra basement or room in your home that you don’t use, renting out that space on Airbnb is a great way to make quick and passive income.
Selling on Fiverr
You can sell microservices or skills such as graphic designing, video editing, writing blogs, etc on Fiverr.
Selling with Amazon FBA
You can sell products on Amazon by sending your product(s) to them and from there, they handle everything for you from selling the product to shipping it. It’s pretty automated because Amazon handles all of the dirty work so I recommend doing Amazon FBA if you are just starting out.
Pros:
These are great ways to get started because there are low barriers to entry (low cost, low knowledge)
You can make money with your existing assets
Cons:
Challenges with scaling past a certain point
Labor intensive with a low upside
3. Affiliate Marketing
Affiliate marketing is when you sell products or services offered by other companies.
For example: if you’re an affiliate for Nike, Nike will give you an affiliate link that you can promote and send to people. If people buy Nike’s products through your link, Nike will pay you a commission.
Pros:
You’ll learn important skills such as SEO, social media marketing, content creation, etc
You’ll learn how to setup and build a website
“Passive” income stream
Cons:
Affiliate marketing has low conversion rate
You need a lot of traffic to make it work, mainly from Google search (which is hard to get)
If generating traffic is a skill you already have, you may want to consider selling online advertisements.
4. Online Advertisements
If you generate enough eyeballs, you can sell advertisements. There’s a number of places you can monetize with ads.
Your blog
You can allow banner ads on your website through an ad network like Google Adsense. You will get paid based on the impressions served to visitors – the more, the better.
Email list
If you have a large list of emails you can monetize through sponsored email blasts.
Being an influencer
If you have a large following on social media (mainly YouTube and Instagram), you can accept paid advertisements to promote on your accounts.
Pros:
“Passive” income stream
Lucrative advertising deals if your audience is big enough
Cons:
These methods only work if you have a large following
It’s not sustainable, you run the risk of burning out your following
Because of that, let’s talk about another way to make money online, and that is selling services.
5. Selling Services
The previous methods mentioned are good, but this is where I made my big break. I was able to build and sell an SEO agency for 7 figures solely because I possessed skills the market needed.
If you have a skill that you’re really good at (i.e., Facebook ads, graphic design), you can:
Sell that as a consultant
Do part time contractor work
Offer micro services
Start an agency
Pros:
Cash up front for your work
High ceiling for growth
Monthly recurring revenue streams
Cons:
You need a TON of knowledge in a given subject to monetize it, this takes years
Scaling the business requires human capital – it’s really, really hard to manage with no prior business experience
In addition to selling services, you can take that skill of yours and teach it to other people through creating and selling an info product.
6. Info Products
Selling info products isn’t for beginners and you have to actually have accomplished what you are teaching.
If you wouldn’t buy a course from someone that has never done what they are teaching, then you shouldn’t teach something you haven’t done yourself.
After I sold my agency, I had enough of a reputation to teach people the skills I used to grow my business.
A screenshot from The Blueprint Training
Once you have that established, you can use websites like Udemy or Teachable to create your info product.
Pros:
Insanely high margins
“Passive” income
Cons:
You need a TON of knowledge in a given subject
You need a personal brand or story to make significant money in the space
7. Ecommerce
You can start an e-commerce business through a platform called Shopify which allows you to dropship products.
Dropshipping is a business model where you upload products from a manufacturer (usually from AliExpress) onto your website for a price higher than what the manufacturer is selling it for.
For example, you can take a phone case from AliExpress that costs $3 and sell that same phone case on your website for $20.
You could also buy the products and sell them as your own, using a more traditional Ecommerce model.
I started an Ecommerce store that sold shoelaces. I’d buy them from China for $.50 and retail them on my site for $6. If you’re interested in Ecommerce, watch the case study below.
Pros:
Scalable business model with huge upside and potential
Cons:
Requires capital to get started (financing inventory)
Requires advanced marketing skills to generate revenue
If you do have the capital and skills, you might also want to consider starting a software company.
8. Software
Although there is a high barrier of entry when starting a software company, it is more passive than the previously mentioned methods because you don’t have to deal with a lot of people and you get paid while you sleep.
A screenshot from Capture & Convert
Pros:
Unlimited scalability
Reputable
Good profit margins
It’s the future
Cons:
Requires capital to get started (development costs)
Requires advanced business, marketing and technology skills
This is an ongoing process
Once you start growing a business and making money online, there’s a four step cycle that progresses as you develop…
Learn
Take Action
Adjust
Invest
Learning
When you’re starting out, you have to be constantly learning, absorbing information, and you have to be patient. I’ve been in marketing for 8 years and I’m still constantly learning.
After you learn a skill or learn about your business, you have to start taking action.
Take Action
After you learn and develop skills, the most important thing is to actually take action and make that first step. A lot of people hesitate and wait for that “right moment,” when really you should start implementing what you learn right away.
After you take action, you’re most likely going to fail so it’s important that you make adjustments.
Adjust
You’re going to fail no matter how prepared you are. When in adversity, you have to look at what went wrong, look at failure as feedback, and then you have to make adjustments.
After you make those adjustments, you have to invest.
Invest
No matter where you are in your career, you have to continuously invest in things like your education or platforms/tools like Shopify, courses, etc. Then you start the process again and go back to the learning stage.
Learn how to get paid to answer questions in 2017 with 16 ways to do it. Go to http://selfmadesuccess.com/paid-answer-questions/ for video notes, related content, tips, and helpful resources mentioned. Let’s Connect! Twitter – https://twitter.com/MrJustinBryant Google+ – https://plus.google.com/+JustinBryantentrepreneur In this video, you will learn how to get paid to answer questions in 2017 using 16 ways. Sometimes websites like Yahoo Answers and Quora just aren’t enough for the more complex questions people have. Enjoy the video and let me know what you think in the comments below! https://www.facebook.com/mrjustinbryant
