Best 5 Business Ideas From Home

Introduction:

As an entrepreneur, there are two main ways to start your own business – you can either open your own brick-and-mortar location or work from home and run your business online. Although the latter may seem daunting at first, it’s actually much easier than most people think! And with these five ideas, you’ll have the perfect start to your new business.

1)  Write an eBook

Write a book and make it available for sale online. If you’re already running a successful website, there’s no need to invent something new—you can put your existing expertise into your own ebook. Make sure you understand what works on your site before trying to duplicate it in book form, but once you’ve got that figured out, putting together an eBook is easy. You may also want to market your book as a white paper or distribute it directly to clients if you don’t have time to sell copies yourself. Writing books can be an incredibly effective way of getting exposure and growing your business—if done right. The most important thing is to write something that people will actually buy. It might take some trial and error before you figure out how to do that but keep at it until you do. There are countless resources about writing nonfiction ebooks; one great place to start is Jane Friedman’s Self-Publishing Guide. She offers practical advice about finding ideas, writing an outline, choosing a format (ebook vs print), hiring freelance editors and cover designers, distributing your work, building sales funnels with lead magnets... basically everything involved in publishing a quality product (and making money).

When deciding which business idea to pursue from home, remember: No matter how good your idea is (or how good it seems), know that someone else has probably tried it before you.

2) Freelance For Clients

You don’t have to go into business for yourself to start a business. You can actually make money freelancing for clients; you just need a little bit of startup capital, some savvy time management skills, and one or more side-business ideas. (Ideas might include launching your own website, starting a laundry service, offering English lessons through a tutoring program like VIPKid or Wyzant, etc.) Check out my guide on how to start freelancing part-time while still maintaining full-time employment. It includes tips on setting up your business, finding clients, and even negotiating rates with clients. And if you already have a business idea in mind, it's easy to launch quickly with minimal investment—just ask Elle from Raining Hot Coupons about her experience with making $300 in her first month as a freelance writer. ********** Additional Business Ideas: There are so many different business ideas that you could potentially start with next to no upfront costs – here are some additional ideas: -Build a web presence by developing an informational site or selling ad space on your existing site. -Offer local services such as house cleaning, lawn mowing, babysitting/childcare, etc. -Rent out unused space on Airbnb/VRBO/HomeAway/etc. ********** As always, I hope these business ideas help get your wheels turning and point you in the right direction! Have any questions? Leave them below and I'll do my best to answer them 🙂 #businessideas #businessplan #businessopportunities #homebasedbusinessideas See More

3) Become a Virtual Assistant

Whether you're looking to make some quick cash or a career change, you can start working as a virtual assistant by helping out other people who are trying to run their own businesses. As long as you have a computer, internet connection, and basic typing skills, there are tons of opportunities out there for work—everything from answering emails and running errands to bookkeeping and even dealing with all kinds of social media tasks. And on top of that, many virtual assistants get to work from home or another office location that is flexible with your schedule. 3) Become a Virtual Assistant: Whether you're looking to make some quick cash or a career change, you can start working as a virtual assistant by helping out other people who are trying to run their own businesses. As long as you have a computer, internet connection, and basic typing skills, there are tons of opportunities out there for work—everything from answering emails and running errands to bookkeeping and even dealing with all kinds of social media tasks. And on top of that, many virtual assistants get to work from home or another office location that is flexible with your schedule.

4)  Create An Online Course

Creating your own online course is a popular business idea because it requires little to no startup costs. You don’t need studio space, equipment, or even an audience. One great option is to teach what you know best: If you have more than three years of experience in a field, consider making a video course teaching others what you know. For example, if you have experience in marketing and advertising, why not create an online class about digital marketing? You can use free or inexpensive software platforms like Udemy or Teachable. Or, if you really want to go big with your online course idea (and maybe build up a following before launching), check out some of these examples of highly successful online courses that college students and other creators are using today to make thousands every month.

In fact, creating an online course can be one of the most lucrative side business ideas around—if you do it right. Check out our guide on how to create an online course for more information on getting started and finding success with one of these business ideas.

The point here is that there are many ways to turn your passions into profit—you just have to find them! So whether you're looking for business ideas for yourself or trying to help someone else launch their own venture, start by thinking about something they love doing every day and then finding a way to monetize it.

5) Become A Social Media Influencer

Make money from social media? It might sound far-fetched, but it’s a surprisingly lucrative side business idea. Using sites like Twitter, Facebook, Instagram and Pinterest can help you rake in money through affiliate sales, brand endorsements, and more. And as an added bonus, you can do most of your work from home – you just have to be on your toes (and using your judgment) to make sure you’re not violating any industry rules while doing so. Social media influencer Jordon Maron made $50,000 in one year by building up his YouTube channel and promoting products he believes in. If you want to become a social media influencer and are looking for business ideas, start with YouTube because it is new-age TV and there are no gatekeepers, he says. 5 years ago I never thought I would be able to make money from my videos because I had no audience or platform. But now that I have over 100k subscribers, brands reach out to me all the time wanting me to promote their products. If you want to get paid for your voice, YouTube is where it's at.