Home-Based Business Ideas
It’s everyone’s dream to wake up whenever you want to, roll out of bed, make some coffee and begin your work day. Sounds nice, doesn’t it? No grueling commute or personalities to deal with at the workplace. Just wake up and work!
That’s all possible if you can create a successful home based business, but it’s not all fun and games. It takes hard work and a lot of time and effort out of you in the beginning but the question is, are you willing to put in the sweat equity?
Here are 5 home based businesses you can start today!
1. Resume Editor
A lot of people struggle to perfect their resume before that big job interview, but you can help them with your professional writing service! This could be a cover letter, a resume or something else entirely.
It is not uncommon to charge $100 for a resume review. If you could do four resume reviews and edits per day, you could make $2,000 a week which is just under $100,000 a year!
2. Website Designer
Business owners are notoriously bad at social media and web presence. If you have a lot of businesses in your area, reach out to them and offer to build them a website! The best way to do this is to have them pay you a retainer for ongoing updates and site maintenance.
Consider this. What if you helped 30 businesses build a professional website and each one paid you a retainer of $100 a month for ongoing updates and maintenance? You would be making $3,000 a month!
3. Affiliate Marketing
The idea here is you market someone else’s product for them and earn a commission on each sale you’re able to provide for the original seller. This works best when you have a large audience of some sort on social media. This could be a blog, a YouTube channel or even an Instagram account.
One of the best ways to do this is with Amazon Affiliate Links. In this video, Ryan Scribner will teach you how to make passive income with these links.
Link a product to your blog, YouTube, Instagram, Facebook, etc.
Every time someone clicks on the product and buys it, you get paid a royalty.
There are countless affiliate opportunities out there. The key here is to become the authority in your niche and then reach out to the biggest companies serving these customers. Many of these companies will pay you for referrals!
4. Pet Or Child Care
People love their pets and kids, but many parents work full time and can’t get home to walk Fido. Or they want to go out to dinner but they need someone to watch the little ones.
You might not be able to wake up whenever you please but people will pay a premium for the best care for their loved ones. If you are an animal lover or you are good with kids, consider operating a child or doggy daycare! You will be able to write off a lot of your housing expenses by having a home based business.
Consider having a doggy daycare. Each owner pays you $100 a week and you have 12 dogs that you are watching. That adds up to $1,200 a week and just under $5,000 a month!
5. YouTube Channel
Now, this idea is not for everyone! But if you are a good speaker and you have interest in going on camera, consider starting up your own YouTube channel.
Once your channel becomes established, you can run ads on your videos and collect a check every single month!
You will need to continue to post new content in order to keep the views coming in, but if you enjoy doing this it can be a great way to earn money from home. Take Financial Education for example. He uploads a daily stock market commentary video and typically gets 10,000 to 20,000 views per video.
In a recent video, he shares just how much money he is making on YouTube!
You are reading that right. Jeremy is making over $16,000 a month with his YouTube channel! There are countless YouTube channels out there pulling in over $100,000 a month just in ad revenue.