But for some, a successful career as a real estate salesperson is only the beginning. If you aspire to start your own real estate brokerage, whether it’s a highly-specialized boutique or part of a big franchise, you need to start with smart planning, thorough research, and expert follow-through. Follow these tips from practitioners who have branched out on their own.
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.
Do you love empowering women? Start your own series of conferences or in person retreats for women. Will involve recruiting speakers, vendors, and sponsors along with event planning, marketing and a lot of dedication. You can read Trish Morrison’s story here.
You have an eye for clothes and know what styles look best on what body types. So turn your passion for fashion into a business by becoming a personal stylist/shopper. You’ll feel good about making others look great.
Video Production: If videography is your hobby, this is a great business idea. You can offer to make, edit and download videos (online or to DVD) for your clients. You will need professional equipment. Display your portfolio on your own website.
Public notaries primarily serve as validators of, and impartial witnesses in public legal documents, especially those related to affidavits, oaths, deeds, estates, special-powers-of-attorney, and business agreements. Depending on the state, a full-time notary public earns an average annual salary of $36,000, which makes it a great business idea to do as a side hustle as you bring in money through other ways. If you want to get started with this business idea, here are the requirements and steps you need to consider in the US.
This is a great time for a concierge business or errand business startup. In many areas where there is significant development in the luxury market (residential and commercial), you will find increasing opportunity for concierge service providers. I remember my first job as a residential concierge, which helped me start a concierge business from home. The knowledge I acquired while employed by an established concierge business set the groundwork for my long-term career as a concierge business entrepreneur and author.
Despite her hectic schedule, Graziano finds time for her favorite hobby: fencing. She’s competitively fenced competitively for seven years and says, “It’s a great outlet after showing homes or fierce negotiating all day.”
The final piece of the puzzle to setting up an Amazon FBA business is how you get your stock in bulk from the factory to the FBA warehouses. On the surface, it can be very complicated. Every country has different customs processes and Amazon have some pretty complex requirements for how they need your items to be delivered.
Well, the biggest ‘con’ is that you don’t think that you need to change what you’re doing when it comes to running your business. And the biggest culprits are people who’re already ‘doing OK’ in their chosen field. But hey! Who wants to simply be ‘doing OK?’ After all… If you work for yourself, you want to be set free from those 16, 18, or even 20 hour days, and have the freedom to enjoy your life along the way. Not to mention seeing the profits hit the 6-figure mark…
When searching add the word ‘OEM’ to the end of your search. For instance “Flashlight OEM”. It stands for ‘original object manufacture’ and should filter out all the re-sellers and give you the factories that actually manufacture the items.
Define your product or service. Starting an online business gives you the benefit of having access to millions of customers, but you also have a lot more competition. No matter what you’re trying to sell, you can bet that hundreds more online retailers have a similar idea. What differentiates your product from other similar products? To help your product stand apart from the rest, you’ll need to find a niche.
Make sure you are buying items that are highly sellable, meaning that you there is a large market so you won’t have to wait years to find a buyer. And be disciplined enough only to buy items that allow you plenty of markup for resale. Specialization, or at least having most of your products fit your specialization, is highly likely to increase your chances of success.
If you love to cook on a grand scale, why not start a catering business out of your home? How much you make depends on the scale of the assignments you take, and your ability to correctly decide how much your materials will cost. But this is also an industry where you can start small and work you way up to bigger gigs—and profits.
Families are looking for expert photographers to preserve memories and milestones in their lives, whether it’s their baby’s first Christmas or Aunt Dorothy’s 80th birthday. Photographers can take clients in the comfort of their own home, provided they have the space and the studio equipment available.
I think it’s very empowering for a stay-at-home-mom (or anyone, for that matter)to know that there are more than 100 ways to make extra money from home or even create a full-time income. I say “more than 100” because, as extensive as your list is, it certainly did not cover all the possibilities.
Great list! I work as a Survey Taker and Singer from home. I enjoy writing and look forward to starting a freelance writing career. If you have any advice for me I am open to it. I am a beginner. I write poetry, songs and enjoy topics on family and entertainment such as movies.
Once the technical parts of the site are set up, you will need to choose an overall design for your website. This includes setting up the theme, headers, product categories, and more. You will also need to organize your products into categories, and decide whether you want to include sections such as About Us or a company blog to attract customers to your site.
Someone out there is remodeling their kitchen and needs to know which shade of granite will match best with mahogany flooring. That someone will often be happy to pay you for your advice, especially if you’re the kind of person that subscribes to websites like Contemporist and you have the motivation to turn this business idea into a money-making enterprise.
Absolutely. After investing years into their companies, most business owners are dismayed to discover that they really only have jobs. Self-employment has its benefits. But if you want to get rich in your business, you need to do business very differently than the average business owner.
5. Action: While I think learning is great, there comes a time when it becomes irrelevant. At some point you have to stop buying courses and reading more books. You have to apply what you’ve learned to get real results. You have to take action. You have to constantly ask yourself what you can DO with what you’ve GOT.
Like recycling, this side business idea requires the willingness to get your hands a little dirty. If you enjoy working outdoors, then you can make a pretty good side income cleaning up litter outside retail, office and industrial properties—especially for businesses that have large parking lots that need regular cleaning. Property management companies need their properties maintained litter free and you can do so with an on-foot service using inexpensive equipment like this cheap pick-up tool and a broom. Charge for your time at $35 – $50 per hour and bill your clients the same contract price each month. For even more on how to get started with a litter removal side business idea, check out Cleanlots.
From there, you need to learn which tools, resources, and feedback communities you can use to accelerate the pace at which you’re able to launch. Check out these 101 essential tools and resources I use to launch profitable side hustle businesses.
Starting a business with no money means that you have to learn to do things that you would normally delegate to an employee or an outside company. I agree that it’s exhausting to do all the work yourself, but you don’t have the budget to hire help. Doing everything yourself you will be able to put every dollar back into your business. It will be tough, but it is the only way to build up a cash reserve when you start a business with no money.
Career Coach/Advisor: Have you always been the one people come to for advice? Why not use that skill of listening and mentoring in a career coaching business? If you are good at counselling, use your network of contacts to get clients.
However, success with this company was not instant, taking up over 3 years of work with the business, he finally achieved the millionaire status. During that time he has learned many tips and tricks that he shares so that you can replicate success for yourself.
Do you have a shoe fetish? Take your love of shoes and create one of kind designs – either sell them online, in specialty boutiques or take them the direct sales route. Make sure to check out Lizzie Lou Shoes and fibi & clo for inspirational shoe designer stories.
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.
Excellent article, thanks for the hard work. This must’ve taken quite a bit of research time. I fit in at Number 25 as a Pro Blogger, and can confidently add that it will not be easy. I can however assure you Blogging will be SO worth it, once you get the hang of it.
Once you have a targeted idea for your business, your next job is to do the research. You have to make sure that your great idea will thrive in your market. If it doesn’t, you may need to fine-tune your plan. And that’s something you want to do before you start spending money on the business.
If I am running low I will fly in some emergency stock, but the majority I send by boat. On your initial order you could always send a small amount, say 60, by plane and the rest by boat. That way you can be up and selling much quicker.
Parents are often seeking out instructors to help their children develop musical talent. Sure, some parents may be just trying to make their kids appear well rounded on college applications, but there are also plenty of students looking for a rewarding skill to last them into adulthood. If you have some musical skills, considering taking on pupils for music lessons. Since you’re teaching a specialized skill, you can earn a decent hourly rate. The more specialized the instrument, the better (you can probably charge a fair bit more teaching the French horn than the piano). Consider doing home visits; you may be able to charge an even higher premium.