Here are my picks for the best business ideas you can start right now, while you’re still working full-time.
1-Remote English Teacher/Tutor.
Teaching and tutoring German as a second language is a great way to make a solid side income, not to mention opening doors for you to travel the world if you’d like.Indeed, Learn4Good and Remote.co often have remote German tutoring jobs posted, check back frequently. Then once you land that remote gig, you’ll need somewhere more professional than your dining room table to meet with students—check out this post about how to find places to work remotely.
If you’re an expert at something, there’s likely an audience of people online who would be willing to pay to become an expert in your field – just like you. Lewis Howes shares his strategy for creating and launching successful online courses in this post on his blog, right here.
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. This class with Tara Gentile on CreativeLive will show you how to use your existing body of work to write an eBook within the next week.
Build up a following on your Instagram account and you could quickly be approached by major brands, gear companies, and other relevant businesses that sell products or services related to the type of content you share on Instagram. If you have hundreds of thousands of followers, you can easily charge anywhere between $500 to $5,000 per post or more. Check out this fashion Instagrammer on ThePennyHoarder, making a significant income from brand sponsorships.
If you have something you’re skilled at and very passionate about, you can turn that winning combination into offering your services with one-on-one online coaching. Just be sure to implement your own opportunity management system so you don’t get caught up working with clients that you can’t measurably help. Regina Anaejionu will give you a step-by-step plan for putting your skills and experience to work by developing an online coaching business. Check out her content for a jump start on this career.
If you can create a regular audience for your podcast on a specific topic, this is a great way to get sponsors. At CreativeLive, I regularly pay $50-$250 (or more depending on audience size) per episode for a 30 second advertisement on relevant podcasts like The Tim Ferriss Show, the #1 business podcast right now. The podcast has even helped Tim secure his own TV show. Naturally, it helps if you already have an online audience you can tap for listening to your regular podcast, but that hasn’t stopped thousands of people from building successful businesses on the back of podcasting. Check out this class about how to make money podcasting, which broadcasts for free every month on CreativeLive.
7- Local Business Consulting.
If you’ve developed valuable skill sets or certifications within your industry over the years, consider putting your skills to use in your free time by offering your consulting services to local business owners. Whether you’re an expert marketer, business strategist, or manufacturing aficionado, there’s likely a local business owner who’s willing to pay you to help them solve an issue with their company. Start with this 18-step checklist to becoming a local business consultant from Karyn Greenstreet.
8- Phone Case Business.
There’s a huge growing market for mobile phone accessories, and plenty of handmade sellers are raking in 6 and sometimes 7 figures from their phone case businesses. With turnkey solutions like Case Escape readily available, you can now get ready to go kits that’ll give you everything you need to start your own phone case business. Once you’re up and running, you can sell cases on Etsy, Amazon Handmade, and Fancy. I know one seller who clears around $60,000/yr through Etsy alone.
9-Affiliate Sales and Marketing.
If you already have a website that’s driving in targeted traffic, a great way to make passive income from the content you’re already creating, is through affiliate marketing. ShareASale, Clickbank, Skimlinks and Rakuten are a few of the best affiliate networks and tools that can help you make money from the content you already produce. Check out this extensive list by Justine Grey, covering the 59 Best Affiliate Programs for Business Bloggers.
If you have a knack for connecting with people and the willingness to take on some risk, a commission-based freelance sales role could be a great fit for you. Many startups seek part-time and commission-only salespeople, especially when they’re just getting started, which means you’ll often be able to make this a home based business. Sell for nothing but commission and negotiate yourself a good chunk of equity, and you could profit big time if the startup succeeds. Check out Angel List and see if an opportunity aligns with your interests.
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