The advance of the internet has democratized admission to the world of entrepreneurship.
From virtually anywhere in the world (provided internet access), makers can launch real, viable businesses capable of generating tens of millions of dollars a year.
While technology has lowered the barrier to entry to starting a business, there is still an infinite supply of problems just waiting to be solved.
With tons of ideas out there, what does it really take to build your startup (besides a bit of luck and correct timing)?
Execution. You just have to start. No one is going to come and build your company for you. But…where is the best place to start?
I’ve pieced together 10 business ideas that I am confident are worth millions.
Any of these could be an awesome starting point to get your business off the ground.
Companies are always in search for branding that tells people about what they do.
If you can follow company guidelines and customer needs, all you will need to get started is a computer and applications such as Photoshop or Illustrator.
Types of media you will be responsible for creating include:
- Information sheets
2.Blogger or Vlogger
Are you an expert in a specific field? From travel, fashion, cooking, to entertainment, and removal services, if you know how to do something particularly well, why not tell the world through a blog or vlog?
All you will need is a computer and a good quality camera.
You can make money by offering advertising space and reviews of products on your platform.
3.Online Photo Selling
If you are a professional photographer or just have a deep-rooted passion for it, you can make money from your pictures on photo selling websites.
All you need to get started is a camera, preferably a digital SLR with a minimum of 8 megapixels, and a computer.
Once you have established yourself on websites such as GettyImages.com and Flickr.com, you can setup your own website with a list of your watermarked images and their price per unit.
4. E-commerce Store
If you have a great product, but no money to invest in a physical storefront, staff, and bills, why not set yourself up online?
Aside from the lack of huge monetary investment and time commitment, the marketing opportunities online are endless.
Also, although a storefront is great for branding purposes, it does limit the size and scope of your audience. By setting yourself up with an e-commerce store, you can:
- Sell to anyone in the world
- Have a store that is open 24/7 (meaning you literally make money in your sleep)
- Run promotions easily, whenever you want
- Cross-sell between your marketing and social media platforms and your website
- Run marketing campaigns through Google and other platforms
5. Video Production
There are a number of ways you can use videography to create your own home-based business.
There are so many people wanting to become YouTube celebrities who don’t have the skills to upload high-quality, well-edited videos. Other services you could offer include:
- Vlog editing
- Creating music videos
6. Event and Project Planning
Event and project planning can be done remotely, but having a hands-on approach and offering your services in your local area will be more beneficial to you from both a quality control and monetary point of view.
You can start this business from the comforts of your home and meet with clients in restaurants, cafes, or at their office or home.
7. Laundry Services
If you are looking for a way to make money at home without the need to learn new skills, home-based laundry services are easy to offer with the possibility for expansion in the future.
The most complex part of the process will be establishing whether or not you need licensing to start this business from your home.
This will depend on your location and the size to which you plan to grow your empire. Otherwise, all you need to do is:
- Keep track of your sales, expenses, and general bookkeeping
- Establish how much you will charge
- Decide on how the payment process will take place (e.g., before or after you complete the service; in cash, or via card, bank transfer, etc.)
- Create a website and other marketing materials to get your name out there
8. Personal Driver or Taxi Services
This is an especially easy business to start if you live in an urban area, as many businessmen and women prefer having a driver to go to and from work in order to make calls, schedule meetings, and generally work on the operational aspects of their companies during that time.
On the other hand, if you are looking to start a business that is more like a taxi service, why not become an Uber driver? To become an Uber driver, you need:
- A decent car
- A clean driving record
- A smartphone
- To be 21 years or older
- At least 3 years’ driving experience
- A background check
Some of the main benefits of being an Uber driver are:
- You can create your own schedule
- You don’t have a real boss
- You will benefit from “surge pricing” regularly
- You’ll meet new people every day
9. Hairdressing or Makeup Artist Services
If you have worked in a salon before or just know how to cut hair but do not have the capital to open your own business, you could start one from home.
All you need to do is make sure you comply with all your state’s requirements for opening a salon in your home. That said, once you’ve got yourself up and running, you could earn anywhere from $22,500 and up.
You could also offer other beauty treatments, such as:
- Hair coloring
- Hair extensions
- Manicure and pedicures
10. Interior Designer
Both homeowners and business owners look for interior design and home decorating services in order to make the vision for their space come to life.
Having a degree or certification will help you understand the different functions of a home or office, but it is not legally required in most places.
You will be able to do most of your research from the comforts of your home, but you will need to get to know your client in order to understand how they want to use the space.
Consider asking questions like:
- Is it for adults or children, or both?
- Does the space need to be pet-friendly?
- What is the purpose of the room?
It may seem daunting to leave your 9-to-5 grind and start your own business, but by doing so, you are giving yourself a newfound level of freedom while doing something that feeds your passion(s).
The internet has made it increasingly possible for you to brush up on your skill set or even learn new ones, leaving you with the opportunity to start a business easily and cheaply. Good Luck