Profitable Business Ideas for People who work from home

Profitable Business Ideas for People who work from home

In article, we gather some of the most interesting business ideas for homemakers, such as for housewives who do not have the time to spare for a full-time job.

We will begin with:

  1. Often-heard business ideas
  2. Some not-so-often-heard business ideas
  3. Case Studies

 

Join Affiliate Marketing

There are so many companies which want to open the foreign market, at this moment, they need the local affiliates to help them to do the marketing with paid commissions.

So you can select some products, and be their affiliates. The more you sold, the more you can get in the near future.

 

Drop-Shipping

There is another way to start the business, that is, drop-shipping.

Drop-shipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock.

Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product.

 

Build an Online Store

You can also open an online store in the internet. Through some online marketing methods, you can operate the business very well, such as, blogs, forums, social media, SEO & SEM, articles, press release, B2B and so on.

More people are now enjoying the convenience of buying things they need over the internet and having them delivered at their doorsteps—without leaving the comfort of their homes.

If you have what it takes to start your own e-commerce store, then you should consider starting as soon as possible.

 

Blogging

It is safe to classify blogging under info tech industry simply because the internet is the major tool required to blog; blogging is all about educating or passing information to people via an internet portal.

Blogging is one of the means several people all over the world are making money from the internet. Blogging is all about creating usefully and perhaps educative content for a targeted audience on the internet.

 

Some other ideas which are considered bizarre, but profitable:

 

Real time Twitter deals

It can be difficult to find great specials in a mall without visiting each and every store to see what they have.

Imagine if each of the stores could tweet real time specials to a single account, like @localmall, offering huge deals for a limited time. Customers watching their smartphones could be the first to reach a blowout sale.

Now imagine being the entrepreneur who goes to all the stores and explains how this works. Stores could sign up for free, and tweet to the mall’s real-time deals account (which you provide), but subscribe for premier accounts that allow for images, more tweets, promoted tweets, etc.

All you have to do is set up the tweet management system and promote the concept (and give us 5% when you sell for millions.

 

Mobile corporate coffee barista

You could get office workers to put in their orders ahead of time via a website or app, and fulfil those orders when you arrive. Then, on to the next office.

Come back in the afternoon to give everyone a much needed boost.

 

New meme promoter

New memes pop onto the scene from time to time as they grab the attention of the big social networks and go viral. A good example is ‘Grumpy cat’.

Often, there is a substantial amount of money to be made by capitalizing on the popularity of these memes. And, the people responsible for setting new memes in motion aren’t necessarily equipped to generate revenue from their new-found online popularity.

Identify and promote new memes, helping them to go viral and generate profits – taking a performance based cut for your efforts.

StartupStorey Entrepreneurship Guide

Classified Sites

Classifieds site have a bright future as more and more people in world are using Internet to search for products and services locally.

Classifieds was already a huge market before Internet came to the forefront. Buying used goods like Furniture, Mobile phones, Musical Instruments and plenty more become a walk in the park due to emergence of online classifieds platforms.

 

Innovative Organizations Will Invest In Mentoring And Engagement For Remote Employees

As more businesses employ telecommuting strategies, it is easy to overlook employee development and training. Top performing companies will make a commitment to electronic tools to teach, monitor, and even mentor team members regardless of physical location.

These tools will enable team members to learn on their own schedule and get on-demand support whether it be technical issues, strategy, or sales tactics.

This type of career development will lead to more engaged employees, and will help to improve recruitment of millennials who tend to value skills development.

This will extend beyond just learning, but will provide tools to verify concepts, tie to additional clarification, and will track and report on progress to validate the investment.

This also means meeting your employees and customers where they want to find you. Many individuals extend their learning outside of traditional models.

 

Call centres

Designing, building and maintaining call centres is a business in the info tech industry that is profitable and thriving going by the numbers of call centres that are established in the United States.

For this, you would need some IT certifications and trainings before you can successfully run this type of business.

The business involves call center software applications development and installation, and hardware installation as well.

 

Sale and servicing of IT equipment and machines

IT gadgets like servers, computers, fax machines, and routers et al are all machines that once in a while need to be serviced in order to enable them perform effectively and efficiently.

Thus, if you have related info tech training, then you should consider going into the sale and services of IT equipment and machines.

All you need to do is to be aggressive in marketing your services especially to corporate organizations and SMEs.

 

Online Library

You can start your own online library (e – library) and attract membership from different parts of the world.

People pay registering fees and of course membership fees to make use of online libraries. If you’re looking towards starting a business in the info tech industry, then starting a well – equipped, then the library is one of your options.

 

Manufacturing computer & cell phone accessories

This is another thriving and profitable business in IT world. There is a large market for computer accessories such as laptop batteries, HDMI cables, webcams, external memory drives and cell phone accessories such as earphones, batteries, chargers, Bluetooth devices etc.

So, if you are looking into starting a business in tech industry, then this is one of your options.

 

Developing and selling software applications

In the T arena, one of your options is to start developing and selling software applications; there is a large market for software applications.

There are several smartphone apps that are very useful for our day to day activities. With the help of web developers or smartphone app developers, your business can get rolling.

Startup Storey Entrepreneurship Guide

Web designing services

Another thriving and profitable info tech related business that an entrepreneur can start is to offer web designing services.

Statistics has it that there are well over 350 million active website on the internet and it is not enough to meet the demand of people visiting the internet; there are still pretty much to learn from the internet hence people are opening new websites on a regular basis.

 

Cloud computing

Cloud computing place emphasis on web-based applications. It involves storing information in and retrieving it from remote but secure web-based servers, thereby allowing users to access information on the go without necessarily having to be with their office computers. There are huge profit opportunities for businesses that offer cloud-computing services.

 

3D printing

With 3D printers, it’s possible to print the 3D model of an object from plastic, metal, or any other material. And not only can you see the output, but you will be able to touch it. Yes, that’s the next big thing in the print industry.

 

Start a Cleaning Business

Recommended by one of our readers, John G.

My wife started a home cleaning business a year ago with $1K and it’s growing gangbusters.

They were profitable the first month and now do over $30K/month in sales with gross profit margin of 50%.

Since there’s very little overhead, she and her 2 business partners share the gross profit. Each person gets $5K+ per month.

If she replaced the 2 partners with full time employees, she would net $8K per month.

All workers are real employees with higher than average wages. No one is subcontracted. No one is paid under the table. Everything is done by the book. That’s very important.

 

A few things:

Everyone wants a clean home. Some will pay handsomely for it.

Quality and customer service are king. If your teams show up on time, do awesome work, and everyone’s friendly and responsive, then there’s no need to be the cheapest. You will always have customers.

Automation is critical. It helps reduce the administrative workload (website, calendar, payment processing, accounting software, payroll, etc is all tied together) and helps you scale.

All leads are generated from social so easy to start and stop at any time.

My wife is an attorney. Didn’t know much about cleaning nor starting a business. But she does now!

The cash flow from a “mundane” business like this one can be used to acquire other investments, like real estate rentals.

You can even build the business and sell the company for a nice payout.

 

Don’t know where to begin? Take a Personality Test!

If you’re thinking about starting a business and don’t know where to begin, it is important to conduct a self assessment of your skills, innate gifts, and past work experience to determine what direction you can take your business.

Knowing your innate gifts, strengths and weaknesses And using The Internet makes it possible to carve out a niche path towards building a business or a career that is based on value for the customer while making you feel that you have purpose in life.

It is important to assess your natural skills and personality type so that you can focus on what you’re naturally good and gifted at.

You will want to harness those skills, perhaps take online courses to educate and learn about how you can utilize your gifts and get paid for it.

In Google search bar type in “”free personality tests”, “Myers Briggs”, here’s an example:

Some people spin their wheels pusuing “jobs” or roles thst are mismatched resulting in job hopping,frustrations, low self esteem and go thru life existing and surviving but not enjoying “work”.

if you are technically inclined, consider offering social media services (set up services, or strategy and planning, or ongoing social media management); website development – learn how to build a website with WordPress; or learn SEO; there are many classes on Udemy Online Courses – Learn Anything, On Your Schedule or Virtual Assistant Training Center that will provide detailed training over each area.

Training and education is important before embarking on any type of business. As you go thru each course you will begin to form a vision of yourself and will see where you gravitate to and what gets you excited!

Startup Storey Entrepreneurship Guide

Before embarking on any role, Understand and define your Personal and Professional Branding.

What solution are you providing to a specific problem?

What do you want to be known for?

Do you want to be the “go to” person for specific services ?

Who will benefit from you and your services?

 

Once you decide on what business snd services you’d like to provide, develop packages and set fees; how will you get paid?

You can use PayPal for generating invoices and make it easy for people to pay you. Or use Squareup.

Both tools are mobile friendly and Square also allows you to create a store.

Set up a branded online presence with a single theme, mobile responsive website that lists the value proposition of your business, packaged and fees and make it easy for the visitor to contact you.

Set up social media and list your business in local directories. Marketing your services through Social Media will help build your audience so consider what their pain points are and provide solutions thru educational content, short videos, inject humor if it’s appropriate, and offer deals

 

If all this is too much to deal with – keep it simple.

Some who travel frequently need someone to get their mail, water their plants and walk their dogs For days and weeks at a time.

Here you have a chance to get new clients, build trust and credibility with them, and have the flexibility to work when you want to work.

if you love to be outdoors, select a role where you can spend time outside. Dog walking, Landscaping, Tour guide etc are some to consider.

Visit websites of the services you’re thinking of offering and learn how those businesses use their website, blog, social media and local marketing to attract customers and engage with them.

These websites should give you an idea of a niche service that you can offer or complements other providers.

Keep in mind – you would need to get a business license in the city you plan to work in, under the Care website you can buy insurance and allow them to do a background check so you are an easy and safe hire, and you can upgrade to be seen above the free profiles.

Strawberry Startup

Conclusion

Great business ideas ultimately comes down to solving a painful enough problem for one or many people. A job is you solving the problems of your boss, Facebook is solving the (small) problem of connection for many.

Look for a mix of skill + passion + time + hustle + connections = your great business idea. Always remember to ask yourself whether you could picture yourself working in a particular business or market day after day as you might make millions in fertiliser sales but be happy with your life.

If you’re interested in starting your own business, be sure not to miss this guide on everything you need to know about building your own business.

4 Replies to “Profitable Business Ideas for People who work from home”

  1. Outstanding read, I just passed this onto a colleague who was doing just a little research on that. And he really bought me lunch as I discovered it for him smile So let me rephrase that: Thank you for lunch!

    1. Thank you! We hope you have a profitable business idea in mind as well

  2. VEry interesting and useful article you shared.
    Keep sharing with us.

    1. Sure, do check out our other articles in our “Entrepreneur” section – click in the tags section/tag cloud.

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