Start your own Business

Nothing beats working for yourself. Even when you love your job and think that it’s rewarding, the satisfaction you get when you are your own boss is a completely different feeling. Not only is it more meaningful but it comes with so many benefits. While it may seem alluring venturing into a new market, especially if you are a startup, it can be tricky, and let’s face it, pretty risky too—you are putting in more hours than at a 9-5 job elsewhere, and there will be moments where you may actually be sacrificing a lot more than just your time. Even then, it is absolutely worth it.

BUYING WEBSITES :

Just like stocks and property, in our interconnected world thanks to the internet, websites also have a really high value. Even as you read this, websites are constantly being purchased or sold for hefty prices. There are several factors that will affect the value of a site online, such as the domain name, the amount of traffic it receives, general popularity and profits that the site earns amongst other factors. While this business can be really lucrative, it requires an in-depth understanding of the market, however, once you understand how it works, you could potentially be sitting on a goldmine.

ONLINE COACH :

If you are passionate about something and have a big knowledge base about the topic, you could start a career as an online coach. Setting up a YouTube channel with tutorials, setting up a blog to help people understand concepts, creating online courses—there is a multitude of things that you could be doing. Online coaching can be a lucrative way of making money, however, make sure you don’t oversell yourself online or to a client as their success depends on many different things that may not entirely be under your control.

VOCATIONAL CONSULTANT :

If you are leaving behind a corporate job with a fair amount of experience to start your own venture but have no idea where to begin, this one may be for you. There are several people out there who want to learn how to ace a promotion interview or ask for a raise, or simply land a high paying job. If you have useful tips for them, you can just start your own consultancy and people will be willing to pay you good money to learn the tricks of the trade. If you aren’t ready to start up your own website or just want to test out the waters, you should look at signing up to platforms such as The Muse or Coach Me where others are looking for people like you to mentor them.

REAL ESTATE VALUATION :

Real estate valuation is a great job to have because you can decide how much you want to work, where you want to work from and these parameters will decide how much you earn. You don’t necessarily need a degree in this field but you should check if you require some kind of certification in the country or state that you want to operate in. Of course, apart from the certification, you also need to have a solid understanding of the market to be able to make a living for yourself in this field.

GRAPHIC DESIGN :

There is a huge demand for graphic designers in the market today. If you already have the existing skillset and knowledge of design platforms such as Adobe Illustrator, Photoshop or Sketch, then you can literally just sign up to Fiverr or Upwork or find remote jobs on websites such as Jobspresso. However, if you don’t have the required skills, you can always sign up to Skillshare and enroll in a graphic designing course and then practice through smaller gigs. Businesses need graphic designers to create logos, banners, social media posts, design campaigns, products and packaging and so many other smaller processes that we don’t even realize. So keep practicing and before you know it, you may be snapping up clients with the utmost of ease.

PRESENTATION DESIGN :

Believe it or not, there are entire businesses set up for people to hire someone else to create their PowerPoint presentations. For those who are not well-versed in technology or have a tough time getting around Microsoft Office, creating a presentation can be a major challenge and even a hurdle in their professional career. Familiarize yourself with different types and formats of presentations, such as Pecha Kucha or Prezi, and you can widen your customer base even more.

WEB DEVELOPMENT :

Web developers are highly valued due to their specific knowledge of a complicated subject. If you can master the basics of HTML, Python, CSS, Ruby and/or Java script, and get some experience for your portfolio, you are all set to start your own successful web development business. You can further hone your skills or learn a new language on Treehouse.

APP DEVELOPMENT :

3.8 Million apps on the Android store, 2 million apps in the iOS store and every single day more new apps are being created and released. You can find an app for nearly anything: Some are useful, while others aren’t so much. Creating an app and launching it is a tedious process with a lot of hard work going into it—from the coding and development phase to creating a beautiful interface and providing the best user-experience possible. Furthermore, you might also want to market your app on social media. If your first app is a success this may launch you into a career in app development with some great projects in the future.

ONLINE JOURNALISM :

If you have a degree in a communication field or in journalism but don’t want to work in a traditional newspaper or broadcasting atmosphere, you could look into online journalism. Build your portfolio with online companies such as HuffPost and then work your way to creating your own medium of news; be it a blog, You-tube channel, social media channel, etc. Then you can add sales funnels by looking into advertising revenue.

AFFILIATE SALES AND MARKETING :

This is a great idea if you are running a channel on YouTube and have decided that you would like to turn the views into revenue. The same can be done with a website that is generating plenty of traffic. All you have to do is join one of the big affiliate networks such as ClickBank or ShareASale and you can turn your existing content mediums into a source of passive income.

PODCASTING :

You can start your own podcast about niche topics that you have a solid knowledge base about; the more specific the topic is, the better. If you already have a podcast that you are running for free, you can crack some sponsorship deals to turn it into a source of income. All you need to be sure about is whether you are creating consistent, valuable and relevant content for your audience.

WORDPRESS WEBSITES :

Many small business owners, especially ones that are foraying into the ecommerce world, like to create a basic website, usually hosted on WordPress. If you have a working knowledge of WordPress or have the time and resources to invest in learning about the platform, you could be earning hundreds of dollars just to launch a website. Investing your time in learning about WordPress will pay off in the long run as well because it is an important skill to have these days.

OUTSOURCED CUSTOMER SERVICE :

There are several businesses out there that are looking for individuals to fulfill customer service positions. This requires a fair amount of experience, good people and management skills and should be familiar with organizational structures. Platforms like Upwork and Jobspresso provide many opportunities and the best part is that if you are good at what you do, you can even hire a team to scale your business and take on bigger clients.

BUSINESS CONSULTING :

If your friends and family are constantly turning to you for help when it comes to business advice because they know it’s solid, then it might be time to look into starting a business consultancy. The one thing about being involved in business consultancy is that you will need credentials no matter how good you are. Think about it: Would you take business advice from a random person working out of their home or garage? I don’t think so. Your credentials will add value to your knowledge and even if you don’t have them now, you can always work towards getting them! Companies are always looking for people with a great sense of business, no matter which field it is—public relations, marketing, strategies, human resources, etc.—so if you already have the required certifications then maybe you should jump onto this bandwagon.

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