5 Creative Home Based Business Ideas That Won’t Drain Your Wallet
The idea of starting your own home based business seems too good to be true to many. The fact that a business usually requires an upfront investment makes people turn the other way when they are faced with such an opportunity.
The truth is, there are many types of businesses that require thousands of dollars to be invested during the startup period. However, there are also many different types of business models that you can run from the comfort of your own home without having to reach too deep into your wallet. Here we are going to take a look at 5 home based business ideas that you can start with a minimal budget.
Start your own blog
Just a few years ago, if you asked someone the question “what is a blog” – they wouldn’t be able to answer you. Nowadays, you can ask anyone and they’ll be able to at least tell you that they’ve heard about it before. With the advancement in internet technology and with the rise of open source software, we now have endless possibilities at hand. All we need to do is reach out, grab the opportunity and take action. Starting your own blog is no different.
With a little work from your side, you can start and run a successful blog. At first, you won’t make a lot of money. At least not enough to pay the bills. But, if you are consistent, keep posting relative content at frequent time intervals, and you take the right steps, then you can be very successful. In fact, there are successful professional bloggers out there making five-figure incomes each and every month by simply uploading a new blog post once or twice a week. Of course, you have a long way to go before you reach that milestone, but they also had to start somewhere.
The steps to starting your own blog is relatively simple. You can literally start a blog in just a couple of minutes! That’s how easy it is. The best part of owning a blog is the fact that you are in control. You can write about anything you want to write about. You can decide how your blog looks. You can decide who to target. You can decide how to monetize the blog. You have full control!
Simply follow these steps if you want to start your own blog:
- Decide on a topic or niche you want to blog about
- Do some keyword research using Google Keyword Planner to find keywords you can target. Decide on one focus keyword and a couple of secondary keywords.
- Register a domain name and buy hosting. Your domain name should include your focus keyword if possible.
- Download WordPress from wordpress.org and install on your server.
- Configure your WordPress website by installing a theme (Appearance > Themes > Add New) and by installing some essential plugins (Plugins > Add New).
- Set up some post categories and add them to your primary menu.
- Start writing!
After you have written a couple of posts, you should do some promotion to drive traffic back to your blog. As time goes by, you can also start to build an email list through you blog and even start to sell your own digital products.
Sell handcrafted items from home
There are multiple platforms available on the internet that allows you to sell handcrafted items. Etsy is probably the most popular one around. If you are good at working with your hands and you have a creative mind, then you can make handcrafted items from home and sell them. These items can be sold offline and online.
You can literally create anything. Jewelry, handbags, clothes, cushions. The possibilities are endless. All you need to do is use your creativity to come up with something unique. Make it then sell it. You can find clients easily – both online and offline. Millions of people LOVE handcrafted items and will be more than happy to buy from you.
If you’re not sure where to start – create something, take a photo of it and post it on Etsy. You’ll soon discover just how easy it is to get sales for your unique, handcrafted items.
Be a virtual assistant
There are literally thousands of companies and entrepreneurs that make use of virtual assistants. Using virtual assistants saves a lot of money when compared to hiring a full time employee, plus there is the added benefit that the virtual assistant can have multiple useful skills. Many internet marketers and bloggers are also using the services of virtual assistants in order to lessen the workload they have.
This is where you come in. By offering yourself as a virtual assistant, you can get paid by the hour to handle simple tasks such as editing documents, doing some research, data entry, posting articles on the internet, posting classified ads and dealing with clients. This is virtually the easiest way to make money from home, plus you have the added benefit of setting your own working hours and pay rate.
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