how i started my business | how to setup your own business

Think back to all the times you’ve called a company for help or typed questions into an online help box. The people you dealt with could have been working at home, which gives you some idea of the kind of work you might be doing.
Ghostwriting pays pretty well, and if you’re talented at researching and creating great content within a certain subject domain, you can quickly build a roster of high-paying clientele with this business idea. Ghostwriters like Jeff Haden have created very lucrative careers for themselves by writing for business executives and CEO’s—and Jeff also started his ghostwriting career as a side business idea outside of his full-time job as a factory manager. Listen to his interview with me on The Side Hustle Project (podcast) right here.
Putting on a little weight, let the suit out. Losing a little weight, pull it back in. Then those new pants never seem to come in my short size, so they need to go to the tailor too! You might not be able to live at Trump Tower, but you should have a good steady income as a tailor.
Despite Instagram’s growing popularity, not all brands know what they’re doing on the app. If you have a background in social media and marketing and a passion for photography and Instagram, starting a consulting business that focuses on the popular photo app can be a great way to make money while helping other businesses improve their content and thrive.
Put together parties for your friends and get paid for it! Sign me up! For starters, you should have a strong following on social media. Then if you have a knack for promoting, see if a nightclub will pay you to help boost their attendance.
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4. Use existing materials to create a rough prototype. At this early stage, you do not know whether your idea is marketable yet. So, it doesn’t make sense for you to spend much time and money on prototyping. You do not need a works-like looks-like prototype — far from it. Prototyping is useful, but yours is not a selling tool. I used to make my prototypes out of paper. These days, you can hire graphic artists online to create incredibly lifelike renderings.
Another flexible non-phone option in the educational field is test scoring. There are a few reputable companies that do hire home-based workers to score everything from standardized tests to essays. Before you apply, you should know that ETS and Pearson (listed below) do require that you have certain qualifications and/or past teaching experience before they’ll let you become a scorer. WriteScore on the other hand requires just a two-year college degree.
Starting a food service business can be pretty involved for a beginner. But if you enjoy making food and want to build your first business around it, you can start a baking business where you sell specific items or custom creations for events out of your home kitchen.
Yes, even the PowerPoint presentation requires outside consulting every now and then—especially if it’s not your forte. I know I would happily outsource the visual layout of my presentation decks for work meetings, investor pitches and lectures. Tobias Schelle of 24Slides is living proof that you can turn your skills at slideshow presentation design into a legit side business idea—and potentially earn up to $20 a slide for your time and talents.
Sign up for a bar-tending course at the local community college or adult education center, get a safety certificate if your state requires it, and then you’re ready to start serving. Usually the client will provide the booze and the glasses, you might bring a few mixing tools or even a service cart if you want to get fancy. Demand for this service will run strongest on the weekends, making it a great part time gig!
User-friendly, fast, secure, tons of automation, easier forecasting, more efficient marketing budgets…the benefits are near endless, which is why this startup resource is indispensable. Check out our guide to Business Accounting Software and sync whichever you choose with your fresh new business bank account.
Potential challenges: Depending on your location, you may need to get licensed. You may also face heavy competition from other local sitters and companies such as Rover, which connects dog owners to sitters and walkers. You’re also responsible for the safety and well-being of the furry ones.
However, there are plenty of reasons you might want to form a corporation, too. Let’s go over the key distinctions between each business structure so you can get an idea of what sounds like the best fit:
Think blogging is no longer a viable source of income? Think again. Tens of thousands of bloggers, creating content on topics as diverse as scrapbooking, home cooking, travel, film, lifestyle, and more are launching self-employed careers thanks to a combination of email subscribers, affiliate marketing, blog sponsorships, and other revenue streams. Your first step is sharpening your writing abilities, understanding what your audience craves and learning how to write a blog post that drives traffic and brings you readers on a regular basis. Even blogging about tech gadgets and products you love can turn into a profitable side business. Take my friend Andy’s blog, AwesomeStuffToBuy for example. Or listen to my interview with Gaby Dalkin about how her journey to start a food blog as a side business idea.
One of our strongest selling books at my book publishing company was “Kiss, Bow or Shake Hands?” Traveling business people and others want to know how to fit in with foreign cultures. With a little bit a research or overseas exposure you could offer basic courses and consulting, and then you could provide more in-depth expertise as you build your knowledge overtime.
This seems like a fun and easy business and it can be very rewarding. However, it is very competitive and can be hard to break into. Interior design is also increasingly sophisticated, with software design simulation and specialized educational backgrounds becoming more common.
Thanks to a combination of technology and third party suppliers, it’s easier than ever to build a business and start making sales without getting caught up in sourcing products and managing inventory.
The manager-managed LLC, where only designated members (or even outsiders) are given the responsibility of running the LLC.[12] While this is a less common structure than the member-managed LLC, it can be useful when some members only want to be passive investors.[13] In addition, this structure may be advantageous if you have some members that are not particularly skilled in managing, or when your ownership is too large or diverse to allow for everyone to manage.[14]

#48 – Stitch Fix – If you are a fashionista with a creative eye, try Stitch Fix a company that allows you to share fashion tips with clients on the site. For work at home stylist, Stitch Fix offers a $16+ an hour pay. As a requirement, you must be 18 years of age or more and be ready to attend their off-site training before starting the job.
You will need some expertise to get going in antique refurbishment, but some skills can be learned fairly easily, such as stripping off old paint or varnish, and refinishing. I would suggest you get started refurbishing antiques for others. Eventually, you may want to buy antiques on spec and refurbish them to resell for a profit, but get to know the market before you start laying out cash for antiques.
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 as a solid side business idea. 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. Elmira Strange will give you a step-by-step plan for putting your skills and experience to work by developing an online coaching business—even as a side business idea in the time around your full-time job—so be sure to check out her course on Udemy for a jump start on this side business idea.
Many business and non-profit associations are too small to hire a full-time administrator but still have a lot of administrative work to be done. Some of the business groups I belong to, such as local chapter of The Young President’s Organization and The Harvard Business School Association of Boston, have hired an association management service which is typically a single individual or in one case a mother/daughter team. For these businesses, the management service processes membership dues and event payments, fields questions about events, arranges logistics for events, and attends events and welcomes members. Payment is usually on a monthly retainer basis.
Be different. Don’t design your logo to look just like that of your leading competitor. This is a great opportunity to set yourself apart. How are people supposed to get excited about your business if they can’t tell you apart from the competition?
You will, of course, need to spend extra hours and work harder. But the transition from being an employee to a business owner will be far smoother as you won’t have additional expenses to worry about.
When I was running my book publishing company I developed a series of books called the Everything series and I negotiated a deal to buy the “everything.com” domain from a company controlled by Microsoft co-founder Paul Allen for over $100,000. The market for good domain names isn’t going away and you can make money trading these names, but I would be careful in putting too much money into names that are “almost” great names.
Potential challenges: Don’t expect to quit your day job right away. You’ll likely need a ton of traffic and followers to earn anything significant, and building up your fanbase will likely take some time.
Investment: Depending on where you live and the services offered, you may need to obtain a business license or be registered with your state. The startup costs could run high if you need to purchase tools and a work truck.
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The local bank or investment advisory service may decide to add a touch of class and the feel of quiet success to their office by adding art to its walls, but which paintings should they buy? That’s where you come in, the expert art buyer. You could offer your services to private art buyers as well. Where do you start? You could simply start with one recommendation for one painting for a friend’s empty wall space.
Think about how you can zero in on a specific audience for your products and how the business you build can serve them. If you already have a sizeable audience (a blog, a YouTube channel, or an Instagram account), maybe you can even find a way to base your business off of that existing audience.
Elaine Turner Elite has new openings for their national network of personal stylists who represent the brand and earn up to 25% sales commission. Designer brand, Elaine Turner creates exclusive apparel, handbags, shoes and jewelry for women who appreciate quality and comfort at an accessible luxury price point. Their mission is to make women “Feel Beautiful Inside and Out”. Elite Stylists have the ability to create their own flexible schedule and are provided with tools, samples and support to reach their goals. Stylists connect with clients via one-on-one styling sessions, trunk shows and philanthropy events. Stylists can also style and sell virtually through our new “try before you buy” box service. To apply for a position in your area, visit Elaine Turner Elite.
Instead of spending hours playing with accounting software, dreaming up potential expense and income categories, and creating fancy reports with no data, spend that time generating revenue. As long as you record everything you do now, creating a more formal system later will be fairly easy. It will also be more fun, because then you’ll have real data to enter.

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