When people think of a starting a business, they may immediately get discouraged because of the potential cost and barriers to entry. Starting a business does not have to be difficult or expensive in order to yield a high profit margin. There are plenty of low cost businesses that are simple to start and can bring decent money. Below, I highlight four businesses where the entry level is not too dificult and they can be run from inside of ones home.
Most people in this country are fat. This should not be a surpise. With so many people having problems with their weight, theirin lies an opportunity to help people get in better shape. If you are a fairly fit individual and like to be around others, this may be a good business for you to go in. Personal trainers are not hired on the cheap and many people do not want to leave the comfort of their homes. Check with the National Federation of Personal Trainers for certification requirements.
With a few cleaning products and a handful of clients, you can be well on your way to making a sizeable income. Just the other day, I was moving throughout my house and vacuuming the stairs and curtains. My knees started to hurt a bit. The Panasonic mc-cg917 canister vacuum I bought helped cleaned the curtains well. Although there were positive Panasonic mc-cg917 reviews, I was having a little issue with moving it. I attribute this to old age. Elderly people and others who may not have the time to clean on a regular basis need your service. You can distribute flyers in your area and market it on Craigslist.
Were you pretty good at math in high school or maybe you are a college student with some spare time. Today, many children need help with different subjects. Sites like Tutornation and Tutorsteach are a good starting point. After you feel confident enough, you can branch out on your own.
If you like children, this may be the business for you. Check out your neighborhood to see if their are a lot of full-time working parents. If so, you definitely may have a business on your hands. You will need to check up as far as the licensing is concerned. You may also have to be certified in CPR.
The above businesses are simple to start and can provide a great side of full-time income.
We talk about traditional businesses a lot on this blog. However, the internet has transformed many businesses allowing one to build a successful business with minimal start-up cash and low overhead. One of the ways people have been able to start a successful business is simplying by starting a blog. They share helpful information and tips that is usually centered around a niche and they are rewarded for it.
One of the biggest spaces online is DIY home repair. Many people who live in older homes would love to do modern upgrades throughout the home inexpensively. Some couples who have gotten famous and gained a pretty heavy following document their journey on renovating their homes. Some popular blogs that come to mind are ‘Young House Love’ and ‘House Tweaking’ comes to mind. It is just not in the DIy home repair space that bloggers are making money. Sewing and craftinga are very popular. One popular sewing blogger teaches people how to sew many different items from start to finish. She also gives popular reviews of the popular sewing machines such as the Singer 7258. I am sure you would have loved to have a detailed Singer 7258 reviews as well as helpful visual tutorials if you were just starting to sew.
How do these blogs make money?
These blogs make money mainly from advertising revenue and recommending products. The payouts are very lucrative as many bloggers make 6 figures a year sharing their experiences online. With people becoming more and more social media savvy, blog posts, videos, and pages can go viral.
Bottom Line: starting a blog can be a very lucrative business.
Ok. So, you may have personally known someone who has actually shelled out the large amounts of cash in order to buy an Apple watch. Here is the thing: Those people may not know if they have a wrist or arm tattoo that the device may not actually work properly. That cute wrist butterfly tattoo or any tattoo ideas that extend around the wrist and hand area may be an issue. This is just recently being reported by the Apple watch users themselves.
As a result, the Apple makers have updated their documentation and are trying to come up with a solution. The problem: The permanent and temporary changes made by the ink in your skin can interfere with the heart rate sensor’s performance. The depth and ink can block the sensor. Therefore, your readings may be inaccurate.
This is not the first time this type of technology has had issues with overall performance. There are also other defects with the watch like the Taptic engine that is made by a chinese supplier. The makers of the Apple watch do stress that you will only encounter an issue if the tattoo is directly below the sensor and light colored tattoos are not really an issue
With every product that is rolled out, sometimes there are defects that have to be addressed. Luckily for the brand Apple, they have established itself as the makers of high end, high quality products that continue to have a cult like following.
If you want to be successful in choosing a Niche, then there are some concrete rules that one may need to follow. Before we get into the steps, let us define exactly what a niche is. According to entrepreneur.com, a niche is a portion of a market that you’ve identified as having some special characteristic that you feel is worth marketing to. A smaller segment that is within a larger market can also be defined as a niche. I was looking online yesterday because I was looking at purchasing a beginner razor e100 scooter for my niece. When I first thought about an electric scooter, I could think of no other company but Razor. They have effectively cornered the market and carved out a very successful niche. Let us talk about how you can do the same:
Go where the Money Is
Your best chance at success is identifying a market within a market that already has boatloads of people spending large amounts of cash. Here are some industries that come to mind: weight loss, beauty, hair care, and the pet industry. Now, we will try to give an example of a good niche that could make a profitable business.
A service that caters to individuals with disabilities who would need a specific kind of pet such as a help dog comes to mind.
An outdoor exercise boot camp that lasts a designated time frame (90 days). Who would your audience be? People that do not feel comfortable going to a gym.
I remember watching an entrepreneurship television show and one lady became very rich simply by creating a makeup line that was specifically for the military. Instead of going up against big brands such as L’Oreal, Maybelline, and Revlon, she carved out a niche that has proven to be very successful.
The key is to make sure that the niche you choose already has people spending money. Write down a few of your niche ideas and begin to do some research of similar companies. Follow through with a thorough business plan.
So, it can be difficult to get a business idea or to expand your business in creative ways if you already have one. Many times people get caught up in everyday tasks of their business that leaves little room to the imagination. Utilize these tips below to try and free yourself of any mental blocks.
Retrain Your Brain
There have been a lot of good books and articles written about how to come up with a business idea. The problem is that sometimes a great idea for a product or service may be staring you right in the face but you fail to recognize the potential. You need to retrain your brain to identify problems as potential opportunities. When you are going about your daily lives, make a list of things that you encounter that are problems. It could be small problems or large ones. Find out if there is any way that you can make the problem or inconvenience easier. There are many great inventions and businesses that have been started by people who have recognized a simple problem that could be improved upon. If you can make something cheaper, better, or more convenient for others, they will pay for it.
Relax and Use Tools to Stimulate Your Creativity
Create a designated space that is not for work. Use modern furniture in a room or space that is not clogged up. A modern touchless trash can or a small stainless steel trash can looks better than your typical plastic beat up trash can. Get rid of any unnecessary clutter and only have things you need. Anything else, you can toss out in the trash. Use mind maps to help you strategize and do brain teaser exercises. Open up the windows and use bright colors to relax you.
It is no secret that the weight loss industry is a billion dollar industry. But how can you be successful in this billion dollar industry? You probably won’t have much success creating the next big weight loss pill, such as Hydroxycut or Slimquick. Even the older players according to these phentermine reviews are established. The diet pill industry would be a hard one to crack. The answer is simply to drill down and find a group/consumer that has a specific need that is not being met. Successful businesses usually have a narrow focus at first. Once they are successful at catering to that specific group, then they can venture out into other products and services.
Wendy Darling, Life Coach, Counselor, and speaker created a unique program that helps people of all ages overcome emotional barriers that may be preventing them from losing weight loss. She has a unique background in counseling psychology that has enabled her to help clients tackle both physical and mental barriers that can prevent them from losing weight. How many people suffer from emotional eating? While people can diet and exercise to lose weight alone, if there emotional issues are not properly addresses the weight can creep back up. Helping people to tackle their emotional issues has sure paid off. Her clients range from parents, entrepreneurs, executives, and even children.
Here are some numbers just to get your appetite wet:
$20 Billion: The annual revenue of the U.S. weight loss industry as of 2012 including books, programs, drugs and weight loss surgeries.
108 Million: The number of people on diets in the United States. Dieters typically make four to five attempts per year.
85%: The percentage of customers who consume weight-loss products and services who are female.
1 Hour: The amount of time spent on daily exercise by people who lost and kept off at least 30 pounds of excess weight for five years.
If you have been thinking about getting into the weight loss industry but do not know where to begin, start drilling down into markets and segments that are virtually untouched.