9 Best Small Business Ideas For 2024 (That You Can Do From Home)

Summary

Chris Winter presents nine home-based business ideas, including selling bulk products online, homemade crafts, print-on-demand items, offering online services, teaching classes, creating subscription boxes, selling pre-loved items, becoming a virtual event planner, and pet sitting. He emphasizes the benefits of flexibility, passion investment, and reduced costs, and offers a $5,000 giveaway to subscribers as a token of gratitude for their support.

Takeaways

• 🏠 Home-based businesses offer flexibility, reduced costs, and the ability to pursue passions while potentially caring for children at home.
• 💰 The speaker is giving away $5,000 to subscribers as a token of appreciation for their support over the years.
• 🛍️ Buying products in bulk and selling them online is a foundational business idea that can be profitable if the product is in high demand and not easily available locally.
• 🎨 Selling homemade products can turn a hobby into a business, with platforms like Etsy offering a marketplace for unique creations.
• 🖨️ Starting a print-on-demand business allows for inventory-free operations, with designs printed as orders come in on various products.
• 🛠️ Online services such as freelance writing, virtual assisting, and graphic design can be offered without the need for physical products.
• 📚 Teaching classes online can be a lucrative endeavor, with the option to teach one-on-one or create pre-recorded courses.
• 📦 Subscription boxes are a growing trend offering variety, convenience, and a stable, recurring revenue stream.
• 👗 Selling pre-loved items is an eco-friendly business idea that appeals to consumers looking for sustainable shopping options.
• 📋 Becoming a virtual event planner leverages organizational skills and can cater to various events from corporate conferences to virtual parties.
• 🐾 Pet sitting from home is a timeless side hustle that can be both profitable and enjoyable for animal lovers.

Q & A

What is the main topic of Chris Winter's video?

The main topic of Chris Winter's video is sharing nine exciting small business ideas that can be started from home.

Why might someone consider starting a home-based business according to Chris?

Someone might consider starting a home-based business for reasons such as setting their own schedule, reducing operating costs, investing in something they are passionate about, or having the flexibility to look after their kids at home.

What is the giveaway that Chris is offering to his subscribers?

Chris is giving away five thousand dollars to his subscribers as a thanks for their support over the last seven years.

How can someone enter the giveaway mentioned in the video?

To enter the giveaway, one needs to be a subscriber and comment on the video. Chris will send a 100 PayPal payment to what he thinks are the best comments on his videos.

What is the first business idea Chris suggests for starting a business from home?

The first business idea Chris suggests is to buy products in bulk and sell them online, focusing on products that are highly sought after but not easily available in the local marketplace or niche products.

What are some examples of homemade products one could sell online according to the video?

Examples of homemade products one could sell online include clothes, jewelry, paintings, photographs, and food items, which can be sold on online marketplaces like Etsy.

What is a print-on-demand business and how does it work?

A print-on-demand business is a model where orders are received and then products are printed as needed, eliminating the need for inventory storage. It involves having designs printed on various items like apparel, books, hats, backpacks, pillows, mugs, and phone cases.

Which platforms does Chris recommend for setting up a print-on-demand business?

Chris recommends Shopify for setting up the online store and Printful for handling the print-on-demand service.

What type of online services can one offer from home according to the video?

One can offer services such as freelance writing, virtual assisting, marketing, or design work from home, which can be found or offered on platforms like Upwork or Fiverr.

What is the benefit of teaching classes online as a home-based business?

Teaching classes online allows for sharing knowledge and skills with an audience that may be interested in learning, and it can be done with flexibility, either one-on-one or through pre-recorded courses.

What are subscription boxes and why are they popular?

Subscription boxes are a service where customers receive a curated selection of products on a recurring basis. They are popular because they offer variety, introduce new brands, and provide convenience with a stable financial model based on recurring monthly revenue.

How can one start selling pre-loved items as a home-based business?

One can start selling pre-loved items by using websites such as Depop, Poshmark, or eBay, targeting environmentally conscious consumers who are interested in sustainable shopping habits.

What skills are needed to become a virtual event planner according to the video?

To become a virtual event planner, one needs skills in organization, creating schedules, networking, negotiating, and bringing people together. Familiarity with virtual event platforms like Hopin, Cvent, and Zoom is also recommended.

Why is pet sitting a recommended home-based business idea in the video?

Pet sitting is recommended because it is a popular and evergreen business opportunity, especially for those who love animals and have space at home. It allows for flexible working hours and can be a lucrative side hustle.

What websites does Chris suggest for finding pet sitting opportunities?

Chris suggests using websites like Rover and Wag to find pet sitting opportunities and get clients.

What is the first step in launching a home business according to Chris Winter?

The first step in launching a home business is coming up with a unique idea that you are passionate about and that gives you a competitive edge in the market.