17 Home-Based Business Ideas (2024)

Tim Richard
20 Dec 202320:41

Summary

TLDRThis video outlines 17 home-based business ideas, ranging from remote services to virtual education, that can be run from home with low start-up costs and high profit potential. The presenter, who operates multiple seven-figure businesses, shares insights and tips for success in various fields, including furniture flipping, e-commerce, and online courses. The summary emphasizes the accessibility and scalability of these ventures, catering to a wide audience looking to earn extra income or start a full-time business from the comfort of their home.

Takeaways

  • 🏠 The video introduces 17 home-based business ideas that can be run from the comfort of one's home, with varying degrees of success and potential for profit.
  • πŸ› οΈ Number one on the list is a remote home service business, akin to dropshipping but for services like junk removal, cleaning, or lawn care, where contractors are hired to perform the actual work.
  • πŸ›‹οΈ The second business idea involves refurbishing and flipping furniture, where old furniture is bought, restored, and sold for a profit, with potential earnings ranging from $200 to $20,000 per month.
  • πŸ’Ό The third suggestion is to start a virtual accounting business, capitalizing on the demand for accountants and leveraging local word of mouth and online presence for business.
  • πŸ›οΈ The fourth idea is to open a low-competition e-commerce store, focusing on niche products or gaps in the market to increase chances of success.
  • 🎨 The fifth takeaway is about becoming an Etsy seller, which is a low-risk platform for selling handmade or personalized goods, with the median seller making about $500 a month.
  • πŸ’‡β€β™€οΈ Number six suggests starting an at-home hairdressing studio, which can be a lucrative business with the potential to earn six figures annually.
  • ✍️ The seventh takeaway is about starting a niche blog or affiliate site, which can be a profitable venture if one is passionate about writing and targeting low-competition keywords.
  • πŸŽ“ The eighth idea is to start a YouTube channel, which can be a fast way to earn money through ads, affiliate links, and sponsorships, especially if one is comfortable on camera.
  • 🎡 Number nine is about starting a music school from home, teaching music lessons and potentially earning a significant income with a step-by-step approach.
  • πŸ“š The tenth business idea is to become a virtual bookkeeper, which requires organization and knowledge of financial software like QuickBooks, with the potential to earn over six figures annually.

Q & A

  • What are the key characteristics of the 17 home-based businesses mentioned in the video?

    -The 17 home-based businesses mentioned in the video are characterized by their potential for high success rates, the ability to generate significant income, and the flexibility to be run from home without the need for a physical storefront or office.

  • How does the remote home service business model work?

    -The remote home service business model functions similarly to dropshipping. You create a website for a service like junk removal or home cleaning, find contractors through platforms like Thumbtack or Craigslist, and when a customer orders a service, you dispatch one of your contractors to fulfill the job.

  • What is an example of a successful remote home service business in the junk removal industry?

    -An example of a successful remote home service business in the junk removal industry is the company 'LoadUp', which operates in multiple cities and allows customers to book junk removal services online, with contractors dispatched to complete the job.

  • How can someone start a furniture refurbishing or flipping business?

    -To start a furniture refurbishing or flipping business, one can purchase old furniture pieces from garage sales or flea markets, refurbish them at home by refinishing or staining, and then resell them on platforms like Craigslist, Facebook Marketplace, or OfferUp.

  • What are the potential earnings for a virtual accountant business?

    -The potential earnings for a virtual accountant business can range from making a comfortable living to generating millions of dollars a year, depending on the scale of the business and the services offered.

  • Why is starting a low-competition e-commerce store recommended in the script?

    -Starting a low-competition e-commerce store is recommended because it allows for easier entry into the market with a higher likelihood of success. Focusing on low competition keywords and niche products can lead to higher profits and less market saturation.

  • What is the average monthly income for a typical Etsy seller?

    -The median Etsy seller makes about $500 a month, although this can vary greatly depending on the products sold and the seller's marketing efforts.

  • How can someone start a home-based hairdressing studio?

    -To start a home-based hairdressing studio, one can set up a dedicated room in their home, offer services like haircuts and coloring, and charge clients directly without having to pay salon commissions. The potential earnings can reach six figures a year with a steady client base.

  • What are the benefits of starting a niche blog or affiliate site?

    -The benefits of starting a niche blog or affiliate site include the potential for passive income, the ability to monetize one's knowledge or passion, and the opportunity for scalability with minimal upfront costs.

  • How does the YouTube channel business model work in terms of monetization?

    -The YouTube channel business model works through ad revenue, which averages about $18 per thousand views. Additionally, creators can earn money through affiliate links in video descriptions, sponsorships, and coaching or selling products related to their niche.

  • What is the potential income for a virtual bookkeeping business?

    -The potential income for a virtual bookkeeping business can range from the national average of around $56,000 a year to well over six figures, depending on the scale of the business and the services offered.

  • What are the advantages of being a virtual personal trainer or nutritionist?

    -The advantages of being a virtual personal trainer or nutritionist include the ability to serve more clients without geographical limitations, the potential for higher earnings compared to in-person trainers, and the opportunity to offer personalized nutrition plans and workout programs.

  • How can one start a product photography business for e-commerce?

    -To start a product photography business for e-commerce, one can set up a home studio, offer services to e-commerce store owners, and market to clients nationwide. Services can include photographing products received in the mail and returning them after shooting.

  • What are the average hourly rates for different types of freelancers?

    -The average hourly rates for freelancers can vary widely: writers make $30 to $40, editors $25 to $35, programmers $60 to $70, general developers $50 to $60, mobile developers $55 to $60, web developers $50 to $60, graphic designers $40 to $45, and transcribers $20 to $25.

  • What is the potential income for a resume and cover letter writing business?

    -The potential income for a resume and cover letter writing business can be substantial, with top executive resume writers charging $750 to $2,000 per resume, and more affordable services ranging from $150 to $450 per resume.

  • What is the Software as a Service (SaaS) business model and its benefits?

    -The Software as a Service (SaaS) business model involves offering software solutions on a subscription basis. Benefits include high profit margins, typically around 90%, and the ability to generate recurring revenue from customers.

  • How can one start a virtual assistant business?

    -To start a virtual assistant business, one can begin by offering services such as phone answering and administrative tasks to clients. As the business grows, additional virtual assistants can be hired to expand the service offerings and client base.

  • What is the potential income for creating and selling online courses?

    -The potential income for creating and selling online courses can range from $100 per course to multiple thousands of dollars, depending on the expertise provided and the perceived value of the course content.

Outlines

00:00

🏠 High Success Home-Based Business Models

The video introduces 17 home-based business opportunities with high success rates, including the host's personal ventures that profit seven figures annually. It covers a range of options suitable for part-time or full-time income generation, such as remote home service businesses that operate similarly to dropshipping but for services, furniture refurbishing, virtual accounting, low-competition e-commerce stores, and Etsy selling. The emphasis is on identifying business models with potential and sharing tips for success based on the host's experience.

05:02

πŸ›‹οΈ Furniture Flipping and Virtual Services

This paragraph delves into the furniture refurbishing business, where old furniture is bought, restored, and resold for profit. It also discusses the potential of a virtual accountant business, which can be started with an accounting degree and leveraged through local word of mouth and online presence. The average startup cost for an accounting firm is noted, along with the high earnings potential, illustrating the viability of these businesses as full-time endeavors.

10:02

πŸ’Ό Niche E-Commerce and Online Selling

The focus shifts to starting a low-competition e-commerce store, emphasizing the importance of product selection and targeting low competition keywords. The success of a specific store selling antler rings is highlighted, demonstrating the profitability of niche markets. Additionally, the paragraph covers becoming an Etsy seller, detailing the median earnings and the platform's low-risk nature, as well as the potential for high earnings through unique, niche products.

15:03

πŸŽ“ Diverse Home-Based Ventures from Blogging to Music Teaching

The script outlines various home-based business ideas, including starting a niche blog or affiliate site, which can be monetized through keyword-targeted articles and affiliate marketing. The potential earnings range from a few thousand to millions per year is mentioned. It also touches on starting a YouTube channel, leveraging advertising, affiliate links, and sponsorships for income. Teaching music from home, virtual bookkeeping, and becoming a virtual personal trainer or nutritionist are also presented as lucrative opportunities.

20:03

πŸ“Έ Product Photography and Freelancing

This section discusses the growing market for e-commerce product photography and the potential for photographers to set up home studios and serve clients nationwide. It also covers the benefits of freelancing in various fields, including web development and graphic design, with average hourly rates provided. The potential for freelancers to earn more than traditional industry jobs is emphasized, highlighting the flexibility and scalability of freelance work.

πŸ“ Writing Services and SaaS Businesses

The script explores the possibility of starting a resume and cover letter writing business, pointing out the high earnings potential for skilled writers. It also introduces the concept of Software as a Service (SaaS) businesses, which offer subscription-based software solutions to industry pain points. The ease of entering the SaaS field without extensive development skills and the high profit margins associated with it are highlighted.

πŸ”§ Virtual Assistance and Online Education

The final paragraph presents the idea of becoming a virtual assistant or starting a virtual assistant company, catering to businesses in need of remote administrative support. It also suggests selling online courses in areas of expertise as a means to monetize knowledge through one-time creation and multiple sales. The potential for high earnings through online courses is illustrated with an example of an individual who made significant revenue from teaching blog and affiliate site creation.

Mindmap

Keywords

πŸ’‘Homebased Business

A homebased business refers to an enterprise that is operated primarily from the owner's home or a home office. In the context of the video, it is the central theme, with the speaker discussing various types of businesses that can be successfully run from home, emphasizing their potential for profitability and flexibility.

πŸ’‘Remote Home Service Business

This concept is introduced as a type of homebased business where services like junk removal, cleaning, or lawn care are managed remotely. The business owner coordinates service providers with customers through a website, similar to a dropshipping model but for services. The script mentions the speaker's own junk removal company as an example, which operates in over 40 cities and profits seven figures annually.

πŸ’‘Furniture Refurbisher/Flipper

A furniture refurbisher or flipper is someone who purchases used or old furniture, restores or refinish it, and then sells it for a profit. The video script highlights this as an easy business to get into without tech skills, with examples given of individuals making a significant income by flipping refurbished furniture pieces found at garage sales or flea markets.

πŸ’‘Virtual Accountant

A virtual accountant is an accounting professional who provides services remotely, typically communicating with clients via phone or email. The script suggests this as a viable homebased business for those with an accounting degree, emphasizing the demand for such services and the potential for high earnings without the need for a physical office space.

πŸ’‘Low Competition E-commerce Store

This refers to an online store that sells products in a niche market with less competition, making it easier to rank in search engines and attract customers. The video script advises targeting low competition keywords and products to increase the chances of success, with an example given of a site selling antler rings that makes over $5 million a year.

πŸ’‘Etsy Seller

Etsy is an online marketplace known for handmade, vintage items, and craft supplies. The script positions becoming an Etsy seller as a low-risk homebased business option for those who create personalized or handmade goods. It mentions the median earnings for Etsy sellers and highlights the success story of a seller named Planner Kate, who made millions selling planners and accessories.

πŸ’‘At-Home Hairdressing Studio

An at-home hairdressing studio is a business where hair services such as cuts and colors are provided in the comfort of one's home. The script outlines the potential for significant earnings with this business model, with the average ticket price for a haircut and color being around $120, and the possibility of serving multiple clients per week to achieve a six-figure annual income.

πŸ’‘Niche Blog/Affiliate Site

A niche blog or affiliate site is a content-driven website focused on a specific topic or market segment. The script describes this as a longer-term business model where the owner writes articles around low competition keywords and includes affiliate links to products. When readers purchase through these links, the site owner earns a commission. The video mentions the speaker's own affiliate site, which profits into the six figures annually.

πŸ’‘YouTube Channel

A YouTube channel is a platform for creating and sharing video content. The video script suggests starting a YouTube channel as a homebased business for those passionate about making videos in a niche area. It explains that revenue can be generated through ad views, affiliate links, sponsorships, and coaching, with the potential to earn substantial income as demonstrated by the script's mention of average earnings per thousand views.

πŸ’‘Music School

The concept of a music school from home involves teaching music lessons, such as piano, in a dedicated room within one's home. The script points out the potential to earn a substantial income through private lessons or group classes, with an example cited of a site that outlines how to make $10,000 per month teaching music from home.

πŸ’‘Virtual Bookkeeping

Virtual bookkeeping involves providing bookkeeping services remotely, which can include tasks like categorizing transactions and entering financial data. The script highlights this as a low-cost business to start with the potential to earn well over six figures annually, especially for those skilled in using financial software like QuickBooks.

Highlights

17 high-success-rate home-based business models are presented for potential entrepreneurs.

The speaker runs multiple seven-figure-profit businesses from home and shares insights on their operation.

A remote home service business model is introduced, akin to dropshipping but for services like junk removal or cleaning.

LoadUp, a junk removal business, exemplifies the remote service model with a digital platform and contracted workers.

Furniture refurbishing or flipping can be a profitable side hustle or full-time business with significant monthly earnings.

Becoming a virtual accountant offers a high-demand service with low startup costs and high earning potential.

A low-competition e-commerce store can be a lucrative venture by targeting specific niches with less competition.

Etsy is highlighted as a platform for selling handmade or personalized goods with low risk and potential for high earnings.

Starting an at-home hairdressing studio can lead to six-figure annual earnings without the overhead of a salon.

Niche blogging and affiliate marketing are presented as long-term business models with significant profit potential.

YouTube channel creation is suggested as a fast way to monetize content through ads, affiliate links, and sponsorships.

A music school from home is a viable option for music educators, with the potential to earn a substantial income.

Virtual bookkeeping is introduced as a low-cost, high-earning potential business for organized individuals.

Virtual personal training and nutrition coaching are highlighted for their high earning potential and scalability.

Product photography for e-commerce is a growing market with opportunities for photographers to offer their services remotely.

Freelancing on platforms like Upwork offers a wide range of opportunities for various skillsets with competitive hourly rates.

Resume and cover letter writing services are revealed as a lucrative business with high earning potential for skilled writers.

SaaS (Software as a Service) businesses are presented as a subscription-based model with high profit margins and scalability.

Becoming a virtual assistant or starting a virtual assistant company is highlighted for its demand and scalability.

Selling online courses is suggested as a way to monetize expertise with a one-time creation and infinite sales potential.

Transcripts

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in this video I'm going to show you 17

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homebased businesses that you can run

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completely from home now I run multiple

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businesses that profit seven figures a

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year and I run them all from the comfort

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of my home I have analyzed and tried a

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bunch of different homebased business

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models and found that these 17 options

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have the highest success rate and the

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most potential of making real money if

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you've been looking to start a homebased

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business whether it's just to make extra

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money on the side or a full-time income

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there is something for everyone in this

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video a few of them I actually run

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myself and have a few tricks and tips on

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how you can be more successful with

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those businesses let's jump into my

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favorite 17 homebased businesses number

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one is what I call a remote home service

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business essentially what that is is you

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run a home service business like I do

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this in junk removal you can do it in a

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home cleaning business carpet cleaning

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window cleaning lawn care you start a

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website for that Home Service you find

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contractors on places like Thumbtack

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Craigslist indeed.com that can do the

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actual service for you so if you've

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heard of Drop Shipping for a website

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where you sell a product on your website

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and then someone else ships it out to

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your customer for you it's essentially

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like that but for Home Services similar

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to Uber when an order comes in you send

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one of your contractors out to do that

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work now I do this as I said in junk

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removal a ton of people do this in

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cleaning businesses my junk removal

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company now operates in over 40 cities

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Nationwide uh we profit seven figures a

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year and I run it all from my computer

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so here's a company that does this in

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the junk removal space called load up

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you can choose a mattress a dresser

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recliner and so each of those items you

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choose gets added to your cart with an

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upfront price over here when someone

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goes through and actually books a junk

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removal job on load up they have

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contractors that it automatically gets

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sent out to just like uber will go out

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pick up the items so if they're charging

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$150 for this they might pay the

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contractor $80 $90 they're making $50 to

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$70 profit on that pickup and they don't

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have to go out and do the work made this

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is another example in the home cleaning

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industry so they have locations all

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throughout the country and you can book

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a home cleaning service on their website

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it automatically gets sent out to their

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contracted out cleaners and they will

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come do the work I tried a bunch of

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different homebased businesses and this

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is the one that really took off for me

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the home service industry is very

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outdated and it's very easy to come in

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and disrupt that industry and get

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started even as a beginner now homebased

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business number two is a Furniture

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refurbisher or flipper now this is a

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very easy business to get into doesn't

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take any Tech skills so what you do is

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you pick up an old piece of furniture

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from a garage sale or a flea market you

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take it home you refurbish it finish it

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maybe stain it and then resell it now a

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lot of people are making anywhere from

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$200 to $500 a month doing this as a

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hobby but there are other people who

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make this a full-time job and make

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anywhere from $10,000 to $20,000 per

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month now if you're going to do this and

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take it seriously you're going to be

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buying as many pieces as you can fixing

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them up and then flipping them on places

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like Craigslist Facebook Marketplace

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offer up and you will be surprised at

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how much money you can make now I found

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some examples on this blog post here of

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some things that people picked up and

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flipped uh these chairs they picked up

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for $50 refinish them sold them for

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1,300 bucks this Grill they picked up

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for $200 and resold for $2,800 and a lot

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of this stuff they're finding at flea

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markets so you go to the local flea

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market and garage sales in your area and

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just find stuff where you can get a deal

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and fix it up now business number three

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is going to be an atome or virtual

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accountant accountant I have today is

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fully virtual so I have phone calls with

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her I send her all my documents in the

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mail we communicate via email most of

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the time I don't see her face to face so

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starting a virtual accountant business

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if you have an accounting degree this

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would be a great option there's a lot of

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demand for accountants you don't need a

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ton of SEO skills or ranking skills use

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local word of mouth as well as your

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Google my business listing to start

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getting traffic to start getting

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business you can make some great money

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with an accounting firm all directly

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from your home now according to data on

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starterstory.com the average startup

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cost cost for an accounting firm is just

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under $220,000 probably less if you're

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going to be fully remote or virtual and

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the ceiling for how much you can make

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with an accounting firm is endless

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multiple ones on here making over $4

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million a year $6 million a year to make

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into the six figures just doing it by

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yourself number four is go into a low

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competition e-commerce store now a lot

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of people are probably telling you to

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start an e-commerce store but e-commerce

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can be competitive and difficult to get

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into the most important thing is to

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choose the right product that you can be

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successful in now I either recommend you

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go into a product that you know a lot

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about or you find a gap in an industry

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and fill that Gap otherwise I highly

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recommend you go after low competition

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keywords and low competition products

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for example there is a site called

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antler rings.com and what they sell is

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rings with antlers from Deer inlaid

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inside the ring now this is a very Niche

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term with low keyword difficulty not

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very competitive and they make over $5

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million a year just selling antler rings

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and going after the keyword antler ring

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if I pull them up on ah refs which is my

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keyword finder that I use to analyze

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different websites and keywords bulk of

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their traffic is coming from the keyword

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antler Rings which has a keyword

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difficulty of six now keyword difficulty

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goes from zero to 100 and six is very

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easy to rank for bulk of their traffic

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is coming from one keyword and they're

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making over $5 million on that one

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keyword so you want to look at low

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competition keywords that you can go

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after and build a store around and it's

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going to be a lot higher likelihood that

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you're going to be successful and make

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more money with that and number five is

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an Etsy seller if you don't feel like

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making your own e-commerce store and

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selling products there and you maybe

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make something personalized or some

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handmade Goods Etsy is a great place to

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sell on the median Etsy seller makes

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about $500 a month and a lot of them are

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just side Hustlers you can make a lot

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more than that Etsy comes with very low

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risk and is a great way to sell things

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if you're doing woodworking making any

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jewelry digital items that people can

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print off at home it's a great way to to

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sell those things without having to

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really put any money up front now here's

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an example of a lady called planner Kate

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who sells planners and stickers for

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those planners she sold millions of her

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item made millions and millions of

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dollars of really just selling planners

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and accessories that go with those

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planners if you do decide to sell with

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Etsy my one thing that I would recommend

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is to find low competition and very

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Niche items that are selling well you

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can see on Etsy how many sales different

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sellers have find ones that are selling

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really well but maybe don't have a lot

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of competition or maybe something that

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you feel like you could make something

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that sets you apart there is a lot of

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competition on Etsy a lot of people

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selling there but if you find the right

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Niche you can really get traction and

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make a lot of money now number six is

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start an atome hairdressing Studio I did

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some research on this the numbers are

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actually pretty great to make six

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figures a year doing this from your home

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if you do it at home you don't have to

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rent out and pay a commission out to the

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salon you get to keep all the money for

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yourself if you're experienced looks

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like the average ticket for a cut and

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color is around $120 and that doesn't

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include tips so if you had 14 to 15

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people a week getting the haircut at

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your house you could be making six

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figures a year charging $120 plus tips

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that doesn't include the cost for

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materials but that is some great money

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and it's something that you can run

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fully from home there's definitely

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potential to make more money than that

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and number seven is start a niche blog

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or affiliate site now I run an affiliate

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site that profits well into the six

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figures a year I write it all myself I

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don't have any employees with that this

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is definely a longer business model it's

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going to take a little bit of time to

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start ranking your Niche site but if you

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enjoy writing and you have a niche that

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you're passionate about it's a great way

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to monetize that knowledge that you have

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so what you do is you write articles I

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go after low competition keywords again

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you write articles around those keywords

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and then you put in affiliate links to

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products and when someone clicks on that

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link to that product and buys that

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product you get a percentage so say

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you're doing this with best TVs if

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someone is looking for best TV for a

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small living room they find your article

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they look through you have suggestions

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on different TVs that you've tested out

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and reviewed they click one of those

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links to one of those TVs and buy it on

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say Amazon you get a commission which is

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a percentage of that total sale you

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don't have to do any of the customer

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service you don't have to do any of the

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shipping you just get a percentage of

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that sale for referring that customer

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now there's a huge scale of how much you

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can make doing this like I said I make

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made six figures doing this with my site

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there's sites like wire cutter that make

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millions and millions of dollars a year

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the Points Guy is another example of

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this with he does it with credit cards

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and makes well into the millions of

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dollars a year and there's also little

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sites that make 1,000 2,000 10,000

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$20,000 a month so it really depends how

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much effort and work you want to put

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into it and which Niche you go into I

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definitely recommend if you can go into

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a higher ticket Niche higher ticket

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niches are just going to give you higher

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commissions and you're going to get more

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money for the effort that you are

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putting in and I also recommend that you

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go into a niche that that you are either

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very knowledgeable in or passionate

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about if you're going to be doing the

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writing you're going to be doing a lot

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of writing on that topic and so it's a

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lot easier if you're passionate about

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that topic and you know what you're

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talking about rather than having to try

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to research everything on that topic 80%

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of affiliate sites earn with anywhere

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between 0 and $80,000 a year there's

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about 15% that earn $80,000 to a million

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a year and then there's about 1% of

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affiliate marketers ranking in the six

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to seven figures monthly meaning they're

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making $100,000 to a million dollar

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every month so there's a wide range of

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how much you can make but there isn't

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really any money upfront to get into

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this and number eight is start a YouTube

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channel if you enjoy making videos if

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you have a niche that you're passionate

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about this can be a great way to make

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money just an idea of how much you can

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make with a YouTube channel on average

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people make about $18 per thousand views

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so if you get 70,000 views in a month

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that's

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956 if you get a million views in a

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month that's $5,000 and that doesn't

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include you can also put affiliate links

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links Down Below in your description you

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can get sponsors for your videos and

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make extra money that way like a theme

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with this whole video If you use a tool

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like tube buddy and you find low

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competition keywords to go after when

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you start your YouTube channel you're

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going to find that you can rank a lot

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easier in YouTube search and you're

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going to start getting views for your

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videos and get subscribers it's a lot

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faster actually to get up and running

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than it is with a niche affiliate site

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so if you are comfortable on camera or

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making videos I would highly recommend

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you try to go into starting a YouTube

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Channel you can supplement that with a

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niche affiliate site or you can just go

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YouTube right off the bat but it's a

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faster way to rank you can make some

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great money from ads Affiliates

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sponsorship deals coaching and it can be

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a great atome business whether you are

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on camera or you decide to do a faceless

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YouTube channel number nine is start a

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music school from your home there's a

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site called grow yourmusic studio.com um

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they have a step-by-step article on how

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to make $10,000 per month teaching music

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basically you can set up a room in your

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house and have multiple kids at one time

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learning piano uh you can also have

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private lessons where you charge a

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monthly fee to meet people weekly if you

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know music and you feel like you could

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teach that to people uh there are a lot

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of people looking for either music

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classes or one-on-one music lessons that

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you could do from your home and this

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will give you a step-by-step kind of

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outline of how you can go about making

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$120,000 a year even more by starting

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your at home music studio and number 10

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is a virtual book bookkeeping business

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or being a virtual bookkeeper now you

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don't have to have an accounting

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background to do this entry-level

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bookkeeping can involve you know

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categorizing things entering in

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financial information really just being

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organized and knowing how to sort out

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financial information for any individual

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or a business according to pay.com the

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national average is making about $56,000

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a year though there's a lot of people

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that report making well over six figures

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a year with their virtual bookkeeping

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business this is a lowcost business to

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get started in and if you're very

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organiz organized and you know how to

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use things like QuickBooks this can be a

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great business to get into definitely a

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lot of upside hire out more virtual

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bookkeepers for you if you want to

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expand your good business and get even

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bigger now number 11 is be a virtual

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personal trainer and or virtual

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nutritionist virtual trainers on average

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one out of every five personal trainers

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earns over $75,000 a year and one out of

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every 10 personal trainers earns over

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$100,000 a year now these odds are way

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better than the vast majority of other

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businesses out there and they can go

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hand inand so if you're a personal

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trainer you can upsell with nutrition

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and you can do this 100% virtually it

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allows you to see more clients you can

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sell them on nutrition plans you can

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send them a workout plan on a daily

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basis that is a lot easier to scale than

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having to meet people one-on-one in

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person here's an example uh Jonathan

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Jordan Fitness Services uh virtual

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training nutrition coaching you can see

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his virtual training he's got people on

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a zoom call working out with with them

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watching them work giving them tips he

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has a lot of other services as well an

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app with workouts and stuff for his

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clients so there's a lot of different

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ways you can go with this a lot of

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add-ons that you can expand upon but

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it's definitely an option to do virtual

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from your home number 12 is product

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photography for e-commerce store owners

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in 2021 the e-commerce product

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photography Market was estimated at

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around $120 million it is expected to

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more than double the $275 Million by

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2028 this means a lot more e-commerce

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stores are looking to pay money for

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pictures of their products the

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e-commerce Market is growing and people

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realize that a quality picture is what

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is going to sell their product now if

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you're a photographer set up a studio in

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your home where you take pictures of

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people's products they can ship them to

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you you unbox them take your pictures

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and then send them back and send them

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the photos this is a great business to

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run from home and you can Market to

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people all over the country one example

play13:54

of this is squareshot decom uh their

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revenue is estimated to be between $5

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and $10 million per year youd send in

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your e-commerce products they charge for

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clothing products $50 an image beauty

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products $50 an image jewelry $100 an

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image all sorts of different products

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you can choose the product that you want

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to send in number 13 is become a

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freelancer if you have skills in a

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specific area you can sign up for sites

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like upwork freelancer.com and provide

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services to people on a freelance basis

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they can hire you and you're working for

play14:26

yourself you can do this 100% from home

play14:28

this is great for anyone who does web

play14:30

development logo design even Legal

play14:32

Services advertising there's a bunch of

play14:35

different options so writers on average

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make $30 to $40 an hour editors $25 to

play14:40

$35 an hour programmers $60 to $70 an

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hour general developers $50 to $60 an

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hour mobile developers $55 to $60 web

play14:49

developers $50 to $60 an hour graphic

play14:52

designers $40 to $45 an hour

play14:54

transcribers 20 $25 an hour upworks

play14:57

industry research showed that 60% of

play15:00

people who became Freelancers instead of

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working an industry job made more money

play15:04

when they left their job and became a

play15:06

freelancer so Freelancers are making

play15:08

great money you can do it on your own

play15:09

time and you can 100% do it from home

play15:12

you can actually build a customer base

play15:13

start your business and then take those

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customers off of the freelance

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marketplaces and build your own business

play15:19

around that so you can find long-term

play15:21

clients from places like upwork

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freelancer.com and then get those

play15:26

clients on a regular basis upsell them

play15:28

with other services and really build a

play15:30

solid business number 14 is start a

play15:32

resume and cover letter writing business

play15:35

I found one article a guy who was making

play15:36

$2 million a year just doing resumΓ© and

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cover letters so there is huge potential

play15:41

with this could be a great side hustle

play15:43

for a teacher or someone in the

play15:44

education space there's really not that

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much cost to get started with it resume

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pilot.com shows that the top executive

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rume writers charge anywhere from $750

play15:54

to $2,000 plus for a resume great money

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for each rume uh more affordable rΓ©

play16:00

writing services are still between $150

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to $450 per resum if you do have those

play16:05

skills and you have experience with

play16:07

resumΓ©s and cover letters this could be

play16:09

a very lucrative business to start and

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you can do it 100% from home college

play16:13

applications you can do job applications

play16:15

bunch of different clients you could get

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number 15 is to start a SAS business or

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a software as a service business so if

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you are in an industry or you know an

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industry that has some pain points that

play16:26

software could solve or there's current

play16:28

software that isn't meeting what the

play16:29

business owners or clients need then you

play16:31

could come up with a software and the

play16:34

great thing about a SAS or software

play16:35

business is that you charge a

play16:37

subscription so you get monthly

play16:39

customers and a lot of the money you put

play16:41

up in just developing the software on

play16:43

average you have 90% margins for a

play16:45

software company so once you build

play16:47

everything you have repeat customers

play16:49

that come in on a subscription basis and

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you're making 90% profits off those

play16:53

customers today it's actually you don't

play16:55

need a ton of development skills to be

play16:57

able to make a software here's a site

play16:58

called bubble.io that really lets you

play17:01

basically drag and drop and create

play17:03

software if you go into their

play17:04

Marketplace you can find a bunch of

play17:06

different pre-developed softwares that

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you can build from and customize so they

play17:11

have a travel Marketplace like Airbnb

play17:14

they have social media like Instagram

play17:16

they have landing pages you can make

play17:18

travel Marketplace WhatsApp there's just

play17:21

so many options and they a lot of them

play17:22

are already built Out restaurant

play17:24

ordering and delivery freelance platform

play17:26

like Fiverr uh so if you want to make a

play17:27

niche version version of any sort of

play17:29

software you can do it on here if you

play17:30

want to make a software for your

play17:32

specific industry you can do it on here

play17:34

without having to pay a ton of money for

play17:36

a developer there's software companies

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out there from making a few thousand a

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month to billions a year you have a pain

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point that you think you can fix

play17:43

building a software company is a great

play17:46

option number 16 is become a virtual

play17:48

assistant or start your own virtual

play17:49

assistant company there are a lot of

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companies out there looking for virtual

play17:52

assistants to do tasks and answer the

play17:54

phone my remote service business I

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actually use a virtual assistant to do

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lot of the answering of the phones and

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sending out jobs to clients and I pay

play18:01

that virtual assistant uh over six

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figures a year so there's a lot of

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companies looking for this and there's

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huge opportunity in it you can start a

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virtual assistant business as just you

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and then you can hire other virtual

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assistants to work with you and you can

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do it fully from your house all from

play18:15

your computer and your phone there's an

play18:17

actual uh virtual assistant job board

play18:19

virtual assistant jobs.com where there's

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jobs available that you can sign up for

play18:23

only $7 an hour $55,000 annually $63,000

play18:28

a year and sometimes you have multiple

play18:30

virtual assistant jobs at once so you

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can be answering the phone for multiple

play18:34

companies there's a lot of people out

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there looking for it it would be a great

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business to run from home uh and it is

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one that you can scale if you want to

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make more money with it you can have

play18:43

other virtual assistance helping you out

play18:45

I know it's something that a lot of

play18:47

people in the Home Services industry are

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looking for e-commerce industry they're

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always looking for someone to answer the

play18:52

phone do administrative work it's still

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wide open for people to get into and

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number 17 if you have knowledge in a

play18:59

specific area that you can teach people

play19:01

about sell an online course now a course

play19:03

is great because you build it once and

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you can sell it infinite amount of times

play19:07

there are a lot of spammy people out

play19:08

there trying to sell courses it's given

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the online course Market a very kind of

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bad name but courses can be very useful

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and they can be very helpful people pay

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anywhere from you know $100 for a course

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to multiple thousands of dollars per

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course depending on its value uh so if

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you are an expert in a specific area

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course could be a great way to monetize

play19:30

your expertise there's a guy named Adam

play19:32

enfroy he teaches people about starting

play19:35

a blog or affiliate site and he's very

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open about his Revenue he made over $3

play19:39

million from his course last year and he

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charges just under $1,000 for that

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course you can make a ton of money from

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online courses if you are an expert in a

play19:48

specific area I highly recommend looking

play19:50

into that and teaching people what you

play19:52

know people will pay a lot of money to

play19:54

get Knowledge from someone who has done

play19:56

something that they haven't done before

play19:57

and be able to show shortcut the process

play19:59

rather than making all the mistakes

play20:00

themselves so a course can be very

play20:03

valuable you do have experience in an

play20:05

area and you think that you can teach

play20:06

people how to do that you can make great

play20:08

money from it and provide a lot of value

play20:11

I hope that those 17 homebased

play20:13

businesses got your uh wheels turning

play20:15

gave you some ideas of a business that

play20:17

you can start from home these are all

play20:19

low-risk businesses to start and they

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have a lot of upside and they can be

play20:22

scaled as big as you want to scale them

play20:24

please let me know your thoughts on this

play20:26

if you have any other homebased business

play20:28

is that you run or that you know of uh

play20:30

comment down below let me know those

play20:32

what those are I would love to hear from

play20:33

you please like And subscribe if you

play20:35

enjoyed this content share it with

play20:36

anyone else who you think might find it

play20:38

helpful I really appreciate you watching

play20:40

and we'll see you in the next one

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