17 Home-Based Business Ideas (2024)
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
- π 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.
- π 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.
- ποΈ 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.
- πΌ 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.
- ποΈ 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.
- π¨ 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.
- πββοΈ Number six suggests starting an at-home hairdressing studio, which can be a lucrative business with the potential to earn six figures annually.
- βοΈ 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.
- π 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.
- π΅ 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.
- π 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
π 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.
ποΈ 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.
πΌ 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.
π 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.
πΈ 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.
π 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.
π§ 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
π‘Homebased Business
π‘Remote Home Service Business
π‘Furniture Refurbisher/Flipper
π‘Virtual Accountant
π‘Low Competition E-commerce Store
π‘Etsy Seller
π‘At-Home Hairdressing Studio
π‘Niche Blog/Affiliate Site
π‘YouTube Channel
π‘Music School
π‘Virtual Bookkeeping
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
in this video I'm going to show you 17
homebased businesses that you can run
completely from home now I run multiple
businesses that profit seven figures a
year and I run them all from the comfort
of my home I have analyzed and tried a
bunch of different homebased business
models and found that these 17 options
have the highest success rate and the
most potential of making real money if
you've been looking to start a homebased
business whether it's just to make extra
money on the side or a full-time income
there is something for everyone in this
video a few of them I actually run
myself and have a few tricks and tips on
how you can be more successful with
those businesses let's jump into my
favorite 17 homebased businesses number
one is what I call a remote home service
business essentially what that is is you
run a home service business like I do
this in junk removal you can do it in a
home cleaning business carpet cleaning
window cleaning lawn care you start a
website for that Home Service you find
contractors on places like Thumbtack
Craigslist indeed.com that can do the
actual service for you so if you've
heard of Drop Shipping for a website
where you sell a product on your website
and then someone else ships it out to
your customer for you it's essentially
like that but for Home Services similar
to Uber when an order comes in you send
one of your contractors out to do that
work now I do this as I said in junk
removal a ton of people do this in
cleaning businesses my junk removal
company now operates in over 40 cities
Nationwide uh we profit seven figures a
year and I run it all from my computer
so here's a company that does this in
the junk removal space called load up
you can choose a mattress a dresser
recliner and so each of those items you
choose gets added to your cart with an
upfront price over here when someone
goes through and actually books a junk
removal job on load up they have
contractors that it automatically gets
sent out to just like uber will go out
pick up the items so if they're charging
$150 for this they might pay the
contractor $80 $90 they're making $50 to
$70 profit on that pickup and they don't
have to go out and do the work made this
is another example in the home cleaning
industry so they have locations all
throughout the country and you can book
a home cleaning service on their website
it automatically gets sent out to their
contracted out cleaners and they will
come do the work I tried a bunch of
different homebased businesses and this
is the one that really took off for me
the home service industry is very
outdated and it's very easy to come in
and disrupt that industry and get
started even as a beginner now homebased
business number two is a Furniture
refurbisher or flipper now this is a
very easy business to get into doesn't
take any Tech skills so what you do is
you pick up an old piece of furniture
from a garage sale or a flea market you
take it home you refurbish it finish it
maybe stain it and then resell it now a
lot of people are making anywhere from
$200 to $500 a month doing this as a
hobby but there are other people who
make this a full-time job and make
anywhere from $10,000 to $20,000 per
month now if you're going to do this and
take it seriously you're going to be
buying as many pieces as you can fixing
them up and then flipping them on places
like Craigslist Facebook Marketplace
offer up and you will be surprised at
how much money you can make now I found
some examples on this blog post here of
some things that people picked up and
flipped uh these chairs they picked up
for $50 refinish them sold them for
1,300 bucks this Grill they picked up
for $200 and resold for $2,800 and a lot
of this stuff they're finding at flea
markets so you go to the local flea
market and garage sales in your area and
just find stuff where you can get a deal
and fix it up now business number three
is going to be an atome or virtual
accountant accountant I have today is
fully virtual so I have phone calls with
her I send her all my documents in the
mail we communicate via email most of
the time I don't see her face to face so
starting a virtual accountant business
if you have an accounting degree this
would be a great option there's a lot of
demand for accountants you don't need a
ton of SEO skills or ranking skills use
local word of mouth as well as your
Google my business listing to start
getting traffic to start getting
business you can make some great money
with an accounting firm all directly
from your home now according to data on
starterstory.com the average startup
cost cost for an accounting firm is just
under $220,000 probably less if you're
going to be fully remote or virtual and
the ceiling for how much you can make
with an accounting firm is endless
multiple ones on here making over $4
million a year $6 million a year to make
into the six figures just doing it by
yourself number four is go into a low
competition e-commerce store now a lot
of people are probably telling you to
start an e-commerce store but e-commerce
can be competitive and difficult to get
into the most important thing is to
choose the right product that you can be
successful in now I either recommend you
go into a product that you know a lot
about or you find a gap in an industry
and fill that Gap otherwise I highly
recommend you go after low competition
keywords and low competition products
for example there is a site called
antler rings.com and what they sell is
rings with antlers from Deer inlaid
inside the ring now this is a very Niche
term with low keyword difficulty not
very competitive and they make over $5
million a year just selling antler rings
and going after the keyword antler ring
if I pull them up on ah refs which is my
keyword finder that I use to analyze
different websites and keywords bulk of
their traffic is coming from the keyword
antler Rings which has a keyword
difficulty of six now keyword difficulty
goes from zero to 100 and six is very
easy to rank for bulk of their traffic
is coming from one keyword and they're
making over $5 million on that one
keyword so you want to look at low
competition keywords that you can go
after and build a store around and it's
going to be a lot higher likelihood that
you're going to be successful and make
more money with that and number five is
an Etsy seller if you don't feel like
making your own e-commerce store and
selling products there and you maybe
make something personalized or some
handmade Goods Etsy is a great place to
sell on the median Etsy seller makes
about $500 a month and a lot of them are
just side Hustlers you can make a lot
more than that Etsy comes with very low
risk and is a great way to sell things
if you're doing woodworking making any
jewelry digital items that people can
print off at home it's a great way to to
sell those things without having to
really put any money up front now here's
an example of a lady called planner Kate
who sells planners and stickers for
those planners she sold millions of her
item made millions and millions of
dollars of really just selling planners
and accessories that go with those
planners if you do decide to sell with
Etsy my one thing that I would recommend
is to find low competition and very
Niche items that are selling well you
can see on Etsy how many sales different
sellers have find ones that are selling
really well but maybe don't have a lot
of competition or maybe something that
you feel like you could make something
that sets you apart there is a lot of
competition on Etsy a lot of people
selling there but if you find the right
Niche you can really get traction and
make a lot of money now number six is
start an atome hairdressing Studio I did
some research on this the numbers are
actually pretty great to make six
figures a year doing this from your home
if you do it at home you don't have to
rent out and pay a commission out to the
salon you get to keep all the money for
yourself if you're experienced looks
like the average ticket for a cut and
color is around $120 and that doesn't
include tips so if you had 14 to 15
people a week getting the haircut at
your house you could be making six
figures a year charging $120 plus tips
that doesn't include the cost for
materials but that is some great money
and it's something that you can run
fully from home there's definitely
potential to make more money than that
and number seven is start a niche blog
or affiliate site now I run an affiliate
site that profits well into the six
figures a year I write it all myself I
don't have any employees with that this
is definely a longer business model it's
going to take a little bit of time to
start ranking your Niche site but if you
enjoy writing and you have a niche that
you're passionate about it's a great way
to monetize that knowledge that you have
so what you do is you write articles I
go after low competition keywords again
you write articles around those keywords
and then you put in affiliate links to
products and when someone clicks on that
link to that product and buys that
product you get a percentage so say
you're doing this with best TVs if
someone is looking for best TV for a
small living room they find your article
they look through you have suggestions
on different TVs that you've tested out
and reviewed they click one of those
links to one of those TVs and buy it on
say Amazon you get a commission which is
a percentage of that total sale you
don't have to do any of the customer
service you don't have to do any of the
shipping you just get a percentage of
that sale for referring that customer
now there's a huge scale of how much you
can make doing this like I said I make
made six figures doing this with my site
there's sites like wire cutter that make
millions and millions of dollars a year
the Points Guy is another example of
this with he does it with credit cards
and makes well into the millions of
dollars a year and there's also little
sites that make 1,000 2,000 10,000
$20,000 a month so it really depends how
much effort and work you want to put
into it and which Niche you go into I
definitely recommend if you can go into
a higher ticket Niche higher ticket
niches are just going to give you higher
commissions and you're going to get more
money for the effort that you are
putting in and I also recommend that you
go into a niche that that you are either
very knowledgeable in or passionate
about if you're going to be doing the
writing you're going to be doing a lot
of writing on that topic and so it's a
lot easier if you're passionate about
that topic and you know what you're
talking about rather than having to try
to research everything on that topic 80%
of affiliate sites earn with anywhere
between 0 and $80,000 a year there's
about 15% that earn $80,000 to a million
a year and then there's about 1% of
affiliate marketers ranking in the six
to seven figures monthly meaning they're
making $100,000 to a million dollar
every month so there's a wide range of
how much you can make but there isn't
really any money upfront to get into
this and number eight is start a YouTube
channel if you enjoy making videos if
you have a niche that you're passionate
about this can be a great way to make
money just an idea of how much you can
make with a YouTube channel on average
people make about $18 per thousand views
so if you get 70,000 views in a month
that's
956 if you get a million views in a
month that's $5,000 and that doesn't
include you can also put affiliate links
links Down Below in your description you
can get sponsors for your videos and
make extra money that way like a theme
with this whole video If you use a tool
like tube buddy and you find low
competition keywords to go after when
you start your YouTube channel you're
going to find that you can rank a lot
easier in YouTube search and you're
going to start getting views for your
videos and get subscribers it's a lot
faster actually to get up and running
than it is with a niche affiliate site
so if you are comfortable on camera or
making videos I would highly recommend
you try to go into starting a YouTube
Channel you can supplement that with a
niche affiliate site or you can just go
YouTube right off the bat but it's a
faster way to rank you can make some
great money from ads Affiliates
sponsorship deals coaching and it can be
a great atome business whether you are
on camera or you decide to do a faceless
YouTube channel number nine is start a
music school from your home there's a
site called grow yourmusic studio.com um
they have a step-by-step article on how
to make $10,000 per month teaching music
basically you can set up a room in your
house and have multiple kids at one time
learning piano uh you can also have
private lessons where you charge a
monthly fee to meet people weekly if you
know music and you feel like you could
teach that to people uh there are a lot
of people looking for either music
classes or one-on-one music lessons that
you could do from your home and this
will give you a step-by-step kind of
outline of how you can go about making
$120,000 a year even more by starting
your at home music studio and number 10
is a virtual book bookkeeping business
or being a virtual bookkeeper now you
don't have to have an accounting
background to do this entry-level
bookkeeping can involve you know
categorizing things entering in
financial information really just being
organized and knowing how to sort out
financial information for any individual
or a business according to pay.com the
national average is making about $56,000
a year though there's a lot of people
that report making well over six figures
a year with their virtual bookkeeping
business this is a lowcost business to
get started in and if you're very
organiz organized and you know how to
use things like QuickBooks this can be a
great business to get into definitely a
lot of upside hire out more virtual
bookkeepers for you if you want to
expand your good business and get even
bigger now number 11 is be a virtual
personal trainer and or virtual
nutritionist virtual trainers on average
one out of every five personal trainers
earns over $75,000 a year and one out of
every 10 personal trainers earns over
$100,000 a year now these odds are way
better than the vast majority of other
businesses out there and they can go
hand inand so if you're a personal
trainer you can upsell with nutrition
and you can do this 100% virtually it
allows you to see more clients you can
sell them on nutrition plans you can
send them a workout plan on a daily
basis that is a lot easier to scale than
having to meet people one-on-one in
person here's an example uh Jonathan
Jordan Fitness Services uh virtual
training nutrition coaching you can see
his virtual training he's got people on
a zoom call working out with with them
watching them work giving them tips he
has a lot of other services as well an
app with workouts and stuff for his
clients so there's a lot of different
ways you can go with this a lot of
add-ons that you can expand upon but
it's definitely an option to do virtual
from your home number 12 is product
photography for e-commerce store owners
in 2021 the e-commerce product
photography Market was estimated at
around $120 million it is expected to
more than double the $275 Million by
2028 this means a lot more e-commerce
stores are looking to pay money for
pictures of their products the
e-commerce Market is growing and people
realize that a quality picture is what
is going to sell their product now if
you're a photographer set up a studio in
your home where you take pictures of
people's products they can ship them to
you you unbox them take your pictures
and then send them back and send them
the photos this is a great business to
run from home and you can Market to
people all over the country one example
of this is squareshot decom uh their
revenue is estimated to be between $5
and $10 million per year youd send in
your e-commerce products they charge for
clothing products $50 an image beauty
products $50 an image jewelry $100 an
image all sorts of different products
you can choose the product that you want
to send in number 13 is become a
freelancer if you have skills in a
specific area you can sign up for sites
like upwork freelancer.com and provide
services to people on a freelance basis
they can hire you and you're working for
yourself you can do this 100% from home
this is great for anyone who does web
development logo design even Legal
Services advertising there's a bunch of
different options so writers on average
make $30 to $40 an hour editors $25 to
$35 an hour programmers $60 to $70 an
hour general developers $50 to $60 an
hour mobile developers $55 to $60 web
developers $50 to $60 an hour graphic
designers $40 to $45 an hour
transcribers 20 $25 an hour upworks
industry research showed that 60% of
people who became Freelancers instead of
working an industry job made more money
when they left their job and became a
freelancer so Freelancers are making
great money you can do it on your own
time and you can 100% do it from home
you can actually build a customer base
start your business and then take those
customers off of the freelance
marketplaces and build your own business
around that so you can find long-term
clients from places like upwork
freelancer.com and then get those
clients on a regular basis upsell them
with other services and really build a
solid business number 14 is start a
resume and cover letter writing business
I found one article a guy who was making
$2 million a year just doing resumΓ© and
cover letters so there is huge potential
with this could be a great side hustle
for a teacher or someone in the
education space there's really not that
much cost to get started with it resume
pilot.com shows that the top executive
rume writers charge anywhere from $750
to $2,000 plus for a resume great money
for each rume uh more affordable rΓ©
writing services are still between $150
to $450 per resum if you do have those
skills and you have experience with
resumΓ©s and cover letters this could be
a very lucrative business to start and
you can do it 100% from home college
applications you can do job applications
bunch of different clients you could get
number 15 is to start a SAS business or
a software as a service business so if
you are in an industry or you know an
industry that has some pain points that
software could solve or there's current
software that isn't meeting what the
business owners or clients need then you
could come up with a software and the
great thing about a SAS or software
business is that you charge a
subscription so you get monthly
customers and a lot of the money you put
up in just developing the software on
average you have 90% margins for a
software company so once you build
everything you have repeat customers
that come in on a subscription basis and
you're making 90% profits off those
customers today it's actually you don't
need a ton of development skills to be
able to make a software here's a site
called bubble.io that really lets you
basically drag and drop and create
software if you go into their
Marketplace you can find a bunch of
different pre-developed softwares that
you can build from and customize so they
have a travel Marketplace like Airbnb
they have social media like Instagram
they have landing pages you can make
travel Marketplace WhatsApp there's just
so many options and they a lot of them
are already built Out restaurant
ordering and delivery freelance platform
like Fiverr uh so if you want to make a
niche version version of any sort of
software you can do it on here if you
want to make a software for your
specific industry you can do it on here
without having to pay a ton of money for
a developer there's software companies
out there from making a few thousand a
month to billions a year you have a pain
point that you think you can fix
building a software company is a great
option number 16 is become a virtual
assistant or start your own virtual
assistant company there are a lot of
companies out there looking for virtual
assistants to do tasks and answer the
phone my remote service business I
actually use a virtual assistant to do
lot of the answering of the phones and
sending out jobs to clients and I pay
that virtual assistant uh over six
figures a year so there's a lot of
companies looking for this and there's
huge opportunity in it you can start a
virtual assistant business as just you
and then you can hire other virtual
assistants to work with you and you can
do it fully from your house all from
your computer and your phone there's an
actual uh virtual assistant job board
virtual assistant jobs.com where there's
jobs available that you can sign up for
only $7 an hour $55,000 annually $63,000
a year and sometimes you have multiple
virtual assistant jobs at once so you
can be answering the phone for multiple
companies there's a lot of people out
there looking for it it would be a great
business to run from home uh and it is
one that you can scale if you want to
make more money with it you can have
other virtual assistance helping you out
I know it's something that a lot of
people in the Home Services industry are
looking for e-commerce industry they're
always looking for someone to answer the
phone do administrative work it's still
wide open for people to get into and
number 17 if you have knowledge in a
specific area that you can teach people
about sell an online course now a course
is great because you build it once and
you can sell it infinite amount of times
there are a lot of spammy people out
there trying to sell courses it's given
the online course Market a very kind of
bad name but courses can be very useful
and they can be very helpful people pay
anywhere from you know $100 for a course
to multiple thousands of dollars per
course depending on its value uh so if
you are an expert in a specific area
course could be a great way to monetize
your expertise there's a guy named Adam
enfroy he teaches people about starting
a blog or affiliate site and he's very
open about his Revenue he made over $3
million from his course last year and he
charges just under $1,000 for that
course you can make a ton of money from
online courses if you are an expert in a
specific area I highly recommend looking
into that and teaching people what you
know people will pay a lot of money to
get Knowledge from someone who has done
something that they haven't done before
and be able to show shortcut the process
rather than making all the mistakes
themselves so a course can be very
valuable you do have experience in an
area and you think that you can teach
people how to do that you can make great
money from it and provide a lot of value
I hope that those 17 homebased
businesses got your uh wheels turning
gave you some ideas of a business that
you can start from home these are all
low-risk businesses to start and they
have a lot of upside and they can be
scaled as big as you want to scale them
please let me know your thoughts on this
if you have any other homebased business
is that you run or that you know of uh
comment down below let me know those
what those are I would love to hear from
you please like And subscribe if you
enjoyed this content share it with
anyone else who you think might find it
helpful I really appreciate you watching
and we'll see you in the next one
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