In this current age of globalization, overall business integration, and rapidly evolving trading environments, new technologies and business investment ideas are constantly being introduced and exhausted.
According to Entrepreneur.com, 99% of marketers agree that there is every need for new, creative ideas.
Most entrepreneurs do not search for new business ideas. In fact, only about one-third of new business founders surveyed in the Panel Study of Entrepreneurial Dynamics engage in a systematic search for new ideas.
Therefore, the ideas provided in this publication are not really out of the box solutions, but to encourage you to reinvent the wheel that can drive you to success.
There are many ways to make money blogging. You can create blogs for websites or promote your products through your own blog.
You can sell eBooks or video guides and advertise them in your blog, hence enjoying the entire profit. Despite the huge number of blogs, tens of thousands of bloggers are earning a living blogging.
Most of them offer services including writing, WordPress installation, training, social media management. There are even bloggers hiring other bloggers.
Through blogging, you get to enjoy being free to work anywhere – even at home – with no worries. It also does not require too many resources in order to invest; all you require is hard work.
You can start by choosing the platform of your choice, either Tumblr, WordPress, Blogspot or self-hosted WordPress.
If you are a novice, you can go here and start learning how to properly execute your blog.
Writing is one quality that most people have; being a freelancer does not require you to have a lot of credentials.
You only need to know how to research and be able to express yourself in a specific language, often English.
It is a profitable business since content keeps on changing, being discovered and being added to the internet.
The demand and number of clients is high and you can find them through forums or platforms such as Freelancer.com, iWriter, Elance.com and many others.
You will also get to enjoy working at home or where you want to since you only need a laptop and internet connection.
3. Invest on High Volume Penny Stock
This is one of the least talked about investment ideas that can work wonders if managed correctly. Penny stocks can give you considerably higher returns if you invest wisely and enjoy risk-taking.
Research dictates that you should invest in penny stocks that successfully trade no less than a hundred shares per day.
Trading on low volume penny stocks may put you in a bad position. Also, engage penny stocks that are conveniently priced at 50+ cents per share.
4. Food Vending
This is a good business idea for individuals who know how to prepare specific food types, such as cakes.
All you need is to know how to craft, design various qualities and be creative. Before starting this business you need to be informed about your local government’s food handling license.
To get this information visit your county clerk’s office and health department.
Did you know you can sell homemade cookies, pecans you gathers yourself, and many other foodstuffs on online marketplaces like eBay, Amazon and many others?
5. Home Day Care Services
Currently, working parents are increasing in number, creating a high demand for child care services.
It is an excellent business idea for stay-at-home mothers and other individuals who want to build a business and love children. You will need to market yourself around the local area.
Check for any local laws, permits, or legal requirements. Ensure that you have a large space to accommodate children, plan the operating hours, daily activities, meals and snacks, and choose the age group and the number of children you will be taking.
In order to get more money, all you need to do is offer the best services and your clients will bring in more clients.
6. Software Training
If you have specialized in software, then this is the best business idea for you. Starting small by training individuals can lead to building your own institution.
This is a two way traffic business since you get to earn profit and your clients get to gain more knowledge. It also allows you to improve your skills in your field.
You need to ensure that you possess the right credentials, be committed, network with your clients and also capitalize your business.
You can also publish your own training books and sell them to your clients in order to make extra cash.
7. Language Translation and Interpretation
Language translation and interpretation is one of the fields that you can explore. According to ListTribe, most businesses are going global.
This means that the need for translators increases by the day. Create your own small firm, consisting of a few capable individuals who are proficient in different languages.
You can even start this kind of business with your friend or just yourself.
8. Cleaning Service
Starting a cleaning service business is a low-cost business idea. Before starting a cleaning service business you need to choose which type you want.
There are three types and they include:
- Domestic cleaning which involves cleaning people’s houses
- Commercial cleaning that is cleaning properties such as offices
- Specialized cleaning which involves various niches like schools and vehicles
The type of cleaning service you choose will also determine the capital you require and whether you need to employ additional people.
You need to market your company. You can do this with local listings online, by issuing flyers or via classified listings.
9. Selling Garage Sale & Thrift Store Finds on eBay
There are so many items you can obtain from garage sales and thrift store finds and resell them on eBay. Choose a niche to focus on for maximum success.
Having many related items rather than random products of every kind will increase sales. You can rummage through your own household first.
The best selling garage sale and thrift store finds can include:
- vintage accessories
- vintage cassettes
- car items and accessories
- kitchen utensils, linens, housewares
- Christmas goods
With the correct items, you can make hundreds or even thousands of dollars on eBay. Just make sure you check items before you buy them to see if they are hot sellers or not.
10. Make Money on Pinterest
Follow your passion and you will be able to make money on Pinterest. For instance, if a lot of people are spending a great deal of cash on fitness and you are a professional in this field, pinning fitness related products can make you a lot of money.
All you need to do is select a target audience. For instance, women in their 20s who want to maintain their fitness and attractiveness.
Develop boards on Pinterest that will reach out to your target audience. Within a short amount of time, marketers will reach out to you with amazing offers.
Read How to Sell on Pinterest for how money is made there. And check out this video:
Ready to Get Started with Your Own Profitable Investment Ideas?
Which of these investment ideas appeals most to you? There is no time like today to take actions. Have questions? Ask them in the comments.
Or join us in the BizSugar Mastermind Community for brainstorming and advice.
Originally published 11/19/15; updated 9/27/21 to remove bad link, improve formatting for mobile and add resources answering a question from a commenter.
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