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These successful companies were built on sheer innovation and we can see how valuable they have become in the short time they have been around or have been focusing on innovation. When we compare Tesla’s value to that of General Motors, we see that the market capitalization of General Motors is $53.98 billion today [7] in which the company has been around since 1908 [8] whereas Tesla was founded in 2003 [9] and has achieved 50% of General Motors value within 12 years.

If you are thinking about opening a wholesale business, think twice! Although it’s typically easy and quick to be able to reach a high level of sales in this industry, you’ll find it a lot harder to earn a decent profit margin or perhaps even stay afloat at all. Most wholesale businesses operate on very thin profit margins that are possible only because of highly sophisticated and efficient operating procedures, tight credit and collections control, and most of all, a large volume of sales over which to spread overhead.

Totspot is a mom-to-mom mobile marketplace for buying and selling gently used or new children’s clothing.  Totspot users can list clothing items for sale in less than one minute, and all transactions are handled in-app.  Totspot then notifies the seller when their item is purchased.

Many smaller companies hire online virtual assistants to help them with day-to-day needs. Search online want ads for opportunities to work as a virtual assistant or pitch your services to online business owners to get started.

I love working for TTEC@home. I get to interact with and help others from the comfort of my own home. (Have you ever been in Houston traffic rush hour? That says it all!) Plus, they have some of the most amazing people I’ve ever had the privilege of working with. They aren’t just here to draw a paycheck. They truly care about their co-workers. I work many miles from the brick and mortar buildings, but I have a sense of security that my coworkers have my back and I’m not alone.

It’s true what they say, “it isn’t until you’ve lost everything that you’re free to do anything”, and I was faced with the daunting task of finding my way into another career when most companies were laying off people in droves. “Hire you now?“, they’d say, “We just let 20 go!”  After looking down the barrel of my dwindling savings and unemployment, I realized it was time to take control of my future and fail or succeed on my own merits.

Believe it or not there’s a treasure trove of valuable items being thrown away by big box stores around the world. Electronics stores toss out everything from printer cartridges to tablets, and if you’ve got the stomach for rummaging around in dumpsters you can easily make some money (more than you ever thought possible) with this side business idea.

Etsy – If you like to create arts and crafts, you can sell them on Etsy.It’s completely free to open an Etsy store. You simply sign up, post pictures of your creations and starting selling. You can choose your payment option, but PayPal is generally the easiest. Etsy makes it easy to sell and keep track of your inventory. There is a small listing fee and they take 3.5% of every sale you make.

Many elderly people need assistance with a wide variety of simple household tasks – cleaning, laundry, and so forth. Many adult children of elderly people are quite willing to hire someone to help out their parents.

Set up the site. Choose a website building platform, such as WordPress, Joomla or Drupal. Next, choose a domain name and web hosting for your site. The domain name is your web address. Web hosting is a service that connects your site to the internet. Once you have your domain name and web go to the control panel of your hosting account and install your website platform. Design your website by choosing and installing a theme.[10]

As more and more people become aware of how the earth is being damaged by us, they are inclined towards products that are green and do not harm the environment. Access to such products is not always easy if you open green products store, preferably an online one. This can be a great problem solver as well as a good business idea.

I invite you to relax, stay a while and spend time browsing through the site. The Directory of Legitimate Online Home Business Opportunities as well as the Extra Online Income Ideas, all of which are either free or low cost to start, have been thoroughly researched & carefully chosen for you to make online income.

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