Everyone knows legal proceedings take forever, can be very expensive, and the outcomes can be uncertain. I became involved in litigation with a service vendor and it looked like we had no alternative but to go to court. However, our opposing attorneys agreed to hire an arbitrator and we ended up with a much better result, with much less time and agony. A great business—and a great service for individuals and businesses.
It doesn’t happen overnight, but licensing a foreign product for sale domestically, can be a lucrative business idea that (at times) leads to a big payoff down the road. Invest intelligently, sell a product you believe in, and you can reap the rewards for years to come.
While there are all kinds of training that corporations will pay for, I am focusing on sales training because the demand is so widespread. It is an absolutely critical function, even for small businesses. If you don’t have great contacts at larger companies I would suggest you target smaller firms, such as those with sales forces of 6 to 20 people. Small enough so that everyone isn’t trying to sell them training, but large enough that they are likely to be willing to pay for it.
Become a mystery shopper. This means doing business with various establishments and rating their products and services without their knowledge. It may sound like cake, but remember that it requires discreteness, a good memory for detail (ex. the name of every individual who helped or served you), and enough cash for you to be able to pay for your shopping experience up-front and then wait to be reimbursed pending the approval of your review.
Choosing the path of entrepreneurship, and working on your side business idea, is without a doubt riskier than being content with holding a 9-5 job. It requires way more sacrifice. However, once you’re reaping the lifestyle benefits of being your own boss and hustling your way into making significantly more money with your business idea than you ever could at your day job, the hard work will have all been worth it. So, let’s talk business ideas.
As we mention earlier, India is the world’s third largest market for automobiles. The trend will continue and the country will most likely emerge as the world’s biggest market for vehicles. This means, a greater demand for tires of all sizes. This is the right time to enter tire manufacturing.
How much time would you say that your car just sits there not being used? Probably at least half of the day, right? Did you know you can actually rent out your car to others with the potential to make over 600 per month?
Consider selling in lots. A lot is a collection of similar items that is sold in a group. For example, if you have a collection of books, magazines or similar pieces of jewelry, consider selling them all at once in a lot. You many not make as much money as you would have if you sold each item separately. However, the items will likely sell more quickly in a lot than they would individually.
As a plugin developer, there are many ways you can distribute your plugins. Anyone can submit a free plugin to the WordPress.org plugin directory, as long as they follow the WordPress plugin guidelines. This is a great way to gain experience and build a reputation for yourself as a WordPress plugin developer.
It also might surprise you that though there are far fewer bookstores around these days, sales at bookstores that have weathered the storm are up five percent. Though it is partially due to less competition, it is also that the opportunity to reinvent bookstores for the 21st century has proved lucrative.
A catering service may be a large business serving meals to armies of people at special events. Or it may be a single person business serving dinner to just a few people. Specialization can help build your business. For example, here in New England some caterers specialize in clambakes.
collectable items and antiques are often in demand from the right buyers and can have a lot of value. If you know a lot about specific collectables then you could look for bargains and then sell them off for a profit. There are plenty of sites for collectible items so you should have no problem in finding buyers.
John Rampton is an entrepreneur, an investor, an online marketing guru, and a startup enthusiast. He is the founder of online payment company Due. Known as a connector, Rampton was ranked No. 2 in Entrepreneur magazine’s Top 50 Online Influencers in the World, and named a marketing expert by Time. He currently advises several companies in the San Francisco Bay Area.
I loved to collect stamps and coins when I was a kid. In Boston, the dealers’ stores were all side by side on Bromfield street. Today some coin and stamp dealers still have retail locations but many others work primarily online. This is a great business to start part-time and then consider going full-time later on. Or is it just a hobby with the potential for making a lot of money? American President Franklin D Roosevelt would spend many enjoyable hours alone with his stamp collection.
This is one of the most popular small businesses because everyone wants a house cleaner. The work is repetitive. But if you can show up on time and do a good job consistently (I find many the work of many cleaners deteriorates after the first few weeks), you will build a healthy clientele. And if you can charge enough so that you can delegate, you can grow this into a large business.
If you are good at teaching you can start online tutorial business. In this business you need to create content for specific course online and create subscription model for usage. It could be module wise cost or even usage wise.
The chances that your app becomes the Next Big Thing™ are practically nonexistent. You’ll just end up gambling too much of your time and money into an app that very few people want to download. You want safe income and flexibility and this isn’t a safe bet.
Ebates is another cash back app, similar to DOSH, and right now they are offering a $10 signup bonus. There’s no rule saying you can’t have multiple cash back apps, so not sign up for a couple just so you get the bonuses? Once you get your bonuses, then just use whichever app gets you the best deal on your upcoming purchases. Easiest money ever!
Besides working online, there are other opportunities to earn extra cash. Some of these are online jobs; others involve working on-site all or some of the time. They all provide a way to increase your earning potential, and a way to have more flexibility while you work.
Most cities will have monthly networking events for landlords and property investors. Track these down, sign up, put on your best suit and go along with lots of business cards. Or you could start on LinkedIn or even Twitter to build some initial contacts.
Then you have the issue of theft. The summer I ran Bob’s Rent-A-Bike, I had seven bicycles stolen. One day, one of my rental agents (the owner of a small motel), called to say that although no bicycles were stolen that day, someone had walked off with the unlocked 20-foot-long, 30-pound chain that I gave him to lock up the bicycles at night!
EL James’s Fifty Shades of Grey started as a self-published e-book – now’s your chance to emulate her success. Amazon’s Kindle Direct Publishing tool lets you upload your own e-books instantly, for free. Every time the book sells, Amazon gives you up to 70% of the list price (excludes VAT).
Conduct your regular searches on Bing, make it your default search engine, and earn credits that can be redeemed for gift cards. You can earn as much as $5 to $10 per month. Tip: Just stay signed-in, when you perform a search.
Many students work part-time or during the summer months, and others will be on placements or paid internships. More often than not, if you are a student working during the year, you will be overpaying income tax.
If you’ve got a flare for cooking up tasty meals, consider giving private cooking lessons to clients in their own homes. Simply meet with them to determine their food likes, pick out a menu or two, have the client shop for the ingredients (as part of the learning experience) and set up a day and time to teach them the joys of cooking.