One of the most popular niche examples targeting men is beard oil as the grooming industry makes approximately $6 billion in annual sales. There are many successful stories of flourishing beard companies making tens of thousands in sales each month. Other companies are selling hundreds of thousands worth of beard grooming products each year. Approximately 39% of American men have beards which is an increase of 15% from 2012. The men’s toiletries industry is worth approximately $3.4 billion surpassing the men’s shaving industry by over $1 billion.
Sell old textbooks. If you just finished college, you might be able to turn your old textbooks into cold, hard cash. You probably don’t need your old books anyway, and sites like Amazon.com, BookFinder.com, and Cash4Books.net make the process easy and painless.
Part of trusting the system is focusing on ONE step at a time, not jumping ahead. I have a proprietary process to show you how to identify what you’re ALREADY great at… and what the market will pay for. You need to find a burning pain.
It’s amazing how you can have a business even if you are not working with technology. This shows that as long as you have the will to be of service to people, then you can create a business out of it.
Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off (Insure.com went for $16 Million in 2009) there’s still plenty of others that you can get your hands on for relatively cheap and broker as your side business idea. But beware: some experts doubt the long-term viability of this business idea, so you shouldn’t quit your day job just to put all your effort into this one without some successes already in the bag. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names. Imagine owning desirable domain names for the next decade’s most innovative companies.
If you’re given the choice, opt to get paid in cash. If you get paid in gift vouchers, spend them ASAP. Doing so reduces your chances of being left with invalid vouchers should the retailer go bust on you. Plus it means you can’t lose them or forget about them until they go out of date. For more info on this, see our Gift Voucher Warning.
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).
One downside of dropshipping is that you have to find a good supplier, which can be a challenge, and sometimes you have to place a large order up front. This can make it difficult to get started without investing a lot of money.
While many companies are allowing existing employees to transition to various telecommuting options, some companies are also building work forces that are made up solely of employees working from home.
As any sources of extra income need to be declared, ensure you’re upfront with HM Revenue & Customs. Survey earnings are self-employed income, which means registering as self-employed with HMRC on 0300 200 3300. Register late and you could face an automatic £100 penalty. For full information, read HMRC’s self-employment leaflet.
If you are really want to your own boss and build a highly successful business, I am sure that you will find an idea that you really like on my extensive list! And once you have chosen your idea, check out our guide explaining the 5 critical steps you need to follow to start your own business.
If you’ve got the attitude (and look), there should be a product or service out there on the hunt for the right model to promote their brand as a side business idea. You can sign up with a large agency, find a freelance agent, or look for your own modeling gigs as an independent talent. Since modeling is a complex field, get all the advice you need before jumping right in and find a mentor who can guide you through some of the early challenges it’ll take to establish your brand. Depending on your preference, you can specialize in a single media format such as video or still images, to build a compelling portfolio and grow this into a business idea that has the potential to scale.
Most ambulances in India are nothing but a van fitted with gurneys to carry patients and accident victims. You can launch a superior service by importing vehicles used for ambulances that are complete with life saving equipment and run by paramedics.