I remember waking up dreading my workday. I’d had my first bout of anxiety dealing with a job that I hated and most of my days were filled with dreams of working for myself. I wanted to be an entrepreneur and work for myself, but I wasn’t sure where to start.
If you’re in a similar situation and you’re trying to figure out just where to start, here are a few ideas to consider:
If your cash flow is limited but you’re still itching to start something on your own, there are many online options that can help you start generating income. If you have an online presence, blog, or website consider affiliate marketing. Most merchants now provide advertising tools and information. It’s up to you to find the right audience, share and start earning a commission.
tip: Consider reselling on Amazon, eBay, Etsy, or even FaceBook marketplace. From selling items that you find dumpster diving, or that you find deeply discounted at other retailers, to drop shipping, there are many ways to start selling products with little to no overhead.
Or, if you’re knowledgeable about a particular skill or subject, consider writing an e-book. With free online tools like Canva and Reedsy, you can get started with very little out of pocket. Most eBook sites also have content and tips to help with editing, design, and marketing.
be open to bringing someone in
Even if your home based business ideas are simple, you’re still going to need resources to get things going. You may not need venture capital, but a mentor might come in handy. Or maybe you need someone to help you manage the process of getting started. No matter what, be open to the assistance, guidance, or investment of others
you don’t have to have an original idea
If you already have a nice nest egg established but you don’t have an original idea to develop, you may be thinking franchise. The startup cost is generally higher than for other types of businesses. You will also get the training and support needed to be successful. This option also allows you to benefit from the reputation and advertising efforts of an established company/brand.