Finance

Business Ideas for Young Entrepreneurs

Business Ideas for Young Entrepreneurs
Business Ideas for Young Entrepreneurs.

Choosing the path of entrepreneurship and working on finding great business ideas, is without a doubt riskier than being content with holding a 9-5 job. It requires 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 ideas than you ever could at your day job, the hard work will have all been worth it.

When it comes to choosing a career these days, there are so many more options that don’t involve having to physically go into an office. Thanks to the internet, setting up a work from home business has never been easier. You can work from the comfort of your own house — you can even work in your pajamas — and still have a thriving, high-paying career.

And the flexibility that a work from home business offers is unbeatable, especially if you have little ones at home that you want to be able to take care of simultaneously. So if a work from home business sounds like it could be the best fit for you, but you’re not quite sure what career path you want to take, here are some awesome work from home business ideas that you definitely need to consider.

BLOGGING

Think blogging is no longer a viable source of income? Think again. Recent blogging statistic show that tens of thousands of bloggers (including yours truly) are creating profitable content on topics as diverse as scrapbooking, home cooking, travel, film, lifestyle, business, personal finance and more.

The best part? It doesn’t cost much to blog—about $65/year. And more people are growing their blogs into six-figure businesses thanks to a combination of email subscribers, affiliate marketing, blog sponsorships, and other revenue streams. Your first step with starting a blog is quickly getting the technical side of things handled on blogging, and then both understanding what your audience craves and learning how to attract those readers online.

FREELANCING

Freelance writing can be a hustle, but for those with the writing chops and the right contacts, it can be a great work from home gig that can be done full or part-time. To get started, you’ll need to choose was type of writing you want to do (blog, magazine, newspaper, creative, etc.) and what topics you’re most capable of covering, and send your ideas to editors of the publications you want to write for. The salary for a freelance writer can vary, but according to Glassdoor, has an average of $52,800.

GRAPHIC DESIGN

While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own. An increasingly easy-to-use Adobe Illustrator and even more easily accessible tools like stencil and vismeare making it so that just about anyone with two opposable thumbs, a bit of creativity, and motivation can earn a side income doing things like designing (and selling) images like these motivational quotes that can be printed onto posters and sold on platforms like Etsy. Or you can find a local startup, small business owner, or photographer who could benefit from some extra help designing or altering images.

TUTORIAL

If teaching someone one-on-one is your thing, then setting up your own private tutoring business sounds like the perfect job. You’ll have the option to either have students come to you in person, or you can tutor online, which will allow you to reach even more clients. According to ZipRecruiter, a full time tutor makes an average salary of $58,190.


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button