Are you looking for easy and cost-friendly money-making projects? Do you want to earn extra income without having to withdraw most of your savings account? Well, I might just have the answer to those questions.
Starting your own enterprise does not always require a lot of money and a degree in Business Administration. There are a number of businesses which requires only your time, skills and a little from your pocket. All you need to do is tap into your creativity, resourcefulness and perseverance.
Moreover, ask yourself about marketable talents that others might be able to make use of, and then find ways to let them know that you offer such services. It does not have to be something elaborate and you can even just utilize your social media accounts to let people know you are an entrepreneur on the rise. So here are a few simple and economical business ventures you can start with:
1. Pet sitting
This business only requires one thing, your unconditional love for animals and anything furry. A lot of people these days have their own house pet, and there are situations when they cannot bring their beloved critter with them. So, why not turn that into an opportunity to earn a few dollars? You do not need an office or a capital to start this business; however, having a lot of friends with pets would be an advantage.
2. Online Freelance Writing
If you have a knack for literature, and secretly corrects everybody else’s grammar, then this might be a good business to start with. You can create an online profile highlighting your expertise and pose sample of your work and other related projects. Another way to market your skills is to set up a blog. The key is to choose a specific niche in order to build an online presence.
3. Virtual Assistant
Virtual Assistants are like online admin assistants who are hired by professionals to do mundane admin tasks which they no longer have time to do. You will either sort through emails, write a few communications and do research. To make this a lucrative business venture, you will need your own laptop, stable internet connection, and flexibility in your schedule.
A lot of parents these days need to work and have very little amount of time to relax, which is why the demand for babysitters have also increased. Though experience is not a necessity, growing up with little brothers and sisters would be a great advantage on your part. Also, a little insight into child psychology would impress parents because as we know parents want the best for their children. Patience and tolerance are rather important when dealing with kids, but if you know magic, you are definitely a winner.
5. Homemade goodies
If you make killer homemade cookies or cupcakes, you got a gold mine right there. A lot of big bakeshops these days started out in their kitchen and had slowly taken off as soon as a lot of people had heard of their products. Some cupcake bakers open online shops on Instagram, and take orders through their page. It saves you money and time for marketing, and you can start your bakeshop even without the actual shop.