Love to start a business from home? Here are five ideas to inspire you

Business

Love to earn money running your own business on your terms? Here are five business ideas that women can start from home.

scFemale entrepreneurs are nnsforming the economy. In the US alone, there are 9.1 million businesses owned by women, and these generate an estimated $1.4 trillion in sales each year.

As more and more women receive the training and freedom to create their own businesses, their boundless creativity and unique angle on business is benefitting the wider economy.

And for mothers who struggle to find a flexible working position that fits their needs and works for their family responsibilities, starting a business can be an attractive option. But a business doing what?

If you fancy the idea of starting your own business working from home but don’t have a clue what you can do, we’ve put together five ideas to help inspire you. (You can also get our Business Idea Kit, and start to brainstorm your own business ideas.)

1) Blogging

Bloggers have a huge range of potential revenue streams. Many bloggers make money from ads, affiliate marketing, services, sponsorships, and more.

Cultivating a blog is no easy task, however, and it requires a good understanding of the complex world of digital publishing. The good news is, though, that you can base your blog around your own interests. Are you great with personal finance and looking to share your ideas? Or perhaps you have personal development experience that others could benefit from.

The internet gives everyone a platform and if you have the authority and drive, you could find that launching a blog could become a profitable venture.

Want to make money from blogging? We recommend reading these articles:

2) Start an online store

Do you produce your own products? The internet gives artisan manufacturers direct links to a range of customers around the globe. Find the right problem to solve and your business.

That’s exactly what happened when Michelle Aran became frustrated at having to choose between mobile phone cases with great, stylish designs but poor protection, and cases that protected her phone properly, but didn’t have the range of designs she wanted.

So she started manufacturing her own, and launched Velvet Caviar – taking it from a passion project in a New York bedroom to a successful and viable business.

This is a complex and multifaceted undertaking but if you have the drive and the willingness to learn about e-commerce, you could find that your life will be transformed through your new business.

You can read more tips on starting an e-commerce business in these articles:

3) Sell your skills

Now more than ever before, we are all hungry for knowledge. We want to learn as much as possible for a range of reasons, whether those are personal or professional.

Are you good at teaching languages? Can you offer professional guidance counseling? The internet connects you to a range of potential students who could benefit massively from your insight.

If you are articulate and passionate about helping others, there are a range of ways that you could teach online. You don’t necessarily have to deliver one-to-one classes, but you could create course materials and websites that help people to learn more.

Or, if you don’t fancy teaching others your skills, why not sell them to people and businesses who need them, as a freelancer or consultant? Here are some articles that can help you get started:

4) Become a social media manager

Social media is still an essential marketing channel for many businesses, but unfortunately, it’s often neglected. If you have social media skills and find it effortless to craft that perfect Instagram Story, maybe you could consider launching your career as a social media manager.

There are lots of potential businesses out there – if you cultivate a good business pitch and have the ability to demonstrate your success stories in the past, there’s no reason that you can’t launch your business!

This is a flexible and rewarding business that can be easily launched online, giving you the ability to set your own schedules and work with the clients that you want to work with. It’s a really interesting time to get involved with the world of social media.

5) Become a transcriptionist

The world of transcription is an interesting one. Many companies adore video and they produce a wealth of video marketing material. It is an effective way for them to engage with audiences, but it’s not the most accessible medium and it is difficult for search engines to identify what is happening in a video.

This is why many companies need their videos to be transcribed. Those scripts can be linked with the video and used as subtitles, helping companies to get the most from their investment in video.

There are lots of companies out there that need professional transcribing services, and it’s a fun career! You could learn a great deal and if you scale your business, even help others to find work. You can find out more about becoming a transcriptionist here and here.

Read more ideas for starting a business from home

We hope that these few ideas have helped you to look at potential business ideas in a new light. If you’d love more ideas and inspiration, we recommend reading these articles:

Need help getting your business off the ground?

Whatever type of business you decide to start, it can be lonely and tough trying to get it off the ground yourself. That’s why we created TLC Team, our popular monthly membership club for small business owners.

As a member of TLC Team you get:

  • Monthly resources and printables to help you work on your business.
  • A live monthly masterclass on topics like pricing, confidence and sales copy.
  • An online community of fellow small business owners.
  • An accountability partner (if you want one).

Already, being part of TLC Team has helped to transform some members’ businesses. Here’s what they’re saying:

  • After the class I went in at 60% more than I had initially planned and this has been accepted.
  • Totally inspiring and really helpful. Highly recommended!
  • I feel so much more confident about the value of what I do.
  • It gave me the confidence to put the prices up in a contract – and the client accepted them without question.
  • I just want to say what a useful tool the ‘Monthly Achievements’ is.
  • Best business investment I have made so far!

If you’d like to find out what you get in TLC Team, and join us inside, take a look here.

And finally – here’s some home business inspiration for you!

Personally, nothing inspires us more than reading stories about other people succeeding. Not only do their stories make it seem more achievable, but we get fired up and keen to get started ourselves. So, here’s a selection of inspiring home business stories from our readers:

Photo by henri meilhac