Starting a business has become quite a trend during COVID-19. It has been on the minds of almost everyone who has been affected by the pandemic when businesses started closing left and right. Employees started thinking like entrepreneurs and existing entrepreneurs looked for other ways to meet people’s needs, including their own financial needs.
If the pandemic happened a decade earlier, it would have been a lot harder for everyone to start a business because, back then, it entailed a large amount of capital. However, with the advancements of technology, a lot of ordinary folks can start a business with very minimal capital right in the comfort of their homes.
If you are a budding entrepreneur and you want to get something started at home, here are a few ideas that can probably help you build your business empire.
10 Business that Budding Entrepreneurs Can Start at Home in 2021
1. Online Shop
Perhaps the easiest thing to do to augment one’s income, pandemic or not, is to sell all sorts of items online. It’s very easy to start an online shop nowadays. Whether you decide to sell pre-owned items or brand-new ones, all you need to do is get on an online selling platform, create an account, and post your items.
2. Affiliate Marketing
If you don’t have enough money for capital, you can always do affiliate marketing and help promote other people’s products on your site. Just look for your niche or any product that you like, promote or talk about it to other people, and earn a commission for every sale you make.
3. Social Media Consultant
Instead of spending all of your time on social media just browsing through your news feed, why don’t you turn it into something more profitable and use your social media savvy to be a consultant? A lot of businesses are looking for ways to maximize and optimize their social media accounts. Your expertise in this area will prove useful to them and profitable for you.
4. Podcasting and Vlogging
If content creation is one of your passions, make the most out of it, and become a professional podcaster or vlogger. At the very least, you only need a smartphone or tablet, a social media account, and some technical know-how.
5. Arts and Crafts
Hobbies are also a great way to get business on the side, especially if you’re great at arts and crafts. You can sell some of your creations — like paintings, bracelets, trinkets, woodwork, and other similar stuff — to family, friends, and your contacts online for extra income.
6. Mobile App Development
A huge majority of the world’s population is using smartphones and mobile apps. If you have the technical knowledge to create and develop mobile apps — whether they’re for entertainment or practical use — this might be an option worth exploring.
7. Airbnb Host
If you have plenty of spare rooms in your house, you can convert them into additional bedrooms and start your own Airbnb business. With a few tweaks to your property — such as minor remodeling work on your garage, basement, attic, or spare bedroom — and the right Airbnb training course, you can become a host soon enough.
8. Drop Servicing
You’ve probably heard of the term drop shipping at one point in recent years. Drop servicing pretty much works just the same. You can provide services to different businesses as some sort of talent pool where you connect clients with people with specific skill sets the company needs.
9. Catering Services
Love to cook for people? Then start your own catering business right in your kitchen. Come up with different menus for different days and post them online for people to see what you have to offer. This is very helpful especially for those who don’t have the time to cook or have no skills in the kitchen whatsoever.
10. Home Bakery
Another simple home-based business to launch is a home bakery. It’s a great way to earn some extra dough and it can also be very therapeutic to the one doing the baking. Why do you think a lot of people turned to bake when the pandemic started? They found something worth doing that kept them sane and earn a little at the same time.
Being an entrepreneur now has been a lot easier compared to launching one ten or more years ago. Take advantage of the resources available to you today. Don’t miss out on the opportunity to add to your income. Start planning now so you can launch your business soon.