That’s what Yegi Saryan, founder of Yegi Beauty, does with her business. After establishing a successful online beauty brand, she turned her talents into passive income. Now, aspiring entrepreneurs can purchase lash classes to kickstart their skills and add it as a service offering in their business. Classes are available both online and in-person.
Whether it’s new construction, electrical, or roadwork, you can bid on contracting business opportunities with the government. This includes providing supplies and materials for new buildings and roads or even renovating old ones. These business opportunities would go through the standard bidding process, but you can also find less intensive jobs like custodial work through sites like Indeed.
“I’m a sucker for little things that go on side tables and desks, so I started playing around with some ideas for concrete planters—the kind of thing that can hold succulents and air plants. I pretty quickly figured out the process to produce the silicon molds I’d need to pour the concrete in, and I was set. A month or so after I had the idea to make these little planters, Cedar + Sail was born!”
Bob Lotich is a Certified Educator in Personal Finance (CEPF®) and has over 10+ years experience writing about Biblical personal finance and is the best-selling author of 4 books including Managing Money God's Way and has been named a top 20 social influencer in personal finance. His writing has been featured on Forbes, The Huffington Post, Yahoo Finance, CBN, Crosswalk, Patheos and others. He has been a full-time writer since 2008 and loves uncovering financial wisdom in the Bible as well as discovering the best tools and strategies to help you put more money in your pocket.
If you work with clients who might need to hire a freelancer for marketing, design, or tech skills, or you write a blog for entrepreneurs and want to promote Fiverr Learn, you might want to consider partnering with Fiverr. The popular site, with over 5.5 million users, offers affiliates a dashboard to manage and monitor campaigns, and creative assets to help you promote their services. Of course, commission varies depending on the service you want to promote — take a look at their full offerings here.
Love dogs? The way to start a dog grooming business is to get basic supplies such as clippers and set up shop in your home. You will work with plenty of canine companions. Get a van and outfit the vehicle to offer a mobile dog groomer service. Dog owners often need other services, such as pet sitting and dog walking, so you may be able to increase your income from existing clients.
Public relations represents another specialized area where there is high demand for consultants. Large firms facing a crisis or a scandal often will hire outside PR specialists with no connection to the crisis or scandal in question. In these instances, the job generally involves developing strategies to navigate the most difficult time period immediately after the issue becomes public knowledge. Some firms bring in PR consultants simply to help develop new strategies or refine a company's public image.
Karen Kilgariff and Georgia Hardstark used Facebook groups to develop and nurture a community around their podcast, My Favorite Murder. This group of Murderinos, armchair investigators who are true crime fans, grew to more than 200,000 members before the podcast sunset in 2018. My Favorite Murder then created its own paid community, the Fan Cult forum, charging members an annual fee. Capitalizing even more on its fandom, My Favorite Murder also launched an ecommerce site with branded merchandise (it also sold event tickets there).
Perhaps most importantly, though, would-be eBay moguls need to specialize. Just throwing junk online won’t work. Sellers need to know what they want to sell and how they’re going to market it to their audiences. Again, competition is fierce, so research, preparation and strategy are critical. (For reference, eBay itself provides an extensive guide to selling on the site.)
Artificial intelligence is one of the new business opportunities that still hasn’t made waves yet. Some fear that robots will take over the world. But artificial intelligence will be part of our society in some form or another. And who knows maybe humans will become half robotic in some way. The businesses that explore artificial intelligence will be part of one of the future’s biggest industries. Some are hard at work already, but we’ve yet to see what will be made of artificial intelligence which makes this an exciting business opportunity.
The General Data Protection Regulation (GDPR), which took effect on May 25, 2018, is a set of regulations governing the use of personal data across the EU. This is forcing some affiliates to obtain user data through opt-in consent (updated privacy policies and cookie notices), even if they are not located in the European Union. This new regulation should also remind you to follow FTC guidelines and clearly disclose that you receive affiliate commissions from your recommendations.
The key to success in this business is being very disciplined in buying. Limit your car buying to popular models that you can turn over quickly, models that you have a strong understanding of current local pricing on, cars that you can buy at a significant discount to the price you believe you can fairly sell them for, and cars that are highly unlikely to need major work.
Of course, photography can take many forms, from photojournalism to portrait photography to general-interest stock photography. You’ll most likely go for either setting up a studio in your home or taking pictures for use as stock photos, as true photojournalism requires years of experience and almost never involves actually working from home. Keep in mind that stock-photo sites work on a revenue-sharing model, so simply selling pictures to one is unusual.
With most of the world being online, we see a rise in cybercrime. Cybersecurity will be one of the most important business opportunities to consider. The industry is growing more prominent, and it solves one of the biggest online challenges people have today. There’s also ethical hacking which is slightly different but can work to help prevent cyberattacks or major hacks for big brands. Those who invest in starting a cybersecurity business will likely realize it’s a prominent business opportunity.