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Five Businesses That You Can Start Tomorrow Without a Lot of Startup Capital

Five Businesses That You Can Start Tomorrow Without a Lot of Startup Capital

If you currently are unemployed, either by choice or not by choice, or work a full-time job, you may be thinking about what life would be like if you had your own business. You may be tired of getting a paycheck that is less than satisfactory, bored with your current situation, or no longer wanting to work specific hours.

You may also find that many of the “work online from home” jobs are usually too good to be true, and require up-front costs without delivering any profits. Whatever your reason, there are ways to start your own business with very little start-up cost!

#1. Web Content Writer

Were you always the one student who enjoyed writing essays in school, or did you have a knack for the English language? Can you write or edit documents in a variety of niches? Perhaps you should consider becoming a web content writer.

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Commonly known as freelance writer, this requires very little start-up cost. You need a computer with a steadfast internet connection and the knowledge to network among companies and other platforms to get the writing jobs, but once you begin to receive steady work, you may be recommended by others to do their web content writing as well!

#2. Direct Sales

There was once a time where Avon and Tupperware were the premier direct sales companies. Today, there are hundreds upon hundreds of quality direct sales companies that have many successful consultants.

Yes, there is a small start-up cost, usually in the few hundreds (or more, if you want more product to showcase), but other than that, all you need is a reliable mode of transportation for your home parties and a savvy way to network among friends and friends of friends.

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#3. Day Care

Many new mom’s that are hesitant about going back to work, find that starting their own day care business is an ideal way to stay at home with their own children and make an income. With the high cost of day care, many find that much of their paycheck after going back to work is going to day care services, which negates the actual point of working outside the home.

You can start an in-home daycare with little cost and in little time. Be sure to check with local laws and ordinances about licensing, permits, home inspections, and any certifications you need before opening your new business.

#4. Gift-Giving

For a unique twist on an at-home venture for the creative-minded individual, gift baskets are the perfect pick-me up for hospital or rehabilitation patients. Startup costs will include a variety of quality baskets, adornments and a highly reputable company that can supply you with fresh flowers, gourmet coffee and snacks, and small gifts.

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Costs will also include a website and any other marketing materials or advertisements to make your business known.

#5. Dinner Delivery

Are you a talented cook or baker? If so, a food delivery service can be your own business! You can make distinctive and delectable dishes in your home kitchen and have a delivery service for those that are too busy to make healthy meals on their own time.

For celebrations, you can also offer a variety of confections, such as wedding and birthday cakes. Startup costs will vary and you will also need to check into regulations, inspections and permits on using your own kitchen for commercial purposes. You will also need startup funds for advertising, a website and of course, fresh ingredients that will need to be used and replaced often.

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If you are ready to start your own company, try to avoid doing it completely on your own, at least in the beginning. It is important to completely understand all facets of business, even if you are in it on your own.

Find a business coach you can trust to ask questions and get advice from, such as a tax advisor, small business advisor and others who are in your field. Paying attention to the laws and ordinances of running a small corporation, even if it is online, will prevent any unwanted surprises at tax time!

Seeking advice from those who have experience and success doing precisely what you plan to, will allow you to know what to expect, help you avoid common mistakes and give you the tips you need to get off to an ideal start. Good luck and happy planning in your new venture!

Featured photo credit: Startup Stock Photos via pixabay.com

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Beth Hedrick

Freelance Writer

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Last Updated on November 19, 2018

How to Find a Suitable Professional Mentor

How to Find a Suitable Professional Mentor

I went through a personal experience that acted as a catalyst for an epiphany. When I got fired from a job, I learned something important about myself and where I was headed with my freelance career. I realized that the most important aspect of that one rather small job was the influence of the company owner. I realized that I wasn’t hurt that the company and I weren’t a perfect match; I was devastated by the stark fact that I needed a mentor and I had almost found one but lost her.

Suddenly, I felt like J.D., the main character in “Scrubs,” chasing Dr. Cox and trying to rip insight and wisdom from someone I respect. The realization that a recognized thought-leader and experienced entrepreneur severed ties with me felt crushing. But, I picked myself back up and thought about five ways to acquire a mentor without having the awkwardness of outright asking.

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1. Remember, a professional mentorship must be mutual.

A professional mentor must agree to engage in a mutual relationship because, as the comedy T.V. series showed us, one simply cannot force someone to tutor us. We have to prove that we are worth the time investment through persistence and dedication to the craft.

2. You have to have common interests with your mentor.

Even if a professional mentor appears at your job or school, realize that unless you and this person have common interests, you won’t find the relationship successful. I’ve been in situations where someone I respected had vastly different ideas about what was important in life or what one should spend his or her free time doing. If these things don’t line up, you may find the relationship won’t be as fruitful, even when the mentor knows a great deal about one industry.

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3. Thought-leaders will respect your passion.

One of the ways you can prove yourself worthy to a professional mentor is through your passion and your dedication. No one wants to spend time grooming and teaching another who will not take advice or put the effort in to improve. When following thought-leaders on Twitter and trying to engage with higher-ups in a work setting, realize that your actions most often speak louder than your words.

4. Before worrying if he respects you, ask if you respect him.

On the other side of the coin, you should seriously reflect on those common interests and make sure you respect your professional mentor. Just because someone holds a title, degree or office does not mean that person is trustworthy or honest. Don’t be swayed by appearances and take the time to find a suitable professional mentor.

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5. Failure is often the best way to learn

I honestly have made more mistakes than I can count. I know I’ve learned a great deal from poorly organized businesses and my own poor choices. The most important quality I’ve developed is an ability to swallow my pride and learn from my mistakes. If life knocks me down nine times, I get back up 10 times. One of the songs Megadeth wrote, “Of Mice and Men,” resonates in my mind when I pull myself up by my bootstraps and try again for a goal I’ve set: “So live your life and live it well. There’s not much left of me to tell. I just got back up each time I fell.” Hopefully, this brief post can act as a professional mentor to you in your quest to find not only a brave leader but also a trusted adviser.

Featured photo credit: morguefile via mrg.bz

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