How To Make Great Business Ideas – Coming up with small business ideas to call your own can be difficult. Sticking to building your business can be a lot harder, but I promise, it’s probably not as hard as you think. In fact, the Small Business Advocacy Office reports that small business success rates are about 80% in the first year and 50% after 5 years.
I am a sole proprietor; I had one business that survived for two years (and then decided to close) and my other business is very much alive in its third year and counting! Because of my experience, I have some ideas and tips that I want to share with you to make your small business a success. Some of them you can do before you install them!
How To Make Great Business Ideas
Many people focus on coming up with great business ideas, but forget to first ask themselves the most important question: “What do I like to do?”
Small Business Ideas You Can Do At Home
I know it sounds simple and easy, but trust me… I’ve seen people spend a lot of time and effort starting a business without thinking if it’s what they love to do.
In fact, this is what happened to me. I had my own photography business. I used to love photography, but I hated going to weddings. I also didn’t like taking pictures of newborns. But I invested a lot of time, effort, and money in this job, only to realize after a year of hard work that I can’t do it anymore. I did it for the money, not for the love of babies or the enjoyment of weddings. This mistake led to business failure.
When you love what you do, you’ll want to learn more about it, take action, and learn more. You’ll forget about the boring parts (like writing contracts and proposals, for example) and your small business will flourish and succeed.
So how do you find the best business idea for you? It’s not just going to Google and typing in “business ideas” and seeing what interests you. Try the things you love to do for free first. What are the things that waste your time? If you had a whole day with nothing to do, what would you do? See if you can turn any of these things into a small business!
Online Business Ideas You Can Make Money Within
When you find something you love to do, you’ll be more confident. If you don’t like your job that much, you can quit. It’s that simple. To start, make a list of your top 5-10 ideas and go from there.
Now that you have a list of 5-10 small business ideas, it’s time to create a business plan. A key part of starting a successful business is organization. Many people are afraid to create a business plan and just want to work on real fun right away. They think it’s too difficult or believe they don’t need it to get their business off the ground. Some business owners think they don’t have time, so they jump from business idea to business venture.
The hard truth is that when you don’t have a plan and clarity around your business, your goals and your audience, you’re going around in circles.
When you are pure, you know where you are going and who you are trying to serve. It’s easy to change your compass and follow the path that will lead you to success!
Simple Side Hustle Small Business Ideas For 2022
Another problem people face when starting a business is underestimating the amount of work involved. Many people think that this is all they need just because they are good at what they do. They don’t think through their marketing, social media, or customer service strategies, which is another big reason why small businesses fail.
Now that you know the basics you need to start thinking about starting a new business, shall we discuss some interesting business ideas that will inspire you to take action? Let’s get to it!
Pssst! Don’t forget to save the above image to your Small Business Pinterest board and follow us there!
Maybe you clicked here because you want to start your own business, but you need ideas. Maybe you want to become independent or earn money doing something you love. In this list, we have collected small business ideas for those of you who want to start a business or start a side business to call your own.
Best Small Business Ideas To Start In 2023
Do you like cooking and baking? If you’re the friend that everyone is always calling at the last minute to make a party cake, this could be the perfect job for you! Use your skills and creativity to sell your delicious cakes. You may use social media to advertise your services; just take amazing photos of your work and post them online. The good news is that you don’t have to go to school for this, you can improve your skills at home in your own time!
This is a very flexible business idea for those who have a little extra time in their schedules. You can work from anywhere, and in some cases you can set your own hours. This is usually a part-time job, so you can work as a VA while also starting another part-time small business.
I know many people who think that drawing or painting is a waste of time. But what do you think? People can make a good living doing this! Have you noticed how many cool restaurants have cute menus with cute labels?! All this is done by the calligrapher. If you practice and get better, you can sell artwork online or post things like invitations and cards on Etsy.
Do you have a good eye for drawing? You can start working as an artist today. Showcase your work online, sell photos on stock photo sites, and create more photos for free to build your profile. You don’t need expensive equipment for this, and you can learn to draw at home on sites like Skillshare, Udemi, or Coursera.
Startup Business Ideas That Can Make You Money: 2023 Edition
Is there anything you can do better? Do you have a talent to share with the world? Today there are many ways to teach others. You can go online and create courses on Skillshare or Udemy. You can either teach private lessons at home or have an online course. You can teach music, language or exercise, it’s up to you!
Do you like dogs and walking? If so, becoming a dog walker may be a good option for you. This is a business idea that doesn’t require much – or any – investment. You can start right away. Do some research, understand how it works and start marketing your services online. Once you have a client or two, it’s easier to get more clients – you know the power of word of mouth, right?!
Some people can’t stand planning their vacation. If you love planning, researching and finding the perfect lunch spot, this could be the perfect job for you. Advertise your business online, create a simple website and make it look professional. You can start small by giving this to your friends and family first. As the word spreads, you will start getting more and more customers.
Many people are unable to solve the problems that arise in their homes due to age, skill or busyness. The assistant is always helpful. If you’re always cleaning the homes of your friends and family, why not make some money doing it? Ask them to help you spread the word. You don’t need to create a website to begin with, but if you want to, it will help you promote your new business on social media.
Mobile Business Ideas For Entrepreneurs Who Have A Truck
Another good idea for a small business is to become an asset manager. Some people have property but do not live in it. They want someone who can look after the place and take care of the people who will be renting it. This is another one that you can do as a side business or you can get a lot of clients and make it a full time business that makes a lot of money.
Social media is something that many businesses need help with. Every business needs to be out there, communicating with their audience, but most business owners don’t have enough time to do it themselves, and some don’t understand how it works. If you are a marketing professional, you can offer your services as a media manager. You can work on content creation and publishing on the company website
