The world will never be the same again, no thanks to the global pandemic. One of such significant changes was the rise of more entrepreneurs due to the high employee layoffs and limited places to find jobs. Some channeled their inner salesperson while some had to rely on “street smarts” to fend for themselves somehow. Today, business is the new “dream job,” There has never been a better time to venture into one.
While some business ideas will only help you put food on the table, others with completely revolutionize your existence and change your entire concept of what a successful business means. These business models will take you places, make you meet influential people, collaborate with top firms, and make you tons of money. Here is a list of five business models that will make your life better.
Let’s get to business!
Ghostwriting or ebook writing involves writing books on behalf of various clients, including publishing houses, schools, established authors, and public figures. Have you ever wondered how most celebrities became authors overnight without proper education in publishing or journalism? Or how did they find the time for writing in their busy schedule? It’s easy; professionals write books for them. Writing is a lucrative business, and you get paid more depending on your skills and experience. Perhaps the best part is that you can do this in your spare time, and you don’t need a degree in writing to start this business. When the workload becomes overwhelming, you can establish a proper company and hire other skilled writers to join your team.
- Chatbot development
Have you noticed that virtually every business website has a chatbot feature in them? These automated self-help assistants can be helpful to the website guest by answering their questions. About 1.4 billion people use website chatbots. They’re crucial to digital marketing, customer service, and overall website ranking. Thus, they are a must-have for every website. There are over 1.8 billion websites globally, which means more than enough clients seeking these services. You might think creating chatbots is a highly technical skill for IT gurus, but that’s not accurate. Almost anyone can create these robots since many easy chatbots building websites enable you to make these bots with zero coding knowledge or experience.
- CBD product sales
Producing and selling CBD products is federally legal in the United States; thus, you can trade openly, albeit with restrictions. You can start a CBD business in your home by planting cannabis in your backyard or buying wholesale from other producers. If you’re looking for a registered CBD merchant online, try CBD Genesis. They can supply you with quality CBD delta-8 products, and you can receive free delivery on goods over $50. You know a business is lucrative when the demand is high, and your clientele includes both male and female adults.
- Event planning
Event planning is one of the most fulfilling and lucrative businesses you can find. You make people happy doing what you love and get paid for it; it’s that simple! Although you need hands-on training to become the complete event planner, your creativity and passion are the key ingredients for success. There are about 1.3 million and 1.8 million business events in the UK and US yearly, not to mention weddings and entertainment concerts. This implies that there’s no shortage of clients in this business. You can start your event planning business by helping friends, family, neighbors, or colleagues organize parties. Use social media for promotion. Always take before and after pictures of the event venue to post to social media. This can generate traffic to your social media accounts and increase calls for event planning contracts.
- Online teaching
While teaching in a conventional academic institution would require a series of academic qualifications and classroom experience, online education doesn’t always need this. Also, you can teach virtually anything as long as you’re great at it. For instance, you can teach math, knitting, woodwork, makeup, or cooking. You only need to register with some popular online teaching platforms to get started. Some of the top online teaching websites include;
These platforms allow you to meet students from all over the world. They also help you make sure that you run a standard teaching curriculum and earn your income without problems. Besides these formal teaching platforms, you can also exchange your knowledge for money on social media for free. Start a YouTube channel dedicated to your craft and create tutorials for your guests and followers. In many cases, people make more money from teaching on social media than on conventional online teaching platforms.
6. Dropshipping Business
Oberlo is a dropshipping marketplace – we had to mention dropshipping at some point!
Dropshipping is the easiest option to start an ecommerce business without having to buy any products in advance. Use Oberlo to find thousands of products from suppliers to sell online. Then sell to customers across the world while building and promoting your own brand, all without needing to invest in warehousing or manufacturing costs. You don’t need to pay for inventory until it’s sold to an actual customer. From online boutique to jewelry store to women’s clothing store to one-product store, dropshipping works for most online store ideas.Check out our guide to starting a dropshipping business to learn more about this great opportunity.
7. SEO Expert
One of the online world’s hottest professions at the moment, this business is a gold mine for the tech-savvy entrepreneurs. While everyone’s slightly obsessed with getting their sites SEO optimized, not many people can actually wrap their heads around this topic. If you decide to go into this field, you can think about offering link building, content creation, ecommerce SEO optimization, and similar one-off packages.
8. App Development
Apps are an amazing lucrative market, so it is not surprising that more and more companies are investing in them. This means that there is a growing need for app developers to create their applications. Offering app development is a great opportunity as you can work on vastly different applications on a daily basis.
9. Theme Designer
Just like a website developer, a theme designer is working with websites but in a different way. Choosing theme designer as your side hustle idea means building new website themes for business to use for their website. This could mean researching popular themes, identifying their shortcomings, and creating a theme that solves these pain points while remaining true to the popularity of the previous theme. If you are an expert in a certain industry, creating themes for this industry could see you reap much success.
10. Remote Customer Service Agent
If you enjoy helping people but don’t want to be stuck in a call center or office all day, become a remote customer service agent and help people from the comfort of your own home. Choose between helping people via chat, email, phone, video, or other ways and save the day for people every day. This may not make you your first million, but it feels great to help people.
Doing business is perhaps the best way to get the life you want. You’re your boss; you make your own rules and work when you want to. You’ve probably heard of the phrase “work smart, not hard”; these business ideas are the true epitome. Take your pick, and get down to business!