Many of us like the idea of starting our own business and becoming our own bosses, but we’re afraid to step away from the financial security of our full time jobs.
There are some businesses however, that you can start part time and grow to gain a steady stream of income, before leaving your job to focus on it full time.
Now, just because they’re part time jobs doesn’t mean they’ll be easy. In fact, juggling both will make you feel exhausted at times and questioning if it’s really worth it. The truth is that anything that’s worth doing takes time and effort to create. It’s important to remember that, although you might not see the income straight away, you’re building the foundations of a business that will eventually yield rewards.
Here are 3 businesses you can start in your spare time with the aim of growing them into full time income providers.
People need to eat and with them being more mindful of the food they’re eating and the ingredients that are used to make it, there’s a real opportunity to start a business focussing on producing your own organic and gourmet foods. If this is something you’re considering then your first port of call will be to look at food licensing requirements in your area, and making sure you get fully licensed.
Then there’s a number of things you can do:
- Grow and sell produce at local farmers market
- Start a food truck
- Organic meals delivery
- Hampers and delivery…
These are just a few ideas but their are limitless possibilities. The thing to keep in mind is that food is a necessity, every one has to eat and if you can meet the need for a healthier meal, then you’ve got yourself a great food business.
It’s easier than ever to get your book finished and in front of people to buy. With the rise of ebooks and the barrier of having to get a publisher gone, if you’ve a talent for writing then you’ve a real opportunity to make money.
Even if you’re a subject matter expert but not confident about your writing skills, you can hire the services of an editor or ghostwriter to make sure it reads and flows well.
The hardest part about writing is starting and if you can commit to even an hour a day, you’d be surprised at how quickly you can get your first draft finished.
Then it’s down to redrafting until you’re happy with the finished product, creating a cover or getting one made, and getting ready to publish it.
Amazon have been a real help to the self published author in that you don’t have to build your own website or manage payments. Depending on what price you sell your book for, you can receive up to 70% of the final selling price. Not bad.
Many people are making a great living doing this and it’s a great time to start.
Blogging has been around for a while now and the way it’s done has certainly evolved. It’s not uncommon for once small blogs to grow into large online magazine with a huge following base – if the effort is put in.
You’ll need to purchase a domain name and basic hosting initially and consider an easy to use CMS such as WordPress. You can start with one of the basic templates or if you want to spend a little bit extra on your look and feel, there are thousands of developers that create templates for almost any purpose. Themeforest would be one of the most popular sites.
Once you’re happy with the design, you need to get down to the serious stuff – writing great content. Content is what’s driving people every where on the internet and if you aren’t constantly updating your blog, or writing poor quality content, people aren’t going to hang around for long.
You’ll need to develop a good understanding of online marketing and how to drive people to your website. You’ll also need to understand monetisation methods such as advertising or affiliate marketing.
It takes time, but if you stick with it then it’s more than possible to make a good income from blogging. However, you need to make sure you’re in the right area. For more information on finding what this is, check out our article on identifying a niche.