How to Start a Business From Home During Covid-19
Looking to start a home based business during the Covid-19 worldwide pandemic?
Working from home might be a dream you’ve had for quite some time. But, today, with Covid-19, stay at home orders and the prevalence of the internet, more and more workers are turning to home based businesses.
Best of all, the startup costs for your new business can be incredibly low, often requiring nothing more than a laptop, a website and the desire for success.
Below we'll mention a variety of home based businesses that you can start. You’ll find that some are more computer based, while others will force you away from your screen and have you dealing face to face with clients (Whilst wearing a mask off course).
eCommerce store owner
With an eCommerce store, you can either create and sell products you’ve manufactured by yourself or you could source cheap goods from a foreign country and sell them at a markup.
Ecommerce stores have been growing in popularity in recent years, especially in these tough times during the Covid-19 worldwide pandemic. If you prefer to sell physical products instead of digital services, then this might be perfect route for you.
Join a freelance site
There are so many different freelance sites that you can take advantage of by selling your freelance skills.
To build a sustainable business on these platforms, you’ll need to create a niche for yourself. For example, are you a web or app developer? Are you a graphic designer who does startup web design? Or, are you a writer who specializes in small business personal finance?
These platforms are a quick path toward a reliable income. As your experience and reputation grow, you can expand beyond these platforms and diversify your client base.
There are a number of different photography-based businesses you can build from home.
For instance, you could easily specialize in wedding photography, portraits, product photography for eCommerce, studio photography, drone photography, events, real estate photography and so much more.
Of course, you’ll have to leave your house for most of these niches, but once the photos are taken, you’ll be spending hours in your home office, editing.
The first step here would be to figure out your niche.Will you write emails for companies? Blog posts for digital agencies? Or focus on copywriting for food professionals?. If you have a passion for writing, then you can build up a great business writing on the web. Even with little experience, you can build up a stable business rather quickly.
With your niche narrowed down, it’s time to start pitching companies who need your services. If cold pitching seems a little daunting, you can always start by browsing jobs posted on freelancer sites like Upwork and Freelancer.
Social media manager
Almost every person is are active on social media these days. But, one of the best things is that now you can actually build a business around managing and growing social media accounts for other businesses or brands?
Brands will pay decent money for people to manage and grow their social media accounts. CNN even lists social media managers on its list of top 100 careers.
If you’ve had success with your own social media accounts, you’re already a step ahead. If not, there are a ton of different educational resources you can use to grow your skillset.
Lots of online businesses and entrepreneurs are now turning to virtual assistants to handle daily tasks. If you love planning and organizing, then becoming a virtual assistant might be the right choice for you. As a virtual assistant, there are a ton of different tasks that’ll fill up your workday.
It might range from bookkeeping and responding to emails, scheduling meetings, posting to social media or doing general data entry.
If you’ve always had a love for design or spend your free time playing around with Photoshop and Illustrator, then you can build a business around your design skills.
There are several different niches you can tap into with your graphic design skills. For example, you can find work in markets like:
Front-end web design
Book cover design
UX design for mobile apps
There are nearly endless array of niches open to those with the right amount of skills.
Digital marketing covers a pretty broad category and can cover virtually any online marketing task. As more companies jump online during this time, you can build a business by helping these companies succeed.
Deciding on the correct niche will help to increase your chances of success.
Here’s a quick look at the types of skills you can build an online business around:
SEO and SEM
Google My Business page creation
You can either build up a client base or serve clients virtually across the globe.
If you have a knack for web design or you’ve always wanted to learn how to build websites, then you can easily build a viable business.
Your first step would be to learn how to code and to build your skills and portfolio. Once you feel confident in your abilities, it’s time to start reeling in clients.
You can start pitching clients on platforms like Upworkork start building relationships with businesses directly.
To increase chances of success, it’s always a good idea to find a niche for your services. Are you focusing on the local market? Or, maybe you build sites for startup eCommerce companies?
Sell stock photos/video
If you have a passion for photography or videography, you can turn it into a big business. All you have to do is upload content that’s popular and selling.
To build a long term business, it can be helpful to create a niche for yourself on these sites, either through you unique style or the topics you capture.
Etsy store owner
Are you into crafting and regularly creating Pinterest worthy crafts, art and other goods? If so, you might be sitting on your very own potential Etsy store.
Spend some time exploring Etsy to see if there’s a market for what you produce, then make sure you can keep costs low enough to turn a profit.
If you can satisfy these two conditions, then you have a solid chance of running a successful Etsy business.
If you can move enough of your products on Etsy, you always have the option of moving to a fully functioning eCommerce store as well.
The skills required to get your business off the ground are minimal. The fact that you can work from home or a beachside bungalow, might help to make it a more appealing home business idea even though it might not seem like the most exciting job.
All that’s needed is the willingness to learn how to input information into your clients desired software program.
Publish Kindle books
Self publishing has brought down the walls between you and your career as an author. If you’ve been dreaming about making a living as an author, this reality might just be in reach. As a self published author you can make up to a 70% royalty on all your books.
The ease of publishing in todays world means there’s more competition, but by writing a book that satisfies reader expectations, you can still make a good name for yourself and even stand out from the rest.
Spend some time figuring out the genre you’re planning to write in. Then, write the best book possible, and build your email list of readers to whom you can sell books in the future.
A blog in and of itself won’t make you any money. But there are a lot of different ways you can monetize your site once it’s picking up traffic, such as:
Selling affiliate products
Selling eCourses and eBooks
Creating a blog gives you a wide variety of opportunities to create an excellent side business or even full time income. There are tons of success stories floating around online about bloggers hitting it big.
Sell online courses
Chances are, you have some existing knowledge you have to dispense and sell as an online course. The online education industry is projected to grow to $325 billion by 2025. There’s enough room to make a name for yourself in this space.
You can package your knowledge in the form of an online course and sell it in a ton of different ways. You can integrate your course into an existing blog, sell courses from your social media profile pages, and even use one of many education platforms like Udemy or Skillshare.
The online world is so expansive. There’s room for almost every niche.
Run an Airbnb
With people stuck in homes for months due to international lockdowns, everybody is just akin to take a much needed vacation. Even though there goes a into managing a successful property via Airbnb. If you’re serious about renting out your home or even just a room, then you have the chance to build a decent side income in the coming months when the world finally allows travel once again.
Depending on how desirable your property is and the reality of your local rental market, you may be able to offset your entire rent or mortgage just by renting out your place on the weekends.
Starting and running a business from home takes a lot of work, but having passion and dedication will certainly help get you through. When looking through the list of ideas above, make sure you choose an idea that you’re really passionate about and not just one based on potential profits.
Even though you might be working from home, try and invest in things like a professional website and the right business structure to ensure you succeed. Spend some time evaluating your skills and start thinking about how you want to get paid for your time. Use this list as a reference for further research and investigate further into the ideas that intrigue you most.