Be Your Own Boss: How to Set Up Your Own Business, 3rd Edition

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Are you organized, can multitask and are meticulous about your work? Chances are that someone out there is looking for a virtual assistant with your skill set and would be willing to pay quite well. To start off, you can look for assistant jobs on platforms like Upwork or on remote working websites such as Jobspresso. This job is also a great way of making contacts in an industry that you want to eventually end up in.

If you are a native English speaker or are bilingual but proficient in English, you could look towards teaching English as a second language to people online. If you are leaving behind a corporate job with a fair amount of experience to start your own venture but have no idea where to begin, this one may be for you. There are several people out there who want to learn how to ace a promotion interview or ask for a raise, or simply land a high paying job.

If you have useful tips for them, you can just start your own consultancy and people will be willing to pay you good money to learn the tricks of the trade. Real estate valuation is a great job to have because you can decide how much you want to work, where you want to work from and these parameters will decide how much you earn.

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Of course, apart from the certification, you also need to have a solid understanding of the market to be able to make a living for yourself in this field. There is a huge demand for graphic designers in the market today. If you already have the existing skill set and knowledge of design platforms such as Adobe Illustrator, Photoshop or Sketch , then you can literally just sign up to Fiverr or Upwork or find remote jobs on websites such as Jobspresso.

A lot of consumer psychology is based on how the customers interact with a website or app interface and how pleasant or easy the experience is. Believe it or not, there are entire businesses set up for people to hire someone else to create their powerpoint presentations. For those who are not well-versed in technology or have a tough time getting around Microsoft Office, creating a presentation can be a major challenge and even a hurdle in their professional career. Familiarize yourself with different types and formats of presentations, such as Pechakucha or Prezi , and you can widen your customer base even more.

Web developers are highly valued due to their specific knowledge of a complicated subject. You can further hone your skills or learn a new language on Treehouse. Creating an app and launching it is a tedious process with a lot of hard work going into it — from the coding and development phase to creating a beautiful interface and providing the best user experience possible. Furthermore, you might also want to market your app on social media.

If your first app is a success this may launch you into a career in app development with some great projects in the future. Build your portfolio with online companies such as HuffPost and then work your way to creating your own medium of news; be it a blog, youtube channel, social media channel, etc. Then you can add sales funnels by looking into advertising revenue. This is a great idea if you are running a channel on YouTube and have decided that you would like to turn the views into revenue.

The same can be done with a website that is generating plenty of traffic. All you have to do is join one of the big affiliate networks such as Clickbank or ShareASale and you can turn your existing content mediums into a source of passive income. Do you have a hobby or passion that causes people around you to constantly ask you for advice in that field or tell you that you should teach or spread your knowledge?

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Well, you should listen to them! You can start your own podcast about niche topics that you have a solid knowledge base about; the more specific the topic is, the better. If you already have a podcast that you are running for free, you can crack some sponsorship deals to turn it into a source of income. All you need to be sure about is whether you are creating consistent, valuable and relevant content for your audience. Many small business owners, especially ones that are foraying into the ecommerce world, like to create a basic website, usually hosted on WordPress.

If you have a working knowledge of WordPress or have the time and resources to invest in learning about the platform, you could be earning hundreds of dollars just to launch a website.

How to start your own business: 5-step quick start guide

Investing your time in learning about WordPress will pay off in the long run as well because it is an important skill to have these days. There are several businesses out there that are looking for individuals to fulfill customer service positions. This requires a fair amount of experience, good people and management skills and should be familiar with organizational structures.

Platforms like Upwork and Jobspresso provide many opportunities and the best part is that if you are good at what you do, you can even hire a team to scale your business and take on bigger clients. Online courses are awesome! Whether you are learning from them or the one doing the teaching, there is a great opportunity here. If you are good at anything, chances are that there are people out there who would like to know how to do exactly that, no matter which field it is.

People are willing to pay big sums of money to learn things online without having to get them from traditional educational institutes such as schools and colleges simply because they will still be paying a whole lot less and they can learn at their own pace. There are several platforms such as Skillshare that you can teach such courses on. Your blog can be about literally anything you want and chances are that there is an audience out there for it. If you are planning to start a blog, you need to constantly work on honing your writing skills and come up with fresh and engaging content ideas.

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Listen to what the audience wants and provide them with that, all while maintaining your unique voice. Once you learn how to perfectly straddle the line, you can get sponsors involved, use affiliate marketing and use social media channels to drive traffic to your website to monetize this process. Some bloggers are now traveling the world for free, have media empires of their own in their respective fields and are considered influencers with a high value.

Let that sink in for a minute. This business is nothing new but there is still money to be made in this sector.

Startup Statistics UK - MOST Brits Want to Start a Business

Buy low, sell high and you can do it from literally anywhere with an internet connection. Of course, this requires some amount of initial investment on your part, but once you get the hang of it and learn to analyze what a good domain for this purpose is, you can be making a whole lot of cash really soon! With hours of video being uploaded to the website per minute and 3.

S are known to use YouTube as a marketing tool. Since YouTube is owned by Google, videos that are uploaded on YouTube rank better in the search engine results and even more so if the video and the accompanying text is keyword-rich. You can get as creative as you want and, contrary to popular belief, great video content can be made on a small budget.

So instead of just using YouTube as a marketing tool, you could make it a career! If your skill set involves having great sales and marketing skills and you enjoy building professional relationships to grow your network, this may just be the field for you.

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Many companies are looking for someone like you who has their own sales consultancy with a great technical know-how. The better you get at this, the higher your commission goes. Are you passionate about music? Do you have a love for teaching? Do you enjoy attending theatre and plays often? If so, you could be a music teacher or consultant. This is great for any music lover; to be able to make money doing something they are truly passionate about.

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Help them invest and provide consultations on how to better manage their funds, be it for the short term or the long term, and you could be taking a commission off their profits from your investment advice. As their capital grows, so does yours. Several firms outsource a lot of their daily operations as it is cheaper for them to do so — especially if the tasks at hand are not in alignment with the core strength of the company itself.

One of the most outsourced tasks is bookkeeping and accounting. If you have a background in finance, you may want to think about starting your own company that deals with such outsourced work. The one thing about being involved in business consultancy is that you will need credentials no matter how good you are. Think about it: Would you take business advice from a random person working out of their home or garage?

Companies are always looking for people with a great sense of business, no matter which field it is — public relations, marketing, strategies, human resources, etc — so if you already have the required certifications then maybe you should jump onto this bandwagon. For some people, a life without travel is unimaginable.

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If you know how to get the best deals and would love to share your passion for traveling, then why not become a travel consultant? You could build personalized travel experiences and itineraries for those who will pay you for such a service.

Create groups on social media, start a website and offer planning packages and, of course, run a travel blog side by side. While it may seem a lot, if you truly are passionate about globetrotting then this will seem more like play than work! Fitness coaching is a great business to enter! Of course, this requires in-depth knowledge about nutrition and exercise but more and more people have started to become more conscious about healthy living. If you have a keen business sense and you combine that with your knowledge of health and well being, you could have clients lining up for your guidance.

Start off with personal training and then perhaps go onto building your fitness empire. Several corporations have yoga days and meditation sessions a couple of times a week to help their employees cope with stress and lead healthier, more balanced lives. If you have a keen interest in yoga, you could start your own website that caters to anyone who wants to learn — you could even sell yoga products mats, clothes, etc as a bundle with your classes.

If you know your way around these platforms well and often have strong opinions and can word them well, you would do great in the social media management sphere. If you already spend a majority of your time on social media, then why not monetize it? Are you familiar with the basics of SEO and willing to learn more about it? If so, businesses can use your particular skill set to target the right consumers and scale their customer base.

Even though paid ads are the ones that nearly everyone is targeting, if you truly want to scale and reach your audience organically, SEO is the way to go. Start with smaller businesses that focus on a niche audience, hone your skills and learn from the experiences — get in on the action and you are bound to have a pretty successful online business if your SEO skills are on point. Are your friends often jealous of your Instagram or social media following?

Do you have an impressive number of followers? If so, you could be an influencer in your chosen field. Of course, there is some amount of business and marketing acumen required, but you can definitely start earning through social media. So rack those followers up and start making that money! Do you have a distinct voice or the capability of modulating it on command? Are you great with impressions or have a commanding and resonant voice? If you answered yes to any of those questions, you could be making money by literally just talking.

You could work with animators, movie makers, advertising gurus and even help make educational content, all while being paid really well! Yet another reason for bilinguals to rejoice! If you speak two or more languages, including English, and love the freedom that remote work can provide, you should look into starting your own translation services business.