Many of us dream about it start your own company, but sometimes we lack inspiration or we lack the money and in the end we don’t. To help you overcome these hurdles, we’ve rounded up some low-cost ideas brought up by entrepreneurial minds, ideas that you can do full-time, and ideas that can be implemented part-time.
See if you are inspired and get to work!
1. Mobility service driver
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Driving in your spare time sounds like a great way to make extra money, and it can be, but don’t get your hopes up – it’s hard work. According to Nerd Wallet, “Having an annual income of $ 50,000, a conduit of Over The average in the United States has to make an average of 60.21 weekly trips, and those who work for Lyft need to collect about 83.76 trips per week, while those in the sidecar need 70.03. “
In Mexico we only have Uber and I haveSo we’d have to look at the Uber numbers as a guide, but here we describe some of the costs you should consider for this type of job:
- Maintenance and repair of your car
- Parking spaces
- Car payments (such as checks and tenure)
- Car insurance
The point is, it’s certainly a great way to make money, but your success and income will largely depend on where you are and how you can stay active.
2. Virtual assistant
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To become a successful virtual assistant, all you need to do is know how to get things done. In the United States, there is the Horkey Handbook, a website devoted to education and networking virtual assistantsand they list these categories that businesses (and some individuals) seek additional help in: customer service, web design, agenda and travel management, keyword search, capturing, video and photo editing, and more. .
How do I start? On the same website (which also has courses to take from Mexico), here are the steps to follow:
- Choose the structure of your company.
- Decide which services you offer your customers.
- Decide on your pricing structure.
- Launch your website and create your digital presence.
- Look for prospects and build your network.
- Build smart relationships.
3. Daycare owners
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According to GoBankingRates, if you have a home that meets all security and location requirements, you can open a nursery with an investment of less than 20,000 pesos. You need a permit, adequate insurance and accessories. Depending on how many children you can have, you can make anywhere from 20,000 to 100,000 pesos per month.
4. Real estate agent
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Although costs can vary based on where you live, you can make profits in the world of with a minimal investment Real estate. You can’t start at the level of the agents you see on shows like Million Dollar Listings, but neither did they start that way! Josh Altman, one of the stars of the show, spoke with in English and he stated that “at the beginning of your career you must take whatever property they offer you”. However, if you get the first sale / rental and the second sale and continue down this path, you can get a deal that will bring you a very good annual profit.
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Do you love being outdoors and doing sports? As a garden designer, you get both and can start with a very low investment. Depending on the size of the business you want to run, you will need equipment and something to transport yourself with.
6. Campaigns Mailing
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Mailing campaigns are one way too Marketing that sends promotional materials of a company through emails to its database. Town Money Saver is a monthly flyer distributed to households and businesses by mail. In the United States, a franchise costs about $ 5,700. This can be a great opportunity to start a similar ministry in Mexico.
7. Photographer and Videographer
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There are many ways to convert yours hobby Make money one way: do Shootings for websites or media, selling the rights to your photos, taking photos at events and even teaching. Equipment in this area can be expensive, but there are excellent options that you can rent to start your own business. And if you already have your team, there are plenty of places to advertise your services.
8. Dog walkers and pet sitters
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A great business idea for anyone who works from home and wants to make a little extra money playing sports. The only expenses to consider is advertising, although you could do it on social networks or Flyer stuck in your neighborhood. And all you need is to love animals, have enough energy and lots of pockets to collect what you need on your walk.
9. Personal trainer
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Do you love the gym Use your knowledge and muscles and become a certified personal trainer. The cost of the courses and certifications vary depending on where you live. In addition, you can always start. John Romanelli, founder of the website of fitness Not bad representativesdeclared to that a personal trainer in America can make up to $ 6,000 a month.
In Mexico it depends on how many hours you have to invest and what type of training you can offer.
10. Commercial cleaning
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In the US, the cost of a cleaning company starts at $ 2,245. In Mexico, this type of service is just getting started and costs can vary, but it is hands down one of the most affordable franchise options out there and with great potential for expansion.
11. Business Services
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Medium and large corporations need help with documents, forms, promotional items, and other services. In the US, there is Proforma, a franchise company that helps customers “choose the best promotional items for their business, as well as multimedia and e-commerce solutions to promote themselves”.
12th Personal buyer
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Do you love to go shopping? This can be the perfect deal for you. The clientele for this type of service is usually made up of wealthy people who don’t have the time or companies that hire personal buyers to purchase gifts for their customers, prospects, partners, investors, employees, and managers. If you are ready to get started, we recommend reading this useful guide: Start your personal concierge service: your step-by-step guide to success.
13. Party planner for kids
The Children’s parties You are a billion dollar business. If you’re a dad, you already know that you spend an average of about 10,000 pesos per event. If you believe that you have the personality and patience to be in a sugar-rushed room full of kids, this could be a great deal for you. There are two ways to manage this service: organizing the event where your customer needs it, or having your own space to organize it. The book Start your own kid-oriented business provides enough information on how to get your business off the ground and how to cover everything from safety to food and drink to organize parties that kids and parents won’t forget.
14. Homemade bakery
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Between the growing allergies and the desire to find surprising products, cakes, Cupcakes and cookies are in great demand. If you enjoy cooking and have a good honor, you can start a business from your kitchen. Or you can rent a commercial kitchen if you want a slightly bigger business. But with a minimal investment and a little advertising, you can start making good profits.
15. Music lessons
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Here’s something that will be music to your ears: you musical talent You can earn up to 1,000 pesos per hour. You can give private lessons, either at your client’s home or at your own place, depending on the instrument you want to teach. Advertising can be done through social networks, Flyer and word of mouth. We also recommend taking a tour of local music schools to meet people.
16. Content creation
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If you are good at words, there are many things you can do besides entertaining your friends with memes. For example, make money. All you need is your computer and a few contacts. Han-Gwon Lung, co-founder of Tailored Ink, suggests a simple test to see if this is right for you: “Go to the corner store, grab a bag of potatoes, read the label, and improve.” it then. ” He continues, “Or find a simple task that you can do for free. If a friend or family member needs help with a tagline, email, or website, help them. Look for ways to write without passing. It’s not about making money just yet, it’s about seeing if you can write well. “
17. Vintage clothing retailer
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Remodeling a house costs a lot of money, but remodeling an item of clothing vintage… Not very much. You don’t need a lot of money, you need to have a good eye and some passion. If you love looking for hidden gems in the markets and thrift stores, this hobby can be turned into a shop. Knowing how to sew is a plus and sometimes the parts need a really good cleaning, but there are plenty of vintage bags out there waiting to be treasured. Depending on your money and time, you can start a business or sell your things directly on the internet on sites like eBay or Mercado Libre.
18. Non-medical home care
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There will be more seniors than children in the United States by 2035. And this opens up a great business opportunity not just there but all over the world. As people get older, they need more and more help, not necessarily medical one. Elderly caregivers or assistants mainly provide companionship, help with eating, help with housekeeping and remembering medication schedules, as well as simple errands and all daily living tasks that are no longer in position to do.
If you have a personality that adapts to this type of physical and emotional work, you can start your own business and offer your services to older adults in your town.
19. Social media consultant
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Small business owners who are great at baking cakes may not be that good at taking pictures of them or posting beautiful and engaging content on their social media. Or they may not be able to analyze Facebook and Instagram algorithms. And that’s where you come in. When you live practically online, there are things that you take for granted that others don’t do so well, and these people need your help.
To distinguish yourself as a social media guru you need to show that you can deliver results. Build yourself a great digital presence and help some friends for free. Build a word of mouth reputation and in no time many customers are knocking on your door looking to grow their business on social media. Aside from what you remember, there are plenty of free courses you can take online to learn new tricks and trends.
20. Accounting services
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If you are an accountant or have a career in finance manager, you can offer your services by helping people pay their taxes and keep up with the finances. Depending on the time and the number of customers you can serve, you can make a good extra income by helping others with their bills.