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Part Time Business Ideas With Low Investment
The road to entrepreneurship has many routes such as starting a part-time business. Not everyone you see with a successful online business just quit their nine to five job one day and became profitable the next.
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You want to start a new business but you are not exactly sure what it should be. This is where starting a part-time business, or a weekend business, comes into play. It’s a low-risk way to experiment with different ideas while making a full-time salary.
But turning an online business idea into reality is not easy on the side. You come home after a long day of work, you spend what little time you have with your family and friends, and you try to catch a productive session, working on your side hustle before bed.
It takes some mental sweat, but it’s 100% doable. This article will walk you through nine profitable part-time business ideas you can start today, with a guide to planning your weekends so you can make the most of your free time.
To help you find the inspiration to get started, we’ve compiled a list of 100+ in-demand business ideas, divided into categories like fitness, clothing, and gaming.
Part Time Business Ideas With Small Investment
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With a little knowledge and hard work, you can start your own part-time business that makes more money than driving an Uber or babysitting. Check out the following nine ideas you can use to be your own boss today:
Whether you want some extra income or want to grow an online store, a dropshipping startup is the best business idea for you. Dropshipping is a fulfillment method where you do not keep any product you sell in stock. Instead, you purchase the items from a supplier after the order is placed and the supplier ships it to your customer.
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Most dropshipping stores don’t take a lot of money or time to set up and run. When done correctly, it can be a profitable business venture for you.
Most people don’t quit their day job right after launching a dropshipping store. They spend time growing their store first, dealing with customer service issues and finding the best suppliers, until they see a healthy cash flow. All businesses and entrepreneurs are different, but it is possible to generate an income of $1,000 to $2,000 per month after a year of working on your store about 10 to 15 hours a week.
Although it may seem challenging at first, this passive income idea can earn you residual income and eventually a full-time salary when done right.
Print on demand is an easy way to monetize your creativity. This involves working with a supplier to customize products like bags or shirts with your own designs. The supplier sells them to you on an order basis with your brand. In other words, you don’t pay for any products until you sell them. The company also fulfills and ships your customers’ orders.
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Print on demand is a great part time business idea because it requires little investment. You don’t hold any inventory. You don’t have to spend money on materials or equipment. You just need to choose a print on demand company to work with, create your design and then upload them to the store.
Interested in setting up a print-on-demand side business? Check out Canvas for Creativity: Here are 10 print-on-demand products you can sell (without holding inventory).
This is the most obvious business idea for most full-time employees. Anyone can make and sell crafts from home today with the rise of e-commerce. Plus, working with your hands is good for your brain.
Experts have found that using your hands in a non-thinking task gives your brain a chance to relax and rest. It can also give you a sense of accomplishment and reduce stress and anxiety. Think of it as a meditative practice, but one that pays off down the road.
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Your first thought might be to sell your art on sites like Etsy or eBay, and that’s not a bad idea. But you can also build a website and start your own business online. This will save you a ton of money on commissions that marketplaces take from your sales and help you build a successful online business.
Your options are endless. Need help finding your creative calling? Take “What Kind of Craft Should I Make and Sell?
Do you have a talent for working with your hands but crafts don’t spark your creativity? Try selling or refurbishing furniture online.
Woodworker Chris Hughes, founder of Timberware, worked as a welder’s apprentice and general contractor before starting his furniture business. Being a remodeler and home builder motivated him to love working with wood and creating custom furniture for customers.
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My best advice would be to start with what you can afford and slowly increase your arsenal of tools. Be patient, and don’t overextend yourself. Chris Hughes, Founder, Timberware
Convinced that selling furniture is your future side business? Learn the ins and outs of getting started by reading How to Sell Furniture and Home Decor Online: The Ultimate Guide.
You may have heard of artist Grimes selling NFTs for millions of dollars, or how billionaire entrepreneur Mark Cuban is betting big on them. maybe not. But if you are a creator, creating non-fungible tokens, or NFTs, can be a great side business to start online.
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NFTs are unique pieces of art embedded in the cryptocurrency blockchain, or secure ledger that records transactions for digital assets. Think of NFTs like trading cards. People can buy your NFTs on the market, then sell or trade them for a higher price in the future.
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NFTs can be anything from images, videos, audio or other types of digital files. The NFT community is also growing rapidly, with people from around the world coming together to learn, create and build together online. You can even build galleries to show off your work in the metaverse.
@reylarsdam, a digital creator, explains, “NFTs, to me, are a way to reinvent yourself. It’s a new world of opportunity. My advice to anyone looking to get involved would be to be part of the community. The NFT community is the backbone of any successful venture in the NFT.”
Many of the full-time business owners who sell services online start out as part-time freelancers. Freelancing means you work with different companies at different times instead of being employed by just one. It’s a popular part-time business idea because you don’t need money to get started. You only need skill to sell.
Many full-time workers turn their passions into a part-time business. For example, the director of marketing for Long Island Screen Printing, Caitlin Cremins, sells her photography services to businesses in Long Island, New York.
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“I’ve always loved photography, but I could never define an exact niche,” Caitlin says. “I like to photograph many different things, such as pregnancy photographs, real estate tours, concerts, product photography for local businesses. Since I work full time, I can take photos on weekends and holiday breaks. This is where my creativity shines and it’s something I’m really passionate about. Plus, I can make some extra money.”
The best part? You can start a freelance home business from anywhere. Freelancers like Rachel Pilcher, founder of Taco and Bean, a digital nomad lifestyle blog, says, “I worked in corporate law for 10 years. Getting away from junk like office politics and team meetings was bliss. I also love the challenge of the nomad lifestyle and seeing different places around the world.”
Freelancing is one of the higher growth industries for both part-time and full-time workers. It is estimated that by 2027, 86.5 million people will be self-employed in the United States, which is 50.9% of the total workforce. Many freelancers also continue to diversify their income streams by creating online courses or selling digital products online.
You can sign up for a freelance site like Fiverr or Upwork. But they cut your profits by taking commissions for allowing you to use their sites. Instead, get your own domain name and start an online portfolio. You can scan job boards and make offers to different companies, or market yourself on social media sites like Twitter or LinkedIn.
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Does a part-time gig sound interesting to you? Read Ryan Robinson’s Guide to Starting a Freelance Side Business to learn step-by-step how to start a freelance business.
The pet industry is one of the most profitable business opportunities for part-time entrepreneurs. It is immune to epidemics and has shown significant growth in recent years. People are also jumping on the pet parenting trend, where owners treat their pets like family and buy them products like
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