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With people losing their jobs left and right, a large-scale recession looming on the horizon, and a very real prospect of having to spend a huge amount of time at home due to the ongoing COVID-19 crisis, right now is probably the best time to start thinking about starting your own business that you can run without going out too much.
Just recently, the idea of such an enterprise was mostly appealing to a smaller part of the population, particularly those who wanted to combine the advantages of earning money and raising their kids full-time. Today working from home has become a necessity for most of us, whether you’re a student who suddenly found yourself engaged in a distance-learning program, an employee working remotely, or somebody who recently lost a job.
So what small businesses can you start from your home right now? Let’s find out.
Blogging is probably one of the most obvious choices here, as it requires neither any special equipment except a PC (or even just a smartphone or a tablet) with an Internet connection nor any special skills except basic literacy (although some manage without it quite well). You simply write articles, and if you manage to get people interested in what you have to say, you can hope to make some money.
Of course, your general opinions are unlikely to garner much attention, unless you’re already a celebrity, in which case you’re unlikely to read this guide. To make money from blogging, you have to offer something a bit more specific.
Do you have any special skills or knowledge (for example, something related to your job, education or hobby)? Do you have an interest that makes you an authority on a subject (it may be anything from accounting and translation to metalworking and cross-stitching, as long as you know more about it than an average person)? Does your lifestyle entail fascinating experiences other people may be interested in? If you can write about these things in an engaging manner, you can blog.
You don’t have to be an awesome writer to do it. Just write the way that seems natural. Even if your writing leaves much to be desired, quality will come with practice. Once you establish an online presence and gather some kind of audience, you can delegate at least part of your writing to professionals from a trusted online writing service – this will help you move on to other projects while still receiving passive income from blogging.
2. Sell Stuff on Etsy and Other Online Platforms
Websites like Etsy are primarily platforms for those who sell all kinds of handcrafted items from scrapbooks to jewelry. If you’re any good at doing stuff with your hands, you’re likely to find a niche there, especially if you have enough time to practice and turn your ideas into reality.
However, even if you’re no handcrafter, there are still other possibilities. For example, selling printables – these are especially promising because they allow you to turn your Etsy store into a source of passive income that continues to bring you money even if you don’t actively support it. Unlike physical goods, printables are created once and continue to make you money indefinitely.
3. Freelance Writing
Are you any good at writing? Don’t be in a hurry to answer – even if you haven’t written anything since college, you may have a latent talent. You don’t even have to be a great writer – just better than average. It’s not very hard, and you’re going to get better with practice.
However, you should understand that writing is a full-time job – you can’t do it by fits and starts when you have a bit of free time, at least not if you want to have regular customers.
Do you type fast? If yes, then transcribing may be a viable career path for you. Transcribers listen to audio files and type out what they hear.
How effective you are is based on how precise you are at deciphering what you hear (some speakers are very hard to understand, especially if the recording quality is poor) and how quick you are at typing. Learning touch-typing is not a necessary prerequisite, but you’re unlikely to earn much unless you can manage at least 50 words per minute.
Of course, these are not the only home business ventures available to women, but these are probably among the most promising in the current conditions. Follow these suggestions, and you can find your way!