In 2019, there are fewer and fewer limitations to the way and volume in which you can grow your home-based business. However, your ability to reach this potential greatly depends on your ability to choose the right career path. No matter how appealing something may appear, the journey will be long and arduous, so unless you’re 100 percent certain that this is something that you want to do, you may want to reconsider your decision. Nevertheless, in order to make the right choice, you need to know all your options, so here are several home-based careers that you should definitely consider.
1. Freelance artist
The first thing you might want to consider is financing your passion by becoming a freelance artist. Depending on the field in which you want to try your hand, your initial capital may vary. For instance, if you want to start selling photography, you might want to invest in a professional camera. Of course, with platforms like Agora, you can sell smartphone images, as well. If you decide to become a self-publishing author, you can have an even budget-friendlier startup cost, due to the fact that Google Docs or MS Word will have you set and ready to go.
2. Video editor
Nowadays, more and more digital marketers come to heavily depend on video format. In fact, according to the latest statistics, there are about 300 hours of video being uploaded to YouTube this very minute. A similar thing takes place on Facebook and a couple of other platforms, as well. Fortunately, this is a field where skill makes all the difference and a seasoned video editor has a chance to make a content that outshines those of their much bigger competitors. For this, nonetheless, you’ll need access to some outstanding editing tools, all of which have costly licenses.
3. Software development
Those who are interested in something innovative, tech-savvy and creative at the same time, as well as something that’s incredibly lucrative, can’t go wrong with software development. There are several prominent advantages, to being a software developer. First of all, skills are transferable, which means that the knowledge you gain this way might serve a purpose in other industries, as well. Most importantly, there’s a constant learning curve and there’s no limit to how much you can advance.
4. A career in finance
One more option that you may want to consider is starting a career in finance, however, before you can do this, there are certain requirements that you’ll have to meet. Most importantly, no matter how good you are with money or how great your accounting software skills are, people won’t give you a chance to handle their finances unless you’re certified. This means that you need to find enough funds to invest in your education. One of the ways to fund this is with no credit check loans. Keep in mind that the ROI is quite great and you would get to your break-even point quite soon.
5. Virtual tutor
Transferring your skills onto others is yet another noble profession that you might want to indulge in. With so many platforms online, you can teach people skills via your smartphone or a tablet. In other words, you can make money while sitting on a couch. At first, you can do so via an agency but later, you can start making money on your own by eliminating an intermediary. The list of skills that people are willing to pay for is endless. With the era of e-sports upon us, some people are even paying for tips and lessons by people who are veterans at certain video games
6. Starting an e-commerce business
Those who have a well-developed mercantile side to them might have an opportunity of their lifetime in the field of e-commerce. You can start your e-store with as little as $2,000 to $5,000. However, if you decide to run a business with a drop shipping model and use an online marketplace like Amazon, you can start even with a lot less. Still, in order to grow faster, you might want to consider some business loans. Also, keep in mind that you need to invest some serious money in digital marketing, in order for your business to have a predictable and reliable growth.
7. Starting your own catering company
If you’re someone who likes working with your hands and find cooking to be a particularly calming activity, you might want to pay serious consideration to the idea of starting your own catering company. This also requires some investment, as well as a complete kitchen remodel. You’ll need a lot of larger capacities that you currently have, in order to secure yourself a much larger potential customer pool. This, as well, might be worth indebting yourself over.
Sometimes having too many options can be just as restricting as not having enough of them. Nonetheless, if we had to give out some advice, we would first suggest that you look at the bad, as well as the good. Every single one of the above-listed professions has more than their fair share of downsides. Once you know what they are, if you still decide that this career path is worth pursuing, the choice might just be the right one.