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Work from home ideas for 2021:
2020 has completely changed the way we live and the way we operate our businesses. Many of us are still stuck at homes under lockdown and work from home has become the new normal. But the new normal has created new opportunities and opened up new business prospects. The Internet and the latest digital technologies have enabled us to work from anywhere and to move any business online.
So if you are still struggling to adapt to the new normal and build your dream business, here are 10 amazing work from home ideas you can implement in 2021 -
Online courses based on your expertise:
Creating an online course is a great low cost idea to generate passive income. You can launch online courses based on your expertise/interest either as an individual or in collaboration with existing online learning websites like Udemy or Coursera. Your online course need not be restricted to educational/informative subjects, it can be about anything like yoga, fitness, dance, calligraphy, cooking etc. depending upon what your passion is.
All you need to do is create easy to understand video tutorials explaining the subject you choose. As your course becomes popular the number of people enrolling will increase and you will make money on a continuous basis. You can also conduct live sessions for your course and charge premium for them.
Apart from generating income, your online course will help others to learn something new and give you a feeling of satisfaction.
If you are confident with your own voice, consider launching a podcast. Podcasts are becoming a popular format of content creation and the only investment you need to launch a podcast is a good quality microphone and basic recording software.
You can invite famous personalities as guests on your podcast to increase its popularity and share the episodes on social media. If you have a co-worker or partner you can co-host the podcast with him to make it more engaging. You can submit your podcast to directories like iTunes, Spotify and Stitcher or add some graphics to convert it into a video and publish on YouTube.
Once you gain some traction you can monetize your podcast using advertisements and sponsorships or by converting your episodes into a blog. You can also make money through subscriptions or by asking people to pay for premium content/ special episodes. Apart from the money you make, you will also make some valuable connections and improve your network once you start podcasting.
Blogging is a great way to monetize your passion or interests. You can develop your own blog site using platforms like WordPress and start publishing original content. Your blog can be about any topic like travel, lifestyle, fashion, photography, cooking etc. that engages your audience.
Once you set up your blog you need to keep it updated regularly and create fresh content to keep your readers interested. You can promote your blog through social media, other blogging platforms and with help of fellow successful bloggers in your niche.
Once you generate adequate traffic for your blog, you can monetize it in a number of ways. You can display paid ads on your blog site, promote third party products or services related to your niche, start paid subscriptions for your readers or create and promote your own product/services relevant to the blog.
Tik-Toking based on expertise:
TikTok is not all about dance videos, you can actually use it as a source of income. The app is quickly growing in terms of revenue with 800 million active users and is a perfect platform to monetize your content.
The app has recently launched a TikTok for business platforms to help brands and marketers promote their products. If you create original engaging content brands and advertisers will be willing to collaborate with you to promote their products.
As the app is short-form video based, it’s easy to create and edit content for beginners as compared to other platforms. There are numerous templates, effects and hashtag challenges available on the platform that you can leverage for your business.
Developing an app/website:
If you enjoy coding and working with the latest technology, you can start developing apps and websites and sell them as digital products/services. Even if you don’t have a unique business idea to launch a new app/website, you can create apps/websites for other entrepreneurs or business owners who lack the technical skills.
You can create new themes, templates and designs for your digital products and customize them as per your clients requirements. Business owners are constantly looking to add new features and updates to their existing apps and you can support them on an ongoing basis. To service your clients on a regular basis you can offer them monthly maintenance plans in addition to the one-time development plan.
We are living in a digital world today and the demand for developers is growing continuously. Keep yourself updated with the latest softwares and tools and you can easily capitalize on the growing demand.
Depending on what skill you have- writing, graphic designing, coding, you can become a freelancer. You can pick up small gigs or short term projects of your choice and make most of your skills. This will give you a lot of freedom and flexibility to pursue your other passions while you make some money working from home.
There are many freelancing websites like Fiverr, Upwork and PeoplePerHour, where you can register yourself as a freelancer and take up projects offered by other people. Once you complete a few projects successfully and build an impressive portfolio you can go for high value projects or increase your service charges.
You can also offer virtual assistant (VA) services as a freelancer and help other small business owners/entrepreneurs to achieve their goals. As a VA you will have to perform a range of tasks from managing emails to providing marketing support, and everything will be done online. You can work with international clients and interact with people all over the world.
If you have relevant experience and expertise in any particular field like digital marketing, operations management, supply chain management, personal finances, etc. you can start your own online consulting business. You can charge clients on a per hour or project basis and create your own consulting packages. The key is to focus on 2 or 3 industry specific skills and provide services relevant to those skills.
You can work as a consultant either for private companies or other small business owners, once your initial clients achieve the desired results they can refer you to more clients. You can also develop basic free consultation plans, E-books, video consultations to promote your business.
Selling homemade goods:
Homemade items have become very popular these days, they are not only a great gifting option but also a great alternative to regular store bought items. People perceive homemade goods as better quality and are willing to pay more to buy them.
You can sell novel items like candles, baked goods, cosmetics, jewellery etc. that are fast moving and customize them to make them more appealing. You can use websites like iCraft, Etsy, handmade at Amazon to fulfill your orders or build your own online store as your business grows. You can control the number of orders you take depending on how big you want to grow and make to order avoiding the need to stock inventory.
You can also create curated subscription boxes using your handmade goods and charge a premium for them. At a later stage you can also teach the skill of making the goods you sell and expand your business.
Start a business on Shopify:
Shopify is an amazing, easy to use online platform to set up a store and start selling products. You need not have your own products to build a store on shopify, you can partner with third party sellers and start a dropshipping business.
You can create your own packages using products of multiple suppliers and advertise them in your Shopify store. Once you receive customer orders, they will be directly fulfilled by the third party supplier. This saves you inventory and shipment cost and is a cheap, quick way of getting your business started. You will be only responsible to promote your products and pass on the orders to your suppliers.
Other than dropshipping, you can also sell handmade items, crat products, printables, printed t-shirts, pet products etc. on shopify and build your own brand.
Affiliate marketing is a process of promoting third party products and making money through commission. Typically as an affiliate you will be sharing a referral code or a unique link to people through various digital channels and earn money every time they click on your code/link and buy the product. You can use your social media accounts, individual website, phone contacts, email list to promote the affiliate programs and boost sales.
Many established ecommerce websites like Amazon, Shopify have their own affiliate programs you can sign up for and choose to promote products that are well suited to your target audience. You can leverage offers, deals and coupon codes to attract more customers and increase your sales. One of the great strategies to make money through affiliate marketing is to choose high value niche products to increase your profit per sale.
All of the ideas we mentioned above are easy to begin with and require minimal investment. Depending upon what skill you have you can choose any one of them as a side hustle or as a source of passive income. As your idea grows you can also make it a full time business depending upon what your goals are.
The best part is, all of these ideas can be implemented working at home and are well suited for the new normal. So we hope they lead you to new beginnings!!