If you have a great product, but no money to invest in a physical storefront, staff, and bills, why not set yourself up online? Aside from the lack of huge monetary investment and time commitment, the marketing opportunities online are endless. Also, although a storefront is great for branding purposes, it does limit the size and scope of your audience. By setting yourself up with an e-commerce store, you can:
- Sell to anyone in the world
- Have a store that is open 24/7 (meaning you literally make money in your sleep)
- Run promotions easily, whenever you want
- Cross-sell between your marketing and social media platforms and your website
- Run marketing campaigns through Google and other platforms
Life Coaching or Mentoring
If you have a proven track record in a particular field or have trained in matters of the mind, life coaching or mentorship could be for you. People, especially soon to be entrepreneurs, seek guidance through mentorship and life coaches. You can setup your services from the comforts of your home with no monetary investment.
As a personal chef, you will spend your days cooking for people who do not have the time to do so themselves but do have the money to pay someone to do it for them. If you want to stand out from the crowd, offer meal plans that suit various dietary requirements, such as:Meals for people with diabetes, hypertension, vegetarian dishes and meals for those healthy people who are busy.
There is a growing market in soap making. Making soap from scratch is easy and you can do it from the comfort of your home. All you need is to take few days training from people who have been in the business, get little capital and then you are good to go.
By adding special herbs, fragrances and colours, you can make yours unique and make special soaps right in your own kitchen.
However, packaging is key for you to be successful in this business.