10 Home Business Ideas for Stay-at-Home Moms (or Dads)
If you are a stay-at-home mom (or dad)just like me, and hoping to kick start an entrepreneurial dream or simply looking to bring in some extra income from home, here are some ideas for you:
You can start freelancing with whatever skills you are having. It could be writing, web design, marketing, tax advisor, photography and many more. Think creatively or find out what is your passion, and that could be your freelancing options. Freelancing is ideal for many people due to its’ flexibility and freedom, and it can be started with little cost or paperwork.
You can get started by approaching your former employer or customer who could benefit from your services, then branch out as your reputation grows. Alternatively, you may also get started through freelancer platforms such as Fiverr, Freelancer, Upwork and many more.
Freelancing does have its challenges and requires discipline – you are running a business after all. One disadvantage of freelancing is that you still have deadline commitment despite the time flexibility you are having. Most of the time, your freelancing required a lot of your time and focus to bring in the active income. In most cases, freelancing will not be able to generate passive income.
2. Make Money from Blogging
Yes, you can make money by blogging. I follow several stay-at-home moms who happen to be fashion and style bloggers – and it’s their business. If you can write and have a passion for a specific topic or hobby that you know will attract some attention, then this might be for you.You can start blogging by using Blogger. If you are more advance, you can even use WordPress as it offers more features and plugins.
How to generate income through your blog? It can be from affiliate marketing and advertising on your website, or from companies who ask you to review and blog about their products.
The only challenge is you need to look for ways to generate online traffic to your website through social media, search engine optimization, email marketing and buy traffic.
3. Become a Virtual Assistant
Virtual assistants (VAs) provide a wide range of “virtual” services to other businesses including administrative, marketing and technical support from a home office. My business mentor, for example, uses a VA to answer his calls, reply email and manage his calendar while he’s busy in creating more entrepreneur projects. As many firms start to cut costs and outsource administrative functions, VAs are growing in popularity nowadays. If you are organized and have an administrative background, this might be for you. Similar to freelancing, you can always start with your former employer or your own connections.
4. Wedding Planner or Bridal Consultant
Couples are marrying later than ever, after having spent years as working singles, getting advanced degrees or living together. They have the funds to splurge on lavish weddings. This means great earning potential for wedding planners. You will need a working knowledge of what goes into planning a wedding, including resources and price ranges for everything from invitations to musicians.
5. Start a Creative Business
I have friends that are making handmade soap and birthday cards for sales. Some of my friends are offering interior design consultation services. If you have a creative streak and the room to store and create, then why not consider making money out of your talents? You job now is to get to know the market and do some planning to identify an untapped niche.
While it can be fulfilling doing what you like, the active income can be relatively low and not in proportion towards the amount of time being spent.
6. Start a Home-Based Bakery or Food Business
Many stay-at-home-moms are passionate about cooking and bakery. If this is your passion too, why not turn it into your part time business? This is an active income business that requires your time and effort. If you are not looking into generating passive income, then this can be a good option for you.
7. Becoming a Baby Sitter or Nanny
While staying at home taking care of your own kids, why not consider becoming a baby sitter or nanny? This business offer a potentially lucrative and long-lasting business opportunity. A home environment is often appealing to parents and once their kids are settled (and assuming you are doing a great job), then it’s likely you’ll have that business until they are old enough not to need care.
8. Becoming a Music Teacher
Music is an important part of early childhood development. Market your musical skills at day cares, kindergartens and preschools. Call day-care directors, school principals and teachers. Sometimes you may have to schedule a free first performance to get paid for ensuing performances. They like to see how the kids interact with your music before scheduling you on a regular basi
9. Start an Online Marketplace Store
If you have clutter that you want to get rid of and like the idea of selling products to an established worldwide network of consumers, consider starting a business on eBay, Etsy or Amazon. You can source products to sell from junk/yard sales or charity shops.
10. Start Your Own Network Marketing Organization
If you like the idea of building long term lucrative passive income, you can starts with building your own network marketing organization. While this is home based with relatively low cost, the business can be expanded worldwide. Most of the network marketing company provides a set of marketing tools and free coaching to help you get started.
The time and location is totally flexible, and the best part is that you do not have deadline commitment like freelancing.
Make sure to choose the right company that are having solid good products because this is very crucial to help you sustain your income. Be very careful not to involve in illegal pyramid scheme. You may read my blog here to understand the difference between legitimate network marketing business vs illegal pyramid scheme.
Personally, I like this business model the most because it is low cost with scale-able income compared with other business model. You may check out my blog post here to find out those important criteria in choosing your home based business model.
If you want to find out more about my business model, just drop me a message via any of my social media channels below.