Unique Business & Side Hustle Ideas
Now-a-Days — all of us have heard about the massive success of the business with the ideas that would have looked downright ridiculous mere 10 teats back.
But These successful disruptive-businesses also becomes the reason for thousands of people to launch similar ventures ONLY TO FAIL.
The absolute truth is that, irrespective of the novelty of any business idea — it would only succeed, if it sticks with the basic-laws of sustainable-success.
In this article, I would try to show — how can you Identify, explore and create opportunities for
1. Creating a Small additional income
2. Or laying the foundation of a business to become a big
3. Or exploring the opportunities to launch a business — “with what you have” WITHOUT jeopardizing and bankrupting your happiness, finances, relationship and peace
Besides the uniqueness of the idea, the following are needed to start, run and maintain the momentum of growth in business
[Please also read my blogs in success unlimited mantra in from the heart of Subhashis — on Why your 1st business may fail AND Why businesses succeed AND my other blogs on entrepreneurship]
1. Identifying What you are selling & Who You are Selling & Why They will buy & Why They will buy from you
2. Create a compulsive-demonstratable reason for buyers to pay for whatever services/products you are selling
3. Validating your ideas Real-time with the different target segments
4. The timing of launch
5. The financial and business viability studies
6. The plan of how will you spend and earn money
7. Complete cash-flow needed
8. Choosing the correct business and revenue models
9. Choosing all the right marketing channels
10. Choosing best people, vendors and partners
Few of the wrong reasons to start any business
1. Without your bringing a unique strength to the table
2. Starting your business based on your idea alone — only because you are convinced that your idea is so unique that people would line-up for buying
3. Starting a business — because it is so hot — that everyone is jumping into it
4. Starting a business because you have money to spend — but you borrow the idea from others — as per the following three
I. Without having a passion or Interest in the technicality of business
II. Without understanding this particular business, itself
III. Believing that if you hire experts — they alone can make your business succeed
The most recent successful businesses in the world are built on the following philosophy — they manage to attract, use & retain — on long term basis
1. Other People’s Money
2. Other People’s Resources
3. Other People’s Time
4. Other People’s Efforts
5. Other People’s Networks
6. Other People’s Expertise
7. Other People’s Ideas
8. Other People’s Passions
The largest businesses like Amazon, AirBnb, Ola, Uber — all are using the aforesaid philosophy.
The key to succeed in this philosophy is to create a model that is easy to learn and make money for others — with minimum quantum of losses, in case someone wants to opt out.
How to Create a Business Using What You have
You can sell any or all of the following to create a business or to make extra money — add whatever I have missed
1. Your Ideas
2. Your Time
3. Your Efforts
4. Your Money
5. Your Space
6. Your Skills
7. Your Expertise
8. Your Knowledge
9. Your Network and connections
10. Your Services to Help Others Sell Their Product/Services
11. Your Life’s Experiences
12. How can you help people save money/time/efforts by going through you and your enterprise
Let us explore few side hustle ideas and strategies that’ll help you make additional money AND which would ALSO HELP OTHERS MAKE MONEY as well.
Some of the strategies/ideas listed below would need your one-time big chunk investment and follow-up and, in few cases, they would need your regular and sizable investment of your time
THEREFORE — select a idea plus strategy that fits with your skill set, mind-set, need-set and passion-set to ensure that it deliver a serious value addition to you
Please understand that Not every idea will work for you. In any case, it could be a good way to explore other career opportunities without quitting your main job. It would also allow you to network with people in a new career field to explore and identify newer additional career options.
80 Unique [few funny, some silly] ideas to help you make money
1. Becoming a Trusted-expert referrer => Referring the right product, services, vendors
2. Roof-top Solar generation & marketing
3. Translation from one language to another
4. Vehicle/Home-Front advertising
5. Manage Own and Other’s Home for vacation rentals
6. Teach People how to use The latest gadgets
7. Teaching Public speaking through creating Toastmaster’s type group
8. Start a forum site for your industry. By creating an online hub around your expertise, you can build an audience and a business
9. Peer-to-peer lending — These loans enable you to help people start businesses, get an education, or pursue their dreams while you make money through interest payments
10. Amazon FBA — using your business contacts connect buyers from one country to another
11. Market Online the MSME businesses
12. Caregiving
I. To Pets — for owners on vacations/part-time
II. To the elders/disabled — part time
III. To the elders/disabled — full time
IV. As Live-in companion to elders/disabled
V. Baby-sitting
13. Party Planning
14. Real Estate — selling, renting on commission basis OR being a Fixer-upper
15. Teaching Online
I. Academics
II. Arts/Paints
III. Music
IV. Cooking
V. DIY ideas for day to day household repairs
16. Tour Guide
17. Writing and Editing online contents
18. Creating Lessons Plans for other Teachers
19. GST and Income Tax Filing — check your local laws about licenses and permissions etc.
20. Be a Coach
I. Life Coach in the areas of your expertise — Health/Fitness, Financial, Career, Profession, Performance etc.
II. Sports Coach
III. Martial arts Self Help Group
21. Home or office trash collection, cleaning business — for full read in https://successunlimited-mantra.com/index.php/blog/best-ideas-for-business
