After working 9 to 5, many people rush home to begin their personal work to de-stress. While some indulge in happy hours with their co-workers, others sit in front of the television to catch the remaining ten minutes of a late afternoon quiz show. But there are some for whom; the end of the business day marks the beginning of a new ambition. They utilise their time to the best of their ability in the quest of realising their dream of running their own business and/or becoming their own boss.
The daytime job of yours should motivate you to work once you return home; it should not be a reason for casual inactivity. The standard 9 to 5 job should inspire you to rush back home and plan your own business.
The freedom and independence of working on your own terms by being your own boss are appealing. And if this is what you are looking for, consider the following list of potential business ideas that you could work upon to be your own boss –
1. Sell Your Expertise
If you are an expert in a particular field, you can trade your wisdom to help educate people who are seeking information in that niche and earn some profit in the process. Consider creating an eBook that has all the information that provides value to people in your field.
Another option is to create online courses where you could provide informative and educative content regularly. According to The Chronicle of Higher Education, online education went mainstream many years ago, while “academic leaders believe it will become even more prevalent in the coming years.”
You can also sell your digital content over and over again without the hassle of inventory caps or manufacturing costs. Applications like udemy.com come handy for people who are not tech savvy.
It is also best to do your research first and find out what are the demands in a particular field. If they are high, go for it. Make a draft of your plan, think and come up with great ideas and make important contacts to jump start your dream business.
2. Create a Blog
Blogs provide a platform for you to communicate your expertise and wisdom with others. You may be an expert in a field – travel, sports, real estate, marketing, lifestyle, etc. – and when you come back from your regular day time job, you can share your information in an informative, educational and engaging manner.
Time has arrived when even bloggers are earning generous amount thanks to subscriptions, affiliate marketing, ad revenue, and sponsors, etc. Start sharing good contents regularly and soon you will be on your way to becoming a full-time blogger.
3. Manage Social Media
According to a report by Statista, “78% of U.S. Americans have a social media profile in 2016”. Therefore, rather than spending time on social media for free, you can manage companies’ social media account and earn some profit.
In the year 2013, Facebook announced in a Dreamforce conference that it had 25 million active small business pages on its platform. Therefore, it is likely that some of these companies will utilise your help. You can request flexible working arrangements and in the process, you will also gather information and experience of managing your own social media account sites when you launch your own business company.
4. Develop an App
Today there are more apps than ever. And once in a while, there comes an app that becomes the must-have app of all time.
App development is still a relatively new and fastest growing industry. In 2014, the iPhone app market created over 4,000 job postings on freelancer.com.
Check out the latest trends in the app development industry and brainstorm some ideas even if they look silly to you. Now that you have the idea, it’s time to apply the mechanics, like coding.
Learning to code can be time-consuming, but it is not an impossible task. Educate yourself from various sources and soon enough you will know how to develop one yourself.
There are many success stories about app development that will motivate you. One such story is about a Ukrainian app developer, Jan Koum. Koum lived a very modest life with his mother and grandmother in a small apartment. He got selected for a training program at San Jose University.
Koum met Brain Acton, his business partner while working at Yahoo and after nine years they decided to resign the company in search of better opportunities. They applied to Facebook but were rejected. They put their minds together and decided to create an app—the next big thing.
They created WhatsApp, one of the biggest communication apps in the world. The record books show that they made the right decision.
After a few failed attempts, the initial release figures showed that 250 million people were using the app in the same month it was released.
Notably, in February 2014, the biggest ever acquisition of its kind took place when Facebook (who once rejected the pair) purchased WhatsApp for a record-breaking $19 billion.
Even though there is no dearth of online business opportunities, however, the four options mentioned above provide a focused and specific list for you to ponder.
Keep in mind that; you don’t have to quit your day job to work on fulfilling your dream business. After all, you need money to feed your passion project, and a regular job‘s steady income will provide you with the necessities like buying better equipment to increase the quality of your blog, etc. Once you form the habit of working post your 9 to 5 job, you will soon find yourself moving steadily on your way to becoming your own boss.
Founder of BusinessBoost.xyz
Award winning author | Serial entrepreneur | Business coach