Most people like me who’ve experienced a lot of failure know there are no shortcuts to being a business owner. Today, I’m answering a question that comes up a lot in our community.
“Can I really start a side business from home with next to no money?”
The answer is Yes! I’ve done it, more than once, and so have all of the Credit Heroes who have made it into our Millionaire’s Club.
While side hustles can help you reach your dreams, it’s important to remember that the best side businesses that don't require any inventory or a dedicated space that you have to pay for. In fact, there are businesses you can start with a surprisingly small cost or even no cost.
So if you’re looking for a side hustle to start living your dreams, here are some really practical options to help you get off the ground, fast.
To make the list, these side businesses must:
Meal Kit Sales and Delivery
The meal-kit industry in the U.S. is expected to reach $11.6 billion in sales by 2022. Meal kit services are becoming increasingly popular with busy people – like me! – who don't have the time to shop or prepare healthy meals.
If you’re the customer, you select the recipes online, and then meal kits with pre-chopped and measured ingredients, along with instructions for cooking and final preparation, are delivered to your home. If you list extra information like the calorie count, this helps your consumers to stick to their diets, even when things around them seem uncertain. So it’s really convenient and easy to set up.
Meal kit suppliers can source ingredients from local farms, and they can create partnership opportunities with growers, ranchers, and seafood suppliers.
I know a few people who have businesses like this. And they are making thousands of dollars a month as a side hustle with this growing industry.
E-commerce is booming and is expected to grow even bigger each year. While retail sales increased by 6.9% last year, online sales increased by 32.1%.
That’s a pretty big indicator that e-commerce is just going to get even bigger.
You can join existing programs with companies that allow sellers like you to market their products. There are also a bunch of dropshipping apps that you can use to find products to sell.
And the best part about dropshipping is, you're not having to buy any inventory! You're just finding customers for companies that are already in business. You make the sale, and then THEY ship the product directly to your customers!
According to research, 90% of seniors plan to stay in their home for at least the next five to 10 years. My mother is 93. She still lives at home...alone. But she gets help.
The reality is, in the next couple decades, seniors will make up a quarter of the entire U.S. population. The need for home health care workers increased 27% from 2018 to 2020.
For the most part, baby boomers are willing to pay for the services necessary to maintain their lifestyles. This includes continuing to live at home in their own communities.
Some seniors experience health and mobility issues and find themselves in need of assistance with daily activities like driving. They also might find it difficult or impossible to take care of household chores like landscaping, cleaning, cooking, caring for their pets or even shopping for groceries.
And those who haven't experienced a decline in mobility, they may want to travel and that requires having a house sitter or a pet sitter or property maintenance services.
So, opportunities are not slowing down for entrepreneurs who want to work with seniors – And this is a solid side hustle!
According to the Bureau of Labor Statistics, the healthcare industry employs more than 14.3 million people, and it’s predicted there will be 3.2 million MORE jobs created in healthcare in the coming years.
Medical courier entrepreneurs need excellent time management skills, relationship skills, and a reliable vehicle, and are responsible for the safe and timely transportation of medical equipment, lab specimens, prescription drugs, and more. As you grow your business, you can hire your own drivers and actually scale that side hustle into an empire!
If you’re storing inventory, you can easily manage with small storage space and you don’t even need an office. Besides that, you’re only responsible for vehicle maintenance, if you’re providing your own.
But there is 1 thing to keep in mind. Delivering oxygen tanks and X-rays is a little different than delivering pizza. There are strict policies in place designed to protect medical delivery business owners, their employees, and their customers. These range from OHSA regulations to laws set by the Department of Transportation.
Plus, you’ll need to offer quick, secure, and affordable delivery to get great referrals and be competitive!
And finally, it’s no secret what my all-time favorite side-hustle is. And it’s a business that anyone can grow into a full-blown empire...
Consumer debt in the US has exploded to over 14 trillion dollars. And now with the effects of the pandemic, one in every four Americans has at least one account in collections.
That’s why the world needs Credit Heroes now more than ever!
I built Credit Repair Cloud from nothing by bootstrapping on a shoestring. I lived on Top Ramen, and I learned how to save money and build a business a dollar at a time. And I believe that if I can do it, so can you.
When a credit repair business owner gets a rush of customers, it only takes them about 5 minutes a month, per client, to give them great results, and as a bonus, credit repair entrepreneurs get to repair their own credit, too!
And Credit Repair Cloud helps entrepreneurs do most of the work with a click of a button - these are processes that would otherwise take hours to do manually, but with the software, it just clicks click click.
Plus, it really foolproofs the process for new business owners so they become experts to their clients even if they are just starting out. You can import reports, run audits and do everything you need to do for any client in their first month on a free trial…you can even run a business on it. If you don’t have an account already, you can sign up for a free 30 day trial at creditrepaircloud.com!
Credit Repair checks ALL the boxes necessary to make the list for killer businesses to start in 2022 for nearly nothing!
So that’s it!
Now you have the knowledge you need to start your own side hustle and make your dreams happen, faster!
You can try credit repair cloud out for FREE at Creditrepaircloud.com. And, if you want to start that side hustle NOW and get certified in disputing and launch your very own credit repair business in just a couple of weeks, I invite you to join our Credit Hero Challenge!
It’s an amazing program that has helped tons of Credit Heroes get their first clients, get certified in disputing, and gain confidence in knowing they are launching their credit repair business on a solid foundation that allows them to grow and scale FAST!
We’re starting again soon, so SIGN UP NOW at creditherochallenge.com!