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4 Replies Last post: Jul 26, 2008 1:02 AM by Lighthouse24

Top 5 Businesss Ideas on a Budget

Jul 24, 2008 7:53 PM

Click to view jaggedja's profile Authority jaggedja 9 posts since
Jul 24, 2008
1. Webpreneur
It's what everyone who's ever surfed the Web dreams of-just stick a web
site up there and watch the cash roll in! Well, that just doesn't
happen overnight, but the fact of the matter is it's really not very
hard to do. To do it right, start by picking a subject matter you know
a lot about. Then get a domain and create a web site. It doesn't even
matter what technology you use-just be totally anal-retentive about it
looking good and provide plenty of original content. Now find some
appropriate affiliate programs-that's where your revenues are going to
come from. Next, learn everything you can about search engine marketing
and promote the heck out of your site. Last of all, set aside time
every week to put new content on the site, delete dead links, and other
maintenance. Now do this three or four times, and you've chosen your
topics well, you might actually have some decent income from it.

Spend the $20 on: $8 or less for a domain (see our Online Business Guide's list of cheap domain name registrars) and $12 for a year of hosting (search for "$1 hosting").

2. Consultant

Getting into consulting is relatively
simple. All you have to do is know how to do something better than most
people do, and be able to either teach people how to do it or be
willing to do it for them. Networking is the key to success in this
business, so start by making a list of everyone you know and giving
them all a call.
Spend the $20 on: $14 on a box of clean-edge laser or inkjet business cards and $6 buying your first prospect a cup of coffee one morning.

3. Housesitter / Petsitter

Particularly since 9/11,
people feel an increased need for security, and housesitting gives them
some reassurance while they're out of town. This one's great because it
basically requires no particular skills, just trustworthiness and
reliability. Be sure to have personal references available, and you'll
also need reliable transportation. If you're an animal lover,
petsitting is an easy add-on.
Spend the $20 on: $2 on flyers to put up on bulletin boards, and
the rest on classified ads in your local neighborhood paper (not a big
city-wide one).

4. Professional Organizer
People these days are
simply overwhelmed by their "stuff". While there is an ever-growing
trend of people wanting to simplify their lives, most of us haven't
done it yet. It's not that people really have no clue how to get
organized, it just keeps moving to the bottom of the stack, both
figuratively and literally. There's a prime opportunity for people to
come in at a reasonable rate and get houses organized. And while there
is a National Association of Professional Organizers
that you can join when you're ready, mostly it takes common sense,
organizational skills, and a familiarity with what can be had at your
local office supply and The Container Store.

Spend the $20 on: Classified ads.

5. Avon Independent Sales Representative
Cosmetics is a virtually recession-proof business, because it's an
inexpensive way for people to feel good about themselves. Avon is the
largest consumer direct sales company in the world, with annual sales
of nearly $6 billion. In business for well over 100 years, they have
both a highly reputable product line and one of the few highly
reputable multi-level marketing structures (in fact, they invented it).
They also offer fashion and wellness products in addition to their
beauty products. And while they bill themselves as "The Company for
Women", a fairly substantial number of men have actually been very
successful as Avon reps. The secret to making a living at it rather
than just a little extra spending money? Build your downline-just like
with any other network marketing or direct selling business.
Spend the $20 on: $10 signup fee, and $10 on brochures and a few samples.

more awesome information about growing businesses in the excerpts here.... www.readtheanswer.com/index.php?RTA=web2

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Click to view lalithabrahma's profile Mogul lalithabrahma 41 posts since
Mar 1, 2008
1. Re: Top 5 Businesss Ideas on a Budget Jul 24, 2008 8:31 PM
Great ideas.
Lalitha
Go to www.lalithabrahma.com for educational series on growing your business peacefully
Click to view weboffice's profile Professional weboffice 4 posts since
Jul 25, 2008
2. Re: Top 5 Businesss Ideas on a Budget Jul 25, 2008 7:48 AM
Your ideas sound great! Just one note - with regard to the Petsitter idea - most (if you want to be successful) people who get into the pet sitting business will have to be bonded and insured. That is a common question asked of pet sitters - after all, you are going into people's homes. They want to know that they can trust you and, if something is missing, can file a claim. Secondly, with today's gas prices, you need to factor in the cost of a tank of gas, which you can easily go through in a couple of days if you have several clients.

Also keep in mind the expense of treats, office supplies (my pet sitter leaves a diary of daily activities for the entire week) and you will have a little more than $20.00 invested initially.

I'm not trying to rain on anyone's parade but these are things that might be overlooked in a start-up situation and it's best to be prepared rather than surprised!
Click to view DavTri's profile Professional DavTri 3 posts since
Jul 25, 2008
3. Re: Top 5 Businesss Ideas on a Budget Jul 25, 2008 5:39 PM
I will agree that becoming a consultant is easy, getting enough customers is not. I recently parted ways with the corporate life and set out on my own with a start-up consulting business. I have plenty of knowledge and experience, so I thought I would bring in customers left and right. However, selling a service can be trickier than selling a product. Getting someone to admit that they don't know more than you do and there is a better way can be difficult. You have to convince them that they need to spend money on intangibles. Not always easy, so if anyone out there has any leads or advice, then please contact me through my website.http://www.davtri.net

Thanks
DW
Click to view Lighthouse24's profile Mogul Lighthouse24 2,396 posts since
Oct 10, 2007
4. Re: Top 5 Businesss Ideas on a Budget Jul 26, 2008 1:02 AM
in response to: DavTri
Hey, didn't you see, DW? "All you have to do is know how to do something better than most people do . . . networking is the key to success in this
business." Piece of cake. (Please read every word of that with sarcasm!)

Honestly, I laughed out loud when I read the initial post . . .