5) Start a Home Based Business

Your home can be an excellent place for you to start your next entrepreneurial adventure. Some of the world’s most successful entrepreneurs started their business from their home. Steve Wozniak and Steve Jobs started the multi-billion dollar tech giant Apple in their garage!

Yes, you may not have the tech genius of Wozniak and the marketing prowess of Jobs, but with the right attitude, drive and determination anyone can start their own business. And if you start the business in your home, talk about a short commute to work!

Here are a few home-based businesses to consider:

Love kids? Start a home-based day care. On average, parents in the United States spend $11,666 per year ($972 per month) on day care. As the population of working mothers continues to rise, there will be a continuing need for child care.

Be sure to consider all of the rules and regulations in your state before starting your business. This could be an excellent choice for someone who loves children, has a safe home environment and needs some extra cash. Care. com is a great resource to consider.

Does spending time with dogs make you smile? Consider offering up your home and time to taking care of someone’s dog while they are out of town or at work.

People spend between $15-$35 to board their pets while they are away and for those that want to spend additional cash to make their pooch feel happier, they spend up to $90 per day on a “pet hotel”. Take advantage of the huge pet market and earn some green while playing with Fido.

Successful bloggers can make a six-figure income working from the comfort of their own home. As a blogger, you write about a niche that you feel passionate about, connect with people who have similar interests as yours and make money while doing it.

There are various different income streams that can be created through affiliate marketing, advertising, partnerships, sponsorships, book sales and many other routes. Check out DC’s excellent step-by-step article that takes you through how to start a blog.

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