Self Employment Ideas With Low Startup Costs

Tap to Read ➤ Sujata Iyer Mar 22, 2020

If you're stuck in a job that you desperately want to get out of, it's high time that you look for some self employment ideas that will cheer you up and inspire you to get into the self employment arena.

I want to be my own boss. With no one to answer to but myself. With everything working as per my wishes. Every tiny thing! I want to make sure that I have everything under my control, so that it's all done just as I like it!

I'm sure you've had this thought run through your mind at least once, sitting in your office cubicle, with a job that you don't really enjoy. It is universally accepted that doing a job that you don't like or have a passion for, is a waste of time, talent and money.

Of course, not everyone is fortunate enough to land a job that they enjoy. This makes them feel like they are stuck in a rut. Psychological problems, like depression begin to manifest themselves, because the person feels worthless since he can't perform well at his workplace. Other people around him, too, get affected by this behavior.

In such a case it is essential that you move out and do something which you like. Be your own boss and start your own venture. Here are some great self employment ideas that have relatively low start up costs.

Artist

You paint in your spare time. You paint to relieve the stress of your daily life. How about turning this passion for art into a mode of self employment? Yes, you can.

Since it is your hobby, you've already developed it well. And you have access to all the material you need to make paintings. You can sell them at a local gallery. It might not seem very fruitful in the beginning, but it can pick up once you get established.

Coaching

One of the best ideas that has no or a very low start up cost is coaching. If you've always been interested in sports and know a sport inside out, then why not try out being a sports coach?

You can coach your neighborhood kids or a local sports club. Or get into coaching a school team if you can manage that.

Cooking

If you're an expert in dishing out awesome culinary treats, then why not make a living out of it?

You can start a catering business by offering to cook for special occasions for friends or relatives. Then as the word gets around, develop it into a business or if you have a specialty of your own, like a special cake or cookies that you have a unique recipe for, you can begin selling it and earn money.

Writing

If you have a flair for language and enjoy creative writing as a pastime, you can turn this into a lucrative career for yourself.

Do some freelance writing for a local newspaper or magazine or even blog about things you want. This is also one of the best ideas as you'll be happy with your job and will get paid for something that you enjoy doing. What more can you ask for?

Event Planner

Do your friends always turn to you for advice on where to get the best flowers or decorations for a party that they're having? If yes, then great! Go right ahead.

Not everyone has the knack of bargaining and getting good deals and organizing a fabulous event, so if you've got the gift, you might as well make some money out of it. Volunteer to plan an event for a friend, maybe a birthday or dinner party. Start small and then move on to bigger occasions.

Arts and Crafts

If you're really interested in arts and crafts and have a talent for it, you can make some wonderful crafts items and sell them. You can sell them to craft shops initially and then begin your own store or just sell them straight out of your home.

Clean

If you're obsessed with cleaning (and I mean this in a good way) and know all the teeny tiny cleaning tips that not many do, you can end up starting a business for yourself.

I don't mean pick up a mop and go around cleaning all the homes you can. You can begin by hiring a couple of people to do household cleaning, pest control and the like. Once this picks up, you can get into cleaning for corporate buildings and offices with an increased number of people.

So, don't you think that these were some great ideas to start your own thing and be self employed? You can go in for any one that you'll be the most comfortable doing. A good idea would be to begin as a part timer, while keeping your current job.

These businesses might take a little time to get established, and it is always advisable to have a cushion to fall back on, just in case. So, good luck with your new (ad)venture!