Disclosure: This post contains affiliate links for home-based or online business resources. If you decide to join or purchase, I’ll receive a small commish at no cost to you. Thanks for your support!
Last year, the pandemic made a lot of us reflect on every aspect of our lives. Some people decided to start living a more healthy lifestyle by eating right and losing weight. Others wanted to scale back and live a simpler lifestyle.
But for others who were not happy with their job and have been looking for a way out, this was a great opportunity to do it. And it snowballed into what is now known as the Great Resignation.
Recently, 60 Minutes did a segment about this. They reported that the government’s jobs report released back in January showed that well over 20 million people quit their jobs in the second half of 2021.
The Great Resignation: Ideas For Your Next Source Of Income
The pandemic made folks realize it was time to take control of their lives and do things their way. To finally do what made them happy and what they were passionate about.
Some found new jobs, others who were weary before the pandemic, started their own business.
Forbes wrote an article about what people were doing after the great resignation. In it they shared that during the early days of the pandemic more new businesses were launched in the U.S. than in any quarter in history. And nearly 1.4 million startups were founded.
And it’s gaining momentum.
If you’re ready to start your own business, here are four home-based and online business ideas that require little investment and that you can manage from home.
Sell Products On Etsy
After the great resignation, women decided to take their craftiness and turn it into a serious income stream. With platforms like Etsy have helped women establish their online business.
If you’re ever been on Etsy, you know that there are all kinds of stuff to sell on the platform.
You can sell handmade Items like wedding essentials & jewelry, home decor and digital products. Even I have taken to this platform to sell my printables. Check out my Etsy shop.
If you’d like to sell your handmade items and other crafts on Etsy, there is a great guide to help you get started. You can read it here.
Become An Affiliate Marketer
An affiliate marketer earns a commission for promoting company’s products. Many bloggers and influencers have earned a passive income as an affiliate.
Companies and brands rely on affiliates to drive sales. BigCommerce says 81% of brands and 84% of publishers leverage the power of affiliate marketing. And that statistic will continue to increase as affiliate marketing spending increases every year in the United States.
I wrote a blog post that shares tips and resources to get started. Here’s the article: Affiliate Marketing Tips And Advice For Beginners
Start A Dropship Business
Running a dropship business is easy. All you have to do is sign up with a dropship supplier and they handle the rest.
Here’s how it works:
When you receive an order, you forward the order details to the supplier. The supplier will process the order and ship the product to your customer.
There are some benefits to operating a dropship business.
- There is little investment involved.
- You don’t need to have ecommerce experience.
- There is no inventory to worry about because the supplier handles product inventory.
- You don’t need to pay for office space because products are stored at the supplier’s warehouse.
- And you don’t need web design experience because most suppliers will set up an ecommerce website for you.
To find a merchant to work with, check out Worldwide Brands. They are the official directory of certified wholesale suppliers.
As a member, you get access to their certified dropship supplier and bulk supplier lists. The same ones eBay, Amazon and other online store owners use.
They offer two price plans for members. A one-time payment of $299 for lifetime access with no monthly and annual fees. Or an easy payment plan.
Start A Blog
It used to be that starting a blog was a way for people to share their thoughts with family and friends. But it’s now become a main source of income.
You need the following to start a blog:
- Know the niche you want to blog about. The most popular ones are mom blogs. But lifestyle, food and fashion niches are also in demand.
- Write quality content.
- A marketing plan to promote your content and grow your blog
- A mobile-friendly website/blog.
There are several options to monetize a blog. You can partner with brands and get paid to write content about their products. There’s affiliate marketing and sponsored content.
After The Great Resignation
I hope these suggestions were helpful. Good luck in your new journey!