Thank you for stopping by, today I will be highlighting Profitable Business Ideas for Housewives. If you haven’t checked my previous article, remember to click the link at the bottom of this article to catch up and know how you can make your relationship better or attain financial freedom with your partner.
Back to the topic, even the most independent women entrepreneurs can struggle with the right business ideas to invest in. Businesses can be a gamble and sometimes you fail and win on good days.
However, as an entrepreneur both men and women, you shouldn’t stake your business fate on the basis of good and bad days. This is what differentiates an entrepreneur and a successful entrepreneur.
I have seen women grow businesses from scratch to some of the world’s biggest brands, I can’t say that they did it on their own but their ability to work on their idea and actualize it regardless of male dominance is what makes them independent and I find it attractive!!
Successful Brands started by Women
According to the National Association of Women Business Owners, there were more than 11.6million women-owned firms in the US which generated $1.7 trillion in sales as of 2017.
I might mention a few but keep in mind that independent ladies exist beyond our imagination. Here are some of the game-changing enterprises either founded or co-founded by women.
Flickr, a photo album site was founded by Caterina Fake a web designer and Stewart Butterfield(Caterina’s husband). Stewart had originally developed a social interaction-based online game till 2003 when a new idea struck and the couple decided to make a major shift to a photo album site.
Cisco was founded by Sandy Lerner and her husband Len Bosack who used to work at Stanford University back in the ’80. However, the two were frustrated by the fact that they could not send each other mails when in different buildings.
The two came up with an idea and finally developed a router that allowed multi-network exchanges.
Dermatologists Katie Rodan and Kathy Fields met in the 1980s during their residencies at Stanford School of Medicine and the end product of their interaction was Multi-step Proactiv Solution used for spot-acne treatment.
Black Entertainment Television got it starts in 1979 when Sheila Johnson used her teaching money to fund it with her husband, Robert but later sold it to Viacom in 2001.
With that said, if you want to be independent and self-employed with no idea of a business venture, here are essentials to consider.
Guidelines for choosing a perfect Business Idea
- What do you want or need to get out of the business?
- What do you like to do?
- What are you good at doing?
- What would you like to learn doing?
After clearly evaluating yourself basing on the above questions, it easy to pick a business idea basing on your strengths and weaknesses. Keep in mind your capabilities then choose from the following businesses.
Profitable Business Ideas for Women
- Start a baby equipment rental business
If you are a home mom, this is a brilliant idea to focus on. You can start a baby equipment rental business in your neighborhood or entire locality depending on the demand and opportunities.
2. In-home child care
If you love children and have a passion to impact young lives, this is the ideal opportunity for you.
3. Start a traveling Agency
Most ladies love to travel, at least I can attest this from my interaction with some while in University. The sad part is things change when they finally set their feet ou and it also happens to men. We tend to ignore our passion and hobbies searching for a 9-5 job.
If you get one, it’s okay but if you don’t…it’s time you make your hobby your dream job and for travelers, you can opt for a traveling Agency.
4. Start a mom blog
At this point, you probably know that there is nothing new under the sun and if you are a home mom, there are dozens of millions out there too.
This creates a business gap to be filled and you can start a mom’s blog where you can interact with them, sell baby items and monetize the site as a source of income.
5. Create an Online Store with Dropshipping
Dropshipping is a method where you can sell third party products to anyone from a drop-ship company with no shipping costs included. When you make a sale, a product is dropshipped to the customer.
ALSO READ:10 BEST PART-TIME BUSINESSES FOR COUPLES
Hey, I hope you found this article informative and with these Profitable Business Ideas for Housewives you can get off your feet.
Add any business idea I might have left out and share this article with all moms. Let’s chat on FACEBOOK