Tag Archives: DIY

Great Places to Find a New Business Idea

All successful entrepreneurial ventures have one thing in common: They solve a specific problem. Whether they fill a gap in the market or improve upon what’s already out there, good business ideas demonstrate what the issue is and why they have the unique ability to address it.

If you’ve been racking your brain for a way to start your own business but keep coming up short, you might just need a change of scenery. You never know where inspiration will strike, so get up and explore these 10 places to find solvable problems — and, therefore, great business ideas.

Think you’ve found your perfect startup? Do some research to make sure the idea is legal and feasible, and then visit our step-by-step guide to starting a business.

In the “there’s an app for that” era, it may seem like every mobile application under the sun has already been thought up and built. But that’s not necessarily the case, as many people discover when they scour their smartphone’s app store searching for something that doesn’t exist. Perhaps an app you recently downloaded doesn’t function the way you’d hoped it would, or doesn’t offer a certain feature you wanted. To find out if there’s interest in the newer, better app you want to create, ask friends, family and others in your network. Once you’ve done your due diligence, you can use a DIY app maker or, if you have very little tech experience, hire freelancers to build it for you.

If you’ve ever done an exhaustive Internet search for a specific item that returned no results, you have three options: settle for something close enough, give up entirely or do it yourself. If you’re the kind of person who chooses the DIY method (and can do it well), you have the opportunity to turn a frustration into a lucrative business. Check forums to see if others are searching for the same product(s), and then open up an online shop to sell them. This can also work well for specialized service-based businesses.

If there’s one thing people like to do on social media, it’s air their grievances about everyday life. Most of the time, these types of updates are mundane (and probably a little annoying), but if you pay close enough attention to those hashtags and status updates, you might start to see some patterns emerging. Look for phrases like, “Why isn’t there a … ” or, “I wish there was a …” — you may be able to offer a solution.

As with social media, people love to talk about the products they’ve purchased and places they’ve visited on sites like Amazon, Google and Yelp. Most consumers will read and use negative reviews to determine if they should avoid the product or establishment, and that company’s loss could be your gain. See what people are complaining about, and try to come up with a business idea that would fix the problem.

Look around your house or apartment. What are some of the frustrations you encounter there? Dusty air vents? A messy bathroom? Unraked leaves on your lawn? If you’re noticing these things in your own home, there’s a good chance other people are experiencing the same problems. By launching an in-home service business, you can help others take care of these time-consuming household tasks.

The people who live near you can be a great inspiration for business ideas. Think about the demographics of your neighborhood or local community. If your town has a lot of working parents, a service that offers to run errands or provides child care might be in high demand. A neighborhood with a lot of senior citizens could use independent home health aides. Are there a lot of dog owners nearby? Try a pet-care business like pet sitting or dog walking.

If you want to start a part-time business outside your current job, ask your co-workers what kinds of products or services they’re missing in their lives. Maybe someone else with a side business is looking for a bookkeeper or financial adviser. Others might be looking to enroll their children in affordable art or music classes. Small talk in the break room is bound to lead to at least a few viable ideas.

Are you a food lover? Seeing what’s missing from the shelves at the grocery store or farmers market could help you come up with a made-to-order culinary business idea. Jams, baked goods and specialty diet items (gluten free, vegan, etc.) are especially good choices for an artisanal food startup. Alternatively, you could test your gastronomic skills with ingredients from the supermarket and open up a restaurant or food truck.

While you might not actually open up a brick-and-mortar retail location, perusing your local mall might give you some ideas for a business of your own. You could launch a line of homemade natural cosmetics to rival the pushy salespeople from that kiosk, a clothing line to produce something different from the same old items in every apparel store window or an online craft shop to offer personalized alternatives to generic card-store knickknacks.

If you’re a parent, you know that any product or service that will help your child is worth the money. Think about the gaps you see in the market, and next time you pick up the kids from school, ask other parents if they feel the same way. Not a parent? Ask family members or friends with children what kinds of things they want (or want improved) but can’t currently find for their kids.

Business Ideas for Couples

It’s not easy to run a business with your spouse or significant other. But for couples who have built up a solid foundation and who know how to handle conflict with each other, small business ownership could be a step toward financial independence and even a stronger relationship.

If you and your partner have made the decision to start a business together, you can choose from plenty of startups that are well suited for a two-person team. As with any partnership, these business ideas work best when you each take on roles that best fit your skills and strengths. An entrepreneurial relationship, like all business ventures, is truly a labor of love.

Some couples constantly fight over who has to cook dinner, but for others, preparing and sharing a meal together is an enjoyable bonding activity. If you and your partner fall into the latter category — and, of course, you’re actually good cooks — you may want to consider starting your own catering business. Let the resident gourmand take care of most of the food prep, while the other serves as customer service rep and sous chef.

For those foodies who also love to travel together, consider opening up shop as a food truck vendor. Whether its music festivals, block parties, or private events, food trucks are a great way to make some extra money while traveling and meeting new, interesting people. For many food truck vendors, the freedom of the open road and the appeal of their favorite activities has led them to strike out on their own; doing exactly that with the person you love might just be the best way to see the world together.

Crafty couples who share a passion for DIY projects can launch a successful e-commerce business on platforms like Etsy or Zibbet. One of you can handle marketing; the other can handle customer service, and both of you can work together to fill your orders. Not only does e-commerce represent a money-making opportunity, it also offers you and your partner a chance to be creative together; what’s better than having fun while turning a profit?

If you’re the type of couple that goes running and hits the gym together, launching a fitness business could be right for you. Whether you’re interested in personal training or class instruction, you can become certified through organizations like the Aerobics and Fitness Association of America, and begin taking on clients. If you both specialize in the same area, you can double the number of sessions or classes you book. Alternatively, if one of you is a personal trainer and the other teaches a class, you can expand your client base through your service variety.

For working parents with long hours, cleaning the house can quickly fall to the bottom of the to-do list. Offer your weekends and evenings to these families, for everything from light housework like vacuuming and dusting to heavy-duty chores like cleaning the kitchen and bathroom. With you and your partner working as a team, you’ll be able to get these tasks done twice as quickly.

Do you and your partner love animals? Spread the word to friends and neighbors that you’re available to watch their pets while the owners go on a vacation or weekend trip. Pet owners often feel more comfortable leaving their furry friends in the care of a trusted homeowner rather than placing pets in a boarding facility, so getting referrals shouldn’t be too difficult. Offering two caretakers also means more individualized attention for your clients’ pets, which can be a great selling point.

SAT prep and subject-help tutoring are just as in-demand as ever for students across the country. With strong teaching skills, a wealth of knowledge and great personalities, you and your partner can make extra money educating local students in your home. While self-employed tutors are usually solopreneurs, this business can be even more lucrative for a couple if both of you can tutor. Otherwise, one of you can do the actual tutoring, while the other focuses on marketing and spreading the word.

Are you and your partner master gardeners? Do you love spending time improving your yard and growing your own veggies? Take your talents on the road and help others do the same! If you have green-thumb, there are plenty of homeowners willing to pay for your advice on what crops to grow and where; help turn a hum-drum backyard garden into a real Eden. Beyond gardening, you can help homeowners create a more environmentally friendly backyard, by helping them install rain gardens, rain barrels, and compost piles. These types of services are becoming more and more popular as people increasingly become conscientious about their environmental footprint.