7 Lucrative Business You Can Start From Your Bedroom

Starting a business usually involves renting large office space, hiring a decent number of staff, paying regulatory proceedings and lots more. Irrespective of whether the business you started is going to be profitable or not, a lot of people had to go through these processes.

What if you could stay at home every day and build a lucrative business or successful career without leaving your bedroom? Well, this is a very possible situation. A lot of people who would want to start a business from their home might not have a good business idea that will fetch them a lot of money.

In this article, we will show you 7 lucrative businesses you can start from your bedroom in Ghana and how you should go about it. All you have to do is go through these business ideas and pick the one that is convenient for you.

Lucrative Business You Can Start From Your Bedroom In Ghana

1. Web  & Graphic Design

Businesses today are going digital, no wonder web and graphic designers continue to be in demand. Every business owner wants to have an internet presence, including being found by prospective clients.

If you are skilled in web and graphic designer, you could earn a living online by designing websites and graphics contents for clients. You could meet a potential client online via social media, depending on how you promote your business.

2. Social Media Marketing & Management

We live in an internet age, and a lot of organizations and individuals are constantly trying to remain relevant. To achieve this, they hire professional social media agencies to manage their social media accounts for maximum profit and to give them the results they’re looking for.

The most interesting thing about this business is that it is not only social media management companies that can gain from this opportunity. Individuals with large media followings and engagements you can also greatly benefit from this industry. These individuals charge a huge amount of money just to post an image of a brand on their social media accounts. Some major influencers earn as much as $100,000 just to promote another brand.

So, depending on how you intend to market your brand either as a social media management company or as a social media influencer, you can earn millions monthly.

3. Online Tutoring

You could also venture into online tutoring right from the comfort of your home. Do you have a specific skill few people know but in demand? If you do, you could create video courses and sell them online at UDEMY and other education websites.

Most courses on Udemy are sold for between $10 to $200. And with a lot of courses selling-out, you could earn $10,000 from the sale of a $10 course to 1,000 people.

Some other people on Udemy have courses that sell over 40,000 units, making them much more money depending on what their courses cost.

Asides online videos, you could also tutor people personally via a Skype session at a prescheduled time. It could be teaching someone in a remote location a new language or anything else but at a pre-agreed fee.

4. Virtual Assistance

Virtual assistance is getting popular by the day. This is because most people and organizations are looking for extra remote hands to help them out with their activities. With a lot of organizations working from co-working hubs or looking for experienced personnel in remote countries, states, or other places to help them cover a specific job role for lesser than a full-time staff would have been paid for the same role, the virtual assistance service continues to grow.

READ ALSO: 20 Businesses You Can Start In Ghana With Little Capital.

5. Freelance Professional Writing

Professional writing is an extremely profitable niche. So many people are constantly looking for professional writers online to help them write business plans, business proposals, thesis & dissertations, professional letters, CV rewriting, motivation letters, cover letters, ghost articles, books, proofreading & editing, and much more.

The list of services sort from professional writers online is endless and continue to create a very wide market opportunity. You could choose to venture into professional writing just to fill this gap while also earning from it.

To get started with professional writing, create an SEO ready website to promote your professional writing service. Thereafter, sign up on other platforms to advertise yourself, and be ready to deliver when a person requests for a professional job.

6. Blogging/Vlogging

Blogging is one of the most popular internet businesses anyone can start anywhere around the world. But when it comes to blogging, you have to stand out. The biggest misconception is that the only aspect of blogging that is paying in Ghana is entertainment and gossip blogging.

While some has successfully generated millions of Ghana Cedis from blogging, however, many other niches exist. Some of them have the potential to make far more money through means other than display advertisement.

You do this by first determining the potential market size of your niche and mapping out a good blogging strategy. With time, you will become the most relevant blogger in that industry. You can take a large part of the market on time and exploit various revenue-generating services.

RECOMMENDED: How to Start a Blog – A Comprehensive Guide for Beginners.

7. Online Shopping

Online shopping, in this case, involves the sales of products on online marketplaces. You don’t need to have any money to buy products. You could first start by reselling someone else’s items at a higher price, then gradually and slowly purchase your own products which you would sell on these marketplaces to maximize your profit.

The most interesting thing about selling on marketplaces is that you don’t have to spend money on marketing.

Conclusion

Starting a business entails a lot, some requiring large capital. But there are actually some lucrative business you can start from your bedroom in Ghana. Now, we have highlighted them above. We recommend you try any one of them, and most importantly, be very patient to see results. No business grows overnight, you need to be dedicated investing both your time and resources to make your business successful.