It is possible to dream about owning your own business or being your boss. Imagine this: No one has to answer to you, you make the decisions, and you directly reap the benefits of your efforts.
This season of working remotely could be the ideal time to start a side business. Sixty-five percent of Americans report that they are more productive, and 27 percent say they are working longer hours from home.
“This is great news for employers but can also make it easier for employees who want to start their own business with Appy Pie.”You can work from home and manage your time without anyone watching. This saves you time and reduces commute time. You may also be able to maintain your work responsibilities in a shorter time frame due to increased productivity.
There is no excuse for not being able to think of business ideas and explore them. You can make the jump into entrepreneurship by working from home. However, starting a business from home can be difficult. Here are some valuable tips to made you succeed.
1. You can conduct user research in your free time
Research is key to any business idea. You will need to determine how many people you can reach and whether they are likely to want your subscription wine business.
Internet research can help you understand market size, but how can you communicate with customers from home? You won’t likely go to the nearest wine shop and ask customers what they think in today’s market.
Instead, you can search online for potential customers. Oklahoma Smokes, a hemp-based alternative cigarette, was launched by Ashwinn Krishnaswamy. In exchange for his product, he placed interview requests on Craigslist as well as Reddit. By direct messaging people with hashtags related to quitting smoking, he also found potential customers via Instagram.
Ashwinn was able to connect with over 300 potential customers. Ashwinn was able to gain deep insight into potential customers’ perceptions about his product, and why oral fixation was so important. He was able to gain insights into how his brand would look and position his product. This gave him confidence that his idea could succeed.
This research can be done from your home, so you don’t have to spend too much time.
2. Build with no-code platforms
Digital businesses can be difficult to manage because you don’t know how to build a product. It can be difficult to find a co-founder who is tech-savvy, especially if you are just starting the concept phase. Tech leaders tend to gravitate towards opportunities with more traction.
Although it is possible to work with a development shop, it can be costly. The cost and scope of a development shop can quickly rise and ongoing logistics can be difficult. Although you might be interested in learning code, it is not a skill that can be learned overnight. This may be too much to handle in addition to your business planning and the day job.
You can instead use a platform that doesn’t require coding to launch your first version of your product. Squarespace or Shopify allows you to launch an online shop. With tools like AppyPie, you can build a mobile app with features like user management and push notifications.
While it is not easy to learn these apps, you can get your product to market quickly from the comfort of your own home.
You can only do so much as a solo showperson trying to start a business. How can you do market research, find potential customers, build a product, and produce marketing materials while also managing a full-time job? It is a difficult task, not an impossible task.
It’s possible to take your savings and hire employees to help you build your vision, but it can be expensive. It’s also risky for your new business.
There are many places to find freelance talent. TextBroker allows you to connect with writers and data scientists that can assist you in creating content. Upwork also offers a variety of opportunities for freelance talent, from virtual assistants to data scientists who are available on a contract basis.
A marketing agency can be hired for a month if marketing is difficult. They can be retained to help with guest-posting and the launch of your product.
While working with agencies or freelancers requires capital investment, you can hire short-term or remotely. You can also outsource your work and gain expertise.
4. Strive for productivity
It takes dedication and time to launch a business. Although you may have more time to work from home, it will still feel like you don’t have enough. There are always thousands to do.
You can increase productivity by clearly delineating your time for your family, your work, and your entrepreneurial ventures. Mark when you will be working on your regular job and when you will be working on your new venture. This will help you set expectations with your family about when you can focus on work, and it also holds you responsible for dedicating time to entrepreneurship.
Prioritize your work and your business with utmost care. Your manager should be kept informed about your progress and the priorities you have for work. This will help you to stand out as an employee. For your business, you should focus on the things that are important enough. There are many things you can do, but only a few that make a difference.
You have nothing to lose
You have the unique opportunity to work from home and start your own business. This could eventually grow into a full-time job. It’s risk-free to give it a try while you continue your job.
These strategies will help you get the simplest version of your product to customers as quickly as possible. Then, start learning.