Episode 10: 5 ways to start your own business (without quitting your day job)

06 December 2017

Episode 10: 5 ways to start your own business (without quitting your day job)

This post was originally written by Kevin Donnelly at Shopify.

Here's some inspiring quote of stepping into the entrepreneur world.

We are all taught and educated in school and some vying for a better education so that they can secure a better, competitive career in the future. This traditional way has already killed creativity and impose a lot of restriction for most of us who are working in 9 to 5 job. Some are comfortable making the high end and some are comfortable with whatever they can earn to survive.

Whether you’re looking to escape the 9-to-5 grind or you just want to earn some beer money on the side, there are plenty of ways to turn your skills and interests into cold hard cash online.

Sure, making money online sounds like a daydream. The truth is, starting a business or online store of any kind is hard work, but countless people have already done it and chances are you can too.

We’re not about to tell sell you one simple life-changing trick or a dream of driving Lamborghinis in the Hollywood Hills. Instead, we’ve put together a collection of simple ideas that you can use to start a real business, without quitting your day job unless you really want to.

Let’s get started!

1. Build a Dropshipping Empire

Think you need a warehouse full of inventory to run your own business? Think again!

Dropshipping is a great way to kickstart your very own business on a budget. You can hit the ground running by sourcing a pre-existing product from a supplier and having them take care of everything else, including packaging and fulfillment.

This process let’s you skip over a lot of obstacles that might be holding you back from starting your own business, especially finding out if there’s a market for your product without placing a huge order upfront.

Why Choose Dropshipping?

  • Your store doesn’t need to stock products in a physical location, meaning that your cashflow won’t get tied up in inventory.
  • Whenever a purchase is made, you place an order with a third party and they’ll handle the rest of the process for you. Since you don’t have to deal with things like tracking inventory or mailing packages, dropshipping takes care of a lot of potential headaches.
  • No warehouse means that you can run your business from anywhere. Whether it’s your living room or the cafe down the street, you decide where you want to work from.

hello match tea

Want to see what dropshipping looks like in action? Shopify built Hello Matcha from scratch using dropshipping and, after just three days, it was generating nearly $1,000 in revenue.

If you’re interested in dropshipping, make sure you're on Shopify to be able to integrate Oberlo app. Read our What dropshipping means to learn everything you need to know about getting started.

2. Start Your Own Clothing Line

As long as you have some designs in mind and a little bit of time on your hands, you can get your own clothing company off the ground in less than a day.

If you own a Shopify store, you can set up your own clothing line using plugins like Oberlo and Printful that automatically link your store to apparel printers or clothing manufacturers. They handle every step of the retail fulfillment process for you, giving you the freedom to design and ship a wide range of pieces right out of the gate.

Why Start a Clothing Line?

 

  • There’s nothing more satisfying than creating products that people use every day.
  • As soon as you build your Shopify store, you’ll be able to start selling instantly. Thanks to apps like Printify and Printful, the process of designing and delivering your own custom-made clothing has been streamlined and simplified.
  • Transform your creativity into something real and profitable. You’ll love the feeling of seeing your designs come to life.
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    thinkpup t shirts

    Shopify used Printful to set up THINK PUP, an apparel store for dog owners, and ended up making over $1,200 in just three weeks. With some time and research, you’ll be well on your way to building a successful t-shirt company for yourself.

    3. Sell Your Art Online

    An online store is a great way to sell your art and monetize your creativity. Whether you’re a painterphotographer, or musician, there are plenty of ways for you to turn your latest set of masterpieces into a stable revenue stream with a beautifully designed ecommerce website.

    If painting or photography is your forte, you can sell your work as prints, canvases, and framed posters using Printify or Printful with your Shopify store. This is a fantastic way to turn your art into something tangible that people can take home and make a part of their space.

    Is music your thing? You can sell your beats, songs, samples, and more as digital downloads and grow your own online music empire.

    Just take a look at The Drum Broker, the largest online drum sample business in the world. They created a successful and sustainable business model with the help of apps like FetchApp and ShipStation.

    Why Sell Your Art?

     

  • Be a part of people’s lives. Get your work into your customers’ homes and headphones.
  • Create a platform to showcase your work by setting up shop online.
  • As an artist, creating art isn’t just a hobby - it’s a way of life. This is your chance to turn your passion into a sustainable income stream and do what you really love for a living.
  •  

    Ready to build a storefront for your art?

    Shopify Start my free trial!

    Get started with shopify today!

    4. Publish Your Own Book

    You’ve probably thought about publishing your own book someday. While seeing your name on a list of best sellers might seem like a pipe dream, it’s actually not that far out of reach.

    It doesn’t matter if it’s a science fiction novel, a marketing guide, or a children’s picture book, there are now plenty of options for successfully self-publishing your own work.

    blurb

    From releasing your writing as an ebook with the Digital Download app to on-demand printing services like Blurb and CreateSpace, there are many different ways for you to become a published author and sell your book online.

    To sell ebooks through your online store, install the Digital Downloads app and you’ll instantly be able to stock digital files as products. Once purchased, your ebooks will be sent to your customers via email or as a direct download link.

    If you choose to sell physical copies of your books, you’ll just need to place an order with Blurb or CreateSpace whenever your work is purchased. They’ll custom print your book and handle the entire storage and fulfillment process.

    Why Publish a Book?

     

  • Printing, storage, and delivery is taken care of thanks to services like Blurb and CreateSpace
  • What’s the point of writing if there’s no one to read it? Self-publishing is the quickest way to get your books into the hands of potential readers.
  • Creative writing is your passion and you deserve to be able to make money while doing something you enjoy.
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    5. Teach an Online Course

    Teaching an online course is a solid way to generate passive income. All you need to do is put together a video walkthrough explaining a subject that you’re familiar with and then host it on your own personal website.

    Although it takes some effort up front, if you manage to design a popular high-value video tutorial series, you could be making money on a regular basis as people continue to enrol in your courses.

    To start creating your first online course, brainstorm a topic that you know well enough to teach someone how to do from scratch. This can be literally anything - music production, social media marketing, web development - you name it.

    Next, you’ll want to grab a screencasting app like Screenflow to record your screen and voice while you walk your viewers through your tutorial. Screenflow also comes with a built-in video editing suite, allowing you to shoot and cut your videos all on the same platform.

    Why Teach an Online Course?

    • With an online course, you can literally set it and forget it. Take an afternoon to build an online course and you could be reaping the benefits for weeks.
    • You already have the knowledge, you just need to share it. Focus on teaching something that you’re already an expert at and the rest will come naturally, whether it’s building iOS apps, creating monthly budgets, or running Facebook ad campaigns.
    • Teaching someone a new skill is its own reward. While there’s definitely money to be made in teaching online courses, helping other people is always a satisfying experience unto itself.

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