5 Most Lucrative Business Ideas and Opportunities in Illinois
How to start a small business in Illinois, US
Are you tired with your 9-5 day job? Has setting up a business in Illinois started coming into your mind? You must have heard stories of people who started a side business on a small scale in Illinois and today they are financially free.
You have the believe in yourself but you have so many options in mind. Here I present 5 small business ideas you can start side by side with your current day job and earn enough cash every month to be able to fire your boss. There are several small business grants for women in Illinois you can benefit from too.
I compiled this list for those interested in starting a business in chicago and are tired with their job because they don't like the stress.
You can pursue these smart new business ideas in Chicago and watch yourself becoming free in a year if you play your game very well.
5 MOST PROFITABLE SMALL SCALE BUSINESSES IN ILLINOIS,
Doing Business in Chicago
1. Freelance Writing
You may be wondering if people really make cool earnings from freelance writing. Oh yes!
I can give you 101+ freelance writers who are making 5 figures monthly from writing content for online entrepreneurs, digital marketing agency, online magazines etc.
Businesses are going online these days. And the only way to get customers online is through content and these brands are too busy to create content or pay a fixed salary just for creating content. Which means that these best businesses to start are ready to pay whosoever is ready to create good engaging and selling content for them.
You don't certification to become a writer or a particular skill. You just need a laptop, good internet connection for researching and your brain.
You can charge $25 upward for a 500+ words article. But how do you start your own business in Illinois? Very simple!
Steps to Starting a Freelance Business
You just need to sign up at freelance gig like Fiverr, Odesk, Gigbucks and many others. There are lots of webmaster looking for professional freelance writers. Freelance writing jobs are often posted in large numbers daily basis on these platforms. The best thing about these site is, the more jobs you take and deliver, the more your fee raises. A good example is iwriter.com.
You can create a blog if you know those price are too small. Creating a blog is just to advertise yourself to potential client. You should be posting consistently on your blog and also doing guest posting on blogs that has high traffic.
After deciding to starting a freelance writer, you can start pitching bloggers and webmaster personally using cold calling or emailing.
But you must be good at selling yourself as well as delivery good write up. If you satisfy your first client, there is a 100% possibility of the client giving you more writing work or referring you to other clients.
2. Social Media Manager
Due to the growth of Facebook, Instagram, Twitter, LinkedIn and other social media platforms.
Businesses, websites, and brands are looking for someone to handle their social media platform.
Becoming a social media manager or a community manager involves writing and scheduling post, replying fans, running ads and making their community engaging.
But first you need to build your own community where you will be seen as an authority. Sign up on at least 3 popular social media. I will suggest Facebook, Instagram and LinkedIn and start adding value by posting content.
After creating your own community and running it for at least 2 months. Start finding client. Though at first it will be difficult but with proper strategy you can get them with ease. Visit www.socialmediamanagerschool.com to study how to become a high paying social media manager.
3. Become a Blogger
It is no more news that blogging has brought out millionaires right out from the slum. Don't think people don't still make money again. In fact, due to the rise of internet users, this is the best time to start a blog. The best blog that sells are niche blogs. Where you choose to focus on just one subject.
You can make money from your blog by:
- Running Google adsense on your blog.
- Selling information product like ebooks, webinar etc.
- Selling advert space.
- Become a freelance writer.
- Get paid to write reviews for online products/Sponsor post.
- Get paid via affiliate etc.
4. Fitness Trainer
Do you have passion in becoming fit or living a fitness lifestyle? You can become a fitness trainer.
Life as a fitness trainer can be very lucrative. As a personal fitness trainer, you work with time to help your clients achieve their fitness goals and get paid to do that.
If you wish to become an elite fitness trainer, then you need to be certified. A good trainer know how the body works and have a broad knowledge on personal fitness and self-motivation.
You will also need to read books on how to get and keep customers if you want to succeed as a fitness trainer.
5. Selling Merchandise
This involves buying items at a low price and selling at a relatively high price. The difference will be your profit. I don't need to go too deep on this.
Go to a cheap market and buy at a low price. You can buy a pair of shoe for $25 and sell it at $30-$35. You may say but the margin is close. The logic is, the more items you sell, the more profit and your margin increase.
So pick one, register and start any of the business ideas that I have mentioned and take action immediately. You have no excuse again.