Every day of my life I add to my list of innovative money making ideas. While sitting at home or walking down the street, they seem to be everywhere. However, I do realise that many people struggle to find a workable idea that has the potential to make profits, whether it's for short-term gain or to build a more long-term life changing business.
It doesn't matter if the economy is booming or near bust, people will always find new and exciting ways to make money. If you stop and think for a few moments, you will soon realise that virtually every object around us, everything we use in our daily lives is the result of somebody making money. Once we realise this, as if by magic, we start to see the money making opportunities that are everywhere.
Here are a few innovative money making ideas I have found that have real potential for anybody prepared to take the time and effort to make them work. Of course, you will need to do your own research to find the angle that suits your circumstances, but these ideas can give you the focus to get started.
Not many people realise that there are precious metals in everyday electrical items such as mobile phones, computers, TVs, printers and many other items. The metal includes gold, silver, copper, brass and others. Although each item will only contain tiny amounts, good money is being made by companies and individuals who are prepared to make an effort. Anybody (including you) could make money from this idea.
Another idea that can be very profitable is retro toys. Many toys from the 70s, 80s and 90s can be sourced for next to nothing at local boot sales, flea markets, second hand sales and general auctions.
A few hours research on ebay, amazon and similar sites will guide you to the most profitable items. I know of at least two people who make an extra £500 + per month working this idea on a very part-time basis, more is available for full-time commitment.
Many food/drinks businesses that are now household names started life as cottage industries in garden sheds and from kitchen tables. Free range products are often sold at a premium and are usually more expensive than their standard equivalent, this brings cash opportunities to the money making entrepreneur.
Local restaurants and health food stores will pay top prices for quality, locally sourced delicacy's that you could supply. I don't know where you live, but I would bet that there are many such items in your area. In my local area there are people selling fresh wild flowers, mushrooms, truffles, herbs, seasonal wild fruits, snails, seaweed and more besides. The higher priced harder to find items will command premium prices, but there is very good money to be made whichever area you choose. With some research, a little thought and some work, anybody could turn this into a full-time venture.
Another profitable area you could look
into is quality jams, pickles, sauces, soft drinks and many more.
They can be home made, sold in local markets, supplied to stores
in your area and expanded into a large scale business. You can take a look at more innovative money making ideas here.
Any of the above innovative money making ideas could grow into a life changing business for those who are prepared to work at it. Why not you?