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You’ve probably heard the term Great Resignation. It describes the millions of Americans who, since the start of the COVID-19 pandemic, decided to leave their jobs in the traditional workforce and rethink how, when and where they work.
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But that doesn’t mean people are shunning the workforce. Instead, many Americans turned to creating their own businesses, putting an emphasis on setting their own schedules and leaving more time for family and leisure. In 2020, as the pandemic got its start, 4.4 million business applications were filed. In 2021, the total reached 5.4 million, NPR reported.
If you’re a member of the Great Resignation — or thinking about joining the ranks — plenty of ideas exist for small businesses that can turn either your previous work experience or your passion or hobby into a profitable venture.
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Companies, or individuals, could be willing to pay a lot of money for the expertise you gained on your job. Consultants are called upon in a variety of specialties, including financial, human resources, career and management.
Management consultancy is expected to have a $263.5 billion market in 2022, according to business research firm IBISWorld.
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2. Home Stager
Homes for sale that are “staged” give prospective buyers an idea of what a home can be. After homeowners have packed up their belongings and have reduced the home to bare bones, stagers can reposition furniture to maximize use of the space.
Experienced home stagers invest in furniture and accessories to use in homes, but you can start with the sellers’ existing stuff, as long as it is in good shape. The National Association of Realtors reports that staged homes sell faster and for more money, making the investment worth it for sellers.
3. Exercise Guru
During the pandemic, workouts moved from gyms and fitness centers, and some exercisers decided they liked the convenience of a home workout. Still, the same treadmill and the same sort of exercises might not motivate some to get fit.
Come up with new exercises and routines and demonstrate them on YouTube and Facebook Live. These sample videos could attract …….