the frugal millionaire

  • Home
  • About
  • Income
  • My Posts
  • Start a Profitable Blog!
  • Freebies

Six Figure Business Ideas: How to Start a Six Figure Business

 

Ready to start a six-figure business of your own? Here are some great ideas to get you going!

Are you ready to start a six figure business? Do you dream of one day working for yourself and bringing in more than enough income to support your entire family? If so, now’s your chance. Don’t wait any longer; instead, let 2016 be the year you decided to make a change. Below are top six figure business ideas that you can do from home.

Six Figure Business Ideas

I’m first going to share my two favorite ways of making money: freelance writing and blogging. I don’t make six figures (yet), but I also don’t work full-time on my side hustles. They’re merely a fun hobby of mine that just so happen to bring in a few hundred to a few thousand extra dollars each month. You can view all of my income reports here.

Freelance Writing

Freelance writing can be an incredibly lucrative career. I started out making $25 per post and now make almost $300 per post. That adds up big time. I can spend just a few hours per week writing and make well over $1,000 per month on my efforts. Holly Johnson, who blogs at Club Thrifty with her husband, will invoice more than $225,000 this year in freelance writing. She recently created a course to help those that want to become a freelancer called Earn More Writing. Her course is packed full of information on how to get started freelancing, where to find jobs, how to raise your rates, and more!

earn-more-writing

Blogging

This is where I plan on building my own six-figure business. I love, love, love blogging. I started this blog in 2014 and am now making over $2,000 per month blogging. Growing a blog and earning a full-time income from it takes serious time, but it can be extremely lucrative for those that work hard and keep at. If you love writing, I highly encourage you to start your own blog. If you do so through my Bluehost link, you’ll receive an exclusive discount, a free domain name, and I’ll give you a copy of my book – The Beginner’s Guide to Blogging – for free!

1- Get Started

Have an idea for a blog name?! You can check available domain names here:

And, if you’re not sure how to make money blogging, I created a very specific course on how you can make money as a web hosting affiliate. I use and love Bluehost, so that’s what I recommend to readers looking to start a blog. When they make a purchase, I get a kickback at no extra cost to them.

My course – How to Make Money as a Web Hosting Affiliate – will show you exactly how you can make thousands per month helping other people start a blog! It’s super fun and has been very lucrative for my family and I.

Publishing

Nowadays, you can write and self-publish your own books on platforms like Amazon Kindle or Gumroad. I used Gumroad for my book, but have heard wonderful things about Amazon Kindle. Writing and uploading is the easy part; it’s the marketing and promoting of your book(s) that will take time. However, if you’re a good author and you know how to market yourself, you could easily make six figures per year from book sales.

Don’t believe you can really make that much self-publishing your books? Check out this story in Forbes featuring a writer who made $450,000 from Amazon publishing in one year.

Buy, Refurbish, Sell

Do you love garage sale-ing, shopping for antiques or fixing up older appliances/furniture and making it like new? If so, why not start a business doing what you love? An old boss of mine made $800 per month re-selling items she found at garage sales. She spent roughly 15-20 hours per month finding old items and then listing them on eBay for a profit. By scaling the business and investing more time into it, one could reach the six-figure income level in no time.

The same goes for refurbishing furniture. I repainted a dresser I bought off of Craigslist for $15 and could have sold it for $200. I’ve also repainted our $100 Craigslist kitchen table and am about to start on a heavy-duty dresser for my daughter’s room that we got for free. Between Craigslist and Goodwill, there are gobs of stuff people are looking to get rid of for little to no money. Make it your job to fancy it up and sell it for a profit!

Make Money Doing What You Love

We all have different passions and hobbies. If you want to make big money, you have to figure out a way to leverage your talents so you can earn a six-figure income. My husband, for example, works in construction. He loves fixing up houses and making them custom. There are many routes that he could go – he could flip properties, manage his own rental properties, be a licensed contractor and hire subcontractors to do the labor, start a blog on renovating homes and make money via advertising and affiliates, or a combination of the above.

Or, perhaps you like doing a bunch of different things but don’t want to be tied down to one field. You could freelance write and bring in $2,500 per month, create and sell items on Etsy for $1,000 a month, run your own blog for $3,000 a month, manage rentals for $1,000 a month, walk your neighbors dog during the day for $500 a month, and refurbish furniture for $1,500 per month. Before you know it, you’re making six figures a year by doing what you love. (I know all of this would require a decent amount of time on your part and that everyone’s circumstances vary; these are merely ideas.)

Do you run a six figure business? If not, what type of business would you start?!

Six figure business ideas that you can do from home! Check out these top ways to make money from home. You no longer have to choose between a career and a family. Why not have both?! Let me help you get started!

/ Filed In: Blog, Careers, Freelance, Income, Rich, Small Business
Tagged: blog, freelance, freelance writing, how to start a business, income, making money, making money online, self employment, small business

The Benefits of Having Two Blogs

Hi everyone!

First, some exciting news: I launched Coffee Talk for Mamas yesterday evening! You can check it out here 🙂

That blog has been a labor of love. Some of you may be wondering why I decided to start a second blog when I still plan on blogging on this one. The first reason is that I had been wanting to write a book (which I did, The Beginner’s Guide to Blogging), and in order to create a guide for new bloggers, I wanted to actually walk through the steps of creating a blog rather than trying to remember. Remembering is one thing (doesn’t it always seem easier?), actually setting up a blog is completely different.

And, truth me told, I had been wanting to start a second blog for quite some time. As much as I love the frugal millionaire and all that it’s become, I felt (and still feel) a little limited on what I can write about. Coffee Talk for Mamas will encompass everything I want to write about and, because the name is general, I can add new topics as the blog (and me) grow.

I’m a few months in to this whole managing-two-blogs-thing and I have to say that so far it is going better than expected. While I don’t necessarily recommend everyone having two (or more) blogs, here is why it’s working for me.

Continue Reading

/ Filed In: Blog
Tagged: blog, how to start a business, making money online, self employment, work from home

10 Reasons Why Everyone Needs a Blog

Don't be afraid to start a blog. It really can change your life if you give it time!! Here are reasons you need to start a blog today!

 

Our world is getting more and more technologically advanced. Many people work at companies and in industries that didn’t even exist 15 years ago. I work on the SEO team at my company, which is a perfect example of a whole new job genre that was created in the past two decades.

The internet and social media have evolved time and time again over the past few years. I personally believe that, eventually, the majority of jobs will be online. Even banks are going online and forgoing the traditional freestanding branches. It’s only a matter of time before nearly all jobs require some sort of tech knowledge.

Whether you’re a freelancer, a college student, a small business owner or a 9-5 employee, you need to start a blog or a website as soon as possible. Now is the time to learn the ins and outs of websites, to make yourself more marketable as an employee, and to start your own little business on your corner of the internet.

Continue Reading

/ Filed In: Blog
Tagged: blog, how to start a business, making money online, self employment

Side Hustles for Moms: The BEST Job for Stay-at-Home Moms

 

How stay-at-home moms can make thousands of dollars from home in just a few hours per week!

Are you a stay-at-home mom looking to make some extra money each month? While that’s great, what if I told you you could actually make thousands each month by doing something that you love. It might even get to the point where your husband could quit his job and stay at home, too. That is eventually my goal, and I just know I’m going to get there!

If you’ve researched work-from-home jobs and side hustles for moms before, you’ve probably found a variety of jobs you could do from home. But, realistically, how long could you keep some of those jobs up for? Phone jobs, for example, are very popular work-at-home jobs. But do you really want to talk on the phone all day? I don’t know about you, but that does not sound fun. Plus, one of the biggest advantages of working from home is setting your own hours. With many jobs, you can’t do that. If you have to be available M-F from 8-5, you may as well be in an office.

So then what are the ultimate side hustles for moms?!

Continue Reading

/ Filed In: Blog, Careers, Freelance
Tagged: blog, freelance, freelance writing, how to start a business, self employment, work from home

How to Be a Virtual Assistant

Do you dream of working from home one day but don’t quite know what job you want to do? Perhaps you’ve thought about freelance writing, but just don’t have the desire to write day after day on topics not chosen by you? I’m a freelance writer, and while I personally love it, I can see how writing can get old after awhile (and it does, haha).

How to be a virtual assistant: Read my tutorial to start making a living online as a virtual assistant today!

But what about being a virtual assistant? Instead of writing everyday, you get to help someone with their day-to-day tasks. This could be anything, as a virtual assistant is a really broad job. You might answer emails, schedule out blog posts, add images to posts, go through and do a site audit, run your client’s social media accounts, help your client brainstorm new business ideas, and more. Basically, you would be a small business owner’s assistant – so your duties would be anything that they needed help with.

Being a virtual assistant is a great career choice because it doesn’t require you to do the same tasks day after day. Sure, you might have some monotony, but what job doesn’t? Most likely, your job will vary on a weekly basis.

Continue Reading

/ Filed In: Freelance
Tagged: freelance, how to start a business, self employment, small business, work from home

Tips for Brand New Freelancers

Tips for brand new freelancers! Do you want to quit your job and be a full-time freelancer? Or, are you just looking to make a few hundred extra per month? I've been freelancing for four years and am sharing my tips for brand new freelancers here! Including how to find jobs, how to get good clients, and more!

Are you ready to change your life? Freelancing and blogging have 100% changed mine, even though I do it on a part-time basis and make a part-time income. No, I’m not traveling to exotic locations every month, but my life is for-sure changed. My husband and I no longer stress at all about finances. We know if times ever got tough, we could both side hustle more and bring in more money. I sleep better at night, I’m able to spend more freely, and I’m a lot happier overall. Life is good 🙂

If you’re looking to make more money – whether a few extra hundred per month to take some stress off of your finances or an extra $10,000+ per month to be able to quit your full-time job – I’m here to tell you that I promise this is possible. But, you have to get started.

Here are my very best six tips for brand new freelancers.

Continue Reading

/ Filed In: Blog, Freelance
Tagged: freelance, freelance writing, how to start a business, making money online, self employment, work from home

  • Newer Entries
  • 1
  • 2
  • Email
  • Facebook
  • Instagram
  • Pinterest
  • Twitter

Search my blog!

Top Posts

  • Frugal Birthday Ideas for Your Husband
  • How to Have a Great Day
  • How to Spoil Your Husband without Spending Money
  • How to Start a Successful Handyman Business
  • How to Be a Full-time Blogger

Theme by 17th Avenue · Powered by WordPress & Genesis