Are you a stay-at-home seeking to make extra bucks for the family while still caring for the home? If you are, this article has been created to help you ease that burden of wanting additional cash.
As much as men want to become financially empowered, it is also a fantastic idea for women to become empowered in the same society also.
We are in a virtual era; being a stay-at-home does not make you a liability; you can still build a million-dollar business part-time.
Most women tend to downplay the possibilities of still doing something financially profitable from home.
I need you first to understand that many people quit their jobs to establish businesses and have to work from home, so being a stay-at-home should not be the reason not to make an additional income.
Why a Woman Should Be Financially Independent.
In my own opinion, as stated in the section above, I feel that a woman should be financially independent and here is some reason to back this up.
1. To be a role model.
A woman should be able to support the family’s needs financially, socially, emotionally, and so on.
She is a role model for her children to show them that Gender inequality is generated by society and does not mean anything when a woman is assertive and confidently self-assured.
If children see that their mothers are financially stable, they will also recognize the importance of money and be motivated to be self-sufficient as they grow up.
2. To meet the rising cost of living.
A woman needs to learn to control her finances so that she will be able to meet up with the present-day inflation rate all around the world.
As we all know, inflation has risen sharply in the last few decades. As a result, owning a decent house, sending your children to a good school, and enjoying an above-average standard of living has become very high.
3. To pre-empt emergencies.
One thing that is not predictable is life, and I must tell you that life can happen to anyone, no matter who you are or your class.
Every family needs to be prepared for a contingency. Jobs are not super safe, nor are his life; when the husband is the only bread earner, and the wife and children rely on him, there is a need to worry about the household. I narrated my story in the paragraph above, and I hope you learn from that.
Money-Making Business Ideas Stay-at-Home Moms.
There are so many options available for every woman aside from building a career, but here are some fantastic opportunities to choose from for a very few money-making business ideas.
1. Start a Blog.
A blog is a regularly updated website or web page, typically one run by an individual or small group, written in an informal or conversational style. Starting a blog is a highly lucrative and money-making business that any woman should embark on.
One thing about running a blog is that it attracts multiple income streams. All you need to start a blog is interest and passion in a particular field; most times, you don’t need all the knowledge to start a blog; all you need is the desire to learn.
I wrote a complete guide on how to start a blog effectively from scratch to finish, and I highly recommend that you read it.
2. Catering Business.
In some parts of the world, women have been attributed to belonging to the kitchen; though so many women think of this as a form of abuse, I think that it can become a money-making business that every woman can venture into.
I wrote an article on how you can start and scale your catering business, and I recommend you read it.
3. Digital Marketing.
Digital marketing is another skill that I think is necessary for every woman; learning how to take people’s businesses online is another money-making business.
All you need to understand is the basis of things like Email marketing and SEO. But, most importantly, the understanding of Pay-per-click advertising on platforms like Facebook, Instagram, and Twitter.
I wrote a guide on getting started as a digital marketing expert, and I recommend you read it.
4. Public Speaking.
Over the years, women have dominated this industry and are still doing very well. Of course, most people are born public speakers, but you can acquire the skills for free; all you need is just a burning desire and interest.
Public speakers are paid very well, and eventually, you are sure to hit a breakthrough when you hit the milestone.
5. Network Marketing.
Network marketing is a business concept that grows a company by relying on a network of distributors.
Creating money usually entails using three fundamental types of systematic strategies: lead generation, hiring, and building and management.
Network marketing is one business model that continues to make more millionaires worldwide because it entails leveraging human resources, the most extensive capital globally.
In my few years in network marketing, the highest category of people performing outrightly well is women because it entails socializing. So I wrote an article on how you can get started with network marketing, and I recommend you read it.
6. Laundry Business.
A laundry shop is where the actual sorting, washing, drying and ironing (pressing) of the laundry are done.
Women are naturally home-makers, and they are very good at house chores; all they need do is convert it into a business and start making money from it.
Some so many people need laundry services, and they are everywhere in your neighbourhood. All you need do is reach out to them.
7. Nanny Business.
If you ask any child who their favourite parent is, I am sure that they will tell you it’s their mother; women are naturally drawn to their mothers.
This can become a money-making business for a woman, especially if you have a spacious apartment ready for use; all you need do is make the place beautiful.
8. Software Development (Web Designing).
Over the very few years as a web developer, I have seen more women become software developers, though they are mainly of the western culture; I recommend this as a career to every African woman who wants to make great money.
You don’t need too much to get started as a web developer; all you need is basic programming knowledge, and then you’re up and running.
I wrote an article on how you can kickstart your journey as a web developer, and I recommend that you read it.
9. Graphics Design.
Graphics design is another lucrative business that every woman can do; it does not require too much; all you need is a laptop and software to work with. As a graphics designer, you can work in any field, most of which includes advertising.
10. Video Editing.
Video editing is another lucrative business that any woman can venture into if they intend to make money.
All you need is a laptop and knowledge of just a few video editing software like graphics designing. Video editing is very lucrative because it attracts more opportunities in industries like advertising and movies; you can even start a YouTube channel or start influencing on social media.
I wrote an article on how to get started with video editing, and I recommend you read it.
11. Fashion Business.
When you look around the world at Tv’s online ads, who do you see trying to look good? It’s the woman, of course.
There is no need to argue that the woman herself has taken the business of looking good very seriously.
The one problem is that most of these women are just consumers, and very few of them like to venture into this business.
All you need to get started with this business is interest and some very few soft skills that can be acquired anywhwere even on the internet.
You can also check out a local fashion agency around you; I am sure that they will not charge too much.
E-commerce is a lucrative business that anyone can go into and make perfect money. All you need to start a lucrative E-commerce business is a website.
I wrote a comprehensive guide on getting started with an E-commerce website, and I recommend you read it.
13. Become A YouTuber.
YouTube is one platform that has created more millionaires than any online platform ever known to humanity, and I must commend the company behind YouTube for a job well done.
I usually tell people that spend time trying to grow their Instagram followership to transfer that energy to building a successful YouTube Channel.
YouTube pays You for every Video you upload on its platform, and you can earn recurring income on all videos posted on its platform.
Here is an article I recommend you read to create a YouTube channel.
14. Skin Beauty Business.
When you visit beauty stores close to you, who do you see gracing those posters? Women. Talk about Lipsticks, cosmetics and various beauty stuff; it all belongs in the women’s world.
Talk about beauty brands like Mary Kay, Kylie Jenner, and many others; they are all women.
You can make huge profits the day you decide to go into the skin beauty business.
15. Online Tutoring.
Do you have a skill or professional certification in any chosen field, then you can start tutoring online. You can use YouTube or become a paid creator with Udemy.
16. Agricultural Business.
It has been estimated that in 2040, The whole world will turn to Africa for food. This business of tedding plants and crops is lucrative for both men and women; you can make perfect money. Africa has all it takes for you to start an agricultural business.
17. Interior Decoration.
Interior designing is another lucrative business that I can recommend to every woman that wants to be financially independent. There are so many public places and private homes that need to be decorated in and out.
Meeting up challenges in life as a woman can be challenging when it almost seems like a man’s world.
Still, I counsel every woman out there to be strong and never to feel overwhelmed by any life challenges they might be facing, from childhood to motherhood.
Here is an article I also wrote to help every woman raise startup capital for their businesses.
- How To Beat Competitors In Business
- 10+ Smart Ways To Raise Capital To Start Your Business
- How To Get Business Grants
I also prepared a digital marketing course to help you scale your business, and here are very articles to help kickstart your journey to become an online marketing pro.
- How To Grow Your Business On Facebook
- How To Grow Your Business On Instagram
- Learn How To Do SEO The Right Way