Are you looking for some lucrative home business ideas for women? The best high paying business ideas for women are often different from those that men pursue. In this article we reveal some of the best offline and online business ideas for women.
In the United States, 75% of businesses are owned by men. But females are just as capable, if not more so, than men at making money from entrepreneurship. Women-owned businesses often experience much higher growth than businesses owned by men. They tend to create more jobs and higher revenue than men-owned businesses.
The number of entrepreneurial women that are starting businesses is growing. The difficulty is often trying to find the right business idea that is profitable, enjoyable and flexible. Working from home is often an attractive idea for women.
In this article, we give you 12 lucrative home business ideas for women. These ideas are particularly suited for women as they tend to appeal to females more than males. Women are often very creative, so these high paying business ideas for women will most likely satisfy the desire to express your creative side.
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SIDENOTE! INVESTING DIVA!
The majority of freelancers are women. They often claim that the conventional workplace is ‘stacked against them’ and turn to freelancing to level the playing field. This is one of the reason that this list of online business ideas for women includes many freelance business ideas in the creative niches.
The idea in this article is to introduce you to some high paying business ideas for women. These ideas will hopefully get your creative juices flowing and you can pursue your favorite ideas further.
The best offline and online business ideas for women
Let’s get started with our lucrative business ideas for women!
1. Online Proofreading
Proofreading is one of the most lucrative home business ideas for women. It is perfect for women, because females tend to be more detail orientated (in general) than men. This ‘eagle eye’ is the perfect skill if you want to start your own freelance proofreading business online.
Proofreaders are in high demand because of the sheer volume of online content that is produced. If you enjoy reading blog posts or eBooks then you should consider starting your own online freelance business.
You can earn $50 – $100 per hour as a freelance proofreader, which makes it one of the most lucrative home business ideas for women.
2. Freelance Writing
I know many people that make a full-time living with freelance writing. Most of them are women (including Holly Johnson who makes $200,000 a year as a freelance writer). To be a good freelance writer you need to be able to communicate effectively and be extremely responsive to the clients requests. Women tend to be better at this than men!
A great way to start your freelance writing career is to write blog posts for bloggers online. If you do a good job then you will likely get more work from them and even a glowing testimonial that will help to grow your business.
Freelance writing is one of the best high paying business ideas for women that want to get started working from home. We hire writers for this site and typically pay them around $200 – $400 per post (1000 – 2000 words), which is about the industry standard for an experienced writer.
3. Teaching English with VIPKID
If you love to teach kids, then consider becoming an English teacher for VIPKID. You are a freelancer and pick your own hours. The pay can be as high $22 per hour. Women make great teachers!
VIPKID hires work-at-home freelance teachers to teach English online. Most of the kids are in China, but you don’t need to speak Chinese to teach them.
Here is what you do need to start:
- High quality internet access
- Computer, webcam and a microphone
- Some experience in a ‘mentoring’ role with kids. Babysitting, coaching or tutoring all count.
You can teach full-time or part-time but you will ultimately be limited by exchanging your time directly for money. This means that in my opinion, teaching is probably not one of my favorite high paying business ideas for women. But some people love it and it can be a great way to transition into the self-employed world.
Yup, being a peacemaker is a real business! Woman are fantastic at mediating arguments and acting as neutral parties that help parties to reconcile a problem. This is an important role because many times they can help the parties from litigation which is a costly process.
Amazingly, you don’t need any official qualifications to be a mediator! This is even more surprising when you realize that you can make $100 per hour working in mediation.
So if you like to help keep the peace and help people to work out their issues with each other, try contacting the American Arbitration Association to learn more about getting started as a peacemaker.
Blogging is a fantastic business to start online. You can build it on the side, basically just writing about something that you are passionate about. The earning potential is unlimited – many bloggers are earning $100,000+ per month from selling their own products and paid advertisements on their sites. We currently make close to $20,000 per month from our websites, so if we can do it, well then you can to!
The earning potential of blogging is massive. Michelle Schroeder-Gartner is a famous blogger that makes $100,000 to $200,000 a month from her blog! You can read her full story here.
If you want to start a blog then check out our free step-by-step tutorial that walks you through the cheapest way to start one today. It takes time and effort to build a blog and attract visitors but it can be a very passive form of income for you in the future.
6. Candle Making
There is a huge market for candles! Most people love candles and buy some at some point. They are a luxury item that can make a huge difference in the mood of a room. Many people make candles, sell them online and make a lot of money doing it.
If you think that this might be a good business for you to start, consider investing in a book (e.g. The Art of Candle Making) to learn the basics of candle making and how to turn it into a million dollar business.
Typically, you can expect to make up to $20 profit per candle and the startup costs are usually less than about $100. Starting a blog is a great way to sell your candles, but you can also try Etsy and other similar online market places.
7. Jewelry Making
If you love jewelry or have a talent for fashion – this might be the business for you! Are you good at making things with your hands? If you are then it might be worth starting to make and sell your own unique jewelry from home.
Many people make some decent money selling their handmade jewelry, but it is not an easy business. I came across this great article about some of the things that you might want to consider if you start this business.
8. Daycare Business
Daycare businesses profits are growing rapidly due to the improvement in the economy. Many parents are returning to work and they need daycare more than ever.
If you like kids, then you might love to start a profitable daycare business. This is one of the best high paying business ideas for women that might be almost exclusively started by women! It is the perfect business if you are a stay-at-home mom with young kids – its like you get paid to have playmates around!
Profit margins are great and really all you need is a decent sized house and to comply with any licensing requirements in your area.
9. Making and Selling Printables
Have you heard of printables? Printables can be anything from one page check lists to eBooks. People love to print things out and write on them – even with the digital revolution.
Printables are downloaded from the internet for free or sold for a few dollars each. They can include things like:
- Workbooks for weight loss to track progress
- Budgeting and financial planning spreadsheets
- Weekly planners
- Travel planners
- and so much more!
You can create your own printables and sell them on a blog, Etsy or Amazon. Websites like Fiverr.com can be used to have printable designs made for a very low cost or you can even sell them on there.
I am truly amazed at this business idea – but people make millions of dollars with it every year! One good example of someone that has made a great business with printables is Sarah Titus (you can read her story here).
10. Paid Surveys
Whenever I am talking about home businesses, I always mention paid surveys. You can complete paid surveys online and get paid a small amount for every one that you finish. A good one that I use to make money from is called Survey Junkie. You will never make a lot of money with paid surveys. I am just including it here because sometimes you need to make money fast!
11. Virtual Assistant
Becoming a virtual assistant is a fantastic business for women. You get paid to help other people online with a variety of tasks including:
1. Social media management
2. Proofreading and content creation
3. Email management
4. Anything else that online entrepreneurs need help with!
The pay can be anywhere from $15 per hour to $100 per hour depending on experience and the type of work. Specialized skills will command higher pay rates.
Check out this free video and other free resources to learn more about becoming a virtual assistant.
12. Start a Cake Shop
We are generally not huge fans of starting offline businesses – especially in the food industry. This is because most of the time you are just buying yourself a job and a lot of responsibility. Often the startup costs are much higher than becoming an online freelancer or blogger.
However, if you love making cakes then you should consider starting your own cake shop! We firmly believe in making money, but also following your dreams.
If you don’t like the idea of investing in starting your own cake shop then we have another idea for you. If you are great at making cakes, you can TEACH other people to make cakes! You can do this from your home and make a decent income from it.
Conclusions: Lucrative Home Business Ideas for Women
I hope we have inspired you with these lucrative home business ideas for women. Women have many traits that help them excel as freelancers and business owners. The high paying business ideas for women that we have given you in this article tend to focus on these strengths.
Do you have any other lucrative online business ideas for women? We would love to hear from you!