Certainly, the best business ideas are those that are based on your own recreational activities. There are at least three teenage entrepreneurs who’ve already earned astonishing amounts of money by launching hand-made jewelry business ideas: M3 Girl Designs’ Maddie Bradshaw , Bella Weems of Origami Owl , and the girl behind DesignedByLei With the industry set to shine in the near term via a brisk annual growth rate of 5-6%, the market is ripe for new entrants to this business idea who can offer sparkling new takes on how to craft appealing handmade goods.

Thanks to a combination of technology, third-party suppliers, and the ability to quickly test ideas online, it’s easier than ever to build a business and start making sales without getting caught up in sourcing products, renting space, and managing inventory.

There’s a lot of money out there in grants, but writing grant proposals can take a lot of time, especially if you are not experienced at it. Like so many other fields, specialization will help get business, and it will allow you to charge much higher fees.

Building a loyal audience requires patience, consistency, and focus This is not the easiest way to start a home-based business, especially not in the short-term, but if you’re able to build a following around something you love it can be one of the most fulfilling and enduring, giving you the flexibility to pursue multiple revenue streams at once.

From dresses, shoes, swimwear, accessories, and more, you can build your own fashion brand using one of the several product sourcing apps for Shopify , model them in your own product photos and social media posts, and build an online following as a trend-setter.