Selling Services is a great business model because similar to digital products, there can be low to no cost of goods, therefore you are just investing your time and energy in return for money.

Starting by Selling Tasks is a great way to get started for those who have more time than experience, which makes it often a starting place for kid entrepreneurs as well as adults.

This article is an excerpt from our eBook which is available on Amazon Kindle.

What To Sell

You are selling your time and abilities to help others who either can’t do the task or don’t have time to do it. These tasks could include home cleaning or home repairs, moving furniture or moving boxes, assembling furniture to administrative tasks or just standing in line for a client who wants event tickets or the latest iPhone, or just about anything on the platform TaskRabbit.

Local delivery like PostMates could be included in this business model, as well as driving for Uber or UberEats.

How to Get the Products

This is easy! YOU are the product! Make yourself available to help others with tasks, be professional, reliable, and dependable and you can make a business out of it.

How to Get Customers

There are so many platforms now to help facilitate tasks like these, including already mentioned TaskRabbit, PostMates, Fiverr, and Uber/Lyft. Amazon Home Services is another resource to find tasks.

Advantages

Biggest advantage is you can start today with no money! Just list your services on one of the platforms or get the word out in your local area with flyers and in the mail.

Disadvantages

As with any service based business model, you are trading your time for money, so when you are sick you don’t make money. Also, there can come a time when your business grows to the point where you run out of time to add new tasks and your income will plateau.

Risks

This is a pretty “low risk” business model, however some things to consider are your personal safety in any task, as well as your liability, for example, you are doing work in a customer’s home and break something or the project doesn’t go as planned. Many independent contractors are insured for just this reason.

Money Needed to Get Started

$0

Expected Profit (% of sale price)

Close to 100% profit (you are trading your time!)

Resources and Examples

Third-party links and resources. Commissioned links below.

TaskRabbit

PostMates

Amazon Home Services

Uber, Lyft

Freelance with Fiverr

Article: TaskRabbit Review: How You Can Make $60 an Hour in Your Spare Time

This article is an excerpt from our eBook which is available on Amazon Kindle.

Disclaimers

IMPORTANT NOTE ABOUT THE AUTHOR: Earnings and Legal Disclaimers: The author is a professional 20 year entrepreneur and his results are not typical. His experiences and those of his examples and students are not typical and not a guarantee you will make money. You may make more, less, or the same. There is risk of losing money in every new business. Individual results will always vary and yours will depend entirely on your individual capacity, work ethic, business skills and experience, level of motivation, diligence in applying information, the economy, the normal and unforeseen risks of doing business, and other factors. Additionally, the author is not a lawyer, CPA, or CFP and does NOT offer legal or financial advice. The author is not responsible for your actions. You are solely responsible for your own moves and decisions and the evaluation and use of information should be based on your own due diligence. Unless otherwise noted, all photos courtesy of Pexels attribution free license.