If you identify as an introvert and are interested in your own low-cost startup, you could be an ideal candidate for starting your own business.
Introverts are powerful in their own right. They are productive thinkers with strong opinions who can achieve great lengths. Despite what the media says — often stereotyping them as “shy” or “socially awkward” — introverts can make great business leaders and entrepreneurs. In fact, many successful business leaders are introverts, including Bill Gates, Mark Zuckerberg and Warren Buffett.
At least one-third of all Americans are introverts, says Susan Cain, author of Quiet: The Power of Introverts in a World That Can’t Stop Talking and the leading voice today on lost opportunities when undervaluing introverts.
“They are the ones who prefer listening to speaking, reading to partying; who innovate and create but dislike self-promotion; who favor working on their own over brainstorming in teams,” she says.
Here’s a list of 12 low-cost business ideas under $1,000 to get you on your way.
Startup costs: up to $1,000
Equipment: computer, design software
For highly creative and visual introverts, freelance graphic design can be a great way to make a living. With digital businesses on the rise, demand is higher than ever.
Jacob Cass is a graphic designer who started design business Just Creative in 2012. Solving clients’ business problems through visual communication such as creating logos, websites, stationery and marketing materials are only some of the many projects he undertakes on a daily basis.
“Web design can be self-taught — that’s how I learned,” Cass says. “You need to know software to do this, but most importantly you need to understand the principles of design as well as understand clients needs, not wants.”
It’s simple to get started. Cass registered his company with the government as a sole proprietorship, then began reaching out to clients. Both tasks that can be done from your computer. Other than acquiring certain software such as Adobe Photoshop, Illustrator and InDesign, startup costs were minimal, he says.
Startup costs: up to $1,000
Equipment: computer, training courses
Detail-oriented and meticulous, introverts make excellent coders. The combination of patience and focus makes coding a great option for an introvert seeking self-employment. Because coding is such a niche skillset, there is high demand for freelance coders, and much of the work can be done from the comfort of your home.
It gets better. There is an abundance of free resources online such asCode Academy and Udemy where you can educate yourself. AlsoGeneral Assembly offers one-shot classes and intensive six to 12 week training sessions online and in-class for a cost ranging from $140 to $3,500 — that’s what jumpstarted coder Yin Mei’s career.