The 38 Best Home-Based Businesses To Start In Mississippi [2024]
Interested in starting a business in Mississippi in 2024?
We put together 39 of the best businesses you can start in Mississippi today.
For each business idea, we’ll show you real-world examples of how you can start your profitable, home-based small business in Mississippi.
Here's the full list:
1. Start an ice cube business ($4.8M/year)
You could start an innovative ice cube business in Mississippi, blending your entrepreneurial spirit with creative product design. For inspiration, look no further than Glo®, a business launched by Hagan Walker in Starkville, Mississippi. Glo specializes in liquid-activated light-up drink cubes and sensory bath toys for kids, combining patented liquid activation circuitry with unique designs that ensure the products light up only when in liquid. This ingenious idea has transformed into a successful venture, generating $1.2 million in revenue and reaching customers in 37 countries.
If you're looking for proof of concept, Glo® is a shining example of how a classroom project at Mississippi State University can evolve into a globally recognized business. This venture showcases the potential for innovative home-based businesses in Mississippi, particularly those that merge technology with everyday items. You can read more about Glo's journey in this case study.
Learn how a team from Mississippi State University turned a classroom project into a $1.2 million year business selling liquid-activated, light-up drink cubes and sensory toys for kids, which are now sold in 37 countries.
2. Start a cbd business ($1.02M/year)
If you're considering starting a home-based business in Mississippi, the CBD industry presents a lucrative opportunity. With increasing awareness of the health benefits of CBD and its effectiveness in treating conditions like chronic pain, anxiety, and inflammation, you could tap into a rapidly growing market.
Market researchers predict that the CBD industry will grow by a CAGR of 21.7% over the next few years, making it an attractive business venture. By exploring options like becoming a CBD distributor or running a CBD subscription box service, you could capitalize on this booming industry. For more details and real-world examples, check out successful CBD business case studies on our website.
Plain Jane, an online CBD company founded by two college roommates, offers unique products and has generated over $20K a month in sales within five months, attracting and retaining customers through social media, authentic stories, and content.
3. Start a cannabis business ($3.26M/year)
Given that Mississippi recently legalized medical marijuana, starting your own cannabis business could be a groundbreaking opportunity in the state. The cannabis industry is projected to grow substantially, with legal marijuana sales expected to reach $22 billion by 2022, offering a lucrative market for savvy entrepreneurs.
No matter your level of experience, the cannabis industry presents a range of opportunities, from cultivation to retail. With the market still in its early stages in Mississippi, you could position yourself as a pioneer in the field. For more details on how to start, explore this comprehensive guide on the cannabis business and read inspiring success stories of entrepreneurs who have thrived in this sector.
Plain Jane, an online CBD company founded by two college roommates, offers unique products and has generated over $20K a month in sales within five months, attracting and retaining customers through social media, authentic stories, and content.
4. Start a real estate business ($3.37M/year)
A real estate business could be a lucrative choice in Mississippi due to the state's affordable property prices and growing market. As a qualified architect with a deep knowledge of the real estate field, you could leverage your skill set to identify valuable opportunities for purchasing, selling, managing, or investing in land and buildings.
Mississippi's diverse landscape and architecture offer a variety of real estate niches to explore, from coastal properties to charming historic homes. You can start your journey by reading about real estate business and learn from successful entrepreneurs' case studies within the industry.
This case study is about T. C. Lewis & Co, a real estate investment and management firm that successfully diversified their approach to include sales, development, remodeling, and construction, with property management being the key to investor doors and organic growth.
5. Start a supplements company ($4.71M/year)
Creating a supplements company in Mississippi could be a lucrative opportunity, especially given the state's growing interest in health and wellness. You could tap into this trend by offering high-quality dietary supplements, vitamins, and protein powders to fitness enthusiasts, health-conscious individuals, and wellness influencers in your community. This allows you to cater to a niche market that prioritizes their nutrition daily, providing you with a loyal customer base.
Moreover, starting a supplements brand is relatively inexpensive and can be managed from the comfort of your home, making it accessible for budding entrepreneurs. You could leverage online platforms to market and sell your products, reaching a broader audience without the need for significant upfront investment. For more details on how to get started, check out this link and explore successful case studies here to gain valuable insights.
A military officer turned entrepreneur built sports nutrition brand Bare Performance Nutrition from $15,000 in year one to on track to generate $6m in revenue this year, leveraging social media platforms and creating interactive, relatable and valuable content to create a community and a brand voice.
6. Start an etsy shop ($570K/year)
Starting an Etsy shop in Mississippi could be a rewarding venture due to the state's rich cultural heritage and growing online commerce trends. You could capitalize on your unique, handmade crafts or vintage finds to tap into a global marketplace, all while working from the comfort of your home.
Moreover, the relatively low cost of living in Mississippi allows you to maintain lower overhead costs, giving you more flexibility to invest in high-quality materials and marketing efforts. Check out these successful case studies to see how others have thrived on Etsy, and start turning your creative passion into a profitable business.
Chasing Planner Peace is a planner company that has expanded from selling planner inserts on Etsy, to offering a one-stop shop customizable planner experience with over 300 inserts, a planner line, and various other related products, gaining a monthly revenue of around $25,000 at its busiest time of year.
7. Become an online dating consultant ($191K/year)
Starting an online dating consultant business in Mississippi could be a promising opportunity due to the increasing popularity of online dating platforms. With a significant number of single people in the state seeking meaningful connections, you could offer specialized advice and guidance to help them navigate the digital dating scene, leading to a high demand for your services.
Furthermore, the relatively low startup costs and the ability to work from home make this business idea financially approachable. For more details about this business idea, you can learn more here. Additionally, you could draw inspiration from successful case studies of individuals who have thrived in this field.
The Match Artist helps singles take amazing photos for their online dating profiles through a 3-hour executive shoot, coaching, and email course, pioneering a new genre of photography, with an average monthly revenue of $5,000-$6,000 and a plan to double down on paid ad campaigns in the future.
8. Start a pet company ($4.12M/year)
Starting a pet company in Mississippi could be a lucrative venture, particularly given the state's high pet ownership rates. Many residents value top-notch care and products for their animals, offering you a ready market for various pet-related services and goods, from food and toys to grooming.
You could also benefit from flexibility, choosing to operate your business from home or at a location that suits your needs and those of your customers. With a strong dedication, your love for animals can translate into a profitable and fulfilling business while contributing positively to your local community. For inspiration, you can explore successful case studies within this industry.
Furry Fellas Pet Service LLC is a successful pet sitting and dog walking business that brings in over half a million dollars in sales per year, boasts 3,500-4,000 social media followers, employs 42 individuals and has been voted in the top 3 pet sitting/dog walking companies in the RI/MA area for eight years in a row.
9. Start a subscription box business ($1.17M/year)
Starting a subscription box business in Mississippi is a promising venture given the state's growing interest in unique and locally sourced products. With a strong sense of community and a focus on supporting local businesses, you could curate boxes that highlight products from Mississippi artisans, farmers, or other small businesses, creating a strong local appeal.
Additionally, given Mississippi's lower cost of living and operating expenses, you could achieve a higher profit margin while offering competitive pricing. With careful planning in understanding your niche market and building relationships with local suppliers, you could make your subscription box business both a rewarding and financially successful endeavor. For some inspiration, check out our success stories of other entrepreneurs who have thrived with this model.
Vowed Box Co. is a line of curated, quirky gift boxes with non-traditional brides in mind, offering four different products that have helped the business become profitable most months since its launch in 2018, with a monthly income of roughly $600.
10. Start a sleep product ($6.3M/year)
Starting a sleep products business in Mississippi could be an excellent opportunity given the growing awareness of sleep health and the increasing demand for quality sleep aids. With an emphasis on enhancing brain performance, mood, and overall health, investing in sleep products such as mattresses, bed sheets, and sleep wearables could cater to a significant consumer base in your state.
Moreover, the rising disposable income in Mississippi aligns well with the global trend of consumers opting for premium sleep products. This business could leverage market shifts away from medicinal sleep aids towards natural alternatives. With projections showing the sleep aids market reaching $111.9 billion in a few years, this venture could prove lucrative. For more details on starting this type of business, check out this guide and explore successful case studies of entrepreneurs who have thrived in this sector.
Sheets & Giggles, an eco-friendly bedding brand, earned nearly $500,000 and 6,000 orders in the first 6 months of business through Indiegogo, and utilizes pun-based marketing and a DTC model to tap into a fragmented, low brand loyalty market.
11. Start a slack bot business ($24.5K/year)
A Slack bot business could be an exciting and profitable venture in Mississippi, especially given the state's growing tech scene. With lower operational costs and access to multiple resources that support small businesses, you could start offering solutions that improve workplace productivity without significant overhead.
Given the demand for efficient remote work tools, your custom Slack bots could cater to local firms and businesses nationwide. This business idea leverages your programming skills to create value by automating routine tasks. For more insights, check out more details on this business idea and read successful case studies of others who have ventured into this niche.
The Match Artist helps singles take amazing photos for their online dating profiles through a 3-hour executive shoot, coaching, and email course, pioneering a new genre of photography, with an average monthly revenue of $5,000-$6,000 and a plan to double down on paid ad campaigns in the future.
12. Start a video production company ($1.87M/year)
Starting a video production company in Mississippi presents a lucrative opportunity due to the growing demand for high-quality video content in marketing strategies. Businesses in Mississippi, ranging from local startups to established corporations, often seek professional video production services to create commercials, online ads, product showcases, and corporate videos to enhance their brand presence and reach.
With your entrepreneurial spirit, you could tap into the local market's needs for creative video content, gaining clients across various sectors. Success stories of video production companies illustrate the potential for growth and profitability in this industry. You can explore these successful case studies to gather insights and inspiration to launch your business.
Lemonlight CEO, Hope Horner, co-founded an on-demand video production company that has produced over 7,000 videos for more than 3,000 brands, generating over $6 million in sales and growing to a 45-person team, all without taking any outside capital and being recognized in Inc 5000 and Entrepreneur 360 for three years in a row.
13. Start a life coaching business ($237K/year)
Starting a life coaching business in Mississippi could be a promising venture due to the increasing demand for personal development and professional guidance. With the life coaching industry growing rapidly, there's ample opportunity to tap into a market that values emotional intelligence, professional insights, and personal experience. You could leverage your knowledge and interpersonal skills to help individuals navigate their career paths, improve their personal lives, or achieve specific goals.
Moreover, setting up a life coaching business is relatively low-cost and can be run from the comfort of your home. All you need is a computer, a reliable internet connection, and a LinkedIn account to get started. Building a client base can be done gradually by offering part-time services and progressively expanding as you gain more clients. For more details on how to start a coaching business and to read successful case studies, check out our extensive resources.
GrowthMentor, a platform connecting vetted growth mentors for one-on-one calls, founded by Fotis Panagiotakopoulos, has had over 2,500 mentorship calls booked to date and has seen success in using word of mouth, content marketing, and leveraging other people's networks as the primary drivers of customer acquisition.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
