Here's a simplified version of what takes place, but the principles are the same: You lend money to people who can't or won't borrow it from regular banks. Your profit is generated by the interest charged on that loan. Startup costs: You don't need to be Warren Buffet to get involved in the peer-to-peer lending market. In fact, some peer-to-peer success stories have started with as little as $25. Income potential: Inexperienced lenders can earn as little as 4% per year in interest on their loans. Which is still better than most banks. More experienced lenders report returns of 12% – 14% on their loans. But do your due diligence because every financial transaction involves an element of risk. Success stories: Joseph Hogue made US$10,000 with P2P loans.
To attract students, you may need to offer some of your tutoring services for free. You can give them a free trial session where they can gauge your teaching style and determine how comfortable they are with you.

The need for senior care is expected to grow as the Baby Boomer population continues to age. The U.S. Census reports that by 2030, all 73 million people in this generation will be over age 65.
If you have a clear idea of what you’re going to sell, brainstorm names by looking at other brands in your industry. Or, a name might pop into your mind immediately. While it may work for rock stars, it’s best to avoid numbers and complicated symbols. Keep the brand name simple and easy to pronounce.