80 Startup Business Ideas That Can Make You Money

(chapter 4)


Service Based Startup Business Ideas

STARTUP BUSINESS IDEAS #31: INSTAGRAM MARKETING INFLUENCER

Are your friends often jealous of your Instagram or social media following? Do you have an impressive number of followers? If so, you could be an influencer in your chosen field. If companies like your “aesthetic” and feel that your image gels well with their brand image, they can offer anywhere between $50–$1000+ per post, depending on your following! Of course, there is some amount of business and marketing acumen required, but you can definitely start earning through social media. So rack those followers up and start making that money!

STARTUP BUSINESS IDEAS #32: VOICEOVER SERVICES

Do you have a distinct voice or the capability of modulating it on command? Are you great with impressions or have a commanding and resonant voice? If you answered yes to any of those questions, you could be making money by literally just talking. Okay so maybe not “just” by talking but you get the point. You could work with animators, movie makers, advertising gurus and even help make educational content, all while being paid really well!

STARTUP BUSINESS IDEAS #33: TRANSLATOR

Yet another reason for bilinguals to rejoice! If you speak two or more languages, including English, and love the freedom that remote work can provide, you should look into starting your own translation services business. You can hire more translators who speak other languages and grow your customer base over time. Of course, such a business requires dedication, patience and a love for languages beyond the ordinary. If you would just like to dip your toes and check out if you would like being a translator,  Flexjobs  is a nice place to pick up some translator work.

STARTUP BUSINESS IDEAS #34: CONTENT MARKETING

 Content marketing  is currently a hot profession in the market today. With new businesses constantly needing content that can stand the competitive nature of the businesses today, if you have any experience in this field, you are already a hot commodity, so why not capitalize on it?

STARTUP BUSINESS IDEAS #35: FREELANCE PROOFREADING & EDITING

If writing isn’t your thing but you’re great at catching mistakes, be it grammatical or just typos, you could make a really good editor or proofreader. Almost any company that deals with content has someone who proofreads the material before it is published. In many cases, this isn’t a formal position, but if you explain the benefits of hiring an individual to do the job and reduce the team’s workload, you may have a shot at landing a client. Create a roster of clients, startup your own consultancy and you are off to the bank. If you would like to get some experience before you start your own business, you can get some gigs on  Fiverr  or  Upwork .

STARTUP BUSINESS IDEAS #36: COPYWRITING FOR WEBSITES

Almost every website owner on the internet has, or at least has considered, hiring a copywriter at some point. Copywriters can create content for any part of their business, be it the blog posts, banners, product descriptions, landing pages or the FAQs. Even though there aren’t many high paying jobs for writing, if your content is good, you deliver the work on time and have some experience, you could look forward to launching a freelance writing career.

STARTUP BUSINESS IDEAS #37: GHOSTWRITER

Ghostwriting is a profession that a lot of people don’t know about. There are quite a few extremely talented writers out there that write for a list of high-profile clients and get paid for the content they write/create. The only difference is that they don’t get credited for the work, but instead the client gets the credit—which is why it is such a well paying job. Many CEO’s use ghostwriters to write speeches, blog posts, journals, reports, etc. for them and this isn’t a new practice. Before you know it, you could have a roster of high-paying clients.

STARTUP BUSINESS IDEAS #38: TUTORING

A lot of students turn towards the internet when they need tutoring for difficult exams like the SATs and the ACTs. You can provide services such as tutoring over Skype, writing blog posts for coping with stress during exam time and providing useful studying tips and tricks. Parents often pay a lot for the education of their children, provided they are getting the best support possible.

STARTUP BUSINESS IDEAS #39: MENU PLANNING SERVICES

There are several people involved in menu planning for events or restaurants, not just the chef. When event spaces, businesses and even restaurants are unsure of how to plan their menus, they hire someone to help out with it. While this business is a low investment idea, you have to be trained in some capacity or have to have some experience to do the job, whether that is being a food blogger/influencer or even a chef yourself. This is the perfect way to work with food without directly getting involved in the process of preparing it.

STARTUP BUSINESS IDEAS #40: EVENT & PROJECT PLANNING

Contrary to popular belief, you don’t actually need to be location dependent when it comes to event and project planning. Most of the work can be done remotely and if you are truly worried that you need to be somewhere for the planning process, you could always work in or around the location by handling your calendar from home and holding meetings at cafes and restaurants. If you do choose to work remotely, the best part is that you can plan an event around the world if you can get the clients and are amazing at your job. A lot of clients even pay for the airfare and lodging if they really want you to work on a certain project.

Source: https://bootstrappingecommerce.com/startup-business-ideas/?fbclid=IwAR1dQwVIg_Ad3QZdfHr8mCjjlOo5j9mlGKrEDrAou58YHC8nkdVPo0Z_88k

 

80 Startup Business Ideas That Can Make You Money

(chapter 3)

Service Based Startup Business Ideas


STARTUP BUSINESS IDEAS #21: COMMISSION SALES

If your skillset involves having great sales and marketing skills and you enjoy building professional relationships to grow your network, this may just be the field for you. Many companies are looking for someone like you who has their own sales consultancy with a great technical know-how. The more you sell, the more you make and you never have to worry about things like inventory because it’s not even your product! The better you get at this, the higher your commission goes.

STARTUP BUSINESS IDEAS #22: MUSIC TEACHER

Are you passionate about music? Do you have a love for teaching? Do you enjoy attending theatre and plays often? If so, you could be a music teacher or consultant. You don’t necessarily have to travel for such a job as your classes and sessions can be attended over Skype. Private music sessions can help you make anything between $20–$200 per lesson, depending on the type of sessions and the level that you would be teaching at. This is great for any music lover; to be able to make money doing something they are truly passionate about.

 

STARTUP BUSINESS IDEAS #23: INVESTING OTHER PEOPLES’ FUNDS

While this may seem a little absurd, you could actually make money off someone else’s money. Help them invest and provide consultations on how to better manage their funds, be it for the short term or the long term, and you could be taking a commission off their profits from your investment advice. As their capital grows, so does yours. The best part is that in this business, once the word spreads about how great your advice is, you won’t have to go looking for clients, they will be lining up for you.

STARTUP BUSINESS IDEAS #24: ACCOUNTING AND BOOKKEEPING

Several firms outsource a lot of their daily operations as it is cheaper for them to do so—especially if the tasks at hand are not in alignment with the core strength of the company itself. One of the most outsourced tasks is bookkeeping and accounting. If you have a background in finance, you may want to think about starting your own company that deals with such outsourced work.

STARTUP BUSINESS IDEAS #25: BUSINESS CONSULTING

If your friends and family are constantly turning to you for help when it comes to business advice because they know it’s solid, then it might be time to look into starting a business consultancy. The one thing about being involved in business consultancy is that you will need credentials no matter how good you are. Think about it: Would you take business advice from a random person working out of their home or garage? I don’t think so. Your credentials will add value to your knowledge and even if you don’t have them now, you can always work towards getting them! Companies are always looking for people with a great sense of business, no matter which field it is—public relations, marketing, strategies, human resources, etc.—so if you already have the required certifications then maybe you should jump onto this bandwagon.

STARTUP BUSINESS IDEAS #26: TRAVEL CONSULTANT

For some people, a life without travel is unimaginable. If you are one of those people and you spend hours planning trips in detail “just for fun” because you can’t afford it at the moment—why not work towards actually being able to afford it while doing exactly what you have been doing? If you know how to get the best deals and would love to share your passion for traveling, then why not become a travel consultant? You could build personalized travel experiences and itineraries for those who will pay you for such a service. Create groups on social media, start a website and offer planning packages and, of course, run a travel blog side by side. While it may seem a lot, if you truly are passionate about globetrotting then this will seem more like play than work!

STARTUP BUSINESS IDEAS #27: FITNESS COACH

Fitness coaching is a great business to enter! Of course, this requires in-depth knowledge about nutrition and exercise but more and more people have started to become more conscious about healthy living. If you have a keen business sense and you combine that with your knowledge of health and well being, you could have clients lining up for your guidance. Start off with personal training and then perhaps go onto building your fitness empire.

STARTUP BUSINESS IDEAS #28: YOGA & MEDITATION INSTRUCTOR

If you thought that yoga and meditation were only limited to hipster/hippie individuals, you couldn’t be further from the truth. Several corporations have yoga days and meditation sessions a couple of times a week to help their employees cope with stress and lead healthier, more balanced lives. This isn’t just a fad and it’s not going anywhere, anytime soon. If you have a keen interest in yoga, you could start your own website that caters to anyone who wants to learn—you could even sell yoga products (mats, clothes, etc) as a bundle with your classes.

STARTUP BUSINESS IDEAS #29: MANAGING SOCIAL MEDIA PAGES

Almost every online business, and now even the ones that aren’t native to the online world, has an Instagram, Snapchat, Facebook and Twitter account. If you know your way around these platforms well and often have strong opinions and can word them well, you would do great in the social media management sphere. Several companies, influencers and even NGOs are always looking for someone to handle their “online image” and that’s where you step in. If you already spend a majority of your time on social media, then why not monetize it?

STARTUP BUSINESS IDEAS #30: MARKETING & SEO CONSULTANT FOR SMALL BUSINESSES

Are you familiar with the basics of SEO and willing to learn more about it? If so, businesses can use your particular skillset to target the right consumers and scale their customer base. Even though paid ads are the ones that nearly everyone is targeting, if you truly want to scale and reach your audience organically, SEO is the way to go. As more and more content is being produced, even the biggest companies are racing and fighting to appear on the SERPs (Google’s Search Engine Result Pages). Start with smaller businesses that focus on a niche audience, hone your skills and learn from the experiences—get in on the action and you are bound to have a pretty successful online business if your SEO skills are on point.

Source: https://bootstrappingecommerce.com/startup-business-ideas/?fbclid=IwAR1dQwVIg_Ad3QZdfHr8mCjjlOo5j9mlGKrEDrAou58YHC8nkdVPo0Z_88k

8 Things You Need to Know Before Starting a Business

Nothing can fully prepare you for starting your own business—but you can learn from others who’ve been there. We asked eight founders and Advisors in The Oracles what they wish they’d known when they were starting out. Here’s what they said.

1. Realize entrepreneurship is a marathon.

The Nasdaq crashed one year after we started Bluemercury. For a year and a half, there was no way to raise venture capital and we had to figure out how to build our business with revenue and cash flow. Now the company has been through two recessions.

Many entrepreneurs focus on how they can exit their business in a few years. But things are always changing, and life rarely works out like you plan. Instead, focus on building a great company for the long term. Remember, entrepreneurship is a marathon, not a sprint. —Marla Beck, co-founder and CEO of Bluemercury, which was acquired by Macy’s for $210 million; creator of M-61 Skincare and Lune+Aster cosmetics.

2. Ensure there is a demand for your product or service.

Entrepreneurship requires working harder and learning more about yourself than you can imagine. It has lucrative rewards — but no guarantees. When things get intense, you’re running out of cash, and you want to quit, remember that sales may not cure all issues, but you can’t cure the issues without sales.

Companies that thrive focus on being consistently profitable so they can withstand unforeseen events like economic downturns. Before you start a business, do your research, know your numbers, and be certain there’s a market and demand for your product or service. Every sale should be profitable, ideally by 50 percent. Then you’ll have money to hire A-list players so you can focus on the work you want to do. Document everything and build systems as you go, so anyone could do your job tomorrow. But first, learn how to sell! —Matt Mead, founder and CEO of Mead Technology Group, EpekData, and BrandLync.

3. Know you won’t get it right the first time.

Don’t dwell in information-gathering mode. The only way to progress is to actually do it — take action immediately. Then you must be quick on your feet, analyze the results, and make changes if needed. You’re probably not going to get it right the first time — or even the second or third. But if you’re nimble, you can pivot.

Avoid heavy overhead. Look for ways to make cash quickly and get paid upfront. The more cash you have, the more you’re able to take calculated risks — which you need to do. You can’t have an upside without a downside. Invest in yourself and have confidence that you will deliver. When you “fail,” consider it feedback. Each time you test a theory in the real world, you’ll get feedback that shows you how to improve. The only way you’ll actually fail is if you give up. —Joshua Harris, founder of Agency Growth Secrets; teaches entrepreneurs how to start, grow, and scale marketing agencies that help businesses grow.

4. Be patient and make sure you have adequate funding.

Anyone starting a new business should fully understand the timeline and funding needed to survive the startup phase. I wish I had understood how long it would take to get to a revenue level that would allow my business to thrive and grow.

Nearly half of all small businesses that fail didn’t have adequate funding. Plan on it taking longer than expected to generate a profit, and make sure you have a backup funding source. Every startup’s timeline to profitability is different, and failure is always a possibility. But if you have adequate funding, you dramatically reduce the chances of failure. —Guy Sheetrit, CEO of Over The Top SEO, who provides customized SEO marketing solutions for e-commerce, local, and Fortune 500 companies.

5. Forget about what you want to sell.

Many entrepreneurs focus so much on marketing and selling that they neglect to deeply understand exactly what their clients want to achieve or solve. Profitable companies know their customers better than they know themselves. They sell the value, impact, and results their customers want to buy.

Become a student of the game. Don’t wing it or assume you already know the answers. Plan a listening campaign to understand your target audience’s problems and dreams. It’s never too late to pivot, expand, or adjust what you sell to exactly what your clients desire and demand. When you do that, you become that rare company whose products don’t need to be sold — they’re just bought. —David Newman, best-selling author of “Do It! Marketing” and creator of the Speaker Profit Formula; host of the iTunes Top 50 business podcast “The Speaking Show”; connect with David on Facebook.

6. Be prepared to pivot.

Business school can’t teach you the lessons you learn from founding a business. When you are dealing with people, ideas, and markets, hell breaks loose on the battlefield no matter how good the business plan is.

The first lesson is to vet your partners. Make sure they have the right personality, are financially stable, and are available for the long hours required. They must also have skin in the game. Second, don’t overcomplicate your business model or product line. Simple, well-executed, and elegant plans are best. Third, be prepared to pivot quickly based on changing markets and needs. Know your customer well and listen to what they’re saying. —Peter Hernandez, president of the Western Region at Douglas Elliman; founder and president of Teles Properties.

7. Listen to your customers.

Traditional thinking will tell you to start everything with a business plan and the product. But when we started The Boutique Hub, I learned the hard way that identifying the minimum viable product (MVP), implementing, and getting immediate customer feedback were most important. In our first iteration, I started with a plan and a product that made sense to me, but it didn’t fit the market. It nearly killed the business.

I started over and hustled to find what our customers really needed. Then I offered it, even without the right pricing, details, or layout. I did it for little to no cost, just to learn from them. Once we had a product-market fit, we added the details necessary to grow. Always remember, your customer decides if your business is going to work, not your business plan. Test your market first, then go all in. —Ashley Alderson, founder and CEO of The Boutique Hub; cancer survivor, motivational speaker, seven-figure entrepreneur, and host of “Boutique Chat”.

8. Solve a problem.

Always ask yourself what need or problem your product or service will answer. If there is no demand or interest from the market, you should rethink your idea.

I started my first business because I needed a tool to send automated, mass emails to my subscribers. I had some programming skills, so I built it. As it turned out, many others had the same need. More than 20 years later, GetResponse has over 350,000 customers. I built my second company, ClickMeeting, on the same foundation. At GetResponse, we needed to improve communication with our globally dispersed team. We couldn’t find a solution that met our needs, so we built one. Now ClickMeeting is in over 160 countries and serves over 100,000 customers. —Simon Grabowski, founder and CEO of ClickMeeting.

Source: https://www.entrepreneur.com/slideshow/329360