58 Business Ideas For Teens & Young Entrepreneurs
Are you a teen or a young entrepreneur looking for the best business ideas to start in 2024?
Probably you are a parent looking for low-cost business ideas for teens, so you can inspire them into entrepreneurship.
The good news is that many business ideas exist for teens and young adults. This post highlights 58 small business ideas for teens and industrious young adults.
Here they are:
1. Start a transcription business
A transcription service converts live or recorded speech into a written or electronic text document. Transcription service is in demand globally across industries.
Becoming a transcriptionist can be a side hustle or a full-time job, so long as you have the right gear.
Do you plan to become a transcriber ? Take an online transcriptionist course and work on your listening skills. To succeed, you need a good typing speed and excellent language command.
How much you can make: $100,000 — $200,000/month
How long does it take to build: 75 days (?)
How this founder started a $100K/month guaranteed transcription service for medical, legal, law enforcement, financial, academic and general business industries, winning the NASPO ValuePoint transcription services contract over 26 other companies and learning valuable lessons about getting a coach and getting as much PR as possible.
2. Start a freelance writing business
Freelance writing can be a good career choice if you are looking for a flexible online job.
Working as a freelancer gives you the flexibility to define your work schedule. You can work from home at any time. Freelance writers work across various niches, writing about various topics assigned by the client,
To earn good money as a freelance writer, you need the following personal qualities:
- Strong writing skills
- Ability to meet deadlines
- Stay on the cutting edge
- Be a self-starter
- Be up-to-date with the current writing tools & writing trends
- Proper communication skills
How much you can make: $700 — $320,000/month
How much does it cost to start: $300 (?)
How long does it take to build: 30 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
3. Open an ice cream parlour
Ice cream is something that people of all ages equally enjoy globally, making it a profitable business to venture into.
This frozen dessert industry has registered massive growth in recent years, a trend that shows the industry’s potential.
If you are looking to start your ice cream business, follow these steps:
- Decide whether to make your ice cream or to source from established ice cream brands
- Write an effective business plan for the ice cream shop detailing the goals, strategies, and plans
- Fund your business idea
- Choose a spacious shop in an area with plenty of foot traffic
- Offer different ice cream flavors
Opening an ice cream parlor is not easy work. However, if you do it right, it is rewarding and can be a lot of fun.
How much you can make: $16,000/month
The Good Scoop, a California-based artisanal ice cream shop, started with a small Italian countertop ice cream maker and now has a production facility, wholesaling to various venues, offering frequent scooper programs, and using Instagram as their primary advertising platform.
4. Start a party supply store
If you love fun activities and helping other people enjoy their parties, starting a party store in your neighborhood can be a rewarding and profitable business.
Party stores sell balloons, decorations, costumes, novelties, confectionaries, theme party wear, and other party supplies.
If you are starting a party store, you may choose to join it as an affiliate or enter a franchise. A party store is a low-to-entry business venture and can be rewarding in the long run.
How much you can make: $25,000 — $400,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 1 days (?)
The Party People, Australia's largest party store with a multimillion-dollar turnover, shares insights on how they've grown from a small clown hire business to an online and brick-and-mortar party supply retailer by focusing on customer service and innovating in marketing and technology.
5. Become a freelance app developer
A freelance app developer is a programmer who creates mobile apps for Android and iOS devices. Freelance app development business targets creating various apps that give a user-friendly experience.
To become a freelance app developer, first, touch up on your skills. There are several courses available online. Once you obtain the certification, choose your niche and focus on your skill set.
Then the best way to showcase your work is to build a portfolio website where you will display your skills, projects, and testimonials. Another way to promote yourself is to create your brand and blog. This will, in turn, build a network, and you will be able to connect with people and attract more clients.
How much you can make: $10,000 — $91,000/month
How much does it cost to start: $350 (?)
How long does it take to build: 60 days (?)
A software agency started by a non-technical founder helps diverse clients with their minimum lovable product, boasting a revenue of over $700,000 this year with a 20% profit margin and a team of 8.
6. Become a temporary tattoo artist
Starting a tattoo business is not as difficult as you might think. If you have the talent, ability, and guts, you already have the essential qualities for starting your own tattoo company. The Tattoo Artists market size in the US in 2022 is $1.4B.
The tattooing business is profitable and famous, and it is one of the most rewarding careers that you can have. However, becoming a tattoo artist requires a lot of commitment and hard work.
Tattoo shops have strict standards for artists who work in shops, so to have an ideal career as an artist, you might have to go the freelance route. It can be a short-term or long-term career, so you must be prepared before taking on such a responsibility. It won’t come with a million-dollar salary at first, but once you’ve developed a good reputation and have completed enough work, the money will start rolling in.
How much you can make: $1,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 30 days (?)
Forgotten Mermaids creator Anslea shares how she started a passive income business while living out of a van, creating mermaid temporary tattoos and accessories, and has grown to average $1,000 per month in mostly passive income over the last six months.
7. Become a children's book writer
If you are passionate about early childhood education, why not become a children’s book writer? Starting a children’s bookstore is a low-barrier-to-entry business you can start today.
You can write storybooks or subject textbooks for kids, publish and distribute them through the bookshops or your online bookstore, or sell them on Amazon and other online bookstores.
How much you can make: $2,000 — $50,000/month
How much does it cost to start: $1,600 (?)
How long does it take to build: 365 days (?)
OrderOfBooks.com is a website that lists books in both publication and chronological order and generates six-figure revenue after starting off as a resource for the founder and his friends, serving as a valuable resource for book readers.
8. Start a home decor business
Are you a talented interior designer? Do you know you can turn your hobby into a side income opportunity? Home décor as a side hustle is a great opportunity to build a brand as you earn extra income. You first need to work on your portfolio to launch a successful home décor side hustle.
The portfolio communicates to your potential customers your potential when it comes to home décor. You may use your home as an example or request a friend for an opportunity to do their home décor as a sample for your portfolio. Once you have a portfolio, market your business, and remember to include photos from your previous gigs to increase the chances of closing a sale.
How much you can make: $2,000 — $415,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 48 days (?)
Time commitment per week: Min. 5 hours/week
Less is More Organizing Services, founded by Sarah Giller Nelson, is a home organizing service that operates in two states, serving an average of 95 households per year with an 85% repeat customer rate, offering services by the hour with a 4-hour minimum, and using a guided decluttering process to help customers achieve their goals.
9. Start a newsletter
Did you know that in the past five years, there has been more than a 50% increase in the number of people who read newsletters?
Newsletters are one of the few things you can use to market yourself as a trusted expert. A well-written newsletter can educate your subscribers and build connections with them.
Email newsletters are a great way to connect with customers and potential customers. It’s a newsletter’s job to inform, persuade, and sell to your audience.
How much you can make: $100 — $3,000,000/month
How much does it cost to start: $400 (?)
How long does it take to build: 22 days (?)
Financial media company MarketBeat, founded by Matt Paulson, provides objective financial information and real-time market data to empower individual stock investors to make better trading decisions, generating approximately $8 million in revenue in 2019 and ending the year with over 1.3 million unique email subscribers due to a freemium model with 75% of revenue from advertising and 25% from subscriptions.
10. Start a blog
In recent years, blogging has become a highly sought-after & lucrative Business. This location-independent business is a creative outlet to reach a broader audience and even work at any time. According to Optinmonster’s list of blogging statistics and facts:
- Blogs have been rated as the 5th most trustworthy source of gathering online information.
- 77% of internet users read blogs.
- Each month, approximately 409 million people view more than 20 billion pages.
Originally blogging started as an online journal, but today it is a highly profitable career option. Many people are choosing blogging as their full-time career and are earning their bread and butter from this profession.
If you want to start blogging as a side hustle or as a full-time profession, choose a niche you will enjoy writing about and have a content strategy ready. Then, create a mailing list, and decide on a good blog posting routine to keep your audience engaged.
How much you can make: $200 — $160,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 44 days (?)
Time commitment per week: Min. 5 hours/week
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
11. Start a niche web design business
Niche web design business focuses on a specialized market such as law, home improvement, videography, fashion, etc. typically, when a web designer niches down their services, they are simply choosing to concentrate on one industry and create websites for businesses within the particular niche. To become a niche web designer, consider honing the following skills and personal qualities:
- Visual design, HTML, CSS, JavaScript
- Strong communication skills
- Analytical thinking and problem-solving skills
- Teamwork and research skills
- Attention to detail
Narrowing your focus to a particular niche gives you a higher chance of becoming a recognized expert and places you in a better position to charge more for your services.
How much you can make: $200 — $200,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 40 days (?)
The Locksmith Agency, run by Samuel Wilson, a licensed locksmith with over 10 years of digital marketing experience, is making $30k+ per month by providing digital marketing services such as Website Development, SEO, and Google Listing optimization services specifically for the locksmith industry.
12. Become a proofreader
Proofreading business is a service that helps customers review their written work and ensure it is ready for publication. Typically, a proofreader corrects grammatical errors and provides the written piece meets any relevant style guide.
As a proofreader, you can work online, allowing you to choose what time to work.
If you plan to start a professional proofreading business, make sure you possess the following skills:
- Have an excellent grasp of grammar
- Ability to correct mistakenly capitalized words
- Familiarity with the proper use of capitalization
- Use spell-checkers to flag misspelled words
Proofreading is a great way to enhance content quality. With the increased use of written content marketing to reach a broader market, the demand for professional proofreaders has grown tremendously. Professional proofreaders earn an average of $12/hr. And $30/hr.
Therefore, consider proofreading as a business if you are looking for a great side hustle idea or simply looking for ways to increase your income.
How much you can make: $2,000/month
A proofreader was able to build a consistent income of ~$2,000 per month from scratch with zero experience in the field, no expenses, and barely any upfront costs by targeting bloggers and content creators who want their content to be copy edited and proofread.
13. Become a youtube personality
YouTube personalities produce videos on YouTube and post them on their channels. YouTube personalities make money through the following:
- Advertising revenue - Ads revenue from the display, overlay, and video ads
- Channel Memberships – members earn recurring revenue in exchange for special perks they offer
- Merch Shelf – When channel fans browse and purchase official branded merchandise, you showcase it on watch pages.
- Super Chat & Super Stickers – Fans pay to get their messages highlighted in chat streams
- YouTube Premium Revenue – Get part of a premium subscriber’s subscription fee when fans watch your content.
You can start earning money through either or all of the above options, so long as you meet their YouTube-defined criteria and they are available in your location.
If you want to make money on YouTube, you must apply and be approved for the YouTube Partner Program, which gives creators greater access to YouTube resources and features.
How much you can make: $3,055 — $4,500,000/month
This case study explores Thomas Frank's successful business teaching people how to use Notion and selling templates, with sales reaching $2.1 million in two years and template sales currently at $120k/mo, showcasing his journey from blogging and YouTube to e-commerce and SaaS.
14. Start an online fitness business
Thinking of starting an online fitness business?
Online fitness is growing rapidly in popularity because it’s convenient, affordable, and accessible to everyone. The best part is that you can stay in your home to start.
Starting an online fitness business can be a great way to make money and help people. When you start an online fitness business, you don’t have to worry about overhead costs like rent or maintaining a physical location - all you need is a computer and an internet connection to get started.
How much you can make: $2,000 — $108,333,333/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
This case study is about a former personal trainer who launched his online personal training platform, TeamFFLEX, starting with no money and a lot of drive, and grew it into a 6-figure business in less than a year, now doing $48,000 a month with potential for continued growth.
15. Start a candle business
The candle industry is one of the fastest-growing industries in the world.
Candle making was one of the first industries to be industrialized, and now up to 90% of all candles are made by machinery. Yet most of us still make our own candles from home, creating a demand for handcrafted, high-quality candles from candle manufacturers even in today's automated world.
A candle business is a worthwhile idea for an entrepreneur who wants to make some extra money in their free time from the comfort of their own home. There are many opportunities for this type of business if you consider it seriously.
How much you can make: $500 — $1,000,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 75 days (?)
Time commitment per week: Min. 5 hours/week
Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.
16. Start a parking lot business
More people are purchasing cars, and the demand for parking spaces has increased significantly. Finding a safe parking lot is becoming a problem, and this is where the parking lot business opportunity emerges.
A private parking lot business provides customers with a convenient and safe space for automobiles.
Starting a parking lot business requires ample space, a parking attendant, a surveillance system, and payment collection software. To increase your income, you can introduce an EV charging station.
A parking lot business is an excellent low-maintenance business since you do not need to be there physically, as you can fully automate the parking lot as a self-service facility, available 24/7.
How much you can make: $61,583 — $100,000/month
How long does it take to build: 60 days (?)
Learn how the Co-Founder and CEO of NOSON grew their business to $1.2M in revenue in 27 markets using tools like Typeform, Zapier and Google for only $300 a month, and their advice for entrepreneurs just starting out.
17. Start a technology consulting business
Technology is critical to helping drive corporate strategy and ensuring its success. Not all startup owners are from an IT background, so keeping up with current technology trends can be challenging. Such entrepreneurs rely on technology consultants to help them harness technology.
Technology consultants connect businesses with experienced technology innovation advisors to solve critical enterprise challenges. Technology consulting is essential to helping organizations use technology to drive innovation and growth.
You may consider starting your technology consulting business if you have IT skills and some experience in the technology sector.
How much you can make: $10,000 — $43,700,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 90 days (?)
How a Ph.D. in computer engineering created a patented agile framework and turned it into a profitable training and consulting business, after realizing that his accumulated technology knowledge was losing value over time.
18. Start a graphic design business
Graphic designers create logos, brochures, ads, and other marketing materials for companies and organizations. They also design websites and other digital content, including social media graphics.
Graphic designers may specialize in one type of design (such as print or web design), or they can be generalists who do everything from logo design to social media graphics.
Starting a graphic design business can be one of the most rewarding things you’ll ever do. It’s not easy, but if you’re passionate about design and want to make a living, starting your own graphic design business is a great way to go.
Consider a suitable pricing structure when starting a graphic design business. You may charge the customers per hour or fixed pricing based on the project’s nature.
How much you can make: $2,500 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 87 days (?)
Learn how two friends bootstrapped a SaaS business to $55k monthly recurring revenue (MRR) by creating a simple graphic design tool for non-designers and focusing on content marketing for customer acquisition.
19. Start a cleaning service
A housecleaning side business is a beautiful idea for people with free time on weekends or even weekdays. The side hustle idea requires little capital to start. During the launch, you can choose to offer the service to your neighbors and scale as you gain experience. The average salary for a house cleaner is $17.32 per hour.
By starting a house cleaning business, you are tapping into an enormous market with plenty of clientele. There could always be demand for your cleaning service, which keeps you in business as you help homeowners keep their homes spotless.
How much you can make: $3,000 — $600,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 80 days (?)
Time commitment per week: Min. 7 hours/week
MaidThis®, launched by Neel Parekh in Los Angeles with just one cleaner in 2013, has achieved over $10 million in total revenue by focusing on cleaning Airbnbs and vacation rentals, thanks to its successful remote business model and new-age marketing tactics, and has now launched MaidThis Franchise to expand the business further.
20. Start a mobile photography business
Want to start your own photography business? You're not alone. With the rise of social media and photo-sharing, blogging, and online retailing, it's never been easier to start making money behind your camera.
There are photographers shooting weddings, creating images for ad campaigns, freelancing for magazines, touring the world, taking photographs of destinations — the list is endless!
To start mobile photography , research the target audience and determine which specialization area is more lucrative. Invest in high-quality, professional cameras, lenses, and a computer with professional software photo-editing software.
How much you can make: $2,000 — $500,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 200 days (?)
Photobooth Supply Co. offers a profitable business opportunity through their sleek and portable photo booths, with up to 97% satisfaction rate and a focus on customer experience, in a fast-growing event industry where photo booths are exploding.
21. Start a Greeting Cards Business
People use greeting cards to mark births, deaths, graduations, anniversaries, and other parties or events.
If you love helping people celebrate special occasions, starting a greeting card business can be a great business opportunity.
When starting a greeting card business, choose a potential niche and write a business plan.
Then, find an ideal spot to sell the greeting cards.
For instance, you can offer greeting card design and posting services, so customers can choose the best designs and post greeting cards online.
How much you can make: $2,000 — $100,000/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 65 days (?)
Joker Greeting sells unique prank gifts, including a non-stop musical birthday card, an idea raised by the founders visiting their mom's house, having no website or marketing and yet raising $92,073 on Kickstarter in 30 days due to being picked up by media, enabling them to sell 15,000 units in the first year, owned SEO for their niche, selling almost 40,000 units in 2017 and expected to reach 50,000 to 60,000 in 2018 with a small team, using Shopify and various social media channels with lots of organic traffic.
22. Start a handmade goods business
A handmade craft business entails selling own-crafted products on online platforms like Alibaba, Etsy, an independent website, or social media.
To succeed in selling handmade goods, you'll need solid creative skills. Your creativity can help you build a strong brand.
And with online marketplaces, handmade shopping has become a popular trend.
In recent years, consumers worldwide have shown their support of independent businesses and entrepreneurs, especially those venturing into the handmade goods business.
How much you can make: $1,000 — $150,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
PortraitFlip is a successful startup that delivers handmade portraits globally with a clientele base in the USA and yields 3.5crs through their 100% customer satisfaction guarantee, and they started with an initial investment of only Rs.23,000.
23. Start a phone case business
With the number of mobile phone users increasing, there are opportunities for accessory makers such as phone case manufacturers to make a profit. Building a business around making and selling phone cases is relatively easier to produce. You can print labels on-demand, starting with a lower risk, or buy them in bulk and sell them online.
The global mobile phone protective cover market is expected to reach 75.62 billion in the next few years.
Phone protective covers often make a statement and reflect a person’s social and cultural preferences. Phone case manufacturers take advantage of such considerations and keep their products relevant and up-to-date to attract a more extensive customer base.
Remember, as with any industry with a low entry barrier, there will be competition. Therefore, you must study customers’ tastes and preferences and offer customized phone cases.
How much you can make: $120,000 — $125,000/month
How long does it take to build: 90 days (?)
Felony Case, a Toronto-based company designing unique iPhone cases, started as a small shop on Etsy and has grown to become an internationally recognized fashion iPhone case brand sold in top tier retailers like Nordstrom, Holt Renfrew, Indigo, Urban Outfitters, Revolve, Free People, and made over half a million dollars in revenue last year.
24. Start a podcast
The podcast business involves creating and producing audio content that people can listen to online.
It’s a popular form of entertainment and information-sharing.
To start a podcast business on a budget, you'll need a few key steps.
First, choose a niche or topic that you're passionate about and that has an audience.
Next, get basic recording equipment like a microphone and headphones.
Then, find a free or affordable hosting platform to publish your episodes.
Finally, promote your podcast through social media, online communities, and word of mouth to build an audience and potentially attract sponsors or advertisers.
How much you can make: $400 — $1,020,000/month
How much does it cost to start: $3,055 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 2 hours/week
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
25. Start a tutoring business
Starting a tutoring side hustle is a great way for teachers and students to earn extra monthly income.
If you are considering becoming a tutor, find an ideal tutoring niche, and craft a tutoring website.
Then, find your tutoring clients and market your side hustle online. You can choose to offer online tutoring as a part-time or full-time engagement.
How much you can make: $1,000 — $375,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 15 days (?)
Time commitment per week: Min. 5 hours/week
A 22-year-old entrepreneur started an online SAT/ACT tutoring company from his bedroom which has seen a linear increase in student sign-ups each month, currently bringing in an average revenue of $15,000 a month and plans to triple in 2020.
26. Start a child care business
Starting a childcare business is a great way to build a steady income. You will have the opportunity to be your boss and set your hours even from home. You will have the satisfaction of building one-on-one relationships with children and watching them grow over the years.
A childcare business is an excellent idea. It is both a personal and economical investment for its owners. This is especially true if you are considering starting your non-profit organization or becoming licensed to provide child care. Running a childcare business allows you to help children develop while also making money. As with any business endeavor, running a childcare business has its ups and downs, but it can be very rewarding.
How long does it take to build: 60 days (?)
27. Become a social media consultant
Social media has become popular due to its ability to link businesses to their target customers. Social media consultants are professionals who help their clients improve, optimize and grow their social media presence.
Becoming a social media consultant comes with work flexibility and higher earning potential, but it also takes time and work commitment to grow the business.
To become a social media consultant, you must first become adept at using social media platforms and industry tools. Take online or offline courses like content marketing, public relations, and communication skills. Social media experts can choose a general practice or opt to focus on a niche.
How much you can make: $100 — $990,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 30 days (?)
MeetEdgar, a bootstrapped social media automation tool founded in 2014 by Laura Roeder, has grown to $4 million in annual recurring revenue and more than 5,000 customers, with a team size of two dozen, achieved through content marketing, social media marketing, and organic search.
28. Start a meal prep business
A meal preparation business is a service that delivers prepared meals to its clients in the comfort of their own homes. The meal preparation business is a fast-emerging niche that offers a real opportunity to earn good money. To succeed, the starter must be efficient in the meal preparation and ensure proper communication skills. Besides, the entrepreneur must keep time when it comes to delivery to avoid customer disappointment.
A global survey shows that demand for food delivery service is on the rise. This is as people get busier with their careers and other more important tasks, leaving limited time to prepare meals and bond with friends.
Therefore, starting a meal preparation business can be a great way to earn extra monies.
How much you can make: $5,000 — $4,170,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 7 days (?)
Healthy Chew is a profitable weekly meal preparation service that grew from 200 to 10,000 weekly bowls in just over 3 years, with an overall sales figure of $1.8 million, achieved through effective branding and personalised customer service.
29. Start a pet sitting business
A pet sitter is a professional who provides daily care for pets while the pet owners are at work or on vacation. The pet sitter's duties include:
- Cooking special meals for pets as instructed by pet owners.
- Reporting any behavioral issues to pet owners.
- Playing with the pets to encourage their mental and physical stimulation.
One of the advantages of working as a pet sitter is that it's not a stressful career. You also get to work with different animals while enjoying a work-life balance.
How much you can make: $15,000/month
A technician-turned-CEO built an in-home pet care enterprise that generates $8k per month by documenting business operations and empowering employees, inspired by the successes of McDonald's founder Ray Kroc and researcher Brené Brown's work on vulnerability and empathy in the workplace.
30. Start a party entertainer business
Do you want to start a business within the entertainment sector? Becoming a party entertainer can be a great opportunity for you.
Party entertainers thrive mostly at night and on weekends. You can work as an agency and represent entertainers for parties, or if you have the skills, you can become the entertainer.
Party entertainers can work at wedding and bridal parties, birthday parties, children’s parties, corporate parties, or even home-based parties.
How much you can make: $12,000 — $25,000/month
How much does it cost to start: $100 (?)
Dan Chan Presents, LLC is a unique company specializing in sophisticated magic entertainment for savvy corporate audiences, earning $160K performing live, and was able to pivot to virtual events during the COVID-19 pandemic, expanding marketing reach performing internationally, and being featured multiple times in Business Insider and The Hustle.
31. Start a carpet cleaning service
One of the most common household decorative items is a floor carpet. Carpets are extensively used in commercial and residential spaces to provide an aesthetic look. The increased use of carpets has influenced the demand for carpet cleaning services.
If you are starting a carpet cleaning company, you will need quality equipment and an on-point marketing strategy to stand out from the competition. You will be challenged by managing customer quoting, invoicing, allocating labor, and collecting payments. Therefore, invest in the right software for managing business operations and tracking invoicing.
How much you can make: $250,000/month
How much does it cost to start: $23 (?)
Discover how this founder turned a humble £20 investment in a hoover and some flyers into a multimillion-pound company winning multiple awards and servicing commercial buildings and educational institutions across south Wales and Bristol.
32. Start an errand service
Errand services help people and businesses who have daily errands to run but need an extra hand. So, they seek professional help who can do their chores on time with utmost efficiency.
You can provide various services as an errand business, including grocery shopping, picking up + sorting through mail, going to the bank, and much more.
Starting an errand business is relatively easy. Consider offering package deals as a way of getting and retaining customers. Most errand businesses charge per hour, and you may charge per mileage if the task involves driving.
33. Start a delivery service
Delivery service refers to a collection of services that deliver goods and products through the land, air, or waterways across locations. The delivery services serve B2B, B2C, and C2C customers.
The growing e-commerce sect and increased cross-border trade are some factors driving the growth of delivery services. Furthermore, consumer preference for online shopping has greatly contributed to the increased demand for delivery services.
To start a delivery service, make sure you have a cargo van, a fully functional website, and meet all the legalities for operating a business in your state.
How much you can make: $5,000 — $83,333,333/month
How long does it take to build: 180 days (?)
How a logistics company grew its revenue over 300% in 2 years, starting with just 2 vans and 25k+ square feet of warehouse space, and focused on relationships, efficiency, and building trust with its customers.
34. Start a holiday decorating service
Holiday decorators make the interior and exterior of businesses and homes festive. While the holiday decoration business is seasonal, it is also highly profitable and requires minimal startup investments. You do not need any special training to start the holiday decorating business. However, being creative and having experience in decorating is crucial to running a successful business.
How much you can make: $20,000/month
Balloon Haus LLC, founded by Janeen Brown, is a successful balloon boutique generating an average of $20K/monthly, providing custom exquisite and trendy balloon installations and decorations to notable clients such as Instagram, Marriott, and American Express.
35. Become a music blogger
A music blog covers different topics of interest among music lovers. With the music industry so popular in 2024, it is a great time to start a music blog. A music blog offers you a chance to get as creative as possible and is also a precious tool to help you promote and publicize music genres.
Starting a music blog is as easy as selecting a music niche. Identify topics of interest and create shareable content.
How much you can make: $996 — $160,000/month
How much does it cost to start: $50 (?)
How long does it take to build: 48 days (?)
Learn how DJ Tobander created a successful niche info-product business generating $1,000 a month through selling collections of DJ sets for special occasions and working with affiliates, with only modest costs and simple tools like WordPress, AWeber, LeadPages, and Digistore24.
36. Start a recycling business
The waste and recycling business offers several opportunities for entrepreneurs looking to start a company with a modest investment.
If you are passionate about caring for the environment, get into the recycling business. To start, you can ask individuals to drop recycling off at your facility or provide drop-offs in the form of dumpsters.
Before you begin business operations, register the facility with the local government and prepare the equipment. Remember, the success of your recycling business depends on the equipment you use.
37. Start a coffee kiosk
Coffee kiosks sell specialty coffee, including espresso, and lattes, and can include a variety of pastries and other goodies as accompaniments.
There are three basic options for starting a coffee kiosk:
-Purchase a franchise: Jumping in with a built-in business model - Buy an existing coffee kiosk: investing in a coffee kiosk that is up for sale or needs revamping to become profitable - Start from scratch: this requires more effort but offers more flexibility and potential to maximize profits.
Opening a coffee kiosk can be extremely profitable, but if you find a good location, you can set up a relaxing atmosphere. If you plan to open a coffee kiosk, ensure you serve quality coffees and snacks, and provide work-friendly features.
How much you can make: $15,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 180 days (?)
This case study follows the co-founder of Camper Cafe, a mobile coffee van business which started as a hobby and now has 6 units that supply the UK's biggest sporting events, commercial and film shoots, generating around £150k from working only 70 days of the year.
38. Start a sports promotion business
A sports promotion business uses sporting marketing strategies to popularize sporting activities and appeal to the target audience. The sports promotion businesses may focus on marketing:
- Sporting activities
- Sports businesses
- Individual athletes
- Stadium and sports facilities
To start a sports promotion business, choose a niche, define the target audience and create a website. Then, create appealing marketing content and post it on your website. Launch a social media marketing campaign to expand the reach and accelerate results.
How much you can make: $16,000/month
Athlo agncy co-founder Jay Fuller shares the story of how the personal branding startup for college athletes navigating NIL (Name, Image, and Likeness) was able to generate brand awareness through strategic partnerships and grassroots marketing initiatives, securing athlo ambassadors, event participation, and on-campus workshops with two different universities in pre-launch mode.
39. Become a music tutor
Are you passionate about music or looking for a profitable coaching business? How about becoming a music tutor?
To start a music coaching business, decide your target audience and location and set your rates. For example, you can meet new students through a community event, online, or a music club, or target the local community. Set rates for your music classes and advertise your business to get as many clients as possible.
How much you can make: $30,000 — $70,000/month
How much does it cost to start: $5,035 (?)
How long does it take to build: 160 days (?)
Piano In 21 Days built a low pressure and flexible online piano course, bringing in 5 figures every month while allowing the founder to spend time on other interests and family while its profitable business runs itself.
40. Start a natural beauty product business
Natural beauty products include aloe vera, honey, or cocoa butter. They contain no chemical or synthetic elements.
The global natural skin care products market size was valued at $6.7 billion in 2021.
Thinking about launching a beauty product line? What’s holding you back? Check out our case studies below to see how others have done it!
How much you can make: $300 — $325,000/month
How long does it take to build: 227 days (?)
A mother-of-two started a $5k/month skincare business after experimenting with beeswax and honey to create luxurious all-natural products, growing her business to attain over $7,500 in sales per month via multiple sales streams, including $4,000 per month at markets.
41. Become a social media marketer
Social media marketing is gaining website visitors or customers by promoting your company on social media. To succeed in social media marketing, you must regularly post tasty, entertaining, and engaging share material on your social media channels.
Everybody knows that social media is a tool that has become extremely important to businesses of all sizes. It allows them to connect with people worldwide and provides a platform for customer service. Social networks are changing the way we do marketing. They offer an opportunity for individuals, businesses, and organizations to reach millions instantly.
Nowadays, it is easy to earn money through social media marketing. You just need to invest some time and effort to make a profit. Social media has been an essential part of many businesses marketing campaigns, and it is expected to be a significant part of any company’s future.
How much you can make: $100 — $250,000/month
How much does it cost to start: $5,750 (?)
How long does it take to build: 60 days (?)
This case study follows Kelsey Chance and her creative agency, Good Chance Creative, which specializes in social media content creation, and in just 3 years she has grown her one-woman business to make $20,000 in monthly revenue through a niche in small in-house marketing teams and start-ups managing their social content, with key services including lifestyle brand photography, social media account management, copywriting, and eCommerce strategy consulting.
42. Start a gift wrapping service
Gift wrappers use wrapping papers and other supplies to box up and decorate presents on behalf of their customers. Starting a gift-wrapping business does not involve considerable capital and is easy to manage. You can market your business online for free and request current customers to give recommendations.
43. Become a videographer
A videographer uses his video camera to record footage for different events.
Examples of events where videographers are common include weddings, documentaries, training videos, commercials, TV shows, infomercials, live events, corporate promotions, etc. Videographers are not only responsible for operating the camera. They must have the skills required for the production of a video, which includes the following:
- Lighting
- Sound
- Maintenance
- Equipment repair
- Video editing
To become a videographer, pursue a videography education, and attend internships to gain experience. Build a portfolio, so your target audience finds you online and starts hiring your services.
How much you can make: $10,000 — $250,000/month
How long does it take to build: 30 days (?)
Results Imagery co-founders Kyle Nelson and Eli Libby launched their digital agency that focused solely on media creation for brands and product companies, helping clients monetize their conversion-centric media, with their current monthly revenue at $45,000.
44. Start a digital agency
A digital agency’s task is to make a business reach its advertising, marketing, or technology-related goals. Anyone with enough knowledge and passion for digital marketing can start and run a profitable digital marketing agency. With the proper skill set, the right tools, and the right mindset, you can start a successful digital agency.
The global digital agency market reached a value of nearly $305B in 2020. The future growth prospects of the digital agency market are projected to be high due to the rising population of people consuming and creating content through digital channels.
How much you can make: $6,500 — $43,700,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
Power Move Marketing is an innovative digital marketing company founded by Hailey Brooke McFadden, which has achieved an impressive monthly income of $22,075 and is projected to make almost $300,000 in its first year, by offering a one-stop-shop for e-commerce businesses looking for a marketing powerhouse with a female positive culture.
45. Start a landscaping business
A landscaping business is engaged in maintaining lawns and gardens, trimming trees and shrubs, and providing landscape maintenance and beautification services. Landscaping costs vary depending on the size and location.
For small jobs such as taking care of the lawn and trees, the cost can vary from $50 to $100 per hour. The average wage of a landscape designer is $70,000 to $90,000, and a landscape architect makes around $50,000 to $100,000 per year. For basic maintenance and mowing services, a single person who runs a landscaping business can get started with as little as $5,000 or less. However, a proper landscaping business will require a large investment. The average start-up cost is between $15,000 to $20,000.
Once the type of service is decided, the list of tools and equipment can be purchased. The best way to succeed in a landscaping business is to provide quality service. This will not only retain existing clients but also promote and attract new customers.
How much you can make: $375,000/month
How much does it cost to start: $8,000 (?)
How long does it take to build: 60 days (?)
GreenPal has bootstrapped their business to over $30 million a year in revenue, after securing an unsecured line of credit for $85,000, and have built the operating system and platform for small lawncare companies to run their entire business through, becoming live in all 50 US states and having 1.2 million homeowners using the platform.
46. Start a toys kiosk
Toy kiosks sell entertainment products for children. You can start a toy kiosk at a shopping mall or near residential locations, depending on where your target customers frequent.
If you are starting a toy kiosk, remember competition in the toy market is fierce. Thus, it would help if you differentiated yourself from the competition to make your place. One way to stand out from the competition is to open a specialized toy store, targeting a specific market.
Alternatively, you can negotiate better discounts from the suppliers and sell at unbeatable lower prices while delivering quality toys.
47. Start an at-home laundry business
When you think of starting a laundry business, you may think of the laundromat business with dozens of washing machines and dryers arranged in rows.
But do you know you can start an at-home laundry business?
How your business works is simple! The clients will leave their laundry outside their door for a scheduled pick-up and washing. Upon picking up, you can take the clothes to your home and wash then dry them. Then, you fold the clothes and return them to the client.
To start your own at-home laundry business, you will need a washer and dryer, a way to transport laundry from your clients, and a dedicated washing space. You will also need bag tags, a hanging scale, garment covers, and laundry bags or hampers.
For efficiency and convenience, you may invest in a laundry app where customers can request the service.
How much you can make: $83,333 — $100,000/month
How long does it take to build: 20 days (?)
Time commitment per week: Min. 5 hours/week
Pick My Laundry, India's on-demand laundry and dry-cleaning service provider has developed a mobile app and website serving almost 50,000 customers in its first year after signing up 100 third-party laundry services and franchising its model with over 50 franchises across more than 15 Indian cities.
48. Become a cake decorator
Becoming a cake decorator can be an enjoyable and uncomplicated venture to embark on, particularly if you have a passion for baking and creativity. It enables you to explore the thriving bakery and wedding industries while showcasing your artistic abilities.
This business involves designing and hand-decorating specialty cakes for various events and occasions, using your artistic abilities to create beautiful, custom-edible works of art.
To start a successful cake decorating company, learn proper cake decorating techniques, purchase quality ingredients and equipment, build a portfolio to showcase your skills, and implement good marketing tactics to attract potential clients like wedding planners, event companies, bakeries, and direct consumers.
How much you can make: $4,000/month
How much does it cost to start: $300 (?)
How long does it take to build: 90 days (?)
From pastry chef to owner of a successful bakery, learn how Bradford Bakery achieved a 550% increase in SEO in just a few months through community outreach, building a website, and utilizing social media and advertising on platforms like Facebook and Groupon.
49. Start a dropshipping business
Dropshipping is a business model where you sell products to customers without holding inventory.
Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.
To start a dropshipping business on a budget, choose a niche or category of products you want to sell.
Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.
Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.
How much you can make: $6,000 — $3,000,000/month
How much does it cost to start: $6,000 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 10 hours/week
Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.
50. Start a zine publisher business
Zine publishing is an alternative publication by people who want to distribute their ideas without the limitations of traditional magazines. Zine publishers determine the layout, choose images and content, and can take the zine publication in any direction they wish.
Since zine publications are deliberately low-tech, low-cost publications, you can begin the business without particular expertise in a news publication.
How much you can make: $800,000/month
How long does it take to build: 180 days (?)
Flipsnack is an online tool that allows anyone to create digital flipbooks and has increased its business revenue by over 50% year over year, with YoY growth rates between 50% - 84%, shifting from a B2C approach and focusing more on B2B.
51. Start a mobile pet grooming
Do you love attending to pets? Starting a pet grooming business is a fun and profitable business idea.
Pet grooming service includes bathing, nail clipping, and brushing of pet animals. Grooming pets ensure they remain healthy and enjoy an improved physical appearance. To start a pet grooming business, create a business plan and portfolio.
Establish a business website and market your services to the target audience. Then, buy pet grooming tools and supplies and focus on offering your services to the target audience.
52. Start an art lessons business
Are you a professional artist? Teaching arts and crafts online can be a small but profitable business venture.
You can target kids interested in becoming artists or talented teens who want to advance their artistic skills. To start an arts business, train yourself in arts and crafts and plan a curriculum suitable for your target audience.
Advertising your business will help you to reach a larger audience.
53. Start a car wash
As more people purchase vehicles, the demand for carwash services will keep increasing. Starting a car wash can be the ticket for the budding entrepreneur looking for an innovative business idea with low startup costs.
You must choose an ideal location and invest in quality car wash equipment to operate a successful car wash. Proper advertising and marketing are critical to running a successful car wash business.
How much you can make: $3,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 90 days (?)
Joey Sanchez turned his love for car detailing and buying and selling cars into a successful mobile auto detailing business in Phoenix, Arizona, making $3K a month working only 3 days a week, with plans to eventually open a shop location.
54. Start a live stream gaming business
Video game live streaming is where participants broadcast themselves playing games to a live audience online. Therefore, spectators watch the gameplay and interact with the streamer in real time.
In recent years, many people have taken up the trend of broadcasting their video-game gameplay live, attracting thousands of spectators.
Video game streaming is fun to do, and the appeal of attracting an audience is enough to motivate you to start the business. While many starts live video-game streaming for fun, there is still the chance of making profits through advertisement, partnerships, and viewer donations.
To start a video game streaming business, choose a trending game genre. Whatever your approach, consistency is key! Game viewers should be able to see you often, so they come back to you on a regular schedule.
Besides, choosing the proper hardware and streaming services impact your performance and ability to retain viewers.
How much you can make: $4,000 — $15,000/month
This case study highlights how a gamer teacher and YouTuber is earning thousands of dollars each month by teaching through Outschool and guiding players on her YouTube channel.
55. Start a college prep tutoring business
College prep tutoring involves assisting students through the stages of preparing for college. The college prep help falls into private college consulting and standardized test tutoring.
The consultants assist students in creating a resume, choosing extracurricular activities, planning essays, selecting schools, and identifying colleges with specialized programs tailored to students' interests and needs.
56. Start a house sitting business
House sitters take care of customers' homes while they are away for extended periods. You may be able to offer house sitting to people with multiple properties for short-term or long-term, depending on how much time you have.
Starting a house-sitting business does not require a huge amount of capital. You can create a website or a social media page and advertise your services. Your typical duties as a house-sitting agent will include the following:
- Feeding pets, cleaning cages and grooming them
- General housework and cleaning
- Maintaining gardens and hedges
- Taking in the post, newspapers, and junk mail
- Watering houseplants
You can attract new customers by printing a few business flyers and targeting wealthy housing estates or apartments in the city.
57. Start a leaf removal business
A leaf removal company provides lawn care to keep the yard clear of leaves through vacuuming, bagging, and removal of leaves. To start the leaves removal business, you need a high-quality leaf blower and leaf collection bags.
You can attract new customers by asking existing customers for referrals and ensuring positive reviews for your business. Hang flyers in coffee shops, and around estates, and ask friends for business referrals.
58. Start a packing business
A packing business focuses on designing, creating, and labeling packages. The business ultimately protects the products for sale, transportation, distribution, storage, and use.
To start a packaging business, get clear on the services you offer. Design the packages, test, and research if the packaging works for your customers. You may need to refine the packaging to keep the customers satisfied.
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- 4,818 founder case studies
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