The 39 Best Profitable 420 Business Ideas You Can Start (2024)

Updated: July 24th, 2023

If you support marijuana legalization or have a passion for the green, there are dozens of ways to turn your passion into a business.

From CBD, to fashion, to food, we put together 39 potential business ideas you can build around the cannabis industry!

Check out the list.

1. Start a hemp products business

As the hemp industry continues to grow, so does the demand for hemp products. The time is right to start a hemp products business.

Hemp is a versatile and sustainable crop, and with the rising popularity of hemp products, it's a great opportunity to start your very own hemp products business.

You can choose from a wide range of products including clothing, cosmetics, food products such as oil and flour, and even building materials for homes and other structures like fences or barns.

How much you can make: $3,000 — $800,000/month

How long does it take to build: 90 days (?)

How Two College Roommates Started An Online CBD Business

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.

Read by 17,982 founders

2. 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: $100 — $3,699,632/month

How much does it cost to start: $2,500 (?)

How long does it take to build: 60 days (?)

How We Started A $100K/Month Company That Provides Transcription Services

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.

Read by 13,465 founders

3. Start a skin care product line

The skincare business is a multi-billion dollar one, and it shows no sign of slowing down. New anti-aging products are entering the market at a nearly exponential rate, and the competition for consumers' money is growing more and more.

The industry was valued at 130 billion USD in 2021 and will expand at an annual growth rate of 4.6% up to 2030. This is surely a type of business that you should not miss. You'll need to build your creativity on your products and make sure that it is all safe and useful in improving the skin of your customers.

How much you can make: $300 — $1,000,000/month

How long does it take to build: 180 days (?)

How Two Moms Started A Business Selling Homemade Body Butter

Two moms start a side hustle selling all-natural body products, doubling sales since their launch in 2017 with over 75 craft shows, promoting a non-profit source for their shea butter and self-promotion through podcasts, lining up retail interest from exposure.

Read by 34,852 founders

4. Start a cooking class

Online cooking classes can be a great side hustle for seasoned chefs or cooking enthusiasts looking for a way to earn some extra cash. You can create content and teach your audience how to prepare meals.

Consider creating members-only content to earn more from your cooking class side hustle. Alternatively, you can sell recipes for a small fee as well. To grow your reach, consider offering some free content on your social media pages as a way to build curiosity among potential audiences. You can charge your audiences a subscription fee so they can have exclusive access to your content.

To start cooking classes , choose a niche and follow your passion. Create a website and maintain an active social media presence. Apart from online cooking classes or live sessions you can also offer exclusive offline weekend classes to give your audience a hands-on personal experience.

How much you can make: $100,000/month

Time commitment per week: Min. 5 hours/week

How I Started A Cooking Classes Business With 7 Locations

Hipcooks is a 7-location cooking school business that has grown organically to reach $100k/month in revenue, and attracts and retains customers through their communal approach, vibrant online presence, and updated Google and Yelp business pages.

Read by 10,017 founders

5. Start an event management company

Do you have a basic understanding of events, possess great communication skills, and aren’t afraid to talk to C-suite executives, event attendees, donors, brand sponsors, and vendors?

Event management is a profession that is growing rapidly. Experts estimate that the event management and planning industry will experience a growth rate of 10% in a few years.

You can use your skills and passion by starting an event management company. Event management is not only an exciting career, but it is also a profitable business opportunity, with endless opportunities, you can focus on social and entertainment events, and corporate events, or become a general event management company.

How much you can make: $1,000 — $500,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 160 days (?)

How I Started a $150K/Month Ticketing Platform That Sells More Than 5 Million Tickets A Year Worldwide

A successful ticketing platform that grew from a side project into a business that issues over 5 million tickets annually, using a combination of cold calling, word of mouth, and partnerships to attract and retain customers while navigating the challenges of COVID-19.

Read by 11,065 founders

6. Start a branding agency

A branding agency helps create, develop, maintain and improve brands. The role of branding agencies is to create, plan, measure, and manage branding strategies for clients to support them in advertising and other promotions.

Business branding has always been a vital part of a business. With branding, businesses reach more customers daily and stay relevant to their existing customers. As companies compete to get more customers and remain relevant, there is a high demand for branding solutions.

Starting a branding agency can be a profitable and satisfying business venture. To start a branding agency, you must be able to weave together disparate pieces of data and information into compelling narratives so you can help a business convey its story or express its unique values and culture.

How much you can make: $1,300 — $350,000/month

How much does it cost to start: $1,250 (?)

How long does it take to build: 30 days (?)

How I Started A $5,000/Month Luxury Branding Agency

How one founder started a luxury boutique branding house and quit her corporate job, becoming a successful entrepreneur with a team of contractors, interns, and VAs, expanding services to personal styling, social media management, and content creation, while building an online course and planning to become a community for female entrepreneurs.

Read by 14,797 founders

7. Start an amazon business

Looking for a lucrative way to leverage the power of ecommerce? Consider starting an Amazon business. An Amazon business allows you to sell products directly on the world’s largest online marketplace.

You'll need to source or create products to sell, manage inventory, and handle customer service. It's not just a plug-and-play operation—meticulous product research and competitive pricing strategies are essential to stand out.

Amazon offers programs like FBA (Fulfillment by Amazon), which handles storage, shipping, and even customer returns, allowing you to scale with less hassle. The upfront work involves choosing products that meet market demand, optimizing listings with compelling content, and preparing for logistics.

Intrigued by the potential? An Amazon business offers a substantial opportunity to generate income with access to a global customer base. If properly managed, it’s a business model that could transform your financial future.

How much you can make: $10,000 — $120,000/month

How long does it take to build: 60 days (?)

How I Started And Grew A $50K/mo Phone Case Business

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.

Read by 29,365 founders

8. Start a marketing agency

Marketing agencies can be a great option for businesses looking to advertise in different ways. For businesses, hiring a marketing company can help them achieve success as they don't have to spend money on employees or needed equipment. Marketing agencies are not inexpensive and there are many different variables that come into play when deciding which one is the best fit for your business.

You want to start a marketing agency, but don't know where to begin. You're not alone, there are thousands of entrepreneurs across the globe that have the same ambition. Luckily for you, compiled a list of how other agencies were able to grow their agency and scale effectively.

How much you can make: $1,300 — $8,500,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 45 days (?)

How I Started A Successful Podcast Production Company

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.

Read by 19,195 founders

9. 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: $6,000 — $500,000/month

How much does it cost to start: $750 (?)

How long does it take to build: 60 days (?)

How I Started A $69K/Month Software Agency After A Failed Product Launch

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.

Read by 25,946 founders

10. Start a cannabis club

The cannabis club business idea involves creating a membership-based establishment where individuals can consume and purchase recreational or medical marijuana. Before starting this venture, this type of business is only legal in certain states and countries, so it is essential to research and understand your area’s laws and regulations.

To run a cannabis club, you must obtain a license from the appropriate governing body and follow all rules and regulations regarding the cultivation, distribution, and consumption of marijuana. You will also need to secure a physical location for the club, a standalone building, or a section within an existing establishment.

In terms of what the cannabis club offers, it could include a variety of marijuana products, such as flowers, concentrates, edibles, and topicals, as well as a comfortable and welcoming atmosphere for members to consume their purchases. The club could also offer educational workshops and events related to the use and benefits of marijuana.

The benefits of running a cannabis club include tapping into a growing market and potentially generating high profits. There is also the potential to contribute to the normalization and destigmatization of marijuana use by providing a safe and controlled environment for its consumption.

The cannabis club business idea offers entrepreneurs the chance to be at the forefront of a changing industry and create a unique and rewarding business venture. However, it is essential to thoroughly research and understand the legal and logistical requirements before diving into this venture.

How long does it take to build: 30 days (?)

11. Start a Backyard Plant Nursery

Do you have a gardening hobby and want to turn your passion into a profitable business with a minimum entry barrier?

Starting a backyard plant nursery is relatively easy, and the financial benefits can be rewarding. The secret to maximizing your profitability is specializing in plants that are in high demand, like vegetables and flowers.

To start, you can visit the nearby retail nurseries for seedlings and see what they stock and retail. To keep the startup cost low, consider using locally available materials.

How much you can make: $5,000/month

How We Expanded Our Local Plant Nursery To An Online Business

Camelliashop.com, a small US-based plant business specializing in Camellias and Tea Plants, increased its business 200% within one month of launching its ecommerce website in 2007.

Read by 14,615 founders

12. Start a website development business

Website developers create websites for their clients. as a website developer, your responsibility is to ensure a website is visually appealing and easy to navigate. Web developers also focus on improving the website’s performance and capacity.

To become a website developer, learn different web programming languages. Your customers can be eCommerce business owners or brick-and-mortar businesses looking to have an online presence.

How much you can make: $200 — $8,500,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 55 days (?)

How I Started A $20K/Month Web Design Agency

How a founder turned his passion for marketing and technology into a successful Boston-based web design and SEO company, generating over $20k in sales each month by focusing on serving the niche market of small businesses through affordable and personalized services, while establishing his reputation through B2B networking and online initiatives.

Read by 26,631 founders

13. Start a retail business

Thinking about launching your own venture? Start a retail business. This concept is straightforward but loaded with potential.

A retail business involves selling products directly to consumers. You could set up a physical storefront, an online shop, or both. It’s about connecting people with the goods they need or want, from fashion and electronics to home goods and specialty items.

This idea appeals to those who enjoy curating products and creating an inviting shopping experience. It’s not just about selling items, but crafting a brand that resonates with your customers. Success in retail requires good market research, stock management, and customer service.

Retail offers the chance to build something tangible, watch it grow, and directly interact with your audience. For those with an eye for trends and a knack for business, the retail world offers a rewarding challenge.

How much you can make: $2,000 — $3,000,000/month

How much does it cost to start: $7,500 (?)

How long does it take to build: 105 days (?)

How We Started A $45K/Month Women's Workwear From Recycled Materials

This case study features LEZE the Label, a sustainable workwear brand that experienced 30% month-over-month growth and eliminated $180,000 in production debt, sharing insights on their crowdfunding strategy, customer-centric approach, and partnerships.

Read by 8,639 founders

14. Start a social media marketing service

Looking to leverage the immense power of social media for business growth? Consider starting a social media marketing service.

In simple terms, this business involves helping companies enhance their online presence, attract more followers, and drive engagement using platforms like Facebook, Instagram, and LinkedIn. You'll create and manage content, analyze engagement metrics, and fine-tune strategies to boost client success.

A strong understanding of social media trends and marketing best practices is essential. This business allows you to work flexible hours and can scale up as you gain more clients.

Investing in this business idea lets you become an indispensable asset to other businesses. Establishing your expertise can lead to recurring revenue, offering both stability and growth.

How much you can make: $3,000 — $800,000/month

How much does it cost to start: $1,380 (?)

How long does it take to build: 60 days (?)

How I Bootstrapped A Social Media Automation Tool To $2MM/Year

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.

Read by 15,239 founders

15. Start an art business

Starting an art business can be a great idea if you have a passion for art.

You’ll be able to work on your schedule, set your prices, and do something you love—while supporting yourself or even making money!

There are so many different avenues available to you as an artist-entrepreneur right now—from selling your work online (on sites like Etsy), through galleries or museums, or even at craft fairs and flea markets.

How much you can make: $876 — $415,000/month

How much does it cost to start: $1,500 (?)

How long does it take to build: 60 days (?)

How I Turned My Hobby For Painting Into A Successful Art Business

Innerglow Art is a successful custom abstract painting business that incorporates scripture and personable connection with buyers to produce beautiful and unique artwork.

Read by 53,368 founders

16. Start a cannabis tours business

The cannabis tours business is a unique and growing industry that offers tourists and locals the opportunity to explore the world of cannabis in a safe and educational setting. These tours often occur at legal cannabis dispensaries, cultivation facilities, and recreational or medicinal use locations.

To run a successful cannabis tours business, you will need a deep understanding of the cannabis industry and the laws surrounding it in your specific location. It is also essential to have a strong knowledge of local tourism and the needs and interests of your target market. You will need to have a reliable mode of transportation, as well as a team of knowledgeable and professional tour guides.

The benefits of running a cannabis tours business include being a part of the rapidly expanding cannabis industry, offering a unique and exciting experience to tourists, and the opportunity to educate others on the various uses and benefits of cannabis. Additionally, as cannabis becomes increasingly legalized and mainstream, the demand for these tours is expected to continue to grow.

17. Start a hemp clothing brand

The hemp clothing brand business idea involves creating and selling clothing made from hemp, a sustainable and environmentally-friendly fabric. To run this business, you will need to source hemp fabric, design and produce clothing items, and market and sell them to consumers.

One of the benefits of running a hemp clothing brand is that hemp is a highly sustainable and eco-friendly fabric. It requires minimal water and pesticides to grow and has a much lower carbon footprint than other standard fabrics like cotton. Offering clothes made from hemp can appeal to environmentally conscious consumers looking for sustainable fashion options.

In addition to the environmental benefits, hemp clothing is also known for its durability and comfort. It is resistant to mold, mildew, and UV light, making it an excellent option for outdoor activities and travel. It is also soft and breathable, making it comfortable to wear.

To start this business, you will need a strong understanding of the fashion industry, including design and production processes. It would help if you also had a marketing plan to reach potential customers and effectively sell your products. A solid online presence can be helpful, as many consumers are now shopping online for clothing.

Overall, the hemp clothing brand business idea is an excellent opportunity for aspiring entrepreneurs passionate about sustainability and fashion. Offering high-quality, eco-friendly clothing can positively impact the environment while also running a successful business.

18. Start a smoking accessories brand

The smoking accessories industry is a billion-dollar market, and it's growing. While the market is primarily dominated by big brands, there are still opportunities for new brands to make their mark.

To succeed in this industry one should make sure that the brand is professional, but also fun and unique. You want your customers to feel like they can relate with you, and that they can trust you. Your target market is people who smoke and enjoy the lifestyle of smoking.

How much you can make: $10,000 — $70,000/month

How much does it cost to start: $3,000 (?)

How long does it take to build: 90 days (?)

How I Started A $20K/Month Designer Smoking Accesories Brand

This case study showcases how a smoking accessories brand called Tetra created a unique and elevated position in the industry, and has since grown to average nearly $20,000 per month in revenue with no outside investment and just a $12,000 initial founders’ outlay.

Read by 11,161 founders

19. Start a cannabis business

Have you ever thought of starting your own cannabis business?

The cannabis industry has been continuously growing throughout the years. The legal marijuana sales are projected to reach $22 billion by 2022.

No matter your level of experience, the cannabis industry has a lot to offer. There are inspiring stories of entrepreneurs that made it big in this particular industry.

How much you can make: $2,500 — $3,100,000/month

How long does it take to build: 120 days (?)

How Two College Roommates Started An Online CBD Business

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.

Read by 17,982 founders

20. 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 — $658,333/month

How long does it take to build: 180 days (?)

How This Couple Started A $100K/Month Sea Moss Infused Health Supplements Brand

Bey Moss, an e-commerce platform selling sea moss-infused health and wellness products, made over $800,000 to-date with less than $10,000 overall in ads after validating the product idea through reviews and feedback and leveraging their social media following to build a Bey Moss community.

Read by 30,056 founders

21. Start a painting business

If you are looking for a self-employment opportunity that gives you a chance to define your working schedule, consider starting a painting business. Painting is one of the low startup costs craft businesses with a high-profit margin. However, only some have the patience or the skill to do painting tasks.

To start a painting business, craft a business plan and register your business. Then, get insurance cover for your business and apply for licenses. Finally, get the right painting equipment and focus on marketing your business.

How much you can make: $4,000 — $61,583/month

How much does it cost to start: $4,000 (?)

How long does it take to build: 60 days (?)

How I Started A $25K/Month Paintable Coolers Business While Having A Full Time Job

How a recent college graduate started COOLERSbyU, a paintable cooler and accessories business geared towards Greek life and DIY crafting, growing from a few thousand dollars to an average of over $25k per month in just four years through mostly organic growth and a focus on SEO.

Read by 10,095 founders

22. Start an edibles business

The edibles business is a unique and growing industry that involves creating and selling food products infused with cannabis. These products range from baked goods like brownies and cookies to savory dishes like mac and cheese or pizza.

To start an edible business, you must obtain the licenses and permits to sell your products in your state legally. You will also need a commercial kitchen to prepare the food and adhere to food safety regulations.

One of the main benefits of running an edibles business is the increasing demand for these products as more states legalize marijuana use. Additionally, edibles offer a safer and more discreet option for cannabis consumption, making them appealing to a broader audience.

While the edibles business has its challenges, such as strict regulations and the need for precise dosage, it can be a rewarding and lucrative venture for those passionate about cannabis and food. As the cannabis industry continues to grow and evolve, the edibles business offers a unique opportunity for entrepreneurs to enter a thriving market.

23. Start a growing products business

The "growing products business" is an innovative idea that involves the production and sale of products that are made from plants that are grown in a controlled environment. These products can include vegetables, herbs, flowers, and more.

To run this business, you will need to invest in a greenhouse or other controlled growing environment, as well as the necessary equipment and supplies such as seeds, soil, and fertilizers. You will also need to have a basic understanding of horticulture and plant care.

One of the main benefits of running this type of business is the ability to control the growing conditions, which can lead to higher quality and more consistent products. Additionally, the demand for locally grown, organic produce is on the rise, providing a potential market for your products.

This business can be run on a small or large scale, depending on your resources and goals. It can be run as a traditional brick-and-mortar operation, or you can sell your products online or at farmers' markets.

Overall, the "growing products business" is a unique and rewarding opportunity for aspiring entrepreneurs who have a passion for horticulture and a desire to make a positive impact on the environment and their community.

24. Start a 420 lodging business

The "420 lodging" business idea is a unique and innovative concept that caters to the growing demand for legal marijuana-friendly accommodations. With the increasing legalization of marijuana in various states, there is a growing need for hotels, resorts, and other types of lodging that allow the use and possession of marijuana.

To run this business, you will need to research the local laws and regulations regarding marijuana use and possession in your area. You will also need to secure a proper business license and follow all necessary regulations and guidelines. You may also need to invest in marketing and advertising to attract potential customers interested in staying in marijuana-friendly lodging.

The benefits of running a 420 lodging business are numerous. Not only is there a growing demand for this type of accommodation, but it also allows you to tap into a unique and niche market. With the increasing legalization of marijuana, this business idea has the potential to be very profitable. Additionally, you can differentiate your business from traditional lodgings by offering a more relaxed and enjoyable atmosphere for your guests.

Overall, the "420 lodging" business idea is a great opportunity for entrepreneurs looking to tap into a growing market and offer their customers a unique and innovative service. With the right planning and execution, this business idea has the potential to be very successful and profitable.

How much you can make: $18,000/month

How long does it take to build: 90 days (?)

How I Went From Property Manager To Starting An $18K/Month 420-Friendly Airbnb

Vibesbnb, a cannabis-friendly lodging service similar to Airbnb, has handled over 5,000 reservations related to cannabis tourism and generates a monthly booking revenue of $13k to $18k, offering a community that eliminates smoking fines, cancellations, and discourages police activity centered around the possession of cannabis, and recommends a framework of policy to host and guest.

Read by 4,744 founders

25. Start a head shop

A head shop is a retail store that specializes in selling a variety of products related to the use and consumption of cannabis. These products can include pipes, bongs, vaporizers, rolling papers, and other smoking accessories.

To run a successful head shop, you will need various products to appeal to different customers. You will also need to be knowledgeable about the products you are selling and able to educate your customers on the different options available to them. It is also important to understand the laws and regulations surrounding the sale of cannabis-related products in your area.

The benefits of running a head shop include the opportunity to be a part of the growing cannabis industry and the potential for high-profit margins. Additionally, you will have the chance to create a unique and welcoming atmosphere for your customers.

Overall, a head shop is a unique and potentially lucrative business opportunity for those interested in the cannabis industry and its culture. You can create a successful and thriving business by offering a wide range of high-quality products and providing excellent customer service.

26. Start a health consultations business

Healthcare consultants share expertise, advise and guide healthcare organizations to make proper business decisions that promote growth and benefit their customers or patients.

To become a health consultant, you must have a related degree and earned experience. as a health consultant. You will focus on administrative efficiency, legal compliance, work environment, and procedural flow to help healthcare organizations thrive.

How much you can make: $90,000 — $100,000/month

How much does it cost to start: $1,750 (?)

How This Couple Started A $100K/Month Sea Moss Infused Health Supplements Brand

Bey Moss, an e-commerce platform selling sea moss-infused health and wellness products, made over $800,000 to-date with less than $10,000 overall in ads after validating the product idea through reviews and feedback and leveraging their social media following to build a Bey Moss community.

Read by 30,056 founders

27. Start a 420 blog

The "420 blog" business idea is about creating a website or online platform that provides information, news, and resources related to the cannabis industry. This includes strains, cultivation, legal issues, and products.

To run this business, you will need to have a strong understanding of the cannabis industry and be able to research and write engaging content regularly. You will also need a website and social media presence to promote your content and connect with your audience.

One of the main benefits of running a 420 blog is that the cannabis industry is rapidly growing, and there is a high demand for reliable, accurate information. By providing this type of content, you can build a loyal following and potentially monetize your website through advertising or sponsored content. Additionally, you can use your platform to advocate for cannabis legalization and promote responsible use.

How long does it take to build: 60 days (?)

28. Start a weed app

29. Start a cannabis review business

Interested in capitalizing on the booming cannabis industry? Launch a cannabis review business. This involves providing unbiased, comprehensive reviews of various cannabis products, from edibles to oils and strains.

By creating an authoritative platform, you can help consumers navigate the complex and rapidly growing market. Start by sampling products and crafting detailed, honest reviews. Building a reputation for reliability and thoroughness is crucial.

Monetization can come from affiliate marketing, sponsored content, and premium memberships for exclusive content. It’s a venture that requires a keen understanding of cannabis products and excellent communication skills, but the demand for credible reviews is substantial. Dive in, and you could quickly become a trusted voice in an expanding industry.

How much you can make: $10,000 — $800,000/month

How long does it take to build: 120 days (?)

How I Started A $1M/Month Hemp Products Company That Is Publicly Traded In Australia

Founder builds multimillion-dollar hemp products company from scratch, merging Hemp Foods Australia and Elixinol to become Elixinol Global, trading via the ASX with approximately 50-70% gross margins.

Read by 10,345 founders

30. Start a weed podcast

How long does it take to build: 2 days (?)

31. Start a marijuana author

32. Become a florist

Floral designers arrange live, dried, and silk flowers for decorative displays. Florists also help customers select flowers, containers, ribbons, and other accessories. Florist services can be fun and highly profitable. However, a florist must be creative and ready to work hard to see the business flourish.

How much you can make: $9,600/month

How much does it cost to start: $250 (?)

How long does it take to build: 30 days (?)

With Just $300, I Started A Dried Flower Arrangement Business And Now Make $10K/Month

Milla Rose, a boutique online flower arrangement business based in Melbourne, Australia, started as a side project in a bedroom and has grown into a nearly $10k a month business, with monthly revenue doubling since last year, selling almost 3000 arrangements to all corners of Australia.

Read by 4,185 founders

33. Start a 420 friendly airbnb business

Imagine offering a serene hideaway for cannabis enthusiasts. A 420-friendly Airbnb business caters to travelers seeking a relaxed, welcoming environment where they can comfortably enjoy their cannabis experience without judgment.

This business idea is about listing properties on Airbnb that explicitly allow guests to use cannabis. It's a niche market catering to those who prefer or require a cannabis-friendly place to stay, giving your property a unique selling point in a crowded market.

To get started, you need a property in a location where cannabis use is legal, and basic hospitality setup like cleaning services and guest communication. The real work involves creating a comfortable, welcoming atmosphere that promotes relaxation and ensures a hassle-free stay for your guests.

With the growing acceptance and legalization of cannabis, this business offers a unique opportunity to tap into a specific and appreciative audience.

How much you can make: $18,000/month

How long does it take to build: 90 days (?)

How I Went From Property Manager To Starting An $18K/Month 420-Friendly Airbnb

Vibesbnb, a cannabis-friendly lodging service similar to Airbnb, has handled over 5,000 reservations related to cannabis tourism and generates a monthly booking revenue of $13k to $18k, offering a community that eliminates smoking fines, cancellations, and discourages police activity centered around the possession of cannabis, and recommends a framework of policy to host and guest.

Read by 4,744 founders

34. Start a cannabis meetup

Interested in building a community around your passion for cannabis? A cannabis meetup business might be your next venture. This idea revolves around organizing regular gatherings for cannabis enthusiasts to connect, share experiences, and learn more about a rapidly growing industry.

You'll facilitate events that range from simple social meetups to educational workshops featuring industry experts. These gatherings can serve as a hub for networking, advocacy, and even collaborative business ideas.

To get started, you'll need to research local laws and ensure compliance with all regulations, find suitable venues, and market your events to attract attendees. By creating a welcoming and engaging environment, you can foster a thriving community and even explore partnerships with local dispensaries or brands.

This business idea not only taps into a burgeoning market but also promotes education and responsible use, making it both rewarding and impactful.

How much you can make: $1,500/month

How much does it cost to start: $20 (?)

Starting An Engagement Ring Advice Service Side Hustle

Agent Engagement is a free engagement ring advisory service that has helped 60+ gentlemen (and a few couples) create the perfect ring, making the industry less confusing by putting clients in touch with the very best jewelers according to their specific requirements, style, ethics, and budget.

Read by 6,531 founders

35. Become a security consultant

A security consultant is a professional who helps businesses and organizations assess and improve their security measures. The security measures include physical security (such as locks and cameras), cybersecurity (such as firewalls and antivirus software), and emergency preparedness plans.

To start a security consulting business, you will need a strong understanding of security principles and technologies. Understanding security principles require education or training in computer science, criminal justice, or engineering. You should also have good communication and problem-solving skills, as you will work with clients to assess their needs and recommend solutions.

To run a successful security consulting business, you must establish yourself as an expert in the field and build a reputation for delivering high-quality services. Building a reputation may involve networking with other professionals, marketing your services through social media or a website, and building a portfolio of past projects. It can also be helpful to specialize in a particular area of security, such as cybersecurity or physical security, to differentiate yourself from the competition.

In addition to your expertise, you will also need some basic business skills, such as financial management and customer service. You may also need to invest in equipment and software to help you assess and improve your clients’ security measures.

Overall, a security consulting business can be a rewarding and lucrative opportunity for those with a passion for security and a desire to help others protect themselves and their assets.

How much you can make: $8,000 — $14,000/month

How much does it cost to start: $1,750 (?)

How long does it take to build: 107 days (?)

How This Cybersecurity Expert Makes $14K/Month Helping Small Businesses

Las Vegas Information Security focuses on providing practical and affordable cybersecurity solutions to startups and small businesses by concentrating on prevention and education, rather than remediation, to reduce the risk of cybersecurity events for their clients.

Read by 2,977 founders

36. 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 — $150,000/month

How long does it take to build: 180 days (?)

How I Started A $100K/Month Logistics And Delivery Service Company

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.

Read by 12,888 founders

37. Start a packaging design business

Packaging design is an integral aspect of the manufacturing and supply chain industries. Manufacturers and those in the supply chain want to ensure they get the product packaging right, or else poor packaging might affect their business.

Take advantage of the high demand for innovative packaging designers and start your own packaging design business. Your target customers will be brands seeking an innovative and interesting way to stand out and create an amazing customer experience through unique packaging.

How much you can make: $6,000 — $1,000,000/month

How long does it take to build: 7 days (?)

We Turned A Basic HP Printer Into A $12M/Year Custom Labels Company

Frontier Label started as a small digital label printing company with a basic HP printer and has grown to a $12M yearly e-commerce business that prints labels for companies of all sizes in various industries, with a focus on finding and meeting customer needs through SEO, content marketing, and exceptional customer service.

Read by 5,123 founders

38. Start a flower arrangements business

Flower arrangement refers to a decorative display of cut flowers. Floral designers focus on ensuring balance, proportion, scale, unity, harmony, rhythm, balance, and emphasis in every flower arrangement gig.

Whether it is a romantic weekend getaway, a valentine’s dinner, a family get-together, a wedding, or an anniversary, a unique flower arrangement brightens the atmosphere. The flower arrangement tradition has lived with us for a long time, and there are no signs it will fade away, at least in our lifetime.

Are you a florist looking to expand your flower business? Combine your affinity for flowers with your floral design skills to create inspired floral creations. Before starting your flower arrangement career, you will need some training and experience.

How much you can make: $3,000 — $50,000/month

How much does it cost to start: $300 (?)

How long does it take to build: 45 days (?)

How I Started A $65K/Month Luxurious Artificial Flower Arrangements Business

Sharon Demmery started a luxury artificial flower arrangement business from scratch and now achieves sales of around £50k/month, focusing on creating bespoke and unique products with high margins and low competition, while building a loyal customer base through organic social media efforts and referrals.

Read by 19,652 founders

39. Start a cannabis restaurant

meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.