The 29 Best Business Ideas To Start In Azerbaijan [2024]

Updated: June 21st, 2022

Interested in starting a business in Azerbaijan in 2024?

We put together 29 of the best businesses you can start in Azerbaijan today.

In this list of ideas, you can find:

  • Home-based businesses to start in Azerbaijan
  • Profitable online business ideas
  • Unique business opportunities for Azerbaijan
  • Low investment business ideas (under $5k to start)
  • Easy businesses you can start in Azerbaijan today

For each business idea, we’ll show you real-world examples, revenue expectations for each idea, + a step-by-step on how to start your small business in Azerbaijan.

Here's the full list:

1. Start a notification tool

Need a straightforward way to keep your audience informed? Consider developing a notification tool. In simple terms, a notification tool is software that alerts users about important updates, reminders, or events through various channels such as emails, text messages, or push notifications.

By crafting a versatile notification tool, you can cater to businesses and individuals who need to streamline their communication processes. Whether it's reminding a customer about an appointment or informing users of app updates, the applications are broad and impactful.

To make this idea a reality, you'll need solid programming skills and a good understanding of different notification channels. Developing customizable templates and integration capabilities with popular platforms could set your tool apart. If you're motivated to enhance communication efficiency and provide real value, this could be a rewarding venture.

How much you can make: $1 — $90,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 95 days (?)

On Developing A Notification Tool For Muslim Voluntary Deeds

Sunnah Helper is a multilingual mobile application that serves the Muslim community, offering notifications for voluntary and obligatory prayers and more, with AdMob monetization earning an estimated $4-5 per month and plans for iOS widget implementation.

Read by 6,230 founders

2. Start a coffee cafe business

A coffee shop is a popular spot for customers to enjoy freshly brewed coffee, tea, and light snacks in a comfortable and welcoming environment.

These cafes are typically furnished with comfortable seating, free Wi-Fi, and a pleasant ambiance that provides a relaxed environment for people to gather, work or unwind.

To succeed in this business, it is essential to offer high-quality coffee, create a pleasant atmosphere, and provide excellent customer service.

With the increasing demand for specialty coffee experiences, starting a coffee cafe can be a lucrative business opportunity that caters to the widespread love for coffee and the need for communal spaces to enjoy it.

How much you can make: $13,000/month

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

How We Started A $13K/Month Coffee Shop And Coworking Space

Chicago based Ignite Technology and Innovation-owned Momentum Coffee & Coworking, which focuses on coffee, coworking, community, and event space, rakes in about $17-20k a month in revenue, mostly from online and offline advertising, and just celebrated their first anniversary, with plans to open 2 more locations in Chicago in under-resourced communities.

Read by 6,088 founders

3. Start a food truck

Food trucks are a highly profitable business that offers customers a variety of meal options out of a mobile truck. This basically operates inside a large vehicle equipped with kitchen and food products. Starting a food truck is a dream for many people, but it's more challenging than it looks. To make it work, you need the ideal location and menu.

To start a food truck business in a particular city, it is mandatory to check what kind of food trucks are already operating, identify a gap, and bring in some new experiences. Then, with the right plan and the right approach, you can be on your way to starting your own food truck empire.

How much you can make: $30,000 — $1,500,000/month

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

Time commitment per week: Min. 5 hours/week

How I Took Food Trucks Corporate And Built A $18M Business

Food Fleet grew over 160% in just one year and managed over 20 million in sales for its clients, securing multiple contracts with the likes of Sodexo, Levy Restaurants and more, due to its understanding of catering client needs and its advanced turnkey and design services.

Read by 15,654 founders

4. Start a boutique

You may consider opening a boutique if you are passionate about the fashion and textile industry.

A boutique is a shop that sells clothes. Opening a boutique is a dream for entrepreneurs who want to experience the joy and freedom of owning a cash business. Starting a boutique is easy and can be managed by a single individual. In addition, a boutique requires a comparatively smaller capital to start.

To succeed, the boutique owner must coming creativity and passion.

How much you can make: $10,000 — $25,000/month

How much does it cost to start: $100 (?)

How I Grew My Clothing Boutique to $10K/Month in 6 Months

Boutique Rye is an online-only women's clothing and accessories boutique that has grown to 3,200 Facebook Group members and a successful website through organic customer sharing, live sales, and open communication with customers.

Read by 36,945 founders

5. Start a cosmetic store

The cosmetic industry is growing rapidly. Starting a cosmetic shop can be highly profitable, but only if you stock trendy, skin-friendly products.

If you are passionate about the beauty industry, consider starting a cosmetics brick-and-mortar shop.

Cosmetic shops sell products ranging from anti-aging, aromatherapy, lotions, beauty spa, cosmetic store, and even make-up.

To start a cosmetic store, research the market and source products from well-known brands in the beauty industry.

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

How much does it cost to start: $800 (?)

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

How I Started A $8.5K/Month Cosmetics Brand

A former felon's passion for makeup and skincare led her to launch FBI Cosmetics, which has grossed over $62,000 in sales since July 2020, through social media marketing, brand partnerships, and online sales at Walmart.com.

Read by 8,716 founders

6. Create a web development course

A web development course is an educational program designed to teach individuals the skills and knowledge needed to create and maintain websites and web applications.

These courses typically cover programming languages, such as HTML, CSS, and JavaScript, as well as frameworks, databases, and other tools relevant to web development. Courses may be offered by educational institutions, online platforms, or coding bootcamps, catering to beginners or those looking to enhance their existing skills in the field of web development.

How much you can make: $500 — $236,000/month

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

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

The $6K/Month Website That Teaches How To Launch Businesses And Build Apps With No-Code Tools

No Code MBA founder, Seth Kramer, has built a training platform for entrepreneurs who want to learn how to launch their very own businesses and build apps using no-code tools, recording over 150 real-world video lessons which have resulted in over 400 paid members in just 6-months and a focus on growing the No Code MBA community.

Read by 8,635 founders

7. Start an exterior home cleaning service

Exterior home cleaning washes away dirt, dust, and grime accumulation from exterior walls, windows, and sometimes, even the roof.

The global cleaning services market is growing rapidly owing to the rising awareness about the importance of hygiene and increased concerns about occupants’ wellbeing.

With the acceptance of home cleaning services on the rise, starting an exterior cleaning service can be a good business opportunity.

How much you can make: $30,000/month

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

How I Started A $20K/Month Exterior Home Cleaning Service Company

Aiming to be environmentally responsible and customer-focused, Nicholas Ciano's exterior home cleaning company averaged around $20,000/month after incorporating all the aspects he liked with a previous employer, so he set out to do it better with a small advertising budget and a truck, offeringspecials and discounts for first-time customers as well as offering a 100% satisfaction guarantee with all services.

Read by 8,826 founders

8. Start a construction company

Running a construction company can be very rewarding and require hard work, attention to detail, and a hustle mentality.

Construction companies are responsible for building/designing a variety of apartments, buildings, properties, housing, infrastructure, facilities & developments, motorways, roads, paths, pavement, and more.

How much you can make: $40,001 — $10,000,000/month

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

How I Gamed The YouTube Algorithm and Went Viral With 25M Views

Mountain Fire Woodworks founder Cameron Vilcsak shares how he used YouTube to promote his log cabins, chainsaw carvings, and passion for woodworking, culminating in one of his videos that has gone viral with over 25 million views and counting.

Read by 9,152 founders

9. Start a cleaning business

Starting a cleaning business is an excellent opportunity to be your boss and make money doing what you love. This business is relatively easy to create and does not require much equipment or funds.

There are many cleaning services, so deciding what services (or combination of services) you will offer and what hours of the day or week those services will be available is essential.

To start cleaning service in Azerbaijan, you’ll want to consider investing in professional cleaning equipment such as a vacuum cleaner, a quality mop, and a good cleaning bucket. You will also need to buy environment-friendly cleaning products such as detergent, bleach, paper towels, and trash bags.

How much you can make: $2,000 — $708,333/month

How much does it cost to start: $5,000 (?)

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

How I Started A $100K+/Month Home Cleaning Service For Busy Individuals And Airbnb Hosts

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.

Read by 21,827 founders

10. Start a real estate business

Are you a qualified architect with a broad range of knowledge in the real estate field? Starting a real estate business can be a profitable venture.

Real estate involves purchasing, selling, managing, or investing in land and buildings.

To become a successful real estate business owner, you must have finely honed visual awareness and a strong understanding of various building materials and structures.

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

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

How I Started A $500K/Month Real Estate Investment Business

This case study is about T. C. Lewis & Co, a real estate investment and management firm that successfully diversified their approach to include sales, development, remodeling, and construction, with property management being the key to investor doors and organic growth.

Read by 12,046 founders

11. Start a consulting business

Consulting businesses are booming, more so than ever before, and seeing year-over-year growth. With an accumulated value of about $250B, the global consulting industry is one of the biggest markets within the professional services sector.

If you want to start your own consulting business with valuable insights from industry experts, reading about their entrepreneurial journey will help you decide how you should go about it.

How much you can make: $100 — $1,666,667/month

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

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

How I Started A $45K/Month Cybersecurity Consulting Firm For Startups

Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.

Read by 35,814 founders

12. Start a tour company

Starting a tour company is a great way to bring your love of travel to life. You can share your passion with others and help make their dream vacations come true!

There are many types of tour businesses, so choosing something you are passionate about and knowledgeable about is best. Here are a few of the most popular tour companies to start in Azerbaijan:

  • Food & Drink Tours
  • Adventure & Sporting Tours
  • Sightseeing & Historical Tours
  • Shopping Tours
  • and many more!

It’s also essential to determine what mode of transportation you want for your tour company, as this will determine the initial startup costs needed for your company.

To get started, find out if you need a license to operate in your state. Some states require tour companies to be licensed, while others do not. If you are required to be licensed, talk with the licensing agency to find out what steps must be taken before you can apply for that license.

How much you can make: $3,750 — $500,000/month

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

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

How I Started A Wildly Successful Food Tour Business

How Jessica Baumgart founded a successful food tour business in Denver, which broke even and started making a profit after just three months, generating $20,000/month in revenue from offering different food tour experiences.

Read by 21,177 founders

13. Start an IT company

Ever wondered what it's like to shape the digital world? Starting an IT company offers that very opportunity. In simple terms, an IT company provides technology services and solutions to businesses and individuals, ranging from software development to network management and cybersecurity.

The demand for IT services is undeniable and continues to grow as businesses increasingly rely on technology to operate efficiently. This business idea allows you to leverage your tech skills while addressing real needs in the marketplace.

Think long-term; building an IT company is hard work that involves staying current with fast-evolving technologies and maintaining strong client relationships. If you're ready to dive into a field that combines problem-solving and innovation, starting an IT company may be your next big move.

How much you can make: $500 — $4,166,667/month

How much does it cost to start: $5,000 (?)

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

How I Started A $6K/Month SEO And Digital Marketing Agency In Bangladesh

This case study features Md. Yousuf Ali, the founder of Rank Trends, who shares how he started a successful digital marketing agency, which generated a revenue of over $6k per month through SEO and video production services.

Read by 12,516 founders

14. Start a smoothie business

Smoothie is a blend of whole fruits containing bananas, yogurt, honey, ice cream, and other ingredients.

Smoothie businesses attract health-conscious consumers, and their mass appeal has grown tremendously.

In the US alone, smoothie bars are a 3-billion-dollar industry. Therefore, starting your smoothie business can be a great idea from an entrepreneur’s standpoint. To start your smoothie bar, consider an ideal location, and ensure a proper shop format. The alternative smoothie shop formats include:

  • Dine in Plenty of seating space: customers order and pay at the counter.
  • Window only: Serves takeaway smoothies with customers ordering and paying at the counter
  • Food truck: Mobile smoothie shop allowing you to connect with a more extensive customer

The rising popularity of healthy juices and the low startup cost makes the smoothie industry an appealing frozen food business idea.

How much you can make: $30,000/month

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

How One Woman Went From WIC To CEO Of Her Own Smoothie Empire

Simple Green Smoothies boasts a free 7-day smoothie challenge that has helped over 2 million people take control of their health and generates revenue with programs ranging from a 21-day cleanse to a plant-based meal planner, bringing in as much as $30k a month and also working to help women farmers in Cambodia build mushroom farms through World Hope International.

Read by 11,434 founders

15. Start a hotels business

If you are considering starting a hotel, then it is time to implement your plan. There are five key elements to understand if you want to succeed in this industry: location, size, budget, experience, and market demand.

Here are some tips to consider before forming a hotel:

  • Name your business
  • Decide on a marketing strategy
  • Start by renting out a room in your home.
  • Hire a business capital broker
  • Try Airbnb
  • Make a marketing plan
  • Offer complementary services

How much you can make: $15,000 — $500,000/month

How long does it take to build: 325 days (?)

Starting A 5 Star Boutique Resort And Event Center Based On A Fiction Book Lore

Boyd Hollow Resorts is launching a 5-star boutique resort and event center based on a fiction book that will be the first of many Villages to be built around the world, with over 200 event inquiries received before launching.

Read by 7,701 founders

16. Start a restaurant

If you love cooking and are passionate about entrepreneurship, starting a restaurant can be a fun and lucrative business.

To get started, choose a great location, and hire an excellent support team. You will need a chef to inspect the food and line cooks, waiters, and waitresses to serve the customers. No matter the restaurant type, you need great culinary and business skills to make your dream come true.

If you plan to open a restaurant in Azerbaijan, gain insight from consumer preferences and focus on serving modern consumers what they need.

How much you can make: $124,998 — $2,000,000/month

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

Starting A $1.5M Healthy Meals Delivery Business

One Life Meals is a Toronto-based healthy meal delivery service that made 14,500 meals per month and generated $130k in monthly sales in 2018 through their one-on-one consultation, lean protein and seasonal veggies-based meals, and their focus on the client experience.

Read by 22,343 founders

17. Start a telecommunications business

The telecommunication business involves the development, ownership, or operation of one or more telephone, telecommunications or information systems. Typically, telecom companies provide infrastructure to enable clients to transmit voice, video, and data.

To start a telecommunication business, you need telecommunication skills.

How much you can make: $150,000 — $840,000/month

How long does it take to build: 412 days (?)

How I Started A $840K/Month Virtual Phone Numbers Business

United World Telecoms' founder saw explosive growth potential in the international callback industry and has since created a virtual phone system, partnered with over 2000 businesses worldwide, and uses Google Ads, SEO, and email marketing to promote customer satisfaction.

Read by 10,919 founders

18. Start a car rental business

Starting a car rental business can be a profitable venture for those interested in the auto industry.

Retail and corporate are the main segments within the car rental industry. Retail car rentals focus on individuals who rent cars for shorter periods, while corporate car rental targets companies that want to transport clients or employees.

If you are starting a car rental business in Azerbaijan, target airports, hotels, railway stations, commercial offices, and other high-traffic areas.

Market your business, hire employees who will manage the operations and keep records, and purchase business insurance for both cars and employees.

How much you can make: $870 — $10,000/month

How long does it take to build: 135 days (?)

How We Started A Camper Van Rental Business and Quit Our Full Time Jobs

ROAMERICA, a campervan rental company founded by Taylor Hood and Gretchen Bayless who quit their full-time jobs to focus on their business and have expanded their fleet quickly to meet the demand of adventure-seeking customers, with most of their web traffic coming from organic Google searches and a focus on social media and brand awareness.

Read by 37,457 founders

19. Start a financial service business

Navigating the world of finances can be overwhelming, which is why starting a financial service business can be a rewarding endeavor. This idea centers around offering expert financial advice and services—such as investing, retirement planning, tax preparation, and budgeting—to individuals or businesses in need.

To begin, you’ll need a strong foundation in finance, preferably backed by relevant certifications or degrees. Building trust with clients is paramount, so a solid reputation or portfolio will go a long way. Additionally, staying updated on financial laws and regulations is essential to provide sound advice.

Running a financial service business means you’ll have the opportunity to make a tangible difference in people's financial health. By offering personalized solutions and fostering financial literacy, you can help clients achieve their goals and secure their futures. If you're committed to financial excellence and enjoy problem-solving, this business idea could be a great fit.

How much you can make: $11,500 — $2,000,000/month

How much does it cost to start: $8,000 (?)

How long does it take to build: 95 days (?)

How I Started A Crowdfunding-As-A-Service Platform That Helped 200K Projects Raise Over $200M

ConnectionPoint's founder and CEO, Daryl Hatton, shares his experience of launching an enterprise-class crowdfunding-as-a-service platform that has helped almost 200,000 projects in 40+ countries raise over $200 million, and offers valuable insights on taking a focused approach to growth and pivoting the business to solve customer problems.

Read by 6,423 founders

20. Start an used electronics business

You can sell pre-used electronics online or set up a brick-and-mortar establishment. You can choose to specialize in a niche or sell everything from used computers, televisions, stereos, and gaming systems.

What is essential is researching the pre-owned electronics business. Set specific goals and limits for your business and work towards the goals. Find the niche that works best for you and explore it until you find success.

21. Start a mechanical keyboard business

Beginning a mechanical keyboard business can be a straightforward process. These keyboards, which have a mechanical switch for each key, are built to extend durability and improve typing comfort compared to typical keyboards.

Mechanical keyboards have become exceptionally popular, spanning from budget-friendly, no-frills options to high-end, customized keyboards. After your research on the market, you will have to find reliable suppliers for mechanical keyboard components, including switches, keycaps, and PCBs (printed circuit boards). You may also need a manufacturer for assembly.

With a focus on quality and customer satisfaction, you can build a successful business in this niche.

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

How much does it cost to start: $875 (?)

How I Started A $5K/Month Side Hustle Selling Mechanical Keyboard Accessories

TechKeys, an online retail store dedicated to mechanical keyboard parts and accessories, grew from a hobby to a niche business earning $5,000 a month in revenue by leveraging the buying power of the group buy to manufacture additional inventory and offering them to buyers at a standard retail markup.

Read by 40,189 founders

22. Start a bitcoin paid to click site

Paid-to-Click websites (or PTC) are sites where you can earn money, rewards or digital currency by completing offers or viewing advertisements. PTC websites have been around for a while, and nowadays, consumers are looking for real PTC sites that they can trust.

Recently, Bitcoin Paid-To-Click Businesses have become very popular among Internet Marketers because Bitcoin is a great source of passive income. Since the introduction of Bitcoin, there have been numerous sites that allow people to earn Bitcoin as an affiliate for viewing ads and performing surveys.

How much does it cost to start: $5,000 (?)

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

23. 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 in Azerbaijan, 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 — $400,000/month

How long does it take to build: 730 days (?)

On Starting A $16K/Month Handmade Natural Ice Cream Business

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.

Read by 16,159 founders

24. Start a real estate appraisal service

Starting a real estate appraisal service is a great way to get involved in the industry without having to buy or sell property. As a real estate appraiser, you'll be responsible for estimating the value of properties. This can involve anything from single-family homes to commercial buildings.

To be successful, you'll need to have a strong understanding of the real estate market and the factors that affect property values. You'll also need to be licensed in your state. But, if you're up for the challenge, starting a real estate appraisal business can be a great way to make money in the industry.

Licensed appraisers can make between $40,000 and 100K. They can work for an appraisal management company (AMC), lending institution or government agency. Salary starts at about 40k with top end reaching up to 120 K depending on experience.

Starting a real estate appraisal business offers a niche opportunity that can be very profitable. Appraisers can often work from home, making it a great option for those who want the flexibility of being their own boss.

With the increase in transactions, there is a need for appraisers to accurately value properties. If you have the skills and experience, starting your own appraisal business can be a great way to make money in the real estate industry.

It 's important to note that, while there is a demand for appraisers, the industry is highly regulated. You'll need to be licensed and have the proper credentials to operate your business.

25. Become a real estate photographer

A real estate Photographer is responsible for taking photos of properties. These photos are used by buyers, sellers, and real estate agents to market and sell properties.

As a real estate photographer, you'll need to have an eye for detail and be able to take quality photos. You'll also need to be familiar with the latest editing software so that you can make your photos look their best.

The average salary for a real estate photographer is $53,633. Salaries can vary based on experience and location to as much at 60K with the high end earners making over 150k per year!

This real estate business trend is a great way to make money if you're creative and have a good eye for composition. With the different abilities, there is a need for quality photos of properties. If you have the skills and experience, starting your own photography business can be a great way to make money in the real estate industry.

You can use your photography skills to generate income through advertising and affiliate marketing. Or, you could use them to build a client base and eventually start your own real estate photography business.

How much you can make: $7,000 — $220,000/month

How long does it take to build: 68 days (?)

How I Went From Jobless To Making £100K/Year In 12 Months

London-based entrepreneur goes from jobless to making £100,000 a year by starting two successful businesses: photography/videography company L.F Media and flooring selling/fitting company L.F Flooring, despite losing everything due to the pandemic.

Read by 4,474 founders

26. Open source library

Open-source libraries become a widely used method of software development, stories from some of the top names in the field can help you with your development or help build your confidence in adopting this methodology for your own projects.

Open-source libraries have a lot to offer the world of programming. The potential for improvement and simplification of a wide range of computer applications is huge. However, with so many options available, how are developers and architects to see which ones are right for them? Following open-source library success stories that could help you determine your best options.

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

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

Time commitment per week: Min. 3 hours/week

I Built A $300K/Year Vue.js Component Library

Vuetify is a popular open-source user interface library, built with the Vue.js framework, that generates revenue through digital content and services such as paid digital content in the Vuetify store, direct support through consulting, ad revenue from Carbon ads on the documentation pages, and donations/sponsorships via GitHub and Patreon, generating an average income of $6,500 per month.

Read by 46,494 founders

27. Start a shoe brand

Starting a shoe business can be very lucrative - you can make money by selling shoes, but you can also make money by buying shoes and then reselling them at a higher price.

It's an industry that's been around for hundreds of years, so it's well-established and has plenty of room for growth—especially if you can get in at the ground level. It's also easy to start with minimal investment: even if you only have enough money for two months' worth of inventory, you can still get started right away.

How much you can make: $1,000 — $4,000,000/month

How long does it take to build: 455 days (?)

How I Started A $80K/Month Luxury Shoes And Accessories Brand

16-year-old entrepreneur founds KASA, an online luxury shoe and accessory boutique with over 270 luxury shoes in the collection, generating $80k in monthly profits and exploring expansion into lower-end shoes and custom shoes for the poor.

Read by 21,313 founders

28. Start a productized service

Productized services are created when a larger service is broken down into smaller services that can be sold separately.

This makes it easier to sell the same service to multiple clients and creates an easily-marketable product. For example, a marketing agency that usually charges by the hour, instead, charges a flat monthly fee.

This business strategy works well in B2B markets, as you can sell the same value proposition to multiple clients, and give them a great return on investment.

The reason why you should start a productized service business is simple: making recurring revenue from your expertise can be very useful if you want to build a business based on passive income.

How much you can make: $200 — $1,750,000/month

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

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

How We Bootstrapped A Music Licensing Business to $2.5M/Year

EasySongLicensing.com grew from a mobile recording business to a bootstrapped music licensing agent, with a user base of over 60,000 clients and a gross profit of $2.5M in 2018, seeing a 30% increase in 2019, through investment in online marketing, customer service, and forming new partnerships.

Read by 17,362 founders

29. Start a crypto loan service

Crypto loans are a great alternative to traditional loans. They are quick, transparent and have low-interest rates. However, they can be difficult to apply for, because they require the borrower to provide more information than traditional loans.

A crypto loan service creates a personalized experience for clients who borrow crypto loans. You can make their process smooth, transparent and efficient by providing them with a complete loan application, matching them with the right lender, and executing their loan quickly.

You can launch your own crypto loan service on this platform

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.