57 Businesses You Can Start With Less Than $5,000 (2024)
Many entrepreneurs are reluctant to start their own businesses because they think it will require a large amount of money.
However, the truth is, today, you can launch various businesses with little, or no funding at all.
But, is it possible to start a business with $5k or less?
Here at Starter Story, we've talked to thousands of founders that have started with under $5,000.
To show you some examples that you can get inspired by, we've put together a list of 57 business ideas that (believe it or not) were able to get started with less than $5000, on average.
Check them out below:
1. Become a virtual assistant
Virtual assistants support businesses, teams, or individuals by performing administrative tasks remotely. As businesses these days tend to outsource their tasks, the demand for virtual assistants is growing rapidly.
Becoming a virtual assistant is flexible, as you can choose a work schedule and location at your convenience. Many virtual assistants have a dedicated home office where they work in a quiet and distraction-free environment.
To become a virtual assistant, identify a niche you like and undertake any training. Then, figure out how much to charge your customers and create an online presence where you can apply for jobs. As a virtual assistant, you can define your work schedule depending on your availability.
How much you can make: $1,000 — $1,000,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
Filipino Virtual Assistance by FVA Business Consultancy, founded by Julmar Grace Locsin, offers online and offline training to empower marketers, enable businesses, and equip freelancers which has trained 25,000 students from their 31 courses, has 16 coaches assigned from different territories, and fifteen in the FVA team for global digital leadership that will impact the world through digitalization, one life at a time.
2. Become a graphic designer
Graphic designing involves creating sketch designs and materials for corporate clients, advertising agencies, public relations firms, and publishers. Besides, graphic designers provide visual solutions to specific company images, log design, and branding problems.
Graphic design is an excellent career for creative thinkers who enjoy using their talent and artistic skills combined with technology and communication abilities to come up with unique solutions for their clients.
How much you can make: $1,000 — $81,000/month
How much does it cost to start: $700 (?)
How long does it take to build: 90 days (?)
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.
3. Start an online language coaching business
The world has become more globalized. Businesses have become cross-border, and executives have to travel to meet new customers. One thing that is obvious is that there is a need for language translation services.
If you have proficiency in one or more foreign languages then you can consider working as a language coach.
Teaching a language online is intensive as you have to meet and communicate with the audience often, and check their progress. If you are looking for an opportunity to earn working online, consider starting online language lessons.
How much you can make: $5,000 — $120,000/month
How much does it cost to start: $280 (?)
How long does it take to build: 33 days (?)
Andalus Institute is an online language learning institution that teaches Arabic to students in an average study period time of 15 months, unexpectedly crossing 6 figures in revenue within the first 6 months of launch and has since averaged $30,000 per month in revenue.
4. Start a finance blog
A finance blog is a feature appearing as part of an online publication relating to finance and consisting of articles or personal commentary. A finance blog earns income through sponsored content or simple marketing programs. To succeed in business, a finance blogger should:
- Have a good writing background
- Understand the industry from a concept or fundamental standpoint
- Be passionate about the topics
- Be well organized and maximize the work schedule.
Starting a finance blog involves a low financial investment, while there is a considerable possibility for success. There are minimal overhead costs, saving you time and money. Therefore, starting a finance blog is an incredible business opportunity.
How much you can make: $1,000 — $3,000,000/month
How much does it cost to start: $200 (?)
How long does it take to build: 30 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.
5. Become a Facebook ads consultant
Facebook ads are a great way to drive traffic to your website. If you run Facebook ads and promote the right products, it will bring you many customers. Knowing how to manage campaigns successfully to obtain the best results is essential.
Facebook ads consultant business is one of the favorite types of new businesses to start. Facebook ads consultant businesses are popping up all over the place. More and more consultants are finding success in this arena.
Starting a Facebook ads consultant business can make you earn an extra passive and predictable income. But the amount of money you can make depends on your niche, ad budget, and other factors.
How much you can make: $3,000 — $8,000,000/month
How much does it cost to start: $1,175 (?)
How long does it take to build: 45 days (?)
MonetizeMore founder and CEO shares his success story of growing his ad optimization business to over $20M in annual revenues by focusing on the offering that delivered the best results, using content marketing for lead generation, and establishing strategic partnerships with complimentary businesses.
6. Become a blogging coach
Are you a successful blogger looking for new ideas or a starter looking for how to make money online? How about becoming a blogging coach?
Start by creating blogging courses in any field, and teach your audience different blogging tips.
Blogging coaches teach different topics, including but not limited to:
- How to build successful business blogs
- Tips for choosing successful blog topics
- How to optimize conversions
- Repurposing and promoting blogs online
With businesses and individuals embracing blogging as a content marketing strategy, there will be a demand for blogging coaching. Therefore, with the right approach, you stand a great opportunity to make huge profits from the business.
How much you can make: $3,000 — $80,000/month
How much does it cost to start: $250 (?)
How long does it take to build: 12 days (?)
Ryan Robinson explains how he built a blog with over 500k monthly visitors and generates $25,000-$55,000 in revenue each month through affiliate partnerships, sponsorships, and his own digital products like courses and books.
7. Start a personal styling business
A personal stylist advises individuals on aesthetic choices such as new fashion trends, clothing styles, colors, and make-up. To become a personal stylist, you must have a detailed style portfolio, a qualification in fashion, make-up, or a related discipline. Prior experience in the fashion industry will be an added advantage.
How much you can make: $150 — $5,934/month
How much does it cost to start: $1,200 (?)
How long does it take to build: 21 days (?)
On Brand founder Brian McEuen curates personalized selections of clothing for men online, sending emails to individual users without duplicate products, with 75 current users and an annualized revenue run rate of $1800.
8. Start an online course sales business
Do you know you can make money selling what you are passionate about? People are making money creating courses and selling them online. Common online courses include music, cooking, coding, web design, dropshipping, etc.
Thus, you can turn it into a passive income by launching online classes if you have a skill. All you need is to choose a target audience, create the online course and choose an online learning platform where you can sell the course.
The e-learning market is expected to be worth over $645 Billion in the next few years.
How much you can make: $100 — $300,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 180 days (?)
A multipreneur shares how she built a successful print on demand side hustle, generating $120,000 per year through multiple brands spread over various platforms.
9. Start a soap business
Soap-making business is a growing industry that can be home-based or a small local business. Soap business is one of the most lucrative home-based businesses that perfect your decision to work in your free time while you earn good cash.
Starting a soap business sounds simple enough. You can buy supplies for probably less than $1,000. Popular skincare products are now being sold online, and this doesn’t seem like a challenging field to break into. Below are some success stories of the soap business that will inspire you.
How much you can make: $1,000 — $380,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 365 days (?)
Outlaw Soaps, a soap company that started with just $13.72 of supplies, now makes an average of $23,000/month, with 46% of website orders from repeat customers who are loyal to the company's unique products and top-notch customer service.
10. Start a framed prints ecommerce
Do you love art and looking for a low-capital business venture? You can start making framed prints and sell them online. Your customers will include interior designers, homeowners, and commercial clients looking to decorate their interior space.
Here is a video illustrating how to start a framed prints business
Framed prints are typically seen in smaller frames featuring various textures and finishes. The popular paper for fine art prints includes cotton-based matted paper and high gloss photo paper. The advantage of starting a framed prints business is that you can make the prints at home and sell them online.
How much you can make: $200 — $500,000/month
How much does it cost to start: $999 (?)
How long does it take to build: 140 days (?)
Framed Tweets, an online store that offers customers the opportunity to frame tweets as art, started by grossing $20k in its first year and increasing to $110k in the second year, and now has monthly gross sales of $20k from Instagram ads, spending about $300 a day.
11. Build an API
API is the acronym for “application programming interface” and is a software intermediary connecting applications.
More and more companies are adopting a digital business strategy to streamline their operations and provide better customer service.
Many benefits come with using an API, and we’ve compiled a list of the best API businesses today.
How much you can make: $3,600 — $90,000/month
How much does it cost to start: $400 (?)
How long does it take to build: 95 days (?)
Geocode.xyz, a geolocation API, has grown from thousands of daily users to over a hundred million in monthly API calls to revenues of over $15k per month, showing over 1,000% growth in the past year while providing a geocoding API for the world.
12. Become a sports blogger
The sports blogger business involves creating a website or platform where you write about various sports topics, share insights, and engage with an audience interested in sports.
To start this business on a budget, you’ll need a computer, an internet connection, and basic writing skills.
Begin by choosing a specific niche within sports (like a particular sport, team, or type of content) to focus on.
Consistently create high-quality, engaging content and promote your blog through social media and online communities to build an audience over time.
Monetize your blog through methods like affiliate marketing, sponsored content, and advertising once you have a steady flow of visitors.
How much you can make: $250 — $18,400/month
How much does it cost to start: $200 (?)
How long does it take to build: 30 days (?)
Craig Calcaterra's daily baseball and culture Substack newsletter Cup of Coffee has amassed just under 10,500 subscribers, with over 3,300 paying monthly ($6) or annual ($65) subscriptions, achieving average monthly revenue of around $18,400 and growing.
13. Start a board game business
Creating your own board game can be fun, challenging, and rewarding. Games are an integral part of our culture and are played by people from all walks of life.
You can create a board game from scratch with basic programming knowledge or several hours of practice. Board games are easy to manufacture, can be made from home, and can become top-rated and profitable businesses.
How much you can make: $1,000 — $250,000/month
How long does it take to build: 61 days (?)
Time commitment per week: Min. 10 hours/week
Facade Games has raised over $1 million on Kickstarter and sold about 80,000 copies of their board games around the world, with the goal to publish one new game a year on Kickstarter and build on their line of games in books as well as a new party game line in the near future.
14. 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 (?)
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.
15. Start a job board
Starting a job board can be a lucrative way to make money online with little to no start-up costs. The global online job board market size was $28.68B in 2019 and is projected to reach $43.39B by 2027.
It's no secret that finding a job can be tough. In today's job market, it can be tempting to give up on job hunting, but here's another option: start your own job board.
How much you can make: $1,500 — $1,500,000/month
How much does it cost to start: $297 (?)
How long does it take to build: 80 days (?)
Loopcv is a job search automation platform experiencing 15% monthly growth, offering solutions for bootcamps, universities, career coaches, developers, recruitment companies, job boards, affiliates, and companies looking to perform internal restructuring.
16. Start a fashion accessories business
If you love fashion and clothing design, you may want to start a fashion accessories business. As a fashion accessories consultant, you help clients develop and adapt personal and professional styles.
Fashion accessories are decorative items that supplement one’s outfit. They include jewelry, gloves, belts, scarves, watches, sunglasses, bow ties, leggings, suspenders, and tights. To work as a professional stylist, collaborate with clients to understand their needs, and tailor styles and aesthetics to each individual’s preferences.
How much you can make: $150 — $190,000/month
How much does it cost to start: $2,800 (?)
How long does it take to build: 230 days (?)
Woodies, a wood sunglasses brand founded by Cory Stout, reached over $3.5M in revenue in 2018, despite starting with only $15K from a failed business and has succeeded through Amazon sales, spending $50K monthly on PPC and keeping ACOS at 30%.
17. Start a niche accessories brand
Niche accessories make excellent small business ideas. The profit margins in these businesses are pretty significant because of the product markup. You could have a small Etsy store or sell them through marketplace sites such as Amazon, Facebook, and eBay.
The niche market for custom accessories is estimated to be nearly $473.46B by 2020 and it contains a variety of product categories ranging from jewelry, handbags, and small leather goods to house decorations and small fashion apparel accessories. Niche accessories are currently enjoying strong growth, projected to continue during this decade.
How much you can make: $200 — $1,500,000/month
How much does it cost to start: $600 (?)
How long does it take to build: 75 days (?)
Two friends started an online book club that now has 570 members and generates £10,500 MRR, by addressing the problem of 'Tsundoku,' charging a monthly subscription fee for one non-fiction book, one inspiring meetup, and one custom cocktail, inspiring conversation and community.
18. Become a virtual magician
Magic is timeless! If you love entertaining people and performing at corporate or social events, you can become a virtual magician.
Virtual magicians spice up events and provide fun diversion in an otherwise busy environment. As a virtual magician, your business is to entertain guests at family and corporate events.
To become a virtual magician, you will need a computer, a stable internet connection, and great creativity, so you always leave your audience amused.
How much you can make: $1,000 — $20,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 1500 days (?)
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.
19. 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 — $500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 56 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.
20. Become an IT consultant
Are you an IT graduate still looking for that dream job? Then becoming an IT consultant might be the right choice for you.
An IT consultant is an external analyst in charge of evaluating a company’s IT systems and helping them meets its business objectives. IT consultants analyze and diagnose a company’s IT infrastructure, understand the client’s needs, and design solutions to help companies’ IT problems.
How much you can make: $2,100 — $4,166,667/month
How much does it cost to start: $500 (?)
How long does it take to build: 45 days (?)
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.
21. Start a seo consultant business
An SEO Consultant provides professional advice to businesses helping them optimize their websites so they rank high in search results. Demand for SEO services and consultants is rising rapidly across industries as companies need search optimization to compete effectively.
If you are an SEO expert, you can start an SEO consulting business and earn decent profits by offering your services.
How much you can make: $1,000 — $1,800,000/month
How much does it cost to start: $500 (?)
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.
22. Become a copywriter
Copywriting is a high-demand, high-reward job. This kind of work can be done from anywhere - all you need is a computer and an internet connection.
With services like Upwork and Fiverr, it's easier than ever to find work, build up your clientele, and make a substantial living copywriting.
Once you've gained experience and connections in this field, you may consider venturing out on your own and starting your own copywriting business.
How much you can make: $500 — $160,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 42 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.
23. Start a link building service
Building links is necessary as it helps businesses improve the site’s visibility. However, link building can be overwhelming, so business owners hire experts.
If you are interested in starting an SEO business, anything along with link building can be a profitable venture. To become a link-building expert, embrace learning new SEO techniques, focus on producing valuable content, and network with other content creators.
How much you can make: $8,000 — $95,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
Italian electrical engineer turned entrepreneur grows manual outreach link building service for profitable software companies and startups from zero to $10k in monthly recurring revenue in less than a year.
24. Start a zapier consulting agency
People are buzzing about Zapier and its potential to be a game-changer in the Salesforce ecosystem. So you should get ahead of the curve and start your own Zapier consulting business.
The growth of the internet and technology has made new firms and industries possible. Zapier is an excellent example of how you can be an agent of change that comes with great income potential. Zapier's estimated annual revenue is currently $122.5M per year. Thousands of companies rely on Zapier today for everything from product development and IT operations to marketing, sales, and support.
How much you can make: $5,000 — $17,500/month
How much does it cost to start: $500 (?)
How long does it take to build: 60 days (?)
Luhhu, an agency that helps businesses automate their processes using Zapier, was built as a result of the founder's accidental stumble into a freelance career as a Zapier expert, and has become profitable with low fixed running costs and around 1-3 inquiries per day coming mostly from organic search and the Zapier Experts Directory.
25. Start a chrome extension building business
Chrome extensions are helpful tools that add functionality and features to your browser. They are small bits of code that run in the background and perform certain actions.
Chrome extensions are easy to create and low-cost and there are many ways to monetize them.
You'll need some programming skills to create the extension itself, but there are lots of tutorials out there that can help you with this part if you're not already familiar with coding languages like HTML, CSS, or JavaScript.
How much you can make: $10 — $450,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 14 days (?)
SkyVerge, a software company, has grown rapidly with revenue of $350,000 per month, over 100,000 eCommerce customers, and a globally distributed team of 30 people, all through starting with consulting projects and building focused and solutions-based products, acquiring small products from other developers, and focusing largely on content marketing and providing excellent customer support.
26. Become a travel photographer
Are you a talented creative with an ever-enduring sense of wanderlust and looking for a business to support your travel expenses? Becoming a travel photographer can be a great business opportunity!
Travel photographers focus on documenting places, animals, and sceneries on their photojournalist websites or library and selling to different clients.
For instance, you could get your photo on a national geographic cover or sell it as print art at local museums or galleries.
How much you can make: $2,300 — $2,100,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 90 days (?)
Wandering Aunt founder Robin Finney shares her journey of starting a sustainable travel business, including her decision to leave her corporate marketing job of 11 years, using a simple website and free tools like Mailchimp to grow her email list and attract customers, and the importance of investing in a coaching program for support.
27. Become an online fitness coach
Online fitness coaching is using live or recorded video to offer fitness classes to an online audience at a fee. To become successful in business, online fitness coaches should possess the following personal qualities:
- Stay focused on clients’ needs and goals
- Be ready to walk the talk
- Ask the clients questions
- Focused on educating the client
- Adjust to a language clients understand
Increase in number of internet usersand more hours spent online, online businesses will keep thriving.
Therefore, fitness coaches looking to expand their businesses or venture into new markets can consider starting an online fitness coach business.
How much you can make: $250 — $82,000/month
How much does it cost to start: $500 (?)
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.
28. 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 — $550,000/month
How much does it cost to start: $2,250 (?)
How long does it take to build: 60 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.
29. Start a youtube channel
For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. In addition, YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.
In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube's popularity to earn extra income.
If you want to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.
How much you can make: $800 — $1,000,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
30. 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 — $500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 56 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.
31. Start a product review blog
A product review blog typically includes a description of the product, as well as a rating and review. This can be anything from reviewing gadgets to books to software.
To start a product review blog, you need to have strong writing skills and be familiar with the available products. You should also have a good understanding of how to market your blog and generate traffic.
The recent trend that is making this business more popular is the growth of social media. With more people using social media, businesses are looking for ways to connect with their customers. Product review blogs provide businesses with a way to connect with their customers and generate positive reviews.
Starting a product review blog is a great way to share your opinion on different products. This type of blog can be very profitable, as you can generate revenue through advertising and affiliate marketing.
How much you can make: $1,200 — $110,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 60 days (?)
Sex blogger turns a free WordPress blog into a $2,000 a month part-time digital business by investing in education, self-hosting, and building relationships within the NSFW community.
32. Start a life coaching business
Life coach helps people in various areas of their lives using a combination of emotional intelligence, professional knowledge, and experience.
Life coaching is a popular industry worth over $2.85 billion, and the number of life coaches has increased by 33% between 2015-2019.
This is a very profitable business and can be started at virtually no cost. You’ll need a computer, a high-speed Internet connection, and a LinkedIn account to start. Then, you can begin coaching part-time in your spare time until you build up your clientele.
How much you can make: $100 — $120,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
GrowthMentor, a platform connecting vetted growth mentors for one-on-one calls, founded by Fotis Panagiotakopoulos, has had over 2,500 mentorship calls booked to date and has seen success in using word of mouth, content marketing, and leveraging other people's networks as the primary drivers of customer acquisition.
33. 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: $400 — $415,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 75 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.
34. 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.
35. Develop a mac app
Are you a passionate and skilled mobile app developer? You can start an Apple app development business as a part-time or a full-time job and earn from your passion.
According to a report published in CIO magazine, Mobile app developers are among the top 10 most in-demand technology jobs. In addition, the US Bureau of Labor Statistics, app developer jobs will grow by 22% over the next decade.
Therefore, starting a mobile app coding business can be a rewarding business. iOS app developers mostly use Swift and Objective-C programming languages.
How much you can make: $21 — $200,000/month
How much does it cost to start: $200 (?)
How long does it take to build: 180 days (?)
Astropad, a software and hardware solutions company for creative people, was founded by Matt Ronge and his co-founder in 2013, boasting revenue of $3.4 million in 2019, with products used by Pixar, DC Comics and Nintendo.
36. Start a food tour company
The food tour business involves guiding travelers through a tour of food from various restaurants and cities. Food tours are a unique avenue for foodie travelers who want to explore the cities they are visiting. The good thing about starting a food tour business is you have different niches to choose from. Besides, you can concentrate on a particular location and define your work schedule.
Food tour businesses make money by introducing discerning customers to unique restaurants, vineyards, and breweries for a fee. Alternatively, the food tour company can earn commission from the restaurants they refer customers to, based on a pre-arrangement.
How much you can make: $10,000 — $75,000/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 81 days (?)
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.
37. 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: $100 — $650,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 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.
38. 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: $50,000 — $600,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 6 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.
39. Become a fashion designer
Fashion designers are creative people who come up with new designs for clothes, footwear, accessories, and other items that people wear. They figure out what materials to use, what colors will look best together, and how to make sure that each piece looks good on a variety of body types.
As a fashion designer, you have the opportunity to create something new and exciting.
Tips on how to become successful:
- Understand the fashion industry
- Develop and master the needed skills
- Start with a vision for your brand and know your brand inside-out
- Create a plan for how that vision will be executed
- Don't skimp on marketing or promotions
How much you can make: $100 — $500,000/month
How much does it cost to start: $2,850 (?)
How long does it take to build: 82 days (?)
A primary school teacher found his passion for jewelry-making, turning it into a successful business generating $2500-3000 per month through sales at the Creative Queenstown Arts and Crafts Market, online, and through stockists, with plans to expand and eventually make it his full-time profession.
40. Start a digital art & design business
Digital art and design is often used to create visual content for websites, apps, and other digital platforms.
Digital art and design businesses can be either freelance or full-time.
They can work in-house for larger companies or as independent contractors for other businesses or individuals.
How much you can make: $876 — $169,000/month
How much does it cost to start: $1,750 (?)
How long does it take to build: 60 days (?)
UX Studio, a user experience design agency based in Budapest, Hungary, founded by Dávid Pásztor, has grown to generate almost $2 million USD in revenue per year with a profit rate of 20.5%, while supporting dozens of clients across various industries and running two successful independent product teams.
41. Start a career coaching business
A career coaching business involves providing personalized guidance, support, and strategy services to help clients navigate professional transitions and growth opportunities.
As a career coach, you design custom sessions to assist with resume building, interview prep, and workplace advancement goals tailored to each client’s aspirations.
With flexibility for in-person or virtual meetings, building a client base lets you empower breakthroughs through specialized advice and accountability.
Launching a coaching practice can be a great opportunity for those with speaking talents and human resources expertise to monetize their natural motivational abilities while setting their own schedule.
How much you can make: $1,000 — $235,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.
42. Start a subscription box business
Subscription box businesses offer customers a niche set of products on a monthly basis.
They're in high demand as they add value to customer service, offer exclusive products and can be highly profitable.
To start a subscription box business, understand your niche market, provide quality products, perfect your box design, build a good relationship with fulfillment companies, and market your service.
How much you can make: $400 — $400,000/month
How much does it cost to start: $210 (?)
How long does it take to build: 180 days (?)
Vowed Box Co. is a line of curated, quirky gift boxes with non-traditional brides in mind, offering four different products that have helped the business become profitable most months since its launch in 2018, with a monthly income of roughly $600.
43. Start a niche blog
Starting a niche blog can be a great way to engage with a passionate online community by sharing your expertise on a specific topic.
The first step is to identify a profitable and underserved niche, such as fashion, video games, film reviews, cooking, and more.
Find your niche and create unique and informative content, such as articles, commentary, news, how-to guides, top product lists, convention coverage, video interviews, and spotlights.
To monetize your blog, gain visibility and followers, provide affiliate links, grow a YouTube channel, collaborate with relevant brands, and speak at events.
To succeed in niche blogging, you need to have a passion for your topic, create engaging content, and regularly engage with your followers.
How much you can make: $100 — $650,000/month
How much does it cost to start: $650 (?)
How long does it take to build: 60 days (?)
Starter Story grew to 1.4 million monthly visitors and millions in annual revenue by sharing the stories of entrepreneurs. Pat breaks down the early days and how he grew the business into something that changed his life.
44. Start a skills training business
It is a great idea to start a skill training business with a website-oriented online presence, aimed towards helping people learn new skills. Starting your own skills training business doesn’t require a lot of money, but it can have a significant impact on your life and others.
The global skills training market is expected to reach $47.2B by 2027. If you’re looking for financial freedom, starting your own skills training business is the way to go. Training clients and building an impressive portfolio will allow you to charge higher rates and start living the life of your dreams.
How much you can make: $1,500 — $350,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 90 days (?)
Online learning community Frontend Mentor has over 200,000 members, with over 1,500 paid subscribers generating over $15,000 MRR, offering professionally designed challenges to improve front-end coding skills with a freemium business model and a focus on real-life experience.
45. Start a content writing company
Content writing involves writing, editing, and publishing content in a digital format. Examples of content include a blog post, product description, and podcast script—eBooks, press releases, or landing page content.
Becoming a content writer allows you to work as your boss. Therefore, you choose whatever working schedule suits you and take a manageable workload. Moreover, content writing helps you develop essential skills you may not obtain from regular writing.
Content writing is a highly-on-demand service, as companies compete for the online audience who often begin their shopping journey by searching for relevant and educative content online. Therefore, a content writing company is an excellent source of passive income.
To start a content writing company, research the market and choose a suitable niche. Sketch a proper business plan and create a website. Hire a pool of talented writers and leverage modern technology to streamline operations.
How much you can make: $1,000 — $550,000/month
How much does it cost to start: $600 (?)
How long does it take to build: 30 days (?)
Scribly.io, a subscription-based copywriting service providing high quality content that helps businesses scale at roughly 50% of the cost of hiring in-house, created by Dani, a first-time entrepreneur who started with just a few hundred dollars worth of projects and with the help of three other writers; as of last month, Scribly.io topped $14K monthly revenue.
46. 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:
- 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 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.
47. Start a food blog
Do you love educating people on the importance of keeping healthy food? Starting a food blog can be rewarding and fun.
A healthy food blog can focus on educating website visitors the importance of keeping it healthy food. Besides, you can share recipes for healthy eating and budget-friendly options with the reader. To start, you may hire someone to configure your website and content creator to share insightful information with the audience.
To increase blog interactions, share informative insights with your readers.
How much you can make: $500 — $200,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 90 days (?)
How one food blogger turned his passion into a business that brings in $15k-$20k per month through display advertising, affiliate marketing, and exclusive content, and doubled in revenue every year since going full time in 2018.
48. Start a video production company
A video production company (VPC) also known as a video production agency or film production company, creates videos for clients to use in their marketing strategies. These videos can be commercials, online ads, product showcases, corporate videos, and employee training videos.
How much you can make: $10,000 — $1,500,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 72 days (?)
Lemonlight CEO, Hope Horner, co-founded an on-demand video production company that has produced over 7,000 videos for more than 3,000 brands, generating over $6 million in sales and growing to a 45-person team, all without taking any outside capital and being recognized in Inc 5000 and Entrepreneur 360 for three years in a row.
49. Create an online course
An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.
As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.
With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.
For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.
How much you can make: $275 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 88 days (?)
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.
50. Start an amazon service agency
Amazon service agency works for sellers who lack experience and resources, helping them create, optimize, and execute product listings and storefronts to achieve their business goals and objectives.
Amazon agency can provide complete amazon management or selected services, where the agency will assist amazon sellers on a few things like amazon advertising campaigns. Therefore, the amazon service agency is similar to a digital marketing company.
Starting an amazon service agency is a massive and lucrative business opportunity. To be successful, you must put in hard work, research, dedication, and an adequate budget. By working hard and researching, you can maximize your potential to start and build a successful business.
How much you can make: $20,000 — $138,000/month
How much does it cost to start: $3,000 (?)
How long does it take to build: 90 days (?)
A service agency that helps brands grow their business on Amazon saw a 300% YoY growth, averaging $25k a month in revenue and profits of approx. 30-40%, after restructuring pricing and realizing that their service was more valuable than they gave it credit.
51. Start a sticker business
The sticker business involves creating and selling adhesive designs that people can stick onto various surfaces like laptops, water bottles, or notebooks.
To start this business on a budget, first, gather basic supplies like a computer, printer, adhesive paper, and design software.
Next, brainstorm and create unique sticker designs that appeal to a target audience.
Then, set up an online platform like a website or social media page to showcase and sell your stickers. Finally, promote your business through social media, local events, and word of mouth to attract customers and grow your venture.
How much you can make: $4,000 — $200,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 30 days (?)
A multipreneur shares how she built a successful print on demand side hustle, generating $120,000 per year through multiple brands spread over various platforms.
52. Start a bakery
Everyone loves baked goods, be it sweet items like cakes, muffins, and cookies or savory baked food like pizzas, buns, bread, and puff pastry. Baking takes a lot of effort and patience, which is why many people buy baked items from stores or restaurants instead of baking them at home.
Starting a bakery can be a rewarding business opportunity if you have a passion for baking. If you plan to start a bakery, consider that happy customers often become repeat customers. Therefore, always focus on quality and work on customer satisfaction.
To start a bakery , pick an ideal format. Some options include:
- Counter-style bakery
- A hybrid bakery with a cafe,
- Food truck with a bakery
- Home bakery.
Write a suitable business plan and choose the correct location.
How much you can make: $2,500 — $25,000/month
How much does it cost to start: $1,250 (?)
How long does it take to build: 75 days (?)
French chef and founder of online bakery Pastreez, Anthony Rosemond, shares keys to success including validating ideas with the market, focusing on SEO and organic growth, building customer relationships through email and SMS, never offering discounts but offering freebies, and diversifying the business with new products and content on social media.
53. 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: $2,000 (?)
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.
54. Start an apartment cleaning business
With today’s lifestyle, cleaning service is in huge demand and continually expanding. Investing in a cleaning business is tapping into an enormous market with plenty of clients.
If you plan to start an apartment cleaning business, remember cleaning is a straightforward occupation, and you need to ensure proper customer service and meet the demands of your customers.
How much you can make: $100,000 — $600,000/month
How much does it cost to start: $649 (?)
How long does it take to build: 60 days (?)
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.
55. Start a mom blog
Parenting may be an overwhelming journey. Mothers result to the internet to read stories from other moms.
Reading mom’s blogs makes parenting feel less alone a long way. Whether you are a stay-at-home mom or passionate about parenting, you can consider starting a mommy blog.
You can make money through affiliate links or by selling your merchandise on the blog. To increase traffic to your blog, include resourceful and encouraging content.
How much you can make: $3,000 — $10,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 150 days (?)
Mom blogger creates two related businesses, one generating 8-10k Canadian dollars per month in traffic revenue, and another offering courses to new bloggers about how to monetize their sites, all at an initial investment of $2,000, and largely based on her Pinterest presence.
56. Start a PPC consulting agency
Paid advertising offers a 200% ROI. Considering the enormous potential PPC brings to a business, startups incorporate the same in their marketing strategy. However, many business owners do not understand how to implement PPC campaigns.
Do you understand digital marketing and how paid advertising works? Starting a PPC consulting business can be rewarding. If you do not know how Google ads work, you can outsource a PPC consultant to enhance your paid advertising campaigns.
How much you can make: $3,000 — $390,000/month
How much does it cost to start: $4,250 (?)
How long does it take to build: 90 days (?)
Big Flare is a location-independent PPC advertising agency that spends over $3M per year on Google Ads for their small to mid-sized e-commerce clients, with a team of five spread across five different countries and timezones, and plans to grow to a $10M+ company within 10 years.
57. Start a professional organizing business
Are you interested in a side hustle business idea you can launch today? How about becoming a professional organizing consultant? You can teach others how to keep their spaces neatly organized if you have special organization skills.
Typically, a professional organizing business helps clients develop critical organizing skills through training. To start your business, you can create videos and share them on Instagram or other social media platforms.
To earn income from the organizing business, you can partner with promoters or introduce paid advertising opportunities.
How much you can make: $8,000 — $12,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 40 days (?)
Time commitment per week: Min. 100 hours/week
Professional organizer turned system strategist boosts monthly sales to $8,000 by helping others in the industry implement business systems and through successful niche marketing on Instagram for Dubsado CRM setups.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
