20 Business Ideas For Gadget Lovers [2024]
Are you a gadget lover with a knack for spotting the next big thing? If so, 2024 could be the year you turn that passion into a business. From cutting-edge tech to innovative accessories, opportunities abound for gadget enthusiasts.
You could start a business selling the latest smart home devices, capitalizing on the growing demand for connected living. Another avenue might be creating unique, high-quality accessories for the latest smartphones and tablets. There are also endless possibilities in niche markets, such as wearable tech or eco-friendly gadgets.
Consider leveraging platforms like e-commerce websites or social media to showcase your products and reach a wider audience. By tapping into your passion for gadgets, you could carve out a profitable niche and turn your love for tech into a thriving venture. Whether it’s through direct sales, dropshipping, or a subscription box service, the potential for success is substantial.
For each business idea, we'll show you real-world examples of other gadget lover businesses to help you see what it takes.
Here's the full list:
1. Create an AI writing tool ($255K/month)
Embarking on creating an AI writing tool could be an exciting venture for gadget lovers with a penchant for cutting-edge technology. This business idea involves developing a sophisticated digital tool powered by Artificial Intelligence to streamline content creation. Imagine harnessing the power of AI to generate accurate, engaging, and error-free content efficiently, catering to the ever-growing demand for quality writing across various sectors.
For entrepreneurs fascinated by innovation, creating an AI writing tool presents an opportunity to revolutionize the writing process for businesses, bloggers, and students alike. By embedding AI into content creation, you could dramatically enhance productivity and ease the workload for writers worldwide. Discover how others have succeeded in this niche and consider starting your journey today.
Why consider developing an AI writing tool? - You could leverage cutting-edge technology to automate and improve content creation. - The demand for quality, AI-generated content is burgeoning, presenting a lucrative market opportunity. - As a gadget lover, you could transform your passion for innovative tools into a profitable and impactful business.
How much you can make: $4,000 — $1,000,000/month
How long does it take to build: 52 days (?)
Rytr, a new AI writing assistant developed by a startup platform and business incubator, has become a market leader, serving over 300,000 customers across the world and doing seven figures in ARR.
2. Start a dropshipping business ($414K/month)
Starting a dropshipping business as a gadget lover is an excellent way to turn your passion into a profitable venture. By curating the latest, most innovative gadgets and tech accessories, you could create a niche online store that appeals to fellow enthusiasts without the need for upfront inventory costs. Using platforms like Shopify or WooCommerce, you would list products from reliable suppliers, ensuring that you can focus on what truly matters—marketing, customer service, and staying ahead of gadget trends.
Why start a dropshipping business?
- You could focus on your passion. As a gadget lover, you'll stay updated with the latest tech trends and products.
- Minimal upfront costs. No need to invest heavily in inventory or storage.
- Flexibility and scalability. Easily adjust your product range and scale your business as it grows.
How much you can make: $6,000 — $3,000,000/month
How much does it cost to start: $8,500 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 10 hours/week
Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.
3. Start an ai based business solution ($55.8K/month)
If you're a gadget lover, starting an AI-based business solution could be an ideal way to innovate and turn your passion into profit. Leveraging artificial intelligence allows you to streamline various business processes such as customer service, inventory management, and data analysis. The best part? Many AI platforms come with user-friendly interfaces that even those without a tech background can easily navigate. Check out the profitability potential of AI-based business solutions on Starter Story for more insights.
Why consider an AI-based business solution?
- AI can automate repetitive tasks, freeing up more time for creative and strategic pursuits.
- Integrating AI tools provides valuable data insights and predictive analytics, helping you stay ahead of market trends.
- The growing demand for AI solutions means there's enormous potential for quick scalability and profitability.
How much you can make: $4,000 — $120,000/month
How long does it take to build: 125 days (?)
Mikkelsen Twins grew an online education company from scratch with over 800 students, making over 6-figures in profit every month thanks to their successful program, Audiobook Income Academy 2.0.
4. Create a mobile app ($70.3K/month)
Thinking about transforming your ingenious idea into a mobile app? As a gadget lover, creating a mobile app is a natural fit, leveraging your affinity for technology to build something impactful on smartphones and tablets. This venture allows you to combine your knowledge of tech devices with innovative solutions, whether you're developing productivity tools or immersive gaming experiences.
Starting a mobile app business requires a well-defined vision, some coding skills, or the means to hire a proficient developer. Your focus will be on designing user-friendly interfaces, ensuring the app performs seamlessly, and marketing it effectively to attract users. With the ever-growing reliance on mobile apps, there's a vast market waiting for ingenuity and inventive solutions.
Why create a mobile app?
- Mobile apps are central to everyday life, providing numerous opportunities for innovation.
- You already have a passion for gadgets, giving you a keen insight into what users need and want.
- A successful app can generate substantial revenue, offering both financial rewards and the satisfaction of seeing your idea come to life.
How much you can make: $1 — $500,000/month
How long does it take to build: 180 days (?)
BACH, an app that plans and books bachelorette parties, has grown from $0 to >$1M net revenue run rate in less than 6 months, gained over 100,000 users in their first 60 days, and has over 40,000 parties using the app this month.
5. Start a health and wellness app ($108K/month)
For gadget lovers looking to blend their passion for technology with entrepreneurship, starting a health and wellness app could be the perfect venture. Imagine creating a digital tool that offers personalized fitness routines, nutrition plans, and mental well-being exercises, all in one convenient app. This could be your chance to build a platform that acts as a virtual coach, guiding users toward their health goals while making positive lifestyle changes accessible and engaging.
By tapping into the growing market of health-conscious individuals, you'll not only be able to supplement your income but also make a meaningful impact on people's lives. It involves market research, collaboration with health experts, efficient app development, and strategic marketing—skills that a gadget lover would find both exciting and manageable. If this sounds appealing, consider diving into the world of health and wellness apps, and check out these success stories for inspiration.
Why starting a health and wellness app?
- You could capitalize on the booming health and wellness industry, which shows no signs of slowing down.
- Leverage your love for gadgets to create an intuitive and innovative app that stands out in the market.
- Use technology to offer personalized solutions that help users lead healthier lives, making a positive impact while generating revenue.
How much you can make: $600 — $300,000/month
How long does it take to build: 200 days (?)
Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.
6. Develop a lead generation tool ($108K/month)
If you’re a gadget lover looking to supplement your income, developing a lead generation tool can be an exciting and profitable venture. This business idea involves creating a software application or platform that helps businesses capture potential customer leads more efficiently. By leveraging your tech-savviness and innovative mindset, you could automate the laborious process of finding new clients, enabling companies to focus more on conversion.
Imagine integrating your tool with websites, social media channels, and other digital touchpoints to collect valuable data like email addresses, phone numbers, and interests. With high demand from businesses looking to streamline their marketing efforts, your lead generation tool could become a crucial asset in their growth strategy. Learn more about how to get started here.
Why consider developing a lead generation tool?
- It automates client acquisition processes, saving businesses significant time and effort.
- High demand in the market ensures great earning potential for effective tools.
- This venture leverages your love for tech, combining technical skills with marketing insights.
How much you can make: $1,000 — $400,000/month
How much does it cost to start: $600 (?)
How long does it take to build: 90 days (?)
Dux-Soup is a LinkedIn automation tool that helps business owners and sales & marketing professionals generate more leads, increase efficiency, and save time; with over 70,000 users and revenue of nearly $5 million, it offers automated top-of-the-funnel LinkedIn outreach activities, targeted LinkedIn campaigns and multi-touch & personalized LinkedIn drip campaigns for lead generation.
7. Start a social media automation business ($139K/month)
Starting a social media automation business could be an exciting venture for gadget lovers who are passionate about technology and marketing. Imagine managing multiple social media accounts effortlessly while driving engagement and growth, utilizing advanced tools and software to make this process seamless. This business involves creating services to schedule posts, automate interactions, and analyze data, catering to clients like small businesses and influencers who need to save time and boost their social media presence.
With the growing need for consistent and strategic social media engagement, the demand for automation is significant. The real work involves developing or integrating software solutions, staying updated on social media trends, and building relationships with clients to tailor services to their needs. For those with a knack for technology, starting a social media automation business can be both lucrative and fulfilling.
Why start a social media automation business?
- You could harness your love for gadgets by building or using cutting-edge tools to streamline social media tasks.
- The demand is high, with businesses and influencers consistently needing efficient ways to manage their online presence.
- It's a fulfilling endeavor, as you’ll provide real value by saving clients time and helping them grow their brands.
How much you can make: $4,000 — $400,000/month
How long does it take to build: 50 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.
8. Start a podcast ($97.9K/month)
Starting a podcast is a fantastic venture for gadget lovers because it allows you to combine your passion for technology with the growing world of content creation. By discussing the latest gadgets, interviewing industry experts, and offering in-depth reviews, you could attract a dedicated audience eager for insights and recommendations. Plus, with relatively low startup costs and potential revenue streams from sponsorships and advertising, a podcast could become a lucrative side hustle or even a full-time business.
Why start a podcast?
- Share your expertise: You could transform your deep knowledge and passion for gadgets into engaging content that helps others make informed purchase decisions.
- Build a community: By creating a podcast, you could foster a loyal audience of like-minded gadget enthusiasts who share your interests and offer valuable feedback.
- Monetize your passion: With potential sponsorships, ads, and listener donations, your love for gadgets could turn into a profitable venture.
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.
9. Start a YouTube channel ($72.1K/month)
Starting a YouTube channel could be an excellent venture for gadget lovers looking to supplement their income. With a knack for creating compelling video content, you could share your expertise and passion for the latest gadgets, providing how-to guides, reviews, and educational content. By building a dedicated following, you could monetize your channel through ads, sponsorships, and merchandise.
A YouTube channel offers the perfect blend of creativity and business potential. For those willing to dedicate time and effort, the payoff can be significant. Ready to combine your love for gadgets with an entrepreneurial mindset? A YouTube channel might just be your next big move.
Discover the potential of a YouTube channel.
Why starting a YouTube channel?
- You could generate revenue through ads, sponsorships, and merchandise.
- Sharing your expertise on gadgets could establish you as an authority in the field.
- You'll have the flexibility to create content on your own schedule, turning your hobby into a profitable venture.
How much you can make: $2,000 — $333,333/month
How much does it cost to start: $5,250 (?)
How long does it take to build: 30 days (?)
This case study follows the journey of a young entrepreneur from Nigeria who started a profitable blog generating a monthly revenue of $1,500+ through sales of advertising space, sponsored posts, and information products, and shares his strategies for success including a Twitter growth challenge and guest post pitches.
10. Start an email marketing tool ($992K/month)
As a gadget lover, starting an email marketing tool business could be an exciting and profitable endeavor. This is because you would be leveraging technology to create powerful automated solutions for businesses, helping them manage and scale their email campaigns efficiently. Given the rapid growth of the global email marketing tool market, which is expected to reach $2.53B by 2028, there is significant potential for innovation and financial success in this sphere. Learn more about the possibilities and profitability of this business idea in these email marketing tool success stories.
Why start an email marketing tool?
- You could tap into a booming market with high demand for innovative tools.
- Combining your love for gadgets with developing software can lead to creating unique and effective marketing solutions.
- The startup costs are relatively low, making it a feasible option for entrepreneurial-minded individuals.
How much you can make: $120 — $20,833,333/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 180 days (?)
H-supertools founder Hasan developed a set of free SEO and digital marketing tools generating $2k per month in profit using Google Adsense, affiliate marketing, selling ad spaces, and email, plans to launch a membership option, and has attained over 80k registered users and 300k monthly visits in less than two years.
11. Start a niche website ($107K/month)
As a gadget lover, starting a niche website offers an enticing opportunity to turn your passion into a profitable side hustle or even a full-fledged business. By focusing on a specialized topic within the gadget realm, you could create compelling content that attracts an audience eager for insights, reviews, and news about the latest tech innovations. Leveraging various monetization strategies such as affiliate marketing, ad placements, and selling digital products, your website could evolve into a reliable source of passive income.
Imagine sharing detailed reviews of the latest smartphones, in-depth analysis of tech trends, or guides on optimizing and customizing gadgets. Your unique perspective and deep knowledge would engage a dedicated audience, potentially leading to collaborations with gadget brands, sponsorships, and more revenue streams. To explore how others have succeeded with niche websites, check out these success stories on Starter Story.
Why start a niche website?
- You could turn your gadget passion into profit by creating content that resonates with a dedicated audience.
- The variety of monetization options—ads, affiliate marketing, and digital products—provide multiple income streams.
- As your website grows, it could become a source of passive income, offering financial freedom and flexibility.
How much you can make: $400 — $250,000/month
How long does it take to build: 60 days (?)
DPW (Digital Procurement World) is a fast-growing conference and community in procurement that has more than tripled in revenue since launching in 2019, capping out the year at €1.8 million, with 95% of their growth coming from inbound traffic leveraging LinkedIn and applying social selling techniques.
12. Start an online course sales business ($85K/month)
As a gadget lover, monetizing your tech expertise by starting an online course sales business could be incredibly rewarding. Whether it's teaching others how to use new gadgets, explaining the latest tech trends, or showing how to set up smart home systems, your deep knowledge and passion can translate into a valuable educational resource. Considering the e-learning market is expected to soar to over $645 billion, diving into this business could offer substantial financial potential.
Why start an online course sales business?
- You could turn your love for gadgets into a passive income stream by teaching others.
- You already have the expertise; transforming it into an online course adds value for learners and income for you.
- The growing e-learning market offers expansive opportunities to reach a global audience.
For further guidance on how to get started, check out these success stories and see how others have turned their skills into profitable courses.
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.
13. Start an ecommerce reselling business ($83.3K/month)
Starting an eCommerce reselling business is a lucrative opportunity for gadget lovers to turn their passion into profits. As a reseller, you will purchase gadgets, accessories, or other tech-related services for resale, minimizing production costs and maximizing potential returns. Initially, you don't even need a website; you could leverage social media platforms to build your brand and expand later as your business grows.
Why start an eCommerce reselling business?
- You could minimize startup costs by focusing on reselling rather than manufacturing or production.
- You could scale your business flexibly, starting with social media before investing in a full-fledged website.
- You could capitalize on your passion for gadgets by curating the latest and greatest tech products for your customers.
For more insights, you could explore the pros and cons of starting an eCommerce reselling business.
How much you can make: $4,000 — $150,000/month
How much does it cost to start: $2,999 (?)
How long does it take to build: 75 days (?)
Empyre Off-Road, an e-commerce business founded by Greg Shuey which sells aftermarket parts for Toyota Tacomas, Tundras, and 4Runners, generated approximately $100,000 a month in revenue and was able to expand its product offering, focusing on content marketing, email marketing campaigns, and organic social media to attract and retain customers.
14. Start a niche investment platform ($167K/month)
As a gadget lover, starting a niche investment platform could be an exciting avenue to explore new technologies and utilize your passion to benefit others. By designing specialized trading ecosystems that cater to collectibles, cryptocurrencies, real estate, or even athletic prospects, you could leverage modern technology to attract a unique user base. This business model not only offers asset diversification for those seeking alternatives to volatile stock markets, but it also provides recurring revenue through transaction fees and premium subscriptions.
Why start a niche investment platform?
- You could tap into your tech-savvy skills to create a cutting-edge platform that stands out in the market.
- You would attract a dedicated user base of specialized investors seeking smart alternatives to traditional asset classes.
- Recurring revenue streams from fees and subscriptions can provide stable and predictable income.
For more insights, you can explore startup costs and other tips on platforms like Starter Story.
How much you can make: $2,000 — $600,000/month
How long does it take to build: 180 days (?)
Equity Residences is a luxury real estate investment fund that has raised $40 million from over 200 investors, offering them access to a portfolio of luxury vacation homes for investment and personal use, with a minimum investment of $161,500 and plans to acquire a further twenty residences ranging from $1.5M to $4M.
15. Start a niche blog ($31.5K/month)
Starting a niche blog can be a great way to supplement your income, especially if you're passionate about gadgets. By sharing your expertise and enthusiasm for the latest tech, you could attract a dedicated audience eager to read your reviews, tutorials, and industry insights. Monetizing your blog through affiliate links, sponsored posts, and collaborations with tech brands could turn your hobby into a profitable side business. To get started, identify a specific niche within the gadget world, such as wearable tech or smart home devices, and consistently produce valuable content tailored to your audience.
Why start a niche blog?
- You could turn your passion into profit by sharing your knowledge with an engaged community.
- There are multiple monetization options available, from affiliate marketing to sponsored content.
- Building your own brand in the gadget niche could open doors to other opportunities, such as speaking at events or writing for larger publications.
Find more tips and inspiration on how to start your own niche blog here.
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.
16. Start an affiliate marketing business ($77.5K/month)
As a gadget lover, starting an affiliate marketing business could be an excellent way to supplement your income by promoting the latest tech products you’re passionate about. Since affiliate marketing involves earning commissions on sales generated through your promotional efforts, you can leverage your enthusiasm for gadgets to create content that attracts other tech enthusiasts. This side business allows you to monetize your knowledge and passion, turning your hobby into a profitable venture.
To get started, you'll need to identify high-quality products and brands that resonate with your audience. For example, you might choose to partner with an eCommerce store known for selling cutting-edge gadgets.
Why start an affiliate marketing business?
- It provides a platform to share your passion for gadgets while earning passive income.
- It offers low startup costs; you only need a website or social media presence to begin.
- The flexibility allows you to work from anywhere and at any time, making it ideal as a side hustle.
How much you can make: $500 — $773,000/month
How much does it cost to start: $700 (?)
How long does it take to build: 60 days (?)
This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.
17. Start a subscription box business ($97.9K/month)
If you're a gadget lover looking to start a side business or supplement your income, a subscription box business could be an ideal venture. These businesses provide customers with a curated selection of tech gadgets and accessories on a monthly basis, often featuring exclusive or hard-to-find items. Given the ever-growing interest in unique tech products, this business model aligns perfectly with your passion for the latest and greatest in gadgets. To delve deeper into profitability and customer engagement, check out some success stories on subscription box businesses.
Why start a subscription box business?
- You could turn your passion for gadgets into a profitable venture by providing niche products that tech enthusiasts crave.
- Subscription boxes build a recurring revenue model, ensuring steady income and customer loyalty.
- You could create a community of like-minded tech lovers who eagerly anticipate your curated selections each month.
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.
18. Start a swaddle wrap
New parents are always looking for ways to soothe their babies, and starting a swaddle wrap business taps directly into that need. Swaddle wraps provide a snug, comforting environment for newborns, making them a must-have item for sleep-deprived parents. As a gadget lover, you could meld your passion for innovation with practical infant care solutions by designing swaddle wraps that incorporate user-friendly features and high-quality materials. This venture allows you to explore product design, material sourcing, and various manufacturing techniques, combining your tech-savvy skills with a market constantly in demand.
Why start a swaddle wrap business?
- Constant demand: Newborn care is always a priority, ensuring a consistent market for swaddle wraps.
- Creativity and innovation: You could incorporate unique, user-friendly features that appeal to gadget-loving parents.
- Rewarding impact: You’ll make a positive difference by providing parents with essential products that help soothe their babies.
Explore more about starting a swaddle wrap business on Starter Story.
How much does it cost to start: $700 (?)
19. Start a wordpress plugin business ($33.4K/month)
Starting a WordPress plugin business satisfies both your passion for gadgets and your entrepreneurial spirit. As a gadget lover, you likely enjoy tinkering with technology and finding innovative solutions to everyday problems. Creating and selling WordPress plugins allows you to capitalize on your technical acumen by developing tools that address specific needs for millions of website owners. By solving pressing issues with tailored plugins, you could carve out a lucrative niche while indulging in your love for tech.
Why start a WordPress plugin business?
- You could turn technical challenges into revenue by offering invaluable solutions through your plugins.
- Selling on platforms like CodeCanyon or your own website makes the distribution easy and efficient.
- You already enjoy working with gadgets, so developing plugins could feel more like a fulfilling hobby than a job.
For more insights, you might find stories of successful WordPress plugin businesses on Starter Story helpful.
How much you can make: $120 — $120,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Wheely Sales CEO Josh created a lucky wheel popup that has grown revenue from $0 to $600/month in just 4 months since getting started and has attracted over 1.1 million users to his customers’ websites, all while proving that when it comes to creating a product, competition is validation.
20. Develop an online survey tool ($304K/month)
Starting an online survey tool business could be an exciting venture for a gadget lover. Online survey tools allow businesses to gather valuable customer feedback through user-friendly and tech-savvy platforms. By developing such a tool, you could harness your passion for gadgets to create a seamless and efficient experience for data collection while tapping into a growing market. This could be a great way to supplement your income or even turn into a full-time business.
Why build an online survey tool?
- Online surveys are in high demand as businesses seek more customer insights to make informed decisions.
- You could leverage your gadget expertise to enhance the survey-taking experience with innovative features.
- The rising popularity of tools like Typeform shows significant revenue potential, making this a promising business idea.
Discover more about the potential of starting an online survey tool business here.
How much you can make: $40 — $1,600,000/month
How long does it take to build: 180 days (?)
GreenRope, a self-funded CRM and marketing automation platform with over 1,000 customers in 20 countries, was built organically and focused on creating a positive, customer-centric culture without outside investment, with an all-in-one interface solving challenges in managing sales, marketing, customer service, and operations.
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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.
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.
