60 Profitable Business Ideas You Can Start With $500 Or Less [2024]
Are you interested in business ventures you could pursue with a budget of less than $500?
In this article, we have compiled a comprehensive list of affordable business ideas that can be launched with minimal investment.
These ideas range from online businesses to home-based services, and more.
Whether you are looking to be your own boss, explore your entrepreneurial spirit, or earn extra income alongside your day job, these ideas are an excellent starting point.
With some creativity, hard work, and dedication, you can turn your dreams of owning a business into a reality.
1. Start an online t-shirt business ($500)
Based on data from 11 successful online t-shirt business businesses, the median cost to start an online t-shirt business is $500.
Running a t-shirt business is an opportunity many entrepreneurs are looking into as a side hustle or even a full-time business opportunity. While having your own physical store is possible, online businesses are becoming extremely popular in this field.
Launching your own successful online t-shirt business may feel daunting, but with the guidance & insights from people who are already pioneering this industry, it’s simpler than you may think. You can start with selling customized quotes t-shirts, tie-dye prints/screen printing t-shirts, or solid color t-shirts. The opportunities for this industry are endless.
How much you can make: $1,000 — $275,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 7 days (?)
For example, Cinquanta Cox-Smith started Cinquanta Cox-Smith in 2009.
They spent a total of $100 to get the online t-shirt business up and running.
2. Start a travel blog ($500)
Based on data from 20 successful travel blog businesses, the median cost to start a travel blog is $500.
If you are an avid traveler, you will agree there is nothing like arriving on a tropical island. The exotic creatures, clear oceans, palm trees, plenty of water activities, and cool weather are some reasons travelers choose tropical destinations.
Do you live on a tropical island? Or maybe you are a blogger looking for the next idea. How about starting a blog relating to tropical island destinations? You can mention all the fantastic sightseeing sites, water activities, and other fun activities available to travelers.
How much you can make: $1,000 — $1,600,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 45 days (?)
For example, Kristin Hanes started The Wayward Home in 2017.
They spent a total of $50 to get the travel blog up and running.
3. Start a copywriting business ($500)
Based on data from 30 successful copywriting business businesses, the median cost to start a copywriting business is $500.
A copywriter creates clear, compelling copy to sell products and/or educate and engage consumers.
To become a copywriter, focus on covering the basics, plan your copywriting business and choose the services you intend to offer.
To develop your brand, establish a marketing strategy, and offer quality services to your audience. Email marketing, newsletters, and other digital marketing tools can help you create a successful copywriting business.
How much you can make: $700 — $160,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 60 days (?)
For example, Danny Postma started ConvertWell in 2020.
They spent a total of $15 to get the copywriting business up and running.
4. Create a landing page builder ($500)
Based on data from 6 successful landing page builder businesses, the median cost to start a landing page builder is $500.
Let’s face it: creating a product is easy; creating a product that sells is the real challenge.
Many startups have great-looking websites but lack a highly converting landing page. A landing page builder does just that; it builds landing pages for you.
A landing page builder business is a service that helps businesses and individuals create professional-looking web pages designed to convert visitors into customers or leads.
To start this business on a budget, you’ll need basic web development skills and knowledge of popular website-building platforms like WordPress, Wix, or Squarespace.
Unbounce, a popular landing page tool, makes nearly $26M per year.
How much you can make: $110 — $160,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 60 days (?)
For example, Alexander Isora started Unicorn Platform in 2018.
They spent a total of $500 to get the landing page builder up and running.
5. Start a product design inspiration blog ($500)
Based on data from 2 successful product design inspiration blog businesses, the median cost to start a product design inspiration blog is $500.
A product design inspiration blog business is a venture where you create a website or blog to showcase and discuss creative and innovative product designs.
You'll curate content, write articles, and share images or videos to inspire and inform your audience about the latest trends and ideas in product design.
To start this business on a budget, first, choose a niche or specific area of product design that you're passionate about.
Next, create a user-friendly website using free or low-cost platforms like WordPress or Wix.
Then, consistently publish high-quality content, build a social media presence to attract an audience, and explore monetization options like affiliate marketing, sponsored content, or selling related products or services.
How much you can make: $4,487 — $5,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 60 days (?)
For example, Courtlyn Jones started The Design Database in 2021.
They spent a total of $5K to get the product design inspiration blog up and running.
6. Start a healthy meal delivery service ($500)
Based on data from 4 successful healthy meal delivery service businesses, the median cost to start a healthy meal delivery service is $500.
Meal prep delivery services offer healthy and nutritional meals to customers via e-commerce sites.
These services provide either DIY meal kits or Ready-to-eat meals, saving time and eliminating food waste.
They are particularly beneficial for busy people and health-conscious millennials who prefer nutritional food at home.
There are two types of meal services: online meal kits and fast food delivery services.
A meal prep delivery business can be profitable, especially when compared to restaurants, as they save costs on a storefront.
To make a good profit, one should invest less in groceries and ensure they have many customers.
How much you can make: $60,000 — $300,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 7 days (?)
For example, TJ Clark started Healthy Chew in 2016.
They spent a total of $500 to get the healthy meal delivery service up and running.
7. Start a mom blog ($500)
Based on data from 3 successful mom blog businesses, the median cost to start a mom blog is $500.
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 (?)
For example, Carly Campbell started Mommy On Purpose in 2016.
They spent a total of $2K to get the mom blog up and running.
8. Become an online fitness coach ($500)
Based on data from 10 successful online fitness coach businesses, the median cost to start an online fitness coach is $500.
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 (?)
For example, James de Lacey started Sweet Science of Fighting in 2020.
They spent a total of $100 to get the online fitness coach up and running.
9. Start a digital magazine ($500)
Based on data from 3 successful digital magazine businesses, the median cost to start a digital magazine is $500.
A digital magazine is an electronic publication that takes a digital format rather than printed on paper.
Ideally, digital publications and traditional print magazines are not all that different. The only difference is the medium of delivery. To start a digital publication, decide the publication’s goals and pick a topic or theme. Then, create a content strategy and choose the right software.
How much you can make: $21,000 — $800,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 52 days (?)
For example, Drew Williams started SWAGGER Magazine in 2007.
They spent a total of $500 to get the digital magazine up and running.
10. Start a seo consultant business ($500)
Based on data from 25 successful seo consultant business businesses, the median cost to start a seo consultant business is $500.
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 (?)
For example, Bruce Jones started 1ON1 SEO Training in 2019.
They spent a total of $9 to get the seo consultant business up and running.
11. Start a fashion accessories business ($2.8K)
Based on data from 10 successful fashion accessories business businesses, the median cost to start a fashion accessories business is $2.8K.
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 (?)
For example, David Lindahl started Rainier Watch in 2018.
They spent a total of $300 to get the fashion accessories business up and running.
12. Start a niche blog ($650)
Based on data from 92 successful niche blog businesses, the median cost to start a niche blog is $650.
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 (?)
For example, Sayan Neogie started Prosmartrepreneur in 2018.
They spent a total of $4 to get the niche blog up and running.
13. Start a catering business ($500)
Based on data from 4 successful catering business businesses, the median cost to start a catering business is $500.
A catering business is responsible for providing food & beverage-related services for vast types of events.
Catering businesses are known to be more flexible than other businesses because they don’t have to worry about location or pricing and can even work 24/7. They can cater anywhere and offer any price point that they want.
However, starting a catering business requires a lot of planning.
To start a successful catering business , you'll need to plan and prepare menus, manage budgets, handle clients, and more.
In addition, catering allows you to meet more people and show off your cooking skills.
How much you can make: $4,000 — $6,000,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 90 days (?)
For example, Nestor Nidome started Elegante Catering in .
They spent a total of $500 to get the catering business up and running.
14. Start an affiliate marketing business ($700)
Based on data from 39 successful affiliate marketing business businesses, the median cost to start an affiliate marketing business is $700.
Are you looking for a side hustle to pay you a passive income? Affiliate marketing is one of those side hustles that will pay you well over the long term. It is a way to earn money online by promoting other companies' products and services. You will be paid a commission for each sale you make as an affiliate marketer.
To get started, learn how to find the right product and brand to partner with. For example, you may prefer becoming an affiliate marketer for an eCommerce store, partnering with a manufacturer, and marketing their products for a commission.
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 (?)
For example, Martin Moore started TechySex in 2020.
They spent a total of $20 to get the affiliate marketing business up and running.
15. Become a virtual magician ($500)
Based on data from 3 successful virtual magician businesses, the median cost to start a virtual magician is $500.
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 (?)
For example, Daniel Chan started Dan Chan Presents: Virtual Magic Shows in 1999.
They spent a total of $100 to get the virtual magician up and running.
16. Start a blog ($500)
Based on data from 63 successful blog businesses, the median cost to start a blog is $500.
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
For example, Sayan Neogie started Prosmartrepreneur in 2018.
They spent a total of $4 to get the blog up and running.
17. Start a meal prep business ($500)
Based on data from 8 successful meal prep business businesses, the median cost to start a meal prep business is $500.
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 (?)
For example, TJ Clark started Healthy Chew in 2016.
They spent a total of $500 to get the meal prep business up and running.
18. Start a party supply store ($500K)
Based on data from 3 successful party supply store businesses, the median cost to start a party supply store is $500K.
If you love fun activities and helping other people enjoy their parties, starting a party store in your neighborhood can be a rewarding and profitable business.
Party stores sell balloons, decorations, costumes, novelties, confectionaries, theme party wear, and other party supplies.
If you are starting a party store, you may choose to join it as an affiliate or enter a franchise. A party store is a low-to-entry business venture and can be rewarding in the long run.
How much you can make: $25,000 — $500,000/month
How long does it take to build: 183 days (?)
For example, Dean Salakas started The Party People in 1986.
They spent a total of $500 to get the party supply store up and running.
19. Become a wedding planner ($6.74K)
Based on data from 4 successful wedding planner businesses, the median cost to start a wedding planner is $6.74K.
A wedding planner assists with designing, planning, and managing a wedding, so the bride and groom have the happiest day. Wedding planners enjoy a flexible working schedule and opportunities to travel locally and globally, and it’s a great career with numerous growth opportunities.
To start a wedding planning business, identify your target clientele and study their wedding cultures so you can offer the clients excellent service. Remember, excellent wedding planning is all about having the passion and knowing how to harness that passion for designing weddings that bring out the emotions of those in attendance.
How much you can make: $774 — $200,000/month
How much does it cost to start: $6,735 (?)
How long does it take to build: 90 days (?)
For example, Lia chhabra started Shaadivaale in 2018.
They spent a total of $500 to get the wedding planner up and running.
20. Start an online language coaching business ($280)
Based on data from 4 successful online language coaching business businesses, the median cost to start an online language coaching business is $280.
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 (?)
For example, Ronan Mc Guire started Deutsch Gym in 2020.
They spent a total of $50 to get the online language coaching business up and running.
21. Start a coffee blog ($550)
Based on data from 3 successful coffee blog businesses, the median cost to start a coffee blog is $550.
A coffee blog business is a website or platform where individuals share information, tips, and reviews about coffee-related topics.
This can include things like different coffee brewing methods, coffee bean types, recipes, and product recommendations.
To start this business on a budget, you'll first need a passion for coffee and some basic knowledge about it. Then, create a free or low-cost website using platforms like WordPress or Blogger.
Write engaging content, include high-quality images, and consider joining affiliate programs to earn revenue through product recommendations.
Finally, promote your blog on social media and engage with your audience to build a dedicated following.
How much you can make: $1,000 — $8,000/month
How much does it cost to start: $550 (?)
How long does it take to build: 15 days (?)
For example, Demri Robinson started Little Coffee Place in 2015.
They spent a total of $500 to get the coffee blog up and running.
22. Start an etsy digital products business ($500)
Based on data from 3 successful etsy digital products business businesses, the median cost to start an etsy digital products business is $500.
An Etsy digital products business involves creating and selling digital goods on the Etsy platform.
These can include items like printable art, digital planners, e-books, graphic designs, and more.
To start this business on a budget, first identify a niche or category you're passionate about and skilled in.
Create high-quality digital products using free or low-cost tools like Canva or Google Docs.
Then, set up a shop on Etsy, optimize your product listings with relevant keywords, and promote your shop through social media and online communities to attract potential customers.
How much you can make: $3,000 — $10,417/month
How much does it cost to start: $500 (?)
How long does it take to build: 60 days (?)
For example, Emily McDermott started Pretty Arrow in 2021.
They spent a total of $10 to get the etsy digital products business up and running.
23. Start a fashion blogging business ($500)
Based on data from 5 successful fashion blogging business businesses, the median cost to start a fashion blogging business is $500.
Are you addicted to fashion trends and news? Thought so!
If so, starting a fashion blog can be a fun and practical way to earn passive income covering a topic you love. Starting a fashion blog is pretty straightforward. Buy a domain, create a website, and start creating content.
However, you have to share your content widely to attract readers. A key strategy for promoting your blog is sharing content via Instagram, YouTube, and other social media channels.
Social media channels provide a platform to get ideas on the subject and generate many opportunities.
How much you can make: $4,000 — $134,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 200 days (?)
For example, Lisa Miller-Mecham started Creative Fashion Blog in 2018.
They spent a total of $50 to get the fashion blogging business up and running.
24. Start a framed prints ecommerce ($999)
Based on data from 5 successful framed prints ecommerce businesses, the median cost to start a framed prints ecommerce is $999.
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 (?)
For example, Zach Katz started Framed Tweets (Now its Sticker Mule) in 2017.
They spent a total of $999 to get the framed prints ecommerce up and running.
25. Start a Coffee Subscription Box ($550)
Based on data from 2 successful Coffee Subscription Box businesses, the median cost to start a Coffee Subscription Box is $550.
Coffee Subscription Box is a business that delivers high-quality coffee to your door. Coffee subscription boxes are popular with those who like to try new flavors or types of coffee. A subscription box will include a variety of coffees from different places and at different times.
You can also use this subscription box idea to market your business by offering discounts or other incentives to people who sign up for your coffee club.
The Coffee Subscription Box business idea is easy to start and it is very profitable because it is affordable. Consumers spend over $74 billion on coffee and the coffee industry generates over $68 billion in income per year.
How much you can make: $3,000 — $65,000/month
How much does it cost to start: $550 (?)
Time commitment per week: Min. 3 hours/week
For example, Courtney Todd started Fernweh in 2018.
They spent a total of $550 to get the Coffee Subscription Box up and running.
26. Start a sports coaching business ($100)
Based on data from 2 successful sports coaching business businesses, the median cost to start a sports coaching business is $100.
Sports coaching is a fast-growing industry in all areas of the world.
If you have a sports coaching qualification and experience, you can turn those experiences into a profitable business.
You can offer coaching to teams or individuals depending on your preference and the nature of sports.
You may join sports associations or attend networking events to market your sports coaching abilities.
How much you can make: $4,759 — $8,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 180 days (?)
For example, James de Lacey started Sweet Science of Fighting in 2020.
They spent a total of $100 to get the sports coaching business up and running.
27. Start a niche accessories brand ($600)
Based on data from 14 successful niche accessories brand businesses, the median cost to start a niche accessories brand is $600.
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 (?)
For example, Braxton Manley started Braxley Bands in 2017.
They spent a total of $20 to get the niche accessories brand up and running.
28. Become a Facebook ads consultant ($1.18K)
Based on data from 13 successful Facebook ads consultant businesses, the median cost to start a Facebook ads consultant is $1.18K.
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 (?)
For example, Dylan Ogline started Ogline Digital in 2017.
They spent a total of $100 to get the Facebook ads consultant up and running.
29. Start a temporary tatoos kiosk ($100)
Based on data from 1 successful temporary tatoos kiosk businesses, the median cost to start a temporary tatoos kiosk is $100.
Starting a tattoo business is not as difficult as you might think. If you have the talent, ability, and guts, you already have the most important qualities for starting your own tattoo company. Tattoo Artists in the US Market Size in 2022 is $1.4B.
The tattooing business is profitable and popular, and it is one of the most rewarding careers that you can have. However, starting a tattoo kiosk requires a lot of commitment and hard work.
Tattoo shops have strict standards for artists who work in shops, so to have an ideal career as an artist, you might have to go the freelance route. It can be a short-term or long-term career, so you must be prepared before taking on such a responsibility. It won't come with a million-dollar salary at first, but once you've developed a good reputation and have completed enough work, the money will start rolling in.
How much you can make: $1,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 30 days (?)
30. Start a B2B sales app ($550)
Based on data from 9 successful B2B sales app businesses, the median cost to start a B2B sales app is $550.
A B2B sales app is software used by sales professionals to manage leads, create orders, generate quotes and close deals.
According to statistics, 72% of B2B buyers highly value the convenience of self-service access to accounts and orders.
A B2B sales app may have features such as an automated lead generation system, a lead scoring system, and automated follow-ups, to help the sales professionals improve sales performance by speeding up the ordering process. Another feature may be the ability to give customers access to the salespersons' product catalog so that they can self-order conveniently.
If you're thinking about starting a B2B sales app, start by validating the idea by reaching out to sales professionals for recommendations, and check to see what they say about particular solutions they might already be using.
How much you can make: $1,000 — $666,667/month
How much does it cost to start: $550 (?)
How long does it take to build: 80 days (?)
For example, Valentin Wallyn started Findymail in 2022.
They spent a total of $100 to get the B2B sales app up and running.
31. Start a tutoring business ($100)
Based on data from 5 successful tutoring business businesses, the median cost to start a tutoring business is $100.
Starting a tutoring side hustle is a great way for teachers and students to earn extra monthly income.
If you are considering becoming a tutor, find an ideal tutoring niche, and craft a tutoring website.
Then, find your tutoring clients and market your side hustle online. You can choose to offer online tutoring as a part-time or full-time engagement.
How much you can make: $1,000 — $830,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 15 days (?)
Time commitment per week: Min. 5 hours/week
For example, Adam Shlomi started SoFlo Tutors in 2019.
They spent a total of $100 to get the tutoring business up and running.
32. Become a ghost blogger ($150)
Based on data from 2 successful ghost blogger businesses, the median cost to start a ghost blogger is $150.
A ghost blogger is simply a writer who specializes in producing blogs for other people.
As a ghost blogger, you can earn between $300 and $1,500 per week, depending on word count and topic.
Ideally, the ideas and knowledge contained in the article originate from the publicly named author.
Therefore, as a ghostwriter, your role is to put the ideas into words.
How much you can make: $450 — $24,000/month
How much does it cost to start: $150 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
For example, Lacy Boggs started The Content Direction Agency in 2011.
They spent a total of $50 to get the ghost blogger up and running.
33. Start a finance blog ($200)
Based on data from 24 successful finance blog businesses, the median cost to start a finance blog is $200.
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 (?)
For example, Sayan Neogie started Prosmartrepreneur in 2018.
They spent a total of $4 to get the finance blog up and running.
34. Become a sports blogger ($200)
Based on data from 5 successful sports blogger businesses, the median cost to start a sports blogger is $200.
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 (?)
For example, Craig Calcaterra started Cup of Coffee in 2020.
They spent a total of $200 to get the sports blogger up and running.
35. Start a podcasting business ($350)
Based on data from 9 successful podcasting business businesses, the median cost to start a podcasting business is $350.
Podcasting businesses often start as a hobby. You publish a few episodes and posts, and soon you will start getting engagements from interested parties.
However, to earn money from your podcasting business, you need to put a lot of effort and time into producing quality shows that address your audience's concerns.
To grow your podcast business, ensure regular publishing, which brings better growth, more listeners to your channel, and a higher income.
Here is a list of steps to help you transition the podcast from a hobby to a full-time podcast business:
- Ensure a focused effort and adjust the tone of each podcast episode
- Make podcasting your priority
- Focus on building
- Grow a mailing list
- Aim at building a trusted brand
- Develop a long-term growth and marketing plan
How much you can make: $5,000 — $349,983/month
How much does it cost to start: $350 (?)
How long does it take to build: 15 days (?)
For example, Marti Sanchez started Influence Podium in 2019.
They spent a total of $100 to get the podcasting business up and running.
36. Start a startup instructing business ($500)
Based on data from 13 successful startup instructing business businesses, the median cost to start a startup instructing business is $500.
The startup instructing business involves providing guidance and support to individuals or small businesses that are just starting out.
This can include advice on business planning, marketing strategies, and overall direction for success.
To start this business on a budget, first, identify your areas of expertise and consider the specific industry or niche you want to focus on.
Next, create a basic website or social media profiles to showcase your services and attract potential clients.
Finally, offer your services at an affordable rate and gradually build your reputation through satisfied customers and word-of-mouth referrals.
How much you can make: $1,000 — $100,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 75 days (?)
For example, Lidiya Kesarovska started Let's Reach Success in 2013.
They spent a total of $100 to get the startup instructing business up and running.
37. Start an educational blog ($170)
Based on data from 16 successful educational blog businesses, the median cost to start an educational blog is $170.
An educational blog business involves creating a website where you share informative content on a specific subject to educate your audience.
To start on a budget, choose a niche you're knowledgeable and passionate about.
Create quality content using free platforms like WordPress or YouTube.
Promote your blog on social media and through SEO techniques, and consider monetizing it with methods like affiliate marketing and selling digital products once you have a steady flow of visitors.
Consistency and providing genuine value are crucial for success.
How much you can make: $50 — $830,000/month
How much does it cost to start: $170 (?)
How long does it take to build: 30 days (?)
For example, Martin Moore started TechySex in 2020.
They spent a total of $20 to get the educational blog up and running.
38. Become a garden designer ($4.1K)
Based on data from 1 successful garden designer businesses, the median cost to start a garden designer is $4.1K.
A garden designer business involves creating and planning outdoor spaces for residential or commercial clients.
The business can include services like selecting plants, arranging pathways, and designing features like patios or water elements.
To start this business on a budget, begin by gaining basic knowledge of plants and garden design through online resources, books, or local classes.
Next, offer your services to friends and family to build a portfolio.
Keep startup costs low by purchasing plants and materials as needed and gradually expanding your inventory as your business grows.
Finally, market your services through social media, local advertising, and networking to attract potential clients.
How much you can make: $700/month
How much does it cost to start: $4,100 (?)
How long does it take to build: 37 days (?)
39. Start a subscription box business ($210)
Based on data from 13 successful subscription box business businesses, the median cost to start a subscription box business is $210.
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 (?)
For example, Charles Carette started Bambox in 2017.
They spent a total of $100 to get the subscription box business up and running.
40. Start a product review blog ($750)
Based on data from 15 successful product review blog businesses, the median cost to start a product review blog is $750.
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 (?)
For example, Cy started Super Smash Cache in 2014.
They spent a total of $14 to get the product review blog up and running.
41. Start a personal development blog ($425)
Based on data from 8 successful personal development blog businesses, the median cost to start a personal development blog is $425.
Personal development blogs teach readers activities designed to improve their talents, potential, employability, and wealth.
Here are important tips to help your personal development blog stand out:
- Create a catchy title
- Be truthful to your audience
- Expect and know how to deal with criticism
- Market your blog on social media
- Post new content often
- Plan your content ahead
How much you can make: $4,000 — $120,000/month
How much does it cost to start: $425 (?)
How long does it take to build: 18 days (?)
For example, Marjolein Dilven started Radical FIRE in 2018.
They spent a total of $180 to get the personal development blog up and running.
42. Start a surprise travel agency ($250)
Based on data from 3 successful surprise travel agency businesses, the median cost to start a surprise travel agency is $250.
Are you looking for a scalable side hustle idea and one that allows you some flexibility?
A surprise travel agency is a good option that will enable you to choose a friendly niche market.
Besides, a surprise travel agency lets you gain exposure and experience while it is an opportunity with unlimited income potential.
If you love sharing travel recommendations and always find the best local spots when you visit a new city, this will be ideal for you.
How much you can make: $15,000 — $550,000/month
How much does it cost to start: $250 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 7 hours/week
For example, Lillian Rafson started Pack Up + Go in 2016.
They spent a total of $250 to get the surprise travel agency up and running.
43. Start a job board ($297)
Based on data from 8 successful job board businesses, the median cost to start a job board is $297.
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 (?)
For example, George started Loopcv in 2020.
They spent a total of $200 to get the job board up and running.
44. Become a blogging coach ($250)
Based on data from 10 successful blogging coach businesses, the median cost to start a blogging coach is $250.
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 (?)
For example, Sayan Neogie started Prosmartrepreneur in 2018.
They spent a total of $4 to get the blogging coach up and running.
45. Build an API ($400)
Based on data from 8 successful API businesses, the median cost to start an API is $400.
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 (?)
For example, Ervin Ruci started Geocode.xyz in 2016.
They spent a total of $10 to get the API up and running.
46. Start a newsletter ($500)
Based on data from 48 successful newsletter businesses, the median cost to start a newsletter is $500.
Did you know that in the past five years, there has been more than a 50% increase in the number of people who read newsletters?
Newsletters are one of the few things you can use to market yourself as a trusted expert. A well-written newsletter can educate your subscribers and build connections with them.
Email newsletters are a great way to connect with customers and potential customers. It’s a newsletter’s job to inform, persuade, and sell to your audience.
How much you can make: $160 — $4,100,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
For example, Danny Miró-Chinea started Comprende in 2023.
They spent a total of $19 to get the newsletter up and running.
47. Start a board game business ($15K)
Based on data from 8 successful board game business businesses, the median cost to start a board game business is $15K.
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
For example, Gabe Barrett started The Board Game Design Lab in 2016.
They spent a total of $300 to get the board game business up and running.
48. Become a nutritionist ($2.75K)
Based on data from 9 successful nutritionist businesses, the median cost to start a nutritionist is $2.75K.
As individuals seek to adopt healthier lifestyles, there is an increasing demand for professional nutritionists who can offer tailored advice.
A nutritionist offers personalized nutrition advice and guidance to individuals or groups, helping them achieve their health and wellness goals through dietary recommendations and education.
This may include creating meal plans, conducting assessments, and providing ongoing support to clients seeking to improve their nutritional habits.
To become a nutritionist, consider obtaining relevant certifications and gaining practical experience through internships or supervised practice.
How much you can make: $600 — $500,000/month
How much does it cost to start: $2,750 (?)
How long does it take to build: 180 days (?)
Time commitment per week: Min. 3 hours/week
For example, Priscilla Blevins started Keto Girl Nutritionist in 2019.
They spent a total of $300 to get the nutritionist up and running.
49. Start a sticker business ($750)
Based on data from 5 successful sticker business businesses, the median cost to start a sticker business is $750.
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 (?)
For example, Cinquanta Cox-Smith started Cinquanta Cox-Smith in 2009.
They spent a total of $100 to get the sticker business up and running.
50. Become an app widget provider ($500)
Based on data from 3 successful app widget provider businesses, the median cost to start an app widget provider is $500.
The app widget provider business involves creating and offering small, interactive elements that can be added to users’ home screens on their smartphones or tablets.
These widgets can display useful information or provide quick access to specific functions of an app. To start this business on a budget, you’ll first need to learn basic programming skills, especially in languages like Java or Kotlin for Android or Swift for iOS.
Next, design simple yet useful widgets that cater to popular user needs, like weather updates, to-do lists, or quick access to common functions.
Finally, promote your widgets through app stores, social media, and online communities to gain visibility and attract users.
Remember to provide regular updates and listen to user feedback to improve your widgets over time.
How much you can make: $100 — $50,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 100 days (?)
For example, Ruben Buijs started Boei in 2020.
They spent a total of $100 to get the app widget provider up and running.
51. Start a doula service ($300)
Based on data from 1 successful doula service businesses, the median cost to start a doula service is $300.
A doula service business provides support to expectant mothers and families during pregnancy, childbirth, and the postpartum period.
Doulas offer emotional, physical, and informational assistance to help make the birthing experience more comfortable and empowering.
To start a doula service on a budget, first, gain knowledge and certification through affordable online or local training programs.
Next, create a simple website or social media page to promote your services and reach potential clients.
Finally, network with local healthcare professionals and community groups to build relationships and establish a client base.
How much you can make: $200/month
How much does it cost to start: $300 (?)
How long does it take to build: 150 days (?)
52. Become a freelance app developer ($750)
Based on data from 9 successful freelance app developer businesses, the median cost to start a freelance app developer is $750.
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 (?)
For example, Seth Kramer started No Code MBA in 2020.
They spent a total of $200 to get the freelance app developer up and running.
53. Start a tech blog ($275)
Based on data from 10 successful tech blog businesses, the median cost to start a tech blog is $275.
A tech blog is a website that covers the latest news and developments in the technology industry. A tech blog typically covers topics such as new products, startups, and industry news.
To start a tech blog, you will need strong writing skills and experience in the technology industry. You should also have a good understanding of the latest trends in technology.
The success of your writing is going to be long-term, but if you do it right now there's the potential for handsome profits! You can start a tech blog and make $37,073 per year.
Starting a tech blog is a great way to share your knowledge of the latest technology trends with the world. This type of business is growing in popularity as people are looking for ways to keep up with the latest news and developments in the tech industry.
How much you can make: $150 — $700,000/month
How much does it cost to start: $275 (?)
How long does it take to build: 30 days (?)
For example, Safwan Khan started Startupily in 2016.
They spent a total of $50 to get the tech blog up and running.
54. Start a hair blog ($500)
Based on data from 3 successful hair blog businesses, the median cost to start a hair blog is $500.
Are you a professional model or a beauty expert looking for a potential business idea? Starting a hair blog can be a great business opportunity for hair and beauty experts.
Through a hair blog, you teach your audience best practices for keeping their hair tidy and in perfect shape throughout. You can cover the best hair care tips and discuss different hair extensions available to them.
A majority of hair blogs make money through affiliate marketing campaigns. Cover fascinating topics and share the posts on social media to get traffic to your hair blog.
How much you can make: $6,000 — $8,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
For example, Delilah Orpi started The Holistic Enchilada in 2017.
They spent a total of $250 to get the hair blog up and running.
55. Start a freelance writing business ($500)
Based on data from 19 successful freelance writing business businesses, the median cost to start a freelance writing business is $500.
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 (?)
For example, Vaibhav Kishnani started Content-Whale Private Limited in 2017.
They spent a total of $35 to get the freelance writing business up and running.
56. Start a protein bar company ($20.2K)
Based on data from 4 successful protein bar company businesses, the median cost to start a protein bar company is $20.2K.
The protein bar market is one of the fastest-growing industries around, and is growing in size every day.
The global protein bar market is projected to reach $7.03 Bn by 2027, with a CAGR of 5.6%.
There are various protein bar companies, and we've detailed the key players in the industry below.
How much you can make: $15,000 — $3,000,000/month
How long does it take to build: 195 days (?)
For example, George Greenhill started Protein Package in 2017.
They spent a total of $300 to get the protein bar company up and running.
57. Create a web development course ($500)
Based on data from 4 successful web development course businesses, the median cost to start a web development course is $500.
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 (?)
For example, Seth Kramer started No Code MBA in 2020.
They spent a total of $200 to get the web development course up and running.
58. Start a boutique ($100)
Based on data from 2 successful boutique businesses, the median cost to start a boutique is $100.
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 (?)
59. Start a visitor management system ($150)
Based on data from 3 successful visitor management system businesses, the median cost to start a visitor management system is $150.
A visitor management system is a business that provides solutions for tracking and managing visitors in various settings like offices, schools, and events.
The business opportunity involves creating software or offering hardware solutions that help businesses keep track of who enters and exits their premises.
To start this business on a budget, you can begin by conducting market research to understand the demand for such systems in your area.
Next, consider creating a basic website to showcase your services and start networking with potential clients.
You may also explore partnerships with existing security companies or offer a subscription-based service to keep initial costs low.
How much you can make: $4,998 — $500,000/month
How much does it cost to start: $150 (?)
How long does it take to build: 60 days (?)
60. Become a craft business blogger ($326K)
Based on data from 3 successful craft business blogger businesses, the median cost to start a craft business blogger is $326K.
The craft industry is becoming more popular than ever before. More people are expressing their love and affection for the craft. Besides, more people are showing their interest in starting a craft-related business.
If you have an affection for crafts, consider starting a craft blog.
A craft blog can cover anything from art and craft industry trends to popular industry news. Just make sure your craft blog focuses on an interesting niche. Thus, start with identifying a niche and studying what they love about the craft.
Focus on developing relevant content for your blog, and post the content regularly.
How much you can make: $2,000 — $600,000/month
How long does it take to build: 30 days (?)
For example, Tarah Wolff started Grandmas House DIY in 2015.
They spent a total of $1K to get the craft business blogger up and running.
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.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.