The 32 Best Business Ideas To Start In Guatemala [2024]
Interested in starting a business in Guatemala in 2024?
We put together 32 of the best businesses you can start in Guatemala today.
In this list of ideas, you can find:
- Home-based businesses to start in Guatemala
- Profitable online business ideas
- Unique business opportunities for Guatemala
- Low investment business ideas (under $5k to start)
- Easy businesses you can start in Guatemala today
For each business idea, we’ll show you real-world examples, revenue expectations for each idea, + a step-by-step on how to start your small business in Guatemala.
Here's the full list:
1. Create an online course
An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.
As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.
With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.
For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.
How much you can make: $275 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 88 days (?)
Diego launched Markeko, a blog helping people pass Facebook Blueprint Certification exams, generating $4K a month and having a community of over 11K members, using a lean launch strategy and focusing on building and retaining a community.
2. Start a niche web design business
Niche web design business focuses on a specialized market such as law, home improvement, videography, fashion, etc. typically, when a web designer niches down their services, they are simply choosing to concentrate on one industry and create websites for businesses within the particular niche. To become a niche web designer, consider honing the following skills and personal qualities:
- Visual design, HTML, CSS, JavaScript
- Strong communication skills
- Analytical thinking and problem-solving skills
- Teamwork and research skills
- Attention to detail
Narrowing your focus to a particular niche gives you a higher chance of becoming a recognized expert and places you in a better position to charge more for your services.
How much you can make: $200 — $200,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 50 days (?)
Never Settle, a digital agency with over 1,000 completed projects and a focus on lean methodology and building relationships with clients, has made a name for itself in the eCommerce space, offering comprehensive solutions to businesses of all sizes while maintaining consistent and moderate growth.
3. Start a SEO agency
An SEO agency is a company that provides search engine optimization services to businesses. The function of an SEO agency is to help businesses rank higher in search engines through organic or paid means.
SEO is a rapidly growing industry, with experts across all aspects of the field already making six-figure incomes and expecting to see these earnings grow dramatically over the next few years. Getting into SEO today, before it gets too saturated, will allow you to establish a strong base in a new career, with an excellent chance for success.
It’s easier than ever to start your SEO agency in Guatemala. The tools are there, and the competition isn’t as stiff as it used to be. If you’re considering starting an SEO or digital marketing agency, it might be a good idea to learn how other digital agencies succeed.
How much you can make: $1,000 — $1,800,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Rankings.io is a hyper-focused SEO agency that helps elite personal injury law firms dominate first page rankings and was ranked #858 in the Inc. 5000 list of the fastest-growing companies in America for 2018, with a current revenue just under $300,000 per month, with plans for a record-breaking year.
4. Start a freelancer platform
Freelancer platform is a place where people come with skills and services to offer and people come who need those skills and services. So we can say freelancer platforms are a marketplace for sellers and buyers of services and skills.
The freelancing industry is growing rapidly and it's becoming a popular career option for people who are "non-traditional" employees. The global Freelance Platforms market size is expected to reach $6.7B by the year 2025. While working on a full-time job, freelancers simultaneously work on a freelance career. The platforms available online help them to increase their business by attracting new clients.
With all of the businesses looking for help on their websites, it would be a good idea to start a freelancer platform. Freelance platforms do well because people have jobs that need to be done and businesses have the resources to pay for the job at hand.
How much you can make: $1,000 — $5,000,000/month
How much does it cost to start: $6,100 (?)
How long does it take to build: 100 days (?)
CloudDevs, a tech talent platform that sources and vets freelance tech talent and matches them with companies, has achieved $1 million in GMV in its first year, plans to achieve 100% growth year on year, and focuses on customer loyalty through its Net Promoter Score metric.
5. Become a proofreader
Proofreading business is a service that helps customers review their written work and ensure it is ready for publication. Typically, a proofreader corrects grammatical errors and provides the written piece meets any relevant style guide.
As a proofreader, you can work online, allowing you to choose what time to work.
If you plan to start a professional proofreading business in Guatemala, make sure you possess the following skills:
- Have an excellent grasp of grammar
- Ability to correct mistakenly capitalized words
- Familiarity with the proper use of capitalization
- Use spell-checkers to flag misspelled words
Proofreading is a great way to enhance content quality. With the increased use of written content marketing to reach a broader market, the demand for professional proofreaders has grown tremendously. Professional proofreaders earn an average of $12/hr. And $30/hr.
Therefore, consider proofreading as a business if you are looking for a great side hustle idea or simply looking for ways to increase your income.
How much you can make: $2,000/month
A proofreader was able to build a consistent income of ~$2,000 per month from scratch with zero experience in the field, no expenses, and barely any upfront costs by targeting bloggers and content creators who want their content to be copy edited and proofread.
6. Start an online video editing business
Video editors manage camera footage, dialogue, sound effects, graphics, and special effects to produce the final film or video product. To become an online video editor, you must have media production and communication knowledge and the ability to work with others.
To start a video editing business, you can outsource video editing skills from an experienced professional. Your role will be to pick video footage from the customers and upload them for the video editor to do the magic.
How much you can make: $2,000 — $100,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 180 days (?)
VEED.IO, a London-based start-up co-founded by Sabba and her partner, offers a simple online video editing platform using batch job cloud architecture to help social media managers across the world auto subtitle, filter, rotate videos and much more, earning the company $5,300 MRR and the founders Ramen profitability within just a year of starting.
7. Start a podcast agency
A podcast agency builds and promotes podcasts for other businesses. The podcast agencies develop strategies for making the client's podcast a success.
If you plan to start your own podcast agency, you may offer full podcast services or identify a niche and focus on it. Options include:
- Podcast production agency - Creates audio content for podcasts
- Podcast advertising agency - Advertise on podcasts
- Podcast editing agencies - Edit podcast episodes
- Podcast marketing agencies - Build podcasts to market the business or market businesses through other podcasts.
- Podcast booking agencies - Booking podcasts guests.
- Podcast promotion agency - Promote podcasts.
Building and growing a podcast requires some level of skills and expertise that many businesses may lack. Thus, they hire a podcast agency to help in all or particular aspects of podcast building and marketing.
How much you can make: $5,000 — $30,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 48 days (?)
Fame's founder, Tom Hunt, shares how he started a $17k/month podcast growth service for B2B SaaS and service businesses, and provides insights on how he grew the business to $20k MRR and his plans to hit $50k MRR by the end of 2021 through prioritizing revenue and customer satisfaction.
8. Start a travel agency
Are you a passionate traveler with entrepreneurial skills? Then starting a travel agency can be a great career choice for you.
As a travel agency, you'll be responsible for linking travelers to providers of all the travel and tourism-related services such as accommodation, transportation, sightseeing, tour guides, local adventure, etc.
Starting an online travel agency is a lot easier than you might think. You'll need to perform market research, get a few necessary certifications (such as your IATA number), study competition, build a website, and do proper marketing.
To maximize earnings, negotiate discounts from the industry service providers, and charge travelers within the market rate.
How much you can make: $1,000 — $1,500,000/month
How much does it cost to start: $1,250 (?)
How long does it take to build: 90 days (?)
Marissa Daniels runs a successful travel agency, Spread Your Wings Travel, that hit $100,000 in sales within a year of launch and provides payment plan options for its all-inclusive vacations, and she hopes to help 100 families supplement their income through the business.
9. Start a blog
In recent years, blogging has become a highly sought-after & lucrative Business. This location-independent business is a creative outlet to reach a broader audience and even work at any time. According to Optinmonster’s list of blogging statistics and facts:
- Blogs have been rated as the 5th most trustworthy source of gathering online information.
- 77% of internet users read blogs.
- Each month, approximately 409 million people view more than 20 billion pages.
Originally blogging started as an online journal, but today it is a highly profitable career option. Many people are choosing blogging as their full-time career and are earning their bread and butter from this profession.
If you want to start blogging as a side hustle or as a full-time profession, choose a niche you will enjoy writing about and have a content strategy ready. Then, create a mailing list, and decide on a good blog posting routine to keep your audience engaged.
How much you can make: $100 — $650,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
10. Start a cleaning business
Starting a cleaning business is an excellent opportunity to be your boss and make money doing what you love. This business is relatively easy to create and does not require much equipment or funds.
There are many cleaning services, so deciding what services (or combination of services) you will offer and what hours of the day or week those services will be available is essential.
To start cleaning service in Guatemala, you’ll want to consider investing in professional cleaning equipment such as a vacuum cleaner, a quality mop, and a good cleaning bucket. You will also need to buy environment-friendly cleaning products such as detergent, bleach, paper towels, and trash bags.
How much you can make: $2,000 — $708,333/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 90 days (?)
MaidThis®, launched by Neel Parekh in Los Angeles with just one cleaner in 2013, has achieved over $10 million in total revenue by focusing on cleaning Airbnbs and vacation rentals, thanks to its successful remote business model and new-age marketing tactics, and has now launched MaidThis Franchise to expand the business further.
11. Start a dropshipping business
Dropshipping is a business model where you sell products to customers without holding inventory.
Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.
To start a dropshipping business on a budget, choose a niche or category of products you want to sell.
Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.
Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.
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.
12. Start a food delivery business
In today’s busy lifestyles and schedules, cooking is no longer a priority to many. People like to order-in food from their nearest restaurants or food joints and enjoy a meal in the comfort of their homes.
The food delivery business is like a courier service through which restaurants deliver food to their customers.
You can offer retail food delivery services to restaurants within your locality if you have a truck. Customers order through a restaurant or grocer’s website, and the owners contact you to deliver.
How much you can make: $14,000 — $1,800,000/month
How much does it cost to start: $3,500 (?)
How long does it take to build: 90 days (?)
Food Fleet grew over 160% in just one year and managed over 20 million in sales for its clients, securing multiple contracts with the likes of Sodexo, Levy Restaurants and more, due to its understanding of catering client needs and its advanced turnkey and design services.
13. Start a consulting business
Consulting businesses are booming, more so than ever before, and seeing year-over-year growth. With an accumulated value of about $250B, the global consulting industry is one of the biggest markets within the professional services sector.
If you want to start your own consulting business with valuable insights from industry experts, reading about their entrepreneurial journey will help you decide how you should go about it.
How much you can make: $100 — $1,666,667/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.
14. Start a coffee brand
Imagine serving coffee lovers with a unique brand they can't resist. Starting your own coffee brand allows you to create distinct flavors and blends that tell a story.
This business involves selecting high-quality beans, developing a brand identity, and marketing your coffee to a dedicated audience. It requires effort in sourcing quality beans, managing inventory, and building relationships with suppliers and buyers.
For those passionate about coffee and ready to invest time in crafting an exceptional product, this can be a deeply rewarding venture. By blending creativity with business smarts, you can brew a brand that stands apart in the crowded coffee market.
Ready to wake up and smell the opportunity? Dive into the world of coffee entrepreneurship and create a brand that caffeinates the masses.
How much you can make: $2,000 — $150,000/month
How much does it cost to start: $7,000 (?)
How long does it take to build: 150 days (?)
Latvian coffee roasting company grew from a team of 2 to 13, with a current monthly turnover of €80k, driven by word-of-mouth marketing, sustainable practices and developing accessible products for the specialty coffee market.
15. Become a software developer
A software developer is a person who creates computer programs. They design, test, and oversee the creation of software for a variety of purposes including businesses, personal use, or social networking.
If you have strong technical skills and experience in programming, you can start a software development business. You should also have a good understanding of how the software works.
The average salary for software developers is $110,140. The best-paid 25 percent earn an annual income of up to 140K dollars while the lowest-paid workers make just under 84K dollars.
The recent trends in software development are moving towards mobile apps and cloud-based solutions. Businesses are providing a variety of programming languages and tools to create software that meets the client's needs.
Starting a software development company is the perfect way to explore in this exciting industry. This type of business is growing in popularity as businesses are looking for ways to offer their customers a convenient way to access their data and applications.
How much you can make: $500 — $350,000/month
How long does it take to build: 100 days (?)
SkyVerge, a software company, has grown rapidly with revenue of $350,000 per month, over 100,000 eCommerce customers, and a globally distributed team of 30 people, all through starting with consulting projects and building focused and solutions-based products, acquiring small products from other developers, and focusing largely on content marketing and providing excellent customer support.
16. Start an online advertising agency
An online advertising agency helps businesses promote their products or services on the internet.
To start this business on a budget, first learn the basics of digital marketing through free online resources.
Create a professional website and set up profiles on social media platforms to showcase your skills.
Build a portfolio by working on mock campaigns or offering discounted services to friends and family, and gradually market your services to attract clients.
With dedication, you can grow your agency over time.
How much you can make: $10,000 — $1,250,000/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 60 days (?)
Iman Gadzhi made over $1.2M in profit within two years with his social media marketing agency and education company, where he teaches entrepreneurs how to start and scale a profitable SMMA, with over 45 of his students making over six figures with their SMMA, and over 300 students having quit their regular jobs.
17. Start a craft business
If you have artistic passion and the skills to make unique art, consider starting a craft business. Craft businesses make jewelry, clothing design, card making, painting, sculpting, ceramics, among others.
According to research, the global handicraft market size will reach over $1252 billion in the next decade.
The best websites to sell your crafts include:
How much you can make: $1,000 — $80,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 30 days (?)
A patch embroidery business based in New York City has grown to earn $6,500 per month on average within 18 months of starting, thanks to no custom embroidered minimum patches and a strong Instagram presence, with a future focus on B2B customers.
18. Start a tourist guide business
There's no denying the profitability of a tourism business. If you know the state and cities well, starting a tour guide business can be a very lucrative idea. All you need is a license, and you can soon start working as a tour guide.
Listed are the steps on how to start a tour guide business.
- Register your tour guide name business
- Obtain necessary licenses
- Open a bank account for business transactions
- Organize your business operations
- Start to promote and get clients
How much you can make: $200 — $54,000/month
How much does it cost to start: $3,000 (?)
How long does it take to build: 80 days (?)
Serial entrepreneur Nico Jacquart shares how he and his partner validated and grew a global food tour company with tours in more than 50 cities worldwide, experiencing year on year growth of 100%.
19. Become a business consultant
Business consultants serve as professional advisors who help companies achieve their goals or to streamline operations in a particular business area.
Business consulting is big business. Experts project the demand for consultants to keep increasing in the coming years. Therefore, becoming a certified business consultant can be rewarding.
To become a business consultant, you need a bachelor’s degree and expertise in a specific area. Are you ready to start your business consulting career and develop a professional network and web presence to help you connect with clients?
How much you can make: $1,500 — $1,500,000/month
How much does it cost to start: $1,600 (?)
How long does it take to build: 90 days (?)
This case study is about a founder who launched a paywall platform for content creators in 2019, bootstrapping it from $0 and eventually selling it for $3.5M on Flippa, with the platform generating between $125,000 - $142,000 in Monthly Recurring Revenue (MRR) on 95% margins.
20. Start a security dogs training business
Guard dog businesses are becoming very popular, particularly in areas that have high levels of crime.
First, you must identify the local dog owners in your area, which is easy to do with the help of social media sites, such as Facebook and Nextdoor. You can even offer to hold training classes at the local community center or park.
The first steps in setting up your guard dog business are to:
- Establish your LLC or business
- Get the Necessary Permits & Licenses for your Guard Dog Business
- Get Guard Dog Business Insurance
How much you can make: $8,000/month
As a side hustle turned full-time job, Mary Thompson's Happy Hound University dog training business brings in an average of $6,000 a month and growing, with her best month yielding over $12,000, largely due to personal referrals from vets, animal shelters, and other dog owners.
21. Start a healthy meal delivery service
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 (?)
Healthy Chew is a profitable weekly meal preparation service that grew from 200 to 10,000 weekly bowls in just over 3 years, with an overall sales figure of $1.8 million, achieved through effective branding and personalised customer service.
22. Start a personal care products
Looking to break into a thriving market with a personal touch? Personal care products might be your ideal business. From skincare to haircare and beyond, personal care products cater to a universal need for wellness and self-expression.
Launching this business involves sourcing high-quality ingredients, developing effective formulas, and creating an appealing brand identity. As consumers grow more conscious about what they put on their bodies, opportunities abound for niche markets like organic, vegan, or cruelty-free products.
Start small with a few hero products and grow based on customer feedback. Effective marketing through social media platforms and collaborations with influencers can amplify your brand’s reach. The personal care industry is not just about selling products; it’s about selling a lifestyle.
Considering the shift towards natural and sustainable living, there's a real chance to make a meaningful impact while building a profitable business.
How much you can make: $18,000 — $2,800,000/month
How long does it take to build: 150 days (?)
Bey Moss, an e-commerce platform selling sea moss-infused health and wellness products, made over $800,000 to-date with less than $10,000 overall in ads after validating the product idea through reviews and feedback and leveraging their social media following to build a Bey Moss community.
23. Start a beverage company
Are you thinking of starting a beverage or drink business?
Starting a beverage company can be a great way to combine your love of food and drink with a passion for entrepreneurship.
Beverage companies can make all sorts of different drinks, from juice to soda to beer. They can also sell other types of food products, like bottled water or snacks.
There are more and more drink options available today than ever before—and that means that beverage companies are constantly trying new things in order to stay competitive in this space! The more innovative they can be with their offerings, the better they'll be able to compete with one another
How much you can make: $500 — $12,000,000/month
How long does it take to build: 250 days (?)
BruMate is a successful insulated drinkware brand focused on the adult beverage community, with a flagship product that generated $2.1M in sales in 2017 and is now doing over $1.1M per month in sales, with plans to do $20M this year.
24. Start a telecommunications business
The telecommunication business involves the development, ownership, or operation of one or more telephone, telecommunications or information systems. Typically, telecom companies provide infrastructure to enable clients to transmit voice, video, and data.
To start a telecommunication business, you need telecommunication skills.
How much you can make: $150,000 — $840,000/month
How long does it take to build: 412 days (?)
United World Telecoms' founder saw explosive growth potential in the international callback industry and has since created a virtual phone system, partnered with over 2000 businesses worldwide, and uses Google Ads, SEO, and email marketing to promote customer satisfaction.
25. Develop an online survey tool
Online survey tools are a great way for businesses to gather customer feedback. They offer a convenient and cost-effective way to collect data from large groups of people. This service offers a variety of features, including a survey builder, a data collection tool, and a reporting system.
If you are interested in starting a business that helps businesses to gather customer feedback, then starting an online survey tool could be a great option for you. This business is growing in popularity as more businesses are using online surveys to collect data.
Typeform is a popular online survey tool that allows you to ask customers questions and get their feedback on the product. This can be used for many different purposes such as improving services or developing new products. Typeform told TechCrunch on the occasion of today’s funding announcement that its annual recurring revenue surpassed $70 million in 2021 after tripling over the preceding three years.
Building an online survey tool is a good business idea because there is a lot of demand for data collection. Businesses need to know more about their customers in order to be able to make better decisions.
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.
26. Start a youtube channel
For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. In addition, YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.
In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube's popularity to earn extra income.
If you want to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.
How much you can make: $800 — $1,000,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
27. Start a bread bakery
You’ve heard the term “breadwinner”, but did you know there is a growing market to bake bread, which could potentially make you a “breadmaker?” If you love baking but want to make extra money, consider a bread making business. The industry is flourishing and has tons of growing potential. On average, the typical U.S. resident consumes 37.4 pounds of bread annually. It is a small scale manufacturing business that can be started with little investment & from the comfort of your home.
How much you can make: $30,000/month
28. Start an online retail store
Starting an online retail store is straightforward. All you need is a computer, a domain, and a web hosting service. Then, determine a niche for your online store, and conduct product research before listing products.
You can start your online store based on a drop shipping business model or list your self-made products in your online store.
How much you can make: $400 — $1,000,000/month
How long does it take to build: 120 days (?)
A high school student turned his love for LEGO into a $1.6k/month business, Summerfield's Toys, by reselling sets online through eBay, BrickLink, and Facebook Marketplace, in addition to buying and reselling brand new sets.
29. Start an used electronics business
You can sell pre-used electronics online or set up a brick-and-mortar establishment. You can choose to specialize in a niche or sell everything from used computers, televisions, stereos, and gaming systems.
What is essential is researching the pre-owned electronics business. Set specific goals and limits for your business and work towards the goals. Find the niche that works best for you and explore it until you find success.
30. Build a medical app
Medical apps are an integral part of any physician’s practice. Doctors need access to the latest reference materials and advances in healthcare technology. You might have a lot of medical experience, but creating a medical app can be daunting if you don’t know about coding and app building.
The medical apps market is expected to reach $314.60B in 2028. The healthcare industry is sacrificing billions of dollars annually on paperwork, filing, and an inefficient system for sharing patient information. With today’s technology, healthcare professionals can streamline this process and will be able to keep track of their patient’s records through a secure information system.
How much you can make: $100,000/month
How long does it take to build: 365 days (?)
Conduct Science founder Shuhan He co-founded Qolty, a digital health software that tracks health and patient symptoms and provides electronic surveys for patients with geofencing capabilities installed on a patient's phone, used by practitioners at Children’s Hospital Los Angeles and shows promise with a 50% year-on-year growth target.
31. Start an ecommerce plugin
An e-commerce plugin is a piece of software that allows businesses to sell their products online. These plugins typically include features such as a shopping cart, payment gateway, or product catalog.
To build an e-commerce plugin, you need to be familiar with the different types of e-commerce platforms and have a good understanding of how to develop plugins. You may also need to have strong coding skills.
The demand for e-commerce plugins are growing as online stores are looking for ways to improve their processes. Plugins can help businesses add new features and integrations, and they can also help save time and money by automating tasks that would otherwise be done manually.
How much you can make: $117 — $54,999/month
How much does it cost to start: $6,000 (?)
How long does it take to build: 90 days (?)
SuperLemon, a WhatsApp plugin for Shopify eCommerce stores, crossed $29,000 in MRR as of July 2020, with 20,000 users from 50+ countries and 1700+ paying customers, all acquired through organic marketing strategies and a relentless focus on customer service and satisfaction.
32. Start a social media management business
Similar to virtual assistants, social media managers offer various services, including but not limited to:
- Developing a marketing strategy based on clients’ goals
- Setting up social media accounts
- Posting on behalf of their clients
- Coming up with strategies for increasing client’s social media following
- Marketing analysis.
To become a social media manager, know the various platforms and understand how they work so you can develop strategies that help clients reach their goals.
The beauty of working as a social media manager is that you can define your work schedule and choose what niches to work on.
How much you can make: $100 — $550,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
This case study is about how the founder of AdvertiseMint, a Facebook advertising agency, started the company with just one employee and has since grown it to 25 employees, managing close to $100 million in digital media buys for clients such as Coca-Cola and Viacom.
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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.
