28 Best Business Ideas For Pharmacists
Interested in starting a business as a pharmacists in 2024?
If managed well, building a business as a pharmacists could be more lucrative than employment. So, which are the best business ideas for Pharmacists?
We put together 28 of some of the best pharmacists business ideas you can start in today.
For each business idea, we'll show you real-world examples of other pharmacists businesses to help you see what it takes.
Here's the full list:
1. Start a skin care product line ($110K/month)
As a Pharmacist, delving into the skin care product line could be a highly lucrative side business or even a full-time venture. The skincare industry is booming, valued at 130 billion USD in 2021, with a projected annual growth rate of 4.6% up to 2030. This growing market offers a substantial opportunity to utilize your expertise in understanding pharmacology and dermatology to create effective and safe skincare products.
You could leverage your medical knowledge to formulate unique, scientifically-backed, and specialized products that stand out in a crowded market. By focusing on anti-aging solutions, where consumer interest is particularly robust, you can carve a niche for yourself and differentiate your offerings. Your background provides credibility and trust, allowing you to market high-quality, efficacious products that your customers can rely on.
How much you can make: $300 — $1,000,000/month
How long does it take to build: 180 days (?)
Two moms start a side hustle selling all-natural body products, doubling sales since their launch in 2017 with over 75 craft shows, promoting a non-profit source for their shea butter and self-promotion through podcasts, lining up retail interest from exposure.
2. Start a supplements company ($392K/month)
As a pharmacist, starting a supplements company could provide a seamless opportunity to leverage your extensive knowledge of medications, physiology, and health trends into a thriving side business. You could develop and sell dietary supplements, vitamins, protein powders, and health foods, satisfying the increasing demand from fitness enthusiasts, health-conscious individuals, and wellness influencers. By doing so, you open up avenues to supplement your income and apply your expertise in a rapidly growing industry.
Furthermore, launching a supplements brand is relatively inexpensive and offers the flexibility to operate from home, making it an ideal venture for entrepreneurial-minded pharmacists. Your credibility as a healthcare professional would lend significant trust and authority to your brand, positioning you uniquely to compete in the market.
How much you can make: $1,000 — $3,500,000/month
How long does it take to build: 200 days (?)
A military officer turned entrepreneur built sports nutrition brand Bare Performance Nutrition from $15,000 in year one to on track to generate $6m in revenue this year, leveraging social media platforms and creating interactive, relatable and valuable content to create a community and a brand voice.
3. Make a body care products ($44.3K/month)
Starting a body care product line could be a great entrepreneurial endeavor for a pharmacist, allowing you to leverage your expertise in healthcare and chemical compounds. With your strong background in pharmacology, you could create high-quality soaps, lotions, and scrubs that are both effective and safe for consumers, making sure they comply with necessary safety standards.
The demand for self-care and natural products is on the rise, and you could cater to this growing market by incorporating eco-friendly packaging and unique, health-focused formulations. Online platforms like Etsy or your own website would enable you to reach a broad audience without the need for a costly physical storefront.
If you enjoy creating tangible products that improve people's well-being, a body care product line might be the right move. By combining your pharmaceutical knowledge with entrepreneurial spirit, you could turn this venture into a beloved brand.
How much you can make: $300 — $200,000/month
How long does it take to build: 105 days (?)
Heliotrope San Francisco is an all-natural skincare line that started as a small shop in the Bay Area over ten years ago, choosing slow, sustainable growth, and expects to earn approximately $250K in sales this year.
4. Start a cannabis business ($272K/month)
As a pharmacist, you could leverage your extensive knowledge of medicinal chemistry to start a cannabis business, potentially tapping into the rapidly growing market for medical marijuana. The legal marijuana sales are projected to reach $22 billion by 2022, presenting a lucrative opportunity in an industry with significant growth potential. By understanding the therapeutic benefits and safety profiles of cannabis, you could provide added value to consumers looking for knowledgeable guidance and quality products.
You could also explore specialized niches within the cannabis industry, such as developing pharmaceutical-grade cannabis products or consulting services for patients navigating medical marijuana treatments. Your professional background lends credibility and expertise that can differentiate your business from others in the market. In the burgeoning cannabis sector, your unique skill set could lead to diverse entrepreneurial possibilities and substantial supplemental income.
How much you can make: $2,500 — $3,100,000/month
How long does it take to build: 120 days (?)
Plain Jane, an online CBD company founded by two college roommates, offers unique products and has generated over $20K a month in sales within five months, attracting and retaining customers through social media, authentic stories, and content.
5. Start a therapy business ($74.8K/month)
As a pharmacist, starting a therapy business could be a complementary path that leverages your existing skills in patient care and medication management. Pharmacists possess a foundational understanding of health sciences, which can be an advantage when pursuing certifications and licenses required to become a therapist. You could explore various types of therapy, such as cognitive-behavioral therapy or addiction counseling, to align with your interests and expertise.
This venture could not only supplement your income but also allow you to build deeper, more holistic relationships with your patients. By offering therapy services, you could address their mental and emotional health alongside their physical well-being, providing a more comprehensive approach to care. This dual expertise can also set you apart in the marketplace, making your therapy services distinctly valuable.
How much you can make: $10,000 — $250,000/month
How long does it take to build: 120 days (?)
Professional cuddler, Sam Varnerin, developed her successful one-to-one cuddle service, Snuggle with Sam, as a result of recognising the universal human need for connection and touch, which also led to her opening Sam’s Snuggle School, a course for aspiring professional cuddlers.
6. Become a mindfulness coach ($18K/month)
As a pharmacist, you possess a unique understanding of the importance of managing stress and maintaining a balanced lifestyle, crucial aspects that you could leverage as a mindfulness coach. Your background in healthcare equips you with valuable insights into the physiological and psychological benefits of mindful living, such as relieving stress, lowering blood pressure, improving sleep, reducing chronic pain, and decreasing anxiety and depression, making you a credible and effective guide for clients seeking these benefits.
You could start by creating a website that outlines the mindfulness services you offer, such as meditation classes, stress management workshops, and personalized mindfulness sessions. Amplifying your reach through a blog and active social media presence will help raise awareness of your business, enabling you to supplement your income or even transition into a fulfilling side business. By merging your pharmaceutical knowledge with mindfulness techniques, you could provide a holistic approach to wellness that attracts a diverse clientele.
How much you can make: $500 — $40,000/month
How much does it cost to start: $7,500 (?)
How long does it take to build: 105 days (?)
Wandering Aunt founder Robin Finney shares her journey of starting a sustainable travel business, including her decision to leave her corporate marketing job of 11 years, using a simple website and free tools like Mailchimp to grow her email list and attract customers, and the importance of investing in a coaching program for support.
7. Become a massage therapist ($87.2K/month)
As a pharmacist, you might find starting a massage therapy business to be a complementary and rewarding venture. Your deep understanding of healthcare and wellness could uniquely position you to provide holistic care, merging pharmaceutical knowledge with physical therapy expertise. You could choose to operate independently from the comfort of your home or rent a massage studio on an hourly basis, giving you flexibility in managing your time and investment.
Entering the massage industry, which is continuously growing, offers opportunities to build a client base that values health and well-being. By applying your core business skills, you could create a thriving practice that meets an essential need in your community. Whether you’re seeking to supplement your income or embark on a new career, becoming a massage therapist could be an excellent choice that leverages your existing knowledge and passion for helping others.
How much you can make: $5,000 — $275,000/month
How long does it take to build: 100 days (?)
Professional cuddler, Sam Varnerin, developed her successful one-to-one cuddle service, Snuggle with Sam, as a result of recognising the universal human need for connection and touch, which also led to her opening Sam’s Snuggle School, a course for aspiring professional cuddlers.
8. Start a personal care products ($337K/month)
As a pharmacist, your expertise in formulations and understanding of ingredients positions you uniquely to enter the personal care products market. You could create high-quality skincare or haircare products that cater to consumers' growing desire for wellness and self-expression. Utilizing your knowledge, you could develop effective, safe formulas that stand out in niche markets such as organic, vegan, or cruelty-free products.
Starting with a few hero products allows you to test the waters and make adjustments based on customer feedback. Leveraging social media and influencer partnerships can significantly amplify your brand’s visibility and reach. With a focus on natural and sustainable living, there's a significant opportunity to make a meaningful impact while supplementing your income or transitioning into a full-fledged 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.
9. Start a health and wellness consulting business ($148K/month)
As a pharmacist, you possess a deep understanding of health and medications, making you an ideal candidate to start a health and wellness consulting business. You could help clients improve their overall well-being through better nutrition, regular physical activity, and effective stress management techniques. By leveraging your expertise, you could craft personalized wellness plans that align with each individual's unique needs and goals, ensuring they achieve healthier and more vibrant lifestyles.
This venture taps into a growing market of people eager to invest in their health, presenting a lucrative opportunity for entrepreneurial pharmacists. Although you don’t need a medical degree, obtaining certification and committing to continuous learning will enhance your credibility and effectiveness. With dedication and a passion for wellness, you could inspire and transform lives, all while supplementing your income or creating a full-scale business.
How much you can make: $100 — $1,000,000/month
How much does it cost to start: $3,000 (?)
How long does it take to build: 100 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.
10. Start an email marketing tool ($235K/month)
As a pharmacist with an entrepreneurial spirit, you could consider developing an email marketing tool tailored to the healthcare and pharmaceutical industry. By leveraging your professional knowledge, you could create specialized templates and campaign automation features that target various stakeholders, such as doctors, patients, and healthcare providers, aiming to improve medication adherence, provide health tips, or update drug information.
This tool could be particularly effective in educating and informing your audience, building trust, and generating leads for pharmaceutical products and services. With the email marketing industry expected to reach $2.53 billion by 2028, this venture promises substantial growth opportunities. Additionally, by offering niche-specific solutions that generic email marketing tools might lack, you could carve out a unique space in the market and create a steady stream of supplemental income.
How much you can make: $120 — $2,083,333/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 170 days (?)
H-supertools founder Hasan developed a set of free SEO and digital marketing tools generating $2k per month in profit using Google Adsense, affiliate marketing, selling ad spaces, and email, plans to launch a membership option, and has attained over 80k registered users and 300k monthly visits in less than two years.
11. Digital products ($261K/month)
As a pharmacist, you could leverage your extensive knowledge in the field to create information-based digital products like ebooks, courses, or webinars focused on pharmaceutical education, medication management, or patient care strategies. These resources could help other healthcare professionals stay updated on best practices, or assist patients in understanding their medications better. Given your expertise, you could identify unique niches and unmet needs in pharmaceutical education, making your digital products highly valuable and marketable.
Furthermore, digital products provide an efficient and cost-effective way to expand your business without the typical constraints of a brick-and-mortar setup. They are relatively easy to create and distribute, allowing you to generate passive income with minimal initial investment. From developing a medication tracking app to creating a membership site for continuous pharmaceutical education, the opportunities are vast and align seamlessly with your professional background.
How much you can make: $10,417 — $1,766,666/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 60 days (?)
FilterGrade is an eCommerce platform offering digital assets such as photo filters and video templates; attracting over 450,000 monthly users and generating approximately 30k a month, the founders worked hard to build a valuable marketplace for creators while focusing on digital marketing, partnerships, and content creation.
12. Start an AI-based business ($27.9K/month)
As a pharmacist, you could consider starting an AI-based business to supplement your income and open new opportunities. Leveraging AI in healthcare could revolutionize the way you provide services or streamline pharmacy operations. Imagine developing AI-driven tools that aid in prescription verification, drug interaction checks, or personalized patient care plans.
You could also create predictive analytics platforms to help forecast drug demand and manage inventory more efficiently. With a tech-savvy mindset, you could be at the forefront of implementing AI solutions that not only enhance patient outcomes but also drive innovation within the pharmacy sector. The possibilities are vast, setting the stage for significant growth and impact in your field.
How much you can make: $100 — $200,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 40 days (?)
LowCode Agency uses no/low code tools to build custom-made apps at 80% lower cost and 70% faster than traditional app development agencies, growing double digits every month and targeting $150,000 in sales in their first year.
13. Start an ai based business solution ($55.8K/month)
As a pharmacist, starting an AI-based business solution could provide you with an excellent opportunity to supplement your income or even transition into a new entrepreneurial venture. AI technology can significantly enhance efficiency in pharmacies by optimizing aspects such as inventory management, customer service, and personalized marketing. You could develop or implement AI tools that automate mundane tasks, predict prescription trends, and provide personalized health insights to customers, thereby improving overall service quality and operational efficiency.
The demand for AI solutions is growing rapidly, and businesses are increasingly recognizing the competitive edge these technologies can offer. You don’t need a tech background to get started; many AI platform providers offer user-friendly interfaces and robust support systems. By leveraging your pharmaceutical expertise and combining it with cutting-edge AI technology, you could create a unique, high-impact business that stands out in the healthcare industry.
How much you can make: $4,000 — $120,000/month
How long does it take to build: 125 days (?)
Mikkelsen Twins grew an online education company from scratch with over 800 students, making over 6-figures in profit every month thanks to their successful program, Audiobook Income Academy 2.0.
14. Start an AI SaaS business ($39.3K/month)
As a pharmacist with an entrepreneurial spirit, you could dive into the burgeoning field of AI SaaS (Software as a Service) by offering cutting-edge technology solutions without the need for extensive infrastructure. Imagine building cloud-based software powered by artificial intelligence that businesses can subscribe to, streamlining their operations with tools like natural language processing or predictive analytics.
By designing and deploying these applications, you could tap into a sector ripe with demand and innovation. Companies pay to use your software, eliminating their need to develop such technologies in-house. While starting this business requires skills in AI and software development, the significant payoff and scalable nature of an AI SaaS enterprise could make it a highly rewarding venture for a tech-savvy and vision-oriented pharmacist.
How much you can make: $150 — $200,000/month
How much does it cost to start: $2,750 (?)
How long does it take to build: 20 days (?)
NotionForms, a SaaS company offering a form builder integration to Notion, boasts an impressive total of 26k users, 850 paid subscribers, and an ARR of $182k, with steady growth since its launch and being used internally by many huge tech companies.
15. Start a travel youtube channel
Starting a travel YouTube channel could be an exciting and lucrative side business for pharmacists. As a pharmacist, you have the unique opportunity to explore and share health-related travel tips, whether it's finding the best pharmacies abroad, travel healthcare essentials, or medical tourism hotspots. Additionally, you could highlight how different regions handle healthcare, providing your viewers with valuable insights while also positioning yourself as a travel and healthcare expert.
You could monetize your channel through ads and sponsorships or use it to promote a related business such as a travel consultancy focused on health and wellness trips. To start, invest time in researching your niche and the type of content that resonates with your target audience, and ensure you have the right equipment for high-quality video production. This can help you turn your passion for travel into a profitable venture that complements your career in pharmacy.
16. Start a lead generation service ($287K/month)
If you’re a pharmacist with a flair for data analysis and digital marketing, starting a lead generation service could offer a lucrative side business. As a lead generation specialist, you would create strategies and campaigns to identify potential customers and convert their interest into actionable leads for various companies, including those in the healthcare sector.
The growing need for effective lead generation services in today's digital age presents an excellent avenue for supplementary income. Your background in pharmaceuticals can give you a niche advantage, as you could target healthcare businesses that often require high-quality leads. This business venture not only supplements your income but also leverages your existing knowledge, making it a relevant and potentially profitable opportunity.
How much you can make: $4,000 — $1,600,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 90 days (?)
Stackmatix achieved $20k MRR in under two years by providing integrated digital marketing solutions for businesses, from start-ups to Enterprises, with a holistic, consultative approach, and currently they're pacing towards their goal of $50k MRR in another six to twelve months.
17. Become a life consultant
As a Pharmacist, you could leverage your extensive knowledge in health and wellness to become a life consultant, aiding clients in achieving their personal and professional goals. Your background in the healthcare field equips you with unique insights into the impacts of lifestyle choices on overall well-being, enabling you to offer valuable, evidence-based guidance.
By starting a life consulting side business, you could supplement your income while pursuing a passion for helping others beyond the confines of a pharmacy. The interpersonal skills you’ve developed through patient interactions can also be a significant asset, allowing you to connect with clients on a deeper level and assist them in overcoming their obstacles.
How much you can make: $150,000/month
How much does it cost to start: $470 (?)
How long does it take to build: 360 days (?)
How one founder grew their business, EMDR Consulting, from a one-person operation to one of the largest EMDR training organisations in the US, annually conducting over 150 EMDR basic training courses a year teaching over 1500 mental health professionals how to integrate EMDR into their clinical practice.
18. Start an educational blog ($63K/month)
As a Pharmacist, starting an educational blog could be an excellent way to supplement your income and share your expertise with a broader audience. By creating a niche blog focusing on medication management, disease prevention, and pharmaceutical care tips, you could provide valuable information to both patients and fellow healthcare professionals. Leveraging free platforms like WordPress or YouTube, you could start on a budget and gradually build your audience.
Consistency in posting high-quality, informative content would be key to attracting and retaining visitors. As your blog gains traction, you could monetize your efforts through affiliate marketing, promoting healthcare products, or even selling digital products such as eBooks or online courses. By effectively promoting your blog on social media and utilizing SEO techniques, you could transform your specialized knowledge into a thriving side business.
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 (?)
A one-man business teaching people how to use Microsoft Excel effectively has gone from getting ~15k pageviews a month in 2014, to more than one million pageviews every month as of today, generating an average monthly revenue of ~$10,000, with the majority of the money coming from online course sales and a newsletter, which has 40k+ active subscribers.
19. Start an airport cleaning business
Starting an airport cleaning business could be a strategic move for a pharmacist seeking to supplement their income or transition into a side business. Given the high foot traffic and stringent hygiene standards expected at airports, there's a steady demand for quality cleaning services, ensuring a consistent revenue stream. As a pharmacist, your attention to detail and rigorous adherence to cleanliness and sanitation protocols are strong assets that could give you a competitive edge in this industry.
Additionally, managing an airport cleaning business could offer you time flexibility, allowing you to balance both your pharmaceutical career and entrepreneurial pursuits. You could leverage your existing network and knowledge of health-related regulatory requirements to establish a credible and reliable cleaning service that stands out in a crowded market. With the right marketing and a focus on impeccable service, this venture could potentially grow into a full-fledged business.
20. Start a startup instructing business ($28.4K/month)
As a pharmacist, you could leverage your extensive knowledge and experience in the healthcare industry to start a startup instructing business. This would involve guiding new entrepreneurs or small businesses on fundamental aspects such as business planning, marketing strategies, and overall direction for success within the healthcare sector. Your unique insight into this specialized field would be invaluable for clients looking to navigate regulatory environments, establish credibility, and optimize operational efficiencies.
By focusing on a niche related to healthcare or pharmacy, you could differentiate your services from general business consultants. Start on a budget by identifying your strengths and creating a basic website or social media profiles to market your expertise. Offer your services at an affordable rate initially, 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 (?)
GrowthMentor, a platform connecting vetted growth mentors for one-on-one calls, founded by Fotis Panagiotakopoulos, has had over 2,500 mentorship calls booked to date and has seen success in using word of mouth, content marketing, and leveraging other people's networks as the primary drivers of customer acquisition.
21. Start a niche accessories brand ($196K/month)
Starting a niche accessories brand could be a lucrative side business or primary venture for a pharmacist looking to supplement their income. The profit margins in this type of business are often quite high due to significant product markups, providing an attractive avenue for entrepreneurial pharmacists. You could set up a small online store on platforms like Etsy or marketplace sites such as Amazon, Facebook, and eBay, leveraging your business acumen and inventory management skills gained from pharmacy.
Given that the niche market for custom accessories is expected to nearly reach $473.46B by 2020 and continues to grow robustly, this area offers substantial opportunities. You could specialize in a range of products including jewelry, handbags, small leather goods, house decorations, and fashion accessories. This approach allows for creativity and capitalizes on the strong market demand, making it a promising venture for a pharmacist with an entrepreneurial spirit.
How much you can make: $200 — $1,500,000/month
How much does it cost to start: $600 (?)
How long does it take to build: 75 days (?)
Two friends started an online book club that now has 570 members and generates £10,500 MRR, by addressing the problem of 'Tsundoku,' charging a monthly subscription fee for one non-fiction book, one inspiring meetup, and one custom cocktail, inspiring conversation and community.
22. Start a jewelry product ($167K/month)
If you’re a pharmacist with an entrepreneurial spirit, starting a jewelry business could be a great way to supplement your income and tap into your creative side. By designing and selling custom or unique pieces of jewelry, you could showcase your artistic talent and cater to a market that appreciates individuality and craftsmanship.
To get started, all you need is a basic set of tools, an eye for design, and materials like gemstones, metals, and beads. Online platforms like Etsy or your own e-commerce site can help you reach a broad audience without requiring the overhead of a physical store.
Marketing your products through social media platforms like Instagram could attract fashion-forward customers and build a loyal customer base, especially if you offer limited-edition or personalized pieces. With some creativity and effort, a jewelry business could transform your passion into a profitable sideline or even a full-time venture.
How much you can make: $5,000 — $415,000/month
How long does it take to build: 200 days (?)
Taylor & Hart CEO Nikolay Piriankov tells the story of the company's journey from a diamond trading business to an award-winning, disruptive e-tailer of custom-designed, ethical engagement rings and fine jewelry, offering a bespoke design service through specifically developed technology online and instore, and growing to £4-6M in annual revenue.
23. Start a massage parlour business ($89.1K/month)
Starting a massage parlour business as a pharmacist could offer a unique opportunity to diversify your income while leveraging some of the skills and knowledge you already possess in the healthcare field. With your understanding of anatomy, physiology, and patient care, you could oversee a facility that emphasizes therapeutic benefits in addition to relaxation, giving your parlor an edge in holistic wellness.
You could use your expertise to curate specialized treatments, blending traditional massages, like Swedish or deep tissue, with more specialized techniques akin to your medical background, such as reflexology. Additionally, your familiarity with local health regulations and licensing requirements will be a significant advantage when navigating the permits and certifications needed to start this business.
Moreover, combining your pharmacist credentials with a well-promoted massage parlour can enhance your credibility and attract health-conscious clients. This side business could easily complement your primary career by offering flexible hours and the potential to hire skilled massage therapists who can operate the parlor during your pharmacy shifts.
How much you can make: $11,300 — $250,000/month
How long does it take to build: 70 days (?)
Founder of a high-end escort service in The Netherlands discusses the ups and downs of running a controversial business, with revenue reaching multi-million dollars annually and a focus on creating a professional and intimate experience for clients.
24. Start a dog clothing line ($8.5K/month)
Launching a dog clothing line as a Pharmacist could be a lucrative and fulfilling side venture, allowing you to combine your scientific expertise with creativity and entrepreneurial spirit. With pet humanization trends on the rise, many pet owners are increasingly inclined to spend money on stylish and functional outfits for their dogs, ensuring both comfort and fashion. This growing market offers the perfect opportunity to create a niche brand that caters to these demands.
Diving into this business involves activities like designing dog clothes, sourcing quality materials, and possibly partnering with manufacturers to produce high-quality garments such as coats, sweaters, and rain gear. Armed with a methodical approach from your pharmaceutical background, you could streamline operations and ensure your products meet the highest standards of quality and comfort. By keeping abreast of current trends and understanding market needs, you could establish a cherished brand that resonates with pet owners everywhere.
Not only would this side business supplement your income, but it would also offer a rewarding outlet for your creativity and passion for pets. If you've ever dreamed of branching out beyond the pharmacy and venturing into the world of pet fashion, now is the time to take the plunge and start a dog clothing line.
How much you can make: $4,000 — $13,000/month
How long does it take to build: 360 days (?)
Two friends started an online book club that now has 570 members and generates £10,500 MRR, by addressing the problem of 'Tsundoku,' charging a monthly subscription fee for one non-fiction book, one inspiring meetup, and one custom cocktail, inspiring conversation and community.
25. Start a travel agency ($174K/month)
If you're a passionate traveler with a knack for entrepreneurship, starting a travel agency could be an exciting side business or even a new career path. By leveraging your organizational skills and attention to detail, you could help travelers find the best accommodations, transport options, and tours, all while earning extra income on the side.
The process of starting an online travel agency is more accessible than it appears. With proper market research, essential certifications like an IATA number, and effective marketing strategies, you could create a streamlined service that provides significant value to your clients. By negotiating discounts with service providers and setting competitive prices, you could maximize your earnings while offering memorable travel experiences.
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.
26. Start a mobile hair salon
As a pharmacist, starting a mobile hair salon could be a unique and lucrative way to supplement your income. With your existing knowledge of health and hygiene, you could provide a safe and sterile environment for your clients. The increasing demand for mobile services means you could capitalize on the flexibility to work around your existing schedule, offering hair services at a premium for convenience.
Taking the entrepreneurial route, you'd need to plan your business, register it, and secure the necessary permits, licenses, and certificates. Once set up, purchasing the needed materials and supplies would be essential. Finally, connect with clients and promote your business to establish a steady stream of customers. This could allow you to diversify your income sources while leveraging your health-focused expertise.
How much you can make: $30,000/month
How much does it cost to start: $3 (?)
How long does it take to build: 60 days (?)
Natural Girl Wigs is a 7-figure business, reaching six-figures just six months after launch, by creating Afrocentric extensions and protective styles catering to black women all over the world, with strategies including Instagram and Whatsapp, viral word-of-mouth, and targeted Facebook ads and email marketing.
27. Start a credit card business
Starting a credit card business could be a promising venture for entrepreneurial-minded pharmacists. By stepping into the financial services sector, you could offer credit cards to consumers and businesses, earning revenue through interest rates, fees, and partnerships. Given the increasing reliance on credit for everyday transactions and major purchases, this business model has high revenue potential and a steady customer base.
If you’re detail-oriented and skilled in managing financial products, you could successfully navigate the regulations, secure initial funding, and establish partnerships with payment networks and banks. While the work involved, such as building a strong brand and employing advanced fraud detection systems, is significant, the rewards can be substantial. This venture offers a unique opportunity to leverage your analytical skills and precision as a pharmacist into a lucrative financial business.
How much you can make: $24,000/month
How long does it take to build: 730 days (?)
Miguel Quintas launched a "Buy now. Pay later" business called Parcela Já, offering up to 12 interest-free installments for end consumers, which now has over 400 retail shops using the system and thousands of transactions.
28. Become a mobile app builder ($153K/month)
As a pharmacist with an entrepreneurial mindset, you could consider developing a mobile app builder as an innovative side business. By leveraging your existing coding skills, you could create a platform that allows healthcare professionals, small businesses, and other non-coders to design, customize, and publish mobile apps effortlessly. This is particularly relevant given the growing demand for mobile solutions in the healthcare industry and beyond.
Your mobile app builder could cater to specific niches like medication management, patient education, or telehealth services, providing unique value propositions to your users. With a strong focus on user-friendly design, robust features, and ongoing support, you have the opportunity to tap into a vast and eager market. This venture not only supplements your income but also positions you at the forefront of a burgeoning industry ripe with possibilities.
How much you can make: $7,500 — $700,000/month
How long does it take to build: 90 days (?)
Imaginovation, a technology and app development company in Raleigh, NC, was recently named one of the Top Technology Companies in North Carolina by Clutch and has grown an average of over 40% in revenue every year since it was founded in 2011 by co-founders Michael Georgiou and Pete Peranzo.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
