49 Low Cost Business Ideas For 40 Year Olds (2024)
Are you in your 40s and interested in starting your own business?
You're not alone – many entrepreneurs decide to start a business or side project during this time in their lives.
At 40, many people feel a sense of urgency and ambition to pursue their entrepreneurial dreams. This can be triggered by a desire for greater independence, a passion project, or a shift in career priorities.
While the options may seem overwhelming, there are multiple business opportunities to choose from.
In this article, we’ve curated 49 profitable business ideas for people in their 40s.
Here they are:
1. Become a blogger
Are you looking for a business idea you can start from home? One great option to explore is to start your own blog.
With the flexibility of location independence, you can work on your blog from anywhere in the world!
What’s amazing about blogging is that anyone can start with just a computer and the internet! Besides, you don’t need any special talents or previous experience to start.
It’s an open field that welcomes anyone who has a passion for writing and sharing their thoughts with the world. The best part is that it can be one of the most rewarding passive income business ideas you can start.
How much you can make: $1,000 — $70,000/month
How much does it cost to start: $425 (?)
How long does it take to build: 30 days (?)
Explore 5 Blogger Success Stories
2. Become a youtube personality
YouTube personalities produce videos on YouTube and post them on their channels. YouTube personalities make money through the following:
- Advertising revenue - Ads revenue from the display, overlay, and video ads
- Channel Memberships – members earn recurring revenue in exchange for special perks they offer
- Merch Shelf – When channel fans browse and purchase official branded merchandise, you showcase it on watch pages.
- Super Chat & Super Stickers – Fans pay to get their messages highlighted in chat streams
- YouTube Premium Revenue – Get part of a premium subscriber’s subscription fee when fans watch your content.
You can start earning money through either or all of the above options, so long as you meet their YouTube-defined criteria and they are available in your location.
If you want to make money on YouTube, you must apply and be approved for the YouTube Partner Program, which gives creators greater access to YouTube resources and features.
How much you can make: $175,000/month
How much does it cost to start: $5 (?)
How long does it take to build: 34 days (?)
3. Sell e-books
An e-book business involves selling digital books online.
To start such a business, you would need to have a website or an online platform like Amazon Kindle Direct Publishing or Smashwords, where you can list and sell your e-books.
To sell e-books, you need to decide on the type of content and set up your listings. This involves creating a cover, writing a description, and selecting categories and keywords.
Promoting your e-books is another important aspect of running an e-book business. You can use social media and online marketing strategies to reach your target audience.
Offering promotions and discounts can also help you encourage sales and attract new customers.
How much you can make: $15,000 — $120,000/month
How long does it take to build: 180 days (?)
Explore 3 Sell E Books Success Stories
4. Start a career coaching business
A career coaching business involves providing personalized guidance, support, and strategy services to help clients navigate professional transitions and growth opportunities.
As a career coach, you design custom sessions to assist with resume building, interview prep, and workplace advancement goals tailored to each client’s aspirations.
With flexibility for in-person or virtual meetings, building a client base lets you empower breakthroughs through specialized advice and accountability.
Launching a coaching practice can be a great opportunity for those with speaking talents and human resources expertise to monetize their natural motivational abilities while setting their own schedule.
How much you can make: $1,000 — $235,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Explore 20 Career Coaching Business Success Stories
5. 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 (?)
Explore 64 Online Course Success Stories
6. Start a men's clothing line
Men’s fashion is an increasingly popular niche. Market research has revealed that the growth of the menswear market has outpaced that of the women’s market.
The market growth is likely credited to a cultural shift as more men focus on their appearances than before.
If you want to start a men-focused fashion line, 2024 presents the best opportunity. Men’s wear offers a wide variety of products, which increases the growth potential. To start a men’s clothing line, start by thinking about your clothing brand’s identity.
Then, identify the target market and understand what the customers want. The success of your men’s clothing brand depends on your marketing strategy.
You can reach a wider market with a mix of online and traditional marketing strategies.
How much you can make: $150 — $300,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 100 days (?)
Explore 16 Men's Clothing Line Success Stories
7. Become a financial advisor
A financial advisor helps people manage their money and reach their financial goals by providing personalized advice on investments and overall financial planning.
To start a business in this field, you should consider a solid financial background, relevant certifications, and good people skills.
Building credibility through education, gaining experience, and networking are key steps to success in the financial advisory business.
How much you can make: $5,600 — $2,000,000/month
How much does it cost to start: $6,550 (?)
How long does it take to build: 30 days (?)
Explore 11 Financial Advisor Success Stories
8. Start a journal brand
A journal is a newspaper or a magazine that covers a particular subject or a professional activity based on the author's thoughts and feelings. The beauty of journaling is there is no right or wrong way to start.
The approach depends on your personal experience and can take many forms.
Find a journaling habit that works for you and create a writing routine. Get creative and journal about anything that comes to mind, so long as it interests your target audience.
How much you can make: $200 — $150,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 105 days (?)
Explore 9 Journal Brand Success Stories
9. Start a white label SaaS platform
A white-label SaaS (Software as a Service) platform is a cloud-based software that enables businesses to improve their operations through customization and reselling.
This software typically includes scalable web applications with features such as scheduling, payment processing, and customer management.
By building white-label products, you can provide your technology to partners who can then distribute it under their own brand names.
This creates the potential for diverse revenue streams for both developers and their partners.
How much you can make: $25,000 — $100,000/month
How long does it take to build: 250 days (?)
Explore 7 White Label Saa S Platform Success Stories
10. Start a tour company
Starting a tour company is a great way to bring your love of travel to life. You can share your passion with others and help make their dream vacations come true!
There are many types of tour businesses, so choosing something you are passionate about and knowledgeable about is best. Here are a few of the most popular tour companies to start:
- Food & Drink Tours
- Adventure & Sporting Tours
- Sightseeing & Historical Tours
- Shopping Tours
- and many more!
It’s also essential to determine what mode of transportation you want for your tour company, as this will determine the initial startup costs needed for your company.
To get started, find out if you need a license to operate in your state. Some states require tour companies to be licensed, while others do not. If you are required to be licensed, talk with the licensing agency to find out what steps must be taken before you can apply for that license.
How much you can make: $3,750 — $500,000/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 90 days (?)
Explore 14 Tour Company Success Stories
11. Start an online reputation management business
An online reputation management business involves helping individuals and companies improve their digital footprints by curating positive web content.
As an online reputation consultant, you pursue search engine optimization and public relations strategies to mitigate damaging commentary.
With services ranging from blog outreach to social media cleanup, building an ORM firm lets you reclaim web narratives.
For PR-savvy founders seeking an accessible startup model, an online reputation venture allows you to monetize internet influence from anywhere while fueling a billion-dollar industry-spanning business and personal brands.
How much you can make: $710 — $550,000/month
How long does it take to build: 60 days (?)
Explore 6 Online Reputation Management Business Success Stories
12. Start a vending machine business
Starting a vending machine business in a crowded, busy city is an easy way to make money. Whether you want to run your own business, start a side hustle, or generate an income while at the office, this is the best business.
There are many advantages to starting a vending machine business, such as: low startup costs, simplicity, all cash-based transactions, and flexibility.
Here are the steps on how to start a vending machine business.
- Buy a franchise
- Find a location
- Secure all licenses and contracts
How much you can make: $30,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 30 days (?)
13. Start a 3D Printing Business
3D printing is a process that assembles objects layer by layer and starting a business in this industry can be a very creative venture.
You will need investment in the right equipment and materials, and the acquisition of 3D modeling and design skills. You will also need to regularly calibrate and maintain your 3D printers to deliver consistent results.
Plan how you'll handle shipping and logistics, and leverage technology to find new applications of 3D printing in all industries.
How much you can make: $8,000 — $330,000/month
How long does it take to build: 270 days (?)
Explore 5 3 D Printing Business Success Stories
14. Start a RV rental business
An RV rental business involves acquiring a fleet of recreational vehicles to rent out as campers for travelers and vacationers.
As an RV rental business owner, you supply motorhomes equipped with living essentials for road trips and outdoor getaways.
With flexibility around RV classes from luxury to budget rates, building inventories and customizing rental packages can create diverse revenue streams.
For hospitality-inclined founders seeking an accessible franchise, an RV rental company presents a promising venture as pandemic-weary travelers prioritize domestic trips focused on flexibility and the outdoors.
How much you can make: $2,000 — $250,000/month
How long does it take to build: 60 days (?)
Explore 4 Rv Rental Business Success Stories
15. Start a property management business
Property management companies maintain a residence’s status quo by representing the property owners. The property management company markets the property and collects rent on behalf of the owners.
With the demand for housing increasing annually, the property management business is lucrative. Property managers earn commissions and have an opportunity to maximize profits by working for as many clients as they can handle.
How much you can make: $1,500 — $200,000/month
How much does it cost to start: $5,400 (?)
How long does it take to build: 90 days (?)
Explore 4 Property Management Business Success Stories
16. Start a flight tours business
Over the past few years, there has been a noticeable surge in the popularity of aerial sightseeing as people increasingly seek unique and thrilling experiences.
This trend has opened up an incredible opportunity for entrepreneurs looking to start a business in scenic air tours and tailor-made flight experiences.
This business model allows you to take advantage of the growing demand for awe-inspiring aerial views of picturesque locations across the country while giving you the flexibility to set your own schedule.
By providing your clients with an unforgettable experience, you will be creating memories that they will cherish for a lifetime.
So, if you are passionate about adventure, beauty, and flexibility and want to turn it into a profitable business, the aerial sightseeing industry could be the perfect venture for you.
How much you can make: $43,000 — $1,500,000/month
How long does it take to build: 210 days (?)
17. Start a niche investment platform
A niche investment platform is a custom-tailored online exchange that deals with alternative asset classes such as collectibles, cryptocurrencies, real estate, or athletic prospects.
As a founder of such a platform, you can make use of modern technology to create transparent trading ecosystems that cater to specialized investors.
You can provide flexibility around portfolio combinations, which will help you build an exclusive user base.
This, in turn, will provide recurring revenue through transaction fees and premium subscriptions.
For those seeking alternatives amid volatile stock markets, a niche exchange offers asset diversification to brokers and traders who have a passion for fine wine or up-and-coming athletes.
How much you can make: $2,000 — $600,000/month
How long does it take to build: 180 days (?)
Explore 9 Niche Investment Platform Success Stories
18. Start a camping brand
A camping gear and apparel brand caters to outdoor adventure enthusiasts seeking quality and performance.
As an camping brand founder, you oversee the design and development of tents, packs, headlamps, and accessories tailored for campers, hikers, and travelers.
Focusing on innovative technologies and sustainable materials provides an eco-conscious edge.
Whether debuting a direct-to-consumer model or wholesale deal, building a camping goods company from the ground up transforms passion into profits.
For those seeking to make their mark on the thriving outdoor recreation industry, a startup brand allows you to carve your niche by equipping others to comfortably enjoy nature no matter the destination.
How much you can make: $1,350 — $2,000/month
How much does it cost to start: $1,700 (?)
How long does it take to build: 60 days (?)
19. Become a social media consultant
Social media has become popular due to its ability to link businesses to their target customers. Social media consultants are professionals who help their clients improve, optimize and grow their social media presence.
Becoming a social media consultant comes with work flexibility and higher earning potential, but it also takes time and work commitment to grow the business.
To become a social media consultant, you must first become adept at using social media platforms and industry tools. Take online or offline courses like content marketing, public relations, and communication skills. Social media experts can choose a general practice or opt to focus on a niche.
How much you can make: $100 — $550,000/month
How much does it cost to start: $2,250 (?)
How long does it take to build: 60 days (?)
Explore 17 Social Media Consultant Success Stories
20. Start a skin care product line
The skincare business is a multi-billion dollar one, and it shows no sign of slowing down. New anti-aging products are entering the market at a nearly exponential rate, and the competition for consumers' money is growing more and more.
The industry was valued at 130 billion USD in 2021 and will expand at an annual growth rate of 4.6% up to 2030. This is surely a type of business that you should not miss. You'll need to build your creativity on your products and make sure that it is all safe and useful in improving the skin of your customers.
How much you can make: $300 — $1,000,000/month
How long does it take to build: 180 days (?)
Explore 30 Skin Care Product Line Success Stories
21. Become a therapist
Imagine facilitating human growth, empowerment, and healing daily - that is the reality of being a therapist. Therapists provide a safe, confidential space facilitating emotional healing and personal development. You could specialize in areas like marriage counseling, trauma therapy, or cognitive behavioral therapy, tailoring your practice to your skills and interests.
While the path to becoming a therapist demands substantial dedication - typically a master's degree and supervised clinical experience - the rewards are manifold. Beyond the financial gain, therapists derive satisfaction from seeing patients make strides overcoming difficult periods, mending relationships, and enhancing their lives.
If you're a good listener, compassionate, and genuinely interested in helping people navigate through life's complex maze, this could be your calling. The demand for therapy services is continually rising, reflecting an increased societal focus on mental health. As a therapist, you will not only build a sustaining business but also play an imperative role in enhancing community wellbeing.
How much you can make: $20,000/month
22. Start a digital agency
A digital agency’s task is to make a business reach its advertising, marketing, or technology-related goals. Anyone with enough knowledge and passion for digital marketing can start and run a profitable digital marketing agency. With the proper skill set, the right tools, and the right mindset, you can start a successful digital agency.
The global digital agency market reached a value of nearly $305B in 2020. The future growth prospects of the digital agency market are projected to be high due to the rising population of people consuming and creating content through digital channels.
How much you can make: $100 — $3,699,632/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 60 days (?)
Explore 79 Digital Agency Success Stories
23. Start an app development tool
An app development tool or platform involves providing a cloud-based software suite enabling people to build and launch custom mobile applications without coding skills.
As the app development platform founder, you spearhead product features like intuitive site builders, inventory management integrations, and push notification tools emphasized for user-friendliness.
With the rise of no-code technology, building a versatile toolset to meet the demands of DIY startups and larger enterprises is more rewarding than ever. Ideally, an app builder product presents the potential to scale globally by fueling innovation and unlocking creativity for non-technical visionaries.
How much you can make: $10,000 — $220,000/month
How long does it take to build: 20 days (?)
Explore 3 App Development Tool Success Stories
24. Start an e-commerce order fulfillment business
An e-commerce order fulfillment business involves providing product warehousing, packaging, and shipping services on behalf of online retailers.
Typically, the e-commerce order fulfillment founder operates behind the scenes, handling merchant inventory storage, customized packaging, domestic shipping logistics, and potential return processing.
By establishing a dependable and efficient fulfillment infrastructure that can seamlessly integrate with popular e-commerce platforms, businesses can concentrate on maximizing their sales and leave the hassle of speedy and reliable delivery to their fulfillment operations.
How much you can make: $18,000 — $25,000,000/month
How long does it take to build: 180 days (?)
Explore 6 E Commerce Order Fulfillment Business Success Stories
25. Start a surprise travel agency
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
Explore 3 Surprise Travel Agency Success Stories
26. Start a sports coaching business
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 (?)
27. Start a home staging service
With the rise of online home selling, the need for home staging services has been increasing rapidly.
A home staging business can be an affordable and scalable venture, providing ample opportunity for growth and profitability.
Those who have a keen eye for design and enjoy collaborating with clients can find a rewarding career in home staging.
A professional home stager assesses both the interior and exterior spaces of a property and offers expert guidance on how to enhance its overall aesthetic appeal.
From selecting furniture and décor to arranging lighting and artwork, every detail is carefully considered to create an inviting and attractive atmosphere that appeals to potential buyers.
28. Start a membership site business
A membership site business involves creating a platform where individuals with shared interests or needs can access premium content and engage in a community of like-minded individuals.
As a founder of a membership site business, you are responsible for developing high-quality blogs, videos, discussion forums, and resource libraries exclusive to paying members.
These members subscribe on a monthly or annual basis, providing predictable recurring revenue for your business.
With the ability to target specific demographics and cater to niche audiences, membership sites offer a lucrative business model that is fueled by digital community demand and infinite content possibilities.
This makes it an accessible startup option for creators seeking low-cost entry into the online business world.
How much you can make: $5,000 — $100,000/month
How much does it cost to start: $1,750 (?)
How long does it take to build: 90 days (?)
Explore 4 Membership Site Business Success Stories
29. Start an online book store
Bookselling is the commercial trading of out-of-print books or collectibles. If you are an avid reader or just love selling online, opening an online book store in the age of Amazon and massive retail stores can be a rewarding and fun business. You can sell books on sites like eBay, Abebooks and other high-traffic bookstores.
You can write and self-publish your own books, and sell to fans directly, or resell books by different publishers. Alternatively, you can venture into the vintage, rare or out-of-print books.
To start a bookselling business follow these basic steps:
- Find a niche and create an inventory
- Develop a book brand
- Source the books you plan to sell
- Launch and market your online store
To compete effectively, differentiate your bookselling brand and be hyper-focused. Focus on delivering a curated experience so you build a community of book lovers.
How much you can make: $200 — $120,000/month
How long does it take to build: 60 days (?)
Explore 7 Online Book Store Success Stories
30. Start a b2b consulting business
A B2B consulting business provides professional advisory services to assist other companies in strategizing and optimizing their operations.
You may offer expertise in areas such as supply chain integration, change management, or cloud migration, which allows you to uncover valuable industry insights for clients.
The flexibility to specialize in various sectors or business functions and build a diverse client portfolio allows you to make a significant impact by sharing specialized strategies.
By leveraging your skills and knowledge, you can provide valuable guidance to businesses and help them achieve their goals while also carving out a successful career for yourself in the consulting industry.
How much you can make: $1,500 — $180,000/month
How much does it cost to start: $375 (?)
How long does it take to build: 90 days (?)
Explore 5 B2b Consulting Business Success Stories
31. Start a tax consulting business
A tax consulting business involves providing tax preparation, planning, and advisory services to help clients manage their financial obligations and opportunities.
As a consultant, you use your expertise to oversee tax filings, maximize returns, and minimize liabilities while identifying legal savings strategies.
Given the complexity of tax codes, the demand for specialized guidance tailored to individual situations creates a great opportunity for building a successful practice.
If you have strong financial acumen, a tax consultancy presents a versatile business model that combines vital compliance services with year-round planning and advisory services, leading to robust revenue potential.
How much you can make: $8,000 — $500,000/month
How long does it take to build: 60 days (?)
32. Start a handmade goods business
A handmade craft business entails selling own-crafted products on online platforms like Alibaba, Etsy, an independent website, or social media.
To succeed in selling handmade goods, you'll need solid creative skills. Your creativity can help you build a strong brand.
And with online marketplaces, handmade shopping has become a popular trend.
In recent years, consumers worldwide have shown their support of independent businesses and entrepreneurs, especially those venturing into the handmade goods business.
How much you can make: $200 — $150,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 92 days (?)
Explore 12 Handmade Goods Business Success Stories
33. Become an online dating consultant
An online dating consultant is a person who provides advice to people in the world of Internet dating. An online dating consultant can help you direct your profile, help you write your first message to an online match, and help you make a great impression on your date.
Online dating can potentially be one of the world’s most remarkable customer service industries.
How much you can make: $1,300 — $30,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 47 days (?)
Explore 5 Online Dating Consultant Success Stories
34. Start a car rental business
Starting a car rental business can be a profitable venture for those interested in the auto industry.
Retail and corporate are the main segments within the car rental industry. Retail car rentals focus on individuals who rent cars for shorter periods, while corporate car rental targets companies that want to transport clients or employees.
If you are starting a car rental business , target airports, hotels, railway stations, commercial offices, and other high-traffic areas.
Market your business, hire employees who will manage the operations and keep records, and purchase business insurance for both cars and employees.
How much you can make: $870 — $10,000/month
How long does it take to build: 135 days (?)
35. Start a subscription box business
Subscription box businesses offer customers a niche set of products on a monthly basis.
They're in high demand as they add value to customer service, offer exclusive products and can be highly profitable.
To start a subscription box business, understand your niche market, provide quality products, perfect your box design, build a good relationship with fulfillment companies, and market your service.
How much you can make: $400 — $400,000/month
How much does it cost to start: $210 (?)
How long does it take to build: 180 days (?)
Explore 13 Subscription Box Business Success Stories
36. Become an Airbnb host
If you are interested in becoming an Airbnb host, the first step is to create a listing for your property or a portion of it on the Airbnb platform.
This will allow travelers from all over the world to rent your space and enjoy a personalized and unique accommodation experience.
By creating a welcoming atmosphere and providing excellent service to your guests, you can enhance your profile and attract even more visitors to your property.
With the potential to earn a steady stream of passive income, becoming an Airbnb host can be an excellent way to monetize your property.
How much you can make: $35,000 — $270,000/month
How long does it take to build: 215 days (?)
37. Start a craft beer business
Are you passionate about beer and ready to penetrate a niche within the alcohol industry? Craft beer is a potential business idea you may want to start.
Craft beer is an important and attractive niche consumer market with the potential to multiply profitability.
The good news is that starting your craft beer brewery is not as difficult as you think.
You can start brewing craft beer with nothing more than a bucket, a bubbler, a siphon pipe, and a kit. Eventually, you will start bottling your craft beer and delivering it to the market.
How much you can make: $56,000/month
How long does it take to build: 365 days (?)
38. Start an electronics store
An electronics store sells any electronics from smartphones to televisions, laptops, refrigerators and other home appliances. With the technological advancements in the past decade, the electronics sector is expected to grow by 5.6 percent over the next five years.
To start an electronics store, research and find the right location for your store, then register your company at the state level to get the tax ID number.
Then, research your competition, which includes online stores and the local electronics store in your area. You should examine what they sell and focus on the products you can provide at a better price than the competition.
How much you can make: $4,000 — $230,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 90 days (?)
Explore 4 Electronics Store Success Stories
39. Become a stock day trader
A stock day trading business involves buying and selling stocks within a single day to make profits from short-term market price movements.
Successful stock day traders often have a deep understanding of financial modeling, which helps them identify opportunities and make informed decisions.
They also use various tools and techniques to optimize the timing of their orders and analyze market momentum.
Starting a stock day trading business requires learning about different market mechanics, order types, and risk management techniques.
It is essential to practice analyzing charts in a simulated account before investing real capital to minimize the risk of losses.
By dedicating time and effort to mastering these skills, one can increase their chances of success in the stock day trading business.
How much you can make: $12,000 — $160,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 120 days (?)
40. Become an online fitness coach
Online fitness coaching is using live or recorded video to offer fitness classes to an online audience at a fee. To become successful in business, online fitness coaches should possess the following personal qualities:
- Stay focused on clients’ needs and goals
- Be ready to walk the talk
- Ask the clients questions
- Focused on educating the client
- Adjust to a language clients understand
Increase in number of internet usersand more hours spent online, online businesses will keep thriving.
Therefore, fitness coaches looking to expand their businesses or venture into new markets can consider starting an online fitness coach business.
How much you can make: $250 — $82,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 60 days (?)
Explore 10 Online Fitness Coach Success Stories
41. Start a sewing and alteration business
Do you have sewing skills and looking for an entrepreneurship opportunity? You can start your sewing and alteration business.
A sewing and alteration business offers customers clothing repair, custom tailoring, button replacement, and other alterations. You can start a sewing and alteration business at home or set up a retail location.
To start a sewing and alteration business, you will need a commercial-grade sewing machine and a marketing strategy, so target customers learn about your business.
How much you can make: $200 — $6,500/month
Explore 3 Sewing And Alteration Business Success Stories
42. Start an auction platform
As an online marketplace for buyers and sellers, auction platforms have revolutionized the way people buy and sell items.
These platforms allow sellers to list their items for sale and interested buyers to participate in bidding wars. As the founder of an auction platform, you play a critical role in designing and enhancing the buying experience.
Your focus is on integrating seamless payment processing, cross-platform functionality, and logistical frameworks to make the experience as smooth and enjoyable as possible for both buyers and sellers.
In addition to these technical aspects, it's crucial to consider the business model of the auction platform.
Flexibility around seller fees and advertising models can help attract more sellers and buyers.
However, without proper security measures and member authenticity, the credibility of the site can be at risk.
Therefore, building trusted security measures and ensuring member authenticity is critical to fueling bidding enthusiasm and maintaining site credibility.
How much you can make: $100,000/month
How much does it cost to start: $2,500 (?)
43. Start a sex toys business
The sex toy industry is growing rapidly, and there's no sign of this slowing down.
The reasons for this growth are varied. The rise of social media has made it easier to find out about new products and services, which has given companies greater access to their customer base and helped them grow their businesses. More people are also getting comfortable with buying things online; not only does this make it easier for them to shop in private, but it also helps them avoid embarrassment if they're nervous about their purchases being seen by other customers while they're waiting in line at a store.
The industry itself is changing as well: companies are offering more variety than ever before, which means that there's something for everyone—even those who might not have considered themselves interested in this sort of thing before now can find something that suits their needs perfectly!
There are already individuals who made it big in this industry and these stories are the proof of their success.
How much you can make: $500 — $125,000/month
How much does it cost to start: $625 (?)
How long does it take to build: 60 days (?)
Explore 6 Sex Toys Business Success Stories
44. Start a home building company
The global construction industry is expected to maintain steady growth over the next years. Estimates show that the sector will reach 14.4 trillion in the next decade.
With the increasing population, demand for building new homes continues to grow steadily. With more jobs available, starting a construction company can be a lucrative business. To start a construction company, register the company and acquire all permits and licenses to run a construction company.
How much you can make: $500,000/month
How long does it take to build: 257 days (?)
45. Start a mom blog
Parenting may be an overwhelming journey. Mothers result to the internet to read stories from other moms.
Reading mom’s blogs makes parenting feel less alone a long way. Whether you are a stay-at-home mom or passionate about parenting, you can consider starting a mommy blog.
You can make money through affiliate links or by selling your merchandise on the blog. To increase traffic to your blog, include resourceful and encouraging content.
How much you can make: $3,000 — $10,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 150 days (?)
Explore 3 Mom Blog Success Stories
46. Start a footwear business
Operating a footwear business entails a comprehensive process that encompasses the design, production, and distribution of shoes to customers through various channels such as e-commerce or wholesale.
To initiate the process, you need to ideate and supervise the creation of fashionable yet practical shoe collections that cater to specific target audiences, such as children, athletes, or working professionals.
Establishing a brand that revolves around superior quality materials and exclusive designs can help you establish a unique identity in the market and stand out from the competition.
How much you can make: $4,000,000/month
47. Start a resume writing service
A resume writing service offers professional assistance in crafting compelling resumes for job seekers.
With this service, your day-to-day activities revolve around collaborating with clients to gather their employment history, skills, and achievements, and transforming that information into well-crafted resumes that highlight their qualifications.
How much you can make: $2,000 — $62,500/month
How much does it cost to start: $35 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 8 hours/week
Explore 4 Resume Writing Service Success Stories
48. Start a recruiting agency
The global online recruitment market size was $29B in 2019 and is projected to reach $43B by 2027.
The best way to assess the success of a Recruiting Agency is to review what their clients say about them and the results achieved for those clients.
As a recruiter, you dream of landing your first client, but once you do, you realize it’s only the start of what you hope will be a successful business. Have you ever wondered how to start a recruiting agency business? There’s so much you can learn from books, but nothing beats getting real-world experience.
How much you can make: $100 — $320,000/month
How long does it take to build: 90 days (?)
Explore 11 Recruiting Agency Success Stories
49. 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 (?)
Explore 4 Healthy Meal Delivery Service Success Stories
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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.
