Be an entrepreneur with these business ideas
Today, many people are considering starting their own business, especially that marketing products through the use of the internet has never been easier. The first step to being a successful business owner is to find a solution for common problems people encounter. Brian Chesky, the co-founder of Airbnb said, ‘If we tried to think of a good idea, we would not have been able to think of a good idea. You just have to find the solution for a problem in your own life.’
Every business solves problems and caters for the demands of people. Your job as an entrepreneur is to know which is the best one. Business Centre is here to help you out! Check out below the list of best businesses to venture into to help you get a head start:
Designing and printing services
Create something unique by customizing t-shirts, caps, phone cases, hoodies, skirts, tote bags and other items. Use various objects that can serve as blank canvases for your ideas or your clients’ preferences. Even if you are not a designer, there are freelance services where you can hire designers who can work on certain projects such as:
Of course, each product needs to be displayed to show customers what it would look like when they wear it. In this case, you should hire a model or buy a mannequin to wear your product. If you are selling online, you may use free templates to avoid having to shoot every time you create a new design. Take advantage of the photos your customers leave on the product reviews to let other customers know what the actual product will look like.
If you got great writing skills or knows how to put your knowledge into words effectively, you can try and publish books that serve a particular purpose or demand in the market such as:
- Recipe books
- Picture books
- Poetry books
- Photo Books
There are various books you can create and the options are endless. This is the reason why it is one of the best ventures you should start if you are skilled and passionate enough in writing. When it comes to writing online, there are various platforms where you can create, order and publish your books digitally and physically. You can also sell on various marketplaces like Amazon.
Freelance writing is also a good business to start since you can work from anywhere as long as you have an internet connection. This is a venture you may run if you are just in your home or even if you travel to various places. You could even make freelance writing your full-time career if you already built up a large network through positive reviews or referrals from satisfied clients.
A blog is an example of a business that can be started small and scaled up at your leisure. The best way to thrive in blogging is to choose a specific or niche topic and stick to it. Allow your personality to show through by offering practical advice or smart criticism. There are several ways to make money from your blog. The simplest option is to join an ad platform like Google, Facebook or Outbrain and have them handle it all for you.
However, to make a lot of money from advertising, you’ll need a lot of visitors. To rank high in Google search results, you need to master basic search engine optimization (SEO) strategies. You will also want to know how to use email and social media marketing to their full potential.
Music, online courses and templates are just some of the unique and in-demand ideas, enough to garner long term customers. This is a great idea since there are no manufacturing or shipping costs to worry about, giving you high profits. To make a good digital product, you need to make sure that it is useful enough to make people download and pay for it.
Some of the useful digital products or services that you can offer are original instrumental beats, stock photos, forms and templates as well as online courses that can help your target customers level up their skill in a specific field. Moreover, if you have the skills or talent that can be turned into a digital product, you can try selling it online to get a new stream of income.
You do not have to start a non-profit organization to contribute to a better society. Many business owners have a unique method of placing their products in the market while solving the issues they care most about. This is by having a purpose to go along with their business and allocating part of their profits for a cause. There are many charity and non-profit groups you can partner with where you can donate a part of your sales or ask your buyers to add a donation when they check out.
Also, you can make use of a blog section on your business website or social media account that covers your work in your community. You can also display a real-time impact calculator on your website to share the impact that your customers are making by buying your products.
Online fashion store
Many people are opting to buy their clothes online rather than going out and getting them in malls. If you have a great fashion sense and want to share it with the world, you might want to explore starting your online fashion shop. Also, you do not have to be a fashion designer to start your fashion store, getting your products from other merchants is also a quick and easy way to get your business running.
Building a great fashion business is more about creating a collection of clothing that people want to be a part of rather than selling. In other words, it is more about offering a style of living. Your store’s and website’s design, apparel selection, marketing and even the appearance of your employees should all work together to sell a lifestyle.
If you are a maker, whether you produce soap, candles or pottery, you are in a good position to start a unique business. Take note that you might need to manage delivery and supply chains to do this. However, you may start on a pre-order basis or with a small batch until you begin creating a good customer base.
Many makers only began with selling on online platforms or through word of mouth until their business gradually grew which generated huge product demands. Make sure to follow any rules that apply to your product line, especially for anything that your buyers will eat, inhale or apply to their skin.
The pet industry is rich with potential opportunities for a variety of small business ventures. It is an easy one to enter into with plenty of demand. You can run a product or service-based pet business where you can:
- Sell pet accessories, food or toys
- Provide grooming, walking or training services
- Make customized pet apparel or framed prints
Businesses in various countries have opened up access to the global markets, thanks to the internet. This shift has opened the door for multilingual speakers to provide services like a document or web-based translation. Because of that, a niche in the translation services industry is surely a lucrative venture.
Dropshipping is when you sell a product online but don’t store it in stock or fulfil the order yourself. Instead, you pass the order along to the manufacturer, distributor or another merchant, who will then ship the product to the consumer. It is one of the simplest and cheapest businesses to run. Just make sure to buy a sample for yourself to ensure that your supplier is reliable and that the items are good enough to offer to your buyers.
Tutoring is another form of a simple but in-demand business to start. You may expand it as much as you want by adding more tutors and boosting your marketing efforts. It can be done virtually anywhere such as on Zoom. You also have the option of going to your clients’ houses, having them come to yours or meeting them in a library or a coffee shop.
You will be more successful in this business if you consider things like who you want to target as students, what courses to provide, how to set the price. You will also need to brush up on some of the basics of web marketing.
Become a business owner now
Starting a lucrative business is simpler than ever, thanks to a mix of technology, third-party suppliers and the ability to swiftly test ideas online. The above business ideas may be used in a variety of ways to create a unique business. If the thought of sourcing, storing and delivering goods has kept you from opening a business in the past, start with a low-cost, stock-free business plan and work your way up.