47 Auto Pilot Online Business Ideas (Quick Money)

47 Auto Pilot Online Business Ideas (Quick Money)

Are you wishing to start an auto pilot business but not quite sure what to start?

The good news is, there are so many autopilot business ideas you can start and earn a passive income.

If you're looking to start your own autopilot business, there are several low-capital options you can choose from.

Below is a list of the most profitable autopilot business ideas you can start today!

Here they are:

1. Start a transcription business ($100K/month)

A transcription service converts live or recorded speech into a written or an electronic text document. Transcription service is in demand globally, across the industries.

Becoming a transcriptionist can be a side hustle or a full-time job, so long as you have the right gear.

Do you plan to become a transcriber ? Take an online transcriptionist course and work on your listening skills. To succeed, you need a good typing speed and excellent language command.

How Much Can You Make?
$100,000/month
Average Initial Investment
$325,000
Skills

Case Study

My name is Ben Walker and I am the CEO and Founder of Transcription Outsourcing, LLC in Denver, Colorado.

Transcription Outsourcing was awarded the NASPO ValuePoint ($16 billion in annual sales from 65 contracts) transcription services contract three years ago, over 26 other companies, and haven’t looked back since.

how-we-started-a-100k-month-company-that-provides-transcription-services

2. Become an online fitness coach ($42K/month)

Online fitness coaching is the use of live video 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 Can You Make?
$2,000 — $39,875,000/month
Average Initial Investment
$1,333
Time To Revenue
180 days
Skills
Business model

Case Study

I was once just an out of shape, overweight guy with a goal to make a change. I started my health and fitness journey by losing 90lbs. The discipline and drive it took to go from never exercising at all to achieving such significant weight loss taught me a lot about goals and how to attain them.

TeamFFLEX is my online personal training platform that coaches athletes, Hollywood actors, professional musicians and everyday people all around the world. Starting with literally 0 dollars and a hell of a lot of drive I successfully built my business into the 6 figures in less than a year. Today, TeamFFLEX LLC does $48,000 a month and is growing continually month after month.

how-i-started-a-48k-month-business-with-an-online-fitness-training-service

3. Start a dropshipping business

Dropshipping allows you to start your online e-commerce store without stock-keeping. Therefore, you do not need huge capital, and the risk is minimal because the manufacturer is responsible for the inventory and ships it directly to the customer. Therefore, your responsibility remains to market and offer customer service.

To start a successful dropshipping business, you need a mastery of online marketing and a focus on improving customer experience.

How Much Can You Make?
$5,500 — $3,000,000/month
Average Initial Investment
$11,116
Time Commitment Per Week
Min. 10 hours/week
Skills
Interests
Business model

Case Study

Hello, my name is Kamil Sattar. I am an entrepreneur who’s developed many six-figure drop shipping businesses. I’ve also created systems to maximize opportunities in different markets and I’ve started companies in many industries. One of those companies specializes in helping people who are seeking to create drop ship companies of their own.

Of course, with every store that I open, I am able to learn new things. With every new thing that I learn, it helps me improve my system that I use to create these six and seven-figure stores and it helps me improve my process for helping others generate their stores.

how-i-started-a-100k-month-business-mentoring-dropshipping-entrepreneurs

4. Become a business coach ($39.5K/month)

Are you thinking of starting a career as a business coach?

Becoming a business coach can be a great way to help aspiring entrepreneurs while earning a healthy income. If you have skills in specialized business fields such as marketing, e-commerce, stress management, or leadership, then you may want to consider becoming a coach.

Many small-business owners are finding it hard to get started, grow, and succeed. As a business coach, your job will be to help entrepreneurs identify new opportunities and take advantage of the ones they already have.

How Much Can You Make?
$2,250 — $2,141,667/month
Average Initial Investment
$232,031
Time To Revenue
300 days
Skills
Business model
Work from home

Case Study

Hello, my name is Kamil Sattar. I am an entrepreneur who’s developed many six-figure drop shipping businesses. I’ve also created systems to maximize opportunities in different markets and I’ve started companies in many industries. One of those companies specializes in helping people who are seeking to create drop ship companies of their own.

Of course, with every store that I open, I am able to learn new things. With every new thing that I learn, it helps me improve my system that I use to create these six and seven-figure stores and it helps me improve my process for helping others generate their stores.

how-i-started-a-100k-month-business-mentoring-dropshipping-entrepreneurs

5. Start an ecommerce platform ($304K/month)

Over the past decade, eCommerce has become an indispensable part of the global retail framework. According to statistics, over 2 billion people prefer shopping online.

While brick-and-mortar stores are still making more sales compared to online sales, adoption of eCommerce is still rising, mainly because of the increased speed and convenience of online shopping.

Therefore, starting an eCommerce platform could set you on the right path to building a futuristic business.

How Much Can You Make?
$100 — $1,400,000/month
Average Initial Investment
$577,176
Skills

Case Study

I am Jean-Loup Karst, the co-founder of Secret. Secret is the first platform of exclusive deals on services and software for startups. Entrepreneurs can sign up and save up to $50,000 on 70+ SaaS deals (Airtable, Pipedrive, Mailjet, etc.). It’s 100% free! It's a no-brainer.

When we launched our beta in April, our 100+ first users paid an annual subscription of $50 per year (roughly 1% conversion rate on our website). We generated $5K+ in revenue and decided to switch to a free model to grow user acquisition faster through network effects and monetize the database later through premium deals and affiliation with our partners.

on-creating-a-website-full-of-software-deals-for-startups

6. Start a web development business ($62K/month)

Web development is the process of creating websites that can be used for a variety of purposes, including e-commerce, social networking, and information sharing.

To start a web development business, you will need strong technical skills like Hypertext Markup Language (HTML) coding, cascading style sheets (CSS), and JavaScript. You should also have a good understanding of how the World Wide Web works.

Web developers are in high demand, with experienced ones making up an average salary of $67,828 and a $3,000 cash bonus per year.

The recent trends in web development are moving towards responsive design and mobile-friendly websites. This type of business is growing in popularity as more businesses are looking for ways to reach their customers through the internet.

How Much Can You Make?
$6,600 — $1,183,333/month
Average Initial Investment
$6,434
Time To Revenue
360 days
Skills
Business model
Work from home

Case Study

Hello! My name is John Leider and I am the founder of Vuetify, LLC.I started my company to help developers, especially design inept and inexperienced ones, build beautiful web applications.

Vuetify puts a large emphasis on its free aspect. Locking extra features or functionality behind a paywall just feels bad. Open Source is about sharing and improving code through community support. Over the years, this philosophy has allowed me to grow a massive user-base and ecosystem surrounding the framework.

i-built-a-300k-year-vue-js-component-library

7. Start a blog ($16.7K/month)

In recent years, blogging has become a highly sought-after & lucrative Business. This is 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, first 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 Can You Make?
$200 — $160,000/month
Average Initial Investment
$2,721
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

Hello! My name is Michelle Schroeder-Gardner, and I run Making Sense of Cents, a personal finance and lifestyle website that helps readers earn more, save more, and live more.

I earn around $100,000 a month from Making Sense of Cents and have made over $5,000,000 from it over the years. Much of it is profit, as my expenses are extremely low. I am the only full-time employee of my business, but I do outsource some work. I have a virtual assistant, an editor, and a technical manager.

how-i-started-a-100k-month-blog-about-personal-finance

8. Start a mobile photography ($40.1K/month)

Want to start your own photography business? You're not alone. With the rise of social media and photo-sharing, blogging, and online retailing, it's never been easier to start making money behind your camera.

There are photographers shooting weddings, creating images for ad campaigns, freelancing for magazines, touring the world, taking photographs of destinations — the list is endless!

To start mobile photography, research the target audience and determine which specialization area is more lucrative. Invest in high-quality, professional cameras, lenses, and a computer with professional software photo-editing software.

How Much Can You Make?
$2,000 — $500,000/month
Average Initial Investment
$24,583
Skills

Case Study

Hi! My name is Tsour Lee Adato and I am the founder of Pro Photo Studio. I started my product photography business over 5 years ago while living in New York. Pro Photo Studio specializes in high-end commercial photography and also caters to the average eCommerce online seller who sells on platforms like Amazon and Etsy.

The company began realizing a profit very quickly, in the first quarter after opening and year over year profits have increased while the cost of customer acquisition has decreased. Currently, the company makes approximately $350k per year and is on its way to becoming a 7 figure business.

how-i-started-a-45k-month-commercial-product-photography-business

9. Start an online video editing business ($4K/month)

Video editors manage camera footage, dialogue, sound effects, graphics, and special effects to produce the final film or the 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 Can You Make?
$2,000 — $208,000/month
Average Initial Investment
$150,075
Skills

Case Study

Hey, I am Sabba and I am the co-founder of VEED.IO along with my partner in crime Tim. We are a London-based bootstrapped startup. Our web app, VEED, is a simple online video editing platform that allows users to do a bunch of cool stuff like auto subtitle videos, add video effects, add music, trim, rotate videos and much more all in the browser.

We launched just over a year ago, started charging 4 months ago and as of this interview, we are at $5,300 MRR and are just about profitable (Ramen profitable).

how-we-developed-a-6k-month-online-video-editing-software

10. Start a film production company ($753K/month)

A film production company is responsible for producing video content for social media, corporate promotions, television programs, commercials,s or other media-related fields. Ideally, the responsibilities of a video production company include scripting, location scouting, and also logistics to ensure a successful film.

Starting a film production company can be a daunting task. However, you can set up your business for success with proper guidance. Here are important steps for creating a video production company:

  • Determine the company niche
  • Choose a suitable company name
  • Draft a solid business plan
  • Hire an advocate to lead all legal matters of starting a company
  • Fund your business
  • Acquire video production equipment and skills
  • Create a website and market your film production company

If you are starting a video production company from scratch, consider creating some proof-of-concept projects so you can market the business. Alternatively, you may buy a franchise or an existing business.

How Much Can You Make?
$10,000 — $1,500,000/month
Average Initial Investment
$1,000
Time To Revenue
270 days
Skills
Business model

Case Study

Hello there! My name is Hope Horner, and I’m the co-founder and CEO of Lemonlight, an on-demand video production company that offers brands and agencies access to high-quality affordable video content nationwide.

We’ve built Lemonlight as an entirely self-funded business. We haven’t taken any outside capital since we launched the business in 2014. We’re on track to hit 6M in sales this year and we’ve grown the team to 45 full-time employees. We’ve been recognized in dozens of major publications, and we were awarded in Inc 5000 and Entrepreneur 360 for three years in a row.

how-i-started-a-500k-month-video-production-company-from-my-bedroom-in-la

11. Become an online dating consultant ($5.2K/month)

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 has the potential to be one of the greatest customer service industries in the world.

How Much Can You Make?
$5,200 — $11,250,000/month
Skills
Business model

Case Study

Hi everyone, my name is Shane and I’m the founder of The Match Artist. We help singles take amazing pictures for their online dating profiles. Our flagship product is the 3 hour Executive shoot, which gets you about 100 different photos in 7 different settings.

We started this business in January 2018, and we have helped over 100 singles take pictures for their profile. We usually average between $5,000- $6,000 a month in revenue.

how-i-built-my-own-business-improving-online-dating-profiles

12. Start an online community ($1.75K/month)

Online communities bring people who share common values together. For anyone looking to start a side hustle and earn money, you need to figure out the best online communities to participate. More important, you need to figure out on how to translate your online community membership into dollars. Ideas of how to earn through online communities include:

  • Selling your products
  • Promoting affiliate links for a commission
  • Run ads
  • Sell online community membership
  • Start your own online community and charge for sponsored content

How Much Can You Make?
$1,500 — $180,000/month
Average Initial Investment
$6,635
Time Commitment Per Week
Min. 4 hours/week
Skills
Interests

Case Study

Hello! I’m Matt Studdert, and I’m the founder of Frontend Mentor. We are an online learning community that helps people improve their front-end coding skills by building projects. Instead of providing learning tutorials, we provide professionally designed challenges to help our community gain real-life experience building websites and web apps.

Today, we have over 200,000 members on the platform and grow at over 16,000 new members per month. Of those 200,000+ members, we have 1,500+ paid subscribers generating over $15,000 MRR.

we-built-a-180k-year-learn-to-code-community

13. Start a niche web design business ($63.8K/month)

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 at becoming a recognized expert and places you in a better position to charge more for your services.

How Much Can You Make?
$200 — $200,000/month
Average Initial Investment
$28,516
Skills

Case Study

Hi, I'm Scott and I am the founder of Up And Social, a Boston web design and SEO company that specializes in helping small businesses.

Currently, we’re doing over $20,000 in sales each month and continue to grow at a comfortable pace.

how-i-started-a-20k-month-web-design-agency

14. Start an online course sales business

Do you know you can make money selling what you are passionate about? People are making money creating courses and selling them online. Common online courses include music, cooking, coding, web design, dropshipping, etc.

Thus, if you have a skill, you can turn it into a source of passive income by launching online classes. All you need is to choose a target audience, create the online course and choose an online learning platform where you can sell the course. The gear you need to start creating online classes includes:

  • A good HD camera
  • Professional Lighting kit
  • Video editing software
  • Green screen
  • Script

The e-learning market is expected to be worth over $645 Billion in the next few years.

How Much Can You Make?
$100 — $358,333/month
Average Initial Investment
$100
Skills
Business model

Case Study

Hey Everyone, my name is Rahul Alim and I am the founder of Custom Creatives, a Digital Marketing Agency that helps connect business owners with their dream client, AKA, The Peoples Agency.

Monthly revenue is often the indicator many people use to determine the success of an agency or individual. While I don’t disagree, I put more emphasis on the success of our clients and the fact that we retain clients for many years, and in our case, many for over a decade. We have consistently been over 7-figures year over year.

how-i-started-a-100k-month-digital-marketing-agency

15. Start a life coaching business ($25.5K/month)

Life coaching has become an increasingly popular career choice. A life coach helps people in various areas of their lives using a combination of emotional intelligence, professional knowledge, and experience.

Life coaching is a global industry worth over $2.85 billion, and the number of life coaches has gone up 33% between 2015-2019.

This is a very profitable business and can be started at virtually no cost. You'll need a computer, a high-speed Internet connection, and a LinkedIn account to get started. You can begin coaching part time in your spare time until you build up your clientele.

How Much Can You Make?
$100 — $660,000/month
Average Initial Investment
$2,400
Time To Revenue
240 days
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

I was once just an out of shape, overweight guy with a goal to make a change. I started my health and fitness journey by losing 90lbs. The discipline and drive it took to go from never exercising at all to achieving such significant weight loss taught me a lot about goals and how to attain them.

TeamFFLEX is my online personal training platform that coaches athletes, Hollywood actors, professional musicians and everyday people all around the world. Starting with literally 0 dollars and a hell of a lot of drive I successfully built my business into the 6 figures in less than a year. Today, TeamFFLEX LLC does $48,000 a month and is growing continually month after month.

how-i-started-a-48k-month-business-with-an-online-fitness-training-service

17. Become a college counselor ($50K/month)

A college counselor is a professional who assists students with their educational and professional goals. The role helps students navigate careers they hope to pursue after college. Therefore, in this business, you support students undergoing personal or familiar challenges in choosing their career paths. To become a successful college counselor, you must possess the following qualities:

  • Organized with your practice
  • Practice ethically and professionally
  • Educate yourself
  • Confidence in your position and responsibility.
  • Respectful and non-judgmental

The demand for school and college counselors is growing tremendously. Therefore, it is a great time to start offering the services.

How Much Can You Make?
$50,000/month
Skills

Case Study

My name is Pradeep. I am the Cofounder and CTO at ConnecPath. We are an EdTech company democratizing college counseling. Our flagship product is called WeAdmit. In the frontend, WeAdmit is an end to end data science-backed college counseling for parents and students. Whereas in the backend it is a platform for all underserved college counselors and college students who are also excellent mentors.

how-we-created-a-50-000-month-platform-to-give-better-college-counseling

18. Become an IT consultant ($2.1K/month)

Are you an IT graduate still looking for that dream job? Then becoming an IT consultant might be the right choice for you.

An IT consultant is an external analyst in charge of evaluating a company’s IT systems and helping them meets its business objectives. IT consultants analyze and diagnose a company’s IT infrastructure, understand the client’s needs, and design solutions to help companies' IT problems.

How Much Can You Make?
$500 — $2,400,000/month
Average Initial Investment
$833
Skills

Case Study

My everyone. My name is Dan Khadem. I’m from Denver, Colorado and have a wife and 2 kids. I might have the most interesting or unique story because I have two very opposite things going on in my life. For my first business, I started a database consulting service for small and medium-sized organizations. This is using my technical skills and is very much using the Type A side of my personality. On the other end of the spectrum I do commercial acting and modeling. This is essentially for advertising in the form of print ads and commercials.

The rest of my side income comes from the database consulting service. Unfortunately, time is my limiting factor otherwise I’d grown the consulting business to larger than what it currently is.

how-a-database-consultant-became-a-commercial-model

19. Start a tutoring business ($110K/month)

Starting a tutoring side hustle is a great way for teachers and students to earn extra income every month. If you consider becoming a tutor, find an ideal tutoring niche, and craft a tutoring website. Find your tutoring clients and market your side hustle online. You can choose to offer online tutoring as a part-time engagement or a full-time engagement.

How Much Can You Make?
$1,500 — $375,000/month
Average Initial Investment
$100
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

Hey everyone! My name is Adam Shlomi and I am a 22-year-old senior at Georgetown University from South Florida. I am the founder of SoFlo SAT Tutoring, an online SAT/ACT tutoring company that provides exceptional test prep to students across the country. I started this business in my bedroom almost a year ago while I was recovering from ankle surgery. I couldn’t walk for 6 months and SoFlo gave me the motivation to get up in the morning.

SoFlo currently brings in average revenue of $15,000 a month and has seen a linear increase in student sign-ups each month since its official inception in March 2019. Since our customer lifetime is short –our students study for and take the SAT, get the score they want, and then no longer require our services– we invest in and rely heavily on the quality of the service we provide to attract future customers. Happy customers and significant score increases have helped spread the word and grow the brand.

how-i-started-a-15k-month-sat-tutoring-business-while-in-college

20. Start an e-book writing business

An eBook business is profitable and flexible, letting you start a business from anywhere, while it is a low-cost business that is easy to start. You can make living self-publishing and selling eBooks online as long as you are ready to invest your time and money in it.

Anyone can start the eBooks business! Just choose a niche that interests the target audience, and ensure in-depth research.

How Much Can You Make?
$2,000 — $42,857/month
Average Initial Investment
$35
Skills

Case Study

I'm Vaibhav Kishnani, an engineer but a passionate writer by profession. I established Content-Whale in 2017 when I was in my third year of engineering. Going by the maxim that quality writing is everything, Content-Whale caters to 42 different content types that form the backstory of every company’s digital presence and marketing efforts.

I started this content agency with a mere sum of Rs. 2,500. Today, we have drawn a revenue turnover of Rs. 4 Crores! In my opinion, it is not individual progress. Instead, a start-up is about connecting with the right individuals at the right time, who keep the show running ahead with their strife for perfection.

how-we-started-a-514k-year-content-curation-agency-with-just-35-from-india

21. Start a seo consultant business ($6.75K/month)

An SEO Consultant provides professional advice to businesses helping them optimize their websites, so they rank high in search results. Demand for SEO services and consultants is rising rapidly across the industries as companies need search optimization to compete effectively.

If you are an SEO expert, you can start an SEO consulting business and earn decent profits by offering your services.

How Much Can You Make?
$3,500 — $1,500,000/month
Average Initial Investment
$838
Skills
Business model

Case Study

Hi! My name is Kevin Miller, and I help scale the best D2C & technology companies with proven growth marketing frameworks I learned at Google and various startups. I am currently the co-founder/CEO of GR0.

Partnering with companies like Theragun, Ritual, Pressed Juicery, Venus et Fleur and Universal Music Group, GR0 quickly became a name in the SEO field and we experienced explosive growth ourselves within our first year. With over 75 full-time employees and 150+ clients, GR0 is projected to yield approximately $18MM in 2021.

this-former-google-employee-started-an-seo-agency-and-grew-it-to-18m-year

22. Build an online research software

As the business world grows more complex, the need for reliable and effective online research software becomes more important. Online research software can help businesses save time and money by providing access to a wealth of information.

This type of software is used for a variety of purposes, such as academic research, market research, or competitive intelligence.

For example, Trello is powerful online research software that can help you organize and keep track of your research projects. With Trello, you can create custom boards to track your progress on specific projects, set deadlines, and collaborate with other researchers. Trello's estimated annual revenue is currently $15.8M per year.

Online research software is a great tool for businesses looking to better understand their customer base. The data collected by this process can be rich and informative, as it includes insights that help you grow your business in ways other methods may not address as accurately or completely.

How Much Can You Make?
$5,000 — $75,000/month
Average Initial Investment
$550,000
Skills

Case Study

We started the company in 2018, raised a very unique round of funding, created open-sourced docs anyone can use and spent 18 months building this somewhat risky idea. When we finally launched in May 2020, we were pretty nervous the pandemic might sink our business, but thanks to high demand for this new concept, we turned the corner to profitability just six months later, and are now ~$75K in MRR.

this-moz-co-founder-created-an-online-tool-that-reached-75k-mrr-in-just-6-months

23. Start a newsletter ($665K/month)

Did you know that in the past five years there has been more than a 50% increase in the number of people who read newsletters?

Newsletters are one of the few things you can use to market yourself as a trusted expert. A well-written newsletter can educate your subscribers and build connections with them.

Email newsletters are a great way to connect with customers and potential customers. It's a newsletter's job to inform, persuade, and sell to your audience.

How Much Can You Make?
$100 — $830,000/month
Average Initial Investment
$74,698
Time To Revenue
330 days
Skills
Business model
Work from home

Case Study

My name is Luc and I run Ticker Nerd with my close friend and business partner Sam! Ticker Nerd is a monthly subscription service for investors that surfaces and analyzes trending stocks before the hype train arrives. All packaged neatly into our weekly report. We’re currently at $4.5k MRR without spending a single dollar on advertising.

we-started-a-54k-year-newsletter-that-finds-trending-stocks

24. Start a language translation service ($275K/month)

Language translation services bridge the linguistic barriers, helping businesses reach a wider audience outside of a single language. A language translation job is an opportunity to cover a wide range of topics and meet people from different cultures.

To become a language translator, master a second language and earn some experience so you become fluent in the second language.

How Much Can You Make?
$40,000 — $550,000/month
Average Initial Investment
$635,000
Time To Revenue
180 days
Skills
Business model

Case Study

Hello, my name is Cédric Sigoire and I am the owner of the DEMAN Translations group.

We will reach more than 6 million euros in the year 2021 and my target for 2022 is 10 million euros!

buying-a-translation-company-and-growing-it-to-4m-year

25. Start a writing & editing business

A writing and editing business is a business that provides writing, editing and sometimes proofreading services. Such businesses market their services to businesses, corporations, and individuals who might be in need of those types of services.

The earning potential of writing and editing is incredible. Freelancing is one of the best ways to earn some extra money. If you like writing and editing then freelancing can provide you with an opportunity to prove yourself as an expert, increase your network and help steer your career in a new direction.

Writing is one of the easiest businesses you can start. You might dream of becoming a professional writer, selling your stories to famous magazines, or writing books that will be read by millions around the planet.

How Much Can You Make?
$1,200 — $42,857/month
Average Initial Investment
$20,467
Time To Revenue
180 days
Skills
Business model
Work from home

Case Study

I’m Sara Davies, founder of Prooftheword, a complete editing and proofreading site that gives customers the ultimate editing service for any document. I’m a sole trader, so I work alone. All the editing and proofreading is done by me, along with everything else. I sort out my invoices, do my own accounts, file my own tax returns – everything.

My editing skills are excellent, which is my main selling point. People come to me because they know I will do a great job! I have a wide range of customers, from students to book writers and regular magazines. My work has grown over the years and, while I’m not making millions, I regularly take home around £1,200 a month.

how-i-started-a-1-2k-month-editing-and-proofreading-service

26. Build an iPhone app ($5.14K/month)

The iPhone is the most popular mobile device in the world. It has changed the way we interact with information, entertainment, and communication.

The iPhone has also changed the way we interact with each other. Since its release in 2007, it has become a staple in most people's lives. It is more than just a phone; it is a tool for staying connected to our friends and family and for creating new connections.

The iPhone app market is an ever-changing landscape of innovation: it's not just about making something that works well; it's about creating something that stands out from the crowd.

In order to succeed in this market, you need to have something that appeals to your audience. This can be as simple as making sure your app has a catchy name or as complex as developing an entire brand identity around your app's functionality.

How Much Can You Make?
$150 — $2,000,000/month
Average Initial Investment
$126,872
Time To Revenue
270 days
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

I’m Ryan Scherf, the founder of payment.co (@payment), an app built on top of the Stripe payment gateway for creating card-present charges. Payment is available on iOS and Android, and allows customers who have created online stores to easily collect payments in person, in the same account, with no barriers or card readers required.

The app launched in January 2015, and since has grown to process over $70M in volume annually. The app collects a 1% service fee on every single charge.

how-i-created-a-60k-month-app-that-collects-in-person-payments-through-stripe

27. Start a podcasting business ($40K/month)

Podcasting businesses often state as a hobby. You publish a few episodes and posts, and soon you will start getting engagements from interested parties.

However, to earn money from your podcasting business, you need to put a lot of effort and time into producing quality shows that address your audience's concerns.

To grow your podcast business, ensure regular publishing, which brings better growth, more listeners to your channel, and a higher income.

Here is a list of steps to help you transition the podcast from a hobby to a full-time podcast business:

  • Ensure a focused effort and adjust the tone to each podcast episode
  • Make podcasting your priority
  • Focus on building
  • Grow a mailing list
  • Aim at building a trusted brand
  • Develop a long-term growth and marketing plan

How Much Can You Make?
$5,000 — $125,000/month
Average Initial Investment
$33,433
Skills

Case Study

Hey! My name is Marti Sanchez and I am the CEO of Influence Podium. We help B2B CEOs get placed on podcasts their target audience listens to and repurposes those episodes into LinkedIn or Twitter content to grow their personal brand and drive inbound.

We just crossed $30k MRR and are looking to hit seven figures by the end of the year. We’re a young company in our 3rd year in business, and completely self-funded.

how-i-started-a-30k-month-personal-branding-content-service-for-b2b-ceos

28. Become a social media marketer ($5.05K/month)

Social media marketing is the process of gaining website visitors or customers by promoting your company on social media. To succeed in social media marketing you need to post some tasty, entertaining, and engaging share material regularly on your social media channels.

Everybody knows that social media is a tool that has become extremely important to businesses of all sizes. It allows them to connect with people across the world and provides a platform for customer service. Social networks are changing the way we do marketing. They offer an opportunity for individuals, businesses, and organizations to reach millions of people instantly.

Nowadays it is easy to earn money by doing social media marketing business. You just need to invest some time and effort to get a profit. Social media has been an important part of many businesses' marketing campaigns and it is expected to be a major part of any company's future as well.

How Much Can You Make?
$100 — $250,000/month
Average Initial Investment
$16,437
Time To Revenue
180 days
Skills
Business model

Case Study

I’m Kelsey Chance and I run Good Chance Creative, a creative agency specializing in social media content creation! I work with companies to manage their social media pages, take and post custom lifestyle imagery of their products and services, and strategize creative ways to keep their social media posts, reels, stories, and videos on-trend and successful!

Behind the scenes - shooting a tabletop recipe video for a client’s social media page

i-started-my-own-20k-month-social-media-marketing-agency

29. Start an affiliate marketing business ($290K/month)

Are you looking for a side hustle that will pay you a passive income? Affiliate marketing is one of those side hustles that will pay you well over the long-term. It is a way to earn money online by promoting other companies’ products and services. You will be paid a commission for each sale you make as an affiliate marketer.

To get started, learn how to find the right product and find the right brand to partner with. You may prefer becoming an affiliate marketer for an eCommerce store or partner with a manufacturer, and market their products for a commission.

How Much Can You Make?
$500 — $500,000/month
Average Initial Investment
$38,575
Skills

Case Study

My name is Spencer Mecham. In 2016 I first heard about an industry called affiliate marketing and in 2017 I founded Buildapreneur, an affiliate business.

my-affiliate-marketing-business-earns-500k-year-profit-no-employees

30. Become a physical therapist

Physical therapists are trained professionals who evaluate and treat abnormal physical function relating to injuries, disability, or other health conditions. The professionals can diagnose and treat various injuries and health conditions and improve a person’s range of movement and quality of life, preventing further injury or disabilities.

A licensed physical therapist works in various healthcare settings, including private practice and fitness settings. To become a physical therapist, earn a doctor of physical therapy education and pass the licensure exams. Then, you can register your business and focus on growing the business.

How Much Can You Make?
Skills

Case Study

Hi there! My name is Sam Varnerin and I created Snuggle with Sam, my independent professional cuddling practice, while I was still working full-time as a construction engineer.

Here’s all of the contributors on the panel at CuddleXpo in Chicago presenting how we came up with the Code of Ethics for Professional Cuddling. Back left to right: Maryelen Reid, Madelon Guinazzo, Samantha Varnerin (me!), Samantha Hess, Jean Franzbleau, Fei Wyatt, Janet Trevino. Front left to right: Keely Shoup, Lisa Meece. Photo credit Rellian Chen Merrin

how-i-make-a-living-professionally-cuddling-with-people

31. Develop an online survey tool ($808K/month)

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 Can You Make?
$16,000 — $1,600,000/month
Time To Revenue
270 days
Skills

Case Study

Hi there! My name is Vivek Bhaskaran the Founder of QuestionPro. The most robust survey software you are going to find on the market along with Customer Experience, Employee Experience, and a Research platform that will give your company every advantage. We focus on not only providing the tools for creation, distribution, and analysis of surveys, but also provide the platforms for polling, tablet-based mobile research, and data visualization.

how-i-started-a-1-6m-month-online-surveys-and-research-tools-software

32. Start a resume writing business ($3K/month)

The resume writing business is a service that helps job applicants write professional resumes and provide details about their past experiences, and to highlight their skills. Resume writing makes it easier for clients to capture hiring managers' attention and show on paper they are fully qualified.

A successful resume writer should have strong communication skills, proofreading skills, typing skills, and relevant business experience. Besides, the resume writer should have strong interpersonal skills and proven success.

According to glassdoor, 68% of job seekers who hire professional resume writers find a job within 90 days. The study also points out that professionally written resumes score jobs faster and earn more.

Therefore, the demand for professional resume writing business will keep increasing.

How Much Can You Make?
$1,500 — $42,857/month
Average Initial Investment
$50,017
Skills

Case Study

Over the last two years, I doubled my income from these site hustles with last year earning over $30,000.

how-i-make-30k-year-on-the-side-writing-resumes

33. Start a travel consulting business

Travel consultants offer clients advice on all things related to travel, including destinations, airfare, accommodations, and activities. Be it flights or even cruises, you can bridge the gap between customer and service provider with a travel consulting business.

You can actually start a travel-related consulting business without being an expert in the travel industry. The U.S. travel and tourism industry generated $1.9 trillion in economic output; supporting 9.5 million American jobs and accounting for 2.9% of U.S. GDP. At 14.5% of international travel spending globally.

Traveling the world is a dream that a lot of people have. Starting a travel consulting business is an awesome way to create a passive income, travel the world, and help others at the same time. Travel consulting is one of your best ways to start a business on the side, to earn more money.

How Much Can You Make?
$233,333 — $1,500,000/month
Average Initial Investment
$80,000
Time To Revenue
180 days
Skills
Business model

Case Study

Manoj: Kamlesh Ramchandani and I (Manoj Tulsani) are the founders of Rayna Tours and Travels. Fueled by our deepest interest in travel and entrepreneurship, we kicked off our business journey a decade ago from a small travel counter inside a five-star hotel in Dubai.

Kamlesh: We’ve been in the industry for over a decade and have now become a niche provider of destination management services in Dubai. As a one-stop, customer-oriented business for all travel needs, our main organizational goal is to design and craft travel services and packages in such a way that each of them ideally responds to the dynamic market trends as well as our clients’ specific travel requirements. We offer our full suite of travel solutions through our wholly-owned Rayna Group.

how-we-started-the-35m-year-dubai-s-leading-tour-operator

34. Start a SEO analytics

SEO analytics experts help businesses measure and report their website's SEO technical aspects. As an SEO analytics expert, you help act on the data to create growth of engaged organic traffic.

Demand for SEO professionals has increased worldwide due to the growth of digital awareness, technological advancements, and online competition. To become SEO analytics, learn how to use various SEO tools and learn SEO strategies.

35. Start a freelance writing business ($33.2K/month)

Freelance writing can be a good career choice for professional writers for offering writing services to different clients via online platforms. Working as a freelancer gives you the flexibility to define your work schedule. You can work from home and at any time. Freelance writers work across various niches, writing about various topics assigned by the client,

To earn good money as a freelance writer, you need the following personal qualities:

  • Strong writing skills
  • Ability to meet deadlines
  • Stay on the cutting edge
  • Be a self-starter
  • Be up-to-date with the current writing tools & writing trends
  • Proper communication skills

How Much Can You Make?
$700 — $150,000/month
Average Initial Investment
$489
Time To Revenue
90 days
Skills
Business model

Case Study

My name is David Tile. I own and operate a Content Writing Service, under the banner Article-Writing.co.

We don’t consider ourselves a content marketing firm. But a firm dedicated to the business of writing. Project management offers most often attached to marketing agencies. We work against marketing briefs delivering content on time and under budget.

how-i-started-a-80k-month-content-writing-business

36. Start a digital agency ($180K/month)

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 right 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 Can You Make?
$4,000 — $43,700,000/month
Average Initial Investment
$26,555
Time To Revenue
300 days
Skills
Business model
Work from home

Case Study

I am Hailey Brooke McFadden and I was a 4 season starter on the volleyball team at Wake Forest University, captain, and libero my senior year. I was a 4x Academic All-ACC honoree and 3x Dean’s list honoree and graduated from Wake Forest in 3.5 years with a BA in communication with a minor in film studies.

I wanted to make a company that knew how to market to women and also cultivated a culture internally that respects women and give them a chance to thrive. Ironically, PMM now works with several companies whose target audience is male and we have still been able to crush it!

how-i-started-a-22k-month-one-stop-shop-marketing-company-for-e-commerce-businesses

37. Become a freelance app developer ($75.3K/month)

A freelance app developer is a programmer who creates apps for mobiles for both Android and iOS devices. Freelance app development business targets creating various apps that give a user-friendly experience.

To become a freelance app developer, first, touch up on your skills. There are several courses available online. Once you obtain the certification, choose your niche and focus on your skillset.

Then the best way to showcase your work is to build a portfolio website where you will display your skills, projects, and testimonials. Another way to promote yourself is to create your brand and start a blog. This will, in turn, build a network, and you will be able to connect with people and attract more clients.

How Much Can You Make?
$10,000 — $91,000/month
Average Initial Investment
$350
Time To Revenue
240 days
Skills
Business model

Case Study

Hi, I’m Andrew 👋I like to joke that I’m a jack of all trades and master of pun…

  • An attorney take her legal tech startup from $0 to $1M in Annual Run Rate.
  • A 71-year-old financial consultant build his first tech company and close customers like Yale, Brown, NYU, and Dartmouth.
  • A doctor in Texas launch the first HIPAA compliant text messaging service.
  • A photo booth startup build tools that are used by Amazon, Uber, Red Bull, NBC, the NFL and more.

how-i-started-a-69k-month-software-agency-after-a-failed-product-launch

38. Start a domain name business

In today's tech-centric world, domain names business has become profitable. You can make passive income buying and selling domains while working a few hours daily. To begin a domain-flipping business, search for a quality domain and register it. List the domain for sale, and target the right buyers, so you maximize profit margin.

How Much Can You Make?
$7,000 — $830,000/month
Average Initial Investment
$1,500
Skills

Case Study

Hello, my name is Vathana Nguon and I am the founder of Anachak Design, a freelance Web Design Agency based in Cambodia. I started the company in 2015, my client list has included a broad range of companies from start-ups and big businesses. Here are some of the projects I have completed: Siem Reaper Travel, Tours By Jeeps, Ride & Rad - The Cycle Tour, etc.

I first launched my web design agency in 2015. I stumbled into beginning a business and I started with very low expectations and grew my business through old-fashioned methods like face-to-face marketing. With time, I began to receive a sufficient number of projects each month and hired my first three employees. Today I was able to generate $5,000 per month.

this-self-taught-wordpress-developer-started-an-84k-year-web-design-agency

39. Start a dating coaching business ($11.7K/month)

A dating coach offers training and guidance to improve the client's success in dating and relationships.

The dating coach evaluates the results of the client's actions and decides what changes to make to the client's dating approach to improve the outcome. Besides, dating coaches offer guidance and support, helping clients negotiate the often confusing first stages of their early romantic experiences.

Dating coaches have been around for years. A more recent trend is dating coaches who help people with conditions like autism overcome their situations and begin dating people they love. Do you love helping people achieve their dating goals? You can start a dating coach service today!

To start, identify a niche and create a website, to help you reach more people. You can target teenagers, divorced people, or older adults and help them through their dating life.

How Much Can You Make?
$1,500 — $30,000/month
Average Initial Investment
$20
Time To Revenue
240 days
Time Commitment Per Week
Min. 3 hours/week
Skills
Interests
Business model

Case Study

Hello! I'm Ta'Veca Collins, MSW, Registered Clinical Social Worker (Florida) Owner and operator of Romance On The Go, Concierge Services (ROTGO-Est. 2012), a small business that promotes romance and intimacy.

“Meet The Tolberts” - They spent their Honeymoon in Fort Lauderdale, FL. and we executed this sunrise picnic with a mini photoshoot.

how-i-started-a-business-where-i-plan-romantic-date-nights-for-couples

40. Start a time tracking app ($50.2K/month)

A time tracking app is a tool used allows its user to clock in/out via an internet-connected device, or to use a stopwatch to record the start and end of tasks. The time tracker apps also have the analytics and reporting features that consolidate the data, so users can gain insights on time spent on different tasks, projects and clients.

The growing need among managers and enterprises to improve employee productivity and the adoption of remote work culture are some of the factors contributing to the high demand for time tracking apps.

Therefore, if you are looking for the best App-based business, you may consider developing the time tracker application. Here is a high level overview of some steps to get you started working on your Time tracker App business idea.

  • Define the project scope
  • Choose a software development methodology
  • Formulate the approach for your development project
  • Create a project team
  • Develop the project plan with timelines
  • Test the prototypes
  • Find suitable API solutions
  • Publish the Apps

How Much Can You Make?
$350 — $500,000/month
Average Initial Investment
$29,210
Time To Revenue
330 days
Skills
Business model
Work from home

Case Study

My name is Dean Logan, the co-founder, and CEO of Labor Sync. Labor Sync was founded in 2009 along with my father and CFO Al Logan and CTO Joe Burger.

The amazing thing about Labor Sync is our expansive global presence for such a small company, only 12 employees! Our product is available in over 17 languages and used in over 100 countries.

how-i-launched-a-185k-month-employee-time-gps-tracking-app

41. Create a digital wallet app ($1.5M/month)

A digital wallet is a financial transaction application that runs on mobile devices. In today's digital era, people demand the freedom to purchase anything and be able to pay from their digital wallets.

With technological advancement, making digital payments has become easier than ever before. Anyone can use mobile payment platforms to pay and accept payments online. Therefore, creating a digital payments wallet can be a great business opportunity.

To create a digital wallet, conduct extensive market research and create a business plan. It would help if you could hire competent programmers to create a secure payment gateway.

How Much Can You Make?
$220,000 — $1,500,000/month
Average Initial Investment
$700,000
Time To Revenue
240 days
Skills
Work from home

Case Study

My name is Yavor Petrov and I’m the CEO of iCard - a unique and 100% digital bank account alternative.

Since the launch in late 2017 , the iCard app got around 500,000 downloads. An increasing number of our users opt to use our accounts for getting salaries paid in because of the security tools we have embedded. Everyone has their own particular favourite feature, but spending money in a way that provides better than expected funds protection is the main conversion point and we seek any opportunity to emphasize it.

how-we-launched-a-1-5mm-month-digital-wallet-and-financial-services-company

42. Start an e-commerce order fulfillment business ($18K/month)

An e-Commerce fulfillment business picks, packs, and delivers products to customers. The tasks involved include maintaining inventory, locating products within the storage, packaging, and supporting the delivery logistics.

To expand your business, work with third-party fulfillment providers such as Shopify Fulfillment Network, Colorado Fulfillment Co, or Sunship.

How Much Can You Make?
$18,000 — $5,583,333/month
Skills
Business model

Case Study

Hi! My name is Jan Bednar and I’m the CEO and founder of ShipMonk, a technology-driven fulfillment center based in South Florida.

Last year, we were named America’s Fastest Growing Fulfillment Center and scored a spot at #29 on Inc. 5000’s list of fastest growing companies. We made the list again this year at #154. With projected revenue of $60M for 2019, we absolutely can’t wait to see what else is in store for us!

how-this-immigrant-entrepreneur-built-a-60m-year-fulfillment-business

43. Start a white label reporting tools business ($833K/month)

A white label reporting tool is software provided unbranded to a reseller. The reseller company rebrands and sells as if it were its reporting tool.

In most cases, a white label reporting tool is sold as a SaaS product where the company using the software is renting or leasing under a monthly or annual subscription.

With a white label reporting tool business, the reseller offers the tool to its clients without investing in development. The deployment is much faster than when the company was to hire its developers to do the product.

44. Start a sms marketing business

SMS marketing refers to sending promotional campaigns or transactional messages for marketing purposes using text messages.

With 85% 0f adults in the US owning a smartphone, SMS is an excellent way to reach customers directly. Recent statistics show that approximately 55% of US retailers plan to increase investments in mobile SMS marketing.

Typical applications of SMS marketing include:

  • Personalized promotions
  • Offers or discounts
  • Remarketing campaigns
  • Online surveys

Given the widespread adoption of SMS marketing, you better start your SMS marketing platform and offer businesses the service based on once-off purchases or long-term subscriptions.

How Much Can You Make?
$2,000 — $3,100,000/month
Average Initial Investment
$35,007
Skills

Case Study

My name is Lars Helgeson and I am the founder of GreenRope, a CRM and marketing automation platform. Our company started in 2000 as an email marketing SaaS and in 2008 decided to focus on the challenges that businesses face in managing sales, marketing, customer service, and operations.

GreenRope has over 1,000 customers in over 20 countries, ranging from startups to universities and municipalities.

on-starting-a-160k-month-crm-automations-company-after-a-us-air-force-career

45. Start an online jewelry store ($297K/month)

Starting an online jewelry store can be a lucrative and engaging business. The online jewelry store industry has been growing rapidly. More and more people are buying cheaper jewelry online because it is easier and has a much larger selection.

The United States jewelry market was valued at about $76B in 2020. Diamond jewelry is the most valuable jewelry market in the United States. Starting an online jewelry store can be extremely profitable. But to do this, you need a great e-commerce platform.

How Much Can You Make?
$1,000 — $500,000/month
Average Initial Investment
$37,500
Time To Revenue
300 days
Skills
Business model

Case Study

I am Nikolay Piriankov, the Founder and CEO of Taylor & Hart. We are an award-winning, disruptive e-tailer of custom-designed, ethical engagement rings, wedding rings, and fine jewellery, that capture your story. Our online platform, processes, and brand democratises bespoke jewellery, allowing us to offer this service at scale. Taylor & Hart's vision is to reconnect customers with the original purpose of jewellery - a personalised product that tells a unique story.

Recently we closed a seed round of £1M. The London based Garage Soho, an early stage investor and brand builder also supported us in the last round.

starting-and-growing-a-jewelry-business-to-4-6m-year

46. Start an online form builder ($219K/month)

An online form builder is a tool that allows you to quickly and easily build online forms for your website.

Benefits of using a form builder:

  • Use to easily collect information from visitors, customers, employees, or even other businesses for marketing research.
  • Help businesses get more leads and increase conversion.
  • You can build beautiful and professional-looking forms in minutes.

How Much Can You Make?
$10,000 — $420,000/month
Average Initial Investment
$5,000
Skills

Case Study

My name is Lars Helgeson and I am the founder of GreenRope, a CRM and marketing automation platform. Our company started in 2000 as an email marketing SaaS and in 2008 decided to focus on the challenges that businesses face in managing sales, marketing, customer service, and operations.

GreenRope has over 1,000 customers in over 20 countries, ranging from startups to universities and municipalities.

on-starting-a-160k-month-crm-automations-company-after-a-us-air-force-career

47. Start an online advertising agency ($410K/month)

An online advertising agency provides business owners with a wide range of marketing services to help them reach targeted customers, and increase their product or service sales.

Services offered by online advertising agencies include creating ads, planning marketing campaigns, deciding the best platforms for reaching the target audience, and analyzing performance to help businesses make strategic marketing and advertising decisions.

How Much Can You Make?
$10,000 — $1,250,000/month
Average Initial Investment
$18,576
Skills

Case Study

Hello, my name is Luis Camacho and I am the founder of Fantôm Agency and also the host of the SaaS AdLab podcast, which is a podcast where I interview SaaS founders to learn more about their story. Fantôm is a digital advertising agency which focuses on helping mid-to-late stage SaaS (software as a service) companies scale through paid advertising channels such as Google, Facebook, and LinkedIn.

Fantôm focuses entirely on paid advertising, I guess you could say that’s the bread and butter, it’s what I’m great at but it’s also what I’m most passionate about. There were attempts to enter different service offerings but did not have as much fun doing so. Now when clients have the need for other types of marketing, say, email marketing, I point them to one of my trusted partners who are able to execute and over-deliver on such service for them. Currently, Fantôm is making roughly $8,600 per month overhead is only a couple of hundred dollars per month, about $300, which go towards tools and software needed in order to provide the best possible results for clients.

my-story-on-building-my-own-8k-month-digital-advertising-agency

Pat Walls,  Founder of Starter Story
Want to start your own business?

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meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.