20 Brilliant Business Ideas For Book Lovers
If you are looking for business ideas as a book lover to begin your path to entrepreneurship, you are in the right place.
With starting a business as a book lover, there are plenty of opportunities that can help you follow your dreams and build a successful career.
In this post, you will discover profitable business ideas, perfect for those who want to have a flexible job, capable of multiplying the average income, while becoming your own boss.
Check out the full list below to help you find your next idea!
Here they are:
1. Start a tutoring business
Starting a tutoring side hustle is a great way for teachers and students to earn extra monthly income.
If you are considering becoming a tutor, find an ideal tutoring niche, and craft a tutoring website.
Then, find your tutoring clients and market your side hustle online. You can choose to offer online tutoring as a part-time or full-time engagement.
How much you can make: $1,000 — $375,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 15 days (?)
Time commitment per week: Min. 5 hours/week
A 22-year-old entrepreneur started an online SAT/ACT tutoring company from his bedroom which has seen a linear increase in student sign-ups each month, currently bringing in an average revenue of $15,000 a month and plans to triple in 2020.
2. Start a blog
In recent years, blogging has become a highly sought-after & lucrative Business. This location-independent business is a creative outlet to reach a broader audience and even work at any time. According to Optinmonster’s list of blogging statistics and facts:
- Blogs have been rated as the 5th most trustworthy source of gathering online information.
- 77% of internet users read blogs.
- Each month, approximately 409 million people view more than 20 billion pages.
Originally blogging started as an online journal, but today it is a highly profitable career option. Many people are choosing blogging as their full-time career and are earning their bread and butter from this profession.
If you want to start blogging as a side hustle or as a full-time profession, choose a niche you will enjoy writing about and have a content strategy ready. Then, create a mailing list, and decide on a good blog posting routine to keep your audience engaged.
How much you can make: $200 — $160,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 37 days (?)
Time commitment per week: Min. 5 hours/week
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
3. Start a publishing business
Starting a publishing business can be a rewarding and lucrative endeavor for those with a passion for literature and strong business acumen. This type of business involves producing and distributing written materials such as books, magazines, and digital content.
To start a publishing business, you need a solid business plan outlining your goals and target market. You will also need to secure funding to cover the costs of printing and distributing your materials. This can include obtaining loans or seeking investors.
In addition to financial resources, you will need a team of professionals with expertise in editing, design, marketing, and sales. It’s important to build a diverse and skilled team to ensure the success of your business.
Success in the publishing industry requires a strong understanding of current trends and adapting to changing market conditions. Stay current on industry news and continually seek new opportunities to grow and expand your business.
Starting a publishing business requires hard work, dedication, and a willingness to take risks. But with the right team and strategy, it can be a fulfilling and profitable venture.
How much you can make: $1,200 — $2,000,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 105 days (?)
Reedsy, a book publishing services marketplace that connects authors with freelancers, has driven over $1m in GMV, features over 1,500 vetted freelance professionals, and sees over 1,000 projects every month.
4. 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 a living self-publishing and selling eBooks online as long as you are ready to invest your time and money in it.
Anyone can start an eBooks business! Just choose a niche that interests the target audience, and ensure in-depth research.
How much you can make: $2,000 — $62,500/month
How much does it cost to start: $67 (?)
How long does it take to build: 120 days (?)
Content-Whale, a content curation agency, has achieved a Rs. 4 crore ($514k/year) turnover 4-5 years after being started with just Rs. 2500 ($35), and has a pool of more than 500 writers, aiming to become a market leader in the global content market.
5. Start a book reviewing business
How much you can make: $1,000 — $90,000/month
How much does it cost to start: $7,525 (?)
How long does it take to build: 60 days (?)
Foreword Reviews is a media company that started out as a magazine with a print run of 7,500 copies, serving as a brochure for publishing services including foreign rights exchange and digital content, and twenty years and some intense pivots later, it has become one of the most profitable in the book business.
6. Start a podcasting business
Podcasting businesses often start 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 of 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 you can make: $5,000 — $349,983/month
How much does it cost to start: $200 (?)
How long does it take to build: 30 days (?)
Empire Flippers is a thought leader in brokering online business deals, having brokered over $50 million worth of deals and grown their pool of potential buyers by hundreds every month through a focus on content marketing and middle-of-funnel content.
7. Start an amazon book promotion business
8. 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 require 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 millions around the planet will read.
How much you can make: $1,200 — $208,333/month
How much does it cost to start: $300 (?)
How long does it take to build: 75 days (?)
Time commitment per week: Min. -1 hours/week
A freelance writing program that teaches intermediate-level writers how to command $1,000 - $3,000 per article, with creator Arlie Peyton generating $10k a month from writing custom long-form articles that get premium results in the eCommerce and SaaS industries and for personal brands.
9. Start a youtube channel
For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. In addition, YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.
In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube's popularity to earn extra income.
If you want to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.
How much you can make: $800 — $4,500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 48 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
10. 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 — $16,666,667/month
How much does it cost to start: $210 (?)
How long does it take to build: 180 days (?)
Vowed Box Co. is a line of curated, quirky gift boxes with non-traditional brides in mind, offering four different products that have helped the business become profitable most months since its launch in 2018, with a monthly income of roughly $600.
11. Start a book club
A book club consists of several people who read and talk about the books based on the topic or an agreed reading list.
Setting up your book club can be a great way to enjoy books and meet new people.
More importantly, a book club is a well-paying side hustle idea. Therefore, figure out who you invite to your book club and define the purpose.
Do you want to learn something new, or do you just want to bond with other book lovers? Having a defined purpose helps you reach like-minded people to keep the book club close-knit.
How much you can make: $4,000 — $13,000/month
How much does it cost to start: $75 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Two friends started an online book club that now has 570 members and generates £10,500 MRR, by addressing the problem of 'Tsundoku,' charging a monthly subscription fee for one non-fiction book, one inspiring meetup, and one custom cocktail, inspiring conversation and community.
12. Start an used book store
Starting a used book store may seem quaint and outdated in today’s digital age, but it can be a thriving and lucrative business.
For bibliophiles and avid readers, a used book store offers a treasure trove of pre-loved books at affordable prices. Not only do customers get to add to their libraries, but they also get to support sustainable practices by giving these books a second life.
A used book store can also serve as a community hub, providing a space for book clubs, readings, and other literary events. So why not dust off the old business plan and open the doors to your used book emporium?
13. Start a language translation service
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 you can make: $40,000 — $550,000/month
How long does it take to build: 70 days (?)
DEMAN Translations grew from 6 employees and 1.5 million euros in turnover in 2015 to 17 team members and 3.5 million euros in sales in 2020 after acquiring 12 other translation agencies, with a goal to reach 6 million euros this year and 10 million euros in 2022.
14. Become a craft book author
15. Start a short-story writing business
Are you passionate about writing but not sure which business you can start? If you are creative enough, you could start writing short stories and selling them via online platforms.
Short stories refer to a content category with less than 100 pages comprising approximately 20,000 words.
Starting a short story business takes a lot of legwork and dedication. Choose a niche, and focus on creating attractive and entertaining content. With a serious commitment to your business, you could be on your way to earning a six-figure profit monthly.
How much you can make: $62,500/month
How much does it cost to start: $35 (?)
How long does it take to build: 150 days (?)
Content-Whale, a content curation agency, has achieved a Rs. 4 crore ($514k/year) turnover 4-5 years after being started with just Rs. 2500 ($35), and has a pool of more than 500 writers, aiming to become a market leader in the global content market.
16. Start a book rental business
17. Start a bookkeeping business
A bookkeeping business keeps track of monies coming into and out of business and maintains an accurate financial record, as per the International Association of Bookkeepers.
As a bookkeeping business, your role is to help small and medium-sized enterprises in the:
- Preparing their year-end tax and VAT returns
- Keeping on top of day-to-day cash flow
- Running finances efficiently
To become a bookkeeper, you must be accurate in your work and understand financial topics well.
How much you can make: $25,000 — $100,000/month
A case study about FreeCashFlow.io, an accounting agency that specifically caters to the financial needs of Onlyfans models and entrepreneurs, helping them with bookkeeping, taxes, and financial management, all while overcoming the stigma associated with the industry.
18. Start a writing workshop teaching business
A writing workshop teaching business is a venture where you help aspiring writers improve their skills and become better at expressing themselves through words.
The writing workshop business involves organizing in-person or online classes, where you guide participants through various writing exercises and provide constructive feedback on their work.
You don't need a fancy setup or expensive materials to start this business – just a passion for writing and a willingness to share your knowledge. With minimal costs for marketing and some basic materials, you can turn your love for writing into a low-cost and rewarding business opportunity.
How much you can make: $30 — $208,333/month
How much does it cost to start: $75 (?)
How long does it take to build: 60 days (?)
Merrative, a community-driven marketplace for publishing talent, generates an average of $1,500 per month in marketplace transactions from their 5,000+ strong community of readers, writers, journalists, and scholars.
19. Start a book store
Starting a bookstore is a great way to start a small business.
Bookstores are found anywhere, from the smallest towns to the largest cities. Perhaps you have thought of running your bookstore . People need to read and buy books, and that’s been true for thousands of years. A bookstore is also a great central location where people can browse and purchase books.
Listed are the steps to start a bookstore business.
- Register your business
- Get all required permits and licenses.
- Organize your business operational flow
- Promote your business
20. Start a story telling business
How much you can make: $45,000/month
How long does it take to build: 90 days (?)
Ariella started Lioness, a storytelling company, that currently makes $45k a month working with startups, corporations, non-profits, and individuals by democratizing access to the news media using a journalistic approach to public relations to bridge a gap helping people bring their stories forward.
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
