The 52 Best Business Ideas To Start In Bulgaria [2024]

Updated: June 21st, 2022

Interested in starting a business in Bulgaria in 2024?

We put together 52 of the best businesses you can start in Bulgaria today.

In this list of ideas, you can find:

  • Home-based businesses to start in Bulgaria
  • Profitable online business ideas
  • Unique business opportunities for Bulgaria
  • Low investment business ideas (under $5k to start)
  • Easy businesses you can start in Bulgaria today

For each business idea, we’ll show you real-world examples, revenue expectations for each idea, + a step-by-step on how to start your small business in Bulgaria.

Here's the full list:

1. 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 (?)

I Make $1,350/Month With A Hiking Advice Website [Side Hustle]

From almost zero knowledge about SEO and marketing, this founder grew Gear Up Hiking, a hiking and camping niche affiliate blog that currently averages $1300+ per month and has a traffic range of 20k to 30k visitors monthly, and is worth over $50,000 if sold for profit.

About
Asen started Gear Up Hiking over 5 years ago
Revenue
Asen grew the business to $1.35K/month
Costs
It cost Asen $1700 to start the business
Read by 7,150 founders

2. Start a project management tool

A project management tool business involves developing software that helps managers and teams organize, plan, and track projects.

Features may include task lists, Gantt charts, time tracking, resource planning, collaboration tools, reports, and more.

You can offer the software as a web or mobile application through a software-as-a-service subscription model.

Building an innovative and user-friendly project management tool has excellent business potential as organizations constantly seek solutions to improve workflow, accountability, and efficiency.

How much you can make: $3,000 — $830,000/month

How long does it take to build: 271 days (?)

How Developing An Internal Solution Led To Building A $21K/Month Project Management System

Ora PM is a project management system that generates an average monthly revenue of $21k, and is designed for use by individuals as well as companies with big projects.

About
Nikolay started Ora about 9 years ago
Revenue
Nikolay grew the business to $21K/month
Costs
It cost Nikolay $50000 to start the business
Read by 5,590 founders

3. Start a website hosting platform

How much you can make: $7,000 — $1,180,000/month

How much does it cost to start: $1,250 (?)

How long does it take to build: 67 days (?)

Tired Of Bad Hosting Services, We Decided To Start Our Own [Now A $3.6M/Year Business]

WPX, a WordPress hosting company, started as a side project bootstrapped with just a server and a few licenses, and is now a team of over 100, servicing over 11,000 customers globally, with an annual income of $3M, thanks to their consistent focus on providing fast, reliable service and tech support for non-techies.

About
Georgi started WPX about 11 years ago
Revenue
Georgi grew the business to $300K/month
Costs
It cost Georgi $10000 to start the business
Read by 3,537 founders

4. Create a shopify app

How much you can make: $10,000 — $96,000/month

How long does it take to build: 90 days (?)

This Dropshipper Built A $20K/Month Shopify Order Tracking App

Rush co-founder Kiril Kirilov has developed an all-in-one post-purchase solution for Shopify businesses that has achieved $20k in monthly recurring revenue, boasting impressive last mile updates and notifications, customizable tracking pages, and upselling and cross-selling options.

About
Kiril started Rush - Ship, Track, Notify over 4 years ago
Revenue
Kiril grew the business to $20K/month
Costs
It cost Kiril $300000 to start the business
Read by 5,667 founders

5. Create a digital wallet app

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 you can make: $220,000 — $1,500,000/month

How long does it take to build: 400 days (?)

How We Launched A $1.5MM/Month Digital Wallet and Financial Services Company

iCard is a leading e-money institution that offers a unique and 100% digital bank account alternative, with their app and services supporting the daily payments of people in over 30 European countries, and since launch in late 2017, the iCard app has seen around 500,000 downloads.

About
Yavor started iCard about 16 years ago
Revenue
Yavor grew the business to $1.5M/month
Read by 10,556 founders

6. Start a niche blog

Starting a niche blog can be a great way to engage with a passionate online community by sharing your expertise on a specific topic.

The first step is to identify a profitable and underserved niche, such as fashion, video games, film reviews, cooking, and more.

Find your niche and create unique and informative content, such as articles, commentary, news, how-to guides, top product lists, convention coverage, video interviews, and spotlights.

To monetize your blog, gain visibility and followers, provide affiliate links, grow a YouTube channel, collaborate with relevant brands, and speak at events.

To succeed in niche blogging, you need to have a passion for your topic, create engaging content, and regularly engage with your followers.

How much you can make: $200 — $250,000/month

How much does it cost to start: $450 (?)

How long does it take to build: 30 days (?)

I Make $1,350/Month With A Hiking Advice Website [Side Hustle]

From almost zero knowledge about SEO and marketing, this founder grew Gear Up Hiking, a hiking and camping niche affiliate blog that currently averages $1300+ per month and has a traffic range of 20k to 30k visitors monthly, and is worth over $50,000 if sold for profit.

About
Asen started Gear Up Hiking over 5 years ago
Revenue
Asen grew the business to $1.35K/month
Costs
It cost Asen $1700 to start the business
Read by 7,098 founders

7. Start a food truck

Food trucks are a highly profitable business that offers customers a variety of meal options out of a mobile truck. This basically operates inside a large vehicle equipped with kitchen and food products. Starting a food truck is a dream for many people, but it's more challenging than it looks. To make it work, you need the ideal location and menu.

To start a food truck business in a particular city, it is mandatory to check what kind of food trucks are already operating, identify a gap, and bring in some new experiences. Then, with the right plan and the right approach, you can be on your way to starting your own food truck empire.

How much you can make: $30,000 — $1,500,000/month

How long does it take to build: 75 days (?)

Time commitment per week: Min. 5 hours/week

How I Took Food Trucks Corporate And Built A $18M Business

Food Fleet grew over 160% in just one year and managed over 20 million in sales for its clients, securing multiple contracts with the likes of Sodexo, Levy Restaurants and more, due to its understanding of catering client needs and its advanced turnkey and design services.

About
Jeffrey started Food Fleet over 12 years ago
Revenue
Jeffrey grew the business to $1.5M/month
Read by 15,146 founders

8. Become a software developer

A software developer is a person who creates computer programs. They design, test, and oversee the creation of software for a variety of purposes including businesses, personal use, or social networking.

If you have strong technical skills and experience in programming, you can start a software development business. You should also have a good understanding of how the software works.

The average salary for software developers is $110,140. The best-paid 25 percent earn an annual income of up to 140K dollars while the lowest-paid workers make just under 84K dollars.

The recent trends in software development are moving towards mobile apps and cloud-based solutions. Businesses are providing a variety of programming languages and tools to create software that meets the client's needs.

Starting a software development company is the perfect way to explore in this exciting industry. This type of business is growing in popularity as businesses are looking for ways to offer their customers a convenient way to access their data and applications.

How much you can make: $1,700 — $350,000/month

How long does it take to build: 180 days (?)

How We Started A $350K/Month Business Developing Software Tools For Ecommerce Brands

SkyVerge, a software company, has grown rapidly with revenue of $350,000 per month, over 100,000 eCommerce customers, and a globally distributed team of 30 people, all through starting with consulting projects and building focused and solutions-based products, acquiring small products from other developers, and focusing largely on content marketing and providing excellent customer support.

About
Max started SkyVerge, Inc. over 11 years ago
Revenue
Max grew the business to $350K/month
Read by 36,281 founders

9. Start a consulting business

Consulting businesses are booming, more so than ever before, and seeing year-over-year growth. With an accumulated value of about $250B, the global consulting industry is one of the biggest markets within the professional services sector.

If you want to start your own consulting business with valuable insights from industry experts, reading about their entrepreneurial journey will help you decide how you should go about it.

How much you can make: $100 — $1,500,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

How I Started A $45K/Month Cybersecurity Consulting Firm For Startups

Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.

About
Taylor started Eden Data over 4 years ago
Revenue
Taylor grew the business to $230K/month
Read by 35,043 founders

10. Start a life coaching business

Life coach helps people in various areas of their lives using a combination of emotional intelligence, professional knowledge, and experience.

Life coaching is a popular industry worth over $2.85 billion, and the number of life coaches has increased by 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 start. Then, you can begin coaching part-time in your spare time until you build up your clientele.

How much you can make: $100 — $120,000/month

How much does it cost to start: $750 (?)

How long does it take to build: 90 days (?)

Time commitment per week: Min. 5 hours/week

How I Launched A $5K/Month Platform To Connect With Growth Mentors

GrowthMentor, a platform connecting vetted growth mentors for one-on-one calls, founded by Fotis Panagiotakopoulos, has had over 2,500 mentorship calls booked to date and has seen success in using word of mouth, content marketing, and leveraging other people's networks as the primary drivers of customer acquisition.

About
Foti started GrowthMentor over 5 years ago
Revenue
Foti grew the business to $10K/month
Read by 45,091 founders

11. Start a mobile app development business

Mobile app development is the process of creating software applications that run on mobile devices. These apps can be used for a variety of purposes, including games, productivity, and social networking.

Starting a mobile app development business is a great way to enter the world of software development. This type of company is growing in popularity as businesses are looking for ways to reach their customers through mobile apps.

To start a mobile app development company, you need to have strong technical skills and be able to develop high-quality software. You should also have a good understanding of how to market and sell mobile apps

How much you can make: $7,500 — $700,000/month

How much does it cost to start: $7,500 (?)

How long does it take to build: 120 days (?)

How We Started A $82K/Month Custom iOS And Android Apps Development Agency

"We started a custom iOS and Android app development consultancy that now makes nearly seven-figures a year by landing clients like Great Clips and the USA CUP after building successful concept apps."

About
Rob started The Jed Mahonis Group about 12 years ago
Revenue
Rob grew the business to $80K/month
Costs
It cost Rob $500 to start the business
Read by 10,483 founders

12. Start an online language coaching business

The world has become more globalized. Businesses have become cross-border, and executives have to travel to meet new customers. One thing that is obvious is that there is a need for language translation services.

If you have proficiency in one or more foreign languages then you can consider working as a language coach.

Teaching a language online is intensive as you have to meet and communicate with the audience often, and check their progress. If you are looking for an opportunity to earn working online, consider starting online language lessons.

How much you can make: $240 — $75,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 212 days (?)

On Starting A Private German Lessons Online Service

Marlena Jorn started Marlena Jorn Tutors in teaching German to a group of people privately; she learned through experience what worked best to design her class structure and advertising/marketing materials, and from word of mouth has gained a very successful response so far.

About
Marlena started Marlena Jorn Tutors over 3 years ago
Revenue
Marlena grew the business to $240/month
Costs
It cost Marlena $300 to start the business
Read by 6,041 founders

13. Start a language learning app

Language learning apps use different activities and methods to assist users to expand their vocabulary and develop correct linguistic skills and general communication skills. The demand for global language learning apps has recorded a massive rise in the past decade and is expected to rise beyond $21.2 in the next few years.

Therefore, if you love linguistics or you have a passion for building apps that teach people a new language, then the language app business idea is worth diving into.

Here are basic steps to guide you through the journey of building a language learning app:

  • Come up with an application concept
  • Make a unique business analysis
  • Define the feature set and make the requirements list
  • Choose the technology stack based on the platform
  • Develop the application design
  • Create the content
  • Develop full application version or MVP of your choice
  • User testing
  • Market and advertise the application

From the ideation stage to the final stage of your app development, focus on ensuring that your language learning application will have the following features:

  • Gamification to encourage learners and bring on the competition
  • Break down the courses into small chunks
  • Provides learners with timely and relevant tips
  • Variety of content and activities
  • User-friendly design and interface
  • Create a users’ community so they can interact and share tips
  • Ensure a simple sign-in
  • Regular assessment to test and score learner’s progress

Examples of language learning apps include Duolingo, Memrise, and LinguaLift.

How much you can make: $10,000 — $18,635/month

How much does it cost to start: $900 (?)

How long does it take to build: 365 days (?)

How We Started A $18K/Month App And Browser Extensions Development Business

Gikken is a small, profitable European company founded by Alex that makes browser extensions and apps used by 800,000 people every month, with their flagship product, Mate Translate, generating around $18,000 a month, but monetizing their user base better is their top priority for the next year.

Revenue
Alex grew the business to $18.6K/month
Read by 10,413 founders

14. Become a mobile personal trainer

Do you love helping people through their fitness journey? If you want a great side hustle to earn extra income, consider becoming a personal trainer.

The fitness trainer side hustle can be an adamant industry to earn good money. However, once you develop a reputation as a good trainer, you can get more clients through referrals. You need to register for the certification course to start offering personal trainer services in Bulgaria.

To attract your first clients, consider online advertising, and seek referrals from every customer.

How much you can make: $600 — $60,000/month

How long does it take to build: 532 days (?)

Time commitment per week: Min. 4 hours/week

How I Started A $60K/Month Personal Training Company

Live Fit, a personal training company founded in 2011, grew from earning $80,000 in their first year with two trainers to earning over $760,000 in 2019 with 12 trainers and two locations, thanks to a focus on building trusting relationships and providing a variety of services to clients.

About
Chris started Live Fit over 13 years ago
Revenue
Chris grew the business to $60K/month
Costs
It cost Chris $50000 to start the business
Read by 8,235 founders

15. Become a proofreader

Proofreading business is a service that helps customers review their written work and ensure it is ready for publication. Typically, a proofreader corrects grammatical errors and provides the written piece meets any relevant style guide.

As a proofreader, you can work online, allowing you to choose what time to work.

If you plan to start a professional proofreading business in Bulgaria, make sure you possess the following skills:

  • Have an excellent grasp of grammar
  • Ability to correct mistakenly capitalized words
  • Familiarity with the proper use of capitalization
  • Use spell-checkers to flag misspelled words

Proofreading is a great way to enhance content quality. With the increased use of written content marketing to reach a broader market, the demand for professional proofreaders has grown tremendously. Professional proofreaders earn an average of $12/hr. And $30/hr.

Therefore, consider proofreading as a business if you are looking for a great side hustle idea or simply looking for ways to increase your income.

How much you can make: $2,000/month

How I Added $2,000 To My Monthly Income Proofreading Blog Posts

A proofreader was able to build a consistent income of ~$2,000 per month from scratch with zero experience in the field, no expenses, and barely any upfront costs by targeting bloggers and content creators who want their content to be copy edited and proofread.

About
Lenny started The Blog Proofreader about 8 years ago
Revenue
Lenny grew the business to $2K/month
Read by 14,512 founders

16. Become a virtual assistant

Virtual assistants support businesses, teams, or individuals by performing administrative tasks remotely. As businesses these days tend to outsource their tasks, the demand for virtual assistants is growing rapidly.

Becoming a virtual assistant is flexible, as you can choose a work schedule and location at your convenience. Many virtual assistants in Bulgaria have a dedicated home office where they work in a quiet and distraction-free environment.

To become a virtual assistant, identify a niche you like and undertake any training. Then, figure out how much to charge your customers and create an online presence where you can apply for jobs. As a virtual assistant, you can define your work schedule depending on your availability.

How much you can make: $1,000 — $1,000,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

On Starting A Business Training Virtual Assistants

Filipino Virtual Assistance by FVA Business Consultancy, founded by Julmar Grace Locsin, offers online and offline training to empower marketers, enable businesses, and equip freelancers which has trained 25,000 students from their 31 courses, has 16 coaches assigned from different territories, and fifteen in the FVA team for global digital leadership that will impact the world through digitalization, one life at a time.

Revenue
Julmar grew the business to $1K/month
Costs
It cost Julmar $500 to start the business
Read by 7,884 founders

17. Start an online video editing business

Video editors manage camera footage, dialogue, sound effects, graphics, and special effects to produce the final film or 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 you can make: $2,000 — $100,000/month

How long does it take to build: 145 days (?)

How We Developed A $6K/Month Online Video Editing Software

VEED.IO, a London-based start-up co-founded by Sabba and her partner, offers a simple online video editing platform using batch job cloud architecture to help social media managers across the world auto subtitle, filter, rotate videos and much more, earning the company $5,300 MRR and the founders Ramen profitability within just a year of starting.

About
Sabba started VEED almost 6 years ago
Revenue
Sabba grew the business to $6K/month
Read by 12,165 founders

18. Start a content writing company

Content writing involves writing, editing, and publishing content in a digital format. Examples of content include a blog post, product description, and podcast script—eBooks, press releases, or landing page content.

Becoming a content writer allows you to work as your boss. Therefore, you choose whatever working schedule suits you and take a manageable workload. Moreover, content writing helps you develop essential skills you may not obtain from regular writing.

Content writing is a highly-on-demand service, as companies compete for the online audience who often begin their shopping journey by searching for relevant and educative content online. Therefore, a content writing company is an excellent source of passive income.

To start a content writing company in Bulgaria, research the market and choose a suitable niche. Sketch a proper business plan and create a website. Hire a pool of talented writers and leverage modern technology to streamline operations.

How much you can make: $1,000 — $250,000/month

How much does it cost to start: $550 (?)

How long does it take to build: 30 days (?)

How Dani Mancini Transformed Her Freelance Gigs Into A SaaS Business

Scribly.io, a subscription-based copywriting service providing high quality content that helps businesses scale at roughly 50% of the cost of hiring in-house, created by Dani, a first-time entrepreneur who started with just a few hundred dollars worth of projects and with the help of three other writers; as of last month, Scribly.io topped $14K monthly revenue.

About
Dani started Scribly almost 6 years ago
Revenue
Dani grew the business to $37K/month
Read by 12,847 founders

19. Start a stock photography business

Stock photography is typically sold on an exclusive basis to one buyer for a single usage fee. Stock photos are often available in different sizes, resolutions, and file formats. Businesses most commonly use stock photos for marketing purposes.

Stock photography is the supply of photographs often licensed for specific uses. Stock photos are the perfect marketing and advertising resource for website owners and bloggers.

You can build an impressive portfolio and earn a passive income by uploading high-quality stock photos.

To start a stock photography business in Bulgaria, invest in some good photography gear and learn how to take stock photos. An excellent online presence can help you sell your stock photos faster and at profitable margins.

How much you can make: $1,200 — $45,000/month

How much does it cost to start: $3,500 (?)

How long does it take to build: 60 days (?)

How I Started A Commercial Product Photography Business

Pro Photo Studio founder Tsour Lee Adato shares how she turned a $5k investment into a business that services over 500 clients annually and makes approximately $350k per year with plans to expand and become a 7-figure business while offering advice to fellow entrepreneurs to always be innovating, learning and growing, and not to undervalue themselves.

Revenue
Tsour grew the business to $45K/month
Costs
It cost Tsour $5000 to start the business
Read by 14,832 founders

20. Start a dropshipping business

Dropshipping is a business model where you sell products to customers without holding inventory.

Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.

To start a dropshipping business on a budget, choose a niche or category of products you want to sell.

Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.

Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.

How much you can make: $6,000 — $3,000,000/month

How much does it cost to start: $6,000 (?)

How long does it take to build: 90 days (?)

Time commitment per week: Min. 10 hours/week

How I Started A $100K/Month Business Mentoring Dropshipping Entrepreneurs

Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.

About
Kamil started E-commerce Mentoring about 7 years ago
Revenue
Kamil grew the business to $100K/month
Costs
It cost Kamil $1000 to start the business
Read by 24,746 founders

21. Start a podcast agency

A podcast agency builds and promotes podcasts for other businesses. The podcast agencies develop strategies for making the client's podcast a success.

If you plan to start your own podcast agency, you may offer full podcast services or identify a niche and focus on it. Options include:

  • Podcast production agency - Creates audio content for podcasts
  • Podcast advertising agency - Advertise on podcasts
  • Podcast editing agencies - Edit podcast episodes
  • Podcast marketing agencies - Build podcasts to market the business or market businesses through other podcasts.
  • Podcast booking agencies - Booking podcasts guests.
  • Podcast promotion agency - Promote podcasts.

Building and growing a podcast requires some level of skills and expertise that many businesses may lack. Thus, they hire a podcast agency to help in all or particular aspects of podcast building and marketing.

How much you can make: $5,000 — $17,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 48 days (?)

How I Started A $17K/Month Podcast Growth Service

Fame's founder, Tom Hunt, shares how he started a $17k/month podcast growth service for B2B SaaS and service businesses, and provides insights on how he grew the business to $20k MRR and his plans to hit $50k MRR by the end of 2021 through prioritizing revenue and customer satisfaction.

About
Tom started Fame over 4 years ago
Revenue
Tom grew the business to $17K/month
Read by 6,870 founders

22. Start an online advertising agency

An online advertising agency helps businesses promote their products or services on the internet.

To start this business on a budget, first learn the basics of digital marketing through free online resources.

Create a professional website and set up profiles on social media platforms to showcase your skills.

Build a portfolio by working on mock campaigns or offering discounted services to friends and family, and gradually market your services to attract clients.

With dedication, you can grow your agency over time.

How much you can make: $10,000 — $1,250,000/month

How much does it cost to start: $2,250 (?)

How long does it take to build: 45 days (?)

How I Started A $120K/Month Online Course For Social Media Marketing Agencies

Iman Gadzhi made over $1.2M in profit within two years with his social media marketing agency and education company, where he teaches entrepreneurs how to start and scale a profitable SMMA, with over 45 of his students making over six figures with their SMMA, and over 300 students having quit their regular jobs.

About
Iman started Grow Your Agency about 7 years ago
Revenue
Iman grew the business to $120K/month
Read by 14,888 founders

23. Start a mobile photography business

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 in Bulgaria, 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 you can make: $2,000 — $500,000/month

How much does it cost to start: $5,000 (?)

How long does it take to build: 200 days (?)

Embracing the Experience Economy with a $300K/mo Photo Booth Startup

Photobooth Supply Co. offers a profitable business opportunity through their sleek and portable photo booths, with up to 97% satisfaction rate and a focus on customer experience, in a fast-growing event industry where photo booths are exploding.

About
Brandon started Photobooth Supply Co. over 11 years ago
Revenue
Brandon grew the business to $500K/month
Read by 15,705 founders

24. Start a freelancer platform

Freelancer platform is a place where people come with skills and services to offer and people come who need those skills and services. So we can say freelancer platforms are a marketplace for sellers and buyers of services and skills.

The freelancing industry is growing rapidly and it's becoming a popular career option for people who are "non-traditional" employees. The global Freelance Platforms market size is expected to reach $6.7B by the year 2025. While working on a full-time job, freelancers simultaneously work on a freelance career. The platforms available online help them to increase their business by attracting new clients.

With all of the businesses looking for help on their websites, it would be a good idea to start a freelancer platform. Freelance platforms do well because people have jobs that need to be done and businesses have the resources to pay for the job at hand.

How much you can make: $3,000 — $5,000,000/month

How long does it take to build: 80 days (?)

We Bootstrapped A Tech Talent Platform To $1.2M Sales In Our First Year

CloudDevs, a tech talent platform that sources and vets freelance tech talent and matches them with companies, has achieved $1 million in GMV in its first year, plans to achieve 100% growth year on year, and focuses on customer loyalty through its Net Promoter Score metric.

About
Rifzan started CloudDevs over 4 years ago
Revenue
Rifzan grew the business to $100K/month
Costs
It cost Rifzan $2500 to start the business
Read by 16,617 founders

25. Start a niche web design business

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

How much you can make: $200 — $200,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 40 days (?)

How I Left Silicon Valley And Started A $100K/Month Digital Agency

Never Settle, a digital agency with over 1,000 completed projects and a focus on lean methodology and building relationships with clients, has made a name for itself in the eCommerce space, offering comprehensive solutions to businesses of all sizes while maintaining consistent and moderate growth.

About
Kenn started Never Settle about 12 years ago
Revenue
Kenn grew the business to $150K/month
Costs
It cost Kenn $5000 to start the business
Read by 6,710 founders

26. Start a tech company

Tech businesses are about the most exciting and potentially lucrative businesses you can start.

The global tech market size is expected to grow from $8,384B in 2021 to $9,326B in 2022.

But don't mistake the excitement for easy street: getting the tech startup off the ground requires a lot of work. There are many important factors, including how much capital you need, your business plan, and equipment needed to get started.

How much you can make: $1,000 — $50,000/month

How long does it take to build: 135 days (?)

How I Started A $3.7K/Month Software Company In Kenya

Apps: Lab KE is a software development company generating $3,500 per month, specializing in problem-solving using technology and data for businesses and communities.

About
Marvin started Apps:Lab over 7 years ago
Revenue
Marvin grew the business to $6K/month
Costs
It cost Marvin $1200000 to start the business
Read by 9,679 founders

27. Start an affiliate marketing business

Are you looking for a side hustle to 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 brand to partner with. For example, you may prefer becoming an affiliate marketer for an eCommerce store, partnering with a manufacturer, and marketing their products for a commission.

How much you can make: $500 — $773,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 60 days (?)

I Make $1,350/Month With A Hiking Advice Website [Side Hustle]

From almost zero knowledge about SEO and marketing, this founder grew Gear Up Hiking, a hiking and camping niche affiliate blog that currently averages $1300+ per month and has a traffic range of 20k to 30k visitors monthly, and is worth over $50,000 if sold for profit.

About
Asen started Gear Up Hiking over 5 years ago
Revenue
Asen grew the business to $1.35K/month
Costs
It cost Asen $1700 to start the business
Read by 7,144 founders

28. Start a resume writing business

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

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 businesses will keep increasing.

How much you can make: $2,000 — $62,500/month

How long does it take to build: 150 days (?)

How I Make $30K/Year On The Side Writing Resumes

This case study follows a business owner who doubled his income from side hustles in two years, earning over $30,000 annually by writing resumes and LinkedIn copy, blogging weekly, and increasing rates as he attracted more clients from online platforms like Craigslist and LinkedIn.

About
Mike started Critical Path Action about 9 years ago
Revenue
Mike grew the business to $3K/month
Read by 8,727 founders

29. Start a SEO agency

An SEO agency is a company that provides search engine optimization services to businesses. The function of an SEO agency is to help businesses rank higher in search engines through organic or paid means.

SEO is a rapidly growing industry, with experts across all aspects of the field already making six-figure incomes and expecting to see these earnings grow dramatically over the next few years. Getting into SEO today, before it gets too saturated, will allow you to establish a strong base in a new career, with an excellent chance for success.

It’s easier than ever to start your SEO agency in Bulgaria. The tools are there, and the competition isn’t as stiff as it used to be. If you’re considering starting an SEO or digital marketing agency, it might be a good idea to learn how other digital agencies succeed.

How much you can make: $1,000 — $1,800,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

How I Started An SEO Agency For Lawyers Generating $3.6M/Year

Rankings.io is a hyper-focused SEO agency that helps elite personal injury law firms dominate first page rankings and was ranked #858 in the Inc. 5000 list of the fastest-growing companies in America for 2018, with a current revenue just under $300,000 per month, with plans for a record-breaking year.

About
Chris started Rankings.io over 11 years ago
Revenue
Chris grew the business to $700K/month
Read by 37,348 founders

30. 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: 165 days (?)

How Two Moms Started A Business Selling Homemade Body Butter

Two moms start a side hustle selling all-natural body products, doubling sales since their launch in 2017 with over 75 craft shows, promoting a non-profit source for their shea butter and self-promotion through podcasts, lining up retail interest from exposure.

About
Meredith started Oh My Balm over 7 years ago
Revenue
Meredith grew the business to $2K/month
Costs
It cost Meredith $10000 to start the business
Read by 34,000 founders

31. 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 — $150,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 44 days (?)

Time commitment per week: Min. 5 hours/week

I Left My Dead-End-Job And Now Make $360K/Year Reviewing Software And Gadgets

Affiliate website Techjury.net achieves $30,000/month in revenue after a very slow start by disrupting the industry with unbiased reviews, achieved with a small team of 13 and attracting over 200,000 visitors a month, with founder Deyan Georgiev attributing their success to handpicking his team and treating people with respect.

About
Deyan started TechJury over 4 years ago
Revenue
Deyan grew the business to $30K/month
Costs
It cost Deyan $10000 to start the business
Read by 4,989 founders

32. Start an ecommerce platform

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, the 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 you can make: $100 — $2,000,000/month

How long does it take to build: 110 days (?)

How We Started A $700K/Month Business Getting Targeted Traffic For Online Sellers

StoreYa co-founders Eyal Reich and Yariv Dror, along with CTO Pasha Zaft, created a suite of marketing and advertising apps that include Traffic Booster, which has generated an average of $700,000 MRR and helped the business win a 2018 Google Acquisition Performance award, as well as becoming a PayPal exclusive advertising partner.

About
Eyal started StoreYa almost 12 years ago
Revenue
Eyal grew the business to $2M/month
Costs
It cost Eyal $5000 to start the business
Read by 10,474 founders

33. 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 in Bulgaria:

  • 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 (?)

How I Started A Wildly Successful Food Tour Business

How Jessica Baumgart founded a successful food tour business in Denver, which broke even and started making a profit after just three months, generating $20,000/month in revenue from offering different food tour experiences.

About
Jessica started Delicious Denver Food Tours over 6 years ago
Revenue
Jessica grew the business to $75K/month
Costs
It cost Jessica $2000 to start the business
Read by 19,896 founders

34. Start an apparel boutique

An apparel boutique is a small shop dealing in fashionable clothing or accessories. An apparel boutique is low investment but potentially very profitable idea. However, starting a successful apparel boutique requires creativity and financial stability to help the brand achieve its objective.

How much you can make: $3,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 120 days (?)

Surviving Cancer Inspired Me To Start A Headwear Brand That Empowers Women

Bravery Co. is a company that empowers women with cancer through designer headwear for cancer warriors, earning an average of 3-5K profit a month and celebrating numerous PR coverage and awards.

About
Emily started Bravery Co over 7 years ago
Revenue
Emily grew the business to $3K/month
Costs
It cost Emily $1000 to start the business
Read by 2,355 founders

35. Become a tech rentals provider

Tech rentals are a type of business that provides people with access to technology. It offers short-term rentals of the latest devices and gadgets to consumers and businesses.

To get started, you'll need a wide selection of the latest devices, as well as a strong marketing strategy to reach your target market. You'll also need to be able to provide excellent customer service and support.

Tech rentals's estimated annual revenue is currently $10.7M per year. Tech rentals's estimated revenue per employee is $260,000.

The recent trends such as the rise of the sharing economy and the popularity of short-term leases make this an ideal time to start a tech rental business. This type of business is growing in popularity as people are looking for ways to use technology without having to purchase it.

How much you can make: $200,000/month

We Started A $2.4M/Year Coliving Business In Singapore

Casa Mia Coliving, a sustainable and modern co-living and property management company in Singapore offering affordable accommodation, has an annualized revenue of $2.5M with 150 bedrooms across popular neighborhoods, attracting young professionals and boasting a 10x LTV/CAC ratio, all while focusing on unit economics and profitable growth.

About
Eugenio started Casa Mia Coliving over 4 years ago
Revenue
Eugenio grew the business to $200K/month
Read by 3,696 founders

36. Start a drinks retailing business

How much you can make: $1,200/month

How I'm Launching A Food Startup Selling Protein Water In A Can

Mindful Proteins co-founder shares how they developed TATU, a clean-label protein water with 15g of whey protein isolate that contains 0g of total sugars, to cater to wellness-oriented consumers looking for functional beverages and hydration; targeting yoga studios, retail, and online sales with plans to expand production and new product lines to become a $100 million company.

About
Sean started Mindful Proteins Inc. almost 6 years ago
Revenue
Sean grew the business to $1.2K/month
Costs
It cost Sean $100000 to start the business
Read by 6,694 founders

37. Become a real estate bird dog

A real estate bird dog is someone who finds properties for investors. This can be a great business for those who have a strong understanding of the real estate market and know where to find good deals.

As a real estate bird dog, you'll be responsible for finding properties that meet the criteria of your clients. You'll need to be familiar with the area in which you're working and have a good network of contacts. You could start your business by working with a real estate agent or investor. Or, you could market your services online and work with clients directly.

The bird dog referral fee depends on the type of contract you have. For flat rates, they typically cost between $100 and 500 dollars per closed deal while percentage-based contracts can range from 2% up to 10%.

The current trend of people wanting to invest in real estate is making the real estate bird dog business more popular than ever. Bird dogs often work on a freelance basis, making it a great option for those who want the freedom to set their own hours.

This business requires very little start-up capital and can be a great way to make money in the real estate industry. To be successful, you'll need to be familiar with your local real estate market and have a good understanding of how to find undervalued properties.

38. Start a dating app

A mobile dating app is one of the most popular mobile-only businesses for creating an ecosystem and generating revenue. But, with the help of a robust development team, you can surpass all your competitors and create a sleeker end product than anyone else in this market.

Dating apps have made their way into an industry that was gaining enough traction. The online Dating Market size was valued at $7.35B in 2020 and is projected to reach $10.87B by 2028.

How long does it take to build: 579 days (?)

39. Start an auto parts shop

If you want to start a retail business in the automobile industry, consider an auto parts business in Bulgaria.

The auto parts business is one of the most successful businesses in the world. There are many Auto Parts Businesses in the United States, Canada, and the UK, where most are part-time.

Listed are the steps on how to start an auto parts shop business.

  • Pick a location
  • Do your market research
  • Secure all permits and licenses
  • Open a bank account for business transactions

How much you can make: $45,000 — $600,000/month

How I Started A $12K/Month Aftermarket Vehicle Accessories

This case study follows an inspiring 22-year-old entrepreneur who started an eCommerce store for aftermarket vehicle accessories, making 5x the amount of money he used to make per month, and generated over $90,000 in sales last year.

About
Mitchel started Adrenaline Offroad over 6 years ago
Revenue
Mitchel grew the business to $45K/month
Read by 18,539 founders

40. Become a graphic designer

Graphic designing involves creating sketch designs and materials for corporate clients, advertising agencies, public relations firms, and publishers. Besides, graphic designers provide visual solutions to specific company images, log design, and branding problems.

Graphic design is an excellent career for creative thinkers who enjoy using their talent and artistic skills combined with technology and communication abilities to come up with unique solutions for their clients.

How much you can make: $8,000 — $81,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 165 days (?)

How We Make $7.5K/Month With A Productized Service

Draftss.com is a productized graphic design and front-end code service on subscription that made $66k ARR in 2019, has an MRR of $9.6k as of July 2020, and offers add-ons such as designers being added to team in interacting tools and front-end code services on WordPress using various page builders like Elementor and Divi.

About
Junaid started Draftss about 6 years ago
Revenue
Junaid grew the business to $15K/month
Costs
It cost Junaid $100 to start the business
Read by 11,737 founders

41. Start an etsy shop

Etsy has been around for over a decade, and the platform has become more popular for creators, entrepreneurs, and consumers.

The platform started as a place for crafters to sell their supplies and handmade goods. Now it has become a venue for artists and small businesses of all kinds to sell their products.

If you just started your shop or want to sell your products on Etsy, there are many different ways to kill on the platform. With the tips and advice of Etsy sellers who’ve been in your position, you’ll soon be successful!

How much you can make: $100 — $750,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 30 days (?)

How I Started A $12K/Month Business Selling Productivity Planners Online

Chasing Planner Peace is a planner company that has expanded from selling planner inserts on Etsy, to offering a one-stop shop customizable planner experience with over 300 inserts, a planner line, and various other related products, gaining a monthly revenue of around $25,000 at its busiest time of year.

About
Jess started Planner Peace almost 9 years ago
Revenue
Jess grew the business to $22.5K/month
Read by 63,085 founders

42. Start a metal production business

How much you can make: $600/month

How I Validated My Business On Etsy And Launched My Own Handcrafted Artistry Shop

DownHomeModern's Marc Staples turned his creativity into a successful business through handcrafting windbells and chimes with a rustic style that pays homage to American Southwest decor.

About
Marc started DownHomeModern LLC over 3 years ago
Revenue
Marc grew the business to $600/month
Costs
It cost Marc $5500 to start the business
Read by 2,510 founders

43. Start a dropshipping reseller

Drop shipping is a retail fulfilment method in which the retailer does not keep goods in stock but instead transfers customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer.

Drop shipping doesn't require much investment and it has a low risk because it doesn't require upfront costs. Besides, dropshipping can be a profitable business model for merchants since they do not pay for shipping or cost of product manufacturing.

To start the business follow these steps:

  • Choose a niche
  • Perform competition research
  • Find a reputable manufacturer/supplier
  • Build an online store
  • Market your store
  • Analyze and improve your offering

If you do not want to create a dropshipping business from scratch, you can find a dropshipping business for sale on exchange marketplace.

How much you can make: $6,000 — $150,000/month

How much does it cost to start: $1,000 (?)

How I Started A $100K/Month Business Mentoring Dropshipping Entrepreneurs

Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.

About
Kamil started E-commerce Mentoring about 7 years ago
Revenue
Kamil grew the business to $100K/month
Costs
It cost Kamil $1000 to start the business
Read by 24,746 founders

44. Start an online retail store

Starting an online retail store is straightforward. All you need is a computer, a domain, and a web hosting service. Then, determine a niche for your online store, and conduct product research before listing products.

You can start your online store based on a drop shipping business model or list your self-made products in your online store.

How much you can make: $5,000 — $250,000/month

How long does it take to build: 51 days (?)

How I Turned A $5K Investment Into A $7.2M Apparel Brand

This case study follows the story of a successful online business that has made 7.2 million dollars in sales since 2012, with profits of around 30-45%, and the founders share insights on lessons learned and tools used.

About
Jonathan started On Cloud Faith about 2 years ago
Revenue
Jonathan grew the business to $5K/month
Costs
It cost Jonathan $5000 to start the business
Read by 8,251 founders

45. Start a social media management business

Similar to virtual assistants, social media managers offer various services, including but not limited to:

  • Developing a marketing strategy based on clients’ goals
  • Setting up social media accounts
  • Posting on behalf of their clients
  • Coming up with strategies for increasing client’s social media following
  • Marketing analysis.

To become a social media manager, know the various platforms and understand how they work so you can develop strategies that help clients reach their goals.

The beauty of working as a social media manager is that you can define your work schedule and choose what niches to work on.

How much you can make: $20,000/month

How much does it cost to start: $251 (?)

How long does it take to build: 3 days (?)

How I Started A $7.5K/Month Social Media Consulting And Training Business

A social media manager turned entrepreneur created a program that has brought in almost $100,000 in one year, designed to teach women how to run successful social media businesses in less than 30 days.  

About
Amanda started Social Media Manager Society almost 4 years ago
Revenue
Amanda grew the business to $20K/month
Read by 6,785 founders

46. Start a webinar hosting business

Are you an app builder looking for a profitable business? Consider building a webinar hosting platform.

Businesses host webinars as a tool for helping them convert leads into paying customers.

Therefore, starting your webinar hosting service could be a profitable business venture.

To attract customers, focus on building a robust webinar hosting service that provides the users with all features they need to host an interactive webinar. A webinar hosting service should offer custom solutions and support for all technical issues.

How much you can make: $15,000 — $897,000/month

How much does it cost to start: $4,000 (?)

How long does it take to build: 183 days (?)

How I Turned My Teenage Hobby Into A Profitable Static Web Hosting Service

Tiiny.Host is a web hosting company that's doubled its monthly recurring revenue every three months, amassing 40,000+ users by providing an easy-to-use hosting and file sharing solution, and built up its brand through SEO.

About
Elston started tiiny.host almost 5 years ago
Revenue
Elston grew the business to $15K/month
Costs
It cost Elston $100 to start the business
Read by 5,712 founders

47. Start a women's clothing line

Starting a women’s clothing brand is a great way to enter entrepreneurship. You don’t need to have millions of dollars or vast experience to start your clothing line—just the drive and determination to be your own boss.

Women’s fashion has come a long way over the last decade, and there are many growth opportunities! New trends are constantly emerging, and old ones are returning, too, so there will always be an audience for your new designs if you keep up with the times (and stay on top of them).

How much you can make: $500 — $600,000/month

How much does it cost to start: $5,250 (?)

How long does it take to build: 135 days (?)

How I Grew My Clothing Boutique to $10K/Month in 6 Months

Boutique Rye is an online-only women's clothing and accessories boutique that has grown to 3,200 Facebook Group members and a successful website through organic customer sharing, live sales, and open communication with customers.

About
Gia started Boutique Rye almost 7 years ago
Revenue
Gia grew the business to $10K/month
Read by 35,951 founders

48. 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 — $1,000,000/month

How much does it cost to start: $750 (?)

How long does it take to build: 90 days (?)

Time commitment per week: Min. 5 hours/week

How This Couple Makes $5K/Month Generating Content About Ways To Make Money Online

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.

About
Chhavi started Mrs Daaku Studio almost 6 years ago
Revenue
Chhavi grew the business to $5K/month
Costs
It cost Chhavi $500 to start the business
Read by 13,813 founders

49. Start a voice over service

Voiceover artist is an auditory performer who uses their voice in scripted presentations. The role of a voiceover artist is only to be heard but not to be seen.

Working as a voiceover artist is an opportunity to choose the projects you enjoy engaging in. The role of a voiceover artist is also fun and can help you meet new people.

To become a voiceover artist in Bulgaria, start practicing aloud reading so you familiarize yourself with your sound. Then, create your recording studio where you can practice your voiceover skills. It would help if you had a quality microphone, professional recording software, a computer, and soundproofing materials.

How much you can make: $400 — $60,000/month

How long does it take to build: 90 days (?)

How I Started A $40K/Month Multilingual Voice Over Agency And Marketplace

Voice Crafters, a multilingual voice-over agency and marketplace founded by Mony Raanan, doubled their revenue to over $765,000 in 2022 with a bottom line of around 30% after transitioning to an online marketplace and carefully vetting their network of over 1,000 professional voice actors in more than 80 languages.

About
Mony started Voice Crafters over 15 years ago
Revenue
Mony grew the business to $60K/month
Costs
It cost Mony $50000 to start the business
Read by 6,316 founders

50. 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 (?)

How We Started A $514K/Year Content Curation Agency With Just $35 [From India]

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.

About
Vaibhav started Content-Whale Private Limited almost 7 years ago
Revenue
Vaibhav grew the business to $62.5K/month
Costs
It cost Vaibhav $35 to start the business
Read by 5,462 founders

51. Start an email marketing business

Email marketing is a popular and effective way for businesses to reach their target audience and promote their products or services.

With the rise of the internet and the increasing use of email as a communication tool, starting an email marketing business can be a lucrative and rewarding venture.

An email marketing business involves creating and sending marketing emails to a list of subscribers. The emails can be newsletters, promotional messages, or other types of content designed to engage and convert the recipient into a customer. The business owner is responsible for building and maintaining the email list, creating the content, and sending the emails using specialized software.

To start an email marketing business, you must have a strong understanding of marketing principles and a good grasp of best practices. This includes creating compelling subject lines, segmenting your email list, and analyzing your campaigns’ results. You will also need to be proficient in email marketing software like Mailchimp or Constant Contact.

To run a successful email marketing business, you must clearly understand your target audience and what they are interested in. This will help you create relevant and engaging content that resonates with your subscribers and encourages them to take action. A solid call to action in your emails is crucial, whether it’s visiting your website, making a purchase, or signing up for a newsletter. Starting an email marketing business requires marketing skills, expertise, and a willingness to learn and improve continuously. The right strategies and tools can be a rewarding and successful way to reach your target audience and grow your business.

How much you can make: $3,500 — $8,300,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

How I Started A $55K/Month Email Marketing Agency Specialized in Ecommerce

Boundless Labs is an email marketing agency for eCommerce brands that has generated over $25 million in email attributable revenue for their clients since launching 18 months ago and currently makes around $90K per month, with plans to reach $100K per month by the end of January 2020 through client referrals, strong relationships, and hard work.

About
Chase started Boundless Labs about 6 years ago
Revenue
Chase grew the business to $8.3M/month
Read by 12,135 founders

52. Start a hotels business

If you are considering starting a hotel, then it is time to implement your plan. There are five key elements to understand if you want to succeed in this industry: location, size, budget, experience, and market demand.

Here are some tips to consider before forming a hotel:

  • Name your business
  • Decide on a marketing strategy
  • Start by renting out a room in your home.
  • Hire a business capital broker
  • Try Airbnb
  • Make a marketing plan
  • Offer complementary services

How much you can make: $15,000/month

How long does it take to build: 325 days (?)

I Created A $120K/Year Skincare Brand For Black Women Recommended By Beyoncé

SKNMUSE, a premium beauty brand dedicated to elevating the beauty experience for Black Women, has a 40% customer retention rate, achieved a 169% increase in revenue, and made $30,000 in Q1 alone.

About
Ezinne started SKNMUSE almost 4 years ago
Revenue
Ezinne grew the business to $15K/month
Costs
It cost Ezinne $1000 to start the business
Read by 3,416 founders

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.