25 Fundraising Business Ideas You Can Start Today [2023]
Interested in starting a fundraising business in 2023?
We put together 23 of the best fundraising businesses you can start in today.
For each business idea, we’ll show you real-world examples of other fundraising businesses to help you see what it really takes.
Here's the full list:
1. 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
2. Start a fundraising consulting business
A fundraising consulting business helps organizations, non-profits, and individuals raise money for various causes or projects.
As a consultant, you would identify funding needs and develop and implement a strategy to meet them, including researching funding sources, writing grant proposals, organizing fundraising events, and managing donor relations.
To start this business, you will need a strong understanding of fundraising, a network of potential funding sources, and possibly licenses or certifications.
To be successful, you will need excellent communication and networking skills, the ability to think creatively and strategically, and an understanding of industry trends and best practices. You will also need to manage your business finances, including setting service prices and tracking income and expenses.
How much you can make: $7,000 — $166,666,666/month
How long does it take to build: 195 days (?)
3. 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 (?)
4. Start a game development
A game development business involves creating and developing video games for various platforms such as PC, consoles, and mobile devices. This business involves a team of game designers, programmers, artists, and sound engineers working together to bring a game concept to life.
To start a game development business, it is essential to have a solid understanding of the game development process and be skilled in one or more areas, such as programming, art, or design. It is also essential to have strong business acumen and understand how to market and sell your games.
Some tips for running a successful game development business include:
Focus on a specific niche or genre of games to stand out in a crowded market.
Build a strong team of talented and passionate individuals who share your vision for the company.
Stay up to date on the latest trends and technologies in the gaming industry.
Build a strong online presence through social media and a website to market and sell your games.
Focus on building a loyal customer base by releasing regular updates and engaging with your community.
Don't be afraid to seek partnerships or sponsorships to help fund your projects.
Always be open to learning and improving your skills and processes to stay competitive.
How much you can make: $16,500 — $1,725,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 365 days (?)
5. Start a social media marketing service
How much you can make: $3,000 — $6,358,000/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
6. Start a crowdfunding platform
Raising money for your project can be difficult. Crowdfunding is one way to get funding through a large number of smaller investments. If you have some expertise in a particular area that may be useful to other people, there's no better time to take action. The crowdfunding revolution is happening right at your fingertips.
Crowdfunding has exploded over the past year, and you need to be a part of it. The Worldwide crowdfunding market share is expected to increase by $240B from 2021 to 2026. Crowdfunding is one of the quickest ways to get funding and build your brand.
How much you can make: $5,000 — $400,000/month
How long does it take to build: 272 days (?)
7. Start a campaign promoting business
8. Start a trick-or-treating event hosting business
9. Start a gold exchange-traded funds business
10. Start a non-profit fundraiser
A nonprofit fundraiser is an ongoing process of soliciting donations or voluntary funds to help organizations grow and to meet the community's needs. The faith-based fundraiser focus on helping the members of the community. Within which the organization serves.
To start a not-for-profit fundraiser, you must register the nonprofit organization and show the causes you intend to support. Popular causes supported through nonprofit fundraisers include:
- Animals
- Children & Youth
- Cultural & Education
- Disabilities
- Disaster Relief
- Elderly
- Environment
- Global – Locale Based
How long does it take to build: 272 days (?)
11. Start a peer to peer lending business
12. Start a live contest hosting business
How much you can make: $30,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 90 days (?)
13. Start a temporary help agency
14. Start a side-project business
How much you can make: $1,200 — $1,766,666/month
How much does it cost to start: $25 (?)
How long does it take to build: 5 days (?)
15. Start a donation business
16. Start a contest marketing business
17. Start a charity auction service business
18. Start a mutual fund investing business
19. Start a cause awareness raising podcast business
20. Start a real estate auctions business
21. Start a car flipping business
22. Start a paid online surveys business
23. Start an apartment rental business
An apartment is a private residence divided into several separate dwellings. If you are interested in starting an accommodation and housing-related business, apartment rental can be a good fit. Your target customers can be business executives, dignitaries, travelers, etc.
To start your business, look for a strategic location and build or buy a ready property. When purchasing an apartment, you may need to renovate the property to be suitable for rental.
How long does it take to build: 60 days (?)
Hey! 👋 I'm Pat Walls, the founder of Starter Story.
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