37 Successful Business Ideas For Group Of Friends [2021]

37 Successful Business Ideas For Group Of Friends [2021]

Interested in starting a group of friends business in 2021?

We put together 37 of the best group of friends businesses you can start in today.

For each business idea, we’ll show you real-world examples of other group of friends businesses to help you see what it really takes.

Here's the full list:

1. Start a music band management business ($480K/year)

Charles Driebe from Atlanta started Blind Ambition Management almost 22 years ago, a music band management business.

  • Revenue: $40,000/ month
  • Founders: 1
  • Employees: 5
  • Location: Atlanta

In 1990, I was about 8 years out of law school and practicing ‘regular’ law when I decided to combine my legal training with my lifelong passion for music. I began to shift into entertainment law by educating myself about it. I already knew a lot of musicians and soon developed a base of clients.

Almost all the work attorneys do for music clients is transactional (mostly contract-related), and that’s the kind of work I was doing. It felt good to help my clients protect their intellectual property (like copyrights). However, I found that an artist’s attorney often only had intermittent contact with them (like negotiating a recording contract) and they often didn’t interact with them for long stretches of time.

I wanted to be more involved in all aspects of the artist’s career and I began managing artists in 1996. That actually involved longer hours (and a pay cut, since I was now working on a commission basis instead of being paid an hourly fee), but I found it to be more satisfying work. And being an attorney gave me an advantage over other managers who weren’t attorneys.

how-i-transitioned-from-a-career-in-law-to-starting-a-40k-month-business-managing-music-artists

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Charles Driebe, on starting Blind Ambition Management ($40,000/month) full story ➜

2. Start a cosmetic store business ($102K/year)

Alexis Evans from Fort Lauderdale started FBI Cosmetics Inc. 9 months ago, a cosmetic store business.

  • Revenue: $8,500/ month
  • Founders: 1
  • Employees: 2
  • Location: Fort Lauderdale

I decided to dive into the beauty industry because as someone that has a felony record from years ago, I fell into a depression state. After all, no one would give me a job so, I turned to make-up. Makeup became my comfort zone. It made me feel beautiful after having down days.

No one back then would give me a chance, no one cared I had a college degree all they saw was that I had a felon, so I cope with my depression through makeup and skincare routines. I am overly obsessed with flawless makeup and flawless skin. Everyone has always told me that they have loved my makeup and how flawless my bare skin looked, that I should consider getting into the industry. Here we are 3 years later and now I am passionately involved with my brand.

how-i-started-a-8-5k-month-cosmetics-brand

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Alexis Evans , on starting FBI Cosmetics Inc. ($8,500/month) full story ➜

3. Start a food truck ($18M/year)

Jeffrey Mora from Los Angeles, California, USA started Food Fleet over 9 years ago, a food truck.

  • Revenue: $1,500,000/ month
  • Founders: 2
  • Employees: 6
  • Location: Los Angeles, California, USA

We started the food truck business in 2012.

We kept finding it very difficult to find locations to operate. We had a booker that we used to find our locations but fell short and we let her go. I took over our booking and found that most people did not want to book just one truck, not only that they were upset that most of the time the trucks didn’t show up or were late.

We learned the real need was not only helping the trucks but providing a turnkey service for the corporations. This was a game-changer for us, we were really struggling financially.

how-i-took-food-trucks-corporate-and-built-a-18m-business

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Jeffrey Mora, on starting Food Fleet ($1,500,000/month) full story ➜

4. Start a photography business ($1.32M/year)

Kyle Nelson from Chico, California, USA started Results Imagery over 4 years ago, a photography business.

  • Revenue: $110,000/ month
  • Founders: 2
  • Employees: 8
  • Location: Chico, California, USA

We both had previous experience in another start-up called Soul id which was a social media platform for action sports. We ran the marketing and media at that company which was a blast. After we left that company, we split directions. Eli got involved in the eCommerce industry by starting a brand called Winterial which he grew to hundreds of SKUs. Kyle headed in the media direction and started a commercial photography company where he worked with Fortune 500 companies and small businesses.

At this time Kyle wanted to be able to get back in the start-up world, grow a large brand and a team of like-minded creatives and innovators. So like any entrepreneur, he jumped on Google and started to search for media companies that were also technology-based companies as well. That is where the inspiration of starting a digital agency that solely focused on the media portion for brands and product companies came to life.

Culture is the centerpiece of a successful company. Creating a place for employees to come to work and enjoy what they do, the environment and who they work with will pay long term dividends.

how-we-started-a-45k-month-product-photography-and-video-company

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Kyle Nelson, on starting Results Imagery ($110,000/month) full story ➜

5. Start an art gallery ($1.8M/year)

Adam Vieira from Montreal, Quebec, Canada started Station 16 over 8 years ago, a art gallery.

  • Revenue: $150,000/ month
  • Founders: 3
  • Employees: 6
  • Location: Montreal, Quebec, Canada

I met Carlo De Luca (my partner and current president of Station 16) in 2010. I was very active in the Montreal street art scene and had many artist connections because of it. Coincidentally, he was also looking to diversify his textile silkscreen shop into paper printing, which I had been doing a lot of.

In 2011, we started working with local Montreal artists to create quality silkscreen prints - a type of printing made famous with Andy Warhol's work. We began showcasing these prints online and in art fairs. That’s when Emily Robertson (3rd founder, and Art Historian) came on board. She had taken an interest in our project and suggested we open an art gallery showcasing the prints and street art talent we were really interested in.

Shortly after that, a few other friends that we were in contact with were building on the idea of a Mural festival for Montreal. They asked if we would be interested in supporting it. So in June of 2013, we debuted at both the Gallery and the Montreal MURAL festival on St. Laurent. It initially opened as a pop-up, and we haven’t closed our doors since.

growing-an-art-gallery-to-150-000-month

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Adam Vieira, on starting Station 16 ($150,000/month) full story ➜

6. Start a clothing line ($480K/year)

Ray Li from Los Angeles, California, USA started Sene almost 5 years ago, a clothing line.

  • Revenue: $40,000/ month
  • Founders: 1
  • Employees: 3
  • Location: Los Angeles, California, USA

After graduating from Cornell, I was in management consulting at Deloitte doing global process transformations.

It is not about how smart you are, it’s about the grit to stick it through the darkest and loneliest times.

Then I wanted to experience the other side of the coin, and went to Interbrand and helped companies define their global brand strategy. During my time there, I won a Rebrand100 award for the strategy work for turning around what used to be The Yellow Pages.

starting-a-custom-tailored-clothing-line

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Ray Li, on starting Sene ($40,000/month) full story ➜

7. Start an online advertising agency ($300K/year)

Luis Camacho from Phoenix, Arizona, USA started Fantôm Agency over 3 years ago, a online advertising agency.

  • Revenue: $25,000/ month
  • Founders: 1
  • Employees: 1
  • Location: Phoenix, Arizona, USA

When I tell my story I like to get into the details of how I landed where I currently am and where I am going. I was born in Guadalajara, Mexico. I ended up in the United States after my father got a job offer for a marketing position at a semiconductor company, this was when I was only 10 years old. To be honest, the move definitely had an effect on me. When I lived in Mexico I was a fairly outgoing kid and (I believe) the move caused a shift that made me more of an introvert so you could say that was a bit against me, since I didn’t necessarily enjoy being the center of attention or being “noticed” too much for much of my upbringing. I finished high school and went to Arizona State University where I completed my Bachelor’s degree in Marketing alongside a certificate in entrepreneurship.

Right around the time of graduation from high school and the start of college I started a clothing line. I believe I was only 19 at the time and I didn’t have a budget to promote the new clothing line, so I turned to social media as my route to promote and sell the new products. I had to learn everything from Photoshop to constructing a website, content, photography, content distribution, supplier relationships, and many other skills. After seeing success marketing on social media, I quickly found that I was passionate about digital marketing. I then realized that there was a place where I could polish up my digital marketing skills, an agency, which to my surprise were not as concerned with academics as they were with real-world experience.

I went on to work for a marketing agency, after finally finding one was willing to overlook my lack of agency experience and realized that my entrepreneurial spirit and persistence would outweigh the need for the experience all the agencies were looking for. I was hungry. At this agency, I got hired on as a content writer (which I didn’t necessarily enjoy the most, but I knew I had to do it if I wanted to eventually lead the paid advertising department which was my goal). I was able to do just that within a year. I studied the ins and outs of the agency, how it operated, how it dealt with clients, how it made mistakes, and most importantly what helped it scale.

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

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Luis Camacho, on starting Fantôm Agency ($25,000/month) full story ➜

8. Start a men's fashion blog ($102K/year)

Barron Cuadro from New York, New York, USA started Effortless Gent almost 12 years ago, a men's fashion blog.

  • Revenue: $8,500/ month
  • Founders: 1
  • Employees: 1
  • Location: New York, New York, USA

Growing up, I’ve always been interested in my own personal style.

I loved being experimental and trying new trends. I learned through experimentation that how you dress can change the way you feel about yourself, as well as how other people perceive you.

I’d advise to start small and be consistent. So if you’re going to be a content creator, focus on producing content regularly, whether that’s 1x a week or 1x a day.

how-a-developer-grew-his-blog-to-150-000-visitors-per-month

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Barron Cuadro, on starting Effortless Gent ($8,500/month) full story ➜

9. Start a content marketing agency ($96K/year)

Arrigo Lupori from Firenze, Metropolitan City of Florence, Italy started Koala Rank almost 2 years ago, a content marketing agency.

  • Revenue: $8,000/ month
  • Founders: 1
  • Employees: 1
  • Location: Firenze, Metropolitan City of Florence, Italy

I've always wanted to run my own thing, ever since I was 19 (I'm 25 now). Coming out of school, I didn't have that many opportunities ahead of me: Italy was doing poorly economically, I didn't have any particular skills to offer, and the job market was evolving in a way that I just couldn't understand back then. What I did have was a love of languages, so I decided to travel for ~3 years prior to settling.

Me during a Foodora (food delivery app) shift in Berlin [Dec 2016]

I came up with the idea of Koala Rank after many years of trying (and failing) to get into technology. Some of my earlier mini-projects were all related to web design rather than business, marketing, sales, etc. I knew nothing about these things and couldn't bother learning as I thought my two passions in life were languages and technology.

from-freelancing-on-fiverr-to-starting-an-8k-month-content-marketing-service-for-small-b2b-firms

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Arrigo Lupori, on starting Koala Rank ($8,000/month) full story ➜

10. Start a travel company ($3.6M/year)

Matt Wilson from Austin, TX, USA started Under30Experiences over 9 years ago, a travel company.

  • Revenue: $300,000/ month
  • Founders: 2
  • Employees: 5
  • Location: Austin, TX, USA

In 2012, I was living in New York City, stressed out, working on our startup Under30CEO.com. I was burned out from the unhealthy lifestyle, working long stressful hours, and partying too much. I was invited on a trip to Iceland and I hadn’t been out of the country as an adult, so I jumped at the opportunity. That experience in Iceland blew my mind! I hiked an active volcano, went ice climbing on a glacier, saw the northern lights, and made friends with people from around the world.

The “aha moment” happened to watch the sunset over the Eyjafjallajökull glacier with my Icelandic mountain guide Siggi. He was trying to attract more people from North America to visit Iceland and I knew we could work together. Jared and I had nearly 500K, monthly readers, at Under30CEO, and we thought it’d be a perfect opportunity to bring our community members on a retreat. Sure enough, in less than two months, we organized a trip to Iceland for entrepreneurs and it was a smashing success. We made life-long friends and the idea caught on.

People started asking us “do we need to be under 30 to attend your trip” or “do we need to own a business to come?” It was a huge decision for us at the time, but we decided to open our doors and become an inclusive community rather than an exclusive one. We started running trips that were open to anyone who wanted to come and have a good time.

how-we-started-a-300k-month-business-organizing-trips-for-young-people

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Matt Wilson, on starting Under30Experiences ($300,000/month) full story ➜

11. Start a seo agency ($300K/year)

Alan Silvestri from Winchester, England, United Kingdom started Growth Gorilla over 3 years ago, a SEO agency.

  • Revenue: $25,000/ month
  • Founders: 1
  • Employees: 6
  • Location: Winchester, England, United Kingdom

I was born and raised in Italy where, since I basically got out of school, I’ve been working as an electrical engineer for 9 years at an industrial automation company. During that time I was also playing in a punk rock band (name is “NeverAlone”, look it up, it’s great) and felt constricted in that job (that I also quite disliked).

The sooner you get started, the sooner you’ll learn from your mistakes (‘cause there will be many of those). Learn from others who have done what you want to do and take massive action.

how-i-started-a-10k-month-seo-link-building-agency

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Alan Silvestri, on starting Growth Gorilla ($25,000/month) full story ➜

12. Start a branding agency ($102K/year)

Elva Li from Melbourne Victoria, Australia started Elva Li over 5 years ago, a branding agency.

  • Revenue: $8,500/ month
  • Founders: 1
  • Employees: 1
  • Location: Melbourne Victoria, Australia

There’s a song on repeat in my world and whenever I play it, it reminds me of the time I started my own business and finally left my corporate job.

“I spend too much time thinking about who I'm supposed to be I play by everybody's rules that don't seem right to me

Should I even care? They're all sitting there and everyone's staring at me If I step out in the spotlight maybe I'll be set free

how-i-started-a-5-000-month-luxury-branding-agency

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Elva Li, on starting Elva Li ($8,500/month) full story ➜

13. Start a product review blog ($24K/year)

Cy from Detroit, MI, USA started Super Smash Cache almost 7 years ago, a product review blog.

  • Revenue: $2,000/ month
  • Founders: 1
  • Employees: 0
  • Location: Detroit, MI, USA

Confidence in my sexuality was something I had to cultivate; I didn’t want others to feel alone like I did. I was resentful of the narrative that men having orgasms was expected, while women experiencing pleasure was extraordinary. “That’s just the way things are,” one of my (male) friends told me.

No.

Women can take charge of their sexual experience in so many ways, like:

how-my-blog-with-body-safe-sex-toys-reviews-turned-into-a-2k-month-side-hustle

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Cy, on starting Super Smash Cache ($2,000/month) full story ➜

14. Start a dropshipping business ($144K/year)

Amanda Austin from Erie, Pennsylvania, USA started Little Shop of Miniatures over 4 years ago, a dropshipping business.

  • Revenue: $12,000/ month
  • Founders: 1
  • Employees: 0
  • Location: Erie, Pennsylvania, USA

I was unhappily working in marketing for a Fortune 500 insurance company when I started looking at ways to create a new income stream. I became interested in ecommerce and invested in a course to learn more. I compiled a list of keywords for products that had decent search volume and not terribly competitive to rank for in organic search. I used Long Tail Pro to get ideas--I had so many when I first started!

My business is a small, mostly passive income stream and I’m okay with that. There is so much more I could be doing with my store, but right now I am loving the extra income stream that allows me to work part-time at my day job and spend more time with my infant daughter.

A bunch of keywords in the dollhouse miniatures space fit the bill. I used Long Tail Pro and looked for keywords that were competitive--which on there is a score in the twenties or low thirties. I also wanted them to have at least 2,000 searches per month. This is not a ton, but five keywords with that search volume that are not that competitive can lead to a decent number of organic traffic if you build your site the right way. My advice to aspiring entrepreneurs is to find a niche with a nice handful of keywords you can rank for with quality content and a nice backlinking strategy. Don’t try to be number one for some saturated keyword that has a million searches a month. Go for keywords where you stand a chance of ranking--this is usually so-called long tail keywords that are really phrases--for example, “wooden dollhouse furniture” instead of just “dollhouse.”

how-i-started-a-part-time-dropship-business-on-shopify

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Amanda Austin, on starting Little Shop of Miniatures ($12,000/month) full story ➜

15. Start a bartending service

Examples of a successful bartending service:

Here are some great videos on how to get started with a bartending service:

For further info, check out these books and products:

Learn more about starting a bartending service ➜

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16. Start a fishing boat charter business

Examples of a successful fishing boat charter business:

Here are some great videos on how to get started with a fishing boat charter business:

For further info, check out these books and products:

Learn more about starting a fishing boat charter business ➜

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17. Start a wine bar business

Examples of a successful wine bar business:

Here are some great videos on how to get started with a wine bar business:

For further info, check out these books and products:

Learn more about starting a wine bar business ➜

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18. Start an e-book publishing business

Examples of a successful e-book publishing business:

Here are some great videos on how to get started with a e-book publishing business:

For further info, check out these books and products:

Learn more about starting an e-book publishing business ➜

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19. Start a gardening business

Examples of a successful gardening business:

Here are some great videos on how to get started with a gardening business:

For further info, check out these books and products:

Learn more about starting a gardening business ➜

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20. Start a coffee shop ($22.8K/year)

Examples of a successful coffee shop:

Here are some great videos on how to get started with a coffee shop:

For further info, check out these books and products:

Learn more about starting a coffee shop ➜

21. Start a craft beer business

Examples of a successful craft beer business:

Here are some great videos on how to get started with a craft beer business:

For further info, check out these books and products:

Learn more about starting a craft beer business ➜

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22. Start a cake business

Examples of a successful cake business:

Here are some great videos on how to get started with a cake business:

For further info, check out these books and products:

Learn more about starting a cake business ➜

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23. Start a plant nursery shop business

Examples of a successful plant nursery shop business:

Here are some great videos on how to get started with a plant nursery shop business:

For further info, check out these books and products:

Learn more about starting a plant nursery shop business ➜

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24. Start an event organizing business

Examples of a successful event organizing business:

Here are some great videos on how to get started with a event organizing business:

For further info, check out these books and products:

Learn more about starting an event organizing business ➜

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25. Start an antique furniture refurbishing business

Examples of a successful antique furniture refurbishing business:

Here are some great videos on how to get started with a antique furniture refurbishing business:

For further info, check out these books and products:

Learn more about starting an antique furniture refurbishing business ➜

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26. Start a cupcakes shop business

Examples of a successful cupcakes shop business:

Here are some great videos on how to get started with a cupcakes shop business:

For further info, check out these books and products:

Learn more about starting a cupcakes shop business ➜

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27. Start a computer equipment rental

Examples of a successful computer equipment rental:

Here are some great videos on how to get started with a computer equipment rental:

For further info, check out these books and products:

Learn more about starting a computer equipment rental ➜

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28. Start an import/export specialist business

Examples of a successful import/export specialist business:

Here are some great videos on how to get started with a import/export specialist business:

For further info, check out these books and products:

Learn more about starting an import/export specialist business ➜

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29. Start an interior designing business

Examples of a successful interior designing business:

Here are some great videos on how to get started with a interior designing business:

For further info, check out these books and products:

Learn more about starting an interior designing business ➜

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30. Start a vacation property rental agent business

Examples of a successful vacation property rental agent business:

Here are some great videos on how to get started with a vacation property rental agent business:

For further info, check out these books and products:

Learn more about starting a vacation property rental agent business ➜

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31. Start a hot beverage stand business

Examples of a successful hot beverage stand business:

Here are some great videos on how to get started with a hot beverage stand business:

For further info, check out these books and products:

Learn more about starting a hot beverage stand business ➜

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32. Start a virtual tutoring business

Examples of a successful virtual tutoring business:

Here are some great videos on how to get started with a virtual tutoring business:

For further info, check out these books and products:

Learn more about starting a virtual tutoring business ➜

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33. Start a dance studio business

Examples of a successful dance studio business:

Here are some great videos on how to get started with a dance studio business:

For further info, check out these books and products:

Learn more about starting a dance studio business ➜

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34. Start a sports skills coaching business

Examples of a successful sports skills coaching business:

Here are some great videos on how to get started with a sports skills coaching business:

For further info, check out these books and products:

Learn more about starting a sports skills coaching business ➜

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35. Start a skincare products business

Examples of a successful skincare products business:

Here are some great videos on how to get started with a skincare products business:

For further info, check out these books and products:

Learn more about starting a skincare products business ➜

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36. Start a YouTube channel

Examples of a successful YouTube channel:

Here are some great videos on how to get started with a YouTube channel:

For further info, check out these books and products:

Learn more about starting a YouTube channel ➜

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37. Start a ngo

Examples of a successful ngo:

Here are some great videos on how to get started with a ngo:

For further info, check out these books and products:

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Pat Walls,  Founder of Starter Story

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