15 Profitable Business Ideas For Journalists [2021]

15 Profitable Business Ideas For Journalists [2021]

Interested in starting a journalists business in 2021?

We put together 15 of the best journalists businesses you can start in today.

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

Here's the full list:

1. Start a language translation service ($4.38M/year)

Cédric Sigoire from Düsseldorf, Germany started DEMAN Übersetzungen about 6 years ago, a language translation service.

  • Revenue: $365,000/ month
  • Founders: 1
  • Employees: 17
  • Location: Düsseldorf, Germany

I am a French citizen who has been living in Germany for more than 10 years, and I feel European. I studied as an exchange student in the USA, I studied in Germany via the Erasmus programm and gained a double Master’s in Business from a German and a French university.

I started my career as an export area manager in the casual shoe business. I liked my job, but wanted to be on the field close to the customers and so I left to join a safety products producer as Export Manager. There I really learned what selling means: To understand the needs of your customer and deliver the best product to ensure customer satisfaction. Selling is a win-win. Once I knew how to sell, I joined a producer of massive oak furniture as Export Director.

After this, I wanted to return to Germany and took on a position as Country Manager for an eLearning company. I am living proof that a salesperson can work and be successful in many different industries.

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

-  
Cédric Sigoire, on starting DEMAN Übersetzungen ($365,000/month) full story ➜

2. Start a medium publication ($12K/year)

Dave Schools from Richmond, Virginia, USA started Entrepreneur's Handbook almost 7 years ago, a medium publication.

  • Revenue: $1,000/ month
  • Founders: 1
  • Employees: 0
  • Location: Richmond, Virginia, USA

Entrepreneurship was a core part of my childhood development. Growing up, my mother challenged me to sell, whether it was homemade chocolates, books, landscaping services, or modeling.

At college, I earned an undergraduate degree in entrepreneurship and a minor in communication.

Entrepreneur’s Handbook made its debut on Medium when one story caught fire (I sat down with a millionaire who operates 10 businesses while sailing around the world with his family). I had gotten lunch with a guy and took notes.

growing-a-medium-publication-to-70-000-followers

-  
Dave Schools, on starting Entrepreneur's Handbook ($1,000/month) full story ➜

3. Start a blogging business ($60K/year)

Chhavi Agarwal from New Delhi, Delhi, India started Mrs Daaku Studio about 3 years ago, a blogging business.

  • Revenue: $5,000/ month
  • Founders: 2
  • Employees: 3
  • Location: New Delhi, Delhi, India

I am a licensed attorney in India and right after my master’s in law, I started working with a leading company as a lawyer. I worked there for about two years before I quit my job to become more location independent.

Choose a niche in whatever you start. It is critical for streamlining your efforts and make money.

My job paid me well but I worked 12 hours a day, I was exhausted by the end of each day, spent my weekends sleeping and I almost quit the things I liked to do - for example, sketching, yoga, traveling, etc.

how-this-couple-makes-5k-month-generating-content-about-ways-to-make-money-online

-  
Chhavi Agarwal, on starting Mrs Daaku Studio ($5,000/month) full story ➜

4. Start a voice over service buisness ($480K/year)

Mony Raanan from Santa Ana started Voice Crafters over 12 years ago, a voice over service buisness.

  • Revenue: $40,000/ month
  • Founders: 1
  • Employees: 2
  • Location: Santa Ana

I lived in Los Angeles for about 12 years. During that time I worked in sales while going to university. After having graduated from Business School at Cal State Northridge, I worked for a software company in the Healthcare industry.

It’s tempting to dig deeper and attempt to start with a better product. However, the best thing to do is to put out something functional and collect as much feedback as possible.

During that time, I also recorded an album and toured with my band whenever possible.

how-i-started-a-40k-month-multilingual-voice-over-agency-and-marketplace

-  
Mony Raanan, on starting Voice Crafters ($40,000/month) full story ➜

5. Start a resume writing business ($30K/year)

Mike McRitchie from El Dorado, California, USA started Critical Path Action over 6 years ago, a resume writing business.

  • Revenue: $2,500/ month
  • Founders: 1
  • Employees: 0
  • Location: El Dorado, California, USA

Over the years I’ve built quite a bit of business knowledge (was a Director of Operations and helped build a company from 5 employees to 100 and $2.5 million to $16 million in revenue; also was a five-year member of Vistage, a business mastermind group) and wanted to leverage that.

Get started with something inexpensive that interests you. Then keep going as you try things and learn.

I started a website through an online marketing/website building course and began blogging on business and career topics. But I found monetizing that to be difficult. I wanted to do business strategy consulting and paid $1,000 for a three-month insert in a coupon mailing that did nothing and found trying to get that type of consulting off the ground part time around my day job wasn’t working.

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

-  
Mike McRitchie, on starting Critical Path Action ($2,500/month) full story ➜

6. Start a podcast ($5.03K/year)

Darren Reighard from Carlisle started Cars of Carlisle over 3 years ago, a podcast.

  • Revenue: $419/ month
  • Founders: 1
  • Employees: 1
  • Location: Carlisle

In the winter of 2018, I ran into a friend as we were clearing snow from our cars. As we began to catch up in the parking lot that bitterly cold morning, he explained that he had been successful with a podcast about his Amazon and eBay seller business. As we both live in Carlisle, Pennsylvania, the epicenter of automotive car shows and car parts swap meets, he knew that I was a car aficionado. Sagely, my friend identified a need -- that our hometown was without an automotive podcast. However, he admitted he did not have the time, interest, or knowledge. This is where the cartoon light bulb came on for me!

It is critically important for me to build strong relationships and loyalties with our listenership.

With my mass communications degree and love of production and writing, the natural path was for me to “take the wheel” and create a virtual product to fill this niche and market gap. At that time, I was busy and satisfied working 45+ workweeks in the same corporate management position that I still happily hold today; however, this new passion creatively fueled me.

how-i-created-a-profitable-podcast-for-car-enthusiasts

-  
Darren Reighard, on starting Cars of Carlisle ($419/month) full story ➜

7. Start a video production company ($1.99M/year)

Henry Finn from San Francisco, California, USA started Luminous almost 8 years ago, a video production company.

  • Revenue: $166,000/ month
  • Founders: 2
  • Employees: 4
  • Location: San Francisco, California, USA

I’m a filmmaker and that’s where my passion is. I’m an artist from my balls to my heart and I only became a producer and use my head because I also hate working 9-5s and I wasn’t interested in moving to LA. So I realized pretty quickly if I wanted to be free doing something I loved I would have to learn the business side.. which was really hard for me in the beginning.

I made a lot of mistakes and learned a lot of hard lessons because as an artist you don’t care about a lot of things that corporations care about (namely learning to look at a project as a product for capitalistic needs over self-expression) and also have to add a lot of components to your knowledge like branding, marketing, etc.

Luckily the fear of letting the corporate machine suck my soul out forever (I used to be in banking) outweighed my cynicism, so I sucked it up and made a business for myself.

But actually, the moment that really changed my perception of reality was when I accidentally started one of the world’s top modern art sites (at the time) with a group of friends way back in 2005 or so.

We were originally going to make a collaborative portfolio site to try and get clients for our businesses (filmmakers, photographers, graphic designers, etc.) and I was trying to solve the problem of how to get someone to come back to our website once they’ve visited it once.

So I had this hypothesis that if instead of making a simple portfolio site, if we actually made a blog and just shared dope art we love with the world, it might give people a reason to come back.

how-henry-finn-built-2m-year-video-production-company-working-with-the-biggest-brands-in-the-world

-  
Henry Finn, on starting Luminous ($166,000/month) full story ➜

8. Start a tutoring business ($1.2M/year)

Adam Shlomi from Miami, FL, USA started SoFlo SAT Tutoring over 2 years ago, a tutoring business.

  • Revenue: $100,000/ month
  • Founders: 1
  • Employees: 2
  • Location: Miami, FL, USA

I come from an entrepreneurial family. My father works for himself and my maternal grandfather started a clothing factory. Working for myself has always been encouraged by my family, but before I could get started, I needed to learn a skill. At Georgetown, I study international politics and business. Most students with these backgrounds go on to work at prestigious firms like J.P. Morgan. I really didn’t know what kind of business I could start, and frankly, planned to work as a (boring) data analyst after graduation.

If you have an idea but don’t have the knowledge to execute, use that idea as motivation and go learn how to turn your vision into reality.

Tutoring first came to mind because I had spent significant time working for other tutoring companies and cutting my teeth/learning how the industry works during my teen years. I first started tutoring when I was 15. I was hired by College Experts, a local test prep center in Davie, Florida. My first student was three years older than me, and I spent our first session teaching him how to use his calculator rather than trying to explain any complicated formulas. Being a student myself, I was able to bring a student’s perspective to tutoring. I worked for College Experts until my senior year of high school when I began tutoring on my own and finding clients on Craigslist.

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

-  
Adam Shlomi, on starting SoFlo SAT Tutoring ($100,000/month) full story ➜

9. Start a business plan writing business

Examples of a successful business plan writing business:

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

For further info, check out these books and products:

Learn more about starting a business plan writing business ➜

article

10. Become a ghost blogger

Examples of a successful ghost blogger:

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

For further info, check out these books and products:

Learn more about starting a ghost blogger ➜

article

11. Become a freelance editor

Examples of a successful freelance editor:

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

For further info, check out these books and products:

Learn more about starting a freelance editor ➜

article

12. 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 ➜

article

13. Start a tv show program business

Examples of a successful tv show program business:

Here are some great videos on how to get started with a tv show program business:

For further info, check out these books and products:

Learn more about starting a tv show program business ➜

article

14. Start a speech writing business

Examples of a successful speech writing business:

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

For further info, check out these books and products:

Learn more about starting a speech writing business ➜

article

15. Become a sports news anchor

Examples of a successful sports news anchor:

Here are some great videos on how to get started with a sports news anchor:

For further info, check out these books and products:

Learn more about starting a sports news anchor ➜

article

Pat Walls,  Founder of Starter Story

Want to start your own business?

Hey! 👋I'm Pat Walls, the founder of Starter Story.

We interview successful business owners and share the stories behind their business. By sharing these stories, we want to help you get started.

Interested in starting your own business? Join Starter Story Premium to get the greatest companion to starting and growing your business:

  • Connect + get advice from successful entrepreneurs
  • Step by step guides on how to start and grow
  • Exclusive and early access to the best case studies on the web
  • And much more!

Are you ready to boost your revenue?

Using Klaviyo will open up a massive, untapped sales channel and bring you closer to your customers!

We've interviewed many impressive businesses who swear by the results of the product, including Brumate, Beardbrand, and many more.

Level up your email marketing with Klaviyo!

Leave a comment
Your email address will not be published.