The 42 Best Business Ideas In Martinique [2022]

The 42 Best Business Ideas In Martinique [2022]

Interested in starting a business in Martinique in 2022?

We put together 42 of the best businesses you can start in Martinique today.

In this list of ideas, you can find:

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

Here's the full list:

1. Start a promotional services

How Much Can You Make?
$2,000 — $800,000/month
Skills

Case Study

I’m Xavier Coiffard, I started my career 12 years ago as a developer. As a freelancer first, then I joined multiple startups as an employee and eventually co-founded a few of them.

I started this challenge 4 months ago, but I already generate $2000 every month with them.

how-i-created-a-2k-month-startup-marketing-database-using-no-code-tools

2. Start a language translation service ($275K/month)

Language translation services bridge the linguistic barriers, helping businesses reach a wider audience outside of a single language. A language translation job is an opportunity to cover a wide range of topics and meet people from different cultures.

To become a language translator in Martinique, master a second language and earn some experience so you become fluent in the second language.

How Much Can You Make?
$40,000 — $550,000/month
Average Initial Investment
$635,000
Time To Revenue
180 days
Skills
Business model

Case Study

Hello, my name is Cédric Sigoire and I am the owner of the DEMAN Translations group.

We will reach more than 6 million euros in the year 2021 and my target for 2022 is 10 million euros!

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

3. Start a voice over service ($40K/month)

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 Martinique, 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 Can You Make?
$40,000/month
Average Initial Investment
$50,000
Skills

Case Study

Hi, my name is Mony Raanan, and I’m the founder of Voice Crafters, a multilingual voice-over agency and marketplace.

Voice Crafters operated as an agency until early 2020, at which point we launched our online marketplace. This move essentially helped double our revenue and we’re on track to making at least $500,000 in 2021 with a bottom line of around 40%.

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

4. Start a dropshipping business ($12K/month)

Dropshipping allows you to start your online e-commerce store without stock-keeping. Therefore, you do not need huge capital, and the risk is minimal because the manufacturer is responsible for the inventory and ships it directly to the customer. Therefore, your responsibility remains to market and offer customer service.

To start a successful dropshipping business in Martinique, you need a mastery of online marketing and a focus on improving customer experience.

How Much Can You Make?
$5,500 — $3,000,000/month
Average Initial Investment
$11,866
Time Commitment Per Week
Min. 10 hours/week
Skills
Interests
Business model

Case Study

Hello, my name is Kamil Sattar. I am an entrepreneur who’s developed many six-figure drop shipping businesses. I’ve also created systems to maximize opportunities in different markets and I’ve started companies in many industries. One of those companies specializes in helping people who are seeking to create drop ship companies of their own.

Of course, with every store that I open, I am able to learn new things. With every new thing that I learn, it helps me improve my system that I use to create these six and seven-figure stores and it helps me improve my process for helping others generate their stores.

how-i-started-a-100k-month-business-mentoring-dropshipping-entrepreneurs

5. Become a software developer ($149K/month)

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 Can You Make?
$5,000 — $500,000/month
Average Initial Investment
$327,675
Skills

Case Study

Hi all, my name is Max Rice, and I’m the co-founder and CEO of SkyVerge, where we build software tools that help over 100,000 eCommerce brands manage and grow their online stores. Our customers are mostly small to medium-sized businesses in all kinds of verticals.

My co-founder Justin Stern and I started SkyVerge in 2013 and we’re a globally distributed team of over 30 people, with revenue of $350,000 per month.

how-we-started-a-350k-month-business-developing-software-tools-for-ecommerce-brands

6. Start an affiliate marketing business ($290K/month)

Are you looking for a side hustle that will pay you a passive income? Affiliate marketing is one of those side hustles that will pay you well over the long-term.

To get started, learn how to find the right product and find the right brand to partner with. You may prefer becoming an affiliate marketer for an eCommerce store or partner with a manufacturer, and market their products for a commission.

How Much Can You Make?
$500 — $500,000/month
Average Initial Investment
$51,285
Skills

Case Study

My name is Patrick Hess and I am the creator of Bar Games 101, a website about a wide variety of games to play with your friends and family.

As our library of game-focused content expands, traffic is increasing as well, with over 200K monthly unique visitors and revenue over $4,000 for the month of August.

how-i-built-a-3-5k-month-authority-site-with-a-full-time-job

7. Start a mobile app development business ($79.2K/month)

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.

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.

It's no surprise that the mobile app industry is booming. The average Mobile APP Developer salary is $101,982 per year, or $49.03 per hour. These days, you can even get your foot in front of millions by developing video game apps!

The recent trends in mobile app development are moving toward Augmented Reality (AR) and Virtual Reality (VR). These new technologies are providing businesses with new ways to engage with their customers.

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.

How Much Can You Make?
$6,000 — $700,000/month
Average Initial Investment
$115,736
Skills

Case Study

Hi! 👋 My name is Tim Bornholdt, and I’m a co-founder of The Jed Mahonis Group. We are a custom iOS and Android app development consultancy, and we specialize in building native mobile app solutions for businesses of all sizes.

We’ve grown at a steady pace over the past eight years. We currently work with several large and small organizations including Great Clips, Profile by Sanford Health, Green Mill, and the USA CUP. My business partner and I started the company right out of college by investing $250 each and have since turned it into a nearly seven-figure a year agency.

how-we-started-a-82k-month-custom-ios-and-android-apps-development-agency

8. Start a content writing company ($30.2K/month)

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 own 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 Martinique, 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 the operations.

How Much Can You Make?
$1,200 — $250,000/month
Average Initial Investment
$3,697
Time To Revenue
300 days
Skills
Business model

Case Study

Hi! My name's Dani, founder of Scribly.io - you can’t see me but I’m waving at you 👋

Last month Scribly.io topped $14K monthly revenue. That was a really big moment for me, and a bit of a turning point. What started out as a 'let's try and see' project has now become my full-time job with ambitious growth plans 🙌.

how-dani-mancini-transformed-her-freelance-gigs-into-a-saas-business

9. Start a podcast ($36.6K/month)

Do you have knowledge and passion that you'd love to share with other people? Or perhaps you are a content creator and looking for ways to expand your revenue streams? If you match any of these criteria, then becoming a podcast host could be the perfect opportunity for you.

Podcasts are the new radio. Podcasting is one of the fastest-growing mediums for online audio, and it's not expected to slow down any time soon. But unlike traditional radio, podcasts are driven by content creators who have a passion for sharing stories with their listeners.

One of the main benefits that come with starting a podcast is the minimal investment needed to get started. All you need is a computer or phone with a microphone and a way to host it online. You can even create one on your own website if you want.

How Much Can You Make?
$419 — $1,020,000/month
Average Initial Investment
$4,868
Time To Revenue
90 days
Time Commitment Per Week
Min. 2 hours/week
Skills
Interests
Business model

Case Study

Hey there! I’m Jeremy Enns, the founder and Storyteller In Chief at Counterweight Creative, a podcast production and strategy agency.

I started the company 3 years ago, in 2016 with one client, making $15/hour and have grown into a team of 10 contractors producing more than 30 shows per week with revenue of over $10K/mo.

how-i-started-a-successful-podcast-production-company

10. Become a proofreader ($2K/month)

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 Martinique, 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 Can You Make?
Skills

Case Study

Hi, my name is Lenny Bron, and I am The Blog Proofreader. I’m the annoying grammar police person you’ve always been tired of hearing from every time you use an ellipses incorrectly in a Facebook post you wrote 3 years ago.

I’ve been able to build my business from scratch to consistently make ~$2,000 per month with zero experience in the field, no expenses, and barely any upfront costs.

how-i-added-2-000-to-my-monthly-income-proofreading-blog-posts

11. Start a blog ($16.7K/month)

In recent years, blogging has become a highly sought-after & lucrative Business. This is 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, first 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 Can You Make?
$400 — $160,000/month
Average Initial Investment
$2,721
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

Hello! My name is Michelle Schroeder-Gardner, and I run Making Sense of Cents, a personal finance and lifestyle website that helps readers earn more, save more, and live more.

I earn around $100,000 a month from Making Sense of Cents and have made over $5,000,000 from it over the years. Much of it is profit, as my expenses are extremely low. I am the only full-time employee of my business, but I do outsource some work. I have a virtual assistant, an editor, and a technical manager.

how-i-started-a-100k-month-blog-about-personal-finance

12. Become a mobile personal trainer ($30K/month)

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 Martinique.

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

How Much Can You Make?
$8,500 — $100,000/month
Average Initial Investment
$100,000
Time To Revenue
240 days
Time Commitment Per Week
Min. 4 hours/week
Skills
Interests
Business model

Case Study

Hey everyone! I am Chris and in March 2011 I started Live Fit. Live Fit is a personal training company that was created to change the standards in the personal training industry. Early on I focused on building a company that is not only based on results, as most fitness companies are, but that is also focused very heavily on relationships. Relationships create trust, trust creates buy-in, and buy-in leads to the accountability and dedication it takes to get results.

how-i-started-a-60k-month-personal-training-company

13. Start a digital marketing business ($195K/month)

Digital marketing businesses serve local and international companies to expand their reach and grow revenue. A top reason digital marketing is so exciting is that the field is constantly evolving and is easy to learn.

If you plan to start a digital marketing business in Martinique, educate yourself and understand as much how digital marketing agencies work. Then, focus on building your digital skills and advancing your career through digital marketing online courses.

To stand out, find a digital marketing niche and focus on the audience interested in your services.

How Much Can You Make?
$1,500 — $800,000/month
Average Initial Investment
$80,670
Time To Revenue
300 days
Skills
Business model

Case Study

My name is Lars Helgeson and I am the founder of GreenRope, a CRM and marketing automation platform. Our company started in 2000 as an email marketing SaaS and in 2008 decided to focus on the challenges that businesses face in managing sales, marketing, customer service, and operations.

GreenRope has over 1,000 customers in over 20 countries, ranging from startups to universities and municipalities.

on-starting-a-160k-month-crm-automations-company-after-a-us-air-force-career

14. Start a web design & online marketing business ($264K/month)

How Much Can You Make?
$3,000 — $800,000/month
Skills

Case Study

Hey there! I’m Shannon Mattern and I’ve helped over 15,000 new online business owners learn how to build their websites and market themselves online (even if they’re not a techie and are starting from zero).

And every month on my podcast I break down exactly how much money I make, how I make it and what my expenses are - because I believe it’s important to show the whole picture of what the opportunities and the costs are to run an online business!

how-i-started-a-10k-month-business-selling-diy-web-design-and-marketing-courses

15. Start an online video editing business ($4K/month)

How Much Can You Make?
$2,000 — $100,000/month
Average Initial Investment
$150,075
Skills

Case Study

Hey, I am Sabba and I am the co-founder of VEED.IO along with my partner in crime Tim. We are a London-based bootstrapped startup. Our web app, VEED, is a simple online video editing platform that allows users to do a bunch of cool stuff like auto subtitle videos, add video effects, add music, trim, rotate videos and much more all in the browser.

We launched just over a year ago, started charging 4 months ago and as of this interview, we are at $5,300 MRR and are just about profitable (Ramen profitable).

how-we-developed-a-6k-month-online-video-editing-software

16. Start a SEO agency ($1.19M/month)

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 the 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 a great chance for success.

It's easier than ever to start your SEO agency in Martinique. 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 Can You Make?
$3,500 — $10,000,000/month
Average Initial Investment
$5,712
Time To Revenue
390 days

Case Study

My name is Chris Dreyer and I’m the CEO/Founder of Rankings.io, LLC. My company is a hyper-focused SEO (search engine optimization) agency; we help elite personal injury law firms dominate first page rankings.

In 2018, we were #858 in the Inc. 5000 list of the fastest-growing companies in America. Our revenue is just under $300,000 per month and we’re on pace for another record-breaking year.

how-i-started-an-seo-agency-for-lawyers-generating-3-6m-year

17. Become a virtual assistant ($176K/month)

Virtual assistants support businesses, teams, or individuals by performing administrative tasks remotely. As more businesses outsource more roles, the demand for virtual assistants is growing rapidly.

Becoming a virtual assistant is flexible as you can choose a work schedule and location. Many virtual assistants in Martinique 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. Figure 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 Can You Make?
$1,000 — $500,000/month
Average Initial Investment
$4,200
Time To Revenue
180 days
Skills
Business model

Case Study

Hi, I am Julmar Grace Locsin, and I am the owner and co-founder of Filipino Virtual Assistance by FVA Business Consultancy. FVA offers online and offline training, coaching, consulting, workshops, services, franchising-related virtual assistance, offshoring, outsourcing, and remote work for brands and businesses, here and abroad.

Our very mission is to equip freelancers, empower marketers, and enable businesses. We envision FVA for global digital leadership that will impact the world through digitalization, one life at a time. FVA has three arms, namely FVA Online Academy- have trained 25,000 students from our 31 courses, FVA Services- from training to hiring programs, and FVA Franchising with 16 Coaches assigned from different territories. And we are fifteen in the FVA team, including FVA co-founder Jay Locsin and me.

on-starting-a-business-training-virtual-assistants

18. Start a travel agency ($138K/month)

Are you a passionate traveler with entrepreneurial skills? Then starting a travel agency can be a great career choice for you.

As a travel agency, you'll be responsible for linking travelers to providers of all the travel and tourism-related services such as accommodation, transportation, sightseeing, tour guides, local adventure, etc.

Starting an online travel agency is a lot easier than you might think. You'll need to perform market research, get a few necessary certifications (such as your IATA number), study competition, build a website, and do proper marketing.

To maximize earnings, negotiate discounts from the industry service providers, and charge travellers within the market rate

How Much Can You Make?
$1,100 — $1,500,000/month
Average Initial Investment
$16,390
Business model

Case Study

Hey! My name is Marissa Daniels, and I am a millennial travel agent! I began Spread Your Wings Travel in February of 2019. Prior to 2019, I wanted an extra source of income just to have an extra cushion. I did mystery shopping, took surveys online, drove for Postmates and DoorDash, worked at a grocery store, anything I could find for extra money. I also did, and still do Brand Ambassador events as well- but those things didn’t fulfill me. I was doing them to get extra money, but it didn’t have a purpose and it wasn’t paying me as much as I wanted, so I stopped it all and just gave it to God. I let Him handle it.

Spread Your Wings Travel offers all-inclusive vacations (most under $1000 per person), cruises, luxury villas, cabins, domestic travel and more! The main thing that people like about my business is that I have a payment plan option. I like to have that option for them because not everyone is able to pay for a vacation upfront.

how-i-started-a-2k-month-side-hustle-selling-vacations

19. Create an online course ($117K/month)

Online course businesses are one of the fastest-growing online business models. Creating an online course is an awesome way to generate extra income because it allows you to monetize the knowledge you already have. More people are taking online courses every day, and the COVID pandemic has accelerated that, with some online learning platforms having seen 15-folds growth in the number of users.

Another advantage is that these new platforms are so easy to use for instructors that you don't have to worry at all about the tech side of the business. You just need to focus on creating exciting content that is informational & engaging at the same time.

Starting an online course in Martinique allows you to eliminate some of the huge costs associated with setting up a physical training facility, and it's a great way to reach as many people.

How Much Can You Make?
$350 — $3,735,000/month
Average Initial Investment
$4,297
Time To Revenue
150 days
Skills

Case Study

We are Christian and Rasmus Mikkelsen, also known as the Mikkelsen Twins online. We run an online education company where we help people to build an online book publishing business. The reason why we teach what seems like a random/kinda weird online business model is because it’s what changed our lives almost 3 years ago and freed us from the life path we were heading down (were in the middle of a business degree in community college and there was absolutely no hope for a truly happy and fulfilled life if we had continued to take that path in life).

Fast forward to today, our company is making over 6-figures in profit every month which is almost unbelievable for two 24-year-old (ambitious) idiots with just a laptop, wifi connection and a small team.

how-we-launched-a-120k-month-audiobook-publishing-course

20. Build an API ($15K/month)

API is the acronym for "application programming interface" and is a software intermediary that connects to applications to one another.

More and more companies are adopting a digital business strategy to streamline their operations and provide better customer service.

There are so many benefits that come with using an API, and we've put together a list of the best API businesses today.

How Much Can You Make?
$3,600 — $500,000/month
Average Initial Investment
$150
Skills

Case Study

Launched in 2016, it has grown to thousands of daily users, over a hundred millions in monthly API calls and revenues of over $15k per month. That’s over 1,000% up from a year ago, and still growing fast - the current month is always higher than the previous one.

creating-an-api-for-developers-earning-15k-month

21. Start an online jewelry store ($297K/month)

Starting an online jewelry store can be a lucrative and engaging business. The online jewelry store industry has been growing rapidly. More and more people are buying cheaper jewelry online because it is easier and has a much larger selection.

The United States jewelry market was valued at about $76B in 2020. Diamond jewelry is the most valuable jewelry market in the United States. Starting an online jewelry store can be extremely profitable. But to do this, you need a great e-commerce platform.

How Much Can You Make?
$1,000 — $500,000/month
Average Initial Investment
$37,500
Time To Revenue
300 days
Skills
Business model

Case Study

I am Nikolay Piriankov, the Founder and CEO of Taylor & Hart. We are an award-winning, disruptive e-tailer of custom-designed, ethical engagement rings, wedding rings, and fine jewellery, that capture your story. Our online platform, processes, and brand democratises bespoke jewellery, allowing us to offer this service at scale. Taylor & Hart's vision is to reconnect customers with the original purpose of jewellery - a personalised product that tells a unique story.

Recently we closed a seed round of £1M. The London based Garage Soho, an early stage investor and brand builder also supported us in the last round.

starting-and-growing-a-jewelry-business-to-4-6m-year

22. Start a mobile photography ($40.1K/month)

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 Martinique, 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 Can You Make?
$2,000 — $500,000/month
Average Initial Investment
$24,583
Skills

Case Study

Hi! My name is Tsour Lee Adato and I am the founder of Pro Photo Studio. I started my product photography business over 5 years ago while living in New York. Pro Photo Studio specializes in high-end commercial photography and also caters to the average eCommerce online seller who sells on platforms like Amazon and Etsy.

The company began realizing a profit very quickly, in the first quarter after opening and year over year profits have increased while the cost of customer acquisition has decreased. Currently, the company makes approximately $350k per year and is on its way to becoming a 7 figure business.

how-i-started-a-45k-month-commercial-product-photography-business

23. Start a freelancer platform ($1.21M/month)

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 Can You Make?
$7,000 — $5,000,000/month
Average Initial Investment
$83,738
Time To Revenue
300 days
Skills

Case Study

Hello! I’m one of the co-founders of CloudDevs. We started this company in 2019 with a mission to change things around in the tech talent-hiring industry. We launched for sales in March of 2020, right before the initial lockdown due to the Covid 19 pandemic.

We are proud to say that within our first year of sales, we reached 1 Million USD in GMV, and we are aiming higher this year.

we-bootstrapped-a-tech-talent-platform-to-1-2m-sales-in-our-first-year

24. Sell building materials

A building material business trades materials used in the construction industry.

The building materials include loose rocks, sand, iron, bricks, cement, poles, cement, and all other materials the building contractors need. Your target market will be building and construction managers, hardware, and contractors.

To promote your business, get featured in industry magazines and online forums. Create a website and ensure an active online presence through social media and SEO.

How Much Can You Make?
$20,000/month
Skills

Case Study

My name is Mat Hofma, and I created Mini Materials. We sell miniature masonry and woodworking supplies like cinder blocks, red bricks, pallets, lumber, and even molds to pour your own cinder blocks.

Since then we've expanded to different styles of mini masonry and even kits to build models.

selling-mini-construction-supplies-and-making-17k-mo

25. Start an online advertising agency ($410K/month)

An online advertising agency provides business owners with a wide range of marketing services to help them reach targeted customers, and increase their product or service sales.

Services offered by online advertising agencies include creating ads, planning marketing campaigns, deciding the best platforms for reaching the target audience, and analyzing performance to help businesses make strategic marketing and advertising decisions.

How Much Can You Make?
$10,000 — $1,250,000/month
Average Initial Investment
$18,576
Skills

Case Study

Hello, my name is Luis Camacho and I am the founder of Fantôm Agency and also the host of the SaaS AdLab podcast, which is a podcast where I interview SaaS founders to learn more about their story. Fantôm is a digital advertising agency which focuses on helping mid-to-late stage SaaS (software as a service) companies scale through paid advertising channels such as Google, Facebook, and LinkedIn.

Fantôm focuses entirely on paid advertising, I guess you could say that’s the bread and butter, it’s what I’m great at but it’s also what I’m most passionate about. There were attempts to enter different service offerings but did not have as much fun doing so. Now when clients have the need for other types of marketing, say, email marketing, I point them to one of my trusted partners who are able to execute and over-deliver on such service for them. Currently, Fantôm is making roughly $8,600 per month overhead is only a couple of hundred dollars per month, about $300, which go towards tools and software needed in order to provide the best possible results for clients.

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

26. Start a glamping business

Glamping is the ultimate in eco-chic these days. A glamorous twist on camping, glamping feels more like a 5-star hotel and less like roughing it.

You could turn your backyard into a campground that earns money every day.

27. Start a travel agency ($138K/month)

Are you a passionate traveler with entrepreneurial skills? Then starting a travel agency can be a great career choice for you.

As a travel agency, you'll be responsible for linking travelers to providers of all the travel and tourism-related services such as accommodation, transportation, sightseeing, tour guides, local adventure, etc.

Starting an online travel agency is a lot easier than you might think. You'll need to perform market research, get a few necessary certifications (such as your IATA number), study competition, build a website, and do proper marketing.

To maximize earnings, negotiate discounts from the industry service providers, and charge travellers within the market rate

How Much Can You Make?
$1,100 — $1,500,000/month
Average Initial Investment
$16,390
Business model

Case Study

Hey! My name is Marissa Daniels, and I am a millennial travel agent! I began Spread Your Wings Travel in February of 2019. Prior to 2019, I wanted an extra source of income just to have an extra cushion. I did mystery shopping, took surveys online, drove for Postmates and DoorDash, worked at a grocery store, anything I could find for extra money. I also did, and still do Brand Ambassador events as well- but those things didn’t fulfill me. I was doing them to get extra money, but it didn’t have a purpose and it wasn’t paying me as much as I wanted, so I stopped it all and just gave it to God. I let Him handle it.

Spread Your Wings Travel offers all-inclusive vacations (most under $1000 per person), cruises, luxury villas, cabins, domestic travel and more! The main thing that people like about my business is that I have a payment plan option. I like to have that option for them because not everyone is able to pay for a vacation upfront.

how-i-started-a-2k-month-side-hustle-selling-vacations

28. Start a restaurant

If you love cooking and have a passion for entrepreneurship, starting a restaurant can be fun and a lucrative business.

To get started, choose a great location, and hire an excellent support team. You will need a chef to inspect the food, line cooks, waiters, and waitresses to serve the customers. No matter the restaurant type, you need great culinary and business skills, to make your dream come true.

If you plan to open a restaurant in Martinique, gain insight from consumer preferences and focus on serving modern consumers what they need.

How Much Can You Make?
$83,400 — $61,650,000/month
Average Initial Investment
$5,000
Skills

Case Study

Hi, I’m Andrei Calinescu and I am the Founder and CEO of One Life Meals.

starting-a-1-5m-healthy-meals-delivery-business

29. Start a grocery store

A grocery store sells a wide variety of fresh vegetables, seasonal fruits, along with a full range of household and personal care items. The grocery store industry is the largest retail channel that makes $682 billion industry in the United States.

To start a basic grocery store, you can expect to spend a minimum of $50,000. Ideally, the bigger expense would be the rent, equipment, labor cost, cash registers/POS systems and software. Some of these are recurring monthly fees. However, things that will make a bigger impact on the business are the location, size of the store, competitors, local customers. To make a bigger profit, a new grocer should sell more items for a lower price.

A new grocer can also save costs by buying the items from local distributors. The distributor is the middle man between the manufacturer and the grocery store selling it. Once the store cost and location is decided, the next step is to obtain a seller license. In most states, a grocer's license is required to run a grocery store.

Thus an average grocery store has a profit margin of 3% to 5%. The profit rates depend on the location, size, and popularity of the store. On average, a small to medium grocery store can make profit up to $300,000 annually if all the profit factors are considered.

Another way to make your business more profitable is to diversify your store and add amenities like a coffee shop or stocking up the front of the store with magazines, batteries, etc. as these items can cross margin of up to 70%. As a rule of thumb, offer lower prices on higher purchase, this will ultimately win more customers and increase profitability.

30. Start a furniture wholesale distribution business

The furniture wholesale industry consists of wholesalers and distributors of furniture.

These companies are involved in the buying and selling of furniture at wholesale prices to retailers, contractors, and other wholesalers. Though many companies in this industry operate in close liaison with manufacturers, many wholesalers and distributors also work on their own.

31. Start a natural beauty product business ($22.3K/month)

Natural beauty products consist of items like: aloe vera, honey or cocoa butter. They contain no chemical or synthetic elements.

The global natural skin care products market size was valued at $6.7 billion in 2021.

Thinking about launching a beauty product line? What's holding you back? Check out our case studies below to see how others have done it!

How Much Can You Make?
$300 — $70,000/month
Average Initial Investment
$65,654
Time To Revenue
360 days

Case Study

Hello, my name is Mel. I run a skincare business called Flowerdale Valley. I named the business Flowerdale valley because that's where I live, in a small town called Flowerdale in country Victoria, Australia.

how-a-mother-of-two-started-a-5k-month-skincare-business-from-home

32. 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 get a chance to define your work schedule and even choose what niches to work on.

How Much Can You Make?
$10,000 — $15,000/month
Skills

Case Study

I’m Amanda Shepherd, the owner and lead mentor at the Social Media Manager Society. Aside from social media consulting to businesses in the food, beverage, and hospitality industries, I created a program to teach other women how to run successful social media businesses so they can have the time and financial freedom they’ve always wanted!

I quit my 9-5 and in one year made almost $100,000 working an average of four hours per day - and still growing!

how-i-started-a-7-5k-month-social-media-consulting-and-training-business

33. Start a language learning app ($18.6K/month)

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 Can You Make?
$18,635 — $13,500,000/month
Skills

Case Study

I’m Alex, the co-founder and CEO of Gikken /'gɪk ən/. We made a few apps and browser extensions used by 800,000 people every month. We’re (yet) small, profitable, and based in Europe’s most interesting city—Berlin, Germany.

We’re making around $18,000 a month with it being higher in school months and lower during the summer months. You may ask, “Why so little if you have so many users?” and that’d be a totally valid question that I’m also asking myself. Monetizing our existing user base better is our top 1 priority for the next year.

how-we-started-a-18k-month-app-and-browser-extensions-development-business

34. Start an email marketing business

How Much Can You Make?
$1,500 — $33,166,667/month
Average Initial Investment
$10,628
Time To Revenue
90 days
Skills
Business model

Case Study

Hello, my name is Chase Dimond and I am the Co-Founder of Boundless Labs. We are an email marketing agency that specializes in working with eCommerce brands. We currently work with 30 eCommerce brands that do anywhere from 6 to 8 figures in annual revenue.

We ended up bringing on our first full-time employee in Q3 of 2019 and started onboarding clients again. For the second half of 2019, our business grew by ~$12K per month and we’re now making ~$90K per month. We just recently hired our second full-time employee and anticipate we’ll be at $100K per month in revenue by the end of January 2020.

how-i-started-a-55k-month-email-marketing-agency-specialized-in-ecommerce

35. Become a landlord

One of the most common ways to make money in the real estate industry is by becoming a landlord. You can purchase one or more rental properties and then lease them out to tenants. As a landlord, you'll be responsible for maintaining the property and collecting rent from your tenants.

Landlords are in the perfect position to build their own legacy. The cash flow that comes from being a landlord offers you both freedom and stability, while also providing an investment asset with potential for growth - all without sacrificing too much of your hard-earned money!

With mortgage payments to contend with and the tough competition, you may be able profit $200-$400 per month on your property.

The current popularity of renting rather than buying is making the landlord business model more popular than ever. More and more people are choosing to rent properties instead of buying them, which means that there is a high demand for rental properties. This trend is only expected to continue, so now is a great time to get involved in the landlord business!

This real estate business is a great way to build long-term wealth, while also enjoying the benefits of being your own boss. And, it's a perfect option for those who want to be involved in the real estate industry without having to deal with the day-to-day grind of property management.

36. 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. 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 an extra income.

If you are looking 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 Can You Make?
$800 — $4,500,000/month
Average Initial Investment
$1,700
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

I am Chhavi, the founder and owner of the blog and YouTube channel Mrs Daaku Studio along with my husband Amit.

Our blog, YouTube channel, and products are designed to help you achieve what we have (...and, more).

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

37. Start an online retail store business

How Much Can You Make?
$5,000 — $62,500,000/month
Skills

Case Study

Hagan makes ski mountaineering gear—exclusively. We focus without distraction on alpine ski touring. We don’t make downhill skis, clothing, hiking boots, or running shoes.

Our focus on high-performance ski mountaineering gear is recognized and appreciated by devoted backcountry skiers and has 50% annual growth in recent years. Hagan is Pure Ski Mountaineering.

how-i-started-an-online-store-selling-backcountry-skis

38. Start a stock video business ($10K/month)

How Much Can You Make?
$10,000/month
Skills

Case Study

I’m Eduard Stinga, founder of VideoPlasty, a platform for stock animation and GIF images.

Since we launched, more than 600,000 people have visited our platform over the years, with 2020 being our best year so far, the year we finally cleared the first legendary milestone for any startup, registering our first six-figure year with a little over $100k in revenue. And we’re just getting started!

i-built-a-120k-year-stock-animation-and-gif-images-side-hustle

39. Start a vr escape room

Google searches for Escape Room VR has been growing globally. That means that awareness and demand for virtual reality escape rooms are increasing. Therefore, VR escape rooms have the potential for massive growth over the next few years.

To start a VR escape room business, create a business plan. A good business plan should help you track market trends and outline an operational strategy. Select the VR escape room you want to open and select the best location. Finally, select the VR escape room games and consider licensing requirements.

40. Become a virtual assistant ($500K/month)

Work from home has become more accepted by both workers and employers. One of the best side hustles to earn extra income in 2022 is becoming a virtual assistant.

A virtual assistant provides administrative services to clients while operating remotely. The typical tasks for virtual assistants include making phone calls, travel arrangements for diplomats and business executives, scheduling appointments, etc. one advantage of becoming a virtual assistant is working for as many clients as you can handle.

Besides, you work on your terms and at your convenience. You can apply for virtual assistant jobs in Martinique on online freelancing platforms like Upwork, Fiverr, or Guru.

How Much Can You Make?
$1,000 — $500,000/month
Average Initial Investment
$6,341
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

Hi, I am Julmar Grace Locsin, and I am the owner and co-founder of Filipino Virtual Assistance by FVA Business Consultancy. FVA offers online and offline training, coaching, consulting, workshops, services, franchising-related virtual assistance, offshoring, outsourcing, and remote work for brands and businesses, here and abroad.

Our very mission is to equip freelancers, empower marketers, and enable businesses. We envision FVA for global digital leadership that will impact the world through digitalization, one life at a time. FVA has three arms, namely FVA Online Academy- have trained 25,000 students from our 31 courses, FVA Services- from training to hiring programs, and FVA Franchising with 16 Coaches assigned from different territories. And we are fifteen in the FVA team, including FVA co-founder Jay Locsin and me.

on-starting-a-business-training-virtual-assistants

41. Start a restaurant

If you love cooking and have a passion for entrepreneurship, starting a restaurant can be fun and a lucrative business.

To get started, choose a great location, and hire an excellent support team. You will need a chef to inspect the food, line cooks, waiters, and waitresses to serve the customers. No matter the restaurant type, you need great culinary and business skills, to make your dream come true.

If you plan to open a restaurant in Martinique, gain insight from consumer preferences and focus on serving modern consumers what they need.

How Much Can You Make?
$83,400 — $61,650,000/month
Average Initial Investment
$5,000
Skills

Case Study

Hi, I’m Andrei Calinescu and I am the Founder and CEO of One Life Meals.

starting-a-1-5m-healthy-meals-delivery-business

42. Start a hotels business

If you are considering starting a hotel, then it is time to set your plan into action. 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 prior to 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
Pat Walls,  Founder of Starter Story
Want to start your own business?

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