42 Mechanical Engineering Business Ideas [2022]

42 Mechanical Engineering Business Ideas [2022]

If you are a mechanical engineer and are thinking about starting a business, this article will help you to find the best one.

We will explore some of the most popular business ideas for engineers, such as engineering consulting and engineering design services. We will also look into more specific ideas for your skillset, such as CAD design services or robotics manufacturing.

This article is not about how to start a business. It’s about how to choose the right type of business for your skillset.

Here are 40 business ideas to help you find the perfect one:

1. Start a CAD designing business

A CAD designer is a professional who specializes in Computer-Aided Design. They use CAD software to create designs for clients and projects.

The CAD design industry has been growing at a rapid pace over the last few years. The need for 3D modelling and rendering services has risen dramatically in recent years, with many industries looking to CAD designers for their expertise and creativity.

A good CAD designer should have a wide range of skills which will allow them to work on projects from start-to-finish, from initial concept through final production.

How Much Can You Make?
Average Initial Investment
$15,000
Skills

Case Study

There are so many project examples but an interesting one in the early years was a portable vacuum to clean up dog poop when you walk your day. It was called the “Vacapoo”

how-i-left-my-job-to-start-a-9k-month-cad-design-business

2. Start an electronics repair business ($4K/month)

The electronics industry itself is worth more than $2 trillion. And electronics repair is a lucrative business that can be started with little to no money.

One of the most important things an electronics repairman must do is to make sure they have the right tools and equipment for the job. This will include everything from soldering irons, wire cutters, screwdrivers and more. A good way to save money on these tools is by buying them used or refurbished.

It's also important for an electronics repairman to have a solid understanding of how electronics work, including the basics of circuit boards and electricity, so they can troubleshoot problems and fix them as efficiently as possible.

How Much Can You Make?
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

My name is Allen Chiang, and I founded Retro Radio Farm, where I repair and restore old radios. I offer Bluetooth MP3 upgrade if the customer wants to play digital music.

Right now, I make about $50K a year for the work I put in primarily on weekends. While it’s highly profitable, it has not yet lucrative enough yet for me to quit my day job. Although, the business has been growing 20% every year.

finding-and-repairing-retro-radios-turned-into-a-successful-side-hustle

3. Start a small machine shop

A small design shop is a company that manufactures and builds things in the field of mechanical engineering. The company may focus on a specific type of work or have the capability to do many types of work.

Starting a small design shop is a good idea for engineers who have an interest in design, don't want to work at a large company, or are looking for job satisfaction.

Starting your own shop is not easy, but it could be worth it if you are looking for job satisfaction.

4. Start a waste management business ($100K/month)

Waste management is a booming industry with a lot of potential for growth. Waste management companies are in charge of collecting and transporting waste from households, business areas, and other sources. They also collect recyclable materials and sell them to recycling centers.

The market for waste management is huge, but it may be difficult to enter due to the high capital requirements. However, if you have the resources and expertise, there's a lot of opportunity to make it big in this industry.

How Much Can You Make?
$4,000 — $37,000,000/month
Average Initial Investment
$1,450,333
Skills

Case Study

Hi! My name is Dustin Maze. I am the owner of SOCO Waste, a locally owned and operated residential waste removal business based in Colorado Springs, Colorado.

Originally the loan provided a trailer and 5 dumpsters. We now have 51 dumpsters, two roll off dumpster delivery trucks and two residential garbage trucks. We are projecting $700-800k in sales for 2020.

how-i-started-a-41k-month-residential-waste-removal-service

5. Start an auto repair business

There are many people who just love to tinker with, fix and repair cars. This is an all-consuming hobby for some people. They like to take things apart and figure out how things work. The process of fixing and repairing cars is almost therapeutic for them.

An auto repair business is a rewarding way to make extra money, or to build an entire business around.

You can do it in the comforts of your own home, working around your schedule and getting paid handsomely for it. The United States automotive service market is expected to reach $75B by 2026.

6. Start a smart home camera business ($1M/month)

Consumers use smart home cameras to capture video of or around their homes. This can be done remotely via a smartphone. It can also be used for security purposes.

Starting a home camera business will require some investment, such as equipment, software, and other R&D costs.

The smart home camera market is on fire. The worldwide wireless home security cameras systems market size is projected to reach $18B by 2030. There's a new, exciting, and fast-growing business opportunity.

How Much Can You Make?
$1,000,000/month
Time To Revenue
270 days
Skills
Business model
Work from home

Case Study

My name is Yun Zhang and I am the CEO of Wyze Labs, as well as one of the founding members. We founded WYZE Labs in July 2017 and launched our first product, a smart home camera – the Wyze Cam – in October of the same year.

going-viral-and-selling-300-000-cameras-in-6-months

7. Start a job board ($100K/month)

Starting a job board is the easiest way to make money online and have others work for you. This is one of the most underrated ways of creating an online business with no start-up costs. The global online job board market size was $28.68B in 2019 and is projected to reach $43.39B by 2027.

It's no secret that finding a job can be tough. In a time when we have to work harder for less money and resources, it's tempting to give up looking for work altogether. Thankfully, there is another option: starting your own job board.

How Much Can You Make?
$15,000 — $85,000/month
Average Initial Investment
$387
Skills

Case Study

Hey! I’m Gino Ferrand and I’m the founder of TECLA. I’m originally from Lima, Peru, and I’m currently living in Seattle, Washington. My business makes it easy for startups to interview and directly hire software developers from an invite-only network of the top talent in South America (same time zones as the U.S.).

I started TECLA in 2013 with $15k in total investment from my own savings. The business has always been 100% bootstrapped. Today, we are a team of 12 full-time (core) team members, 5 part-time contributors, and a network of 9,000 tech professionals, working remotely (from home) from countries like Argentina, Brazil, Chile, Peru, Mexico, Colombia, and Uruguay.

how-i-started-a-85k-month-business-connecting-companies-with-tech-talent-in-south-america

8. Start a mechanical keyboard business

A mechanical Keyboard is a type of keyboard that uses a mechanical switch for every key.

Mechanical keyboards are designed to last longer than typical keyboards and to be more comfortable for typing. They are also less prone to errors, as the keys on mechanical keyboards require less force to operate.

Starting a mechanical keyboard business is easier than you think. The barrier to entry is incredibly low, especially if you're considering this as a part-time side business. Nowadays, mechanical keyboards are all the rage: from the affordable, no-frills offerings to top-of-the-line custom keyboards. It is a very exciting time for mechanical keyboard enthusiasts!

How Much Can You Make?
Average Initial Investment
$1,000
Skills

Case Study

My name is Brad Agdern, and I am the founder of TechKeys, an online retail store dedicated to mechanical keyboard parts and accessories. What is a mechanical keyboard you might ask? If you are old enough to have experienced computer keyboards from the late ’80s and ’90s, you undoubtedly can recall the satisfying “snick” or “thunk” that each keypress made, giving you a tactile feedback that the key was pressed. Most modern keyboards leverage a technology known as “rubber dome” which is cheaper to manufacture as well as allow for lower-profile keyboards.

how-i-started-a-5k-month-side-hustle-selling-mechanical-keyboard-accessories

9. Start a 3d printing business ($260K/month)

3D printing also known as additive manufacturing makes it possible to produce a physical item by assembling a material layer by layer.

If you love creating stuff, then a 3D printing business may just be for you.

How Much Can You Make?
$42,000 — $330,000/month
Average Initial Investment
$407,500
Time To Revenue
240 days
Skills

Case Study

My name is Roy Kirchner, an entrepreneur from Odessa, Florida. After years spent in the automobile and marketing and advertising industries, I decided in 2014 to form a new company solely focused on emerging new technology, 3D printing.

I started my company with an initial, out-of-pocket investment of $65,000, and today we are averaging monthly gross sales of $330,000.

how-i-started-a-330k-month-ecommerce-specialized-in-3d-printing

10. Become a nuts and bolts manufacturer

Nuts and Bolts Manufacturing Business is a huge sector of the USA manufacturing economy. The importance of nuts and bolts manufacturing can not be overstated as every machine tool, appliance, and vehicle that we interact with within our everyday lives uses these tiny parts on a daily basis.

Nuts and bolts are small metal pieces that are used in a variety of applications. They are typically small enough to be held with one hand, but they can also be used as fasteners.

The use of nuts and bolts is not limited to construction. In fact, the automotive industry relies on them for the production of cars, trucks, and other vehicles. The military also uses them for equipment such as tanks and other armored vehicles.

11. Start a kitchen utensils business

Kitchen utensil sets are extremely popular among customers who find cooking fun and enjoy their kitchens. Utensils can make a difference in cooking so that you can cook your favorite dish with ease. There might be a lot of kitchen utensils manufacturers but registering your own kitchen utensils business is not tough at all.

Starting a kitchen utensils business is relatively easy. As long as you have the necessary tools and financial backing. You just need to choose the kitchen utensils and then sell them from door to door or from your cart on a busy street. Although some may find this business too simple, you can get very good profits out of it since most people today are buying kitchen utensils from the market and often buy in bulk.

How Much Can You Make?
$18,000 — $78,000/month
Skills

Case Study

We started with a bad idea initially, but through a lot of trial and error, we developed the product into something successful. We went from zero sales to $18K in sales per month after the first month upon release.

how-an-aerospace-engineer-decided-to-reengineer-the-ice-cream-scooper

12. Start a solar panel installation business

The solar panel installation business is a growing industry. In the past decade, solar panels have become more affordable and attractive to consumers. This has led to an increase in demand for solar panel installation services.

Solar energy is one of the most sustainable and environmentally-friendly forms of energy available today. It produces no greenhouse gas emissions or other toxic chemicals that can harm the environment or human health.

A solar panel installation business should consider investing in marketing strategies that will help them reach their target audience and sell their services effectively.

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

Case Study

Hello, my name is Alex K Williams, the founding partner at Solar Energy Partners (SEP). Our focus is to provide the best customer and consultant experience in the solar industry. We provide more premium options for customers and consultants alike.

Our overall growth has skyrocketed from more than 400% growth since inception.

our-solar-installation-business-just-hit-24m-year

13. Start a maintenance and repair blog

Blog maintenance entrepreneurship is a business idea in which you can make money by keeping someone else's blog updated, clean and tidy. Blog maintenance services are affordable and reasonable.

Starting a blog maintenance business can be lucrative. It's not for everyone, as it does require some technical knowledge, but for those who are passionate about blogging, blogging software, internet marketing, and online business, and have a willingness to learn new skills and broaden their horizons, this could be the ideal opportunity.

14. Start a mobile mechanic service

Mobile mechanic services are a great business to start in any area that needs quick repairs and service. You can do this part-time or full-time. You can work for a shop or run your own business. This setup makes it possible for you to work independently setting your own hours and choosing what areas you want to go to.

Automotive Repair & Maintenance Service Market is estimated to reach $810B by 2026. Starting your own mobile mechanic service may seem crazy but it might just be the thing you are looking for. If you dream about running your own business and having the opportunity to do something you love then a mobile mechanic business is the right thing to do.

15. Start a home equipment business ($65K/month)

There are some cool things about the home equipment industry that make it an appealing business. Starting a home equipment business isn't easy. To do it properly, you need the right tools and equipment. Starting a home equipment business will definitely improve your financial outlook but you need lots of capital to start one.

Having a successful home equipment business is largely dependent upon the training and experience of the owner. Starting a home equipment business can be ideal for people who want to start a business but don't want the hassle of managing a physical location.

How Much Can You Make?
$10,000 — $65,000/month
Time To Revenue
300 days
Skills
Business model
Work from home

Case Study

Hi, My Name is Zach Brown and I am a full-time firefighter paramedic. But the real reason I'm being interviewed is because I am the founder and CEO of Moki Doorstep. I’m sure you're asking yourself what in the world is that? It’s a common question for us. Well, to put it simply its a vehicle rooftop assistance step. Our product, the Moki Doorstep helps its users easily access the roof of their vehicle.

Today we no longer manufacture the product. After taking a look at the bigger picture we realized that licensing was the way to go. Today we are partnered with the outdoor and rooftop accessory brand Rightline Gear out of North Carolina to bring you the Moki Doorstep.

how-this-65k-month-step-to-improve-car-roof-access-was-one-of-the-largest-shark-tank-on-air-deals

16. Start a skills training business ($131K/month)

It is a great idea to start a skill training business with your own website oriented towards helping people learn new skills. Starting your own skills training business is within reach. It doesn't require a lot of money, but it can bring a significant impact on your life and others.

The global skills training market expects to reach $47.2B by 2027. If you're looking for financial freedom, then starting your own skills training business is the way to go. Training clients and building an impressive portfolio will allow you to charge higher rates and start living the life of your dreams.

How Much Can You Make?
$1,500 — $1,600,000/month
Average Initial Investment
$3,321
Time To Revenue
210 days
Skills
Business model
Work from home

Case Study

I am Sumit Bansal from India and I have a website (TrumpExcel.com) where I teach people how to use Microsoft Excel Spreadsheets efficiently. On this site, I create written tutorials and videos and also sell online courses.

I started this site in 2013 and it gets more than 1 million pageviews every month. As of last month, my average monthly revenue was ~$10,000.

how-i-started-a-profitable-business-helping-millions-of-people-learn-excel

17. Start a tutoring business ($110K/month)

Starting a tutoring side hustle is a great way for teachers and students to earn extra income every month. If you consider becoming a tutor, find an ideal tutoring niche, and craft a tutoring website. Find your tutoring clients and market your side hustle online. You can choose to offer online tutoring as a part-time engagement or a full-time engagement.

How Much Can You Make?
$1,500 — $375,000/month
Average Initial Investment
$100
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

Hey everyone! My name is Adam Shlomi and I am a 22-year-old senior at Georgetown University from South Florida. I am the founder of SoFlo SAT Tutoring, an online SAT/ACT tutoring company that provides exceptional test prep to students across the country. I started this business in my bedroom almost a year ago while I was recovering from ankle surgery. I couldn’t walk for 6 months and SoFlo gave me the motivation to get up in the morning.

SoFlo currently brings in average revenue of $15,000 a month and has seen a linear increase in student sign-ups each month since its official inception in March 2019. Since our customer lifetime is short –our students study for and take the SAT, get the score they want, and then no longer require our services– we invest in and rely heavily on the quality of the service we provide to attract future customers. Happy customers and significant score increases have helped spread the word and grow the brand.

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

18. Start a shipping company ($20K/month)

A shipping company can be a great business to start. You can get the support and training that you need to run a successful small business. You may already have some of the resources at hand. This could include what you need to transport goods and a vehicle or two that you can use to get these materials from point X to point Y.

Shipping is a crowded industry. Starting your own shipping company isn't as hard as it used to be. With the explosion in eCommerce, there's an increasing demand for small package shipping. Becoming a shipping company entrepreneur has its rewards. Shipping is an area where there's a lot of potentials to earn bounties, it serves as a good source of income.

How Much Can You Make?
$20,000 — $2,400,000/month
Average Initial Investment
$55,000
Skills

Case Study

Hi! I’m Dvir and I run Nationwide Auto Transportation. NAT is an auto shipping broker, which means that we connect consumers in need of car shipping services with truckers who transport vehicles across the United States.

Since the inception of our company 12 years ago, we have served more than 50,000 customers - many multiple times. We ship approximately 4,000 vehicles per month.

how-i-started-a-20k-month-auto-shipping-broker-business

19. Start a motorcycle parts business ($600K/month)

Starting your own motorcycle parts business is a great way to earn money, meet interesting people, and see the world. If you have a genuine interest in motorcycles and a deep desire to run your own business, then starting a motorcycle parts business is an excellent career option.

A motorcycle parts business can be a lucrative business. This is because there are many parts and accessories that you can sell to your customers. You can start a motorcycle parts business with just a small investment, but it is important that you understand how much money you are willing to invest upfront before starting up your own business.

How Much Can You Make?
$600,000/month
Skills
Business model

Case Study

Hello, my name is Justin Pflanz and my brother Casey and I own and operate TAB Performance. TAB Performance is a manufacturer and retailer of high performance motorcycle exhaust and accessories. Our passion is helping our customers customize their bikes to fit their own personal styles, and truly enjoy the freedom of the ride.

Since the introduction of the Zombie baffle, we’ve been roughly doubling our annual sales, year over year.

how-two-brothers-started-a-4-8m-year-motorcycle-parts-manufacturer

20. Start a scrap metal business

How Much Can You Make?
Average Initial Investment
$5,500
Skills

Examples of a successful scrap metal business:

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

For further info, check out these books and products:

Learn more about starting a scrap metal business ➜

Case Study

My name is Marc Staples. I am the founder of DowhHomeModern and the Lago Luna Lakeside Studio in Virginia. With the recent introduction of my original designs of windbells and chimes, DownHomeModern is gaining attention as an educator as well as a producer of quality products. Each Frontier Bell that we sell embraces the history of the place it is named for.

In 2021 I created a collection of small bells based on American Southwest decor. I call the line our Frontier Mission Bells™. The rustic style of these products has grabbed the attention of people who like their homespun appearance. The Frontier Bells has been the primary driver of sales for DownHomeModern. The example below is called “San Gabriel”. It is named after a Spanish Mission in San Gabriel, California.

how-i-validated-my-business-on-etsy-and-launched-my-own-handcrafted-artistry-shop

21. Become an author ($240K/year)

How Much Can You Make?
$200 — $1,500,000/month
Average Initial Investment
$6,050
Skills

Nick Thacker from Colorado, USA started Conundrum Publishing over 5 years ago, a author.

  • Revenue: $20,000/ month
  • Founders: 1
  • Employees: 2
  • Location: Colorado, USA

Case Study

I’ve always been a fanatic reader, specifically in the thriller genre. I discovered Dan Brown as a kid, then James Rollins, and I’ve always love action movies that combine adrenaline and history (think National Treasure, Indiana Jones, etc.).

I decided to write a book (my first was called The Golden Crystal, and it has been re-launched as The Atlantis Stone) when my grandfather passed away. He had always been a strong positive influence in my life, and he, my dad, and I often swapped paperbacks we liked. That first book was intended as a gift for my dad for Christmas, and it was going to be the only one I ever wrote -- just to see if I could do it.

I had no idea what I was doing (arguably, I still don’t…). I just thought it would be fun to combine technology with the discovery of Atlantis… in some way. When I got started, I was naive enough to think that books simply happen, but the book very quickly got the best of me. I took a six-month break and consumed as much as I could on the subject of the craft of writing fiction. I’d never really written anything before, so it was an eye-opening experience to learn about structure, plot tropes, character development, and everything else that goes into a good, cohesive story.

how-i-generate-10k-month-as-an-indie-writer

22. Start a welding business

Examples of a successful welding business:

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

For further info, check out these books and products:

Learn more about starting a welding business ➜

23. Start a recruiting agency ($3.48M/year)

How Much Can You Make?
$100 — $320,000/month
Average Initial Investment
$60,000
Time To Revenue
300 days
Skills
Business model

Sharon Koifman from Montreal, Quebec, Canada started DistantJob over 14 years ago, a recruiting agency.

  • Revenue: $290,000/ month
  • Founders: 1
  • Employees: 26
  • Location: Montreal, Quebec, Canada

Case Study

I started off by running and owning a hosting company called Empire Host. We had about 3K clients at the time support was run from two offices in India with nearly 30 employees.

We were also providing an outsourcing package. Our business solutions were really cheap and to be frank, our results were mediocre at best. Although the service was fine for any mom and pop shop or even an “any results will do” kind of company, we noticed that too often, people who run tech companies actually outsourced to companies such as ourselves even work that went into their core offering - because it was cheap.

At the time, what outsourcing really was, was an arbitrage business. But the concept that people would outsource big chunks of their business to a company that does not provide the same level of communication, process, quality control, and culture just because they’ll save a lot of money, that idea really stuck with me.

how-i-started-a-3m-year-remote-worker-recruitment-agency

24. Become a window manufacturer

Examples of a successful window manufacturer:

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

For further info, check out these books and products:

Learn more about starting a window manufacturer ➜

25. Start a solar energy business ($7.2M/year)

How Much Can You Make?
$600,000 — $2,000,000/month
Average Initial Investment
$50,750
Time To Revenue
360 days
Skills
Business model

David Gomez from California, USA started Clean Energy Solutions over 8 years ago, a solar energy business.

  • Revenue: $600,000/ month
  • Founders: 1
  • Employees: 20
  • Location: California, USA

Case Study

As far back as I can remember I’ve always wanted to have my own business. I didn’t go to college (besides a few junior college classes). Instead, I started working in sales, first selling car insurance for a few years, and then making the jump into mortgage loans. After a few years of gaining experience, I opened up my own mortgage company and rode the wave of the mid-2000’s real estate boom. It was an incredibly lucrative time and it seemed like it would go on forever. However, by the end of the decade, the good times were over and the recession hit. Although I hung in there and we did extremely well for several years in a down economy, I still ended up having to shut down my company. During this time I experienced some of the most challenging times of my life and career.

After rolling with the punches, I started looking for the next business opportunity to get involved with. A friend of mine had been telling me for several years about solar power and how renewable energy was the future. After doing some research, I realized what a great opportunity it was.

  • There’s an unlimited amount of solar energy.
  • Solar is clean energy compared to fossil fuels that damage the environment.
  • Solar energy is a cheaper source of energy than fossil fuels, in the majority of markets.
  • Power purchase agreement (PPA) allows a homeowner to get a solar system without having to actually purchase the system. There is not a purchase loan or lien required on a client’s home.

how-i-started-a-600k-month-company-selling-low-cost-solar-energy

26. Start a metal sign business

Examples of a successful metal sign business:

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

For further info, check out these books and products:

Learn more about starting a metal sign business ➜

article

27. Start a product assembly service

Examples of a successful product assembly service:

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

For further info, check out these books and products:

Learn more about starting a product assembly service ➜

article

28. Start a drain repair service

Examples of a successful drain repair service:

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

For further info, check out these books and products:

Learn more about starting a drain repair service ➜

29. Start a machine building and design agency

How Much Can You Make?
$100,000/month
Skills

Examples of a successful machine building and design agency:

Here are some great videos on how to get started with a machine building and design agency:

For further info, check out these books and products:

Learn more about starting a machine building and design agency ➜

Case Study

Garik co-founded Flexy Global, a UI/UX design agency. The team is already 15 strong and they aim to get $2M ARR within their second year of operations.

30. Start a supply chain management business

Examples of a successful supply chain management business:

Here are some great videos on how to get started with a supply chain management business:

For further info, check out these books and products:

Learn more about starting a supply chain management business ➜

article

31. Become a camera manufacturer

Examples of a successful camera manufacturer:

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

For further info, check out these books and products:

Learn more about starting a camera manufacturer ➜

32. Become a bicycle manufacturer ($12M/year)

How Much Can You Make?
$1,000,000/month
Average Initial Investment
$635,333
Skills

Examples of a successful bicycle manufacturer:

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

For further info, check out these books and products:

Learn more about starting a bicycle manufacturer ➜

Case Study

Ben Sarrazin, Founder, and CEO of the Yuba Group, designer, creator, distributor of load-carrying bicycles (bikes to carry things, passengers, sports equipment, tools, pets).

Over the past 15 years, Yuba has put over 50,000 cargo bicycles on the road. That is a lot of happy families.

how-i-turned-my-love-for-bikes-into-a-12m-year-electric-cargo-bike-business

33. Start an auto electrical repair business

Examples of a successful auto electrical repair business:

Here are some great videos on how to get started with a auto electrical repair business:

For further info, check out these books and products:

Learn more about starting an auto electrical repair business ➜

34. Start a drain repair service

Examples of a successful drain repair service:

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

For further info, check out these books and products:

Learn more about starting a drain repair service ➜

35. Start a generator repair service

Examples of a successful generator repair service:

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

For further info, check out these books and products:

Learn more about starting a generator repair service ➜

36. Become a packing supply distributor

Examples of a successful packing supply distributor:

Here are some great videos on how to get started with a packing supply distributor:

For further info, check out these books and products:

Learn more about starting a packing supply distributor ➜

article

37. Start a security installment business

Examples of a successful security installment business:

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

For further info, check out these books and products:

Learn more about starting a security installment business ➜

38. Start a fitness equipment manufacturer

How Much Can You Make?
$240,000 — $771,000/month
Skills

Examples of a successful fitness equipment manufacturer:

Here are some great videos on how to get started with a fitness equipment manufacturer:

For further info, check out these books and products:

Learn more about starting a fitness equipment manufacturer ➜

Case Study

I am Matt Dawson and am the President of Ironmaster. We manufacture and sell our brand of home gym fitness equipment domestically and in more than 20 International markets. Ironmaster specializes in strength training gear, primarily of our proprietary designs. Our primary market is individuals who want to have their gym at home.

Ironmaster is a multi-million dollar company with a rock-solid reputation as an innovator, top-level service, and one of the longest established fitness equipment manufacturers in the world.

how-i-turned-my-father-s-side-venture-into-a-9-25m-year-home-gym-equipment-brand

39. Become an eBay seller

How Much Can You Make?
Skills

Examples of a successful eBay seller:

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

For further info, check out these books and products:

Learn more about starting an eBay seller ➜

Case Study

My name is Chris Casseday, and I am the founder of 513 Kicks, an online sneaker shop that offers collectible athletic shoes at unrivaled prices. I founded 513 Kicks in 2017, but I have been selling sneakers online for over 21 years. The type of sneakers that are featured in the shop are ones that are in high demand, vintage, or bring feelings of nostalgia to my customers. In other words, these are not sneakers that you’ll find at your local brick and mortar retail store today.

Prior to launching 513 Kicks, selling sneakers online would bring in some money for me on a sporadic basis - $100 one month, $500 the next. Now, after almost two years, the average profit per month is around $2,000. The biggest shift came through branding my selling efforts as “513 Kicks” as opposed to just another guy that loves sneakers, and sells them occasionally. This added a layer of credibility that has resulted in me making new connections, easily obtaining new inventory with large profit potential, and much more.

how-i-started-a-side-hustle-reselling-sneakers-for-profit

40. Start a private jet repair business

Examples of a successful private jet repair business:

Here are some great videos on how to get started with a private jet repair business:

For further info, check out these books and products:

Learn more about starting a private jet repair business ➜

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41. Sell security vehicles

Examples of a successful sell security vehicles:

Here are some great videos on how to get started with a sell security vehicles:

For further info, check out these books and products:

Learn more about starting a sell security vehicles ➜

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42. Start an auto paint shop

Examples of a successful auto paint shop:

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

For further info, check out these books and products:

Learn more about starting an auto paint shop ➜

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43. Start an ac repair business

How Much Can You Make?
$200,000 — $1,878,618/month
Average Initial Investment
$10,342
Skills

Examples of a successful ac repair business:

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

For further info, check out these books and products:

Learn more about starting an ac repair business ➜

Case Study

Hi, I’m Bill Spohn, President, CEO, and majority owner of TruTech Tools, LTD. Eric Preston is my trusted business partner. Our business continues to grow as we complement each other's personalities so well. TruTech is one of the largest online stores in the niche market of tools and test instruments for Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC/R) Technicians. We are also the major supplier to a smaller market of technicians that do energy audits and assess building performance, including indoor air quality. We serve customers in the US and Canada.

I founded the company with Jim Bergmann, Jr, and his dad, Jim Sr. (who passed in 2016). The business was intended as a retirement “hobby” for Jim Sr. as both his son and I had full-time jobs. After I bought them out (with Eric noted above) in 2014, we have continued to have a great relationship with Jim Jr. and have continued to build each others’ businesses. The interesting thing is, I have always worked remotely (100 miles away) from the majority of the staff at the offices/warehouse.

how-we-started-a-1m-month-business-selling-hvac-and-energy-auditing-tools

44. Start an aviation maintenance and repair business

Examples of a successful aviation maintenance and repair business:

Here are some great videos on how to get started with a aviation maintenance and repair business:

For further info, check out these books and products:

Learn more about starting an aviation maintenance and repair business ➜

45. Become a lecturer

Examples of a successful lecturer:

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

For further info, check out these books and products:

Learn more about starting a lecturer ➜

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Is mechanical engineering good for entrepreneurs?

When most people think of entrepreneurs, they picture someone coming up with a new product or service and then finding a way to bring it to market. However, there is more to being an entrepreneur than just having a great idea.

In order to be successful, entrepreneurs need to be able to understand and manage the complex systems that go into bringing their products or services to life. This is where a degree in mechanical engineering can come in handy.

Mechanical engineers are trained to design and oversee the production of a wide variety of machines and products. As a result, they have the skills and knowledge necessary to manage the many moving parts that are involved in launching a new business.

In addition, mechanical engineers are often well-versed in the principles of business management, giving them another tool in their entrepreneurial toolkit. Consequently, while a degree in mechanical engineering is not required to be an entrepreneur, it can certainly give entrepreneurs a leg up on the competition.

What kind of business can a mechanical engineer start?

A mechanical engineer is someone who designs, builds, and tests mechanical devices, such as engines and tools. Many mechanical engineers work in the automotive industry, designing and testing new car models.

However, with their skillset, there are a number of different businesses that a mechanical engineer could start.

For example, they could start a company that designs and manufactures custom car parts. Or they could start a company that specializes in developing energy-efficient appliances. Another possibility is starting a business that creates prototypes for new inventions.

No matter what kind of business a mechanical engineer starts, they are sure to be successful.

How to start a mechanical engineering business?

Starting a mechanical engineering business can be a daunting task. There are a lot of moving parts, from finding the rightSpace to equipment andemployees. However, with careful planning and execution, it is possible to start a successful business.

The first step is to develop a business plan. This should include a description of the products or services offered, as well as market analysis and financial projections. Next, it is important to secure the proper licenses and permits.

In some cases, it may also be necessary to obtain insurance. Once all of the paperwork is in order, it is time to find a suitable location for the business. The next step is to purchase the necessary equipment and hire employees.

Finally, it is important to market the business and generate sales. With careful planning and execution, it is possible to start a successful mechanical engineering business.

Pat Walls,  Founder of Starter Story
Want to start your own business?

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meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.