The 50 Best Business Ideas In Namibia [2024]

Updated: June 21st, 2022

Interested in starting a business in Namibia in 2024?

We put together 50 of the best businesses you can start in Namibia today.

In this list of ideas, you can find:

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

Here's the full list:

1. Start an online beauty products

How much you can make: $1,500 — $550,000/month

How long does it take to build: 150 days (?)

Time commitment per week: Min. 3 hours/week

How I Went From Hairstylist To Running My Own $3.3M Salon Business

This case study follows the founder of Urban Betty, who started her salon business with only one contractor, and now has two locations with over 50 employees, growing from 1.5 million to 3.4 million in revenue from 2014-2018, and investing around 2% of its gross income every year in Yelp, Google, and Facebook Ads.

About
Chelle started Urban Betty over 19 years ago
Revenue
Chelle grew the business to $550K/month
Costs
It cost Chelle $69939 to start the business
Read by 20,638 founders

2. Start a cosmetic store

The cosmetic industry is growing rapidly. Starting a cosmetic shop can be highly profitable, but only if you stock trendy, skin-friendly products.

If you are passionate about the beauty industry, consider starting a cosmetics brick-and-mortar shop.

Cosmetic shops sell products ranging from anti-aging, aromatherapy, lotions, beauty spa, cosmetic store, and even make-up.

To start a cosmetic store, research the market and source products from well-known brands in the beauty industry.

How much you can make: $8,500/month

How much does it cost to start: $800 (?)

How long does it take to build: 60 days (?)

How I Started A $8.5K/Month Cosmetics Brand

A former felon's passion for makeup and skincare led her to launch FBI Cosmetics, which has grossed over $62,000 in sales since July 2020, through social media marketing, brand partnerships, and online sales at Walmart.com.

About
Alexis started FBI Cosmetics Inc. over 3 years ago
Revenue
Alexis grew the business to $8.5K/month
Costs
It cost Alexis $1500 to start the business
Read by 8,336 founders

3. Start a Backyard Plant Nursery

Do you have a gardening hobby and want to turn your passion into a profitable business with a minimum entry barrier?

Starting a backyard plant nursery is relatively easy, and the financial benefits can be rewarding. The secret to maximizing your profitability is specializing in plants that are in high demand, like vegetables and flowers.

To start, you can visit the nearby retail nurseries for seedlings and see what they stock and retail. To keep the startup cost low, consider using locally available materials.

How much you can make: $5,000/month

How We Expanded Our Local Plant Nursery To An Online Business

Camelliashop.com, a small US-based plant business specializing in Camellias and Tea Plants, increased its business 200% within one month of launching its ecommerce website in 2007.

About
Debbie started CamelliaShop about 17 years ago
Revenue
Debbie grew the business to $5K/month
Read by 13,965 founders

4. Launch an online tuition platform

Online tuition platforms provide a channel for teaching students one-on-one. The tutoring platforms enable students to learn and study online at their chosen schedule, choose a tutor and pay for the courses they can afford.

Examples of online learning platforms include Coursera, codecademy, Udemy and Pluralsight.

To start an online tutoring platform, choose a niche and create a website. You can offer the lessons yourself or keep the online learning platform open for other tutors to signup and list their lessons.

How much you can make: $830,000/month

How long does it take to build: 180 days (?)

How I Raised $15M To Build A $800K/Month Math Online Tuition Platform

Third Space Learning has become the largest online tutoring company in the UK schools market with around 75% of English primary schools and over 100,000 teachers signed up, generating around £8m in revenue this year and delivering nearly 800,000 hours of teaching to just under 70,000 pupils since 2015, with plans to expand globally in the future.

About
Tom started Third Space Learning almost 11 years ago
Revenue
Tom grew the business to $830K/month
Costs
It cost Tom $100000 to start the business
Read by 8,834 founders

5. Start a travel agency

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 travelers within the market rate.

How much you can make: $2,000 — $1,500,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 90 days (?)

How I Started A $2K/Month Side Hustle Selling Vacations

Marissa Daniels runs a successful travel agency, Spread Your Wings Travel, that hit $100,000 in sales within a year of launch and provides payment plan options for its all-inclusive vacations, and she hopes to help 100 families supplement their income through the business.

About
Marissa started Spread Your Wings Travel Agency over 5 years ago
Revenue
Marissa grew the business to $7K/month
Costs
It cost Marissa $200 to start the business
Read by 17,453 founders

6. Start an affiliate marketing business

Are you looking for a side hustle to pay you a passive income? Affiliate marketing is one of those side hustles that will pay you well over the long term. It is a way to earn money online by promoting other companies' products and services. You will be paid a commission for each sale you make as an affiliate marketer.

To get started, learn how to find the right product and brand to partner with. For example, you may prefer becoming an affiliate marketer for an eCommerce store, partnering with a manufacturer, and marketing their products for a commission.

How much you can make: $500 — $773,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 60 days (?)

My Journey From Being A Food Technologist To Starting My Own Forex Trading Business

How Lin Simon created a profitable business teaching free foreign exchange lessons and guidance to potential Forex traders, with an average monthly income of $1,200 from indirect or direct work with around 950 forex traders, including a free affiliate marketing course for forex traders and markers.

About
Lin started LS Trading and Marketing over 4 years ago
Revenue
Lin grew the business to $1.2K/month
Read by 2,522 founders

7. Start a language translation service

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

How much you can make: $40,000 — $550,000/month

How long does it take to build: 70 days (?)

Buying A Translation Company And Growing It To $4M/Year

DEMAN Translations grew from 6 employees and 1.5 million euros in turnover in 2015 to 17 team members and 3.5 million euros in sales in 2020 after acquiring 12 other translation agencies, with a goal to reach 6 million euros this year and 10 million euros in 2022.

About
Cédric started DEMAN Übersetzungen about 9 years ago
Revenue
Cédric grew the business to $550K/month
Costs
It cost Cédric $1250000 to start the business
Read by 7,986 founders

8. Become a proofreader

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 Namibia, 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 you can make: $2,000/month

How I Added $2,000 To My Monthly Income Proofreading Blog Posts

A proofreader was able to build a consistent income of ~$2,000 per month from scratch with zero experience in the field, no expenses, and barely any upfront costs by targeting bloggers and content creators who want their content to be copy edited and proofread.

About
Lenny started The Blog Proofreader about 8 years ago
Revenue
Lenny grew the business to $2K/month
Read by 14,458 founders

9. Start a blog

In recent years, blogging has become a highly sought-after & lucrative Business. This 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, 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 you can make: $200 — $150,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 44 days (?)

Time commitment per week: Min. 5 hours/week

How This 28-Year-Old Couple Quit Their Jobs And Make $20K/Month Running A Blog

Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.

About
Kelan started The Savvy Couple almost 8 years ago
Revenue
Kelan grew the business to $20K/month
Costs
It cost Kelan $500 to start the business
Read by 27,749 founders

10. Start a content writing company

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 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 Namibia, 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 operations.

How much you can make: $1,000 — $250,000/month

How much does it cost to start: $550 (?)

How long does it take to build: 30 days (?)

How Dani Mancini Transformed Her Freelance Gigs Into A SaaS Business

Scribly.io, a subscription-based copywriting service providing high quality content that helps businesses scale at roughly 50% of the cost of hiring in-house, created by Dani, a first-time entrepreneur who started with just a few hundred dollars worth of projects and with the help of three other writers; as of last month, Scribly.io topped $14K monthly revenue.

About
Dani started Scribly almost 6 years ago
Revenue
Dani grew the business to $37K/month
Read by 12,791 founders

11. Start a beverage company

Are you thinking of starting a beverage or drink business?

Starting a beverage company can be a great way to combine your love of food and drink with a passion for entrepreneurship.

Beverage companies can make all sorts of different drinks, from juice to soda to beer. They can also sell other types of food products, like bottled water or snacks.

There are more and more drink options available today than ever before—and that means that beverage companies are constantly trying new things in order to stay competitive in this space! The more innovative they can be with their offerings, the better they'll be able to compete with one another

How much you can make: $500 — $12,000,000/month

How long does it take to build: 250 days (?)

I Grew A Drinkware Brand To $1.1M/Month At 23 Years Old

BruMate is a successful insulated drinkware brand focused on the adult beverage community, with a flagship product that generated $2.1M in sales in 2017 and is now doing over $1.1M per month in sales, with plans to do $20M this year.

About
Dylan started BrüMate over 8 years ago
Revenue
Dylan grew the business to $12M/month
Skills
Design Skills
Costs
It cost Dylan $5000 to start the business
Read by 105,571 founders

12. Start a voice over service

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 Namibia, 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 you can make: $400 — $60,000/month

How long does it take to build: 90 days (?)

How I Started A $40K/Month Multilingual Voice Over Agency And Marketplace

Voice Crafters, a multilingual voice-over agency and marketplace founded by Mony Raanan, doubled their revenue to over $765,000 in 2022 with a bottom line of around 30% after transitioning to an online marketplace and carefully vetting their network of over 1,000 professional voice actors in more than 80 languages.

About
Mony started Voice Crafters over 15 years ago
Revenue
Mony grew the business to $60K/month
Costs
It cost Mony $50000 to start the business
Read by 6,294 founders

13. Start a food truck

Food trucks are a highly profitable business that offers customers a variety of meal options out of a mobile truck. This basically operates inside a large vehicle equipped with kitchen and food products. Starting a food truck is a dream for many people, but it's more challenging than it looks. To make it work, you need the ideal location and menu.

To start a food truck business in a particular city, it is mandatory to check what kind of food trucks are already operating, identify a gap, and bring in some new experiences. Then, with the right plan and the right approach, you can be on your way to starting your own food truck empire.

How much you can make: $30,000 — $1,500,000/month

How long does it take to build: 75 days (?)

Time commitment per week: Min. 5 hours/week

How I Took Food Trucks Corporate And Built A $18M Business

Food Fleet grew over 160% in just one year and managed over 20 million in sales for its clients, securing multiple contracts with the likes of Sodexo, Levy Restaurants and more, due to its understanding of catering client needs and its advanced turnkey and design services.

About
Jeffrey started Food Fleet over 12 years ago
Revenue
Jeffrey grew the business to $1.5M/month
Read by 15,083 founders

14. Start a SEO agency

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 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 an excellent chance for success.

It’s easier than ever to start your SEO agency in Namibia. 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 you can make: $1,000 — $1,800,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

How I Started An SEO Agency For Lawyers Generating $3.6M/Year

Rankings.io is a hyper-focused SEO agency that helps elite personal injury law firms dominate first page rankings and was ranked #858 in the Inc. 5000 list of the fastest-growing companies in America for 2018, with a current revenue just under $300,000 per month, with plans for a record-breaking year.

About
Chris started Rankings.io over 11 years ago
Revenue
Chris grew the business to $700K/month
Read by 37,373 founders

15. Become a software developer

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 you can make: $1,700 — $350,000/month

How long does it take to build: 180 days (?)

How We Started A $350K/Month Business Developing Software Tools For Ecommerce Brands

SkyVerge, a software company, has grown rapidly with revenue of $350,000 per month, over 100,000 eCommerce customers, and a globally distributed team of 30 people, all through starting with consulting projects and building focused and solutions-based products, acquiring small products from other developers, and focusing largely on content marketing and providing excellent customer support.

About
Max started SkyVerge, Inc. over 11 years ago
Revenue
Max grew the business to $350K/month
Read by 36,205 founders

16. Start a travel agency

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 travelers within the market rate.

How much you can make: $2,000 — $1,500,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 90 days (?)

How I Started A $2K/Month Side Hustle Selling Vacations

Marissa Daniels runs a successful travel agency, Spread Your Wings Travel, that hit $100,000 in sales within a year of launch and provides payment plan options for its all-inclusive vacations, and she hopes to help 100 families supplement their income through the business.

About
Marissa started Spread Your Wings Travel Agency over 5 years ago
Revenue
Marissa grew the business to $7K/month
Costs
It cost Marissa $200 to start the business
Read by 17,453 founders

17. Start an online advertising agency

An online advertising agency helps businesses promote their products or services on the internet.

To start this business on a budget, first learn the basics of digital marketing through free online resources.

Create a professional website and set up profiles on social media platforms to showcase your skills.

Build a portfolio by working on mock campaigns or offering discounted services to friends and family, and gradually market your services to attract clients.

With dedication, you can grow your agency over time.

How much you can make: $10,000 — $1,250,000/month

How much does it cost to start: $2,250 (?)

How long does it take to build: 45 days (?)

How I Started A $120K/Month Online Course For Social Media Marketing Agencies

Iman Gadzhi made over $1.2M in profit within two years with his social media marketing agency and education company, where he teaches entrepreneurs how to start and scale a profitable SMMA, with over 45 of his students making over six figures with their SMMA, and over 300 students having quit their regular jobs.

About
Iman started Grow Your Agency about 7 years ago
Revenue
Iman grew the business to $120K/month
Read by 14,897 founders

18. Start a podcast

The podcast business involves creating and producing audio content that people can listen to online.

It’s a popular form of entertainment and information-sharing.

To start a podcast business on a budget, you'll need a few key steps.

First, choose a niche or topic that you're passionate about and that has an audience.

Next, get basic recording equipment like a microphone and headphones.

Then, find a free or affordable hosting platform to publish your episodes.

Finally, promote your podcast through social media, online communities, and word of mouth to build an audience and potentially attract sponsors or advertisers.

How much you can make: $400 — $1,020,000/month

How much does it cost to start: $3,055 (?)

How long does it take to build: 60 days (?)

Time commitment per week: Min. 2 hours/week

How I Started A Successful Podcast Production Company

A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.

About
Jeremy started Counterweight Creative about 8 years ago
Revenue
Jeremy grew the business to $16K/month
Read by 18,078 founders

19. Start a boutique

You may consider opening a boutique if you are passionate about the fashion and textile industry.

A boutique is a shop that sells clothes. Opening a boutique is a dream for entrepreneurs who want to experience the joy and freedom of owning a cash business. Starting a boutique is easy and can be managed by a single individual. In addition, a boutique requires a comparatively smaller capital to start.

To succeed, the boutique owner must coming creativity and passion.

How much you can make: $10,000 — $25,000/month

How much does it cost to start: $100 (?)

How I Grew My Clothing Boutique to $10K/Month in 6 Months

Boutique Rye is an online-only women's clothing and accessories boutique that has grown to 3,200 Facebook Group members and a successful website through organic customer sharing, live sales, and open communication with customers.

About
Gia started Boutique Rye almost 7 years ago
Revenue
Gia grew the business to $10K/month
Read by 35,862 founders

20. Start a mobile photography business

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 Namibia, 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 you can make: $2,000 — $500,000/month

How much does it cost to start: $5,000 (?)

How long does it take to build: 200 days (?)

Embracing the Experience Economy with a $300K/mo Photo Booth Startup

Photobooth Supply Co. offers a profitable business opportunity through their sleek and portable photo booths, with up to 97% satisfaction rate and a focus on customer experience, in a fast-growing event industry where photo booths are exploding.

About
Brandon started Photobooth Supply Co. over 11 years ago
Revenue
Brandon grew the business to $500K/month
Read by 15,622 founders

21. Start a mobile app development business

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.

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.

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

How much you can make: $7,500 — $700,000/month

How much does it cost to start: $7,500 (?)

How long does it take to build: 120 days (?)

How We Started A $82K/Month Custom iOS And Android Apps Development Agency

"We started a custom iOS and Android app development consultancy that now makes nearly seven-figures a year by landing clients like Great Clips and the USA CUP after building successful concept apps."

About
Rob started The Jed Mahonis Group about 12 years ago
Revenue
Rob grew the business to $80K/month
Costs
It cost Rob $500 to start the business
Read by 10,435 founders

22. Become a mobile personal trainer

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 Namibia.

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

How much you can make: $600 — $60,000/month

How long does it take to build: 532 days (?)

Time commitment per week: Min. 4 hours/week

How I Started A $60K/Month Personal Training Company

Live Fit, a personal training company founded in 2011, grew from earning $80,000 in their first year with two trainers to earning over $760,000 in 2019 with 12 trainers and two locations, thanks to a focus on building trusting relationships and providing a variety of services to clients.

About
Chris started Live Fit over 13 years ago
Revenue
Chris grew the business to $60K/month
Costs
It cost Chris $50000 to start the business
Read by 8,185 founders

23. Start a job board

Starting a job board can be a lucrative way to make money online with little to 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 today's job market, it can be tempting to give up on job hunting, but here's another option: start your own job board.

How much you can make: $1,500 — $1,500,000/month

How much does it cost to start: $250 (?)

How long does it take to build: 70 days (?)

How I Validated My Idea On Reddit And Built A $180K/Year Job Search Automation Platform

Loopcv is a job search automation platform experiencing 15% monthly growth, offering solutions for bootcamps, universities, career coaches, developers, recruitment companies, job boards, affiliates, and companies looking to perform internal restructuring.

About
George started Loopcv over 3 years ago
Revenue
George grew the business to $15K/month
Costs
It cost George $200 to start the business
Read by 11,263 founders

24. Start a swimming pool rental business

Starting a swimming pool rental business can be an exciting and rewarding experience. Pool owners are looking to rent their pools out during the off-season to recoup some of their costs.

Landlords or condo owners may want to earn an additional revenue stream from the swimming pool property they own. The swimming Pool Market size was valued at $3B in 2019 and is projected to reach $3.6B by 2027. The presence of developed infrastructure and the thriving wellness tourism industry will facilitate the swimming pool market growth.

25. Start a web design & online marketing business

If you know about website design and marketing concepts then starting your own web design and online marketing business could be the perfect opportunity for you to do so.

The online marketing industry is the second largest industry in the United States and continues to grow. The online marketing industry is massive. It is estimated to grow by 30% annually, reaching $400B in the next four years.

How much you can make: $8,000 — $800,000/month

How I Started A $10K/Month Business Selling DIY Web Design And Marketing Courses

How Shannon Mattern built a DIY web design training business from scratch that now generates $10k/month in revenue through affiliate commissions and courses, without outside investment or debt.

About
Shannon started Web Designer Academy over 9 years ago
Revenue
Shannon grew the business to $42K/month
Costs
It cost Shannon $500 to start the business
Read by 20,402 founders

26. Start a dropshipping business

Dropshipping is a business model where you sell products to customers without holding inventory.

Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.

To start a dropshipping business on a budget, choose a niche or category of products you want to sell.

Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.

Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.

How much you can make: $6,000 — $3,000,000/month

How much does it cost to start: $6,000 (?)

How long does it take to build: 90 days (?)

Time commitment per week: Min. 10 hours/week

How I Started A $100K/Month Business Mentoring Dropshipping Entrepreneurs

Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.

About
Kamil started E-commerce Mentoring about 7 years ago
Revenue
Kamil grew the business to $100K/month
Costs
It cost Kamil $1000 to start the business
Read by 24,668 founders

27. Start a jewelry making business

The global jewelry market size was valued at $278B in 2018 and is expected to reach $292B by 2025.

The industry comprises manufacturers, wholesalers, retailers, and jewelry designers. Unlike many other industries that have gone through leaps in technology, the jewelry industry has remained untouched for over 40 years.

If you know how to make jewelry in Namibia, then this might be a great way to make some extra money.

How much you can make: $1,000 — $2,000,000/month

How much does it cost to start: $3,500 (?)

How long does it take to build: 120 days (?)

How A Teacher Started A Successful Handmade Jewelry Business Online

A primary school teacher found his passion for jewelry-making, turning it into a successful business generating $2500-3000 per month through sales at the Creative Queenstown Arts and Crafts Market, online, and through stockists, with plans to expand and eventually make it his full-time profession.

About
Alex started Gold Pan Pete Design over 11 years ago
Revenue
Alex grew the business to $2.5K/month
Read by 42,456 founders

28. Start an online video editing business

Video editors manage camera footage, dialogue, sound effects, graphics, and special effects to produce the final film or video product. To become an online video editor, you must have media production and communication knowledge and the ability to work with others.

To start a video editing business, you can outsource video editing skills from an experienced professional. Your role will be to pick video footage from the customers and upload them for the video editor to do the magic.

How much you can make: $2,000 — $100,000/month

How long does it take to build: 145 days (?)

How We Developed A $6K/Month Online Video Editing Software

VEED.IO, a London-based start-up co-founded by Sabba and her partner, offers a simple online video editing platform using batch job cloud architecture to help social media managers across the world auto subtitle, filter, rotate videos and much more, earning the company $5,300 MRR and the founders Ramen profitability within just a year of starting.

About
Sabba started VEED almost 6 years ago
Revenue
Sabba grew the business to $6K/month
Read by 12,108 founders

29. Create an online course

An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.

As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.

With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.

For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.

How much you can make: $350 — $1,000,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 88 days (?)

How This 28-Year-Old Couple Quit Their Jobs And Make $20K/Month Running A Blog

Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.

About
Kelan started The Savvy Couple almost 8 years ago
Revenue
Kelan grew the business to $20K/month
Costs
It cost Kelan $500 to start the business
Read by 27,824 founders

30. Start a digital marketing business

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 Namibia, educate yourself and understand how digital marketing agencies work. Then, focus on building your digital skills and advancing your career through online digital marketing courses.

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

How much you can make: $2,000 — $6,660,000/month

How much does it cost to start: $1,260 (?)

How long does it take to build: 58 days (?)

I Built A SEO Tool That's Completely Free For Users [From Lebanon]

H-supertools founder Hasan developed a set of free SEO and digital marketing tools generating $2k per month in profit using Google Adsense, affiliate marketing, selling ad spaces, and email, plans to launch a membership option, and has attained over 80k registered users and 300k monthly visits in less than two years.

About
Hasan started H-supertools over 4 years ago
Revenue
Hasan grew the business to $2K/month
Read by 13,199 founders

31. Become an Airbnb host

If you are interested in becoming an Airbnb host, the first step is to create a listing for your property or a portion of it on the Airbnb platform.

This will allow travelers from all over the world to rent your space and enjoy a personalized and unique accommodation experience.

By creating a welcoming atmosphere and providing excellent service to your guests, you can enhance your profile and attract even more visitors to your property.

With the potential to earn a steady stream of passive income, becoming an Airbnb host can be an excellent way to monetize your property.

How much you can make: $35,000 — $270,000/month

How long does it take to build: 215 days (?)

How I Bootstrapped An Airbnb Management Service To $35K/Month

HostButlers is Ireland's first professional property concierge service for short-term rentals on Airbnb, boasting over 200,000 hosted guests and profitability from month 5.

About
Gary started Host Butlers almost 9 years ago
Revenue
Gary grew the business to $35K/month
Read by 22,484 founders

32. Build an AI tool

Artificial intelligence is a hot topic in the tech industry right now. An AI tool is a computer program that is designed to simulate human intelligence. AI tools are used in a variety of industries, including healthcare, finance, manufacturing, and retail.

There are many different types of AI tools, but some common examples include chatbots, virtual assistants, and machine learning platforms.

To build an AI tool you will need strong technical skills and experience in computer science. You should also have a good understanding of the different types of AI tools and how they are used.

AI is quickly becoming one of the most important and sought-after technologies in today's world. The revenues coming from software using artificial intelligence are going to increase from 9.5 billion U.S dollars in 2018 to 118.6 billion U.S dollars by 2025.

The demand for AI tools is growing as businesses are looking for ways to automate their processes and improve their customer service. AI tools can help businesses save time and money by automating tasks that would otherwise be done manually.

How much you can make: $1,000 — $150,000/month

How long does it take to build: 54 days (?)

How I Started A $40K/Month AI-Powered Recruiting App

SkillSoniq, the world's first AI-powered recruiting app, connects companies with skilled freelancers on a trial basis, saving companies 60%+ in hiring costs and earning $350,000+ in gross revenues in its first year, with a current average of $40,000 a month, and plans to raise a second round of seed funding to achieve escape velocity and continue to form a world-class company.

About
Abby started SkillSoniq over 7 years ago
Revenue
Abby grew the business to $40K/month
Costs
It cost Abby $50000 to start the business
Read by 8,905 founders

33. Start a freelancer platform

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 you can make: $3,000 — $5,000,000/month

How long does it take to build: 80 days (?)

We Bootstrapped A Tech Talent Platform To $1.2M Sales In Our First Year

CloudDevs, a tech talent platform that sources and vets freelance tech talent and matches them with companies, has achieved $1 million in GMV in its first year, plans to achieve 100% growth year on year, and focuses on customer loyalty through its Net Promoter Score metric.

About
Rifzan started CloudDevs over 4 years ago
Revenue
Rifzan grew the business to $100K/month
Costs
It cost Rifzan $2500 to start the business
Read by 16,561 founders

34. Become a virtual assistant

Virtual assistants support businesses, teams, or individuals by performing administrative tasks remotely. As businesses these days tend to outsource their tasks, the demand for virtual assistants is growing rapidly.

Becoming a virtual assistant is flexible, as you can choose a work schedule and location at your convenience. Many virtual assistants in Namibia 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. Then, figure out 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 you can make: $1,000 — $1,000,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

On Starting A Business Training Virtual Assistants

Filipino Virtual Assistance by FVA Business Consultancy, founded by Julmar Grace Locsin, offers online and offline training to empower marketers, enable businesses, and equip freelancers which has trained 25,000 students from their 31 courses, has 16 coaches assigned from different territories, and fifteen in the FVA team for global digital leadership that will impact the world through digitalization, one life at a time.

Revenue
Julmar grew the business to $1K/month
Costs
It cost Julmar $500 to start the business
Read by 7,835 founders

35. Start a tutoring or education business

When students have problems with their schoolwork, they turn to tutors for help.

Being a tutor awakens your entrepreneurial skills. Being your own boss allows you to set your own schedule and be more independent. You'll create lasting relationships with students and their parents. Last but not least: you get paid well!

How much you can make: $4,500 — $235,000/month

How much does it cost to start: $4,000 (?)

How long does it take to build: 90 days (?)

How I Started A $200K/Month Online Makeup Academy

Online makeup academy, Vizio Makeup Academy, founded in 2011 by Anastasia Andreani and her partner, has enrolled over 3,300 students and generated $2.4M in revenue this year, by offering professional makeup courses online and creating their own cosmetic line.

About
Anastasia started Vizio Makeup Academy over 13 years ago
Revenue
Anastasia grew the business to $235K/month
Costs
It cost Anastasia $4000 to start the business
Read by 14,842 founders

36. Start an email marketing business

Email marketing is a popular and effective way for businesses to reach their target audience and promote their products or services.

With the rise of the internet and the increasing use of email as a communication tool, starting an email marketing business can be a lucrative and rewarding venture.

An email marketing business involves creating and sending marketing emails to a list of subscribers. The emails can be newsletters, promotional messages, or other types of content designed to engage and convert the recipient into a customer. The business owner is responsible for building and maintaining the email list, creating the content, and sending the emails using specialized software.

To start an email marketing business, you must have a strong understanding of marketing principles and a good grasp of best practices. This includes creating compelling subject lines, segmenting your email list, and analyzing your campaigns’ results. You will also need to be proficient in email marketing software like Mailchimp or Constant Contact.

To run a successful email marketing business, you must clearly understand your target audience and what they are interested in. This will help you create relevant and engaging content that resonates with your subscribers and encourages them to take action. A solid call to action in your emails is crucial, whether it’s visiting your website, making a purchase, or signing up for a newsletter. Starting an email marketing business requires marketing skills, expertise, and a willingness to learn and improve continuously. The right strategies and tools can be a rewarding and successful way to reach your target audience and grow your business.

How much you can make: $3,500 — $8,300,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

How I Started A $55K/Month Email Marketing Agency Specialized in Ecommerce

Boundless Labs is an email marketing agency for eCommerce brands that has generated over $25 million in email attributable revenue for their clients since launching 18 months ago and currently makes around $90K per month, with plans to reach $100K per month by the end of January 2020 through client referrals, strong relationships, and hard work.

About
Chase started Boundless Labs about 6 years ago
Revenue
Chase grew the business to $8.3M/month
Read by 12,048 founders

37. Start a business support services

Business support services offer continuous administrative, technical, and operational assistance to companies.

To begin this business, start by identifying core services such as virtual assistance, bookkeeping, web services, and equipment maintenance to provide clients.

Market your services by attending networking events, cold calling local businesses, using social media, and having a website that emphasizes reliability, expertise, and cost-effectiveness.

Focus on understanding every client's operations and needs to customize your services, maintain strong communication, and build long-term relationships.

Stay up-to-date on business practices, technologies, and methods to enable clients to improve efficiency and concentrate on core functions effectively.

How much you can make: $6,800/month

We Created An $80K/Year Incubation Program To Help Minorities And Women Entrepreneurs

Hutch, founded by Fearless, is a 24-month program that helps minority and women entrepreneurs in government digital services; the program has had 9 graduates, 11 company founders in current two cohorts, and 20 companies within its portfolio.

About
Delali started Hutch over 6 years ago
Revenue
Delali grew the business to $6.8K/month
Read by 2,892 founders

38. 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 can define your work schedule and choose what niches to work on.

How much you can make: $20,000 — $166,667/month

How much does it cost to start: $251 (?)

How long does it take to build: 3 days (?)

How I Started A $7.5K/Month Social Media Consulting And Training Business

A social media manager turned entrepreneur created a program that has brought in almost $100,000 in one year, designed to teach women how to run successful social media businesses in less than 30 days.  

About
Amanda started Social Media Manager Society almost 4 years ago
Revenue
Amanda grew the business to $20K/month
Read by 6,741 founders

39. Start a youtube channel

For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. In addition, YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.

In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube's popularity to earn extra income.

If you want to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.

How much you can make: $800 — $1,000,000/month

How much does it cost to start: $750 (?)

How long does it take to build: 90 days (?)

Time commitment per week: Min. 5 hours/week

How This Couple Makes $5K/Month Generating Content About Ways To Make Money Online

Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.

About
Chhavi started Mrs Daaku Studio almost 6 years ago
Revenue
Chhavi grew the business to $5K/month
Costs
It cost Chhavi $500 to start the business
Read by 13,821 founders

40. Become an Uber driver

Becoming an uber driver can be a great way to earn additional income while still keeping a flexible schedule.

To become an uber drive, there are a few requirements:

  • Meet the minimum age to drive in your city
  • Have at least 1 year of driving experience in the U.S
  • Have an eligible 4-door vehicle
  • Have the proper documents and identification
  • Complete a screening online (reviews driving history, record, and criminal history).

To learn more about the requirements in your city, check out this page.

Time commitment per week: Min. 5 hours/week

41. Start a restaurant

If you love cooking and are passionate about entrepreneurship, starting a restaurant can be a fun and lucrative business.

To get started, choose a great location, and hire an excellent support team. You will need a chef to inspect the food and 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 Namibia, gain insight from consumer preferences and focus on serving modern consumers what they need.

How much you can make: $124,998 — $2,000,000/month

How long does it take to build: 120 days (?)

Starting A $1.5M Healthy Meals Delivery Business

One Life Meals is a Toronto-based healthy meal delivery service that made 14,500 meals per month and generated $130k in monthly sales in 2018 through their one-on-one consultation, lean protein and seasonal veggies-based meals, and their focus on the client experience.

About
Andrei started One Life Meals over 11 years ago
Revenue
Andrei grew the business to $130K/month
Read by 20,764 founders

42. Start a skills training business

It is a great idea to start a skill training business with a website-oriented online presence, aimed towards helping people learn new skills. Starting your own skills training business doesn’t require a lot of money, but it can have a significant impact on your life and others.

The global skills training market is expected to reach $47.2B by 2027. If you’re looking for financial freedom, 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 you can make: $1,500 — $350,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 90 days (?)

How I Started A Profitable Business Helping Millions Of People Learn Excel

A one-man business teaching people how to use Microsoft Excel effectively has gone from getting ~15k pageviews a month in 2014, to more than one million pageviews every month as of today, generating an average monthly revenue of ~$10,000, with the majority of the money coming from online course sales and a newsletter, which has 40k+ active subscribers.

About
Sumit started TrumpExcel.com about 11 years ago
Revenue
Sumit grew the business to $10K/month
Read by 10,870 founders

43. Start an online retail store

Starting an online retail store is straightforward. All you need is a computer, a domain, and a web hosting service. Then, determine a niche for your online store, and conduct product research before listing products.

You can start your online store based on a drop shipping business model or list your self-made products in your online store.

How much you can make: $5,000 — $250,000/month

How long does it take to build: 51 days (?)

How I Turned A $5K Investment Into A $7.2M Apparel Brand

This case study follows the story of a successful online business that has made 7.2 million dollars in sales since 2012, with profits of around 30-45%, and the founders share insights on lessons learned and tools used.

About
Jonathan started On Cloud Faith about 2 years ago
Revenue
Jonathan grew the business to $5K/month
Costs
It cost Jonathan $5000 to start the business
Read by 8,189 founders

44. Become a professional cuddler

Imagine being a professional cuddler for a living. Getting paid to snuggle your clients may sound strange, but this type of service has been in high demand over the last few years.

Think of 'snugglers' as a more personal therapist. They get paid for many services: hugging their clients, listening to their problems, coaching them, comforting & reducing stress, cooking and eating meals together and more.

How much you can make: $11,300/month

Time commitment per week: Min. 5 hours/week

How I Make A Living As A Professional Cuddler

Professional cuddler, Sam Varnerin, developed her successful one-to-one cuddle service, Snuggle with Sam, as a result of recognising the universal human need for connection and touch, which also led to her opening Sam’s Snuggle School, a course for aspiring professional cuddlers.

About
Sam started Snuggle with Sam over 7 years ago
Revenue
Sam grew the business to $11.3K/month
Read by 15,553 founders

45. Start a stock video business

Stock video is pre-filmed footage that can be purchased and used in various projects and films. Like stock photos, copyrighted stock videos cannot be used without permission and licensing from the rightful owner.

Businesses and filmmakers use licensed stock footage as they save money and hours, they would need to create original footage. Starting a stock video suitable for use in commercials and entertainment can be a great venture.

How much you can make: $10,000/month

How long does it take to build: 197 days (?)

I Built A $120K/Year Stock Animation And GIF Images Side Hustle

VideoPlasty, an affordable and easy-to-use platform for buying pre-made stock animation elements and GIF images, has attracted over 600,000 visitors since its launch, with over $100k in revenue in 2020 alone, thanks to free organic traffic from YouTube tutorials and optimized SEO.

About
Eduard started VideoPlasty over 7 years ago
Revenue
Eduard grew the business to $10K/month
Costs
It cost Eduard $50000 to start the business
Read by 3,713 founders

46. Start a restaurant

If you love cooking and are passionate about entrepreneurship, starting a restaurant can be a fun and lucrative business.

To get started, choose a great location, and hire an excellent support team. You will need a chef to inspect the food and 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 Namibia, gain insight from consumer preferences and focus on serving modern consumers what they need.

How much you can make: $124,998 — $2,000,000/month

How long does it take to build: 120 days (?)

Starting A $1.5M Healthy Meals Delivery Business

One Life Meals is a Toronto-based healthy meal delivery service that made 14,500 meals per month and generated $130k in monthly sales in 2018 through their one-on-one consultation, lean protein and seasonal veggies-based meals, and their focus on the client experience.

About
Andrei started One Life Meals over 11 years ago
Revenue
Andrei grew the business to $130K/month
Read by 20,764 founders

47. Start a hotels business

If you are considering starting a hotel, then it is time to implement your plan. 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 before 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

How much you can make: $15,000/month

How long does it take to build: 325 days (?)

I Created A $120K/Year Skincare Brand For Black Women Recommended By Beyoncé

SKNMUSE, a premium beauty brand dedicated to elevating the beauty experience for Black Women, has a 40% customer retention rate, achieved a 169% increase in revenue, and made $30,000 in Q1 alone.

About
Ezinne started SKNMUSE almost 4 years ago
Revenue
Ezinne grew the business to $15K/month
Costs
It cost Ezinne $1000 to start the business
Read by 3,372 founders

48. Start a healthy food processing business

With the growing preference for healthy and functional food, starting a healthy food processing plant can be rewarding.

The advancements in the food processing industry, innovation in processing technology, and continuous growth in demand for processed food are some excellent reasons to consider opening a healthy food processing business.

To start a healthy food processing plant, find out a market gap, and research the demand. Understand customers changing tastes and focus on offering the best throughout.

How much you can make: $52,944/month

How long does it take to build: 90 days (?)

How I Healed My Injury With Bone Broth And Bootstrapped A $540K/Year Business

Bluebird Provisions Bone Broth is North America's fastest-growing bone broth brand, doing 49,000 per month and growing 50% YoY, with 5000% growth in customer base since starting, thanks to an SEO-focused strategy, email marketing, referrals, and Amazon.

About
Connor started Bluebird Provisions over 5 years ago
Revenue
Connor grew the business to $52.9K/month
Costs
It cost Connor $30000 to start the business
Read by 3,413 founders

49. Start a grocery store

A grocery store sells a wide variety of food products, fresh or packaged, and other household & personal care items. The grocery store industry is the largest retail channel that makes $682 billion 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, the location, size of the store, competitors, and local customers will significantly impact the business. A new grocer should sell more items for a lower price to make a more significant profit.

A new grocer can also save costs by buying the items from local distributors. The distributor is the middleman between the manufacturer and the grocery store selling it. Once the store cost and location are 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 store's location, size, and popularity. On average, a small to medium grocery store can make a profit of 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 a margin of up to 70%. As a rule of thumb, offering lower prices on higher purchases will ultimately win more customers and increase profitability.

50. Start a gym

Over the last decade, more people across the globe have become self-aware of the importance associated with living a healthy lifestyle.

As a result, the gym has become a trend for millions of people, leading to a rapid increase in the size and popularity of the global fitness industry. According to statistics, the global fitness club industry is worth over $96 billion.

Therefore, starting a gym could be a great business opportunity.

How much you can make: $20,000 — $1,200,000/month

How long does it take to build: 227 days (?)

How I Started A $60K/Month Personal Training Company

Live Fit, a personal training company founded in 2011, grew from earning $80,000 in their first year with two trainers to earning over $760,000 in 2019 with 12 trainers and two locations, thanks to a focus on building trusting relationships and providing a variety of services to clients.

About
Chris started Live Fit over 13 years ago
Revenue
Chris grew the business to $60K/month
Costs
It cost Chris $50000 to start the business
Read by 8,185 founders

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.