23 Compatible Business Ideas For Scorpio's

Updated: July 24th, 2023

Would you like to start your own business as a Scorpio or earn money on the side, but still need to find the right business idea?

There will be countless exciting business ideas again in 2021. While it sounds exciting to start your own business, it's important that you run with the right idea.

Your goal should be to build a business in a niche that is not only profitable but can also ensure your long-term success.

Hopefully, all of the business ideas for scorpio's listed here will give you inspiration and a head start for the 2021 year.

1. Start a pop-up restaurant

Are you passionate about food but daunted by the complexities of running a full-scale restaurant? Consider a pop-up restaurant.

A pop-up restaurant is a temporary dining experience that sets up shop in unique, often unexpected locations for a limited time.

It's a fantastic way to test culinary concepts, build a following, and create buzz without the hefty investment required for a permanent establishment. You can focus on the quality of your menu and the dining experience, rather than long-term overhead costs.

Whether you’re a seasoned chef or an aspiring foodie entrepreneur, the transient nature of a pop-up lets you play with flavors and themes to gauge public interest. With careful planning and the right marketing strategy, a pop-up restaurant can turn your culinary dreams into reality, offering an innovative and flexible path into the food industry.

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

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

How We Hit Our Goal Within 24 Hours On Kickstarter And Raised $30K+ Worth of Preorders

Andrew Buehler launched Urban Smokehouse, the world’s first digitally native BBQ brand, through a Summer Kickstarter campaign, raising over $30,000 in pre-orders; since then, the company has achieved monthly sales of over $5,000 split between their website and in-person pop-ups and events, relying heavily on word of mouth and organic social media.

Read by 2,817 founders

2. Start a news website

Breaking news doesn’t wait, and neither should you. Starting a news website can be an exciting venture for those passionate about journalism and current events.

A news website is an online platform where you can publish original content, news articles, and opinion pieces. With the surge in digital consumption, there's a significant audience eager for reliable and timely information.

Creating a news website involves selecting your niche or focus area, be it local news, politics, tech, or lifestyle. You'll need to source accurate information, write compelling articles, and keep your site updated regularly. It’s crucial to build a team or network of writers and editors who can help maintain quality and consistency.

While it’s certainly not an easy task, the potential for influence and monetization through ads and subscriptions is substantial. If you have a nose for news, this could be your calling.

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

How much does it cost to start: $2,525 (?)

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

My Finance Newsletter & Community Hit A $3M Run Rate This Year

Contrarian Thinking is a premium membership community that teaches its 1.5 million members how to implement cash flow strategies to achieve financial freedom, with a current run rate of $3 million and a goal of $50 million ARR in five years.

Read by 5,511 founders

3. Start a retail pharmacy

Starting your retail pharmacy can be a rewarding venture that offers you independence and the opportunity to define your work schedule. If you are considering starting a pharmacy, understand the licensing requirements and comply with the National Council For Prescription Drug Program.

Then, define the business model. You may opt to start an online retail pharmacy or a brick & mortar establishment. For a brick-and-mortar establishment, rent a physical location and take care of staffing costs and inventory keeping.

How much you can make: $515/month

How much does it cost to start: $3,000 (?)

How long does it take to build: 730 days (?)

On Creating Customizable Medical And Allergy Awareness Bag Tags

Medical Bag Tags, LLC creates customizable medical and allergy awareness bag tags for personal items while raising awareness of medical and allergy conditions, all while overcoming personal tragedy and balancing being a single mom of 8 children, and is now in talks with a possible pharmaceutical investor to expand and grow the business.

Read by 4,407 founders

4. Start a college planning business

Feeling overwhelmed by the college admission process? A college planning business might be the solution you're looking for. This business revolves around guiding students and their families through the maze of college applications, scholarships, and financial aid.

You'll offer tailored advice, from selecting the right schools to perfecting application essays. With more families seeking expert help to navigate this stressful period, the demand is high. This venture allows you to leverage your expertise to make a meaningful impact.

Beyond just consultations, you can also host workshops, webinars, and create digital resources. It’s an opportunity to build a fulfilling enterprise while helping students achieve their dreams.

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

How long does it take to build: 720 days (?)

AcademicInfluence.com Pioneers A New Way To Compare Colleges And Scholars

AcademicInfluence.com helps parents and students find colleges that are a good fit with their revolutionary machine learning system to identify and track the influence of the faculty and alumni, resulting in over 100,000 organic search visits per month.

Read by 3,079 founders

5. Become a private investigator

Private investigators are hired to investigate a person, event or organization. They can be hired by individuals, law enforcement or attorneys.

In the past few years, there has been an increase in the number of private investigator firms. This is because of the growing demand for PI services due to all the recent technological advancements that have helped make it easier for people to get away with criminal activities and unethical behavior.

6. Start a financial consulting business

Financial consulting is a business that helps individuals and businesses manage their financial affairs. Managing financial affairs include creating financial plans, analyzing financial data, and advising investment and financial decision-making.

To start a financial consulting business, you will need a strong understanding of financial principles and practices and excellent communication and problem-solving skills. You may also need to obtain necessary licenses or certifications, such as a Certified Financial Planner (CFP) designation.

To start the business, you must create a business plan, establish a business structure (such as a sole proprietorship or LLC), and identify your target market. You may also need to secure financing and create a marketing plan to attract clients. It is also important to network with other professionals in the financial industry and stay up-to-date on the latest trends and developments in the field.

How much you can make: $12,000 — $2,000,000/month

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

I Grew My Spreadsheet Templates Side Hustle Into A $240K/Year Business

ProjectionHub helps entrepreneurs create financial projections using a library of 50+ CPA-developed financial projection spreadsheet templates, generating over $20,000 per month in revenue without the need for software subscription models.

Read by 9,717 founders

7. Start a family counseling business

Family counseling is a business that helps families and individuals work through their problems and improve their relationships. It involves working with clients to identify and address the issues causing stress or conflict within their family or relationships.

To start a family counseling business, you must have a strong understanding of psychology and counseling techniques and a deep understanding of families’ challenges. You will also need a solid education and training in these areas, which may involve earning a degree in psychology or counseling or completing a certification program.

To start the business, you will need to research and understand the local market for your services and determine what type of clients you want to work with. You will also need to develop a marketing plan to attract clients and build a website and social media presence to promote your business. Additionally, you will need to secure any necessary licenses or permits and find a suitable location for your business.

How much you can make: $10,000 — $13,000/month

How I Created A $13K/Month Website To Help People Start A Family

Modamily, a platform connecting people who are ready to start a family and educating them on all the ways they can create one, has brought in around $13K/month and has been featured in media all over the world, with subscriptions ranging from $30/mo to $10K.

Read by 10,052 founders

8. Become a social media marketer

Social media marketing is gaining website visitors or customers by promoting your company on social media. To succeed in social media marketing, you must regularly post tasty, entertaining, and engaging share material on your social media channels.

Everybody knows that social media is a tool that has become extremely important to businesses of all sizes. It allows them to connect with people worldwide and provides a platform for customer service. Social networks are changing the way we do marketing. They offer an opportunity for individuals, businesses, and organizations to reach millions instantly.

Nowadays, it is easy to earn money through social media marketing. You just need to invest some time and effort to make a profit. Social media has been an essential part of many businesses marketing campaigns, and it is expected to be a significant part of any company’s future.

How much you can make: $100 — $250,000/month

How much does it cost to start: $1,500 (?)

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

How I Left My Job To Start A $50K/Month Digital Advertising Agency Specialized In Facebook Ads

This case study is about how the founder of AdvertiseMint, a Facebook advertising agency, started the company with just one employee and has since grown it to 25 employees, managing close to $100 million in digital media buys for clients such as Coca-Cola and Viacom.

Read by 11,680 founders

9. Start a tax preparation business

Do you have experience in tax preparation? You can capitalize on your math abilities and attention to detail by starting a tax preparation business.

Basic tax types include:

  • Individual income taxes
  • Corporate income taxes
  • Sales taxes
  • Property taxes

To start a taxation business, you can use an in-home taxation preparation service or build taxation software. Taxation experts can specialize in certain taxation types or offer general tax consultations.

How much you can make: $8,000 — $25,000/month

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

How long does it take to build: 32 days (?)

How We Started A $8K/Month Bookkeeping, Tax And CFO Service

A4E, a full-service accounting business, grew five times from when it started about a year ago when it was only offering tax services, and its current MRR is around $8k with a targeted MRR of $13k, providing 100% done-for-you accounting solutions that combine bookkeeping, taxes and CFO services under one roof and for an amazing value for US-based businesses in tech-related industries and services.

Read by 9,677 founders

10. Start a psychic reading business

The psychic reading business focuses on helping clients see things about their past, present, and future, so the client can use these details to adjust and improve their life.

A psychic helps people struggling with love life, career path, or investment decisions.

To start the psychic business, you need to take a course to acquire the skills needed to read the client's past, present, and future.

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

How much does it cost to start: $200 (?)

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

I Created A Life Coaching Business Thanks To My Clairvoyant Gift

Meet the Clairvoyant life coach who has built a highly successful business generating an average income of $5,000-8,000 a month through her talents as an Author, LifeCoach Astropsychologist, Spiritual Therapist, astrologer, and Clairvoyant with the ability in remote viewing to help clients understand their existence, relationships, careers, and connection with the universe or source.

Read by 3,012 founders

11. Become an astrologist business

12. Start an accounting firm

Accounting firms provide audit, assurance, consulting, financial advisory, risk management, and tax compliance services.

Professionals are increasingly choosing to work independently rather than for employers. Thus, you may consider starting an accounting firm if you are an accountant.

To ensure a successful business, you must have a blend of accounting skills and experience. Like starting any other business, you must have the drive and the initiative to start your business.

Overall, the success of an accounting firm depends on marketing your services.

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

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

How We Started A $8K/Month Bookkeeping, Tax And CFO Service

A4E, a full-service accounting business, grew five times from when it started about a year ago when it was only offering tax services, and its current MRR is around $8k with a targeted MRR of $13k, providing 100% done-for-you accounting solutions that combine bookkeeping, taxes and CFO services under one roof and for an amazing value for US-based businesses in tech-related industries and services.

Read by 9,677 founders

13. 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 , 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.

Read by 21,104 founders

14. Start a bounty hunting business

A Bounty hunter is a skilled professional hired by a bail bondsman to capture fugitives and deliver them to the appropriate authorities. The bounty hunters earn a commission of the bond amount.

Bounty hunters spend much of their time investigating, researching, interviewing, and staking out locations to obtain the fugitives' whereabouts.

To become a bounty hunter, consider taking criminal justice education and training in martial arts, self-defense, and weapons. However, training and education for bounty hunters' licensure also vary from one state to another.

15. Start a content marketing business

Content marketing is developing and distributing relevant, helpful content to convert the target customer to take the necessary steps. Businesses with a content marketing strategy get 67% more leads than other companies.

Therefore, the demand for content marketing services is high than ever before. Starting a content marketing service can be a significant business venture.

To start a content marketing business, you need a good understanding of SEO and social media. You can hire content creators to help you develop relevant and valuable content.

How much you can make: $100 — $333,333/month

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

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

How I Started A $80K/Month Content Writing Business

How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.

Read by 24,375 founders

16. Start a private nurse service

Private nurses provide one-on-one medical care to patients who are homebound or in an institution, such as a hospital, nursing home or other such facilities.

A private nursing attendant's responsibilities include taking care of the daily activities of patients like bathe, feed, maintain personal hygiene. Most of the private nurses live with the patient's family in their home, and may also work for long hours.

To become a private duty nurse, you will need to earn a registered nursing degree (RN) or a licensed practical nurse degree (LPN). Registered nurses with 2-3 years of relevant experience can then pursue their career as private duty nurses. Obtaining an advanced certification can also increase more career options.

Private nurses are usually hired by an individual or an agency. However, they work at a patient’s private residence and get paid by the individual. The career scope of private nursing practice is expected to increase by 7% in the coming years, with the increased aging population and the need for home care.

Pricing of a registered private nurse in the US would cost around $25+ an hour, which is approximately $4000 per month.

17. Start a digital magazine

A digital magazine is an electronic publication that takes a digital format rather than printed on paper.

Ideally, digital publications and traditional print magazines are not all that different. The only difference is the medium of delivery. To start a digital publication, decide the publication’s goals and pick a topic or theme. Then, create a content strategy and choose the right software.

How much you can make: $21,000 — $800,000/month

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

How long does it take to build: 52 days (?)

How We Started A Digital Flipbook Making Tool That Makes $9.6M/Year

Flipsnack is an online tool that allows anyone to create digital flipbooks and has increased its business revenue by over 50% year over year, with YoY growth rates between 50% - 84%, shifting from a B2C approach and focusing more on B2B.

Read by 12,685 founders

18. Start a green financial planning business

A green financial planning business involves helping clients align their financial goals with their values, including environmental and social responsibility.

The financial planning business can involve various services, such as investment advice, budgeting, and retirement planning, focusing on sustainable and responsible options. To start a green financial planning business, you must be licensed as a financial planner and obtain additional certifications, such as a Certified Financial Planner (CFP) designation.

You will also need to establish a business structure, obtain necessary licenses or permits, and set up a system for managing client relationships. To operate your business, you must market your services to potential clients, build a network of referral sources, and stay up-to-date on the latest trends and developments in sustainable investing and financial planning.

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

How I Started A $10K/Month Financial Planning And Investment Management Company

Third Eye Advisors is a boutique Registered Investment Advisor (RIA) providing customized financial planning and investment solutions to millennial business owners, founded by Arthur Robertson with start-up costs of approximately $10,000 to $15,000, recouping those costs within three months of serving clients, while the team is currently expanding and looking for Financial Advisors to come on board in Q4 2020.

Read by 6,603 founders

19. Start a product review blog

A product review blog typically includes a description of the product, as well as a rating and review. This can be anything from reviewing gadgets to books to software.

To start a product review blog, you need to have strong writing skills and be familiar with the available products. You should also have a good understanding of how to market your blog and generate traffic.

The recent trend that is making this business more popular is the growth of social media. With more people using social media, businesses are looking for ways to connect with their customers. Product review blogs provide businesses with a way to connect with their customers and generate positive reviews.

Starting a product review blog is a great way to share your opinion on different products. This type of blog can be very profitable, as you can generate revenue through advertising and affiliate marketing.

How much you can make: $1,000 — $110,000/month

How much does it cost to start: $280 (?)

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

How My Blog With Body-Safe Sex Toys Reviews Turned Into A $2K/Month Side Hustle

Sex blogger turns a free WordPress blog into a $2,000 a month part-time digital business by investing in education, self-hosting, and building relationships within the NSFW community.

Read by 17,896 founders

20. Start a life coaching business

Life coach helps people in various areas of their lives using a combination of emotional intelligence, professional knowledge, and experience.

Life coaching is a popular industry worth over $2.85 billion, and the number of life coaches has increased by 33% between 2015-2019.

This is a very profitable business and can be started at virtually no cost. You’ll need a computer, a high-speed Internet connection, and a LinkedIn account to start. Then, you can begin coaching part-time in your spare time until you build up your clientele.

How much you can make: $100 — $120,000/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 I Launched A $5K/Month Platform To Connect With Growth Mentors

GrowthMentor, a platform connecting vetted growth mentors for one-on-one calls, founded by Fotis Panagiotakopoulos, has had over 2,500 mentorship calls booked to date and has seen success in using word of mouth, content marketing, and leveraging other people's networks as the primary drivers of customer acquisition.

Read by 45,486 founders

21. Start a market researching business

Market research analysts research, compile, and analyze information on products and market conditions. The experts identify potential new markets, sales opportunities, and effective marketing strategies.

The employment of market research analysts is projected to grow rapidly over the coming years.

If you love helping businesses reach strategic decisions to excel and beat the competition, then starting a market research business can be fun and rewarding.

How much you can make: $15,000 — $1,500,000/month

How long does it take to build: 550 days (?)

How We Built A $1.5M/Month Survey And Research Solution

TapResearch generates roughly $1.5M in revenue per month through their Sample and Insights platforms, which allow market researchers to access survey respondents they need and make fast and easy decisions through a highly scalable respondent network that delivers surveys to hundreds of millions of people.

Read by 9,619 founders

22. Start an online pharmacy

Online pharmacies enable customers to purchase medicines, health supplements, and nutraceuticals online without visiting physical chemists. The growth of online pharmacies is attributed to the rising number of internet consumers and increased access to web-based and online services.

Therefore, starting an online pharmacy can be a lucrative venture.

23. Start a counseling business

Mental illnesses can curtail an individual’s ability to lead a fulfilling life. Mental health issues can cloud relationships, family life, and careers.

Guidance and counseling experts help people deal with mental health conditions across economic, social, and racial groups.

To start a counseling business, identify a niche and focus on building expertise around that area.

For instance, you can concentrate on economic or financial counseling, social issues such as a family or marriage counseling business, or an education and life coaching business where you counsel people in choosing a career and chasing their dreams.

Once you have decided on the niche, market your services through focus groups or target individuals.

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

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

We Started A $96K/Year Therapy Room Rental Business During The Pandemic

Space To Be You is a mental health and holistic therapy center that has grown at 30% month-on-month and currently generates $8000 in monthly revenue with 25 counselors and massage therapists providing services, and discusses securing funding and the challenges of starting up a therapy business during the pandemic.

Read by 3,735 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.