50 Best Business Ideas and Opportunities In US Virgin Islands [2022]

50 Best Business Ideas and Opportunities In US Virgin Islands [2022]

Interested in starting a business in US Virgin Islands in 2022?

We put together 50 of the best businesses you can start in US Virgin Islands today.

In this list of ideas, you can find:

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

Here's the full list:

1. Start a nanobrewery or micro brewery ($56K/month)

How Much Can You Make?
$56,000/month
Average Initial Investment
$10,000
Skills

Matija Mrazek started Varionica, a brewery, over 8 years ago:

Case Study

HI! We are Davor and Matija from Varionica, a craft brewery from Croatia.

We started by renting a small brewery outside of Zagreb and by the end of 2019. After that, we opened our new brewery with a much larger capacity and modern brewing equipment in Pisarovina near Zagreb. We started our business with only 22 30-liter steel KEGs, which we drove around in an old Opel Astra, and now we are producing roughly 40.000 liters of beer per month.

Our product range

how-we-started-a-six-figure-craft-brewery-from-croatia

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Matija Mrazek, on starting Varionica ($56,000/month) full story ➜

2. Start a financial consulting business ($12K/month)

How Much Can You Make?
$12,000 — $10,500,000/month
Skills

Evan Bleker started Net Net Hunter, a financial consulting business, over 9 years ago:

Case Study

My name is Evan Bleker, I’m an investor and entrepreneur. I started a company called Net Net Hunter, a membership community focused on a niche value investment strategy. The core of the strategy is buying cheap stocks, incredibly cheap stocks.

We now offer a list of roughly 1000 international net-nets and filter through them by hand to identify the top 40 or 50 to focus our research efforts on. Along the way, I’ve collected a lot of bits and pieces written about net investing and packaged them into a learning resource. We added a community forum to share ideas and help members connect. This has been very popular. Investment analysis came later.

how-i-started-a-12k-month-investment-membership-community

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Evan Bleker, on starting Net Net Hunter ($12,000/month) full story ➜

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

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

As a travel agency, you'll be responsible for providing 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.

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

Marissa Daniels started Spread Your Wings Travel, a travel agency, over 3 years ago:

Case Study

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

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

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

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Marissa Daniels, on starting Spread Your Wings Travel ($2,000/month) full story ➜

4. Start a boutique ($33K/month)

How Much Can You Make?
$10,000 — $33,000/month
Average Initial Investment
$100
Time To Revenue
300 days
Skills
Business model
Work from home

Gia Paddock started Boutique Rye, a boutique, about 5 years ago:

Case Study

Hi everyone, my name is Gia, and I am the owner of Boutique Rye. We are a women’s clothing and accessories boutique that is all online!

We have anywhere from clothes that are appropriate for work or clothes that will make you turn heads on a night out on the town. I try and buy clothes with many different styles in mind. I'd like to think that we are a one-stop shop for a diverse group of women!

how-i-grew-my-clothing-boutique-to-10k-month-in-6-months

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Gia Paddock, on starting Boutique Rye ($10,000/month) full story ➜

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

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

Sabba Keynejad started VEED, a online video editing business, almost 4 years ago:

Case Study

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

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

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

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Sabba Keynejad, on starting VEED ($6,000/month) full story ➜

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

Want to start your own photography business? You're not alone. With the rise of social media and photo-sharing, blogging, and online retailing, it's never been easier to start making money behind your camera.

There are photographers shooting weddings, creating images for ad campaigns, freelancing for magazines, touring the world taking photographs of destinations — the list is endless!

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

Tsour Lee Adato started Product Photography Studio, a mobile photography , ago:

Case Study

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

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

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

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Tsour Lee Adato, on starting Product Photography Studio ($45,000/month) full story ➜

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

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

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

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

Luis Camacho started Fantôm Agency, a online advertising agency, over 4 years ago:

Case Study

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

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

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

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Luis Camacho, on starting Fantôm Agency ($25,000/month) full story ➜

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

How Much Can You Make?
$1,500 — $800,000/month
Average Initial Investment
$82,760
Time To Revenue
300 days
Skills
Business model

Lars Helgeson started GreenRope, a website builder, about 14 years ago:

Case Study

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

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

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

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Lars Helgeson, on starting GreenRope ($160,000/month) full story ➜

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

It's never been easier to make money doing freelance content writing.

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

Dani Mancini started Scribly.io, a content writing company, almost 4 years ago:

Case Study

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

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

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

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Dani Mancini, on starting Scribly.io ($37,000/month) full story ➜

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

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

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

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

Patrick Hess started AFH Media LLC, a niche blog, over 7 years ago:

Case Study

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

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

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

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Patrick Hess, on starting AFH Media LLC (/month) full story ➜

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

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

As a travel agency, you'll be responsible for providing 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.

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

Marissa Daniels started Spread Your Wings Travel, a travel agency, over 3 years ago:

Case Study

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

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

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

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Marissa Daniels, on starting Spread Your Wings Travel ($2,000/month) full story ➜

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

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

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

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

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

Jeremy Enns started Counterweight Creative, a podcast, about 6 years ago:

Case Study

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

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

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

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Jeremy Enns, on starting Counterweight Creative ($16,000/month) full story ➜

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

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

Shannon Mattern started Web Designer Academy, a affiliate marketing business, over 7 years ago:

Case Study

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

My revenue comes from affiliate commissions from products and services I teach inside my free DIY web design training, and sales of my two signature courses: one that teaches ad-free, algorithm-proof online marketing strategies and the other that teaches web designers how to market themselves online, get clients, charge what their worth and not let their clients take over their lives!

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

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

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Shannon Mattern, on starting Web Designer Academy ($42,000/month) full story ➜

14. Start a real estate business ($146K/month)

How Much Can You Make?
$5,000 — $2,500,000/month
Average Initial Investment
$23,000
Skills

T. Cory Lewis started T. C. Lewis & Co. Real Estate, a real estate business, over 16 years ago:

Case Study

My name is Cory Lewis, and my company is called T. C. Lewis & Co. We are a real estate investment and management firm operating mainly in the Appalachian mountain region of the Southeastern United States. We are a licensed real estate brokerage in multiple states, and that allows us to identify, project, negotiate, and broker deals for our clients for commercial and investment properties. Following the acquisition, we manage the performance of the investment and/or the improvements to the investment through our Property Management and Construction Divisions. We now represent clients from all over the world investing in the Appalachians.

We now have a small corporate office in downtown Asheville, North Carolina supporting regional offices around the Appalachians. The firm has been named to Inc. magazine’s list of the Fastest Growing Privately Held Companies in America (no. 128), seventh fastest growing real estate company in America, named to the Financial Times inaugural 1000 Fastest Growing Businesses in the Americas list, named Best of Property Management for eight years running, named Community Supporter of the Year, been given the Tennessee Small Business Excellence Award, named Builder of the Year, named One of the 10 Best Brokers in Tennessee, and various other recognitions.

how-i-started-a-500k-month-real-estate-investment-business

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T. Cory Lewis, on starting T. C. Lewis & Co. Real Estate ($500,000/month) full story ➜

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

Mobile app development is the process of creating software applications that run on mobile devices. These apps can be used for a variety of purposes, including games, productivity, and social networking.

To start a mobile app development company, you need to have strong technical skills and be able to develop high-quality software. You should also have a good understanding of how to market and sell mobile apps.

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

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

Starting a mobile app development business is a great way to enter the world of software development. This type of company is growing in popularity as businesses are looking for ways to reach their customers through mobile apps.

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

Rob Bentley started The Jed Mahonis Group, a iPhone app, over 10 years ago:

Case Study

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

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

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

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Rob Bentley, on starting The Jed Mahonis Group ($80,000/month) full story ➜

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

In recent years, blogging has become a highly sought-after & lucrative Business. This is location-independent business is a creative outlet to reach a broader audience. According to Optinmonster's list of blogging statistics and facts:

  • Blogs have been rated as the 5th most trustworthy source of gathering online information.
  • 77% of internet users read blogs.
  • Each month, approximately 409 million people view more than 20 billion pages.

Originally blogging started as an online journal, but today it is a highly profitable career option. Many people are choosing blogging as their full-time career and are earning their bread and butter from this profession.

If you want to start blogging as a side hustle or as a full-time profession, first choose a niche you will enjoy writing about and have a content strategy ready. Then, create a mailing list, and decide on a good blog posting routine to keep your audience engaged.

How Much Can You Make?
$400 — $160,000/month
Average Initial Investment
$2,721
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Michelle Schroeder started Making Sense of Cents, a finance blog, almost 11 years ago:

Case Study

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

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

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

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Michelle Schroeder, on starting Making Sense of Cents ($100,000/month) full story ➜

17. Start a food truck ($125K/month)

Food trucks are a highly profitable business that offers customers a variety of meal options. This basically operates on a large vehicle equipped with kitchen and food products.

The initial expense of setting up a food truck business is quite low when compared to that of a restaurant. The basic expenses to start a food truck business are as follows:

  1. Food truck : There are various truck brands available in the market based on your requirements. However, to save cost, you can also buy a second-hand commercial truck that is less than 5 years old along with the insurance. In general, a commercial truck can cost between $50,000 to $90,000.
  2. Kitchen equipment: It is advisable to buy new equipment as they are mostly electronic items, in order to cut down the maintenance cost.
  3. Licenses & Permits: The cost of license and permit and other fees vary from state to state.
  4. Staff: To run a food truck, a maximum of 2 chefs are required. The average salary of a food truck cook can vary from $28,000 to $75,000 for an experienced chef.
  5. Marketing: promotion and marketing your food truck business through social media or a website.

In order to start a food truck business in a particular city, it is mandatory to check what kind of food trucks are already operating in your city.

How Much Can You Make?
$10,000 — $1,500,000/month
Average Initial Investment
$27,666
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Jeffrey Mora started Food Fleet, a food truck, over 10 years ago:

Case Study

I started my career at the world-famous Century Plaza Hotel in Los Angeles Apprenticing under Certified Master Chef Raimund Hofmeister.

We also provide design and build services as well as food manufacturing and consulting for a number of large scale companies.

Food Fleet’s growth Year after year has been at an at over 30 %. From 2017-2018 we had an unprecedented 160% growth spurt. With a team of 6, including my partner and I, we managed over 20 million in sales for our clients. As an example. We took over a convention center 3 years ago managing their food truck business. For their largest event of the year, we were up 53% over the previous year. I honestly would have to equate some of that success to the under-reporting of sales by the previous operator. But the following year we were up 19% from that figure and again close to that this year. That is due in large part to our understanding of transaction times, menu mix, the equipment in each truck or pop up and other factors.

how-i-took-food-trucks-corporate-and-built-a-18m-business

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Jeffrey Mora, on starting Food Fleet ($1,500,000/month) full story ➜

18. Start a beverage company ($36.3K/month)

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 Can You Make?
$500 — $200,000,000/month
Average Initial Investment
$224,484
Time To Revenue
360 days
Skills
Business model
Work from home

Andy Hayes started Plum Deluxe Tea, a tea business, over 10 years ago:

Case Study

I’m Andy Hayes and I’m the founder of Plum Deluxe, an online purveyor of delicious loose leaf teas.

We now have one of the largest tea subscription boxes and are about the pass the 7 figure mark in annual revenue.

how-andy-hayes-started-a-7-figure-tea-business-online

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Andy Hayes, on starting Plum Deluxe Tea ($75,000/month) full story ➜

19. Start a tutoring or education business ($100K/month)

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 Can You Make?
$17,000 — $500,000/month
Average Initial Investment
$141,900
Skills
Business model

Ghazal Qureshi started UpBrainery Technologies, a education products business, over 2 years ago:

Case Study

Hello! My name is Ghazal Qureshi and I am the proud founder and CEO of UpBrainery Technologies. UpBrainery is a startup tech company that focuses on revolutionizing modern education to fit the evolving needs of parents and children.

Within our first few months, we have cultivated relationships with organizations like the Girl Scouts, Girls Inc., Whataburger, NASDAQ, and the Houston Rockets. We are in the works to build a large network of opportunities with other corporations to provide educational content to children in their communities.

how-we-launched-an-educational-platform-during-covid-19-and-landed-partnerships-with-houston-rockets-and-whataburger

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Ghazal Qureshi, on starting UpBrainery Technologies ($87,000/month) full story ➜

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

Do you love helping people through their fitness journey? If you are looking for 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. To attract your first clients, consider online advertising, and seek referrals from every customer.

How Much Can You Make?
$8,500 — $125,000/month
Average Initial Investment
$75,625
Time To Revenue
240 days
Time Commitment Per Week
Min. 4 hours/week
Skills
Interests
Business model

Chris Anderson started Live Fit, a mobile personal trainer, over 11 years ago:

Case Study

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

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

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Chris Anderson, on starting Live Fit ($60,000/month) full story ➜

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

A Software Developer is a person who creates computer programs. They design, test, and oversee the creation of software for a variety of purposes including businesses, personal use, or social networking.

If you have strong technical skills and experience in programming, you can start a software development business. You should also have a good understanding of how the software works.

The average salary for software developers is $110,140. The best-paid 25 percent earn an annual income of up to 140K dollars while the lowest-paid workers make just under 84K dollars.

The recent trends in software development are moving towards mobile apps and cloud-based solutions. Businesses are providing a variety of programming languages and tools to create software that meets the client's needs.

Starting a software development company is the perfect way to explore in this exciting industry. This type of business is growing in popularity as businesses are looking for ways to offer their customers a convenient way to access their data and applications.

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

Max Rice started SkyVerge, Inc., a software developer, over 9 years ago:

Case Study

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

We’re the largest seller of plugins for WooCommerce, like WooCommerce Memberships, a complete membership solution for WooCommerce stores. We also run Jilt, an all-in-one email marketing platform built for the unique needs of eCommerce stores.

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

Team SkyVerge at our 2019 team retreat in Scotland

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

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Max Rice, on starting SkyVerge, Inc. ($350,000/month) full story ➜

22. Become a meditation coach ($3K/month)

A meditation coach teaches and guides those who seek mental clarity through meditation. Typically, the meditation teacher combines breathing and concentration to deepen understanding and to help the clients achieve relaxation.

Working as a meditation coach provides you an opportunity to guide clients in finding new practices and techniques that may provide additional health benefits in their daily lives. In addition, meditation coaches earn a decent salary and enjoy the opportunity to define their working hours, while building relationships with people from different backgrounds.

How Much Can You Make?
$3,000 — $8,333,333/month
Average Initial Investment
$5,000
Skills

Griff Williams started MindEasy, a online course, over 3 years ago:

Case Study

Hey, I'm Griff, and I'm the founder of MindEasy. We create meditation courses and content designed to help people find their way into mindfulness and meditation in a personal way.

This is the problem I wanted to solve with MindEasy. Help people discover what they want to achieve with meditation and then help them approach it in a relevant and meaningful way.

i-left-my-old-career-started-a-meditation-online-courses-business

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Griff Williams, on starting MindEasy ($3,000/month) full story ➜

23. Build an iPhone app ($3.14K/month)

The iPhone is the most popular mobile device in the world. It has changed the way we interact with information, entertainment, and communication.

The iPhone has also changed the way we interact with each other. Since its release in 2007, it has become a staple in most people's lives. It is more than just a phone; it is a tool for staying connected to our friends and family and for creating new connections.

The iPhone app market is an ever-changing landscape of innovation: it's not just about making something that works well; it's about creating something that stands out from the crowd.

In order to succeed in this market, you need to have something that appeals to your audience. This can be as simple as making sure your app has a catchy name or as complex as developing an entire brand identity around your app's functionality.

How Much Can You Make?
$150 — $2,000,000/month
Average Initial Investment
$126,872
Time To Revenue
270 days
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Ryan Scherf started Payment for Stripe, a payment app, over 7 years ago:

Case Study

I’m Ryan Scherf, the founder of payment.co (@payment), an app built on top of the Stripe payment gateway for creating card-present charges. Payment is available on iOS and Android, and allows customers who have created online stores to easily collect payments in person, in the same account, with no barriers or card readers required.

The app launched in January 2015, and since has grown to process over $70M in volume annually. The app collects a 1% service fee on every single charge.

how-i-created-a-60k-month-app-that-collects-in-person-payments-through-stripe

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Ryan Scherf, on starting Payment for Stripe ($60,000/month) full story ➜

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

An SEO agency is a company that provides search engine optimization services to businesses. The function of an SEO agency is to help businesses rank higher in the search engines through organic or paid means.

SEO is a rapidly growing industry, with experts across all aspects of the field already making six-figure incomes and expecting to see these types of earnings grow dramatically over the next few years.  Getting into SEO today, before it gets too saturated, will allow you to establish a strong base in a new career, with a great chance for success.

It's easier than ever to start your own SEO agency. The tools are there and the competition isn't as stiff as it used to be. If you're considering starting an SEO or digital marketing agency it might be a good idea to learn how other digital agencies succeed.

How Much Can You Make?
$3,500 — $10,000,000/month
Average Initial Investment
$5,948
Time To Revenue
390 days

Alan Silvestri started Growth Gorilla, a SEO agency, about 4 years ago:

Case Study

Hey there! My name is Alan Silvestri and I’m the founder of Growth Gorilla, a link building service for SaaS companies (Software as a Service). I started the company end of summer 2018 so it’s been going for a little less than a year.

The company has grown from zero to 10k in monthly recurring revenue mostly in the last 7 months and most of our clients have stayed with us for a minimum of 4 months, so we’re pretty happy with how things are going and excited for the future!

how-i-started-a-10k-month-seo-link-building-agency

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Alan Silvestri, on starting Growth Gorilla ($25,000/month) full story ➜

25. Start a virtual assistant business ($176K/month)

Virtual assistants support businesses, teams, or individuals by performing administrative tasks remotely.

As more businesses outsource more roles, the demand for virtual assistants is growing rapidly. You can find employment opportunities across a wide span of industries.

How Much Can You Make?
$1,000 — $500,000/month
Average Initial Investment
$4,200
Time To Revenue
180 days
Skills
Business model

Julmar Grace Locsin started FVA Business Consultancy, a career coaching business, ago:

Case Study

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

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

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

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Julmar Grace Locsin, on starting FVA Business Consultancy ($1,000/month) full story ➜

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

Proofreading business is a service that helps customers review their written work, and ensure it is ready for publication. Typically, a proof reader corrects any grammatical errors and ensures the written piece meets any relevant style guide. If you plan to start a professional proofreading business, make sure you possess the following skills:

  • Have a great grasp of grammar
  • Ability to correct mistakenly capitalized words
  • Familiarity with the proper use of capitalization
  • Use spell-checkers to flag misspelt words

Proofreading is a great way to enhance content quality. With the increased use of written content marketing to reach wider market, the demand for professional proofreaders increases tremendously. Professional proofreaders earn an average of $12/hr. and $30/hr.

Therefore, whether you are looking for a great side hustle idea or simply looking for ways to increase your income, consider proofreading as a business.

How Much Can You Make?
Skills

Lenny Bron started The Blog Proofreader, a proofreader, about 6 years ago:

Case Study

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

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

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

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Lenny Bron, on starting The Blog Proofreader ($2,000/month) full story ➜

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

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

Cédric Sigoire started DEMAN Übersetzungen , a language translation service, about 7 years ago:

Case Study

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

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

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

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Cédric Sigoire, on starting DEMAN Übersetzungen ($550,000/month) full story ➜

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

Freelancer platform is a place where people come with skills and services to offer and people come who need those skills and services. So we can say freelancer platforms are a marketplace for sellers and buyers of services and skills.

The freelancing industry is growing rapidly and it's becoming a popular career option for people who are "non-traditional" employees. The global Freelance Platforms market size is expected to reach $6.7B by the year 2025. While working on a full-time job, freelancers simultaneously work on a freelance career. The platforms available online help them to increase their business by attracting new clients.

With all of the businesses looking for help on their websites, it would be a good idea to start a freelancer platform. Freelance platforms do well because people have jobs that need to be done and businesses have the resources to pay for the job at hand.

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

Al Caan started CloudDevs, a freelancer platform, over 2 years ago:

Case Study

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

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

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

-  
Al Caan, on starting CloudDevs ($100,000/month) full story ➜

29. Become a massage therapist ($240K/month)

Massage is a growing industry, and as such, there are many business options for those who want to enter this field. The most typical form of massage therapist business is an independent operation. This can be either out of one's home or a massage studio rented on an hourly basis.

Building a successful massage therapy business is not as difficult as you might think. Massage therapists offer much-needed services to communities and clientele. If you are looking for a new career or would like to increase your income while delivering an important service, then starting a new massage therapist business can be an excellent choice.

Turn your massage therapy practice into a successful business by applying core business skills that lead to success.

How Much Can You Make?
$2,000 — $240,000/month
Average Initial Investment
$31,000
Skills

Marike van der Velden started Society Service, a private escort firm, over 16 years ago:

Case Study

My name is Marike van der Velden and I am the founder and owner of the largest high-end escortservice in The Netherlands: Society Service. The service we offer is called the Girlfriend Experience, which means spending time with an escort will feel similar to spending time with a girlfriend. The experience is very intimate of nature and often includes eroticism, but this is not the main focus of the experience, merely the cherry on top. The social aspect of booking is just as important, if not more.

At any given time, there are around 55 male and female escorts working with Society Service. They cater to clients from all walks of life, from ambitious businessmen to nervous virgins and curious couples. The aim is to create a mutually enjoyable, memorable, and extraordinary experience. This experience does come with a price tag of at least $1,000 per booking, resulting in a multi-million dollar annual turnover.

Picture from the book I wrote: Escort Bible (in Dutch)

how-i-started-an-escort-service-at-21-that-now-generates-200k-month

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Marike van der Velden, on starting Society Service ($200,000/month) full story ➜

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

Dropshipping allows you to start your online e-commerce store without stock-keeping. Therefore, you do not need huge capital, and the risk is minimal because the manufacturer is responsible for the inventory and ships it directly to the customer. Therefore, your responsibility remains marketing and offering customer service. To succeed, you need a mastery of online marketing and a focus on improving customer experience.

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

Kamil Sattar started E-commerce Mentoring , a business coach, over 5 years ago:

Case Study

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

That’s the best part of it. The techniques that I have learned are replicable. You can rinse and repeat and create new drop shipping stores.

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

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

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Kamil Sattar , on starting E-commerce Mentoring ($100,000/month) full story ➜

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

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

Mony Raanan started Voice Crafters, a voice over service, over 13 years ago:

Case Study

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

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

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

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

32. Start a socks business ($295K/month)

Socks are a low-cost, high-profit business. One of the more affordable businesses you can start.

The market itself has a size of 47 billion USD in 2020 with an annual growth rate of 6%..

If you want to be successful in this industry, it is important that your socks are comfy to wear and stylish to look at. People would want to wear socks that will make them look great without sacrificing comfort.

How Much Can You Make?
$2,500 — $1,000,000/month
Average Initial Investment
$24,600
Time To Revenue
210 days
Time Commitment Per Week
Min. 10 hours/week
Skills
Interests

Dane Jensen started Sock Club, a socks business, about 11 years ago:

Case Study

Hi, Dane Jensen here, my business partner Noah and I run Sock Club. Our flagship product is socks of course. We started Sock Club as a monthly subscription where we would deliver a pair of unique socks to our customers every month. As we’ve grown we’ve developed a manufacturing supply chain here in the United States. Having the ability to make our own socks made it possible to enter the new market of custom socks. Now making custom socks is 90% of our business and the subscription 10%. Last year we did $12M+ in revenue and we plan to do more than that this year.

how-i-started-a-1m-month-business-selling-custom-socks

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Dane Jensen, on starting Sock Club ($1,000,000/month) full story ➜

33. 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?
$100,000 — $3,000,000/month
Average Initial Investment
$100
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Adam Shlomi started SoFlo Tutors, a tutoring business, over 3 years ago:

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

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

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

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

Eduard Stinga started VideoPlasty, a stock video business, over 5 years ago:

Case Study

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

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

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

-  
Eduard Stinga, on starting VideoPlasty ($10,000/month) full story ➜

35. Start a social media management business

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

Amanda Shepherd started Social Media Manager Society, a career coaching business, almost 2 years ago:

Case Study

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

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

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

-  
Amanda Shepherd, on starting Social Media Manager Society ($15,000/month) full story ➜

36. Start an online retail store business

How Much Can You Make?
$90,000 — $62,500,000/month
Skills

Michael Hagen started Hagan Ski, a ski touring gear, almost 12 years ago:

Case Study

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

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

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

-  
Michael Hagen, on starting Hagan Ski ($90,000/month) full story ➜

37. Start a restaurant

How Much Can You Make?
$15,000/month
Average Initial Investment
$5,000
Skills

Beth Baxter started Camper Cafe, a restaurant, about 11 years ago:

Case Study

My name is Beth Baxter and I co-founded Camper Cafe, a mobile coffee van business. The idea for our business started with my partner’s love for vintage VW campervans. He had a rusty old shell of a T25 Campervan given to him, that he wanted to convert into a trailer for his motorbikes.

Although we never really thought about this ever becoming more than just a lifestyle business, we found we were turning so much work away from that in 2019 when the company was turning over around £150k from working only 70 days of the year, we decided that I should go full-time to see the potential.

we-built-a-coffee-shop-in-a-van-that-makes-180k-year

-  
Beth Baxter, on starting Camper Cafe ($15,000/month) full story ➜

38. Start a business support services

How Much Can You Make?
Skills

Delali Dzirasa and Stephanie Chin started Hutch, a consulting business, ago:

Case Study

Hutch, founded by Fearless in 2019, is an intensive 24‑month program located in Baltimore, MD that provides minority and women entrepreneurs with a blueprint for building successful and impactful government digital services firms. The program equips businesses with the tools, mentorship, and peer-to-peer support they need to thrive in the world of government contracting.

To date, Hutch has 9 graduates, 11 company founders in our current 2 cohorts, and 20 companies total within our portfolio. Hutch is the only company of its kind led by industry experts with years of experience in digital transformation and government services.

we-created-an-80k-year-incubation-program-to-help-minorities-and-women-entrepreneurs

-  
Delali Dzirasa and Stephanie Chin, on starting Hutch ($6,800/month) full story ➜

39. Start a restaurant

How Much Can You Make?
$15,000/month
Average Initial Investment
$5,000
Skills

Beth Baxter started Camper Cafe, a restaurant, about 11 years ago:

Case Study

My name is Beth Baxter and I co-founded Camper Cafe, a mobile coffee van business. The idea for our business started with my partner’s love for vintage VW campervans. He had a rusty old shell of a T25 Campervan given to him, that he wanted to convert into a trailer for his motorbikes.

Although we never really thought about this ever becoming more than just a lifestyle business, we found we were turning so much work away from that in 2019 when the company was turning over around £150k from working only 70 days of the year, we decided that I should go full-time to see the potential.

we-built-a-coffee-shop-in-a-van-that-makes-180k-year

-  
Beth Baxter, on starting Camper Cafe ($15,000/month) full story ➜

40. Start a fertility business ($75K/month)

Starting a fertility business from home can be quite profitable, but you need to do a lot of legwork before trying to sell yourself and your services to potential clients for the first time.

Being a highly specialist industry, with high turnover and profit margins, as well as an increased public awareness of the need for accessible fertility treatments, starting your own fertility business is something you ought to consider. Starting a fertility business gives you plenty of flexibility, but it's important to do your homework before making a huge decision.

How Much Can You Make?
$150,000/month
Skills
Business model

Alastair Kennett started Optimale, a fertility business, almost 5 years ago:

Case Study

Hi everyone! My name is Alastair Kennett and I’m one of the two founders of OptiMale. My brother David and I founded OptiMale just over 2 years ago. OptiMale is a testosterone replacement and men’s health clinic which provides effective treatment to men across the UK who suffer from low testosterone and fertility issues.

We have seen a growth of over 850% since our first year with both a massive increase in our number of monthly subscriptions and blood test sales.

how-two-brothers-started-a-testosterone-replacement-business

-  
Alastair Kennett, on starting Optimale ($0/month) full story ➜

41. Start a furniture wholesale distribution business

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

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

42. Start a grocery store

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

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

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

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

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

43. Start a zapier consulting agency ($168K/month)

People are buzzing about Zapier and its potential to be a game-changer in the Salesforce ecosystem. So you should get ahead of the curve and start your own Zapier consulting business.

The growth of the internet and technology has made new firms and industries possible. Zapier is an excellent example of how you can be an agent of change that comes with great income potential. Zapier's estimated annual revenue is currently $122.5M per year. Thousands of companies rely on Zapier today for everything from product development and IT operations to marketing, sales, and support.

How Much Can You Make?
$5,500 — $330,000/month
Average Initial Investment
$1,000
Time To Revenue
360 days
Skills
Business model

Andrew Davison started Luhhu, a zapier consulting agency, over 3 years ago:

Case Study

My name is Andrew Davison and I’m the founder of Luhhu, an agency I built as a result of accidentally stumbling into a freelance career as a Zapier expert. We help businesses of all types and sizes automate their processes using Zapier.

A job well done for us is a client that ends up saving a significant chunk of time each day on the boring stuff that comes with running a business.

how-i-started-a-5-5k-month-zapier-specialist-agency

-  
Andrew Davison, on starting Luhhu ($5,500/month) full story ➜

44. Start a marketing agency ($587K/month)

Marketing agencies can be a great option for businesses looking to advertise in different ways. For businesses, hiring a marketing company can help them achieve success as they don't have to spend money on employees or needed equipment. Marketing agencies are not inexpensive and there are many different variables that come into play when deciding which one is the best fit for your business.

You want to start a marketing agency, but don't know where to begin. You're not alone, there are thousands of entrepreneurs across the globe that have the same ambition. Luckily for you, compiled a list of how other agencies were able to grow their agency and scale effectively.

How Much Can You Make?
$1,300 — $8,500,000/month
Average Initial Investment
$29,754
Time To Revenue
330 days

Jeremy Enns started Counterweight Creative, a podcast, about 6 years ago:

Case Study

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

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

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

-  
Jeremy Enns, on starting Counterweight Creative ($16,000/month) full story ➜

45. Become a digital product designer ($10.5K/month)

A digital product designer is a multidisciplinary professional who is involved in the creation of digital products. A digital product designer is responsible for the whole process from an initial concept to the launch of a product.

Many designers are looking for how to make a living with their designs. They want to build websites, sell products online, and be as productive as possible. It's hard these days because there are more designers than ever working on the same projects. But with some basic actionable techniques, you will easily succeed in creating a sustainable digital product design business.

Starting a digital product designer business is a great side hustle for graphic designers looking for an alternative to freelancing. The idea is simple: grow a portfolio of user interface design PSD templates and sell them to new businesses.

How Much Can You Make?
$10,500 — $300,000/month
Average Initial Investment
$1,000
Skills
Business model

Andrew Askins started Krit, a freelance app developer, about 8 years ago:

Case Study

Hi, I’m Andrew 👋I like to joke that I’m a jack of all trades and master of pun…

  • An attorney take her legal tech startup from $0 to $1M in Annual Run Rate.
  • A 71-year-old financial consultant build his first tech company and close customers like Yale, Brown, NYU, and Dartmouth.
  • A doctor in Texas launch the first HIPAA compliant text messaging service.
  • A photo booth startup build tools that are used by Amazon, Uber, Red Bull, NBC, the NFL and more.

how-i-started-a-69k-month-software-agency-after-a-failed-product-launch

-  
Andrew Askins, on starting Krit ($91,000/month) full story ➜

46. Start a food processing business

How Much Can You Make?
$52,944/month
Skills

Connor Meakin started Bluebird Provisions, a online food business, over 3 years ago:

Case Study

I’m an elite ultramarathon runner, the world’s best wolf-dog dad, and the founder of Bluebird Provisions Bone Broth, North America's fastest-growing bone broth brand.

Now we’re doing 49,000 per month and growing 50% year over year. Our customers are active individuals aged 30-60 who are looking for natural ways to get better skin, and gut health and improve joint pain. We’ve increased our customer base by 5000% since we started.

how-i-healed-my-injury-with-bone-broth-and-bootstrapped-a-540k-year-business

-  
Connor Meakin, on starting Bluebird Provisions ($52,944/month) full story ➜

47. Start a hotels business

If you are considering starting a hotel, then it is time to set your plan into action. There are five key elements to understand if you want to succeed in this industry: location, size, budget, experience, and market demand.

Here are some tips to consider prior to forming a hotel:

  • Name your business
  • Decide on a marketing strategy
  • Start by renting out a room in your home.
  • Hire a business capital broker
  • Try AirBnB
  • Make a marketing plan
  • Offer complementary services

48. Start an email marketing business

How Much Can You Make?
$4,000 — $33,166,667/month
Average Initial Investment
$10,628
Time To Revenue
90 days
Skills
Business model

Chase Dimond started Boundless Labs, a email marketing business, about 4 years ago:

Case Study

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

Since starting Boundless Labs 18 months ago, we have driven over $25 million (and growing rapidly) in email attributable revenue for our clients. Most of our clients generate ~30% of their total revenue from our email work. Our 5 highest performing clients are generating 45+% of their total revenue from our email work.

From launching in June of 2018 through the first half of 2019 our “agency” was making $40K per month (fees our clients paid us). The reason I put the agency in quotes is that during our first year in business my business partner and I were just focused on having a great time with no intentions of building a true agency.

Additionally, in my personal life, I got engaged in 2018 and married in June of 2019 so I was very focused and busy with that. Once I got back from my honeymoon at the end of Q2 of 2019, we realized we had a huge opportunity to scale the business. Clients love us as people equally as much as they love our work which has led to a majority of our client acquisition coming from referrals (more to come on this in later sections).

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

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

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Chase Dimond, on starting Boundless Labs ($200,000/month) full story ➜

49. Start a youtube channel

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

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

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

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

Chhavi Agarwal started Mrs Daaku Studio, a youtube channel, about 4 years ago:

Case Study

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

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

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

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

50. Start a day spa business

How Much Can You Make?
$250,000/month
Skills

Gary Oberoi started ZZ DAY SPA INC, a day spa business, over 4 years ago:

Case Study

Hello guys, my name is Gary Oberoi and I founded ZZ Day Spa 3.5 years ago. The goal was to make it the most customer-centric day spa in the world.

Our goal was to create a place for customers to not only come and receive a “service” but enjoy an “unforgettable experience.” To that end, we focused all of our efforts.

how-i-bootstrapped-my-way-to-a-3m-year-day-spa-business-in-new-york-city

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Gary Oberoi, on starting ZZ DAY SPA INC ($250,000/month) full story ➜

Pat Walls,  Founder of Starter Story

Want to start your own business?

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

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

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

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

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