Author: Chris Porteous / Source: Lifehack
We live in a gig economy and more and more people are embarking on new business ventures for themselves. In 2016, nearly 34 percent of the workforce was made up of freelancers and that’s expected to rise to 43 percent by 2020.
Whether you’re looking to leave your full-time job behind or embark on a rewarding side hustle, it’s never too late to channel your entrepreneurial spirit.
Because we live in such a technology-driven society with the internet allowing us to connect with customers around the globe, launching and maintaining a startup business is easier than ever.Here’re 15 stellar startup business ideas for the burgeoning entrepreneur:
1. Online Coaching
If you know how to do something well and enjoy teaching others, launching an online coaching business can be one of the most rewarding business endeavors out there.
Whereas pre-internet, you would largely be limited to the people in the city you live in, a camera and internet connection is all that is needed to share your skills with the entire world.
Looking to get started?
- Write down three skills you’re really good at.
- Break them up into how-to steps.
- Begin putting lessons together.
Whether it’s offering dating advice, teaching music or yoga lessons, people are willing to pay for specialized coaching.
2. Social Media Management
If you haven’t noticed already, social media is everywhere and every business on the planet is looking to use it to expand their customer base. It’s how businesses attract new customers and keep existing ones informed about new products and services.
Creating social media posts for businesses and launching campaigns that truly go viral isn’t easy, but for those with a wild creative streak, it can be incredibly lucrative.
If you have experience in navigating the ever-changing social media landscape, the sky’s the limit for expanding your client base.
It should also go without saying that being an expert in social media strategy will prove incredibly useful in growing your own business.
3. Healthy Option Vending Machines
After years of unhealthy processed foods, we’re seeing a movement towards more health-conscious fare. It’s happening in the restaurant biz, and vending machines are likely next to ditch the empty calories.
Employers want their employees to stay healthy. It means fewer sick days and higher rates of productivity. It’s why so many businesses are looking to ditch the standard junk food vending machines and bring in healthier snacking options.
The healthy vending machine wave is already a strong $43 billion and growing industry and new entrepreneurs have the option of launching with a single machine or fleet of any size.
4. Flipping Websites
Flipping houses is so 2010. Plus, it’s incredibly hard labor and there’s no telling when the housing market is going to take another downward turn.
If you’re willing to do your research, flipping websites can equal some fast cash — though it does require some skill.
Through buying and selling domains on your own or using existing platforms like Flippa.com, this is a business with absolutely zero overhead. When you factor in that every new business is launching a website and a good domain name is everything, this online business will be around for quite some time.
5. Virtual Assistant
If it has the word “virtual” in the job title, then you can bet that it’s a growing industry. There are quite a few companies out there looking online for remote help and assistants are one of the leading roles they’re looking to fill.
As a virtual assistant, you’ll pick clients whom you enjoy working with and will manage their emails, schedule meetings, and complete other tasks that they need done in order to help their lives and businesses run a little smoother.
This startup industry should be especially appealing to somebody who is well organized and prides themselves on planning and helping others.
6. Crowdsourcing
It’s a term you’ll find littered throughout media outlets like Forbes and The Wall Street Journal, and for a good reason.
Renting is more popular than ever. People would much rather pay a few bucks to borrow X or have somebody do X task for them.
It’s precisely why mega crowdsourcing companies like Takl and Upwork are booming and long-established companies like Budweiser and Coca-Cola are embracing the trend.
Looking to launch your own crowdsourcing business?
- Build…
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