Nothing beats working for yourself. Even when you love your job and think that it’s rewarding, the satisfaction you get when you are your own boss is a completely different feeling. Not only is it more meaningful but it comes with so many benefits.
While thinking of starting your own business, the first thought that may have crossed your mind was probably, “What should I sell?” or, “Which market segment has the most money?” or even, “How do I start with my current skillset?” We have created a list of 80 startup business ideas that have been split into two categories: Product based business ideas and service-based business ideas.
We hope this gives you a little insight into the different segments that you could break into and what they would entail. Skill & Service-Based Startup Ideas Service Based Startup Business Ideas
1 . ONLINE ASSISTANT
Are you organized, can multitask and are meticulous about your work? Chances are that someone out there is looking for a virtual assistant with your skillset and would be willing to pay quite well. To start off, you can look for assistant jobs on platforms like Upwork or on remote working websites such as Jobspresso. This job is also a great way of making contacts in an industry that you want to eventually end up in. Furthermore, as an online virtual assistant, you decide your hours, can have a flexible schedule and you won’t be tied down to any location due to the remote nature of the work.
2 . BUYING WEBSITES
Just like stocks and property, in our interconnected world thanks to the internet, websites also have a really high value. Even as you read this, websites are constantly being purchased or sold for hefty prices. There are several factors that will affect the value of a site online, such as the domain name, the amount of traffic it receives, general popularity and profits that the site earns amongst other factors. While this business can be really lucrative, it requires an in-depth understanding of the market, however, once you understand how it works, you could potentially be sitting on a goldmine.
3 . REAL ESTATE VALUATION
Real estate valuation is a great job to have because you can decide how much you want to work, where you want to work from and these parameters will decide how much you earn. You don’t necessarily need a degree in this field but you should check if you require some kind of certification in the country or state that you want to operate in. Of course, apart from the certification, you also need to have a solid understanding of the market to be able to make a living for yourself in this field.
4 . GRAPHIC DESIGN
There is a huge demand for graphic designers in the market today. If you already have the existing skillset and knowledge of design platforms such as Adobe Illustrator, Photoshop or Sketch, then you can literally just sign up to Fiverr or Upwork or find remote jobs on websites such as Jobspresso. However, if you don’t have the required skills, you can always sign up to Skillshare and enroll in a graphic designing course and then practice through smaller gigs. Businesses need graphic designers to create logos, banners, social media posts, design campaigns, products and packaging and so many other smaller processes that we don’t even realize—so keep practicing and before you know it, you may be snapping up clients with the utmost of ease.
5 . WEB DEVELOPMENT
Web developers are highly valued due to their specific knowledge of a complicated subject. If you can master the basics of HTML, Python, CSS, Ruby and/or Javascript, and get some experience for your portfolio, you are all set to start your own successful web development business. You can further hone your skills or learn a new language on Treehouse.
6 . APP DEVELOPMENT
3.8 Million apps on the Android store, 2 million apps in the iOS store and every single day more new apps are being created and released. You can find an app for nearly anything: Some are useful, while others aren’t so much. Creating an app and launching it is a tedious process with a lot of hard work going into it—from the coding and development phase to creating a beautiful interface and providing the best user-experience possible. Furthermore, you might also want to market your app on social media. If your first app is a success this may launch you into a career in app development with some great projects in the future.
7 . AFFILIATE SALES AND MARKETING
This is a great idea if you are running a channel on YouTube and have decided that you would like to turn the views into revenue. The same can be done with a website that is generating plenty of traffic. All you have to do is join one of the big affiliate networks such as ClickBank or ShareASale and you can turn your existing content mediums into a source of passive income.