All it takes is one unique business idea (and sometimes a little money in a savings account to get started) and you could be there too. But coming up with an idea is the very thing that keeps a lot of people from moving forward at all.
The best business ideas are the simple ones that aim to solve a problem or fill a need. Good entrepreneurs are always asking ‘how can this be better’ or ‘what would fix this problem?’
1. Private Lesson Instructor
Music, sports, and dance are the most common types of lessons out there, but the possibilities are endless. What is something that you enjoy doing that others might like as well? You just have to be willing to teach and you can start your own studio one lesson at a time.
Get started teaching what you love with takelessons.com.
2. Event Planning
If you’re an organized person, you’ll probably do well with an event planning business. If you enjoy coordinating elements of weddings, parties, and other occasions, this could be a great side business for you.
Plus, there’s little overhead involved, which means more money in your pocket. Read how PT started his conference business.
3. Personal Trainer
If you spend a lot of time in the gym, why not capitalize on it? People make promises at the beginning of each year to get in shape, so be ready to heavily promote your services in November and December.
You’ll also need to be ready to get people in shape for the summer, so make sure to get the word out around March each year. If you really want to make money with economies of scale, create a ‘boot camp’ class and charge admission.
Related: 9 of the Most Successful Small Businesses
4. Mobile Detailing
This was one of the first businesses I started as a teenager and actually lasted through college.
The start-up costs were less than $100 and you could easily make that with one or two jobs. Don’t limit yourself to cars and trucks – think bigger and target people with boats, planes, and RVs.
Buy a detailing starter kit and get going.
5. DJ for Events
How many weddings have you been to with a terrible DJ? If you have an ear for music and throwing parties, you might consider starting a business as a DJ. Read more about becoming a DJ.
The door to technology is wide open today giving video production aficionados the ability to use their creativity for profit.
A good quality HD video camera, sound equipment, and video editing software can put you on your way to creating online videos and even TV commercials for local businesses. You can even stay small scale and target small events like weddings and graduations.
7. Massage Therapy
Opening a spa could be a great business if done right. Obtaining your massage therapy certification can take a few months, but it may be the ticket to a great side business.
8. Lawn Care Business
One of my first businesses after college was a lawn care business. It’s surprisingly easy to get started as long as you’re willing to do the work. The biggest hurdle was battling the changes in weather, but it was a good business overall.