Small businesses are thriving and so are small business ideas! According to a recent survey, almost half of Americans say they want to start their business someday. In addition to the growing number of independent workers, this is also because more than ever before, people are living in smaller spaces and wanting to start their own businesses from their homes or smaller businesses. As with any other new venture, starting a small business can be intimidating and scary. Whether it’s a small coffee shop, a real estate agency or just window cleaning Spokane, it may be challenging to start! However, with patience and persistence, you can feasibly succeed at it! Here are some successful small business ideas for budding entrepreneurs in the coming year.
Table of Contents
Become an Influencer
Millennials have a big need to be heard and seen. Brands are scrambling to find ways to reach this coveted demographic. A strategy to do so? Get influencers to authentically talk about your product. You can pay influencers or offer them vouchers or products in exchange for testimonials. One of the most successful ways to get started as an influencer is to partner with a large brand and create branded content. This will help you create a strong name for yourself in the influencer world.
Open a Coffee Shop
Though it might seem like a good idea to open a frozen yogurt shop or a cookie shop, opening a coffee shop might be a better idea for you. Contrary to popular belief, coffee isn’t going anywhere. In fact, consumers are looking for more ways to incorporate it into their daily lives. A coffee shop is a classic startup idea that millennials have been dreaming of for years. With the recent growth of specialty coffee shops, opening one can be a great way to turn a profit. Sure, it might take a few months before you see any profits as a new owner, but once you’re profitable you can enjoy the excitement of seeing your customers every day.
Get Paid to Play with Gaming Platforms
If you’re a gamer, why not create your gaming platform? While it might sound complicated, it’s actually very simple. Start by choosing a gaming niche that’s been underrepresented. In other words, pick a genre of gaming that hasn’t seen a lot of attention lately. Once you’ve chosen your niche, you can use blockchain technology to bring gamification to your gaming platform. It’s important to note that gaming platforms are a great way to make money as an entrepreneur. You can use your platform to charge users for in-game purchases and create subscription-based gaming platforms, too.
If you’re someone who’s always looking to diversify business ideas, try dropshipping. This is when you buy products from suppliers like Alibaba or drop shipping sites like ShipFromUs, sell them online, and earn a profit. One of the best things about dropshipping is that you don’t actually have to own the products you sell. Instead, you can buy inventory from suppliers who already have the products in their inventory. This is a great idea for those who are interested in starting a micro-business. You don’t have to invest a lot of money to get started, and you can earn a good profit by selling products online.
Educate and Earn
If you know how to teach, there’s no better way to monetize your skills than through online teaching. You can create courses on Udemy, create video-based lessons on YouTube, or create interactive e-courses on platforms such as Coursera. Once you’ve chosen a teaching platform and a niche, the next step is to create engaging courses. You can use the course structure, course management, grading, and scheduling tools to help you create great courses.
If you love animals, why not become a professional pet groomer? You can create a mobile app that helps people find pet groomers near them and book appointments online. You can charge people by the hour or by the number of pets your company grooms. The good thing about this idea is that it’s easy to set up and easy to run. You don’t need to be a professional groomer to start, and you can create an online business around it. Pet grooming is a great idea for those who love animals and love to be around people. It can be a great way to make money and meet new people.
With more people than ever before choosing to live alone, it makes sense that more people are choosing to start their own businesses as well. Whether you’re interested in creating a service for a niche audience, starting a physical product line, or creating an online course, there are plenty of different small business ideas for budding entrepreneurs to try in the coming year. Start practicing your pitch and hone your networking skills today so you’re ready to take your business idea to the next level in 2022.