Online Business Ideas Ranking: The Top 100 Ways to Make Money Online in 2024

Written by Zoe King ✏️

Last updated May 22, 2024
What are the best ways to make money online in 2024? In this report, we rank the top 100 online business ideas that can make you rich!

This is the most detailed list of the top 100 online business ideas that can help you make money online, ranked based on true statistics, extensive study, and trusted expert opinion.

Unlike most “list of business ideas” scattered all over the internet, this report tells you what’s working right now and will continue to work in the future.

If you’re looking for small business ideas that are both recession-proof and still effective in the post-COVID era, this is it.

Each business idea in this report comes with the following pointers to help you see if the idea is right for you.

  • Earning potential: for showing the average monthly income the business idea can potentially generate.
  • Capital requirement: for showing whether a business idea requires “High” or “Low” investment in terms of the starting capital.
  • Suitable for: for showing the most likely persons best fit for operating the business, including “Kids & Teens” “College Students” “Gen Zs” “Millennials” and “Stay-at-home Parents”

We’ve also included “Key Data To Note” for each business idea, which gives more in-depth information that’ll help you understand the opportunity better.

What are the Top Online Business Ideas?

 

So, which online business should you start? Here’s the answer!

1. Generate Income with Affiliate Marketing

Work as Video Editor

Affiliate marketing is a kind of performance-based marketing in which you promote products or services of other companies and earn a commission whenever someone makes a purchase through your link. It could be one-off purchases or recurring subscriptions.

It’s a great way to generate passive income, as you don’t need to create your own products or services. And it’s also relatively low risk, as you’re not investing any money upfront.

There are a few things to keep in mind when starting an affiliate marketing business, such as choosing the right products and services to promote and building an audience that is interested in what you’re promoting.

Earning potential: $3,000 – $500,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Reports say about 81% of brands now have affiliate programs, which means affiliate marketers have more than enough products and services to promote.

2. Start a Blog

Blogging is one of the most brilliant online business ideas. It’s a great way to earn passive income and can be a fun way to share your thoughts, experiences, and knowledge with the world.

A blog requires regular useful content and can be monetized with affiliate marketing, ads, consulting and coaching, services, paid digital products such as online courses, premium content and membership, and what have you.

One great thing about starting a blog is that it’s relatively easy and inexpensive to get started.

With a modest investment in a domain name, web hosting from providers like Cloudways or Kinsta, and a WordPress theme and page builder such as Divi, your blog can go live in less than an hour.

Once your blog gains momentum and reaches a certain point, it has the potential to generate passive income on autopilot for years to come.

Earning potential: $30,000 – $100,000+ per month

Capital requirement: $100

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: There are over 600 million blogs on the internet based on activities reported by WordPress, Tumblr, Blogger, Wix, Squarespace, and Medium. At least 77% of these blogs generate income.

3. Create and Sell Online Courses

An online course is just like an in-classroom course except that you teach online via text, visual, video, and audio assets. People would have to pay to access your live classes or pre-created lessons.

You can create dozens of courses, stick to one flagship course, or even find an online course with Master Resell Rights (MRR) to resell for 100% of the profit. Your course could be on any topic, as long as you’ve mastered that topic, can provide value, and there are people who are willing to pay to learn it. 

Online courses can be created, marketed, sold, and delivered through MOOCs like SkillShare or using course platforms such as Podia.

Online course is such a cool business idea because once you’ve put the initial efforts into creating the course, you can keep selling it automatically to more and more learners without having to do any more work. Talk of scalability.

Earning potential: $1,000 – $100,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Data from the E-Learning Global Market Outlook Report projects that the global e-learning market will reach $398 billion by 2026, up from $176 billion in 2017.

4. Launch a YouTube Channel

Vlogging is the video version of blogging. It involves publishing videos on YouTube or on your own website.

YouTube has over 2. 2 billion logged-in users who visit the platform each month, and every day people watch over a billion hours of video and generate billions of views.  You can leverage the opportunity to earn money via AdSense, sponsored videos, YouTube affiliate marketing, and even selling your services/products via your channel.

You can go a step further by joining the YouTube Partner Program (YPP) which can open up your channel for new income streams including advertising revenue, channel memberships, merch shelf, super chat & super stickers, and YouTube premium revenue.

Earning potential: $3,000 – $2,500,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students, Teens & Kids

Key Data To Note: YouTube is the second most-used search engine in the world (after Google.com) with 91.9% of people ages 16 to 64 saying they watch YouTube every week, totaling 14.3 billion visits per month.

5. Offer Consulting

If you’re a subject matter expert in a particular field, you can earn income by providing technical, creative, or professional advice and expertise to clients.

There are several reasons why clients hire consultants. Seeking advice on how to overcome challenges and improve business performance are at the top of the list.

There are several segmentations in the consulting industry, so you’ll need to decide what area you want to specialize in, including management consulting, financial advisory, marketing consulting, strategy consulting, IT consulting, and so on.

In fact, no matter what industry you’re in, there’s likely a need for consultants, as long provide value and solve problems for clients. So if you have the skills and expertise to offer, this could be a great business idea for you.

Earning potential: $10,000 – $300,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Consultancy.org reports that in 2011, the consulting industry was valued at $205 billion. Since then, the market has grown with an average compound annual growth rate of 4.1% to a value of $251 billion in 2016.

6. Become an Online Coach

Coaching involves hand-holding other people or businesses through a journey to attain a specific goal. It involves working closely with them and provisioning careful support or guidance while they’re taking action to improve their life or business in some way.

The great thing about becoming an online coach is that you can pretty much coach people on anything, just as with consulting. This can be in the form of business coaching, relationship coaching, leadership coaching, financial coaching, wellness coaching, life coaching, career coaching, spiritual coaching, and more.

The possibilities are endless. The bottom line is that you’re an expert who knows so much about a certain field and you are getting paid to dispense that knowledge to others with the goal of transforming their situation.

And since everything is done online, it’s possible for coaches to connect with clients from all over the world. Being a knowledge-based business, it’s relatively easy to get started.

Earning potential: $10,000 – $200,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: The International Coach Federation (ICF), the coaching industry trade group and international body estimates in their 2020 Global Coaching Study (conducted by PwC) that there are 53,300 part-time and full-time coaches globally, up from 47,500 in 2011. About 92% of these are active.

7. Start a Business Around AI

Artificial Intelligence (AI) is one of the hottest topics in tech right now. In fact, online mentions of AI have increased by more than 700% year over year after the advent of ChatGPT.

Industry experts believe AI will change the way we live our lives, do business, and interact with the world around us. It’s predicted that AI will impact business and the work environment even greater than the Internet has done in the past decades.

The biggest tech companies are placing huge bets on AI, investing billions of dollars on things ranging from conversational AI and AI art generators to face-recognition technologies, automatic order-placing refrigerators, autonomous vehicles, and even computerized coffee tables.

You can start your business around AI software and apps, artificial intelligence development, AI-powered hardware products, AI-based B2B and B2C services, AI chatbots, and automated customer service, or you can become a robotic process automation (RPA) developer/engineer, amongst other ideas.

Earning potential: $5,000 – $1,000,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Management consulting giant PriceWaterhouseCoopers reported that “AI, robotics and other forms of smart automation have the potential to bring great economic benefits, contributing up to $15 trillion to global GDP by 2030.”

8. Invest in the Metaverse

The metaverse is essentially the convergence of virtual, augmented, and physical reality; a merging of the physical and digital realms in a way that blurs the line between your interactions online and in real life.

Termed the next evolution of the internet and social networks, this emerging digital universe lets people experience a parallel life to their real-world existence.

Online game makers, content creators, celebrities, digital designers, social networks and technology leaders are already capturing a slice of this historic opportunity.

You can join in by investing in virtual real estate (i.e buying “digital lands” in Decentraland, Sandbox, etc). You can do virtually anything with this land including developing your own property, renting it out, or just about any economic activity that’s usually associated with  real-world lands.

Other ways to make money in the metaverse are: investing in digital currencies used in the metaverse, designing and building properties as a metaverse architecture, investing in the stocks of metaverse-focused companies as these are growing rapidly, building advertisement centers, offering entertainment such as play-to-earn gaming, and so much more.

Earning potential: $5,000 – $1,000,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Ever since Facebook announced in October 2021 that they’re now a metaverse company, the technology has literally exploded. Analysts from Bloomberg say the global metaverse market could reach $800 billion by 2024 (as analyzed based on data from Newzoo, IDC, PWC, Statista, and Two Circles).

In another report, Citi says the metaverse economy could be worth $8 trillion to $13 trillion by 2030.

 

9. Launch a Blockchain-based Business

Blockchain technology is commonly associated with Bitcoin, Ethereum, and other cryptocurrencies, but that’s only the tip of the iceberg. As a peer-to-peer technology that allows decentralized distribution and transaction, blockchain technology can be applied across several industries such as finance, healthcare, politics, security, real estate, education, etc.

Whether you want to specialize in developing blockchain architectures, build a startup with a blockchain-powered solution or even to “HODL” promising new coins, there is a business model for you in blockchain.

You can build a Blockchain-as-a-Service (BaaS) solution for businesses to build and host their own blockchain apps, smart contracts, etc. Some other viable options include creating Blockchain-based software products, building a Blockchain platform/cryptocurrency exchange platform, and offering Blockchain professional services such as dApp development.

Earning potential: $5,000 – $500,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The global blockchain market is projected to grow from $7.18 billion in 2022 to $163.83 billion by 2029, at a CAGR of 56.3% in forecast period, 2022-2029.

10. Specialize in SEO

Search engine optimization (SEO) is the process of optimizing a website or web page to rank higher in search engine results. This is done through a variety of techniques, including on-page optimization (such as keyword research and meta tags) and off-page optimization (such as link building and backlinking).

When a website ranks higher on search engines, it gets more and more visitors. These visitors might potentially convert into paying customers for the company that owns the website. Thus, businesses are willing to spend tons of money on SEO to improve their website’s ranking and get more traffic.

SEO is a complex and ever-evolving field, which means not everyone can do it. But it is in high demand. If you can help these businesses to organically rank higher than the competition, then you can make a lot of money as an SEO specialist.

Earning potential: $7,000 – $150,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The number of searches conducted on Google each day is now over 9 billion, which equates to people searching 104,000 times per second and over 3.28 trillion searches a year.

11. Start Your Own Online Store

With the rise of eCommerce, more and more people are shopping online for everything from groceries to clothes to furniture. And as the trend continues, the demand for online stores will only grow.

An online store allows you to sell physical products online directly to consumers via an eCommerce solution like Shopify, WooCommerce, and others.

You have to find out the trending products that are selling online in your niche and source for suppliers who can provide you with those products at a good price. Then, set up your store, add your products, and start promoting them to drive traffic and sales.

It’s not a very difficult business to get into, but it does require some effort and planning. However, if done right, it can be a very lucrative business indeed.

Earning potential: $5,000- $500,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students, Teens & Kids

Key Data To Note: In 2020, over two billion people purchased goods or services online. Data also shows that at least 75% of people shop at least once a month. E-Commerce sales are predicted to hit $9.2 trillion by 2027.

12. Start a Business Around Health and Wellness

In everyday life, health is one of the most vital phenomena. This is reflected in the increasing popularity of activities such as yoga, meditation, and healthy eating.

Aging and growing populations, higher rates of chronic health conditions, and exponential but costly advances in digital technologies will continue to push global healthcare expenditures upward.

If you have a passion for health and wellness, then you can start a business around this trend. There are many different ways to do this. You could start a blog or podcast about health and wellness, provide virtual fitness training, create a line of health and wellness products, offer corporate wellbeing help to organizations, or even provide online medical services.

Earning potential: $1,000- $100,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Recent research reveals that Earth’s population has surpassed 10 billion individuals. Notably, a prevailing commonality among this vast populace is their shared concern for personal health and well-being, with a significant majority prioritizing this aspect of their lives.

13. Create and Sell NFTs

Non-fungible tokens (or NFTs) are cryptographic assets that live on a blockchain in the form of unique files, representing ownership over digital art.

NFTs have suddenly grabbed everyone’s attention after the sale of the digital artwork called “Everydays: The First 5,000 Days” by digital artist Beeple for a record-smashing $69.3 million at Christie’s auction house.

However, artists aren’t the only ones who can make money from NFT. Being the latest blockchain craze to hit it big, different NFT stores, websites, startups, and applications have cropped up. You can even buy and sell NFTs or tokenize a physical asset or any digital property of value.

The potential is limitless. And in fact, NFTs can be anything digital (such as drawings, videos, music, or writing), although a lot of the current excitement is around using the tech to sell digital art.

Earning potential: $4,000 – $100,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The global NFT market size is expected to reach USD 211.72 billion by 2030, growing at a CAGR of 33.9% from 2022 to 2030.

14. Set Up a Data Science Company

In today’s world, data is money and data is the new goldmine. In other words, data is the currency that runs the information age. The more data you have, the greater wealth-power you possess. But it is not enough to have data. Companies with big data often need people to transform data into value. That’s why there’s a lot of demand for data professionals in today’s economy.

Data scientists harvest enterprise data, do some fancy magical math stuff to it, then spit out actionable insights in the form of trends, patterns and discrepancies/outliers. A data Scientist may also specialize in high-level data manipulation, including writing complex algorithms and computer programming. 

If you have what it takes to examine large and varied data sets to uncover information such as hidden patterns, customer preferences, unknown correlations, and market trends that can help organizations make informed business decisions; if you have what it takes to forecast the future based on past patterns of data and extract meaningful information from various data sources, then you can make money online providing this service to organizations.

Earning potential: $4,000 – $400,000+ per month

Capital requirement: Low

Suitable for: Millennials, Gen Zs

Key Data To Note: LinkedIn conducted a study which found that data scientists are the #1 most promising job in the US. Data scientist has been among Glassdoor’s top 3 best jobs for the past decade, seeing job growth surge 480%. Havard Business Review terms it “the sexiest job of the 21 century.”

15. Self-Publish Your Own Books Online

Self-publishing is when you write and publish a book online by yourself as the author, without using a publishing agency. You’ll find lots of self-published books on Amazon.com, for instance.

It could be an eBook or a hard copy that uses print-on-demand (POD) technology. Self-published books come in many forms — fiction, informative books, cheat sheets, guidebooks, self-help, memoir, and so much more.

Selling ebooks is about being specific and having the right message targeted to the correct audience. If you do it well, you can go on holiday and still get paid. You could be lost at sea and still earn an income, and you can wake up every day with new sales made automatically. It isn’t easy, but it is certainly worth it.

Earning potential: $1,000 – $50,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Online publishing indudtry revenue is expected to show an annual growth rate (2022-2027) of 4.07%, resulting in a projected market volume of $30.36 billion by 2027. The largest segment in ePublishing is eBooks, with a market volume of $13.62 billion this year.

16. Become a Freelance Writer

If you have a way with words, then the world is waiting to pay you for your skills. Most people do not have either the time or aptitude to put words together; they’re always on the lookout for brilliant writers who can help them create content for their websites, blogs, email newsletters, SEO campaigns, eBooks, marketing materials, and so on. These clients range from small and medium-sized businesses to authors and blogs.

There are a number of approaches you can follow — freelance writing, ghostwriting, or even freelance blogging. You might also choose to position yourself as an expert in a select niche either as a technical writer, business writer, health writer, food writer, finance writer, and so on.

Writers can charge anything between $150 – $1,000+ per article depending on factors such as experience, research requirements, topic difficulty, scope creep, content length, and SEO knowledge.

Earning potential: $2,000 – $10,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Freelancing Hacks reports that freelance copywriters earn over $250 per hour. 64% of B2B marketers outsource blog copywriting (Source: TopRank). Writing content is the most commonly outsourced content marketing activity (Source: MarketingBuddy) as over 90% of B2B marketers now use content.

17. Generate Leads for Local Businesses

Businesses are always looking for new customers, but most businesses do not have either the time or skills to effectively find leads. Thus, they are always willing to pay savvy lead generation service providers a premium for well-qualified leads.

As a lead-gen business, your job will be to gather high-quality leads using different digital marketing strategies and put those leads at the disposal of your clients.

For instance, you may decide to target local businesses as your clients. In that case, simply set up a website targeting local buyers (example: home decor in Milan) using local SEO techniques. Set up a contact channel like phone number or email and automatically pass leads onto the client. You can use a tracking system to keep track of every phone call or email you generate for your clients.

This way, you’d simply build an automated system that includes a lead funnel and use local SEO to automatically drive leads to clients. And by targeting local leads, you eliminate competition.

Earning potential: $5,000 – $100,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: According to 85% of B2B companies, lead generation is the most important marketing goal. Yet, 68% of B2B businesses struggle with lead generation. It’s not surprising that 53% of marketers spend 50% or more of their budget on lead generation.

18. Build and Sell Apps on App Stores

Open your phone’s app drawer one more time and look at it: 99% of the apps you see there are people’s businesses. And you’ve been carrying them in your pocket without necessarily thinking in this regard.

What’s the point of this? If you have a great idea for a mobile app, you can turn it into recurring revenue by creating and monetizing the app on places like the Play Store and iOS App Store. Once you’ve created your app, coupled with an effective marketing strategy, you’ll be making money in your sleep.

Once your app is ready, you can monetize it by charging users a recurring subscription or a fixed fee to access the app or its premium components; or by placing third-party ads within it for users to interact with. You may otherwise choose to sell your services within the app.

Some hot selling app ideas include business/financial mobile apps such as payments, eCommerce, forex trading apps; lifestyle mobile apps such as fitness, music, dating, travel, food apps; productivity/utility apps; mobile games and entertainment apps; education/news/information/social apps.

Earning potential: $1,000 – $100,000+ per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Google announced for the first time that they’ve paid Android developers over $80 billion in earnings (as of 2019) since the launch of the Android Store in 2008. Also in January 2020, Apple confirmed that iOS developers have earned up to $155+ billion since the inception of the App Store in 2008, with a quarter of those earnings coming in during the previous year alone. Apparently, the market has grown significantly ever since then. Global mobile app store consumer spend reached $170 billion in 2021, according to App Annie’s State of Mobile 2022 report, up from $120 billion in 2019.

19. Develop Software / Mobile Apps for Businesses

If coding or programming is your thing, then you can put those skills into helping businesses and entrepreneurs who need help developing computer software and web applications. You can either work as an independent contractor or even start a software development agency.

A software company generates its revenue through project fees, maintenance and support services, and software licenses.

You can decide to specialize in any of the software development specialties including DevOps, enterprise architecture, full-stack, server-side, front-end, software architecture, or software engineering.

If you are ready to take your mobile  coding skills out there and start making money, then you can become a freelance mobile app developer.

You will either be working directly with businesses or partner with a mobile app development outsourcing agency, especially if you don’t have the time to find clients yourself.

Freelance app developers are typically hired by companies who wish to extend their business into new platforms but do not have enough resources to build a fully functional in-house mobile development team.

Earning potential: $3,000 – $80,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Aside from being one of the highest-earning, most profitable markets globally, the software industry is also one of the biggest markets in terms of volume. It is projected to reach $824 billion by 2026. A study by Evans Data Corporation shows there were 23 million software developers worldwide as of 2018. This population grew to 27.7 million in 2023.

20. Become a Social Media Manager

We’ve seen some people literally live their lives on social media day in, day out. Some of them are even so skillful that they have thousands of followers and a single post could receive thousands of likes.

How about leveraging that skill to rake in some big bucks as a social media manager or social media marketer?

But you don’t necessarily have to have a history of heavy social media usage to get in the game. As long as you have extensive knowledge about various social media platforms and how they work, plus a firm grip over best practices and strategies that can be applied across platforms to achieve maximum impact, then you too could be making money as a social media manager.

A social media manager is a professional who builds, monitors, and guides the social media presence of a brand. She develops a company’s social media strategy, creates ad campaigns, and manages their social channels by engaging with followers and getting involved in the process of generating, curating, and posting content. She also tracks, analyzes, measures, and optimizes the results of the company’s social media efforts.

Earning potential: $1,000 – $25,000+ per month

Capital requirement: Low

Suitable for: Millennials, Gen Zs, College Students

Key Data To Note: With over 4.6 billion people regularly using social media platforms, ad spending on social media is projected to reach over $384 billion in 2027, growing at an annual growth rate of 11.24%.

21. Offer Cybersecurity / Ethical Hacking Services

A survey by KPMG reveals that 94% of companies view cybercrime as a major threat to business and that as much as 72% of the companies had faced some sort of cyberattack in the past. Surprisingly, 78% of these companies do not have a cyber-incident response plan in place.

Yet, report reveals there is a hacker attack every 39 seconds and that 75 records are stolen every second. That’s too many too fast, and it’s creating havoc in people’s finances. For example, estimated global losses from cybercrime were projected to hit nearly $1 trillion for 2020. This shows the world has entered into an era of cyberespionage.

Ethical hacking is the future. There will be lots of job and business opportunities for ethical hackers,”  says Mårten Mickos, CEO at HackerOne.

This increased cyber threat directly increases the demand for cybersecurity experts. In fact, projected growth rate for cybersecurity job roles over the next decade is 31%, the fastest rate among tech occupations.

Whether you want to begin as a cybersecurity startup or work as a solopreneur (freelance ethical hacker), you’d likely have enough opportunities in the market. You’d work with governments, civil organisations, and private firms to test their networks and servers for loopholes, bugs, and vulnerabilities to prevent the bad guys from encroaching. 

Think of it as digital policing, ranging from auditing and assessing the current state of information security to checking the effectiveness of the cybersecurity system by simulating hackers’ attacks, quickly recovering hacked systems, investigating security breach incidents, testing web penetration, monitoring network security, and even bug bounty hunting.

Earning potential: $5,000 – $100,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Forecasts show the global cyber security market size is expected to grow from an estimated value of $173.5 billion in 2022 to $266.2 billion by 2027, at a CAGR of 8.9%.


22. Become a Cloud Developer

Cloud development is one of the most in-demand skills around the web. It involves developing the cloud architecture for building and designing cloud delivery models such as SaaS, PaaS, IaaS, apps, and websites to be delivered remotely on demand. 

There are only a handful of major cloud computing providers — Amazon Web Services (AWS), Google Cloud Platform, IBM Cloud, Alibaba Cloud, Oracle Cloud, Azure — and each one requires specialized knowledge to develop.

You can go general or choose one platform and become a master in it. You can even become an expert in emerging cloud computing technologies such as edge computing or fog computing.

But basically, you’d use these providers to deliver computing services — compute power, servers, storage, databases, content delivery, application development, networking, software, analytics, intelligence, and more — over the cloud to help businesses gain faster innovation, better growth, flexible resources, and economies of scale.

Earning potential: $5,000 – $150,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: There’s a lot of money moving about in cloud computing. For instance, Apple pays Amazon more than $30 million each month to deliver iCloud and other Apple services to consumers. Lyft and Pinterest on the other end will spend more than $1 billion combined on AWS in the next few years. In fact, cloud computing is a 480-billion-dollar market.

23. Start a Dropshipping Business

This is a form of eCommerce that does not require handling the inventory or shipping the product.

In the simplest of terms, you’re sort of the “middleman” between the customer and supplier. You take product photos from the supplier (wholesalers or manufacturers), add product descriptions and prices, and when a customer places an order, you simply get the supplier to ship the products directly to the customer’s door.

It requires a low capital outlay, low costs of start-up and operation, and offers a less risky way to test products as you never get to purchase a large inventory or even see the product. The item flows directly from the supplier to the buyer while you only handle the marketing and administration. Oh, and the money!

While this method saves you the trouble of having to hold stock and process and ship orders, it means you’d have less control over order fulfillment and lead time as well as heavy reliance on other people’s inventory.

Earning potential: $3,000 – $300,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The global dropshipping market is forecast to reach $476.1 billion in 2026, from $128.6 billion in 2020, growing at an annual growth rate of 24.39% between 2021 and 2026.

24. Provide Managed IT Support and System Administration

System administration and managed IT support are simply about managing software systems for organizations and providing help desk support and technical assistance related to computer systems, hardware, and software.

The task is performed by a system administrator (SysAdmin) and support expert who monitors system health, allocates system resources like disk space, performs backups, provides user access, manages user accounts, and takes care of system security. They also install, configure, test, debug, administer, maintain, upgrade and document computer systems.

Businesses that’ll hire you are mostly remote organizations running a bunch of computer systems but are not big enough to recruit an entire in-house IT team.

Earning potential: $3,500 – $80,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: In recent times, businesses have accelerated their digital transformation initiatives with worldwide IT spending reaching $4.1 trillion in 2021, an increase of 8.4% from 2020, according to the latest forecast by Gartner.

25. Implement Business Systems for Organisations

If you know how to implement business systems such as financial management systems (FMS), business intelligence software, or enterprise resource planning (ERP), then you might just have a thriving business in your hands.

Companies often need business systems (whether standalone or ERP) to manage their business processes, automate workflows, and streamline operations. For this to happen, they need an expert or a consultant who’s able to implement and support enterprise solutions such as NetSuite, SAP, or Sage.

An additional source of income could be in offering training to companies and their staff on using the systems you implement for them. You may also end up getting hired by channel partners on a contract basis.

Earning potential: $8,000 – $125,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: In recent times, businesses have accelerated their digital transformation initiatives with worldwide IT spending reaching $4.1 trillion in 2021, an increase of 8.4% from 2020, according to the latest forecast by Gartner.

26. Sell Goods On Social Media (Social Commerce)

Social commerce is the buying and selling of goods or services directly within a social media platform. This model moves social media beyond its traditional role in the discovery process by encouraging users to complete the entire purchase process without leaving their preferred apps.

This is ideal for people who enjoy spending time on social media and do not want to go through the process of building their own personal eCommerce store.

This involves selling physical products on social media, in particular, Facebook Marketplace, Instagram Shop, and Printerest Shopping.

Social commerce allows you to tap into a huge audience of 2.9 billion Facebook monthly active users and 2 billion Instagrammers, not to mention Pinterest’s 444-million user-base.

With social media offering embedded shopping tools that enable users to shop without ever having to leave the network, there’s so much potential for eCommerce growth. Also, these social platforms offer a set of marketing tools to help you reach a wider audience, improve your conversion rates, and boost sales.

Earning potential: $1,000 – $200,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Global sales through social media platforms were estimated at $992 billion  in 2022. Forecasts suggest that the value of social commerce sales would reach around $2.9 trillion by 2026.

27. Start a Print-On-Demand Business

Print-on-demand is a subset of eCommerce that involves printing graphics on products on a demand basis — products like apparel, mugs, rugs, phone cases, blankets, skateboards, and hundreds of others.

When a customer places an order by selecting the product and their preferred design, the order is automatically sent to a print-on-demand service that will print, package, and ship the order for you.

This allows you to sell online without holding inventory or buying stocks upfront. For this model, you need to source products with interesting design opportunities for your customers.

You can design the graphics yourself, get them online, or get a professional designer to do it for you. There are even AI-powered tools for generating designs automatically. This lets you monetize your creative juices by selling your own branded products.

Earning potential: $1,000 – $30,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The global print-on-demand market size was valued at $4.90 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 26.1% from 2022 to 2030.

28. Become a Freelance Web Designer

Websites are getting more and more sophisticated. It’s not just text and pictures anymore, but it’s video, audio, eCommerce, and a whole host of other media.

And as 94% of all first impressions on a website are design-related, businesses need their sites to look great.

This is why businesses will pay you thousands of dollars to design their websites.

A survey by Clutch.co found that around 30% of small businesses spend between $1K to $10K on website design. The average cost of designing a large business website with essential features stands at $32K.

Clients can pay a one-time project fee, but you may also want to keep your cash flow pumping by getting a flat monthly fee for managing their sites on a continuous basis.

Earning potential: $4,000 – $200,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: 94% of people say bad design is the main reason they don’t trust certain websites. Additionally, recent findings from Forrester Research suggest that a well-conceived, frictionless design could potentially raise customer conversion rates up to 400%. This explains why 73% of companies are investing in web design to differentiate their brands.

29. Develop Websites for Businesses

Since the inception of the Internet, there’s been a growing need for developers to help those who may not have coding skills to build custom websites.

Although WordPress has become very popular, about 35% of websites are developed from scratch without the need for content management systems. Additionally, you can become a developer for website builders such as Webflow, Joomla, Drupal, etc.

You may even choose to specialize in eCommerce solution development. An average eCommerce website or online store is expected to have customized features that are beyond the basic CMS functionality.

As an online store specialist, you can develop eCommerce websites using WooCommerce, Shopify, Magento, BigCommerce, Squarespace, OpenCart, PrestaShop, and so on.

You can also develop custom shopping cart functionality, online payments, and credit card gateways, address verification systems, and payment-related features for eCommerce sites.

In summary, if you’re a web freak and can unlock the secrets of JavaScript, Python, or any of the numerous web programming languages, then you can turn that skill into building beautiful, functional websites for modern-day businesses and get rewarded handsomely.

Earning potential: $4,000 – $200,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Employment of web developers and digital designers is projected to grow 8% from 2019 to 2029 in the United States alone,  much faster than the average for all occupations, according to the U.S. Bureau of Labor Statistics.

30. Sell on Multi-vendor Marketplaces

A multi-vendor marketplaces is a large-scale eCommerce website where multiple vendors sell their products and services. Think Amazon, eBay, etc.

When you open a shop in a ready-made marketplace like this, you’re able to leverage their massive traffic to sell your stuff.

In some cases, you need not worry about customer service and logistics as some multi-vendor marketplaces do take care of those. For instance, with Fulfillment by Amazon (FBA), you store your products in Amazon’s fulfillment centers, and the company picks, packs, ships, and provides customer service for these products.

In exchange for their hard work, multi-vendor marketplaces would usually take a cut from each sale you make and some might even charge a listing or registration fee.

Earning potential: $1,000 – $100,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students, Teens & Kids

Key Data To Note: In 2020, over two billion people purchased goods or services online. Data also shows that at least 75% of people shop at least once a month. E-Commerce sales are predicted to hit $6.5 trillion by 2023.

31. Develop and Sell WordPress Themes and Plugins

As an open-source CMS and web platform, users can use WordPress to create and manage websites and blogs.

WordPress is used and loved by hundreds of millions of people and businesses, one reason being that, unlike some other website platforms, WordPress allows users to easily and quickly build and manage websites without the need to code, including customizing their sites using themes and plugins.

If you’ve gained some good WordPress expertise, then you can monetize your skills by becoming a WordPress theme and/or plugin developer.

Creating and selling WP themes and plugins allows you to earn passive income as you can keep selling a product again and again after creating it.

You can sell your themes and plugins anywhere including your own website, ThemeForest, CodeCanyon, iThemes, and a host of other marketplaces or even as a freemium tool on the WordPress repo.

Earning potential: $1,000 – $80,000+ per month

Capital requirement: Low (if you can code)

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: WordPress currently holds over 65% share of the entire content management system (CMS) market, according to W3Techs. To understand how large this number is, it means WordPress powers over 43% of all websites on the Internet (the closest rival is Shopify at 4%).

32. Provide Website Support, Maintenance, and Fixes

Website support, maintenance, and fixes involves providing basic services such as site fixes, updates, security issue resolutions, speed optimization, malware removal, uptime monitoring, technical support, and just about any maintenance work needed to keep a website running smoothly.

It may also include providing web hosting, domain name services, and server setup and maintenance.

People in this field often choose to focus on one or a few key website platforms in which they have deep, vertical knowledge to be able to offer top-notch services.

For instance, you could choose to run a WordPress support services business in which you help WordPress site owners manage their websites, including monitoring and updating WordPress core, themes, and plugins, backups, performance optimization, and so on.

Earning potential: $2,000 – $40,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Overall employment of web developers and digital designers is projected to grow 23 percent from 2021 to 2031 in the United States alone, much faster than the average for all occupations, according to the U.S. Bureau of Labor Statistics.

33. Start a Full-Service Content Marketing Agency

Full-service content marketing agencies concentrate on offering businesses all the content, strategy, tools, and evaluation needed to support marketing campaigns. The services to offer may include marketing material development, strategy development, and campaign implementation.

Others may be result tracking and measurement, content distribution, content promotion, editorial calendar development, content inventory/audits, competitive content analysis, and more.

As a content marketing agency, you can work with a wide range of business types in different industries. But you can also choose to focus on a particular niche or industry. Data shows that 91% of B2B marketers use content marketing to reach customers.

You may need to work with expert writers, SEO specialists, qualified editors, graphic designers, videographers, animators, social media strategists, content strategists, and more.

Earning potential: $10,000 – $500,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: A new study by Juniper Research found that the total market value of digital content will reach $432 billion by 2026, rising from $211 billion in 2021. This represents a growth of 105% over the next couple of years. This value takes into account pay-per-download revenue, gaming in‑app content spend, subscription revenue, and ad spend over digital content.

34. Specialize in CRO

If you have what it takes to help businesses or organizations improve their website conversion rates, then you can make good money as a conversion rate optimization (CRO) expert.

Basically, you would be tracking, measuring, and interpreting certain key metrics to increase the number of people who perform a certain action on a website or an app. It also involves conducting changes that will create a more user-friendly experience based on a laser-guided analysis of the insight from users’ behavior.

Your services should help clients convert target users into sales or leads, maximize returns from marketing spend, and increase offer engagement.

Your list of services can include A/B testing, multivariate testing, heat maps, click maps, form analysis, page design auditing, journey mapping, funnel analysis, usability testing, shopping cart analysis, user behavior analysis, email marketing optimization, and landing page optimization.

You’d need to understand UX/UI optimization, mobile responsiveness, web analytics, behavioral segmentation, and even consumer psychology.

Earning potential: $3,000 – $50,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Only about 22 percent of businesses are satisfied with their conversion rates. Which means the majority of businesses need help in this area. No wonder companies are spending, on average, as much as $2,000 a month on CRO tools.

35. Help Businesses Sell More as a Copywriter

Copywriting is distinct from writing articles, blogs, or books. It is the art and science of writing compelling marketing materials for the purpose of persuading people to take some form of action such as making a purchase or a donation.

Your clientele will mostly comprise of businesses and organizations in need of professionally written sales copy, landing pages, product/service pages, sales emails, and what have you.

Copywriters charge higher rates than content writers — say $1,000 – $10,000+ per copy — as this form of writing requires greater skills. So if you’ve got what it takes to use words to drive actions, then this could be the right business idea for you.

Earning potential: $3,000 – $20,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: The term “copywriting” hit an all-time global high in January 2023, according to Google Trends data. The r/copywriting subreddit grew 422% in three years. It now has over 113,000 members.

36. Offer Editing and Proofreading Services

If you have an eye for typos, misspellings, punctuation issues, and grammatical errors or the ability to turn a piece of writing into a polished work of art, then you can be making money as a freelance editor.

Online publications and authors who need their work professionally edited with language clarity, consistent style, and unmistaken voice would make up the majority of your client base.

You may choose to charge on a per page, per word, or per hour basis, earning around $30-$70+ per hour. Some editors offer a range of services that includes developmental editing, editorial assessment, copyediting, and proofreading.

Earning potential: $1,500 – $7,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: 64% of B2B marketers outsource blog content related work (Source: TopRank). Content writing is the most commonly outsourced content marketing activity (Source: MarketingBuddy) as over 90% of B2B marketers now use content.

37. Become a Content Manager

For businesses with elaborate content requirements or big websites that publish tons of content (e.g. via multiple blogs), hiring a content manager (who may double as a content strategist) is often ideal. The content manager is responsible for managing the content pipeline as manned by writers and designers, including developing content topics, editorial calendars, and content strategy that aligns with short-term and long-term marketing goals.

Aside from working hand-in-hand with your clients’ marketing teams to plan site content, style, and layout, you’d also oversee all marketing content initiatives to ensure content optimization, brand consistency, and reader engagement.

Your responsibility may also include sharing content to raise brand awareness and monitoring web traffic and metrics to identify best practices.

Earning potential: $2,000 – $7,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Freelancing Hacks reports that freelance copywriters earn over $250 per hour. 64% of B2B marketers outsource blog copywriting (Source: TopRank). Writing content is the most commonly outsourced content marketing activity (Source: MarketingBuddy) as over 90% of B2B marketers now use content.

38. Sell Transcription Services

Transcription services are commonly known for repurposing recorded dictation or videos into written content. But businesses use transcription services for a range of other reasons.

For instance, if a business needs a video translation but doesn’t have a written script ready for translating the video, it might first have to transcribe the video. Also, transcribed content is often used for legal purposes (like court cases), medical, language studies, and even staff training.

You can start a transcription agency or start out as a freelance transcriptionist. There’s the need to be attentive and focused in order to do your job well.

Earning potential: $2,000 – $7,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note:  How big is the global market for transcription? Studies show it could be as big as $20 billion with medical transcription and marketing transcription leading the pack.

39. Offer Marketing Design Services

Marketing designers work with organizations to create design elements and digital images for marketing campaigns, advertising materials, and other promotional tools such as websites, brochures, landing pages, social media, and so on.

You’d need to be able to use different typography, composition, color, and visual identity design to create these marketing designs to promote a company’s business.

Some of the items you’d be producing include brand visuals, logos, brochures, infographics, postcards, flyers, digital ads, banners, email marketing templates, PowerPoint presentations, etc.

If you have what it takes to partner with businesses and visually communicate that brand, this is one of the most rewarding business ideas for designers.

Earning potential: $2,000 – $10,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The global graphic design market size is $43.4 billion. In the United States alone, the industry grew strongly for more than five years from 2014, reaching a market size of $13 billion dollars in 2022. Even more, demand for graphic designers is expected to remain robust over the coming years as graphic design is going to continue to be important in the marketing field for at least the next ten years.

40. Start a UX/UI Design Business (with focus on product design)

In our increasingly digital world, it’s more important than ever to have a well-designed user interface (UI) and user experience (UX). A good UX and UI can make all the difference in whether or not someone enjoys using a product. This, in turn, can tell how successful a business that provides online tools will be.

This explains why UX and UI designers are in high demand. With focus on the graphical interfaces and user interaction, your work will involve designing mobile app interfaces, website themes, online tools, game interfaces, to name a few.

You will also be working with companies to optimize the overall experience that a user has with a product, from the initial onboarding process to ongoing engagement and features.

You need to be skilled in user research, information architecture, visual design, and interaction design.

A closely related career to this field is in product design. Product design is all about imagining, creating, and iterating products that solve users’ problems or address specific needs. In fact, a Product Designer, at its core, is a problem solver. 

When a company is building a new product, they need you to be part of their team, to take users’ problems and turn them into usable products and solutions.

Also, if you love the psychology and behavioral sides of design, then you can go into UX research.

Earning potential: $2,000 – $7,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note:  Forrester estimates the size of the global design industry to be $162 billion and believe multiple software categories used in design will grow more than 20% this year.

41. Become a Freelance Digital Illustrator

A digital illustrator’s job is to create a narrative artwork that tells a story, conveys an emotion or mood, or sells a concept or product – usually for a client (e.g. a publisher, film production company, game studio, ad agency, or an individual).

While traditional illustrations are created using methods such as oil or watercolor on paper or canvas, digital illustrations are made using software such as Adobe Photoshop.

If you have a flair for painting or drawing, then you should think of turning your artistic talents into a business.

From vector illustrations and technical illustrations, to picture books, concept art, films, games, graphic novels, and other digital arts, digital illustration is an exciting, rewarding, and multi-faceted field with diverse job prospects.

Earning potential: $1,500 – $23,000 per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note:  Forrester estimates the size of the global design industry to be $162 billion and believe multiple software categories used in design will grow more than 20% this year.

42. Build VR Experiences

The virtual reality (VR), augmented reality (AR), and mixed reality (MR) markets thrive with many business opportunities from creating AR and VR hardware such as AR headsets and smart glasses to developing AR/VR/MR experiences and content and selling them to either consumers or VR companies.

You can also serve a particular niche such as helping real estate professionals provide virtual walk-throughs before a building goes up. Also, how about building VR apps such as one that lets users scan foreign languages and see the translation in real-time?

Starting a VR arcade is another viable option. The very first batch of VR arcades is just starting to pop up in some of the world’s largest cities. You might also want to consider contributing to customized AR/VR programs for companies on a freelance basis, whether as a coder, designer, or consultant.

Earning potential: $1,500 – $23,000 per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: PwC’s virtual reality industry statistics estimate that 23.3 million VR-related jobs and opportunities will open by 2030 and that the growth of this industry will boost the global economy by $1.5 trillion by 2030.

43. Start a Micro ISV Company

An Independent Software Vendor (ISV) is a software company that creates and distributes computer software that integrates with existing hardware platforms, operating systems, and network infrastructures.

ISVs typically build software on top of other software platforms such as those provided by hardware manufacturers and operating system developers.

This way, they offer products that the primary vendor does not offer, allowing clients of that vendor to round out their software needs.

Starting an ISV offers the chance to create and sell software to a ready-to-engage market, making it a worthwhile means of earning semi-passive income.

Earning potential: $3,000 – $40,000 per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: The global Independent Software Vendors (ISVs) market is anticipated to reach a value of $702.6 million by 2030, growing from $202.85 million in 2019. The market is expected to accrue high earnings over the forecast period (2020-2030).

44. Livestream Video Games to Earn Virtual Money

All over the world, gaming has become one of the most dominant and lucrative industries of the 21st century thanks to advancement in technology and innovative offerings such as cloud and VR gaming.

If you enjoy playing video games, then you could get paid to do what you love by livestreaming your gaming sessions on Twitch, Facebook Gaming, YouTube and other similar platforms. You can then earn virtual money (e.g. “Bits” on Twitch or “Stars” on Facebook Gaming) from your viewers which can be exchanged for real cash.

To get started, all you need is a strong internet connection, a gaming console or PC, and some good quality livestreaming equipment such as a headset, webcam, and microphone.

Earning potential: $1,500 – $30,000 per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students, Kids & Teens

Key Data To Note: The value of the gaming industry has topped $300 billion following a pandemic-fueled surge, with some 2.7 billion players worldwide, according to research by Accenture. 

45. Launch Your Own Podcast

Is podcasting a lucrative business? Well, with celebrity podcasters like Chris Rogan raking in $30 million a year through podcasting, you bet it is indeed lucrative.

While most podcasts are free, entrepreneurs and creatives use them to promote their brands, products, or services.

However, you can also create a subscription-based podcast that offers more features and in-depth guidance. The subscription could involve direct payments and would work just like a traditional membership site except that the content is exclusively audio.

You could also take the freemium route. People can listen for free, but if they pay, they get bonus features, extra audio, and other incentives. For example, many creatives use services like Patreon to fund their podcasts and other works.

Other means through which you can earn money with podcasts include advertisements, affiliate marketing, crowdfunding, and brand sponsorships.

Earning potential: $500 – $100,000 per episode

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students, Kids & Teens

Key Data To Note: Podcasting is an increasingly popular pastime all around the world. In the United States for example, only 22% of the adult population was aware of podcasting in 2006. By 2021, this figure had risen to 78% and there were an estimated 120 million podcast listeners in the country that year. Forecasts suggest that the number of podcast listeners in the country will surpass 180 million in 2024.

46. Provide Electric Vehicle Services

Electric vehicles (EVs) are the future of transportation. The market for EVs is growing rapidly. According to the International Energy Agency, sales of electric vehicles doubled in 2021 from the previous year to a new record of 6.6 million. Back in 2012, just 120,000 electric cars were sold worldwide. In 2022, more than that many were sold weekly.

And guess what else is growing rapidly? The demand for EV-related services.

Electric car charging — public electric car charging stations, home electric car charging station setup, electric car charging station management, etc. — is a great example.

EVs also need to be serviced and repaired. There are very few mechanics with the necessary training and experience to work on EVs, so there’s a big opportunity for those who are able to provide such services, even online.

Earning potential: $3,000 – $20,000 per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: The Global EV Outlook 2022 reports that nearly 10% of global car sales were electric in 2021, four times the market share in 2019. This brought the total number of electric cars on the world’s roads to about 16.5 million, triple the amount in 2018. The 2023 report states that electric car markets are seeing exponential growth as sales exceeded 10 million in 2022.

47. Get into Electric Bike Sales and Services

Electric bikes (e-bikes) are one of the hottest new trends in the transportation industry. They’re environmentally friendly, they’re fun to ride, and e-bike numbers are going through the roof as millions of people are jumping on the bandwagon.

To make money in this space, you could start a business selling e-bikes (manufacturers sell them very cheap in China). You could also provide e-bike rental services or e-bike maintenance and repair — there’s a big opportunity here for those who make the move.

Electric scooters and electric motorcycles are other popular options. You could start a business selling or renting these vehicles, or providing maintenance and repair services.

Earning potential: $4,000 – $30,000 per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Study shows that in 2021, the global e-bikes market reached around $26.5 billion. It is projected to climb at a compound annual growth rate of just under 10% between 2022 and 2030, to reach just under $62.3 billion.

48. Get into Contemporary Real Estate

Real estate has been around for centuries and will continue to be a solid investment for years to come. But the face of real estate is changing. The traditional real estate market is being disrupted by new technologies and business models.

There are now a number of online platforms that make it easier than ever to buy, sell, or rent properties.

The sharing economy, for instance, has given rise to companies like Airbnb, which has made it possible for people to earn extra income by renting out their properties on a short-term basis. Property experts and investors are raking it in on places like Instagram.

Whether it’s short-let apartments, land banking, co-working spaces, co-living rentals, full-on property development, or something else entirely, there are plenty of opportunities for those who want a piece of the real estate pie.

Earning potential: $10,000 – $1,000,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Real estate is the world’s largest store of wealth. McKinsey says over 67% of the global net worth is stored in real estate and only about 20% in other fixed assets. Savills reveals that the value of all the world’s real estate reached $326.5 trillion in 2020, a 5% increase on 2019 levels.

49. Provide Interior Decoration and Home Improvement Services

People are always looking for ways to make their living spaces more comfortable and cozy. This has created opportunities to make money in the interior decoration and home improvement industry.

If you have a passion for design and a talent for creating beautiful living spaces, then you could start a business providing interior decoration and home improvement services. You could offer your services to individuals, families, businesses, or organizations.

You could also provide furniture and decor supplies — including for residential homes, offices, and commercial properties — or even home automation solutions such as automated doors, voice-controlled appliances, and AI-powered smart home assistants.

Earning potential: $500 – $5,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: According to the Joint Center for Housing Centers of Harvard University (JCHS), home improvement project spending increased from $328 billion in 2019 to $472 billion in 2022. The market grew by 23.8% in 2020 and 2021, exceeding the estimated 12.5% for the same time frame.

50. Consider Kidpreneurship for Your Child

Get your kid to start a business that offers value to other kids (by-kids-for-kids) or adults.

Kids all over the world are starting businesses, and mind you, they’re not kidding around. For some reason, this kind of business usually stands out beautifully and can sufficiently support the whole family.

For instance, the new biggest celebrity to a child today is not Justin Bieber, it’s Ryan Kaji from Ryan’s World. The kid started making videos on Youtube at the age of 4 and became the highest paid YouTube star, making $29.5 million from his YouTube channel in 2020 alone as well as a further estimated $200 million from Ryan’s World branded toys and clothing.

Another example is Alina Morse, who at the age of 7 started Zolli Candy —  tasty, healthy candy that delivers flavour, fun and oral health while reducing cavities. She has now made millions from her business and was even invited to the White House.

There are endless possibilities for kid businesses. If you have a child with an entrepreneurial spirit, why not encourage and support them to start their own business? It could be the beginning of a very successful journey for them — and for you as well!

Earning potential: $500 – $1,000,000+ per month

Capital requirement: Varies

Suitable for: Kids & Teens

Key Data To Note: As kids increasingly shift from TV to online, more than 40% of total new internet users globally in 2018 were childrenthe fastest growing segment of online audience—making the global kids digital advertising market to be worth over $1.7 billion in 2021 alone, according to a report from PwC, commissioned by UK-based digital kids company SuperAwesome.

51. Start a 3D Printing Business

3D printing represents the next step in the printing industry. The technology is booming by nearly every metric — adoption rate, revenue, unit sales, you name it. And with the application of 3D printing increasingly spreading across several industries — medicine, manufacturing, architecture, digital art and design — there’s no better time to invest in it than now that the prices are low, competition is low, and profits are high.

In making money with 3D printing, one option is to sell 3D printing files and designs. Another is to create amazing, highly-demanded everyday products — such as flower phases, phone cases, pet collars, household items, toys — and sell them on places like Etsy or Amazon. This type of business holds infinite growth potential as long as you discover your niche and bring a lot of creativity to it.

If you’ve got the expertise, you can create sophisticated items like body parts for the medical industry, spare parts for the automotive sector, or even damaged parts of existing items for just any industry. You can as well offer bespoke manufacturing that follows a print-on-demand business model where prospects simply send you a ready-made 3D model, you quote your fee, print it, and send it over.

Earning potential: $500 – $10,000+ per month

Capital requirement: Medium

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The 3D printing industry expanded 7.5% in 2020 despite the pandemic to be worth nearly $12.8 billion. This is compared to the past average growth of 27.4% over the previous 10 years.

52. Provide Accounting and Bookkeeping Services

As the world goes digital, more and more businesses are in need of accounting and bookkeeping services. If you’re good with numbers and you’re looking for a way to make money from home, then this could be the perfect business idea for you.

As an online bookkeeper or accountant, you’d be managing a business’s financial records — preparing and filing taxes, tracking expenses, invoicing customers, managing accounts receivable/payable, reconciling bank statements, analyzing cashflow, maintaining the general ledger, advising the business owner on financial matters, etc.

You could work with businesses of all sizes but especially solopreneurs or small businesses that are big enough to need your services but too small to have their own in-house accounting department.

Earning potential: $500 – $5,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: The estimated revenue from accounting services has been growing for the previous years despite the pandemic. For instance, in the United States alone, it increased from $127.8 billion in 2020 to $133.4 billion in 2021, and to $141.8 in 2022 according to study.

53. Offer Legal Help to Businesses Online

In the online business landscape, there’s a lot of legal work that needs to be done — from drafting and reviewing contracts to handling intellectual property issues, internet law compliance, copyright infringement, trademark protection, and more.

And all of this can be done remotely, which means there’s a big opportunity here for lawyers who are looking to make money from home.

There are many online business owners who need legal help but don’t want to deal with the hassle and expense of hiring a traditional lawyer. They prefer to work with law experts that understand the online world.

If you’re a lawyer or paralegal with experience in these areas, then you could start a business offering legal help to businesses online.

Earning potential: $1,000 – $12,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: The market size of online legal services in the United States increased steadily in recent years. This sector’s market size reached a value of approximately $10.9 billion in 2021 and grew a further 3.9% in 2022, research shows.

54. Provide Internet of Things (IoT) Solutions

Internet of Things (IoT) refers to the concept of extending Internet connectivity beyond conventional computing items like your personal computer and mobile device, and into any range of traditionally non-internet-enabled physical devices and everyday objects. Pretty much any physical object can be transformed into an IoT device and allowed to collect and share data.

As the IoT market is expanding at an incredibly high rate, households, individuals, businesses, and organizations of all sizes will need someone to provide them with the necessary infrastructure, hardware sensors, and continuous support.

You can build an IoT-based business around such niches as ubiquitous computing, automated retail, smart homes, device-to-human interactivity, smart personal devices, wearable technologies, and connected health including remote patient monitoring and e-medicine solutions, medical wearables like bracelets equipped with sensors (not RFID implants).

Earning potential: $2,000 – $20,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Global IoT spending hit $1.2 trillion in 2022, reports IDC. And the market is still expanding at an incredibly high rate that it appears as though very soon, every device will be connected. In fact, Cisco estimates that by 2030, there will be about 500 billion connected devices in the world.

55. Become a Translator

With the internet, businesses can operate on a global scale — reaching customers all over the world. And that means there’s a big demand for translators who can help businesses communicate with their international customers.

If you are proficient in more than one world language, you could be raking in crazy bucks. Translators are well-sought out on a global scale to translate written and audio materials, whether it’s legal contracts, faith-based content, books, news items, blog posts for global sites, etc. You normally wouldn’t need a language or linguistics degree to start this business but if you have one, then it’s a plus.

You could work as a freelance translator, providing your services to businesses on an as-needed basis. Or you could start a translation agency, managing a team of translators and handling all the administrative work.

Also, there are many online platforms that connect businesses with translators, such as Gengo and One Hour Translation. You could sign up with one of these platforms and start offering your services.

Earning potential: $700 – $10,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The global language services industry was worth approximately 49.6 billion U.S. dollars in 2019, and is expected to grow further over the next years. Study shows that translating your website for these 4 countries is estimated to give you access to 50% of worldwide sales potential: United States, China, Japan, and Germany.

56. Provide Localization Services

Provide Localization Services
Localization involves adapting content to a specific market or region. This is different from translation, which involves translating content from one language to another.

Localization is a big business because it’s often necessary for businesses that want to expand into new markets. It includes website localization, software localization, app localization, and marketing campaigns localization.

For example, you could help a business launch their website in a new country by translating the content and ensuring that it’s culturally relevant.

Earning potential: $700 – $10,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The global language services industry was worth approximately 49.6 billion U.S. dollars in 2019, and is expected to grow further over the next years. Study shows that translating your website for these 4 countries is estimated to give you access to 50% of worldwide sales potential: United States, China, Japan, and Germany.

57. Start a BPO Business (Become a Virtual Assistant)

Start a BPO Business (Become a Virtual Assistant)
Business Process Outsourcing (BPO) is when businesses outsource certain tasks or processes to third-party service providers.

One of the most popular type of BPO business is virtual assistant (VA) services. Virtual assistants are independent contractors who provide administrative, technical, or creative support to businesses and entrepreneurs. They could handle tasks such as customer service, data entry, calendar management, and more.

Another popular BPO business is call center services, which is when businesses outsource their customer-facing call center operations such as tech support to third-party service providers.

There’s a big demand for BPO services because they can save businesses a lot of time and money. And with the COVID-19 pandemic, there’s been an even greater demand for these services as businesses shift to remote work models.

Earning potential: $500 – $10,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: At least 77% of business owners hired at least one virtual assistant in 2023.

58. Work as Video Editor

Work as Video Editor
Video content is taking over the internet. And that means there’s a big demand for video editors — people who can help businesses create and edit engaging videos.

As a video editor, you would be responsible for tasks like cutting and splicing footage, adding graphics and special effects, and ensuring that the final product is high quality and error-free.

These days online videos such as Instagram reels, TikTok videos, and YouTube shorts are all the rage. There is a lot of video content being created but not everyone has the time or skills to edit it. Explainers, video ads, corporate videos, product videos, social media videos, live events, and more — businesses need video editors for all kinds of content.

If you have experience with video editing software like Adobe Premiere Pro or Final Cut Pro, then you could start offering your services to businesses and content creators.

Earning potential: $500 – $10,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Over 86% of businesses use video as a marketing tool. Why? Because video marketers get over 66% more qualified leads per year. Little wonder why digital video advertising is expected to attract $120 billion by 2024, up from $80.1 billion in 2021.

59. Become a Motion Graphics Artist

Work as Video Editor
If you love animation and want to start your own business, then you should become a motion graphic designer.

As a motion graphic designer, you will be creating engaging animated content such as animated videos, animated ads, and animated logos for a variety of clients, including businesses and individuals.

In order to be successful in this field, it is important to be familiar with various design software programs so that you can create high-quality animations.

The field of motion graphics is constantly evolving, and there is always a demand for new and innovative designs.

Earning potential: $500 – $10,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Study shows that in 2022, the value of the global animation market reached $391 billion, up 5% from $372.4 billion a year earlier. The annual figure has been forecast to continue to grow throughout the decade, surpassing $587 billion by 2030.

60. Launch a Software-as-a-Service (SaaS) Company

If you have a software idea or solution that can solve a problem or make something happen for people, then you can turn that into a business. If you’d take a look at Product Hunt, for instance, you’ll find a bunch of software products that people are launching every day.

Traditionally, software companies have charged users on a per-license basis, but more and more companies are now looking at alternative monetization strategies, particularly SaaS.

Software-as-a-Service is basically software that people use on an on-demand, pay-per-use basis. It typically lives on the web or cloud — where customers can access the software through the Internet for a recurring fee.

Some level of support is usually included in this fee. You can either directly market your SaaS product or you can work with an agency that has already created a big client base to whom they resell your product.

Earning potential: $5,000 – $100,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: From $31.5 billion in 2015, the SaaS industry is expected to reach $369.4 billion by 2024. Study shows that about 99% of companies use one or more SaaS solutions.

61. Get into Online Photography

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From stock photography to product photography, there are all kinds of businesses that need the help of a good photographer.

Online photography involves taking pictures and selling them on stock photography websites like Shutterstock, Adobe Stock, iStock, Fotolia, 123RF, or Getty Images. This is a great way to make money passively — once you upload your photos, you can sit back and watch the royalties come in.

Another lucrative option is teaching people how to get the most out their camera, create stunning photos, and edit them to perfection. Photography workshops and classes are always in demand, especially among travel, beauty, fashion, and food businesses.

Earning potential: $500 – $8,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Forecasts for 2025 place the photography sector’s value at a massive $44.07 billion after a steady growth with a 5% CAGR, up from $36.42 billion in 2021.

62. Flip Websites for Profit

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Website flipping is the business of buying an existing website, improving it, and then selling it at a higher price. Think of it as “virtual real estate development.”

Websites can sell for 20X to 60X their average monthly net profit, with the average sale in today’s market happening at 30X to 42X monthly net profit

So if you buy a website that boasts an average revenue of $2,000 per month at 35X net profit, you’ll pay $70,000. If over 18 months you optimize the site and increase its revenue to $5,000 per month, you can potentially resell the site at 35X its monthly net profit for $175,000 — which equals a $105,000 profit on the sale. And don’t forget the monthly net profit from the site itself which adds another $63,000 of estimated profit.

This means in just 18 months, your $70,000 can turn into $308,000. Of course, you can always start small.

Some of the best places to buy and sell websites include Flippa, Empire Flippers, Motion Invest, and Investors Club.

Earning potential: $500 – $500,000+ per flip

Capital requirement: Medium

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: People who flip websites have earned a profit from it at least 96% of the time, making website flipping highly lucrative.

63. Start a Social Enterprise

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If you dream of devoting your life to a good cause you believe in and still pull in some profits, then you should consider social entrepreneurship.

Social entrepreneurship is about applying entrepreneurial principles to provide solutions to economic, social, cultural, or environmental problems.

You could create a solution that directly serves the people and give out the same for cheap prices or even for free or start an organization that gives the majority of the profit back to the society to achieve social change.

You can also choose to work directly with the people whom you’re looking to bless. For instance, I know of an organisation whose employees are made up of people who face social challenges, including survivors of human trafficking and people with learning disabilities.

Earning potential: $2,000 – $700,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Data shows that 59% of social enterprises were started within the past 5 years. This trend shows that there is a growing interest in social entrepreneurship and more people are looking for ways to use their skills and talents to make a difference in the world.

64. Consider Online Drop Servicing

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Drop servicing is a business model where you sell services that are delivered by someone else. In other words, you act as the middleman between service providers and freelance clients.

There are a lot of freelancers on the Internet, and there are a lot of potential freelance clients as well. Obvious fact: they need each other.

It works by finding in-demand services offered by freelancers at a low price on freelancing websites like Fiverr and Upwork and marketing those services to businesses who need them.

Upon getting sales, you hire the freelancers to deliver the work for you. Your profit is in quoting a higher price to your clients than what your freelancers quote you.

Earning potential: $500 – $10,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Report shows that 70% of SMBs in the United States have worked with freelancers at least once. 81% of these companies plan to hire freelancers again. 83% agree that freelancers have greatly helped their business.

65. Trade Foreign Currencies

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The foreign exchange market operates a decentralized or over-the-counter (OTC) market system for trading currencies. In forex trading, a firm understanding of the most commonly used forex lingo will make your entry into the market smoother.

You also need to carefully choose the right broker as there are many apps and websites offering this sort of brokering service.

Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances.

Earning potential: $500 – $100,000+ per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Forex markets had a daily turnover of $6.6 trillion dollars in 2019, up from $5.1 trillion in 2016. The total value of the forex industry increased from $1.934 quadrillion dollars in 2016 to $2.409 quadrillion in 2019.

66. Teach Foreign Languages

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Study shows that about 70% of people are interested in learning and speaking another language. If you know more than one international language, you have a money-spinner in your tongue.

You could start an online language school, teaching people from all over the world who want to learn a specific language for business, travel, or educational purposes.. You could use platforms like Zoom to conduct live classes or create video lessons Thinkific that students can watch on their own time.

Earning potential: $500 – $6,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: A study finds that approximately 1.8 billion people are actively striving to gain proficiency in an additional language for work or pleasure, and predicts that the global Direct-to-Consumer (D2C) language learning market will reach $115 billion by 2025, led by digital.

67. Start a Kids’ Store

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This is where mom and dad can get stuff like kids’ gifts, bath and skin care products, kids’ apparel, shoes, snack sets, water bottles, strollers, educational games, smart toys, diapers, kids’ furniture, kids’ gadgets, school supplies, party supplies, kids’ room decor, and kids’ outdoor products like bicycles.

Run your store both online and in physical locations. There’s always a demand for products that make life easier for parents and more fun for kids.

One of the keys to success with this business idea is to offer products that are unique and not easily found in big box stores.

You’d need to be passionate about kids and have a good understanding of what products are popular with kids and parents.

Earning potential: $3,000 – $20,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Kids & Teens

Key Data To Note: As kids increasingly shift from TV to online, more than 40% of total new internet users globally in 2018 were childrenthe fastest growing segment of online audience—making the global kids digital advertising market to be worth over $1.7 billion in 2021 alone, according to a report from PwC, commissioned by UK-based digital kids company SuperAwesome.

68. Start a Babytech Company

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Babytech (or familytech as kids get older) refers to technology products and services that support and accompany the entire pregnancy period, postpartum and childcare life, as well as the accompanying housework, work and lifestyle. It uses the latest innovations such as artificial intelligence, IoT, augmented reality, and so on.

You’d be creating innovative solutions surrounding childcare and parental support for young families keen on using gadgets and software to solve a variety of family tasks.

A few examples are baby monitoring devices, body temperature thermometers, hands-free breast pumps, child education technologies, wearables, robotic toys, child transportation systems, augmented reality toys, fertility and pregnancy trackers, and infant nutrition solutions.

Startups working in the babytech sector usually target two main categories of users including expecting parents and families raising children—especially high standards of millennial parents who prefer frictionless, one-tap solutions.

Earning potential: $3,000 – $20,000+ per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Millennials, Kids & Teens

Key Data To Note: Forbes estimates the babytech market size to be around $46 billion in the United States alone. According to Statista, the most significant segment—the baby monitor market—is expected to reach $1.9 billion by 2027, growing at a CAGR of 8.6% between 2019 and 2027.

69. Rent Out Items and Equipment (Sharing Economy)

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People often need to use certain products but it is not always necessary to own or keep such items. People need to be able to save money on it by renting and using it for a short period of time.

You could start a business where you rent out products such as gadgets (drones, camera, etc.) equipment, scooters/bikes, party supplies, vacation supplies, household items, tools, music instruments, and more.

You can make it so that users place orders online and then either pick up the items from you or have them delivered to their doorstep. You need to find a way to secure the return of the items after use.

Earning potential: $500 – $13,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Sharing economy services have exploded in popularity over recent years, with the total value of the global sharing economy predicted to increase to some $335 billion by 2025, from only $15 billion in 2014.

70. Produce and Sell Handmade Products Online

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If you are an artful person, you should be creating handmade products to sell online. There’s a huge market for this.

This allows you to be both creative and a business owner.

Back in the day, you had to put a lot of time into setting up your stall in craft markets and fairs, but now you can do it all online with ease.

For example, on Etsy — the largest online marketplace for handmade and vintage goods — creatives are selling oodles of craft items including leather wallets, knitted sweaters, wooden tools, homemade jewelry, scented candles, soaps,  fragrance oils, woven, knitted and crocheted goods including hand-printed clothing, hats, sweaters

unique hand-printed paintings, and countless other arty stuff.

You can sell on a marketplace like this and also expand beyond it to creating your own brand via a web store.

Earning potential: $1,500 – $20,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students, Kids & Teens

Key Data To Note: Reports show that the global handicrafts market reached a size of $680 billion in 2021 and is expected to reach $1.2 trillion by 2027, growing at a CAGR of 10.41%.

71. Start an Epoxy Resin Art Business

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Resin art is the secret sauce behind those beautiful, glossy, 3D-effect artworks, jewelry, and home decor items you’ve been seeing all over Pinterest.

The process involves combining epoxy resin with pigments to create a range of colours, pouring the mixture into silicone moulds, and then waiting for it to harden. The result is a stunning piece of art that can be used as decoration, jewelry,  or even functional items.

The great thing about epoxy resin art is that it’s extremely versatile — you can use it to create all sorts of products such as coasters, cutting boards, trays, table tops, keychains, picture frames, wall art, and countless other items.

You can even offer customized products by incorporating people’s names, photos, initials, favourite quotes, wedding bouquets, and so on into the design.

Earning potential: $2,000 – $50,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Google Trends show that more and more people are becoming interested in the use of products made out of epoxy resin, as search interests have gone up by more than 50% in the past 3 years.

72. Become a Freelance Tutor Online

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If you’re good at a particular subject, why not become a freelance tutor online? You can offer one-on-one tutoring sessions or even group sessions via video conferencing platforms.

This is a great business idea for those who are passionate about teaching and helping others learn. It’s also a flexible way to make money as you can set your own hours and rates.

There’s a growing demand for online tutors as more and more people are looking for flexible, convenient, and affordable ways to learn. The COVID-19 pandemic has only accelerated this trend as people are now even more reluctant to leave their homes for face-to-face tutoring sessions.

Earning potential: $2,000 – $20,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: When schools were forced to shut down in 2020 due to the COVID-19 debacle, there was a sudden and colossal increase in the demand for online education, up to the tune of over 1000%. In the post-COVID era, interest and participation in online learning remains impressive as most people are sticking to the “learn-from-home” corridor.

73. Offer Paralanguage Services

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The job of a sign language (or body language) expert goes beyond those guys you often see on national television making gestures while your state governor is delivering a rather contrived speech.

Body language professionals are hired in the business, relationships, security markets and more. For example, people who want to improve their non-verbal communication to get a promotion or meet that special someone may need to work with a body language expert; police departments or social workers who want to determine whether people are lying often invite body language experts to teach at their seminars.

As a side hustle, you can even put up your own paralanguage website and create sign language online classes for disable people who need to learn communication.

Earning potential: $3,000 – $30,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Nimdzi Insights conducted a study of the market for American Sign Language (ASL) interpreting services in which they estimated the market to be worth about $900 million to $1.2 billion. This is in the United States alone.

74. Sell Educational Materials Online (Edu-Commerce)

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Edu-commerce is a rapidly growing niche that combines education and commerce. In other words, it’s all about selling educational products.

It’s typically a way to make money online as a teacher by selling teaching materials online — printable lesson plans, presentations, flashcards, worksheets, songs, videos, classroom-graded readers, games, crafts and more.

One place you can do this is TeachersPayTeachers, an online marketplace where teachers buy and sell original educational materials.

You can also sell on your own website or blog. This is a great option if you want to make passive income as a teacher or professor.

Earning potential: $2,000 – $100,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: There are over 100 million teachers worldwide. Washington-based Pew Research Center conducted a study in which 92% of teachers say the internet has a “major impact” on their ability to access content, resources, and materials for their teaching and 69% say the internet has a “major impact” on their ability to share ideas with other teachers.

75. Run a Professional Exam Prep Website

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Have you successfully written a pro exam and excelled? Other people who are interested in taking the same exams need help with study guides and resources. 

You can start a website where members can access exclusive content and tutorials for that particular exam. This is a great business idea for those who want to make money while helping others achieve their goals.

There are all sorts of professional exams that people need to take in order to further their careers — from medical and law exams to accounting, finance, and architecture exams.  And there’s always a demand for good quality exam tutorials that can help people pass these exams.

So if you have the expertise and the knowledge, why not start a professional exam tutorials site?

Earning potential: $4,000 – $100,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Each year, at least 89.1 million professionals take professional or certified exams in fields such as architecture, accounting, law, medical, management, and engineering.

76. Offer Kids-focused Services for Generation Alpha

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Kids-focused services such as kids’ cooking classes, kids’ party planning, child care, baby room decor, kids’ educational services, and kids’ swimming lessons are all in high demand.

This type of business is perfect for those who love kids and have a passion for working with them. It can be very rewarding to see the smile on a child’s face when they accomplish something or receive a service that you provided.

To be successful in this business, you’ll need to be organized, creative, and patient. You’ll also need to have a good understanding of child development and what services are appropriate for which age group.

Earning potential: $3,000 – $20,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Kids & Teens

Key Data To Note: As kids increasingly shift from TV to online, more than 40% of total new internet users globally in 2018 were childrenthe fastest growing segment of online audience—making the global kids digital advertising market to be worth over $1.7 billion in 2021 alone, according to a report from PwC, commissioned by UK-based digital kids company SuperAwesome.

77. Start a Business in the Parenting Market

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The parenting market is a multi-billion dollar market. And there are sub-niches in this market you can focus on — first-time moms, single parents, millennial parents, dads-only, working parents, and stay-at-home parents.

To succeed in this market, you need to offer products or services that make parenting easier, more fun, or more efficient.

For instance, you could get into parentech, which is all about bringing the benefits of digital technology to family life in the best possible way. 

Creating a line of eco-friendly parenting products, developing a new app for parents, writing a book about your parenting experience, or offering services to parents are all ways to serve the parenting market as long as you make parents’ lives easier and their children’s lives better.

Earning potential: $3,000 – $100,000+ per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Kids & Teens

Key Data To Note: Forbes estimates the American market size of the “new mom economy”—all the apps, gadgets, products and services targeting first-time millennial parents with a child under the age of one—to be $46 billion (2019), a fraction of the $2.4 trillion spending power that American mothers control but a number that is, nonetheless, sure to grow as more millennial women become mothers each year (1.2 million more per year as reported by Pew Research Center in 2016).

78. Build a Marketplace (Collaborative Platform)

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Whether it’s a general or niche marketplace, if you can create a space where people can come together to buy and sell services or products, you’ll be in business.

An online marketplace platform matches people who need a service with service providers. For example, a babysitting marketplace would match families who need a babysitter with babysitters in their area. Or, a home-cleaning marketplace would match home-owners who need their house cleaned with house cleaners in their area.

The success of platforms like Airbnb, Uber, Booking.com, and Fiverr is proof that the marketplace model is viable and can be applied to almost any market.

You make money by charging a fee for every successful transaction that takes place on your platform.

Earning potential: $4,000 – $1,000,000+ per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: A PwC study reveals that the global market size of the collaborative economy will reach $335 billion by 2025.

79. Perform In-Person On-demand Jobs on a Freelance Basis

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The gig economy offers many opportunities for those who are willing to work hard and be their own boss. Whether it’s dog-walking, babysitting, or house-sitting, you can find on-demand jobs that fit your schedule and skillset.

The options are endless! And, best of all, you can work as much or as little as you want.

To be successful in this business, you need to be responsible, reliable, and have a can-do attitude. You also need to be comfortable working with different people.

Earning potential: $1,000 – $23,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: According to a study by Upwork, the freelance economy was reportedly worth $1.2 trillion in the United States alone in 2020. Of those who quit their full-time job in order to freelance, 75% say they earn the same or more in pay than when they had a traditional employer.

80. Start an Online Apparel Graphic Design Business

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If you’re passionate about fashion and have a sharp eye for detail and a knack for creating stylish designs, starting a business as an online apparel graphic designer could be right up your alley!

In the past, aspiring fashion designers would move to New York City or other fashion capitals and apprentice for leading design houses. However, with the rise of the internet, it’s now possible to start your own fashion design business right from your bedroom.

While you’ll still need to be creative and have a good eye for color and style, you won’t need to spend years working your way up the ladder.

As an online apparel graphic designer, you would be responsible for creating designs that would be printed onto t-shirts, hoodies, and other clothing items.

Earning potential: $4,000 – $150,000+ per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Fashion United reports that the apparel industry had a labour force of 3.45 billion in 2021. The revenue of the global apparel market was calculated to amount to some $1.5 trillion in 2021 after the COVID-19 fiasco and is predicted to increase to approximately 2 trillion dollars by 2026.

81. Provide Concierge Services for Busy People

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Concierge services involve running personal or business-related errands for clients. It encompasses assistance in hotels, apartments, and office buildings. 

Whether it’s personal services (such as shopping, housekeeping, and picking up or dropping off packages) or business services (such as making travel arrangements, scheduling appointments, and “standing in” for clients), concierge services are in high demand, especially amongst busy professionals and busy families.

If you operate in a metropolis, there’s a good chance that you can find clients who need errand help and concierge services. To scale this business, you will need to hire other people to help you with the errands and not run them yourself.

You’d be using the internet and social media to market your services or you could create a concierge app that allows people to request errand services with the tap of your finger.

Earning potential: $1,500 – $50,000+ per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The average busy professional, especially younger urbanites with money, spends an average of $7,755 a year on personal concierge.

82. Flip Stocks Online

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Stock flipping is the process of buying and selling stocks within a short period of time, usually within days or weeks, in order to make a quick profit.

It’s a speculative activity that can be high risk, but if done correctly it can offer rewards that are much higher than traditional investing.

To be a successful stock flipper, you need to have a solid understanding of the stock market and the ability to make quick, informed decisions. You also need to be comfortable with taking on some risk.

Earning potential: $500 – $10,000+ per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: The global stock market capitalization as of the last quarter of 2023 was around $100+ trillion.

83. Become an Internet Researcher

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Research is a big business because businesses of all sizes need help with research tasks such as market research, competitor analysis, and product research.

Internet researchers specialize in finding information that cannot be easily found by a simple Google search, not just through web search but even through other means like interviews. They extensively explore specific subject matter to gather data, uncover new concepts, develop ideas, and share their findings with clients.

You need to have a strong understanding of how to use search engines to access scholarly research, think tank documents, and industry publications to find information.

You could work with universities, non-profit organizations, large firms, SMEs, and even government agencies.

Earning potential: $500 – $5,000+ per month

Capital requirement: Low

Suitable for: Gen Zs, College Students

Key Data To Note: An impressive 92% of all searches globally happen on Google, making it the dominant search engine. At the time of writing, Google runs around 107,000+ search queries per second, which adds up to a whopping 9.2 billion searches per day. Moreover, the average person searches Google at least three times a day.

84. Set Up a Subscription Box Business

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Subscription boxes are physical deliveries that ship automatically to consumers who sign up for them online. While many of the items in a well-designed subscription box are practical, the delivery itself is designed to be an experience, giving the consumer something to look forward to each time a box is dropped off at their doorstep.

Subscription boxes come in a variety of shapes, sizes, and price ranges. They may be highly curated, offered at a discount, or both depending on the style.

While consumers love them for their specificity and convenience (who wouldn’t want all their favourite gourmet food and snacks sent to you each month automatically?), businesses love subscription boxes because they allow for making monthly sales consistent and generating recurring revenue.

If you have what it takes to curate an awesome subscription box experience, this could be the perfect business idea for you.

Earning potential: $1,000 – $100,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: McKinsey reports that 15% of online shoppers have signed up for one or more subscriptions to receive products on a recurring basis, frequently through monthly boxes. The report also states that the subscription eCommerce market has grown by more than 100% a year over the past five years. In another report, Barclays noted that 81% of UK households are signed up to at least one subscription.

85. Start a Membership Site

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A membership site is a website that offers exclusive content or services to its members, who pay a monthly or annual fee to access the site.

This could be anything from premium articles and tutorials, to exclusive videos, podcasts, or even private online communities.

The key is to offer high-quality, valuable content that people are willing to pay for. If you’re an expert in your field and have something valuable to share, starting a membership site could be a great business idea for you.

Not only will you be able to monetize your expertise, but you’ll also be able to build a community of engaged, paying members who will value your content and what you have to say.

Earning potential: $3,000 – $100,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: 53% of content consumers believe paid content offers higher value than free, public content and will gladly pay for the same if they need to.

86. Provide Home Automation Solutions

Provide Home Automation Solutions
Also known as “smart home” business, a home automation business uses technologies like sensors, the Internet and automation control to create a centralized, digital system for homes.

It is a rapidly growing industry that allows homeowners to control various aspects of their homes remotely. From automated home security systems, lighting, HVAC, and energy-saving devices to automated vacuums, smart controllers, and self-cleaning toilets, there’s no shortage of products and services to choose from.

Home automation makes everyday life more convenient and gives people more time to enjoy the things they love.

If you’re passionate about tech and helping people make their lives easier, starting a home automation business could be a great business idea for you. You’ll need to have a strong understanding of the various home automation products and solutions on the market, as well as the ability to install and troubleshoot them.

Your services can include automation setup and installation, custom solutions, support, and maintenance.

Earning potential: $4,000 – $70,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: In this $150+ billion market, the number of active households is expected to amount to 573.7 million users by 2026.

87. Build Niche Sites

Provide Home Automation Solutions
A niche site zeroes in on a minuscule section of a market, focusing on a very specific subset of a broader market with the end goal of monetizing its traffic.

And while there are many large, general-interest sites out there, niche sites target a smaller, more engaged audience who is more likely to convert into customers or subscribers, or click through to buy the products or services you’re promoting.

Sites like these typically earn revenue through ads, affiliate marketing, or digital products such as online courses, private communities, or ebooks.

The thing is to build multiple niche sites that focus on different specific topics. This will give you a diversified portfolio of sites that generate passive income from multiple sources and can withstand changes in any one particular niche.

Earning potential: $200 – $50,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: On average, the majority of niche site publishers own a minimum of 10  small sites in order to generate a substantial amount of income.

88. Start a Paid Private Social Media Group

Provide Home Automation Solutions
Whether it’s a paid private Facebook group, a Telegram channel, or a Slack group, starting a paid social media group can be a great way to earn recurring income from subscribers who are willing to pay for exclusive content and access.

This business model is similar to that of a membership site, but instead of building a site from scratch, you’re using an existing social media platform to create and manage your group.

The key is to create a group that provides value and caters to a specific niche or group of people. For example, you could create a paid private group for digital nomads or web developers to share resources, discuss challenges, and give and receive feedback.

You’ll need to share super quality, unique content that is not easily found out there and also promote your group heavily to get it off the ground, but once you have a loyal following, you can start charging for access.

Earning potential: $300 – $2,500+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: A recent report shows that almost half of the world now uses social media (59%), which amounts to 4.70 billion people—including 227 million who only started using social media in the last 12 months. The average daily time spent using social media is 2h 29m.

89. Launch an Online Advertising Agency (Media Buying)

89. Launch an Online Advertising Agency

Online advertising agencies (or media buyers) help businesses and individuals promote their products, services, or brands through various forms of paid ads such as search engine marketing (SEM), pay-per-click (PPC), social ads, display ads, and so on.

Advertising agencies are experts in designing and executing effective campaigns that generate leads, conversions, and sales. And with more businesses shifting their marketing budgets to online advertising, there’s never been a better time to launch an agency of your own.

You’ll need to have a strong understanding of the various online advertising channels and platforms, as well as the ability to create effective ad campaigns that deliver results.

If you’re up for the challenge and have what it takes to succeed, this could be a great business idea for you.

Earning potential: $3,000 – $100,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Digital ads accounted for more than 66% of the total global advertising spend in 2023. According to the latest projections, digital advertising revenue will surpass $700 billion by 2025.

90. Make Money on TikTok and/or Instagram

Grow Instagram and TikTok Following to Attract Sponsorship

Instagram has quickly become one of the most popular social media platforms with over 1 billion monthly active users. And with TikTok having a rave party at the moment, an increasing number of users are flocking in their billions to the platform to consume short-form videos.

As a result, more and more businesses want to get in on the action by sponsoring influencers with large followings.

If you’re good at growing a following on either of these platforms, this could be a great business idea for you. You could be in high demand by businesses looking to sponsor your content.

Additionally, TikTok offers creators the opportunity to earn coins and gifts through livestreaming or even join the TikTok Creator program in which you can make money based on your content’s views and engagement.

Earning potential: $500 – $100,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students, Kids & Teens

Key Data To Note: Influencer marketing is big business, worth more than $16 billion. Data from HypeAuditor found that nano-influencers with fewer than 5,000 followers have the highest engagement rates (5%). This seems to decrease as the follower count skyrockets, until reaching celebrity level (1.6%).

91. Grow and Sell Social Media Accounts

Grow Instagram and TikTok Following to Attract Sponsorship
Established YouTube channels, Instagram accounts, TikTok accounts, Facebook pages, Twitter and even Pinterest accounts with a strong following can fetch a high price tag.

If you’re good at growing social media accounts, then you’re looking at a potentially profitable money sack. You can grow the account organically and then sell it off to businesses or individuals who are looking to tap into a ready-made audience.

There are a number of places where you can go to sell your social accounts, such as Fameswap and Social Tradia.

Earning potential: $100 – $10,000+ per sale

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students, Kids & Teens

Key Data To Note: There are several reasons why buyers purchase social media accounts but 81% buy because they believe the account has potential customers that could be interested in their products or services.

92. Get Started in the Food Niche

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Food is simply one of those niches that will never go away. People have to eat, after all. If you love food and cooking, then you may want to consider starting a business in the food niche.

You could choose to start a food blog or recipe site that offers recipes, cooking tips, and more. Or you could launch a YouTube channel and share your favourite recipes with the world. If you have a knack for meal planning, you could start an online meal planning service that helps people save time and money. And if you’re a talented cook, you could create and sell a cookbook with your best recipes.

No matter what your interests are, there’s a way to make money online in the food niche. So, if you’re passionate about food, then this could be the perfect business niche for you.

Earning potential: $1,000 – $100,000+ per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students, Kids & Teens

Key Data To Note: Revenue in the food market topped $8.66 trillion in 2022, out of which 7.8% were generated through online sales. The market is expected to grow annually by 6.72% (CAGR 2022-2027).

93. Do Micro-tasks for Extra Cash

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Micro-tasks are small, simple tasks that can be completed online in exchange for a small fee. They’re usually quick and easy to do, making them a great option for people looking for ways to earn a little extra cash in their spare time.

There are many different types of micro-tasks, from taking surveys and providing feedback to testing websites or apps, and even transcribing audio or video files. And there are a number of websites where you can go to find these tasks, such as Swagbucks, InboxDollars, Amazon Mechanical Turk, and even Fiverr.

However, when doing micro-tasks, it’s important to be aware of scams. There are many unscrupulous people and businesses out there who will try to take advantage of unsuspecting workers. So, only work with reputable companies and be sure to read the fine print before starting any task.

Also, keep in mind that you won’t make a lot of money doing micro-tasks. But if you’re looking for a way to earn a little extra cash, they can be a great option.

Earning potential: $200 – $1,500+ per month

Capital requirement: Low

Suitable for: Gen Zs, College Students

Key Data To Note: Appen reports that while the tasks are small, the global microwork job market has grown to more than $1 billion in the last decade. The same report found that 97% of micro-taskers said they received a fair reward for completed microtasks.

94. Start a Cosmetics, Bodycare, and Beauty Business

Start a Cosmetics, Bodycare, and Beauty Business
There are a number of different ways to get involved in the beauty industry. You could start a cosmetics line, a skincare line, or a haircare line.

You could also start a blog or YouTube channel where you review and recommend beauty products. If you’re especially talented in the makeup department, you could even start offering makeup services.

No matter what your skills and interests are, there’s a way to make money in the beauty industry. So if you’re passionate about cosmetics, skincare, or hair care, why not start your own business in this booming industry?

Earning potential: $1,000 – $100,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: Revenue in the Beauty & Personal Care market amounts to $534 billion in 2022. The market is expected to grow annually by 5.86% (CAGR 2022-2026). The market’s largest segment is the Personal Care segment with a market volume of $241.50 billion in 2022.

95. Create and Sell Canva Templates as Printables

Sell Low-Content Books on Amazon and Other Online Marketplaces

Canva is a free-to-use online graphic design tool that makes designing beautiful creative assets easy for everyone. From social media images, videos and gifs to posters, website graphics, booklets, multimedia presentations, and heaps more, Canva is an invaluable tool for helping you level up your design skills, even if you’re just getting started.

If you have a flair for design and a good eye for aesthetics, creating and selling Canva templates as printables can be a profitable venture.

Printables (or digital downloads) are items that you can download immediately after buying them online, and print at home or office; or use digitally.

You could offer templates for planners, menu cards, resumes, invitations, low-content books, calendars, stickers, thank-you cards or artworks – the possibilities are endless.

You can sell them on your own website or through various print-on-demand platforms such as Etsy, Amazon and Society6.

Earning potential: $1,000 – $23,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: Canva offers over 250,000 free design templates and more than 100 free design types (presentations, posters, social media posts, etc). With their premium version, they offer over 610,000+ templates. Canva’s free version includes over one million photos and graphics that can be added to projects. Their premium version offers 100+ million photos, stickers, graphics, audio, and videos for customization purposes

96. Set Up an IT Training Online School

Sell Low-Content Books on Amazon and Other Online Marketplaces
Have you mastered a popular IT solution or software program such as Cisco, Microsoft, Adobe, Zoho, Salesforce, or HubSpot? Can you provide education that targets the Information Technology (IT) market?

The demand for IT knowledge is growing at an unprecedented rate. You could start an online software training school to cash in on this trend.

Your students will comprise business professionals, job seekers, and business owners seeking to improve their proficiency in a given software program. You could offer webinar lessons, video tutorials, or even small group training sessions.

Earning potential: $1,000 – $16,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs, College Students

Key Data To Note: According to Gartner, 70% of people report that they do not have mastery of the skills they need for their jobs. Deloitte also reported that only 38% of workers say they have opportunities for learning and development at their workplace. 74% of workers are willing to learn new skills or re-train in order to remain employable.

97. Get into Contemporary Agriculture

Get into Contemporary Agriculture
Contemporary agriculture involves the application of modern technology and techniques to crop production and animal husbandry.

New advancements in technologies ranging from robotics and drones to computer vision software have completely transformed modern agriculture. Internet of things (IoT) enables farmers to better monitor the needs of individual crops and animals, automation in areas such as irrigation and harvesting further ease farm operations while minimizing losses. 

If you’re passionate about farming, then you could get into contemporary agriculture. Whether it is precision farming, vertical farming, or organic farming, there’s vast potential in this sector.

While doing it, you could consider setting up a blog or YouTube channel to share your knowledge and expertise with the world.

Earning potential: $4,000 – $100,000+ per month

Capital requirement: High

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: According to the World Bank, agricultural development is one of the most powerful tools to end extreme poverty, boost shared prosperity, and feed a projected 9.7 billion people by 2050.

98. Start a Travel-Related Business

travel-and-tourism
Have a passion for travel? Why not start a business in the travel niche? There are a number of different options for travel-related businesses.

You could start a travel blog and share your experiences with the world. Or you could launch a YouTube channel where you vlog your travels. If you’re more of a photographer, you could sell your travel photos online.

If you’re more interested in the business side of things, you could start an online travel agency or if you’re especially talented in the customer service department, you could start a virtual travel concierge service.

No matter what your skills and interests are, there’s a way to make money online in the travel and hospitality industry.

Earning potential: $1,500 – $100,000+ per month

Capital requirement: Varies

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: The World Travel & Tourism Council states that following a loss of almost $4.9 trillion in 2020 (-50.4% decline) as a result of the lockdown restrictions, travel and tourism contribution to GDP increased by $1 trillion (+21.7% rise) in 2021 and things have been picking up ever since.

99. Offer Business Support Services Online to Other Businesses

travel-and-tourism
Business support services is a general term that describes work that supports a business but does not produce a tangible commodity.

From business planning and branding services to business incubation and business brokerage, there are a number of business support services you could offer online to other businesses.

There are businesses that need help with setting up and configuring business accounts such as payment processors, CRMs and more. There are also those that need assistance with business taxes and incorporation.

In fact, the list could go on and on.

If you have experience in the business world, then starting a business support services company could be the perfect way to make money online for you.

Earning potential: $1,000 – $10,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: There are currently around 334 million businesses in the world according to a study by World Bank, Statista, Eurostat, OECD, Statistisches Bundesamt, and US Census Bureau. This number is constantly changing as businesses come and go, but it provides a general snapshot of the current business landscape.

100. Get a Full-time Remote Job

travel-and-tourism
This is not a typical business idea, however, my advice to people who are not quite ready to start a business but are looking for a way to make money at home and online is to get a remote job.

There are many companies that offer full-time, remote positions across a variety of industries. And with the rise of flexible working arrangements, there’s never been a better time to get a remote job.

With a remote job, not only can you work from anywhere in the world, but you can be assured of a steady monthly income.

You can use platforms like LinkedIn Jobs, FlexJobs, Remote.co, and Indeed. Or you can search online and reach out to companies directly and inquire about remote job openings.

Just make sure to do your research and only apply for jobs that are legitimate and offer good pay and working conditions.

Earning potential: $1,000 – $15,000+ per month

Capital requirement: Low

Suitable for: Stay-at-home Parents, Millennials, Gen Zs

Key Data To Note: A survey by Owl Labs reveals that 16% of global companies are now completely remote. In a Buffer study, a whopping 97% of respondents said they would like to work remotely at least some of the time for the rest of their careers. In another study, McKinsey discovered that 58% of American job holders can already work from home.

Conclusion:

Business Ideation 101: Solve a Problem!

 

When generating a business idea, the best place to start is to solve a problem.

Think about the problems you encounter in your daily life. Is there something that frustrates you? Is there a task that you dread doing? Is there something that you wish was more accessible, faster, or more convenient?

Chances are that if you can discover a problem, someone out there has the same problem and is willing to pay to resolve it.

And the bigger the problem, the better.

So when you’re thinking of a viable business idea, ask yourself this question:

“What problem can I solve? What human need can I meet?”

This is the 101 of business ideation.

It could be something as simple as providing a service that makes people’s lives easier or creating a product that solves a specific problem. It could be helping people achieve something or providing a much-needed resource.

The possibilities are endless.

This massive report gives you a list of 100 tried and tested money-making business ideas to choose from.

Pick an idea that best resonates with you and get to work.

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About the Author

Zoé King is a successful digital entrepreneur and creator who founded SHiFTCADEMY.COM as a way to help awesome people like you find legitimate and future-proof income ideas so you can make money and shift your life forward!

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