The rise of the pandemic has changed the flow of money and business stability over the last few years. This has pushed the table of lucrativeness from one business to another. While some businesses are able to survive, others fall, and new ones start to rise. Nevertheless, having a business is an excellent channel to drive more money into your wallet. Therefore, it’s a nice step to take for anyone who wants to gain better control of their financial life.
Are you thinking of starting a business, but you don’t have an idea of which one to start? You should worry no more as I’m set to give you lucrative business examples that you can leverage and scale your finance. I want to remind you that you need to make a decision and follow one course. This is the way to succeed in each of these businesses. Let’s leave the talk and get into the business already.
The rise of the internet has changed many things, of which buying and selling are massive online. When you wanted to purchase an item before, you needed to go to the market or visit the shopping mall. But the story has changed now as you can buy products from the comfort of your home or anywhere you are using the internet. This opportunity is what is referred to as eCommerce. The sweet part is that the buyers are not only the ones to enjoy the convenience of making a purchase; the sellers also have more chances of sales than ever before as they can now sell to any part of the earth easily.
You probably might be surprised to see this and want to ask if blogging is still a good business opportunity to start. The answer is Yes! This holds especially when you have a passion for writing about a subject or have a useful message or story you want to share. Although I might not be able to tell you that blogging is what you start and make money like you’re walking in the park, I can tell you that it can earn you fortune if you put in the required work and patience to build your audience to a significant level.
Just like many other things that show up to bless the universe, web development came in as a business following the internet appearance and the need for every business to adapt and join the digital space. You can learn the skill if you don’t have it already and help companies get online and keep striving in exchange for cool cash.
More than ever before, video marketing is now in high demand. This is due to the improved attention-grabbing and retaining the power of videos over other means on the online space. Businesses want to have videos that can help them to communicate effectively with their prospects and get them to take necessary actions as it works better. If you have the knowledge of creating and editing videos or you would love to learn it, this business is especially for you. You can also extend your skill to making and editing videos for YouTubers while you get paid your portion of the wealth of the growing industry.
This business model is perfect both as a side hustle for those who already have a job and full time if you want to go all in. This is how it’s done. You get other peoples products directly from them or through affiliate marketing platforms, then drive traffic to the product while you get paid your commission on every sale you make. It requires a sufficient level of marketing knowledge, and you can leverage more opportunities through this business.
Do you have knowledge about helping people get out of their mental problems and set their heads straight? If your answer is Yes, then you already have a business waiting to become a reality with your decision. There is now more awareness about mental health around the world due to the increasing rate at which people face problems like depression, anxiety, sadness and other negative thoughts and feelings. This is where therapy comes in. And contrary to what has been known of therapy in the past, you can now set up online and meet clients through text messages and online chat, which makes it easier and faster for them to reach out to you easily when they need you and create a remote business for you.
Digital Products Creation
Maybe you have personalised knowledge about a topic, skill or an authentic solution to people’s problems. You can develop a business out of it. All you require is to turn your knowledge into digital content and market it on available platforms or set up your website to sell the knowledge. You may require some skills like marketing and design or extend the job to those who have the skill.
As technology keeps improving day by day, artificial intelligence is another invention that’s set to boom in a few years to come. This has been used in the production and agriculture industry and is now transmitting its way to other industries. It can save businesses the time of carrying out the same task repeatedly. Since only a small percentage of the business world has tapped into the use of AI, you can get on board and take advantage of the opportunity to create your own troubleshooting consultancy business.
Graphic design is surely not a new thing to the business world. It involves the strategic combination of text, pictures and other elements to convey useful information. They’re not only demanded by businesses, government and individuals but also hire graphic design for their projects. So, if you can put in the time and work to learn, your chance of success is unlimited.
If you love to take pictures or you know how to take high-quality pictures, this is a good business you can start. Photography has been a good business over the past years. And in the present time, people are greatly demanding aerial photographers. This is an open opportunity for those that can take pictures with drones. And if you can’t drive a drone, you can always learn it. You can work for real estate developers, the movie industry, weddings and events and so on.
Whether you’re a student or looking for a part-time business, you can start with little capital; freelance writing is a good option you can select. All you require is a computer and internet connection. You can do this if you have specialised knowledge about a subject or field or can research and blend your style of writing to fit your subject line. Like every other business, you have to prioritise meeting up with deadlines and completing projects to your client’s satisfaction. If you have all these, then you are a good fit for a freelance writing business.
Social Media Management
Since we’re now in the digital age, it has become a necessity for every business to show up in the digital space of which social media cannot be left out. But there are already more than enough tasks on every business list to spend time appearing on social media. This is why businesses are now demanding people who can help them manage their social media account for improved visibility. You can create a business out of this by levelling up what you already know about social media to take and manage social media accounts and pages for businesses and get rewarded.
In the present world, maintaining a sustainable environment is the new call. Gladly enough, people are answering the call and are now ready to go any length in ensuring that we can have a safe environment even if they’ll have to pay. This is why there’s more demand for plant-based products. You could consider starting a business from this growing demand that doesn’t seem to fall anytime soon.
If you have the guts to face peoples untidy homes, this is a good business you can tap into. The interesting thing about the cleaning business is that you can start small with a few pieces of equipment and scale as you earn and purchase sophisticated equipment. The cleaning business you can move into is laundry, carpet, house, mattress and office cleaning. You can start with people in your neighbourhood who cannot do the cleaning work themselves and charge them a fee for helping them. The reward, in the end, is nice if you put in the work.
Amazon Kindle Publishing
This is another way to earn with your writing skill. Amazon kindle provides you with the opportunity to write and sell books even when you’re sleeping. Here is how you can do it. Write a book to solve a particular problem and publish it on Amazon kindle. The review personnel for amazon kindle will review and approve your book if it meets up with their terms. Once they approve your book, it’ll be uploaded to Amazon, where people purchase your book. This gives you the opportunity to earn every time someone buys your book.
Dropshipping is another easy way for anyone who wants to start a business but doesn’t have much capital. It involves the process by which you sell products that you don’t actually own. What do I mean? Suppose you want to sell shoes and clothes, you can reach out to a seller and request to sell their products in your store. This way, the seller will be the one to take care of shipping, procurement and delivery of products to customers whenever they make a purchase in your store.
Food Trucks / Delivery
This industry is fast-growing, and you can also earn your share. Convenience is one of the humans most sought after goals in all that they do. Since mobile food businesses can solve this problem, more people are now buying from them. So if you don’t care to join the street, you can hit the jackpot with this business.
Real estate is an industry filled with huge wealth shared among property owners. However, the thing is that most property owners don’t have the time to manage their properties. So, they’re ready to hire anyone who can help them do that. If you know how to manage properties, this is an ideal business you can start.
Pop-up kitchens is another business anyone can do, especially as a young expert in the hospitality industry. It’s nice because of the flexibility of operation and the opportunity to establish a bigger business like a restaurant or any other culinary related business involved. It has a close similarity with the food truck and home cooking business and is a good way to begin your journey as a culinary expert.
Do you have expert knowledge of a particular field relevant to the growth of businesses and can render adequate advice and direction to help them improve and achieve more success? Then a consulting service is a business you can start. The good news is that you require very little cost to get started, and there’s more demand after the pandemic.
The need for sound education cannot be overemphasised. But parents usually lack time to attend to their children’s studies due to their work. This is where the need for home tutors arises. As a tutor, you can either teach online or offline based on your choice, and the best part is that you can teach various subjects. If you want a business in 2022, you might want to consider home tutoring.
As a culinary expert, your skill will rarely go out of business as taking nice food is a basic necessity of human life. If you don’t have much capital and are not ready to put yourself out of the street, a home takeaway business might be the option you need. Let people make the order, cook the food and deliver it to them for your own cash. It’s nice and amazing.
Pets have always been one of man’s best friends, and that’s why we also cherish and take good care of them.
Just like you can share your ideas through videos and writings, you can also use audio to influence and pass useful messages to others. It is a nice business because you can start with just your smartphone and leverage money-making opportunities surrounding it.
Sell Themes Online
If you can write a line of codes and have expertise in front end development, this is for you. You can create website themes and sell online. Although you’ll need to put in energy and patience, this business can turn out to be a big income-producing one for you.
Sell handicraft Products
If you can skillfully make products by hand, then you already have a business you can establish and build for greater success. Examples of handcrafted products are flowerpots, baskets and so on. You can start where you are, with what you have to start and grow your business over time. If you channel your energy and apply the right marketing and customer service, you can do a bigger business than your imagination.
In conclusion, the business has always been lucrative and will continue to be. You can keep your job while starting a side hustle business. This will give you a better idea of what the industry looks like and how you can cope and push your business to the forefront of the market for better success before you quit your job and head full time into your business. I have provided you with business options you can choose from. Ensure to choose one and focus on it long term until you build it to success.
If you find this content valuable, please sign up for my newsletter and share the content for others to benefit from it. You can also check out my previous blogs such as “12 Ways To Finance Your New Business“. I hope you can now research and select a business to start and leverage to create wealth. You can also join our social media space page for more updates. Which business do you plan to start this 2022? We’d like to know your views and comments in the comment section below.
Recommended books for further reading:
- The Ultimate Small Business Marketing Book
- The Marketing Book: a Marketing Plan for Your Business Made Easy via Think / Do / Measure
- Social Media Marketing Workbook: How to Use Social Media for Business
- Big Ideas… For Small Businesses: Simple, Practical Tools and Tactics to Help Your Small Business Grow
- The Business Book: Big Ideas Simply Explained