Top 5 business ideas for beginner entrepreneurs to start in 2024, along with potential monthly revenue, a good first step to get started, and an example of a successful business in the space:
1. E-commerce
With the rise of online shopping, starting an e-commerce business is a great option for beginners.
Potential monthly revenue: $500-$5000.
Good first step: research and identify a niche market or product to focus on.
Example of a successful business: Etsy, an online marketplace for handmade and vintage items.
2. Dropshipping
If you don’t have the space or resources to store and ship products yourself, consider starting a dropshipping business.
Potential monthly revenue: $500-$3000.
Good first step: partner with a supplier and create a website to market and sell their products.
Example of a successful business: Oberlo, a platform that connects dropshippers with suppliers and helps them manage their e-commerce stores.
3. Personalized services
Many people are willing to pay for personalized services, such as personal training, tutoring, or event planning.
Potential monthly revenue: $1000-$5000.
Good first step: identify your area of expertise and create a website to market your services.
Example of a successful business: Vicky Virtual, a company that provides virtual assistance services to entrepreneurs and small businesses.
4. Virtual assistance
As more businesses move online, the demand for virtual assistants is increasing.
Potential monthly revenue: $1000-$3000.
Good first step: create a website and social media accounts to market your services and network with potential clients.
Example of a successful business: Zirtual, a company that connects businesses with virtual assistants who provide a wide range of support services.
5. Blogging
If you have a passion for writing and sharing your knowledge or experiences, starting a blog can be a great way to turn your passion into a business.
Potential monthly revenue: $500-$2000.
This resource is fabulous. The wonderful data exhibits the essayist’s earnestness. I’m stunned and expect more such astonishing presents.
Wonderful beat I wish to apprentice while you amend your web site how could i subscribe for a blog web site The account aided me a acceptable deal I had been a little bit acquainted of this your broadcast provided bright clear idea
Simply wish to say your article is as amazing The clearness in your post is just nice and i could assume youre an expert on this subject Well with your permission let me to grab your feed to keep updated with forthcoming post Thanks a million and please carry on the gratifying work
Real Estate I truly appreciate your technique of writing a blog. I added it to my bookmark site list and will
Real Estate I appreciate you sharing this blog post. Thanks Again. Cool.
I have been browsing online more than three hours today yet I never found any interesting article like yours It is pretty worth enough for me In my view if all website owners and bloggers made good content as you did the internet will be a lot more useful than ever before