20 Small Business Ideas That’ll Make You Money in 2020
As you can see from the title of the article, I am ready to share with you 20 small business ideas that will bring you money undoubtedly. While some people don’t know where to start, some entrepreneurs practice various business ideas and accomplish their goals. Luckily, you came across this article and about to learn about 20 business ideas that will top up your account in 2020.
Top 20 Effective Ideas for Small Businesses
So, in this article, I am going to share 20 incredible and simple ideas to start your own business and get real money. Let’s start!
Create your own blog
You must have heard of bloggers who make thousands of dollars just by writing about something they know well or passionate about. You can search for blogs by topics that interest you and see a countless number of samples. Check them and see what people write about. Those blogs easily draw attention and make readers become interested not only in what is written by the writers of those blogs. A recent survey shows that 73% of bloggers who earn more than $50 thousand a year write for a specific group of readers while only 24% write for a wide audience.
Guide in your city
If you love the city you live in and know its history, you can become a tour guide. It’s a great opportunity to meet people from around the world and make good money. Being a guide in the city where you live can be a full-time job as well as a part-time job that you can do weekends.
Start an online course
Nowadays, people share their skills and knowledge online through various online course platforms. What is your expertise? Think of what you can teach others or how you can help them. Maybe you speak Spanish fluently, maybe you are a talented at makeup artist, or advanced in yoga. You can start your small business from home without a big investment.
Sell photos
If you don’t like the idea of being a photographer but you are good at taking photos, consider selling your images to stock platforms like Unsplash or ShutterStock.
Resell stuff
It’s a good idea to do charity and take your clothes to charity shops, however, it can bring you money. Clothes, accessories, and home appliances that have been already used can be sold on AliExpress or eBay. You can also try reselling. For example, you can buy brand new clothes for $150 and sell them for $200. So, you make $50. I think it’s quite good for a start. To make your small business productive, you should research the most popular items and focus on them. Become a supplier with a huge database of consumers.
Translate
Platforms like Upwork and Flexjobs search for translators from around the works. If you speak Russian or Chinese, your skills will be highly appreciated and paid off well.
Write
If you have always enjoyed writing, you can create your own website or social media account and advertise your writing skills. There is no business that doesn’t need a writer nowadays. Freelance writers have lots of tasks for different companies writing blogs, news, press releases, etc.
Sell phone cases
Cases for mobile phones is a great business. It’s an important accessory that everyone buys. With Case Escape solution, you can create unique cases and successfully sell them online.
Get into Web development
Many young people have decent HTML and CSS skills, so they can develop apps and websites. Web development is one of the most demanding skills and if you have already practiced you skills and saw good results don’t skip this idea.
Become an Instagram influencer
Another smart small business idea that will bring you money in 2020 is promoting stuff on Instagram. If you have been successfully leading your Instagram page and have many followers who are interested in your life, then it’s a good start. Maybe you just need to gain more followers and marketers will contact you automatically in order to promote stuff with huge pay-outs. Some Instagram followers ear $500 minimum for promoting let’s say beauty products in their accounts. Some make a few thousands of dollars for a single post.
Create greeting cards
If you consider yourself a good writer and have always been good at writing essays at college, consider writing greeting cards and selling them online.
Virtual assistant
If you don’t want to work from an office but still want a prestigious job, you can become a virtual assistant. The number of companies that search for a skilled, smart, and self-disciplined assistant grows very fast. Your tasks will be to provide administrative service. You will need to have a device, a good Internet connection, and a quiet place so you can make important phone calls.
Native English teacher
People from around the world want to learn English. Online courses are good but a live chat in Skype with a native speaker is a priceless experience.
House cleaning
If working in the office is something that you have always tried to avoid why not try house cleaning. All you need to have is a set of cleaning tools. You can start cleaning houses yourself or hire people who do it best and real with administrative services.
Travel consultant
If you live traveling yourself and know the best websites to book plane tickets, rent a car in another country, and reserve a hotel, then you can become a successful travel consultant. You can start practicing your skills by helping your family and friends. When people are satisfied with the service, they always share it with people who they care about. So, you will soon get people to ask you to arrange a good trip for them. With the help of social media, you da easily promote your services.
Photographer
You must have lots of photos on your smartphone or you heard people saying that they like your photos. Investing in a professional camera will make you a photographer who will be invited to birthday parties, weddings, and other important events.
Taxi driver
If you hate sitting in the office or at home, you can travel around your city. Nowadays, many people become Uber drivers and get good money. All you have to do is to own a 4-door vehicle, provide your driving license, prove that you have more than 3 years of driving experience.
Airbnb host
You can start your small business by letting others stay in your flat. It’s amazing if you have unused space. However, you can make money by staying sometimes with your family and friends when people book your flat. Homeowners from around the world have been taking advantage of this idea for years, so you should try it out too.
Create your YouTube channel
Some YouTubers make big money by filming their life. Travel, food, and beauty blogs are especially popular today. Did you know that YouTube pays $5 per 1000 views? If you are talented at creating entertaining content, this is the right idea for you.
Podcasting
Do you have interesting stories or skills to share? In 2020, podcasting is incredibly demanding. People from all over the world choose to listen to podcasts rather than reading books, therefore, don’t skip this idea.
Become a guide in your city
If you love the city where you live and know its history, you can become a tour guide. It’s a great opportunity to meet people from around the world and make good money. Being a guide in the city where you live can be a full-time job as well as a part-time job that you can do weekends.
Make healthy sweets
Sweets without sugar and cakes without flour are in big demand. However, not everyone has time and patience to bake healthy sweets. If you are good at baking, you can start a fast-growing business baking from your home and do delivery yourself for an additional cost. Those who lead healthy lifestyle will bring you good money.
Conclusion
With the rise of digital businesses, young people want to be their own bosses and do things that bring them joy. It’s a trend now to have a blog, an online shop, or be a freelance writer. These are just some of the ideas that successfully implemented by young people from around the world. I have you 20 ideas that can help you to start making money. Think of your hobby and turn it into a job. If you can do it, making money will never be a problem again.
Lilian O’Brien is a passionate journalist who enjoys writing about psychology and human relationships. Over the course of her career, she was a regular contributor to major media publications, and currently, she serves as an editor for onlinechatdatingsites.com.