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15 Stellar Startup Business Ideas for the Burgeoning Entrepreneur

15 Stellar Startup Business Ideas for the Burgeoning Entrepreneur

We live in a gig economy and more and more people are embarking on new business ventures for themselves. In 2016, nearly 34 percent of the workforce was made up of freelancers and that’s expected to rise to 43 percent by 2020.

Whether you’re looking to leave your full-time job behind or embark on a rewarding side hustle, it’s never too late to channel your entrepreneurial spirit. Because we live in such a technology-driven society with the internet allowing us to connect with customers around the globe, launching and maintaining a startup business is easier than ever.

Here’re 15 stellar startup business ideas for the burgeoning entrepreneur:

1. Online Coaching

If you know how to do something well and enjoy teaching others, launching an online coaching business can be one of the most rewarding business endeavors out there.

Whereas pre-internet, you would largely be limited to the people in the city you live in, a camera and internet connection is all that is needed to share your skills with the entire world.

Looking to get started?

  • Write down three skills you’re really good at.
  • Break them up into how-to steps.
  • Begin putting lessons together.

Whether it’s offering dating advice, teaching music or yoga lessons, people are willing to pay for specialized coaching.

2. Social Media Management

If you haven’t noticed already, social media is everywhere and every business on the planet is looking to use it to expand their customer base. It’s how businesses attract new customers and keep existing ones informed about new products and services.

Creating social media posts for businesses and launching campaigns that truly go viral isn’t easy, but for those with a wild creative streak, it can be incredibly lucrative.

If you have experience in navigating the ever-changing social media landscape, the sky’s the limit for expanding your client base.

It should also go without saying that being an expert in social media strategy will prove incredibly useful in growing your own business.

3. Healthy Option Vending Machines

After years of unhealthy processed foods, we’re seeing a movement towards more health-conscious fare. It’s happening in the restaurant biz, and vending machines are likely next to ditch the empty calories.

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Employers want their employees to stay healthy. It means fewer sick days and higher rates of productivity. It’s why so many businesses are looking to ditch the standard junk food vending machines and bring in healthier snacking options.

The healthy vending machine wave is already a strong $43 billion and growing industry and new entrepreneurs have the option of launching with a single machine or fleet of any size.

4. Flipping Websites

Flipping houses is so 2010. Plus, it’s incredibly hard labor and there’s no telling when the housing market is going to take another downward turn.

If you’re willing to do your research, flipping websites can equal some fast cash — though it does require some skill.

Through buying and selling domains on your own or using existing platforms like Flippa.com, this is a business with absolutely zero overhead. When you factor in that every new business is launching a website and a good domain name is everything, this online business will be around for quite some time.

5. Virtual Assistant

If it has the word “virtual” in the job title, then you can bet that it’s a growing industry. There are quite a few companies out there looking online for remote help and assistants are one of the leading roles they’re looking to fill.

As a virtual assistant, you’ll pick clients whom you enjoy working with and will manage their emails, schedule meetings, and complete other tasks that they need done in order to help their lives and businesses run a little smoother.

This startup industry should be especially appealing to somebody who is well organized and prides themselves on planning and helping others.

6. Crowdsourcing

It’s a term you’ll find littered throughout media outlets like Forbes and The Wall Street Journal, and for a good reason.

Renting is more popular than ever. People would much rather pay a few bucks to borrow X or have somebody do X task for them.

It’s precisely why mega crowdsourcing companies like Takl and Upwork are booming and long-established companies like Budweiser and Coca-Cola are embracing the trend.

Looking to launch your own crowdsourcing business?

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  • Build a platform where people can list their goods or services.
  • Get it in front of your intended audience.
  • Take a fair cut of each transaction.

Find the right niche and you just might have the next Airbnb on your hands.

7. Drone Photography

Few technologies have seen the boom in popular culture the way drones have and it’s estimated that some 600,000 are currently in the skies today.

Offering photo and video options that would have previously costed thousands of dollars and required the use of a helicopter, drone photography is a booming industry.

Resorts use them to capture the grandeur of their lodgings from above, farmers use them to monitor crops, and newlyweds use them to take wedding selfies.

With a higher-end drone and good camera, an operator can tackle any number of projects.

8. Property Management

From housesitting to managing a vacation rental, ensuring that one’s property is properly cared for is a service that will always be in demand. Property owners may not be around to handle things like managing repairs or tackling the needs of renting guests and will need reliable help.

It will take some willingness to be flexible in your schedule and knowing somebody who needs their home or property managed will help to help to establish early clients. With a large enough portfolio though, this can be a very profitable business.

9. Eldercare

There are more than 74 million baby boomers in the United States today and as they age they want to continue the lifestyle their accustomed to. Most of them want to continue to live at home, but as they grow older they’ll be in need of more at-home care.

Because of this, there is a wealth of opportunity for businesses that serve the various needs of senior citizens.

Whether it’s helping out with driving and delivery services, cleaning, landscaping, pet care, or medically-specific requirements, this market is a deep well of possibilities for anyone who enjoys serving others.

10. Monthly Box Services

Subscription box services are one of the fastest growing startup businesses today and the vertices for these services are nearly endless.

Seriously, they range monthly tie subscriptions like Spiffster to Cuban snack services like Abuela Mami.

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The business model is so appealing because it allows you to zone in on offering a premium service to a particular niche with continuous recurring revenue.

As the business grows, you can branch out to other products that people may want monthly or bi-monthly. This is exactly how Dollar Shave Club grew from nothing into a company valued at over $600 million.

11. Website Consulting

Remember earlier when we pointed out how every business needs a website? Well, many of them have no idea how to build or maintain a website and turn to outside help in order to get their business on the web.

If you happen to be an IT wizard with an eye for design, then the opportunities to custom build websites are endless.

You’ll need the patience and know-how to deliver a stellar website that aligns with your client’s vision, but you’ll be able to charge several hundred dollars for getting their idea up and running online.

12. Plus Size Clothing

With all the technology focus on this list of stellar startup ideas, launching a clothing business kinda seems out of place.

Customers and retailers are looking for more diversity these days and want collections and products that appeal to every body type.

There’s a real need in the fashion industry for more startups dedicated to curvy bodies and with 25 percent of women browsing through the plus size section while shopping, opportunities abound for the right products.

13. Professional Organizing

Just like virtual assistant, property management and website consulting, there’s a large market out there for those who can make life and business a little easier for others.

If you can declutter an overwhelmed mom’s closet or help a business owner finally tackle the storage room that hasn’t been organized since the Clinton administration, your services will be put to use.

Obviously, this job is only for those who are highly organized and have an eye for making the most out of any sized space. As long as people are messy though, this job will need to be filled.

Bonus: Combine it with crowdsourcing and expand your business faster.

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14. Gadget Repair

Cell phones and tablets are in the hands of everyone, yet most of us don’t know what to do past turning the device off and back on once there’s a problem.

People put their entire lives into these devices and can’t fathom the thought of going a day without them.

If you can repair a smartphone or tablet with a quick turnaround time, then you’ll always have customers.

Companies like iDropped smartphone repair are going national, but with the market for this service being anyone with a cell phone — so, everyone — this industry is going continue to grow.

15. SEO Management

As long as people continue to use their smartphones, tablets and laptops to find their next Chinese restaurant/ landscaping company/ personal trainer, this business will be around.

Businesses big and small want to do everything possible to ensure that customers can find them when a keyword is plugged into Google, and those who know how to work that internet magic are in high demand.

Knowing how to manage SEO really well isn’t something that one stumbles onto, there are hundreds of algorithm classification factors; but it offers a passive income route to earn serious online revenue.

Bonus Advice!

Our world is only becoming more digital with every passing day and those who can figure out how to combine the best aspects of existing businesses with new niches will pull ahead of the pack.

Several of the business ideas above offer the potential to be incorporated into each other and provide you with a greater chance for entrepreneurial success.

Good luck out there!

The Bottom Line

While the business world is constantly changing and trends come and go, there has never been a better time to be a burgeoning entrepreneur.

The internet has allowed us to reach a greater audience faster than ever before and with that comes not only new businesses, but new ways for old business ideas to find greater success.

All of the business ideas above are on the upward swing, but it’s up to you to find the one that fits best and make it your own.

Featured photo credit: rawpixel via unsplash.com

More by this author

Chris Porteous

The CEO of Grey Smoke Media / My SEO Sucks, helping entrepreneurs to grow their businesses.

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Last Updated on December 10, 2019

7 Strategies to Keep Employee Motivation High

7 Strategies to Keep Employee Motivation High

Highly motivated employees are essential to the success of any business. Most people spend a third of their lives at work.[1] That’s a significant amount of time away from home, apart from the people who make us happy and the things we love to do. So keeping employee motivation high is essential for creating an office environment that gets the best out of our people.

But do you know what motivates your people?

It’s simple:

  • Is their work stimulating?
  • Does it challenge them?
  • Is there room to grow, a promotion perhaps?
  • Do you encourage creativity?
  • Can they speak openly and honestly with you?
  • Do you praise them?
  • Do you trust your staff to take ownership of their work?
  • Do they feel safe in their work environment?
  • And more importantly, do you pay them properly?

Every one of these factors contributes to the general happiness of your employees. It’s what motivates them to come into the office each day and work hard, hit goals, and get results.

In contrast, an unmotivated employee is typically unhappy. They take more sick days, they’re not invested in seeing your business succeed, and they’re always on the lookout for something better.

Stats show that 81 percent of employees would consider leaving their jobs today if the right opportunity presented itself.[2] So it’s up to you to set aside time and energy to create a work environment that benefits every one of your employees.

These seven strategies will help you motivate your people to consistently deliver quality work and, more importantly, to stick around for the long term.

1. Be Someone They Can Rely On

You rely on your people to turn up to work each day, to come to you when they have a problem they can’t solve, to be honest, and to always engage professionally with customers.

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But this is not a one-way street. You, too, need to be someone your team can rely on. They trust you to have their backs when a client is unreasonable, to know that the decisions they make are in your best interest, and to make good on your promises.

If you say you’ll attend an important meeting, be there. If your company makes a profit and you’ve said you’ll pay a bonus, pay it. The goodwill of your people is something you never want to test, let alone lose.

Be reliable; it’s astounding how much this motivates your people.

2. Create an Awesome Company Culture

There’s no denying that company culture trickles down from the top. Your leadership and attitude massively influences the attitudes, work ethic, and happiness of your staff. If you’re always stressed-out, overly demanding, and unreasonable, it’ll create tension in your office which will adversely affect your employees’ motivation levels.

In fact, the HAYS “US What People Want Survey” found that 47 percent of staff who are actively looking for a new job, pinpoint company culture as the driving force behind their reason to leave.

So if you have high staff turnover, you need to determine whether your company culture might be the motivating factor behind your churn rate.

Here are four ways to build a culture that keeps your employees highly motivated.

  • Be conscious of the image you present. Your body language and attitude can positively or negatively impact your employees. So come to work energized. Be optimistic, friendly, and engaging—this enthusiasm will spill over to your people and motivate them to be more productive and efficient.
  • Appreciate your people and be reasonable. Celebrate your team’s achievements. If they’re doing a good job, tell them. Encourage them to challenge themselves and try new things. And reward when deserved. If they’re struggling, help them. Work together to find solutions and be a sounding board for their ideas.
  • Be flexible. Give your people opportunities to work remotely—this is highly motivating to staff, particularly millennials. They don’t want to be battling traffic each day on their way to work. They don’t want to miss their kids’ baseball games or ballet rehearsals. Stats show that companies that offer flextime and the ability to work from home or a coffee shop have happier and more productive employees.
  • Create employee-friendly work environments. These are spaces that inspire and ignite the imagination. Have you ever been to Google’s offices? No headquarter is the same. From indoor slides and food trucks, to hammocks, and funky work pods on the wall, gaming rooms, and tranquil interior gardens, there’s something for everyone. It’s a space where people want to be, catering to their need for creativity, quiet, or team building; you name it.

So take a look at your company culture and ask yourself, Is my business an attractive workplace for talented professionals? Does it inspire commitment and motivate my people? What could I do to improve my company culture?

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3. Touch Base with Your Team Weekly

Make time for your people, whether you run a remote business or work in an office, set aside time each week to talk to your people one-on-one. It’s non-negotiable.

When there’s an open line of communication between staff members, work gets done. Don’t believe me? A study by Gallup found that 26 percent of employees said feedback from their leaders helps them to do a better job.[3]

Your people want to feel trusted. They want to take ownership of their work, but they also need to know that when they have a question, they can reach out and get answers. If you’re unwilling to make yourself available, your team will quickly become unmotivated, work will stagnate, and your business will stop growing.

So block off time on your calendar each week to touch base with your people, even if only to let them know that what they’re working on matters.

4. Give Them the Tools They Need to Do Their Jobs Well

Imagine trying to run your business without electricity. How would you contact your clients? What would happen when your phone or computer battery died?

Technology is super critical to the success of your businesses. It allows you to work more efficiently, to be more productive, and to handle matters on-the-go. That’s why you need to give your people tools that will make their jobs easier.

Make sure their equipment is in good working condition. There’s nothing more frustrating than a laptop that takes ages to boot up. It’s got to go. Replace outdated software with new software. Don’t make your designer work in Coreldraw; give them access to the most up-to-date version of Adobe Creative Suite. Take it a step further and buy them a subscription to Shutterstock or Getty Images.

Make working for you a pleasure, not a pain; and watch your employees’ motivation levels rise.

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5. Provide Opportunities to Learn and Upskill

Would you believe me if I told you that 33 percent of people cite boredom and a need for new challenges as the top reason for leaving their job?[4] If you want to retain your talent, you need to upskill.

Thanks to technology, we live in a rapidly evolving world that demands we change with it. A copywriter is no longer just a writer; they now need to be experts in SEO, Google Adwords, CRMs, and so much more.

A pastry chef needs to be a food stylist, photographer, and social media manager. An entrepreneur needs to be a marketer—or at least take ownership of the marketing message for their business—if they hope to scale.

Technology makes all of this possible. No matter your location, your people can continuously expand their knowledge and gain new skill sets—something that’s highly motivating to employees. They want to know that there are opportunities to grow and develop themselves.

If you won’t invest in your people, then your business becomes just another job to tide them over until they find where they truly belong. So be the company that sees value in developing its people.

6. Monitor Their Workload

Overworked employees tend to be unproductive and unhappy. Your people cannot be at full capacity every day, month to month. Something’s got to give. They’ll become deflated and their work will eventually suffer, which will negatively impact your business.

What I like to do is implement a traffic light system. It helps me to keep a finger on the pulse of my business. So there’s red, yellow, and green:

  • Red means they’re fully loaded.
  • Yellow means they’re busy, but they can potentially take on more.
  • Green means they haven’t got enough to do.

I use this traffic light system because I don’t want my team members to be stressed out of their brains all the time. If they are, they won’t make good decisions and they won’t do good work.

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If my people are regularly overloaded, I have things to think about. Perhaps I need to hire a new person to help ease the load or take a closer look at what projects are good to go, and which can take a back seat.

And this is why #3 is essential. If I’m regularly engaging with my people, I’ll know that while they’re coping with their workload, it is impacting their performance and health, and I’ll take action.

7. Don’t Mess Around with Your Employees’ Pay

Never mess around with your people’s salary. As a business owner or high-level manager, it’s easy to forget that most people live from paycheck to paycheck. Delayed compensation can mean a missed bill payment, which could result in costly penalties they can’t afford or hits to their credit score.

So it’s your job to ensure that you pay your people on time.

The Bottom Line

A motivated team is an asset to any business. These people never give up. They get excited about coming to work each day and can’t wait to test a new theory or tackle a particularly tricky challenge. They’re proud of the work they do. And more importantly, they have no reason to leave.

Wouldn’t you rather be part of their success story than the business that drove them away?

More to Motivate Your Team

Featured photo credit: Emma Dau via unsplash.com

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