It’s the turn of the decade. We’re entering an era in which business could boom if things cook outright. But you must act or you’ll lose out.
This might be something you already understand. You’re sitting there ready with cash in hand to invest. What’s holding you back? You’re drawing a blank.
You might have a notebook chock-full of new business ideas. The few you’ve tried have gone bust. You’re afraid that the ones inside your notebook are just as faulty.
Fear not. I’m here to offer you some surefire business ideas that can make you excellent money in 2020. Let’s get busy.
1. Start a Cleaning Service
“Dirty,” you whisper as you walk into Apartment 2B on Broad Street. But your client has paid you handsomely and they’ve scheduled you out until the end of the year.
Cleaning the toilet is the most hated chore in the United States, closely followed by cleaning the oven, removing hair from the drain, and unclogging a sink. People hate cleaning their house. It’s almost a universal dislike.
This means your client base is massive. And you’ll have no shortage of work if you play your cards right. Be sure to find out more about the equipment you need to complete a thorough job before calculating your capital costs.
2. Online Retail Fulfilled by Amazon
Ten years ago, to run a retail store online, you needed to clear out your entire garage or living room just to store your inventory. Starting out as a small retailer was hell on the family. And your wares weren’t exactly safe as the dog or the child might find joy in re-arranging your inventory.
Today, you don’t need to sacrifice personal space just to run a retail business. Shipping and fulfillment are as easy as buying stuff on Amazon. All you need to do is set up an account, a storefront, sign your life away to Amazon, and you’re good to go.
There are several options for starting a retail business. You could get your original idea manufactured and sent directly to Amazon. You could have local retailers sell through your store and you take a commission for the work of setting up the store and maintaining a website. Or you could use overseas bulk suppliers who might or might not be reliable.
Any way you cut it, Amazon’s fulfillment service is magnificent and empowering to small-business owners and retailers.
3. Design Software
Coding is the future. Your kids are going to know how to code like we knew how to type better than our parents. But that doesn’t mean you can’t catch up.
There are plenty of easy and free ways to learn how to code. And selling software you create or working on other people’s software could make you a six-figure salary easily.
You could go for a job coding once you learn, of course, plenty of tech startups and companies are hungry for new blood and great talent. But what if you could take on several projects at once and make even more money? You might gain a reputation and even be able to hire an employee.
Once you learn to code and understand computer system architecture, you could work in really any industry. Tech is so pervasive that almost any niche will hire you if you’ve got the skills and the drive. Near-instant money, people!
4. A VR Business
This one is a bit pricey, but if you live in a city, it’s a great venture. Businesses will pay top dollar for simulated training or team-building exercises in VR.
You could start a VR arcade for those who can’t afford a rig themselves. Or you could rent out rigs to businesses who want to impress their clients.
The real estate business loves VR because it puts people in houses before they’re built. You could combine this idea with a coding business and create realistic housing simulations for real estate companies.
VR is so new that the applications are almost limitless and the tech is only getting better. Keep an eye on this niche for more ideas down the road.
5. Sell Information
You know something about something. It really doesn’t matter what it is, if there’s a demand for information, there’s a way to make money off that demand.
Selling info products can be exceedingly scammy, but if you’re genuinely helping other people improve their lives, what is your info worth?
Another name for this industry is called funnel-hacking. And only the most ardent need apply. It takes constant vigilance at first.
Those who jump into info sales are the kinds of people who would trade their 40 hours a week job to do 60 hours of marketing a week. The great thing is, once you get your funnels and your social media/ppc campaigns/webinars built, your workweek shrinks significantly.
The funny thing about the info business is that the chaps on the inside continually crave more. They never stop building. And thus, the four hour work week becomes a myth for them. But they don’t care. They’re rolling in money.
6. Social Media Management
Unless you’re a celebrity like Taylor Swift who’s fans would fall on a spike for her and subsequently run all her social media gratis, you don’t have time to answer fans and keep up the chill social media accessibility vibe. You’re going to need someone to run your social media campaigns.
This is why social media management is the perfect job for anyone who loves crafting the perfect tweet or the perfect Insta post. If you know social media inside and out and you understand marketing, you could make mega bucks running someone else’s social media.
And, with social media crafting and scheduling tools, you can maximize your time and stay ahead of your work. Then you’re able to take on even more clients and make even more money.