4 Business Ideas for Budding Entrepreneurs

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Most of us are caught in the never ending proverbial rat race. The idea of starting your own business is tempting, but elusive, and most don’t even know where to start. Despite that uncertainty, there are many businesses that start-up on a daily basis, and with the right idea you can be one of them. To help you with your search, here are some few business ideas that you might consider.

Social Media Management

Social media has grown in popularity of late, and its use is projected to grow over the next few years. Businesses have adopted it for advertising and conducting sales. These established business owners do not have the time and the knowledge to manage their social media platforms. They are in turn paying loads of money to have someone drive real organic leads. If you can master that skill, you can mint tons of cash.

Smartphone Repair

The use of Smartphone has more than doubled in the last four years. In the US alone the Smartphone penetration stands at 72%. People are using them to communicate, surf the internet, and conduct business. As their usage goes up so does the rate at which they break. You can leverage the situation and set up a Smartphone repair service. There is a lot of information on how to fix these devices all over the internet. With time you will have a thriving business repairing smart devices.

Consultation or Life Coaching

If you have some expertise skills in an area, you can use that to set up a consulting firm. Perhaps you are a computer guru, business guru or any other area that you excel in. The best thing is with today’s technology you do not even need an office to get started. You can do consultations via Skype, Twitter or even Facebook. People are paying a lot of money to consult experts on almost every aspect of life.

Car wash business

We all love our cars, and we take care of them like they are our kids. People are willing to pay as high as $50 just to have their cars cleaned. The best thing is you do not need a huge investment to start. You just need to buy a water pressure machine and a small shed to set it up. As long as you can provide you clients will state of the art car cleaning services; you will be amazed at the much you can make.

Transportation

We live in a dynamic world, with people and goods being shipped from one place to another almost constantly. With this in mind, transportation becomes a very lucrative option. Of course, starting your own airline from scratch would be a staggering undertaking, but you could start something on the ground without too much trouble. Starting your own trucking company, like Bobby Hoelscher Trucking Inc., or your own taxi-type service, like Uber or Lyft, can be done relatively quickly, and with much less overhead than an airplane.

Hopefully these ideas have given you some food for thought. The most important thing when deciding what business to start is remembering your passions. Starting a business entails at least a year or two of really hard work with very little reward before it starts actually paying off, so you need to care a lot about what you’re doing. Find your passion. Start your business.

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