I Want to Start My Own Business But Don’t Know What to Sell is a list of ideas for your own business.
I Want to Start My Own Business seems like a great idea until you realize that you have no idea what to sell. Even if you’re able to generate leads, without an identified niche, you’ll struggle to convert them into sales-ready leads that are ready to pull out their wallets.
I Want to Start My Own Business But Don’t Know What to Sell
Before you panic and think about taking up another career path, let’s look at the best businesses to start when you don’t know what to sell.
Woodworker
Starting a woodworking business is more than selling an assortment of fine wooden products. People need experts for everything from basic repairs and maintenance to building a custom luxury home. There are literally hundreds of options in every size market, so make sure you do your research before deciding that you’re going to be a master carpenter.
The learning curve can be steep, but there’s plenty of demand, especially if you focus on something unusual or high-end (like furniture or cabinetry). If you don’t have any experience with carpentry, it might be best to start with a different kind of business. However, if you’re really passionate about woodworking and have experience doing it as a hobby or part-time job, then starting a small carpentry business could be just what you need.
Online Dating Consultant
Many people dream of starting their own business, but they don’t know what kind of business to start. One option is an online dating consultant. Online dating has exploded in popularity recently. Since many people like using online dating sites, it can be a fun way to make money and build relationships with others. Make sure you focus on helping your clients make good choices instead of just setting them up with someone you think will be a good match for them.
If you help your clients find partners that are truly compatible with them, you will have loyal customers who come back for future services over and over again. This is a great example of how to sell yourself as an expert. You can also do things like give advice based on your experience as an online dater or host free workshops where you teach people how to use various features of different websites and apps more effectively.
Narrowing down your niche
Starting a business requires you to decide on a niche—it’s as simple as that. The first step in finding your niche is determining what exactly you’re passionate about. Find something that excites you and spend time pursuing it outside of work hours. If nothing comes of it, reevaluate your passions and adjust accordingly. Once you’ve found a passion, start brainstorming ways to monetize it. This might be difficult at first but if you keep brainstorming ways to turn your passion into profit, an idea will eventually come along.
Once you have an idea for how to make money off of your passion, research other businesses within that industry or similar industries and see how they operate (and what they charge). This will give you an idea of whether or not there is room for competition in your niche market.
If there are already companies operating within your niche market then consider starting out by providing supplemental services rather than competing directly with those companies (for example: if there are already several pet grooming businesses in town then perhaps starting out by offering training classes for pet owners would be more profitable).
Sewing and Alteration Specialist
More and more people are starting small businesses based around a particular craft or trade. You may have a skill that others don’t, or maybe you just enjoy doing things other people don’t want to do. In either case, your business can bring something of value to customers—and it doesn’t need a lot of startup capital.
Use your existing skills, plus those you learn along the way, and make alterations and repairs for customers in their homes (or for larger businesses). Investing in a sewing machine is an obvious necessity here but if there are certain areas you specialize in (like dresses or leather), consider buying more expensive equipment that allows you to handle these needs better.
Freelance Developer
There are plenty of side gigs available for full-stack and front-end developers. Since you already have knowledge about HTML, CSS, and JavaScript, finding a gig shouldn’t be hard. Look for websites that want custom code created for them (like This Site) or ones that pay $50 an hour or more (like Toptal). Sign up on multiple freelance sites. Get your name out there so people can start recognizing you.
And build portfolio pieces you can show off when applying for jobs later on in your career – even if you never take those freelancing jobs! A solid portfolio will help you land better jobs in less time and make more money down the road. Plus, some freelancers who do find long-term work end up quitting their day job once they get enough steady work from clients.
Check out Upwork for all kinds of freelance work or Freelancer for specific types of projects like writing, web development, and marketing projects. You can also try Fiverr where prices are much lower but competition is higher because there’s less vetting process involved with posting projects (just make sure it’s not plagiarized!). Here’s our list of 45+ places to find freelance jobs online!
Personal Trainer
It’s true that starting a personal training business isn’t for everyone. It is a lot of work and requires an in-depth knowledge of physiology, anatomy, exercise science, nutrition, psychology, and much more. However, if you are passionate about health and fitness and love helping people meet their goals it can be an incredibly rewarding profession.
Some certified trainers start part-time while they go to school or earn their degree; others start part-time while they continue working full-time jobs until they are able to quit those jobs and go full-time as trainers. The great thing about becoming a trainer is that once you have some experience under your belt and build up your client base you can make anywhere from $30-$100 per hour. This means if you want to start making money on your own terms, but don’t know what to sell, consider becoming a personal trainer!
Freelance Graphic Designer
Graphic design is another service that can provide long-term, passive income. While clients will come and go, these projects are always in demand. And if you can land a client who will pay your fee on retainer (say, $500 per month), you’ll never need to look for another client again. If a client comes to you requesting a change in your price or needs their project done by a specific date (assuming they stick around that long), just say no problem.
That money is now yours to either use for bills or saves until your next project. As you can see, the freelancing doesn’t have to be a grind of full-time hours with multiple jobs. I Want to Start My Own Business, Instead, it’s about finding smart ways to make good money as an entrepreneur so that one day, when it’s time to hang up your shingle and call yourself retired, you’re already there.
Just make sure you’re charging enough along the way so that someday soon—even if it’s many years from now—you’re able to live off of those investments rather than needing some other source of income. It takes time, but it’s worth it! Throughout history, there have been people who’ve tried creating different forms of currency as well as inventing different methods of payment between individuals without using actual currency.
Life/ Career Coach
You might want to consider creating a professional life or career coaching business. These services are in demand and can be incredibly rewarding, not just financially but also emotionally. You’ll be helping people through some of their most difficult times and offering guidance that could make a real difference in their lives. To become a life coach, you’ll need specialized training and certification.
Life coaching isn’t cheap; you may have to invest thousands of dollars into your education (the cost will vary depending on your location). But considering that it could lead to an excellent source of income down the road, it’s probably worth looking into further.
Videographer
Why would you want to start your own business? Is it a passion, interest, or just something that you feel like you could do well? If it’s any of those, great! It really is one of the best feelings in the world knowing that your efforts are going towards something you love and believe in. With that said, if you don’t love what you do or what you sell, then starting a business will be difficult.
So why not test out your ideas and see if they work? By doing so, then you can find what makes sense for your life. The bottom line is to make sure whatever product or service fits into who YOU are as an individual because at the end of it all; it needs to fit who YOU are individual!
Bed and Breakfast Owner
As you’ve read above, one of our favorite businesses is a bed and breakfast. This can be an awesome option if you have a home with space for people to stay. However, it’s also an idea that can work even if you live in an apartment. One woman who started a bed and breakfast had roommates, but she often hosted friends overnight when they came into town.
Another woman runs a successful bed and breakfast from her home while living on her boat! So don’t let location stop you from starting your own business—I Want to Start My Own Business you don’t need to live in America’s top vacation destinations to get it done!
Also Read: Top Profitable Business in Pakistan
Conclusion
Our advice for people who want to start their own business, but aren’t sure what to sell, is that you do NOT need a product or service in order to start and run a business. In fact, starting any kind of business, whether it’s an online website or brick-and-mortar store, can be done with just an idea.
The internet makes it easier than ever before for entrepreneurs and small businesses to get started—without having products or services first. Whether you’re looking into starting your own eCommerce site, a food truck business, or another creative concept, we suggest that you give it a shot! The worst thing that can happen is that it doesn’t work out…and hey, at least you tried!
