STARTUP IDEAS (PART-2)
In this post I will discuss about various startup ideas and using these startup ideas you can become a future millionaire. Using these ideas you can generate passive income for yourself.
If you have startup ideas, you can share that on our website by sending us mail at:-
WIRELESS CHARGER(BEST STARTUP IDEA)
As we know technology is getting better and better. And many smart phone companies have launched wireless charging capabilities. As more phones get wireless charging capabilities the demand is rising. Using this startup idea you can generate passive income.
STEPS:-
- Buy chargers in bulk and ship from china using Alibaba.com
- Pay $250 for 100 chargers.
- Promote and market chargers on social media platforms and YouTube ads.
- Sell 20 chargers per day at $10 each
- This means you can earn $200 per day..
PROFIT- $54,750 PER YEAR
CONVERT OLD BUILDING INTO A PUB
- Lease old building in a vibrant area – $3000 per month
- Refurbish interior into pub- $30,000
- Sell 1 drink per minute( average) between 7 pm and 1 am at $10 per drink – $3600 per day
- Pay for stock and other operating costs- $1000 per day
- Operate 7 days per week, 50 weeks per year
PROFIT:-
FOR FIRST YEAR -$845,000
EVERY YEAR AFTER-$875,000
OPEN A GAMING CENTRE
- If you have a space then it’s well and good but if you don’t have space in that case you can hire a space on rent- $500
- Convert it’s interior into a gaming parlour- you can apply radium paints on the walls, apply dim lights.
- Install playstations and xbox in the parlour- 2 playstations and 2 xbox
Total amount invested:-
RADIUM PAINTS- 2*$10= $20
PLAYSTATION/GAMING PC- 2*$350= $700
XBOX- 2*$300= $600
RENT- $800 PER MONTH
TOTAL- $2,120 invested for first month
- Now promote your gaming parlour and charge $10 for one hour of playing.
- AVERAGE: 4 people will play at a single time. In one hour you earned $40 ( 4 gaming sets)
- If your parlour runs for 12 hours you earned $480 in a day. Your monthly income will be $14,400.
- If we deduce your electricity bills, your rent and other requirements you will earn an average of $1000.
Yearly profit:- $12000
SELLING OF A SECOND HAND CARS
- Study the average second hand selling price of a certain model of car in your area.
- Monitor facebook/instagram buy/sell pages for cars of that model needing to be sold as soon as possible
- Offer $350 below market average cash in hand
- Clean and wax car and then take some professional photos $20
- Pay for a classified add on eBay or craiglist $30
- Sell for $200 above market average
Profit – $500 per car or $78000 per year( 3 cars per week)
BUY A TOURIST VAN
- Identify popular tourist attractions within driving distance of your area
- Buy a second hand minivan( $15000)
- Advertise on trip advisor and Airbnb as a sightseeing tour
- Take 15 people per trip, charging $50 per person $750 per trip
- Pay fuel and vehicle maintenance costs $500 per week
- Operate 5 trips per week( 1 time a day), 50 weeks per year
Profit – $154,000 in first year
$169,000 every year after
OPEN A CATERING COMPANY
- Buy your own catering equipments consisting of portable tables, crockery, cutlery, etc.
- Buy food ingredients and hire a chef or ask your friend who can cook.
- Cater for events of 20-40 people $60 per guest.
Profit – $1600 per event
OPEN A HAIR DRESSING SALON
This startup idea is for those who wants to open a salon or want to become a barber.
- Lease a building in a busy area- $1000
- Buy hair dressing equipment (clippers, electricals, hair products etc.)- $2000
- Charge $25 a hair cut
- 3 hair cuts an hour, 8 hours a day – $600 per day
Profit – $156,000 per year
BECOME A GYM OWNER
- Take a building on rent – $3500 a month
- Purchase professional equipment – $50,000
- Promote your gym on social media like Instagram, facebook, youtube, pintrest.
- 200 members at $50 each is $10,000 a month and $1,20,000 a year.
EXPENSES:-
$42,000 a year for rent
$50,000 for equipments
$5,000 misc.
Total – $97,000
INCOME- $1,20,000
Profit – $23,000 for first year.
BECOME A PERSONAL GYM TRAINER
If you cannot own a gym, then this startup idea is for you:-
- Find a local gym, pay a small fee to train clients using their facilities-$50 per week.
- Charge $75 per hour for a training session.
- 5 training sessions per day- $375 per day
Profit – $94,900 per year
After earning good amount of money, invest that money to open a new gym.
AFTER SCHOOL SPORTS
- Choose a sport in which you are confident and have full knowledge about it. Buy a bunch of equipment for example- soccer balls, cones, badminton etc.
- Advertise to students at local schools.
- Charge $20 per student for a 2 hour session after school.
- Run 1 class per day with 20 students per class – $400 per day
Revenue – $146,000 per year.
APP DEVELOPER
- Think of a creative idea for a mobile game.
- Use a site such as upwork.com to get your game designed – $2000
- Promote and market your app to a particular niche on facebook or Instagram $50 per week
- Ad revenue pays $6 per 1000 ad views. 30,000 users each viewing 4 ads per day – $720 per day
Profit – $259,480 per year
SELL STYLISH PHONECASES ONLINE
- You can do this in two ways that is either you focus on one niche(topic) or you can focus on various niche for phonecases.
- Initially you should focus on one particular niche for example phone cases for bike lovers
- Buy phone cases in bulk from sites such as Alibaba.com – $0.5 per case
- Promote and market the phone cases on facebook and Instagram.
- Pay to advertise phone cases on famous pages of facebook and Instagram- $50 per week
- Sell cases on amazon or eBay. 35 cases at $8 each – $280 per day
Profit – $93,212 per year
OPEN A TRAINING COMPANY
- Find a subject that you have in-depth knowledge about.
- Create a series of lecture videos teaching the subject.
- Publish your lecture videos on udemy.com.
- Create 2 more courses, now 4 sales per day per course at $25 each – $300 per day.
Profit – $109,500 per year
CUSTOMIZED T-SHIRTS
- Create some cool designs and slogans for t-shirts.
- Get the design printed from an online print on demand service-$100 for 50 shirts
- Sell 10 shirts per day at $20 per shirt
Profit – $65,520 per year
CREATE A COOKBOOK
- Compile a list of your recipies. Don’t forget to mention your favourite one’s.
- Use a site such as blurb.com to get the book printed – $5 per book
- Sell 8 books per day at $30 per book- $240 per day
Profit – $72,800 per year
FOR MORE STARTUP IDEAS / BUSINESS IDEAS YOU CAN CHECK OUT THIS LINK HERE.
