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34 best business ideas for women entrepreneurs
- Last Updated : May 23, 2024
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Are you a passionate female entrepreneur looking to build a successful business? In this article, you'll find 34 profitable business ideas you can use to jumpstart your entrepreneurial journey. These business suggestions have been curated based on their uniqueness and ease of implementation.
"Entrepreneurship is neither a science nor an art. It is just a practice."
— Peter Drucker, Author and modern management theorist
1. Sell online courses
The online course creation business is booming. With minimal investment and no risk, creating online courses has become one of the most sought after business streams. If you have an expertise and are willing to train people, then online course creation is the best way to monetize your knowledge. Getting started in the online course creation business is quite simple; you can build your own website, create a library of courses, and start marketing your courses. You can also check this detailed blog for beginners on how to create online courses.
2. Become an online personal fitness trainer
The online fitness training market is expected to reach $41.43 billion in the year 2024. If you are good at helping people achieve their fitness goals, becoming an online personal trainer can be a lucrative business journey. In the personal fitness training business, brand building is pivotal for creating a reputation and landing clients. So, start focusing on building your brand on social media and local communities. You should also acquire the required level of coaching certificates before offering your services.
3. Ghostwriting services
Ghostwriting is a great way to build a business around your language proficiency. There are numerous opportunities for ghostwriting, where writers are hired to write on behalf of someone. People hire ghostwriters for a variety of use cases. You should also note that the hiring person will not give credit to the ghostwriter and claim the writing to be their own work.
4. Social media manager
Every modern day business requires an inspiring social media presence. If you are skilled at managing social media content, then becoming a social media manager can be a rewarding business. There are numerous businesses looking to hire part-time social media managers to consistently post and manage their social media accounts. The best way to get started is to directly reach out to small businesses, showcase your portfolio, and pitch your services.
5. Virtual assistant services
Time is precious. Especially for people running around-the-clock, saving time is a huge deal. Virtual assistant is one of the popular online jobs available on the market. According to a report, there are an estimated 40+ million virtual assistant job offerings across the freelance marketplaces. People hire virtual assistants to perform operational errands and manage calendars, so they can focus on other things.
6. Start dropshipping
Dropshipping is a retail business model where the business owner doesn't manufacture or hold the products in stock but rather simply facilitates sales transactions between the manufacturer and a buyer. In simple words, the dropshipping business owner markets a product and receives a purchase request. This request is then forwarded to the manufacturer, and the shipping is done directly from the manufacturer to the buyer. In this model, the drop shipper simply marks up the product pricing and reaps profit. This business idea is a great fit for people who have the knack to understand a product and market it better.
7. Photography services
If you're someone who has an eye for capturing beautiful moments, then photography can be an excellent choice of business. You can easily find numerous photography gigs on online marketplaces for events, modeling, and various other works. Photographers are usually selected based on their portfolio and budget, so it's crucial to build a strong portfolio when applying for jobs. You can also target niche photography gigs like food photography, baby photography, and real estate photography to beat the competition.
8. Become a creative illustrator
Artists are always in demand for their expertise in bringing people's ideas to reality. Digital illustrators who can visualize and create digital designs and avatars for varied needs are currently in high demand. With good design hands and a fair amount of digital design tool knowledge, it's easy to bag handsome deals and long-term contracts.
9. Offer babysitting services
The need for experienced caretakers is on the rise, with people more willing to seek the help of babysitters in their busy lives. While you spend your quality time taking care of children, you can easily make upwards of $15/hour. People usually prefer babysitters who are nearby and readily available, someone they can trust. To get started, you can spread the word across your neighborhood and get hired.
10. Create a podcast series
In recent times, podcasts have been the most common type of media consumed by people on the internet. The ease of plugging in a headphone while you go about your day-to-day activities makes it perfect entertainment for people. If you have good narrative skills and can keep people engaged, podcasts are a great way to create content and make money. Though the money you make from marketplaces is minimal, the brand deals and sponsorships can definitely make up for it.
11. Become a voice artist
You can easily find numerous jobs for voice artists on platforms like Fiverr and Voices.com. People hire voice artists for various types of content. If you're capable enough to translate the required emotions in your voice, then becoming a voice artist can be a fruitful profession. You can either set up a home studio or book time in a recording studio and record voices for all the projects in a single shot.
12. Offer wedding planning services
When it comes to weddings, the planning is so tedious it can make amateurs go crazy. If you have experience in event organization and people management, then a wedding planner job is a great way to make money. If you're capable of perfectly planning the special day, then getting sufficiently paid is not a problem anymore.
13. Start event management services
Event planning is an in-demand expertise right now. This is pretty evident as there's been a noticeable rise in the number of event management companies. It's quite simple to get started in an event management business; you can set up your business profile and start pitching your service for small-scale events. Starting with small-scale events gives you the much-needed real-life experience of conducting events and slowly building your portfolio.
14. Become an online brand manager
Online branding is a pivotal exercise for businesses and influencers looking to build a reputation in the market. A well-built brand creates trust amongst a target audience, which in turn contributes to the growth of the business. If you have experience in communications and brand management, then online brand management can be a great business. You can easily find numerous online brand management gigs on freelance websites, or you can directly reach out to nearby businesses and pitch your service.
15. Offer private tutoring services
The global private tutoring market is valued at USD 62.8 billion. If you are an experienced teacher who can assist students with their studies, tutoring can be a great source of income. In addition to in-person tutoring, you can also offer virtual private tutoring, which broadens your reach to help students from anywhere across the world. You can sign up for platforms like Preply and tutors.com to find tutoring jobs.
16. Become a language teacher
People are more inclined to learn a foreign language from native speakers. Becoming a language teacher can be a fruitful business journey if you have the knack and patience to teach people. You can simply check out online tutoring and freelancing marketplaces for opportunities and start pitching your services.
17. Start an ecommerce business
Ecommerce is a flexible online business model where you can sell your goods in any specific market. It's quite simple; you can set up your online shop using platforms like Shopify and Wix. These platforms are quite comprehensive, from helping you build a website to managing inventory and tickets. The best approach is to research the products that are demanded in the market and, based on that, build an ecommerce business around it. The marketing and logistics management are also pivotal in the success of ecommerce businesses.
18. Sell handicrafts
If you are an expert in crafting, you can easily set up an online store and start selling your creations. Build a website, list your handicraft works, and run ads in your target markets. The handicraft demands a little investment in setting up your website, raw materials, and ad spends. The success of the business mainly depends on your craft quality, marketing strategy, and timely shipping.
19. Sell music online
Music sells, that's a proven fact. People are ready to buy music for varied needs in the form of licenses or one-time exclusive purchases. If you're an independent music artist with the skill to create music for specific moods, then create music tracks and start selling them on music marketplaces. The marketplaces will handle the licensing and purchase parts of the business while you release more music people will love.
20. Start affiliate marketing
Affiliate marketing, in simple terms, means you get paid for referrals you drive to a business. It can be simple sign-ups or actual purchases; businesses pay for each referral the affiliate brings in. If you are an influencer or run an active community, you can become an affiliate and start promoting products and services. The process is quite simple; you scout the products that align with your niche, reach out to them, and get started.
21. Become an industry influencer
Industry influencers have the power to impact people's purchase decisions. This is the reason more businesses are hiring influencers to promote their business in one form or another. Though becoming an industry influencer is not a simple task, you can always slowly get started by creating content and engaging in community forums. As you populate more useful content, you get recognized as an industry expert, followed by brand deals and sponsorships.
22. Offer bookkeeping services
Small-scale businesses opt for virtual bookkeepers as they are more affordable. If you have hands-on experience managing finances, you can try becoming a virtual bookkeeper. There's no investment involved; you can simply start reaching out to small-scale businesses online or directly visit businesses in your neighborhood and extend your services. It's that easy.
23. Start a pet grooming salon
Pet grooming is a fast-growing industry. Fur babies deserve occasional grooming, and their parents are more open to purchase them different levels of grooming. To get started, you will require a license depending on your place of operation, and after that, you can set up your shop.
24. Provide pet walking services
Pet walking is a soul-satisfying service for animal lovers who enjoy playing with them outdoors. In addition to walking, you can also offer additional services like pet sitting and dog training, offering complete pet care service.
25. Start a YouTube channel
In 2024, who doesn't want to be a YouTuber? The social media platform is helping more creators build progressive businesses at scale. All you need is an eye to create content that attracts audiences and be consistent with your efforts. Besides the Google Ads revenue, you can also earn money through brand deals, affiliate marketing, and even sell your own products.
26. Sell digital products
Minimal investment and low risks are the major advantages of getting started in the digital products business. Not just limited to courses and ebooks, you can also sell templates, guides, planners, podcasts, and audio notes as digital products. The important thing is to build a reputation in your niche community and offer valuable resources. This creates a sustainable sales funnel for all your digital products.
27. Rent out extra spaces
If you have unused space or a free garage, you can rent it to other people. Renting extra space is a great business with little investment and effort. You can simply take high quality pictures of your space and list them on marketplaces. You can also highlight available amenities to improve your bookings.
28. Advertise on your cars
Businesses pay money to advertise on your cars every month. You can find numerous gigs like these on platforms like Carvertise and get your car wrapped with advertisements. This is a great passive income option where you can easily make $500/month.
29. Rent out tools
You can make money from the power tools sitting unused in your garage. Renting out power tools and other equipment can be a great business idea. Make a list of all the tools you can rent out and get them listed on websites like Facebook marketplace. Consider offering pick-up and drop-off services for added convenience.
30. Become a personal chef
Run your own catering business. If you are an expert in a particular cuisine, then you can offer niche menus catering to exclusive events and clients. You can also focus on running bulk catering services for events and local businesses. You can easily attract clients by advertising your services in local communities through posters and digital ads.
31. Become a product reviewer
Be a digital guru people can trust before they actually purchase a product or service. Online product reviews have become a huge trend and play a pivotal role in impacting people's buying decisions. You can focus on a particular niche and genuinely review products to build a reputation in the community. As you build your brand, you can maximize your earnings through brand deals and affiliate marketing.
32. Start a creative agency
Creative agencies offer comprehensive creative solutions that include social media management, video production, website designing, and branding activities for businesses of all sizes. If you have an eye for creativity coupled with the technical expertise to handle diverse business requirements, you can start your own creative agency. You can always hire freelancers when an additional hand is required.
33. Audiobook narrator
Digital books are slowly transitioning into audiobooks where people consume their favorite books as audio tracks. This is a growing trend with an increasing number of users on websites like Audible and Audiobooks.com. It's quite easy to get started as an audiobook narrator. You simply have to make minimal investments in good microphones and soundproof a recording space. You can also practice different voices and accents to address broader offerings.
34. Become a traveler host
You can run your own traveler hosting business where you can craft unique travel experiences for tourists. Not just offering a place to stay, you can also offer them local food, curate unique itineraries, and accompany them to local attractions. Travelers are more open to choose hosts that offer all-inclusive services, which makes the travel more comfortable.
In addition to the choice of business, you should also note that business success depends on your strategies, decision-making abilities, and people management skills. There's no single proven formula to succeed in any business; it is a practice you master through your entrepreneurial journey.