Not everyone is going to have that million dollar idea that shoots them towards the rich and famous. The world of business is just not geared up to accept every hot shot entrepreneur into its arms.
Instead, business is far too cruel, with thousands of people putting their life savings, plus loans from the bank, into a business that’s never going to be profitable. Want to know why? Because so many people are going into it with the same idea that hundreds before have had. You have to be so business savvy to succeed, and you have to have that idea that nobody else is doing, like you. Someone is always going to be running the same sort of business as you, but you have to be the one that’s going to stand out from the crowd, in order to actually be profitable. But again, you’re not just going to pop up a business, and within the first few weeks be making a profit. It takes months and months to reach that profit margin, and loss after loss that might knock you down a peg or two. So if you’re just running small business Ventures that aren’t really paying off at the minute, and are looking for one solid idea that will bring you profit, then this is the article for you. There are some surefire business ideas that are hot right now, so if you miss your chance, you may never have the business of your dreams! So keep on reading, and see how you could adapt yourself to one of these fabulous business ideas!
The Fitness Industry
The fitness industry is booming at the minute, and failing to notice that could see you missing out on one of the best ideas to go for. Fitness is something that the whole world is buzzing about at the minute, and that’s largely due to social media. There are social media influencers who are posting their fitness journey on Instagram, inspiring the world to do better. The glamorous health filled life they’re showing is just so appealing, and it’s the perfect way for you to grip a wide group of people at once. Obviously, you’re going to have to have an interest in fitness yourself, but we know a lot of you reading this will be truly passionate about it. So the first step would be to create yourself a social media profile and build it up.
Around the world people would look to you for inspiration, and building that name for yourself through social media is so important. It might take a fair while to do so, but it’s so easy to do! You can then build your own personal brand, and use it as a platform to start personal training. Now this is where the true money comes in, but you have to learn how to retain personal training clients, so that people aren’t just coming to you for the odd session. You need to make sure that you’re basing your pricing fair, because it’s obvious that the only real thing you’re going to be charging your client for, is your time. As long as you have a connection with a gym, you can take clients in there to train, and all you’ll have to do is cover a small fee for the gym. So the profit margin could be huge. If you were to charge £20 for a personal training session, which is the standard going rate, you could profit £10 or more each time, for an hour session. So if you were to get seven clients in each day, you’re making a nice living off doing something so simple. You could build on that profit by working alongside brands to do sponsored ads on Instagram, which is one way a lot of influences make their money!
Social Media Marketing
Social media marketing is something you’ll have to train in first. There are plenty of online courses to start you off, and once you have that qualification to back you, there’s no end to the money you can make. The best way to make this one a really lucrative business, is reach out to all of the small startups that need the help. Social media marketing is pretty much a free marketing method, so again, you’ll be making your money based on time, rather than calculating it on the resources needed. New startups are the best to target, as they’ll be looking for cheap and easy ways to build up their online presence, and for you to be their social media account manage, you could facilitate that! There are tons of small businesses starting out each day, you’d just have to put in the ground worn to find them!
Online Business Coaching
Online business coaching would again, require you to have a form of education. But as with social media marketing, this is easily obtained through online courses. Now, online business coaching is great for those small businesses you could target as you would with marketing. They’re looking for someone to tell them what to do, to ensure they have a business that will go all the way. Some people start up a business without a clue what to do, and this is where you’d swoop in to help. You could run online courses showing them how to build a lucrative building, hold Skype chats to provide on the go information, and charge per interaction they have. Tons of terrified entrepreneurs would jump on this, so start building your brand, and reaching out to those in need!
Investment Businesses
This is another one that you might have seen plastered all over social media, but investment is one of the best places to be at the minute. Forex trading in particular is making people millionaires. You could self train in this, spending months learning the ins and outs of Forex trading. Once you have that basic understanding, you can start investing big money, and seeing an even bigger return. You could then move onto coaching, helping other people to invest money and make thousands like you could potentially do. This is a really exciting one, and we highly recommend you jump on this idea!
I love it when individuals come together and share thoughts. Great blog, keep it up!
Cheers mate!
An intriguing discussion and there’s no doubt, you should write more on this topic. To the next and all the best.
Cheers matey!