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Startups

Top 15 Innovative Startup Ideas You Can Easily Start in 2020

Startup Ideas

Do you dream of being free from your boss and choosing the hours you work?  If that’s the lifestyle you want, you need to start your own business.

Here are some startup ideas that will make a profit and allow you to quit your 9-5 job.

Online Coach

Do you love to share your expertise with others? Consider becoming an online coach.  You can consult with clients over the phone or via Skype. 

Alternatively, you can publish informative videos on YouTube that help your subscribers achieve their goals.  When you’ve got enough subscribers, look into the various ways to monetize your channel.

Online Assistant

If organization is one of your key strengths, you would probably make a fantastic online assistant. Break-in and build your reputation by snagging jobs on Upwork, Fiverr, and other freelancing platforms.  After you’ve gotten yourself established you will probably earn a pretty healthy income.     

Graphic Designer

If you are more of the creative type and you know how to use programs like Adobe or Photoshop, a graphic design business might be the perfect startup idea for you.

Even if you don’t have any experience with design platforms, that’s okay.  There are plenty of online resources, including free courses, that can teach you how to use those programs.      

App Developer

If you’ve got a brilliant idea for an app why not build it?  Of course, the idea is only the start. Developing, marketing, and launching your app will be quite challenging.

But if you are tech-savvy and have a knack for marketing, there’s no reason why you shouldn’t take on this project.  It’s helpful to create a minimum viable product (MVP) which will allow you to offer your app to users, gain feedback, and then improve the app based on its feedback. 

Affiliate Marketer

This startup idea is pretty simple but has great potential for generating a profit.  All you need is a website or YouTube channel that gets plenty of visitors. 

Once your site has enough traffic coming in you can join an affiliate network.  You will earn a commission on each sale of a product or service that you promote.     

Online Course Instructor

An online course allows students to learn new skills and knowledge from the comforts of home.  This gives you a great opportunity to create and teach a course that generates revenue.

Think about your current skills.  Maybe you know how to knit, draw, bake…Whatever your skills are, you can teach them to others through an online course.  You can offer your course on a site like Skillshare or Udemy, where interested students can easily find you.

Blogger

If you love to write, turn your hobby into a full-time blogging business.  Rather than write about a broad range of topics, pick a niche.  This will allow you to create content that appeals to a specific target market.

The great thing about blogging is that it can open up many opportunities to earn income.  Some revenue-generating ideas include:

  • Affiliate marketing
  • Online courses
  • Subscriptions
  • Memberships
  • eBooks

Bookkeeper

If numbers are your thing, here is a startup idea that will interest you.  Bookkeepers are always needed, so if you choose this type of business you will have plenty of potential clients.  When talking to them, be sure to emphasize that hiring you would be a lot cheaper than hiring an employee. 

Fitness Coach

Your love for fitness could lead to a profitable business.  You could start out as a personal trainer then gradually work up to opening your own gym.  You will need business, nutrition and fitness knowledge to succeed in this industry. 

Meal Planner

When starting a meal planning business, there are two ways to approach it.  You could offer to plan the menu for major events, or you could provide your service to individuals who need help coming up with healthy meals.  Either way, this startup idea is bound to be profitable once you’ve established your business. 

Social Media Manager

Nearly every business is taking advantage of social media.  But managing one or more social media accounts can be time-consuming.  Most business owners would be happy to give this task to someone else, even if it means paying for a service.

If you are good at social media this could be the right startup idea for you.  Before diving in, make sure you understand how to advertise and generate leads on various social media platforms. 

Resume Writer

Presenting a quality resume is crucial for job seekers hoping to land the job of their dreams. Unfortunately, not many of us are good at this. 

If you think you can manage to create great resumes that get noticed by employers, this startup idea could be a good fit for you. There will be no shortage of desperate clients who are eager to put the creation of their resumes in your capable hands.

Translator

If you are proficient in multiple languages, become a translator.  There is a big need for this in the legal and medical industries. You can either be a freelance translator or start your own translating agency.

Presentation Designer

Those who aren’t good at using Microsoft Office need a little help when creating presentations.  If you have the necessary skills, you could build a business that provides that help.  And if you learn as many different presentation formats as you can, you will have the ability to serve a wide range of clients. 

Online Journalist

This startup idea requires a degree but if you’ve got the education this type of business is worth pursuing.  You can start by working for other online companies before establishing your own channel. 

Your channel could be a blog or a YouTube channel. Once you’ve got some dedicated followers, monetize your channel by placing ads on your site or videos. 

All of these ideas will take time, work, and dedication.  But they are all possible to attain if you are willing to put in the effort and use the right tools.  So pick your favorite startup idea and begin striving for your dream of quitting your job and being your own boss.

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