Best business to start with 50k 2020
BUSINESS IDEA 1 – YOUR OWN CLOTHING BRAND
As we said, almost everything has already been thought of. So you don’t necessarily have to come up with something new. For example, hoodies, of course they have been around for a long time. But the CooperCo Hoodie does not yet exist. CooperCo is the new clothing brand of middle-aged Tim. Tim now wants to market his hoodies step by step. He came up with the name CooperCo himself and the logo cost him €15 at Fiverr. There you can also have a cheap site made, which you then maintain yourself. Printing a hoodie costs almost nothing: € 5 each. Calculate what you’ll earn per hoodie if you buy them for € 20 and put them in your webshop for € 50.
BUSINESS IDEA 2 – DELIVER PACKAGES
Nationwide you have big competitors like Post.nl, FedEx, Save your Packet and DHL. But locally there could be a nice market for you. If you have a car, you can deliver large orders, such as vegetable boxes from a farmer or televisions for the local electronics store. With the (electric) bike you can quickly deliver documents to people who also stay home a lot after corona or just deliver meals for the French fry shop around the corner.
BUSINESS IDEA 3 – WRAP YOUR PRODUCT OR SERVICE IN A SUBSCRIPTION
The advantage of a subscription, of course, is that you get money over and over again. You pay every month for your data plan and every year for your sports club. So guaranteed income for those guys. But did you know that even underpants are sold in a subscription these days. Take a look at On That Ass.
Every month an expensive pair of underpants sent to your home. You don’t want to know how many people have subscribed to it. Maybe you can think of something like that. By the way, business idea 1, 2, 4, 8 are also subscriptions. And idea 6, 7 and 9 you can also put in a subscription.
BUSINESS IDEA 4 – HELP FRESHMEN WITH THEIR HOMEWORK
If you hated school and weren’t good at anything either, skip this idea quickly 😉 . For those who read on, homework help for freshmen and second graders might be interesting and quite a smart way to earn a hefty pocket money. There are lots of guys who have trouble with Maths, English and Physics. If you help them in a good way, you can earn 10 euros per hour. You can even do this online with Zoom or Teams. Literally make money from your couch.
BUSINESS IDEA 5 – BUILD A COOL APP
If you’re a bit nerdy, you can of course make an app. But whether you will make money with it is another story. There are millions of apps out there, get among them. It is usually smarter to target a small niche market. For example, an app that allows you to quickly calculate who will receive a refund after a night out. Or a simple app that reminds old people of grandchildren’s birthdays.
People who can’t build an app themselves sometimes ask what it costs to build one. That’s about the same question as What does a car cost? Of course, that depends on what you want. How many doors and seats, which brand, a panoramic roof or not, electric or petrol, etc. The cost of an app is comparable to a car: between € 5,000 and € 50,000. As a young entrepreneur, an app is therefore almost only feasible if you can build it yourself.
business idea-becoming a dj
BONUS BUSINESS IDEA – BECOME A DJ
Do your friends sometimes look at your playlists with envy? And do your Spotify or Soundcloud accounts already have dozens of followers? Then there is money waiting for you as a DJ. Why? Well, there are many restaurant, company and sports canteens, local stores and cafes that know that they just don’t serve the right music. If you take that off their hands, for example by making new playlists for them every week, you have a great service in hand. A service for which – especially for larger customers – they are willing to pay.