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13 great business ideas that are still making money in 2022

business ideas that are still making money

By Sprint FactsPublished 2 years ago 4 min read
13 great business ideas that are still making money in 2022
Photo by Austin Distel on Unsplash

If you're itching to start a business but feel overwhelmed by which business idea to pursue, looking at the potential options can inspire you to put your next buck forward.

Low wages and a lack of opportunities for career advancement were the top reasons workers left their jobs in 2021, according to a recent Pew Research Center survey. Many professionals are exploring alternative career options; if you're one of them, you may have realized that to get the freedom and flexibility you need in your career, investing in your own business is your best next step.

Living BYOB (that means “being your own boss” of course!) can be a sustainable way to work toward financial independence. But which business idea is right for you? If you're ready to take the next step on your entrepreneurial journey, here are 13 proven business ideas that will get your wheels turning.

13 business ideas to consider

  1. Create an online course.
  2. Rent or lease existing property.
  3. Start a "volumetric photography" business.
  4. White label cosmetic or wellness product.
  5. Start freelancing.
  6. Start a car rental business.
  7. Tap into the maker economy
  8. Organize a group program
  9. Start a commercial appliance business.
  10. Become an affiliate for your favorite brands.
  11. Start a paid newsletter or subscription.
  12. Offer home delivery services.
  13. Enter e-commerce.

#1: Create an online course

E-learning was worth $250 billion in 2020 and is projected to become a $1 trillion industry by 2027. If you have a computer and something to say that can help people, online courses have low startup costs and high profit margins when you hit the nail on the head.

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But for an online course to fly, you need an audience of people who want to buy it, and that can take years to build. Online course marketplaces like Skillshare can be a great way around the "no audience yet" conundrum. According to Skillshare Marketing Director Liana M. Douillet Guzmán, your online course doesn't have to be as long as you think to be lucrative.

“The best way to succeed as a Skillshare instructor is to create engaging content that is digestible, project-based, and personal,” he says. “Most of our lessons contain around an hour of pre-recorded video content broken down into a series of short 2-5 minute videos. Instead of teaching a broad and expansive set of skills, the most successful classes hone in on one specific concept or skill.”

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“Once you create and upload your content, you can continue to earn passive income without any additional work,” says Guzmán. “We've found that most teachers love the community on our platform and interact with students long after the class has been published. As a teacher, you get paid in royalties based on the number of minutes members watch your class – and as the number of classes a teacher posts increases, so do members' ability to watch your content, incentivizing teachers to further build their presence on Skillshare and to become a successful online creator.”

Guzmán notes that the residual income generated by even one class or workshop can be substantial.

"Our top teachers on the platform earn an average of $2,000 per month, with some of our teachers able to pay their rent on the earnings from one class."

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Related: Top Side Hustles to Consider

#2: Lease or Lease of Existing Assets

When Airbnb burst onto the scene in 2008, the idea of ​​subletting someone else's house for the weekend seemed foreign and bizarre to me. Almost 15 years later, the "rental economy" is now everywhere, and there are a number of "Airbnb for X" startups helping people turn existing assets into money-making opportunities. Among recent "sublease" options:

RVnGO, a platform for renting your RV (or booking it for an upcoming trip)

Spacer, marketplace for garages and parking spaces

Swimply, a subletting platform to rent someone's pool

Are you sitting on an unused yacht or private jet? Call me. Just kidding - but you can use Boatsetter or Jettly to get some extra residual income.

#3: Start a "volume photography" business.

Since smartphone cameras are so good these days, most people only hire a photographer for special events like weddings or parties. For even more bang for your buck, check out photography gigs that involve taking lots and lots of photos in the same setting throughout the day. This is known as volumetric photography.

If you don't have a good workflow, volume photography can quickly overwhelm you. In recent years, management platforms for photographers and creatives have become increasingly popular. PhotoDay, a selling and working platform for photographers, is designed specifically to help professionals who plan to take a large number of photos on shoots.

"My wife and I work together, but all our time has been focused on that - work," says Robin Janson, a professional photographer. “Now we earn more in less time, so we can focus on our marriage and family. PhotoDay has changed the game, whether volume photography is your full-time job or side gig.”

READ MORE:- 300+ Best Small and Low Investment Business Ideas

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