What are the best small business ideas for men in 2020?
Let me guess. You are in your mid 20's to 30's and you want to find a side hustle to generate more money.
Don't worry. I'm not here to judge and as a matter of fact, I totally believe that you NEED to run at least some small business on the side just to stay afloat.
Here are some stats from USA Today before we dive into the top small business ideas for men.
Let me ask you something. Are these stats worrisome?
How do you expect to live better than an average person if you are NOT making enough money?
Are you ready to make some serious progress in your side hustle project and make money?
Continue reading the below for some of the best small business ideas for men.
Note from the editor
The small business ideas that I am sharing in this article are designed to help you to get started with:
- The shortest time available to launch
- Least investment (or no investment at all)
- Doesn't require more than two hours a day
- Possibility of making at least $50 a day
Small Business Ideas For Men Using The Internet
The Internet is the powerhouse that can be very profitable for you in running a small business on the side.
Here are a list of small business ideas for men using the Internet (with the focus of making at least $50 a day).
1. Make money through blogging
Blogging is one of the most overlooked method when it comes to small business ideas for men.
Here are some very serious misconception about blogging:
There are many men who I know, are great bloggers. More importantly, they make thousands of dollars from the Internet using blogging!
Need some name dropping to convince you further?
These are the people that used the blogging platform to skyrocket their business (either on the side or their own business).
How to make money through blogging?
Watch this video to understand why blogging is such a great small business ideas for men.
Of course, this leads us to several important questions.
Where do I start? How can I start a blog?
Don't worry. I got you covered in the infographic below (you can also read this step by step guide on how to start a blog).
Do you know that you can start a blog as low as $2.79 per month? Yes, that's inclusive of domain name and hosting!
2. Dropshipping business idea
You probably heard about dropshipping but you have no idea what it is all about.
The idea of dropshipping is really simple. Take a look at the image below by Oberlo.
The whole idea is that you run an online store promoting a specific product - minus the inventory. Without inventory and stock, your risk factor in dropshipping is literally zero.
Once a sale is completed, the supplier will ship the product(s) over to the buyer and you will get a cut at the end.
Pretty cool, right?
How to start dropshipping? There is only 5 simple steps as follow.
Create an online store
I recommend Shopify online store creator because this is the cheapest option for dropshipping. It offers everything you need to run an online store successfully and it is extremely beginner friendly. Get started here.
Integrate with a dropshipping partner
Finding the right products
This is where the fun begins. The success of finding the right product on Oberlo is by understanding the demand. The easiest way is to choose products that you use on a daily basis (technological items, kids items etc.). There are thousands of products that you can find on Oberlo. Therefore, the sky is your only limit.
Importing the products to Shopify
Once you have selected the products on Oberlo, you can easily import them directly to Shopify in just a few clicks.
BONUS: Leverage Oberlo's bulk importer to import multiple products at once.
Promote your online store
This small business idea for men will not work if you are not putting effort into it. The starting up phrase is probably the hardest where you will need to constantly promote your online store. If you have the budget, I recommend you to run Facebook ads at least several times a month. Alternatively, you should share the store and products on social media platforms to gain visibility.
The process of dropshipping business is fairly straightforward and simple. It does take a little time to grow this small business idea for men and you should be able to see the profit after a few months managing it.
3. Freelancing for quick income
Freelancing can really be a great small business ideas for men if you know what you are doing.
Before you think that you doesn't know if freelancing is right for you or not sure what type of freelance services you can offer, allow me to throw you a question.
What is the ONE skill that you have right now?
It can be proof-reading, writing, data entry, web designing, marketing, consultancy and many more. All of these are marketable in the freelance world.
The concept of freelancing works because anyone can be a freelancer (zero investment) and business owners can save money when hiring freelancers.
How to get started with freelancing?
Create an account
There are many freelance platforms that you can choose from and most of them are free to join. I recommend you to choose either Freelancer or UpWork as both of these sites have high and great reputation.
Creating a professional portfolio
Branding yourself professional is critical. Your portfolio doesn't need to be like 10 pages long, but it has to be detailed enough to convince potential customers to discuss the project with you.
Bid for projects
The last step is to bid for projects. There are several things you need to take into consideration. For example,the bidding pricing, number of bidders (overall), number of high value bidders (great in reviews) and entire project length will affect your bidding price. Therefore, try to outbid your competitors as much as you can to secure the project.
Freelancing is a great small business idea for men and you can easily make $50 a day from freelancing as long as you constantly deliver and perform.
4. Paid content delivery services
This is bad-ass and make no mistake from this. If you are looking for a small business idea for men, consider using paid content delivery services.
The whole concept relates to delivering critical information to a segment of audience who are willing to pay for it. The information can be related to stock prices, crytocurrency news and other important information that will impact their success.
You can easily start this small business idea by sharing information that you are extremely familiar about (and not many who knows it).
Education and information are two important segments that people are willing to spend money on. You should leverage this by creating a paid content delivery that you send out a daily/weekly basis while charging a flat fee for it.
Apart from having informative content, you should also use an affordable email marketing solution to ensure that emails are delivered at the right time without fail.
5. Online courses
Online courses relates very closely to the freelancing business idea. The majority of people are willing to pay a little price for information. This business idea for men is proven with the launched of online courses platforms such as Udemy, Teachable and Skillshare.
People had been spending thousands of dollars on education every year and make no mistake as you are never too old to learn something.
Imagine you are teaching an online course on Spanish language for $19. You are required to upload the content only once and the course will be available to everyone until you decide to take it down.
This is a one-time effort for recurring income.
6. Freelance business consultant
Do you know that an average freelance business consultant earns an average of $800 from a business session?
If you are knowledgeable in business and marketing, there is a good chance that business consultancy can be one of the best small business ideas for men.
I even started up a digital marketing agency to help entrepreneurs and small business owners with marketing related matters.
What is it needed to start a freelance business consultancy?
How do you price your consultancy business?
I often go 25 to 50% of the full price of what established companies are during with my target area. Pricing your rates at least half of your competitors will give you a huge edge and is a great way to build your reputation. From there on, go with a 3 to 10% increase year on year for higher profit.
7. Video club business
If you are a movie addict and collect movies, you can easily run a video club business right from your backyard.
The market for video club is very competitive but there are still an avalanche of clients that you can attract.
The idea of a successful video club business is that you have got to have the latest collection of movies, so that you do not come across as stereotyped.
8. Become an Airbnb host
Do you have a spare room to spare or property to rent?
Well, most of us do - seriously. If you don't need the spare room or the extra space, you can easily put it for rent on Airbnb. At the very least, you can easily use the extra money for your rent or mortgage.
Note from the editor
Make sure you are in the state or country where it is legal to become an Airbnb host.
9. Cleaning business
If you love to clean stuff, or like to see things spic and span, then you can look at starting a cleaning business.
Putting the cleaning matter into context, everyone loves to have a clean place to stay and work. Having a cleaning business could easily be the best small business ideas for men.
Now, hear me out on this. You may run a cleaning business as an owner and don't have to be cleaner yourself! Or, you can be the middle person to arrange the cleaning services and get a cut from it.
Now, do you think that this is a simple way to start a project on the side?
10. Freelance graphic designer
You can make a lot of money just by doing freelance graphic designer.
While graphic designing is one of the most popular small business ideas for men, not everyone is successful being a graphic designer.
For starters, you need to have a passion for graphic. By combining passion with the right graphic creation tools, you can start your freelance graphic design company.
Here are a list of tools for freelance graphic designer:
On average a freelance graphic designer makes around $30 to $100 per project.
Not bad for a side gig, right?
11. Freelance content writer
Do you have flair in pen and writing? If yes, freelance content writing might be a great small business idea for you.
Content writing is simple and in most cases, it is one of the most lucrative side business you can do at home.
On average, freelance content writer earns anywhere between $10 to $500 per content (depends on experience and length of the content).
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12. Data entry works
No, data entry is not for women entirely. Data entry works can be a good fit for you if you are looking for a straightforward side hustle that doesn't take a lot of your time and has zero startup investment.
The best part about data entry is that you doesn't need any skills, literally. All you need is basic computer knowledge and decent typing skills.
There are many companies hiring data entry workers and on average, you can earn around $10 to $50 per hour depending on the type of data entry work you are doing.
13. Translating business
If you are able to converse in more than one language, translating business is the perfect small business idea for you!
The translating business can range from translating a document, content or even spoken language.
Translating business is another popular side business idea for men because the demang is extremely high.
Did you know?
There are 7,106 living languages in the world today. How many languages are you well versed in?
14. Web development
Most web developers will build incredibly valuable skills that are in extremely high demand especially in the digital age that we are living in now.
If you have interest in web development, here are 45 places that you can learn coding for free.
What if you just want to start a web development business from home and build passive income from it? Is that even possible?
The answer is yes. It's possible for you to build a website without coding knowledge.
Here are three resources that you can start with.
I ain't kidding when I said podcasting. Podcasting is the next big thing that is happening in the digital marketing world.
If you can create a regular audience for your podcast on a specific topic, this is a great way to get sponsors and fund this side business idea.
Top podcasters such as John Lee Dumas from Entrepreneur On Fire had proven that podcasting is an effective business idea. You can listen to his podcast here.
Want to start podcasting? You only need ONE tool to start, which is a good mic. I recommend you to get this mic from Amazon (which I'm personally using it).
Summary: Small Business Ideas For Men
I'm sure that there are many other small business ideas for men that you can find on the Internet or think of. However, these are the top 15 business ideas that you can start today (like close to immediately) and doesn't cost you a whole lot of investment.