According to the American Express 2018 report entitled “The State of Women-Owned Business,” female entrepreneurship is booming. From 2017 to 2018, women launched roughly 1,800 new businesses every day. So if you are considering joining your fellow women in the startup and small business world, here are a few ideas to help get your creative juices flowing.
1. Coding and Software Development
The tech industry has long been considered “a man’s world,” but so many women are shattering that glass ceiling with innovative app inventions. Successful apps that support mental health, craft digital signatures, and track pregnancy were all designed by women. In addition to creating new apps, coding and web design are also profitable business ideas for women. This work can be done freelance, from home, and on your own time. If you do decide to start a business where you will need to use a lot of energy and power, then consider investing in a diesel power generator. Diesel generators are more cost-effective than natural gas generators and produce more electricity than other generators. Using a generator for your business will allow you to work without disruption due to power outage issues.
If you are artistic, then you might consider taking your craft to the online retail market. Sites like Etsy are a great way to sell your handmade clothing or jewelry online. Whether it’s eco-friendly clothing. lingerie, or classy watches, retail businesses are lucrative ventures for women entrepreneurs. If you are looking to target women in your sales demographic, you might want to consider starting a company manufacturing women’s business suits. Business attire is always in style and needed for professional women. You could design and sell business casual skirts, dresses, jackets, and blazers for women in need of a sophisticated, professional look as they head into their next business meeting.
If you’ve got a knack for capturing beautiful photos, then photography might be the business for you. Photography can generate a healthy income, especially if you shoot weddings and other events such as business conferences or concerts. Family portraits, graduations, and school yearbooks can also be great, profitable opportunities if you are a photographer. Before diving into photography, consider taking a few classes to hone your skill and set up an online portfolio to showcase your work. Cameras are certainly expensive, but the equipment is well worth the investment when you can earn more than $3,000 for a wedding.
Freelance writing of any kind is extremely lucrative. A few options you can try out are blogging, copywriting, proofreading, and editing. These are great options for stay-at-home moms because you can work remotely and on your own schedule. You can make thousands of dollars every month just on blogging alone! The secret to making loads of money on freelance writing is through advertising and charging a high rate for your work. And if you are skilled at marketing and social media, you can certainly expand your business further.
A lot of people are looking to improve their skills or learn new ones, and you can help them achieve their goals. Advancements in technology have made online learning easier than ever so you can teach without ever leaving your home. Testing preparation services for high school students, counseling for college applicants, and tutoring for students of any age are always welcome and profitable businesses. If you know another language, you might want to try out teaching evening classes. And if you have expertise in a professional skill like search engine optimization or graphic design, then you may want to design classes or webinars around that.