8 Best Small Business Ideas for Men
Starting a small business can be an excellent way for men to take control of their lives and career.
Statistics show that 33.2 million small businesses exist across the U.S., while 34.6% of them survived to the 10-year mark.
Whether you’re a recent college graduate or have always dreamed of being an entrepreneur, countless small business ideas for men can help you turn your wish into reality. You may be looking for a business that allows you to spend more time with your family, work on your own terms, or pursue a passion. With many options available, choosing the right small business ideas for men can take time and effort.
This article will explore some of the best small business ideas for men. You can start a wide variety of businesses with minimal investment and hard work. With the right vision and strong work ethic, you can build a business that provides financial independence and personal fulfillment.
What is an entrepreneur, and what are the advantages of being one
Entrepreneurs are persons who start a business venture to make a profit. They are known for their creativity, innovative thinking, and willingness to put in practice their talent. They are passionate about their business and work tirelessly to make it a success. An illustration of a small business idea for men would be a barbershop or an online personal trainer.
So, what are the advantages of being an entrepreneur? Let’s find out.
Independence and flexibility
One of the most significant advantages of being an entrepreneur is the independence and flexibility that comes with it. Entrepreneurs can choose their own work hours and set their own schedules.
As an entrepreneur, you are constantly learning new skills and acquiring knowledge. You learn about different aspects of business, such as marketing, finance, and client management skills. These are valuable not only in running a business but also in other aspects of life.
Impact on society
Entrepreneurs have the potential to make a positive impact on society. They can create jobs and contribute to the local economy. They can also develop products and services that make a difference in people’s lives.
How to open your own business
Opening your own business can be an exciting and rewarding experience but can also be daunting. As a man, you may have a lot of ideas about what kind of business you want to start, but it’s essential to approach the process in a thoughtful and organized way.
Do some research before starting
Before investing any money or time into starting a business, doing your market research is important. This means assessing the potential demand for your product, researching the competition, and analyzing the market trends in your industry. This will give you a better understanding of whether your business idea is viable and how to differentiate yourself from the competition.
Have a business plan
Once you’ve researched, the next step is to create a comprehensive business plan. This will serve as a roadmap for your business and outline your goals, strategies, and financial projections.
Register your business
You need to register your business with government agencies and obtain the necessary licenses and permits. This will vary depending on the type of business you’re starting and your location.
Use the right tools
Opening your own small business can be challenging and stressful. As an entrepreneur, you may have a lot of ideas and the drive to turn them into reality, but you may need more resources and tools to make it happen. This is where Goldie comes in – a powerful tool that can help you launch and grow your business successfully. It offers a range of features specifically created to help solopreneurs at the beginning of their journey. For example, you can send your clients appointment reminders to avoid no-shows, collect payments online or contactless with the iPhone Tap to Pay feature, check your financial reports, and so much more. This app has you covered if you want to make your beginning easier. By downloading Goldie, you can save time and money, focus on growing your business, and achieve your goals more efficiently.
Profitable small business ideas for men
In recent years, there has been a resurgence in the popularity of barbershops, particularly as a small business idea for men. Starting a barbershop can be a great business opportunity for those who are passionate about hair styling and grooming. A barber can create a loyal customer base and establish itself as a critical player in the grooming industry by focusing on exceptional customer service, building a solid brand identity, and staying up-to-date with the latest grooming trends. Statistics show that barbers can earn between $10-27 per hour. Many barbers use Goldie to schedule appointments and reduce no-shows in their daily business life.
Social Media Specialist
Starting out as a social media specialist is a profitable small business idea for men. By building a solid client base, providing excellent online results, and staying up-to-date with the latest trends and platforms, you can create a successful business that allows you to work for yourself and make a difference for your clients. Moreover, with high demand for social media strategy, flexible working hours, and creative work, it can be a fulfilling career choice since social media specialists can earn between $48,000-$65,000 annually.
Many people are looking for ways to improve their health and fitness, and you can help them achieve their goals. If you are passionate about fitness and health, consider starting a personal training business. By offering personalized training sessions and nutritional guidance, you can create a business that helps people improve their health while making a good income. Statistics show that personal trainers can make over $35,000 per year.
Becoming a massage therapist can be a lucrative and rewarding career for men. You will need to complete a training program and obtain a license in your state. Most massage therapy programs take six months to two years to complete, where you will learn different massage techniques and business practices.
Massage therapists can also provide other complementary services, such as aromatherapy or hot stone massage, which can help stand out from others in the industry and attract more clients. In addition, being a massage therapist can help you earn good money, from $35,000 up to $100,000 annually, depending on your location. So, create your business plan, take action, and manage your massage therapy business like a pro.
Starting a photography business can be a fulfilling and profitable small business idea for men with a passion for the art of photography. With the right skills, equipment, and a well-shaped business strategy, a photography job can allow men to explore their talent while providing valuable service to clients. Statistics show that photographers can earn up to $78,000 per year, making it a profitable business for men. With the right tools, you will be able to manage your photography business from the comfort of your home.
Signing up for blogging platforms and becoming a part of the online community is easy. You can manage your content for free on platforms like WordPress, Hootsuite and Blogger. Because blogs are in such a crowded market, it might take some time to stand out, get noticed, and build an audience. The ability to write compelling or informative content is essential to a blog’s success. If you are interested in pursuing a career as a blogger, you should know that the average salary for a blogger is around $48,000 annually, making it a perfect fit for men who want to work remotely.
Through TikTok, you can connect with brands looking for unique content. The best way to earn money on TikTok is to be present on the creator marketplace. This way, you’ll connect with brands or marketing agencies that need original, high-quality content from you, and you’ll get well-paid for your work.
While TikTok seems dominated by dance and entertainment content, informative and educational content is also popular. Since many companies don’t have an in-house social media specialist to create their TikTok videos, you can be their best alternative.
How to become popular on TikTok and attract contractors? Create your content strategy, build your audience, create engagement, and then get ready to collaborate with other brands. Once you reach 10k followers on TikTok, you can consider yourself an influencer and start creating valuable content for other brands.
The possibilities for selling your services as a freelancer in today’s digital world are virtually limitless. You need to consider freelancing because everyone wants to do what they love and make money doing it. Finding clients who require any skill you choose to sell is a crucial part of freelance work. This could include services like coding, art, copywriting, tutoring, and many others. It was shown that freelancing is really profitable, and you can make around $32,000 and $120,000 annually, depending on the market you’re selling your services on.