Born between 1981 and 1996 and want to start a business? Here are some business ideas for millennials that could be perfect for you.
There are many business ideas for millennials
In today’s fast-paced and ever-evolving world, millennials are at the forefront of entrepreneurship, leveraging their unique skills, creativity, and passion to establish successful businesses. With an understanding of technology, social media, and emerging trends, this generation is well-positioned to start new business ventures.
Whether you’re looking for a side hustle or you want to launch a full-scale enterprise, there are many ways to do it. Here are 15 business ideas tailored to millennials.
1. Food truck
A great way to make money while enjoying the opportunity to travel, is by starting a food truck business. You can offer a variety of meals, from tacos and desserts to street food or even just ice cream. The best part? If you ever feel the need for a change of scenery, you can easily move your food truck to an exciting new location.
2. Event planning
Event planning is a perfect business idea for millennials with strong organizational skills, lots of creativity, and a passion for bringing people together. This business type involves organizing and managing events such as weddings, corporate functions, birthday parties, and social gatherings. Maybe you get the chance to plan a 90s themed party?
3. Personal finance coaching
As a financial coach, you help clients learn money-management skills. You can help people with budgeting, paying debt or saving money. By running a business based on finance, you can help people gain control over their finances and reach their goals. You should have some experience or expertise in saving, investing, budgeting and debt reduction.
4. E-commerce store
With e-commerce, you can buy and sell goods or services online. You can sell anything you like. An e-commerce store targeting millennials can tap into this tech-savvy, trend-conscious, and value-driven demographic by offering a curated selection of products that cater to their specific needs and preferences. From eco-friendly gadgets to chic home decor, your store can become the go-to destination for millennials seeking quality, innovation, and style.
5. Graphic design
Speaking of business ideas for millennials, you can create visual content. Every business should have creative design elements to add to their website, social media, merch and so on. You should have some experience in designing or a great eye for colors and visuals.
6. Handyman services
As a handyman, you provide home maintenance and repair solutions that can save homeowners time, effort, and money. As a skilled handyman, you offer a wide range of services, from minor repairs to larger home improvement projects. Whether it’s fixing a leaky faucet, assembling furniture, or painting a room, your help ensures that homes remain functional, safe, and aesthetically pleasing.
7. Personalised crafts and products
Personalized crafts and products offer a unique and heartfelt way to express individuality and celebrate special moments. As a creator of customized items, you provide clients with one-of-a-kind products that reflect their personal style, preferences, and even memorable occasions. From custom jewelry and home decor to bespoke gifts and accessories, your craftsmanship can transform ordinary items into cherished keepsakes.
8. Consulting services
A consultant, sometimes also called contractor, is a person who advises people or businesses on a specific subject. As a consultant, you can advise business in a subject you are an expert at. Often, consulting services are based on IT or technology. Whether you specialize in management, marketing, technology, finance, or another field, your consulting services can empower clients to make informed business decisions.
Create free invoices with Conta
With Conta, you can create and send invoices in under 2 minutes. Just enter your customer details, products and prices and send it directly from the invoicing software. All your invoices are stored in one place and you can easily see which customers you need to follow up with.
9. Influencing
As an influencer, you earn money by advertising products through social media platforms. If you have a large following on social media, reaching out to various businesses for potential collaborations and partnerships can be a good opportunity. You may have better chances to earn money if your socials apply to a niche demographic or a specific age group.
10. Yoga studio
A yoga studio offers a place for individuals seeking physical and mental well-being. Your can set up a studio and provide a welcoming space where practitioners of all levels can explore yoga. From dynamic vinyasa flows to restorative yin sessions, your classes can cater to diverse needs, helping students cultivate balance, strength, flexibility, and inner peace.
11. Personal shopper
A personal shopper helps clients find clothing, accessories, and other items that perfectly suit their style, needs, and budget. By using your expertise in fashion, you can guide clients through the often overwhelming world of retail and help them make stylish choices. Whether for special occasions, wardrobe updates, or unique gifts, your personalised service makes shopping enjoyable and stress-free.
12. House-sitting
Another great business idea is to start a business where you house-sit for other people. It’s a way to gain some extra cash in the summertime or during the holidays. People require house-sitting services when they have pets to care for, plants that need water or just want that additional peace of mind.
13. Decluttering service
In a world where minimalism is trending and the concept of “less is more” is gaining traction, a decluttering service can be a profitable and fun business ideas for you to explore. This service aims to help individuals and families organize their living spaces, reduce excess belongings, and create a more functional environment. As people increasingly seek to simplify their lives and enhance their well-being, a decluttering service can address a growing need for order and simplicity.
14. Paid newsletter
In an age where quality content is highly valued, a paid newsletter is just one of many business ideas for millennials. This service involves curating and delivering exclusive content to subscribers willing to pay for valuable insights, advice, and information. Whether you’re an expert in a niche field, a thought leader, or simply passionate about a particular topic, a paid newsletter allows you to monetize your expertise and build a dedicated following.
15. Final business idea for millennials: Domain selling
Domain selling is buying and selling internet domains for a profit. Businesses should have websites in order to build and establish a brand or online presence, and there may be some opportunities to gain some money through running a business that sells domains. Domain selling is very fitting for someone who wants a side business, and you often don’t need a lot of experience.
Free invoice software for millennials with good business ideas
No matter what business you want to start, make sure to have invoice software so that you can send out invoices and get paid for your products or services. You may not be able to spend a lot of money on software at the start, and you should look for free options. Conta offers free invoicing software, and you can create invoices in seconds.
Create free invoices
