Start a business in your 20's with these ideas

General Business

Updated on Nov 12, 2020

View more like this | Visit BUFFALO CREEK, CO | Contact Simon Hopes
Image for Start a business in your 20's with these ideas with ID of: 4522743

Age doesn't have to be an obstacle to start a business, the important thing is to try it, no matter how young you are. Until now it has not been concluded on which is the perfect age to begin a startup, however, the 20's offer great advantages to take the first step into the business world.

Young people are enthusiastic, more adaptable, risky, they have greater motivations such as starting a family or achieving financial independence and  naturally have more time to recover from failure.

Many entrepreneurs of large corporations started in early ages, Bill Gates founded Microsoft at 20, Steve Jobs began Apple at 21 and Nathan Blecharczyk created Airbnb when he was 25 years old. They are excellent examples of perseverance and discipline.

They didn't become billionaires overnight, but during their 20’s built the foundations of great companies that revolutionized their industries. Follow their steps and be inspired by these business ideas for young entrepreneurs.

10 business ideas for young entrepreneurs

1. Audio and video editing

With the rise of virtual content, offer creation of informative, entertainment or didactic material to companies and independent professionals. You will require computer equipment and editing software.

2. Management of social media

Social media is an excellent sales channel. It’s one of the best business ideas for young entrepreneurs because of their familiarity with them. Help small businesses start in the digital world and how to grow in social media.

3. Zero waste store

Zero waste lifestyle is no longer a trend. Open a store of unpackaged and refilled products. Look for suppliers of bulk food, biodegradable and organic items. Offer promotions for those who carry their own packaging.

4. Online pet store

Since confinement, online shopping took hold but only a few stores were prepared. Open your online store of accessories and toys for pets, you can also offer delivery of kibbles and pet grooming.

5. Delivery services

Daily occupations have motivated people to outsource errands. Become their ally and offer courier and delivery services, start in a delimited area and establish rates according to weight and distance.

6. E-commerce developer

Small businesses were among the most affected during the pandemic for not selling remotely. Become an e-commerce store builder, get training in logistics, marketing and web design.

7. Green wall design

Plants provide happiness and reduce stress. Bring nature to workspaces, homes, stores, hotels, or any other place that involves interior design with the placement of green walls. Look for alliances with greenhouses for better costs.

8. Online cooking classes

This is one of the best business ideas for young entrepreneurs. If you are a chef or you love cooking, share your knowledge and give tips in online classes. Create a community on social media with recipes and techniques.

9. Recreation for seniors

If you love socializing, design a program of recreational, educational or physical activities for adults over 60 years old. You can visit them or open your own recreational center.

10. Rent co-working spaces

Adapt a study room or coworking space in your own home, backyard or building, offer internet service, coffee and snacks. Be sure to provide a quiet and safe environment.

For all the business ideas for young entrepreneurs that we present, keep in mind that you will need a business plan, also sales and marketing strategies. Do you need more inspiration? Camino Financial, a fintech that goes beyond financing has some tips about business ideas for young entrepreneurs.

If you are not convinced by any of these business ideas, make an introspection about your interests, knowledge and goals. Remember that your business must motivate you and generate enthusiasm beside money. A good option is to find a partner to start your company from the ground.

These ideas are just proposals to inspire you to start a business and they are not the only ones. Define a model and how far you want to go, the sky is the limit! Dare to build your business in your 20's and enjoy the long road ahead. Are you ready? Tell us if you already have an idea to entrepreneurship.

View all posts by Simon Hopes | Contact Simon Hopes
goodideazs, LLC is not affiliated with the authors of this post nor is it responsible for its content, the accuracy and authenticity of which should be independently verified.