Most men like being their own boss and taking charge of their own success. This is why starting your own business is a popular choice for so many men. The allure of independence, the challenge of making it on your own, and the feeling of control are just some of the reasons why so many men are drawn to entrepreneurship. And thanks to modern technology, it has never been easier to start your own business. There are countless online resources and support groups available to help you get started. So if you’re thinking about starting your own business, now is a good time to do it. Here are five ideas for you to try out.
1. Male Grooming Products
Here’s an easy one to start with. Male grooming products like hair wax, hair pomade, beard oil, hair gel, hair mousse, and shaving foam are becoming more popular nowadays because society is becoming more tolerant of self-care. Nowadays, there are lots of grooming products that are marketed for men so that they do not have to worry about looking too self-obssessed, which used to be an effeminate quality. In addition, there is now a clearer difference between taking care of yourself to look presentable and being obsessed with your appearance.
After you gain an understanding of the products and demographics in this industry, you can start by selling online or opening a brick-and-mortar store. It will be easier if you already use these things because then you’ll have first-hand knowledge of ingredients and what customers want. You could also begin by distributing another company’s products or giving them a new brand identity. The great thing about starting with existing products is that later on when you’re ready to expand your business, it won’t be as difficult to introduce new grooming equipment like trimmers. And eventually, once your business has really taken off, you could even offer male grooming services like those found in barbershops!
If you are starting your first business, this should be one of the first ones you consider. The industry is growing at a rapid pace; it was valued at $74.5 billion last year and is expected to reach $108.7 billion in five years.
2. Pre-Workout and Dietary Supplements
Turn your fitness passion into a money-making venture by dealing in pre-workout supplements and nutrients. There’s a large audience of bodybuilders and gym-goers who are always on the lookout for better products to help them achieve their goals. You, as an expert in this area, can find opportunities to improve upon existing recipes or create new ones that fill a gap in the market. With some business research and ingenuity, you can tap into this highly profitable industry.
You should first decide how to enter the industry. Creating your own line of products is resource-intensive and requires research, but you could also start by being a distributor for an existing brand. You can also negotiate deals so that you can rebrand products and have them repackaged.
Once you’ve decided how to enter the market, you’ll need to figure out how to package your products (or repackage them if you’re rebranding). Lastly, you’ll need to market your products and then sell them either online or in person. You could even partner with local gyms! This would be a great way to distribute your products.
3. Car and Bike Repair and Customization
If you love cars or motorcycles, you should consider starting a business repairing or customizing them. You can start with repairs, and then design one-off vehicles per customer requests. If tinkering with your own bike or car is one of your hobbies, this could be turned into a fantastic opportunity. Many builders started off as auto repair mechanics, and most of them have their roots in one set of tools, their own car, and a passion for vehicles.
Before you can get started, there are a few things you’ll need to take care of. You’ll need the proper certifications in order to work on metal and vehicles. You’ll also need lifters to be outfitted to your chosen garage or work area to make your job easier if you’ll be working on cars. With a lifter, you’ll be able to lift up cars or use it to take out the engine. Otherwise, you can just use an engine hoist and a roller creeper. Depending on what jobs you’ll do, you might also need welding equipment and safety equipment. Just make sure you have the necessary tools for anything you do, as well as emergency items like fire extinguishers. lastly, don’t forget that you need both the necessary licenses as well insurance coverage!
4. Off-road Trail Tours
If you live for adventure, you can turn this into profit—with off-road trail tours, you can take people off the beaten path while riding either a 4 x 4 truck, a dirtbike, or an ATV.
This idea is great for various reasons, but the primary is that if you’re already into riding ATVs, dirtbikes, or four-wheelers on rugged terrain, then chances are good you most likely have most of the equipment necessary. You would just need additional trucks, dirtbikes, or ATVs.
To ensure a fun and successful adventure, you’ll need to have the proper vehicles: dirtbikes, ATVs, and one or two spare large trucks that can transport bikes to the jump-off point as well as support any rescue missions for vehicles that get bogged down. You should also come prepared with transport and rescue equipment. Here are some you should get:
- ropes and chains
- winches and jacks
- hitches and hooks
- traction boards
- ratchet straps
- cargo nets
Apart from these, you also need first-aid kits. You will also need to stock up on various sizes of protective equipment. Get helmets and gloves for guests who will use the truck. For those who will ride the bikes and ATVs, they’ll need vests and armor for their hands, feet, shins, knees, and elbows. Life vests and floatation devices are also good to have on hand if the trail has nearby rivers or deep water. Make sure that you have enough water and food for your staff and guests in case of emergency. Bring a couple of extra containers of fuel in case you need it. Lastly—and most importantly!—don’t forget the proper insurance and licenses for operating these vehicles professionally and taking people on tour.
Starting your own business can be a daunting task, but it’s definitely not impossible. If you have an idea and the drive to see it through, then there’s no stopping you. We’ve provided four great business ideas that you can start today, but remember, these are just starting points. There are endless possibilities when it comes to starting your own business, so don’t be afraid to get creative!