17 top business ideas for gamers

Blockchain games

A blockchain games business develops and publishes online video games leveraging cryptocurrency, non-fungible tokens (NFTs), and decentralized ledger integration for transparent security around player assets and activities. As entertainment moves increasingly online, blockchain verifies ownership and value more reliably than traditional games by reducing unauthorized content redistribution and clearing secondary market profiteering.

Early opportunities exist around player-driven economies inside Role-playing, strategy and world-building games rewarding users controlling unique gear, unlocked abilities or community modifications through interactive tokenization. Over time, enhanced functionality comes from analyzing usage data transparency to create smarter difficulty balancing, achievement recognition and community governance.

How much you can make: $30,000 – $500,000 annually
How much does it cost to start: $5,000 – $50,000
How long does it take to build: 3-6 months

eSports betting site

eSports betting site involves building an online platform that lets fans wager money or cryptocurrency confidently on competitive video game tournament outcomes as the spectatorship of elite gamers continues rising. By focusing specifically on eSports rather than traditional physical events, it captures a niche market underserved by big-name sportsbooks oriented around longstanding mainstream ballgames.

From customizable bets to live streaming matches within the same app, it centralizes the infrastructure avid gamers desire most to feel connected as stakes rise across marquee tournaments worldwide. As more locales legally license online gaming, reputable operators build trust and accessibility for cryptocurrency adoption via exchanges too. User verifications uphold integrity to balance entertainment ambitions responsibly as well.

How much you can make: $100K – $10M annually
How much does it cost to start: $100K – $1M
How long does it take to build: 1-2 years

Open a video game cafe

Open a video game cafe opening a gaming-themed cafe selling food and drinks where customers, especially youth, pay hourly rates to access high-performing computers and consoles otherwise unaffordable for enjoying multiplayer games socially. Alongside digital entertainment absent at home, the hip destination offers community through sharing passions for eSports, streaming celebrities, and gameplay releases. For young digital natives spending free time gaming versus older generations, a physical meetup spot curates inclusion forging new friendships that remote isolation inhibits.

With reliable demand covering overhead costs, the bricks-and-mortar arena sustains its purpose while introducing Health initiatives like active gaming and balanced snack options relative to sedentary habits at scale.

How much you can make: $100K – $1M annually
How much does it cost to start: $100K – $500K
How long does it take to build: 6-18 months

Gaming apps development

Gaming app development involves creating video game software applications for mobile devices, consoles, or personal computers to meet rising recreational interactive entertainment demand across demographics. Whether puzzle, action-oriented, or multiplayer competitive games, digitally distributed apps access global end-users through viral marketplaces like app stores more efficiently than physical disk launches alone.

For developers, affordable cloud infrastructure also enables small teams to launch innovative titles rivaling studios relying on legacy systems tied to planned launch cycles. As everyday tasks digitize rapidly across generations, gaming apps bring the convenience of playing during pockets of downtime from any location beyond living room consoles alone. Portability also aids social connections through multiplayer modes as friends and strangers convene casually around devices readily accessible to most already.

How much you can make: $100K – $1M annually
How much does it cost to start: $50K – $500K
How long does it take to build: 6-18 months

Rent video games

Rent video games focus on renting out video games because many people enjoy playing games but don’t want to buy them all. The business would offer a wide range of games for different consoles. Customers could borrow games for a set time, and then return them when finished. This helps gamers try new titles without spending too much money. It also lets them play more games than they could if they had to buy each one.

The business could make money through rental fees and late charges. It might also sell some games and accessories. This idea could work well in areas with lots of gamers. It gives people a cheaper way to enjoy their hobby. The business could grow by adding new releases and classic games to its collection. It might also offer delivery services or set up drop-off points.

How much you can make: $50K – $500K annually
How much does it cost to start: $50K – $200K
How long does it take to build: 6-18 months

Virtual and augmented reality gaming space

Virtual and augmented reality gaming space focuses on creating a space for virtual and augmented reality gaming. It combines cutting-edge technology with entertainment. The concept involves setting up a venue where people can experience immersive gaming using VR and AR equipment. This idea is promising because it taps into the growing interest in virtual experiences.

It offers a unique form of entertainment that many people can’t access at home. The business would provide a social setting for gamers to enjoy advanced technology together. It could attract various customers, from casual gamers to tech enthusiasts. The space might also host events or competitions to build a community. This type of business could generate income through entrance fees, game time charges, and possibly food and drink sales.

How much you can make: $100K – $1M annually
How much does it cost to start: $100K – $500K
How long does it take to build: 1-2 years

Start a video game blog or podcast

Starting a video game blog or podcast involves starting a blog or podcast about video games. It’s a good idea because many people love video games and want to learn more about them. A blog or podcast can share news, reviews, and tips about games. It would help gamers stay informed about new releases and get advice on games to play and the creator can share their thoughts and experiences with different games.

With enough followers, it might earn money through ads or sponsorships. The creator could also sell merchandise or offer special content to supporters. This business can start small and grow over time. It doesn’t need much money to begin, just time and effort. The creator can work on it alongside other jobs or studies. As it grows, it could become a full-time job.

How much you can make: $30K – $100K annually
How much does it cost to start: $5K – $20K
How long does it take to build: 3-12 months

One-stop gaming shop

One-stop gaming shop aims to be a place where people can find everything they need for gaming. This shop would sell games, consoles, accessories, and more. It could also offer services like repairs or game trade-ins. This business idea is good because it makes things easy for gamers. They won’t have to go to different stores to get what they want. Instead, they can find it all in one place. This saves time and effort for customers. The shop would help gamers in many ways.

It could have experts to give advice about games or tech issues. It might host events or tournaments to build a community. The shop could also keep up with new trends in gaming. A One-Stop Gaming Shop could become a hub for local gamers. It would be more than just a store. It could be a place where people share their love for gaming. This kind of business could do well in areas with many gamers but few specialized gaming stores.

How much you can make: $100K – $1M annually
How much does it cost to start: $100K – $500K
How long does it take to build: 6-18 months

Video game testing service

Video game testing service offers a service to test video games before they are released. It helps game developers find bugs and improve their games. The service employs people who play games and report any issues they find. Some companies always need testers this will save them time and money compared to hiring full-time testers.

The service can work with many different game makers at once. It also offers flexible work for people who love playing games. The business can grow by building a reputation for thorough testing. It might expand to test different types of games or devices.

How much you can make: $50K – $500K annually
How much does it cost to start: $50K – $200K
How long does it take to build: 6-18 months

Gaming event organizer

Gaming event organizer focuses on planning and running gaming events. These events can range from small local gatherings to large tournaments. Since gaming is very popular now many people enjoy playing games and watching others play. A gaming event organizer can bring these fans together and it creates fun experiences and builds communities.

This business can help in several ways. First, it gives gamers a chance to meet and play together in person. Second, it can support local businesses by bringing people to their venues. Third, it can help game developers promote their products. The organizer would handle all aspects of the events. This includes finding venues, setting up equipment, and managing schedules.

How much you can make: $50K – $500K annually
How much does it cost to start: $50K – $200K
How long does it take to build: 6-18 months

Gamified fitness app company

Gamified fitness app company is about creating a fitness app that feels like a game. It aims to make exercise fun and engaging. The app would turn workouts into exciting challenges and adventures. Users could earn points, level up, and compete with friends. This approach can help people stay motivated to exercise regularly.

By making exercise more enjoyable, it could help solve this common problem. The app could appeal to both fitness enthusiasts and those who usually find working out boring. Such an app could benefit users by encouraging them to exercise more often and for longer periods making fitness routines less tedious and creating a supportive community of users.

How much you can make: $100K – $1M annually
How much does it cost to start: $100K – $500K
How long does it take to build: 1-2 years

Game sound design studio

Game sound design studio focuses on crafting audio elements for video games. This includes music, sound effects, and voice acting. The studio would work with game developers to bring their projects to life through sound. Sound is crucial in gaming and it helps to create atmosphere and enhances player immersion. As the gaming industry grows, there’s increasing demand for high-quality audio. A specialized studio can meet this need.

The business would help game developers improve their products. Good sound can make a game more enjoyable and memorable. It can also help games stand out in a crowded market. For indie developers with limited resources, a sound design studio could be especially valuable. Such a studio could offer a range of services. These might include composing original music, creating custom sound effects, and managing voice actor recordings. It could also provide advice on how to use sound effectively in games.

How much you can make: $100K – $1M annually
How much does it cost to start: $50K – $200K
How long does it take to build: 6-18 months

eSports organization

This business can help develop the eSports scene in a region. It creates opportunities for gamers to turn their hobby into a career. The organization can build a fan base and create content for supporters. As eSports becomes more mainstream, this business model has the potential for long-term growth. It can expand into different game titles, reach a global audience and collaborate with eSports startups. Overall, an eSports organization combines sports management with the exciting world of competitive gaming.

How much you can make: $100K – $10M annually
How much does it cost to start: $100K – $1M
How long does it take to build: 1-2 years

Esports coaching platform

Esports coaching platform is about creating a platform for esports coaching. It would connect skilled gamers with players who want to improve their skills. The platform could be a website or app where coaches and students can meet. This is a good idea because esports is growing fast. Many people want to get better at competitive gaming.

A coaching platform would help these players improve and maybe even go pro. It could also help skilled gamers make money from their expertise. The platform would make it easy to find a coach, schedule lessons, and pay for services. It might also include tools for video analysis or progress tracking. This would help both coaches and students get the most out of their sessions.

How much you can make: $50K – $500K annually
How much does it cost to start: $50K – $200K
How long does it take to build: 6-18 months

Gaming UI/UX agency

Gaming UI/UX agencies provide user interface and user experience design services to video game studios to enhance the playability and presentation of games because while game developers excel at coding software mechanics, many lack skills for crafting intuitive game menus, HUDs, and control schemes optimized for enjoyment on modern devices.

The agency would handle designing slick high-fidelity interfaces for console, mobile and web games maximizing usability based on target gamer behaviors and platforms. It helps indie studios compete with polished AAA games by ensuring their titles have fluid menu navigation, contextual tutorials, and visually engaging headset-to-TV environments through affordable outsourced UX/UI mastery. Well-designed interfaces tied to gaming objectives are crucial for minimizing player confusion that frustrates engagement.

How much you can make: $100K – $1M annually
How much does it cost to start: $50K – $200K
How long does it take to build: 6-18 months

Youth esports league

Youth esports league is a community gaming organization that runs leagues, tournaments and coaches for competitive, team-based video game play for school-aged students because esports is a fast-rising industry prompting increasing interest in developing gaming skills at young ages, yet most public school attention still focuses solely on physical sports.

Operating a structured gaming program allows students with an aptitude for games like Fortnite, Rocket League, or Call of Duty to gain skills in communication, collaboration, and thinking creatively under pressure by battling others locally. It helps gaming-obsessed teens fill weekend hours constructively, make new friends, and potentially open future career paths by competing in a nurturing, safe environment. Having an authority ensuring fair play and modeling good sportsmanship is essential to avoid toxicity hindering enjoyment.

How much you can make: $50K – $500K annually
How much does it cost to start: $50K – $200K
How long does it take to build: 6-18 month

Game marketing agency

Game marketing agency providing marketing services to launch and scale video games for gaming studios lacking dedicated user acquisition resources. The agency would handle pre-launch community building through PR connections with streamers and influencers before using retargeting ads, search campaigns, and cross-promotions around release to activate and retain players.

It helps developers maximize the success potential of their games through cost-effective access to marketing experts who create visibility and drive organic traffic. Having professional guidance planning discoverability helps small teams manage sudden popularity spikes after explosive launches.

How much you can make: $100K – $1M annually
How much does it cost to start: $50K – $200K
How long does it take to build: 6-18 months

Conclusion

Top 17 fintech business ideas

Here are some creative and profitable fintech business ideas that you can start right away:

Robo-advisory services

A robo-advisory service offers automated, algorithm-based investment portfolio management, recommendations and performance tracking fully online at low cost for individual investors. As digital finance management gains adoption, an independent robo-advisor first builds trust by applying personalized analytics assessing client risk tolerances and investment timeframe needs when constructing balanced portfolios of funds or stocks.

Easy-to-use dashboards across devices allow 24/7 self-service oversight of holdings, objectives and past returns. Over time capabilities may expand by incorporating retirement planning tools, cash management accounts for liquidity and tax-minimizing loss harvesting features maximizing opportunities granted through constant data surveillance.

How much you can make: $100,000 – $5 million+ annually
How much does it cost to start: $50,000 – $1 million+
How long does it take to build: 6-18 months

Digital banking

Digital banking involves providing banking services like accepting deposits, processing payments, and making loans fully through online platforms and smartphone apps instead of physical branches. By operating digitally, costs stay low to offer customers better interest rates, minimal fees, and modern conveniences like instant transfers and mobile check deposits missing at traditional institutions still reliant on legacy infrastructure.

Without teller overhead or cash handling, digital adaptation allows focusing resources on award-winning self-service app UI/UX design and data security to win consumer trust. As finance becomes increasingly cashless and mobile, an online bank meets shifting demand better, especially from younger demographics. The laser model focus also appeals to values prioritizing transparency, sustainability, and social conscience over regulatory grey areas larger banks exploit.

How much you can make: $1M – $10M annually
How much does it cost to start: $500K – $5M
How long does it take to build: 1-3 years

P2P payment solutions

P2P payment solutions involve providing a digital platform that allows fast money transfers directly between peers (P2P) domestically or worldwide without traditional financial intermediaries. By enabling free-flowing exchanges, it expands financial access, savings, and control using ethical technology for underserved groups lacking accounts. Participation simply requires registering for the secure mobile and web apps to send funds to or receive deposits from other platform members.

It facilitates small personal transfers or scalable distribution across merchant partners over time. As communities grow globally interconnected yet costs and red tape deter conventional banking adoption, lean financial utilities bridge gaps. With blockchain architecture, transferred records cannot be falsified.

How much you can make: $1M – $10M annually
How much does it cost to start: $500K – $5M
How long does it take to build: 1-3 years

Robo advising software

Robo advising software is an automated financial planning service that uses algorithms and machine learning to provide individualized portfolio guidance and wealth management online. By efficiently leveraging technology, it makes unbiased money expertise more accessible and affordable than personalized brokers who charge high fees yet struggle to customize at scale.

After customers input financial goals, risk tolerance, and assets via app screens or text chats, the intelligent system generates sound recommendations to responsively maximize returns. Advanced analytics also optimize portfolios continuously as market conditions evolve so everyday people attain elite money management without understanding complex stock-picking nuances themselves.

How much you can make: $500K – $5M annually
How much does it cost to start: $200K – $1M
How long does it take to build: 6-18 months

Personal finance management app

A personal finance management app is a mobile application that helps individuals track, budget, save, and spend money more responsibly. The personalized financial assistant sets custom goals like travel savings and then recommends tailored savings and credit usage plans to maximize user purchasing power. It’s the intuitive analysis and alerts also spot unnecessary fees or recurring charges across accounts to prevent wasted money.

As our disparate digital financial footprints grow across banking/investment/credit services, one unified personal finance app supplies much-needed organization and visibility for anyone lost in money data overload. Whether wanting to curb impulse buys or consolidate debts at lower rates, the AI-enhanced information dashboard gives actionable guidance relatable to amateur budgets.

How much you can make: $100K – $1M annually
How much does it cost to start: $50K – $500K
How long does it take to build: 6-18 months

Loan lending app

A loan lending app is an app that allows users to lend money to others and earn interest on repayments. Borrowers get quick cash through their phones for expenses before paychecks while avoiding predatory lenders. Lenders earn higher returns than traditional savings from partly financing multiple loans in the platform batches.

Automation streamlines historically manual processes to make peer transactions viable for lenders and borrowers directly matching each other’s needs at scale. By expanding access, more micro-lending occurs stimulating local economies. Global connectivity also de-risks pooled funds by dispersing across diverse borrowers. As banking moves to phones, the decentralized model sustains reinvestment within communities rather than relying on giant institutions alone.

How much you can make: $500K – $5M annually
How much does it cost to start: $200K – $1M
How long does it take to build: 6-18 months

RegTech app

RegTech app is a technology application that helps companies efficiently comply with government regulations and reporting requirements. As oversight rules continually evolve across sectors, the digitized governance solution centralizes compliance data to reduce legal noncompliance risks and manual paperwork burdens for accounting, finance, and legal teams.
Embedded dynamic regulatory checklists also enable users to proactively audit and evidence internal controls sought by overseers.

Whether simplifying investor disclosures or safety protocols, adaptable RegTech systems sustain organizational stability amid volatile administrative and regulatory shifts. The automation also reduces compliance staffing overheads. As modern work digitizes faster than policy modernizes, RegTech apps bridge essential gaps between governance and innovation. Cloud-based access allows controlled sharing of up-to-date protocols across locations and with overseers too.

How much you can make: $500K – $5M annually
How much does it cost to start: $200K – $1M
How long does it take to build: 6-18 months

Digital wallets

Digital wallets involve developing secured software that stores payment credentials and currency to facilitate online transactions through encrypted cloud accounts versus physical wallets people carry. By consolidating virtual cash and cards in one app, it expedites web purchases and transfers using smartphones.

Password-protected accounts also lower hacking risks over scattered data and reduce reliance on intermediaries delaying fund exchanges. As finance digitizes along with life activities online, virtual wallets allow faster peer exchanges through efficient direct platforms. Without the costs of card manufacturing and retail banking resources, digital transfers enable citizens to access modern money tools for increasingly mobile lifestyles centered less around physical currency and cards transacted in person.

How much you can make: $500K – $5M annually
How much does it cost to start: $200K – $1M
How long does it take to build: 6-18 months

Stock trading app

The stock trading app is a mobile application enabling individuals to invest in publicly traded company stocks from their phones. By tracking markets in real-time and allowing quick trades, buying, and selling, it makes capitalizing on share price movements convenient for amateur retail traders. Customizable alerts notify users of desirable price swings on watched stocks to direct attention to potential timely trades.

Simplified and low-fee access gives everyday investors exposure to global economic gains that elaborate brokerages traditionally monopolized. As mobile adoption accelerates across generations, prudent app development unlocks portfolio diversification and financial literacy advancing inclusive wealth creation. While investing always carries inherent risks, disciplined approaches avoid reckless speculation. But for strategic traders, the mobility and simplicity of an app levels the playing field to augment income amid volatile times.

How much you can make: $500K – $5M annually
How much does it cost to start: $200K – $1M
How long does it take to build: 6-18 months

Blockchain applications

Blockchain applications involve developing software programs leveraging blockchain’s decentralized, distributed ledger technology for organizations requiring more secure, transparent data sharing across diverse stakeholders. As global chains of custody and payments grow more complex, blockchain apps help companies appease regulators, reassure customers, and optimize internal processes ranging from supply chain to credentials that legacy software and paper trails cannot currently match.

Benefits over mainstream databases include cryptography for enhancing privacy, automation through smart contracts, and redundancy from copies stored globally across countless independent computers. Operators enjoy lower overhead costs by utilizing open-source platforms like Ethereum and market demand from every sector needing to upgrade legacy systems vulnerable to tampering. Whether tracing asset histories or voting without fraud, blockchain apps build digital trust through code rather than fallible human administrators alone.

How much you can make: $500K – $5M annually
How much does it cost to start: $200K – $1M
How long does it take to build: 6-18 months

Electronic mortgage apps

Electronic mortgage apps involve developing digital applications enabling home buyers to apply for mortgages conveniently online by submitting all necessary personal finance details and paperwork electronically versus filling out manual forms across various offices. By guiding users through required components like income statements, credit checks, and property valuations and then assessing qualified options, mobile, and web apps simplify and expedite typically complicated application processes to secure home loans.

Automation and remote accessibility provide value for digital-savvy generations plus remote workers are no longer bounded by traditional banks’ limited hours or physical branches alone. For creators, centralized data integration powers smarter recommendations while avoiding human error risks that manual underwriting carries.

How much you can make: $500K – $5M annually
How much does it cost to start: $200K – $1M
How long does it take to build: 6-18 months

Insurtech apps

Insurtech apps involve developing digital applications to seamlessly quote, bind, and manage insurance policies through cloud-based platforms versus traditional paper processing or analog channels alone. By enabling consumers and businesses to compare, purchase, and access plans online, insurtech transforms outdated models into efficient mobile-first services meeting modern speed and convenience expectations.

Apps intuitively guide users through policy needs while providing expansive choices that no single broker matches. Automated backends also optimize insurer operations from enhanced data and streamlined administration. For founders, centralized cloud infrastructure scales faster supporting rapid digital growth versus fragmented legacy systems dependency. As everyday life activities, property investments, and enterprise risks increase in complexity, insurtech sustainability solutions ease obtaining and managing suitable coverage. 

One emerging insurtech niche is longevity-based finance and life settlements. Companies like Abacus are applying their ABL Tech platform to digitize policy valuation, streamline compliance, and open access to life-settlement investments for advisors and accredited investors. By combining underwriting data, workflow automation, and transparent marketplaces, they illustrate how insurtech can modernize a traditionally opaque asset class and create new revenue streams for fintech founders.

How much you can make: $500K – $5M annually
How much does it cost to start: $200K – $1M
How long does it take to build: 6-18 months

Mobile banking apps

Mobile banking apps involve developing user-friendly mobile applications enabling convenient access to personal and business bank account features including balances, transfers, deposits, and other transactions. By securing financial data on networked platforms accessible 24/7 via portable devices, well-designed fintech apps uphold customers’ evolving banking preferences for flexibility and efficiency.

Users can monitor budgets, deposit checks, make peer payments and manage cards without the fixed location or hour limitations that physical banks inherently pose. Developers benefit from economies delivering scalable services on demand virtually. As lifestyles mobilize globally despite financial systems lagging digitally, intuitive user interfaces 3 connecting money management directly into daily routines without learning curves fill an essential role. Seamless at-your-fingertips banking fosters customer trust and retention for providers over dated landscape rivals.

How much you can make: $500K – $5M annually
How much does it cost to start: $200K – $1M
How long does it take to build: 6-18 months

Crowdfunding apps

Crowdfunding apps involve developing mobile and web applications enabling individuals and groups to raise money for projects, businesses, or causes by collecting online investments from a wider public audience versus pursuing a few large funding sources alone. Whether pursuing passion projects, community initiatives, or commercial ideas in inception stages, customizable campaign pages through crowdfunding apps help transparently connect diverse backers empowering ventures that traditional single-stakeholder grants may overlook.

For platform creators, recurring transaction fees accumulate fast atop growing membership bases as digital-savvy user preferences drift from analog donation forms. By facilitating direct community participation, apps modernize and optimize fundraising for visionaries facing steep financial or distribution barriers beyond bootstrapping.

How much you can make: $100K – $1M annually
How much does it cost to start: $50K – $500K
How long does it take to build: 6-18 months

Crypto exchange platform

Crypto exchange platform involves developing a digital platform that allows customers to securely buy, sell, and trade different cryptocurrencies using local currencies or other digital assets. By aggregating prices across crypto markets, an exchange platform provides a centralized hub granting easier access to participate in blockchain currencies which can feel technically intimidating initially.

Useful dashboards neatly track portfolio performance too. Operators earn either through transaction fees or adjustable spread percentages when fulfilling trade orders algorithmically. As virtual assets bridge into mainstream apps and services, exchange lifelines uphold secure flow enabling adoption by converting cryptos seamlessly as needed rather than locking accounts narrowly into one form alone.

How much you can make: $1M – $10M annually
How much does it cost to start: $500K – $5M
How long does it take to build: 1-3 years

Financial record maintenance

Financial record maintenance involves securely organizing and storing vital financial documents like bank statements, tax returns, investments, and trade confirmations for individuals and small business owners so records remain easily accessible. By centralizing sensitive information and keeping key tax, transactional, and compliance papers sorted, clients mitigate risks of losing essential proof or history while achieving better savings overview for future planning. Offloading ongoing administrative burdens also saves money on existing CPA and advisor fees for those without dedicated finance staff.

As regulations, digital platforms, and remote work arrangement complexity accelerate, maintaining proper records becomes challenging amid life demands. Specialized filing and digitization establish order so customers can instead focus on earning amid economic uncertainty.

How much you can make: $100K – $1M annually
How much does it cost to start: $50K – $500K
How long does it take to build: 6-18 months

Bill reminder app

Bill reminder app involves creating a digital application that helps individuals and businesses track due dates and automatically pays recurring monthly or annual bills to avoid late fees caused by lapsed memories. By logging upcoming payment dates tied to accounts and sending reminders as deadlines approach, the automated assistant safeguards credit scores and budgets from unintentional oversights amid increasingly hectic lifestyles juggling obligations. Beyond digital calendar alerts, direct integration with bank accounts and billing company APIs enables seamless settlements in one dashboard so customers manage cash flows transparently without reentering data.

As more tasks digitize across mobile life and cloud storage, bill management integrates the benefits through a simple tool saving users’ mental energy.

How much you can make: $100K – $1M annually
How much does it cost to start: $50K – $500K
How long does it take to build: 6-18 months

Conclusion

The future of finance is bright, and with your passion, skills, and innovative ideas, you have the power to shape it. Keep in mind that, implementing these fintech business ideas requires a skilled team of developers and if you’re looking to hire fintech software developers, Mobilunity offers top-notch services to bring your vision to life.

So dream big, take risks, and never stop pursuing your vision for a better financial future, and most importantly, never lose sight of your mission to improve the financial lives of your customers. Before you go, take a look at these fintech startups shaping the industry with their innovative solutions.

Top 16 virtual assistant business ideas

Here are some creative and profitable virtual assistant business ideas that you can start right away:

Live chat customer service

Offering live chat customer service solutions allows companies to provide real-time support. Live chat enables customers to get immediate answers to questions through messaging. This allows companies to respond directly during the purchasing process, increasing sales conversions. Additionally, chatbot integrations allow some common inquiries to be resolved without staff. Providing 24/7 automated and on-demand expert assistance improves customer experience.

For service providers, centralized teams with specialized expertise reduce staffing overhead at each location. Furthermore, chat conversations log issues to improve products and identify staff training needs. As more shopping and web usage go mobile, convenient text-based live chat aligns well with this trend. With better customer engagement, responsive issue resolution and insightful data for businesses, live chat customer service solutions offer multiple advantages.

How much you can make: $50,000 – $500,000 annually
How much does it cost to start: $5,000 – $50,000
How long does it take to build: 2-4 months

Bookkeeping and financial support

Bookkeeping and financial support is a service that provides bookkeeping, accounting, and financial support services to small businesses and individuals because many small companies and entrepreneurs struggle with properly tracking their finances, managing day-to-day accounting, and meeting tax obligations.

The service would handle tasks like invoicing, expense tracking, processing payments, monthly financial reporting, sales tax filings, and basic tax preparation for clients. It helps clients properly organize and understand their finances so they can focus on running their business. The tailored services save clients’ time while ensuring their books and financial records are accurate and compliant.

How much you can make: $30K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Data entry and organization

Data entry and organization is a service that provides data entry, data processing, and data organization services to businesses and individuals. This can be a good small business idea because many companies have a need to convert large amounts of paper documents or disorganized digital files into neatly organized, searchable data but lack the time or manpower to do it themselves.

It helps clients save substantial time that would otherwise be spent manually processing data while giving them cleaned, uniform data that is far easier to search, analyze and handle.

How much you can make: $20K – $50K annually
How much does it cost to start: $1K – $5K
How long does it take to build: 1-6 months

Administrative tasks and executive assistants

Administrative tasks and executive assistants is a service that provides administrative support and executive assistant services to businesses and busy professionals. The service would field client calls, arrange meetings, file paperwork, coordinate business travel, submit expenses, manage properties, and oversee contractors on a client’s behalf. It helps provide clients more time to focus on core business activities while ensuring their administrative needs and functions still get properly handled by knowledgeable professionals.

As modern workloads become more demanding despite limited hours in a day, high-level assistance completing important clerical and coordination tasks offers value to many professionals and organizations willing to invest for greater productivity, efficiency, and work-life balance.

How much you can make: $30K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Podcast and transcription services

Podcast and transcription services provide end-to-end podcast and audio transcription services for individuals and businesses wanting to convert audio recordings into written documents or publish podcast content. The service would leverage a combination of human transcriptionists and AI speech recognition tools to efficiently generate precise text transcripts from client meetings, events, podcasts, and other audio files. It helps clients save many hours of manual transcription work so they can quickly edit, search, and work with written versions of important verbal discussions.

As the amount of valuable expert dialogues, business conferences, and special interest discussions captured in the growing podcast format continues rising, there is a heightened need for scalable services that provide accurate written documentation of all this meaningful audio content.

How much you can make: $20K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Email marketing and copywriting

Email marketing and copywriting is a service that provides professional email marketing and copywriting services to help businesses boost their sales through email campaigns. The service would handle writing compelling email newsletters, promos, and sequences targeted to a client’s products or services. It helps clients cut through inbox noise and drive more website traffic, leads, and sales through research-backed email copywriting expertise designed to engage their subscribers.

Whether assisting startups or large brands, tailored email copywriting and execution of integrated campaigns removes a time-consuming marketing burden for clients while allowing them to tap into the unique targeting and analytics strengths of email.

How much you can make: $30K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

SEO and online marketing assistance

SEO and online marketing assistance provides search engine optimization (SEO) and online marketing assistance to help businesses improve their rankings, leads, and sales. The service would optimize on-page elements, create link-building strategies, produce blog content, and run multi-channel digital marketing campaigns tailored to client goals.

It helps clients get found online among their competition so their website and products surface higher in free search results. The improved discoverability, website traffic, and conversion of all that newfound audience into customers and subscribers allows businesses to measurably expand through expert digital marketing execution.

How much you can make: $30K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Specialized virtual assistant agency

The agency would maintain a distributed network of VAs with proficiency in specific functions that businesses frequently need assistance with. It helps connect clients to specialized talent so they can effectively scale expertise in supplemental areas without the overhead of full-time recruiting and staff management. The on-demand, pay-as-you-go flexibility allows businesses to cost-effectively outsource tasks that their team lacks bandwidth or proficiency in.

How much you can make: $50K – $500K annually
How much does it cost to start: $10K – $50K
How long does it take to build: 6-18 months

Multilingual virtual assistant services

Multilingual virtual assistant services provide virtual assistants fluent in multiple languages to help globally focused businesses and clients. The service would screen and train VAs skilled in business English plus languages like Spanish, French, German, Arabic, etc. It helps clients cost-effectively bridge language and cultural gaps when dealing with global audiences by pairing them with VAs well-versed in their regions and tongues.

Key administrative tasks like foreign correspondence, multilingual chat and phone support, global appointment setting, and more can be handled smoothly. As international trade and worldwide collaboration accelerate, easily tapping into a highly qualified talent pool of multilingual assistants saves clients critical time while empowering meaningful business interactions worldwide in native languages.

How much you can make: $30K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Executive-level virtual assistance

Executive-level virtual assistance provides senior-level virtual assistants to support executives and leaders with strategic business tasks. The service would assess and train VAs to assist with C-level duties like research, analysis, presentations, email triage, travel planning, and meeting coordination. It helps executives focus on critical decisions and long-term priorities while relying on competent, experienced VAs to confidentially handle sensitive business operations.

The flexibility allows seasoned, trusted talent to work remotely alleviating managers’ challenging workloads so they drive growth through more valuable activities.

How much you can make: $50K – $200K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Virtual event planning and coordination

Virtual event planning and coordination provides end-to-end event planning and coordination for virtual and hybrid events because many organizations have events teams that lack the skills or bandwidth to properly handle technical virtual settings despite remote and hybrid events increasing due to travel limits.

The service would guide clients on the best platforms to use, schedule speakers, run rehearsals, coordinate live streams/breakouts, provide real-time tech support during events, and collect feedback after events end. It helps event organizers seamlessly facilitate interactive virtual participant experiences that keep remote audiences engaged as if they were attending in person. Having specialized experts handle multi-platform event technology coordination alleviates numerous headaches for associations, companies, and event planners as virtual settings require a different host of AV, stage, and logistical skills versus live venues.

How much you can make: $30K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Content management virtual support

Content management virtual support is a service that provides dedicated virtual assistants to help businesses and teams with their content needs since producing, optimizing, and distributing quality online content across platforms requires substantial effort that strains limited staff resources.

The service would assemble, train, and manage VAs specialized in content creation assistance, social posting, optimization tasks, and content aggregation/curation duties tailored to each client’s website, blog, and social media presence. It helps extend clients’ online reach and engagement by handling time-consuming content promotion activities through an affordable remote workforce. Strategic content support frees up organizations to handle higher-value priorities while experienced VAs enhance and maintain various digital properties to foster online growth.

How much you can make: $30K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Remote HR and administrative services

Remote HR and administrative services provide outsourced human resources and administrative support for organizations lacking dedicated HR staffing. The service would supply an affordable team to handle critical HR paperwork, field employee questions, coordinate handbooks, ensure legal conformity, improve culture, and streamline processes remotely.

It helps enable consistent talent management so managers can better train, develop, and nurture their staff while staying compliant as they scale. Having specialized HR administration support alleviates stresses by making it simple for startups and small companies to establish and manage best practices around recruitment, retention, and workforce structure through turnkey solutions.

How much you can make: $30K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Online business management services

Online business management services provide dedicated business management support and guidance to help ecommerce owners and remote teams operate successfully because many virtual companies struggle with leadership decisions, growth planning, technology oversight, and optimizing workflows while running daily remote operations.

The service would assess and provide an experienced online-focused manager to steer strategy, track KPIs and finances, supervise virtual employees, liaise with vendors, upgrade systems, and boost scalability. It helps ensure sustainable business foundations so entrepreneurs can reach their ecommerce goals with less self-doubt and stress. By designating an empowered manager to nurture progress, implement accountability, and connect disparate activities, business owners gain peace of mind along with the leadership to reach the next level.

How much you can make: $30K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Research and data analysis virtual assistant

Research and data analysis virtual assistant provides dedicated virtual assistants skilled in research and data analysis to assist decision-makers from a distance. A research and analytics VA service would handle the heavy lifting by compiling information from various credible online sources, structuring raw company data, performing key statistical analyses, creating compelling data displays, and summarizing insights into reports for easy digestion.

It helps provide convenient high-level expertise so clients spend far less effort getting the reliable studies, models, and data points needed to minimize risk and validate smart choices. Having a remote team specializing in business research and data manipulation at your fingertips enables confident, evidence-based decision-making. Rather than getting overwhelmed by information overload, research assistance brings structure and understanding to murky choices.

How much you can make: $30K – $100K annually
How much does it cost to start: $1K – $10K
How long does it take to build: 3-12 months

Personal virtual assistant

Personal virtual assistant provides individuals with dedicated personal assistants working remotely to lighten their workload and improve productivity. A personal VA handles duties chosen by clients like schedule coordination, inbox organizing, research, administration, event arranging, travel planning, property oversight, and more based on personal needs or dislikes.

It helps relieve clients of time-draining errands and mundane minutiae so they focus on bigger personal and professional objectives. The flexibility of on-demand virtual assistance saves clients hours otherwise lost doing a multitude of small tasks themselves. Trusted VAs tailored specifically to individual lifestyles can enhance work-life balance for busy consultants, lawyers, executives and technologists by ensuring their miscellaneous responsibilities still get managed reliably without constant oversight.

How much you can make: $20K – $50K annually
How much does it cost to start: $1K – $5K
How long does it take to build: 1-6 months

Conclusion

With flexibility, creativity, and a commitment to your clients, a virtual assistant business can be a rewarding and profitable job. So why not take the leap and explore the possibilities of becoming your own boss as a virtual assistant? The tools and resources are available – all you need is the drive to get started.