Start A Local Marketplace Website

Digital marketplaces are everywhere. You buy your clothes from them. You buy your gifts from them. You might even buy your food from them. Think of big sites like eBay and Amazon. These sites connect buyers and sellers and facilitate transactions.

Don’t want to compete with the big guys? You don’t need to. You can set up a marketplace for a specific industry or niche, and if you get traction, you can look into securing venture capital or sell it off. It’s a bit challenging since you need to develop both the demand and the supply at the same time, but it can be a very stable and scalable business model when executed correctly.