If you are an entrepreneur by heart but you don’t have the right idea, or you have a brilliant idea but you can’t seem to find the funds to start working on it, you can consider providing some service to other entrepreneurs. This will have more than one benefit.
- You will obviously earn for your services
- You will get to work with and learn from other successful entrepreneurs
- Some of these gigs might turn into a long term partnerships
- And of course, you will get an idea that you can work with
The best part about offering services online is that you do not need to be an expert. You can always work as a middleman. Note that a middleman is a lot more than someone who just connects buyers with sellers and keeps the commission. There’s a lot of hassle involved with finding and hiring the right talent. This is because so many businesses pay huge amounts to recruitment businesses.
Following are some services that entrepreneurs might be interested in.
Design & Development:
Almost all business ideas will need a website or mobile app to start with. As earlier mentioned, you don’t have to be a designer or developer in order to start web design or web development services. Instead you need to learn the pain points or major issues entrepreneurs have to deal with while working with a developer. You will just need to find some talented (and affordable) freelancers. Once you have the professionals, you can create a website and start offering the service.
The biggest challenge for all startups is marketing. Getting your first few clients is the hardest. You can offer online marketing or lead generation services to businesses. This is something you can learn by going through some short courses. Modern millionaires, for example, teaches you how to start generating instant leads with the help of Google or Facebook ads (read complete review of the course here). Then there are free resources or Blogs like Moz or Searchenginejournal that will teach you so much about SEO.
Content & Social media marketing:
Not every business or entrepreneur has the budget to spend on traditional advertising. The most cost effective way for them to reach their target audience is to create great content and use social media to promote that content. However, not many entrepreneurs have the time, expertise, or tools to manage content creation and promotion. You can learn social media marketing or YouTube marketing fairly easily and help other businesses achieve their goals.
Legal & Accounting:
Another challenge that many entrepreneurs face is to manage the legal side of the business. Similarly, many will find it difficult to manage accounts or file taxes. The same goes for hiring or managing human resources. Again, you do not need to be an accountant in order to offer these services. Start from finding a reliable partner who is very good at managing accounts or taxes. Create a website and market it for the services described above.
These are not the only services. You can always go through some of those entrepreneur forums or communities to find what’s a common problem for them. The best part is, you will have enough knowledge, resources, and practical experience to make your own business success when you launch it.