5 profitable wellness business ideas - Business MattersBusiness Matters

5 profitable wellness business ideas - Business MattersBusiness Matters


5 profitable wellness business ideas - Business MattersBusiness Matters

Posted: 31 Jan 2020 06:10 AM PST

Getting and staying healthy is a big business nowadays. In fact, reports show that the health and wellness industry is worth over $4 trillion – there's never been a better time to start working on improving your health and fitness.

And, the great news for entrepreneurs is that this industry lends itself to all kinds of different business ideas. Whether you're looking to work with clients directly, work from home, sell online, or start an office-based business, there's a health and wellness option out there for you. We've put together some profitable health and wellness business ideas that you might be interested in.

Supplements

Health supplements are big business these days. People are taking supplements alongside a healthy and balanced diet to help with all kinds of things, ranging from weight loss to muscle gain or improved digestion and nicer skin, hair, and nails. Thanks to the booming e-commerce industry, it's easier than ever to get started selling supplements online, using an affordable online shop platform like Shopify paired with a strong social media marketing strategy. You could sell supplements supplied to you by manufacturers or make your own – check out these tools for making supplements manufactured in the USA.

Personal Training

People are always going to want to lose some extra pounds – whether it's a complete lifestyle change or they just want to put some extra work in to look and feel better in themselves for a big upcoming event. Because of this, it's safe to say that personal trainers are always going to be in demand – working with a personal trainer usually achieves better results than going it alone, as trainers keep their clients motivated and accountable. And, personal trainers often help people who have no idea what they're doing to learn how to exercise most effectively to reach their goals.

To start your own business as a personal trainer, you'll need to get the relevant qualifications. Then, the options are endless – you could work at a gym or fitness center as a contractor, work with clients at their homes, or even create and sell an online personal training course for clients to download and use.

Nutrition

The nutrition industry is booming – busy schedules often mean that it's hard to spend time every day cooking healthy, balanced meals. So, an increasing number of people are turning to companies to do the hard work for them. If you enjoy cooking, you could offer a personal healthy chef service to your clients; preparing their food for the week ahead. Or if you enjoy writing, why not write and publish a recipe book for healthy yet easy dishes.

Massage

Massage therapy is a hugely profitable field in the health and wellness industry. Massage therapists help people with reducing stress, pain, and tension and can earn an average salary of over £40k. If you're interested in setting up a business offering massage treatments, you'll need to take a course – or hire people with the qualification – and make sure that you have all required state licenses. Other business expenses to expect include massage equipment like tables, oils and any other tools you need for the services you provide. A massage therapy business gives you the option to work from your own home or visit your clients at theirs.

Mental Health Support

Mental health is finally getting the kind of attention that it deserves and as a result, there's an increasing demand for mental health support services. You could train as a therapist and take that route, but there are many other options for entrepreneurs looking to get into this field of the health industry. Mindfulness apps, for example, are taking the world by storm.

Which of these health and wellness businesses is most suited for you?


Startup "therapy" helps turn idea into a business - The Denver Channel

Posted: 31 Jan 2020 07:49 AM PST

DENVER — Have you ever had an idea you thought could be the next big thing? Maybe all you need is a little coaching, or "therapy."

Raika Technologies, a Denver technology incubator, is offering a new consulting service to help people take a good idea to the next level. It's called the startup therapy couch.

"The startup therapy couch is a service that we offer that brings people who have new ideas, or small business owners wanting to bring new products to market, or entrepreneurs of any kind," said Raika Technologies CEO Cynthia Delaria.

Delaria has helped launch 85 startups and products through Raika, many of them apps. Denver7 profiled one of Raika's success strories: the PuppTech app, which helps keep track of pets in cars. Delaria says her experience working with dozens of entrepreneurs has taught her what works and what doesn't.

"There's a mindset piece and without it, it's very difficult to be successful," Delaria said. "Although we do a lot with business structure and building pitches and that kind of stuff, it's more about the mindset and the attitude."

Entrepreneurs who come to the startup therapy couch may have a business already, or it could be an idea they need to flesh out. Dani Everson, owner of Clementine's Salon in Denver, had an idea for a skin care app, but didn't know what to do with it.

"I don't know anything about tech, so I came in at a pretty rookie level, and she (Delaria) held my hand the whole way," Everson said.

It doesn't necessarily have to involve a couch — the coaching could come in the form of a phone call, or regular meetings. Also, Delaria isn't so much a therapist as she is a cheerleader. She recently helped Everson with a pitch to potential investors in Los Angeles, and now Everson is closer to launching her app that helps people track their skin routine.

While Everson hopes to help people in pursuit of great skin, Delaria is looking for the next great idea.

"I feel like anybody who is willing to come and pitch to me, there's always a possibility that that could be the next big thing," she said.

14 Famous Businesses That Launched With Less Than $10,000 - Entrepreneur

Posted: 24 Jan 2020 08:30 AM PST

Steve Jobs built a business that revolutionized the tech industry. It all started with an investment of $1,350. In 1975, Jobs and his friend Steve Wozniak launched Apple in Jobs's parents' garage. 

Jobs once said in an interview: "That's why we started Apple. We said, 'You know, we have absolutely nothing to lose.' I was 20 years old at the time, Woz was 24 [or] 25, so we have nothing to lose. We have no families, no children, no houses. Woz had an old car. I had a Volkswagen van, I mean, all we were going to lose [was] our cars and the shirts off our [backs]."

By 1985, Jobs' relationship with Apple had soured. Jobs resigned from the company that year. He came back to the tech giant in 1997 when Apple bought NeXT, the company then headed by Jobs.

Before Jobs passed away from pancreatic cancer in 2011, he left behind a legacy of innovation including the iPhone, iPad, iPod, iMac and iTunes. Apple is the world's most valuable company, worth more a trillion dollars.

In 1975: $1,350 

In today's dollars: $6,450+

Related: Steve Jobs: An Extraordinary Career

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