starting nancy's shop two years ago was
one of the best things i've ever done in
my life not only did i make some good
money doing it and learn about business
along the way starting it and reaching
small milestones and small successes
along the way gave me the confidence to
do other things in life like starting
this youtube channel but after talking
to some of you guys in the comments
section and on instagram i've learned
that one of the biggest things holding
you back is that you don't even know
where to start and i can really relate
because a lot of you guys might be young
and even if you're not some of you just
might not have had the chance to try a
lot of things yet and that's okay for
someone like me and i'm sure this is
true for some of you guys out there too
i've always had a problem finding
exactly what i like to do in life it
never hurts to see what other people are
doing just to get ideas and inspiration
on things that you might like to try too
so what i did was spend a night browsing
etsy and i came up with a list of niches
and store ideas that i think would be
really successful if you started them
today i tried my best to include a wide
variety of different niches so they're
not all the same and i'll be going
through each one and giving them a
rating on the startup costs skills
required to start and passiveness since
you all know how much i love passive
income to be honest i low-key don't even
want to share this list because as i was
browsing etsy and putting this list
together i was coming across ideas that
i thought were really good and i was
thinking maybe i should start these
shops up for myself but for now i
decided not to give up on my sticker
shop yet and i'll be sharing these ideas
with you so let's get started so the
first idea is 3d printed cookie cutters
for this niche i'm going to be showing
you guys an example shop called the
cookery.ca as of today they have almost
62 000 sales with an estimated average
price of around six dollars which equals
371
and 850 dollars and as you can see they
started in 2018 so they earned this
revenue over four years so for startup
class i'm going to give this a 4 out of
5 stars i feel like 3d printing has
become more accessible over the last few
years and the price to get started has
really come down doing some quick
research online i found that you can get
a startup 3d printer for as little as
two to four hundred dollars i found the
food safe material that you would need
for these cookie cutters range between
20 to 25 dollars for a kilogram which
i'm assuming would last you for a while
since cookie cutters themselves don't
use that much material i'm sure they can
get this cost down too if you're buying
in bulk from a different supplier so
let's overestimate a little bit and say
it would cost three to five hundred
dollars to get started personally for me
five hundred dollars isn't that much to
spend on a business that has the
potential to make you hundreds of
thousands but this cost in comparison to
the others on the list is quite high
which is the reason for the 4 out of 5
stars for skills required i'm going to
give this a 3.5 out of 5 just because
there's so many things you have to learn
first you need to learn these machines
which can sometimes be complicated but
you also have to learn how to do the 3d
modeling and designing in a 3d
environment which i don't really have
experience with but i would assume that
it's not the easiest thing to learn
these things might take you weeks or
even months to get good at so it's not
something that you can start up right
away for passiveness i'm going to give
this a 3 out of 5 stars just because
once you've learned it and you've
designed your designs the machine is
doing the work right like after you
design it you can set up the machine and
let it run and print the cookie cutters
that you need so it's not fully passive
because you do have to run the machines
and pack up the orders and ship them but
it's not as bad as having to work on
each order one by one as they come in
the next shop idea is resume templates
so for this one i have an example shop
called co resume they've made 25 000
sales with an average price of around
10.65 which equals around 269 thousand
dollars they started in 2020 so they've
earned this in less than two years so
for startup costs i'm gonna rate this a
one out of five stars because it really
doesn't cost anything to get started i'm
going to be assuming that most of you
guys have a computer or a laptop you can
work with but even if you don't you
could always go to your public library
and part on one of the computers that
they have there it really doesn't take
any extra software to make these
templates people are using microsoft
word pages and even google sheets
because that's completely free for
skills required i'm going to give this a
1.5 out of 5 stars obviously people are
paying for this so the products that you
see getting sold isn't something that
just anybody can do themselves but i
really think that learning this basic
office software is something that's
really easy to do all you really need to
do is to look up some tutorials and
maybe read some help articles and i'm
sure you can learn how to make some
compelling resume templates in about a
day or two for passiveness i'm going to
be giving this a full 5 out of 5 stars
just because it's a digital product
digital products are the holy grail of
passive income because once you make it
once and a customer buys it they can
download the product for themselves
without any input from yourself there's
nothing to pack and there's nothing to
ship you really only have to do some
basic customer service but all these
shops have customer service so you
really can't get around that some of you
guys might be looking at this niche and
going wow low startup costs low skills
required and max passiveness that's the
perfect business but you have to
remember when startup costs and skills
required is low that means that the
barrier to entry for this particular
niche is low as well that usually means
competition in a niche like this is very
high most of the time to be successful
in a niche like this you're going to
have to find a way to really stand out
from the competition and it might not be
the easiest thing to do the next shop
idea is bridesmaid and groomsman boxes
the example for this niche is a shop
called aaron's home and gifts they've
had 77 000 sales with an average price
of around 25 dollars which equals 1.9
million dollars and as you can see they
started in 2020 so they did this in less
than two years so startup costs for this
niche really depends on what you're
trying to do some of these shops are
selling the boxes themselves which are
empty and some of these shops are
selling gifts inside the box so it's
like a total package thing that you can
give to your groomsmen or bridesmaid but
for the sake of this video i'm just
gonna use the sample shop that i
provided just to make things a little
easier so it looks like aaron's home and
gifts actually sells things inside their
box it looks like they include handmade
soaps and candles as well as some other
small things i did some research and i
looked up what it cost to get started in
handmade soaps and candles and according
to this article it says you need around
200 just for starting materials like
live fats and oils and after that you
need to spend around 300 on the
equipment to put everything together so
yeah to be honest that's a little higher
than i was expecting but not only do you
have to spend money for the things
inside the box you have to spend money
to make the box really nice too because
the box itself is a gift to somebody so
i'm going to give the startup cost of 4
out of 5 for this one for skills
required i'm going to give this a 3 out
of 5 stars i don't have any experience
making handmade soaps or candles but
from what i've seen this is not
something you can learn in a day it's
probably going to take weeks or maybe a
couple months for passiveness i'm going
to give this a one out of five stars
just because you have to make everything
that goes inside the box one by one and
you have to package everything really
nicely as well so yeah this isn't really
passive you could reduce some of your
work by working with partners that can
make the candles and the soaps for you
but if you do that that's going to eat
into your profit margins and you're
still going to have to pack them so yeah
1 out of 5 stars next up we have pet
portraits the shop i found for this
niche is called draw your portrait they
have 56 000 sales at an average price of
around 40
which equals 2.2 million dollars they
started in 2016 which is about six years
for this niche i'm going to give startup
costs a 1.5 out of 5 stars the art
provided here is digital and it really
doesn't cost much to make a digital
piece of art there was a time where i
was really into drawing on my computer
and all i really needed to do was to
pick up a wacom tablet these are tablets
that come with a pen that you can just
draw on and they'll transfer the image
from your hand onto the computer and
nowadays you can get starter ones for
really cheap somewhere between 50 to 100
with a business like this once the
artwork is complete you can either send
the digital file to your customer or if
they want a physical print you can work
with a print on demand service these
services will take your file and print
it on whatever you want and send it
directly to your customer so it doesn't
add to your startup cost at all for
skills required for this one i'm going
to give this a 4 out of 5 stars though
there are probably people out there who
are naturally gifted and they're able to
learn how to draw something like this in
a couple days or maybe a couple weeks
for most people i think it's going to
take months or even years to get to this
level of art so yeah art skills is not
really something you can learn in a
couple days or so for passiveness if
you're selling personalized art where
you have to create a new piece for every
new customer that you get i'm going to
give this a 2 out of 5 stars but if
you're painting something once and
you're selling it multiple times i'm
going to give this a 5 out of 5 stars it
really just depends on what kind of shop
you have and whether your things are
personalized or not but yeah if it was
me i would sell the digital print so
they can print at home for full
passiveness and if they want a physical
one i would just work with a
print-on-demand service the next niche
idea is gender revealed decorations for
this one we're going to be looking at a
shop called poof there it is reveals you
can see here that they've made 260 000
sales and average price at around 8
which equals over 2 million dollars they
started in 2016 so they got to this
point in less than six years startup
cost for this niche i'm going to be
giving it a one and a half out of five
looking on amazon i can see that gender
reveal powder is around 20 to 25 for 10
bags and i'm sure that you can get this
for cheaper if you're buying this in
bulk from an actual supplier reading the
description it looks like they're using
plastic or acrylic shells that you can
get from a craft store like michael's
and after that all you really need is
some paint and some markers just to
color them up so yeah to get started in
this you probably need less than a
hundred dollars skills required i'm
gonna give this a one out of five
because this is something you can learn
to do on a youtube video if you just
youtube gender revealed baseball you'll
see step-by-step instructions on how to
make one so this is definitely something
you can learn to do in just a day
passiveness i'm gonna give this a one
out of five just because it's not
passive at all for every order that you
get you're going to have to hand make
them and it doesn't seem very easy to be
making these balls one by one so it's
not very high on the passiveness but
again this doesn't mean that it's a bad
business at all this shop made two
million dollars in six years doing small
things like this one by one and to me
that's a really good business moving on
we have instagram highlight covers and
for this one we have a shop called tin
studio digital they have almost 18 000
sales and estimated average price of
seven dollars which equals 124 000
they started in 2020 so they made this
in less than two years so i was actually
shocked when i came across this niche i
didn't really think that people would be
spending money on instagram highlight
covers like these are pictures that go
into little circles of your instagram
page but yeah this is something that
people want and they're willing to pay
money for someone to do it for them so
this is a valid business for startup
costs i'm gonna give this a one out of
five since a lot of these graphics are
really basic and simple you can totally
make this using free software like sigma
or canva for skills required i'm gonna
give this a two out of five because
again these are very simple graphics
that people are buying you're not
painting the mona lisa here you're
making a small circle very simple
background with an icon on it this
software for graphic design now is
really easy to use and really accessible
and it's really something that you can
learn in a few days or maybe a couple
weeks for passiveness this is a five out
of five because again it's completely
digital once the designs are made
customers can download them forever and
you just have to do the customer service
next up we have map prints the example
shop for this one is called paper
emporium co they've made 40 000 sales
with an average price of around twenty
dollars which equals eight hundred and
six thousand dollars this shop only
started last year so props to this shop
because eight hundred and six thousand
dollars that's a crazy amount to earn in
just one year startup cost for this one
is a little bit higher because to make
graphics like this you're gonna need
some more advanced professional software
so i'm not sure exactly what software
this shop is using but from my
experience this is something that
requires an adobe photoshop or
illustrator so this software isn't free
like canva or figma you're gonna need to
pay for it but the cost isn't really
that high adobe does have monthly
subscriptions now so this is not gonna
be a huge upfront cost it's something
you're gonna have to pay as you go for
skills required i'm gonna give this a
surprising one out of five stars when i
first came across this this looked very
complicated to make but i did some
googling and there's actually videos
that you can watch that will show you
exactly how to do this step by step so
yeah if you already have the software
this is definitely something you can
learn to make in just a day and i'm just
gonna sidetrack here a little bit and
mention how important it is to learn the
skill of googling i'm sure that when
some of you saw these map prints you
thought it was really complicated as
well and you would have never imagined
it's something that you could actually
do too but yeah something that's really
helped me in my life is having a
learning mindset and staying curious so
many times i come across something that
seems very complicated and i have the
curiosity to google it and you realize
that things are more simple than you
think and seeing complicated things
become simple is really like a
mind-blowing moment because it gives you
the confidence to try things and leads
to the first step to building really
amazing things but yeah back to the
video for passiveness this gets a 5 out
of 5 because it's fully digital and if
you want to go physical you can always
go print on demand next on the list we
have nursery decor for this one we have
a shop called bear and rose company they
have 71 000 sales with an estimated
average price of 40 dollars which comes
to 2.8 million dollars they started in
2018 so they got to this point in about
four years startup cost for a shop like
this is going to be 5 out of 5 because
you have to use really expensive
machines from browsing their shop it
looks like they're using laser cutting
machines to cut sheets of wood into the
shapes that they want these machines are
not really made for consumers they're
made for commercial use and the price
for these things can range from
thousands of dollars to tens of
thousands so it's definitely not cheap
for skills required i'm gonna give this
a three out of five from my experience
working with commercial machines they're
just not as user-friendly as the ones
made for consumers you're going to need
how to learn how to use and maintain the
machines as well as learning how to
design the products in like a vector
environment which is going to take some
time as well this is probably something
that will take a month or two or more to
learn so that's the reason for the
rating for passiveness i'm gonna give
this a three out of five just like with
the other shops that use machines to
produce the product this is semi-passive
once you've created the designs you can
then use the machines to duplicate it
for you so yeah you have the machines to
help you but you still have to design
and pack next up we have embroidery kits
the example shop for this one is called
diy order they have 73 000 sales an
average estimated price of 11
which gives them 805 000 of revenue over
a three year period startup cost for
this one is going to be a one and a half
out of five just because you don't
really need anything special to get
started the materials you need here look
like they can be picked up for something
like twenty to thirty dollars and again
i'm sure you can get this price down if
you're buying in bulk from an actual
supplier i'm gonna make a guess and say
that it probably only takes around a
hundred dollars to get started for
skills required you're going to need to
know how to embroider stuff and i really
don't have any experience in doing that
but these are kits that you're selling
to your customer right for them to do
themselves so i can't imagine that it's
that difficult so yeah the difficulty
probably comes from designing the
patterns themselves which again i don't
have experience in but i'm gonna give
this a two out of five passiveness for
something like this is probably around a
two and a half out of five because you
still have to pack every order and send
them out as you get them the passiveness
from this comes from the designs for
this shop in particular it looks like
the designs are digital and the customer
has to download and print them out
themselves before i go on let's get the
obvious thing out of the way these shops
are the top shops and their respective
niches success like this is not
guaranteed nothing in business is
guaranteed you can start a shop and
spend thousands of dollars and weeks and
weeks building it up just to get started
and you might not get anything in return
for me starting and growing these side
businesses have almost become like a
hobby for me i actually have fun
designing new products and trying to
grow my shop i get enjoyment out of it
the same way people get it from skiing
or golfing so i'm completely okay with
getting nothing from my work but with
that being said these shops are real and
they really did make this amount of
money in the time frame that i said so
it's definitely possible you just have
to take the first step and start so if
this video helped you get an idea and
you're ready to start right away you
might want to check out this video it's
a video where i break down the
step-by-step process to getting your
first 100 sales but that's it for me
thanks so much for watching guys i'll
see you in the next one bye