Weekly Business Ideas - 3 New Business Opportunities + Big News!

🗂 Overview

Before we get into this week’s business idea(s), we have an exciting announcement!

New Venture Weekly just went PRO! 🚀 Check it out.

What's New with New Venture Weekly Pro?

More ideas, more inspiration. Every week, Pro subscribers get not one, but three business ideas in the same concise, insightful email format you know.

Pro = your weekly dose of business insights, tripled.

The Vision Behind NVW Pro:

As we grow, it's crucial to maintain the essence of what makes NVW special. Here’s our vision with NVW Pro:

Commitment to Quality: High-quality, insightful content is what NVW stands for. Going Pro is our pledge to uphold this standard, ensuring every idea we share is as valuable as you expect.
Staying Independent: Our goal is to remain unbiased and dedicated to delivering pure, sponsor-free content. Your subscription helps us achieve this, keeping NVW driven solely by the pursuit of great ideas.
Sustainable Growth: Transitioning to Pro is a step towards making NVW a self-reliant venture, focused on long-term value rather than short-term fixes. It's about investing in a future where quality content thrives.

Why Upgrade to Pro?

Triple the Insights: Each email packs three handpicked, diverse business ideas.
Exclusive Range: Explore a wider array of sectors and opportunities.
Maximized Value: One email, three ideas – efficiency and depth, all in one.

Stand Out from the Crowd with NVW Pro:

Diverse Opportunities: Every week, uncover a trio of unique business ideas, each offering a different path to success.
Insightful Variety: From emerging tech to untapped niches, NVW Pro provides a panoramic view of the entrepreneurial landscape.
Strategic Advantage: Armed with a broader array of ideas, you’re better equipped to identify and capitalize on market gaps before others.

Everyone who subscribes today gets 50% off for life.

Unlock More Ideas, Go PRO

💡 Opportunity #1 - Specialised Job Boards

🗂 Overview:

Specialized job boards are online platforms focusing on particular industries or professions, offering a more targeted approach to job listings and recruitment than general job sites.

These platforms cater to a niche market, allowing for more relevant and high-quality job postings and candidate profiles. This specificity can lead to a higher value proposition and the ability to charge premium rates for services.

They also often become key community hubs, providing networking and industry insight opportunities.

With less competition and a growing demand for industry-specific recruitment solutions, launching a specialized job board presents a lucrative and sustainable business venture in the evolving job market.

The idea: Create a job board for a specialised industry. For example Cybersecurity jobs or content creator jobs.

📈 Trends:

📊 Stats:

Job boards play a significant role in the job search process, with almost 50% of all applications coming from job boards. (source)
Fewer than 1% of applicants who submit resumes through job boards and employment websites get an offer. (source)
Nearly 70% of positions are never publicly advertised, with most jobs discovered and filled via networking, employee recommendations, and recruiters. (source)
A vast majority (98%) of remote workers want to continue working remotely for the rest of their careers and would recommend it to others. (source)

⭐️ Examples:

SolidGigs generates over 10k a month by providing job leads to freelancers.
Remoteok makes around 40k a month and focuses on remote working jobs.
Work with Indies generates over 5k a month and focuses on the indie game dev market.

👎 Problems:

Specialized job boards can solve several key issues:

Higher Quality Candidates: They attract professionals with specific skills and experiences, leading to a more qualified candidate pool.
Better Job Relevance: Jobs are highly relevant to the niche audience, making the search more efficient for both employers and job seekers.
Increased Trust and Credibility: Specialization builds trust among users who feel the platform understands their industry's unique needs.
Higher Compensation: Specialized roles often command higher salaries, and these boards can attract better-paying jobs.
Community Building: They create a community of professionals within the same field, fostering networking and professional growth.
Industry Insights: Offering content and resources tailored to the industry, providing users with valuable insights and trends.
Efficient Recruiting Process: Employers can streamline their recruitment process by targeting a specific talent pool.
Less Competition for Job Seekers: Specialized boards mean less competition with generalist applicants, increasing the chances of landing the job.
Better Cultural Fit: Employers can find candidates who not only have the right skills but also align with their company culture.
Access to Passive Candidates: These boards can attract passive candidates who might not actively look on general job sites but are open to specific opportunities.

🚀 How to Build/Grow:

Find a Niche: Target a specialised industry that is growing in popularity and that is currently underserved on both sides of the job market.
Market Research: Deeply understand your chosen niche's needs, pain points, and current job market dynamics. Identify what both employers and job seekers in this field are looking for.
Use Job Board Software: Jboards, Niceboard, Smart Job Board, Framer, Webflow, WordPress
Build a User-Friendly Website: Use job board software that's flexible and user-friendly. Ensure your site is intuitive, mobile-friendly, and SEO-optimized.
Content Strategy: Develop a content strategy that includes industry insights, career advice, and trends to attract traffic and establish authority.
Monetization Strategy: Decide on your revenue model—job posting fees, premium listings, subscription services, advertising, or a combination. Have a good offer to entice people to post and apply for jobs. For example: Don’t pay unless you hire, or first X jobs free.
Community Engagement: Build a community around your niche. Use social media, forums, and networking events to engage your audience.
Partnerships and Networking: Collaborate with industry associations, educational institutions, and companies to grow your network and job listings.
Feedback and Iteration: Regularly gather feedback from users to improve and adapt your services.
Cold Email: Cold email recruiters, HR employees, companies, freelancers and more in your niche and tell them about your job board and how they could benefit.
PPC: Use Google ads to target high-intent relevant searches.
Paid Social: get in front of your desired target market on Twitter, LinkedIn and Meta.
Email Marketing: Keep users engaged and updated using email marketing.
Community: Build a community around your job board to enhance engagement and value.
Post on Forums: Find relevant forums, subreddits and Facebook groups for your niche and become an active (and valuable) member.

UNLOCK MORE IDEAS