Education and Training Service.

What’s appealing about starting an education or training service is that it’s a broad industry where you
can apply your previous knowledge and expertise. Whether if it’s tutoring high school students or
starting an instructional school, like a dance academy or driving school, this one of the fastest growing
sectors in the world.

Cleaning Business

It doesn’t cost much to start a cleaning business. Your monthly expenses are incredibly low, and there’s
always a need for cleaning homes or office. In fact, the cleaning industry pulled in $51 billion in 2015.

Healthcare Consultancy

This was always a money-maker. But, with so many questions surrounding the Affordable Care Act and
it’s possible replacement, people will be clamoring for a healthcare consultant to help them locate the
best plan possible.

Real Estate Brokerage Firm/Construction

As the global population continues to rise, China is expected to reach 1.5 billion people by 2030, these
people are all going to need somewhere to live. This makes the real estate and construction sectors
serious money-makers and millionare makers.

Agribusiness

Like with real estate and construction, the growing world population is going to need for to eat.
Whether if it’s growing fruits and vegetables, raising livestock, or starting a fish farm, the agribusiness is
primed to explode.

Communications

Thanks to the growing freelance generation and opportunities for remote workers, there’s serious
money to be in the communications industry. Whether if it’s building a tool like Slack, selling or repairing
smartphones, or starting a call center, there are a wide-range of communication business ideas.
Automotive Rental and Leasing

With the emergence of ride-sharing and on-demand services like Uber, Lyft, and Zipcar, more and more
people are looking to rent and lease vehicles instead of purchasing them.

eCommerce Website

As mentioned previously, we live in a global marketplace where you can purchase goods or services
from anywhere in the world. Add to that fact the low-cost of building an online storefront the
decreasing cost of transaction rates, and you can easily see why eCommerce websites are thriving.
Pixpa’s e-commerce store builder gives you everything you need to sell online.

Web Design Agency

Having a website isn’t a luxury anymore. It’s a necessity. While there are plenty of free website
templates, organizations still want a website that fits their brand. That is why they’re willing to invest in
a web designer. If you really want to make some cash, though, consider targeting emerging markets
where the competition isn’t as high, but the demand is steadily growing.

Mobile App Developer

With almost 5 billion mobile users in the world, mobile app development can be a profitable business
venture since demand has been skyrocketing for years – whether if it’s a game or app that provides a
useful function, such as a budgeting tool. And, as mobile usage continues to grow, this is a business that
should be profitable for years to come. If you have the skills, this could make you a millionaire in no
time.

Pet Services

Did you know that Americans spend close to $60 billion a year on their pets? Regardless of the economy,
pet services is an extremely profitable business that includes everything from pet sitting, grooming,
boarding, training, and distributing gourmet pet food.

YouTuber/Instagram Celebrity

You’ve probably heard of millionaire social media stars like PewDiePie, who raked in $15 million in 2016.
Through these social media channels, these individuals have been able to earn a large gathering of fans;
which in turn has lead to them becoming influencers. As influencers, they can make money from ad
space or endorsement deals.

Franchise Ownership

As I mentioned in an article for Entrepreneur, one of the most overlooked, and profitable, business ideas
is by purchasing a franchise like Jimmy John’s, Anytime Fitness, or MaidPro. Unlike starting from scratch,
you already have a proven, brand-name business with all of the research and customer-base built-in.

2nd

1. B2B products and services

Opening a consumer-facing brand may seem more fun at first glance, and like
the fastest way to become a household name, but starting a B2B business can
be one of the best ways to bring home the big bucks. By targeting companies
with big budgets who have consistent purchasing needs, you can bring in a lot
more revenue than you would by convincing consumers to make one-off
purchases.
For example, if you open an ice cream shop, you will need to rely on
customers wanting to come back again and again for your ice cream even in
the winter or when another dessert trend comes onto the scene. But with B2B
businesses, you can often arrange for large monthly orders or retainers. A
doctor’s office will always need medical supplies and will have consistent
orders placed every month for their basic supplies.
A business that lacks the budget for an in-house tech team will rely on a
company that provides affordable IT support services. B2B businesses often
rely less on trends and more on practicality, which can be a good thing for
entrepreneurs looking to start a stable business.
2. Online education
If you have a skill that other people would like to learn, then capitalize on it by
offering online educational resources that teach that skill. Especially with the
current landscape, more people are turning to virtual education than ever
before — both for practical purposes as well as to pursue a hobby or passion.
Experts predict e-learning sales will grow to $325 billion by 2025, which means
you should enter this scholastic gold rush before the market is oversaturated
with competitors.
By selling e-guides, online courses, e-books or virtual tutoring sessions, you
can start a million-dollar business for little upfront cost. Since online education
doesn’t require physical materials, or even an office if you’re a team of one,
your overhead will be low and your profit will stay high.

5. Wedding services and products

First comes love, then comes marriage, then comes some major spending.
That’s right, many couples are willing to spend tens of thousands of dollars to
make their dream wedding day come true. And typically, their guests follow
right behind them to purchase gifts, make travel arrangements and refresh
their formal wear. With the average wedding costing over $30,000, there is a
lot of room for your business to thrive in the wedding industry.
You can offer wedding planning services or floral design offerings. You can
open a wedding venue or host glamping bachelorette parties. Go traditional
or get creative. Food, flowers, decor, music, stationery, photography,
honeymoons, and more — the perfect wedding day can come at a steep cost
that businesses can benefit from.
6. Dropshipping business
In order to become a million-dollar business, you may want to consider
keeping your expenses low. One such way to do that, is by starting a
dropshipping business. What that means is you can start an e-commerce
business that outsources product development, material sourcing, inventory,
shipping and manufacturing to an outside party. When you have a
dropshipping business, you’ll sell products via an e-commerce website to
customers, but a third-party manufacturer will handle the order fulfillment and
shipping.
You’ll receive a commission for each sale you make, but you won’t have to buy
any inventory (unless a small initial amount is required) which means you
won’t have a warehouse full of goods costing you money if they don’t sell. By
the way, dropshipping is more common than you think. About 23% of online
sales are done via dropshipping. When you work with larger manufacturers, you
can utilize their valuable resources and expert processes they have in place
without committing too much time, energy or expense into starting a business
all on your own.