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24 Business Ideas That Could Be Worth Millions

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The advance of the internet has democratized admission to the world of entrepreneurship. From virtually anywhere in the world (provided internet access), makers can launch real, viable businesses capable of generating millions of dollars a year.

While technology has lowered the barrier to entry to starting a business, there’s still an infinite supply of problems just waiting to be solved. With tons of ideas out there, the primary ingredient for building a startup — besides time and a bit of luck — is execution. You just have to get started. To get you started, here are 24 viable business ideas.

24 Business Ideas That Could Be Worth Millions
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Gmail Extension Creator

Modern businesses rely on email to get their work done. There are dozens of opportunities to build Gmail extensions that automate parts of a professional’s workflow to save time and money.

Related: 20 Gmail Hacks Only Savvy Users Know

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Drone Videographer

Improvement in aviation technology has made it easier than ever to get a drone up and flying over a beautiful landscape or building. The commercial and residential real estate industries are practically begging for more drone videographers to serve their agents and home developers.

Related: Revolutionizing the Film Industry With Remote-Controlled Drones

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FAQs Chatbot Builder

Companies waste dozens and dozens of hours a week answering support questions from their customers. Help them automate this process by using a simple chatbot.

Related: Top 10 Best Chatbot Platform Tools to Build Chatbots for Your Business

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Drop Shipping Business Owner

You can start an e-commerce business without holding any inventory. This practice, known as drop shipping, offers a lot of opportunity if you can dominate the right niche.

Related: 6 Steps to Building a Successful Online Drop Shipping Business

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Online Course Creator

If you know an industry or task really well, you can easily create and sell an online course that teaches people a new skill. You’ll just have to invest the resources upfront that are necessary to develop the class. 

Related: 8 Steps to Creating a Profitable Digital Course

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Social Media Manager

You can run social media accounts for a number of different companies if you market yourself well. Advertise your ability to drive sales and increase ROI by leveraging the reach of multiple social channels.

Related:  Tips for Running Your Best Social Media Campaign Ever

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Online Influencer

It’s a common dream nowadays to become an internet celebrity, and there’s a reason: Building a wide audience on the internet can give you immense influence that can be monetized at scale. 

Related: What I’ve Learned From Spending $10 Million on Influencer Marketing

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Affiliate Marketing Partner

Affiliate marketing is a partnership that bloggers, content creators or marketers can have with an online retailer. The retailer pays a commission for every referral sale the partner sends their way. 

Related: Top 10 Affiliate Marketing Tracking Software Platforms

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Event Planner and Promoter

Restaurants, clubs and other physical venues often struggle to get customers in the door. Using your ability as a marketer, you can be compensated for directing traffic to these locations.

Related: The Price Is Right: Turning a Profit in the Event Planning Business

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Real Estate Investor

In any market, there are opportunities for buying and selling real estate to make a profit. With a bit of capital, you can begin taking more risks on your assets and making long term investments in residential and commercial real estate. Just be sure to do your research before you get started. 

Related: 8 Ways Real Estate Is Your Smartest Investment

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Chevanon Wonganuchitmetha | EyeEm | Getty Images

Ghostwriter

You can turn your ability to write well and quickly into a serious business if you find the right clients. Try freelancer platforms like Upwork and Freelancer.com. As long as you provide consistent and quality content, over time, your business is bound to grow.

Related: The Entrepreneur’s Complete Guide to Ghostwriting

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Content Translator

Being fluent in another language can be extremely valuable to people who need their websites translated. Put up a simple website, and you can start charging for “translation as a service” for websites, documents and presentations.

Related: Going Global? 3 Strategies to Ensure Nothing’s ‘Lost in Translation’

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Website Flipper

Using Flippa or any other online business marketplace, you can buy and sell projects, domains and websites. With the right eye, you can find great deals on promising ideas and turn them for a profit with just a small investment in the right areas. 

Related: 7 Lucrative Online Jobs That Can Skyrocket Your Income

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Newsletter Writer

Building a newsletter with an active following is an extremely lucrative business opportunity because advertisers will pay serious dollars to get their names in front of the right audience. Start with a small niche that you can really provide value to, and you’ll likely see your subscriber list grow over time.

Related: 4 Steps to Building A Profitable Digital Newsletter

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Freelance Designer

Learn how to use Photoshop or sketch, and you can start charging clients for your design work. As a freelancer, you’ll be able to make your own hours and dictate your own progression as your business grows. 

Related: The Non-Designer’s Guide to Hiring a Great Freelance Web Designer

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Personal Trainer

If you enjoy fitness and maintaining a healthy lifestyle, then personal training could be a prime business for you. There’s always a market for it through people who are looking to get in shape — and looking for someone to push them in the right direction. 

Related: How To Add Wellness Coaching to Your Personal Training Business

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Craigslist Flipper

Craigslist can be a goldmine finding deals that you can flip for a profit. There are plenty of resources available online that can help you identify the good deals from the rest of the pack. 

Related: How to Make a Fortune With $100

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Farmers’ Market Seller

If you know any farmers in your area, you can reach out to them and offer to sell their products at farmers’ markets. Rather than paying upfront, you can mitigate your risk by partnering with the farmers in exchange for commission.

Related: College Entrepreneurs Find a Green Niche in an Online Farmers Market

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Paid Advertising Consultant

Most businesses rely on some sort of paid advertising to drive leads for their business. Become an expert at Google AdWords or Facebook ads, and you can start charging clients for managing their spend.

Related: Need Clients? The 5 Best Ways to Market Your Consulting Business

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Tutor

Whether it is for the ACT, SAT or just general schoolwork, many students could use support to do their best in different subjects. Become a resource that helps students succeed in the classroom, and many parents will likely be willing to pay you for the help. 

Related: To Rapidly Enhance Your Business, Stop Selling and Start Teaching

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Outsourced Assistant

Well-paid CEOs do not have the time or energy to worry about many of the administrative tasks that can come with the job. If you can give wealthy people their time back by acting as an outsourcd assistant, many will be more than happy to compensate you appropriately. 

Related: What Successful Entrepreneurs Outsource to a Virtual Assistant

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Reviewer

Believe it or not, you can turn a profit off of beinga “professional reviewer,” or someone who reviews products by publishing thoughts about them online. It will take some time to gain some domain authority, but after a while, you could become a thougth leader in your space.

Related: A Top TripAdvisor Reviewer Talks About How Reviews Work, for Good and Bad

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Life Coach

Becoming a life coach is as simple as determining which of your past experiences you can use to provide value to others. Whether it is providing actionable strategies or general advice, you can likely find a niche as a life coach or mentor.

Related: The 10 Best Cities For Starting a Life-Coaching Practice

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Website Designer

There are plenty of companies and professionals out there who want a website to represent them online but don’t have the skills to create it. Many are more than willing to pay for a quality website that will better display their brand image.


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AFFILIATE MARKETING

How to Control the Way People Think About You

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How to Control the Way People Think About You

Opinions expressed by Entrepreneur contributors are their own.

In today’s digital age, where personal branding and public perception play a vital role in success, strategic PR efforts have become more important than ever. Ulyses Osuna, the founder of Influencer Press, joined our show to share valuable insights on the significance of PR, the evolving landscape, and the keys to achieving business growth while maintaining a fulfilling personal life.

One of the key takeaways from the conversation was the importance of strategic PR efforts in building a personal brand and shaping public perception. Ulyses emphasized that PR is not just about getting media coverage; it’s about controlling the narrative and shaping how others perceive you. By strategically positioning yourself and your brand through effective PR, you can influence public opinion and establish yourself as an authority in your field. Another crucial aspect discussed was the power of leveraging relationships and connections.

Ulyses highlighted the “Buglight Concept,” which involves utilizing the support and connections of others to achieve success. By building strong relationships and leveraging the networks of influential individuals, you can significantly expand your reach and influence. Ulyses’s own success with Influencer Press is a testament to the power of connections in the PR world. While professional success is undoubtedly important, Ulyses also stressed the significance of balancing personal time and fulfillment. In the pursuit of business growth, it’s easy to neglect personal well-being and relationships. However, Ulyses emphasized that true success lies in finding a balance between professional achievements and personal happiness.

By prioritizing personal time and fulfillment, entrepreneurs can sustain long-term growth and avoid burnout. In the ever-evolving landscape of PR, Ulyses highlighted the need for a clear mission when seeking press coverage. He emphasized the importance of aligning your brand with a cause or purpose that resonates with your target audience. By having a clear mission and purpose, you can attract media attention that aligns with your values and goals, ultimately enhancing your brand’s reputation and reach. Additionally, Ulyses discussed the importance of pricing services correctly and finding the right balance between personal involvement and business scalability.

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The conversation also touched upon the dynamics of client relationships and the impact of showcasing external support. Ulyses emphasized the value of building strong relationships with clients and going above and beyond to exceed their expectations. Furthermore, he highlighted the importance of showcasing external support, such as media coverage or endorsements, to establish credibility and attract new clients. Ulyses’s own podcast, The Blacklist, where he shares insights and interviews successful entrepreneurs, was also discussed. He explained that launching the podcast was a way to give back to the entrepreneurial community and share valuable knowledge.

By continuously learning from others and implementing breakthrough ideas, Ulyses emphasized the importance of immediate action and continuous improvement for business growth. In conclusion, strategic PR efforts are essential for building a strong personal brand and controlling the narrative in today’s digital age. By leveraging relationships, finding a balance between personal and professional life, and having a clear mission, entrepreneurs can shape public perception, expand their reach, and achieve long-term success. Ulyses Osuna’s insights serve as a valuable guide for those looking to navigate the ever-changing landscape of PR and personal branding.

About The Jeff Fenster Show

Serial entrepreneur Jeff Fenster embarks on an extraordinary journey every week, delving into the stories of exceptional individuals who have defied the norms and blazed their own trails to achieve extraordinary success.

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Set Your Team up for Success and Let Them Browse the Internet Faster

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Set Your Team up for Success and Let Them Browse the Internet Faster

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

According to TeamStage, 31 percent of employees waste about a half hour each day, and the top 10 percent of them can waste as much as three hours in a day. Part of that might be attitude, but the other part might be hangups caused by internet speed and advertisements. To nip that lost time in the bud, consider equipping yourself or your team with a tool to help stay on task.

From April 15 through 21, this five-year subscription to Control D Some Control Plan is on sale for just $34.97 (reg. $120). This is the best price for this deal online. This tool is designed to help users browse and use the internet faster while also blocking ads.

Control D is described as a “one-touch solution” for taking control over the productivity of your computer and internet usage. The deal supports use for up to ten devices, and it empowers each user to block advertisements, enjoy faster browsing, and set internet safety rules and restrictions for kids.

Control D’s bandwidth is substantial. It can accommodate up to 10,000 custom rules, block more than 300 servers, support multiple profiles, and unlimited usage. This robust and well-designed tool is a reliable option for any business leader who wants to liberate themselves or team members from distractions online.

Control D is rated a perfect 5/5 stars on Product Hunt.

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Remember that from April 15 through 21, this 5-year subscription to Control D Some Control Plan is on sale for just $34.97 (reg. $120)—the best price on the web.

StackSocial prices subject to change.

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Grab Microsoft Project Professional 2021 for $20 During This Flash Sale

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Grab Microsoft Project Professional 2021 for $20 During This Flash Sale

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

If you’re in charge of a business and you don’t have a clear understanding of how to approach projects in an organized and effective manner, that’s a problem. Like many leaders before you, consider leaning on software that’s designed to streamline the project workflow for companies representing a wide range of industries.

A rate that will only be available from April 19 through 22, you can get Microsoft Professional 2021 for just $19.97 (reg. $249).

This well-reviewed software comes with a range of pre-built templates that you can use to set your project off on the right foot. It supports a number of helpful functions like building complex schedules with varying timelines, auto-populating those schedules in instances where it can, and submitting timesheets that can be distinguished by project work and non-project work.

Some additional features of Microsoft Project Professional that can help entrepreneurs and their teams include what-if scenario generation capabilities. Microsoft Project Professional also allows you to sync projects on your local server with those online, which is massively helpful for remote teams.

Its comprehensive and well-curated offerings are part of why Project Professional is rated an average of 4.7/5 stars on the Entrepreneur Store.

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Don’t miss this limited-time opportunity to make a worthwhile investment in your business for the price of a beer at the ball game.

A price that will only last from April 19 through 22, you can get Microsoft Professional 2021 for just $19.97 (reg. $249).

StackSocial prices subject to change.

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