22 Examples of Business Ideas For The Finance Sector

22 Examples of Business Ideas For The Finance Sector

Looking to start a business in the finance sector but not quite sure what to start?

The good news is, there are so many opportunities to innovate and build something creative in the finance industry.

We put a list together below of the most profitable finance business ideas you can start today!

Here they are:

1. Start a financial advisor business ($5.89M/year)

And for some real world inspiration, give Denzel Rodriguez's story on creating Builder To Contributor LLC a read:

My name is Denzel Rodriguez currently 24 years old and I am a King. I serve the Almighty God King of Kings. My purpose on this earth is to share the Kingdom of God and his influence through financial concepts such as giving.

My company is Builder To Contributor LLC and I primarily do financial consulting with families. My main service is teaching Velocity Banking & Infinite Banking to help people pay off bad debt extremely fast, build credit, increase cash flow, and build wealth in a short period of time. My ideal customer is a mom looking to regain her authority and become a master over her finances. Doing this I currently make over $20k a month.

how-i-started-a-20k-month-business-offering-financial-consulting-services

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Denzel Rodriguez, on starting Builder To Contributor LLC ($20,000/month) full story ➜

Check out all of our financial advisor business case studies ➜

Examples of a successful financial advisor business:

Here are some great videos on how to get started with a financial advisor business:

For further info, check out these books and products:

2. Start a finance blog ($404K/year)

And for some real world inspiration, give Michelle Schroeder-Gardner's story on creating Making Sense of Cents a read:

Hello! My name is Michelle Schroeder-Gardner, and I run Making Sense of Cents, a personal finance and lifestyle website that helps readers earn more, save more, and live more.

I earn around $100,000 a month from Making Sense of Cents and have made over $5,000,000 from it over the years. Much of it is profit, as my expenses are extremely low. I am the only full-time employee of my business, but I do outsource some work. I have a virtual assistant, an editor, and a technical manager.

how-i-started-a-100k-month-blog-about-personal-finance

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Michelle Schroeder-Gardner, on starting Making Sense of Cents ($100,000/month) full story ➜

Check out all of our finance blog case studies ➜

Examples of a successful finance blog:

Here are some great videos on how to get started with a finance blog:

For further info, check out these books and products:

3. Start a credit card comparison website

And for some real world inspiration, give Kwok Zhong Li's story on creating Finty a read:

I am Zhong Li, Co-founder of Finty, Singapore’s first rewards-based financial marketplace that focused on credit cards and personal loans. Our direction is to make financial decisions simple, enjoyable, and rewards-driven. It’s the first financial marketplace in Singapore to offer cash rewards (Finty rewards) based on a revenue-sharing model.

In Jul 2018, Finty was acquired by Australia financial comparison leader, Credit Card Compare (CCC) for a seven-figure sum, 15 months after the company was launched.

Left to right: David Boyd (CCC), Kwok Zhong Li (Finty), Andrew Boyd (CCC)

how-our-financial-products-company-got-acquired-after-only-15-months

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Kwok Zhong Li, on starting Finty ($0/month) full story ➜

Check out all of our credit card comparison website case studies ➜

Examples of a successful credit card comparison website:

Here are some great videos on how to get started with a credit card comparison website:

For further info, check out these books and products:

4. Start an online courses business ($1.46M/year)

And for some real world inspiration, give Rasmus & Christian Mikkelsen (or Mikkelsen Twins)'s story on creating Mikkelsen Twins a read:

We are Christian and Rasmus Mikkelsen, also known as the Mikkelsen Twins online. We run an online education company where we help people to build an online book publishing business. The reason why we teach what seems like a random/kinda weird online business model is because it’s what changed our lives almost 3 years ago and freed us from the life path we were heading down (were in the middle of a business degree in community college and there was absolutely no hope for a truly happy and fulfilled life if we had continued to take that path in life).

Fast forward to today, our company is making over 6-figures in profit every month which is almost unbelievable for two 24-year-old (ambitious) idiots with just a laptop, wifi connection and a small team.

how-we-launched-a-120k-month-audiobook-publishing-course

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Rasmus & Christian Mikkelsen (or Mikkelsen Twins), on starting Mikkelsen Twins ($120,000/month) full story ➜

Check out all of our online courses business case studies ➜

Examples of a successful online courses business:

Here are some great videos on how to get started with a online courses business:

For further info, check out these books and products:

5. Start a bookkeeping service ($96K/year)

And for some real world inspiration, give Yarty's story on creating A4E a read:

Hi! 👋

It’s been an incredibly hard journey that’s come with many challenges, including leaving behind a comfortable salary with benefits. But it’s also been undeniably one of the most rewarding experiences for the both of us as it’s given us so much more time to spend with our family. And that means more to us than anything.

Here’s us below with our son and Chief Happiness Officer 🙂

how-we-started-a-8k-month-bookkeeping-tax-and-cfo-service

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Yarty, on starting A4E ($8,000/month) full story ➜

Check out all of our bookkeeping service case studies ➜

Examples of a successful bookkeeping service:

Here are some great videos on how to get started with a bookkeeping service:

For further info, check out these books and products:

6. Start a business brokerage company

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Examples of a successful business brokerage company:

Here are some great videos on how to get started with a business brokerage company:

For further info, check out these books and products:

7. Become a stock day trader ($1.92M/year)

And for some real world inspiration, give Jerremy Alexander Newsome's story on creating Real Life Trading a read:

My Name is Jerremy Alexander Newsome and I started a business called Real Life Trading, where our mission is to enrich lives. We achieve this on a global scale through stock market mentorship.

Real Life Trading has expanded to different countries including Real Life Trading Australia, Real Life Trading Denmark, and Real Life Trading UK. We have generated over 4 million in revenue and enriched tens of thousands of lives. Through our Real Life Foundation, we are donating hundreds of thousands of dollars a year to fantastic causes and will provide our content and education to foster centers and prison inmates.

how-i-created-a-160k-month-trading-courses-business

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Jerremy Alexander Newsome, on starting Real Life Trading ($160,000/month) full story ➜

Check out all of our stock day trader case studies ➜

Examples of a successful stock day trader:

Here are some great videos on how to get started with a stock day trader:

For further info, check out these books and products:

8. Become an expense reduction analyst

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Examples of a successful expense reduction analyst:

Here are some great videos on how to get started with a expense reduction analyst:

For further info, check out these books and products:

9. Become a commodities day trader

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Examples of a successful commodities day trader:

Here are some great videos on how to get started with a commodities day trader:

For further info, check out these books and products:

10. Start a money lending company ($2.16M/year)

And for some real world inspiration, give Michael Mikhail's story on creating Stratton Equities a read:

My name is Michael Mikhail and I’m the Founder and CEO of Stratton Equities, the nation’s leading hard money and NON-QM (non-qualified mortgage) lender to national real estate investors, with the largest variety of mortgage loans and programs nationwide. We specialize in unique private money loan programs with the lowest rates in the industry and work directly with Real Estate Investors, Mortgage Brokers, and Realtors.

In 2017, I noticed how the mortgage industry had transformed after the regulations presented from 2008-2012, and knew it was time to set out something on my own - I literally started Stratton Equities with the last $1000 that I had and within the first six months, we grew to $1M. To date, we have grossed over $3M.

how-i-started-a-300k-month-money-lending-company

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Michael Mikhail, on starting Stratton Equities ($300,000/month) full story ➜

Check out all of our money lending company case studies ➜

Examples of a successful money lending company:

Here are some great videos on how to get started with a money lending company:

For further info, check out these books and products:

11. Start a tax service business ($216K/year)

And for some real world inspiration, give Yvette Sadovoy's story on creating Savvy and Suite Ltd a read:

Yvette Sadovoy here, founder of Savvy and Suite, a bespoke tax and accounting firm. In reality, though, it’s so much more. Savvy and Suite is a honeypot for successful and money-minded individuals.

This lifestyle is possible through intelligent and diligent accounting and it is our main mission to help you live it.

how-i-started-a-7-5k-month-tailored-tax-services-business

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Yvette Sadovoy, on starting Savvy and Suite Ltd (/month) full story ➜

Check out all of our tax service business case studies ➜

Examples of a successful tax service business:

Here are some great videos on how to get started with a tax service business:

For further info, check out these books and products:

12. Start a real estate appraisal service

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Examples of a successful real estate appraisal service:

Here are some great videos on how to get started with a real estate appraisal service:

For further info, check out these books and products:

13. Start an auditing firm

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Examples of a successful auditing firm:

Here are some great videos on how to get started with a auditing firm:

For further info, check out these books and products:

14. Start an accounting software business ($480K/year)

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Examples of a successful accounting software business:

Here are some great videos on how to get started with a accounting software business:

For further info, check out these books and products:

15. Start a finance related e-book

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Examples of a successful finance related e-book:

Here are some great videos on how to get started with a finance related e-book:

For further info, check out these books and products:

16. Start a debt reduction service

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Examples of a successful debt reduction service:

Here are some great videos on how to get started with a debt reduction service:

For further info, check out these books and products:

17. Start a niche investment platform ($2.14M/year)

And for some real world inspiration, give Justin Cooke's story on creating Empire Flippers a read:

My name is Gregory Elfrink and I’m the director of marketing with Empire Flippers. We’re a three-time winner of the INC 5,000 award for being one of the fastest growing companies in America and we help people buy and sell online businesses.

We have brokered over $50 million worth of deals, and since we’re a big believer in transparency we also created a scoreboard that details most of our stats - from the hundreds of thousands of website visitors we get to our pool of potential buyers that grow by the hundreds every month.

empire-flippers-20m-year-helping-people-buy-and-sell-websites

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Justin Cooke, on starting Empire Flippers ($349,983/month) full story ➜

Check out all of our niche investment platform case studies ➜

Examples of a successful niche investment platform:

Here are some great videos on how to get started with a niche investment platform:

For further info, check out these books and products:

18. Start a real estate investment club ($7.2M/year)

And for some real world inspiration, give Greg Salley's story on creating Equity Residences a read:

My name is Greg Salley, I’m a founder and Managing Director of Equity Residences.

We currently have over 200 investors and $40 million under management.

how-we-started-a-40m-real-estate-investment-fund

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Greg Salley, on starting Equity Residences ($600,000/month) full story ➜

Check out all of our real estate investment club case studies ➜

Examples of a successful real estate investment club:

Here are some great videos on how to get started with a real estate investment club:

For further info, check out these books and products:

19. Start an online community ($9K/year)

And for some real world inspiration, give Jochem Gerritsen's story on creating Enter Network a read:

Hey! My name is Jochem Gerritsen and I’m the founder of Enter Network — the online community for European Early-Stage Entrepreneurs.

I started Enter Network back in 2018, but only launched the membership model this year (on 9 November 2020, to be precise). Currently, the revenue is around $1,500 MRR. This comes from founders who are regular members of our community or take part in an online mastermind group.

how-i-created-a-1-5k-month-online-community-for-early-stage-entrepreneurs

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Jochem Gerritsen, on starting Enter Network ($1,500/month) full story ➜

Check out all of our online community case studies ➜

Examples of a successful online community:

Here are some great videos on how to get started with a online community:

For further info, check out these books and products:

20. Start a budget consultant business ($84K/year)

And for some real world inspiration, give Steffa Mantilla's story on creating Money Tamer a read:

Hi, I’m Steffa Mantilla! I’m a Certified Financial Education Instructor (CFEI) and the founder of Money Tamer, a personal finance blog.

Even though I’ve been building this business from home part-time, I’m already earning $7,000/month gross income.

how-i-transitioned-from-vocational-zookeeper-to-starting-a-7k-month-blog-about-personal-finance-and-budgeting

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Steffa Mantilla, on starting Money Tamer ($7,000/month) full story ➜

Check out all of our budget consultant business case studies ➜

Examples of a successful budget consultant business:

Here are some great videos on how to get started with a budget consultant business:

For further info, check out these books and products:

21. Start a credit repair business

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Examples of a successful credit repair business:

Here are some great videos on how to get started with a credit repair business:

For further info, check out these books and products:

22. Start a finance podcast

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Examples of a successful finance podcast:

Here are some great videos on how to get started with a finance podcast:

For further info, check out these books and products:

Pat Walls,  Founder of Starter Story

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