73 Futuristic Business Ideas You Can Start Today [2024]

Updated: July 24th, 2023

Thousands of entrepreneurs launch their businesses every year, but only a few take a futuristic approach. Those who fail to take a futuristic approach, risk closing down in the next few years.

Are you interested in starting futuristic business ideas?

If you are looking for a futuristic business, you have come to the right page. This post features futuristic business ideas for 2024 and beyond.

We'll show real-world examples of other futuristic business ideas from entrepreneurs we interviewed to help you see what it takes.

Here's the full list:

1. Start a NFT marketplace

An NFT marketplace is an online site for crypto-collectibles and non-fungible tokens where traders can buy-sell and discover exclusive digital items.

Launching an NFT marketplace requires setting up a blockchain network, integrating a chosen digital wallet, and creating smart contracts. Finally, you need to build a customer-facing web application.

Experts estimate that NFT marketplaces will continue experiencing a YoY growth of 30.72%.

Therefore, NFTs are becoming some of the most profitable blockchain-based experiments.

How much you can make: $30,000/month

How long does it take to build: 60 days (?)

How We Accidentally Built The Most Advanced NFT System In The World

RMRK developed the most advanced NFT system in the world, generating $1 million per month in volume and $30k per month in revenue, due to founder Bruno's hack to put NFTs onto a chain without smart contracts.

About
Bruno started RMRK about 3 years ago
Revenue
Bruno grew the business to $30K/month
Costs
It cost Bruno $350000 to start the business
Read by 9,849 founders

2. Start a crowdfunding platform

Raising money for your project can be difficult. Crowdfunding is one way to get funding through a large number of smaller investments. If you have some expertise in a particular area that may be useful to other people, there's no better time to take action. The crowdfunding revolution is happening right at your fingertips.

Crowdfunding has exploded over the past year, and you need to be a part of it. The Worldwide crowdfunding market share is expected to increase by $240B from 2021 to 2026. Crowdfunding is one of the quickest ways to get funding and build your brand.

How much you can make: $5,000 — $400,000/month

How long does it take to build: 272 days (?)

How We Built And Launched A $100M Equity Crowdfunding Platform

StartEngine has helped over 265 companies raise capital from a community of 190,000 users on their equity crowdfunding platform, and has raised almost $100M to date, offering equity, debt, convertible note, and other types of securities to investors.

About
Howard started Kosmos Innovation Centre over 11 years ago
Revenue
Howard grew the business to $400K/month
Read by 8,407 founders

3. Start a subscription box business

Subscription box businesses offer customers a niche set of products on a monthly basis.

They're in high demand as they add value to customer service, offer exclusive products and can be highly profitable.

To start a subscription box business, understand your niche market, provide quality products, perfect your box design, build a good relationship with fulfillment companies, and market your service.

How much you can make: $400 — $16,666,667/month

How much does it cost to start: $210 (?)

How long does it take to build: 180 days (?)

How I Started A Gift Box Business For Non Traditional Brides

Vowed Box Co. is a line of curated, quirky gift boxes with non-traditional brides in mind, offering four different products that have helped the business become profitable most months since its launch in 2018, with a monthly income of roughly $600.

About
Lindsay started Vowed Box Co. over 6 years ago
Revenue
Lindsay grew the business to $400/month
Read by 30,196 founders

4. Create a NFT

An NFT is a Non-Fungible Token - that means that each token is unique and can't be replaced by another token.

NFTs are a new way to create digital assets that are limited in quantity. Every time someone buys the NFT, they get the ability to use it in their game or app and they also get a share of the profits from any future sale of this asset.

Want to create your own? The three best tools for creating NFTs are Scryfall, NFT.club, and CryptoKitties.

How much you can make: $30,000 — $110,000/month

Blake Jamieson on Using His Marketing Expertise to Jumpstart His Art Career

Brooklyn-based pop artist Blake Jamieson earned a cool $46,000 in just six weeks by selling NFTs of his reimagined Topps baseball cards, and has used his newfound success to reinvest in his community and support other artists.

About
They started Blake.Art over 4 years ago
Revenue
They grew the business to $30K/month
Read by 964 founders

5. Create a digital wallet app

A digital wallet is a financial transaction application that runs on mobile devices. In today’s digital era, people demand the freedom to purchase anything and be able to pay from their digital wallets.

With technological advancement, making digital payments has become easier than ever before. Anyone can use mobile payment platforms to pay and accept payments online. Therefore, creating a digital payments wallet can be a great business opportunity.

To create a digital wallet, conduct extensive market research and create a business plan. It would help if you could hire competent programmers to create a secure payment gateway.

How much you can make: $220,000 — $1,500,000/month

How long does it take to build: 400 days (?)

How We Launched A $1.5MM/Month Digital Wallet and Financial Services Company

iCard is a leading e-money institution that offers a unique and 100% digital bank account alternative, with their app and services supporting the daily payments of people in over 30 European countries, and since launch in late 2017, the iCard app has seen around 500,000 downloads.

About
Yavor started iCard about 16 years ago
Revenue
Yavor grew the business to $1.5M/month
Read by 10,294 founders

6. Start an IoT startup

An IoT startup focuses on devices connected to the internet that can be accessed remotely through the internet or a connected application.

Research what is essential to the end users to start and build a successful IoT. Leverage what is available to make the application easy to use. Then, create working prototypes, test, and build the application around the clear essential purpose.

How much you can make: $500 — $2,300,000/month

How long does it take to build: 505 days (?)

How I Invented The Ultimate Flying Gadget And Landed Massive Press

Craig Rabin invented The Airhook, a two-in-one beverage holder and electronics device holder that attaches to a closed tray table, and successfully launched it through a crowdfunding campaign that raised $15,000 from 750 backers, and went on to ship to every U.S. state and 73 countries, win Travel Product of the Year in 2019, and being featured in over 100 publications.

About
Craig started The Airhook over 9 years ago
Revenue
Craig grew the business to $8K/month
Read by 18,150 founders

7. Start a food truck

Food trucks are a highly profitable business that offers customers a variety of meal options out of a mobile truck. This basically operates inside a large vehicle equipped with kitchen and food products. Starting a food truck is a dream for many people, but it's more challenging than it looks. To make it work, you need the ideal location and menu.

To start a food truck business in a particular city, it is mandatory to check what kind of food trucks are already operating, identify a gap, and bring in some new experiences. Then, with the right plan and the right approach, you can be on your way to starting your own food truck empire.

How much you can make: $29,166 — $61,650,000/month

How long does it take to build: 75 days (?)

Time commitment per week: Min. 5 hours/week

How I Took Food Trucks Corporate And Built A $18M Business

Food Fleet grew over 160% in just one year and managed over 20 million in sales for its clients, securing multiple contracts with the likes of Sodexo, Levy Restaurants and more, due to its understanding of catering client needs and its advanced turnkey and design services.

About
Jeffrey started Food Fleet over 12 years ago
Revenue
Jeffrey grew the business to $1.5M/month
Read by 14,690 founders

8. Start an in-home senior care service

In-home senior care services allow senior clients to live their everyday life in the comfort of their own homes.

Experienced caregivers typically customize their services based on their client’s needs - which is why seniors and families prefer this type of service, even if it costs more than a typical nursing home.

There are several different types of home care you can offer, a few being:

  • Personal care services: This type of service helps clients with everyday necessities, such as grooming, bathing, dressing, and overall hygiene
  • Nurse-directed care: This type of care refers to caretakers managing medication, wounds, and the overall health and well-being of the client
  • Meal & Food Prep: This type of care helps prepare nutritious meals and go grocery shopping
  • Transportation: Rides to the library, salon, grocery store, doctor’s office, etc.

The price you can charge depends on where you live and your experience, but this ranges anywhere from $18/hour-$40/hour.

The significant part about starting an in-home senior care business is that you do not need formal education or medical training. You can build a successful home senior care business if you have the necessary skills to do this job.

How much you can make: $250,000/month

How long does it take to build: 150 days (?)

How I Started A $250K/Month A Home Care And Nursing Service Provider

The CareSide scaled to $5 million in revenue over 3 years by utilizing a data-driven approach to sales and marketing, with a focus on Google Adwords and Facebook ads, and implementing extensive automation into back end systems.

About
Gareth started The CareSide over 6 years ago
Revenue
Gareth grew the business to $250K/month
Costs
It cost Gareth $200000 to start the business
Read by 15,356 founders

9. Start a niche web design business

Niche web design business focuses on a specialized market such as law, home improvement, videography, fashion, etc. typically, when a web designer niches down their services, they are simply choosing to concentrate on one industry and create websites for businesses within the particular niche. To become a niche web designer, consider honing the following skills and personal qualities:

  • Visual design, HTML, CSS, JavaScript
  • Strong communication skills
  • Analytical thinking and problem-solving skills
  • Teamwork and research skills
  • Attention to detail

Narrowing your focus to a particular niche gives you a higher chance of becoming a recognized expert and places you in a better position to charge more for your services.

How much you can make: $200 — $200,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 40 days (?)

How I Left Silicon Valley And Started A $100K/Month Digital Agency

Never Settle, a digital agency with over 1,000 completed projects and a focus on lean methodology and building relationships with clients, has made a name for itself in the eCommerce space, offering comprehensive solutions to businesses of all sizes while maintaining consistent and moderate growth.

About
Kenn started Never Settle almost 12 years ago
Revenue
Kenn grew the business to $150K/month
Costs
It cost Kenn $5000 to start the business
Read by 6,521 founders

10. Start an outsourcing business

Outsourcing is when a business obtains a product or a service from an outsider provider rather than building it in-house. Small companies outsource so they have enough time to attend to critical functions like production.

Many businesses are looking to outsource their non-core activities. Therefore, starting an outsourcing business in 2024 has never been more lucrative.

Start your outsourcing business, identify a niche, and develop a well-researched and complete business plan. Then, invest in the necessary equipment and technology to enable you to deliver services to the customers.

Depending on the nature of your business, you may need staff to help you with service delivery. Finally, when your business is up and running, start marketing and focus on delivering superior service to attract repeat customers.

How much you can make: $50,000 — $1,399,996/month

How long does it take to build: 140 days (?)

How I Started A $9M/Year Company Outsourcing Support For Startups

This case study follows the founder of SupportNinja, a company that specializes in providing back-office and customer support outsourcing for tech companies, which generates over $9M ARR, has over 100 clients, and has seen a growth rate of 3,684% in the past 3 years.

About
Cody started SupportNinja about 9 years ago
Revenue
Cody grew the business to $1.4M/month
Costs
It cost Cody $400000 to start the business
Read by 9,990 founders

11. Become a social media consultant

Social media has become popular due to its ability to link businesses to their target customers. Social media consultants are professionals who help their clients improve, optimize and grow their social media presence.
Becoming a social media consultant comes with work flexibility and higher earning potential, but it also takes time and work commitment to grow the business.

To become a social media consultant, you must first become adept at using social media platforms and industry tools. Take online or offline courses like content marketing, public relations, and communication skills. Social media experts can choose a general practice or opt to focus on a niche.

How much you can make: $100 — $990,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 30 days (?)

How I Bootstrapped A Social Media Automation Tool To $2MM/Year

MeetEdgar, a bootstrapped social media automation tool founded in 2014 by Laura Roeder, has grown to $4 million in annual recurring revenue and more than 5,000 customers, with a team size of two dozen, achieved through content marketing, social media marketing, and organic search.

About
Chris started MeetEdgar over 10 years ago
Revenue
Chris grew the business to $333K/month
Read by 14,321 founders

12. Start a SEO agency

An SEO agency is a company that provides search engine optimization services to businesses. The function of an SEO agency is to help businesses rank higher in search engines through organic or paid means.

SEO is a rapidly growing industry, with experts across all aspects of the field already making six-figure incomes and expecting to see these earnings grow dramatically over the next few years. Getting into SEO today, before it gets too saturated, will allow you to establish a strong base in a new career, with an excellent chance for success.

It’s easier than ever to start your SEO agency. The tools are there, and the competition isn’t as stiff as it used to be. If you’re considering starting an SEO or digital marketing agency, it might be a good idea to learn how other digital agencies succeed.

How much you can make: $1,000 — $1,800,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

How I Started An SEO Agency For Lawyers Generating $3.6M/Year

Rankings.io is a hyper-focused SEO agency that helps elite personal injury law firms dominate first page rankings and was ranked #858 in the Inc. 5000 list of the fastest-growing companies in America for 2018, with a current revenue just under $300,000 per month, with plans for a record-breaking year.

About
Chris started Rankings.io about 11 years ago
Revenue
Chris grew the business to $700K/month
Read by 37,079 founders

13. Start a mobile app development business

Mobile app development is the process of creating software applications that run on mobile devices. These apps can be used for a variety of purposes, including games, productivity, and social networking.

Starting a mobile app development business is a great way to enter the world of software development. This type of company is growing in popularity as businesses are looking for ways to reach their customers through mobile apps.

To start a mobile app development company, you need to have strong technical skills and be able to develop high-quality software. You should also have a good understanding of how to market and sell mobile apps

How much you can make: $7,500 — $2,333,333/month

How much does it cost to start: $7,500 (?)

How long does it take to build: 120 days (?)

How We Started A $82K/Month Custom iOS And Android Apps Development Agency

"We started a custom iOS and Android app development consultancy that now makes nearly seven-figures a year by landing clients like Great Clips and the USA CUP after building successful concept apps."

About
Rob started The Jed Mahonis Group about 12 years ago
Revenue
Rob grew the business to $80K/month
Costs
It cost Rob $500 to start the business
Read by 10,332 founders

14. Create an online course

An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.

As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.

With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.

For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.

How much you can make: $350 — $3,735,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 90 days (?)

How This 28-Year-Old Couple Quit Their Jobs And Make $20K/Month Running A Blog

Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.

About
Kelan started The Savvy Couple almost 8 years ago
Revenue
Kelan grew the business to $20K/month
Costs
It cost Kelan $500 to start the business
Read by 27,612 founders

15. Start an AI-based chatbot

An AI-based chatbot is an automated program that helps add convenience for customers by simulating a natural human conversation. Chatbots interpret and process users’ words or phrases and gives an instant pre-set answer.

In today's competitive environment, businesses digitize and automate to become more efficient. Therefore, the demand for AI-based applications is high than ever before.

Therefore, starting an AI-Chatbots building application can be profitable.

How much you can make: $7,000 — $150,000/month

How long does it take to build: 120 days (?)

How We Developed A $2M/Year AI Chatbot Platform

Enterprise Bot CEO Pranay Jain discusses how he grew his AI chatbot platform to reach over $2 million in annual revenue, with plans to double that this year, and shares advice for aspiring founders on keeping a positive attitude and never stop learning.

About
Pranay started Enterprise Bot over 7 years ago
Revenue
Pranay grew the business to $150K/month
Costs
It cost Pranay $100000 to start the business
Read by 6,288 founders

16. Become a virtual assistant

Virtual assistants support businesses, teams, or individuals by performing administrative tasks remotely. As businesses these days tend to outsource their tasks, the demand for virtual assistants is growing rapidly.

Becoming a virtual assistant is flexible, as you can choose a work schedule and location at your convenience. Many virtual assistants have a dedicated home office where they work in a quiet and distraction-free environment.

To become a virtual assistant, identify a niche you like and undertake any training. Then, figure out how much to charge your customers and create an online presence where you can apply for jobs. As a virtual assistant, you can define your work schedule depending on your availability.

How much you can make: $1,000 — $1,000,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

On Starting A Business Training Virtual Assistants

Filipino Virtual Assistance by FVA Business Consultancy, founded by Julmar Grace Locsin, offers online and offline training to empower marketers, enable businesses, and equip freelancers which has trained 25,000 students from their 31 courses, has 16 coaches assigned from different territories, and fifteen in the FVA team for global digital leadership that will impact the world through digitalization, one life at a time.

Revenue
Julmar grew the business to $1K/month
Costs
It cost Julmar $500 to start the business
Read by 7,748 founders

17. Start a dropshipping business

Dropshipping is a business model where you sell products to customers without holding inventory.

Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.

To start a dropshipping business on a budget, choose a niche or category of products you want to sell.

Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.

Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.

How much you can make: $6,000 — $3,000,000/month

How much does it cost to start: $6,000 (?)

How long does it take to build: 90 days (?)

Time commitment per week: Min. 10 hours/week

How I Started A $100K/Month Business Mentoring Dropshipping Entrepreneurs

Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.

About
Kamil started E-commerce Mentoring about 7 years ago
Revenue
Kamil grew the business to $100K/month
Costs
It cost Kamil $1000 to start the business
Read by 24,458 founders

18. Start an automated web browser business

Browser automation is performing web browser operations automatically to achieve speed and efficiency levels that would not be possible through human intervention. With websites getting more complex, developers are turning to web automation tools to speed up operations.

As demand for web automation continues growing, starting a web automation tool can be a profitable venture.

How much you can make: $50,000/month

How much does it cost to start: $50 (?)

How I Built An Automation Tool For Developers And Grew It To $28K/Month

One-person SaaS business browserless allows users to automate tasks with a web browser, generating about $28,000 in sales for the month of September, and gained traction through blogging and supporting customers one-on-one.

About
Joel started Browserless over 6 years ago
Revenue
Joel grew the business to $50K/month
Costs
It cost Joel $500 to start the business
Read by 7,830 founders

19. Start an affiliate marketing business

Are you looking for a side hustle to pay you a passive income? Affiliate marketing is one of those side hustles that will pay you well over the long term. It is a way to earn money online by promoting other companies' products and services. You will be paid a commission for each sale you make as an affiliate marketer.

To get started, learn how to find the right product and brand to partner with. For example, you may prefer becoming an affiliate marketer for an eCommerce store, partnering with a manufacturer, and marketing their products for a commission.

How much you can make: $500 — $773,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 60 days (?)

My Affiliate Marketing Business Earns $500K/Year Profit [No Employees]

This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.

About
Spencer started Buildapreneur over 6 years ago
Revenue
Spencer grew the business to $80K/month
Read by 23,029 founders

20. Start an artificial intelligence business

The global artificial intelligence market size is estimated to grow by approximately 54% YoY, reaching over 22 billion U.S. Dollars in the next few years.

Therefore, starting an AI-related business today can be a lucrative business opportunity. Are you wondering which AI business ideas you can start in 2024?

Here is a full list of top artificial intelligence business ideas you can start today.

How much you can make: $400 — $1,170,000/month

How long does it take to build: 30 days (?)

How We Started Our $100K/Month Medical Artificial Intelligence Software Company

AdviNOW Medical uses artificial intelligence to automate clerical work, resulting in doctors being able to focus solely on patients and patients seeing more doctors every day, leading to increased profitability while solving healthcare issues.

About
James started AdviNow Medical almost 8 years ago
Revenue
James grew the business to $200K/month
Costs
It cost James $15000000 to start the business
Read by 8,517 founders

21. Start a co-working space rental business

The co-working spaces are becoming essential in the post-pandemic world. Experts estimate five million people will occupy coworking spaces in the next few years. The projections are based not only on the growth the coworking industry has experienced over the past few years but also on the sharp increase in the number of startups coming up each year.

Therefore, creating your coworking space business will become a lucrative opportunity. To create a coworking space, do proper market research to ensure you have the demand for a co-work space in your target area.

Then, focus on finding an ideal location to attract the maximum number of customers.

How much you can make: $4,000 — $300,000/month

How long does it take to build: 90 days (?)

I Created An Airbnb For Startups In NYC & Make $3.6M/Year

The founder of The Farm Soho, one of the earliest New York City co-working spaces, shares how he built his affordable workspace model for solopreneurs and startups, as well as discussing his tips for attracting and retaining customers while navigating the challenges of running a business.

About
Lucas started The Farm Soho almost 10 years ago
Revenue
Lucas grew the business to $300K/month
Read by 3,971 founders

22. Start a consultancy business

According to the US bureau of labor, the demand for business consultants will increase by 11% in the next few years. Business consultants are professionals who help companies achieve their goals or to streamline business operations in a particular business area.

Companies need consultants and management professionals to assist them in IT, finance, marketing, supply chain management, HR, Operations, Engineering, and security matters. If you enjoy providing entrepreneurs professional advice, consider starting a business consultancy career.

To become a business consultant, decide which areas you want your focus to be. Then, earn a bachelor's degree in your area of interest. Then, join industry groups to practice and gain essential skills.

How much you can make: $10,000 — $100,000/month

How much does it cost to start: $3,250 (?)

How long does it take to build: 60 days (?)

How I Started A $10K/Month Financial Planning And Investment Management Company

Third Eye Advisors is a boutique Registered Investment Advisor (RIA) providing customized financial planning and investment solutions to millennial business owners, founded by Arthur Robertson with start-up costs of approximately $10,000 to $15,000, recouping those costs within three months of serving clients, while the team is currently expanding and looking for Financial Advisors to come on board in Q4 2020.

About
Arthur started Third Eye Advisors almost 5 years ago
Revenue
Arthur grew the business to $10K/month
Costs
It cost Arthur $13000 to start the business
Read by 6,450 founders

23. Start a content marketing business

Content marketing is developing and distributing relevant, helpful content to convert the target customer to take the necessary steps. Businesses with a content marketing strategy get 67% more leads than other companies.

Therefore, the demand for content marketing services is high than ever before. Starting a content marketing service can be a significant business venture.

To start a content marketing business, you need a good understanding of SEO and social media. You can hire content creators to help you develop relevant and valuable content.

How much you can make: $2,000 — $416,666/month

How much does it cost to start: $750 (?)

How long does it take to build: 60 days (?)

How I Started A $80K/Month Content Writing Business

How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.

About
David started Article-Writing Co about 13 years ago
Revenue
David grew the business to $125K/month
Read by 23,861 founders

24. Start a 3d printing kiosk

The growing demand for prototyping applications from various industries, including healthcare, automotive, aerospace, etc., has contributed immensely to the success of 3D printing businesses.

The 3D printing market offers different niches in which you can develop your business. To start a 3D printing business, decide which market to target and the type of printer you will need for the business.

25. Start a wellness and natural health business

Have you been toying with the idea of starting a business in the medical sector? How about the wellness and natural health business?

With an approximately 6.4% YoY growth rate, the health and wellness industry is one of the best business ideas you will think of starting today. Health and wellness professionals include health coaches, personal trainers, and even yoga teachers.

If you plan to start a health and wellness business in 2024, find your area of focus, and determine the kind of service or product you will provide. Research the market and find an ideal location.

You may choose the eCommerce or hybrid model, where you have a physical office and online consultation.

How much you can make: $25,500 — $200,000/month

How long does it take to build: 180 days (?)

I Created A $2.7M/Year Software That Extends People's Lives By Analyzing Their DNA

Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.

About
Joe started SelfDecode almost 7 years ago
Revenue
Joe grew the business to $200K/month
Costs
It cost Joe $500000 to start the business
Read by 5,559 founders

26. Start a kids friendly apps business

According to experts, 53% of 3-4 years old kids use mobile phones to play games or watch videos. In addition, 79% of 5 to 7 years old kids and 99% of 12 to 15 years use phones for multiple purposes.

Starting a kids-friendly apps business can be lucrative, with kids getting more addicted to using phones.

Are you a qualified app developer? You can start focusing on the development of kids-friendly apps. Alternatively, you can hire an experienced programmer to help you with the app development tasks as you concentrate on marketing.

27. Start an electric car charging station

As EVs become more prevalent on the road, we expect the demand for charging stations to increase. You may be interested in setting up electric vehicle charging stations at shopping malls, residential areas, and commercial centers.

The EV charging business is typically a low capital and operational cost business. The EV charging stations also require fewer human resources, and you can manage them with less intervention.

If starting the EV charging station business, choose convenient locations and a variety of chargers to suit the motorist’s needs.

How long does it take to build: 365 days (?)

28. Start a privacy protection firm business

Privacy protection service helps clients hide their personal information from public view. Data privacy protection has become a top concern for executives globally. A single stroke of bad luck can create a major data security breach and cause a huge financial loss to a company.

Therefore, executives hire professional data privacy protection agencies to help them keep their data secure. Are you an information security expert? You can start a data privacy protection firm and help companies secure their data.

29. Start a vertical farming business

Vertical farming entails stacking farms vertically. Modern farming technology has enabled small land to be utilized for more production. As more people embrace organic farming, creativity is needed to enable the masses to utilize the limited farming land and maximize productivity.

Therefore, people have turned to vertical farming. According to experts, the vertical farming market will reach over $24 Billion in the next few years, registering a CAGR of 22.9 percent.

Setting up a vertical farm requires skills, technology, and equipment. Therefore, there is a business opportunity for those with the relevant skills, technological know-how, and equipment. Starting a vertical farming business can be a lucrative venture.

30. Start a freelance marketplace business

A freelancing marketplace is a platform that helps companies find and hire independent professionals for temporary jobs or special projects. How freelancing platforms work is simple.

When a client posts a job on the freelancing platform, interested freelancers will send proposals requesting the client's consideration for the task. The client will hire a favorite candidate and create a contract, which includes funding the escrow account so that all parties feel secure.

Upon completion of the task, the freelancer submits to the client via the freelancing platform and requests payment release by the client. Once the client is satisfied, the next step is the release of escrowed funds to the freelancers.

At this point, the contract may remain open, or both parties can decide to close the contract.

The corporate world has changed more in the past few years. Today's generation of workers prefer working remotely, and most have given up the idea of a full-time job in a corporate office. According to experts, more than 50% of the US workforce will shift to freelancing in the next few years. Therefore, freelancing platforms like Upwork will register more users over the coming years.

As the freelancing economy continues growing, we must keep our fingers on the pulse of this current trend.

Are you looking for a futuristic business idea you can embrace today? How about starting a freelancer marketplace? Building a freelancer marketplace is not as difficult as it may seem.

To start, choose a business niche and decide on the marketplace business model. Then, come up with a list of requirements, and create a visual identity and user interface for your freelance marketplace. As soon as the graphic design is at hand and your product is in action, begin the rapid prototyping process. Finally, test and launch the platform.

How much you can make: $100 — $200,001/month

How much does it cost to start: $4,000 (?)

How long does it take to build: 90 days (?)

How I Started A $80K/Month Business Connecting Freelancers With Companies

Flexiple is a customer-funded profitable business, generating $80K in gross monthly revenues on an average over the last 6-months, driven by their focus on connecting high-quality freelancers with companies looking for reliable and remote talent, while continuously iterating on their business model and expanding into complementary areas like tech hiring and content marketing.

About
Suvansh started Flexiple over 7 years ago
Revenue
Suvansh grew the business to $100K/month
Read by 15,825 founders

31. Become a retirement & personal finance consultant

As individuals are retiring earlier and more often than ever, there is an increasing demand for these types of services. A retirement consulting business can tap into a growing market of individuals seeking professional guidance for their post-work years.

A retirement consultant specializes in helping individuals plan for a secure and fulfilling retirement.

They assess clients' financial situations, recommend strategies for savings and investments, and guide them on how to achieve a comfortable retirement lifestyle.

How much you can make: $100,000/month

How long does it take to build: 360 days (?)

HOW DEACON HAYES BUILT A BLOG TO OVER A MILLION VISITORS AND $100,000 A MONTH

This case study showcases the success of a personal finance expert who has grown his business to make over $100,000 in revenue per month while helping individuals with financial assistance.

About
Deacon started Well Kept Wallet almost 12 years ago
Revenue
Deacon grew the business to $100K/month
Read by 782 founders

32. Start a management consulting business

Management consulting helps organizations improve performance by developing strategies to solve issues, create value, and maximize growth. A management consultant deploys his skills in providing objective advice and expertise to help organizations develop skills they may lack.

The management consultant is primarily concerned with the company's strategy, structure, management, and operations.

The role of a management consultant is to review operations and identify options for the organization and suggest recommendations for change, as well as advise on additional resources. Management consulting offers the flexibility of working as a full-time employee, a self-employed professional, or a contractual consultant.

To become a management consultant, complete a relevant degree program and work as an intern to gain experience so you can discharge your duties confidently.

How much you can make: $8,696 — $433,000/month

How long does it take to build: 42 days (?)

How I Use Linkedin To Grow My $18K/Month Outbound Growth Services Business

BizzBee Solutions, a LinkedIn and email outreach specialist, grew from 2 to 20+ employees in just 12 months, serving 400+ clients globally, after switching from being generalists to specialists in outreach for high-ticket service providers, agencies, software development companies, and consultants.

About
Dancho started BizzBee Solutions over 9 years ago
Revenue
Dancho grew the business to $26K/month
Costs
It cost Dancho $4250 to start the business
Read by 5,070 founders

33. Start a hr solution business

HR solutions refer to a set of functional tools that automate human resource management. Businesses refer to HR experts to help them streamline tedious but essential HR processes and make managing employees throughout their careers easier.

Are you interested in starting an HR solutions business?

You can offer different HR solutions depending on your areas of interest. Here are some exciting human resource business ideas you may consider.

How much you can make: $3,375 — $1,816,666/month

How long does it take to build: 90 days (?)

This VC Taught Himself How To Code And Is Bootstrapping His Own Startup

VC-turned-entrepreneur Phil Strazzulla, who previously built a successful b2b SaaS business, shares how he bootstrapped an online review site for HR software into a viable business with over $1k monthly revenues in just 3 months through organic search traffic growth and selling high intent leads.

About
Phil started SelectSoftware Reviews over 5 years ago
Revenue
Phil grew the business to $3.38K/month
Costs
It cost Phil $50 to start the business
Read by 16,798 founders

34. Start a chatbot development business

Businesses use conversational AI chatbots to take customer engagement to the next level. Typically, chatbots deliver consistent responses to customers, which helps the business avoid issuing irrelevant or misguiding details to the customers.

As more people focus on using the internet in shopping, education, and research, businesses are deploying chatbots to provide 24/7/365 support to their customers.

For example, online shoppers interact with businesses through chatbots, while students can use chatbots to help with their studies and research.

Therefore, starting a chatbot development business can be a lucrative venture.

How much you can make: $7,500 — $2,700,000/month

How long does it take to build: 22 days (?)

How My AI Side Project Grew To $15K MRR In Just A Few Months

This case study article is about the founder of SiteGPT, an AI chatbot platform, who started the company as a side project and achieved $15k MRR in just 6 months, overcoming challenges such as building the first version of the product and finding product-market fit.

About
Bhanu started SiteGPT about 1 year ago
Revenue
Bhanu grew the business to $15K/month
Costs
It cost Bhanu $500 to start the business
Read by 6,284 founders

35. Start a website testing business

In today’s ever-changing and competitive world, the internet has become an integral component of our operations.

Most people search the internet for things they need, entertainment, and transactional purposes.

Therefore, more businesses seek to build websites and be present online and deliver services and solutions quickly and effectively. To achieve the goal, the businesses will test their websites often and fix any issues.

Therefore, starting a web testing service can be a great business venture.

How much you can make: $150,000/month

How long does it take to build: 150 days (?)

How I Bootstrapped A $1.8M/Year UX Research Software

PlaybookUX is a remote research platform that uses qualitative research to test and analyze digital assets with Fortune 500 firms and sole freelancers as customers, having achieved $1.8m in annual revenue with 1,100 customers and 100% YoY growth as a result of bootstrapping their business and keeping user feedback in focus.

About
Lindsey started PlaybookUX over 5 years ago
Revenue
Lindsey grew the business to $150K/month
Costs
It cost Lindsey $100000 to start the business
Read by 3,188 founders

36. Start an internet infrastructure business

Internet infrastructure is a collective term referring to all hardware and software systems that constitute essential components in internet operation. Common internet infrastructure includes routers, switches, hubs, bridges, gateways, load balancers, and servers.

The internet has become a critical component of every business we transact today. Its adoption is expected to continue multiplying. The new connections will require additional internet infrastructure, a trend that will create business opportunities.

Telecommunications companies have provided the infrastructure to allow data flow around the planet. Private entrepreneurs are also chipping in to help meet the demand for internet connectivity and deliver an excellent user experience.

Experts predict the network infrastructure segment will reach $191.8 billion. The largest subsegment will be the Service Provider Network Infrastructure. Therefore, starting an internet infrastructure company could be your next great business opportunity.

How much you can make: $150,000/month

How long does it take to build: 500 days (?)

On Building The Next Generation Communication And Energy Network Infrastructure

KelTech IoT founder Mark Kellett shares insights on building a next-generation energy and infrastructure company bridging the energy and telecoms gap by creating more efficient and sustainable solutions as network demands increase in the age of IoT, with projected revenues expected to be greater than $100M after 5 years.

About
Mark started KelTech IoT about 5 years ago
Revenue
Mark grew the business to $150K/month
Costs
It cost Mark $2000000 to start the business
Read by 2,317 founders

37. Start a personal protection equipment business

Personal protective equipment, often called “PPE,” refers to equipment worn to minimize exposure to hazards that cause serious workplace injuries and illnesses.

The equipment protects against workplace hazards that could result from contact with chemicals, radiological, physical, electrical, mechanical, and injuries and illnesses. PPEs include gloves, safety glasses, shoes, earplugs, muffs, hard hats, respirators, or coveralls.

According to UNICEF, the demand for quality PPEs remains high.

Therefore, starting a personal protection equipment business is an opportunity to build a profitable business. Your target customers could be healthcare, transport, and industrial sectors, as well as private persons concerned about their health and safety.

To start, research the market to identify supply gaps, and once you have decided on the niche, write a business plan and indicate a reliable supplier.

38. Start a drone delivery service

Drones support the logistics industry in different ways. For instance, delivery drones have the potential to bypass ground-based traffic congestion by lifting a share of ground transportation into the airspace. Besides, drones have made delivery possible in otherwise difficult-to-reach areas like ports, terminals, areas with floods, etc.

Delivery drones are applicable in many areas. Examples include:

  • Courier delivery
  • Medicine delivery
  • Hyperlocal delivery
  • Food delivery
  • On-demand local shipping

But before you invest in the drone courier delivery business, take time to learn the laws governing the industry and research out how other players are operating. Then launch and market your drone delivery business.

39. Start an esports team business

eSports describe the world of competitive, organized video gaming, where competitors from different leagues or teams face off in similar games.

According to statistics, there are approximately 200 million eSports enthusiasts globally. The audience size will continue to grow YoY to reach approximately 285 Million Esports enthusiasts in a few years.

The estimates illustrate Asia Pacific region leads in the number of eSports enthusiasts, accounting for over 57%. Therefore, starting an eSports team business can be a profitable venture.

Therefore, the massive growth of the eSports industry is inspiring entrepreneurs to start their own sports businesses or teams. If you are passionate about eSports, consider launching your own eSports team as a business can be a profitable venture. To start, conduct proper market research. Focus on analyzing your customers and their expectations, and speak to potential customers to confirm their interests. Then, compare competitors and prepare a SWOT analysis.

You may consider working with potential supporters or collaborators to increase the odds of success.

How much you can make: $300,000/month

How long does it take to build: 180 days (?)

We Offer Premium Services For E-Sports Arenas Worldwide [$3.6M/Year]

Esports management software company ggCircuit has doubled its revenue every year since inception and amassed $4 million in revenue in the past year alone, while offering services to over 700 customers globally and projecting double that in revenue over the next 12 months.

About
Zack started ggCircuit almost 10 years ago
Revenue
Zack grew the business to $300K/month
Costs
It cost Zack $50000 to start the business
Read by 3,008 founders

40. Start a video conferencing platform

A video conferencing platform allows two or more people to emulate a person-to-person meeting over the internet using real-time, multidirectional video and audio streaming. Estimates show that the global video conferencing market will grow to $14.58 billion in the next few years.

The market growth will result from integrating developed technologies such as artificial intelligence and cloud technology, which will drive market growth. Therefore, starting a video conferencing platform remains a viable business opportunity.

To build a video conferencing platform, determine your business vision by defining your target audience. Then, decide on a monetization model. Standard models include freemium, advertisements, and paid subscriptions. Define the MVP feature set and focus on building the platform.

Providing high video and audio quality will help your business stand out.

How much you can make: $897,000/month

How long does it take to build: 455 days (?)

Our Online Meetings Platform Skyrocketed During The Pandemic And Now Makes $10.8M/Year

ClickMeeting, a platform for webinars and online meetings, has grown to host over 2 million events with 30 million attendees and has been profitable since its launch in 2010, with a focus on reliability and quality customer service.

Revenue
Szymon grew the business to $897K/month
Read by 3,211 founders

Tech will be for sure one of the most important industries in the future. So why not read about the best tech startup and software business ideas?

41. Start a robotics company

The robotics industry is on the rise, a trend that, according to experts, is owing to its potential to increase economic growth and productivity. The high demand is owing to the strong need to automate labor need for more efficiency in product manufacturing, construction, and other sectors.

Besides, robots work in hazardous environments where human life is likely in danger, increasing productivity since they are wired to perform repetitive tasks for longer hours.

In that regard, the robotics businesses stand to benefit. Some sectors where we see robotics today include:

  • Healthcare
  • Homelife
  • Manufacturing
  • Logistics
  • Space exploration
  • Military
  • Entertainment
  • Travel

To start your robotics company, choose a niche and focus on building an interdisciplinary team with robotics engineers and software engineers from various specialties. You can use VC funding so you can finance your business.

Remember, robotics is still a tough business, so you should not expect everything to work from day 1.

42. Start an automated home cleaning robot business

A home cleaning robot is an autonomous robotic vacuum cleaner with a limited vacuum floor cleaning system that features sensors and automated drives with programmable controllers.

The use of robots in home cleaning is a trend that is gaining traction. Experts estimate that the global cleaning robot market will witness a CAGR of 14.6% in the next decade.

Ideally, homeowners prefer the cleaning robots because they save time, can be used for emergency cleaning, and reach all surfaces, including underneath furniture. Besides, robotic home cleaning has proven to be an invaluable tool for people with mobility issues and those who hate vacuuming floors.

43. Start a virtual reality business

Are you looking to start a virtual reality-based business but unsure what to create?

VR offers business owners new possibilities for showcasing products and services to their customers. The VR industry is snowballing, and experts estimate it will reach a CAGR of 19.0 % over the next few years.

The good news is that there are so many VR business ideas you can start and profit from in the multi-billion dollar industry. If you're looking to start your own VR-based business, here are low-capital options you can choose from.

How long does it take to build: 180 days (?)

44. Start a data crunching business

Data crunching refers to an automated analysis of a large amount of data originating from big data. Once the data is imported into a system, the data is sorted, structured, processed, and analyzed to help a machine reach informed decisions.

Data crunching experts enable companies to derive value from their data by enabling a deep analysis. The business can make informed decisions, and identify new opportunities, so their operations run more efficiently.

Examples of departments likely to benefit from data crunching include finance, marketing, media, entertainment, automobile, and the energy sectors.

For entrepreneurs looking to venture into the business of data crunching, there has never been a better time than the present. Startups and existing companies are hiring data crunching experts to help them understand their customers, so they can streamline operations accordingly.

You need data experts and high-quality hardware to start a data-crunching business.

45. Start a migration-as-a-service business

Legacy infrastructure is outdated and unreliable. To achieve the growth and agility of businesses, industries hire migration as service experts to deploy their cloud migration. The migration service involves upgrading the entire business operations to the cloud.

The migration as a Service company applies various automation tools, scripts, proven migration planning, sequencing, matured engagement models, and team structure to deliver a hassle-free experience throughout the business transformation phase.

Experts estimate that migration as a service industry will post a CAGR of over 24% in the next decade.

As businesses focus on cloud computing to enable rapid growth, starting a migration as a service can be profitable. Depending on the service type, the migration is bifurcated into managed and professional services.

How much does it cost to start: $5,000 (?)

How long does it take to build: 60 days (?)

46. Start a digital marketing business

Digital marketing businesses serve local and international companies to expand their reach and grow revenue. A top reason digital marketing is so exciting is that the field is constantly evolving and is easy to learn.

If you plan to start a digital marketing business, educate yourself and understand how digital marketing agencies work. Then, focus on building your digital skills and advancing your career through online digital marketing courses.

To stand out, find a digital marketing niche and focus on the audience interested in your services.

How much you can make: $2,000 — $6,660,000/month

How much does it cost to start: $1,260 (?)

How long does it take to build: 58 days (?)

I Built A SEO Tool That's Completely Free For Users [From Lebanon]

H-supertools founder Hasan developed a set of free SEO and digital marketing tools generating $2k per month in profit using Google Adsense, affiliate marketing, selling ad spaces, and email, plans to launch a membership option, and has attained over 80k registered users and 300k monthly visits in less than two years.

About
Hasan started H-supertools about 4 years ago
Revenue
Hasan grew the business to $2K/month
Read by 13,006 founders

47. Start a remote software engineering business

Software engineering is one of the most lucrative careers for work-at-home enthusiasts. Software engineers can work from anywhere and accomplish project goals as long as they have the right skills and the right equipment.

Demand for software engineering has been rising for quite some time now, and there are no signs of stopping. Experts project software developers' employment rate to shoot by over 20% in the next few years. If you have software engineering skills and are passionate about working from home, there is no suitable time to start your business like now. A software engineering business begins with completing a relevant programming course and building some projects. Hence, you gain the skills and experience required to become a software engineer.

You can start your own software building company targeting companies, startups, or even individuals.

48. Start a bio-fuel production business

Biofuel production refers to the fuel produced over a short time from biomass rather than through prolonged natural processes of fossil formation. In today's world, resources are becoming limited and scarce, while countries are focusing on more ways to reduce waste through reuse or recycling.

According to experts, eco-friendly fuels like biodiesel will start making a significant impact on our roads. Therefore, starting a biofuel production company can be a lucrative business you will start today.

The good news is that you can set up a biofuel production business in your backyard. To start producing biofuel, you need access to raw materials and tools. Typical raw materials for biofuel production include used vegetable oil, methanol, and potassium hydroxide. Since you will be dealing with chemicals, it would help if you invest in high-quality PPEs.

Also, it would be best if you had skilled staff to help you produce the biofuels and packaging process.

49. Start a solar system repairing & maintenance business

Solar energy has come a long way today, thanks to technological advancements. An ordinary household can access solar panels that were once only accessible to big agencies like NASA. Today, the global adoption of solar as an energy source is on an upward trajectory.

The rising utility cost and constant lobbying by the green energy companies are some attributes resulting in the increased adoption of solar lighting.

According to statistics, the US is the leading country in North America regarding installed solar capacity. Data shows the cumulative residential solar installation capacity is about 22,151 megawatts. With the rising adoption of solar as an energy source, starting a solar system repairing and maintenance business can be a great business opportunity.

To start, focus on earning a solar certification. A solar accreditation is essential to promoting customer confidence and putting you ahead of the average uncertified business. Remember that you may need solar licensing if you work outside your home state. Some states also require a specialized solar contractor license.

50. Start a power storage business

Demand for energy storage systems is progressing at a CAGR of 11.0% to surpass 435 Billion in the coming years. According to experts, the growing demand for efficient and competitive energy resources will propel the market growth.

As energy storage systems continue to become popular, starting a storage systems business today will be a great idea. Business opportunities within the energy storage sector include:

  • Grid-scale storage
  • Behind the meter storage
  • Off-grid storage
  • Mobility storage

51. Start an electric car production business

The electric vehicle industry refers to all vehicles that use electricity as their primary energy source. The EV vehicle industry has grown rapidly over the past decade. New businesses are springing up every day to serve EV customers.

Experts estimate that the market size of electric vehicles will reach nearly 26 million people within the next two decades. Therefore, there is a promising business opportunity for those interested in the EV industry.

Starting an EV business involves huge capital investment, while the competition levels are high. In that regard, the easiest approach for entering the EV industry is through partnerships with existing EV manufacturers.

52. Start a jet-pack dealership

A jet pack, rocket belt, or rocket pack is a device worn over the shoulders like a backpack, enabling the wearer to travel through the air or space using jet propulsion.

Reports show that the jetpack market will rise considerably, a trend that will go on over the next decade. The jetpack application areas include military, first responders, recreational, and commuters.

Therefore, starting a jetpack line can be a great business opportunity. A potential opportunity within this industry is opening a jetpack dealership. As a dealership, your business will involve making the jetpacks available to final consumers. Dealers also offer the sale of service parts and general maintenance of the jetpacks.

If you are starting a jetpack dealership. Find regions where jetpacks are popular. Register your business and market your brand appropriately to expand its reach.

53. Start a solar water system business

The use of solar water heaters to generate heat is a well-established technology that has been around for decades. Adding solar water heaters to a house is proven to add value based on the energy efficiency factor and the fact solar energy reduces the carbon footprint.

Besides, modern solar water heaters provide a low-maintenance energy option and will provide heating no matter the weather.

Solar water heating solutions have become a popular option based on this efficiency. Starting a solar water heater business can be a lucrative venture. You can start a solar water heating systems manufacturer, installer, or dealership under an established systems manufacturer.

54. Start a car sharing service

Globally, people are looking for the most cost-effective way to move about. The increasing cost of car ownership has forced people to car sharing services.

Car sharing is where vehicle owners offer their vehicles for others to rent for a short period. The arrangement saves gasoline, parking fees, maintenance costs, taxes, and other expenses. Also, car sharing is a practical alternative for those on a budget who do not necessarily need full-time access to a vehicle.

According to experts, the global car-sharing market has exceeded 2 billion and will keep growing at a CAGR of over 20% for the next decade. In that regard, starting a car-sharing service presents a lucrative business opportunity.

With enough capital, you can purchase multiple vehicles and launch your car-sharing service.

How much you can make: $2,000/month

They want to rent out your luxurious car using software, hit first $24k in ARR

Subskryb is a luxury vehicle subscription service founded by Giovanni Smith, Kendell Johnson, and Preston Martelly that allows car owners to rent their high-end cars and renters to book them daily, weekly, or monthly, building a VAAS model with car owners and renters.

About
Giovanni started Subskryb over 3 years ago
Revenue
Giovanni grew the business to $2K/month
Read by 704 founders

55. Start a wind energy installation business

Wind power offers excellent opportunities for fulfilling energy needs. Besides, wind energy reduces air pollution emissions, including sulfur dioxide, nitric oxide, nitrogen dioxide, and particular matter.

The above factors have contributed significantly to the increased adoption of wind power as an alternative energy source. In addition, governments are adopting initiatives to combat climate change, with the adoption of wind energy among the key strategies.

Experts project that the global wind turbine market will grow at a 5.9% CAGR to reach $94.26 Billion in the next few years. Therefore, if you are interested in starting a business in the energy sector, wind energy can be a lucrative opportunity.

To venture into the wind energy sector, consider starting a wind turbine installation business or becoming a certified wind energy solutions installer.

56. Start a lunar tour guide business

Since the first travel to the moon, Lunar tourism has remained a common topic at space conferences. Apart from being a trivial topic, lunar tourism is a potential business and so unstoppable.

Thus, many people will enjoy traveling to the moon, and they will enjoy their time there. If you are interested in starting a business in the space industry, consider introducing lunar tourism.

57. Start a meat grower business

Cultivated meat, also known as grown or cultured meat, is genuine animal meat produced through the cultivation of animal cells.

The introduction of meat growing eliminates the need to raise farm animals for food. According to a CNBC report, lab-grown meat is making strides, a trend that is becoming unstoppable. Experts project that the cell-based meat market will reach 94.5 billion in the next few years.

If you are starting a lab-grown meat business, establish and meet safety requirements. Then, develop a clear and understandable labeling practice, and focus on offering the customers a price parity with conventional meat.

58. Start a 360-degree cameras business

360-degree cameras are required for photographing panoramas and other large visual areas. Virtual and augmented reality's prevalence in video games and other forms of interactive entertainment are some factors behind the rising popularity of 360-degree cameras.

A 360-degree camera lets users capture every event aspect for later viewing. Thus, customers easily acquire 360-degree cameras to capture a complete view of their surroundings.

According to recent research, the global 360-degree camera market will reach a compound annual growth rate of 34.4 percent.

Therefore, launching your 360-degree camera business can be a great business venture.

59. Start a cloud migration business

Cloud migration involves moving a company's digital assets, services, databases, IT resources, and applications into the cloud.

Cloud adoption is a trend used by enterprises to improve the scalability of internet-based applications while reducing risk and cost. Therefore, governments and private organizations hire professionals to help them migrate their locally stored data and information files to cloud-based storage solutions.

With the increased adoption of cloud computing, starting a cloud migration service can be a lucrative business opportunity. If you are in the IT industry, you can take lessons focusing on cloud storage and become a data migration expert.

60. Start a cyberspace security business

Cyberspace security refers to the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks.

Demand for cyberspace security experts has been snowballing.

The US alone has reported an estimated 200,000 vacant cyber security positions.

With cybersecurity being a critical component in today's business environment, starting a cyberspace security business can be a lucrative opportunity.

To start a cyberspace security firm, get the right professional certifications so potential clients can trust your abilities.

Then, develop a business plan tailored to cybersecurity, and define the target market.

Finally, analyze the market and come up with an entry strategy.

How much you can make: $2,000,000/month

How long does it take to build: 300 days (?)

Perfect timing Security SaaS Hits $12m Revenue, Closes $80m on $500m Valuation last week

Cyber security SaaS platform Coro offers cloud security services to mid-market enterprises, securing a total of $81.5 million in funding and a $500 million valuation, with 4,500 clients on the platform and reaching a $1 million run rate in 2019.

About
Dror started Coro over 10 years ago
Revenue
Dror grew the business to $2M/month
Read by 826 founders

61. Become a NFT broker

A None-Fungible Token (NFT) is a digital asset representing real-world objects, people identities, property rights, e.t.c.

Ideally, NFTs exist on a Blockchain and traders cannot replicate them, since they feature unique identity codes and metadata as the key identifiers. Therefore, it is impossible for one NFT to be equal to another, which is critical, especially when it comes to digital ownership.

Digital ownership is still a new concept, but one that is becoming increasingly popular especially with NFT trading taking shape. According to a 2021 report on NFT trading, NFT Sales Amounted to Over $2.4 Billion in the First 6 Months of 2021.

Are you fascinated by NFT trading? In this post, we highlight the top NFT broker businesses in 2021.

62. Start a P2P lending platform business

A p2P lending platform allows participants to borrow and lend sums of money without relying on conventional financial institutions. Experts expect the peer-to-peer lending market to grow at a CAGR of over 21%, reaching a valuation of over 10 billion in the next few years.

No longer the new kid on the block, P2P platforms have entered the mainstream and brought unprecedented support for small and medium-sized enterprises. Therefore, starting your P2P lending platform can be a great business venture.

To build a peer-to-peer lending platform, decide on the business formation and register your business name. Then register a domain and raise money for your startup capital.

63. Start a solar projects business

64. Start a scientific research business

How long does it take to build: 240 days (?)

65. Start an automated supermarket business

66. Start a nanosatellites building business

67. Start an asteroid mining business

68. Start a DNA design firms business

69. Start a stem cell pharmacy business

70. Start a holographic theater business

71. Start a space hotel business

72. Start an automated translating services business

meet the author
David Gitonga

"The best life hack of all is to just put the work in and never give up" - Bas Rutten (UFC Heavyweight Champion). Hey there! I am a talented freelancer passionate about writing and researching all topics business and entrepreneurship.