Looking to start a business as MBA graduate but not quite sure what to start?
The good news is, there are so many opportunities to become an entrepreneur and build an innovative product/service in this line of work.
If you're looking to start your own business as MBA graduate, there are several low-capital options you can choose from.
We put a list together below of the most profitable business ideas for MBA graduates you can start today!
Here they are:
1. Start a life coaching business ($297K/year)
Examples of a successful life coaching business:
Here are some great videos on how to get started with a life coaching business:
- How To Launch Your Coaching Business From Scratch In 5 Days - Day #1
- How To Become A Life Coach + Start A Profitable Coaching Business From Scratch
For further info, check out these books and products:
- Start Your Own Coaching Business: Your Step-By-Step Guide to Success
- Life Coach: How To Start A Life Coaching Practice
Check out all of our life coaching business case studies ➜
And for some real world inspiration, give Sinem Günel's story on creating Personal Growth Base a read:
I’m Sinem, 22 years old, based in Vienna, Austria and I’m an entrepreneur, coach, and writer.
On Medium alone, thousands of people are reading my stories about personal growth, self-fulfillment, and productivity every day, totaling more than 350,000 monthly views during strong months.
2. Start an ecommerce platform ($2.41M/year)
Examples of a successful ecommerce platform:
Here are some great videos on how to get started with a ecommerce platform:
For further info, check out these books and products:
Check out all of our ecommerce platform case studies ➜
And for some real world inspiration, give Nick and Angelica's story on creating Romans Tide a read:
My name is Nick and I am the founder of Romans Tide. My business started out selling on eBay in early 2015, by November we moved to Amazon. Our method of selling was 100% arbitrage back then.
By 2017 we did over $1,000,000 in revenue on the Amazon platform. I had no idea what I had gotten into. I had no business experience and had no idea how to manage all this money flowing through the business.
Now we have our own Private Label Products, a couple of wholesale accounts (pursuing more), and a full-scale countrywide Retail Arbitrage operation that generates six figures a month in revenue with 20-25% profit margins.
A lot of people say “you can’t scale Retail Arbitrage”. We prove them wrong on a daily basis.
Nowadays, Romans Tide is becoming more of a distributor for my other product creations and brands. My journey in E-Commerce has had me sell everything from toys and clothes to trampolines and patio sets. We sell to all types of customers so that led me to develop my own brands.
Right now we have:
Java Advisor - Sells coffee, tea, and related products @JavaAdvisor
Mind Your Grind - Started out as my personal blog but is being turned into a sales channel for customers focused on health, fitness, and mindset. @Mind_Your_Grind
RTX (in development) - This is my Sports and Outdoor Brand focused on serving the customers involved in extreme sports. My love for riding waves is what fuels this project
My name is Nick and I am the founder of Romans Tide. My business started out selling on eBay in early 2015, by November we moved to Amazon. Our method of selling was 100% arbitrage back then.
By 2017 we did over $1,000,000 in revenue on the Amazon platform. I had no idea what I had gotten into. I had no business experience and had no idea how to manage all this money flowing through the business.
Now we have our own Private Label Products, a couple of wholesale accounts (pursuing more), and a full-scale countrywide Retail Arbitrage operation that generates six figures a month in revenue with 20-25% profit margins.
A lot of people say “you can’t scale Retail Arbitrage”. We prove them wrong on a daily basis.
Nowadays, Romans Tide is becoming more of a distributor for my other product creations and brands. My journey in E-Commerce has had me sell everything from toys and clothes to trampolines and patio sets. We sell to all types of customers so that led me to develop my own brands.
Right now we have:
Java Advisor - Sells coffee, tea, and related products @JavaAdvisor
Mind Your Grind - Started out as my personal blog but is being turned into a sales channel for customers focused on health, fitness, and mindset. @Mind_Your_Grind
RTX (in development) - This is my Sports and Outdoor Brand focused on serving the customers involved in extreme sports. My love for riding waves is what fuels this project
3. Start a tutoring business ($960K/year)
Examples of a successful tutoring business:
Here are some great videos on how to get started with a tutoring business:
- Starting Your Tutoring Business: Everything You Need To Know
- How To Start A Tutoring Business (Full Business Plan)
For further info, check out these books and products:
- Become A Private Tutor: How To Start And Build A Profitable And Successful Tutoring Business
- How To Start A Home-Based Tutoring Business (Home-Based Business Series)
Check out all of our tutoring business case studies ➜
And for some real world inspiration, give Adam Shlomi's story on creating SoFlo SAT Tutoring a read:
Hey everyone! My name is Adam Shlomi and I am a 22-year-old senior at Georgetown University from South Florida. I am the founder of SoFlo SAT Tutoring, an online SAT/ACT tutoring company that provides exceptional test prep to students across the country. I started this business in my bedroom almost a year ago while I was recovering from ankle surgery. I couldn’t walk for 6 months and SoFlo gave me the motivation to get up in the morning.
Hey everyone! My name is Adam Shlomi and I am a 22-year-old senior at Georgetown University from South Florida. I am the founder of SoFlo SAT Tutoring, an online SAT/ACT tutoring company that provides exceptional test prep to students across the country. I started this business in my bedroom almost a year ago while I was recovering from ankle surgery. I couldn’t walk for 6 months and SoFlo gave me the motivation to get up in the morning.
SoFlo currently brings in average revenue of $15,000 a month and has seen a linear increase in student sign-ups each month since its official inception in March 2019. Since our customer lifetime is short –our students study for and take the SAT, get the score they want, and then no longer require our services– we invest in and rely heavily on the quality of the service we provide to attract future customers. Happy customers and significant score increases have helped spread the word and grow the brand.
4. Start an email marketing tool ($979K/year)
Examples of a successful email marketing tool:
Here are some great videos on how to get started with a email marketing tool:
For further info, check out these books and products:
- The Artist's Business And Marketing Toolbox: How To Start, Run And Market A Successful Arts Or Creative Business
- Email Marketing By The Numbers: How To Use The World's Greatest Marketing Tool To Take Any Organization To The Next Level
Check out all of our email marketing tool case studies ➜
And for some real world inspiration, give George Hartley's story on creating SmartrMail a read:
Hey I’m George, co-founder and CEO of SmartrMail. We’re an app that makes email easier for ecommerce merchants through seamless platform integrations and automated personalization.
We raised $400K angel funding in 2017, and have been (just) profitable since the start of this year. At the moment we’re focussed on product and growth, so any top line increases we spend on development, and getting more customers.
5. Start a financial advisor business ($1.36M/year)
Examples of a successful financial advisor business:
Here are some great videos on how to get started with a financial advisor business:
- Entry Level Financial Advisor Career Path How To Become A Financial Advisor
- What Does It Take To Become A Financial Advisor
For further info, check out these books and products:
- So You Want To Be A Financial Planner, Your Guide To A New Career 6th Edition
- Williams: Ft Bus Start Up 16 P
Check out all of our financial advisor business case studies ➜
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.
6. Start a debt management and recovery business
Examples of a successful debt management and recovery business:
Here are some great videos on how to get started with a debt management and recovery business:
- How To Start A Collection Agency: Episode 1 - The First 3 Weeks
- Start A Debt Settlement Company Www.Debtzeroprocessing.Com
For further info, check out these books and products:
7. Start a green consulting business
Examples of a successful green consulting business:
Here are some great videos on how to get started with a green consulting business:
For further info, check out these books and products:
- The Green Business Guide: A One Stop Resource
- Build A Green Small Business: Profitable Ways To Become An Ecopreneur
8. Start a business financing expert business
Examples of a successful business financing expert business:
Here are some great videos on how to get started with a business financing expert business:
- Financing Options For Small Businesses: Crash Course Entrepreneurship #16
- How To Get Financing When Starting A Business
For further info, check out these books and products:
9. Start a market researching business
Examples of a successful market researching business:
Here are some great videos on how to get started with a market researching business:
For further info, check out these books and products:
- The Entrepreneur's Guide To Market Research: Wenzel, Anne
- The Market Research Toolbox: A Concise Guide For Beginners
10. Start a SEO business ($72.9K/year)
Examples of a successful SEO business:
Here are some great videos on how to get started with a SEO business:
For further info, check out these books and products:
Check out all of our SEO business case studies ➜
And for some real world inspiration, give Samer Awada's story on creating OneSEO a read:
My name is Samer Awada. I started OneSEO.io, an SEO marketing business, around May of 2018. Our best selling products are our blogger outreach and link building foundation services.
April 1, 2018 - May 31 2019.
11. Become a public relations rep
Examples of a successful public relations rep:
Here are some great videos on how to get started with a public relations rep:
For further info, check out these books and products:
12. Start a management consulting business
Examples of a successful management consulting business:
Here are some great videos on how to get started with a management consulting business:
- How To Start A Consulting Business From Scratch
- 5 Basic Steps For Starting A Profitable Consulting Business
For further info, check out these books and products:
- Start Your Own Management Consultancy Business
- Harvard Business Review Leadership & Strategy Boxed Set (5 Books)
13. Become an author ($103K/year)
Examples of a successful author:
Here are some great videos on how to get started with a author:
- How To Write A Book: 13 Steps From A Bestselling Author
- Jeff Kinney's Advice - How To Become An Author!
For further info, check out these books and products:
Check out all of our author case studies ➜
And for some real world inspiration, give Nick Thacker's story on creating Nick Thacker a read:
My name is Nick Thacker, and I’m a full-time author of thriller and action-adventure novels. I write in the same genres as Dan Brown, Clive Cussler, James Rollins, and Lee Child, and my main series is about a Yellowstone park ranger named Harvey Bennett. Most of my readers are 45 years old and up, about 50/50 men/women, and the vast majority of my sales come from Amazon (either directly or through Kindle Unlimited, where I’m paid based on pages read).
I started writing back in 2011, but it was never something I thought I could do full-time. I was working a 9-5 job and I eventually realized I was making more by writing than I was at the day job, so I quit. Today, I’m pulling in about $10,000 a month on the low-end, and up to $20,000 during a heavy promotion or launch period.
14. Start a business plan writing business
Examples of a successful business plan writing business:
For further info, check out these books and products:
- Business Plan: Quickstart Guide - The Simplified Beginner
- How To Start A Business: What You Need To Know
15. Start an event planning business ($420K/year)
Examples of a successful event planning business:
Here are some great videos on how to get started with a event planning business:
- How To Start + Run Your Event Planning Business!!
- How To Start Your Event Planning Business With No Money
For further info, check out these books and products:
- Start Your Own Event Planning Business: Your Step-By-Step Guide To Success (Startup Series)
- Start Your Own Event Planning Business: Your Step-By-Step Guide To Success
Check out all of our event planning business case studies ➜
And for some real world inspiration, give Akshay Patel's story on creating Simply Decor and Events a read:
Hello, I am Akshay Patel from Albuquerque, NM the land of enchantment. I started an event rental and decor company that led me to an event venue. The View Event Center is a lavish space that is an indoor and outdoor event venue with panoramic city views. Our high-end venue with experienced staff will assist from venue decor to the smallest details entailed in making memories of a lifetime. Simply Decor, Tents, and Events ensures exclusive decor and thrives to bring your event to life through customized, elegant decor for all of their clients.
The full-service company will individually work with every client to design their event that will intrigue every eye in the room. Our company is broad that we get many different types of customers and we make many great connections with them as well. The company was making upwards of $380,000 a year.
16. Start an agricultural consulting business
Examples of a successful agricultural consulting business:
Here are some great videos on how to get started with a agricultural consulting business:
- Introduction To The Agribusiness Consulting Practice With L.E.K.’S Peter Walter
- Starting Your Consulting Business From Zero!
For further info, check out these books and products:
- How To Start And Run A Successful Consulting Business
- Starting & Running Your Own Small Farm Business
17. Start a business school business
Examples of a successful business school business:
Here are some great videos on how to get started with a business school business:
For further info, check out these books and products:
- How To Start A Business: Step-By-Step Start From Business
- The Student Entrepreneur's Guide: How To Start And Run
18. Become a business broker
Examples of a successful business broker:
Here are some great videos on how to get started with a business broker:
- My Life As A Business Broker & Why I Left The Industry- David C Barnett
- What Is A Business Broker - Business Broker's Series Ep. 8
For further info, check out these books and products:
- The Millionaire Mortgage Broker: How To Start, Operate, And Manage A Successful Mortgage Company
- Start Your Own Freight Brokerage Business: Your Step-By
19. Become a corporate trainer ($195K/year)
Examples of a successful corporate trainer:
For further info, check out these books and products:
Check out all of our corporate trainer case studies ➜
And for some real world inspiration, give Andrew Tarvin's story on creating Humor That Works a read:
I am Andrew Tarvin and I am the world’s first humor engineer (at least according to all the Google searches that I’ve done).
We’ve worked with thousands of people at more than 250 organizations, including Microsoft, the FBI, and the International Association of Canine Professionals.
20. Start a recruiting business
Examples of a successful recruiting business:
Here are some great videos on how to get started with a recruiting business:
For further info, check out these books and products:
- How To Open & Operate A Financially Successful Staffing Service Business: With Companion Cd-Rom
- Start Your Own Executive Recruiting Service: Your Step-By-Step Guide To Success (Startup Series)
21. Start an asset management business
Examples of a successful asset management business:
Here are some great videos on how to get started with a asset management business:
- Asset Management Firm Founder Explains His Job, Trading Strategies, Quant Investing, Market Research
- How To Start Your Own Investment Firm And Become An Independent Financial Advisor
For further info, check out these books and products:
22. Start a crowdfunding consulting business
Examples of a successful crowdfunding consulting business:
Here are some great videos on how to get started with a crowdfunding consulting business:
For further info, check out these books and products:

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