22 Lucrative Business Opportunities For MBA Graduates In 2022

22 Lucrative Business Opportunities For MBA Graduates In 2022

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 ($306K/year)

How Much Can You Make?
$100 — $660,000/month
Average Initial Investment
$2,400
Time To Revenue
240 days
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Examples of a successful life coaching business:

Here are some great videos on how to get started with a life coaching business:

For further info, check out these books and products:

Learn more about starting a life coaching business ➜

Case Study

I was once just an out of shape, overweight guy with a goal to make a change. I started my health and fitness journey by losing 90lbs. The discipline and drive it took to go from never exercising at all to achieving such significant weight loss taught me a lot about goals and how to attain them.

TeamFFLEX is my online personal training platform that coaches athletes, Hollywood actors, professional musicians and everyday people all around the world. Starting with literally 0 dollars and a hell of a lot of drive I successfully built my business into the 6 figures in less than a year. Today, TeamFFLEX LLC does $48,000 a month and is growing continually month after month.

how-i-started-a-48k-month-business-with-an-online-fitness-training-service

2. Start an ecommerce platform ($3.65M/year)

How Much Can You Make?
$100 — $1,400,000/month
Average Initial Investment
$577,176
Skills

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:

Learn more about starting an ecommerce platform ➜

Case Study

I am Jean-Loup Karst, the co-founder of Secret. Secret is the first platform of exclusive deals on services and software for startups. Entrepreneurs can sign up and save up to $50,000 on 70+ SaaS deals (Airtable, Pipedrive, Mailjet, etc.). It’s 100% free! It's a no-brainer.

When we launched our beta in April, our 100+ first users paid an annual subscription of $50 per year (roughly 1% conversion rate on our website). We generated $5K+ in revenue and decided to switch to a free model to grow user acquisition faster through network effects and monetize the database later through premium deals and affiliation with our partners.

on-creating-a-website-full-of-software-deals-for-startups

3. Start a tutoring business ($1.32M/year)

How Much Can You Make?
$1,500 — $375,000/month
Average Initial Investment
$100
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Examples of a successful tutoring business:

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

For further info, check out these books and products:

Learn more about starting a tutoring business ➜

Case Study

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.

how-i-started-a-15k-month-sat-tutoring-business-while-in-college

4. Start an email marketing tool ($15.3M/year)

How Much Can You Make?
$120 — $1,200,000/month
Average Initial Investment
$33,200
Time To Revenue
300 days
Skills

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:

Learn more about starting an email marketing tool ➜

Case Study

My name is Lars Helgeson and I am the founder of GreenRope, a CRM and marketing automation platform. Our company started in 2000 as an email marketing SaaS and in 2008 decided to focus on the challenges that businesses face in managing sales, marketing, customer service, and operations.

GreenRope has over 1,000 customers in over 20 countries, ranging from startups to universities and municipalities.

on-starting-a-160k-month-crm-automations-company-after-a-us-air-force-career

5. Become a financial advisor ($5.89M/year)

How Much Can You Make?
$2,500 — $2,000,000/month
Average Initial Investment
$256,500
Time To Revenue
360 days
Skills
Business model

Examples of a successful financial advisor:

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

For further info, check out these books and products:

Learn more about starting a financial advisor ➜

Case Study

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

6. Start a debt management and recovery business

How Much Can You Make?
$80,000/month
Skills

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:

For further info, check out these books and products:

Learn more about starting a debt management and recovery business ➜

Case Study

Hello everyone! My name is Avi Grunwald; I’m the founder and CEO of Fair Capital.

Based on ACA International's recent report, our unique debt collection strategy demonstrated a debt collection success rate 52% higher than the industry average.

how-an-industry-outsider-started-an-80k-month-debt-collection-business

7. Start a green consulting business

Average Initial Investment
$200
Skills

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:

Learn more about starting a green consulting business ➜

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:

For further info, check out these books and products:

Learn more about starting a business financing expert business ➜

article

9. Start a market researching business

How Much Can You Make?
$75,000/month
Average Initial Investment
$600,000
Skills

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:

Learn more about starting a market researching business ➜

Case Study

We started the company in 2018, raised a very unique round of funding, created open-sourced docs anyone can use and spent 18 months building this somewhat risky idea. When we finally launched in May 2020, we were pretty nervous the pandemic might sink our business, but thanks to high demand for this new concept, we turned the corner to profitability just six months later, and are now ~$75K in MRR.

this-moz-co-founder-created-an-online-tool-that-reached-75k-mrr-in-just-6-months

10. Build a SEO tool ($95.2K/year)

How Much Can You Make?
$2,800 — $1,500,000/month
Average Initial Investment
$7,687
Time To Revenue
420 days
Skills

Examples of a successful SEO tool:

Here are some great videos on how to get started with a SEO tool:

For further info, check out these books and products:

Learn more about starting a SEO tool ➜

Case Study

Hi, this is Md. Yousuf Ali and I are the founders of Rank Trends and Khan. I am pleased to introduce myself as an Entrepreneur, SEO expert, web design, and developer. I started my business more than 3 years ago to provide various services in digital marketing and offer quality grocery items.

Also, Rank Trends is the ideal choice for those people who want to build a professional and dynamic website. We build SEO friendly, well navigation and well-looking websites by applying modern technology for boosting online business.

how-i-started-a-6k-month-seo-and-digital-marketing-agency-in-bangladesh

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:

Learn more about starting a public relations rep ➜

article

12. Start a management consulting business

How Much Can You Make?
$8,696 — $433,000/month
Average Initial Investment
$307,312
Skills

Examples of a successful management consulting business:

Here are some great videos on how to get started with a management consulting business:

For further info, check out these books and products:

Learn more about starting a management consulting business ➜

Case Study

Hi, I'm Dancho Dimkov, the face and the brain behind BizzBee Solutions. A born and educated entrepreneur, dedicated businessman and consultant, and also a sworn supporter of building meaningful relationships with clients. In 2015, I founded my hive called BizzBee Solutions.

We believe that when you have a dream and set a goal, there is nothing in this world that can stop you from achieving what you want.

how-i-use-linkedin-to-grow-my-18k-month-outbound-growth-services-business

13. Become an author ($112K/year)

How Much Can You Make?
$200 — $1,500,000/month
Average Initial Investment
$6,050
Skills

Examples of a successful author:

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

For further info, check out these books and products:

Learn more about starting an author ➜

Case Study

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.

how-i-generate-10k-month-as-an-indie-writer

14. Start a business plan writing business

How Much Can You Make?
$42,857/month
Skills

Examples of a successful business plan writing business:

Here are some great videos on how to get started with a business plan writing business:

For further info, check out these books and products:

Learn more about starting a business plan writing business ➜

Case Study

I'm Vaibhav Kishnani, an engineer but a passionate writer by profession. I established Content-Whale in 2017 when I was in my third year of engineering. Going by the maxim that quality writing is everything, Content-Whale caters to 42 different content types that form the backstory of every company’s digital presence and marketing efforts.

I started this content agency with a mere sum of Rs. 2,500. Today, we have drawn a revenue turnover of Rs. 4 Crores! In my opinion, it is not individual progress. Instead, a start-up is about connecting with the right individuals at the right time, who keep the show running ahead with their strife for perfection.

how-we-started-a-514k-year-content-curation-agency-with-just-35-from-india

15. Start an event planning business ($1.11M/year)

How Much Can You Make?
$35,000 — $400,000/month
Average Initial Investment
$19,725
Time To Revenue
240 days
Skills
Business model

Examples of a successful event planning business:

Here are some great videos on how to get started with a event planning business:

For further info, check out these books and products:

Learn more about starting an event planning business ➜

Case Study

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.

how-i-started-a-35k-month-event-decor-business

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:

For further info, check out these books and products:

Learn more about starting an agricultural consulting business ➜

article

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:

Learn more about starting a business school business ➜

article

18. Start a brokerage business

How Much Can You Make?
$17,500,000/month
Skills
Business model

Examples of a successful brokerage business:

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

For further info, check out these books and products:

Learn more about starting a brokerage business ➜

Case Study
  • Mark Daoust is the CEO and founder of Quiet Light Brokerage.
  • He has been mentoring company owners who are considering selling their businesses since the establishment of the company in 2007.
  • The Quiet Light team of business developers helps to plan the most effective time and strategy for selling your business.
  • Their aim is to support those who are new to the prospect of buying and selling their businesses.

article

Listen to the full podcast on domainmagnate.com/ ➜

19. Become a corporate trainer ($195K/year)

How Much Can You Make?
$12,500 — $20,000/month
Time To Revenue
270 days
Skills
Business model
Work from home

Examples of a successful corporate trainer:

Here are some great videos on how to get started with a corporate trainer:

For further info, check out these books and products:

Learn more about starting a corporate trainer ➜

Case Study

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.

how-being-the-funny-guy-at-work-turned-into-a-full-time-career

20. Start a recruiting business ($90K/year)

How Much Can You Make?
$100 — $125,000/month
Average Initial Investment
$252,000
Skills

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:

Learn more about starting a recruiting business ➜

Case Study

Hi, I’m Kingsong, CEO of Techintern.io. We connect startups and tech companies with the best software developer students at colleges across North America like Waterloo, Harvard, Berkeley, and more. We work with startups to hire really strong and motivated technical interns, many of who have experience at top companies like Google or Facebook.

We’ve worked with companies like Afterpay, Zumper, and Yugabyte and recently achieved #1 Product of the Day and #2 Product of the Week on Product Hunt.

making-15k-month-connecting-interns-with-companies-looking-for-talent

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:

For further info, check out these books and products:

Learn more about starting an asset management business ➜

22. Start a crowdfunding consulting business

How Much Can You Make?
$10,000 — $300,000/month
Skills

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:

Learn more about starting a crowdfunding consulting business ➜

Case Study

My name is Daryl Hatton. I am a founder, CEO, and lead investor of a team that created ConnectionPoint in 2009 as an early entrant and innovative pioneer in the crowdfunding industry.

To date, we have helped almost 200,000 projects in 40+ countries raise over $200 million using our platform.

how-i-started-a-crowdfunding-as-a-service-platform-that-helped-200k-projects-raise-over-200m

Pat Walls,  Founder of Starter Story
Want to start your own business?

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meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.