22 Lucrative Business Opportunities For MBA Graduates In 2023
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)
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
- How To Become A Life Coach + Start A Profitable Coaching Business From Scratch
For further info, check out these books and products:
- A Life Coaching Guide: Steps On How To Start Your Life
- Start Your Own Coaching Business: Your Step-By-Step Guide to Success (StartUp Series)
Learn more about starting a life coaching business ➜
Hi everyone! My name’s Fotis Panagiotakopoulos and I’m the founder of GrowthMentor, a platform where you can connect with vetted growth mentors for one-on-one calls.
The mentors are primarily made up of growth marketers, product managers, founders, and startup veterans with years of experience. Over 2,500 mentorship calls have been booked on the platform to date.
2. Start an ecommerce platform ($3.05M/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:
- [2022 Version] How To Start And Grow An E-Commerce
- Ecom Hell: How To Make Money In Ecommerce Without Getting Burned
Learn more about starting an ecommerce platform ➜
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.
3. Start a tutoring business ($1.32M/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): Beth Lewis
Learn more about starting a tutoring business ➜
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 ($15.3M/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:
- Email Marketing Fundamentals: Learn How To
- Email Marketing By The Numbers: How To Use The World's Greatest Marketing Tool To Take Any Organization To The Next Level
Learn more about starting an email marketing tool ➜
Hello, My name is Hasan, the founder of H-educate, H-supertools, and some other websites and services. I began working on H-supertools 2 years ago and launched it four months afterward.
Today, we have more than 80K Registered Users on the platform and more than 300K Visits each month, which, in a sense, is a high achievement for a new platform that took less than two years to build.
5. Become a financial advisor ($5.89M/year)
Examples of a successful financial advisor:
Here are some great videos on how to get started with a financial advisor:
- Starting A Financial Advisor Business Guide
- Entry Level Financial Advisor Career Path How 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
- The Financial Times Guide to Business Start Up 2016 (Financial Times Guides)
Learn more about starting a financial advisor ➜
Hello! My name is Michelle Schroeder-Gardner, and I run Making Sense of Cents, a personal finance and lifestyle website that helps readers earn more, save more, and live more.
I earn around $100,000 a month from Making Sense of Cents and have made over $5,000,000 from it over the years. Much of it is profit, as my expenses are extremely low. I am the only full-time employee of my business, but I do outsource some work. I have a virtual assistant, an editor, and a technical manager.
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:
For further info, check out these books and products:
- How To Invest in Debt: A Complete Guide to Alternative Opportunities
- How To Start A Judgment Recovery Business - From Your Kitchen Table (The Kitchen Table Office Series, Volume 1)
Learn more about starting a debt management and recovery business ➜
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.
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:
- 5 Basic Steps For Starting A Profitable Consulting Business
- 6 Eco-Friendly Business Ideas (Green Businesses For 2020)
For further info, check out these books and products:
- The Green Business Guide: A One Stop Resource for Businesses of All Shapes and Sizes to Implement Eco-friendly Policies, Programs, and Practices
- Build A Green Small Business: Profitable Ways To Become An Ecopreneur
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:
- Entrepreneur’s Business Financing: Guide to Access Financing to Start Buy or Expand Your Business
- The Business Funding Formula: How Entrepreneurs Are Jump Starting Their Businesses With Powerful Funding Strategies
Learn more about starting a business financing expert business ➜
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
Learn more about starting a market researching business ➜
10. Build a SEO tool ($95.2K/year)
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:
- How to Start a Blog Today: A Free Step-by-Step Beginner’s Guide to Create a Blog in 20 minutes: Scott Chow
- Seo: Seo Tools For Beginners - Search Engine
Learn more about starting a SEO tool ➜
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.
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 ➜
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)
Learn more about starting a management consulting business ➜
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.
13. Become an author ($112K/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:
Learn more about starting an author ➜
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:
Here are some great videos on how to get started with a business plan writing business:
- How To Write A Business Plan - Entrepreneurship 101
- How To Write A Business Plan To Start Your Own Business
For further info, check out these books and products:
- Business Plan: Quickstart Guide - The Simplified Beginner's Guide to Writing a Business Plan: ClydeBank Business
- The One Hour Business Plan For Starting A Small Business: The Solopreneur’s Guide on How to Write a Business Plan & Start a Business
Learn more about starting a business plan writing business ➜
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.
15. Start an event planning business ($1.11M/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): Entrepreneur Press
- Start Your Own Event Planning Business: Your Step-By-Step Guide to Success (StartUp Series)
Learn more about starting an event planning business ➜
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: Gregory F. Kishel
- Starting & Running Your Own Small Farm Business: Sarah Beth Aubrey
Learn more about starting an agricultural consulting 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 Without Any Money
- How To Start A Business: Step-By-Step Start From Business Idea and Business Plan to Having Your Own Small Business: Greg Shields
Learn more about starting a business school business ➜
18. Start a brokerage business
Examples of a successful brokerage business:
Here are some great videos on how to get started with a brokerage business:
- 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-Step Guide to Success (StartUp Series)
Learn more about starting a brokerage business ➜
- 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.

Listen to the full podcast on domainmagnate.com/ ➜
19. Become a corporate trainer ($195K/year)
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:
- Corporate Creativity: How Innovation & Improvement Actually Happen: Alan G Robinson
- Marketing Your Chair-Massage Business: A Step By Step, Simple, Effective Guide To Building A Chair-Massage Practice
Learn more about starting a corporate trainer ➜
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 ($90K/year)
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 Start A Recruiting & Staffing Business: Severo
- How to Open & Operate a Financially Successful Staffing Service Business
Learn more about starting a recruiting business ➜
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.
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:
- This Is How I Founded An Asset Management Firm With Over $2 Billion In Assets
- Asset Management Firm Founder Explains His Job, Trading Strategies, Quant Investing, Market Research
For further info, check out these books and products:
- Document And Eyewitness: An Intimate History Of Rough
- Asset Management: A Systematic Approach to Factor Investing (Financial Management Association Survey and Synthesis)
Learn more about starting an asset management business ➜
Igor Marinelli is the Founder and CEO at Tractian. He studied Computer Engineering, Entrepreneurship, and Technology at the University of California, Berkeley. Previously, He was Founder and Board Member at Somos Todos Heróis.
Founder’s Vision
- Igor’s motto is to give all maintenance professionals access to online equipment monitoring and a “right hand” platform that analyzes, provides valuable insights, optimizes routines, and enables practical and effective decision-making.
About The “Tractian” Tool
“Tractian” is an Industrial AI startup focused on unlocking new operational efficiencies by making decisions based on predictive insights.
TRACTIAN is the IoT tool that removes barriers to keep your operation running without interruptions.
As a company, Tractian - which uses Artificial Intelligence to monitor and predict the status of industrial equipment, has raised $15M in a venture funding round.
Tractian is an online maintenance system that combines smart sensors for condition monitoring with maintenance management software.
Utility Of IoT Tool and Fund Raising
Tractian aims to democratize access to sophisticated real-time monitoring and asset operations tools.
It is a machine intelligence company offering various industrial monitoring systems.
Using this tool, maintenance professionals can do end-to-end solutions to make their routines easy, reduce operational costs and increase machine reliability.
Tractian Growth Indicators
- The company has reached a valuation of $15M+
- Raised $3.7M seed round and hoping to raise series A soon.
- Tractian customer base is growing at a base of 30% every month.
- The company has grown 10X and attained the $1.2ARR mark through 70% new acquisitions and 30% returning customers.
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:
- Rewards Crowdfunding: The Kickstarter & Indiegogo Guide
- A Crowdfunder's Strategy Guide: Build A Better Business By
Learn more about starting a crowdfunding consulting business ➜
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.
Hey! 👋 I'm Pat Walls, the founder of Starter Story.
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