40 Profitable Business Opportunities For Mechanical Engineers (2021)

In 2008, I started working as a freelancer for a locksmith company and I learned the job quickly. One day, I decided that I would like to open my own business, so I started my locksmith business. Through that, I gained valuable experience and learned how to advertise and get leads.

I decided one day after I received an offer to sell the business that I would look into advertising for something similar to emergency service advertising. That's how I came up with the idea to open a towing company.

Never stop investing in your business - both in your processes, tools, and in your people. It’s important to keep your reputation in good standing too. And never stop investing in yourself.

I came to the realization that I had a problem with staying at a job for more than 6 months. I would come in to work every day, learn the job, and about 6 months later I would be sitting there bored and wondering why they didn’t do things a certain way to make the business more efficient.

I tried working everywhere from door to door sales, fast food, shipping companies and at one point I was even an O.T.R. truck driver!

Eventually, I would find another job and move on because being inefficient wasn’t me!

My wife and I have always been travelers and the adventurous type. One thing always held my wife up from getting after the powder on a bluebird day on her own. Because of her height, she struggles to use car top racks. Come to find out, she wasn't alone.

Knowing when to launch and other key factors will help you not only reach your goal faster, you'll end up on the front pages of Kickstarter as well as crowdfunding tracker sites.

Depending on the vehicle and type of rack, I often struggle as well. Using my background as a firefighter I knew the anatomy of vehicles. This helped me formulate the design and placement of the Moki Doorstep.

I come from an entrepreneurial family. My father works for himself and my maternal grandfather started a clothing factory. Working for myself has always been encouraged by my family, but before I could get started, I needed to learn a skill. At Georgetown, I study international politics and business. Most students with these backgrounds go on to work at prestigious firms like J.P. Morgan. I really didn’t know what kind of business I could start, and frankly, planned to work as a (boring) data analyst after graduation.

If you have an idea but don’t have the knowledge to execute, use that idea as motivation and go learn how to turn your vision into reality.

Tutoring first came to mind because I had spent significant time working for other tutoring companies and cutting my teeth/learning how the industry works during my teen years. I first started tutoring when I was 15. I was hired by College Experts, a local test prep center in Davie, Florida. My first student was three years older than me, and I spent our first session teaching him how to use his calculator rather than trying to explain any complicated formulas. Being a student myself, I was able to bring a student’s perspective to tutoring. I worked for College Experts until my senior year of high school when I began tutoring on my own and finding clients on Craigslist.

My Brother and I grew up in a very entrepreneurial family. Our parents had started, grown and sold several companies growing up and it’s something we both had a passion for.

We’ve also always felt that our personalities and experiences complimented each other well. Generally speaking, I tend to be more detail oriented and risk averse whereas my brother is better at looking at the big picture and is more comfortable taking risks. I went to college and got a degree in Mechanical Engineering with a minor in business and he got his degrees in both Business Administration and Marketing.

Wyze has four co-founders and we all met while working at Amazon. As a team, we have a very deep understanding of retail operations, including both e-commerce and big box chains. Team members have worked at Microsoft, Best Buy, REI, Groupon, etc. At each of these companies, as well as Amazon, roles varied between team members. Some of our team members have expertise in operations, some in marketing, some in sales, and so on. We complement each other very well when we bring it all together. This is absolutely at the core of our success since we are able to see problems from many angles and perspectives.

We discovered that in the smart home market, customers only have two options:

1. Expensive premium brands
2. Cheap, low quality me-too brands with little-to-no customer service.

In 2014, I was one-half of a partnership working primarily in advertising and marketing. At that time, my partner and I were successful and wanted to explore other verticals. We began working with a client who had a product that we believed was singular and unique throughout the world, and we put forward a significant amount of capital out of our own pockets to try and develop that product, only to reach a point where the deal went south and litigation ensued.

Make plans to do things as a family, and do your best not to let work interfere with those moments, but know that there are going to be times when you will have to sacrifice an outing, a dinner date, a holiday weekend.

In trying to think outside the box and figure out a way to create a similar product, I found myself for the first time in an innovation lab in Tampa, Florida, where I saw a 3D printer in operation for the first time. I couldn’t look away. I realized immediately that 3D printing had the potential to change the world as it became more integrated into daily business activities such as manufacturing. That’s when I decided to leap of faith.

I’ve always been a fanatic reader, specifically in the thriller genre. I discovered Dan Brown as a kid, then James Rollins, and I’ve always love action movies that combine adrenaline and history (think National Treasure, Indiana Jones, etc.).

I decided to write a book (my first was called The Golden Crystal, and it has been re-launched as The Atlantis Stone) when my grandfather passed away. He had always been a strong positive influence in my life, and he, my dad, and I often swapped paperbacks we liked. That first book was intended as a gift for my dad for Christmas, and it was going to be the only one I ever wrote -- just to see if I could do it.

I had no idea what I was doing (arguably, I still don’t…). I just thought it would be fun to combine technology with the discovery of Atlantis… in some way. When I got started, I was naive enough to think that books simply happen, but the book very quickly got the best of me. I took a six-month break and consumed as much as I could on the subject of the craft of writing fiction. I’d never really written anything before, so it was an eye-opening experience to learn about structure, plot tropes, character development, and everything else that goes into a good, cohesive story.

It began as a side project while building a web app. I had wanted to launch something helpful to a broad set of people. And I wanted to launch something that could run without my interference.

In the company that I co-founded, to do ad sales we were constantly building biz models and outreach in Google Sheets. My co-founder earlier this year mentioned that all my Google Sheets look great. And are way above anything else he had seen.

I didn’t have to validate it, necessarily, before creating it. I just launched the damn thing on a Friday. Landing page, 4 free videos, and 4 paid videos. I set a price and moved on with my life. Come Monday I had a sale, and everything blasted off from there.

I started off by running and owning a hosting company called Empire Host. We had about 3K clients at the time support was run from two offices in India with nearly 30 employees.

We were also providing an outsourcing package. Our business solutions were really cheap and to be frank, our results were mediocre at best. Although the service was fine for any mom and pop shop or even an “any results will do” kind of company, we noticed that too often, people who run tech companies actually outsourced to companies such as ourselves even work that went into their core offering - because it was cheap.

At the time, what outsourcing really was, was an arbitrage business. But the concept that people would outsource big chunks of their business to a company that does not provide the same level of communication, process, quality control, and culture just because they’ll save a lot of money, that idea really stuck with me.

As far back as I can remember I’ve always wanted to have my own business. I didn’t go to college (besides a few junior college classes). Instead, I started working in sales, first selling car insurance for a few years, and then making the jump into mortgage loans. After a few years of gaining experience, I opened up my own mortgage company and rode the wave of the mid-2000’s real estate boom. It was an incredibly lucrative time and it seemed like it would go on forever. However, by the end of the decade, the good times were over and the recession hit. Although I hung in there and we did extremely well for several years in a down economy, I still ended up having to shut down my company. During this time I experienced some of the most challenging times of my life and career.

After rolling with the punches, I started looking for the next business opportunity to get involved with. A friend of mine had been telling me for several years about solar power and how renewable energy was the future. After doing some research, I realized what a great opportunity it was.

• There’s an unlimited amount of solar energy.
• Solar is clean energy compared to fossil fuels that damage the environment.
• Solar energy is a cheaper source of energy than fossil fuels, in the majority of markets.
• Power purchase agreement (PPA) allows a homeowner to get a solar system without having to actually purchase the system. There is not a purchase loan or lien required on a client’s home.