24 Business Ideas That Could Be Worth Millions (2022)

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The advance of the internet has democratized admission to the world of entrepreneurship. From virtually anywhere in the world (provided internet access), makers can launch real, viable businesses capable of generating millions of dollars a year.

While technology has lowered the barrier to entry to starting a business, there's still an infinite supply of problems just waiting to be solved.With tons of ideas out there, the primary ingredient for building a startup -- besides time and a bit of luck -- is execution. You just have to get started. To get you started, here are 24viable business ideas.

24 Business Ideas That Could Be Worth Millions (1) eclipse_images | Getty Images

Gmail Extension Creator

Modern businesses rely on email to get their work done. There are dozens of opportunities to build Gmail extensions that automate parts of a professional'sworkflow to savetime and money.

Related:20GmailHacks Only Savvy Users Know

24 Business Ideas That Could Be Worth Millions (2) Prasit photo | Getty Images

Drone Videographer

Improvement in aviation technology has made it easier than ever to get a drone up and flying over a beautiful landscape or building. The commercial and residential real estate industries are practically begging for more drone videographers to serve their agents and home developers.

Related:Revolutionizing the Film Industry With Remote-ControlledDrones

24 Business Ideas That Could Be Worth Millions (3) Zapp2Photo | Getty Images

FAQs Chatbot Builder

Companies waste dozens and dozens of hours a week answering support questions from their customers. Help them automate this process by using a simplechatbot.

Related:Top 10 Best Chatbot Platform Tools to Build Chatbots for Your Business

24 Business Ideas That Could Be Worth Millions (4) Sofie Delauw | Getty Images

Drop Shipping Business Owner

You can start an e-commerce business without holding any inventory. This practice, known as drop shipping, offers a lot of opportunity if you can dominate the right niche.

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Related: 6 Steps to Building a Successful OnlineDrop ShippingBusiness

24 Business Ideas That Could Be Worth Millions (5) Anchiy | Getty Images

Online Course Creator

If you know an industry or task really well, you can easily create and sell an online course that teaches people a new skill. You'll just have to invest the resources upfront that are necessary to develop the class.

Related:8 Steps toCreatinga Profitable DigitalCourse

24 Business Ideas That Could Be Worth Millions (6) SonerCdem | Getty Images

Social Media Manager

You can run social media accounts for a number of different companies if you market yourself well. Advertiseyour ability to drive sales and increase ROI by leveraging the reach of multiple social channels.

Related:Tips forRunningYour BestSocial MediaCampaign Ever

24 Business Ideas That Could Be Worth Millions (7) GCShutter | Getty Images

Online Influencer

It's a commondream nowadays to become an internet celebrity, and there's a reason: Building a wide audience on the internet can give you immense influence that can be monetized at scale.

Related:What I've Learned From Spending $10 Million onInfluencerMarketing

24 Business Ideas That Could Be Worth Millions (8) Hero Images | Getty Images

Affiliate Marketing Partner

Affiliate marketing is a partnership that bloggers, content creators or marketers canhave with an online retailer. The retailer paysa commission for every referral sale the partner sends their way.

Related:Top 10Affiliate MarketingTracking Software Platforms

24 Business Ideas That Could Be Worth Millions (9) Hero Images | Getty Images

Event Planner and Promoter

Restaurants, clubsand other physical venues often struggle to get customers in the door. Using your ability as a marketer, you can be compensated for directing traffic to these locations.

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Related:The Price Is Right: Turning a Profit in theEvent PlanningBusiness

24 Business Ideas That Could Be Worth Millions (10) Ghislain & Marie David de Lossy | Getty Images

Real Estate Investor

In any market, there are opportunities for buying and selling real estate to make a profit. With a bit of capital, you can begin taking more risks on your assets and making long term investments in residential and commercial real estate. Just be sure to do your research before you get started.

Related:8 WaysReal EstateIs Your SmartestInvestment

24 Business Ideas That Could Be Worth Millions (11) Chevanon Wonganuchitmetha | EyeEm | Getty Images

Ghostwriter

You can turn your ability to write well and quickly into a serious business if you find the right clients. Try freelancer platforms like Upwork and Freelancer.com.As long as you provide consistent and quality content, over time, your business is bound to grow.

Related:The Entrepreneur's Complete Guide toGhostwriting

24 Business Ideas That Could Be Worth Millions (12) YakobchukOlena | Getty Images

Content Translator

Being fluent in another language can be extremely valuable to people who need their websites translated. Put up a simple website, and you can start charging for “translation as a service” for websites, documentsand presentations.

Related:Going Global? 3 Strategies to Ensure Nothing's 'Lost inTranslation'

24 Business Ideas That Could Be Worth Millions (13) Daviles | Getty Images

Website Flipper

Using Flippaor any other online business marketplace, you can buy and sell projects, domains and websites. With the right eye, you can find great deals on promising ideas and turn them for a profit with just a small investment in the right areas.

Related:7 Lucrative Online Jobs That Can Skyrocket Your Income

24 Business Ideas That Could Be Worth Millions (14) Mint Images | Getty Images

Newsletter Writer

Building a newsletter with an active following is an extremely lucrative business opportunity because advertisers will pay serious dollars to get their names in front of the right audience. Start with a small niche that you can really provide value to, and you'll likely see your subscriber list grow over time.

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Related:4 Steps to Building A Profitable DigitalNewsletter

24 Business Ideas That Could Be Worth Millions (15) Anchiy | Getty Images

Freelance Designer

Learn how to use Photoshop or sketch, and you can start charging clients for your design work. As a freelancer, you'll be able to make your own hours and dictate your own progression as your business grows.

Related:The Non-Designer'sGuide to Hiring a GreatFreelanceWebDesigner

24 Business Ideas That Could Be Worth Millions (16) alvarez | Getty Images

Personal Trainer

If you enjoy fitness and maintaining a healthy lifestyle, then personal training could be a prime business for you. There's always a market for it through peoplewho are looking to get in shape -- and looking for someone to push them in the right direction.

Related:How To Add Wellness Coaching to YourPersonal TrainingBusiness

24 Business Ideas That Could Be Worth Millions (17) eclipse_images | Getty Images

Craigslist Flipper

Craigslist can be a goldminefinding deals that you can flip for a profit. There are plenty of resources available online that can help you identify the good deals from the rest of the pack.

Related:How to Make a Fortune With $100

24 Business Ideas That Could Be Worth Millions (18) Betsie Van Der Meer | Getty Images

Farmers' Market Seller

If you know any farmers in your area, you can reach out to them and offer to sell their products at farmers' markets.Rather than paying upfront, you can mitigate your risk by partnering with the farmers in exchange for commission.

Related: College Entrepreneurs Find a Green Niche in an Online Farmers Market

24 Business Ideas That Could Be Worth Millions (19) vgajic | Getty Images

Paid Advertising Consultant

Most businesses rely on some sort of paid advertising to drive leads for their business. Become an expert at Google AdWords or Facebook ads, and you can start chargingclients for managing their spend.

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Related: Need Clients? The 5 Best Ways to Market Your Consulting Business

24 Business Ideas That Could Be Worth Millions (20) asiseeit | Getty Images

Tutor

Whether it is for the ACT, SATor just general schoolwork, many students could use support to do their best in different subjects. Become a resource that helps students succeed in the classroom, and many parents will likely be willing to pay you for the help.

Related: To Rapidly Enhance Your Business, Stop Selling and Start Teaching

24 Business Ideas That Could Be Worth Millions (21) courtneyk | Getty Images

Outsourced Assistant

Well-paid CEOs do not have the time or energy to worry about many of the administrative tasks that can come with the job.If you can give wealthy people their time back by acting as an outsourcd assistant, many will be more than happy to compensate you appropriately.

Related: What Successful Entrepreneurs Outsource to a Virtual Assistant

24 Business Ideas That Could Be Worth Millions (22) Hero Images | Getty Images

Reviewer

Believe it or not, you can turn a profit off of beinga "professional reviewer," or someone who reviews products by publishing thoughts about them online. It will take some time to gain some domain authority, but after a while, you could become a thougth leader in your space.

Related: A Top TripAdvisor Reviewer Talks About How Reviews Work, for Good and Bad

24 Business Ideas That Could Be Worth Millions (23) Thomas Barwick | Getty Images

Life Coach

Becoming a life coachis as simple as determining which of yourpast experiences you can use to provide value to others. Whether it is providing actionable strategies or general advice, you can likely find a niche as a life coach or mentor.

Related: The 10 Best Cities For Starting a Life-Coaching Practice

24 Business Ideas That Could Be Worth Millions (24) scyther5 | Getty Images

Website Designer

There are plenty of companies and professionals out there who want a website to represent them online but don't have the skills to create it. Manyare more than willing to pay for a quality website that will better display their brand image.

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FAQs

Which business is best for millionaire? ›

Here we will talk about 10 business ideas that can make you a multi-millionaire.
  1. Create an Affiliate Website. ...
  2. Launch an Insurance Company. ...
  3. Start a Business Consultancy Service. ...
  4. Develop an Eco-Friendly Business. ...
  5. Launch a Digital Marketing Agency. ...
  6. Start a Highly-Rated Legal Service. ...
  7. Launch Content Writing Services.
Nov 3, 2021

What business idea is most profitable? ›

Most Profitable Business Ideas
  • Business Consulting. If you're an expert in your industry and have been working at it for years, you should consider consulting. ...
  • IT Support, Technology Consulting, and Repair. ...
  • Cleaning Services. ...
  • Accounting and Tax Preparation. ...
  • Auto Repair. ...
  • Real Estate. ...
  • Online courses. ...
  • Marketing and PR Services.

What is the most profitable business in 2022? ›

Let's get started!
  • Identifying the most profitable small businesses.
  • #1. Business Consulting.
  • #2. Real Estate Agents.
  • #3. Cleaning Services.
  • #4. Social Media Management.
  • #5. Creating Online Courses.
  • #6. Start a Small Business that Makes Candles or Soap.
  • #7. Payroll Services.
Aug 9, 2022

How can I get rich in 5 years? ›

How to become wealthy in 5 years: 14 strategies
  1. Become Financially Literate Through Self-Education.
  2. Spend Less, Earn More, Invest the Difference.
  3. Do Something You Love.
  4. Invest in Properties.
  5. Build a Portfolio of Stocks and Shares.
  6. Focus on Contemporary Areas of Growth.
  7. Be An Innovator.
  8. Do Quarterly Goals & Reports.
Aug 26, 2022

What can I invent to become rich? ›

12 Inventions That Could Make $1 Billion
  • Energy storage. A man installing solar panels | iStock.com. ...
  • Asteroid mining. ...
  • Wireless electricity. ...
  • Cheap, portable water filtration. ...
  • Superior carbon capture tech. ...
  • Superior fracking tech. ...
  • Reverse microwave. ...
  • (Good) meatless meat.
Oct 24, 2016

What are the top 10 most successful businesses? ›

This can lower or even outweigh potential returns.
  • #1 Apple Inc. (AAPL)
  • #2 Microsoft Corp. (MSFT)
  • #3 Industrial And Commercial Bank Of China Ltd. (IDCBY)
  • #4 China Construction Bank Corp. (CICHY)
  • #5 Alphabet Inc. (GOOGL)
  • #6 Agricultural Bank of China Ltd. (ACGBY)
  • #7 JPMorgan Chase & Co. ...
  • #8 Alibaba Group Holding Ltd.

What business will grow in 2022? ›

The fastest growing small businesses in 2022
  • Residential remodeling. ...
  • Home health care. ...
  • Animal care and services. ...
  • Digital events. ...
  • Wedding businesses. ...
  • Neighborhood or online nursery businesses. ...
  • Tutoring and online learning. ...
  • Food delivery.

What business can make you millions? ›

Some businesses have more earning potential than others.
...
9 best million-dollar business ideas
  • B2B products and services. ...
  • Online education. ...
  • Wellness offerings. ...
  • Food delivery services. ...
  • Wedding services and products. ...
  • Dropshipping business. ...
  • Food truck. ...
  • Subscription model business.

Which business can make me a billionaire? ›

Ans. Real estate, consumer and retail, and financial services are the top three businesses that produce billionaires.

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