January 04, 2023 - 358 views
A Little Under a year ago contributor to Entrepreneur.com John Rampton published an article outlining "24 Business ideas that could be worth millions". In this article John explains that the advances of the internet have in many ways democratized admission to the world of entrepreneurship. Almost anyone from virtually anywhere in the world (provided internet access), creators can launch real, viable businesses capable of generating millions. At the top of the list are new and evolutionary ideas like online Influencer or Online Course creator. Which at one point in time held no esteem in societal eyes, but is now seen as a legitimate business than can generate millions. The idea here is that generating wealth can stem from something as small as making great social media content or sharing ideas that help others generate wealth as well. Below we'll share John's other 22 reported business ideas that can generate millions.
1) 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's workflow to save time and money.
2) 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.
3) 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.
4) 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.
5) Social Media Manager
You can run social media accounts for a number of different companies if you market yourself well. Advertise your ability to drive sales and increase ROI by leveraging the reach of multiple social channels.
6) Online Influencer
It's a common dream 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.
7) Affiliate Marketing Partner
Affiliate marketing is a partnership that bloggers, content creators or marketers can have with an online retailer. The retailer pays a commission for every referral sale the partner sends their way.
8) Event Planner and Promoter
Restaurants, clubs and 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.
9) 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.
10) 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.
11) 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, documents and presentations.
12) Website Flipper
Using Flippa or 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.
13) 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.
14) 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.
15) 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 people who are looking to get in shape -- and looking for someone to push them in the right direction.
16) 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.
17) 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 charging clients for managing their spend.
18) Tutor
Whether it is for the ACT, SAT or 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.
19) 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.
20) Life Coach
Becoming a life coach is as simple as determining which of your past 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.
21) 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. Many are more than willing to pay for a quality website that will better display their brand image.
22) 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 simple chatbot.
23) 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.
24) NFT/Crypto Trader
Now this last one is from us, creating a dope NFT collection and getting crypto investors to invest in your collection or teach you day trading can be very lucrative and in the last year NBC reported 17 Billion dollars traded in NFTs in 2021.
