IDEAS THAT’LL MAKE YOU A MILLIONAIRE IN FOUR YEARS OR LESS
While the growing population will obviously need people to grow fruits and vegetables, raise livestock, or start a fish farm to meet their needs, there’s an interesting trend happening. For just the second time in the last century the number of farmers under 35 years old is increasing.
Between 2012 and 2017 the number of cyclists/bike riders has increased from 51 million to 66 million. With so many people interested in bicycling, there’s a need for someone to sell, rent, or repair them.
But, depending where you live, this could be more of a seasonal business. If so, consider opening a bicycle storage business so that riders don’t have to transport them back-and-forth.
With just a couple of dollars you can start your own blog. Ideally, your blog should be something that you’re knowledgeable or passionate about. If so, you can start selling educational/educational content or become an affiliate partner.
If you’re charismatic, then launch your own YouTube channel. It’s actually the norm for YouTube celebrities to pull-in six-figures annually.
Currently, twenty-nine states and the District of Columbia have laws broadly legalizing marijuana in some form. As such, the cannabis industry is growing rapidly. This includes everything from growing to distributing cannabis, as well as lesser known opportunities.
This can include creating beauty products from cannabis to running tours of relevant destinations to building your own social network.
“Where 10 years ago every company needed a website and five years ago every company needed an app, now every company needs to embrace messaging with AI and chatbots,” said ChatBot expert Murray Newlands.
Creating chatbots may sound too complex, but thanks to tools like Chattypeople you can easily build a Facebook bot without having any previous coding knowledge.
Forbes reports that “five of the 10 fastest-growing industries in small business are tied to construction. Contractors involved in site preparation, foundations, utility lines, remodeling and mechanical equipment installation all have been growing sales notably faster than the 8.5 percent average for all small businesses.”
Even businesses related to cleaning services and pest control are growing rapidly.
BI Intelligence expects the sales of drones to surpass $12 billion in 2021. “That’s up by a compound annual growth rate (CAGR) of 7.6 percent from $8.5 billion in 2016.” The growth is expected to occur in the following industries; Consumer Drones, Enterprise Drones (aka Commercial Drones), and Government Drones.
You could capitalize on this trend by stating a drone-based business like sales, customization, repair, training, photography, mapping, surveying, and security.
Combine living in a global marketplace with the low-cost of building an online storefront and decreasing transaction rates and you can see why eCommerce websites are flourishing. To get started, do a little research by seeing what’s popular on Google Trends, eBay, and Amazon.
There are approximately 75 million Baby Boomers in the U.S. alone. Additionally, the Gen X population is projected to outnumber the Boomers by 2028. That means launching a business that aids the elderly will be in great demand.
Americans spent an impressive $62.75 billion on their pets in 2016. That amount is expected to increase to $96 billion by 2020!
While companies like Oculus Rift and Magic Leap are spending millions in developing their virtual reality products. You could probably cash-in on the trend with little investment