15 Business ideas that can make you a Millionaire

The best way to get a good idea is to get lots of pictures, said Linus Pauling, and his wise words are as actual today as they were over 50 years ago when he first uttered them. Suppose you’re an aspiring entrepreneur looking to realize your business dreams. In that case, you need to have a wide range of ideas—otherwise, you won’t be able to find the best one to launch your business into million-dollar status. 

Here are fifteen proven business ideas that can make you filthy rich—if you choose them wisely and execute them even more wisely.

1) Buy an existing business

The first step to becoming a millionaire is buying an existing business. Entrepreneurs have many great opportunities to buy companies to scale up their ventures and increase profits. For example, many small bakeries and grocery stores sell for less than $100,000, which has enormous potential. 

Many untapped markets are available in large cities like New York, Chicago, and Los Angeles. If you want something less expensive, consider buying an online store or franchise with a more national presence. The key is finding the right business opportunity with the correct price tag to get your million-dollar idea off the ground!

2) Start a subscription service

In this digital age, convenience is king. With the rise of subscription services like Netflix, food delivery services like Blue Apron, and clothing subscriptions like Stitch Fix, getting what you need without leaving your home has always been challenging. Start your subscription service! 

All you need are supplies and an idea for something people want but want to do something other than themselves (i.e., laundry). Remember that the key to success is quality customer service--your customers will be happier if they feel valued.

3) Create a digital product

Digital products are low-cost, don't require an upfront investment, and have the potential to make big profits. The best part? They don't even have to be physical! Create everything from ebooks to online courses and membership sites. You don't need any prior experience to get started, but it's essential to determine if there's enough demand for your product before investing your time and money. 

One of the easiest ways to do this is by using Google AdWords Keyword Tool to see what people are searching for on Google. Another way is by asking friends and family members what they want or need; then using those words as keywords when creating content.

4) Sell physical products

Physical products are the most popular form of online product sales. They include tangible items like books, clothing, food, and jewelry. Selling physical products is also one of the best ways to make money on the Internet because there are many different methods for selling them. The easiest way to sell physical products is by creating your e-commerce website.

Some companies will handle everything from shipping your product to customer service, so all you have to do is focus on marketing and making sales! Along with selling physical products on your website or through an existing marketplace, there are many other ways to sell your product with little investment in time and money.

5) Invest in real estate

Real estate investment is one of the oldest and most popular profit methods. Buying a property, renovating it, and selling it for more than you paid is how many people can become millionaires. It's also an easy way to diversify your portfolio and simultaneously get exposure to different sectors. 

Property values fluctuate, so there's no guarantee of return on investment. You have to buy property, fix up the space and try to get tenants in place before you sell. There are other avenues if you're looking for something less risky with faster returns.

6) Build an app

Let's say you want to start an app. 

First, figure out what the app will do and who it is for. 

Second, develop a concept and get feedback from potential users or investors. 

Third, design the app and find developers to help build it.

Fourth, market your new app once it's built. 

Fifth, launch the app and refine it based on user feedback if necessary. 

Sixth, continue to update your product according to emerging trends in technology or customer needs. 

Seventh, repeat steps four through six until your company is successful enough to make you a millionaire!

7) Create a software program

1. Create an app. Many people are using apps to help them with their everyday lives. If you have an idea for an app, then create it! In this day and age, building software is easier than ever before. Many platforms like Android Studio and Xcode are available to get started. Check out tutorials online to learn how to create your app.

2. Make clothes or furniture on Etsy or eBay. You could always try selling items on Etsy or eBay if you have the skills in handcrafting clothes or tables (or know someone who does). It takes time, patience, creativity, and talent - but some people make it work for them!

8) Invest in cryptocurrency

Bitcoin is one of the most popular cryptocurrencies. It's decentralized, meaning it's not controlled by any government, country, or company, and its supply isn't finite. This makes it an attractive investment because there's no limit to the amount of Bitcoin available.

The market for Bitcoin is volatile and risky, but if you're willing to take on that risk, huge rewards will also be made. A recent estimate from Forbes states that 1 in 100 people who invested in Bitcoin in 2013 has become a millionaire as of 2017!

If cryptocurrency isn't your thing, other excellent investment opportunities include becoming an angel investor or investing in penny stocks. These investments have higher risk with lower reward potential than others, so do your research before deciding which ones are right for you. Investing in real estate:

 Many people prefer not to manage their properties because they don't have time or don't want the hassle. Fortunately, there's a way around this issue with real estate investment trusts (REITs). These trusts allow investors to put money into multiple properties without spending time researching them themselves. 

These shares come with low maintenance costs and provide steady income yearly as rents rise with inflation. Real estate has always been considered a solid long-term investment option due to its scarcity - even more so now that property values keep increasing!

9) Start a YouTube channel

I'm an entrepreneur, and I started my first company in college. Over the years, I've had the opportunity to work with many aspiring entrepreneurs and help them start their businesses.

I also have experience with startups and know how to navigate the startup world. With every successful company I've helped launch, people often ask me what they should do next. I am writing this blog post listing 15 of the best business ideas to allow you to quit your day job and become a millionaire. 

If one of these sounds like something you would be interested in pursuing, consider it before making your final decision. Remember, there is no right or wrong answer--it's all about what works for you!

10) Create an online course

Do you want to start your own business but need help figuring out where to start? 

Do you have an idea but need some direction and guidance?

Do you want to quit your job and work for yourself but feel lost in the process? 

Are you passionate about something but need to know how or where to go with it?

I'm here to help. I've created an online course for people looking for ways to launch their profitable businesses. The system is divided into three modules: Business Idea, Business Plan, and Execution. 

My goal is to teach people how to use entrepreneurship to live the life they love. 

In module one, I'll walk you through 15 business ideas to make you a millionaire. Each picture includes a video and worksheet so you can understand the basic concept behind each business. 

In module two, we'll build out your plan from scratch- figure out what needs to be done by when so there's no guesswork involved. 

And in module three, we'll execute everything on paper, so everything is clear and smooth about making things happen. You'll walk away from this course knowing what steps to take next!

11) Offer consulting services

Are you interested in starting your own business but need to know what it should be? I have many years of experience in entrepreneurship, with expertise in consulting, so I am confident that I could help you. Whether this is your first time venturing out on your own, I would happily offer my guidance and advice to get you started. 

I'm available for consultation by phone or Skype during office hours (9 am-5 pm EST). 

To learn more about my services, email me at! I always wanted to start my own business but needed help finding an idea worth doing. Then one day, I had the idea of offering small business consulting services because we all need someone who knows how these things work occasionally! 

So now people hire me to run their companies and advise them on how they can be more successful. It has been advantageous to work with so many different people from all over the world!

12) Write a book

Becoming an influencer is one of the best ways to make money online. With millions of people on social media, there is potential to earn thousands of dollars each month just by posting content and promoting products. You can even build your brand on social media and become an influencer who makes money from affiliate marketing agreements, sponsored posts, and advertisements. 

Becoming a social media influencer will take time and effort. Still, it's worth it because it provides passive income and the possibility of making six figures annually with some work.

13) Launch an e-commerce store

One of the best businesses to start is an e-commerce store. You don't need any inventory, and there are no shipping costs. All you need is creativity and the ability to find quality products at reasonable prices. With an e-commerce store, it doesn't matter where your customers live because they only have to use their credit card to purchase your products! 

There are lots of great platforms available for starting this kind of business, including Shopify (free), BigCommerce (costs $29/month), and Magento ($59/month). If you want to start with something small but will still help generate income while building up your brand, consider selling t-shirts with custom designs on them. 

They're easy to create using sites like TeeSpring ($25/month), CustomCat ($24/month), or CafePress (free). Once your shop is set up, start creating ads for social media like Facebook ads or Instagram stories, which allow users to shop directly from within the app itself.

14) Become a social media influencer

Growing your social media following is an excellent way to start making money. You could create YouTube videos and promote them on your Facebook page or post photos of your travels on Instagram to generate revenue through sponsored posts. If you have a knack for developing innovative products, consider launching an online store where people can buy the items you've invented. 

And if none of these sounds like the right fit, there are plenty more opportunities to explore: on sites like Upwork and Fiverr, you can find clients in all fields who will hire you as an independent contractor to work on projects they need help with.

15) Invest in a franchise

Investing in a franchise might be the answer if you're looking for an easy way to start your own business. Franchises are often multi-million dollar businesses, so starting from scratch is usually less risky than buying into one. Plus, franchises typically have existing systems and procedures in place, so there's less work for you to do on the front end.

Investing in a franchise might be the answer if you're looking for an easy way to start your own business. Franchises are often multi-million dollar businesses, so starting from scratch is usually less risky than buying into one. Plus, franchises typically have existing systems and procedures in place, so there's less work for you to do on the front end.