5 Most Profitable Business Ideas for 2021 (To become a millionaire)

https://www.youtube.com/watch?v=0K63TUtminA

00:00:03
What are the most profitable businesses  you can start right now? Businesses that   do not require a lot of capital. Of course, if you have a million   dollars in your bank account, you have  a lot of options. But what if you don't.   What if you have just a few thousand dollars  or a few hundred dollars? What should you do? Can you start a profitable business  with as little as a few hundred dollars?   How much can you earn from such a business? We will answer all of these questions and many  more, so give this video thumbs and let's start   with the first one.
 digital marketing Before you turn off this  video, please hear me out.  I am going to explain to you how you literally  can make millions of dollars by starting   a tiny small digital marketing business. Don’t  worry I am not going to sell you any course.  I have friends who actually run such businesses,  and before writing this script, I talked to them   just to make sure that I am presenting you  with the most accurate information possible.  Here is how it works. What is the one thing  that every business in the world wants?  Sales! If you can help   any business to increase their sales, they  are willing to pay! the higher the sales,   the more they are willing to pay! And  doesn't matter what business is that! That's why businesses spend a lot of money on  marketing, branding, building nice stores to   attract customers, and so on. But most,  especially small businesses, don't have   the resources to have an entire digital marketing  team, and here is where you come into the picture. Let's say it's a corner shop that sells glasses.   Their clients are the people who live around that  place or accidentally bumped into their website   when googling glasses. However, if  more people knew about their products,   they could double, triple, or even  grow their sales by over ten times.  Of course, anyone can put ads on Facebook,  youtube or Adsense, but not everyone can put   effective ads that turn into sales. And  that’s what you have to learn to do.   It's not easy. It's going to take you some time to  master that skill. You might need to spend a few   hundred dollars testing different strategies  until you learn what works and what doesn’t.
00:02:16
You can literally go to any business owner and  tell him, here is how I can increase your sales   by 30 percent, but I will take 1/3 of  the profits of all the sales I deliver.   Any business owner would gladly work with you.  to prove that you can put effective ads, you can   give them a free trial. Of course, that business  owner can learn to do that by him or herself,   but when you have an entire business to run,  you don't have time for such things, it's much   cheaper just to hire someone who is good at that. It doesn't matter what is going to be the social   media of tomorrow. The foundations  of this business is going to stay..
00:02:57
2. crypto business The crypto world is filled with scams. I get  emails every single day to promote crypto products   that look very, very suspicious, but  because I love you and respect you,   I would never promote anything that  i wouldn't personally use. However,   that doesn't mean there isn't  any opportunity in this field.
00:03:20
I believe that blockchain is at that stage  right now as the internet was right after   the dot com crash. Ten years from now,  most people will look back and say I wish   I started a business in this field.  Once this technology is widely used,   it will be too late to create something  really huge. Even if you started a simple   e-commerce website 15 years ago, you could  be making millions of dollars easily today.
00:03:47
But what kind of businesses  you can start with blockchain? Let's take an example of healthcare. One of  the biggest problems in the healthcare industry   is storing patient information. Doctors usually  need your medical history to be able to diagnose   your health accurately. But also patience health  details, identity details, and existence of fake   medicines in the supply chain. If you use  blockchain to store all that information,   no one will have access to patience medical  history without the permission of the patient.
00:04:20
Even if you end up visiting another  doctor, in a different country,   you can give that doctor access to your  medical history. Blockchain can also avoid   fake drugs in the market since each drug could be  safely tracked once its stored in blockchain. It   will make it easier and safer to trace the origins  of any drug, store them safely, reduce the cost,   and make the entire system more effective. There  are already a lot of startups in this industry,   but its not widely used yet. Now is the  best time to start a business in this field.  Healthcare and financial industry are only 2 out  of many industries where blockchain could be used.
00:05:00
You don't need a lot of money in  the beginning since most people   don't understand how the system works,  spending some time just to understand   how it works will already give you  a competitive advantage over others.
00:05:14
3. Online tutoring For the last 20 years, everyone was talking  about how worthless are college degrees,   but most people didn't care much. But after  a global pandemic, no one wants to pay these   astronomical tuition feels while getting  educated online. Whether we like it or not,   the process to move to online education  has begun, and this trend is only going   to grow this year. But you know what most  people don't like about online education.
00:05:43
You don't feel the connection with the teacher.
00:05:45
That makes the process a  little ineffective. I mean,   it's great when you are trying to reach a huge  number of people, but on a personal level,   most people want to feel that personal connection,  which is why online tutoring is on the rise.
00:06:01
In the past, it was a bit difficult since  the tutor had to come to your place,   but since online tutoring is getting widely  accepted, you can easily make a lot of money   as long as you are good in one field.
00:06:13
Are you good at math? Chemistry? Science?  There are millions of parents who will   pay if you help their kids learn faster. It's a little difficult to scale this business   unless you create a platform or hire other  tutors and start offering tutoring services   on different subjects, but it's a perfect  option if you don't have a lot of resources.
00:06:36
4. Start a fitness and wellness blog.
00:06:39
This is one of the businesses  that I personally want to start,   but I can't find time to do so since  I am busy running my other businesses.   With the rise of the global pandemic. People  are paying much bigger attention to their health   and turning to Instagram bloggers  who talk about fitness and health.  I personally invest a lot in my health by  working out at least three times a week,   making sure that my diet is as healthy as  possible, and jogging every morning. Maybe   one day, I will be making fitness videos on  youtube to share with you how I work out.
00:07:11
This industry is growing so fast that even  Apple launched dedicated fitness apps. When   Apple gets into an industry, it get’s serious. You don't have to work out for a few years before   you can get into this business. Start your journey  of getting into shape and share it with the world.   People love following people  with whom they can relate.   If you end up inspiring others to start working  out or taking care of their health, they will   forever be grateful and watch everything you  post. Then you can monetize this mass audience.
  5. Trade in Amazon
 Let me ask you a simple question?   What is the purpose of any business? Sales! Right? Any business exists to sell a particular product  or service. Some companies produce their products   while others, like that corner shop besides your  house, has a supplier. The job of the shop is to   sell! In fact, the job of any business is just  to sell. And Amazon is a platform where you can   sell pretty much anything you want. In fact,  you don't even have to manage your inventory.   It's all taken care by Amazon. But  how do I know what to sell on amazon? Have you ever heard of Alibaba?  It's like amazon but in China,   most of the products are often sold for a fraction  of what they usually cost in the United States.   You can find there anything from  gadgets to accessories to clothes   to everything else. Your job is to buy low  (from Alibaba) and sell high (in amazon).
00:08:40
It's not easy because you don't know what is  in demand, but after some market research,   you can figure that out. That's what  every business does. They study the market   and try to come up with a product that  is in demand. t's time-consuming. You   will have to spend an endless number of hours  to find the right product at the right price.
00:09:01
That's how people make fortunes with amazon, it  is not as easy as it was in the past since every   single year, the competition gets stronger,  but there are still plenty of opportunities.
00:09:12
All of the business we discussed are practical.  You don't have to be a genius or have   millions of dollars to start. But you need the  discipline and dedication to push yourself every   single day to make it happen. Don't try them  all at the same time. You will definitely fail,   chose one of them and give it your best. Even if  you have a full-time job, start by spending a few   hours after your job. Once you grow the business  to the point where it could pay the bills,   you can decide to quit your job if you  want and further grow the business.
00:09:46
If you have enjoyed this video, you will  most definitely enjoy this custom playlist   that I have created specifically for you that has  our most popular videos on business and investing   that can potentially change your life. And now give this video the thumbs   up that it deserves, and make sure to  subscribe if you haven't done that yet.  Thanks for watching and until next. what are the most profitable businesses you can start right now businesses that do not require a lot of capital of course if you have a million dollars in your bank account you have a lot of options but what if you don't what if you have just a few thousand dollars or a few hundred dollars what should you do can you start a profitable business with as little as a few hundred dollars how much can you earn from such a business we will answer all of these questions and many more so give this video a thumbs up and let's start with the first one number one digital marketing before you turn off this video please hear me out i'm going to explain to you how you literally can make millions of dollars by starting a tiny small digital marketing business don't worry i'm not gonna sell you any course i have friends who actually run such businesses and before writing this script i've talked to them just to make sure that i'm presenting to you with the most accurate information possible here's how it works what is the one thing that every business in the world wants sales if you can help any business to increase their sales they're willing to pay the higher the sales the more they're willing to pay and it doesn't matter what business is that that's why businesses spend a lot of money on marketing branding building nice stores to attract customers and so on but most especially small businesses do not have the resources to have an entire digital marketing team and here is where you come into the picture let's say it's a corner shop that sells classes their clients are the people who live around that place or accidentally bumped into their websites when googling glasses however if more people knew about their products they could double triple or even grow their sales by over 10 times of course anyone can put ads on facebook youtube or adsense but not everyone could put effective ads that turn into sales and that's what you have to learn to do it's not easy it's going to take you some time to master the skill you might need to spend a few hundred dollars testing different strategies until you learn what works and what doesn't you can literally go to any business owner and tell him here is how i'm going to increase your sales by 30 for example but i will check one third of the profits of all the cells that i drive any business owner would gladly work with you to prove that you can put effective ads you can give them a free trial of course that business owner can learn to do that by him or herself but when you have an entire business to run you don't have the time for such things it's much cheaper to just hire someone who is good at that it doesn't matter what's going to be the social media of tomorrow the foundation of this business is going to stay number two crypto businesses the crypto world is filled with scams i get emails every single day to promote crypto products that look very very suspicious to say the least but because i love you and respect you i would never promote anything that i wouldn't personally use however that doesn't mean there is any opportunity in this field i believe that blockchain is at that stage right now as the internet was after the dot-com crash 10 years from now most people will look back and say that i wish i started the business in this field once this technology is widely adopted it will be too late to create something really huge even if you started a simple e-commerce website 15 years ago you could be making millions of dollars easily today but what kind of businesses you can start with blockchain let's take an example of healthcare one of the biggest problems in the healthcare industry is storing patient information doctors usually need your medical history to be able to diagnose your health accurately but also patients health details identity details and existence of fake medicines in the supply chain if you use blockchain to store all that information no one will have access to the patient's medical history without the permission of the patient even if you end up visiting another doctor in a different country you can give that doctor access to your medical history blockchain can also avoid fake drugs in the market since each drug could be safely tracked once it's stored in blockchain it will make it easier and faster to trace the origins of that drug store them safely reduce the cost and make the entire system much more effective there are already a lot of startups in this field but it's not widely adopted yet now is the best time to start a business in this field healthcare and financial industry are only two out of many many industries where blockchain could be used you do not need a lot of money in the beginning since most people don't understand how the system works in the first place spending some time just to understand how it works will already give you a competitive advantage over others number three online tutoring for the last 20 years everyone was talking about how worthless our college degrees but most people didn't care much but after a global pandemic no one wants to pay these astronomical tuition fees while getting educated online whether we like it or not the process to move to online education has begun and this trend is only going to grow this year but you know what most people don't like about online education you don't feel the connection with the teacher that makes the process a little ineffective i mean it's great when you are trying to reach a huge number of people but on a personal level most people want to feel that personal connection which is why online tutoring is on the rise in the past it was a bit difficult since the tutor had to come to your place but since online tutoring is getting widely accepted you can easily make a lot of money as long as you're good in one field are you good at math chemistry science there are millions of parents who will pay if you help their kids to learn faster it's a little difficult to scale this business unless you create a platform or hire other tutors and start offering tutoring services on different subjects but it's a perfect option if you don't have a lot of resources number four start a fitness and wellness blog this is one of the businesses that i personally want to start but i can't find the time to do so since i'm busy running my other businesses with the rise of global pandemic people are paying much bigger attention to their health and turning to instagram bloggers who talk about fitness and health i personally invest a lot of my health by working out at least three times a week making sure that my diet is as healthy as possible and jogging every single morning maybe one day i will be making fitness videos on youtube to share with you how i work out this industry is growing so fast that even apple launched dedicated fitness apps when apple gets into an industry it gets serious you don't have to work out for a few years before you can get into this business start your journey of getting into shape and share it with the world people love following people with home they can relate if you end up inspiring others to start working out or taking care of their health they will forever be grateful and watch everything you post then you can monetize this mass audience number five trade in amazon let me ask you a simple question what is the purpose of any business sales right any business exists to sell a particular product or service some companies produce their products while others like that corner shop besides your house as a supplier the job of that shop is to sell in fact the job of any business is just to sell and amazon is a platform where you can sell pretty much anything you want in fact you don't even have to manage your inventory it's all taken care by amazon but how do i know what to sell on amazon have you ever heard of alibaba it's like amazon but in china most of the products are often sold for a fraction of what they usually cost in the united states you can find there anything from gadgets to accessories to clothes to everything else your job is to buy low and sell high it's not easy because you don't know what is in demand but after some market research you can figure that out that's what every business does they study the market and try to come up with a product that's in demand it's time consuming you will have to spend an endless number of hours to find the right products at the right price that's how people make fortunes with amazon it's not easy as it was in the past since every single year the competition gets stronger but there are still plenty of opportunities all of the businesses we have discussed are practical you don't have to be a genius or have millions of dollars to start but you need the discipline and dedication to push yourself every single day to make it happen don't try them all at the same time you will definitely fail choose one of them and give it your best even if you have a full-time job start by spending a few hours after your job once you grow the business to the point where it could pay the bills you can decide to quit your job if you want and further grow the business if you have enjoyed this video you will most definitely enjoy this custom playlist that i have created specifically for you that has our most popular videos on business investing that could potentially change your life now give this video the thumbs up that it deserves and make sure to subscribe if you haven't done that yet thanks for watching and until next time you

Source : Youtube