So, you want an updated, 2021 list of the Most Profitable Businesses. Okay, we’ll give you a list…and then we’ll tell you exactly why that list doesn’t really matter when it comes to YOUR success.
Keep in mind that there are thousands of business opportunities, and Google search results fluctuate all the time. The list I’m about to give you here is based on the average business startup cost, the average time for the business to become profitable, and the average chance that the business will still be functioning in five years. This Top 10 List will be different depending on when the search is completed and when the data was last updated and compiled. You asked for it, so here we go:
10. Create and sell handmade goods
09. Become a freelance writer, designer, or developer
08. Flip your thrift store/dollar store purchases for profit
07. Curate subscription boxes
06. Teach an online course
05. Become a virtual assistant
04. Become an affiliate marketer
03. Start a blog
02. Launch a drop shipping store
01. Build apps and websites for other businesses
Bonus: The Top 5 Reasons Why the List Above Doesn't Matter
05. Success depends on many factors, and choosing a business on a Top 10 list is NOT one of those factors.
04. There are thousands of other businesses not on this list that can be (and are) very successful.
03. This list will change every day. It can’t be regarded as “accurate”.
02. Your business must fit your strengths, abilities, and personality to be successful and enjoyable for you.
01. You might not know much (or anything at all) about any of those top businesses. Actually, you may not know anything about running any kind of business, and you don’t have anyone with a proven track record to mentor and train you.
There are many steps involved in starting any business that will require your focus, determination, and commitment to complete. Preparation is absolutely essential, but a staggering percentage of entrepreneurs just “jump right in” without any preparation. Or knowledge. Or goals. Or even a clue of what to expect when they dive in head first.
If you are serious about starting a business, the FIRST thing you have to do is LEARN ABOUT THE BUSINESS you’ve chosen.
Learn First. Start Second. Never the other way around.
If a boxer steps into the ring for a prizefight without training, conditioning, and learning about their opponent, they will most likely lose...even if they are a superior fighter. Get it? Learn First. Start Second.
Honestly, it can be difficult and time consuming to LEARN FIRST. How do you find a “niche” that’s right for you? How do you evaluate products and services that you could provide? How do you know if your business will bring in profit? How do you attract customers to your business? Where do you get your product or your raw materials? How do you know what your competitors are doing now, and what they are going to do next? How do you analyze your business for results? What business laws do you need to know? How do you choose the software and other tools that you will need? How should you schedule and manage your time?
Yes, it’s a lot, and it can seem overwhelming. If you start searching online for real business answers, prepare yourself. You will find millions of search results that give high level, general information, much of which is outdated or irrelevant to what you are trying to learn.
I’ve been there and done that. Spending 8 hours online trying to track down a real answer to only one simple question is not the best use of your time and energy. Making a habit of trying to learn about business by searching for all of you answers online will dampen your enthusiasm and increase your frustration. There is a better way to LEARN FIRST, and yes, I’m going to tell you exactly what it is.
Before you start an online business, you should LEARN FIRST by finding a successful Business Mentor who has already arrived where you want to go. It doesn’t matter if your mentor speaks with you in person, over an online meeting, or in a group with other likeminded people. The ability to ask questions, get real answers, and receive the experience and motivation of a mentor is priceless. And business owners who start their business with the guidance of a mentor are statistically more likely to have a successful business in the long term.
We know that when you want to start a business, the last thing you need is more pressure. So we’re going to take all of the pressure off of you, right now.
You need to learn about online business. You need mentors with proven track records, who are already successfully doing what you want to do. You need them to explain and teach, and save you tons of time on your learning curve. You need them to prove what they’ve done, and prove what they can help you achieve.
We agree with you. So, we’re going to hook you up with the best online business mentors and trainers at an online event that you can attend from anywhere. And the best part? The event is 100% free. No charge. No catch.
Take our completely free challenge…we are certain that you will learn more about selecting and starting an online business in 1 hour with us, than you would in 1 month on your own!
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