Did you know that only 15% of the world population like their jobs and the rest are not happy with their work?
It’s a long debate why people hate their jobs, and don’t worry; we’re not going into this debate. We know the tough environment of offices how some bosses treat their employees and demotivate them.
If you also want to quit your job but scared due to little familiarity with the business world, then you’re at the right place.
This article will help you find out the most profitable business ideas suggested by Business consultant Adrian Fox. These ideas will help you find the best path (profitable industry) to start a business in 2021.
Food Business
There is no doubt the food industry is one of the most profitable business industry. As stated by Allied Market Research, the food industry is assumed to reach $931.7 billion by 2027.
That’s why according to Adrian Fox food business is a golden nugget for those who know the art of cooking. You can invest your money in a food truck, or the better solution is to set up an online food business.
Thanks to technology, there are many apps for food delivery. With the help of apps, you can start a small food business. It means no worry about finding a place to open a restaurant in the beginning.
Domain or Website Flipping Business
Domain flipping and website flipping both are profitable businesses and can give you 40% or more profit in a short time. The only condition is you’ve to work hard for both to make this percentage of profit.
For a domain flipping business, you need to buy some high-quality expired domain. Then, after buying them, you can sell them at whatever price you want.
Website flipping business is about buying a website at low cost, improve the quality of the website and then sell them at a good price.
Note:
First and foremost, never start a business without knowledge. So learn about website and domain name. How both works? And how can you find quality domain names and good websites?
Freelancing
The boring same Job timing is one of the biggest reasons why people hate their job. And freelancing is the only way to work remotely.
Freelancing is the fastest-growing industry in the world. The benefit of being a freelancer is you can sell any of your skills and earn as same or more than a full-time worker at the beginning.
Yeah, you read right. According to the Upwork report, 75% earn equal or higher than a traditional employer. It’s not only about freelancing. You can also freelance your business by starting your own online business with a small team of skilful people.
Electronics Repair
In the 21st century, almost everyone has multiple devices like mobile, tablet, laptop, smartwatches, etc. The quantity of devices makes electronic repair a profitable business.
It’s a truth that we can’t live without mobiles and laptops for even one week. And that makes the US market of mobile repairing worth $4 billion in 2021, reported by IBIS World. To start this business, you need a workplace and equipment to use while repairing.
In case you don’t know about repairing. You can still learn mobile repairing through some online courses or from the institute.
Interior Designing
Everyone wants a beautiful home to live in. That’s the point where an interior designer comes and helps through his creativity and design a gorgeous home.
Suppose you’re a person who’s qualified to be an interior designer and likes to decorate “dull” houses to sophisticated ones. Then it might be a great opportunity for you to start an interior designing business.
Yeah, you don’t have to spend a lot of money, in the beginning, compare to others businesses. But, it is a little tricky to start this business.
You’ve to consider many factors like marketing of services, portfolio, and many more before starting a business.
T-Shirt Design
T-shirt designing business is an opportunity for people to start a brand. So, no doubt it’s a profitable business idea to start a small T-shirt design business.
Another benefit of this business is that it doesn’t need a big investment for small startups initially.
You just need to choose a niche and use your creativity. After making the design use your website or Amazon, ETSY, and set up your online store and sell t-shirt.
Note:
It’s not only about T-shirt designing. You can customise hats, sweatshirts, and much more.
Small Cafe
A small cafe sounds fascinating, right, but this business needs both experience and money. Without it, it’s difficult to handle it. So lucky you if you have experienced and know how cafe works.
Did you know only Americans drink 400 million cups of coffee daily? And most of them prefer to drink cafe coffee. So hopefully, now you can assume how big this industry is.
Despite all profits, one needs a lot of research and experience to start a cafe. So if you’re thinking to open a cafe, first researching other cafes, how do they work? Then open a cafe business.
Elder Care Service
There are many countries, such as the US, where the number of elderly people will outnumber the number of children by 2030.
This situation is also an opportunity for people who wants to start a business. For example, you can initiate an elder care service and make a good profit through it.
Conclusion
These are all the ideas that Business consultant Adrian Fox suggests for people who don’t want to spend their life following the same job routine.
No doubt, office environment and politics can demotivate any person. Nevertheless, bear in mind that business needs more time and hard work than a job.
When someone starts a business, he has to take care of all problems alone at the start. However, this is something you have to be prepared for before starting a business.
The only difference between job and business is. In business, you’ll receive the fruitful result of your hard work.
