The top 10 business ideas that generated billions of dollars in revenue initially seemed too trivial to implement, but ended up exceeding all expectations and generating the kind of profits that large businesses dream of.
Thanks to the rich imagination that helped turn “heaps of garbage” into products and entire lines of business that did not previously exist, these people became billionaires. A huge role in the development of the success of these people was played by amazing hard work and self-confidence, thanks to which no criticism could turn them off the chosen path to success. In today's high-tech world, we need less junk and more a good idea to make a valuable invention. This is clearly demonstrated by the list of 10 inventions that made the business of their authors profitable and earned billions. Five out of ten inventions were made in America. Others came from all over the world, from Thailand to Germany.
1.Michelle Ferrero and family. Europe. Net worth: $10 billion
The family's business is profitable because they have made chocolate part of breakfast, selling chocolate butter for sandwiches and toast.
The Ferrero family, led by Michel, is one of Europe's largest chocolate producers. Their brands include Ferrero Rocher, Nutella, Tic Tac and Kinder Eggs. Now the family is expanding its activities towards Asia, especially China. Michel Ferrero lives in Monte Carlo, his sons live in Belgium.
2. Brad Hughes. Net worth: $5.3 billion
This profitable business is built on the idea of installing automatic storage lockers along highways for everyone.
Brad's company Public Storage is the largest storage company in America in terms of storage services. It has 2 thousand branches. Brad was working as a senior manager at Property Research, a real estate syndicate, when he decided to start his own luggage storage business. Hughes is one of America's biggest philanthropists and is fighting childhood leukemia. The billionaire donated over $200 million to the Parker Hughes Cancer Treatment Center in St. Paul. The center was named after his eldest son.
3.Ralph Lauren. Net worth: $5 billion
The idea of taking an ordinary polo shirt, sticking a horse tag on it and pricing it at 50 bucks made R. Lauren's business successful.
Born in the Bronx, the son of Russian emigrants, Ralph Lauren began his working career in a store, working as a clerk at Brooks Brothers. He left business school in 1967 to begin designing ties for Beau Brummel. That same year, he borrowed $50,000 to launch his legendary Polo. In 1994, he sold a 28% stake in his company to Goldman Sachs for $138 million. Lauren owns a ranch in Colorado and an estate in Jamaica.
4. Jeff Bizos. Net worth: $4.4 billion
The business is built on the idea of selling books online, saving buyers the time they spend going to bookstores.
The founder of Amazon.com, the world's largest online store, Bizos grew up in Texas and Florida. He became a computer wizard in Princetown and worked on Wall Street immediately after graduating from university. But at the age of 30, Jeff changed his life dramatically, deciding to start selling books online. His first office was located in a garage in Seattle. In 1997, Jeff became a billionaire. Mr. Bizos' lifelong passion is space flight.
5. Ty Warner. Net worth: $4.5 billion
The release of cute teddy bears with different touching names allowed Warner to achieve dizzying success in business. Bears are produced in very limited quantities and immediately become collector's items.
Warner is the press-shy owner of the Binny Bear brand. The son of a salesman, he dropped out of college to start selling plush toys. Binny bears were born in 1986 and immediately took the lead in their segment for many years. Warner invested the profits he made in real estate and even built the most expensive hotel in New York, the Four Seasons. Want to spend the night there? Prepare 30 thousand dollars!
6.Kaleo Juvidiha, Dietrich Mateschitz. Thailand, Austria. Net Worth: $3.1 billion, $3 billion respectively
Here we are dealing with the most profitable business in the field of soft drink trading. Business idea: Sell a sugar-caffeine-based energy drink rich in vitamin B for athletes and late-night partygoers.
Juvidiha and Mateschitz created Red Bull, an energy drink for young people interested in sports and an active lifestyle. Annual sales of this drink have already reached $3.4 billion. The co-owners of the brand (each owning 49%) acquired the Formula 1 racing team and two football teams: Red Bull Salzburg and New York Red Bulls. Yuvidiha also owns a chain of Thai private clinics and TC Pharmaceuticals ($170 million), which produces energy drinks in Thailand. Mateschitz is developing his own business projects related to aviation.
7.Mario Moretti Polygatto. Italy. Net worth: $3 billion
This fortune was made by producing shoes with small holes in the soles (protected from moisture by a special membrane) that relieve people of the smell of sweat in their feet. This seemingly obvious idea brought huge profits to the shoe business.
Mario is the founder of Geox shoes. The idea of “breathable” shoes came to the founder of the company in 1994 during a trip to the mountains of Nevada. The heat was unbearable, and to give his feet a chance to “breathe,” Polegatto punched holes in the soles of his sneakers. He tried to sell the idea to Nike, but the concern was not interested in the project. Now Mario's own company sells 16 million pairs of shoes a year. Even the Pope is among his clients. Polygatto is enjoying his success: he has bought two Lamborghinis, a Ferrari 360 Modena Spider, five Arabian horses and six antique Moto Guzzi motorcycles. In his free time, Mario makes... glasses.
8.James Dyson. Great Britain. Net worth: $1.6 billion
The success of this business is built on... a vacuum cleaner! It was the idea to create a vacuum cleaner that sucks up dust at incredible speeds - from 320 km/h to supersonic speed - that brought success to the business. Supersonic technology tightly packs dust and prevents it from being thrown out.
As a child, he studied English and played the bassoon, then went to art school to study design and engineering. He prepared 5,127 prototypes of his current vacuum cleaner, which he presented in England in 1993. This year, the Dyson DC12 vacuum cleaner became the most sold vacuum cleaner in Japan, ahead of local brands Sharp and Sanyo.
9.Hans and Paul Reigel, Germany. Net worth: $1.5 billion (each)
Fortunes were made by selling sweet gummies in all shapes and forms.
After World War II, brothers Hans and Paul rebuilt their family's confectionery factory. Now the annual turnover of their brainchild is $2 billion. Most of the varieties of candies were invented by Hans - he has more than 200 of them. Ideas for new forms usually come to him after reading comics or watching children's films.
10. Howard Schultz. Net worth: $1.1 billion
This is the most profitable coffee selling business. The idea: put a coffee shop on every corner in America.
The owner of the Starbucks chain of coffee shops and the king of coffee, Schultz grew up in Brooklyn, studied and played football at Northern Michigan University. He moved to New York and began selling mugs and pans from a Swedish cookware manufacturer. While traveling in Italy, Schultz was captivated by the idea of opening espresso bars. His bosses said no, and he took the risk of starting his own business in 1985. In 1992, Schultz began publicly trading his company's shares. Today, Starbucks has 12,000 coffee shops that serve 40 million Americans every week.
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Starting your own business always starts from an idea: and a beginner usually tries to implement what seems promising to him. An experienced businessman puts facts at the forefront and first thinks about the question of which business is the most profitable today.
The most profitable small business
Small forms of business are characterized by obvious advantages - mobility, relative freedom and opportunities for experimentation. Large business, on the contrary, is very clumsy and bureaucratic.
The most profitable types of small business in Russia include the resale of goods with low production costs and the provision of services.
Let's look at the issue from a practical perspective, and give examples of what the most profitable small business in Russia might be in the first case:
- Production of pillows. Purchase of materials: 250-700 rubles per pillow. Cost of one pillow: 1500-3000 rubles. Before taxes – 300-400%.
- Resale of smartphone accessories. Costs: wholesale purchase from China for 150-300 rubles. a piece. Final cost of the product item: 1000-2500 rubles.
The room for maneuver here is extremely large, because goods of any group can be purchased at cost and then sold on the market for much more.
Profitable business in the service sector
In economically developed countries, the service sector accounts for more than 75% of the economy in terms of the number of people employed in it. In Russia, this figure is significantly lower – less than 63%.
Profitable types of business in the service sector (according to Forbes rating)
| Type of business | Trends | A comment |
|---|---|---|
| Catering establishment | At the initial stage, the most profitable will be the establishment of a regular self-service cafe | It can be placed either in a separate building or on the territory of an enterprise. |
| Housing and communal services | In cities, the problem of maintaining proper sanitary, hygienic and technical condition of buildings, structures and public utility facilities is urgent. | If you provide the services yourself, you will be able to save on office rent. However, in this case you will not be able to provide the full range of services in this area. |
| Financial services | Placement of machines for paying pensions, transferring money by card number, servicing bank cards, accepting utility payments, etc. | The profitability of such a business directly depends on the city where it develops. |
The rating is based on information about three hundred thousand individual entrepreneurs and companies; each industry was represented by more than 100 firms. A specialized consulting agency analyzed the research results from 2003 to 2014.
The following types of services can also be quite profitable:
- tourist;
- rent;
- hotel;
- security;
- legal;
- entertainment;
- translation services.
Profitable types of medium and large businesses
A medium-sized business, compared to a small one, is somewhat limited in terms of profitability, but its volumes are larger, which means the final revenue is more significant. Another distinctive feature of medium-sized businesses is the need for initial investments.
Here are examples of the most profitable medium-sized businesses in Russia:
- construction company: sale of building materials, furniture, plumbing, provision of construction services;
- transport services: minibuses, cars for rent (highest income), taxis;
- retail chains: narrowly targeted theme stores or supermarkets;
- repair and installation services: characterized by 90 percent profitability;
- chains of sushi bars or cafes;
- network of pharmacies.
It would probably not be difficult for anyone to list the most profitable types of large-sized businesses:
- oil and gas sector;
- metallurgy;
- banking industry.
Profitable business in the village
Residents of rural areas have no less opportunities for developing entrepreneurship than residents of cities.
A clear example of establishing a profitable business in a village today is farming. Difficulties in developing such a business may arise due to the lack of a sales market, especially if the number of poultry or livestock is large. But even here a way out can be found, because if it is not possible to agree with local stores on supplies, then the products can be frozen in refrigerated chests and then sold on the market yourself.
Considerable profitability is also ensured for rural businesses based on growing in greenhouses the products needed by consumers at different times of the year. In winter, there will be demand for a variety of herbs (parsley, dill, green onions, cilantro, basil, celery), vegetables (cucumbers, radishes, tomatoes). In the summer, you can harvest potatoes, onions, carrots, and garlic, which you can then sell in the cold season.
The business of growing seedlings of raspberries, strawberries, currants, gooseberries and blackberries is also common. Good profits will come from the production and sale of medicinal teas on the market. True, in this branch of business it is important to know the usefulness and significance of various herbal plants and their combinations.
To summarize, we note that any business will be profitable if you do it correctly and continuously. And to do this, be sure to draw up a detailed business plan: while writing it, read the results of various studies and “walk” through your competitors.
And be sure to write everything down: after a month or two, these notes will help you evaluate what you have done and maintain the consistency of your intended strategy.
Profitable small business: Video
And, as always, all people want to know profitable types of business. If you are reading this article, most likely you are interested in opening your own profitable business, looking for what kind of business you can open, perhaps you have start-up capital, or maybe you are looking for how to create a profitable business from scratch.
In this post we will define most profitable types of small business, we'll see a visual rating of the most profitable types of business and finally find out what profitable types of business should be started by a young entrepreneur.
The most profitable business
The most profitable business is an ideal business, without competitors.
Here are his criteria:
- Lack of production capacity
- No work in progress
- Minimum warehouse stock, ideally no stock at all.
- There are no debtors and loans
- Efficient use of equity capital. Ideally, no capital is used at all.
- The number of employees is approaching zero.
- Full automation of business processes and business management systems.
- Low cost of production of your product or service, preferably zero
- No costs for selling products or services or a very low rate.
Profitable large business is based on the creation of services and goods that are vitally necessary for people living in civilization. The most profitable of them include:
- Energy resources (water, electricity, gas, oil, timber, metals, minerals, etc.)
- Food (meat, milk, grains, fruits and vegetables, it is advisable to have a monopoly on this)
- Information (media, Internet, telephony, etc.)
- Ideology (education, churches, religion, etc.)
- Real estate (land, buildings, islands and countries)
- Addictions (tobacco, alcohol, drugs, GMOs, food additives, psychotropic substances)
- Health (pharmacology, scientific institutes)
- Finance (banks, investments, stock market, precious metals, etc.)
Everything else already exists within the framework of this big business and is strictly regulated by major market players.
Based on this, we understand that the most accessible thing for most people is a profitable small business.
Profitable small business.
Many people confuse the concept of business with the self-employed population. A business, although small, is a system in which business processes are clearly established, automated and do not require the direct participation of the owner.
The self-employed population is the so-called micro business. In this case, the owner does almost everything himself and his business is his place of work, where he spends most of his life.
Now let's get back to small business.
The most profitable small businesses are:
- Food - Franchising fast food restaurants, trade in organic products, home delivery of products
- Health - pharmacies, private clinics, natural cosmetics,
- Addiction - retail outlets selling alcohol and cigarettes, psychologists and consultants
- Information - online stores, consulting services, information business, blog sites, games.
- Real estate - residential and commercial real estate rental, sale, construction.
- Finance - investments, forex, stock market, lending to the population,
- Services - oddly enough, clairvoyants, fortune tellers and others like them, tire fitting, repair and construction.
In any case, no matter what sector of the economy you plan your business in, it must be unique and strive to become. It should also be taken into account that retail goods and services have a certain lifespan, after which they will be copied and sold cheaper. Typically, the lifespan of any new product ranges from 2 to 6 months.
It's time to consider micro businesses or self-employed people.
My rating of the most profitable types of business
- Consulting. Even if you know only 1% more than other people, you can sell your knowledge and your experience to other people. There are practically no costs, no premises or personnel are required, there are no goods, and in general consulting is very close to an ideal business.
- Services sector. Beauty salons, gas stations, hotels, fast food establishments, car washes and service stations, dry cleaners, taxis, etc. are necessary for every person, so there is a stable demand for services. Any person professionally engaged in the service sector can start working for themselves and will have stable demand.
- Resale. Trade in our country will never disappear. Everyone who is engaged in trade spreads a sandwich with butter, and sometimes with caviar, especially if they sell food. Business with China is also booming now, although it will soon burst from oversaturation. Everyone always needs clothes and shoes, not to mention children's products.
- Internet. If your business is not on the Internet, it does not exist at all. Making money on the Internet without leaving home has already become the profession of many people. The Internet will develop, so I see it as the most promising and profitable business.
- Health. Our consumer society is even born sick, so medical practice, manual therapy, dentistry, massage, witchcraft, etc. will always be in demand, any good specialist in his field will never be left without work.
In conclusion, I want to say the following: No matter how profitable and attractive a new business may seem to you at the very beginning, if it is done only for the sake of money and not for the soul, you will not be able to do this for a long time and successfully, so you should choose the type of business based on what you like best and what you like to do.
Good luck and success to you!
Profitable business is not uncommon these days. When planning to become an entrepreneur, everyone dreams of “hitting the bull’s eye”, creating a business that is profitable, in demand, profitable, and promising. However, only time will tell how profitable the project will be. Because even with the same starting capital, in the same niche, even in the same region, different people have different results.
How to choose the most profitable business with prospects for the future?
Conditions for creating a profitable and profitable business
If, when starting out in commerce, you seriously analyze the direction of activity and select a promising niche, then the expected profit graph will definitely go up.
However, when planning to open an individual entrepreneur or LLC, you should not write off a rather obvious fact: what is profitable, profitable, profitable, and promising today may not be relevant at all tomorrow.
Moreover, in the same niche, seemingly under exactly the same conditions, for some people the brainchild turns out to be profitable, profitable, and promising, while for others it turns out to be unprofitable.
Now let’s take a closer look at the factors that influence commercial success.
A business that turns out to be profitable, profitable, and promising at any time and in any country in the world must meet several conditions:
- Source of profit - passive income
- There is always a demand for your goods and services - the niche has been well chosen
- When a crisis is for your benefit and is an incentive for business development
- Lack of competitors due to the specifics of the business
- Costs and costs of doing business are minimized
The list of indicators characterizing the most profitable areas for creating your own projects can be continued, but let’s focus on these for now. Now let's talk about these conditions in a little more detail.
Source of profit - passive income
So that the idea does not disappoint you, the source of profit must be passive income that does not depend on your direct participation after you create and launch the source of this income. And at this time you begin to analyze new directions and launch the next project.
And it’s even better when the income received is residual, i.e. constantly increasing. Activities that generate passive income are a profitable and promising craft today, and tomorrow, and always.
In trade, such income can be generated by an ever-growing network of satisfied buyers of goods and services, the creation of a network of branches with a unified operating system, and ready-made business systems.
An example could be the creation of a large network of small grocery or specialized stores, a network of distributors or referrals, a network of sites, including on free resources, with advertising from reputable companies and services placed on them, the creation of your own link in the MLM system, a franchise, etc. .
The niche has been successfully chosen: there is always a demand for your products and services
Business is profitable where well chosen niche. The process should be based on goods or services of daily demand, which tend to end, but without which everyday life will become impossible or lose comfort. And if we talk about monthly profits, it is important to remember that money can be rolled over many times a month.
The most profitable business is in everyday goods
Remember, for example, which MLM companies are thriving. Where are the products for promotion - dietary supplements (BAS), cosmetics, detergents. They are bought, spent, and the same buyers (satisfied, of course!) come for them again.
Also, and in particular, it is much more profitable to do it on the most necessary products that are immediately eaten, on clothes, shoes, detergents, spare parts for cars. Recently, goods and services that allow people to save money, for example, on fuel, have been in demand.
But Russians are already accustomed to buying cosmetics from popular ones, and it can be more difficult when starting your own business. Nevertheless, services related to beauty and health will always be in demand.
No less interesting and significant are services that offer people entertainment and relaxation (online games, online cinemas, social networks).
Advertising companies, for example, have attracted some interest since perestroika and the introduction of a market economy in Russia to this day. Everyone, without exception, needs advertising. It doesn’t matter whether in the real world or on the Internet, reputable companies or very small ones, legal entities or individuals. Supply and demand work best through advertising. Although we often say how tired we are of her. Advertising projects, however, like entertainment services, are always in demand. And it makes sense to think about this.
When deciding, it is in these niches that you need to look for your market segment. And implement the selected ideas, becoming better than competitors.
Your brainchild will definitely be profitable if there is always a demand for the goods and services offered. If, regardless of regional, climatic, political conditions, people need them.
Profitable business on disposable goods
Disposable products are becoming more and more popular among consumers. But there were times when it seemed that I bought something - and for the rest of my life.
When a crisis is for your benefit and is an incentive for business development
There are many projects that are not afraid of crises: during the crisis fever they will only flourish.
Hard times for some are always a chance to get rich for others. It is in difficult, crisis times that it is easiest to realize the opportunity to become free and financially independent.
And such areas of activity can easily be found on the global network. The same advertising: contextual, teaser, from direct advertisers who pay good money for it. Why not give them a place on your information resources?
Lack of competitors due to the specifics of the business
Good profits can be made where there are not only no competitors, but simply cannot be due to the specific nature of the type of activity. Again the same advertising on your information resources, for example, and partnerships with search engines. The main thing is to wisely manage such a goldmine as the search query database of Yandex and Google.
Competent, its constant improvement in technical terms will allow us to gradually increase the rate of resource traffic.
The profit from the development of a network of information sites will globally exceed the meager investments in their maintenance. Day after day, projects can be expanded by adding new sections, articles, news. And the income will not just be passive, but residual (constantly growing).
Costs and costs of doing business are minimized
The surest way to minimize the costs of your craft is to open it in the virtual space. Opportunities for making money, even in one business niche, are diverse and endless.
As the experience of recent years has shown and confirmed by grandiose events in Moscow, there are enterprising people who have been able to create millions of fortunes on the Internet. Today, earnings from affiliate programs for the sale of information products have become quite popular and relevant.
Only dollar millionaires who made their fortune on the Internet could get on stage in Moscow. The amounts of their online income were announced as simply astronomical, up to 400,000,000 rubles.
This food for thought will be very useful for those who dream of finding a solution to the question of who really thinks which project is more profitable to open, in or just an ordinary business in real life (offline). At the same time, so that it is profitable, profitable and promising.
There are actually many areas of employment that meet the above conditions. And without analyzing the market at the moment, it is almost impossible to name the most profitable, the most profitable, the most profitable sector of commerce. There are market segments that I not only don’t want to mention here, but even to remember at all.
Therefore, the question of which business is the most profitable, or the most profitable, or the most profitable, is probably not posed quite correctly. The success of any endeavor depends on many factors and specifically on you.
In which market segment is it more profitable to open a profitable business?
If we consider the virtual space as a platform for our project, then its success depends to a large extent on professionalism, the desire to learn, and the refusal of the future businessman to waste time on the Internet. And this is a profitable business.
And a fairly profitable (quickly payback business), ultimately quite profitable and promising today can be created online. And this is an indisputable fact.
Why? Because developing an Internet project is quite simple and inexpensive. And these are important indicators for creating a profitable business. And it doesn’t matter at all where you live: in a small town, in a metropolis, in a village, when you are trying to breathe signs of life into your work.
A profitable business in a small town is the dream of many Russians
Profitable business in a small town with a huge target audience
Quite a lot of young people, especially in small settlements and small towns, make their choice today and rely on the Internet space.
No costs for renting offices or industrial premises. But there is a whole world of potential clients who can be helped to find what they are looking for online.
This is a win-win and forward-thinking way to earn money from your home computer. Day after day, tens, hundreds of thousands of ordinary people, from schoolchildren to retirees, are formed in this sector.
Many are already well versed in the issue. And they even record video lessons and send e-mails on the topic of making money online.
Working from home via the Internet is simple and comfortable. And even if at first nothing works out, you won’t be at a disadvantage. You can try again and again, honing your skills and professionalism, choosing a niche that suits your requirements and conditions.
The only thing you can lose here is time. And you can’t call it a loss: real practice and study, necessary for any beginning Internet entrepreneur.
If in traditional offline employment there are moments that depend on “someone else’s uncle” in the form of various services, then here, in the virtual space, everything depends only on you. And more specifically, it depends on the expenditure of your time and desire. There are no other barriers.
Learning to develop and expand your brainchild online will not be difficult. There is a lot of information today, even free information. The main thing is to decide what you want to create and in what niche to develop. And start taking action.
All roads lead to the Internet: we build the simplest business here
It is profitable to create a promising simple business on an Internet platform
Creating a commercial project on the Internet is a fairly simple business. This is much simpler than running similar processes in real life. After all, the virtual platform completely eliminates unnecessary red tape and delays with all kinds of services that often die out as unnecessary. No offices or office equipment are needed, which greatly simplifies the creation and running of a business. Extra expenses are eliminated.
And, at the same time, you can provide yourself with real income. Modern web professionals know different . They are well versed not only in issues of how to create an ever-growing cash flow online, but also how to make a lot of money online, and even a lot.
Many individual entrepreneurs have created services that allow site owners to promote their resources online, and for newbies testing to earn a little money and acquire some useful skills.
Is it possible for a beginner or novice user to earn a lot of money online quickly? More likely no than yes. It just takes some time to figure out what's what. But almost everyone now understands that there are a lot of people spinning around.
And it doesn’t matter why - for work, for study, for obtaining information, for paying for services or purchasing goods, for providing themselves with real income, just for entertainment, visitors come there...
And where there is money, where there are people willing to spend any amount of money, there will always be options for earning money. All you have to do is make sure that these people who are willing to pay get what they are looking for thanks to you.
Today, many people use the Internet as a source of solid income and considerable profit with minimal investment. 5 million citizens work in the Runet and the related industry, and companies in this industry produce goods and services worth 5 trillion rubles a year. Labor productivity in this sector is three times higher than the national average (Lenta.ru).
Nowadays, from the youngest to quite elderly people can use a computer. And these are potential clients for your offer. The number of such people is simply increasing every day. And this is a decisive factor in favor of Internet business. The target audience for your offer in this space segment can be found much faster and at the lowest cost.
Even the President of the country sometimes speaks out on this topic, not only hinting, but declaring that it is time to fire everyone who does not have computer skills.
And you probably have long understood that in the last century there were times when many people perceived the computer as nothing more than just a source of information or entertainment. - today is not a curiosity and is gaining more and more popularity every day. The advantages of this type of activity and employment are obvious. And now they are beneficial to both the customer and the contractor.
For many people today, Internet earnings have become not just additional income, but significant income, the most profitable business, including several sources of income.
With minimal investment, earning decent money by studying, for example, and working for yourself without leaving home is certainly tempting. And there are people for whom it has become a favorite daily activity. Many, working at home on a computer, have created a steadily growing, profitable in all respects, promising, profitable and simple home business, successfully promote it and now have a good, constantly growing income exceeding 1,000,000 rubles. But …
Offering unrealistically high income? Internet fraud
Online fraud: you can not only earn money, but also lose it
Are you being offered an incredibly profitable business on the Internet with minimal investment? Carefully! Unfortunately, only 10-20 percent of Internet entrepreneurs take the issue of creating a new source of income seriously enough and actually make a profit. The remaining 80-90 percent treat this superficially or fall for all sorts of free tempting offers and simply provide this profit, often to scammers who have just gotten their hands on it.
As a rule, continuous spam with such offers is now constantly sent to email and Skype accounts. Entire groups working on such projects have the gift of persuasion and are able to force you to voluntarily transfer money to the specified accounts. And then, when the time for the promised payments comes, your “goldfish” becomes lifeless and does not show any signs of life. Simply, the scammers disappear.
A lot of websites and blogs, video tutorials and courses have been created about this, a lot of trainings are conducted, but most people still continue to lose their money. Why? Because they don’t want to learn from other people’s mistakes, they prefer to make their own.
What kind of business is profitable to do with a future perspective?
What is the best initiative to implement online, what kind of business is it profitable to engage in? So that it is profitable, cost-effective, simple, and at the same time promising? Despite the fact that you do not intend to make any significant investments. Or the very minimum... Well, so that the project is to your liking! To make work comfortable.
Some people believe that all profitable areas of commercial activity have been occupied for a long time, that now it is unlikely that anything will be opened, because all profitable and profitable niches are so filled that many cannot withstand the onslaught of competitors.
And some people have so much energy, intelligence, inspiration, talent that they immediately take note of any phrase they hear in passing, they are ready to turn any flashing idea into the most highly profitable business.
Whatever ideas come to your mind, one thing is certain: your project must be in the Internet space or you are using the virtual sphere to the maximum to promote your traditional business.
And if not millions, then hundreds of thousands of rubles a month in the form of passive income today, it is quite possible for the most ordinary person to earn money on the Internet. True, you will have to work hard.
Promising business and minimum costs - advertising on websites
Many Internet entrepreneurs own profitable information sites that actually work as sources of their income. Some website owners have dozens of such assets.
For example, today we are very interested in the opportunity to form and develop without leaving home and using tools such as a computer and the Internet. We have our own information resources and are engaged in their monetization.
This is a profitable business with minimal investments, a good business on the Internet even for beginners, where you do not depend on anyone (compare with MLM!) and independently, at a convenient time, create something that will bring you an ever-growing income in the future due to the appearance of everything new and new advertising platforms on expanding information resources.
There are millions of topics and areas for creating and promoting websites. This craft is not afraid of any crisis, because advertising during a crisis, on the contrary, becomes even more popular and in demand. There is practically no competition, because everyone sees and develops even one topic, any one, construction, for example, or renovation, gardening, raising children in their own way.
Of course, it’s better to write yourself, but if it’s really a burden, freelance exchanges will help.
And in order for your site to be visited, it must be made taking into account the search queries of the population. Write about what people need! And there will definitely be a topic where you will advance better than others. Launching and growing a business today is easier than ever!
The demand for advertising was, is, and will be! Because people will always buy goods, use services, and learn. And for information they are increasingly (and the younger generation is absolutely) turning to the Internet. And there on your resource they see an advertisement on a topic that interests them, click on the link and go to the website of the seller of the product or service. And money is dripping for you. For those who have been seriously engaged in this type of activity for a long time, it is clear that the advertising business is one of the most profitable commercial areas on the Internet.
Yes, this requires certain computer skills and some knowledge, but I repeat that we started from scratch, we didn’t even complete any computer courses. And today there are even a lot of free educational materials and video lessons on the Internet.
Providing advertising platforms for solvent companies and services on your websites can lead you to a solid income exceeding millions of rubles a year. And the sums of money will replenish your account around the clock. It doesn’t matter whether you’re on vacation, at the gym, at a party, or creating another new page for your website.
Connecting to this modern type of employment is not just a profitable, but also a far-sighted decision. This is an opportunity to start building your promising assets practically from scratch without investments.
This area of commerce on the Internet has long been called “virtual real estate.” And with the help of this “virtual real estate” it is quite possible. This may well be of interest to those who dream of owning their own home and are analyzing any clues on the topic. For a real new apartment in a real space, in your city. If you have a serious attitude and attitude towards the chosen activity, this is real, which is confirmed by the video when you click on the link.
Such a direction of commerce as is very promising, here’s another reason. Year after year, more and more users and potential visitors to your resources appear on the global network. Which is an important factor for building a profitable business.
In our opinion, making your own websites with useful information for people and placing on them the code of advertising blocks of reputable and respected services is the simplest and most interesting business today. This is our favorite activity, and at the same time it generates income. This online activity is truly safe as long as you do not violate the rules of the companies providing advertising links. It is this kind of employment that forms the basis of our family income.
Which business is better to open? How to choose a simple, profitable and promising business?
Which business is better, more profitable, smarter to open? … You decide
Which business is most promising specifically in your situation, what the most profitable business will be in your locality, which direction of employment is wiser to choose in order to build a highly profitable business and which business is the right one to take up is, of course, up to you to decide. There is no need for advice here. If you like growing flowers, grow flowers; if you love housekeeping, do business there. The main thing is that it is in demand by other people.
An example of a simple profitable business on the Internet that satisfies all the above conditions could be advertising on websites: banners of reputable companies, contextual advertising Yandex Direct and Google AdWords.
If you have the intention of creating your own business, moreover, making your brainchild profitable and profitable, and maybe the most profitable, do not rush to grab the first very tempting offers that come your way on the first pages of Internet search engine results. Moreover, enter into some kind of agreements with suppliers, transfer money, participate in affiliate programs. Today it will take very little time, but it will avoid many unpleasant moments. Business is becoming more and more transparent; almost all the information necessary for analyzing companies is now publicly available on the Internet.
In order to create the most profitable business from scratch against the background of competitors, to capture a significant market share in the chosen niche, you will have to work hard. But when you do what you love, 16-18 hours fly by.
There is one more important point that I would like to focus on. Don’t look for ready-made recipes for creating the most profitable business. They simply don’t exist (or hardly anyone will share their work: why create competitors). And if you manage to create a strong foundation for your brainchild, then it will be different for each person. Depending on goals, ambitions, capabilities, experience, perseverance, perseverance...
For those who are limited in financial resources and are studying, it is important to research and understand the psychological aspects of the issue using examples of the richest people on the planet.
Everything discussed above can be used for analysis when opening a project of your own. It will be more interesting later, but you will be able to use this for no more than educational purposes.
The most profitable business in the world. Alas, not for everyone
Issuing or issuing money is a profitable business, but for a select few
Are you familiar with such concepts as seigniorage? So the most profitable business in the world is directly related to them. Seigniorage is the income from issuing money or printing banknotes. It is calculated by the difference between the denomination of the banknote and its cost. And the higher the denomination, the greater the profit, because the cost of pieces of paper with pictures is approximately the same.
The cost of producing the world's dominant $100 bill is approximately 12 cents. Seigniorage for the issue of just one such banknote in monetary terms will be $99.88. How much does the most ordinary person have to work for this amount?
It’s easy to convert all this into percentages: profit as a percentage = 99.88x100/0.12. Almost 100,000 percent. Impressive?
And it is not the state that is involved in the process of issuing money... The owners of seigniorage are the owners of the country who govern it. And this is in any country in the world.
Business profit is the main criterion by which a future businessman chooses a field of activity.
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In Russia, we can name several main types, whose profitability is amazing. But in other industries you can achieve financial success if you correctly assess the capabilities of the business environment.
Statistics for 2019
The main contribution to the GDP of any country in the world is made by large business, which accounts for the majority of financial, labor and other resources. In Russia, large businesses account for 70 to 80% of the national GDP, which is a very high figure compared to Western countries.
According to various estimates, the share of medium-sized businesses in Russia accounts for 10 to 12% of GDP. It is quite difficult to accurately identify this figure, since the general indicator is calculated for small and medium-sized businesses, which, by the way, is also quite contradictory. Having averaged data from several sources, such as Rosstat, banking organizations and well-established experts, the indicator for SMEs was determined at the level of 20-30% of the country’s GDP.
At the end of 2013, GDP growth in the Russian Federation amounted to 1.3%, with preliminary forecasts from 1.3 to 3.8% (World Bank). The largest share in GDP came from wholesale and retail trade and repairs ( 18,3% ), mining brought 10,8% GDP.
The maximum profitability was observed in the mining sector (24-33%) and chemical production (16.7%). In all areas of large business, there was a drop in profitability associated with a decrease in prices and consumption on world markets. The growth of the small and medium segment of the economy amounted to about 0.9% of GDP, although negative trends were observed here too.
GDP growth forecasts for 2019 were based on 4.3%, but due to the turbulent geopolitical situation and the general decline in economic indicators, the forecast was lowered to 3.7% (Ministry of Economy) and the IMF lowered its forecasts to 0.9%.
Experts predict industrial growth to be zero; wholesale and retail trade may grow by 2.1%.
In general, the statistics are not very reassuring and in all respects resemble the situation in 2013.
By scale
Based on its scale, business is divided into three categories: large, medium and small.
- Large businesses include national and transnational companies with annual turnover over 1 billion rubles. and staff from 500 people.
- To the average – regional companies conducting their business in one or several regions and having in their staff from 50 to 500 people and much smaller financial turnover ( up to 1 billion rubles).
- Small businesses are small firms that have on their staff (depending on the type of activity) up to 50-100 people and annual turnover - up to 500 million rubles
Big business
In large business, oil and gas companies continue to be the most profitable. They are followed by large transport, chemical and metallurgical enterprises and banking enterprises.
Over the past few years, the profitability of these types of activities has been slowly but surely declining. And 2013 was marked by a sharp drop in profitability in all areas of large business.
The metallurgical industry fell especially sharply in price.
Some enterprises have crossed the profitability threshold in the opposite direction and were forced to close. This is due to the heavy dependence on demand and prices on world markets, which have fallen rapidly over the past couple of years.
Medium business
The most profitable medium-sized companies are rightfully considered to be communications enterprises, construction and transport companies, as well as firms working in the marketing and advertising services sector.
Recently, the healthcare industry has been rapidly approaching them, or rather the segment of private clinics, which show an average profitability of 10-15%.
Enterprises of retail and wholesale trade in consumer goods also demonstrate consistently good performance.
Small business
In the small business segment, it is difficult to single out a separate type of activity that can be considered the most profitable. Since the profitability indicators of many of them are very close.
Still, construction, installation and repair work are considered the most profitable; according to some data, their profitability can reach 80-90%.
Also highly profitable is the segment of public catering and consumption, consulting services ( 16,5%) . According to Forbes magazine, this also includes the services of chiropractors, dentists, as well as accounting and legal services, which have an average level of profitability within 13,5 – 16% .
To summarize, we can say that the basis of small business is the sphere of private services, which is the most profitable.
Business profitability depending on location
The size of the settlement cannot be ignored. It is clear that it is almost impossible to achieve the same heights in the same type of activity in Moscow and Tula. Experts have compiled their rating of the most profitable enterprises at different city levels.
In the metropolis
Megacities are characterized by a greater turnover of money and a higher standard of living, which also affects the profitability of various types of activities.
An important distinguishing feature of business in large cities is the very high level of competition.
Both large and small businesses are very well developed here.
The most profitable types of business activities include:
- Construction and real estate work.
- Sales of services in various fields.
- Trade and catering.
The best profitability indicators are demonstrated by small companies providing services:
- private audit,
- private medicine (including cosmetology and dentistry),
- accounting and tax calculations,
- lawyer and notary offices,
- small lending.
It is difficult to gain public success in big cities. Image means a lot here - it must be crystal clear. It is difficult to start in such conditions; impressive capital is required (even for a small enterprise).
In a small town
The profitability of a business in a small city can differ significantly from its counterparts in large populated areas.
For comparison: a fast food outlet in Moscow brings its owner about 3 million rubles. per year, and the same establishment in Belgorod earns no more than 100 thousand.
It all depends on the standard of living of the population, regional mentality, and competitive intensity in each specific city.
However, for almost all regions, the construction and repair and installation business, as well as funeral services, traditionally have good profitability. The last few years have seen a constant increase in demand for private consulting services in the regions, which are characterized by high profitability and very low start-up investments, which makes it very interesting for beginning businessmen.
In the village
The situation with the standard of living in rural areas still remains at a very low level. Therefore, business related to the provision of services is either not in demand here at all, or is demonstrating record low profitability.
Traditionally, good profitability indicators remain in agriculture and small trade. True, the trade niche has mostly already been occupied and there is no point in entering into competition with old-timers, but the products of small farms and crop production are in very good demand, thanks to trends towards a healthy lifestyle among the urban population.
Seasonal factor
When to start your own business is also an important question. Some activities have a very pronounced seasonality. Let's look at the most popular and profitable seasonal businesses.
In summer
Summer is a period of vacations, relaxation and not always justified spending of money. Almost all businessmen know this principle and use it.
The profitability level of summer businesses can reach up to 200%.
The first place in the list of the most profitable summer activities is taken by off-site sales of ice cream, kvass, beer and souvenirs. The level of income from such a point depends on a single factor - a good location. The more advantageous it is located, the higher the markup and the more sales.
Also a very profitable niche is entertainment services on the water and the beach. The highest incomes are observed in resort areas and public recreation areas near large cities.
in winter
The winter period also has its own seasonal types of business. Their profitability is correspondingly higher than average, as in any seasonal business.
These types of activities include:
- Snow removal (with and without special equipment).
- Organization of entertainment (snowmobiling, skiing, snowboarding, slides, open-air skating rinks).
- Trade in hot drinks and fast food (pies, hot dogs, etc.)
The profitability of winter types of business is still inferior to their summer counterparts and ranges from 30 to 60%.
The location of the business is also important here, but this dependence is not as strong as in the summer, and business is linked mainly to large and medium-sized cities.
Rating of business ideas by gender
It is no secret that the attitude of women and men to choosing a business and its development is not the same. Although recently the gender factor has lost its relevance, differences still remain.
For women
Women have a more subtle perception of the world around them, better taste and greater perseverance than men. As a rule, a lady who decides to start a business rarely owns start-up capital, but has enviable persistence in achieving her goal. Therefore, the rating of business ideas is based on these advantages.
Among the private business options that do not require large initial investments and are the easiest to implement, women are more suitable:
- Providing design services for interior planning in a private house, apartment, and arrangement of garden plots.
- Making original decorations for the home, cottage, handmade body jewelry (so-called hand made, which has become very popular in recent years).
- Freelancing (earning money on the Internet) – working with texts, photographs, design.
- Making culinary products (cakes, cookies) and home-cooked dishes at home.
- Nowadays, residents of big cities devote almost all their time to work and eat fast food, which everyone is tired of and is harmful to their health. Therefore, this type of service such as catering can be in great demand.
- Production and sale through online stores of clothing, linen, bedding.
This does not mean that women can only earn money through manual, light work. The mental resources of the female business representatives are also in great demand. For example, a lady will be able to open and manage an accounting agency with greater ease.
For men
The best business ideas for men are related to those jobs that, due to physical characteristics, can only be performed by men, or those that are more effective when performed by men. They are also the most profitable, if done correctly.
These include:
- “Husband for an Hour” services, specializing in minor household repairs.
- Auto repair shops (from garage repairs to large service stations).
- Consulting services.
- Minor installation, repair and construction services.
- Freelancing (copywriting, website development and promotion).
All of these types of activities have fairly high profitability, and most do not require capital investments, or even involve starting from scratch. The main requirement at the start of these types of activities is good qualifications and level of knowledge in the chosen direction.
However, you should not select an activity solely based on gender characteristics. It all depends on the personal characteristics of a particular person. No one can answer with certainty who is better able to cope with the role of a manager, for example, or a retail chain of stores. In the first place, you should put your own experience and awareness in the industry of interest.
international experience
International experience and trends in the country’s economy show that in the coming years the profitability of large businesses and its share in the country’s total GDP will decrease significantly, while the segment of medium and small businesses is expected to grow. But in the long term, the profitability of all types of business will decrease, this is due to increasing competition in all areas of activity.
The profitability indicators in the most developed countries are thought-provoking. Today, the average profitability of large US businesses is about 15%, and in the EU this figure is at the level 7-8% . At the same time, the profitability of small businesses is accordingly 25% in the USA and 16% in Europe.
The share of GDP that falls on small and medium-sized businesses is within 50-60%, which has a very good effect on the economy, because small businesses are not so dependent on prices on foreign markets and are more flexible in times of crisis.
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Forecast: which business will be the most profitable in the near future?
In Russia, in the coming years, the most profitable business will remain related to production and refining in the oil and gas industry. In the sphere of medium and small businesses, there is a noticeable trend in the growth of the share and profitability of service sector businesses (especially consulting, auditing, medical services), the niche of vending services (sale from a machine) remains half filled.