Opinions expressed by entrepreneur contributors are their own. You’re never too young to set a course for wealth and success. If you can’t become a millionaire through lottery then you need to apply hard work and patience. Most people wait until retirement so that they can consider starting a business. If you want to be a millionaire then you should consider the following 5 business ideas that are bound to make you millions in five years to come:
When starting an agribusiness think about the growing world population that is going to need food for their survival. Population is growing so fast and has led to real estate growth and construction too. Think about any agribusiness that you are comfortable with like fish farming, raising livestock or growing of vegetables and fruits. These kinds of foods will always be in demand.
2.Mobile Restaurant/Food Delivery
This is one of the industries that has been growing so fast in the past 10 years. Most people in different parts of the country are eagerly looking for affordable and quality food while on the go. Most people want foods to be delivered in their respective offices and homes. It is more profitable compared to some businesses, if you had a dream of starting your own restaurant the go for it. It’s maintainance is low and it doesn’t cost much to start.
3.Mobile App Developer
We have got over 5,000,000,000 mobile users around the world. Development of the mobile application will surely be a profitable kind of business to venture since the demand is too high. Develop an application that provides a useful information such as a game or budgeting tool. It’s usage will rise with time and it will bring you alot of money for many years to come.
I’m quite sure that you have heard those celebrities who are making their living through YouTube and Instagram channels. Through social media channels you can earn a lot of money that can change your life forever, what you only need to do is to earn a large gathering of fans. You can earn more through endorsement deals and ads, be smart.
We have so many entrepreneurs in the country who want to launch their own business and what they need is an advice from someone who has been in the industry for long. If you feel that you have enough experience in advising someone on how to start and run a successful business then start your own business consultancy. Aspire them with your experience and knowledge and later paying for your services in return.