Future Business Ideas 2021 – 23 You Can Start Today!
Is a list of just 20 business ideas not enough? We’ve decided to come up with a list of the Top 23 Future Business Ideas for 2021 and beyond!
Most of the time, the best business ideas are created when passion, skill, and timing all perfectly align…or when your back is against the wall and bills need to be paid.
4 years ago, starting a food truck or catering business might have been one of the best business ideas you could have come up with thanks to an introduction of a booming economy.
But thankfully you didn’t, thousands of food trucks have been shut down thanks to Covid in 2020.
However, it’s not like you can’t start your own business anymore…in fact, thanks to the internet, it is easier now to start an online business more than ever!
Because capital is often a factor when you start a business, we’ve come up with some of the most affordable small business ideas that you can get started with.
Check Out This Simple Way To Run A Digital Real Estate Empire Online
This is so simple, it should be illegal.
Table of Contents
Online businesses where you can work completely from home with your only commute being from your bedroom to the couch.
Not to mention that every single future small business idea that we mention here, is 100% Covid-19 proof!
In this article we’ll go over all kinds of different business models discussing their pros and cons, how much money they can make, and how difficult they are to get started and automated.
We’re going to review multiple business models to decide if it really is the best course of action out there for you.
We’ll talk about which business model is best suited for online and which is suited for “brick and mortar”.
At the end, I’ll answer some of the most frequently asked questions regarding best businesses to start in 2021 in general.
And most important, I’ll show you the exact system I used to build my own internet marketing business to over $40,000 a month in mostly passive income.
This system made me swear off traditional businesses for good, because it uses some of the same skills but in a much more powerful and profitable way!
23 Top Business Ideas
1: Social Media Management
Do you have a love for social media?
You can get easily get started as a social media manager for small to large companies.
Starting a business as a social media manager isn’t the easiest, but it can be lucrative. There are billions of people on social media between Facebook, Instagram, and Twitter. Businesses just don’t have the time or the experience to know how to take advantage of social media marketing.
That’s where you’d come in. You can find online courses that will teach you everything you need to know to become a social media manager and start earning a healthy income.
If you have experience with social media marketing then this is going to be the best route for you. You can either start a consulting business or dive in and start taking over the social media marketing campaigns for companies.
There are lots of things that you’ll need to know as a social media manager:
Staying ahead of trends is important there are always new platforms coming out that will need to be learned and taken advantage of.
If you’re looking for a job as a social media manager you can look on Flexjobs.
2: Graphic Design
A graphic designer may create digital or print design work, like website design and print layouts. Many designers work small jobs (like logo design) on gig websites like Upwork. Competition can be fierce.
You can expect to make anywhere from $15/hour to $300/hour. Developing an impressive portfolio can help you earn more.
3: Online Courses And Coaching
Whether it’s career coaching, health coaching, or fitness coaching its way easier to share your knowledge or business idea with courses through an online video platform.
Video courses are probably one of the easiest ways to share your knowledge or expertise. We’re all good at something, and when you choose a subject matter that you have a passion for you can turn that into a substantial income.
It’s easy to set up a Facebook page or even a podcast to begin reaching out to people who are looking for online coaching classes.
You’ll find several online platforms, including Thinkific and Teachable, that makes it super simple to start your business as an online coach.
Or if you’re looking to join a great program on starting your own business…check this out!
There are many reasons why this type of business is a great choice. If you do just a little search online you’ll find a ton of information regarding dropshipping. There are advantages and disadvantages to this type of business.
With all of the COVID-19 fears and people limiting the places that they shop, online shopping has greatly increased. E-commerce and dropshipping go hand and hand.
Dropshipping is one of the best eCommerce methods for beginners because you won’t have to fulfill or ship the orders. There are plenty of wholesalers out there with many choices of products to sell.
One of the best e-commerce platforms to use is Shopify, but it’s certainly not the only one to use. It’s one of the easiest to use and has a ton of marketing tools. You can watch a ton of youtube videos to learn how to set up your own site.
But there are some downsides to this,
- Finding a quality wholesaler
- You’ll need to build a website
- Products can stop being produced without notice
- Profit isn’t always high
- You’ll need to know how to drive targeted traffic to your website
- There’s a ton of competition
There is a better option to Ecommerce though, and the profit margins are much higher!
5: Content Marketing
Small businesses are always looking to grow their online presence through the creation of engaging content.
When you become really good at this, you’ll be able to land some really high ticket clients. And after you have a few clients under your belt alongside a solid portfolio…you can earn thousands per project.
Content marketing is a skillset that requires you to be dialed in all the time. The market is always changing and there will always be a different way to catch an audiences attention. Stay up to date by following some popular content marketing blogs.
6: Search Engine Optimization
Starting a search engine optimization business can be very, very profitable.
The simple fact of the matter is that all advertising is moving online. Contractors can say that they’re doing find with word of mouth advertising all they want, but the simple fact of the matter is that people are choosing who does all their service work based off of what the search engines recommend them.
A professional in the SEO business is easily raking in over six figures a year and some are even close to 7 figures.
On top of that, they can easily do most of the work themselves without spending too much time in their day.
If you had 10 clients all paying you $2,500 a month, all you have to do is place 20-30 backlinks a day which doesn’t take long at all.
This is another reason why so many people are starting an online business, your time just gets freed up that much more!
That can really suck, especially if they were one of those $5,000-$10,000 a month clients.
Another option with skills like these is running an SEO consulting business. As an SEO consultant, you can block out an hour or two a week with a client and go over exactly what they need to do to rank their site!
However, there is a much better way to capitalize on your SEO skills with this business model…you should check it out!
- Easy to rank websites locally
- High profit margins
- Valuable service to small businesses
- Clients often leave after you rank them
- Can be hard to acquire clients as a newbie
7: Website Design / Web Development
And there are a ton of designers, so creating niche websites for companies is a great way to start your business as a website designer.
A niche website would be designing websites for specific industries.
Start by building websites for your friends and family so you can polish your skills and hone in on your style, when you do this many of your friends will recommend you for web development needs in the future.
A great way to get started at creating a profitable business is by offering competitive prices for your services. This will help you build your confidence and get some jobs under your belt before transitioning into more lucrative pricing.
The only issue with web design however, is that once the build is complete…the money ends.
This work from home business allows you to collect monthly checks by using the same web design skills!
8: Start A Blog
At this point you probably understand how profitable an internet business can be and how you can make a lot of money just by showing up high in the search engine…
So how do you make BIG money with it?
One of the ways through becoming an affiliate marketer or influencer with it.
Basically promoting other peoples products that you trust and have vetted yourself.
The only tough part is that generally speaking, you have to be a pro writer who can crank out several words of content a day.
Having a blog is one of the greatest digital assets that you can have. Several people who own blogs are raking in more than $50,000 a month from them, more than any other everyday online store we’re aware of!
What’s awesome about owning blogs is that after you rank a post and land on the first page of search results, you instantly become an expert in the viewers eyes because people view those on the first page as authoritative.
Not to mention that there are several website themes that can make you look like an expert on the information even if your site is brand new.
So, what’s the catch?
Unfortunately having a strong content game is not all it takes anymore. Yes, having long form content and keyword optimization is always key, but now you also need to have a strong backlinking strategy.
Also it takes quite a bit of time for a blog to rank…
Depending on the type of blog or niche you’re targeting, it can take anywhere from 6-12 months to rank for the high search volume keywords you’re going after.
- Great online business idea
- Can be found easy if you’re a good writer
- Asset based with recurring income
- Influencer marketing
- Will need to hire a virtual assistant at some point
- Need to promote a product or service that’s trusted
- Hard to find a trusted affiliate business
9: Start A Podcast
Starting a podcast is not as odd as it used to be.
15 years ago only 22% of adults listened to podcasts…now that number is well over 75%!
Think you can’t strike it rich just by recording yourself and a guest talk? Think again!
So what do you need to start?
Second, you’ll just need to find a proper podcast host service whether that is Spotify, iTunes, or some other service entirely.
10: Start A YouTube Channel
Video has become increasingly more popular from live streaming to video-on-demand. And YouTube has completely taken over the video platform and has become a content-on-demand powerhouse.
There are many opportunities for you to make money on YouTube.
The more content you post, the funnier or more entertaining you are the more views and subscribers you’ll have.
And YouTubers can earn millions depending on the number of subscribers. An average YouTuber will earn between $3 to $5 per 1,000 views. You can see the potential, can’t you?!
11: Digital Marketing Services
Digital marketing is essential to any online business. You’ll be expected to plan and execute marketing campaigns through various methods such as social media, SEO, paid media, content marketing, and many others.
The purpose is to drive engagement, conversions, traffic, and revenue.
The better you do at those things the more money you’ll be able to charge. With that being said if you don’t have a complete understanding of what you are doing in order to be successful.
12: Amazon FBA
If you’ve seen any sort of YouTube ad when it comes to investing or making money, odds are you’ll come across an Amazon FBA course ad talking about the how selling on Amazon is one of the best ways online business ideas.
You can’t go wrong right?
Unfortunately there’s a lot more to selling stuff on Amazon than meets the eye. Let’s dive a little deeper and try to determine whether an investment into an Amazon store would be a good idea for you.
Amazon used to be an absolute gold mine.
There weren’t too many rules and most people, if they started a store, would have a really high yield.
Now just think about how bad that sucks for a moment…
You take your start up capital and build up a really profitable Amazon business.
And let’s say you have a few different products and they are dominating each of the markets they are geared towards.
Literally out of nowhere, Amazon can come in and shut you down for seemingly no rhyme or reason.
A great way to describe this is sort of like an illusion. Amazon gives you the illusion of owning and controlling your own store and business, all while also profiting off of you too, yet they can come in at any moment and take you out.
If all the rules and constant commission cuts weren’t enough to get you second guessing about other ways to invest $10,000 then maybe this will.
It’s not difficult to set up your Amazon store. In fact, most online courses will show you how to set one up in just a matter of a few hours!
Unfortunately because of how easy it is, there is a lot of competition. There are thousands of people on Amazon who are trying to sell the exact same products you are and get that 6 figure rate of return.
These people dumped there whole entire savings accounts into their stores just to get a hope of profitability.
It takes a lot to run an Amazon business and it’s really hard to rank a product organically in search. You can thank some of the new rules thanks to that.
Can You Have A Successful Online Business With Amazon?
If you’re willing to pay with a lot of startup capital and time, you can be successful in this business venture.
Lot’s of people earn money with Amazon consistently. You’ll just have to accept the fact that you won’t really ever “own” this business because Amazon reserves the right to shut you down whenever they deem worthy.
- You can make 6-figures per year with Amazon with a $10,000 investment.
- Setting up a store on Amazon does not take long.
- Amazon’s platform is great way to enter ecommerce because they have the most sales.
- No credit score required.
- Amazon is cash intensive.
- PPC is difficult and can be a headache to constantly track.
- It can take well over six months to rank an Amazon product organically
If you’re going to go through the head ache of ranking products on Amazon, you should at least be making some real money…
Our number one recommended online business delivers the profit margins you deserve!
13: Affiliate Marketing
If you would’ve said a few years ago that you could make a living by blogging….well you probably would have been laughed at.
But now it’s the bloggers are the one having the last laugh.
You probably follow a few different blogs whether it’s a parent, automotive, mechanics, keto diet, consulting, coaching or home-based business blogs.
With your blog you’ll be able to make money in a variety of ways whether it’s your time coaching or consulting, creating your own products related to your market, selling someone else’s products, or through ad space.
Or you can utilize all of these methods.
So how do you get started?
You choose the niche for your blog. Start by making a list of things that you are good at.
There are tons of free videos that will help you get started blogging.
This method takes time to get going and you’ll need to learn various skills such as building a website, getting traffic to the website, search engine optimization, and affiliate marketing.
But on the plus side, there is a low-risk with this business type and it can offer you a high-reward.
Affiliate marketing is among the most popular online businesses the average bloggers are earning between $7,500 — $25k per month with affiliate marketing.
It can be a lucrative business.
One of the best things about affiliate marketing is that you can grow your business as long as you continue to build out your blog.
The sky is the limit.
But the downside to affiliate marketing is that it’s extremely competitive. You’re advertising will cost more because you need to beat out the other people trying to sell the same products.
You might want to start an MLM. If that’s the case, just know that this is a business where you don’t totally have control.
If the actual MLM company goes under, all the profits you make will disappear as well.
But that’s not to say that’s going to happen and that you can’t make a lot of money before that happens.
An MLM is simply where you sell a different companies products at a markup and pocket a percentage of the sales.
That is if you meet your quota.
A quick google search will show you that the average MLM IBO (Independent Business Owner) only makes a couple hundred bucks a month full time.
I think me and you both know that you really ought to make several thousand dollars a month full time…
There is a business model that allows this though through a unique form of digital marketing!
If you’ve been doing in-house bookkeeping or accounting for a company you may want to consider starting your own online business offering virtual bookkeeping services.
These involve managing business clients’ income and expenses, processing their payroll, and preparing tax returns. This is a great business idea for people that have accounting and bookkeeping experience.
Small businesses just don’t have the time or know-how to manage their own books. This gives you the opportunity to earn a great income.
16: App Development
There is an app for that! It’s true, there’s an app for just about anything and everything imaginable.
If you have an idea for an app why not turn your idea into a new app.
Thankfully you don’t need advanced coding skills for app development. There are different courses that you can take to teach your how to build apps with little to no coding skills. This is a great place to begin.
The downside to app development is that you’ll need to do a good amount of market research. There is a ton of competition in the app store, so you’ll need to be sure that you’re targeting the right audience. needs to be done in order to have an app that is actually seen in the app store.
The reason why this is a top future business idea 2021 is because there is a large need for artificial intelligence and virtual reality.
Startup costs for new businesses like this can be as much or as little as you want. In most cases, you will likely have a decent enough computer to start with.
Real entrepreneurs who know how to code and run a retail business stand to make a lot of money with the category of business in the future!
17: Content Writing
Let’s face it, people have a hard time writing. There a huge demand for all types of writing pieces- web content, content marketing, blogs, ebooks, lead magnets, sales pages, SEO content writing, and this list goes on and on.
This opens up a huge market for you to generate a good amount of money, something you should consider starting.
There are so many companies starting up online and need high-quality, engaging content. Working with web designers and marketing companies can help to provide you with consistent work.
You’ll need to start building your portfolio so that you can start getting clients.
A great place to start building your portfolio and gain experience is with freelance websites such as FlexJobs and Upwork.
18: Virtual Assistant
This is a great option! And if you have customer service experience you’ll have an upperhand getting started.
You can build your own virtual assistant business or obtain a work at home job. The demand is high. However it’s not always easy to find a high paying job using some of the freelance websites such as Upwork or Flexjobs.
If you have great organizational skills this is a good opportunity for you to work from the comfort of your own home, or from anywhere you desire. There are various types of virtual assistants, and if you specialize in a specific area you can increase your pay and stand out among the others. For example, marketing or social media.
The common tasks of a virtual assistant include scheduling appointments, making phone calls, making travel arrangements, and managing email accounts.
You can search for virtual assistant jobs on freelance job websites like Flexjobs and Upwork.
Whether you want to classify this as a real small business or not, the stats are quite clear. If you invest properly you could earn just as much money as the average small business owner, which is usually six figures or more!
I’m sure you’ve heard of bitcoin, cryptocurrency, and the good ole’ fashioned stock market. It’s not just Jordan Belfort getting rich off it all, you can to!
If you get a lot of you information from the right channels, or invest in a high ticket investment course…you could stand to earn a lot of money!
20: Career Coaching
Career Coaching is also another great small business idea as we look toward the future.
All sorts of careers and new business opportunities are becoming a reality. If you are good at recognizing personalities and connecting them with careers based off that information that can be very lucrative!
As an employee, a career coach will typically make $45,000 per year. However, if you’re starting your own business in the space, you could charge by the hour and make some bank!
There are some challenges with this business model however…
The toughest part is getting clients and getting your name out there.
On top of that, the money for this model is not necessarily recurring because once you find someone a career and they move forward with it, they don’t need you anymore.
Perhaps a bright side is that due to the pandemic, many workers who were laid off are now trying to reevaluate what they want in life and are actively seeking career coaching.
21: Fitness Coaching
Personal trainers are always in high demand. And if you love for helping people obtain their weight lose, or fitness goals than starting a business as a personal trainer or wellness coach makes sense. You’ll be responsible for making workout and diet plans to help people stay on track with their diet and exercise regimen.
Your goal is to help them become physically fit and healthy.
Due to Covid-19 there have been many gym closures making it difficult for local gyms to stay open. So there’s a great opportunity to start your own at-home fitness business or do classes in the park so you’re outside and socially distanced.
You have many options which makes this type of business so great.
One really good option would be to create a fitness blog where you’ll share your fitness tips and position yourself as an authority within your niche. You can also post a workout program on Instagram, YouTube, and Facebook to gain a larger audience.
If you have fitness training and certifications that will add credibility. If you don’t you may want to consider getting them, otherwise you could be missing out on a lucrative business opportunity!
22: Website Flipping
What if you have money to invest in a business, but don’t want to do Amazon FBA or E commerce? What do you do?
You could make some quick cash by buying and flipping websites on platforms like Go Daddy of course!
Just like brick and mortar businesses, there are several different online business owners who are looking to sell their websites like digital properties.
But some people like the idea of buying a site cheap, fixing it up, and selling it. Just like people do with physical real estate.
Odds are you’ll be able to find a site in which the owner is just missing out on a few key SEO tactics that’s keeping them .
So for sake of an example, you could buy a site for about $5,000 put $1,000-$2,000 of high quality SEO into it and turn around and sell the site for $10,000-$15,000
That means you could profit $4,000-$9,000 with virtually no grunt work on your end.
Running an internet business like this can be extremely easy because not too many people are familiar with the digital real estate flipping game.
- Easy to jump into if you have a couple grand and little time
- Can easily outsource SEO and flip to profit
- Some sites might not be worth investing in
- Not too feasible without capital
Which Business Will Grow In Future?
Any kind of business that is based online will grow in the future. Ecommerce is up due to Covid. Amazon is up. Digital Marketing is becoming increasingly necessary as people stop seeing physical signs.
Lead Generation is also exploding as well, with all sorts of businesses chomping at the bit for some extra exclusive leads to keep them going.
What Is The Best Business To Start In 2021?
The most profitable business ideas would be businesses that offer services. You’re exchanging your time for money. So small businesses such as website design, lead generation, content marketing, digital marketing are examples of this.
And there’s virtually no overhead to these business types.
These are services that most people do not know how to do, and all extremely necessary for other small businesses to grow, which is why they make the most sales and bring in the most profit.
So offering services that people are unable to easily learn or don’t have the time to maintain are the best businesses to start.
What Are The Most Successful Small Businesses?
The most successful small businesses are usually businesses that earn money through recurring contracts.
Landscaping would be a good example because the contract is recurring.
However, our team at Scam Risk believes that digital real estate / local lead generation is one of the best businesses to start if you’re after recurring monthly income.
How Can I Start My Own Business With No Money?
This may not be the answer you want to hear, but if you’re looking to start a business…you’ll either have to spend a good amount of money or a good amount of time.
A lead generation business does not require a lot of money or time upfront, and you get to leverage that time!
How Do I Acquire Small Business Funding For These Best Business Ideas?
The best way to acquire small business funding would be through going to a lender for a business loan. Although other companies and platforms like Fundwise can get you the money you need!
Our #1 Recommended Way Of Making Money Online
It’s pretty much exactly as it sounds. You get the equivalent of rent payments for websites.
Here’s how it works.
Find a local owned service based business and decide to build a website and rank for it.
When the leads start coming in, pass them off to a business owner and start collecting the checks.
Is it really that simple?
You see compared to ecommerce, you don’t have to run any paid ads to a site. So, you’re only out of pocket like $8 a month for hosting and $11.99 a year for your domain.
And if you can’t afford that, well maybe we have other issues we need to talk about.
But seriously, lead generation sites make bank and they’re extremely passive.
Once you have them ranked, you don’t have to touch them again because they run on autopilot.
But what about the competition you ask?
Virtually nonexistent compared to affiliate marketing.
With ecommerce you’re competing with literally millions of people globally.
With lead generation we’re talking maybe 20 of the same type of business in an area. Most of which don’t know anything about ranking a site.
It legitimately couldn’t be any easier.
The best part?
These sites are worth $500-$1,000 on average a month!
If you had just 10 of these sites, you’d be making $5,000-$10,000 a month from passive income!
And your margins are literally 90-100%!
But that’s enough of that… for more information about this model that crushes every other online business model… check it out here!