Even Though It’s Not Easy to Come Up with Great Business Ideas, We Are Giving Away These 15 Ideas for Free.
A BDI or Billion Dollar Idea is like a beautiful day, everybody owns it, but only some people take advantage of it. In this article we’re going to send 15 rays of sunshine your way – what you choose to do with them will determine what you reap.
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Here are 15 Billion Dollar Ideas Up For Grabs.
Reading this long article till the end is not a great idea because it will bore you to death. Switch out to the quick little video version of this article.
With that out of the way, let’s bounce back to the article.
Bees are big business. From crop pollinators to honey makers, bees are making it rain for anyone willing to see what is buzzing in this industry.
In 2019 Forbes proposed an interesting idea of valuing industrious insect populations like bees as if they were public companies. The valuations were based on data of agricultural economics that rely on bees as pollinators.
Forbes estimated the market cap of the global honeybee market at $20 billion. What we most love about bees is that while being big earners, they also add 100 times more value to the community than to the beekeeper, according to the USDA.
The need for sustainable living solutions is only becoming more important as the global populations continue to grow. The Business Research Company reports that “the global single-family housing green buildings market is expected grow to $113.54 billion in 2021 at a compound annual growth rate of 7.2%.”
If you’re able to corner the market on any aspect of sustainable small housing, the industry is in for a growing profit, with a shrinking household footprint.
The next billion-dollar idea might just come out of thin air! The pandemic shone the light on how unreliable the current “air purifying” solutions are, and what a huge market there is for clean air.
Air pollution costs the European Union $24 billion annually. That’s not including the cost to the health system, crop loss and building damage caused by air pollution, which is deep in the billions. There are 400 000 premature deaths every year in Europe linked to air pollution.
From green walls to bacteria filtering air conditioners, there is a world full of opportunity just a breath away. But how do you test a big idea on a real live market? Stick around and we’ll tell you.
Mobile Friendly E-learning
As every Aluxer knows, the internet is a treasure trove for learning. If you want to be in the business of E-learning your billion-dollar idea needs to provide for learning via mobile phones. Statista.com reports that in the first quarter of 2021, 54.8% percent of global web traffic was accessed on mobile phones.
Emerging markets have mostly skipped the desktop internet phase directly onto smartphone of tablet devices. However, it’s not just markets like Nigeria, Ghana and Kenya that have such high mobile web traffic. The US online traffic is accessed 48% on mobile phones.
If learning online sounds good to you, then be sure to watch our video:
Turning Trash into Treasure
One man’s trash is another man’s treasure never rang so true as in this business industry. The world is fast running out of space to stash its trash. At the same time precious metals are harder and more expensive and harder to access than ever. Partner the need for waste management with a much-needed tech product and you will be raking in the billions.
If you need some inspiration, look up the urban mining movement where precious metals are retrieved from tech waste.
It’s not certain that it will ever be business as usual after the pandemic, and the whole world has adopted a virtual work mindset. This means that there are plenty of new avenues for business to provide on-demand services remotely. Forget on-demand ride share, how about on-demand legal services or wedding officiators.
If you can get to market soon, you could have billions on demand before you know it.
Closing Loops in Food Manufacture
Back into waste, because as a human race we just can’t stop producing it! The growing need for repurposing organic waste is another wasteland of opportunity. This is made even more lucrative by the growing need for soil regeneration from years of unsustainable farming practice.
If you can turn a biproduct like orange peels from a juicing company into compost, then that black gold could be your ticket to billionaire status. Plus, you’re closing the loops in a circular economy and bringing the world to a more sustainable level.
If you want to be the next billionaire in the tourism industry you need to look into green travel. The tourism industry is one of the big contributors of global emissions, flights alone are considered to contribute 8% of global emissions.
According to the David Suzuki Foundation, airline flying increases 5% year on year, but the improvements of fuel efficiency of aircrafts hovers around 1 to 2%. Meaning that the demand for flights and the global emissions are both increasing.
Carbon offsetting is only one side of the equation for greening the tourism industry, albeit an untapped and profitable one. If you can contribute to energy efficiency in this sector, then the sky is the limit for your earning potential.
Sell an NFT
NFT’s might confuse most people, but what was considered a bubble continues to impress and rake in the money for investors and creators alike.
You don’t have to be as prolific as Beeple’s collage of 5,000 days of unique artwork to bring in big bucks in the Non-Fungible Tokens market. You could have the next ‘Charlie Bit My Finger’ gold already in your family videos. According to Rolling Stone that particular NFT recently sold for $760,999 at Auction. Another happy home snap “Disaster Girl” brought home $500,000 in April 2021.
Then of course there is hosting these auctions, license agreements and all the support industries that will now be created to police usage, safely store and distribute NFTs. All of these are ripe for the picking for any future billionaire willing to get involved.
If you want to know more about NFTs and what they are, check out 10 Things You Didn’t Know About NFTs.
Corporate Health and Wellness
Corporate Wellness is a huge industry. Pandemic health and wellness in the workplace is not only reserved for tech-startups offering lunch hour chiro appointments. Big companies are under pressure to provide an increasing number of health and wellness checks and services for their staff.
This global industry could provide a healthy business prospect to anyone willing to check it out.
Plant Based Industry
Steaks grown in labs, mushrooms for bacon, and milk made from yeast might already be in the testing phase. But businesses willing to roll these out to market will have their plates full…full of money!
In case that doesn’t have you craving a bite out of the pie, maybe you would be interested to note that the plant-based food market is expected to grow at a Compound Annual Growth Rate of 11.9% from 2020 to 2027. That means that by 2027 the plant-based pie will be worth $74.2 billion.
If you’re lost, fill yourself in with our video:
Women Safe Ride Share
Women are 51% of the world market. Ride share apps have changed public transportation, but they have posed a danger for women drivers and riders. If you are able to provide ride share alternatives that can combat this problem, increase safety and security of women then you’ll be in the driver’s seat to serve this majority market.
Like waste, water is a global priority. Population growth and freshwater shortages will increase the demand for water and wastewater treatment services globally.
According to Statista.com in 2016 the global water and wastewater market was worth a combined $265 billion. By 2018 that figure nearly doubles to a market valued at $465 billion. Anyone able to create, purify, manage, and transport water will see profits flow in.
On-Demand Home Services
Even though the gig economy has its downsides, on-demand services are here to stay. The pandemic has changed buyer patterns to more home-bound consumers, so anyone offering services that come to your home will continue to be in demand.
If you create the next Uber for health care services or beauty therapy, there could be instant billionaire status in your future.
Create the Next Best Seller
Entertainment earnings can be ludicrous. Stephenie Meyers’ earned herself a net worth of $120 million from her first book series, The Twilight Saga, and the franchise has netted over $3.3 billion. J.K Rowling created a billion-dollar career from stories about a schoolboy wizard. All proving that you don’t have to be a hardwired wolf of wall street type to bring in billions.
Anything from James Frey and The Fart Squad to Captain Underpants and Wimpy Kid are still topping the charts on any bestsellers list around the world, showing that the global taste for literature has changed from Dickens to Dork Diaries. So, write on.
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What industry do you think we will see the next big billion-dollar idea emerge from?