19 Most Profitable Niche Business Ideas With Low Competition

Summary

This video script explores 19 lucrative business ideas with low competition, ranging from specialized dog grooming to smart home technology installation. The speaker emphasizes the importance of niche specialization and provides examples of successful individuals in each field. From B2B freelance writing to eco-friendly cleaning services, the script offers a diverse range of opportunities, highlighting the potential for high earnings and the benefits of focusing on specific market needs.

Takeaways

• 🐾 Specializing as a dog groomer, particularly for breeds that shed a lot like Golden Retrievers, can be very profitable.
• 📈 B2B freelance writing offers a lucrative opportunity with average earnings of $40 per hour.
• 🧮 Online math or science tutoring, especially for specific exams like the PCAT, can earn over $100 per hour.
• 📄 Specialized resume writing, such as for accountants, allows for higher charges and can grow into a multi-figure business.
• 🌿 Eco-friendly cleaning services are in high demand, offering opportunities to charge premium rates for healthier home environments.
• 🌐 UI/UX agencies can generate substantial income, with examples of single-person agencies making over $1 million annually.
• 📱 Social media consulting, particularly for specific platforms like Facebook, can yield high hourly rates and significant profits.
• 💼 Digital marketing agencies, especially those that specialize, can secure clients and generate a full-time income from just one client.
• 🖥️ Virtual event planning agencies are growing, with the market expected to expand significantly through 2030.
• 🍺 Nano breweries, producing limited quantities of craft beer, offer profitable local business opportunities.

Q & A

What is the first business idea discussed in the video script?

The first business idea discussed is becoming a specialized dog groomer, focusing on particular breeds that shed a lot, such as the Golden Retriever.

What is the potential earning for a dog grooming business according to the script?

The script mentions a 31-year-old who makes $1.3 million a year with a dog grooming business.

What is B2B freelance writing, and how does it differ from B2C?

B2B freelance writing refers to business-to-business writing, where services are provided to other businesses. It differs from B2C (business-to-consumer) in terms of the target audience and the style of communication.

What is the average hourly rate for B2B freelance writers mentioned in the script?

B2B freelance writers are said to make about $40 per hour, which is above average.

What is the advantage of specializing as an online tutor according to the script?

Specializing as an online tutor allows one to charge higher rates, with the potential to make over $100 an hour, especially in a specific niche.

What is the potential income for a resume writer who specializes in a particular field?

A specialized resume writer can charge hundreds or even thousands of dollars per resume, leading to a potentially high income.

Why is an eco-friendly cleaning service considered a good business opportunity?

An eco-friendly cleaning service is considered a good opportunity because it offers healthier alternatives to traditional cleaning, allowing for higher charges and a growing market demand.

What is the potential annual growth rate for the virtual event market from 2023 to 2030?

The virtual event market is expected to grow at a compound annual growth rate of 18.8% from 2023 to 2030.

What is the significance of specializing in UI/UX for a business?

Specializing in UI/UX is significant because it can greatly improve the functionality and user-friendliness of a business's website, leading to increased customer retention and profitability.

What is the role of a social media consultant, and how much can they potentially earn?

A social media consultant specializes in strategies for growing a business's social media presence. They can potentially earn $53 an hour or more, with opportunities to earn significantly more by starting their own consulting business.

What is the potential earning for a Twitter copywriter according to the script?

A Twitter copywriter can potentially earn between $200 to $2,000 per day, with some making seven figures a year.

What is the importance of specializing when starting a digital marketing agency?

Specializing is important when starting a digital marketing agency because it allows the business to focus on a specific area, solving a particular problem for a specific audience, which can lead to higher profitability.

What is the potential income for an online course consultant?

An online course consultant can charge around $295 for a package of consulting services, with potential to earn more as they build their clientele.

What is the potential earning for a specialized catering service focusing on a specific diet?

A specialized catering service can potentially earn $600 a month from serving just one type of meal to 20 people, with the potential to scale up significantly.

What is the role of a modern office interior designer, and how much can they charge?

A modern office interior designer focuses on creating appealing workspaces to attract employees back to the office. They can charge between $40 to $70 per hour or more, especially with specialization.

What is the potential income for a nano brewery business?

A nano brewery business can potentially earn a significant income by producing limited quantities of craft beer and selling it at a premium price to niche markets.

What is the potential earning for an online bookkeeping and accounting agency?

An online bookkeeping and accounting agency can potentially replace a $100,000 salary and grow significantly, especially during tax season.

What is the role of a ghostwriter, and how much opportunity is there in this market?

A ghostwriter creates content for others without attribution. The market for ghostwriting is growing, with opportunities to earn a substantial income, especially in niche areas.

What is the potential earning for a business selling supplements and vitamin products?

A business selling supplements and vitamin products can potentially earn millions of dollars, with the US dietary and supplement industry being a $50 billion a year market.

What is the role of a smart home technology installer, and how much opportunity is there in this market?

A smart home technology installer sets up devices like Alexa or Siri in homes, often in wealthy neighborhoods. The market is growing and is expected to become massive, with businesses potentially earning up to $100 million a year.

Outlines

00:00

🐶 Profitable Dog Grooming Business

The video introduces the concept of dog grooming as a profitable business, particularly by specializing in specific dog breeds that have unique grooming needs. The video highlights the success of a 31-year-old dog groomer who makes $1.3 million a year. It discusses the importance of specialization in the market and how it leads to better customer satisfaction and higher earnings. The paragraph also encourages viewers to take action if they are tired of their current job and emphasizes the profitability of niche markets.

05:01

📚 B2B Freelance Writing Opportunities

The second paragraph explores the potential of B2B freelance writing as a profitable business idea. It explains the differences between B2B (business-to-business) and B2C (business-to-consumer) markets and how writing for B2B is different but can be easier to learn. The paragraph provides examples of freelance writers making substantial income and emphasizes that good writers are irreplaceable despite advancements in AI. It concludes by assigning an 8 out of 10 opportunity score to this business idea.

10:02

👩‍🏫 Online Math and Science Tutoring

This section discusses the lucrative potential of online tutoring in math and science. It underscores the importance of specializing in specific subjects to maximize earnings, citing personal examples and case studies. The video mentions tutors earning over $100 per hour and highlights the ease of turning this side hustle into a full-time business. The opportunity score for online tutoring is given as 8.5 out of 10.

15:03

📝 Resume Writing Services

The video explores resume writing as a business opportunity, emphasizing the need to specialize in writing resumes for specific professions. It explains how specialized resume writers can charge significantly more than generalists, and provides examples of people who have turned resume writing into multi-million dollar businesses. The opportunity score for this business idea is rated at 9 out of 10.

20:04

🌿 Eco-Friendly Cleaning Services

This paragraph highlights the growing demand for eco-friendly cleaning services, which avoid toxic chemicals and offer healthier cleaning options. It explains how these services can charge higher rates due to their specialized nature and environmental benefits. The video details the potential earnings and scalability of such a business, ultimately assigning it an 8 out of 10 opportunity score.

25:05

🖥️ UI/UX Design Agencies

The video delves into the field of UI/UX design, explaining its importance in creating user-friendly and visually appealing websites. It provides examples of highly successful UI/UX designers and agencies, and discusses the preference of businesses to hire agencies for such projects. The opportunity score for starting a UI/UX design agency is given as 8.5 out of 10.

Keywords

💡Dog Groomer

A dog groomer specializes in maintaining the cleanliness and appearance of dogs. In the video, it's suggested to specialize in specific breeds or those that shed a lot, like Golden Retrievers, to add more value to customers. This niche can lead to a successful business, as exemplified by a person making $1.3 million annually.

💡B2B Freelance Writing

B2B (Business-to-Business) freelance writing involves creating content for businesses that sell products or services to other businesses. This type of writing differs from B2C (Business-to-Consumer) writing and is presented as a profitable niche in the video, with B2B writers earning about $40 per hour.

💡Online Tutor

An online tutor provides educational instruction via the internet. The video highlights the importance of specialization, such as focusing on standardized tests like the PCAT, which can command higher rates, potentially making over $100 per hour.

💡Resume Writer

A resume writer helps individuals craft resumes that effectively showcase their qualifications to potential employers. The video advises specializing in certain professions, like accounting, to charge higher fees and provide more value, making this a lucrative side hustle.

💡Eco-friendly Cleaning Service

This business offers cleaning services using environmentally friendly products and methods. The video explains that these services are in demand due to health and environmental concerns, allowing providers to charge a premium over traditional cleaning services.

💡UI/UX Agency

A UI/UX (User Interface/User Experience) agency focuses on designing websites and applications that are both visually appealing and easy to use. The video suggests that such agencies are profitable because businesses recognize the importance of good design in retaining users.

💡Social Media Consultant

A social media consultant advises businesses on strategies to improve their presence and engagement on social media platforms. The video emphasizes the potential high earnings in this field, especially when specializing in platforms like Facebook or specific strategies.

💡Virtual Event Planning Agency

This agency organizes and manages online events such as webinars, conferences, and virtual challenges. The video notes the growing demand for virtual events and the significant market size, making it a promising business opportunity.

💡Ghostwriting

Ghostwriting involves writing content for someone else who is credited as the author. The video mentions that specializing in platforms like Twitter can be particularly profitable, with ghostwriters earning substantial incomes by creating content for clients.

💡Smart Home Technology Installation

This business involves setting up smart home systems that integrate devices like lights, thermostats, and security systems, which can be controlled remotely. The video highlights the growing market for smart home technology, especially in wealthy neighborhoods.

Highlights

19 unique and low-competition business ideas are discussed, offering opportunities in various niches.

Specializing in dog grooming for specific breeds that shed more can provide a better customer experience and higher demand.

A 31-year-old entrepreneur's success story in dog grooming, starting with minimal resources and making $1.3 million a year.

B2B freelance writing is a lucrative opportunity with a large market, as there are 33.2 million businesses in the US alone.

B2B freelance writers can earn $40 per hour, which is above average, highlighting the potential in this field.

Online tutoring in math or science, especially in specialized areas, can be highly profitable, with some tutors making over $10K per month.

Resume writing services can turn into a high-income business by specializing in particular types of resumes.

Eco-friendly cleaning services are becoming more popular and can command higher prices due to health benefits.

UI/UX agencies are in high demand to improve website functionality and aesthetics, with potential for significant income.

Social media consultants can provide valuable strategies for businesses, with the potential to earn over six figures annually.

Content marketing is highly effective, with some individuals making substantial income from YouTube channels.

Twitter copywriting is an emerging field with opportunities for high earnings, even for those with a modest follower count.

Digital marketing agencies offer a scalable business model with a wide range of services and high earning potential.

Online course consultation helps creators produce effective courses, with a growing market for this service.

Specialized catering services for specific diets, such as vegan or keto, can be highly profitable and meet a growing demand.

Virtual event planning is a growing industry, with opportunities for agencies to cater to various types of virtual events.

Modern office interior design is a niche market with potential, as companies invest in making workspaces more appealing.

Nano breweries offer a niche market for craft beer enthusiasts, with potential for high profit margins.

Online bookkeeping and accounting services cater to specific situations, providing opportunities for specialized agencies.

Ghostwriting is a growing service, especially on platforms like Twitter, with potential for high earnings.

The supplement and vitamin industry offers significant opportunities for niche marketing and high revenue.

Smart home technology installation is an emerging market with high potential for growth and profitability.

Transcripts

all right guys today we're going to be

talking about 19 of the most profitable

business ideas with low competition and

I'm going to be going over a lot of them

that you've probably never even heard of

before that are actually great

opportunities right now so if you

appreciate me making these types of

videos let me know by gently tapping

that like button and let's go ahead and

jump in so first on the list is going to

be a dog groomer but you need to be a

specific type of dog groomer right so

it's best to specialize in specific

types of dogs because they have specific

specific types of problems there are

certain types of fur babies that shed a

lot more fur than other types and so

when you specialize in those types of

fur babies and basically making sure

that they're well groomed that's going

to be a better experience for the

customer so their dog isn't shedding all

over their house all the time now the

labrador retriever the German Shepherd

and the golden retriever are the top

three most popular breeds in the United

States and out of those three the golden

retriever is the one that definitely

sheds the most so you could focus on

either the really popular dogs or the

ones that shed a lot and basically just

specialize on those and that would make

you even more valuable to customers and

if you don't think you can make money

doing this well there's this 31-year-old

who makes $1.3 million a year with a dog

grooming business and he said that he

came to the US with two scissors and a

Clipper right so this guy went from

absolute zero to making $1.3 million a

year and generally speaking You' charge

about $30 to $90 per dog grooming

session now different types of dogs cost

more than other types like the smaller

types of dogs typically are going to be

uh more affordable and then bigger dogs

are going to cost more cuz it takes a

lot longer and just more effort to groom

them but yeah these types of businesses

are booming and you know if you watch

any Market the way that it works is it

starts off as just all the generalists

do everything and then at a certain

point it gets to the point where you

have to start specializing and that's

what's going to happen very soon in this

market if not it's happening right now

it's probably happening right now if

we're being honest so yeah if you lived

in a certain area where the people are

maybe upper class and they have a lot of

poodles and Border Collies and stuff

like that it would probably be a good

idea to specialize in those types of

dogs and yeah anyways this is a booming

business uh doing extremely well right

now you also get to spend a lot of time

around animals which is great so I'm

going to give this one a 9 out of 10

opportunity score so if you're exhausted

with your 9 to-5 job you need to pay

attention these were my earnings after a

few months of doing YouTube When I was a

full-time stressed out pharmacist and

I'm going to walk you through how I

earned a full-time income from YouTube

alone and the three most important

simple steps that can allow you to do

the exact same thing and if you sign up

now you can also get a free mini course

if you attend the live training now this

is a limited seating live training so

make sure that you save your seat and

you can do this by clicking the link

down in the description and the pin

comment below and honestly my team and I

thought about charging like $300 to

attend this but we ended up deciding to

give it away for free because we really

want to help people out and by the way

during this session you can ask me any

questions there'll be a Q&A session plus

there's not going to be any delays so I

look forward to seeing you there all

right next one is going to be B to B

freelance writing and B2B means business

to business so this is basically

businesses that work and cooperate and

sell to other businesses so they provide

products and services that are useful

for other businesses and in the us alone

there are 33.2 million businesses so

there's a lot of Market out there for

B2B type businesses and the way you do

writing or content or anything uh online

marketing paid ads anything literally

anything online is going to be

completely different if you're in a B2B

Market versus a b Toc market so B Toc is

just business to Consumer B2B like I

said is business to business and the way

you talk to business owners is

completely different than the way you

talk to uh businesses to Consumer so you

could specialize in being a B2B

freelance writer of some sort now if you

don't think you can make money as a

freelance writer I don't know what to

tell you I mean one of the easiest ways

to make money definitely not going to be

outsourced or automated or you know

deleted by AI guys and I'm I'm the

biggest fan of AI I absolutely love AI

use it as much as I Poss can but I'm

telling you guys right now like nothing

replaces just a good writer now good

writers can use AI to make their work

better and also work faster that's

definitely something you can do but in

terms of replacing writers it's that's

just not going to happen and there are

Freelancers out there just tons of

testimonials this person's making 4,000

a month as a freelance writer part-time

I I think you guys know that you can

make money as a freelance writer I don't

think I really need to show you that

many testimonials but you see that B2B

freelance writers or B2B content writers

make about $40 in hour which is above

average and to be honest with you I

think that B2B content writing is

probably a little bit easier to learn

it's different but I think it's actually

easier than b2c so yeah this is a really

good opportunity uh something that I've

seen out in the market not that many

people who are good at doing B2B content

I mean like I said it's easier to learn

in my opinion it's just different and

I'll go ahead and give this one an8 out

of 10 opportunity score next is going to

be an online math or science tutor so

this is one where you typically do want

to try to specialize a little bit so you

probably don't want to be just like a

generalist math tutor maybe you could

start off there but typically it's best

to specialize in something so for

instance I did this back in college and

what I did is I taught people how to

pass what's known as the pecat which is

the pharmacy College admissions test

because I studied really hard for the

PCAT I had a pretty good score on it and

then I basically just tutored other

people how they can get a good score as

well and these were people who were in

pre- Pharmacy and they were trying to

become Pharmacists and I made over $100

an hour doing this as a college student

right so if you the right Niche this can

be incredibly lucrative and this is why

I've mentioned it in many videos before

and I'll continue to mention it because

it's one of the best side hustles out

there and it's also one of the best

things that you can actually turn into a

full-time business as well so for

instance this person says that they work

about 30 to 40 hours per week and charge

$90 per hour that means they're making

easily over 10K per month as a tutor so

yeah very reasonable to be able to make

money with this even if you're a

generalist tutor let's say you're just

like a generalist math tutor you'll

probably make between $25 and $80 per

hour but the realone money comes when

you specialize guys I mean that's just

something that I know I repeat over and

over again I probably sound like a

broken record but it doesn't make it

less true so you want to specialize you

want to Niche down so yeah an online

tutor I'm going to go ahead and give

this one an 8.5 out of 10 opportunity

score next is going to be a resum writer

and this is another one where I've seen

people start this off as a little side

hustle and then turn it into a multi7

figure a year business and this is where

you basically just help people write

their resumés so that they can apply to

jobs and actually get through to the

person who is the decision maker and

then hopefully they get the job and rs

are extremely important when it comes to

getting jobs so again the secret here

guys is to always Niche down write

particular types of resumés for instance

if you are out there and you're an

accountant right you're an accountant

watching this write accounting résumés

because you're going to be much better

at writing those types of rums than just

a generalist resumé writer and you can

charge a ton of money for that guys the

more specialized you are the more money

you can charge because the more Niche

your knowledge is it's all about supply

and demand now generally speaking people

who post kind of like generalist resumés

make about $3 to $40 per ré written but

most of the time these are very very

poorly written résumés and people who do

more specific résumés can charge

hundreds of dollars per resume or even

thousands of dollars per resume written

and that way you don't have to rely on

this when you apply for a job so yeah

this one's really good I'm going to go

ahead and give it a 9 out of 10

opportunity score next is going to be

eco-friendly cleaning service so this is

one that's really interesting and it's

basically environmentally friendly uh

and sustainable cleaning services so

this is where they don't use all the

different toxins and all the different

non biodegradable different types of

cleaning agents and all that kind of

thing and basically they just make it to

where the house is a lot healthier

because a lot of these different toxins

and stuff like that actually end up

seeping into your skin and getting into

your body and it's extremely unhealthy

you know some of them you'll end up

breathing in and that can be unhealthy

it can cause allergy issues or you know

all kinds of different stuff so a normal

cleaning service already makes really

good money but if you're an eco-friendly

cleaning service like you're you're

extra healthy cleaning service oh my

gosh you can charge a ton of money so

you can easily make easily just starting

right off the blocks $25 to $60 an hour

easily you know if you're doing like a

green cleaning service you can easily

charge an extra 20 30 even 50% more than

a normal cleaning service and the cool

thing is is you can start off just doing

this by yourself and you can get to six

figures a year just by yourself but

eventually you can get to the point

where you hire employees and then you

can get to multiple six figures and even

seven figures a year with this type of

business so yeah really good one a lot

of these physical businesses are super

underrated everybody says oh do the

online business stuff and don't get me

wrong that's what I did and I do love it

there's a lot of advantages to it but

the truth is it's probably a lot easier

to start a physical business like this

the ceiling isn't as high and you know

the amount of freedom and you know time

location and financial Independence that

you have you it's probably not going to

be as good but it's e easier to just

start a business like this and just

start making money right away so it

could even just be kind of a side

business that you do just to fund your

main business that you want to do online

so yeah really love this type of

business uh lots of opportunities out

there a lot of people just don't want to

get their hands dirty I remember I was

trying really hard I lived in Washington

state and I was trying really hard to

hire a carpet cleaning service and they

were just giving me the most ridiculous

rates for carpet cleaning and I just

couldn't find anybody and then I finally

found somebody and they they were busy

for the next 3 weeks so there's lots of

rooms in these types of markets and I

was living in kind of a medium-sized

City so really good one I'm going to go

ahead and give this let's say an 8 out

of 10 opportunity score next is going to

be a uiux agency so I've talked about

uiux a lot on the channel before user

interface user experience and as a uiux

agency you would be helping people to

design their websites to where you know

the websites are very nice looking of

course but also they're extremely

functional and they keep people coming

back again and again so you want to make

your website as easy as possible to use

and that's actually one of the biggest

secrets of Facebook Facebook is one of

the first companies that really adopted

UI and ux and that's what made them take

over the market because their website

was so unbelievably easy for people to

figure out how to use even older people

who had no idea how to use technology

were able to easily figure out how to

use Facebook and so yeah UI ux agencies

as you can probably imagine you know

huge difference in profitability uh for

companies that actually Implement uiux

versus the ones that don't and there's

an example of this guy who's a oneman

design agency he does uiux and he makes

a million dollars a year literally just

by himself that's it like no employees

right so you can easily make it to like

100K per year up to you know multiple

seven figures a year doing a uiux agency

so yeah this is one of those where from

an employer's perspective it makes a lot

more sense for me to hire an agency to

do this rather than hiring a full-time

employee because it's kind of something

that's more of a one-time contract type

of thing like I just want to hire a

really good agency to take care of the

problem for me and then maybe they do a

little bit of Maintenance down the line

like I have them on retainer just in

case something goes wrong but for the

most part it doesn't really make as much

sense for me to hire a full-time

employee for this type of position but I

do see the value of hiring an agency so

yeah really good opportunity here I'm

going to go ahead and give this one an

8.5 out of 10 opportunity score next is

going to be a social media consultant

and this is basically somebody who would

specialize in a particular social media

platform usually or maybe they just

specialize in social media in general

and you would consult with them on

strategies for how to grow your own

social media platform so just to give an

example uh there's this guy here who

will strategy consult with Facebook

businesses so he basically gives

strategy Consulting for Facebook related

businesses so that would be an easy way

to start the business is just to kind of

start off as a freelancer offering gigs

on Fiverr or upwork Etc but after some

time you'd probably want wanted to start

your own Consulting agency you know and

this guy for instance charges $70 an

hour right $70 an hour over 3,000 orders

I think you can do the math there that

is a lot of money and generally speaking

social media consultants do make about

$53 an hour so even if you just get

hired for a full-time job you can make

really good money over six figures per

year but of course you can make way more

money if you just start your own

business and so yeah this one's pretty

good um definitely my recommendation as

almost always would be to specialize

Niche down in a particular type of

social media that you're already really

good at or you already know a lot about

so yeah I'm going to go ahead and give

this one a 9.5 out of 10 opportunity

score social media is everywhere right

now um pretty much any marketer will

tell you that content marketing is

giving the highest Roi out of any

different type of traffic acquisition

Channel content marketing just beats

everything else by a mile you know Alex

rosi for instance came from the ads

world where he was running paid ads and

he said that he was getting 27 times

more out of content Marketing in terms

of how much money he was spending on it

than he was out of doing paid ads so

that just kind of shows you how much

better content marketing is and that's

why you see these people blowing up on

YouTube starting their own businesses

and making a ton of money in the first

few years like I was able to do you know

I make six figures a month from this

channel alone and I do actually coach

several people per month on how they can

do it themselves but I'm very picky

about who I uh pick for the program um

however if you are interested in getting

my coaching and you're very serious

about doing it there is going to be a

link down in the description as well as

the pin comment below you can check it

out and also Al if you're just curious

about how you know YouTube works and

like how to start a YouTube business

there is some free training down there

as well and the same exact link so

basically I go over some free training

either way so definitely check that out

next would be a Twitter copywriter and

this is a really interesting one because

right now I'm a huge fan of it I think

that it's a great platform in general

but I think my favorite thing about it

is it's actually really good for making

money right now it's one of the more

underrated platforms and I've actually

been posting a lot on Twitter and not

only is it really good for making money

but it's also incredible for networking

so just to give you an example this guy

made $50,000 in two months from

freelancing with

$199 Twitter followers so Twitter is an

incredible way to network get jobs uh

get gigs as a freelancer sign clients as

a business owner just make money online

in general uh Twitter is really good

right now and if you want help sort of

making good content on Twitter you're

probably going to hire a Twitter

copywriter to help you make good content

so that's where the Twitter copywriters

come in and they typically charge about

$10 to $100 for a single tweet and so

for 20 tweets a day you'd probably be

making anywhere from $200 to $2,000 and

so that's why you see a lot of these

Twitter copywriters that are absolutely

crushing it so this is a really good one

um this one is on the rise I've been

saying this for a few years now and it's

absolutely I've been proven to be true

um there are literally Twitter

copywriters that are making seven

figures a year now so I'm going to go

ahead and still say this is a really

good one to get into in fact I'd say

it's an even better time to get into it

now than it was a couple years ago when

I first mentioned it um I'm going to

give this one a 9 out of 10 opportunity

score next is going to be a digital

marketing agency so there's a lot of

different types of digital marketing

agencies out there that you could start

and there are literally countless

examples of people making a full-time

income doing this so Jimmy Nicholas for

instance built his Niche focused agency

from nothing into a multi-million dollar

agency in less than 7 years and the

average in terms of digital marketing

services in 2024 ranges from $2,500 to

$122,000 per month so if you land a

single client you're basically probably

on average going to be making a

full-time income from that single client

so that's why this is so powerful now as

usual guys I know I sound like a broken

record but you want to Niche down you

want to specialize don't be offering

everything to everybody offer a very

specific thing to a very specific person

to solve a very specific problem and

that is how you make money in business

guys and I say this over and again but

then I get on the phone with people who

are like oh yeah I'm just offering

everything to everyone and I'm like have

you been watching my videos like that's

of course why you're not making money CU

you're trying to offer everything to

everyone why would they do that so yeah

digital marketing agency amazing

business model to get into with that

being said it's probably better that you

get into something like this first as an

employee okay so if you get hired in a

digital marketing role you're basically

going to be paid to learn digital

marketing and that's the beautiful thing

about this now this is a relatively new

career and a lot of the time they do

hire uh younger people for these types

of careers and so you can literally get

paid to learn digital marketing it

doesn't take that much or that long to

get into a digital marketing job and you

can get paid to learn it and then later

on after you've gotten paid to learn the

skills you can start your social media

marketing agency on the side but yeah

I'd say the easiest way to get a digital

marketing job is actually through my

friend seph he's somebody who I've

brought on the channel before he's

basically the goat of getting people

digital marketing jobs that don't

require college degree or previous

experience he's my business partner I've

interviewed a bunch of our students on

the channel uh for instance there was a

16-year-old who was able to land a

$40,000 a gear job interviewed him

before he's awesome James check him out

I might actually bring him on the

channel again at some point in the near

future because now he's like 18 so yeah

Seth does have a free training where he

goes over what digital marketing is the

different types of digital marketing

whether or not digital marketing is a

good choice for you the different types

of personalities that work with it and

all that kind of thing all of that is

revealed in his free training which I

will put down in the description as well

as the pin comment below so definitely

check that out so yeah digital marketing

agency I'm going to go ahead and give

this one a 9 out of 10 opportunity score

next is going to be an online course

consultant so this is basically where

you would consult on how people can

create an online course that actually

gets their students results because

there's a difference between creating an

information based course versus a

results based course because what's just

as valuable is telling the students the

right information is not telling the

students the wrong information leaving

that wrong information out and honestly

even better than that is leaving the

mediocre information out as well and

basically just making it a super

straight line to get from where they are

to where they want to be and leaving out

anything that doesn't follow that

straight line process and most coaches

and course creators unfortunately make a

big mistake in that they have too much

in their course they try to overpopulate

their course and it just ends up

information overwhelming people and then

they don't get results and so this is

something you could teach as an online

course consultant and there are tons of

people out there doing this for instance

this lady on Fiverr charges about $295

for a package Consulting on online

courses so you could start on Fiverr or

upwork Etc get your first few clients

and then build your agency or your

consultancy from there so yeah this

one's a really good one I'm going to go

ahead and give it a 7 out of 10

opportunity score another amazing

business opportunity in 2024 is going to

be a specialized ging service this is

where you would specialize in a

particular type of diet for instance you

could specialize in vegan keto carnivore

whatever diet people in your local area

really want or whatever diet you feel

really good about making yourself or

whatever diet you really enjoy yourself

or maybe you just enjoy cooking for etc

etc you want to specialize in a diet

that's the big thing and then you want

to offer either a catering service or a

delivery service for that specific type

of food so if you are someone who is

ever followed a specific diet you are

going to immediately see the value in

something like this because it's

actually really difficult to cook for a

specific type of diet and it's really

difficult to know that you're getting

food that follows the dietary guidelines

and so if you can create a service that

where they don't have to worry about

that and they know they're getting some

tasty food that's healthy for them that

follows their dietary guidelines and

they're getting it in a very efficient

manner where you're saving them a bunch

of time they're going to pay you really

good money for that so just as an

example for vegans who are about 3% of

the population in the US they typically

pay about $30 per person per meal and

this is at restaurants and so if you

serve 20 vegans per month let's just say

20 deliveries of a single piece of food

per month that's $600 a month and the

crazy thing is is you can just do that

with one person so with one person you

can make $600 a month and then when you

have a few clients you can see how these

numbers would really stack up and you

before you know it you'd probably be

making over $10,000 a month and that's

what a lot of these catering and

delivery bus businesses are doing

they're absolutely crushing it by

specializing in a particular type of

diet so yeah really love this one um I'm

going to give it a 9 out of 10

opportunity score I think it's amazing

next is going to be a virtual event

planning agency so this could be any

number of different virtual events so

virtual conferences uh virtual webinars

Etc another one that companies do all

the time is virtual challenges now I've

done a few of those myself and typically

companies do these in order to bring

more awareness to their product or

service uh educate Their audience and

eventually down the line make extra

sales for their product or service and

these can be incredibly successful and

very lucrative as well and the virtual

event Market size was estimated at about

$78 billion in 2023 and it's expected to

grow at a cager or compound annual

growth rate of

18.8% from 2023 to 2030 which is amazing

so yeah virtual events are not going

away uh they're huge just as an example

Tony Robbins once held a virtual event

with over 400,000 attendees over a 7-Day

period so that's an example of someone

doing this at the highest level and as

you could probably imagine there would

there needed to be a lot of Technology

infrastructure to make sure they could

accommodate uh all those people now

virtual event planners on upwork

typically charge between 20 and $100 per

hour but of course you can make more

than that if you start your own agency

so yeah this one is pretty good um again

I feel like a broken record make sure

you specialize in particular types of

virtual events go out there on the

market interview people figure out what

they really want and specialize but yeah

this one I'm going to go ahead and give

it an8 out of 10 opportunity score all

right guys I'm going to try to get

through these last ones faster um cuz I

feel like I'm going into too much uh

detail on these so modern office

interior designer this is a pretty good

one because offices are trying to get

people to come back in right people got

a taste of that remote work lifestyle

and they loved it they don't want to go

back to the office and so offices are

trying desperately to get people back

into the office and so they're making it

kind of look look like Google

headquarters and just making it look

super fun and hip and awesome awesome

and a place you'd want to be at this is

actually a really good Niche to go into

right now so interior design but

specifically modern office Interior

Design This is a great Niche to go into

uh interior designers offer their

services for typically around $40 to $70

per hour on upwork and if you specialize

even further in modern office interior

design where you're basically only

working with other businesses you can

charge a heck of a lot more than that

let me tell you so um I know people who

are crushing it doing something very

similar to this look into this stuff

guys lot of opportunities here I'm going

to go ahead and give this one an 8.5 out

of 10 opportunity score next one is a

really fun little local business you

could do and that's a nano brewery and

this is basically a small scale Brewery

that produces limited quantities of

craft beer now you know definitely in

certain parts of the United States craft

beer is extremely popular and people get

very hipster with their craft beer you

know um if you drink flat tire for

instance that might be too mainstream

for a lot of people out there and so a

lot of people only want to drink beer

from Nano breweries and they feel

Superior when they drink that type of

beer right I'm sure you probably know

someone like that there's this cool

example of you know a 23-year-old that

bought a $150 home beer brewing kit and

turned it into a sixf fig business so

there are a lot of opportunities out

there for these little niche micro

breweries you know people are making

really good money with this and you can

charge a lot more than a typical beer

because you're making craft beer right

so you're making a type of beer that is

superior and it's not mainstream and

it's homemade and a lot of people prefer

that kind of taste so you can charge a

lot more than normal beer companies and

then you can just sell it to local

businesses or all that kind of thing and

a lot of local businesses actually like

to support uh other local businesses

which is great so yeah there's a good

amount of opportunity here um definitely

a lot more to it than that but I'm going

to go ahead and give this one a 7 out of

10 opportunity score the next one is an

online bookkeeping SL accounting agency

so this is one where you know as an

entrepreneur myself I went out there and

I started trying to look for basically

online accountants and online

bookkeeping services that cater to my

specific situation because I travel all

over the world so I haven't been back in

the US in over two years now and this is

a very weird situation that not that

many people fall into and I had a really

hard time finding a bookkeeping or

Accounting Service that knew anything

about this and so again guys this all

comes down to specializing now I'm in a

particular situation I'm not telling you

to go out there and start an online

bookkeeping or accounting service for or

digital Nomads or people that travel the

world but find people who are in

specific situations that make their tax

situation different than other people

and then help those people right find

those niches and that's how you really

can grow a business like this you know

and there's this guy right here who

posted on YouTube about how his

bookkeeping business replaced his

$100,000 salary he was able to start a

bookkeeping business and by the way you

don't need to be an accountant uh or a

CPA you don't need to be certified in

order to start a bookkeeping business

bookkeeping and accounting is is a

completely separate thing and this one

can be especially profitable when it's

at certain times of the year like around

the end of the year towards tax season

there's tons of people that are hiring

for these types of positions and are

hiring different bookkeeping agencies so

yeah this one's really good lots of

opportunity here I'm going to go ahead

and give it a 7 out of 10 opportunity

score by the way share this video with a

friend who needs to see it someone who's

out there looking for a side hustle or

looking for a niche business idea to

start go ahead share this video with

them we've done hundreds of hours of

research on this I also inserted a lot

of my own life experiences and just

things that I've noticed over the years

into this video so if you appreciate

that go ahead and share this with

someone else who wanted to see it as

well and would also appreciate it next

is going to be a pretty easy one to get

into and that is Ghost writing so this

is basically one where you'd want to

specialize so you'd want to become a

ghost riter for a particular platform so

for instance you might become a Twitter

ghost riter and it's probably even

better to specialize even further than

that and become a Twitter Ghost Rider

for a specific Niche so for instance you

could be a Twitter ghost riter for

people who sell info products online or

a Twitter ghost riter for people who own

SAS companies something along those

lines and this is one that I've seen

absolutely blowing up in the last few

years um not just Twitter Ghost Rider

because I know I mentioned that before

but just ghost riding businesses in

general the need to create content is

intense and a lot of people have already

created a good reservoir of content and

they basically just want a ghost riter

to kind of go in there read their

content extract the interesting bits out

of it and then post post it all across

social media and so this can be really

good and here's a story of this guy uh

bootstrapping a 1 million plus dollar

ghost riding business from rural Ohio so

yeah you can definitely make a ton of

money doing this um lots of different

niches out there as well I just use

Twitter as an example but there's lots

of other ones I'm going to go ahead and

give ghost writing a 9 out of 10

opportunity score next is going to be

selling supplements and vitamin products

so this is one guys where again I know I

sound like a freaking broken record but

you want to specialize in Niche down one

thing that's really hot right now is the

carnivore diet um this is something you

know I follow all the different Trends

on YouTube and this is a trend that is

extremely hot right now and I I'm

telling you right now there are going to

be people that make like a hundred

millionar selling different supplements

related to the carnivore diet so it's

something to look into it's a you know I

personally think it's a great diet I

personally kind of like to sort of

switch on and off different diets um but

the carnivore diet is really good for

kind of identifying um different types

of allergies you might have or

sensitivities that you might have but

yeah the US dietary and supplement

industry guys is a $50 billion a year

industry that is massive that is

absolutely massive so many different

stories of people who were able to start

massive businesses um in this space this

guy for instance turned $5,000 into $10

million selling supplements on Amazon

and just so many different examples of

people making money with this so yeah

this one is really good um make sure you

kind of sell good quality supplements

get a good reputation

and sell them in the right types of

Industries uh like I said carnivore for

instance is really good right now um I'm

going to go ahead and give this one an

8.5 out of 10 opportunity score another

one I really like and I think this one's

going to be extremely hot is going to be

installing Smart Home Technology and

specifically you'd be installing this in

wealthy neighborhoods so uh there was a

client that I recently talked to who was

interested in starting on YouTube and he

basically does something very similar to

this but this is actually even more

Niche than what he does and he said this

is what people are really interested in

right now so installing smart home

technology so Alexa or you know Siri or

whatever um hooking that up to different

smart home technology so you can tell it

to turn your lights on or tell it to

turn the air conditioner on or give it

different instructions or you know you

can even integrate AI with it now it's

getting really crazy what you can do

with this type of thing it's actually

incredible and so this is going to be a

massive Market um there's going to be

businesses that probably get up to like

$100 million a year uh in this market so

it's there for the taking it's

relatively new it's in its infancy

people are still figuring it out but

this is absolutely going to be a massive

market so I'm going to give this one a 9

out of 10 opportunity score by the way I

did make a video on 10 of the easiest AI

related side hustle so if AI is

something you want to get into you can

definitely check that video out it got a

couple hundred thousand views I think

and you can check it out by clicking

right here