Explore 7 genuinely innovative no-employee business ideas that possess the potential to generate earnings ranging from 10 million to 1 billion within a year.
It’s not clickbait;
Today I will tell you the same 7 business ideas that you can start with 0 or minimum employees and earn from 10 million to 1 billion within a year, it looks like a huge number right but I will also give you examples of real life businesses who have already done this
My personal experience with multiple businesses over three years showed minimal profits.
However, after discovering these ideas, my new venture is experiencing organic growth. Inspire yourself with real-life success stories from many entrepreneurs and start your own enterprise.
List of 7 One-Person Business Ideas That Can Make You a Millionaire | Start for FREE! | Real-life Examples
DISCLAIMER: Idea number 1 and 3 in the list is the same business that I adopted myself and idea number 7 is so easy that anyone can do it, for disclaimer let me tell you that even though these business ideas have the potential to earn million dollars but the success of each business depends on market demand execution and individual efforts
1. Become a Content Creator
In 2019, PewDiePie engaged in a spirited competition with T-Series for 100 million YouTube subscribers. While T-Series emerged as the winner, PewDiePie earned the distinction of being the first solo creator to achieve that feat. As of now, his annual earnings from YouTube alone exceed $5 million.
Moreover, numerous individual content creators have achieved significant financial success, earning crores through their captivating content on various social media platforms. Aspiring content creators are encouraged to explore the opportunity of establishing a YouTube channel or venturing into other content creation realms.
2. Became a Game Developer
Introducing idea number 2: Aeric, a skilled game developer, successfully accumulated a net worth of $35 million. A computer science graduate, he decided to pursue his passion for game development, taking inspiration from the acclaimed Harvest Moon series.
Fueled by his love for farming games, he embarked on a solo venture, developing the enchanting game Yuveli. Single-handedly managing coding, design, music, animation, and dialogue, he achieved phenomenal success, selling three million copies and earning 2500 crores within six years. This achievement showcases the tremendous potential of game development, even without coding skills or a team.
3. Become Content Writer
Idea number 3 focuses on content writing, following the footsteps of SCAW, who achieved remarkable financial success with earnings of 50 to 100 crores through profitable websites. Commencing in 2004, SCAW ventured into diverse niches, with the standout “Viral Hoga.” His well-crafted articles garnered millions of page views, resulting in substantial ad-generated revenue. His guide on building profitable websites without funding and employees is available for free (link in the description).
It’s important to recognize that attracting views and managing the workload solo can present challenges. However, with perseverance and skill development, aspiring content writers can aspire to emulate the esteemed SCAW.
4. Make Plugins
Allow me to introduce Amit Agarwal, the successful Indian solopreneur generating an impressive $20-30 million annually with no employees, all thanks to his ingenious plugins! Following his graduation, Amit ventured into blogging and the development of simple yet impactful plugins for Google Drive and G Suite. Over time, his collection expanded to include over twenty plugins, some available for free and others offered as paid options. Notably, Mail Merge gained massive popularity with a staggering 8.5 million downloads.
Furthermore, he designed the YouTube Video Uploader, providing teams with the ability to upload videos without a Google account. Solving real problems proved to be the key to his substantial earnings of 8200 crores from subscriptions. While Amit Agarwal’s computer science background certainly contributed to his accomplishments, students from non-tech backgrounds should take heart; success can be achieved by anyone with passion and honed skills.
5. Consultancy and Courses
Idea number 5 emphasizes offering consultancy and courses to harness the power of your unique skills and establish a flourishing business. From technical expertise and musical talents to language proficiency, culinary finesse, and extensive marketing experience, each individual possesses distinct abilities that can be monetized effectively. By creating affordable courses and setting appropriate consultancy fees, individuals can pave their path to financial success.
Moreover, it is crucial to recognize that myriad avenues beyond digital courses are available for individuals to explore in their pursuit of financial prosperity and professional growth.
6. Make Tech Products
Number 6 introduces Gumroad, an e-commerce platform catering to digital product sales. It offers a variety of items, including E-books, articles, and more. Creators can experiment and receive direct audience feedback, helping them fine-tune their offerings.
Gumroad advocates a prudent approach, suggesting creators test an article before launching a full-fledged book. Founded by true loving in 2011, the platform initially faced challenges, leading him to run it solo by dismissing the team. Renowned figures like Minium also use Gumroad to sell their products. This platform is a valuable hub for solo entrepreneurs to build successful businesses in the digital product market.
7. Starting an Agency
The last idea in the list is easy for anyone to start their agency. You should have expertise in just one skill. For example, design wizard Break Williams initiated this. Take monthly design projects, finish one project before taking another. Like Netflix, businesses pay $40000 monthly for a designer.
Full-time designers charge a lot, so this subscription service is more convenient. It’s a 1 percent design business that earns $1.2 million annually. They offer courses too. Learn a skill, do it well, stay updated, and start the service.
These were the seven great business ideas to become a millionaire in a year.