27 Business Ideas For Investment Bankers [2024]
Interested in starting a business as an investment banker in 2024?
If managed well, building a business as an investment banker could be more lucrative than employment. So, which are the best business ideas for Investment bankers?
We put together 27 of some of the best investment banker business ideas you can start in today.
For each business idea, we'll show you real-world examples of other investment banker businesses to help you see what it takes.
Here's the full list:
1. Start a digital marketplace ($418K/month)
Starting a digital marketplace could be a strategic move for an investment banker looking to supplement their income and diversify their revenue streams. By leveraging your financial expertise and analytical skills, you could identify niches where buyers and sellers struggle to connect efficiently. The marketplace model is low-cost and low-maintenance since it doesn't require you to own inventory, making it easier to manage alongside your primary career.
You could build platforms similar to Alibaba or Amazon that offer secure escrow services, addressing the trust issues common in online transactions. Your background in finance positions you well to create robust, secure transactional environments that both buyers and sellers would find reliable. This venture could generate passive income over time, allowing you to prioritize your investment banking career while still benefiting from a growing, automated revenue source.
How much you can make: $1,000 — $2,000,000/month
How long does it take to build: 110 days (?)
Reedsy, a book publishing services marketplace that connects authors with freelancers, has driven over $1m in GMV, features over 1,500 vetted freelance professionals, and sees over 1,000 projects every month.
2. Start a low code platform ($1.31M/month)
As an investment banker, branching into the world of low code platforms could open up new revenue streams while engaging your entrepreneurial spirit. This business idea revolves around offering tools that enable users to develop applications with minimal hand-coding. By creating a platform with drag-and-drop interfaces and pre-built templates, you could simplify the development process for clients ranging from small startups to large enterprises.
Given the increasing demand for tech solutions that save time and reduce costs, a low code platform could address this need perfectly. You would be empowering businesses and individuals to create complex software solutions without needing extensive coding skills. This venture requires a solid technical foundation and reliable customer support but promises substantial potential for boosting productivity and reducing development barriers.
By tapping into this burgeoning market, you could democratize software development, making it accessible to a wider audience. This endeavor not only supplements your income but also positions you at the forefront of a rapidly growing industry. With your financial acumen and strategic insight, establishing a low code platform could offer a rewarding and impactful business opportunity.
How much you can make: $10,000 — $7,500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 70 days (?)
LowCode Agency uses no/low code tools to build custom-made apps at 80% lower cost and 70% faster than traditional app development agencies, growing double digits every month and targeting $150,000 in sales in their first year.
3. Start a data protection tool business ($525K/month)
As an investment banker, you are well-versed in the importance of safeguarding sensitive financial data. Starting a data protection tool business could leverage your existing knowledge of compliance and regulatory requirements, allowing you to develop software solutions that secure personal and organizational information from potential breaches and cyber threats. By focusing on financial institutions initially, you could create tailored tools that help banks and investment firms maintain top-tier data security and regulatory compliance.
Furthermore, the increasing prevalence of cyber-attacks means that businesses across all sectors are eager to invest in robust security solutions. This growing demand positions your data protection tool business as a crucial player in the market. By offering advanced features such as encryption, secure storage, and proactive threat detection, you can capitalize on the opportunity to provide essential services that are indispensable for modern enterprises.
How much you can make: $100 — $6,000,000/month
How long does it take to build: 227 days (?)
Spokeo is a people information service helping over 15 million users a month search and connect with others through organizing over 14 billion records into easy-to-understand reports generating over $6M per month.
4. Start a data analysis service ($42.6K/month)
Starting a data analysis service could be an excellent way for you as an investment banker to leverage your analytical skills and industry knowledge to generate additional income. By helping businesses make sense of their data, you could provide valuable insights into customer behavior, optimize marketing campaigns, and aid in more strategic decision-making. This not only supplements your income but also allows you to make a tangible difference in the operational efficiency of other companies.
Given your experience in analyzing financial markets and interpreting complex data sets, transitioning to a data analysis service would be a natural extension of your current skill set. Companies across various industries are increasingly relying on data-driven strategies, making this service highly in demand. Your ability to communicate effectively with clients ensures that they fully understand and benefit from the insights you provide, thereby enhancing business relationships and client satisfaction.
Additionally, the market for data analysis is lucrative. With high earnings potential and numerous businesses seeking to derive actionable insights from their data, starting a data analysis service could become a highly profitable venture. Combining your investment banking expertise with this entrepreneurial opportunity might just be the perfect formula for a successful side business or even a new primary career path.
How much you can make: $20 — $250,000/month
How much does it cost to start: $3,500 (?)
How long does it take to build: 90 days (?)
Founder of PropertyData creates a subscription website for UK property investors and developers that is now making $128,000 per month in recurring revenue.
5. Start a data mining and analytics tools business ($237K/month)
As an investment banker, you're already adept at analyzing financial data and uncovering valuable insights. By starting a data mining and analytics tools business, you could leverage your existing skill set to develop software that extracts, processes, and analyzes vast amounts of data, revealing patterns, trends, and actionable insights.
Imagine the possibilities of providing businesses across various industries, such as finance, healthcare, and retail, with the intelligence they need to make informed strategic decisions. The demand for data-driven decision-making is skyrocketing, presenting you with a growing market for innovative analytics solutions.
With your financial expertise combined with technical skills in programming, statistics, and machine learning, you could pioneer the success of businesses by offering cutting-edge analytics tools. This entrepreneurial venture not only aligns with your background but also positions you at the forefront of industry transformations.
How much you can make: $450 — $1,500,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 107 days (?)
Parseur, the data extraction tool, helps businesses automate their data entry process, catering to multiple industries such as food delivery, real estate and marketing, and has grown to over $40k in revenue per month since its launch in 2017.
6. Start a customer intelligence analytics business ($107K/month)
As an investment banker, you could find starting a customer intelligence analytics business to be a highly rewarding venture due to your strong analytical skills and financial acumen. This business involves analyzing customer data to generate actionable insights, which can significantly aid businesses in improving their marketing and sales strategies. With your proficiency in data interpretation and strategic thinking, you could help companies understand their customer behaviors and preferences, thereby driving better business decisions.
Given the growing market for customer intelligence analytics, companies of all sizes—from small businesses to large corporations—are seeking ways to harness the power of data to enhance customer experience and retention rates. By providing these services, you could tap into a market that has seen substantial revenue, as evidenced by Verint Systems Inc., which generated $1.3B in revenue in 2022 with their customer intelligence analytics platform.
This could be particularly appealing if you’re looking to diversify your income streams or even transition into a business that leverages your existing skill set while allowing you to work autonomously.
How much you can make: $100 — $840,000/month
How long does it take to build: 180 days (?)
EspoCRM, an open-source CRM application for small and mid-size businesses, has seen an average of over 16,000 downloads per year and makes up to $30k per month, offering efficient tools to systematize customer data, improve sales cycles, and automate routine administrative tasks.
7. Start an AI SaaS business ($39.3K/month)
As an investment banker, starting an AI SaaS business could be a lucrative way to supplement your income or even launch a side business leveraging your financial acumen. Imagine offering cutting-edge technology solutions without the need for extensive physical infrastructure. In essence, an AI SaaS business involves developing AI-powered, cloud-based software that businesses subscribe to, allowing them to utilize advanced technologies like natural language processing tools or predictive analytics without the hefty costs of in-house development.
The market for AI SaaS is burgeoning with opportunities, driven by increasing demand for innovative, data-driven solutions across various sectors. By channeling your expertise in financial analysis and industry needs, you could identify and target high-growth markets for your AI tools. While starting this venture requires AI and software development skills, the potential payoff is significant with the right cloud infrastructure, a competent development team, and a solid understanding of market demands. For a tech-savvy, visionary investment banker, this could be your pathway to a scalable, thriving enterprise.
How much you can make: $150 — $200,000/month
How much does it cost to start: $2,750 (?)
How long does it take to build: 20 days (?)
NotionForms, a SaaS company offering a form builder integration to Notion, boasts an impressive total of 26k users, 850 paid subscribers, and an ARR of $182k, with steady growth since its launch and being used internally by many huge tech companies.
8. Start a cryptocurrency business ($59.5K/month)
Considering your background in investment banking, venturing into the cryptocurrency business could open up lucrative possibilities. Engaging with digital currencies like Bitcoin, Ethereum, and emerging altcoins aligns with your existing financial expertise while tapping into an evolving market. You could leverage your analytical skills and market insights to excel in crypto trading, mining, or developing blockchain-based applications.
Imagine harnessing the power of blockchain technology to offer secure and transparent financial solutions. Launching your own token or building a crypto exchange platform are innovative ideas that could place you at the forefront of a financial revolution. With the cryptocurrency industry still in its growth phase, there's ample room for new players to make a significant impact.
How much you can make: $3,699 — $220,000/month
How long does it take to build: 135 days (?)
CBlocks is a cryptocurrency startup that generates random wallets of the top 100 cryptocurrencies, funds them, and ships them on a USB drive alongside software to manage them, with $32k made in the first 30 days and almost $3k on their second day from being featured in TheNextWeb, Forbes, The Outline & LifeHacker all within their first 3 weeks.
9. Become a business coach ($55K/month)
As an investment banker, you could leverage your extensive financial acumen and strategic insight to become a highly sought-after business coach. With skills in specialized fields such as marketing, e-commerce, stress management, and leadership, you are uniquely positioned to guide aspiring entrepreneurs toward realizing their business goals. Helping small-business owners navigate the complexities of starting, growing, and succeeding can be a fulfilling way to supplement your income.
In the current market, many entrepreneurs struggle to identify new opportunities and capitalize on existing ones. As a business coach, you could provide invaluable advice and strategic planning to help these individuals thrive. Additionally, offering your expertise in financial planning and risk management can enable your clients to make informed decisions, establishing your reputation as a reliable and knowledgeable coach.
How much you can make: $3,500 — $400,000/month
How much does it cost to start: $2,749 (?)
How long does it take to build: 60 days (?)
Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.
10. Start a leadership coaching business ($48.5K/month)
As an investment banker, you possess a deep understanding of business operations, strategic decision-making, and financial acumen—skills that are directly transferable to launching a leadership coaching business. By capitalizing on your experience, you could offer invaluable insights to executives and managers, helping them enhance their leadership skills, emotional intelligence, and overall effectiveness. This venture could involve conducting one-on-one coaching sessions, group workshops, and customized training programs designed to unlock individual potential and drive organizational success.
Venturing into leadership coaching not only provides an avenue to supplement your income but also allows you to make a meaningful impact on others' careers and lives. Your well-honed communication skills and ability to motivate could set you apart in this field, while professional certification and continuous learning will bolster your credibility. By leveraging your existing network within the business world and executing strategic marketing efforts, you could grow a robust client base, making this a rewarding personal and professional endeavor.
How much you can make: $1,000 — $291,000/month
How much does it cost to start: $1,200 (?)
How long does it take to build: 25 days (?)
A 22-year-old entrepreneur from Vienna built a $10k/month personal growth business by executing ideas quickly and targeting needs, as well as delivering quality services and personal connections to his customers.
11. Become an IT consultant ($482K/month)
As an investment banker, you could leverage your analytical skills and financial acumen to offer specialized IT consulting services. Given the increasing reliance on technology in financial markets, your insight into both sectors could provide a unique edge, enabling you to identify and implement IT solutions that align with business objectives.
By diagnosing a company's IT infrastructure and designing tailored solutions, you could help organizations streamline operations, enhance security, and optimize their technological investments. This not only supplements your income but also opens up new avenues for professional growth, blending your existing expertise with cutting-edge IT innovations.
How much you can make: $2,100 — $4,166,667/month
How much does it cost to start: $650 (?)
How long does it take to build: 60 days (?)
This case study features Md. Yousuf Ali, the founder of Rank Trends, who shares how he started a successful digital marketing agency, which generated a revenue of over $6k per month through SEO and video production services.
12. Start a sales consulting platform ($294K/month)
As an investment banker, starting a sales consulting platform could supplement your income by leveraging your analytical skills and industry insights to help businesses enhance their sales strategies. You would create an interactive, user-friendly online portal offering tailored consultations, training modules, and valuable sales resources for companies striving to boost their revenue. Given your financial acumen and strategic thinking, you could identify gaps, optimize processes, and provide innovative solutions for clients without the need for them to hire full-time experts.
This venture also allows you to diversify your professional portfolio and engage deeply with various industries, making every project a unique learning experience. If you have a knack for sales strategies and the entrepreneurial drive to impact business growth, this platform could become a rewarding and meaningful extension of your career.
How much you can make: $1,000 — $2,100,000/month
How long does it take to build: 20 days (?)
Marketing agency TribalVision grew from a one-man shop to one of the top marketing agencies in Rhode Island and the Boston market, serving over 80 clients and employing 75 full-time marketing specialists, by aligning with clients' needs and focusing on lead generation with online marketing tactics.
13. Start a marketing software business ($180K/month)
As an investment banker, diving into a marketing software business could open up new avenues for income while leveraging your analytical skills and market insight. Effective marketing is the lifeblood of business, and creating software solutions for marketing management, automation, and analysis is highly sought-after.
In this venture, you could develop platforms that range from email marketing systems to social media management tools, providing valuable solutions for brands aiming to streamline their marketing strategies. The growing demand for efficient marketing tools presents a recurring revenue model through subscription fees, offering you a steady and scalable income stream.
With your problem-solving abilities and acute understanding of market trends, you could tackle the challenges of software development, continuous updates, and customer support. This could be a fulfilling and lucrative opportunity to supplement your income or even transition into a full-time business.
How much you can make: $350 — $1,250,000/month
How much does it cost to start: $2,550 (?)
How long does it take to build: 30 days (?)
Marketing agency TribalVision grew from a one-man shop to one of the top marketing agencies in Rhode Island and the Boston market, serving over 80 clients and employing 75 full-time marketing specialists, by aligning with clients' needs and focusing on lead generation with online marketing tactics.
14. Start a health and wellness products ($433K/month)
As an investment banker, venturing into the health and wellness products industry could offer a lucrative opportunity to supplement your income or even build a thriving side business. The health and wellness sector is rapidly expanding, with consumers increasingly eager for products like supplements, fitness gear, organic skincare, and holistic remedies. Given your analytical skills and attention to detail, you could effectively research high-quality suppliers and ensure you offer genuinely beneficial products.
Moreover, your professional network and marketing acumen could help you successfully market these products, leveraging customer testimonials and expert endorsements. By tapping into this sustained demand, you not only diversify your income streams but also create a positive impact on your customers’ lives. Balancing this venture with your career could provide a rewarding entrepreneurial engagement while helping others achieve better living.
How much you can make: $3,000 — $2,000,000/month
How long does it take to build: 190 days (?)
Matt Oney quit his full-time job to pursue his side hustle full-time: an affiliate marketing-based content site called ZenmasterWellness that generates around 80k monthly visits and average monthly revenue of about $40,000 by leveraging SEO and affiliate partnerships.
15. Start a fitness and wellness programs business ($64.7K/month)
As an investment banker, starting a fitness and wellness programs business could serve as a lucrative side venture while allowing you to make a positive societal impact. You could offer a variety of services like fitness classes, nutritional advice, and wellness practices such as meditation and yoga, tailored to both individuals and corporate clients. Given the stressful nature of your primary career, you’ll be well-positioned to understand and address the wellness needs of busy professionals.
Building this business would also provide an excellent opportunity to leverage your existing business acumen in crafting effective marketing strategies and personalizing wellness programs. By fostering a healthier community, you're not just filling a market need but also contributing to a balanced lifestyle that integrates physical and mental well-being. Establish a strong online presence through social media to engage potential clients and showcase the multifaceted benefits of your offerings.
How much you can make: $250 — $275,000/month
How long does it take to build: 180 days (?)
Serena Jenkins-Hannah created a fitness brand, Serena Hannah Athletics, that has generated over $100,000 in sales over a year and a half, with $70,000 of those sales coming during COVID-19, through selling their #1 item, the Hannah Booty Band System, on Amazon, and has now expanded to Shopify to add cash flow.
16. Start a marketing consulting business ($122K/month)
As an investment banker, you possess a deep understanding of financial markets and data analysis, which can be highly valuable when advising businesses on their marketing strategies. Starting a marketing consulting business allows you to leverage these analytical skills to conduct market research, analyze data, and develop actionable marketing plans for clients. This business venture could become a lucrative side project or a full-time endeavor, offering a new avenue to supplement your income while utilizing your existing expertise.
Your background in managing high-stakes projects and communicating complex ideas to clients will serve you well in this role. You could offer specialized consulting services to businesses seeking to improve their marketing tactics, including developing effective campaigns and reaching target audiences. With your strong problem-solving skills and business acumen, you could provide invaluable insights, helping clients navigate and thrive in competitive markets.
How much you can make: $100 — $1,250,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 30 days (?)
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
17. Become a ballroom dance coaching business
As an investment banker, starting a ballroom dance coaching business could be a lucrative and fulfilling side venture or even a full-time pursuit. Leveraging your analytical skills and attention to detail could help you master the intricate techniques of various ballroom dance styles like waltz, tango, and foxtrot, and then effectively teach them to others. Your ability to network and build relationships within your community or with local event planners could help you market your services and grow your client base.
Additionally, a ballroom dance coaching business could offer a refreshing contrast to the high-stakes, high-pressure environment of investment banking. Teaching dance not only lets you share your passion but could also bring in additional income through private lessons, group classes, or even specialized dance events and workshops. With effective marketing and dedication, you could build a strong reputation and create a rewarding business that balances well with your primary profession.
18. Start a men's fashion business ($132K/month)
As an investment banker, starting a men’s fashion business could offer a compelling way to supplement your income and gain a foothold in an ever-evolving market. Leveraging your analytical skills and professional network, you could identify target demographics and market trends, positioning your brand uniquely. Moreover, your financial acumen would be invaluable in managing the business’s cash flow, budgeting, and securing investments.
In this venture, you could focus on curating high-quality clothing, accessories, and footwear that appeal to the modern man’s need for style and functionality. This could range from bespoke suits for professional settings to stylish casual wear. Your ability to merge business strategy with a passion for fashion could lead to the successful establishment of a recognizable and respected brand.
How much you can make: $4,000 — $300,000/month
How long does it take to build: 180 days (?)
Learn how one entrepreneur built a million-person audience across various digital channels while generating $10-15k in monthly revenue through advertising brand partnerships, digital products, and affiliate programs with his digital media brand focused on helping shorter men dress better.
19. Publication of Dogs Magazine
If you're an investment banker looking to venture into a side business or supplement your income, starting a publication of a Dogs Magazine could be a rewarding opportunity. By leveraging your analytical skills and detail-oriented nature, you could create a high-quality magazine featuring the latest trends, news, and advice on dog care, appealing to dog enthusiasts and pet owners alike.
Additionally, your finance background equips you with the skills to manage the business aspects efficiently, from budgeting and marketing to securing advertising partnerships. This endeavor allows you to tap into the lucrative pet industry, fostering a community of loyal readership while generating a steady stream of passive income.
20. Start a tech company ($654K/month)
As an investment banker, starting a tech company could be an exceptional way to supplement your income while leveraging your financial expertise and market insights. Given that the global tech market is projected to grow substantially, from $8,384 billion in 2021 to $9,326 billion in 2022, the potential for lucrative returns is considerable. Your ability to analyze market trends and assess investment opportunities would provide a unique advantage in identifying and capitalizing on emerging technologies.
However, it is essential to recognize that this venture is not a guaranteed pathway to success but requires meticulous planning, including a well-thought-out business plan, sufficient capital, and the right technological infrastructure. Your experience in financial analysis, valuation, and risk management will be invaluable as you navigate the complexities of starting and scaling a tech startup. By combining your financial acumen with a keen eye for innovative tech solutions, you could position yourself to capture significant market opportunities in this rapidly expanding industry.
How much you can make: $110 — $8,500,000/month
How long does it take to build: 95 days (?)
Co-founder of Madwire JB Kellogg grew his business from just the two of them in a tiny office to over 500 employees and $100 million in annual revenue in under 10 years, by focusing on exceptional customer service and a multi-channel inbound strategy.
21. Start a technology consulting business ($137K/month)
As an investment banker, you could leverage your finance expertise and deep understanding of corporate strategy by starting a technology consulting business. Many startup owners lack IT backgrounds and struggle to keep pace with rapidly evolving technology trends, making your knowledge crucial. By connecting businesses with experienced technology innovation advisors, you could solve critical enterprise challenges and help businesses harness technology to drive innovation and growth.
With your strong analytical skills and strategic insight, you could help organizations navigate the complexities of technology integration, ensuring they align their tech initiatives with long-term business goals. This venture could not only supplement your income but also position you as a key player in driving technological advancement in various industries. If you possess IT skills and experience in the tech sector, this entrepreneurial path could be a valuable opportunity.
How much you can make: $150 — $1,200,000/month
How long does it take to build: 100 days (?)
How a Ph.D. in computer engineering created a patented agile framework and turned it into a profitable training and consulting business, after realizing that his accumulated technology knowledge was losing value over time.
22. Start a beverage company ($1.48M/month)
As an investment banker, starting a beverage company could be an excellent opportunity to leverage your financial acumen and entrepreneurial spirit. You could diversify your income streams by tapping into the rapidly evolving market of innovative drink options, ranging from juices and sodas to craft beers and bottled water. This venture would allow you to combine your passion for food and drink with your strong analytical skills, making data-driven decisions to stay ahead in a competitive industry.
Moreover, your expertise in capital raising and financial planning could provide a substantial advantage in securing initial funding and effectively managing operational costs. With more beverage companies experimenting to meet consumer demands, you could innovate by introducing unique product lines or healthier alternatives, setting your brand apart from the competition. This could not only supplement your current income but also position you as a key player in a thriving market.
How much you can make: $500 — $12,000,000/month
How long does it take to build: 250 days (?)
BruMate is a successful insulated drinkware brand focused on the adult beverage community, with a flagship product that generated $2.1M in sales in 2017 and is now doing over $1.1M per month in sales, with plans to do $20M this year.
23. Start an AI-based business ($27.9K/month)
As an investment banker, launching an AI-based business presents an exciting avenue to supplement your income and leverage your analytical expertise. You could build AI-driven platforms that optimize financial operations, enhance investment analysis, or automate routine tasks. For instance, developing predictive analytics tools could provide clients with cutting-edge insights, helping them make more informed investment decisions.
Given your familiarity with financial data and trends, you could tap into AI to offer tailored solutions that streamline processes and reduce operational costs for businesses. This venture could position you at the forefront of technological innovation, allowing you to diversify your portfolio while meeting the increasing demand for AI-driven efficiencies in the finance sector. By integrating your industry knowledge with AI advancements, there's a significant opportunity to drive both personal and professional growth.
How much you can make: $100 — $200,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 40 days (?)
LowCode Agency uses no/low code tools to build custom-made apps at 80% lower cost and 70% faster than traditional app development agencies, growing double digits every month and targeting $150,000 in sales in their first year.
24. Start a fast food business
As an investment banker with a keen understanding of operational efficiency and profit margins, starting a fast food business could be a lucrative venture. Fast food kiosks, in particular, offer a streamlined business model that cuts down on wait times and staffing costs by utilizing ordering kiosks. This efficient system sends orders directly to the kitchen, ensuring quicker service and higher customer turnover.
Moreover, the low overhead costs associated with kiosks compared to traditional restaurants make them an attractive option for generating substantial profits. By reaching a broader audience with a fast and efficient service, you could diversify your income and create a thriving side business that requires minimal day-to-day management. This entrepreneurial move leverages your expertise in maximizing returns while keeping expenses in check.
How much you can make: $124,998/month
How long does it take to build: 120 days (?)
Andrew Buehler launched Urban Smokehouse, the world’s first digitally native BBQ brand, through a Summer Kickstarter campaign, raising over $30,000 in pre-orders; since then, the company has achieved monthly sales of over $5,000 split between their website and in-person pop-ups and events, relying heavily on word of mouth and organic social media.
25. Start a writing tool ($381K/month)
As an investment banker, you could leverage your insight into financial markets and analytical skills to create a robust writing tool tailored for sophisticated users. Given the broad appeal of such a tool, from students and professionals to bloggers and novelists, your expertise could help in developing features that are not only efficient but also reliable and user-friendly.
You could develop software that aids users in crafting well-structured and engaging content, complete with features like grammar checking, style suggestions, and AI-generated content ideas. The process of creating this tool would involve extensive research, software development, and regular updates to meet user needs, offering a dynamic and fulfilling venture.
By starting this side business, you could supplement your income while contributing to an area that enhances communication skills globally. If you’re passionate about empowering others to communicate more effectively, this writing tool could be your next significant entrepreneurial pursuit.
How much you can make: $30 — $2,000,000/month
How long does it take to build: 75 days (?)
Founder Kevin Miller's online word counter tool achieved over 300,000 keyword rankings, over 2,400 domain referrals and made $40,000 per month through Google's top results in just two years through SEO practices, proving the value of investing in quality and SEO.
26. Start a keyboard business
As an investment banker, you could leverage your analytical skills and market knowledge to identify trends and gaps in the keyboard industry. By investing in high-quality mechanical keyboards or custom-designed options, you could attract a niche market of tech enthusiasts and gamers who are willing to pay a premium for superior products. This side business could provide a lucrative supplementary income stream, especially if you successfully market through online platforms like Amazon or specialized e-commerce sites.
Additionally, your network of clients and colleagues could serve as a valuable resource for potential partnerships, bulk purchasing deals, or even direct sales opportunities. With your financial acumen, you could efficiently manage inventory, costs, and pricing strategies to maximize profitability.
27. Start an essential oils business ($15.5K/month)
Starting an essential oils business could be a savvy move for an investment banker looking to diversify their income stream. With your sharp analytical skills and understanding of market trends, you could identify a gap in the market for high-quality, uniquely branded essential oils. By leveraging a white-label agreement, you could focus on building a strong brand without the overhead of producing the oils yourself.
Your expertise in financial planning and risk management could ensure a strategic approach to investing in the necessary tools and equipment. Additionally, your network of high-net-worth clients and colleagues could serve as an effective initial market for your premium product offerings. Diversifying into the essential oils market also provides a satisfying entrepreneurial challenge that keeps your business acumen sharp while supplementing your primary income.
How much you can make: $2,000 — $29,000/month
How much does it cost to start: $2,610 (?)
How long does it take to build: 75 days (?)
RealDrop Natural Oil saw success in educating customers about organic and natural products to improve hair, skin, and overall health, with goals to expand their local reach in India and potentially Chicago, Illinois in the future.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.