27 Business Ideas For Scientists [2024]

Updated: July 24th, 2024

Interested in starting a business as a scientist in 2024?

If managed well, building a business as a scientist could be more lucrative than employment. So, which are the best business ideas for Scientists?

We put together 27 of some of the best scientist business ideas you can start in today.

For each business idea, we'll show you real-world examples of other scientist businesses to help you see what it takes.

Here's the full list:

1. Start a data mining and analytics tools business ($237K/month)

As a scientist, you likely possess strong analytical skills and a robust understanding of statistics and data manipulation. By entering the world of data mining and analytics tools, you could transform raw data into actionable insights that businesses in sectors like finance, healthcare, and retail can use to make more informed decisions.

Developing and selling software that extracts, processes, and analyzes vast amounts of data could help companies uncover trends and patterns crucial for their success. With the increasing demand for data-driven decision-making, your expertise could position you as a key player in an industry keen on innovative analytics solutions.

Moreover, this business idea allows you to combine your technical skills with an entrepreneurial mindset, potentially pioneering significant transformations within various industries.

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 (?)

How We Developed A $40K/Month Email Parser Application

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.

Read by 10,262 founders

2. Start a data analytics software business ($454K/month)

For entrepreneurial-minded scientists, starting a data analytics software business could be a strategic move to supplement your income or transition into an entirely new venture. Being adept at data collection, analysis, and interpretation, you already possess the core skills required to develop software that addresses the specific data analysis needs of your chosen niche.

By focusing on creating user-friendly tools such as custom reporting features and interactive dashboards, you could provide invaluable insights that help organizations make data-driven decisions. Furthermore, your scientific background equips you with a critical eye for data integrity and methodology, making your software highly reliable and effective.

Narrowing down your target market and marketing your software’s simplicity and efficiency can establish you as a niche leader. This approach not only maximizes the value you offer but also positions you uniquely in a competitive landscape, making your venture both scalable and profitable.

How much you can make: $1,000 — $4,200,000/month

How long does it take to build: 150 days (?)

Diesel Laptops: From Selling on eBay to Making $20M/Year

Diesel Laptops, a B2B company that sells diesel diagnostic hardware, software, and services, successfully doubled revenue each year to make $20 million annually within three years, grew from its founder's garage and dining room table to a 21,000 square foot facility with over 90 employees by listening to customer pain points and offering the bundled products, technical support and repair information to attract and retain diesel technicians and repair shop owners.

Read by 18,728 founders

3. Start a technology consulting business ($144K/month)

Starting a technology consulting business could be a lucrative opportunity for a Scientist with a strong IT background and experience in the technology sector. Scientists are innovators by nature, and your expertise in problem-solving and understanding complex systems uniquely positions you to help businesses harness technology effectively.

You could assist startups and established companies that lack an IT background by providing valuable insights into current technology trends and how they can be used to drive corporate strategy and ensure success. By connecting businesses with technology innovation advisors, you would be playing a critical role in solving enterprise challenges and fostering business growth and innovation.

For those with an entrepreneurial mindset, leveraging your scientific knowledge and technological proficiency into a consulting business could not only supplement your income but also offer a fulfilling career pivot or side gig. This path would allow you to be at the forefront of technological advancements while aiding organizations in transforming their operations.

How much you can make: $150 — $1,200,000/month

How long does it take to build: 100 days (?)

How I Designed And Patented A $40K/Month Agile Framework

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.

Read by 8,038 founders

4. Start an innovation and technology co. ($1.99M/month)

Starting an innovation and technology company could be a lucrative and fulfilling opportunity for scientists looking to leverage their expertise and passion for technology. By establishing a venture that offers consulting services, you could help businesses integrate cutting-edge technologies, such as AI, blockchain, and IoT, into their operations, thereby streamlining workflows, enhancing productivity, and boosting overall business performance.

Given the rapid pace of technological advancements, companies must stay current to remain competitive, creating a constant demand for such consulting services. Your scientific background equips you with the critical thinking and problem-solving skills needed to stay ahead of tech trends, engage with clients, and craft customized solutions that align with their business goals.

If you have an entrepreneurial spirit and enjoy bridging the gap between technology and practical business applications, starting an Innovation and Technology Co. could be an excellent way to supplement your income or even become a full-time venture.

How much you can make: $1,000 — $13,500,000/month

How long does it take to build: 135 days (?)

How We Designed A $200K/Month Idea Management Software

UK-based Idea Drop is a software-as-a-service (SAAS) allowing businesses to identify, refine and execute innovative ideas through its platform, which is already being used by MT, Ericsson, and the Kent Police Force, offering a public challenge facility allowing clients to crowdsource ideas, with one Covea idea implemented via the platform estimated to save the company £2.5m over five years.

Read by 7,518 founders

5. Start an educational technology product ($48K/month)

Starting an educational technology product could be a strategic way for you as a scientist to supplement your income or establish a side business by leveraging your expertise. Educational technology is reshaping how we learn and teach, and this could place you at the forefront of this transformational change.

Imagine designing a digital tool that makes learning more engaging, accessible, and personalized for students and educators alike. Whether it’s an interactive learning app or a comprehensive online platform tailored to specific subjects, your scientific knowledge can help address gaps in the educational system and enhance the learning experience.

The journey involves thorough market research, understanding your users' needs, and continually updating your product to keep up with technological and educational trends. If the idea of blending technology with education to make a tangible difference excites you, launching an edtech product could be a fulfilling and potentially lucrative venture.

How much you can make: $50 — $120,000/month

How much does it cost to start: $2,500 (?)

How long does it take to build: 45 days (?)

How We Launched An Educational Platform During COVID-19 And Landed Partnerships With Houston Rockets And Whataburger

UpBrainery Technologies, founded by Ghazal Qureshi, revolutionizes STEAM education by providing hands-on learning experiences in the form of education kits, virtual tutoring, and online curriculum, while also offering their services to organizations such as the Girl Scouts, Girls Inc., and the Houston Rockets.

Read by 8,223 founders

6. Start an AI-based business ($27.9K/month)

Starting an AI-based business as a scientist offers exciting opportunities to supplement your income or even build a substantial side business. With your expertise and analytical skills, you could harness artificial intelligence to solve real-world problems, whether it's through optimizing laboratory processes or developing predictive analytics tools for healthcare. The possibilities are vast and the demand for AI-driven solutions continues to grow.

Imagine creating software or platforms that use AI to streamline tasks, provide valuable insights, and drive innovation. Businesses are eager to operate more efficiently and reduce costs, and your AI solutions could be the key to unlocking these efficiencies. With your tech-savvy mindset and interest in emerging technologies, diving into the AI landscape could position you at the forefront of the next major technological advancement.

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 (?)

How I Started A $10K/Month App Building Agency Using No/Low Code Tools

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.

Read by 20,910 founders

7. Start a drone repair business

Starting a drone repair business could be an intriguing opportunity for a scientist with a keen interest in technology and a knack for problem-solving. Given the anticipated annual growth rate of 28.58% in the drone industry, reaching a projected market value of $47.38 billion, there is substantial potential to tap into this expanding market.

As a scientist, your analytical skills and methodical approach can be invaluable assets in diagnosing and fixing complex drone issues. While the drone repair business is capital-intensive, meticulous market research and niche specialization could help you navigate initial financial challenges and focus on the most profitable segments.

By leveraging your technical expertise and commitment to precision, you could build a successful venture that not only supplements your income but positions you at the forefront of a burgeoning industry. Whether as a side business or a full-time endeavor, this path offers robust possibilities for entrepreneurial growth.

8. Start a health and wellness products ($433K/month)

If you're a scientist looking to supplement your income or start a side business, venturing into health and wellness products could be a promising avenue. Given your expertise in research and data analysis, you could effectively identify and source high-quality supplements, organic skincare, and holistic remedies. Leveraging your scientific credibility can also help in marketing these products, especially when highlighting the genuine benefits supported by robust data and expert endorsements.

You could start by partnering with reputable suppliers to ensure the quality of your products meets industry standards. By setting up an online store, you can reach a broader audience keen on improving their health and well-being. Marketing efforts that include customer testimonials and scientific backing would further solidify the trust and reliability of your brand.

How much you can make: $3,000 — $2,000,000/month

How long does it take to build: 190 days (?)

I Quit My 9 To 5 & Built An Affiliate Site Making $40K/Month

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.

Read by 10,512 founders

9. Start a tutoring or education business ($61.2K/month)

As a scientist, starting a tutoring or education business could be an excellent way to supplement your income and leverage your expertise. You could offer specialized tutoring in subjects like biology, chemistry, and physics, where your in-depth knowledge would be highly valued by students struggling with these challenging topics. By positioning yourself as an expert, you could charge premium rates for your insights and customized teaching methods.

Running your own tutoring business allows you to set your own schedule, giving you the freedom to balance it alongside your primary career. This entrepreneurial venture not only boosts your income but also enables you to build lasting relationships with students and their parents. Your role as a tutor would not only help others succeed academically but also hone your own communication and teaching skills.

How much you can make: $50 — $235,000/month

How much does it cost to start: $4,000 (?)

How long does it take to build: 90 days (?)

How I Started A $200K/Month Online Makeup Academy

Online makeup academy, Vizio Makeup Academy, founded in 2011 by Anastasia Andreani and her partner, has enrolled over 3,300 students and generated $2.4M in revenue this year, by offering professional makeup courses online and creating their own cosmetic line.

Read by 15,456 founders

10. Start an influencer platform ($89.6K/month)

If you're a Scientist with an entrepreneurial spirit, starting an influencer platform could be a lucrative way to supplement your income or even pivot into a full-fledged business. Leveraging the dynamics of social media, you could create a digital space that connects brands with influential personalities ready to promote their products. Imagine a marketplace where brands can evaluate and contract influencers who perfectly align with their target audience, all while tracking campaign performance through built-in analytics tools.

As a Scientist, your analytical skills could be integral in developing user-friendly software and curating a robust database of influencers and brands. Despite the initial work involved, the potential for scalable income and the growing influence of social media make this a compelling venture. If you're ready to put in the groundwork, this could be a remarkable pathway to tap into the ever-expanding digital marketing ecosystem.

How much you can make: $2,000 — $350,000/month

How long does it take to build: 240 days (?)

I Built $140K+ MRR SaaS With No Audience & Sold It For $3.5M

This case study is about a founder who launched a paywall platform for content creators in 2019, bootstrapping it from $0 and eventually selling it for $3.5M on Flippa, with the platform generating between $125,000 - $142,000 in Monthly Recurring Revenue (MRR) on 95% margins.

Read by 9,914 founders

11. Start an online vape shop ($138K/month)

As a scientist, you could leverage your analytical skills and meticulous attention to detail by starting an online vape shop. The e-cigarette market is booming, offering you the opportunity to tap into a growing demand for vaping devices, accessories, and e-liquids. With a focus on creating a user-friendly website and forming strong supplier relationships, you could develop a scalable business that caters to diverse customer preferences.

Building an online vape shop also involves ensuring compliance with industry regulations, a task where your background in scientific research and regulatory standards would be invaluable. The potential to carve out a niche in this market is significant, whether it's through sourcing unique e-liquid flavors or offering the latest vaping technology. By providing valuable content and exceptional service, you could create a trusted brand and cultivate a loyal community of customers.

How much you can make: $60,000 — $300,000/month

How long does it take to build: 60 days (?)

How I Started A $60K/Month Online Business From Malaysia

Jeremy Ong built Vape Club from an MVP vape subscription box business to a top online retail store in Malaysia, earning a monthly revenue of USD 60,000 with only 2 team members, primarily through blogging, SEO and email marketing with a CLTV of $400.

Read by 36,495 founders

12. Start a laser cut clocks business

Starting a laser-cut clocks business could be a compelling venture for a Scientist with an entrepreneurial spirit. Leveraging your precision and attention to detail, you could create unique and meaningful home decor pieces that appeal to homeowners, offices, and clock collectors alike. This business provides an excellent opportunity to supplement your income while engaging in a creative and satisfying craft.

With a relatively low initial investment in a laser cutter and clock-making accessories, you could produce customized and intricate designs that stand out in the market. The scientific approach you already apply in your current profession could ensure superior quality and innovation in your clock designs. This side business could seamlessly integrate with your existing skills, providing both a creative outlet and a profitable secondary revenue stream.

13. Start an aquarium house business

Starting an aquarium house business could be an excellent opportunity for scientists looking to supplement their income or embark on an entrepreneurial journey. Given your analytical background, you could leverage your skills in research and experiment design to conduct a thorough market analysis and understand the competitive landscape. This would provide valuable insights to tailor your business strategy effectively.

Moreover, your scientific expertise could enhance the credibility and quality of your aquarium services, from system setup to maintenance. Understanding the intricate needs of both freshwater and saltwater ecosystems would allow you to offer specialized and high-quality care for a diverse range of aquatic species. This could not only help in attracting a broad customer base but also allow you to charge a premium for expert services.

How much you can make: $5,800/month

How much does it cost to start: $1 (?)

How long does it take to build: 365 days (?)

How I Bought My Friends Business For $2500 And Grew It To $100K/Year

Aquarium maintenance business owner, Larry McGee, generates $100,000 annually servicing 60+ aquariums in central Arkansas-area businesses, while also offering offline and online marketing courses; his repeat customer base is key to his 25-year success.

Read by 4,602 founders

14. Start an ecommerce store ($287K/month)

Starting an ecommerce store could be an excellent avenue for you as a Scientist to supplement your income or even launch a side business. With your expertise, you could offer specialized scientific equipment, lab supplies, or educational materials that are often in demand within the scientific community. These niche products not only cater to a specific market but also leverage your deep understanding of what your fellow scientists are looking for.

The advantages of running an ecommerce store include lower overhead costs compared to traditional brick-and-mortar operations, as well as the flexibility to manage your business alongside your current scientific endeavors. Given the current surge in online shopping due to its convenience and efficiency, you have the opportunity to reach a wider, global audience right from your home or lab.

Setting up an ecommerce store involves creating a user-friendly website where customers can browse and purchase items, incorporating payment processing software, and managing inventory efficiently. This setup allows you to streamline operations and focus on curating a selection of high-quality, specialized products that resonate with your professional background and network.

How much you can make: $350 — $13,500,000/month

How long does it take to build: 120 days (?)

Time commitment per week: Min. 5 hours/week

How I Started A $20K/Month Southern Inspired Candle Business

Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.

Read by 72,038 founders

15. Start a technical specialist business ($226K/month)

Starting a technical specialist business could be an excellent way for scientists to supplement their income or even transition into entrepreneurship. Given the increasing demand for specialized tech services, you could offer on-demand technical support and services like software troubleshooting, network setup, and cybersecurity assessments.

Small and medium-sized enterprises (SMEs) often lack in-house capabilities to address complex tech issues, making your expertise highly valuable. The flexibility and scalability of this business model are appealing; you could operate independently or build a small team to tackle various tech challenges.

Whether you focus on cloud computing, data recovery, or tech consultancy, this side business allows you to leverage your strong technical skills in a practical, profitable way, helping other businesses thrive while boosting your own career prospects.

How much you can make: $2,800 — $720,000/month

How long does it take to build: 67 days (?)

Making $15K/Month Connecting Interns With Companies Looking For Talent

Techintern.io connects startups and tech companies with the best software developer students at colleges across North America and has achieved #1 Product of the Day and #2 Product of the Week on Product Hunt, making $15,000 per month.

Read by 7,531 founders

16. Start an online learning platform ($33.7K/month)

Starting an online learning platform could be a lucrative opportunity for scientists looking to supplement their income or create a side business. Given the high demand for online learning, driven by individuals seeking to advance their skills and remain marketable, your expertise in a scientific field could attract a substantial audience.

You could leverage your specialized knowledge to create courses on complex scientific topics, making them accessible and engaging for a wider audience. Even if you're not tech-savvy, hiring a programmer or purchasing a ready-made platform makes this venture remarkably feasible.

Creating content that allows users to understand and appreciate scientific concepts could not only generate revenue but also contribute positively to public education on crucial scientific issues.

How much you can make: $1,200 — $120,000/month

How much does it cost to start: $1,750 (?)

How long does it take to build: 52 days (?)

We Built A $180K/Year Learn-To-Code Community

Online learning community Frontend Mentor has over 200,000 members, with over 1,500 paid subscribers generating over $15,000 MRR, offering professionally designed challenges to improve front-end coding skills with a freemium business model and a focus on real-life experience.

Read by 12,502 founders

17. Start a packaging design business ($372K/month)

As a scientist, you possess a unique blend of analytical skills, creativity, and attention to detail, which are highly advantageous in the field of packaging design. You could leverage your understanding of materials, sustainability, and product safety to develop innovative and efficient packaging solutions that stand out in the competitive market.

Starting a packaging design business could allow you to supplement your income by collaborating with brands that need packaging that not only protects their products but also enhances the customer experience. The demand for sustainable and innovative packaging is on the rise, and your scientific expertise can provide a unique selling point in addressing these needs effectively.

Entrepreneurially minded scientists could excel in this niche by offering solutions that blend scientific principles with design aesthetics, meeting the industry's standards while also pushing the boundaries of traditional packaging concepts.

How much you can make: $6,000 — $1,000,000/month

How long does it take to build: 7 days (?)

We Turned A Basic HP Printer Into A $12M/Year Custom Labels Company

Frontier Label started as a small digital label printing company with a basic HP printer and has grown to a $12M yearly e-commerce business that prints labels for companies of all sizes in various industries, with a focus on finding and meeting customer needs through SEO, content marketing, and exceptional customer service.

Read by 5,054 founders

18. Start a junk pickup business ($57.5K/month)

As a scientist, you could leverage your analytical skills and attention to detail to start a successful junk pickup business. Utilizing your ability to problem-solve, you could efficiently manage logistics, ensuring timely and organized service for both residential and commercial clients. This business can fit easily around your existing commitments, providing a flexible opportunity to supplement your income.

You could apply your knowledge of environmental science to offer eco-friendly junk removal solutions, contributing to sustainability by recycling and properly disposing of various materials. By calculating your fixed and variable costs accurately, you could ensure your pricing is competitive and profitable, creating a memorable and trustworthy service for your customers. This venture combines physical activity with business management, offering a refreshing change from traditional scientific tasks while tapping into your entrepreneurial spirit.

How much you can make: $15,000 — $100,000/month

How long does it take to build: 100 days (?)

We Started A $15K/Month Eco-Friendly Junk Removal Business [In Just 20 Days]

Two mechanical engineering graduates start an eco-friendly junk removal and demolition business in Fredericton that generated nearly $8,500 within its first month of operation, and are on track to make a minimum of $20,000 a month with plans to have local teams in every major community in New Brunswick within a year.

Read by 5,338 founders

19. Start a mirror installation business

As a scientist, starting a mirror installation business could offer a unique opportunity to supplement your income while leveraging your technical expertise and precision-oriented mindset. Your background in methodical research and problem-solving skills could be a great asset in addressing client needs, ensuring meticulous installations, and troubleshooting any challenges that arise.

Moreover, a mirror installation business could provide flexible work hours, allowing you to balance it with your scientific pursuits. Given the increasing demand for home décor and renovations, such a business holds strong market potential, enabling you to tap into a steady stream of clients seeking professional and precise services.

20. Start a golf rental

As a scientist with a keen eye for detail and systems, you could leverage your analytical skills to efficiently manage a golf rental business, whether it's renting out golf clubs, carts, or other equipment. Your precision and systematic approach could ensure impeccable inventory tracking and maintenance schedules, minimizing downtime and enhancing customer satisfaction.

Additionally, starting a golf rental business could serve as a refreshing way to apply your problem-solving skills in a more recreational and relaxing environment. This venture could also provide an excellent networking platform, allowing you to connect with colleagues and other professionals who enjoy golfing, potentially leading to collaborative opportunities in both your scientific and entrepreneurial endeavors.

21. Start a braider business

As a scientist, you could channel your methodical nature and precision into starting a braider business. Leveraging your analytical skills, you could streamline the braiding process, ensuring consistency and high-quality results, which could set your services apart from the competition. Additionally, your understanding of detailed research could help you identify market trends and innovative braiding techniques, allowing you to offer cutting-edge styles that attract a loyal clientele.

Beyond supplementing your income, a braider business could allow you to explore creative entrepreneurship outside the lab. It could serve as a flexible side hustle that gradually transforms into a full-fledged business, giving you the opportunity to scale operations based on demand and your availability. With attention to detail and a systematic approach, your scientific background could provide a unique edge in this niche beauty industry.

22. Start a data analysis service ($47.3K/month)

Starting a data analysis service could be an excellent way for you to supplement your income and leverage your analytical skills as a Scientist. By helping businesses make sense of their data, you could provide valuable insights into customer behavior, optimize marketing campaigns, and support better decision-making processes.

This entrepreneurial venture would allow you to not only make extra income but also to make a significant impact on the businesses you work with by enhancing their data-driven strategies. Your expertise in data analysis combined with effective communication skills could position you well in this high-demand, profitable sector.

Given the success stories like iTechArt, which generated massive revenue and created numerous jobs, the potential for growth and profitability in this field is substantial. As businesses increasingly seek to streamline their analytics processes, your data analysis service could become an indispensable asset.

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 (?)

I Built $1.54M/Year Tool That Finds The Best Investment Properties [From UK]

Founder of PropertyData creates a subscription website for UK property investors and developers that is now making $128,000 per month in recurring revenue.

Read by 10,075 founders

23. Print on demand business ($411K/month)

As a scientist, you could leverage your specialized knowledge and design unique, science-themed products for a print-on-demand business. This model involves selling customized items such as apparel, home goods, and phone cases without the need for upfront inventory costs. By combining your scientific expertise with creative design, you could create products that appeal to niche markets and science enthusiasts.

Utilizing platforms like Amazon, eBay, and Etsy as virtual storefronts would allow you to reach a global audience while focusing on innovative designs. With minimal startup costs and the ability to manage the business from home, a print-on-demand venture could serve as a lucrative side business or even a full-time endeavor, providing you with an additional stream of income and creative outlet.

How much you can make: $200 — $3,000,000/month

How long does it take to build: 30 days (?)

Time commitment per week: Min. 5 hours/week

How I Started A $330K/Month Ecommerce Specialized In 3D Printing

Founder Roy Kirchner shares how he started an eCommerce business specializing in 3D printing with an initial investment of $65,000, which now averages monthly gross sales of $330,000 and has partnered with international manufacturers and local businesses while offering technical support and education.

Read by 29,837 founders

24. Start a software development agency ($544K/month)

Starting a software development agency could be an excellent venture for a scientist seeking to supplement their income or pivot into a new entrepreneurial role. With your analytical skills and problem-solving prowess, you could develop custom-built software solutions that help businesses streamline their operations, saving them both time and money. Since software developers are in high demand, your expertise could command premium rates, making this an attractive and profitable business opportunity.

You could leverage your scientific background to focus on niche markets that align with your expertise, such as creating software for research data analysis, laboratory management systems, or even health-related applications. By combining your technical knowledge and domain-specific insights, you could set yourself apart from general software development agencies and cater to a specialized audience seeking high-quality, reliable solutions.

How much you can make: $6,000 — $8,500,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

How I Started A $69K/Month Software Agency After A Failed Product Launch

A software agency started by a non-technical founder helps diverse clients with their minimum lovable product, boasting a revenue of over $700,000 this year with a 20% profit margin and a team of 8.

Read by 25,695 founders

25. Become a crypto accountant

As a scientist with an analytical mindset and a keen understanding of data, you could explore the burgeoning field of cryptocurrency accounting. Given the rise of cryptocurrencies, many individuals and businesses are seeking knowledgeable experts to navigate the complexities of crypto transactions, investments, and tax compliance. Your ability to dissect complex systems and convey intricate information clearly could be an asset in helping clients understand the nuances of crypto accounting.

By leveraging your scientific background, you could position yourself as a crypto accountant who not only keeps meticulous records but also ensures adherence to the generally accepted accounting principles. This side business could supplement your income or even evolve into a full-fledged venture, providing a unique blend of science and finance. To get started, you might consider delving into specialized articles on cryptocurrency accounting, which cover critical topics like mining operations and blockchain forks, to build your expertise.

26. Start a plastic recycling business

As a scientist, starting a plastic recycling business could allow you to utilize your analytical skills and scientific knowledge to tackle one of the most pressing environmental issues of our time. With the global usage of plastic exceeding 900 million tons annually and only 9% being recycled, there is significant potential for innovation and impact in this field. You could leverage your expertise to develop more efficient recycling processes and turn scrap plastic into profitable new products.

Comprehensive market research will be a key step in identifying the prerequisites and initial investment needed for this venture. By visiting recycling facilities and consulting with industry experts, you could gain valuable insights and determine the best strategies for sourcing waste, procuring necessary equipment, and identifying suitable locations.

This side business could not only supplement your income but also contribute to sustainable practices, aligning with the values of many scientists committed to solving environmental challenges.

27. Start a parent coach

As a Scientist, you could leverage your analytical skills and evidence-based approach to become a parent coach, helping families navigate child development issues with scientifically backed strategies. Your expertise in areas such as psychology, biology, or even neurology could provide valuable insights into parenting techniques, making you a trusted advisor for parents seeking to optimize their child’s growth and well-being.

Additionally, starting a parent coaching business could supplement your income by offering workshops, private consultations, or online courses tailored to specific aspects of parenting, such as sleep training, developmental milestones, or behavioral management. This venture allows you to use your scientific background to make a meaningful impact while exploring entrepreneurial opportunities in a growing and dynamic field.

meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.