15 Shark Tank Business Ideas To Start In [2024]
Interested in starting a Shark Tank Business?
When you're thinking about starting a new business, it can be tempting to turn to a tried-and-true formula. But don't get stuck in the rut of thinking that the way things have always been done is the best way to do them now.
In fact, one of the best ways to start a new business is by challenging the way things have always been done. Take advantage of new technologies and trends, and create something that will stand out in today's market.
A business idea is an essential part of starting and running a successful business. Without a good idea, it's unlikely that you'll be able to turn your dreams into reality. Your business idea is the foundation of your company. However, sometimes the inception of an idea can take longer to arise, and whether that idea is worth getting noticed by founders and getting required funding or not is the question.
Shark Tank is a popular American business reality tv series where founders of promising businesses pitch their business ideas to get funding from Sharks(business tycoons). So. if your business ideas are unique and scalable you can also get featured on Shark Tank and get your Pre-Seed, Series A, B, or C funding.
We put together a list of the best business ideas you can start for Shark Tank Business. In this list of ideas, you can find:
- Home-based Shark Tank-worthy businesses to start.
- Low-investment online business ideas capable of being featured on Shark Tank.
- Unique business opportunities for Business.
Here is a list of the top 15 you can start for the Shark Tank Business:
1. Start a vape pen business
Vaping is one of the world's most rapidly developing industries. Many smokers are shifting their habits to a safer option. Many companies taking an interest nowadays in this field because of its high-profit margin.
In contrast to many start-ups, you can begin a vape store with relatively little capital. Starting a business in the vaping sector has the opportunity to be successful, but the journey there might be lengthy. You might require licensing for vaping items depending on the state or local guidelines.
You can sell vape pen products both online & offline. Finding a niche market and maintaining a devoted client base are the keys to success. Another thing that successful vape shops have in similar is that they deliver excellent customer service.
If you're looking for a way to make money and have fun doing it, this is the perfect product. You'll get to enjoy all the benefits of being your own boss while enjoying the vaping lifestyle and all it has to offer.
How much you can make: $300,000/month
How much does it cost to start: $5,000 (?)
A former ex-con launched Vape and Juice with just £5,000 and has since built a seven-figure vaping company with online sales increasing 800% during lockdown, by offering exceptional customer service and investing in talent.
2. Start a whey protein ice cream company
The whey protein ice cream business is booming throughout the world. Today, there are many companies that have joined this market and thereby providing their customers with an opportunity to possess a profitable and enjoyable business.
Considering the health benefits of protein and the popularity of ice cream, it is no wonder that starting a whey protein ice cream franchise is a scalable business idea. The Whey protein ice cream is the best quality product when you want to make an ice cream flavor that is good for your health and the people around you.
Whey protein is the best kind of protein that can be added to ice cream. The reason is that it helps increase the consistency of the unfrozen portion of the ice cream while maintaining both small air cells and small ice crystals.
Whey protein ice cream is one of the easiest and most fun ways to make money. No wonder, this product is gaining a lot of popularity among students and working professionals.
3. Start an organic fresh fruit drinks business
Organic fresh fruit drinks business is one of the most profitable businesses that you can start to make the best profits easily with minimum investment. It is a great opportunity to get into the health-related industry.
In recent days, people have shown more and more interest in everything related to a healthy diet. The health benefits of drinking organic fresh fruit drinks are obvious and the market has been growing sharply in recent years.
An Organic fresh fruit drinks business is all-natural, nutritious, and delicious. Everyone loves freshly squeezed juice & smoothies. In fact, one of the biggest challenges facing this kind of business owner is keeping up with escalating demand.
With the constant increase in awareness of the importance of a healthy lifestyle, there is a great chance for you to enter the market of Organic fresh fruit drinks and make your fortune with our Organic fresh fruit drinks Business Ideas.
4. Start an e- education platform
E-education is one of the most profitable businesses at present time. Its popularity is on the rise among entrepreneurs and internet marketers across the globe.
The E-education business is an online education portal to teach students different subjects. You can teach any subjects from schools, colleges, competitive exam preparation, and many more.
The boom of the internet has resulted in the development of a whole new educational sector – E-education. Online education allows you to work anywhere as long as you have an internet connection no more crowded classrooms and no more scheduling issues.
Online education provides the best solution to most of these problems. This is a creative and comprehensive way of educating people in the quickest possible way. So with its daily growing demand makes this business more profitable day by day.
How long does it take to build: 1200 days (?)
5. Start a health test kit business
The health test kit industry is growing and flourishing due to increased interest in maintaining a healthy lifestyle. There is a wide range of kits and they come in different forms. They can be purchased online or bought offline at retail shops.
The kits are easy to use. Order one or buy one and it provides you with everything you need. All you have to do is collect a sample and test that sample as per instruction. You can get test results in a few minutes.
One can easily invest money to get a good health test kit business. There are many opportunities for those who want to get advantages in the current health market. With the growing mobile usage, consumers are turning away from their doctors and the crowded medical establishment.
6. Launch a regional food delivary app
A region-specific e-commerce platform for reaching your target audience and getting repeat buyers. A local portal that caters to the needs of people like you, who are interested in purchasing goods and services from local businesses and startups.
It's a brand new business model that helps restaurants take in home-cooked food from local cooks, package them and deliver them to the customers. In this way, anyone in any part of the world can enjoy any delicacy of another place just by ordering the food item from the phone.
Regional food delivery app is a service operating in other parts of the world, to earn extra income, the user just needs to download the application on their android phone via Google Play. In this way, they can be ordered by the user and benefit from an additional expense.
7. Start an edible cutlary business
Edible cutlery is a category of food that consists entirely of edible items often served at the end of a meal in place of dessert. Edible cutlery has been around for many years and there are companies making millions off this business. You can start an edible cutlery business too.
Starting an Edible cutlery business is a great way to spice up the night. There are many ways in which you can get profit, and a few of them are outlined below. The best thing is that they are cheap and don't require big bucks.
The edible cutlery business is an innovative idea for businessmen to invest their money. Many people like to eat in restaurants and there always will be an issue of providing plastic cutlery to the client. Now, this problem can be overcome by starting an Edible cutlery business.
8. Start a bottle cleaning tablets business
Bottle-cleaning tablets are a perfect product for starting a side business as they require little starting capital, no inventory, and instant repeat sales. You can begin to do it online or offline separately. It is one of the safe and most profitable business options.
A bottle-cleaning tablet is an environmentally friendly product. It helps you clean up your dirty bottles with ease. It took significantly less space in your kitchen and it’s less expensive. This is why people are willing to pay more for bottle-cleaning tablets than they do for dishwashing liquids even though they both have the same ingredients and purposes.
9. Start a GPS enabled pet LED neckband company
The GPS-Enabled Pet LED Neckband is a revolutionary product that can increase the bond with your pet. The neckband has four different modes, each of which helps you locate your pet at all times.
There is a huge market for pet products. But these products are affordable and people are ready to pay the money for the care of their pets. Because it is difficult to see them lose their way when they are lost or to see them feel weak in the dark when they out camping or hiking. It makes the business an ingrowing one.
It's a unique opportunity for a pet lover who is also an entrepreneur to begin a new business. The increasing demand for dog LED collars has encouraged us to inspect the market and satisfy the necessities of our clients.
10. Start a cruelty-free skincare product business
Cruelty-free skincare products are 100% vegetarian, vegan, and completely cruelty-free. New companies selling cruelty-free skincare products will often advertise themselves as such because of the large consumer base that has developed in recent years.
Consumers are more and more interested in animal test-free skin creams and cosmetics, which means there is a huge potential market that can be tapped into by the Cruelty-free skincare products business.
These products business positively offers you profit. Cruelty-free cosmetics are designed for hiring compassionate people for caring about animals and the environment.
11. Start a health tech app business
The Health Tech App Business is a new Industry that has been overgrowing. Numerous people want to start their own health tech app business. Apps have been widely used by most people in their day-to-day activities
In today's world, health is one of the priorities for every man. Everyone has to take care of their well-being. This has led to the development of a new kind of society- the Health Tech App. According to the hype around this industry, this is remembered as being one of the most profitable markets in technology.
With Health Tech App Business you can earn more money, than most other businesses. It is a highly scalable business and it can also be started with very little capital.
How long does it take to build: 365 days (?)
12. Start a sustainable fashion product business
The sustainable fashion products business is a booming sector and it seems that many people are searching for information on how to start one. This is great news as every year companies become more environmentally conscious, making opportunities for your business growth.
These products are the latest trend in the fashion industry. Designers around the world are creating unique and environmentally responsible clothing lines that offer sustainable choices. The sustainable fashion business can be easy, convenient, and inexpensive. There are no restrictive licenses, permits, or special certifications required to start your business.
Sustainable Fashion Products business is a profitable home business. It means you need to take care of your products, find sustainable production methods and make good proposals to your clients.
How much you can make: $17,000 — $50,000/month
How much does it cost to start: $3,700 (?)
How long does it take to build: 274 days (?)
This case study follows the founder of Sustainably Chic, a sustainable fashion blog with 60k monthly visitors and $6k monthly revenue, providing insights on building a successful blog, effective branding, and the importance of value and sustainability.
13. Start a customized apparel brand company
Starting a personalized garment company may be an exciting opportunity. If you can spend hours in front of a computer screen working on design, pattern creation, and automation, there is money to be made in the customized industry.
The customized clothes business model is a prominent retail clothing firm focused on product customisation. The product combines trendy and customized aspects, making it an enticing alternative for buyers searching for a specific appearance.
Building a clothing brand is simple and successful. Selling personalised things is highly common at bazaars. Create a shirt or t-shirt design for your consumer at a reasonable price. Simply select your favorite color, size, and design to generate a big profit from your business.
How much you can make: $5,000/month
How much does it cost to start: $3,000 (?)
How long does it take to build: 615 days (?)
LVLS Sportswear founder, Brandon Rogers, has created a line of unique and high-quality sportswear inspired by his global basketball training experiences, with products selling out in a matter of months and generating over $5,000 in recurring revenue a month, attracting attention from key athletes and social media followers, with SEO and TikTok user engagement serving as key drivers of customer attraction and retention.
14. Start a frozen snacks business
Profiting from the production of frozen snacks is no longer a challenging task if you know what steps to take. There are lots of recommendations and considerations that you can use to help your Frozen Snacks Products business succeed.
Frozen meals are an excellent choice for keeping meals since they can be preserved in the freezer for an extended amount of time. In the case of frozen meals, unlike fresh foods, you won't always need to modify their flavor, look, smell, and other features, so they may be utilized as fresh even after freezing. For example, if you have leftover rice or beans but need to make anything, you may use them.
The frozen snacks business is a very profitable business and for the sole proprietorship business, it is tax efficient. This kind of food business can be operated from home as well as from commercial places like restaurants, canteens, etc.
15. Start an e-bike business
E-bike companies sell a variety of electric bikes and accessories. The e-bike industry is thriving in the market because it produces high-quality goods at reasonable prices while also delivering excellent customer service.
E-bike Electric bicycle business refers to the business of renting or selling e-bikes. E-bikes are motor-assisted bicycles that have grown in popularity in recent years. The success of these electric-powered bikes can be due to their low cost and ease of usage.
There are always so many e-bike businesses that are on the market, and hence they are being preferred more by people. If you are interested in starting an e-bike business, then getting a profit is what you should be focused on.
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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.