The 4 Most Profitable Businesses to Start in 2025

these are the four best smartest and most profitable businesses that you could start in 2025 as the co-founder and president of a $100 million business that has analyzed $5 billion doll worth of businesses over the past 5 years I see every single day what kind of business models succeed and which ones fail and based on the current markets there are four business opportunities that I would personally go into if I wanted to start a million-dollar business in 2025 before we even get into the four business models of 2025 we have to go over what makes for a good business there are two things that you should focus on when deciding what kind of business to start the first is the buyer income the idea is sell to rich people go up Market better to start with premium High ticket low volume then scale with small ticket and high volume why is that people with more money are willing to have their problems solved the second decision when deciding what kind of business to start is looking atone market growth rate now you can easily Google this to find out how fast a market is growing in order to decide if right now is a good Market to start your business in what's really cool about 2025 is we are going to have a golden era of growth in our economy there has never been a better time than right now to start a business and to make a lot of money especially in the United States of America creating an online coaching business is super cool and awesome and I know a lot of people who have found success doing that but at some point there is a cap in what that person can actually generate because it is a business based off of them in an industry that might not have the growth rate that they're looking for the idea behind this is now probably wouldn't be the best time to choose the opportunity to go into the printing business all of the world has moved on digital now sure is there opportunity for certain things to be printed of course there is and somebody somewhere can make money doing that but is that the most strategic business to start right now probably not you can make money but there's not the Headroom to be able to truly grow and scale a large business and think of how many printing businesses or faxing businesses are no longer in business because that's not how we do business any longer if they would have chosen to go into the streaming business there would have been tons of Headroom so this is the type of thought process that you have to have if you're looking to start a business that's going to scale in 2025 because the growth rate is so important let's go through these four best business models in order of how fast their markets are growing starting with pet care this one is unexpected but the Pet Care Market has been growing annually by 5% so let's talk about some stats in the United States the Pet Care Market is expected to grow from 151 billion in 2024 to $251 billion in 2030 so if you want the entry point for the Pet Care space you should focus on high-end services like pet sitting pet grooming or Premium Pet treats what's so cool about the Pet Care space is you're trying to solve the problem not necessarily of the pet but of the owner so sure you could focus on making the world's fanciest treat but what problem does the owner of the pet have and how do you associate your service Your solution with that owner now I think of all of the team members that are required to travel inside of our business and some of them pay a hefty amount to send their beloved Pooch to a pet hotel and then the pet hotel has all of these additional Services all of these ways to be able to look at and watch the dog or cat to be able to communicate with the dog or cat and it is solving this huge guilt related problem that my team member has because they can't be with their pet all the time or throughout the day so if I was going to cut out my piece of this industry that's exactly what I would do I would focus on premium solutions for busy business owners busy moms busy dads who can't spend time with their pets but feel very guilty about it and that guilt will drive them to invest and spend more money on their pets and making sure that their fluffy little loved one is well taken care of throughout the day if I was looking to create a business I would lean into the guilt that pet owners have about not being with their pets the wildest types of products have been created for pets in the last decade everything from snout soothers to spa treatments where pets actually have cucumbers on their eyes there is so much money to be made as the urbanization of the United States continues to happen people live in smaller homes smaller Apartments they are busier and have more demands therefore cannot be with their precious Pooch but want to be able to provide their most beloved family member with something that removes their guilt and treats their pet the second strongest business opportunity for 2025 is in the health and wellness space the health and wellness industry is a gold mine for new businesses with a projected compound annual growth rate of 8. 6% I know this to be true because one of our primary Investments inside our Ventures business is in the health and wellness space we made a small investment 3 years ago in a business that was generating $2 million and this year that business will do over $100 million why people care about their health longevity is not just a trend it is something that people prioritize in a post-pandemic world where we feel like the healthcare system failed us consumers want better information more data about themselves and more options that they truly understand where they're actually in control of how they feel and the future of their health with the traditional Healthcare System failing US during the pandemic if you love the health and wellness space you no longer have to use that you don't have a degree as your barrier to be able to start a business in the space because you have access to real time information that doctors have access to a doctor who got their medical degree 20 years ago has to entirely understand what has evolved in the field of medicine and most of them don't keep up to date on this so the health and wellness field has never seen the opportunities that are about to be created in 2025 and Beyond because of this barrier that has practically evaporated in front of us now if you do have a degree there is still hope for you because the global Wellness economy was valued at $5. 6 trillion in 2022 and is projected to reach $8.

5 trillion by 2027 what does this mean for you people are still investing in their health they want Solutions and you are trained specifically to be able to provide those things to them so how can you pivot your products and services to be able to be more focused on Med spas or tele medicine or Wellness treatments and centers that cater to high-end clientele people want these solutions they want these products you can just change the service offering instead of going through traditional Healthcare traditional hospitals and partner with somebody who is business savvy to create the health and wellness Empire of your dreams the third business model that's worth starting in the next year is an industry with nearly a 10% compound annual growth rate and it's sustainable and eco-friendly products sustainable and eco-friendly products have a 5year compounded annual growth rate of 99. 9% compared to 6. 4% for conventional products so what does that even mean well what's wild about sustainable products is you could apply it to anything that people purchase so the barrier to entry is ridiculously low because this can apply to cosmetics it can apply to Skin Care it can apply to fashion clothing garments shoes the idea of sustainability and products that are sustainable can be looked at from so many different lenses because there's no shortage of things that are made in a non-sustainable way 2025 brings no better time to hop on board this shift that really started two decades ago into more sustainable products and creating a more sustainable lifestyle as the perfect example this founder Vicky Sai took her small sustainable Beauty business business from completely unknown to getting celebrity deals with Jennifer andison and Drw Barrymore and eventually sold her business for $500 million the key to tatcha's success were unique ingredients that merged this idea of being eco-friendly with a sense of Premium luxury there is often the stigma of eco-friendly products being flat out boring so in order to succeed in this space with these types of products you'll need to combine this idea of sustainability with a fun and sexy brand that stands out and the key to making money in this market is to avoid the traditional granola type brands for these products instead develop a brand that emphasizes fresh and clean Aesthetics focusing on household goods beauty products pet supplements and make them eco-friendly finally we have the largest fastest growing Market where I would recommend starting a business in 2025 the demand for this kind of business is expected to reach a value of around $10.