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Are you looking for a profitable venture to dive into this year? The business landscape is evolving rapidly, and 2025 presents numerous opportunities to capitalize on emerging trends and technologies.

Whether you're an aspiring entrepreneur or looking to pivot your current business, these 23 ideas can help guide you towards building your very own million-dollar enterprise.

Let's get started.

Million dollar business ideas

1. Launch an AI-powered business

AI side hustles

The idea of launching your own AI-powered business might sound technologically complicated or overly involved, but it's actually much more approachable for the average person than you might think!

Artificial Intelligence (AI) is, without exaggeration, revolutionizing industries across the board, and yours could be next. By creating AI-powered solutions, such as chatbots, automated content generators, or predictive analytics tools, you too can tap into this already booming market.

The average annual revenue for AI startups can range from $1 million to $10 million, depending on the niche and execution. This business is best for tech-savvy individuals—you don't need to be an expert, but it's beneficial to already have a degree of familiarity with AI—and a knack for innovation and problem-solving.

But AI isn't just about writing content or asking ChatGPT how to put a document together, since AI is leveraged in a wide range of ways, including automation tools. Could this be your next million-dollar business idea? There's definitely potential.

Want to learn more about the power of AI? Check these out:

dropship

Dropshipping allows you to sell products online without holding inventory by partnering with suppliers who ship products directly to customers. This model has become popular with micro-entrepreneurs or those just starting out, as it is generally low risk and comes with few, if any, overhead costs.

It's worth noting, however, that some business spheres are more open and accepting of dropshipping than others, so be sure to do your research and plan your marketing approach accordingly.

A popular example of this business idea in action is Oberlo, a platform that helps entrepreneurs source products and manage their dropshipping business. Successful dropshippers can earn anywhere from $50,000 to $1 million annually, with this business being most ideal for those who are interested in leaning into the creative aspects, primarily with regard to marketing and social media outreach.

So, if you're looking for million-dollar ideas, this could be one at the top of your list to explore, since there is so much potential. Want to learn more about starting a dropshipping business? Take a look at these resources from Whop experts:

3. Start a podcast

podcasting

There are memes online about how many people are starting podcasts these days, but it's trending for a reason. Due to increasing market saturation, if you decide to pursue this route, make sure to offer unique or uniquely valuable content to stand out and achieve the greatest return on your investment.

On the revenue-producing side of podcasting, by posting consistently and building a solid base of listeners, you can attract sponsorships, advertising revenue, and listener donations. Joe Rogan's podcast, for example, is reported to have a $30 million annual revenue.

Podcasters typically earn between $10,000 and $100,000 annually, depending on their audience size and monetization strategies. This venture is best suited for individuals with a passion for storytelling, educating, interviewing, and/or creating audio content.

When starting your podcast, it's important to have a plan in place, covering the theme of your podcast, format, whether you're going solo or with a co-host, and what tools you're going to use. While this might not be an overnight million-dollar business idea, there is certainly potential.

You can even start a podcast for free when you know how, and monetize your content right here on Whop. With opportunities to paywall your premium content, create and sell digital products, and even build your own community, you'll be hitting the big bucks in no time.

Want to learn more about podcasting? These resources will help:

4. Sell PLR products

plr products

Private Label Rights (PLR) products are pre-created content that you can purchase, rebrand, and sell as your own. This can include ebooks, software, courses, cosmetics, and much more. Sellers of PLR products can generate between $30,000 to $200,000 annually -  making this an incredibly profitable business idea.

Private label products are more positively received in some markets than others, and even between communities within certain markets, so make sure to do your research before jumping in. For example, the cosmetics brand Morphe Brushes started off as a private label company and was extremely profitable; however, their revenue dropped after their private label status became common knowledge.

On the other hand, cosmetic consumers who primarily purchase highly affordable products—think brands such as L.A. Colors, Nicka K, and the like—whether or not a product is private label is largely irrelevant.

To really make money in this realm, consider selling PLR digital products. Digital PLR products like ebooks, planners, and online courses, are designed to help entrepreneurs launch or expand their businesses faster. They are digital products that can be edited by the buyer with their own personal voice and branding.

As such, they're a huge life-hack for entrepreneurs, and offer up a great money-making opportunity for PLR digital product creators. Make the product once, and sell it over and over again.

And what better way to set yourself on a journey to a million-dollar business than to sell right here on Whop? Whop makes it easy to upload, price, and monetize PLR products, whether you're selling planners, trackers, or coloring books. With Whop, you'll even keep up to 97% of your earnings, getting you closer to that million-dollar business.

To get to grips with PLR products, take a peek at the following:

5. Get into wholesale real estate

real estate

Wholesale real estate involves finding undervalued properties, securing them under contract, and then selling that contract to an investor for a profit. Companies like New Western Acquisitions have excelled with this method, often seeing substantial returns.

Wholesalers can earn between $50,000 and $500,000 a year, depending on the volume and size of their deals. To succeed, you need a sharp eye for potential deals and the ability to build a solid network of buyers and sellers; proficiency in market research and understanding property values are also necessary.

This field is ideal for those with strong negotiation skills and a solid grasp of the real estate market.

While you can earn tens of thousands of dollars each year getting into wholesale real estate, it's not something you'll necessarily learn overnight. But thankfully, there are plenty of online communities to help you get started. We've even got some great guides on the Whop blog to help you learn more about the world of real estate:

6. Upgrade an existing product

improve product

The problem with trying to create a new product is that the market is so saturated, and it likely already exists. So, rather than trying to become a millionaire by inventing something new, why not improve something that already exists?

Upgrading an existing product to work more efficiently or better meet market needs can be very profitable and is a great option for those with inventive and innovative minds.

This might involve adding new features, redesigning for better usability, or integrating new technology. Dyson, famous for reinventing the vacuum cleaner, is a great example of this strategy. Spotting gaps in what's currently available and addressing them can really help your product stand out from the crowd, as well as keeping up with the latest trends and regularly gathering user feedback.

With a little market research, you could easily have a million-dollar business idea at your fingertips, when executed well. Don't be afraid of digging in, doing some research, and learning your stuff from others! There are plenty of communities and online courses to help you get started, if you're new to product development.

Companies that focus on product improvements can earn between $100,000 and several million dollars annually. This type of business is ideal for creative thinkers with a strong grasp of market demands who excel in product development.

7. Build a social brand that you can monetize

tiktokers

Becoming an influencer on platforms like TikTok, YouTube, and Instagram can be incredibly rewarding and is especially popular with younger generations. If you create engaging content and build a dedicated following, you can make money through brand deals, sponsored posts, and merchandise sales.

Just look at influencers like gaming Youtuber PewDiePie, whose net worth is $45 million, and TikToker Charli D'Amelio, whose net worth is $17.5 million.

Most influencers earn between $50,000 and over $1 million a year. Success in this game is all about crafting a unique personal brand and consistently putting out content that your audience loves. Relatability and authenticity are also core tenets of success. It also means keeping up with trends and interacting with your followers to keep your influence growing.

If you're charismatic, creative, and don't mind being in the spotlight, this could be a great path for you.

To get started, it's important not to spread yourself too thin. If you try to dominate every social media platform out there, you'll set yourself up for a difficult task that is hard to keep up with. Instead, try focus on 1 to 2 platforms; this could be Instagram and TikTok, for example.

Once you've built an audience and mastered creating content for these platforms, look to branch out to others and repurpose your content accordingly. When it comes to million-dollar business ideas, influencer marketing has plenty of potential. While it's not quite a typical 'customer-based' business, there is definitely room as your fan base grows.

Heck, you can even turn your followers into fans elsewhere, with paid communities, competitions, and exclusive content - right here on Whop. Want to learn more about leveraging social media? Check these out:

8. Sell an online course

online courrse

Is there a field you know enough about to teach or train others? The online education market is exploding, and setting up a course in your specialty can be highly profitable. Take Rob Percival, for example—his coding courses have made him millions. Depending on the subject and your marketing efforts, you could earn between $10,000 and $500,000 a year (or more).

So if you've got your eyes on a million-dollar business, it isn't out of the realm of possibility.

Creating engaging and high-quality content is key to attracting students and keeping them coming back. You can also build a strong reputation through positive reviews and successful student outcomes, which will further boost your course's appeal. Additionally, offering supplementary materials or personalized lessons can enhance the value of your course and potentially increase your income.

You'll need to find the right platform to host your course, as this can make all the difference when it comes to student experience and retention. Whop makes it easy to create and monetize an online course, no matter what your subscription model or topic is. You'll even keep up to 97% of your earnings when your students buy direct. Quite frankly, it's a no-brainer.

Overall, this is a great option for those who know their stuff and have a talent for teaching and creating content.

9. Create a paid community

community

Creating a paid membership community around a specific interest or niche can be a great financial opportunity. Platforms like Whop make it easy to offer exclusive content, workshops, and/or networking opportunities for a subscription fee.

The Content Academy community, for example, provides valuable resources such as online courses and group coaching, teaching the next generation of entrepreneurs how to launch a viral personal brand. When it comes to making money, the sky is the limit, with some communities on Whop making as much as $250,000 per month!

To make this work, you need to offer content that truly resonates with your members and keeps them coming back. Keep your offerings fresh and engaging, and interact with your community regularly to build strong relationships and trust. Also, paying attention to member feedback can help you continually improve and enhance the community experience.

This model is great for those who have a talent for community-building, knowledge in a specific area, and are comfortable managing and engaging with members.

If you think creating online courses could be your next big million-dollar business idea, check these out to help you get started:

10. Become a coach

online coaching

Offering coaching services in fields such as business, life, fitness, or career can be incredibly rewarding, both personally and financially. Successful coaches have deep expertise in their field, a genuine passion for helping others achieve their goals, and often build their personal brands while using social media to reach and engage clients.

Although a controversial figure, Tony Robbins is a prime example of this success, running a coaching empire that generates millions each year. Most coaches earn between $30,000 and $300,000 annually, with top performers making millions.

To build a thriving practice in this area, you'll need to create valuable content, such as blogs, videos, or podcasts, to attract and engage clients. Networking and showcasing your success through testimonials and case studies can further boost your reputation.

Additionally, staying updated with industry trends and investing in your own development will ensure your advice remains fresh and relevant.

Could coaching be your best multi-million dollar business idea? These guides will help:

11. Create and sell SaaS

Software as a Service (SaaS) is a great way to build a profitable business by offering software through a subscription model, with companies like Slack and Zoom showing just how successful SaaS can be. On average, successful SaaS businesses make anywhere from $500,000 to over $10 million a year. This model works well for tech entrepreneurs who can spot a need and develop software to fill it.

Got your mind set on making over a million dollars? SaaS could be the go-to business model.

One of the big perks of SaaS is the steady revenue from subscriptions, which helps create a stable income and opens up opportunities for growth. Plus, because SaaS scales easily, you can grow your user base without dramatically increasing your costs.

Success in this field requires a mix of technical skills, solid marketing, and good customer support to keep your subscribers happy and attract new ones. To stay ahead, you'll need to keep innovating and adapting to new tech and shifting customer expectations.

Learn more about SaaS:

12. Launch a niche ecommerce store

ecom

Niche ecommerce stores zero in on specific product categories or target audiences, which helps create tailored marketing and a loyal customer base. For example, Beardbrand, which focuses on grooming products for men, shows how this model works.

Depending on your niche and how well you execute, these stores can make between $50,000 and millions of dollars a year. This type of business is perfect for those who are passionate about a specific product and can successfully navigate ecommerce marketing.

Focusing on a niche helps you stand out from bigger, more general retailers and build a dedicated community around your brand. Narrowing down your focus, it also makes it easier to create a marketing strategy and business plan for your ecommerce website - since you'll know exactly who you're speaking to.

There are plenty of ecommerce website options out there to create your online store, with Whop being the best solution for selling digital products. For physical items, you can look into other ecommerce platforms such as WooCommerce, Shopify, and Square Online.

Be sure to pay attention to customer feedback to help you improve your products and boost sales, and continually refine your approach for long-term success in the niche ecommerce world.

Learn more about successfully launching and running an ecommerce store here:

13. Start a freelance service marketplace

markeptplace

Creating a platform where freelancers can connect with clients can be a highly rewarding business. Just look at Upwork and Fiverr—they've tapped into the gig economy by linking freelancers with businesses that need their skills.

These platforms earn by taking a cut from each transaction, and their annual revenues can range from $1 million to $50 million. This kind of business works well for those who are good at building and managing platforms and can grasp the needs of both freelancers and clients.

What's great about these platforms is their potential for growth; as you draw in more users and transactions, your revenue can grow significantly. To succeed, you'll need to keep innovating, staying on top of market trends, and prioritizing client fairness in financial dealings to make sure both freelancers and clients have a smooth and rewarding experience.

There are plenty of ways to start freelancing, including packaging your services right here on Whop. Plus, once you've built a solid client base, you'll be in the perfect position to extend your offering, with paid communities, exclusive files, and even paid 1-1 calls.

Want to dive into the gig economy and start freelancing? Here are some of our top resources to help you get started:

14. Start a digital dropshipping business

whop affiliates

This has to be one of the easiest businesses to start. Digital dropshipping revolves around selling digital products without the need to create or own any of them. To get started and maximize your income, it's important to find a niche or specific market you're interested in. For example, you could dropship digital marketing products, or guides for coders.

While you might not be a coding expert with enough knowledge to create a course, as a beginner there's an opportunity to create beginner guides. Then, once you have a following you could find a reputable course creator and get affiliated with them.

Now it's time to funnel your audience into their course - and there we have it, you've just "sold" a digital product without even owning it. Finding the right platform is key to your success, and this is where Whop comes in. It takes just a few minutes to sign up to Whop, and with no monthly fees, you won't pay a dime until you make a sale.

With Whop apps, we make it easy to grab affiliate links, create content, share across your social media, and start making some serious cash.

Want to get started with digital dropshipping? Here's what you need to know:

15. Digital asset flipping

Instead of flipping property (although this is a great business idea with huge potential), digital asset flipping revolves around generating high profits by buying undervalued online properties. This could be domain names, websites, and email newsletters. You'll then need to work to improve their value, and sell them on for a profit.

With the right strategy, you could be onto a million-dollar business idea, by turning overlooked digital assets into lucrative investments.

16. Subscription box for digital products

Instead of physical subscription boxes, curate and sell a monthly digital subscription box with items like premium stock photos, website templates, exclusive ebooks, and niche online courses.

With low fulfilment costs and high scalability, there is plenty of room to make some serious money. Finding the right platform is key for delivering your items, and this is where Whop excels. Whop makes it easy to sell, regardless of your niche. Simply create a whop, shape your subscription service and offer multiple tiers of subscriptions, from free to annual payments.

Learn more here:

17. Automated resume & cover letter generator

With AI helping businesses and entrepreneurs in many ways, now's the time to leverage this technology for your next big business idea. AI has significantly changed the way job hunters search, apply, and write cover letters for potential jobs.

With the right AI model by your side, you can easily set up a service to automate resumes and cover letters, with just a couple of easy prompts. You can offer this as a subscription model, or for a one-time fee per resume.

18. Print-on-demand products

Much like dropshipping, print-on-demand (POD) products also require very little input, since you won't need to worry about inventory or shipping.

Print-on-demand (POD) products allow entrepreneurs to sell custom-designed items - such as t-shirts, mugs, phone cases, and posters, with ease. You don't have to be a graphic designer to get started, since AI can help you create unique ideas to sell in a matter of seconds.

Using platforms like Printful, Printify, or Teespring allow you to upload your designs onto your chosen products and get them printed and shipped directly to your customers

Not sure how to get started? You can learn all about POD, right here via Whop communities. Learn from the best and get ready to put your strategy into action.

Find the right POD service and nail your strategy with these resources:

19. AI-powered YouTube automation

Now, I know what you might be thinking... Is everything powered by AI? Well, quite frankly, AI is such a time-saver, and there are so many opportunities to build and create tools using it. With content creators always looking for a way to streamline processes, this is a great opportunity to cash in on the creator economy.

Here you can offer a turnkey solution that handles scriptwriting, video creation, voiceovers, and SEO optimization using AI tools. With these tools at the ready, you can easily charge high-ticket clients, such as entrepreneurs and brands, to automate their video content strategy.

Learn more about YouTube below:

20. Try trading

whop trading

If you've got a big interest in finance, money, and the stock market, trading could be a great way build a successful business with high annual revenue.

You'll need to be good with data in order to analyze market patterns and make data-driven decisions to bring in some strong income. Essentially, you'll be buying and selling stocks, currencies, commodities, or other financial instruments, to earn a profit from the price changes.

To learn more about trading, check out Whop communities and the following resources:

21. Virtual tutoring sessions

While this might not sound like a huge money-making opportunity, it's all about expanding your offering as your business grows. For example, you might start by offering group tutoring sessions, but over time, build a paid community, paywalled content, or even 1-1 tutoring.

What may start off a small business can quickly expand with the right digital marketing strategy!

To get to grips with online tutoring, take a look at these resources:

22. Hyper-niche job board

job board

General job boards are competitive, but niche job boards for specific industries - such as remote AI engineers, esports professionals, or sustainable tech startups - can attract high-paying employers and job seekers. How you choose to monetize this business is up to you, it could be through paid job postings, memberships, or recruiter partnerships.

You can even create a job board right here on Whop! The Job Board app makes it easy to share details with your whop members, with an advanced dashboard to keep track of responses, contact rates, and much more.

23. Rent out through Airbnb

airbnb

Whether you have a spare room you can rent out, or your own property portfolio, there's a huge amount of money to be made through platforms like Airbnb. This is especially true if your property is located somewhere people want to visit, such as a big city, or popular holiday destination.

As a host, you have full control over your pricing, with opportunities to use dynamic pricing to your advantage during peak season. If you have the means to do so, buying property is often viewed as a financially sound investment.

Start your million dollar business with Whop

whop

This is an exciting time for anyone starting a business. There are so many potential avenues - figure out which one best draws upon your skills, passion, and goals, and get started. By this time next year, you might even be on the precipice of your very own million-dollar business.

When you are ready to launch, choose Whop. Whop is a social commerce platform where you can create and sell all kinds of digital products, including ebooks, SaaS, online courses, webinars, coaching calls, and more.

With Whop, you create your own online hub - known as a whop. Within your whop you choose what you want to sell, add it to your whop, and paywall it. You can even create private communities in your whop with features like chat, forums, and giveaways, and then sell access to these.

Start making money today with Whop.

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