The 5 Best Business Opportunities For Newbie Entrepreneurs To Start in 2020

Today, I’m going to give you the 5 most profitable business ideas that you can start in 2020.


Profitable meaning:

  • Low risk
  • High reward
  • Great return on investment
  • Quick to take to market
  • Capable of growing and scaling

Not all business ideas are equal. An idea is only valuable if it’s actionable and profitable.

These ideas I’m about to show you? They’re the good ones.

Yes, it’s my opinion.

But my opinion comes from 20 years of building and growing companies, investing in 40+ startups, becoming a multi-millionaire, and working closely with many successful businesses.

These are the 5 growth areas that are already taking off, whether you’re riding the wave or not.

Check it out.

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I’m willing to bet you’ve heard of some of these. Probably even thought about starting them.

Isn’t it time to take action?

These are what I would recommend to myself if I was starting again. And they are what I’d recommend to you or to anyone I care about and want to see succeed.

But it’s all about execution.

A shortlist of ideas isn’t going to get you millions in revenue… Choosing something, committing to it and making it happen — that’s what makes the difference.

Make it your year. Make it your life.

Just make something great out of it, yeah?

Don’t forget, if you’re going with the SaaS option, then I’m here to coach you through all the difficult stages of growing and scaling.

Tune in to the video here, take some notes, and start taking steps towards that goal.

P.S. Prefer audio? Subscribe to the SaaS Growth Stacking Show directly on Apple Podcasts or Spotify and make sure to leave a rating and review if you find the show helpful.

Dan Martell has advised more startups than his hometown has people and teaches startup founders like you how to scale. (Get access to all my latest business hacks.) He previously created, raised venture funding for and successfully exited three tech companies: Spheric, Flowtown and You should follow him on twitter @danmartell for tweets that are actually awesome.

Originally published at on March 16, 2020.