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Business Ideas Worth Billions of Dollars (Part 1)

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Business Ideas Worth Billions of Dollars

Introduction

Hello readers!

Welcome to Explicit Ideas! A place, where ignited minds come to get healthy, wealthy, and wise!

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A BDI or Billion Dollar Idea is like a beautiful day, everybody owns it, but only some people take advantage of it. 

In this video, we’re going to send 15 rays of sunshine your way – what you choose to do with them will determine what you reap.

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We’re building a great community of future billionaires, so be part of the journey.Load WordPress Sites in as fast as 37ms! The goal of this website is to inspire future billionaires.

So, what else is the better way to do that than to present you with some opportunities to achieve billionaire status? 

There are multiple ways to get there, but we must warn you the competition is insane because everybody’s racing to get there. 

Before you dive into this article, we strongly recommend that you read our article, Why You Are Not Rich? and Harsh Realities, Business Schools Fail to Teach!

In this new chapter, Team Explicit Facts will try to explain “The Problems To Solve, If You Want To Be A Billionaire”.

business ideas

These issues are subjectively studied and executed by each Billionaire.

These secrets have been proved relevant for years, which helps a person to turn himself into a Billionaire.

We will try to relate all these rules with real-life examples to help you understand them easily.

While building a search engine or a social network are not viable options anymore… considering enormous players dominate these niches, there are still some problems the world has yet to solve… or at least make the mainstream.

Solving these serious problems subjectively and efficiently will surely help you enter Billionaire Club. 

Without wasting any time, let’s dive into the topic, “Business Ideas Worth Billions of Dollars (Part 1)“.

A Weight Loss Pill with Minimal to No Side Effects

As of 2018, the industry’s diet and weight loss is worth around 80 billion dollars in the US alone and is expected to reach a value of half a trillion worldwide in the coming years.

business ideas

The world is changing, and for the first time, more people are dying from obesity than from starvation.

Most people are lazy and would gladly pay a premium for an easy weight loss problem. 

That’s why all big pharma companies are spending billions on R&D to find a mainstream solution to the problem.

A Weight Loss pill like this could quickly become the most profitable and used drug worldwide.

Viagra alone is doing $ 1.5 Billion in revenue per year in the US, and a weight-loss pill could be valuable for both genders.

Courtesy – YouTube

Bees

Bees are big business! 

From crop pollinators to honey makers, bees are making it rain for anyone willing to see what is buzzing in this industry.

In 2019, Forbes proposed an interesting idea of valuing industrious insect populations like bees as if they were public companies. 

The valuations were based on data of agricultural economics that rely on bees as pollinators.

Forbes estimated the market cap of the global honeybee market at $20 billion.

What we most love about bees is that while being big earners, they also add 100 times more value to the community than to the beekeeper (according to the USDA).

Courtesy – YouTube

Viable Plastic Replacements

Yeah, we are ruining our planet and don’t know what to do because we don’t want to change. That’s where you come in.

The plastic market is worth $ 650 Billion now—the plastic Packaging Industry, expected to hit $ 350 Billion by 2020.

business ideas

As you’ve seen in countless videos of turtles and fish caught up in plastic, the world needs a viable alternative that is as practical, as cheap to produce, of which we have large quantities of, preferably regenerate and which doesn’t kill all life on Earth in the long run.

Everybody understands the potential of being the next plastic, and we’ve already been seeing tests with fungus, algae, corn and even hemp. 

The only thing they need to do now is to get the price down and to be able to mass-produce.

Before we move on to the next problem, do you want to hear something crazy?

It’s estimated that more than 500 million single-use plastic straws are used and thrown away every day in the US alone.

According to the National Park Service that translates to 175 billion straws a year. 

The numbers globally are even more… at least five times that.

Just think about it… You get a drink with a plastic straw, which you use for under 15 minutes, and then you throw it away, and a generous portion of these straws is not recycled.

Courtesy – YouTube

Clean Air

The next billion-dollar idea might just come out of thin air! 

The pandemic shone the light on how unreliable the current “air purifying” solutions are, and what a huge market there is for clean air.

Air pollution costs the European Union $24 Billion annually. 

That’s not including the cost to the health system, crop loss and building damage caused by air pollution, which is deep in the billions. 

There are 400,000 premature deaths every year in Europe linked to air pollution.

From green walls to bacteria filtering air conditioners, there is a world full of opportunity just a breath away. 

But how do you test a big idea on a real live market? 

Stick around and we’ll tell you.

Bioprinting and Organ Printing

There are several sub-industries to this, worth billions of dollars each, as the technology advances. 

Starting with personalized prosthetics to 3D printed skin for burn victims, bone printing, to printing working organs.

Globally the organ transplant market is worth around $ 20 Billion per year, which is expected to become a Trillion Dollar industry in the next few decades.

business ideas

The organ preservation market alone is valued at $ 250 Billion right now, so the potential in this space is massive.

As the population of the world increases and, on average, we tend to get richer, replacing an organ will be as common as eye surgery or dental implants.

To put things into perspective, you can purchase a heart on the black market in the US for a bit of bit under One Million Dollars, with a liver being sold for around half a Million Dollars.

The fact that there is a black market for organs proves there isn’t sufficient supply for the existing demand.

Studies show that one in three deaths could be delayed or prevented if we were to have access to enough spare organs.

Courtesy – YouTube

Turning Trash Into Treasure

“One man’s trash is another man’s treasure” never rang so true as in this business industry. 

The world is fast running out of space to stash its trash.

At the same time, precious metals are harder and more expensive and harder to access than ever. 

Partner the need for waste management with a much-needed tech product and you will be raking in the billions.

If you need some inspiration, look up the urban mining movement where precious metals are retrieved from tech waste.

Sustainable Housing

The need for sustainable living solutions is only becoming more important as the global populations continue to grow. 

The Business Research Company reports that “the global single-family housing green buildings market is expected to grow to $113.54 billion in 2021 at a compound annual growth rate of 7.2%.”

If you’re able to corner the market on any aspect of sustainable small housing, the industry is in for a growing profit, with a shrinking household footprint.

Courtesy – YouTube

Water Scarcity

Like waste, water is a global priority. 

Population growth and freshwater shortages will increase the demand for water and wastewater treatment services globally.

According to Statista.com, in 2016 the global water and wastewater market were worth a combined $265 billion. 

By 2018 that figure nearly doubles to a market valued at $465 billion. 

Anyone able to create, purify, manage, and transport water will see profits flow in.

As of 2016, one in nine people in the world lives without access to clean water. That’s close to 850 million people. 

Towards the end of 2018, scientists are expecting that number to get close to 1.1 billion.

business ideas

By 2025, it’s expected that two-thirds of the world’s population will find it difficult to access clean water.

You wouldn’t think that the blue planet is running out of water… but the thing is, it’s not the planet; it’s us that are running out of water.

Despite the planet being covered by 70% water, only 3% of it is freshwater, fit for human consumption.

Around two-thirds of that is tucked in frozen glaciers and unavailable to our use… so it’s us that’s in big trouble.

This year even big cities like Cape Town almost ran out of water, and situations like this will become increasingly popular in the coming years.

business ideas

So, you might soon get rations of water no matter where you live.

The economic impact of the water crisis is huge.

Not only people can’t grow crops, but they die of a plethora of illnesses associated with unclean water.

Providing access to water will be like connecting yourself to a network for internet access and will start paying a premium on it.

business ideas

Some of the solutions to water scarcity must deal with the masses.

For example, the technology will optimize the water consumption per household so that people don’t want wastewater.

Followed by improving the sewage systems to filter and deploy the water to nearby farms, one of the world’s biggest water wasters.

Meat production is incredibly water expensive. It takes fifteen thousand four hundred litres of water to produce one kilo of beef, 6,000 litres for one kilo of pig meat, and 45 litres for one kilo of chicken meat.

Courtesy – YouTube

Closing Loops in Food Manufacture

Back into waste, because as a human race we just can’t stop producing it! 

The growing need for repurposing organic waste is another wasteland of opportunity. 

This is made even more lucrative by the growing need for soil regeneration from years of unsustainable farming practice.

If you can turn a bi-product like orange peels from a juicing company into compost, then that black gold could be your ticket to billionaire status.

Plus, you’re closing the loops in a circular economy and bringing the world to a more sustainable level.

Courtesy – YouTube

Artificial Intelligence (AI)

AI is the Holy Grail of inventions, and for a good reason.

Artificial intelligence is the last invention humans will have to invent.

That’s because it will either optimize or solve all our problems or it will realize how meaningless we are as a species and wipe us all out as it evolves to a god-like status.

business ideas

Let’s say it won’t wipe us out and look at what AI could mean for Humanity.

As of 2018, AI is already generating over 1 Trillion Dollars in value, with customer experience solutions creating the most business value.

AI-derived business value is projected to reach up to 3.9 Trillion Dollars by 2022.

That isn’t considering strong AI, whose value is so hard to estimate that even the most innovative minds are a little on the edge of making predictions.

Artificial intelligence is going to be the most significant disruptor the world has ever seen… Dramatically changing the way we exist and could accelerate our transition toward a type two civilization.

It could cure diseases for us, revolutionize farming and bioengineering and even be the “Gateway to Immortality”.

Courtesy – YouTube

Sell an NFT

NFT’s might confuse most people, but what was considered a bubble continues to impress and rake in the money for investors and creators alike.

You don’t have to be as prolific as Beeple’s collage of 5,000 unique days of artwork to bring in big bucks in the Non-Fungible Tokens market. 

You could have the next ‘Charlie Bit My Finger’ gold already in your family videos. 

According to Rolling Stone, that particular NFT recently sold for $760,999 at Auction. 

Another happy home snap “Disaster Girl” brought home $500,000 in April 2021.

Courtesy – YouTube

Energy Storage

It has already been decided that the future is electric. That is until we produce something better.

Before we’ll do that, our homes are Google controlled and even cars are electric.

business ideas

The uprise of clean energy from solar, wind, hydro, and geothermal is opening up many business opportunities.

The most significant opportunity lies in the energy storage sector.

In the US alone, it’s an 8 Billion Dollar industry right now but growing by 25% year-to-year. 

This is just the beginning of an energy revolution.

We’ve already seen companies like Tesla come into this space aggressively, with their power wall storage options… But the technology hasn’t gone mainstream yet.

Increased people from Western countries are trying to get off the grid or have a strong backup for their systems.

While on the opposite end of the spectrum, we see the need for this technology in undeveloped areas with no access to electricity.SEMrush Mainstream energy storage will bring these communities into the 21st century.

To give you a glimpse of the numbers… 1.3 Billion people currently do not have access to electricity.

There is another angle to this, which is even more significant than the power wall type tech… that is of batteries. 

Cars will need more extensive ranges; cell phones will need to be charged every single day. 

Whoever’s going to figure out a way to increase battery life dramatically will be rewarded in the Billions of Dollars.

Here’s what you need to know if you’re planning to make a bid for energy storage… 

The light bulb was not created by incrementally improving the candle.

Courtesy – YouTube

Plant Based Industry

Steaks grown in labs, mushrooms for bacon, and milk made from yeast might already be in the testing phase.

But businesses willing to roll these out to the market will have their plates full…full of money!

In case that doesn’t have you craving a bite out of the pie, maybe you would be interested to note that the plant-based food market is expected to grow at a Compound Annual Growth Rate of 11.9% from 2020 to 2027. 

That means that by 2027, the plant-based pie will be worth $74.2 billion.

Courtesy – YouTube

Food Production and Alternatives

We’re 8 billion people on this planet, and we must eat every single day. Somebody’s got to figure out how to make it happen.

The problem doesn’t seem to lie in our ability to produce food… but instead, it’s in optimizing the process… Creating as much food as possible with the minimum resources spent and distributing food to everyone.

At this moment, we humans are inefficient with our food products.grammarly

Here in the West, we consume way more food than we need, and we end up throwing away enormous quantities of it as well.

We’re not sure if you know this, but food and agriculture are the most significant industry globally. 

In our research, 10% of the gross domestic product of the entire world lies in food… that’s around 50 trillion dollars.

Want to hear something shocking… 

One-third of all the food produced in the world is wasted. 

Food losses and waste amount to 680 Billion Dollars in industrialized countries and about 310 Billion Dollars in developing countries per year. That’s how much money we’re throwing away.

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It’s your opportunity to capture as much of this as possible. 

Even if, we managed to optimize food consumption so that we don’t waste as much of it, there are still big issues of production costs.

Growing food consumes so many resources that we’ll be facing a severe dilemma because we can’t sustain this kind of production over extended periods. tubebuddy

The most significant issues are related to water, grain, and deforestation to grow crops.

If the world doesn’t move quickly into alternative food sources and keep growing our population numbers, we’re in big trouble.

The obvious viable option we have is transitioning from big protein sources to smaller ones. 

Yes, people we’re talking about eating bugs. 

This might sound disgusting to most of you, but bugs are the future of nutrition for humans.

business ideas

Bugs are in your chocolate, in your peanut butter, and almost any fruit or vegetable product.

We are already seeing a lot of money going to insect farming start-ups all around the world.

So, if you’re planning to jump on this trend, you got a hurry.

Courtesy – YouTube

On-Demand Home Services

Even though the gig economy has its downsides, on-demand services are here to stay. 

The pandemic has changed buyer patterns to more home-bound consumers, so anyone offering services that come to your home will continue to be in demand.

If you create the next Uber for health care services or beauty therapy, there could be instant billionaire status in your future.

Courtesy – YouTube

Continued as “Business Idea Worth Billions of Dollars (Part 2)

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Courtesy:

https://www.thesourcemagazine.org/three-steps-solving-water-scarcity-creating-climate-resilience/

https://myventurepad.com/why-tech-startups-get-serious-renewable-energy/

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