How to Start a Blog (And Make Money With It)

  • Twitter
  • Facebook
  • Pinterest
  • Menu Item
  • About
  • Contact
  • Advertise
  • Resources
No Passive Income

No Passive Income

Take Action, Build Your Business!

The Most Lucrative Industries In Business Today

October 6, 2019 By Erik Emanuelli 5 Comments

When you are business-minded, your main goal may be to make money.  Some will tell you that that’s a somewhat disrespectful goal, but we all know that business is about how much money you can make for the product/service you provide.  

Let your research guide you to the most lucrative of industries when you consider where to begin building your legacy, and start the journey now.  Here is a quick look at some of today’s most lucrative industries.  

 

Oil and gas extraction

You may not believe it, but the oil and gas industry is extremely healthy right now.  There is a stigma that energy efficiency and the reduction of one’s carbon footprint is the new standard, but the numbers don’t tell the same story.  

The average net profit margin in oil and gas extraction is 16.4 percent, and it’s been on a recent rise.  If you’re looking to make the big bucks, investing in oil and gas extraction products would be a smart move.  

 

Accounting and other financial services

The last couple years in the accounting and financial services industry have been explosive in the best way possible.  The demand for lower overhead services has placed accountants in a position to stuff their pockets.  

In just a matter of a year, the average profit margin in the industry rose from 16.3 to 19.8 percent.  You won’t lose money working as the person who manages the money.  

 

Legal services

Holding steady at a reliable 17.8 percent net profit margin, legal services will always be a place to find extra cash.  If you’re on the right side of the transaction, you stand to make quite a bit of money along the way.  

It’s important to consider what it takes to get to the position of legal professional too.  You better make some good money in the industry, because it takes a pretty penny to go through law school.  

 

Doctors and dentists are still on top

Doctors and dentists will always be in an industry that is profitable for their pockets.  People will always need medical specialties, and our teeth will always need a good cleaning here and there.  Job security and a good income make for a happy professional.  

The net profit margin of the dental industry sits at 14.9 percent, and doctors work with a net profit margin of just over 14 percent.  Either way, the two industries mean financial progress will be made.  

 

Micro Mobility is on the rise

When thousands of electric scooters were disbursed in large cities all around the country, people took the bait. 

Millions have been made from the development of micro mobility options in urban environments, and the industry shows no signs of slowing.  

 

Tweet51
Share
Share1
Pin
52 Shares
Where Do Your Benefits Fit In Yo...
Tech Tips To Enhance Your Small ...

Related Posts

  • 5 Reasons Why Your Cautious Nature Is Destroying Your Business
  • Why a Career in Tech Works Great with Passive Income
  • Improve Your Business Building Today
  • 5 Tips for a Successful Multilingual Website
  • 6 Work-Related Issues Affecting Employees

About Erik Emanuelli

Hi! I am Erik Emanuelli : problogger, marketer and social media addict. You can follow me on Twitter, add me on Facebook or follow me on Pinterest.

Comments

  1. Ryan K Biddulph

    October 9, 2019 at 7:37 pm

    Those electric scooters are taking off Erik. Folks are making nice coin charging those things too.

    Ryan

    Reply
  2. Alex hydra

    October 10, 2019 at 3:53 pm

    Oil and gas extraction, Legal services,Doctors and dentists are the main Business in this Era. it seems that you highly reserched about these things. your blog really look intresting and you have also an engaging information. thanks for sharing this kind of blogs keep sharing.

    Reply
  3. Sathish Arumugam

    October 15, 2019 at 1:37 pm

    Erik,

    Thanks for the pin-point choices. Instead of writing blah, blah, I find your article more precise and valuable. As Ryan said, the electric scooters are amazing in India too. And, of course, the legal and financial services will be always on high-demand.

    Reply
  4. Sandeep Khyalia

    September 18, 2020 at 7:30 pm

    hi Erik
    Which Business do You Recommend After Global Pandemic?

    Reply
  5. Dan

    December 19, 2020 at 11:18 am

    Oil and gas is the biggest economy changing factor in some countries like the UAE & Iran. This is the only reason which makes them powerful.

    Reply

Leave a Reply Cancel reply

Categories

  • Blogging Tips & Tricks
  • Money Making
  • Small Business Tips
  • Social Media & Marketing
  • Tools & Resources
  • Traffic, SEO & SEM

Popular Posts

  • How to Get Likes on Facebook – 500 and More FB Likes in 2 days!
  • How to REALLY Make Money with Sponsored Posts
  • Start Monetizing Your Blog with SeedingUp : Interview with Johannes
  • How to Make Money With Affiliate Marketing – A 7 Minute Guide
  • Are You a Freelance Writer? Check These 20 Sites that Pay You to Write
  • How to Get Profitable Keywords with LongTailPRO 3.0 – A 3300 Words Guide
  • How to Make Money With Infolinks – Best Adsense Alternative
  • teliad (Now SeedingUp): a Great Platform You Should Use to Make Money Blogging

Copyright © 2021 NoPassiveIncome - Privacy & Disclosure Policy