 10 businesses that will make you rich in the nearest future. Starting up a business is one of the hardest things to do. It takes hard work, perseverance, capital, and of course, in-depth knowledge about the business to run one successfully. With numerous careers and industries out there, it gets even tougher picking an industry to launch your startup. The truth is that starting any kind of business, at all, is a risk on the part of the entrepreneur, because one can hardly predict what will happen within one year not to talk of the nearest future. According to research by Fundera, 20% of small businesses fail in their first year, 30% of small businesses fail in their second year, and 50% of small businesses fail after five years in business. Finally, 70% of small businesses' owners fail in their tenth year in business. However, the good news is that certain businesses tend to stand the test of time better. So, in this video, I'll share with you 10 businesses that will make you rich in the nearest future. This, I believe, will help you become a successful person. If you're new here, consider subscribing so that you won't miss other interesting videos like this. 1. Real Estate Think of online design services. Time brokerage, real estate tech, and the last. These are a few sectors of the industry likely to make you a millionaire shortly. Reports show that real estate has been one of the slowest industries to innovate, which means that it is less likely to be invaded by disruptors any time soon. A majority of the growth will come from agents, property managers, rentals, and other related services. 2. Transportation Transportation is a sector that is here to stay, as long as the earth remains, because people will always need to move from one location to another. Depending on the level of innovation in one's country, autonomous vehicles, electric vehicles, and even driverless cars are some of the projected sectors that will earn the industry about $3.6 trillion soon. 3. Counseling and Therapy In the past few years, they have been a lot of awareness programs and campaigns to enlighten the masses about the importance of mental health. Thankfully, everyone is beginning to realize that their mental health is just as important as their physical health. As a result, the need for professionals in this field is on the increase. For instance, according to the BLS, Bureau of Labor Statistics, they expect that the need for marriage and family therapists should grow by 41% in 2020. 4. Finance The management of funds, which is integral to most companies, can be somewhat complex. Also, non-traditional investment firms are likely to outgrow traditional financial institutions like banks and brokerages. This means that the need for financial experts will be on the rise. 5. Management The toughest part of being an entrepreneur is managing the business with the lowest cost possible while making certain big decisions that could either ruin the business or make it successful. So, the need for individuals such as human relations officers, benefit administrators and event planners who can improve a unit's cost while lowering costs will likely be on the rise as well. 6. Hospitality Sectors like hotels, restaurants and leisure fall in this industry. Thanks to the rise of Airbnb, which now has 4 million listings worldwide, bigger than the five largest hotel chains combined, more industry experts are ready to partner with startups that can help them compete or at least create opportunities for them to compete directly with the likes of Airbnb. Thanks to the rise of Airbnb, which now has 4 million listings worldwide, bigger than the five largest hotel chains combined, more industry experts are ready to partner with startups that can help them compete or at least create opportunities for them to compete directly with the likes of Airbnb. 7. Media Have you taken a moment to think about what Netflix, Hulu and other similar streaming services are doing to traditional TV? Think of reality TV shows, gaming and the likes. These are only but a few sectors of the media that is quickly generating revenue in the industry. You can generate so much money depending on the extent to which you are willing to get creative. 8. Construction Have you noticed the trends in recent years? There are more big infrastructure, residential housing and construction technology in general, which means that everyone wants more efficient buildings. A McKenzie study predicts that by 2025, a third of the world's urban population will struggle to get safe, secure housing, opening up an unprecedented opportunity for efficient, affordable housing options. 9. Technology Machine learning, artificial intelligence, robotics and the likes are a few sectors getting advanced daily in the tech field. A lot of software development is done all over the world from time to time, with every product developer focusing on how to make their products or service user-friendly to break out from a world of gadgets and to give people seamless experiences that save them time. The good thing is that nearly every field requires high-speed computing to make their work easier and more accurate. Some of the sectors to consider in this industry include biotechnology and biomedicine, nanotechnology, robotics and 3D printing, which will allow physical products to be manufactured from a digital data file. 10. Health Traditional healthcare facilities like hospitals and primary care practices are gradually declining and face enclosure. According to a new report by Fundera, there is a 136% forecast output growth based on the Bureau of Label Statistics projection in 2026 in this field. Hence, entrepreneurs should focus more on creating convenient, personalized and data-driven health to compete with traditional healthcare providers. There you go! So you can start with this list to jumpstart your startup success. Thank you very much for watching our videos. We'd like to give you another interesting video for you to enjoy next. But before then, our team will be very happy if you can like this video and share it with your friends on social media. If you're new here, don't forget to subscribe so you won't miss other interesting videos like this. Look at your screen now to see two other videos we handpicked for you to enjoy next. We love you.