6 Businesses That Can Make You A Millionaire

Author

Alice Cee
June 23, 2025

Hello! Welcome to Monday’s newsletter!

Whether you buy or build, I have personally seen millionaires being made out of these business niches below:

  1. Home renovations - Large projects + heavily referral based business. I have acquaintances in this line of business and they own multiple detached houses in Vancouver (coming from same immigrant background as me).

  2. Staging services - For short term rentals, Airbnbs, or new listings. Easy to justify the ROI. The furniture can be re-used over and over, and many of these owners are thrifty shoppers (ie. from FB marketplace). If you have an aesthetic staging eye, this is a great business to be in.

  3. Accounting Firms - PE firms are very “into” accounting these days. Solid margins, lots of improvement opportunity (especially with automations and offshore labour), and historically very low churn. Many firms are owner-managed, operate with brick and mortar model, and use physical paper, which screams opportunity.

  4. Beauty Salon - Think hair/nails. I’ve paid up to $750 for a single hair appointment in the past (8 hour day). Extremely common and tons of girls do this as well. Women will pay anything for beauty.

  5. Commercial Cleaning - Very sustainable business model that provides an “evergreen” service to society.

  6. Video Content Agency - I saw recently on LinkedIn someone scale their video content agency to 500k/mo (specializing in Tech/SaaS clients). The key is you have to make sure the video can BOOK CALLS or GO VIRAL, which requires quite a bit of skill and experience to nail.

That’s all for today. Hope you enjoyed this 5 minute read.

Alice