Most businesses had to close down because if you don't have clients, you can't pay rent,

wages, and other expenses of running a business. But that's not the worse statistics. According

to Yelp, The data shows that over 60% of businesses that closed during the pandemic are now permanently

closed. They are not opening their doors again. Most of these business owners spent years,

if not decades building these businesses. The process of hiring one person and training

him is a lot more expensive than most people imagine. I can say that from my personal experience. 

But not everyone suffered. Besides top Tech companies who actually profited enormously

out of this pandemic and literally doubled their valuation in under a year, most small

online businesses have done pretty good. And that's the beauty of online businesses because

its immune to such crises.  And in the age of the internet, it doesn't

matter where are you! As long as you are connected to the internet, you can do business all across

the globe. But what are the business that is going to

grow this year and next year? Which industries are going to boom in the next few years?

What business should you start if you want to become financially free? 

We will answer all of these questions and many more. So give this video a thumbs up,

and let's start with the first one.  


Blockchain  While most people associate Blockchain with

bitcoin. It's much more than that. As we have discussed in one of the previous videos, Blockchain

makes information trustable and reliable, and in the next year few years, more and more

startups are going to emerge that will focus on applying this strategy to different industries.

The crypto world will of course, keep rising because that's what made Blockchain popular

in the first place. But I can imagine that the entire stock market will be based on Blockchain

because it will automate the process and make it secure. Land ownership, intellectual property,

marriages, divorces will all be stored in Blockchain-based technology, so we will no

longer have land disputes or unnecessary intellectual right fights in the courtrooms. 

Accountants work with a spread of documents — from tax forms to bank statements to spreadsheets

— containing extensive personal or organizational information. Layering in blockchain technology

could make it easier to keep track of this sensitive data as it is processed by accounting

firms. Loans, credit, insurances are all can be moves to Blockchain to make them more secure.

I can give you a million other examples, but this is why this industry will keep growing

tremendously this year.  



 2. Online education


 What 2020 proved to many of us is that colleges

are obsolete. We all knew that prior to the pandemic, but we needed to prove it to the

world. People who paid hundreds of thousands of dollars to get an MBA from top universities

realized what a poor decision they have made because, in the age of the internet, you can

learn whatever you want online. And the cost of online learning is a tiny fraction of what

a college degree cost.  


Of course, physically attending a college has its advantages, such as building connections,

being able to interact with the lecturer on a personal level, and so on. But most of what

you are taught in college can easily be taught online. And it doesn't even have to be live.

It could be a prerecorded course. I can teach you everything I know about the

stock market without meeting you. In fact, many of you have already taken my course on

Skillshare. If you haven't, you can get it for free using the link in the description

because you will get a two weeks free trial. At the end of the course, you will be given

an assignment which I will personally check and provide you with feedback.


 This industry is already booming, and in the

next few years, it will grow exponentially. What I like about it is that anyone can profit

out of this growth by creating a course or a class on a subject that he is good at and

share it on Skillshare or teachable. Online education is growing by 10 percent

a year. That might not seem high, but that's a lot. The industry is crowded slightly, but

as long as you come up with a creative way to teach, you will always find your niche.

3. Tourism 


2020 was the worst year in tourism history with 1 billion few international arrivals.

According to various estimates, the industry lost over 1.3 trillion dollars last year.

Yes, we are talking about trillions. The crisis has put between 100 and 120 million direct

tourism jobs at risk, many of them in small and medium-sized enterprises.

While these numbers seem scary, they also present a unique opportunity. 

The same players are not going to come back smoothly. The chaos usually creates new players

because it provides new opportunities. The people who are going to adapt and take advantage

of this chaos will prevail.  Everyone knows that travel is not going to

go anywhere. In fact, we have taken travel to a whole new level when Virgin Galactic

made history by flying the first tourists to space. By the time this video is ready,

Bezos will probably also complete his flight to space.

In the next two years, this industry will be recovering, which means it could grow by

20,30 or even 50 percent a year. Riding this grow is one in a lifetime opportunity.

4. Digital Marketing 


10 years, very few people took this field seriously. Everyone thought that online ads

are always going to be secondary, but they didn't see how smartphones are going to dominate

our lives and how much more data social media can provide. In the world of the internet,

data is everything. If a tv channel can you an approximate estate of their demographics,

social media companies can tell you exact data about their audiences. In fact, you can

buy ads based on where they live, what they do, how old they are, what they are interested

in, what movies do they watch? What they have been browsing online lately and so on.

Online ads are literally a million times more effective than traditional ads, and anyone

who understood how the internet works back in the 1990s took advantage out of it.

Even Jeff Bezos back in the 1990s said that Amazon's greatest advantage is the amount

of data it can collect. Online ads have already overtaken traditional

ads.  In the USA, in 2020, Digital ad spend has

reached $151 billion compared to $107 billion for all traditional ads. Digital ads in

the US surpassed traditional ads in 2019. It's on pace to be more than 2/3 of all ad spend

in the U.S. by 2023. Opportunities in this industry are so many

that you can get into this field even if you do not have any experience. After taking a

few courses, you can start offering your services to small businesses. You can use their money

to advertise their products while getting experience in the process. And after having

a few clients. You will have a track record to show to other companies that you can set

effective online ads. Remember, at the end of the day, the goal of any business is to

maximize sales, and if you can help them do that, they will gladly pay you a fortune. 


 5. Healthcare 


 Let's be honest, prior to the pandemic. Most

people didn't take their health seriously, except those who had health problems. The

pandemic was like a reminder of the horrible consequences that we could face if we do not

follow simple health guidelines such as washing our hands as often as possible, paying attention

to the food we eat. 


The company that took the best advantage out of this pandemic was Moderna. They were getting

ready for such an opportunity since their inception. Thank God I had invested in this

company last back when the pandemic just started. They have developed mRNA technology. It's

a type of vaccine that teaches your body how to make a protein that will trigger an immune

response without using a live virus. And now they are developing vaccines against Flu,

Zika, HIV, and Cancer. They will probably also started developing a different kinds

of drugs. This is a really competitive industry, and

it's not easy to get in. So the best way to take advantage out of this industry is by

investing in biotech companies such as Moderna, but there are more of them in the industry,

such as BioNTech SE, Vertex, etc. The challenge is to find companies that are

working on technologies that will work because if you are uneducated in this field, you can

easily be manipulated and might invest in worthless companies that will go bankrupt

in a few years. 


Here you go. These are the 5 industries that are booming currently and will continue to

grow this year and in the years to come. My favorite one is Blockchain since it seems

like the next step in the evolution of the internet, but be careful because its also

filled with scams. Some of them might even be in the comment section of this video. But

before you get into any of them, make sure to do your own research. Watching one YouTube

video is not enough if it's from our channel.  


If you have enjoyed this video, you will most definitely enjoy this custom playlist that

I have created specifically for you that has our most popular videos on business, investing,

and the stock market that can potentially change your life.

And now give this video the thumbs up that it deserves, and make sure to subscribe if

you haven't done that yet. Thanks for watching and until next.