A business idea if you want to become rich

Data brokers.

They collect data and sell those data to the highest bidders. It’s not an industry you see much but it’s in the background. They deal with all kinds of data, consumer data, traffic, business etc. The sources of data will continue to increase because of the internet of things (iot) and 4G. It’s said that data is the new oil.

There are already some big players in this industry but it’s also growing and it’s open for innovation. There is a low threshold for entry because all you need is an app or a website that allows you to gather data from users and then sell them.
 

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