26 Business Ideas For Bioinformatics Specialists [2024]

Updated: September 6th, 2024

Interested in starting a business as a doctor in 2024?

If managed well, building a business as a doctor could be more lucrative than employment. So, which are the best business ideas for Doctors?

We put together 26 of some of the best doctor business ideas you can start in today.

For each business idea, we'll show you real-world examples of other doctor businesses to help you see what it takes.

Here's the full list:

1. Start an AI-based business ($27.9K/month)

As a bioinformatics specialist, you could leverage your deep understanding of biological data and computational techniques to start an AI-based business. By developing machine learning algorithms tailored for genomic data analysis, you could offer services that provide faster and more accurate predictions for disease markers, drug discovery, or personalized medicine.

Additionally, you could create AI-driven tools that enhance the efficiency of bioinformatics workflows, such as automated data annotation or predictive modeling for research projects. This entrepreneurial venture could not only supplement your income but also position you at the forefront of technological innovation in the bioinformatics field.

How much you can make: $100 — $200,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 40 days (?)

How I Started A $10K/Month App Building Agency Using No/Low Code Tools

LowCode Agency uses no/low code tools to build custom-made apps at 80% lower cost and 70% faster than traditional app development agencies, growing double digits every month and targeting $150,000 in sales in their first year.

Read by 21,000 founders

2. Start a micro saas ($83.3K/month)

As a bioinformatics specialist, you could leverage your expertise to develop a micro SaaS business targeting specific pain points within the bioinformatics community. For instance, you could create specialized data analysis tools or cloud-based platforms to manage and visualize complex biological datasets, offering highly customized solutions that larger SaaS providers might overlook. This niche focus would enable you to gain an in-depth understanding of your client’s unique needs, fostering a closer and more effective relationship with your customer base.

By addressing unmet needs with precision and innovation, you could carve out a profitable segment in a growing industry while supplementing your income or even transitioning into a full-time entrepreneurial pursuit. Prioritizing customer feedback would be crucial in ensuring your product continuously evolves to meet the demands of your users, ensuring sustained relevance and business growth.

How much you can make: $117 — $1,766,666/month

How much does it cost to start: $500 (?)

How long does it take to build: 60 days (?)

How We Developed A $29K/Month WhatsApp Plugin For Shopify

SuperLemon, a WhatsApp plugin for Shopify eCommerce stores, crossed $29,000 in MRR as of July 2020, with 20,000 users from 50+ countries and 1700+ paying customers, all acquired through organic marketing strategies and a relentless focus on customer service and satisfaction.

Read by 23,580 founders

3. Start an email marketing tool ($992K/month)

As a bioinformatics specialist, you could leverage your technical expertise to create an innovative email marketing tool. Your deep understanding of data analytics and programming can help in developing features that offer advanced segmentation, personalized content, and predictive analytics, which are crucial for high-performing email campaigns.

The email marketing industry is booming, with the market expected to reach $2.53 billion by 2028. By creating an email tool, you can tap into this growing sector, offering a product that not only generates leads and increases sales for clients but also scales as a profitable side business for you.

With your analytical mindset and problem-solving skills, your email marketing tool could stand out by incorporating sophisticated algorithms for user behavior analysis and campaign optimization. This way, you provide immense value to entrepreneurs and startups looking for efficient and effective ways to reach their audience.

How much you can make: $120 — $20,833,333/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 180 days (?)

I Built A SEO Tool That's Completely Free For Users [From Lebanon]

H-supertools founder Hasan developed a set of free SEO and digital marketing tools generating $2k per month in profit using Google Adsense, affiliate marketing, selling ad spaces, and email, plans to launch a membership option, and has attained over 80k registered users and 300k monthly visits in less than two years.

Read by 14,134 founders

4. Start a consulting business ($147K/month)

As a bioinformatics specialist, starting a consulting business could open numerous opportunities for you to supplement your income or even create a full-fledged business. The global consulting industry, valued at approximately $250 billion, is experiencing significant growth, making this a lucrative time to offer your specialized expertise.

You could offer a range of services, such as data analysis, algorithm development, or software implementation, to various stakeholders in healthcare, pharmaceuticals, and research. By leveraging your deep understanding of bioinformatics and staying abreast of industry trends, you have the unique ability to provide actionable insights that could transform projects and research initiatives.

Understanding the entrepreneurial journeys of industry experts can provide invaluable guidance as you set up your consulting venture, helping you navigate challenges and seize opportunities effectively. With high demand for bioinformatics skills, your specialized knowledge puts you in an excellent position to thrive in this ever-expanding market.

How much you can make: $100 — $1,666,667/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

How I Started A $45K/Month Cybersecurity Consulting Firm For Startups

Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.

Read by 35,820 founders

5. Become a software developer ($51.7K/month)

As a bioinformatics specialist, you could supplement your income by leveraging your programming skills to start a software development business. Your expertise in data analysis, algorithm design, and specialized knowledge in biology and genetics can position you uniquely to create niche software solutions for healthcare and research institutions.

You could develop applications for genetic data analysis, personalized medicine, or bioinformatics tools that help streamline complex research processes. With the increasing demand for mobile apps and cloud-based solutions, your software could provide invaluable resources to scientists and healthcare professionals seeking to enhance their data accessibility and efficiency.

Additionally, the lucrative salary potential in software development—with top earners making up to $140K annually—makes it an attractive entrepreneurial venture. Combining your bioinformatics experience with the growing trends in software development opens up numerous opportunities to make extra income while contributing innovative solutions to the scientific community.

How much you can make: $500 — $350,000/month

How long does it take to build: 100 days (?)

How We Started A $350K/Month Business Developing Software Tools For Ecommerce Brands

SkyVerge, a software company, has grown rapidly with revenue of $350,000 per month, over 100,000 eCommerce customers, and a globally distributed team of 30 people, all through starting with consulting projects and building focused and solutions-based products, acquiring small products from other developers, and focusing largely on content marketing and providing excellent customer support.

Read by 39,423 founders

6. Start a social media automation business ($139K/month)

As a bioinformatics specialist, your expertise in handling complex data sets and developing algorithms could uniquely position you to thrive in the social media automation business. With a strong background in coding, data analysis, and pattern recognition, you could create advanced tools that efficiently schedule posts, automate interactions, and analyze engagement metrics across various social media platforms.

The demand for seamless and strategic social media engagement is increasing, offering a lucrative opportunity for specialists who can develop or integrate sophisticated automation solutions. By leveraging your technical skills, you could help small businesses, influencers, and other clients enhance their social media presence while saving them significant time. This blend of technology and marketing savvy could not only supplement your income but potentially grow into a successful side business or full-time venture.

How much you can make: $4,000 — $400,000/month

How long does it take to build: 50 days (?)

How I Bootstrapped A Social Media Automation Tool To $2MM/Year

MeetEdgar, a bootstrapped social media automation tool founded in 2014 by Laura Roeder, has grown to $4 million in annual recurring revenue and more than 5,000 customers, with a team size of two dozen, achieved through content marketing, social media marketing, and organic search.

Read by 15,243 founders

7. Start a business communications software ($1.48M/month)

As a bioinformatics specialist, leveraging your technical expertise to develop business communications software could be a rewarding entrepreneurial venture. You could create advanced tools that streamline communication within healthcare and biotech companies, enhancing collaboration on complex data sets and research projects. By bridging communication gaps within such specialized fields, your software could significantly amplify productivity and drive innovation.

Given the rising reliance on remote work and digital collaboration, there's a burgeoning market need for reliable communication solutions tailored to scientific and technical environments. Developing user-friendly, efficient, and secure communication software would not only address these needs but could also pioneer new standards in the industry. Ultimately, your venture could transform how bioinformatics professionals interact, share insights, and accelerate discoveries, opening up new possibilities for medical advancements.

How much you can make: $5,000 — $10,000,000/month

How long does it take to build: 180 days (?)

Raising $19,000 Building a Positive Card Game

PEAR Cards is a card-based tool/game that empowers players to open up and initiate positive conversations, and with the help of Ad Magic, their Kickstarter had an all-or-nothing fundraising goal, which they met with so much support the company is now growing through the power of Twitter and Instagram.

Read by 8,231 founders

8. Start a data analytics software business ($454K/month)

Launching a data analytics software business could be a perfect fit for you as a bioinformatics specialist. Your expertise in handling and interpreting complex biological data equips you with a unique skill set that is highly transferable to broader data analytics. By identifying a specific industry or niche, such as healthcare, agriculture, or biotechnology, you could develop tailored software solutions that address the particular needs of these sectors.

Creating custom reporting tools, dashboards, and other features that help clients visualize and interpret their data could position your business as a vital player in their decision-making processes. The key is to emphasize the simplicity, efficiency, and value of your software, ensuring that clients see the immediate benefits of integrating your solutions into their operations. By focusing on these entrepreneurial strategies, you could successfully generate additional revenue and potentially transition to running your business full-time.

How much you can make: $1,000 — $4,200,000/month

How long does it take to build: 150 days (?)

Diesel Laptops: From Selling on eBay to Making $20M/Year

Diesel Laptops, a B2B company that sells diesel diagnostic hardware, software, and services, successfully doubled revenue each year to make $20 million annually within three years, grew from its founder's garage and dining room table to a 21,000 square foot facility with over 90 employees by listening to customer pain points and offering the bundled products, technical support and repair information to attract and retain diesel technicians and repair shop owners.

Read by 18,836 founders

9. Start an online learning platform ($30.5K/month)

As a bioinformatics specialist, you could leverage your expertise to create a thriving online learning platform that caters to the growing demand for specialized education. Given that people are increasingly seeking to advance their skills and knowledge from the comfort of their homes, there is a lucrative market for bioinformatics courses. You could design comprehensive courses ranging from introductory topics to advanced techniques in bioinformatics, attracting a wide array of learners from students to professionals looking to upskill.

Building an online learning platform has never been easier. You could either hire an experienced web programmer to create a customized, interactive site or purchase a ready-made platform that can be easily tailored to your needs. Ensuring your platform supports seamless user signup, secure transactions, and intuitive course navigation will create a user-friendly experience that can drive revenue and establish your brand as a trusted source of bioinformatics education.

How much you can make: $1,200 — $120,000/month

How much does it cost to start: $1,750 (?)

How long does it take to build: 52 days (?)

We Built A $180K/Year Learn-To-Code Community

Online learning community Frontend Mentor has over 200,000 members, with over 1,500 paid subscribers generating over $15,000 MRR, offering professionally designed challenges to improve front-end coding skills with a freemium business model and a focus on real-life experience.

Read by 12,696 founders

10. Start a google display ads consulting business ($1.43M/month)

As a bioinformatics specialist, your analytical prowess positions you ideally for a Google Display Ads consulting business. You could leverage your skillset to help companies optimize their online advertising strategies, analyzing data to create, manage, and fine-tune ad campaigns for maximum return on investment.

This venture allows you to apply your data interpretation skills in a dynamic field, helping businesses transform clicks into customers through targeted ads. With the rapidly evolving nature of digital marketing, your ability to stay current with the latest trends and algorithms would make your services invaluable.

Moreover, the flexibility of this business means you could start by managing a few clients alongside your existing job and expand as you gain more experience and demand grows. This side business not only supplements your income but also diversifies your career portfolio, offering substantial rewards with limited upfront investment.

How much you can make: $20,000 — $8,000,000/month

How much does it cost to start: $850 (?)

How long does it take to build: 30 days (?)

How I Disrupted The Ad Industry And Grew My Business To $20M/Year

MonetizeMore founder and CEO shares his success story of growing his ad optimization business to over $20M in annual revenues by focusing on the offering that delivered the best results, using content marketing for lead generation, and establishing strategic partnerships with complimentary businesses.

Read by 21,882 founders

11. Start a data mining and analytics tools business ($237K/month)

As a bioinformatics specialist, you could leverage your expertise in data manipulation and analysis to start a data mining and analytics tools business. This venture would involve developing software that extracts, processes, and interprets large datasets to uncover meaningful patterns and insights, relevant for industries such as finance, healthcare, and retail.

Your background in programming, statistics, and machine learning would allow you to create sophisticated tools needed for powerful data analysis. With the demand for data-driven decision-making on the rise, you could provide businesses with the intelligence necessary to make strategic decisions, thereby pioneering their success and driving industry transformations.

Ultimately, starting a data mining and analytics tools business combines your technical skills with entrepreneurial opportunities, making it a potentially lucrative and impactful endeavor.

How much you can make: $450 — $1,500,000/month

How much does it cost to start: $750 (?)

How long does it take to build: 107 days (?)

How We Developed A $40K/Month Email Parser Application

Parseur, the data extraction tool, helps businesses automate their data entry process, catering to multiple industries such as food delivery, real estate and marketing, and has grown to over $40k in revenue per month since its launch in 2017.

Read by 10,491 founders

12. Start a customer intelligence analytics business ($107K/month)

As a bioinformatics specialist, your expertise in data analysis and interpretation could seamlessly transition into the realm of customer intelligence analytics. This business involves analyzing customer data to generate actionable insights that can enhance business decisions, a skill set akin to bioinformatics where complex biological data is decoded and applied practically. By leveraging your analytical prowess and communication skills, you could help businesses of all sizes make informed choices about marketing, sales strategies, and customer retention.

Furthermore, the growing demand for customer intelligence analytics creates a robust market for your services. Companies like Verint, a leader in actionable intelligence solutions, have demonstrated the significant revenue potential in this sector, showcasing how valuable customer insights can be. With your ability to translate intricate data into strategic business intelligence, you will be well-positioned to attract clients eager to understand and leverage their customer interactions for improved business outcomes.

How much you can make: $100 — $840,000/month

How long does it take to build: 180 days (?)

How We Developed A $30K/Month Open Source CRM

EspoCRM, an open-source CRM application for small and mid-size businesses, has seen an average of over 16,000 downloads per year and makes up to $30k per month, offering efficient tools to systematize customer data, improve sales cycles, and automate routine administrative tasks.

Read by 10,952 founders

13. Start a content marketing business ($91.3K/month)

As a bioinformatics specialist, leveraging your expertise to start a content marketing business could be a highly lucrative side venture or even a full-time business. With your deep understanding of scientific data and technological advancements, you could produce high-quality, relevant content tailored to the biotech, pharmaceutical, and healthcare industries. This niche focus would allow you to stand out in a crowded market and attract clients who value precision and in-depth knowledge.

Content marketing strategies have been shown to generate 67% more leads for businesses, illustrating the high demand for these services. You could utilize your skills in SEO and social media to reach a targeted audience effectively. By hiring additional content creators, you can scale your business to handle more clients, producing valuable content that converts leads and drives revenue.

How much you can make: $100 — $650,000/month

How much does it cost to start: $1,500 (?)

How long does it take to build: 90 days (?)

How I Started A $80K/Month Content Writing Business

How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.

Read by 24,814 founders

14. Start a student exchange program

As a bioinformatics specialist, you could leverage your expertise to start a student exchange program focused on bioinformatics and computational biology. By creating partnerships with universities and research institutions, you could facilitate exchanges that would provide students with invaluable hands-on experience and exposure to cutting-edge technologies, methodologies, and diverse research environments. This exchange program could not only supplement your income but also establish you as a thought leader in the field, fostering a global network of bioinformatics professionals.

Furthermore, such a program would offer you the opportunity to mentor aspiring bioinformaticians, which could lead to collaborative research projects and innovations. By supervising student projects and internships, you would stay at the forefront of emerging trends and technologies, continually enhancing your own knowledge and skills. Ultimately, this venture could transform into a full-fledged business that significantly contributes to advancing the field of bioinformatics while also providing a steady revenue stream.

15. Start a tea business ($201K/month)

Starting a tea business as a bioinformatics specialist could provide a unique and lucrative opportunity to diversify your income. Leveraging your analytical skills, you could delve into the world of tea farming or processing, using data to optimize tea cultivation conditions for the best yield and quality. Your understanding of complex datasets could also help identify trends in consumer preferences, allowing you to tailor your product offerings to meet market demands effectively.

Additionally, your scientific background allows you to explore and communicate the health benefits of various teas with authority, enhancing your marketing efforts. For instance, you could create a tea blog that not only markets your tea products but also educates consumers on the cognitive and health benefits of tea consumption, thereby establishing your credibility and attracting health-conscious customers.

Not to mention, your research skills could be invaluable in developing unique tea blends that stand out in the market, potentially leading to new revenue streams such as wholesaling or opening a specialty tea shop.

How much you can make: $9,000 — $707,997/month

How long does it take to build: 180 days (?)

How Andy Hayes Started A 7 Figure Tea Business Online

How Andy Hayes built a 7-figure online loose leaf tea business, with one of the largest tea subscription boxes and a curated selection of tea accessories, generating half of their revenue from a la carte tea sales and half from their popular tea of the month club community.

Read by 25,802 founders

16. Start an inter state bus shuttle service

As a bioinformatics specialist, you could leverage your analytical skills and data-driven mindset to optimize the operations of an inter state bus shuttle service. Utilizing predictive analytics, you could predict high-demand travel routes and peak times, ensuring efficient scheduling and maximizing passenger load. This data-savvy approach could set your shuttle service apart, making it more competitive and profitable.

Additionally, your experience with complex data systems could help you implement and manage an advanced online booking platform, offering real-time ticket availability and dynamic pricing models. This side business or full-fledged venture could supplement your income while applying your bioinformatics expertise in a unique, entrepreneurial way.

17. Start a cleaning products business ($279K/month)

As a bioinformatics specialist, starting a cleaning products business could allow you to leverage your research skills and scientific rigor to develop eco-friendly and effective cleaning solutions. By conducting thorough ingredient research and experimenting with formulas, you could create products that cater to a growing market of environmentally conscious consumers.

This venture would enable you to apply your knowledge of data analysis and biochemistry to ensure the efficacy and safety of your products, giving you a competitive edge in marketing non-toxic alternatives. Moreover, the discipline and attention to detail required in bioinformatics translate well into meeting regulatory compliance and creating standout products in a crowded market.

In essence, this business could not only supplement your income but also provide the satisfaction of contributing to sustainable consumer choices. By building a brand centered around eco-consciousness, you could make a meaningful impact while exploring a new entrepreneurial path.

How much you can make: $20,000 — $708,333/month

How long does it take to build: 320 days (?)

DetraPel: A Stain Preventor Product That Got On Shark Tank

DetraPel is a company that manufactures and distributes eco-friendly liquid repellent sprays designed to protect fabric and leather belongings, which has made over $512,000 in sales last year and has successfully partnered with Shark Tank.

Read by 11,416 founders

18. Start a crowdfunding platform ($249K/month)

As a bioinformatics specialist, starting a crowdfunding platform could open up numerous opportunities for you to supplement your income and potentially pivot to a full-time business. By leveraging your specialized knowledge in bioinformatics, you could create a niche crowdfunding platform tailored specifically for scientific projects and research initiatives that are often overlooked by traditional funding channels. This platform would not only provide critical financial resources for impactful projects but also build your reputation as a key facilitator in advancing scientific innovation.

In the rapidly expanding crowdfunding market, which is expected to grow significantly in the coming years, your expertise could set your platform apart from general crowdfunding sites. You could prioritize projects that align with the latest advancements in bioinformatics, genomics, and computational biology, attracting a targeted community of backers interested in these cutting-edge fields. Ultimately, this initiative could help you build a strong network of professionals and investors, making you a central figure in the bioinformatics community and creating a sustainable income stream.

How much you can make: $5,000 — $400,000/month

How long does it take to build: 272 days (?)

How I Started A $3M/Year Remote Worker Recruitment Agency

DistantJob is a unique recruitment agency that specializes in finding full-time remote employees, and with $3 million in annual revenue, they offer small to medium-sized tech companies an edge over big competitors who are not willing to hire remotely.

Read by 12,074 founders

19. Become a professional gamer

For bioinformatics specialists who are passionate about gaming, launching a professional gamer business could offer an exciting and profitable way to supplement your income or venture into a new field. Given the analytical skills and precision required in bioinformatics, you could leverage these strengths in competitive gaming, where strategic thinking and quick decision-making are essential. As esports continues to boom, with revenues projected to reach $1.5 billion by 2020, there's a significant opportunity to monetize your gaming skills.

In addition to your gaming prowess, setting up a professional gamer business would involve investing in quality gaming equipment and staying current with the latest strategies and updates in your preferred games. You could even expand your business by streaming your gameplay on Twitch or YouTube, building an audience, and monetizing through sponsorships and ads. This blend of technical skill, strategic gameplay, and public engagement could make your transition into esports both enjoyable and financially rewarding.

How much you can make: $85,000/month

How long does it take to build: 180 days (?)

Time commitment per week: Min. 2 hours/week

I Built The First Ad-Free Mobile Gaming System

Subscrible is a game catalog app offering ad-free gaming experiences to over 15,000 users, reducing user acquisition costs for game developers by 90% and attracting former Playrix and DevGamm employees to grow partnerships, all while addressing the challenge of declining user in-app purchases in 2024.

Read by 924 founders

20. Start a sports podcast

As a bioinformatics specialist, starting a sports podcast could be an excellent way to supplement your income or establish a side business by leveraging your analytical skills and passion for sports. Given your expertise in processing and interpreting complex data, you could bring a unique twist to your podcast by offering analytical perspectives on sports statistics and performance metrics. This niche approach could set your podcast apart and attract a dedicated audience interested in data-driven sports analysis.

Additionally, your background in bioinformatics can help you develop insightful content based on the latest sports science research, enhancing your credibility in the sports community. By consistently producing high-quality, engaging, and informative content, you could build a loyal following and monetize your podcast through sponsorships, partnerships, and listener donations. With the right marketing strategy, you could also build relationships with sports industry professionals, further elevating the reach and profitability of your podcast venture.

How much you can make: $30,000/month

How long does it take to build: 1 days (?)

I Started A $360K/Year Podcast About Sports Betting

Discover how Sean Green turned his sports gambling podcast into a multi-million media empire generating $30K/month in revenue and over a million downloads annually.

Read by 5,758 founders

21. Start a to do list business

As a bioinformatics specialist, you could leverage your analytical and organizational skills to start a to-do list business. This venture could involve creating customized to-do lists and task management solutions tailored specifically for busy individuals and research teams, helping them stay organized amidst their complex workflows.

By offering tailored task management services, you could address the common problem of managing multiple tasks efficiently, a challenge familiar to bioinformatics professionals. Utilizing your expertise with various digital tools and platforms, you could design personalized daily reminders or intricate project management plans, making significant improvements in productivity for your clients.

To capture the attention of potential clients, you could market your services online through social media and professional networks. Entering the to-do list business not only fills a universal need but also lets you apply your professional strengths to alleviate a common issue, ultimately making your clients' lives easier and more structured.

22. Start a scheduling and tracking software ($779K/month)

As a bioinformatics specialist, you could leverage your expertise in data management and analysis to create scheduling and tracking software tailored to researchers and labs. By developing a platform that helps streamline data processing timelines, experiment schedules, and collaboration efforts, you could significantly improve efficiency and reduce administrative burdens for scientists and researchers.

Imagine providing a tool that not only organizes hectic lab schedules but also tracks project milestones and deadlines, ensuring that critical research phases are not overlooked. This software could automate reminders for meetings, data submissions, and experimental checkpoints, making it an invaluable asset in maintaining the precision and accuracy of research timelines.

Targeting a niche market in the scientific community, your software could become indispensable for optimizing daily operations and enhancing productivity. Starting this business will involve merging your bioinformatics knowledge with software development skills, presenting a unique opportunity to make a significant impact while generating extra income or even launching a full-fledged enterprise.

How much you can make: $3,000 — $3,333,333/month

How long does it take to build: 100 days (?)

How We Grew Our Time Tracking App To 10,000 Paying Customers

Hubstaff grew its time tracking app to 10,000 paying customers and $6 million in annual recurring revenue by solving a real problem in the market without any big incumbents, using SEO tactics and a differentiated product with proof of work features that answered the need for owners and managers to know how long development tasks should take, manage back-office tasks, and track remote team or freelancers' work.

Read by 7,141 founders

23. Start an innovation and technology co. ($1.99M/month)

As a bioinformatics specialist, you could capitalize on your strong background in data analysis, computational biology, and technology by starting an Innovation and Technology Co. This venture would involve providing consulting services to businesses, helping them integrate cutting-edge technologies such as AI, blockchain, and IoT into their operations.

Your expertise in managing and interpreting complex biological data could be invaluable in crafting bespoke tech solutions that streamline workflows and enhance productivity for various industries. With the constant advancement in technology, there is a steady demand for innovative solutions that keep businesses competitive, making this a lucrative side business or even a full-time entrepreneurial pursuit.

If you have a passion for staying ahead of tech trends and enjoy solving complex problems, starting an Innovation and Technology Co. could offer a fulfilling and financially rewarding avenue that leverages your bioinformatics skills in new and impactful ways.

How much you can make: $1,000 — $13,500,000/month

How long does it take to build: 135 days (?)

How We Designed A $200K/Month Idea Management Software

UK-based Idea Drop is a software-as-a-service (SAAS) allowing businesses to identify, refine and execute innovative ideas through its platform, which is already being used by MT, Ericsson, and the Kent Police Force, offering a public challenge facility allowing clients to crowdsource ideas, with one Covea idea implemented via the platform estimated to save the company £2.5m over five years.

Read by 7,590 founders

24. Start a sampling tents business

As a bioinformatics specialist, you could leverage your data analytics skills to identify optimal locations and target demographics for a sampling tents business. Utilizing your expertise in statistical analysis, you could optimize product placement and customer engagement strategies, ensuring the most effective use of resources and maximizing your return on investment.

Furthermore, you could apply your project management and research abilities to streamline the logistical aspects of the business, from procuring high-quality tents to ensuring efficient setup and teardown processes. This venture could serve as a unique and lucrative side business, allowing you to diversify your income while leveraging your specialized skill set in a new and innovative way.

25. Start a restrooms finder app business

As a bioinformatics specialist, you could leverage your expertise in data analysis and management to develop a sophisticated restrooms finder app. This business idea capitalizes on your ability to handle complex datasets and create user-friendly, data-driven solutions. By applying your skill set, you could build an app that provides real-time updates on restroom availability and cleanliness, using crowdsourced data and potentially integrating with IoT devices.

Additionally, your understanding of algorithms and machine learning could enhance the app's predictive capabilities, offering users the best possible recommendations based on historical data and user preferences. This venture could serve as a lucrative side business, supplementing your income and allowing you to explore entrepreneurial avenues within a niche yet essential service sector. Overall, the restrooms finder app business aligns well with a bioinformatics specialist's skill set, presenting a practical and scalable opportunity.

26. Start a makeup subscription box

As a bioinformatics specialist, you could leverage your data analysis skills to create a highly personalized makeup subscription box. By using data on your customers' preferences, skin types, and makeup styles, you can curate tailored packages that provide a unique and customized experience each month. Your expertise in handling large datasets and extracting actionable insights could give you an edge in understanding market trends and consumer behaviors, thus helping you select the best makeup products to include in your subscription boxes.

Moreover, your ability to apply bioinformatics techniques to effectively manage and interpret customer feedback could lead to continuous improvement of your service offerings. This data-driven approach would not only enhance customer satisfaction but also increase retention rates, as subscribers receive products that genuinely meet their needs and preferences. Overall, combining your scientific background with a creative business venture could pave the way for a successful and innovative side hustle or full-time enterprise.

meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.