ESTJs excel in leadership jobs and are known as dependable, well-organized business owners who appreciate logic-driven rules and processes. The ESTJ personality type, often known as The Executive, contains natural-born leaders with the necessary abilities and work ethic to succeed.
Table of Contents
As indicated in this list of 10 business ideas, ESTJ personalities may thrive in a variety of industries.
1. INSURANCE COMPANY
ESTJ entrepreneurs who want to serve others and work in the insurance field can consider opening an insurance firm. You must first determine whether you want to form a captive agency or an independent agency, since each has advantages and disadvantages. To establish this sort of company, you’ll need to secure the relevant licences and spend between $10,000 and $50,000. Regardless of the agency option you pick (captive or autonomous), you might make about $80,000 per year.
2. BROKERAGE IN LIFE INSURANCE
ESTJ entrepreneurs who wish to concentrate in one sector of the insurance market can consider creating a life insurance agency. Successful company owners in this industry have good organisational abilities, an eye for detail, a strong work ethic, and a desire to serve others. You may establish a brokerage for as little as $5,000 and expect to earn six-figure yearly profits within a few years.
3. REAL ESTATE APPRAISAL COMPANY
Real estate assessment firms might be a great fit for detail-oriented ESTJs who like working with figures and want a flexible schedule. In addition to completing the appropriate coursework and training hours, you will need a professional licence for this area of employment. You may start your firm for less than $1,000 after you have obtained your real estate appraisal licence. You may make between $30,000 and $200,000 per year as an appraiser, depending on your company plan and profitability.
4. BROKERAGE IN REAL ESTATE
Entrepreneurs with an ESTJ personality type who have a history in real estate may choose to establish a real estate brokerage. A real estate broker licence, as well as outstanding organisational and interpersonal skills, are required. Startup expenditures are typically under $10,000, and you may expect to make a six-figure income if you have a constant supply of customers.
5. STOCK BROKERAGE COMPANY
ESTJs that are interested in money and the stock market may want to create their own stock brokerage company. You must be a Registered Investment Advisor (RIA) and be prepared to work long hours while using your leadership abilities. While starting your own business may cost roughly $300,000, you may expect to achieve profit margins ranging from 5% to 40%.
6. CONSTRUCTION CONTRACTOR COMPANY
Entrepreneurs with an ESTJ personality who understands the construction sector, has an aptitude for mathematics, and is a natural leader could consider launching a building contractor firm. You’ll need at least $10,000 to $15,000 to get started, and you’ll be able to generate a six- or seven-figure salary after you’ve established yourself in the field.
7. HOME INSPECTION COMPANY
ESTJs who want to establish a house inspection firm should like teaching people about home safety and rules, have some experience in this sector, and have comprehensive technical understanding of home systems and insulation. Your initial expenditures might vary between $10,000 and $30,000, while the typical annual income for an inspector is $45,000.
8.BERRY PICKING FARM
ESTJs interested in farming may choose to create a berry picking farm, particularly if they have agricultural expertise and enough appropriate acreage to start their own farm. You may sell your berries to merchants and consumers directly, enable customers to pick their own, or mix the two methods. Depending on how much equipment you need to acquire, typical beginning expenditures surpass $100,000, and you have the potential to produce seven-figure earnings each year.
9.CHRISTMAS TREE FARM 9
Christmas tree farms may be a lucrative business opportunity for hardworking ESTJs who don’t mind working long hours, particularly during the holiday season. Startup expenses vary greatly, but if you don’t already have sufficient property on which to plant your trees, they tend to be reasonable. While some farms earn up to $10,000 per acre of farmland worked, many Christmas tree farm owners earn between $15,000 and $20,000 each year.
10. FISH FARM
ESTJ entrepreneurs with a rudimentary grasp of fish biology and a farming experience may want to create a fish farm. Startup expenses in this area of business vary widely and are mainly influenced by whether you want to establish an aquarium-based farm or a commercial fish farm. In any case, you’ll need at least $5,000 to get started in this industry. You might make between $35,000 and $150,000 per year depending on the profitability of your company and the sort of fish you raise.
Get a Web Domain for Your ESTJ Company
Securing a web domain and developing a high-quality website are critical to the overall success of an ESTJ company.