In today’s world, many entrepreneurs are coming up with new and creative ideas for their businesses so that they can beat the competition in the market. But as a student how can you come up with fake business ideas that you can use for your college project?
The concept of these fake business ideas is that they can’t start in the real world but you as a college student will have to explain them from a real business perspective.
But don’t worry, we have prepared a list of 10 fake business ideas with explanations about the elements that every business must have such as target market, business model, profitability, and value in the market.
Remember these business ideas are unreal and can’t be started in real life, maybe not yet. These ideas are meant for college projects. You can choose real business ideas for your college project but then you can easily find the explanation about them online.
If we talk about fake business ideas then it depends upon our understanding of how we explain them from a real business perspective. That is why fake business ideas are the best for any college project.
Now let’s talk about these ideas.
Table of Contents
10 Best Fake Business Ideas for Your College Project
1. Time-Traveling Tour Guide Services
The first fake business idea that you can choose for your college project can be offering tour guide services to people who wish to time travel. We all know time travel is not possible yet but that is a challenging task for a college student to explain it like it is a real idea.
In my opinion, you can offer customers services about different eras, cultures, and events. They can travel through time and you can guide them through the journey. It may be the history of those eras, specialty, and how the generation is. You can offer a variety of different options for customers such as visiting ancient Europe, the Wild West, Rome, and Egypt.
You can guide them about the places they should visit in these ancient places and you will tell them the stories that are currently happening in those historical events and so on.
2. Invisible Cloak Rental Business
This fake business idea is quite interesting because if there was a cloak that made people invisible then customers may use that to move around without getting any attention and undetected. It can be used for personal security or entertainment.
For example, if you are a president and want to go on the street to check how the people are living, what are their needs, and so on without telling anyone then he or she can have a clear picture of the real situation. Also, many other customers can use it for fun to prank their friends and family.
The profit in this business will be very high because the demand for this kind of fake business will be extensively large. After all, it offers many benefits that no other product can offer.
3. Alien Language Translation Services
In this business, you can offer translation services for alien languages. For this, you should know both alien and domestic languages. Many people who want to talk to the aliens don’t know the language so they hire these translation services.
Also, when a minister of an alien country wants to meet the minister of your country then you can hire these translation services. So, the profit potential is quite large. But on a small scale, this is a seasonal business. If there were aliens it is obvious that alien language schools also exist. This is where you can get academic knowledge.
The main concept of this fake business idea is to provide a solution to the communication that may arise if there were aliens.
4. Mind-Reading Consulting Services
We have seen many movies where mind reading is a great thing. So this business idea revolves around the same concept. In this fake business, you provide customers with the ability to read the thoughts of the people. This helps people in many ways so that they can know which person is genuine and which is not.
You can start this business with modern technologies and use an expert who can teach you how to read minds. Those who want to read the minds of other people will also hire these services and pay for them.
If you start this business, the profit will be quite amazing. These services can be also used to know people who are harming society. We can use these services to protect the human race from bad people without getting involved in any inspection because we will be able to use these services to read their minds.
5. Ghost Hunting Equipment Rental Services
We all have heard about ghosts but there is no scientific evidence of such events. If ghosts were real then there should be some equipment available from which we can hunt them.
This type of fake business idea would be quite profitable if you buy this expensive equipment and give it on rent to the people and earn a decent amount of income.
You can equip equipment such as electromagnetic field det, sectors, infrared cameras, and devices that will be used for ghost hunting. Then people will use these products and as a business owner, you will earn a decent profit.
6. Superpower Development Training Center
Who does not want to have a superpower so that strength, speed, and agility will increase? This business revolves around the concept that you offer customers the opportunity to train in superhuman abilities. For this, you can use advanced guidance from experts and the latest technology to train them.
But as we all know these types of things are not real, and that’s why we have included them in the list of fake business ideas.
It is suitable for college projects because you are explaining an event that is not possible from a real business perspective. It will indicate to your professors that if you go into a real business you will perform well because you are taking anything and describing it like a real business.
7. Virtual Reality Escape Room Business
This fake business idea for your college project will be the best because it involves creating a virtual reality and environment that will stimulate a real-life experience of escape rooms.
Maybe there are different puzzles that you can solve virtually without getting involved in real difficult tasks. You can create different rooms for the haunting purpose to test the skills of the customers.
Many people want to test their skills or want to live a life they saw in movies but in real life, it harms them. But if there was a business that offered the service of virtual reality escape rooms then they would buy those services to experience those events.
8. Unlock Removal Services
What if there was a business or a service that will remove bad luck from your life then you can grow and prosper easily and maybe without working that hard as we know life is full of surprises, and you may face many challenges in life, do many tasks and then achieve your goal.
But if your bad luck is removed from your life, you will live a life with full energy.
9. Hyperspace Travel Agency
This business provides customers the ability to travel to other worlds, maybe to multiple parallel universes and galaxies so that they can explore new worlds, discover new civilizations, and experience different cultures.
For this purpose, you may use high-end technology or maybe you can make a rocket or a device that allows people to travel in multiple universes.
You can offer a variety of services, maybe with travel packages, guided tours, how the culture is in the parallel universe you are living with, and so on.
10. Quantum physics-based stock prediction services
In this business, you can apply the principles of quantum physics to predict the stock market so that you can invest in those stocks in which you get profit. You can use different particles of electrons and protons to make predictions about the stock market.
Although we know that this is considered science fiction and has no reality. As our topic is a fake business idea that you can use for college projects so it can be considered a good business idea and customers who have a new innovative way to predict the stock market so that their investment gets the maximum returns.
These were the fake business ideas that students can use in college project. Please remember these ideas are not possible in the real world but as a professor, they will see how you can take anything whether it is real or not, and explain it from a business perspective. You can also consider real ideas like drop shipping, and blogging, and explain in your own words how the business ideas will work and how they are profitable.