5 Profitable Companies To Watch In 2013

When you think of “profitable companies,” the big boys like Google might come to mind, but try thinking on a smaller scale. The silver lining of the tough economy was that it encouraged people to go for it and start the company they’d always dreamed about.

Investors are in a prime position to become a part of an up-and-coming company, but how do you choose a safe bet? Investing is always a risk, but you can stack the odds a little in your favor with research.

Start by knowing what some of the most profitable companies are (so far) in 2013. Slow and steady growth is the sign of a business that doesn’t just fulfill a need, but also has a strong business foundation. Getting in on the ground floor can offer a great ROI and a lifelong relationship.

Here are five companies that have really delivered this year.

1. Millennium Dance Complex

At first blush, you wouldn’t think a dance studio would be all that profitable: that hasn’t happened since Arthur Murray. However, Millennium Dance has proven for years that the best dancers, performers, and choreographers prefer this studio to showcase their talents.

In 2012, a subsidiary company was formed. They’re working on reinventing dance studios to catch up with the times. If you want to support the arts, this is the investment option for you.

2. Twitter

The social media giant has been around since 2006, but it’s still not up for public investing. Will it follow the lead of Facebook and go public soon, or is the company taking time to learn from Facebook’s mistakes?

Consider this your “one to watch” and choose carefully when and if it does go public. It might just score a better result than Facebook.

3. Getaround

Zipcar is perhaps the greatest success story so far involving a car-sharing service. The company just sold to Avis for millions.

Getaround is picking up steam, however, and it has a twist. If you own a car, you can “rent it out” by the hour or rent someone else’s car. The same kind of protection applies, so you don’t have to worry about accidents, dings, and scratches. Now that’s truly car sharing, especially since you can opt to get paid instead of doing the paying … perfect for those with a spare car or who work from home.

4. FamilyLeaf

Social media isn’t going anywhere, but some critics are saying it’s about time for some big changes. The complaints are mounting that Facebook is getting too business oriented and ad-driven. All signs point toward something more intimate on the horizon.

FamilyLeaf is just for families; it offers all the same functions as other social media sites, but including a family tree feature. It gets rid of any family outsiders and puts the focus back on the family unit.

5. FlightCar

The innovativeness of car sharing is spreading, such as the ingenious creation of FlightCar. You fly into town and you need a car — and all those other people just leave their car parked for days or weeks at a high cost. When you can agree to “rent” a car from a fellow traveler, it’s a win-win.

You don’t have to deal with the hassle of corporate rental agencies and get a better deal. The car owner actually gets paid for not using his car.

If investing in a company doesn’t quite do it for you, you can always take a cue from self-made millionaire Tim Sykes and get into penny investing. If that’s Greek to you, don’t worry — he’ll even show you how to do it.

It’s no scam, because the more money you make, the more money he makes. Plus, investments are relatively low to suit your budget.

11 thoughts on “5 Profitable Companies To Watch In 2013”

  1. John Gibb says:

    hey guys

    That’s a great post, for investors… just recently I’ve heard about a book “Laughing at the Wall Street”… cannot wait to put my hands on it soon

    Did you hear about it yet?

    Also, I look forward to a similar post… something on, niches to watch in 2014.

    What do you think? 🙂

  2. I. C. Daniel says:

    To be honest, the only one I know is Twitter, all others, first time I hear about them.

  3. Tom says:

    I hope that I will be one day on list like this one.

  4. Nino says:

    Great post. Thanks for valuable informations.

  5. Cameron Law says:

    Really confusing. Without Twitter, all other are new for me.

  6. Loren Nason says:

    #1 Seems interesting
    #2 😀
    #3 Seems cool
    #4 meh
    #5 I think this is a sub market of getaround and the models will merge

  7. Edson Hale says:

    The most interesting thing about all these top 5 companies is that neither of them relates to any regular business like manufacturing or agri products. They all offer innovative services it means future is of those who create instead of simply producing a service.

  8. faisal says:

    Flight car seems risky to me.

  9. Danielle says:

    I’ve only heard of one of these (Twitter), but that does not mean that the others won’t be huge within the coming months or years. I remember when there was some talk about this new “cool little social network” called Pinterest and then in early 2012 it was huge and everyone was talking about it. Time Magazine even listed it in it’s 50 best websites of 2011. That goes to show that a little buzz can create a big bang!

  10. Arbaz Khan says:

    I hope that one day I might too be on this list of profitable companies.

  11. Jawbone Up says:

    The only company I’ve heard of is Twitter. The rest aren’t worth checking.
    What’s the point of telling us these companies when we can’t benefit from them.

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