Connect with us

Success Advice

10 New Business Opportunities You Need To Be A Part Of Before It’s Too Late

Published

on

Image Credit: Unsplash

Entrepreneurs know that change is the only constant in life. If they want to stay relevant and profitable, they should always keep their eyes peeled for the hottest business opportunities in the market.

Ongoing trends in the world influence consumer demand, so being aware of them will help you stay afloat and take advantage of the most promising niches to look out for. Today we feature 10 New Business Opportunities Every Entrepreneur Needs To Be A Part Of Before It’s Too Late.

 

10 Hot Business Opportunities For Every Entrepreneur

 

#1: Biomass Energy

It’s no secret that protecting the environment has increasingly become important over the last two decades. That’s why more and more companies have become motivated to “go green” through alternative energy sources like biomass.

The idea is to convert biological material such as organic waste streams, garbage, and discarded plant materials into something useful like renewable energy sources. They can even be repurposed for manufacturing industrial chemicals and biofuel.

Companies like Integrated BioChem make animal feed out of scraps coming from fruit and vegetable processing plants, while Rwandan social benefit company Inyenyeri creates biomass-based fuel pellets as a clean-burning energy source that prevents the need to harm the environment.

 

#2: Crowd sourcing Mobile Apps

Gone are the days when you had to hire a team of full-time employees and have them physically present in the same office to work on a project. With the trend known as crowdsourcing, people from all over can be invited online to work as independent contractors and complete a series of jobs with their shared expertise.

Companies like Gigwalk and Roamler have developed mobile apps as a portal for millions of smartphone owners to make money on the side by completing small research tasks like product surveys, collecting pricing information or taking pictures of real estate properties.

 

#3: Coffee Companions

Java lovers aren’t left out in the cold when it comes to hot business opportunities. Coffee Joulies is one such product targeted at the caffeine crowd. They’re coffee bean-shaped stainless steel shells whose natural properties keep your beverage at just the right temperature for a longer period of time while preventing you from burning your tongue as well.

MummyMug is another innovation that spill-proofs your drink to make it easy to enjoy coffee even with small children around. Using a patented self-closing lid mechanism, you’re free to sip away on your drink without the risk of the contents accidentally scalding curious toddlers nearby.

 

#4: Coffee Franchises

If you want to take things to the next level, why not franchise a coffee business altogether? It’s become increasingly common for cities and towns to have a high density of coffee shops, and this means that the public demand for their caffeine fix isn’t slowing down anytime soon.

There are plenty of companies out there who specialize in helping interested entrepreneurs take advantage of the many business opportunities found in coffee – do some online searching to find one best suited for you.

 

 #5: Music Mobile Apps

People love smartphones because they can take calls and carry their favorite tunes on the go. This is why music-based mobile apps are all the rage nowadays as it taps into this need, making it one of the most promising business opportunities out there.

Imeem for instance, is an Android-based streaming music app that allows users to create a highly personalized mix of tracks which you can even download to your phone. iPhone owners thirsty for the newest indie music love OurStage, a smart mobile app that allows them to rate the latest music which is then used to make future recommendations for its users.

 

#6: Cloud Storage Mobile Apps

Anyone who uses a computer for work knows how crucial it is to back up their important files since losing them could spell disaster. This is why online storage providers like Dropbox and Sugarsync are a hit because of the peace of mind they offer. Now that they’ve gone mobile, their apps are a favorite for many smartphone users as it allows them to conveniently access their mission-critical documents and files from their handheld devices.

 

#7: Gaming Mobile Apps

The enormous success of like Angry Birds has proven that more and more people are depending on their smartphones to satisfy their gaming needs. Just one commute during the rush hour is evidence of the number of people with their heads buried in their phones, playing games to pass the time.

Thus, the market’s huge potential for exponential growth in the coming years makes gaming apps one of the most promising business opportunities.

 

#8: Looking Your Best

Recent studies have shown that products and services related to personal grooming and fitness have increased even in the face of recession. Surprisingly, it’s becoming more and more evident that people still want to be slimmer and better-looking in spite of the current economic woes we read about in the news.

As such, it’s a very good idea to look into barber shops, beauty salons, exercise programs and anything else that will help consumers look and feel young.

 

#9: Pet Care

Based on current market trends, people are not only interested in taking care of themselves – they also want to give their pets a little TLC as well.

Shopping malls have become home to a growing number of pet grooming salons and owners are constantly in need of pet need providers such as nutritionists and even kennel builders. Personalities like Cesar Milan have become popular among owners who need a trainer to keep their pets on their best behavior. Thus, books and training courses on the subject matter have also turned into one of the fastest-selling products in the world!

 

#10: Online Sharing Platforms

When people have unused assets lying around, the best way to make money from them is by renting it out to other people. There has been a wide increase of online services which allows users to loan their cars, bicycles, and even living spaces such as houses or vacation homes. It’s obvious then that providing people with an online portal to do this is one of the hottest business opportunities to look into!

 

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances. I'm proud to say through my podcast and through this website we have impacted over 200 million lives in the last 10 years.

Advertisement
12 Comments

12 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Success Advice

4 Key Areas for a Successful Marketing Strategy in 2023

By creating a cohesive experience across all channels, businesses can build customer trust and loyalty

Published

on

Image Credit: Unsplash

As we head into 2023, the marketing landscape is constantly evolving. To stay ahead of the game, it’s essential to understand the key trends and strategies that will shape the industry in the coming year.  (more…)

Continue Reading

Success Advice

7 Tips to Becoming a Successful Networker

Making yourself more memorable means you’ll have a better chance of making connections

Published

on

Image Credit: Unsplash

Corporate events have long been regarded as an important tool for broadening professional networks and expanding business. Yet it’s tough to stand out from the crowd when it comes to networking at these events. You’re not the only one at the event, which means you’re competing for attention with other attendees who are also trying to make a splash. (more…)

Continue Reading

Success Advice

The 2-Minute Rule: The Secret to Habit Success

By starting with a small, manageable task, it becomes much easier to build consistency

Published

on

Image Credit: Unsplash

It’s a given fact that we all want to build habits, goals that we want to achieve, and things that we want to change in our lives. However, on the other side of the coin, it can be hard to sustain motivation and consistency.  (more…)

Continue Reading

Success Advice

20 Ways You Can Become a Powerful Communicator

Published

on

Emile Steenveld Speaker and Coach

Some people seem to naturally know how to effectively communicate in a group setting. They can express themselves clearly and listen attentively without dominating the conversation.

Being a powerful communicator is important for several reasons, including building and maintaining relationships, achieving goals, resolving conflicts, improving productivity, leading and influencing others, advancing in your career, expressing yourself more confidently and authentically, and improving your mental and emotional well-being. Effective communication is an essential life skill that can benefit you in all aspects of your life.

But, don’t worry if you don’t naturally possess this skill, as effective communication is something that can be developed with practice, planning and preparation.
 

1.  Listen actively: Practice active listening by giving your full attention to the speaker and responding to what they are saying.

 

2. Use “I” statements: Speak from your own perspective and avoid placing blame or making accusations.

 

3. Avoid assumptions: Don’t make assumptions about what the other person is thinking or feeling.

 

4. Be clear: Express your thoughts and feelings clearly and concisely by getting to the point and avoid using jargon or overly complex language.

 

5. Show empathy: Show that you understand and care about the other person’s feelings.

 

6. Offer valuable insights: When speaking in a group, provide a valuable takeaway or actionable item that people can walk away with.

 

7. Be an active listener: Listen attentively and respond accordingly, incorporating your points into the conversation.

 

8. Choose the right time: Pick the most opportune time to speak to ensure that you have the group’s attention and can deliver your message without interruption.

 

9. Be the unifying voice: Step in and unify the group’s thoughts to calm down the discussion and insert your point effectively.

 

10. Keep responses concise: Keep responses short and to the point to show respect for others’ time.

 

11. Avoid unnecessary comments: Avoid commenting on everything and only speak when you have something important to say.

 

12. Cut the fluff: Avoid being long-winded and get straight to the point.

 

13. Prepare ahead of time: Sort out your points and practice them before speaking in a group.

 

14. Smile and be positive: Smile and nod along as others speak, to build a positive relationship and be respected when it’s your turn to speak.

 

15. Take responsibility: Take responsibility for your own actions and feelings.

 

16. Ask questions: Ask questions to clarify any confusion or misunderstandings.

 

17. Avoid interrupting: Allow the other person to finish speaking without interruption.

 

18. Practice active listening: Repeat what the other person said to ensure you have understood correctly.

 

19. Use your body language too: Use nonverbal cues such as eye contact, facial expressions, and body language to convey your message and build rapport.

 

20. Be aware of the tone of your voice: it should be calm and assertive, not aggressive or passive.

 

By keeping these tips in mind, you can improve your communication skills and become a more powerful communicator, which can help you build better relationships, achieve your goals, and lead a more fulfilling life.

I you want to learn how to become more confident in life then you can join my weekly mentorship calls and 40+ online workshops at AweBliss.com so you can master your life with more success.

 
Continue Reading

Trending