One of the best ways that you can start seeking out new business opportunities is by envisioning where the future is heading. Now, you don’t need to be a crackpot futurologist to figure out the latest trends, but you should, at the very least, be keeping a close eye on what new businesses and technologies are beginning to emerge.
Just ask yourself from time to time what’s capturing the public consciousness? What is it that people are wondering about more and more, and how can I turn their interest into my financial advantage? By following this line of questioning, it’s very possible that you’ll be able to devise a new strategy for monetizing an emerging trend and create a lucrative and long-lasting business for yourself.
But, if you’re feeling a bit at a loss for what trends are emerging, and how you might be able to turn a profit, then we’re here to help. We’ve taken the time to identify some new businesses, industries and technologies that are growing day-by-day. By getting in at or near the ground floor of one of these emerging trends, you could very well be setting yourself up with something that can help you to achieve your own financial independence and wellbeing. So, take out a pen, put your thinking cap on, and get ready to dive headfirst into this list emerging trends.
Health Products: The popularity of Dr. Oz and other similar programs is due to increased public interest in health products, supplements and specialty foods. While the science is still out on many of these products, the fact remains that millions of consumers believe that these products have an appreciable effect on their health and wellbeing. While as an entrepreneur you may feel a bit like a snake oil salesman marketing these kinds of products, we’re willing to bet that the profits you take in might make you feel otherwise. That being said, if you are considering pursuing an opportunity in this sector, then be sure to keep abreast of any regulatory changes that concern it. You wouldn’t want to end up testifying before Congress, as Dr. Oz recently did.
Mobile Business Applications: We talk about it a lot, but the mobile app industry is an incredibly lucrative one, and a great business opportunity if you can get your foot in the door. As more consumers possess and use mobile technology, the need for businesses of all shapes and sizes to have a presence on this mobile technology grows. As an entrepreneur, you can find ways to assist those businesses with developing applications that can help them appeal to their technologically savvy user base. Even if you don’t have programming experience, there are various reseller programs that can help you get into the mobile app game without knowing even a lick of code. Either way, it’s a good avenue to pursue.
Green Anything: Whether or not you believe in climate change really doesn’t mean anything. The fact is that the majority of people do, and the narrative surrounding recent natural catastrophes only reinforces this. While some entrepreneurs bemoan the costs of going green, other entrepreneurs, more rightly, view green products as an exciting opportunity. While many things have already “gone green,” one burgeoning green sector, which has been incentivized by tax breaks, is construction. If you already have experience working in the construction sector, then why not seize the business opportunity to offer green construction practices to clients? You’ll be able to charge a premium for your services, and you might even be able to help the environment along the way – if that’s the sort of thing you care about.
3D Printing: Each day brings a new story of how 3D printing is going to revolutionize the way we live. You may not believe it, but the more time goes on, the more based in fact those claims seem to be. There are many different ways that you can get involved with this exciting industry, not the least of which is being a 3D printer reseller. With so many manufacturers in the marketplace, many of them are trying to use reseller programs to gain an advantage over each other. Their battle with each other could be your business opportunity, especially if you have the sales acumen to make such a program work for you.
There are, of course, many other trends emerging that can provide fertile soil in which to plant the seeds of your next business opportunity. So keep your eyes peeled and your ears open. Try to resist the urge to think of any emerging trend as just something people will tire of next month. Many people have done that before you, and most of those people have come to regret their decision. As an entrepreneur, you need to think broadly, so always approach any kind of business opportunity with an open mind turned toward the future.