Exploring Emerging Business Ideas for 2020: Co-working Spaces, Posture Correctors, Online Fitness Instruction, Men's Cosmetics, Healthy Fast Food, Reusable Bags, Smart Apparel, Reward Travel Tickets
Join me as we dive into the top business ideas of 2020, from co-working spaces and posture correctors to healthy fast food and reusable bags, and explore how these trends can be leveraged for success.
- * The top business ideas for 2020 are based on recent trends and growing markets.
- * When starting a business, motivation should come from a personal interest in the market, not just because someone said it's a good idea.
- * Starting a co-working space can be a good business idea, as there is a demand for quiet and convenient places to work, especially in smaller cities.
- * Posture corrector products are in demand with 74,000 Google searches last month, as people are looking for ways to improve their posture and overall health.
- * The diet and fitness app market is growing, and there is an opportunity for fitness coaches to expand their offline clients to online instruction.
- * The men's cosmetics market, specifically shaving products, is a $1 billion market with a growing demand, especially with the popularity of beards.
- * Food trucks are a lower-risk business option in the food industry, with a failure rate that is 9 times lower than new restaurants.
- * Healthy fast food options are lacking, especially for people who travel or live in areas without many restaurant options.
- * Reusable bags are in demand as people become more mindful about the environment and reduce their use of plastic.
- * Smart apparel, such as clothing with built-in technology, is projected to be a $4 billion market by 2024.
- * The travel market has room for improvement, specifically in the area of selling reward tickets using accumulated miles.
- * Starting a YouTube channel can be a good way to share business ideas and build an audience.
- * When considering a business idea, it's important to have a personal interest and motivation, as well as a willingness to overcome challenges and find solutions.
Source: Silicon Valley Girl via YouTube
❓ What do you think? What are your thoughts on the ideas shared in this video? Feel free to share your thoughts in the comments!