The entrepreneurial spirit is often driven by good ideas. That is why it is often said that entrepreneurs thrive on ideas. Where others will look and see nothing worthwhile an entrepreneur will only take a glance and come up with a load of ideas!
But do you know that all around us, up-and-coming industries are sprouting and that most are already ripe for the taking?
In this article, I want to take a look at some of the new industries raising their heads, and that are expected to make a big impact. Take a deep look at the list. If you feel you have something to offer to one of the industries on this list, then you should give it a shot right away. You could build a website service focusing on any of these areas and who knows, it could become a goldmine!
Alright, here we go…
Emerging Industries #1: Web security
Web security has always been a relevant issue for businesses, as they have to protect sensitive data from prying eyes. However, in recent years there has been a lot of concern from the general public about government snooping and the power that corporations and marketing firms have on us. So, all of a sudden, everyone’s interested. If you think you know enough about the subject, or are just interested in peeling back the many layers of the industry, then why not start a blog? If it gains any popularity, there is plenty to talk about and plenty of products that you could sell from your site.
Emerging Industries #2: Translation
If you have a second or third language – or even more than that – then translation could be your key to success. The world is becoming a much smaller place thanks to the Internet, but there are still plenty of barriers – and language is one of the most obvious. With businesses trading more and more across the globe, there is a big market for translators. Think about the need for online website copy or translating intermediaries in business meetings. Think you have what it takes? Then why not get started today.
Emerging Industries #3: Marijuana
The legalization of marijuana in various states may well create a domino effect for others, and there are many people taking advantage of the new rules. ‘Cannabusiness’ is a very real thing now, and the market is only expected to grow know. There are even cannabis web design agencies, dedicated to giving their knowledge of the market to up-and-coming businesses looking for a break. It isn’t without its risks – your trade will generally be restricted to a few areas – but in the long-term, the established companies can expect to grow beyond their dreams.
Emerging Industries #4: Mindfulness
Successful businesses all around the world are embracing mindfulness, a meditation technique. The practice has been shown to help employees work better and with more focus, and there is also evidence that it can reduce office sick-time. You could start a blog on the subject and sell many of the burgeoning industry’s products, or even think about setting yourself up as a mindfulness coach. There will be plenty of opportunity for clients if you want to go down that route.
Emerging Industries #5: Biotechnology
The biotech industry is expected to be huge in the coming years. While researching and developing highly technical products in a lab might be out of your reach, there is nothing to stop you writing about it. As the industry grows, you can keep up to date with news, and by the time it explodes, you could well be an expert. It’s a definite long game – but that’s the case with all emerging industries.
These are just a few examples of potentially lucrative emerging industries. Getting in now is sure to help you position yourself for a greater tomorrow. If you will commit yourself to learning a little more about any of these industries you could get started right away and only time will tell what the result will be. I hope this information will be of good use to you. There be an action taker!