Imagine you know what you know right now and could time-travel to 1999 to invest in a small company called Google. Would you do it? D-uh! It’s a no-brainer. But since time travel hasn’t been invented yet, the best we can do is offer you a list of business ideas that could be the next Google in 18 years. If you know smart entrepreneurs or businesspeople in these sectors, you could be wealthy while they do all the work for you!
Cybersecurity Solutions
With the dawn of digitalization, organizations, and institutions are outsourcing their daily work to digital platforms for increased efficiency and productivity. However, this comes with the risk of many digital threats that could cause significant harm to the workplace. Starting a cybersecurity solutions business that tackles all the problems that arise from digital threats can be an excellent opportunity to provide services to organizations on a large scale, ensuring higher security and minimizing cyber risks.
Renewable Energy
Individuals worldwide are becoming more eco-friendly and looking for sustainable ways to go through their daily lives and have a lesser environmental impact. Starting a business that deals in renewable energy or provides innovative solutions to individuals can become a successful venture in the long run, with more people looking for renewable energy practices. Renewable energy business ideas can include the installation of solar panels, provisions of energy storage systems and smart grids, and much more.
Digital or e-Educational Content
The pandemic has increased the use of virtual or remote learning worldwide. Nowadays, many people seek ways to learn or educate themselves without being physically present in a classroom. With the growing demand for e-learning and digital education content, a business that provides education to individuals regardless of geographic location can become a lucrative business idea. Catering to the demand for e-learning and creating content that allows individuals to learn any skill or gain knowledge on specific topics can lead to a successful business venture.
Health Technology
Healthcare has taken a turn for the better in recent years thanks to the development of various kinds of healthcare technology that enables more accessible and more efficient care in terms of wearable healthcare devices. Creating a business that deals with the development of healthcare technology like devices, apps, or telemedicine platforms may bring considerable success owing to the increase in healthcare costs. With the help of developers and healthcare professionals, you can start a business that provides reliable healthcare technology, enhancing remote services and diagnostics.
Plant-Based Food
In recent years, huge profits have been made for plant-based food companies and businesses as individuals have turned to plant-based foods for a healthier and more sustainable lifestyle. Starting a business that provides affordable plant-based food and makes it more accessible to individuals can become a global business venture, bringing in massive success in the years to come. Plant-based food companies and businesses are slowly growing in number. However, the variety of options for food items still needs to be improved. This presents an excellent opportunity for entrepreneurs looking into the food industry.
Travel Apps
Many travel apps help individuals plan out trips and get to their travel destinations. However, traveling to a new location can be scary for some travelers, especially if there are language barriers. Starting a travel app that addresses travelers’ problems can be lucrative. The app can include guides on navigating airports, finding affordable transport options, or other problems like these. Statista said the total number of inbound international tourists worldwide was 1.3 billion in 2023. That should give you an idea of the potential in this sector.
Zero-Waste Products
As environmental consciousness grows, the need for sustainable products with less waste has also grown. Beginning a zero-waste business that produces a range of products, from packaging to reusable bags and generally more sustainable products, may bring huge success in the future. Customers want sustainable practices and products that focus on sustainability. A business that focuses on products that cater to these needs is sure to grow and become successful.
Personalized Nutritional Services
With the help of innovation, technology, and artificial intelligence, entrepreneurs can look into creating a business that offers customers personalized nutritional services. People worldwide are looking to lead a healthy lifestyle, and consuming unhealthy food can deter people from having a healthy life. A personalized nutritional business can offer customers a personalized nutritional plan and even lifestyle and health advice that helps people eat and stay healthy.
Remote Work Solutions
Hybrid working modes have become more common, with more individuals looking for remote work opportunities to earn a living. Although many companies have provided hybrid and remote work options, many problems may arise due to technological issues or the lack of proper platforms that enable efficient remote work. Developing tools and software that enhance remote work productivity and collaboration can be a significant business venture with the potential for massive success.
Smart Home Technology
Smart technology is incorporated into various aspects of modern life, making life easier and more efficient. Entrepreneurs looking to start a business with the potential for significant success can delve into the smart home technology industry. Using innovation, you can develop various technological solutions, such as smart home devices and software designed for automation, higher security, and increased energy efficiency. When developed well, these devices and software can bring massive success to a business.
Subscription Services
Subscriptions have gone beyond the scope of subscribing to streaming platforms or gyms and into more personalized services designed and curated for easier living. Creating a subscription service that caters to niche interests and products may be a good business venture for entrepreneurs looking to start a unique business. Subscription services can include subscription boxes for weekly food or meal products, fashion, or other lifestyle categories. As individuals stay busy, these services can be a great way to receive fresh items at their doorstep without interrupting daily activities.
Elderly Technology
The elderly population is known not to be quite as tech-savvy as the younger generations. However, the help of technology can make their lives simpler in many ways. Developing technological solutions designed for the elderly population is a great business venture due to the lack of popular technology designed for them. These solutions can be user-friendly mobile applications, voice-automated devices, or others. These kinds of solutions can help improve the quality of life for older people while allowing them more independence.
Blockchain Applications
Decentralization has become very popular in recent times, offering individuals more secure and transparent internet uses. Entrepreneurs can take advantage of the new and upcoming blockchain technology and explore unique and innovative ideas for creating applications that do not exist yet. With the help of innovation, the blockchain industry can be explored for all kinds of business ventures with high potential for success with the increase in popularity of blockchain.
Smart Appliances
Everyone uses all kinds of appliances in their daily lives. These appliances offer more convenience and quicker methods of completing tasks. This also opens many opportunities for entrepreneurs to develop intelligent appliances. Regular appliances have been built to make tasks more efficient. Smart appliances can take efficiency to the next level and offer more productivity. Technological advancements have allowed entrepreneurs to use innovative thinking to develop smart appliances built for everyday use, offering substantial long-term success.
Virtual Reality Experiences
Virtual and augmented reality experiences have become increasingly popular as companies develop various kinds of software that enable these unique experiences. As this global industry continues to grow, entrepreneurs can tap into it by creating various kinds of accessories and products that maximize the virtual reality experience. There are multiple ways to tap into this industry, including the creation of immersive experiences for gaming, education, training, and much more.
To have a business idea that could become as successful as Google, entrepreneurs must be determined and continue to look for various kinds of opportunities. It is also important to remember that market research and understanding customer needs are crucial to starting a successful business. Through innovation and unique ideas, entrepreneurs can find success across multiple industries.
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Harvi Sadhra is the CEO of Revir Media. He has over 10 years of experience in digital media and has been featured in many of the largest media brands on topics related to finance, stocks, money, technology, and more.