It’s never been easier to start a business, but do remember that not all businesses and industries are created equal. When starting your business, there are multiple things to consider, like which industries are growing and have a bright future. Do also think about what you love and are skilled at. Perhaps you can do something that mixes a booming industry with your business vision and dreams. Here are some of the top industries that are likely to be around and thriving for a long time.
Though 3D printing has taken its time to catch on, don’t take that as a bad thing. As technology advances and we find more uses for it, 3D printing businesses will thrive like never before. There are also many investors who are watching 3D printing stocks closely as things transform in the industry. This is a good sign that there is a promising future.
It’s entirely possible that in twenty years, there’ll be a 3D printer in every home, much like the computer, internet, and cell phones. Furthermore, you don’t have to be involved in manufacturing to get a piece of this pie. Look into sales, marketing, product placement, support, customer service, and even staffing.
Health and Wellness
We’re living in a time when health is both getting better and declining at an alarming rate. Let me clarify that statement. Though we are creating medications and medical procedures to help people get through their illnesses, we, as a species, are sicker than ever. Our need for food convenience, more gadgets, and higher profit is literally killing us slowly. This is creating a greater need for more doctors, nurses, hospitals, and healthcare in general. Yeah, this is great if you want to get into a medical profession.
On a positive note, with this poor health trend is a huge need for practitioners and businesses that focus on natural health, functional medicine, and making our planet cleaner and more healthful to live on. Thankfully, more people than ever before are focusing on trying to win the battle of health, both personally and globally.
Consider starting a business that is a natural support to health and wellness like opening a yoga studio, becoming a health coach or nutritionist. Think outside the box and create something that makes a difference in true health. Also, as you may know, the CBD and marijuana industry are about to explode, as legalization spreads and research and testimonials show the health benefits more every day. And, yes, this is a viable business opportunity to consider. You could simply sell products or even invest in grow pods.
Purchasing a Franchise in a Growing Industry
One of the best ways to get into the business game relatively risk-free is to open a franchised business. This is good because it allows you to bring your business skills to the table while also enjoying guidance and support. They’re usually pretty easy to get started and can be highly profitable. Look for a business that is trending upward and is promising for the future. Do know that the biggest downside is you will have less control than you would if you started your own venture.
AI and Robotics
If there’s one industry that has a bright future, it’s AI and robotics. Just look around and you will see more and more potential as we develop the skills and tech to expand this fascinating world. There is a generation alive now that will spearhead this work into a world we have only imagined and seen in sci-fi movies. Know that you could be a part of that advancement if your interests lie there.
As with 3D printing, you don’t have to be in on the product development or science side of things. There is a need for sales professionals, marketers, and staffing pros to support the exponential growth that’s just on the horizon.
Finally, with an aging population, consider opening a business that provides care for people in their retirement years. It’s a market that, because of shifting demographics, is expected to grow significantly in the coming years. If you have healthcare experience and skills, you could do in-home healthcare such as nursing. If not, focus on other aspects of care like household maintenance, meal prep, and companionship.