Startups are mostly associated with businesses that leverage tech and have scalable models.
Businesses that once they hit the market the rate of growth is exponential within a short period.
A startup idea is the birthing, the incubation of what the business is. The idea is critically looked at, developed, and validated to ensure its market demand and sustainability.
So this article won’t just be listing a few startup ideas, the ideas here have proven market demand.
Now, all you have to do is critically look at each, select one to work with based on your skillset and start developing.
Here’s advice from Dave Thomas that will guide you in making your choice, “Know your product better than anyone, know your intended audience, and have a burning desire to succeed”.
Startups and small businesses Ideas to explore:
Internet Of Thing (IoT)
IoT or Hardware technology is one of the emerging technologies and its intriguing nature has made it spread faster. However, there are not yet enough people in this field.
IoT deals with the creation of a kind of automated system through the connection of hardware to the software program. IoT is fascinating as well as has scalability.
Payment Gateway System
Transactions are one thing that must go on as long as there is life.
Whether virtually or in person, payment gateways make these transactions seamless.
There are not yet enough payment gateway systems in the world, people need gateway systems that process payments without delays and are secured.
If you can develop one, you are currently sitting on the likely Fintech unicorn. Start creating and testing already.
Virtual Accounting Services
Another startup that is in high demand, there might be apps that can help but truth be told not all the business owners understand the app talk more about knowing how to use it.
So while they are still figuring it, build your business and scale. Be part of their business, organization, school virtually as an accountant.
Monitor the finance flow, balance sheets, write monetary reports, ensure the tax is taken care of too. Once in a while visit the establishment and give an in-person view of their financial strength.
Why is this here? I thought we were talking about scalable business models. Calm down and read through.
In most of the country, laundry is still done as an SME but you can go big on this leveraging tech. Build a laundry app through which you can make this happen.
The app will enable intended customers to book your services, you can let them know their clothes are ready through the app too.
Also, if someone is out of town but needs cloth to be ready on arrival. Have an option where you can help them outsource the clothing.
There are many other possibilities in providing a scalable laundry service, think about it. Remember to think outside the box.
People practice interstate grocery buying and when they travel out of their state to purchase goods it’s usually in bulk quantities.
Run a startup where people place orders of what they want stating the state they want their item purchased from, then get down to business.
Social Media Management
With every business creating an online presence, there are still lots of opportunities in this field.
Master how to run effective ads, grow social media platforms, run successful campaigns and you’re in business.
Don’t think small on this, it could grow into a multi-million dollar agency as long as you deliver on the job.
Copywriting, Virtual Editing, and Proofreading services
Copywriting is a skill people are beginning to understand, it involves being a salesman with conversions.
That, in a simpler term, means people buy products or go for service because they read what you wrote.
There are online courses that can help one become better at this skill. Additionally, you can do virtual editing, and proofreading for people who need those services. There are lots of such people.
From business to health, food, exercise, or life in general, people need these services.
Create your profile and then launch this startup. As long as you are good and have a good business plan, you are likely to be the next big thing since ice cream.
Alternatively, if you are still unsure of yourself or you want to be modest in starting. You can create a YouTube channel, give out tips and then get people to pay for one on one consultancy.
Just like social media platforms, every business needs a website, and if you can provide them with one that’s a startup.
The website once built also needs servicing, so you can build your startup around this idea.
The niche is not yet saturated as most people think. Just be good in your craft and deliver promptly.
Graphic Design Business
You’d want to grow this into a startup especially if you are already a graphic designer, stop playing small. The demand for good and creative designers is high.
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