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Entrepreneurship is about looking for new opportunities. Whether it’s an opportunity to make more money or make a difference in a new way, entrepreneurs keep an eye on the entire business world, which ideas are successful and which ones are starting over. Pay attention to what you need. Savvy entrepreneurs take notice when a business or an entire industry makes an impact.
As business leaders themselves, members of the Young Entrepreneur Council also want to take advantage of new opportunities. Here, six members will speculate on the industries they would start doing business in today if they weren’t in business today, and discuss why they think these industries are promising in the future.
Members from the left in the photo.
Photos courtesy of each member.
1. Regenerative agriculture
Perhaps start a business in the regenerative agriculture sector as a permaculture consultant. I believe that tackling climate change while providing people with nutritious food is one of the most promising ways to make an impact and make a living. We need a voice, and we believe small local farms and urban food systems can make a big difference. – Natalie Russier, AccessAlly
2. On-demand service
Our society has become a craving for instant gratification, leading to the rise of on-demand services like Uber, Netflix, Grubhub, and Amazon. With one-click ordering or delivery times as short as an hour or a day, these companies are revolutionizing the way people access goods and services. That makes investing in this industry particularly lucrative for now. – Tonika Bruce, Nicely, Inc. Reed
3. Physical therapy and exercise
If I were to start a new business in another industry, I would consider looking to physical therapy, Pilates, or exercise in general.Massage therapy is great and helps treat injuries, but I love the idea of ​​adding movement to prevent injuries and strengthen the body. You’ll find my expertise in doing the exercises in. – Rachel Bider, PRESS Modern Massage
4. Beauty
If you want to start a business in an industry different from your current industry, I think the beauty industry is good. Given the current economic situation, this is one of the safest options. Despite the woes in various industries around the world, the beauty industry is growing rapidly and targeting a wide range of niche markets.So it seems like a safe and promising option to consider.-Stephanie Wells, Formidable Form
5. Fertility and women’s health care
These days, women are having children at a later age, and pregnancies are generally considered geriatric after age 35. Many women are understandably focused on building careers and financial security, leaving things like love and family on the back burner. It is my choice to offer other options, especially comprehensive options, at reasonable prices. – Gibel Ramano, Ramano Law Firm
6. Coaching
One of the most profitable business ventures in 2023 is running a coaching firm. Especially if you have experience in that area. In fact, unless you have an area of ​​expertise, you shouldn’t start a coaching firm in general. Coaching sessions are often expensive purchases, so you can charge a lot for each session. Bill for value, not time. – Infobrandz, Kelly Richardson
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