With the global health pandemic accelerating the digital transformation corporate types have been idly talking about for 30 years at breakneck speed, there are many opportunities for eagle-eyed entrepreneurs to carve themselves a juicy slice of the action.
So whether you’ve been made redundant during Covid-19 or you’ve simply decided it’s time for a career change and you fancy being your own boss, this is a great time to conduct some research into which baskets you might lay a few of those proverbial eggs.
Without further ado, let’s get cracking with five diverse business ideas that could help you strike gold.
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Craft beer
From stalwarts like Sierra Nevada to disruptive brands like BrewDog and Brewgooder, over the past decade or so, the craft beer scene has transformed itself from the preserve of middle-aged men wearing thick woollen jumpers to a sector with unisex, universal appeal to hipsters worldwide.
Is there still room for another world-beating craft beer brand?
If you can develop a range of brews that taste great and market them effectively to millennials, why not?
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Virtual PA
Lots of new entrepreneurs who are used to having personal assistant support in the workplace are now striking out on their own, only to discover that they don’t have a Scooby-Doo about organising their own diaries arranging meetings and generally keeping on top of admin.
If you can offer skilled virtual PA services to a select few clients, you could be cashing in!
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Sustainable sneakers
Lots of people love sneakers. And lots of people love the planet. So…if you can develop a company selling cool sneakers which are also kind to the planet, you’re probably on to a winner.
You don’t have to be the next Nike or Adidas to secure your own corner of this lucrative global marketplace – sustainable shoes and clothing brand Allbirds is doing well with a few classic, comfy designs and brilliant branding that reinforces its eco-friendly reputation.
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Sock suspenders
Granted; it doesn’t get more niche than sock suspenders. But don’t knock them til you try them!
These traditional sartorial devices have been keeping English gentlemen’s socks up for centuries and they’re amazingly comfortable.
If you’re able to bring sexy back to this slightly staid market, we predict with a certain amount of confidence that in a few years’ time, it could be even bigger than space travel – Elon Musk take note!
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Pet allergy products
Horses, dogs and cats are cool and all. But what happens when they’re affected by allergies?
Absolute misery, that’s what. And have you ever tried to blow a horse’s nose? Don’t even go there.
But clever pet allergy gurus like Avacta Animal Health have been operating a successful business by offering best-in-class allergy products for your favourite animals.
Maybe you can jump on the bandwagon and ride it to the bank with horse handkerchiefs? Just an idea…
Pick the entry from our quintet of quality business idea that best floats your boat and by this time next year you might be a billionaire. Stranger things have happened!