There are only six months left until 2020, and what better time to start a business than right now?
The majority of people is probably tired of having to do the same things over and over again, listening to their annoying colleagues and supervisors, etc. It is natural that motivation begins to fade if you are stuck in such an environment.
Thinking ahead is the best course of action. Starting now would mean that you can expect results in a year, or even in a shorter period. Your very own business is waiting for you. And the only thing that still stands in your way is picking a niche.
This article will cover the most prominent ideas that will have the most potential in the upcoming few years. So no matter which one you choose, you will be perfectly fine.
3D Printing
Technology has come a long way, and it continues to make leaps and bounds in all sectors. You can build pretty much anything you can imagine – from human organs to furniture. Given how much of an impact 3D printing had in manufacturing, it is no surprise that it is one for the future.
You can get a printer yourself, and since they are not as expensive as before, it should not take too long before the investment pays off. Of course, you will have to spend some funds on marketing, but the growth potential is too high not to consider it.
Virtual Reality
VR is another form of entertainment. Think video games, but much bigger. The industry has not been around for long, yet it continues to skyrocket in terms of value. The expected numbers are in tens of billions worldwide.
Virtual reality is not just about gaming, of course. It is a perfect tool for education, interacting with others from a distance, watching 3D movies, and so on. Your profit will depend on how much you are willing to invest and learn.
Dropshipping
One of the oldest ideas in the book, dropshipping, has been around for a while now. Nevertheless, it continues to be a cornerstone for plenty of entrepreneurs. Since a lot of new products are introduced every year, you can always find something which interests you.
As they say, the sky is the limit when it comes to this business. If you have not had any previous experience with it before, no big deal. There are more than enough sources on it available online, such as dropshipping 101: what is dropshipping [Oberlo]. Finally, the initial investment is as low as it comes, making it a perfect choice for those with a limited budget.
Custom Drone Building
Controlling a drone has become one of the most popular pastime activities. It would seem that the demand for them has been steadily increasing, and the money-making time is right now.
Those who have a knack for design can put their skills to use by making custom drone models. Oh, and it is also worth mentioning that there is a competitive drone racing league. Everyone knows that professional sports generate a lot of profit.
Outsourcing Business
There are a lot of articles on the internet about working from home. Once again, the internet has opened a lot of door for those who have the skills but do not live in the vicinity of a company. Outsourcing projects to those who are thousands of miles away has become a normal practice.
It takes time to learn a certain craft, such as writing or graphic design. However, once you have a portfolio to show off, you can expect offers coming your way.
Affiliate Marketing
Some would argue that this one has no place in the future of internet marketing. Well, the number of affiliate marketing websites contradicts this statement. They are popping left and right. It appears that an average internet user still relies on reading in-depth reviews.
Amazon and ClickBank are two of the biggest powerhouses in affiliate marketing, and signing up a partnership with them is extremely simple. However, there are plenty of other options as well. Therefore, if what these two offer are not up in your alley, you can find something that would work.
Food-related Business
The most evergreen niche, if you will, is food. You can see a lot of emphasis on what we eat. Some individuals take the vegetarian or vegan route, whereas others stick to the good-old-fashioned all-you-can-eat approach.
Depending on your skills and knowledge, you can get started with a food truck, bakery, food shop, or pretty much anything you can come up with yourself.
In the end, it all comes down to what you are interested in and how much you are willing to invest. Any business can work out as long as there is enough effort. If you are truly eager to become financially independent, any of the ideas above should be more than enough.
