Now! You can check out so many startup business ideas but it can be hard to figure out which is worth pursuing. The scenario is continuously changing from finding a job to create a job. Most recently IIT Delhi and other business schools announced to make certain changes in the PhD program instead of creating a thesis to start a startup. Initially needs startup capital i.e. refers to the money that is required to start a new business, whether for office space, permits, licenses, inventory, product development and manufacturing, marketing or any other expense.
Being motivated person we all need to create a business concept that’s not only profitable but also great for the long-term. At the same time jumping on a new trend can sometimes be risky – it can also be highly rewarding. Venture capital is financing that investors provide to startup companies and small businesses that are believed to have long-term business plan.
Following the niche examples (product or service of small startup companies) will help make you money
From parcel delivery to checking out their crops to best aerial shot; The drone niche is one of the best early stage small business. According to a recent survey approximately 600,000 drones are expected in the air by 2018. Simultaneously, the industry is expected to grow to $127 billion.
We can say that selfie drones are the substitute of selfie stick because drones allow people to easily take pictures of themselves from different angles.
First of all, you need to figure out which market to target. People who love taking selfies and taking cool pictures when they travel and also want to showcase a collection of cool images that were shot with selfie drones.
Even toy drones catered to children as they find it is to fly a drone around. Selfie drones record aerial shots for weddings or commercial projects.
You need to ensure higher-end drones, which will likely cost-effective, as your demographic cares about video and image quality.
High-Intensity Interval Training (HIIT) workouts are one of the most popular fitness realms. This startup idea is best for those who are interested enough to do HIIT workouts.
As these individuals tend to have the following types of equipment like weights, jump ropes, medicine balls, fitness mats and other. Either you can place an order from E-Commerce platform or directly purchase medicine balls, ankle weights, jump rope and more from the market.
By the year 2018, there are expected to be 141 million unit sales of smartwatches all around the world. Consecutively, smartwatch industry is expected to shoot up to a $19 billion worldwide still the business is counting $53.2 billion in sales revenue by 2019. It is also confirmed this business idea is having great potential.
Smartwatches keep on a recommendation by doctors and health advisors for those who are having the blood pressure and heart rate and also monitor the location of patients by GPS inbuilt tracking system while you are like travelling, hiking or doing outdoor activities.
During the year of 2015 DSLR cameras was gaining the popularity but gradually replacing by mirrorless cameras due to this DSLR cameras is continuously decreasing. Majorly peoples are using their phones as cameras, mirrorless cameras have somehow grown and created their own niche market.
With high-quality phone cameras to take pictures, there’s somehow a growing trend towards mirrorless cameras because they are more lightweight and compact than DSLRs which make them ideal for photographers and high benefits of owning a mirrorless camera instead of a DSLR.
Dash cams are also getting attention and sales also increased by 918% in the United Kingdom because of the viral dash cam videos were taken in Russia. Insurance companies are considering offering reduced insurance premium if you have been install dash cam in your car.
As you know that during the road accident insurance company accept dash cam videos as a piece of evidence. If you would like to make any of the business ideas into reality then you need to show how beneficial your product is.
You can make popular or can manage online reputation by the regular posting of an amazingly recorded video by your Dash Cams. In this way, you can build your own brand. When people searching for funny dash cam videos then your search result pages on the top of the searched result pages.
As per the report of 2016 the market of the wireless earphone is expected to grow. For entrepreneurs, this is a great opportunity to start businesses in this niche as per the statistics wireless earphone industry is expected to grow to $15.8 billion by 2025 making it worthwhile.
Due to the advancement in technology such as Bluetooth and wifi; wireless earphones is a startup business idea growing in popularity. You can easily book your wireless earphone with many suppliers at free ePacket shipping making its an affordable price.
Note: Following sequence of companies is random.
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I am Chetan, B.Tech in computer science.
By the way thanks for this.