Entrepreneur Resources Your source for small business information
When you’re considering starting a business, it’s always a good idea to think about which industries are ripe for disruption. Successful people have a habit of coming along with the right idea at the right time. They’re not too early or too late, but have the resources and wherewithal to pursue business concepts and strategies when the world needs them most.
As a budding entrepreneur yourself, you should take note. If you can give the world what it wants at the right time, you stand an excellent chance of creating a lasting and genuine impact on society. What’s more, you’ll also ride a wave of profits that will give you the lifestyle that you want.
So, with that said, which industries are ripe for entrepreneurial disruption in 2021? Let’s take a look, shall we?
Natural Personal Care
In the past, people were perfectly happy to slather their bodies in chemical products pumped out by the big manufacturers. But in today’s world, that’s no longer the case. Consumers are becoming wiser and savvier, and they know that big business doesn’t necessarily have their health interests at heart.
For entrepreneurs, this is a big opportunity. Consumers don’t want all the nasty chemicals, but they do want convenience – and that’s where you can help them.
There are many examples of new brands and franchises emerging that promote more natural products. Every month, new brands enter the space, each vying to be the next global blockbuster.
Better Junk Food
It’s a similar story with junk food. People still want to consume it, but they don’t want it to be as bad for them as regular, old-fashioned junk.
The goal, therefore, is to use healthy ingredients to come up with something that tastes as good as the original.
Many brands are already trying this. So, for instance, we’re seeing the emergence of snack bars made of fruit and nuts, as well as chips made of lentils.
As an entrepreneur, it’s your job to find an unexploited niche and zero in on it. If consumers can get something tasty that also supports their health, they will love you forever.
Wearables For Pets
Nobody wants to lose their pet. It’s a disaster. Now, however, technology is emerging that will allow owners to track their animals anywhere. Tags fit around pets’ necks and connect to phone networks and WiFi, providing precise location information at all times.
Wearables are also helpful for another reason: telling you your pet’s state of health. Dogs, cats, and other animals aren’t always forthcoming about the way they feel. A pet wearable allows you to collect data on important health information so that you can figure out what’s wrong when they get sick.
Space Infrastructure
Lastly, entrepreneurs should seriously consider building businesses around space infrastructure. Space is the next frontier in the economy, but it still lacks basic services and utilities.
The range of potential space businesses is nearly limitless. It just requires the right people to work on them, promote them, and push them forward.
