With the pandemic and several other shocking events this year, it’s safe to say it’s been one hell of a year. Most people had so many plans and goals at the start of the year but could not achieve any. Many people got laid off from their jobs and have been left jobless for the better part of the year. The year may be over, but your life isn’t, neither is the world. It’s high time you started making plans for 2021 and this time, be creative about them.
An essential part of your plans should be your career and financial goals. There are several ways you may want to achieve them. If starting up a business is one of them, then you are in the right place. Figuring out which business you can go into may be tricky. Mainly because there are several business ideas you can think off and explore.
However, if you want your business to stand out and thrive, you need to be innovative, creative, and intentional about your choice. Here, we have gathered some of the most innovative and fast-growing business ideas that are lucrative and safe to invest in. These ideas are based on the growing market trends that we expect to take a hike by 2021.
Website Development Service
There’s hardly any business or company without a website in this age, as this is essential for almost every business. The website development and design business has grown and still growing because of how important websites have become. It has become trendy over the past few years and is likely to get even better by 2021.
If you are proficient in the programming languages such as Python, Java, CSS, etc., this is for you. Your skills are continually increasing in demand and can make you some money. Even if you don’t have these skills, you can take courses now to start a business as a website developer and designer soonest.
Every office worker or business owner needs some help now and then, and virtual assistants offer support. They perform several administrative tasks, all from the comfort of their homes. They provide transcription services, bookkeeping services, email communications, research, and many other essential studies.
If this sounds good to you, you can work as a virtual assistant and earn some money. The best part is, you can be a virtual assistant to more than one client simultaneously. To do this, you will require excellent organizational and planning skills, fast and reliable internet services, and, most importantly, a computer.
Virtual Doctor Services
Over the years, many services have gone virtual, and the health sector isn’t left out. Population size is increasing by the year, and the workload of doctors is multiplying. Virtual healthcare systems have been established to reduce some of these burdens, not just for the doctors but also for the patients.
You can also help to lift this burden by creating your own Virtual Doctor Company or Telemedicine Company. By creating this company, you can improve your standard of living and make healthcare more accessible to everyone regardless of their location. Your company would also be offering better health services to every age-group as long as they can access the internet.
To build your company or Telemedicine platform, you need to be proficient in computer programming and creating application software. However, if you aren’t, you can quickly learn or employ a professional to help build a user-friendly application and website for your company.
If you are solely in search of work-from-home businesses, then this opportunity is for you. Dropshipping is simply a retail or order fulfillment method where you purchase products from sellers or manufacturers and ship to buyers. This is a low-risk business, and it is very lucrative, easy to start-up, and less-demanding. All you need to do is sit at the comfort of your home, advertise, sell, make payments, and monitor shipment.
It allows you to diversify since you do not need to purchase the products you sell. So you can sell beauty, fashion, electrical, or even food products. There are so many endless opportunities for you as a dropshipper; you need to utilize them.
Social Media Influencing
Ever thought of how social media influencers make their money? I bet you have. They turn likes to dollars, and their follows to cheques. This may sound too good to be true, but it is the reality. Many social media influencers make reasonable amounts of money by having a large social media following and massive engagements on their posts.
Although this sounds implausible, this business is a great way to make money if you consider yourself social media savvy. Even if you haven’t built a reputation yet, there’s no rush. You can always start and consistently build a personal relationship with your followers. While doing this, ensure that you talk about the industry or niche you are interested in. Once you have successfully built a large and engaging following on your social media platforms, then you can start your money-making venture.
Home Food Delivery
Many office workers have such a busy schedule that it is almost impossible to prepare meals personally and take it for office lunch. Most of these workers would rather have food delivered to them at work. A group of individuals noticed this, took advantage of it, and started food delivery companies. These companies have gained some popularity over the years and are still growing. You can also take this problem and solve it for some money. If you love cooking, are a good cook, or are interested in the food industry, you should try this out.
You can create a list of home-cooked food, make your menu, send in a delivery boy, take orders, and start delivering for some money. In addition to home-cooked food, you can also provide snacks and drinks.
As time goes on, you can establish an online presence and create platforms for monthly or yearly subscriptions.
Freelancing has rapidly become one of the most popular business opportunities available. Freelancers are self-employed individuals who are not committed to any company or long-term employers. By taking on freelancing, you don’t just become your boss but also become a mobile office.
With the recent rise in gigs and remote works, getting great gigs and growing a successful freelance business is almost inevitable. Because of its increasing popularity, this business is a competitive one. However, if you have a unique set of skills coupled with years of experience, you are sure to bag some money from offering your services.
For example, skills such as content writing, web development, copywriting, social media, and digital marketing can become lucrative work from home businesses.
Online Tutoring Business
The education space is a great place to find lucrative business opportunities. This business continues to remain relevant because there are so many things to teach, and many people who want to learn. You can create your jobs by becoming an online tutor, but you can create a business by hiring other teachers to teach students. You can even create platforms- websites or apps where teachers register to teach online classes. Once you do this, your next step is to find customers or help them find you.
On your platform, teachers can pay monthly or yearly subscriptions, while students also pay to access teachers. If you can successfully build such a platform, then you are on your way to building a successful business over time. In addition to this, you can also conduct physical tutoring classes and hire teachers to take these classes.
This industry may not be as popular as other established industries, but it is rapidly growing and gaining ground in the market. With a constant increase in the number of dog-owners, it is not surprising that the dog walking business is on the rise. This is a business opportunity that offers excellent pay in major cities. Because of busy schedules, most people prefer to hire a dog walker to walk their dogs. This helps to reduce their separation anxiety, improve their health, and also help them socialize.
If you are a dog lover, then you may want to try this out. You won’t just gain some money, but you also spend some time with your favorite animals.
You can only truly change your life when you explore opportunities and make the best of them. Here, we have listed some of the most popular yet innovative business ideas you can try out in 2021. They are lucrative and easy to start up, and we hope these business ideas come in handy for you. When choosing a business idea, ensure that you choose one that aligns with your skills, passion, and interests.
While choosing or deciding your business idea, keep in mind that your idea alone is not enough to sustain your business. You will need to put in some hard work, persistence, and dedication. Regardless of which industry you finally go with, you will need to create an effective business plan, build your business entity, and invest some money into bringing your business to reality. This way, you can face challenges that may arise in the long run and come out a successful business owner.