admin They say that ‘you are only as good as your last idea.’ This means that the greatness and success of you as an entrepreneur will be gauged by the novelty of every idea that you bring to fruition. With the unprecedented development of technology, the need to maintain a competitive edge over one’s market opponents has become absolutely indispensable. The skill to ideate unique business enterprises is a coveted one. It is a skill that is possessed by few, but is desired by many. However, there are ways to create exciting enterprises that are a class-apart from the rest by taking inspiration from the ideas given below:
Welcome the Era of the Flexible Workspace
With the advent and expansion of the world of tech, the goal of working in a flexible workspace has become a reality. New and innovative business ventures can be curated for providing modern workers with a flexible and mobile workspace. Flexibility will be the cornerstone of such an endeavour right from membership to the duration of use. These workspaces can cater to a vast clientele including individual freelancers, work teams as well as larger companies. Freelancers who prefer to work in the calm of the world outside their homes may benefit most from such an endeavour. Moreover, the possibility of sharing these workspaces also makes them much more lucrative.
Genome Mapping: The Future of Medicine
Genome sequencing laboratories are in rising demand globally. As research in the field of genome medicine expands further, the importance of genome mapping becomes apparent. The future antidote to holistically prevent diseases and personalize therapy is genome mapping. Investing in this budding biotechnological venture is as inspirational as it gets. Genome mapping is currently being used to prevent genetic diseases. With the expanding investments in these initiatives, they will be used in the future to cure degenerative disease as well as launch targeted immunotherapies by studying the individual’s genes. If you are looking for a uniquely novel business investment idea that couples technology with healthcare, then this is your best bet.
Online Education: a la carte
The Covid-19 pandemic has made online educational modalities a reality of the concurrent times. You can take inspiration from the expanding online education market and start a venture that is both inspired and unique at the same time. This requires thinking about online education with a different approach the a la carte method. The enterprise would entail subject experts to make educational videos on diverse topics and make them available on a single platform that is accessible to students. Subscription to the platform would entail a minimal charge. The students have the liberty to watch and learn from these videos at their own pace. The subject experts can be hired as freelancers or can be on retainers. To make the idea even more exciting, one can introduce AI-empowered interactional learning as well.
Prepped Dietary Meals
The dietary revolution has gripped the world like never before. Compared with the colossal rise in the demand for skillfully crafted diets, the number of providers of such diets are quite few. An inspirational and innovative business venture can be created to provide prepped meals for each dietary category. This would ease the trouble of the clients who usually have to go through the numerous aisles of a supermarket, trying to look for the perfect meal ingredients. These prepped, ensemble meals would befit all requirements of diverse diets including keto, vegan and whole30 diets. The market for this venture is quite expansive and is exponentially growing and investing in such an idea will prove to be remunerative in the times to come.
Acing the Virtual Assistance Game
Another significant trend that can be capitalized in the current market scenario is that of virtual assistance. An enterprise that is dedicated to provide virtual assistance is a unique and inspired idea. Providing virtual assistance to companies can be made into a lucrative venture by curating your technological support infrastructure and virtual assistance team carefully. Several companies desire assistance in their field of operations, especially if they are startups run by novice entrepreneurs. You can use your expertise to provide them with virtual assistance to help them navigate through the waters carefully. The key to the success of this venture is to curate an excellent team of virtual assistants, with a well-balanced diversity in their individual fields of knowledge. This will help you cover more ground and make the venture more successful.
Be Prepared for All Disasters
Another unique and inspired idea that is more than appropriate for the year 2020 is the curation and sales of disaster and emergency preparedness kits. Preparedness in the case of an emergency, especially a natural disaster is essential. But this can be a daunting task. These kits can be crafted for any disaster potentially anticipated by the client.
Execution is as Potent as Ideation
All these ideas are inspired and unique, but what really distinguishes a venture is the execution of an inspired idea. Ideation is a necessary process in creating a successful business venture, but it has to be accompanied by a committed execution strategy. Each of the aforementioned ideas is novel, but the real potential of an idea can be brought to fruition by a dedicated team and an inspired leader. These two prerequisites must always be fulfilled to guarantee prosperity in any business venture.
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