“May you live in interesting times” is an ancient Chinese curse. It means that it’s better to live in stable, boring times, rather than during periods when everything is in a state of flux, like it is today. While there are negative aspects to living in a period where things always seem to be changing, there are benefits, too. For starters, it’s good for entrepreneurs. Because the old industries no longer have all the control, there’s plenty of opportunities for would-be business people to set up their own company. But what businesses are on the rise in this time of change? We take a look below.
Back to Basics
Not so long ago, people were looking for whatever was cheapest. Now, there’s not the case. People are beginning to rediscover the art of craftsmanship, and are willing to pay for it. It’s happening in all areas, but particularly food and drink. In urban areas, people are increasingly buying their bread from artisan bakers, their beers from microbreweries, and their “on the go” from high-quality food trucks. If you have a talent in the kitchen, then this could be a business idea for you.
Most people don’t realize that the makeup of the world population is going to dramatically change in the coming decades. As the baby boomers age, there is going to be many more senior people than ever before – indeed, there’ll be the largest demographic, and they’re going to need care. If you’re a naturally caring person, then you may want to look into whether it’s possible to open a senior care home. If you deliver first-rate service at affordable rates, you’ll find that you receive plenty of interest.
It’s not just existing and past businesses that are going to come into fashion. There’s also going to be entirely new industries popping up in reaction to new legislature. Take medical marijuana for example. Many states have passed laws to make it legal, and it’s only a matter of time before the whole nation goes that way. As such, there’s going to be a lot of demand for this product moving forward. If it interests you, research the process of setting up and look at working with an agency like https://ignitedigital.com/marijuana-seo/ for your marketing needs. Pretty soon, you could have a functioning, profitable business.
Focused Travel and Tourism
Mass tourism swept the world in the past few decades, but people are beginning to reject the “mass” part of it slightly. They want to have more focused, specialist travel, rather than just going wherever the crowds are going. If you’ve got a passion for travel, and understand how to do it in a specific way, then it’s possible you can set up your own travel company! It’ll be about showing people a good time in a refined, unhurried way, not just carting people around on a bus.
The future is coming one way or the other. Make your plans now, and you could have a profitable business!