A business is built on an idea. This phrase speaks volumes about the core of any business. A business empire is constructed on a creative idea. This idea is meant to simplify people’s lives. Many people these days are attempting to become entrepreneurs. Over the past few years, there has been a rapid growth in the number of organizations that have come into existence. In 2018, there were close to 30.2 million startups in the U.S alone. The start-up culture is still growing in many countries.
In current days, many innovative ideas are monetized. But running a business goes beyond just a creative idea. For example, according to an article in Forbes, start-ups with mentors are more likely to grow at a faster rate. Running a business is based on business sense and understanding the basics of how to manage a business. But a good creative idea will always help the process. For all aspiring businessmen, here are some creative business ideas to consider:
- Social Media Consultant:
Social Media has become a necessity in the digital era. People scroll through social media at any given point of the day. Social media has become so ingrained that ‘scrolling’ and ‘liking’ have become muscle memory. Social media is all about relatable content. For brands, it’s a way of connecting with their consumers. This is where social media consultants come into the picture. This is one of the hottest industries currently. With everyone scrolling, swiping, and tapping, the main job of a social media consultant to keep people hooked to their screens.
Did you know that over 40% of the population uses social media? (That’s a large market). Did you also know that if a consumer has had good interactions with a brand via social media, they’re more likely to recommend the brand? This why social media consultant is a creative sphere – continuous churning of unique engaging content and visuals. Since many brands are entering into a market, they would require social media guidance to establish themselves.
- Video Game Parlors:
Video games are a popular form of entertainment and stress buster for many people. A video game parlor just like in the good-old-days is a great industry to venture into (just slightly more sophisticated). People are always looking for recreational things to do, to keep themselves entertained. Over two billion people play video games worldwide. The gaming industry has been picking up at a lightning speed pace. Just the previous year the industry had total revenue of over 100 billion dollars. This business idea will be as recreational as bowling or going to the movie theater. It has immense potential for growth, with technology rapidly evolving.
- Affiliate Marketing:
Another great business idea is affiliate marketing. This is a way of marketing any brand or product is through recommendations or word of mouth. With the internet and online medium, affiliate marketing has become more creative and innovative. According to reports, affiliate marketing accounts for 15% of all digital marketing revenue. It is a fast-growing industry that is continuously evolving. Affiliate marketing has evolved to allow more creative measures to come into play. Close to 80% of brands rely on affiliate marketing. As more brands come into the market, the scope of affiliate marketing also grows! So, go ahead, and jump on this bandwagon.
- Internet Security:
With everyone and everything having an online presence, internet security has become a big concern. This is exactly why having a business that helps provide cybersecurity is game-changing. More than 60% of organizations feel that they are susceptible to data breaches due to hardware breaches. Cybersecurity is the base for almost any business organization. Business cybersecurity will flourish because many brands and organizations will depend on it. Each type of cyberattack can cost money to an organization, therefore this is a great area to venture into. If you are concerned with website security, then SSL certificate can help a lot. Many certificate authorities provide an SSL certificate with great features based on site’s requirement.
- Arts & Crafts:
Everyone loves cute little trinkets and quaint things for their home. This is why the arts and crafts are a lovely business idea. This business model requires a lot of creativity. From customized to standardized, the arts and craft business works around creativity and simplicity. This idea can even be about teaching crafting tricks for DIY home decor. There is a lot of potentials that can be unlocked with this idea. It can be something as soothing as pottery, or just a quaint handicraft store, either way; this industry opens up a lot of avenues.
There are plenty of ideas to innovate or just tweak to provide extra value. All that needs to be done is to introduce elements of creativity at every step of the way. While a business needs an established system and good entrepreneurial sense, it also needs a million-dollar idea. Only if the idea sells will the entrepreneur or businessman be able to make a steady business out of it.