In this post we will be giving you the top industries that you can get into as a startup. Barrier to entry can be a real issue if you don’t have much capital or a unique business plan. There are industries that are only really suitable for someone with a large investor such as the oil industry. Unless you have developed a new technology or unique product it can be daunting going up against business with Billions in their cash flow.
- Consumer Retail
While retail is a crowded market if you are manufacturing your own products then there has never been a better time to get into ecommerce. With social media and the chance to go viral and get your products seen by millions of people all you need is a good idea and a head for marketing to break into this space.
One for the programmers and web developers of the world. If you can develop software that can help improve lifes or businesses you can be onto something big. With many investors looking for the next big software company to invest in if you have a good idea then now is the time to put pen to paper and start your dream.
Do you remember flappy bird? Candy Crush? these gaming sensations were originally small apps that were developed and took the world by storm. If you have a good idea that you think may be the next candy crush you will have little barrier to entry for your start up.
If you have developed a skill working for someone else but really want to go your own way then why not think about becoming a contractor, it can be a great way to get into the world of self employment. Build your network and in no time you could be winning your own contracts and making your own profit.
With more and more people each year wanting to break away from the 9-5 and start their own dream every industry is getting more and more crowded but that does not mean that you cannot make it. If you work hard and don’t give up your startup could be the next big thing.