20 Small Business Ideas for 2024 (Episode 181)

Updated: January 9, 2024

Listen to this episode:

Episode sponsor:

Are you looking for a passive way to earn from forex trading? Check out Izanagi. Learn more at bit.ly/openizanagi

What you’ll hear in this episode:

Are you looking for a good business idea for 2024? Then that’s what today is all about.

I shared the industries or sectors that I believe have a profitable outlook this year and gave 20 examples of small businesses you can choose and consider starting.

Sustainable and Eco-Friendly Ventures
1. Eco-friendly products
2. Green energy solutions
3. Zero-waste packaging and recycling solutions
4. Urban farming and vertical gardening
5. Bike and scooter rental service

Health and Wellness Tech
6. Personalized fitness programs
7. Customized nutrition planning
8. Corporate wellness
9. Smart sleep solutions

Remote Work Solutions
10. Ergonomic home office solutions
11. Digital nomad support services

Niche E-commerce Platforms
12. Customized pet products
13. Tech gadgets for specific hobbies
14. Niche subscription boxes

Artificial Intelligence and Automation
15. AI-powered customer support
16. Smart home automation
17. Financial portfolio management

Personalized and Customized Experiences
18. Personalized travel planning services
19. Customized skincare and hair solutions
20. Tailored culinary experiences

Highlights and Excerpts

Consumers are increasingly making choices aligned with their values, creating a ripe market for businesses that prioritize planet-friendly practices.

Opportunities abound in providing tools and services that enhance remote collaboration, productivity, and employee well-being.

While e-commerce has been a dominant force, there’s still room for niche marketplaces that cater to specific interests or communities.

Consumers increasingly seek personalized and unique experiences. Entrepreneurs can tap into this demand by offering tailored products and services.

Solve a problem, and you’ll have a profitable business. Fortunately, sometimes the problem is the lack of access to already existing solutions due to location, price, or quality.

Sustainable practices, technological innovation, and a focus on personalized experiences are key themes that cut across various industries.

Get more business ideas: Good Business Ideas for 2024: Industries to Consider and Explore for Opportunities

Ask me a question for the podcast: Send a voice message here.

Please follow The 80 Percent Podcast:

Leave a Reply

Your email address will not be published. Required fields are marked *