I am doing research for an entrepreneurship class. I need to identify ideas and trends to start a successful business now and for the next few years. Any ideas or resources, statistics?
There are a couple of ways to go about this. You can consider companies that would be on the forefront of developing new technologies (creation opportunities) such as renewable energy, robotics, etc. or bringing new and innovative products to market.
OR, you can look for existing market gaps (discovery opportunities) and try to fill them by combining two or more ideas or products already existing in the market. This tends to be more quickly successful as it fills a need (as opposed to trying to create a need.)
There are a couple of ways to go about this. You can consider companies that would be on the forefront of developing new technologies (creation opportunities) such as renewable energy, robotics, etc. or bringing new and innovative products to market.
OR, you can look for existing market gaps (discovery opportunities) and try to fill them by combining two or more ideas or products already existing in the market. This tends to be more quickly successful as it fills a need (as opposed to trying to create a need.)
References :
Fisher School of Business Entrepreneurship Class
Well the wellness industry is a multi billion dollar industry right now and is said to be exploding everyday. Another thing to think about is how to market the wellness industry. My suggestion is network marketing. A great example is Original Limu. It is a product in the wellness industry and is distributed by network marketing. try
http://www.mirandamathews.limupro.com
or
http://www.thelimuconpany.com
References :
http://www.thelimuconpany.com
Thank you for your very interesting question!
Try to see the answer to this question at specialized sites!
References :
http://toptrendstoday.com