Have you dreamed of being an entrepreneur? Dreamed of being fully in charge and of answering only to yourself? What is the best market that you should be in?
You aren’t alone. The appeal of running your own business is strong. While there is risk, the reward can be great. There’s no reason your dreams can’t become a reality.
Let 2019 be the year you turn those big dreams into something more. If you’ve been putting it off, don’t put it off any longer.
Stepping out on your own can be a scary thing. Worried you’ll invest your time and money in a business that won’t be sustainable? Worried you might lose more than you gain?
If you’ve been looking for the perfect business to get into this year, consider these markets for your new venture.
Top 15 Best Market for Entrepreneurs in 2019
1. Drone Photography and Videography
Advances in technology push our markets forward. Photography and videography has always been a viable business—these are specialized skills that record the most important moments in people’s lives.
The introduction of the drone has changed the way we take photos. Endless angle options and dramatic vistas are within your reach. It’s easier and more affordable than ever to get set up with a sophisticated drone.
The market for drone photography or videography is rampant. Whether you’re shooting properties for sale advertisements, intimate weddings, or rock concerts, someone out there is looking to hire.
If you have an interest in art and an eye for detail, this developing market could catapult you to the front of the pack. This could be the best market for you.
2. Organic and Kind Ventures
Restaurants are a tried and true small business sphere. Everyone needs to eat. Like the idea of a restaurant? If you’ve been trying to identify which industry is right for you, consider a restaurant that caters to the conscientious.
Reach a young, progressive audience with a mission that stresses pesticide-free produce and humanely-treated animals. Endless exposés on the meat industry and the plight of the traditional farmer have tugged at heartstrings.
This new exposure has created the perfect opening for a farm-to-table restaurant. People love to support businesses that share a mission they can believe in.
You don’t need to have another run-of-the-mill eatery. If you have a passion for animals, the environment, and delicious food, this niche could be the best market for you.
3. Healthy Living
Perpetual earners, businesses rooted in health and fitness are consistent performers. These days, everyone is looking to lead a more healthy life.
If you’re looking to get into the game as a fitness guru, consider a gym that focuses on HIIT training. Specialized instruction and class options will have people signing up to sweat it out.
In-gym opportunities help get people through the door, but it doesn’t need to stop there. Cultivating a strong online presence with workout videos for those at home or on the go can increase your audience. Your new venture will be on a roll.
If you love getting and being healthy, and inspiring others to do the same, you may have found your calling.
4. Meal Planning
Gyms aren’t the only way to get in on the healthy-lifestyle trend. Maybe fitness isn’t your thing, but you still feel passionate about living healthy. You might consider creating a service that puts together different meal plans.
Plan by the week and include a weekly shopping list. Put together different options for different dietary goals—clean-eating compatible, low sugar, high protein—and you’ll expand your market.
People love to feel like they’re taking a step toward a better, healthier, self. There will always be a market for clients looking to make a change. Making that change while adding convenience to daily life is undeniably attractive.
Today’s available digital platforms means this is a business you can launch with virtually no overhead costs. Put together your documents and have them available for instant download. In just a few clicks, you can be the entrepreneur you’ve always dreamed of.
Bookkeeping isn’t for everyone. You have a head for numbers, an eye for details, and like to keep everything in its place? Bookkeeping for other small businesses could be right for you.
Everyone needs to keep track of their finances, especially when it comes to running a small business. It’s also no secret that some people don’t have the patience or inclination to do it themselves.
A bookkeeper for hire can be an obvious, simple solution. With low overheads, bookkeeping is an excellent business to start if you’re looking for something without large upfront costs.
6. Personal Styling
Convenience drives choice in our busy world. We’re overscheduled and overcommitted, and put off even the things we want to do. Alleviate the chore of shopping by stepping in as a personal stylist.
If fashion is something you’ve always loved, a business where you act as a personal stylist and shopper might be appealing. Your clients will identify what general style they’re looking for and you’ll pull together the details.
You may have seen services like this, so don’t be afraid to make it fresh—choose a niche others haven’t. Whether it’s maternity clothes for the office or subject-specific items for an educator, there’s an audience out there for you.
7. Grocery Delivery
High on the list of things people have to do and don’t have the time to do, is grocery shopping. While some stores have instituted ordering online and curbside pickup, it’s just not available everywhere.
Now it doesn’t have to be. Willing to do the footwork, and deliver to your client’s door for a fee? A grocery order and delivery service could be your next best market.
8. Coworking Space
Remote working and coworking are on the rise. Now more than ever, people are working outside of a corporate office. They need access to internet and equipment. In response to this need, coworking spaces have begun to pop up.
Investing in a coworking space means investing in real estate. Real estate has been a proven way to spend your money and build equity. Choose a building and area wisely and your investment will increase in value.
While your property is helping you build long-term wealth, you can focus on the business side of the opportunity. You’ll be able to earn an income by renting out space to employees or companies without offices of their own.
A coworking space can provide that professional-office feeling and give legitimacy to employees and businesses. See if there’s anything available in your area. If there isn’t, you can safely assume there’s a need for it.
Pick a building in a viable community and start the transformation. Not only are you investing in your business, you’re also investing in the local community.
9. Handmade Markets
There’s been a push to bring back things we rushed to leave behind in the modernization of the 21st century. While gadgets and accessories are still appealing, small batch and handmade goods are back in the limelight.
Maybe you’ve always wanted a physical store front of your own, but weren’t sure what you would sell. A shop focusing on local and handmade items could be the solution.
While online marketplaces for handmade goods are visible and popular, people are reevaluating where they spend their money. You no longer need to visit craft fairs and flea markets to find the perfect, unique item.
A perk to a shop that focuses on local and handmade? You’re building up the local economy and reinvesting in your local community. You’re also giving artisans a valuable platform for their work.
10. Child Care Services
Most families today have two working parents. Navigating work and child care has become more difficult as our societal structure has continued to change.
With family no longer always close enough to pick up babysitting hours now and again, parents are facing a dilemma. Where will they find trusted child care providers so they can go to work?
An accredited child care facility with a licensed and professional team can be hard to come by. Parents wait on lists and register for more days than they need so they won’t lose their spot. You shouldn’t underestimate the appeal of a well-run child care facility.
If you love children, have interpersonal skills, and a mind for business, this might just be the choice for you.
11. Youth Enrichment
Perhaps child care isn’t quite what you had in mind, but you like the idea of working with children. You might consider a business that creates enrichment opportunities for youth.
Whether it’s music, yoga, or baking classes geared towards children, you’ll find there’s an audience for your time and talent. Running the business of your dreams while investing in the future generation has never been easier.
Youth enrichment niches are one venture that won’t require operating out of a brick and mortar building of your own. If you have an idea for an enrichment opportunity but not the space, contact other businesses and strike a deal.
Get in touch with community centers, libraries, gyms, and dance studios that may be looking to draw in new crowds. It may be easier to get started than you’ve ever imagined.
12. Skilled Trade
The last few decades brought with them a focus on the academic. More people were receiving advanced degrees and moving into the corresponding workforce. As a result, we’ve seen a significant loss of skilled tradespeople.
Whether it’s plumbing, electric, or woodwork, your hobby could easily become your trade. These companies are easily operated out of a home and can have low overheads.
13. Home Renovations
If you have a love for all things DIY, you are not alone. But so many people out there lack the ability or know-how to follow through on their vision. Running a home renovation and repair company means you can help bring their objectives to fruition.
You can do the work yourself or oversee a team of other professionals. Homes will continue to age and need repair. Homeowners will continue to want to update their space to match the current trends. It’s one area where work will always be available.
There’s no need to stop with just the construction. If you have a knack or passion for design, you can offer that as part of your services as well.
14. Pet Care Services
We lead busy lives. Many of us work long hours or travel for our jobs. For some of us, this means scrambling to find pet care for a beloved pet during our absence.
Whether it’s a drop-off doggy daycare, dog walking services, or an overnight pet-sitting gig, pet owners are looking for it. For many pet owners, these services are becoming more of a necessity than a luxury. Capitalize on that need today.
Feel like you have a knack for talking to people and getting to know what makes them tick? Being able to pass on skills to others and help them succeed at their goals can be a powerful thing. You may want to look into the self-help realm and become a life coach.
There’s no end to the ways we can improve ourselves and the younger generations are interested in figuring it out. Choose the specific area you want to focus on. It could be finance, relationships, or career goals.
Whatever area you go with, you’ll be helping others figure out the tools they need to be successful. There’s someone out there looking for a little direction and advice.
Get in the Game
There’s no time like the present. Entrepreneurs are hitting the ground running, and you could be one of them. If you’ve been mulling over the possibility, but haven’t been able to make the jump, maybe now’s the time.
Venturing off on your own is no small feat. You’ll want to identify exactly what direction you plan to move in. Lay out your goals and start to prepare. Before you know it, you could be one of those small business entrepreneurs you used to dream of being.
One of these ideas has piqued your interest and you’re thinking 2019 could be your year? Take it one step forward and put together that business plan. This next year could be your time to shine.