Business Idea and Startup
A startup is essential for economic development because it is the missing link between science and manufacturing. The scope of the projects is not limited to scientific, technical or technological direction and can support any trend.
What is a startup
A newly created company is called a startup. It is usually at a developmental stage, shaped by innovative ideas and not necessarily officially registered. The characteristic features of such a business project are the lack of funding and the fragile position of a business entity in the market for the provision of services, production or sales of products. To achieve this goal, risky decisions are often used.
Why a startup?
Large corporations successfully promote products that are already in demand and do not seek to implement projects that need to be developed for a long time into their plans. Their income is stable, and when promoting innovative ideas, it will be reduced due to the need to invest funds and scatter the attention of the business leader by creating an additional niche for earnings that will not be received immediately. Therefore, the founders of large business entities rarely engage in start-ups, since it is easier for them to create a subsidiary company or register individual entrepreneurship to ensure mobility and efficiency in the implementation of new ideas.
The founders of projects are not necessarily current business representatives, they can be ordinary individuals who have set a goal for themselves, are able to convince and work for the result.
According to the statistical data generated by the participants of the start-up community, entrepreneurs in the field of ecology, defense, science and culture have low chances for the development of projects. You can try to promote the project to successful results with a competent approach to business in a niche that supports mass market and education. Fast and overwhelming results can be achieved in medicine, tourism and communications. It should be noted that the forecasts formed on the basis of the analysis of historical data are not accurate, but they allow you to assess the current trend.
What is the key to success
Successful implementation of an entrepreneurial idea and its introduction to the market is the goal of any startup at the stage of its formation. However, not every project acquires this status. The reason for failure is the choice of an irrelevant trend or incorrectly organized business. So what is the key to success when implementing a business idea for a startup?
The main component of the project's success is an innovative idea, which should be unusual and fresh.
It is worth asking a search engine how to make money in 2021, as it will give hundreds of options. With so many choices, it’s hard to figure out what is really worth betting on.
After all, you want to open a business in a niche that will be profitable not only this year, but also in the foreseeable future.
Many of the startup ideas below have only recently started to gain traction. Choosing a trendy business always carries certain risks, but it can offer many benefits.
Some of the ideas on this list have already proven their effectiveness: they are safer, but the level of competition in these niches is higher.
In any case, all the examples listed below will help you make money in 2021 and beyond.
The drone industry is growing at a rapid pace. Scientists estimate that by the end of 2021 there will be 600,000 drones in use worldwide. Today they already know how to deliver parcels, monitor the state of the fields, and take amazing pictures. Interest in this market is growing so rapidly that by 2021 its turnover will reach $ 127 billion.
Selfie drones have only recently begun to grab the attention of the public, which makes them a great business idea. The gadget allows you to take selfies from any angle and distance.
Suggest this product to millennials (search for selfie drones) who like to take impressive pictures, and to children as a high-tech toy (type toy drones into the search bar).
This is how the dynamics of the popularity of selfie-drones in the global and Russian markets looks like:
HIIT Interval Training is one of the most popular niches in the sports industry. The fields of fitness and weight loss have proven to be stable and profitable in practice. Therefore, the risk in this case will be minimal.
The target audience for this startup is people who are addicted to HIIT training. You can offer them skipping ropes, medicine balls, fitness mats and weights. You can order these products on AliExpress, for example, medicine balls, ankle weights, jump rope.
There is no fierce competition in HIIT, so you can get the most out of paid search and social media ads.
"Startup" are companies on the Internet that are created from scratch and are intended for the implementation of a certain idea that has not yet entered the sales market. At times like these, profit growth and sales are expected to happen at lightning speed.
There is a myth that any startup is directly related to IT technologies, but we hasten to debunk this belief. For the first time information about the startup was made public in 1976. The creators of the Forbes magazine have always known how to attract the attention of the public, they were the ones who set the tone for modern business.
The concept has strengthened and firmly established itself on the market of economic services, having all the necessary conditions for its development. Startups were given the status of a "cultural phenomenon", as a kind of substance, consisting of the novelty and euphoria of scientific technologies. They became the very legend about the emergence and start of friendly teams, which was so lacking during the stagnant processes in capitalism.
Our Russian startups are another story. They are able to divide their filling with interesting facts of creation and demand 50 by 50.
The peculiarity of domestic products is that they are saturated with original ideas that are experiencing great financial hunger.
The main domestic startups, of course, are tightly tied to IT entrepreneurship. It is impossible to say for sure - is it good or bad? But the fact remains that we often buy an imported product. Since "own" does not confirm the declared quality.
There is another big problem - finding an investor. He, too, should be from "his" slightly turned on the topic of successful startups. Because banks often refuse crazy projects, and funds that provide loans for projects refuse such ideas, since the specifics do not coincide with their direct purpose.
However, time is passing inexorably, everything around is changing, and even the platform that the owner of the startup has plans for. Those ideas that just yesterday seemed like just a mega explosion in a technological breakthrough, tomorrow will turn out to be nothing special, long familiar and little surprising.
We can only hope for others, but we ourselves must not fail in search of a business savior. And then the thought arises to apply to a venture fund.
The author of the article is the Copywriter Kontur. ugalteria
What is a startup
A startup is a business, small or medium, that begins its journey in the market. Sometimes this term means an idea that did not exist before. A business startup has a minimal budget and a developed idea. Startup lifetimes are short - up to a year. Because it either develops, attracts new funds and receives investments, or because the idea is not viable, it closes.
Ride the trend
2021 will be remembered for its unprecedented quarantine situation. In a few weeks, many businesses have stopped, but online is booming. An excellent reason to think about how to transfer the usual offline business to an online format, make money on all types of courier services or predict what products will be needed in the near future.
- Food delivery from the convenience store. Imagine a hostess making dinner and suddenly finds herself out of flour, eggs, or onions. There is no time to run to the nearest store, ordering delivery in a large chain store is long and expensive. In this case, large chains that offer grocery delivery cannot always meet the demand for a small rush order. And here an offer (and a mobile application at the same time) for the quick delivery of essential products would come in handy.
- Atelier "Renovation". In the near future, we will most likely expect a drop in consumer demand due to the consequences of the coronavirus pandemic. But at the same time, deposits of clothes, shoes, utensils are stored in people's houses. If you combine an atelier for altering things with a collection point for unnecessary clothes and shoes and a store that sells original, topical things? This way you can help some people to attach clothes, while others get them and give old things a new life.
- Personal protective equipment design. Scientists predict that the coronavirus story will not be the last. Too much pressure on the environment, too much man influences nature. Thus, topical and fashionable means of protection may become a trend in the near future. Designers can show their imagination and develop original shapes and prints for masks, gloves, hats, glasses, protective capes.
- Service for online parties. With the introduction of quarantine, almost everyone learned to use Zoom, Skype and other video communication programs. Not only training and business negotiations, but also entertainment moved to the online format. In social networks, the call “Let's meet in the evening on Skype, talk, drink wine” is increasingly heard, and the culinary school even figured out how to conduct culinary courses in a shared video chat. The future belongs to services and applications that will make different types of entertainment convenient, fast, and in accordance with all the canons of UX design. Why not try making an online friendly party app?
Monetize your hobby
Another approach to finding a startup idea is to monetize a hobby or existing skill.
For example, if you sew dolls, you can either do a business of teaching needlework, or sell ready-made kits from pieces of fabric, patterns, accessories to create a doll.
A hobby assumes that you have enough knowledge of a topic to advise on that topic or take on a piece of work to help clients realize their vision.
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Four in the morning. The roads are empty. not quite, of course, Moscow never sleeps, but still there are fewer cars at this time.
The man looked around the entrance to the subway, the terminal station on the line. Then he got behind the wheel of an Evo IX parked next to the entrance. I started the engine, warmed up, took out a stopwatch and pressed the button. He immediately threw the stopwatch onto the right seat and, with the same movement, put his hand on the gear lever. Sharply cut the first and drown. The car perceptibly sat down on its rear wheels and pulled away with a squeal.
Nice night, cool, engine lighter. And dry.
Up to 80 in second gear, up to 120 in third gear. Faster!
The car was rapidly flying towards the region along the highway. The rooms are smeared with mud, the cameras will not record. The outfit will arrive too late, if at all.
Faster! The wheels screech at the junction. The body drags to the left, rest against the support of the seat. 150. Little!
And where are you from, it's night. Where are you going? Fast tags, enough space. Even faster!
Turn! Fitted in, though I had to change the lane and hook a little to the side of the road. At the exit from the turn - gas!
Drive with a high beam some behu, vomiting in the left at 160. More gas!
180. 200. a little! 220! The road is straight, there is an opportunity.
Houses and trees around the edges are smeared into two walls, the boundaries of the road. Attention narrows, there is only a narrow strip in front. Faster!