5 Ideas for Innovative Businesses to Start in 2019

5 Ideas for Innovative Businesses to Start in 2019

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Thinking of finally starting a business venture this 2019? You might end up being overwhelmed with the tons of opportunities that you can tap. With this, keep on reading and we will list down some of the best ventures that you might want to consider.

  • Bitcoin ATM

With the continued popularity of cryptocurrencies, one thing that you might want to consider is hosting a bitcoin ATM. This is a good idea if you already have existing business space, such as a gas station or restaurant. Putting up an ATM is easy since it does not require a big space. Plus, it is not capital-intensive.

If this sounds like a good business idea for you, a good starting point is to find the right company to provide the machine that you will need. In this case, check out https://www.coincloudatm.com/.

  • Educational Technology

In a list compiled by Entrepreneur about new-age business ideas, ed-tech is one of the most promising. Basically, it is all about utilizing technology for the purpose of education. This can be quite technical, so make sure that you have the expertise. One of the best ways to do this is to create a mobile app or website that focuses on educating people, kids or adults. You can also create an assignment submission portal or an online discussion platform geared towards education.

  • Virtual Reality

According to Statista, the global virtual reality market will have a value of more than $40 billion by 2020. With this, you can start investing in virtual reality gears and make them available for rent. All that you have to do is to be creative in thinking of how it can be used by your target market. For instance, it can be used in developing real estate marketing materials. It can also be utilized for employee training and team building activities. You can also build a place that is dedicated to virtual reality gaming.

  • Virtual Assistant Services

Doctors, dentists, architects, accountants, and other professionals can benefit from hiring virtual assistants. Basically, you will need computer and an internet connection. The services can include appointment handling and answering concerns from customers. This is a good way to earn money at the comfort of your own home.

  • Meal Delivery Services

If you love to cook, this will be a good business idea to start in 2019. While it is not entirely new, this will be a promising venture. It offers convenience to customers, especially for busy individuals who had too much of fast food and unhealthy meals.  For a unique selling point, you can deliver vegan, keto-friendly, and high-protein meals, depending on the demands. You might even want to consider pet food meal delivery.

Make 2019 the year to start an innovative business. Take note of our suggestions above to find a venture that will be profitable. Finding a million-dollar business idea is not a simple process. The good thing, you can always start small but dream big! Even without the luxury of financial resources, there is an entrepreneurial venture that can prove to be right for you!