If you have a business idea for startup but don’t know where to start, here are some of the best and trending business ideas to consider. A few of these ideas, such as launching an AI-powered marketplace, might be more ambitious than others.
But all of them will make you more money than a regular 9-to-5 job, and we’ve provided links throughout the article to help you get started on your entrepreneurial journey with these best business ideas for startups in 2022.
Best Business ideas for startups (2022)
Handmade goods.
Handmade goods are popular, and people are always looking for different gifts to give friends and family. If you have a knack for creating something that you think others would want to buy, then this idea is right up your alley.
You can sell your handmade goods online or in-person (online or brick-and-mortar). You could also open up a pop-up shop just before Christmas or Valentine’s Day so that when someone is looking for something unique, they’ll remember your store when they see it on Instagram or Facebook. And if everything goes well with the pop-up shop, consider running it as a permanent store!
Robotics
Robotics is a fast-growing industry that’s only going to get bigger in the coming years. Robots are being used in more and more industries, and the need for robotics engineers is increasing. If you’re someone who likes technology, or if you’re a fan of tinkering with machines, then starting up a robotics business may be right up your alley.
One advantage to this type of business is that there isn’t much competition—yet. Robotics has only recently begun to gain traction as an industry in its own right (and not just as an adjunct technology), so there aren’t many people out there trying to do it yet.
Data analytics
Data analytics is a big business. It’s one of the fastest-growing industries in the world, and it can be applied to any industry.
With data analytics, you can improve your customer experience and increase efficiency at your business. You can also use this tool to increase profitability by identifying trends in customer behavior that will help you predict demand for products or services.
Data analysts work closely with both IT professionals and business leaders to ensure that information collected from multiple sources—such as marketing databases or social media posts—is properly analyzed so that companies can gain insight into their customers’ behaviors.
Mobile app development
Mobile apps are a great way to reach your target audience. You can use them to solve problems or provide services, which will bring you more customers interested in your business. If you’re looking for new ways to generate traffic, this might be a good fit for you.
Here are some ideas that may help you get started:
- A food delivery app that allows users to order food from nearby restaurants and have it delivered straight to their front door
- An all-in-one calendar app where users can add appointments from multiple calendars into one place
- A productivity app that lets people create tasks and reminders using voice commands
FinTech
Financial technology is a broad term that covers all the technologies used in the financial services industry. This includes everything from payment systems to blockchain and Robo-advisors—and it’s growing fast. According to PwC, the global FinTech market was worth $13 billion in 2014 and will grow to $23 billion by 2020, with $1 trillion invested over the next decade.
The potential for disruption is high, too: according to McKinsey & Company, banks are only using 10% of their data. As new technologies become more widely adopted in this area (and others), we’ll see many opportunities for entrepreneurs who can change how business is conducted in this industry.*
Business advice
Business advice is one of the most popular ways you can start a business. It’s also one of the easiest since all you have to do is give advice and people will pay for it. There are many ways to start doing this, but some of them require more money than others.
Here are some tips:
- Give your business advice in person or online; on forums and blogs, in e-books and videos, through social media posts – whatever works best for you!
- You don’t have to charge anything; people just want good information from someone they trust – so if that’s what they’re getting from you then thank goodness!
Drone business
The drone business is a booming industry.
If you have a passion for drones, you can start a drone business as a hobby and then turn it into a full-time business.
Vlogging or video production
Vlogging is the new kid on the block, and it’s a great way to make a living.
If you love telling stories and staying up-to-date on trends, then vlogging might be your thing. Vloggers (video bloggers) post videos online that are usually between 3 to 10 minutes long.
A lot of people do them live on platforms like Instagram Stories or Facebook Live where they talk about their day or give advice about certain topics like fitness, relationships, and cooking. Or maybe you have an interesting hobby? If so, try incorporating it into a series of short videos that can be posted online for others to see.
The best part about making money through blogging is that if you’re good at talking in front of the camera (or webcam), no experience is necessary!
You could use Snapchat or Instagram as a testing ground before launching a full-fledged YouTube channel with millions of subscribers following every step along your journey from rags to riches…well maybe not quite yet but one step at a time!
Artificial intelligence (AI)
Artificial intelligence (AI) is a broad term that describes a computer system—or, more specifically, the software running on it—that exhibits human-like qualities such as problem-solving and learning. There are three types of AI technologies:
- Narrow AI: systems that perform specific tasks like image recognition or language translation;
- General AI: systems with human-level intelligence; this level of capability still hasn’t been achieved yet but researchers are making progress toward it in multiple ways;
- Superintelligence: an intelligent agent that can design better versions of itself without any human input.
Cleaning services
If you’re a clean freak, then this business idea is for you. Cleaning services are a huge industry and there are plenty of people who need help keeping their homes tidy.
You can hire people to do small jobs like tidying up or washing the dishes and clothes, or if you have more money to invest in it, hire cleaners full time to work for your company.
This is also a great business because most cleaning services require little startup costs: all that’s required is some equipment (brooms/mop/bucket) and cleaning supplies (bleach, mop heads).
If you want to expand into larger-scale cleaning jobs like window washing or carpet cleaning though, then make sure you have access to those tools before starting your business!
AI-driven market research
AI-driven market research is the future of business.
It’s not just science fiction anymore—the AI market research tool you need to be using is already here, and it’s called MissQ!
Missi uses Natural Language Processing (NLP) to read your social media posts, emails, and website copy for keywords that indicate what you’re looking for in your product or service.
We call that “customer sentiment.” Our AI then processes this information to help you find out what people want from your company—and how they feel about their current experience with the brand.
You can use this information to improve your marketing strategy by targeting exactly which audience segments feel a certain way about their experience with the product or service (e.g., if they hate long wait times).
Our NLP system also allows us to monitor keyword trends across industries so we can give our clients a snapshot of who’s doing what in their industry right now—and who’s doing it better than others!
This means no more guesswork when it comes time for marketing decisions: there will always be solid data behind those decisions!
With these ideas, you’ll be on your way to starting a successful business.
You can set up shop with less than $1,000: In fact, there’s no reason you couldn’t get started for as little as $100 or $200. You don’t have to have a lot of experience:
Many of the most successful businesses today were founded by people who didn’t have any prior experience in their field. You don’t need capital: Small businesses can get off the ground by bootstrapping (using personal funds), taking out small business loans, or getting investors on board early on.
You don’t need employees or real estate: A lot of great companies started from someone’s garage or basement! Of course, if you do decide to hire staff and rent office space later on down the line—which many companies do—that initial investment will pay off quickly once your business takes off
Conclusion
At the end of the day, these are just a few ideas to get you started. If you have an idea in mind but it’s not on this list, don’t let that stop you! The main takeaway is that you should do what inspires and excites you. I think every entrepreneur will tell you that they had to go through some tough times before they finally achieved success. But if your goal is truly meaningful to you, then nothing can stop you from reaching it.
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