Let’s say that you are interested in the idea of going into business for yourself. Not everyone, of course, has a desire to take the risks and put in the work involved in starting up a business.
Starting a business is a lot like having a child. Not only do you have to prepare for your start-up emotionally and financially, but you have to be committed to its constant needs until it’s mature enough to move along on its own. And even then (much like a child) it will always need you in some capacity, no matter how old it gets.
If you have the entrepreneur bug and want to try some unique startup business ideas, we have compiled a list of five of the most profitable and unique ideas you can start today.
1. Service Drones
The usage of drones in business operations has broadened in different industries in the last few years due to their ability to drive efficiency and data analytics. VCs have invested a total of $1.5 billion since 2012 in drone commercial startups that are shaping the industry.
The commercial drone business represents the fastest growth opportunity, projected to reach $13 billion between 2016 and 2020.
Commercial Use Cases for Drones
2. Slack/Discord Channels
If you have a passion about a particular topic, instead of blogging - start a social chat channel. Using a subscription based revenue model, you can build a community of like-minded fans which then allows you to advertise to your niche market for additional revenue.
There are tons of benefits to joining virtual support networks.
You can solicit advice from people who are intimately familiar with your job, field, or even geographic location.
You can meet potential partners, team members, and mentors.
You can lessen the feelings of isolation that many entrepreneurs, freelancers, side hustlers, and solo workers experience.
You can discover and share valuable resources.
3. Refurbish Electronics
Often times people just throw away their broken electronics like laptops as it is too expensive to fix them vs buying a new one. Look on Craigslist and other websites for people giving away their old electronics and then make a deal with a local college that teaches electronic classes. The college students will benefit from troubleshooting and repairing the items for you so you can turn around and resell the item for a profit.
4. Chatbot Business
Chatbots have taken off massively in the tech community in recent years, with industries from hospitality to eCommerce. Many brands adopt chatbots in their services in an aim to deliver better customer service, as well as an opportunity to boost sales.
Customer service is probably the most popular example of chatbot adoption for businesses today. According to Gartner, chatbots will power 85% of all customer service interactions by 2020.
There are plenty of free websites that offer you the ability to program these chatbots without needing the knowledge of coding.
5. Outdoor Adventures
If you love adventure and the outdoors, you can start your own adventure company and become a part of $60-billion industry. You can start by offering trips to your favorite routes.
Be sure to take attractive pictures and post them on social media. Ask your clients to share their experiences and leave you testimonials.
A new government report shows the outdoor recreation industry accounts for $412 billion in economic activity, about $40 billion more than previously estimated.