What's up you guys welcome to moneytipslife.com today i am going to talk about Small Profitable business ideas new in market 2020 on recent trends recent growing in markets.

that's play very important role if you decide to start your own business your motivation shouldn't be because marina said it's gonna be a great business your motivation should be wow I love this market I've been on it for a while or maybe you've thought of it for a while and then marina mentions something that is growing maybe this is the right time maybe this is the trigger for me to go and start something there so always listen to your heart.

so obvious right  but that's the only thing they're gonna take you through all the problems that you can encounter when starting a business and this will make you successful person in world.


Small Profitable business ideas new in market


1.Co-working space business


Small Profitable business ideas new in market


This is the first Small Profitable business idea starting a co-working space and I know if you live in a big city like Mumbai, Delhi, Bangalore there are plenty of co-working spaces but I also find that when I travel to smaller cities I struggle to find the right place to work out of Starbucks yes a pretty common place to work from like a lot of people bring their laptops .

but I just don't like this barista coffee machine sound it distracts you from anything you do I don't like people walking around all the time sometimes maybes come in and start crying you know there are so many factors that just distract you and I wouldn't mind paying what I paid to Starbucks and like coffee fees to a small co-working space.

what I've seen in other countries what people do they rent an apartment and convert it into co-working space just for friends and they come and work out of there of course if your landlord allows that but people all over the world are looking for smaller places to work out of and remember.

 we're looking for a smaller office like a hundred square feet office and we couldn't find it so in some cities there's definitely a problem with finding the right place to work out of and especially because a lot of people are starting to work from home and there are so many people who just don't want to stay at home for 24 hours a day co-working space is a great opportunity. 


2.Posture corrector business


 

This business idea hits 7,40,000 Google searches last month do you know what it is it posture corrector our normal posture these days. it is not normal for our bodies this is why a lot of people go to cut to see chiropractors that's why I have massage weekly because otherwise my shoulders are just stuck posture corrector is your business idea. 

so you've probably seen them on Facebook you put this small device in your back and it vibrates whenever your posture is incorrect I haven't seen a lot of businesses in that space and with this trend 74,000 searches a month there is definitely space out there for another company and with any market that is just starting to develop.

I think there's always space for like two or three big companies because I remember when car sharing business just started to become big there was over and then suddenly lyft appeared and I was like wow why would people start another company on this market and now lift is huge so it's because you know

you can always make something a little better you can always make another better offer for your customer and this is how you get clients and ever-growing market business.


3.Exercise Business

 

exercise


Everybody understands that exercise is important everybody understands that the best way to gain muscle strength is to exercise every day but actually starting to exercise on any taken day is a huge problem and what I feel is when I get new sports clothes when I buy a new fitness course when i download another app that's another trigger for me to actually start exercising.

I think this is why this market has been growing so steadily and if you're a fitness coach for example and you have your offline clients I think the first step into going to this bigger market of online fitness instruction is to tell your clients like hey I was thinking you come to train every day at like 7 p.m. why don't you take my online class to exercise every morning as well because this is a great start of your day and for it's just $20 a month.

I would provide you with like monthly set of exercises to do at home and this is your first step because you don't have to rush and create a mobile app right away and then you will think of ways to evolve this online thing because again it's growing really fast. 


4.Makeup business


makeup

 This is the fourth Small Profitable business idea don you know the market size of cosmetics 3.4 billion dollars this is the market size for men's cosmetics and there is a niche that has been growing really fast.

one billion-dollar market remember Dollar Shave Club and all that stuff 1 billion dollar market shaving cosmetics why because 60% of men in India  have beards and this is the whole new market.

you start with razors you start with creams and then you go all the way to beard oils two different things that you can Tec rate your beard with one billion-dollar market and I think this business compared to some others that I've mentioned before it's pretty easy to start.

Another formula is if you're already in cosmetics business  that you would need to create and like another marketing strategy but it's always good to be on a growing market it's always great to start before it reaches its peak and I still think it's on this growth curve right.


5.Food Truck business

 

food truck


If you love cooking if you like food industry there is a solution for you with 10 to 20 percent failure rate which is like almost 9 times lower food truck business you see those food trucks outside for example here in Mumbai we have those streets where every day from I know 11 a.m. to 2 p.m. we have several food trucks come over and bring foods from you know different cuisines.

We have like Russian truck we have cheekily or whatever like we have so many things this business is pretty easy to start because you don't need to rent a place you don't need to hire a lot of people you just turn in the food truck or you buy a food truck depending on your financial resources and then you figure out where you can go and then every day you can just go to either the same place or different places and again because the failure rate is really low I think it's a great way to start your way in the food industry. 

 

6.Healthy Fast food business


fast food

Healthy fast food if you've ever been to India and if you've ever traveled by car in India you've probably been to there gas stations with that prosciutto and mozzarella and arugula salad and those truffle oil sandwiches like this is the best place to eat in the whole Italy like those car stops are amazing.

what happens in the India when I travel from Chandigarh to Delhi by car I take four boiled eggs celery hummus beans because otherwise I would be stuck with KFC and subway and healthy fast food is such a problem if you are outside the big city and I think this is a huge opportunity especially guys if you live between Chandigarh and Delhi so many people who are worried about their health and who want to eat healthy they struggle so if you go to one of those places where they have all the restaurants and start a healthy fast food.

I am I would be the first one who would advertise you for free first of all and then please research this opportunity like even airports I don't want an airport they have bread a man chair I don't know what's the right way to pronounce it but they have this amazing a crab salads they have avocado salad.

what do you find in India airport you find a lot of sandwiches you find soups that you don't really want to eat because they don't smell well so healthy fast food. 


7.Reusable bags business

 

Small Profitable business ideas new in market


This business idea trending right now in 2020 and I think this is one of the best trends and new in market. I've seen people tell me on Instagram like they DM me stop using plastic glasses whenever they see me well may be like a plastic bottle they would DM me and remind me.

we have to be mindful about our planet and I know that there is a lot that can be done and Finland is a great example here they do a lot of recycling in the India I think Delhi is is a great example in terms of you cannot get a free back when you do your groceries you need to pay at least like 10 cents to get a bag and in a lot of shops the bags would be paper bags instead of plastic bags.

which is amazing and with this 10 to 20 cents fee people are encouraged to bring their reusable bag and this is actually a huge business opportunity because you know reusable bags tend to be bulky that it'll be huge and you wouldn't really cure them with you but if you make it fold able.

if you make it stylish so I wouldn't need to carry like my standard bag I would just take my reusable bag and put my things into it.would be amazing or a convertible bag this is a huge business right now and I see a lot of people doing it and if you're from the India look at your local market if you're from another country look at your local market as well because I think this market is underdeveloped in a lot of countries outside the India. 

 

8.Smart apparel business.


Small Profitable business ideas new in market

 

This business is smart apparel do you remember some smart hoody people like every second person in Silicon Valley had it because we travel so much he had an inflatable pillow that was inside that hoody the hood could be converted into something that protected your from light it had a charger it had like everything you need when you travel and there were thousands of those hoodies sold online through platforms like Flip-kart, Amazon like all of those crowdfunding platforms.

Smart barrel industry is projected to hit four billion dollars by 2024 and if you're a designer for example and you want to continue in the design business but you think that you know just making another sweatshirt or no the t-shirt wouldn't be that lucrative probably what I would do I would partner with somebody who knows how to create technological stuff like recently met guys who are doing t-shirts that change their color so you don't have to buy like five different t-shirts you buy just one and there is this fabric that changes its color and there are two people working on it a designer and a guy who knows how to create this fabric.

so finding someone who can bring technology into your designer business could be a game-changer because again people are looking for smart clothes would love a sweatshirt that would warm itself up when it's cold outside or when it's hot outside to cool itself and I know there are a lot of people trying to build something like this so go ahead check Flip kart check out Amazon  look what people are buying and then find a partner and create something amazing of your own for this market.

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