Top 2 Small Business Ideas for 2013
No, it’s not a typo. Yes, it’s not 20 or 200… it’s 2. Why many more ideas if 2 ideas are all you need to establish a successful small business in 2013? Curious? Well, read on to find out how these 2 ideas can bring you to business success.
I’ve received quite some feedback on business ideas I often propose on my blogs, including Noobpreneur.com. While an idea is what you typically need to kick-start everything else, it means nothing if you don’t have a “mean” to turn that into reality.
One entrepreneur told me that getting funded by a popular venture capitalist (like Guy Kawasaki, for example) it the key to startup success. Another entrepreneur told me that while starting a business based on your interest could be lame and don’t actually guarantee better success rate, it can help you fuel your much-needed drive to navigate your business through difficult times, especially during the startup phase.
Inspired by those two entrepreneurs’ opinion, I conclude that there are two small business ideas you can start. Of course, there’s a note to that: These 2 ideas are the “fundamentals.” There are literally hundreds “sub-ideas” that can be derived from those 2 – with a little imagination, you can get a mountain of ideas.
Intrigued enough? Let’s get down to business – here are just 2 ideas you need to focus on in starting a profitable business in 2013:
1. Start a business that solves problem
Cliche, but the one and only truth often underestimated by budding entrepreneurs. Want a successful business? Just start a business that solves problem. If you don’t particularly solve problems (e.g. copy what others do and adapt the “formula” for a specific niche,) success is possible, but it might need more resources to achieve.
For instance, just forget it if you want to be the next Facebook. Unless you are very, very blessed, chances are, it would be difficult to build the next Facebook for many reasons. However, you could possibly build the next Facebook if you can fix what’s broken with Facebook and you get funding from well-known VCs (venture capitalists). Why? You will need the media to buzz your startup and such VCs can leverage your effort. You also need support from a very strong team to enable you to challenge the “status quo.”
Perhaps a better chance for the rest of us to be successful is to solve problems – no matter how little they are – by developing a product or service that focus on them, instead of trying to copy-and-paste your competitors and eventually end up in price wars. It’s pretty straightforward, really.
For instance, you know how things can be very frustrating when you are get poor products and services from big brands. Yelp! review or RipOffReport can get you heard, but that doesn’t mean you will get your complaint resolved. The better way? Gripevine.com solves the problems by connecting you directly with company decision makers to get your voice heard and complaints resolved faster, better.
Need a less-techie example? Okay – let’s try eateries… want to start a restaurant (or a food truck, if you will) that actually solves problems? Check this out: French restaurant Mon Histoire dans l’assiette offers cuisines that are free of 11 of the most common allergens, giving peace of mind for customers sensitive to allergens (via Springwise).
2. Start an interest-driven small business
Some entrepreneurs suggest that building a business based on your interest and hobby is probably your biggest mistake in entrepreneurship. One of the main reasons is that when your hobby is turned into a business, it’s no longer fun and will soon lose your appeal. Stats also prove that hobby-based business don’t have better success rate than the rest.
However, I agree to small business owners who testify that running a business built upon their interests and hobbies means that when things are not looking so good their passion helps them survive, even thrive.
This is particularly true in my case; I enjoy building and running websites, and things are not always a smooth-sailing. There are ups and downs, and while there are times that things are frustrating to me, my passion for everything web business has helped me survive and thrive. If I’m on online business just for the money and potential, I don’t think I’ll have the drive to hustle.
Are you passionate about writing? Get started with being a freelance writer, and start building credibility. When the time comes, you can “upgrade” your career from a freelancer to a small business owner by establishing a business around your writing passion. For example, you can start a content writing business, allowing businesses to “buy” your service and/or content.
Here’s another example… are you enjoy starting up a web business but lousy at growing them? Then start a business offering website building service, helping your clients to get fully operational web business without even lifting a finger – and offering outstanding support to them.
One more example not related to tech and the web: How about starting an all-in-one pet shop with multiple streams of income potential? While selling pet products have its ups and downs – just like any other retail shops – you can add pet training, sitting and grooming services to your lineup. Knows how to persuade a cat to behave better? You might want to add “cat whisperer” service to your lineup.
As you can see, the possibilities are limitless! And those examples mentioned are derived from just 2 inspiring ideas. Chances are, you don’t need 200 small business ideas to get you inspired; you only need t-w-o.
I can see a light bulb pops up above your head… well, don’t switch it off by doing something else! Start writing on your notes on the ideas you just discovered – now. Then start looking for more information on what’s required to make your particular idea into a reality.
I can also see some of you are not sure about the ideas I present. Indeed, too simple ideas are often appear stupid. You might want to find more “acceptable” ideas from other sites… no worries, mate! Any business ideas from any reputable business websites are great, definitely. What’s important is this: Be sure that you take action on the ideas you are interested in. No action, no reaction. That’s the law of physics that also applies in business.
So, what do you think – any ideas popping out? If so, please share yours by leaving your comment on this blog post!
Best ideas to start 2013