8 Hot Entrepreneurial Opportunities

8 Hot Entrepreneurial Opportunities

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If you have ever considered working for yourself you’ll be joining tens of millions of Americans that have ventured out on their own. Many started their businesses on the side and, once firmly established, quit their regular jobs to devote full attention to their budding enterprises. If you have ever considered working for yourself, the following entrepreneurial opportunities may be worth considering.

1. Healthcare Consultant. Who needs healthcare? You do. At least that is what the federal government says you must have. If you don’t, there is a penalty to pay for not signing up. Lots of people find the entire process confusing and a headache. Consider starting your own consultancy business to help people get the right coverage for their needs.

2. Tutor. With teachers busy managing increasingly larger classrooms, many students will slip through the cracks including students from wealthier families. Consider reaching out to these individuals with your tutoring abilities, offering help in reading, mathematics, science or some other subject.

3. Translator. Fluency in two or more languages already makes you an ideal candidate to start your own business. Provide translations services by transcribing legal documents or work as an on-call assistant to an executive that travels abroad from time-to-time. The options are many, the opportunities await you.

4. Contractor. You may not be a plumber, an electrician or a mason, but you’re good at working on your home and know people that do likewise. Take your management and organization skills to the home improvement market to promote yourself as a contractor. Work first with people that you know before casting your net wider.

5. Computer Trainer. As long as there are computers, people will be mystified by them. For some, computers are an extension of their work — if there is a problem, they’re sunk. Instead of running over to the PC geek specialists, you can bring your services to them. Defrag hard drives, upgrade software programs, teach a new program, swap out motherboards, you name it. Customize your services and charge by the hour or a flat rate.

6. Personal Care Provider. With America’s aging population, there are more older people on hand that need some extra help. Many do not want to move into an assisted living home, preferring to age in place. Some still need assistance with a variety of tasks including bathing, hair care, exercise, food preparation, and companionship. Obtain a home healthcare license or if you are already an RN, you can supervise providers instead.

7. Vending Machine Operator. Vending machines are everywhere, but many are operated independent of the store where they are found. They dispense candy, snacks, food, personal items and other stuff, a convenience that users appreciate. Put together your own vending network and serve your clientele. Those coins and dollar bills that come in add up quickly.

8. Electronic Device Repairer. With people using their electronic devices so much, breakdowns happen. And, few of us can be without our tables or smartphones for long. This is where you come in. By fixing problems directly, you can save your clients time and money. Offer a quick turn around service and you’ll attract people who cannot do without their devices for more than one day.

Getting Started

The examples here are businesses that can start from the ground up. Another alternative is to take over an existing business and reworking it to meet your needs. You can also get training from SCORE along with the guidance that these retired professionals offer to budding entrepreneurs such as yourself.

See Also12 Success Tips for Today’s Entrepreneurs

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