The great thinkers say that necessity is the mother of progress, that it is during the crisis that inventiveness is born, and that good ideas and business concepts are born during times when it seems that everything is scrambled. In addition to this, it is important to know that there are no bad times, only poorly prepared people. It is also said that good luck always comes to prepared people who, having an opportunity in front of them, take advantage of it and capitalize on it.
Turbocharge your ideas by joining rising industries and businesses that present excellent growth opportunities. Go with the flow and not against it. Learn about the most promising industries and start aligning your dreams.
Growing industries and businesses
Services for the elderly, retired, and disabled
With almost 30% of the population being “Baby Boomers” and almost 12,000 people retiring daily for the next 20 years, coupled with a longer life expectancy, high growth in service industries is expected for this sector.
Health & Wellness
For many reasons as important as the fact that human beings live longer today, or perhaps because of the alarming rate of obesity registered, among others, a wave of health and well-being is coming, and all its ramifications of products and services. Healthy food, gyms, training, diets, balance, and many others provide opportunities for industries in full growth.
Technical schools, occupational, short careers
Due to continuing high unemployment and the long drought, a huge wave of people is going back to school to learn new things, new techniques, skills to re-equip themselves and be ready for the expectations of the new economy.
Organic grocery products
There has been a rise in all organic products and it is expected that this wave will continue to grow even more. Society in general realizes the benefits of consuming food products free of toxins and organisms harmful to health. This goes hand in hand with the rising tide of health and fitness.
Physical Therapy
More due to the closure of the Baby Boomers cycle than to natural growth, the physical therapy services industry is growing and it is expected that this large group of people (almost 100 million) will require such services. The government also has investment plans in this sector to reincorporate disabled people who may still be in the labor sector.
The Beauty Industry
Many indicators show the revival of the beauty industry. From beauty salons, spas, masseurs, cosmetology, manicures, pedicures, creams, cosmetics, shampoo, teeth, lotions, etc., etc., they have been growing at a very stable rate. Without a doubt, despite the social problems in many areas, most people want to look better.
Health Technology
With the advent of fast and affordable technology, coupled with the green movement, there has been a great demand for programs and items that efficiently improve the healthcare industry. From the tools to the programs, they are well received and sought after by the industry. Digital programs and applications, automatic appointment systems, electronic databases, communication systems, collection systems, and many others.
Home Health Services
The aging of the “Baby Boomer” segment also marks an increase in the demand for home health services. This is an alternative to nursing homes, convalescent homes, gyms and hospitals that offer similar services in many cases, but with the convenience of being able to stay in the comfort of your own home.
Semi-fast casual restaurants
This segment is growing, semi-fast casual restaurants are a hybrid between fast food restaurants and conventional full service restaurants. It seems that the people have accepted and in many cases preferred this concept because it has the benefits of a conventional restaurant by offering good quality food and at the same time, it offers affordable prices and a speed similar to that of fast food restaurants.
Ethnic stores and supermarkets
Stores that offer ethno-centric products, especially groceries, are on the rise due mainly to the great growth of the Hispanic and Asian communities. The top 20 metropolises and largest markets in the US, such as Los Angeles, Chicago, New York, Las Vegas, Houston, and Miami, among others, have reported their growth rate very similar to their immigration growth.
Repair Services
It may be due to the tight economic situation for the general population, but there has been a growth in general repair services such as cars, houses, appliances, doors, windows, motorcycles, computers, etc. Many people prefer to fix their belongings before buying new ones.
Discount Stores, Balances, Used
From sports products to well-known brands, many people look for alternatives to save. This industry has always had a continuity but in times of recession it grows much more. In addition to this, the great abundance of “sale” products from companies that have suffered economic ravages have been forced to sell at discounted prices to free up space and inventories.
Street Vending Businesses
Street vending businesses have experienced a boom due to many factors such as the perception of affordable prices, ease of collection and acquisition, as an alternative to lack of employment (for entrepreneurs), availability of mobile technology, and in many cases the low cost of space because they do not pay or pay very affordable rent, and have reported average profits of 23%.
Mobile Apps
It is almost impossible not to know of a mobile application with any person. Applications to find people, offers, places, games, to calculate operations, translations, etcetera, etcetera. In short, there is a world of possibilities in terms of needs to cover or improve, whether for productivity or entertainment. This growth is expected to continue for years to come.
Subcontractors and alternatives
Many businesses have realized that thanks to technology, the reduction of time and borders (thanks to the internet), there are many ways to save by outsourcing services or obtaining products as alternatives. For example, many people hire programmers, designers, accountants, secretaries, and others through the Internet without having to put them on the payroll. A “call center” for example can be more accessible than hiring two secretaries.
Personal Development
Today more than ever the American population is in search of services and products that can develop them as a person and therefore improve their economy, their person, their family or their possibilities to do so. From live seminars to DVDs and self-improvement books, they are in demand like never before.
Online dating and virtual dating
Today more than ever Cupid’s work is very chaotic. Due to time barriers, continuous occupations, super social growth, how impersonal we have become and the lack of social spaces have made finding a partner or candidates a difficult task to perform. Technology makes this job easier and can even make it very efficient. Every day more and more people join these portals to find their better half.
Shopping on social networks
More than half of the US population belong to at least one social network like facebook, linkedin, or youtube. Statistics show that members of social networks make many purchases or are influenced to make certain purchases through these social networks. Internet commerce has entered social networks and is there to stay.
Software development / computer programs
Although this industry has been growing for several years now, due to the rapid changes and development of new technology it is expected to continue growing. Society in general is experiencing continuous changes, the economy is no exception, and both require continuous flows of new programs that facilitate, improve, change, or revolutionize existing regulations.
Video Game
Not only is the video game industry huge and rapidly growing, but even more so, there has been a wave of “gamification” where many companies want to develop video game-type applications and commercials. Because so many people are very familiar with video games, many companies have capitalized on this by making their commercials very similar to a video game and people have been very accepting of it.
The Green Movement
The vast majority of industries seem to agree on something, the green movement. It seems that the majority would like to be part of the change and the solution. There has been a demand for green products and services in many industries and at the same time this causes a reduction in general prices as a consequence making the movement more palatable.
Environmental Consulting
The great wave of the green movement coupled with stricter regulations by the government means that there is a great demand for environmental consulting services. How to lead a company or organization to be “eco-friendly” are latent and abundant needs.
