You might think the pandemic is the worst time to think of hot new business ideas. However, it might turn out to be something big.
For example, take a look at the healthcare startups in India. Many were able to make a profit during the pandemic by meeting the needs of people unable to physically go to a clinic.
A case in point is BeatO, a platform for diabetic patients that helps them monitor blood sugar levels. They were able to enhance customer engagement by 30 to 40% in the wake of the nationwide lockdown last year when access to diagnostics was severely limited.
Let’s look at other hot new business ideas that could make you money, even during a global pandemic.
Home solar energy set up
Topping the list of hot new business ideas is solar energy installation. India is one of the world’s biggest energy producers, as well as consumers of energy. Most of the energy consumed here comes from coal and other fossil fuel-run power plants.
Given the increasing problem of environmental pollution, the demand for clean energy sources is expected to be strong in the years ahead.
You could tap into this demand by purchasing solar equipment and installing it on roofs and apartment balconies. This cleaner power source could then feed into the main power battery of an individual unit or an entire building.
- All you need to do is to find the first 10 people who will pay you in advance.
- This will enable you to purchase the required solar panels you need to begin building from that first order. If you need more information on how to get started, check out this article by Startup Sutra.
- All you need to do is to find the first 10 people who will pay you in advance.
- This cleaner power source could then feed into the main power battery of an individual unit or an entire building.
There are a slew of hot new business ideas you can consider starting even during a pandemic. The crux of the matter is to zero in on what is likely to be in demand right now and in future. The ideas presented here cover the whole gamut, from renewable energy to making and selling digital products
2 Comments
Jaydeep Singada
April 24, 2021 at 10:59 AMlanguages, methodologies, technologies, tools, and more. IT consulting services are important for because the sea of options.
Nikesh Sagathiya
April 24, 2021 at 10:59 AMconsulting services are important because they play a vital role in businesses by covering the management implementation deployment and maintenance