Business opportunities

Did you know that in Australia, there is only one employment agency that specialises in employment for the over 55’s age group? This problem poses a challenge for all the young entrepreneurs. Maybe it’s your time to set up a business to help increase their employment opportunities.

Competitive advantages for young entrepreneurs

Would you pay a higher cost to ensure our environment is protected? A survey of Australian and US business travellers by the Centre on Ecotourism and Sustainable Development and the international Ecotourism Society found:

• 70 % of Australian travellers would pay a higher cost to stay in a hotel that was more environmentally friendly.
  
• 38 % of US travellers would pay more to use travel companies that aim in helping and saving the environment.
  
• 71 % of Australian travellers and 75 % of US travellers believe that when travelling to overseas countries it is important to not impinge on the local culture, and to keep your impact on the surrounding environment to a minimal.
  

From these survey results, it is clear that Australian and US business travellers are willing to paying a higher than average price in travel if the environment is being taken into consideration. This could be a great business opportunity to young entrepreneurs who want to help the environment and make a profit at the same time. Alternatively, this opportunity could also be taken advantage by those who seek to only make a profit or others who just want to help the environment.

Watch the trends - Create Opportunities

Hands up if you already know that you want to start a business BUT you don't have an idea? Ah yes, at least a handful. I often meet young people through my seminars and workshops who already know that they want to have their own business ("someday") but they haven't yet found that idea to move ahead on. Well, here is some help - watch the trends. Start looking at the statistics about what is happening out there, because that is where opportunity lies. What do I mean? Well below is a statistic I read in BRW recently - benign enough yes, but for the entrepreneur it is a light bulb flashing PICK ME! Have a read.....

Financial Planners Wanted
Australia will need 3000 new financial planners in the next 12 months to cope with growing demands for financial advice, particularly from baby boomers heading for retirement, according to Brisbane’s Griffith University. BRW June 2007

So if you are any way financially inclined then perhaps start training yourself up, and start your own financial planning business. Just you first, and then because of your awesome service and results for your customers you will need to get more people involved as demand for your services grow. And before you know it this trend you noticed as turned into a full blown business. Just like you have always wanted!!!

So what trends have you noticed lately that is a flashing lightbulb to budding young entrepreneurs?

Unmet needs of customers

Hunting for opportunities to get your feet into a new business? According to innovation consultants Strategyn Asia-Pacific, 7 out of 10 new product launches never go ahead, simply because the big guys aren’t looking for opportunities where there is that unmet needs. Do you think you are the one who could find out these unmet needs and take advantage of them? The opportunities are endless!

Opportunities for young entrepreneurs - biz in Fairtrade

Did you know… $8 million was generated from Fairtrade products last year? The market for Fairtrade products has grown by 50%, that makes it the fastest growing industry in the world!! What does this mean? An amazing opportunity for young entrepreneurs to take advantage of! If you are worried that there is no money in ethical or socially responsibly businesses these days, and it is all just about profit, think again! See how you can make the most of this growing market.