🕵 This Week’s Top Ventures for Bold Entrepreneurs

From TV pitching to eco-conscious insurance, five opportunities for the fearless.

Habari, (East Africa), My Little Opportunist!

“Life is tough, but so are you.”

Let it be your guiding mantra…

In a world filled with challenges, the resilient entrepreneur sees a doorway in every setback. We scout opportunities for those who can turn tough times into thriving ventures. This week’s lineup spans industries, from revitalizing small-town pharmacies to pioneering eco-conscious insurance.

Let’s dive in!

Opportunity #1 - 📺️ Entrepreneurial TV: From Broadcasting to Bartering

Move over daytime soaps! Tune in, pitch, and bargain live. Shark Tank-style competition every day, but for the little guys.

Why now?: As shows like Shark Tank continue to garner millions of viewers directly inspiring entrepreneurship, there’s potential to democratize business pitching for the masses with interactive TV. This can tap into the USD 1 billion revenue of reality TV segments.

Region: United States

Investment Costs (Min - Max): $300,000 - $1,000,000

Current Rivals: Shark Tank, Dragons’ Den, Project Runway

Who Can Start This Type of Business (Skills Required)?: TV producers, investment consultants, interactive tech developers

Opportunity #2 - 💊 Local Pharmacy Revival Network

Sick of your small-town drugstores closing down thanks to PBMs? Let's bring them back, one step at a time.

Why now?: Pharmacy Benefit Managers (PBMs) are driving local drugstores out of business by underpaying them, which creates a market gap for innovative solutions to revive these local businesses.

Region: United States

Investment Costs (Min - Max): $250,000 - $1,000,000

Current Rivals: CVS Caremark, Express Scripts, Optum Rx

Who Can Start This Type of Business (Skills Required)?: Pharmacists, business strategists, healthcare industry professionals with knowledge of local and national healthcare regulations.

Opportunity #3 - 🍃 EcoInsurance

Insurance that actually wants to save the planet, rather than just ignoring it.

Why now?: With biodiversity and climate crises looming, companies are starting to realize that eco-friendly is not just cool, it's necessary. Particularly with $20 billion annually needed to combat biodiversity loss globally.

Region: Worldwide, starting with highly biodiverse but vulnerable regions like Madagascar.

Investment Costs (Min - Max): $2 million - $10 million

Current Rivals: Traditional insurance firms like AXA and Allianz, but they don't focus on ecological risks yet.

Who Can Start This Type of Business (Skills Required)?: Environmental scientists, insurance experts, and tech-savvy conservationists.

Opportunity #4 - 🧑‍🤝‍🧑Hybrid Onboarding

New hires confused, lost, and virtually in outer space? Onboard them with a helpful software that does half of the HR team's job!

Why now?: With hybrid work turning normal offices into a version of Hogwarts, tools helping employees ‘find’ their place are more vital than ever. Microsoft's study emphasizes its need.

News Trigger: Onboarding New Employees in a Hybrid Workplace (https://hbr.org/2024/06/onboarding-new-employees-in-a-hybrid-workplace)

Region: Global

Investment Costs (Min - Max): $50,000 - $120,000

Current Rivals: Zenefits (https://www.zenefits.com), BambooHR (https://www.bamboohr.com)

Who Can Start This Type of Business (Skills Required)?: HR professionals, software developers, UI/UX designers.

Opportunity #5 - 🧑‍🔬 Biobased Boom

Why stick with fossil plastics when you can flex eco in style? Meet the biobased plastic revolution.

Why now?: The EU is setting its sights on strict sustainability targets for biobased plastics with deadlines looming in 2025.

News Trigger: Integrate Biobased Plastics into the Revised EU Bioeconomy Strategy (https://www.euractiv.com)

Region: European Union

Investment Costs (Min - Max): $500,000 - $2,000,000

Current Rivals: Braskem (https://braskem.com); NatureWorks (https://natureworksllc.com)

Who Can Start This Type of Business (Skills Required)?: A chemical engineer or environmental scientist geek with a passion for sustainability strategies.

Did you find an inspiring idea, My Little Opportunist?

Login or Subscribe to participate in polls.

Thanks for reading!

p.s. Have a strong feeling or idea about this week’s newsletter? Hit reply, we always respond! 

Reply

or to participate.