New Business Ideas for 2020: Beating the recession

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This video is not about the next unicorn startup, or a $1B business idea. It is about our new world reality, a reality in which 26MM people have lost their jobs and industries have been brought to a halt, and will take months or years to recover. We’ve gathered business ideas for everyone. They might not become unicorns, but can certainly provide a job, a lifestyle, and the potential to grow if you are good at it.

#slidebean #startups #business

1:03 - Ideas for a world in lockdown
1:45 - What to focus on
2:10 - From food to content creation: Business ideas

To me, being an entrepreneur was a choice. I went the corporate route and then decided to quit my job to start my own business. Not anymore. The next wave of entrepreneurs, the world will see, were likely employed up to March 2020, and their new businesses will come from necessity. The thought exercise for this article was, what if I had lost my job, what would I do? So billion-dollar business ideas don't come under pressure. They happen rarely, and they take months and years to test and develop. You might not have months or years. So if I didn't have a job, and couldn't find one, the first thing I'd do would be generating some income for stability, which would allow me to think straight and use my spare time to nurture that other idea. Finding a job is easier than starting a business- and if I were to find a job in today’s environment, I’d start by navigating my network, people I know, instead of applying to openings where I don’t have any relevant advantages. 

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