The COVID-19 pandemic had an unprecedented impact on the global economy, with many businesses being forced to shut down or face significant losses. However, some industries flourished during the pandemic, driven by changes in consumer behavior and demands.
In this article, renowned entrepreneurial expert Nihar Gala will help you explore some of the businesses that became popular during the pandemic and can still be started now.
Online Education Platforms
With schools and universities closed for in-person learning, online education platforms experienced a surge in demand. Online courses and certifications saw a significant increase in enrollment, and online tutoring and coaching services also saw a rise in popularity.
If you have expertise in a particular subject, you can start your own online coaching or tutoring business. You can also create and sell your own courses on various educational platforms.
Health and Wellness
The pandemic has led to a renewed focus on health and wellness, with people looking for ways to boost their immune systems and stay healthy. Businesses that cater to this demand, such as organic food delivery, wellness coaching, and virtual fitness classes, have seen a significant increase in demand. If you have a passion for health and wellness, consider starting your own business in this area.
As more people turned to online shopping during the pandemic, e-commerce businesses experienced a massive surge in demand. You can start an e-commerce business in any niche, from selling handmade products to dropshipping products. With the rise of social media platforms, it’s easier than ever to build an audience and promote your products online.
With people spending more time at home, businesses that offer home-based services such as cleaning, cooking, and home improvement have seen a surge in demand. You can start your own home-based services business with just a few tools and a website. With the right marketing and customer service, you can build a loyal customer base and expand your services over time.
Remote Work Tools
The pandemic has accelerated the shift towards remote work, and businesses that provide remote work tools such as video conferencing, project management, and collaboration software have seen a significant increase in demand. If you have experience in software development or IT, you can start your own business in this area. Alternatively, you can create your own remote work tools and market them to businesses that are looking to optimize their remote work operations.
With people spending more time at home, the demand for pet services such as dog walking, pet grooming, and pet sitting has increased. You can start your own pet services business with just a few tools and a website. With the right marketing and customer service, you can build a loyal customer base and expand your services over time.
Mental Health and Counseling
Lastly, the pandemic has led to a rise in mental health issues, with people feeling stressed, anxious, and isolated. Nihar Gala believes that businesses that offer mental health and counseling services have seen a surge in demand.
If you have a background in psychology or counseling, you can start your own counseling business. Alternatively, you can partner with licensed professionals and provide them with a platform to offer their services online.