1. Waste & Sanitation Management
In the world, about 11 billion tons of waste is being collected, which is currently making a whopping revenue of $410 billion.
Due to high demand on good hygiene, everyone wants a clean environment, but nobody is willing to do the dirt.
There are many usable products that can be generated from recycled waste materials some of which includes Plastic or Broken Bottles, Roofing Sheets, Slippers and Tin Cup e.t.c. As a small business owner, you don’t necessary have to be the one in charge of the recycling. you only need to look for waste products to give to the organizations that have a recycling plant and you will be paid for it.
Dropshipping is a business idea that enables you sell people product from the comfort of your home without necessary doing any Logistics . It is Less Expensive but a good Online store or website is needed. You only promote other international companies product on your website and people ordering get to buy directly from the Producer through your site while you get paid in commission per sales.
3. Alternative Energy for Homes
According to reports by Electricity Generating Companies, the power supply in Nigeria is 3, 851 MW.
Alternative sources of energy that can be used in homes come in various forms like Solar Power, Biofuels, Wind Energy, Biomass Energy and e.t.c . For entrepreneurs that have the knowledge and capital to execute this idea. this is the right time to build a solid business around the power industry which is over $40Billion
In Conclusion, thinking completely different is the best way to find these untapped business ideas and being able to address the market needs in other to timely execute it is important.