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Three Top Industries for Entrepreneurs in 2018

As we head into a new year, those in business and economics are already looking at the big trends for 2018, and it’s clear that some are emerging as front-runners. For entrepreneurs wondering where the money and success lies in 2018, there are a few industries that are shaping up to possibly be some very big winners for those looking to start their own business.

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Corporate Wellness Services

There has been a lot of interest in corporate wellness services over the past few years. Workplaces and companies are starting to realize that by providing these services to their employees they are actually helping to create employees that are healthier, happier, and therefore more efficient at their job. With healthcare costs on the rise for people and companies, these services can also help with preventative maintenance.

Between the years 2011-2016 there was an 8.7% annual enterprise growth and a 9.8% annual revenue growth. The year 2018 is expected to see the numbers continue to be strong.

Economic and Scientific Consulting

Consulting services have always been a popular route for entrepreneurs to take and now it seems they are looking at a new stream and that’s economic and scientific consulting services. In this industry, entrepreneurs are working to lead clients on a way to better grow their company and respond to today’s technological offerings.

Artificial Intelligence

If there is an industry that is red hot right now, it’s got to be the artificial intelligence industry. What’s so incredible about this technology is that it offers so many different uses across so many industries. We’re talking the healthcare sector, education, research and development, manufacturing and packaging, and many others.

What Kind of Entrepreneur Will You Be?

Now as far as entrepreneurs go it’s important to note that there are a few different types. It can help to identify which type you are so you can figure out what path and what industry is right for you.

Here’s a look at the types of entrepreneurs:

The Project-Oriented Entrepreneur – These people tend to be well-educated and tend to stay in their area of education/specialty with their business. Typical examples include film makers, graphic designers, textile designers, and authors.

The Traditional Entrepreneur – This style of entrepreneur is the one that has been at it for a long time and tends to focus on businesses for local community functions. This can include hair dressers, carpenters, restaurant owners, and mechanics.

The Lifestyle Entrepreneur – These are the dreamers, the ones who don’t necessarily have the educational background but have big dreams for starting a company. Typical businesses they can open include self-coaching, a glass artist, selling beauty and health products, and children’s book author.

The Growth Potential Entrepreneur – The final type of entrepreneur is one that usually works with technology, marketing, and development. These include software development, business intelligence, and communication management.

Entrepreneurs Have Plenty to Look Forward to in 2018

With these being just a small look at what is hot and trending with entrepreneurs for 2018, it’s looking like it will be an exciting and possibly very profitable year for them.