2020 swept through everyone’s lives like a malevolent, slow, and terrifying storm. Beginning with the early wildfires in Australia and California and currently ending in the mad race for an effective vaccine, 2020 has gutted most economies and employment opportunities. While millions went on and struggled with the working from home setup, a handful of millions struggle with hunger as classes and school lunches get canceled. One American for every six, a chunk of which are children, are going hungry as of this date.
The most obvious and apparent way to get out of hunger and poverty quickly is through employment. However, the pandemic has left most businesses closed. Hence, employment is scarce. Nevertheless, the silver lining behind the conundrum is that other businesses related to the pandemic, directly and indirectly, are on the rise. That said, whether you are an investor or looking for employment, the following are great business ideas to implement or hop on board, especially at this trying time. Through luck, perseverance, and persistence, many jobs and businesses have survived through COVID-19.
Virtual Gyms and Skills Sharing Websites
Since most interactions can only be done through online mediums, virtual gyms and skill-sharing websites became a hit and are still predicted to become even more successful in 2021. While everyone is still locked in their respective homes, access to gyms and other activity centers were heavily restricted. To circumvent such barriers, gym teachers, fitness instructors, school professors, and other tutors opted to accept students willing to be taught online. Innovation and communication became the keys to business success.
Of course, pharmaceutical companies are all the rage nowadays. A career or an investment in pharmaceuticals, manufacturers of products that will always be needed, will always be bullish, even in 2021 and beyond. The need to develop new vaccines and medicines will be the new reality for the next few years. Having a toe dipped in a certified lasting industry is a wise idea.
Medical Supplies Companies
Due to the pandemic, medical supplies companies rose in status and value. Companies that produced personal protective equipment, medical air compressors used for hospital devices, isolation tents, testing equipment, and the like all had a high demand for their products. People are not allowed to wander and go out without face masks. Even after everyone’s been vaccinated, the demand for masks will still be there.
Consulting firms never wavered on their service even through the pandemic. While face to face transactions and wisdom exchange are disallowed, consulting firms thrived through virtual meet-ups and payments through online banking. It is also noted that the work-from-home setup is more efficient in time and resources.
Full-stack web development is a lucrative business taking the business world by storm. Although not new, the need for innovative and flexible websites and work systems is especially highlighted during the pandemic. As more and more businesses adopt the work-from-home office, the need for a full stack developer for applications and websites only increases. Website development ventures are famously known for having great successes even with a small team. Application developers can have a team of 20 to 50 people working for a few months on end. The developer TinyFrog is known for having a team of 50 people working on various office applications.
Even though the pandemic added multiple barriers to business enterprises, it did not stop the optimistic and the creative. While businesses shut down, a brand new breed of business ideas has displayed bull-like behavior. Their progress is predicted to go strong even after the pandemic subsides.