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Do\nyou want to start a new business and profit from innovative upcoming trends? If\nYES, here are small business ideas for\nthe future year 2018 to 2020. Do you want to start a new business and profit from innovative upcoming trends? If YES, here are small business ideas for the future year 2018 to 2020. The hardest phenomenon to predict is the future, especially if you\u2019re still struggling to figure out what\u2019s happening in today\u2019s economy. But predicting the future is exactly […]<\/p>\n","protected":false},"author":1,"featured_media":932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_mi_skip_tracking":false},"categories":[4],"tags":[],"yoast_head":"\n
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\nThe\nhardest phenomenon to predict is the future, especially if you\u2019re still\nstruggling to figure out what\u2019s happening in today\u2019s economy. But predicting\nthe future is exactly what you need to do if you\u2019re enrolling in college,\nstarting a fresh career, or investing in new skills.
\nWhy Start\na Business With the Future in Mind?
\n
\nThe\nattribute of most successful entrepreneurs are those who don\u2019t follow the herd\nbut anticipate the needs of the market earlier than the competition. Of course,\nsuch anticipation is not without risk, but the payout can be considerable.
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\nAfter all,\nseminal inventions, such as the automobile, the Internet, and the smartphone,\nwere all regarded with high degrees of skepticism when first introduced.\nEqually important, the impact is not only cultural but economic as well.
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\nThe\nautomobile gave rise to a global network of small businesses, such as parts\nmakers, dealerships, and service centers. The Internet has spawned a host of\nonline companies, many of which, such as Amazon.com and eBay.com, have grown\nfrom small operations to very large ones indeed. So what are the small\nbusinesses of the future, and where will we find them?
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\nThe fields\nof energy and clean tech seem to be among the ripest areas for growth, as do\nnanotechnology, entertainment, and the growing demands of adapting the planet\nto accommodate its burgeoning population\u2013even if they might strike some of us\nnow as being a bit far-fetched.
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\nThe pace\nof change in the business world is faster than ever these days, thanks largely\nto globalization and digital technology. One way to zero in on fields that will\nbe hot in the future is to stay away from those that are not. Below are some of\nthe business ideas that will be hot in the foreseeable future;
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\nTrending Future Small Business ideas for 2018 to 2020<\/strong>
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\nData Crunching<\/strong>
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\nThe era of\nbig data is just getting started, with many firms eager to tap vast new\ndatabases to gather more info on their customers, their competitors, and even\nthemselves. The challenge isn\u2019t just crunching numbers; it\u2019s making sense of\nthem, and gaining useful insights that can be translated into a business edge.
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\nMarketing\nand market research are two growing fields where the use of data is exploding.\nWith the right gadgets and know-how, you can position yourself for this time\nbomb business.
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\n3D Printing Shop<\/strong>
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\nThe basic\nidea underlying this business is fabricating items in low cost printers. At\nthis stage in 2016, there is plenty of hype but 3D printers are still extremely\nexpensive. When you need a need a new lens cap? Print it! That\u2019s the idea\nbehind this.
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\nThat\u2019s the\nway of the future. Instead of the long processes and procedure of fabricating\nin a factory and shipping the item wherever it\u2019s needed, 3D printers are\nexpected to produce everything from architect models to sinks to spare camera\nparts. \u201cIt\u2019s already happening at service bureaus. It hasn\u2019t happened at a\nphysical shop like Kinko\u2019s, but it\u2019s very possible and soon
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\nComputer Engineering<\/strong>
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\nA lot of\nsoftware development is done overseas these days, but the need for high-level\ncomputer experts able to tie systems together is still strong. In finance and\ninvesting, for instance, high-speed computing is increasingly a prime\ncompetitive advantage. And most big companies will need networks that are\nfaster, more seamless, and more secure.
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\nAsteroid Mining<\/strong>
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\nRight now,\nthis idea is slightly beyond sci-fi. The idea underlying this future business\nis exploiting and exploring space. Since resources are running out here on\nEarth, the value of rare metals and minerals may someday be worth the cost of\nlunar or asteroid mining, especially when you consider that deep sea drilling\nrequires investments of billions of dollars.
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\nIf you\nrealize that everything we hold of value on earth is in near-infinite\nquantities in space, you realize there will be vast wealth created on the space\nfrontier. Many entrepreneurs are not concerned with the difficulties inherent\nin mining an asteroid; as they are already convinced it\u2019s possible and\nlucrative.
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\nScientific Research<\/strong>
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\nNew\ntechnology will continue to generate breakthroughs in medicine, manufacturing,\ntransportation, and many other fields, which means there will be strong demand\nfor workers schooled in biology, chemistry, math, and engineering. Some areas\nthat show particular promise: biotechnology and biomedicine, nanotechnology,\nrobotics, and 3D printing, which allows the manufacture of physical products\nfrom a digital data file.
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\nBody Part Making<\/strong>
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\nThis has\nto deal with the use of degrading polymers and stem cells to engineer tissues.\nThis is not about growing a foot or an arm in a lab. It\u2019s about growing skin or\ntendon or muscle\u2013in other words, single types of tissue. But the possibilities\nare immense.
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\nFor\ninstance, a Connecticut company already has the tech and they are working to\nheal ACL tears without taking tendon from another part of the body to\nsurgically repair it. The company uses a degrading polymer placed where a tear\noccurred and lets stem cells in the blood do the healing. Using a device that\nlooks like a high-tech shoelace, it\u2019s braided. It looks like about a 5-inch\nshoelace from your sneaker made from very small fibers, like smaller than a\nhuman hair.
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\nMarriage Counseling and Therapy<\/strong>
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\nThere\u2019s\nnow widespread recognition that mental health is as important as physical\nhealth, which is likely to increase demand for professionals in this field. The\nBureau of Labor Statistics expects the need for marriage and family therapists,\nas one example, to grow 41 percent by 2020.
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\nBottled Air Company<\/strong>
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\nThe idea\nis using this ubiquitous natural resource as product but it is still at the\nstage of space balls. If water can be bottled and sold, why not air? In 2009,\nbottled water was a $10.6 billion business that involved packaging 8.1 billion\ngallons in the U.S. But air is somewhat easier to find than a cold sip of\nwater.
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\nStill,\noxygen bars went through a mildly popular phase in the \u201990s, and seven or eight\ncompanies still market oxygen canisters to the action sports set. \u201cIt increases\nthe oxygen content in your blood and gives you a boost when you\u2019re tired or\nfatigued. Thus far there are no plans for pure mountain air in bottles, unless\nyou\u2019re talking pure irony.
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\nCar Charging Station<\/strong>
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\nIt\u2019s\ncommon knowledge that electric vehicles is already in the U.S. Auto market and\nhundreds of charging stations have been built, thousands will have to be built\nto cater for the increasing consumers. The all-electric Nissan Leaf completely\nsold out before the car even arrived in U.S. showrooms.
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\nWith that\nkind of demand, the charging stations to get those cars running are also going\nto be in high demand. The idea is to ensure that people don\u2019t hesitate to buy\nelectric because they\u2019re worried about fueling. The key is that they fuel a\nlittle differently.\u201d In general, the cars take hours to charge, so stations are\nneeded where cars are parked.
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\nVeterinarians<\/strong>
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\nTwo out of\nevery two people love pets and they are more popular than ever, and some of\nthem get medical care that\u2019s practically fit for a human. The BLS expects the\nneed for vets to rise 36 percent by 2020.Every household owns a pet. But due to\nthe hurry burry life style most of them have find no time to take care of their\nlovable pets which makes the pet care to be consider as the best business to\nstart in 2014.
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\nAccording\nto \u201cAmerican Pet Products Association\u201d this pet care industry grows by 5%each\nyear. Pet care industry includes the services like pet sitting, pet mobile\ngrooming and assisting the people who want to grow farm animals like bees and\nchickens in their home located in city etc.
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\nDNA Design Firms<\/strong>
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\nIf you\ndon\u2019t know, reading DNA gives clues to disease. At this junction in the history\nof human existence, DNA reveals some diseases, much more to come if we invest\nin this area. But testing DNA for patterns that correlate with diseases won\u2019t\ndisappear so easily. BioNanomatrix, a Philadelphia company that provides\ntechnology solutions for reading DNA, is working on a grant to get DNA\nsequencing under $100 by 2020.
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\nThe\nlong-term possibilities of cheap DNA testing involve a better understanding of\naging and endless possibilities for new ways to cure and treat disease. The\ngreat dream is that you take a person\u2019s DNA when they are a baby and you\nprofile it in a very thorough way, which can make easy the prediction of the\nhealth status of the baby.
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\nGreenhouse Gas Auditors<\/strong>
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\nThe Idea\nis about private companies auditing polluters, at this stage, it is still\ndependent on policy making. Doing a greenhouse gas audit is endlessly\ncomplicated, because so much of our daily lives, from heating to transportation\nto food, involve contributing to climate change. As policy shifts to stop\nimpending environmental degradation, the jobs will follow.
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\nThere are\ngoing to be a more roles related to greenhouse gas management, auditors are one\nrole that a lot of people focused on initially. It has been the most clearly\ndefined role in these early days of carbon markets. But there will be a whole\npopulation of carbon specialists. In the end, the objective is to make the\ninformation that has been collected useful. And that depends in large part on\npolicy.
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\nHolographic Theater<\/strong>
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\nRight now,\nthe idea is beyond 3D. The hologram of today is a clever version of an old\nillusion called Pepper\u2019s Ghost. In the mid-19th century, the trick was done\nwith thick glass between the audience and image that could make a figure appear\nto be floating in the air.
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\nCurrent\nillusionists use highly reflective polymer, invisible to the audience, to\ncreate life-size images. A top application for the technology is using\nholograms for real-time telepresence for meetings. The capacity already exists\nfor numerous people in different cities to appear on stage on another\ncontinent, in real time. Of course, hologram theaters could replace 3D, as\nwell.
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\nJet-Pack Dealership<\/strong>
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\nThe idea\nis hinged on personal flight. It is actually commercially available right now\nbut has not been embraced by consumers. An aircraft company is already taking\norders for the first commercially available jetpack. It\u2019s recreational, so\nyou\u2019d need to go fly in a field somewhere, rather than to work.
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\nIt\u2019s also\nexpensive, stating a price of $100,000. If that price comes down, however, it\u2019s\nnot hard to imagine that folks might want to fly to work instead of drive. That\nis, until air traffic looks like the freeways of today.
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\nLunar Tour Guide<\/strong>
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\nThis is a\nform of pay to play lunar travel and will be available in the next few years.\nAccessing space used to only be the province of governments or large aerospace\ngiants. That is no longer the case, with numerous companies sending paying\ncustomers into the heavens. That may go a step further, with lunar missions, in\nthe next five or 10 years.
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\nEver since\nEugene Cernan stepped off the moon on Dec. 14, 1972, the moon has been devoid\nof human contact. The next person to return may well pay for the right to do\nso. Space Adventures has commenced the business, by planning a lunar mission\nfor tourists in the next three to four years.
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\nMarijuana Cigarette Maker<\/strong>
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\nThis is\nalready in the black market but this idea is built on the legalization of\ndrugs. California\u2019s legalization measure didn\u2019t pass on Nov. 2, but California\nand a number of other states are already well into a gray area of legalization.\nFurther, legalization advocates say the vote itself was as step forward.
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\nIt\nelevated and legitimized the discourse about marijuana legalization like\nnothing ever had before. It shifted the debate from whether marijuana should be\nlegalized to how. For the small pot farmers and joint rollers, business is\ngood, and few are looking forward to the Phillip Morris of weed. That doesn\u2019t\nstop the push for legalization.
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\nMeat Grower<\/strong>
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\nCan you\nimagine growing meat in the lab? That is what this is about. Even though this\nis already being done but the taste is not there yet. Using techniques that\ncome out of stem cell technology, numerous groups of scientists have grown meat\nin the lab. Stem cells are placed on scaffolding and soaked in nutrients to\ngrow.
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\nPeople for\nthe Ethical Treatment of Animals (PETA) are behind the push for lab meat. In\n2008, the group offered a $1 million prize to the first group that can grow\ncommercially viable amounts of chicken meat in a lab. New Harvest is a\nnonprofit founded by Jason Matheny in 2004 to do just that.
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\nNano medic<\/strong>
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\nThis is\nthe use of nanotechnology for the reparation of cells. A report commissioned by\nthe British Government earlier this year, \u201cThe Shape of Jobs to Come,\u201d flubbed\nin suggesting that nanotechnology would lead to subatomic medical treatments\nand hence, Nano medics. We\u2019re on board with nanotechnology providing advances\nin medicine, but this was a problem of size.
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\nBruce\nDonald, a computer science professor at Duke University, has been creating\nmicro robots that could possibly insert electrons into neurons in the brain.\nThe world\u2019s smallest untethered, controllable robots, Donald\u2019s Nano bots are\nabout 60 microns wide (200 could fit on an M&M). It\u2019s not hard to imagine\nmedical applications for the robots.
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\nNanosatellite<\/strong>
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\nThis idea\nis about making things smaller than it was half a century ago. As satellites\nget smaller, the costs of launching them get lower. That\u2019s the major limiting\nfactor. Nano satellites and the even-smaller picosatellites can be packed with\nall sorts of useful equipment that have business applications.
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\nThe types\nof nanosatellites and microsatellites that can be built by small companies and\nuniversities will become more robust. We\u2019re heading in a direction where small\nteams and small companies will be able to do far more in smaller packages.
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