Welcome Guest | Register | Login


If you are starting a business in Philadelphia, then you are in luck. While you might feel overwhelmed with figuring out what kind of business you're going to start. It's not going to be as difficult as you think. Philly has a range of market opportunities that work well for startups whether you are focusing on technology, service, design, or some other key need.


Here are some ideas that can bring back major returns for a startup: Great Startup Ideas to have in Philadelphia


Health

You can't get much broader than the health market if you want to create a startup that appeals to the most amount of users possible. However, be careful of going too broad. There are already enough people interested in the general health market that you have plenty of room to specialize.


If you niche down on something like health for people looking to increase muscle, reduce their weight, or improve their marathon time, then you already have a smaller segment to focus on. This will allow you to test your marketing more inexpensively and gain a deeper understanding of your market.


IT

It takes minutes for hackers to get into your system, grab data, insert viruses and other malicious code, and get out without you even noticing. The implications of this, from making your customers vulnerable to leaking company secrets, can be disastrous for businesses.


If you or one of your core founding members has a background in IT or network security, you can leverage this to provide a crucial services to businesses in Philly. And hiring should not be an issue, as Chicago resume writers will tell you they're preparing more people than ever for a career in IT. In addition, your proximity to other major cities expands your potential market by a large margin.


Fitness

There are a lot of metrics that people can track to improve their fitness. And now, more than ever, people are using their phones to help them achieve their fitness goals. If you create an app around this need, you can have a scalable business that allows you to generate cash flow or build to an exit or IPO.


Finance

Banks and large financial institutions all have offices in and around Philadelphia. FinTech is a growing field that is affecting every corner of the planet. If you can help financial companies grow their revenue, reduce costs, or improve the experience for their customers, then you can generate a large amount of business quickly. In turn, you can invest more in rapid expansion to quickly become a major startup.


Food

From logistics, to franchises, to healthy food alternatives, you can make a living in the food industry. As a startup, ask yourself what your key advantages are over the competition. You might find that you appreciate logistics, design, or another area of the food industry. Follow this hunch and see where there is an unmet demand.


Fun

People spend a lot of money each year trying to have fun. Businesses are all about solving problems. And not having fun is a problem that it pays to solve.


Consider a promotions company. Or offer niche entertainment services. There is a wide variety of potential startup ideas in the realm of helping people have a good time. Don't limit yourself to live events, either. Web content is a fast growing segment of entertainment that is easily scaled to reach a global audience.


Consider investing in camera and editing resources. Great video converts more than ever. Then, make sure your marketing videos help position you as the premier fun startup in the region.


If you want to get the most out of your time as a startup founder, you need to choose a market that is big and hungry enough. Once you know that there is a major need that needs to be filled, you can get your marketing game plan in place and start taking action. So ask yourself if you would be happy running one of the startup concepts above. Then, enjoy the sights and sounds that Philadelphia has to offer in addition to business resources.


Lee Flynn is from the Wasatch Mountains near Salt Lake City, UT. After Lee spent years preparing himself, his home and his family, he decided he had to do more. In his free time, Lee helps educate those who want to do the same. Through small local workshops and articles, Lee trains and teaches others on home preparation, food storage techniques, wilderness survival and self reliance. After obtaining a bachelors degree from the University of Utah, Lee moved to the Salt Lake Valley where he now lives with his wife and daughter.

 

 

Register NOW with Philly2Philly! 

Follow us on Philly2Philly's Facebook page!  And don't forget to "like" Philly2Philly

Follow us on Twitter

 

 

Any ideas or submissions? Just send them to info@philly2philly.com