Business Opportunities Are Everywhere |
This weekend, I was sitting at a Malaysian restaurant with my girlfriend when it struck me how easy it’d become to come up with new business ideas. This is probably one of the best Malaysian restaurants in Queens, and is just run by a small family.
As we sat there, we started looking a small exerpt from Eat Out magazine. Wow, apparantly the restaurant had been around for 13 years and have been recommended in various periodocials. Yet, the whole restaurant was just about 6 tables in total, in the exact same location. Apparantly, expanding the business really wasn’t at the top of their list.
As the evening wore on, we shifted our conversation to our impending move into the Manhattan from Queens. Too bad this Malaysian restaurant isn’t going to be in New York. Wouldn’t it be nice if someone moved this food over there?
And there you have it - a simple discussion about current events just lead to a very real need, which can be filled by a very real business. It’s very simple. There’s good Malaysian food in Queens and people would like to have good Malaysian food in Manhattan. So out of this, here’s a few very simple ideas that probably have a lot of room for growth:
- Try to buy recipes from such small stores and start your own restaurant
- Have them share the recipe with you and profit share on what you make
- Find the foods you enjoy and start a bunch of chain restaurants doing that
Not only is it very obvious what you need to do, there’s also a huge room for growth if it works out. You can:
- Start a company that collects best recipes from local places and start a restaurant chain that rotates some of these best.
- Become some sort of amazing recipe reseller
With some persistance and luck, that’s probably a 10s of million dollar company right there.
If something as simple as a discussion about my current life circumstances can lead to an interesting business idea - just imagine the opportunities that sourround you when you’re actually looking!