Thinking of going into business in 2018 but still need to come up with that niche category that could make you millions? This Changes Things hosts Baker Machado and Hope King explore four different business options.
First up, a subscription box service. The concept is popping up everywhere, from food and beauty supplies to pet products. If you can find a unique product category that is still untapped in the market, you could be in business.
Another sector with continued growth potential is the food truck business. It's a smaller investment than a brick-and-mortar restaurant and the failure rate is much lower: 10 to 20%, compared to the 60 to 90% failure rate of a traditional eatery.
On top of a food truck, a healthy vending machine company could provide some start-up opportunities.
Lastly, selfies are here to stay, and it may be beneficial in the long run to start a selfie drone business. The industry is expected to reach almost $130 billion by 2020.
After a bumpy ride, the ride-hailing app is back in the good graces of investors. Plus: OpenAI, Google, Apple, Target, Moody's, Paramount, and Golden Dome.
Arjan Stephens, President of Nature's Path, discusses the company's origin, how it has evolved today and the interesting product that came from his wedding!
Small business reporter, Gene Marks, joins Cheddar to give analysis on how small businesses are tackling incoming tariffs and how it will affect the consumer.
Babylist CEO Natalie Gordon joins Cheddar to discuss how the website is helping new parents, how to make a registry and how secondhand options are available.
ReturnPro CEO Sender Shamiss to discuss how his company is changing the way we make returns and how Trump's tariffs are affecting the return business. Watch!