Don’t Turn Your Business Idea Into A Christmas Wish

Don’t Turn Your Business Idea Into A Christmas Wish, Turn It Into A New Year’s Eve And 2020 Reality

New Year's Eve

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November 15, 2019 If you have ever dreamt of starting a business, don’t put off your dream for the next year. If you start smart enough, you can be just on time to benefit from this Christmas season. All you need is dedication and a good idea. If you feel dedicated enough, check these 4 business ideas you can try.

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#1 Idea: Think About The Preparation

Christmas season is magical because people tend to prepare for it in advance. You can feel the jolly spirit throughout December. But the Deloitte data shows that 62% of Americans buy their gifts in the week before Christmas. So if you are thinking about something that could be bought for presents, you have just enough time to prepare and launch your idea.

The same research shows that 60% of people in the U.S.A. prefer to buy their holiday gifts online. It saves your time since you don’t need to find a brick and mortar store. “All you need to do is to create your website and put it online,” says Arnas Stuopelis, Chairman of the Board of hosting provider Hostinger. “You can create your website within an hour, and hosting costs you less than a cup of coffee per month. Your website is the easiest step in starting a business.”

#2 Idea: Think About The Event

Preparation is essential for Christmas, but the season spirit is the Christmas dinner. Last year Yahoo! Finance stated that Americans planned to spend more than $150 on Christmas dinner at home in 2018. People are willing to spend on Christmas meals, but they often don’t have enough time to prepare them. Your business can step in and offer arranged shopping lists, delivery of the ingredients, or even prepared meals.

#3 Idea: Think About The New Year's Eve

Christmas is a celebration of family and faith, but not the whole of December is the same. One of the greatest parties of the year is New Year’s Eve. Wallethub conducted research and find out that 8 in 10 Americans spend less than $200 on New Year's Eve. While some people just go to bed and spend nothing at all, others spend thousands for memorable evenings. Your business can offer party planning, costume rental or catering services for New Year’s Eve and beyond.

#4 Idea: Think About What’s Next After New Year's Eve Passes

The New Year brings “the new me” vibes. People are working on their New Year’s resolutions. Business Insider states that the most popular ones are to eat healthier, exercise more and read more books. You can create your business with an aim to help people keep on track with their resolutions. You can offer healthy eating plans, workout routines, or book subscriptions.

Christmas time is an excellent time for turning your dreams into reality. But even if you start your business in wintertime, it doesn’t have to be related to Christmas. Feel free to fantasize, think outside the box and begin to do exactly what you always wanted to do.



About the Author

Jacob Wolinsky
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver