Business Ideas: Top 17 Businesses You Can Start Now (from Paul Akers) Pt. 1October 29, 2021
Are you looking for profitable business ideas but aren’t sure where to start. Learning from the experts can be a great way to get started, and there’s no better person to learn from than life-long entrepreneur and lean guru Paul Akers.
Paul Akers is the founder and president of FastCap, a product development company with a focus on professional hardware and woodworking tools.
Since starting in his garage in 1997, FastCap has twice won business of the year in 1999 and 2010. They launch 20-30 innovative products every year, an impressive pace for any business.
How has FastCap maintained their relevance in today’s quickly changing landscape? It starts with a mindset of continuous growth and an emphasis on products that fill a customer need. Evaluating your own business ideas by this standard is a great place to start for aspiring entrepreneurs.
A prolific inventor, Paul is a great source of top business ideas. His books on living and working lean have inspired people around the world. In this 2-part series, we’ll talk about his small business ideas and how you can put them to work to find your own path to success.
Check out Paul’s website if you want to know more about his journey, books, and ideas. And as always, don’t forget to comment, like, and subscribe to the UpFlip channel for more top business content!
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2:09 Meeting Paul
4:10 Example of how to improve a certain process
5:41 How to find a good business idea
7:23 Examples of Pauls product
8:52 Concept of lateral thinking
10:35 Another example of how to improve a product
11:59 Idea of observing other cultures
14:12 Tools to help you find the right business idea
15:39 Another example on improving a process
18:02 Solving the problems in front of you