Popular business ideas for 2017

The first episode of Go Negosyo Radio aired last January 6 on DZRH covered the different types of business that would be ideal to enter into this 2017. The program’s regular hosts, Sen. Bam Aquino and DJ Cheska Diego-Babadilla, were joined by guests Asec. Bles Lantayona from DTI and motivational speaker Paulo “The Entrep Champ” Tibig. The show summed up the different patok na patok businesses this 2017:

1) Basic Instinct
This category covers the businesses that cater to the most basic of filipino needs – food. From rice retailing, butcher shops, groceries and convenience stores, this category is primed for 2017 because Filipinos everywhere always seek to put food on their tables.

2) TLC (Tubig or Water Refilling, Laundry, Cleaning)
The rapidly increasing number of condominiums we see all over the metro confirms that the businesses seen under this category are also of increasing demand.

3) Vroom, Vroom, Groom
Because Filipino people will always pay to satisfy their vanity. From barbershops, beauty salons and beauty products, there is no doubt that making beauty your business will reap rewards this 2017.

4) Lifestyle/disease products and services
Health is definitely wealth under this category as more and more Filipinos adapt a health conscious lifestyle. Businesses such as health supplements, wellness/fitness programs, pre-packed nutritional meals are seen as having huge income potential this year.

5) Memories are forever
Creating golden memories that are immortalised is proving to be a business worthy venture this 2017. From photo/video services to events management, our memories-obsessed population is creating a vast need for more and more businesses to provide them with instagram-worthy content.

6) Agricoolture
In what Tibig calls the “infinity business,” agriculture-related businesses remain a relevant venture this 2017 as the market for this is never-ending and the diversity of products to sell are endless.

Source: Repost from the January 10, 2017 Newsletter of Go Negosyo; paulotibig.com.ph

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