Transform your ideas into professional white papers and business plans in minutes (Get started for free)

What are some successful business ideas that have worked well in other countries?

Japan's capsule hotels - These compact, space-efficient hotels that rent out tiny capsule-like rooms have become popular in Japan and are now expanding to other Asian countries and Europe.

Soap opera tourism in Mexico - Many tourists visit locations in Mexico where popular soap operas are filmed, creating a new revenue stream for the television industry.

Goat rental services in India - Businesses in India rent out goats to help people perform religious ceremonies and clear overgrown land, capitalizing on the cultural significance of goats.

Vertical farming in Singapore - Due to limited land, Singapore has pioneered innovative high-density vertical farming techniques to grow produce efficiently in urban areas.

Bike-sharing programs in China - China's bike-sharing companies like Mobike and Ofo have disrupted transportation by allowing people to access bicycles through a mobile app.

Matchmaking agencies in South Korea - Professional matchmaking services have become a booming industry in South Korea, catering to the cultural emphasis on marriage.

Vending machines for everything in Japan - Japan's ubiquitous vending machines sell a wide range of products beyond just beverages, from hot meals to fresh flowers.

Airbnb-style home rentals in Cuba - After the US embargo was relaxed, Cubans started renting out rooms in their homes to tourists, creating a successful informal hospitality industry.

Subscription beauty boxes in South Korea - Korean cosmetics brands pioneered the concept of monthly beauty product subscription boxes that have now spread globally.

Mobile money services in Africa - Countries like Kenya have seen widespread adoption of mobile payment platforms like M-Pesa, allowing people without bank accounts to make financial transactions.

Robot-staffed restaurants in China - Restaurants in China are experimenting with automating services using robots for tasks like taking orders and delivering food.

Repurposed shipping container buildings in Australia - Australians have creatively converted old shipping containers into affordable housing, offices, and retail spaces.

Crowdsourced funds for social causes in India - Indian platforms like Ketto and Milaap have popularized online crowdfunding for social and medical needs.

Peer-to-peer car rental in Europe - Services like Getaround and Turo, which allow people to rent out their personal vehicles, have found success in European markets.

Bullet train networks in Asia - High-speed rail systems connecting major cities have revolutionized public transportation in countries like Japan, China, and South Korea.

Transform your ideas into professional white papers and business plans in minutes (Get started for free)

Related

Sources