Coming up with new business ideas in 2020 can seem like an especially daunting task. Even if you have good ideas to start a business, how can you make them profitable in a time of global uncertainty and economic upheaval?

In the second installment of this 2part series, we’ll get some more insights from entrepreneur Paul Akers to help answer those questions.

If you haven't seen Part 1, watch it here:    • Business Ideas: Top 17 Businesses You...  

Paul’s business, FastCap, has been thriving for over 20 years, with a sustained history of launching 2030 innovative products every year.

Paul’s business insights were a big part of him winning the 2011 Business Executive of the Year award. We share his profitable business ideas with you in this video, along with other insights that will help guide your next entrepreneurial venture.

Paul isn’t just an entrepreneur. He’s also an inventor and an author, with 5 books and a plethora of both US and international patents to his name. This varied background means he has equally unique insights to share on the topic of small business ideas.

No matter where you are in your entrepreneurial journey, you don’t want to miss out on the information and advice in this series.

If you want to know more about Paul Akers and his company, take a look at his website https://paulakers.net or visit https://www.fastcap.com, where you’ll see the full range of professional hardware and woodworking equipment they offer.

For those looking for insights from other business leaders, make sure you subscribe to the UpFlip channel!

Follow us on instagram:   / upflip  

#businessideas #smallbusinessideas #businessideas2020

Timecodes:
0:00 Intro
1:01 Where to start
2:25 How FastCap started
4:04 Talking about ideas
5:35 Example of Pauls product
7:50 Scooter business idea
9:48 Another example of a product idea
11:25 Solving pocket chisel problems
13:09 On Bob Taylor
15:09 Paul on being a simple carpenter
16:08 Showing how a track system works
18:11 Outro