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Business Ideas is a motivational event held regularly each semester at 24 Swiss Universities. Start-ups and small businesses need to make sure that, before they commit to heavy marketing plans and paying out money on websites and other such expenses, they assess whether there is a market for their idea and whether they are capable of pulling it off.

In fact, the self-service laundromat industry in the US is worth more than $3 billion, with many related businesses such as a mobile app laundry service , a real rolling mobile laundry service , and home laundry pickup & delivery services springing up each year.

4. Social Media Marketing: Build up a following on your social media account and you could quickly be approached by major brands, gear companies, and other relevant businesses that sell products or services related to the type of content you share on varied social media platforms.

T-shirt printing turns out to be quite a rewarding business idea for many each year, but can quickly consume much of your side business idea time—so know what you’re getting into before diving in. This multi-billion dollar industry counts big corporate factories as well as home-based part-time entrepreneurs.

Legendary direct mail response copywriter Gary Halbert points out that the most important thing that determines the success of a campaign (he sold products via mail) is not the brilliance of the product itself, but rather, if you’re able identify a hungry market who is already looking for the type of product you’re selling.