Tuesday, November 15, 2011

Going Green Business


Thinking of going in business but do not know what business to get into?  For starters in business,  it would be better to go into something that is growing like green business.  For a growing industry, there are lesser competitors and for a newbie that is welcome news.  Not only will the earnings be bigger but there is more room for expansion and leeway for the mistakes that you will be committing.  Remember you are a newbie.

Why am I recommending green business?  First and foremost is that there are fewer competitors as it is a growing business.  Secondly, there is utter satisfaction from doing something good for mankind.  Lastly, there are a lot of raw materials that remain to be untapped.  It would be good to make good use of these untapped resources while they are still free or cheap and abundant.

How does one go into green business?

1.  Find alternatives for costly and hazardous raw materials.  Examples would be the biodiesel and ethanol.  Biodiesel and ethanol main raw materials come from plant which are renewable, sustainable and doesn't pollute the environment compared to heavy pollutant and dwindling petroleum-based fuel.  A start up entrepreneur can go into farming of corn, coconut, soy, palm and other sources of alternative fuel.

2.  Want to start real small?  Grow organic herbs and vegetables and fish in your own backyard.  Herbs and salad vegetables do not need a big space for them to grow.  You have the option of growing them using hydrophonics or maximising space vertically.  Herbs and salad vegetables are growing businesses anywhere as a lot of people are into eating healthy.

Hydroponics
Vertical Gardening

Fish like tilapia, bangus and catfish can raised in fish condominiums.  Raising fish through this method was introduced as a source of income for the urban poor.  I saw this set-up at the Bureau of Fisheries and Aquatic Resources compound in Dagupan City, Pangasinan.  It sure has a good potential of being an income earner.

Fish Condo

http://sundaypunch.prepys.com/wp-content/uploads/2010/09/6-FISH-CONDOS-FOR-U

3.  Organic farming of fruits and animals are becoming a trend nowadays.  People are going back to basic, i.e., eating naturally grown animals like chicken and pigs and fruits like mangoes, papayas, and the like.  They may cost more now but I am sure technology will be available in the very near future to make them affordable.

The rule of thumb is to start small as majority of consumers still patronize cheaper goods and eating and living healthy is just an aside.  For my family, I serve home-cooked meals most of the time and as much as possible use healthier alternatives to chicken and vegetables.  I look up to the day when we will be eating organically-grown foods and practicing green living.


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