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3 Sustainable Business Ideas for Aspiring Green Entrepreneurs

3 Sustainable Business Ideas for Aspiring Green Entrepreneurs
What's new: K-Startup Grand Challenge 2020 for Australian/New Zealand Startups! More information here.

If you’ve always wanted to start a business but you aren’t sure which sector to enter, going into the

green field could be a perfect option. People are more eco-conscious than ever, and governments

around the world are getting serious about curbing carbon emissions. They are doing so through a

combination of regulation and incentives, and these incentives could benefit you depending on the

type of business you want to start. Here are some great sustainable business ideas for aspiring green

entrepreneurs.

Start a Metal Recycling Business

Metal recycling is one of the easiest eco-friendly businesses you can start. You can start with nothing

but a vehicle, or you can operate a space where you will store metal being brought in by recyclers.

You can decide to resell this metal as is to a third party or refine it and sell it in bars.

The amount of money and effort you'll need to put into your business will vary depending on the

model you pick. If you want to work as an independent recycler, then you might want to invest in a

branded vehicle and will have to spend money on advertising. If you decide to operate your own

plant, you'll need to start looking at the costs for a location and look for a liability insurance quote

since accidents are very common in that field, especially if you allow recyclers to unload their cargo

themselves.

Start an Ink Refill Company

Ink cartridges are not only expensive but have a very bad effect on the environment. It's estimated

that about 375 million ink cartridges end up in our landfills every single year, and cartridge

companies are doing everything they can to force people to throw away their cartridges as fast as

possible. You could help reduce the waste by starting an ink refill business and making a lot of

money as well. People are looking for ways to save on cartridges, so you won't only reach the eco-

friendly crowd. This is another business you can get into on a shoestring budget.

Start a Thrift Shop

People are starting to realize how much waste is being generated by the fast fashion industry. This is

why thrifting is beginning to grow in popularity, and why this is a great option for you as an

entrepreneur. Opening a thrift shop is pretty easy too. Pick a spot in the right place and you may not

have to send a dollar on marketing. You could set up donation boxes so you can get merchandise

from the public or go hunting for hidden gems at places like Goodwill and Salvation Army.

Know that you can also start an online thrift store if you want to. You could start an official store or

sell thrift items on Etsy. Or you could have both an online and offline store if you want to maximize

your profit and reach.

All of these ideas could be great if you want to start a business that will allow you to make money

while saving the planet. Learn about them in detail and consider other business ideas that would

allow you to capitalize on the new green trend.

Workflow Podcast

The WorkFlow podcast is hosted by Steve Glaveski with a mission to help you unlock your potential to do more great work in far less time, whether you're working as part of a team or flying solo, and to set you up for a richer life.

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FREE EBOOK

100 DOS AND DON'TS FOR CORPORATE INNOVATION

To help you avoid stepping into these all too common pitfalls, we’ve reflected on our five years as an organization working on corporate innovation programs across the globe, and have prepared 100 DOs and DON’Ts.

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STEP INTO THE METAVERSE

Unlock new opportunities and markets by taking your brand into the brave new world.

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Steve Glaveski

Steve Glaveski is the co-founder of Collective Campus, author of Time Rich, Employee to Entrepreneur and host of the Future Squared podcast. He’s a chronic autodidact, and he’s into everything from 80s metal and high-intensity workouts to attempting to surf and do standup comedy.

Ask me a question!