Overheard in Bali
It’s been a while since I quit my busy life in the megapolis, and settled in a tropical village. My circle still keeps asking me: “How are the beaches? How often do you sunbathe?”
Each time I got frustrated in response. I would have died if I’d had a resort life during the whole year. We’re entrepreneurs too, curious and anxious for that. Our nervous system is absolutely not wired for bean bags and sipping mojitos every day. We need to move. Otherwise depression is waiting for us around the corner.
So what would we do if we happen to relocate to a place, where everything fights against the idea of hard work?
Let me share with you some applicable entrepreneurship ideas here, based on real cases in Bali. They might come in handy, if sometimes, when no one sees, you close your eyes and imagine yourself iving under a palm tree, but confused with having no idea how you might generate income.
- Create your own product. Clothes, jewellery, cosmetics, whatever. It’s not a secret that in Covid times, both the workforce and materials are super cheap in many exotic tourist destinations. Local people lost their jobs and businesses, and will be more than happy to collaborate with you. They will give you quality, you will help their families. It’s a no brainer win-win. Create your product and sell it overseas. If you hire the right locals, they will craft something special for you, and completely different to what the retail mass-market offers.
- Offer lifestyle services. So many people around the world consider relocation to a tropical paradise. The problem they constantly face on this journey sounds like this: “there is no one-gate solution to help me find a villa, get through immigration stuff, and pick out a good school/kindergarten for my kids. I don’t know who to ask, or who to trust”. Think about it.
- Get into Real estate development. Economics of many third-world countries are booming nowadays. Many expats consider investing in the local real estate, as its price skyrockets annually. Why not help them with construction, or at least relevant legal consulting. Believe me, there is a huge demand for this.
- Organize courses for kids. The niche is really empty, so take a chance.
- Open a co-working place. I would give you my soul, if one day you provide me with a comfortable working place, accommodated with sustainable wi-fi and good air-con ventilation. And thousands of digital nomads will.
5 Ideas to Start a Business on a Tropical Island was originally published in Startup Stash on Medium,