Saturday, October 31, 2009

Ten Top Green Startup Triple Wins


For those of you looking for startup ideas that are hot today and recession proof, consider anything to do with saving energy, sustaining the environment, or solutions to the global warming problem. These are especially good for millennials who have the passion, or every millennial “wanna-be” (over 25 but not yet fulfilled).

Especially during a down economy, these will get you extra attention with investors, as long as basic business principles are not forgotten. Doing the right thing has to be profitable and competitive if it is to be sustainable.

Here are ten themes to get your mind rolling:
  1. Reduce, reuse, recycle. Figure out how to recycle profitably your old cell phones. Come up with a responsible way to dispose of old medicines. Generate energy from the stuff you recycle.

  2. Sustainable agriculture. Eliminate poisons from insecticides, weed killers, and other common products as well as the use of sprays in agriculture, and reduce dangerous chemicals in the food source.

  3. Wildlife and resource conservation. Replant deforested areas to improve air quality, and restore indigenous forests. Protect wildlife to restore natural selection and the natural environment.

  4. Renewable energy. Harvest renewable energy sources to power your home; sell that renewable energy back to your utility company site and build your dream eco-home; minimize your fossil fuel use; and more.

  5. Alternative transportation. The alternatives here range from wind-powered battery-electric vehicles, to concentrated solar powered, geothermal-powered, tidal powered, wave-powered, to nuclear powered vehicles for different roles across the world.

  6. Hyper-efficient appliances. Residential technologies – heat pump water heaters, new air conditioners, programmable thermostats, lighting, electronic appliances.

  7. Organic food. This can be done both as big business and on a relatively small farm; and the third, help in hunting and gathering food for oneself.

  8. Healthy fast food. Make visits to fast-food restaurants healthy rather than the culinary equivalent of "impulse buys."

  9. Save the global environment. Global warming, air and water pollution, and reducing energy usage are just the beginning.

  10. Green construction. I’ve heard many ideas for greening your house and your business, from minor improvements - such as what paint to use - to major ones, such as how to choose and install solar electric panels.
There are programs out there to help businesses green their practices in a way that works with, and often enhances, the bottom line. There's a phrase in green-talk, "the triple bottom line" which encapsulates what it takes for a business to be truly sustainable - economy (profits), ecology (resource management), and equality.

The last refers more to the social issues of green businesses today. It's all about how a thriving business can enhance the community it is located in. Go green, and make it a triple win – for your business, the economy, and the environment.

Marty Zwilling

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3 comments:

Carl Boniface said...

Good advice Martin. It's a shame more people don't jump into 'Green Startup Triple Win, but then if everyone did, life might become too perfect.

I think there are still many opportunities out there. One business doing extremely well is Whole Foods Market. These guys have got it so right it just goes to show you really have something young entreprenuers need to think about more seriously.

My wife promotes ECO Friendly - Recyclable Chiavari Resin Chairs. 10 fantastic colorful kinds boasting hot pink, or glow in the dark. They even have a clear bubble one that can be seen on my link. It's the dazzling new trendy party and event chair!

Kevin Gulley said...

Hi Martin - good feedback. As a green entrepreneur myself, I am confident that 'green' is going to be the great driving global economic engine for the 50 to 100 years. My business - Green Collar Media - is dedicated to creating connections between buyers and sellers of sustainable business solutions. Our site http://www.greencollareconomy.com has thousands of green businesses listed that are already providing solutions for the marketplace and creating green collar jobs...it might be a good resource for your readers. There are also hundreds of green case studies and white papers on the site that provide detail into how sustainability can improve existing businesses and make them more profitable.

Trainer T.s Fitness said...

I vote for a greener fast food choices!
It would be something that could and would be very profitable now that wellness is such a HUGE industry.

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