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10 Business Ideas That Changed the World

What makes a business idea great? When it has worldwide impact! Here are 10 business ideas that changed the world.

10 Business Ideas That Changed the World

What makes a business idea great? When it has worldwide impact! Here are 10 business ideas that changed the world.

 

The Assembly Line

We take it for granted now, but there were times when there was no such thing as a surplus. Everything was done by hand so everything was scarce and more expensive. Thanks to Henry Ford and the Model T, we have mass production and can now indulge in conspicuous consumption.

 

Outsourcing

Outsourcing has made developed countries more competitive in the global marketplace because they’ve found ways to cut costs. Meanwhile, supplier countries are experiencing long-term booms in economic prosperity from the incursion of foreign investors.

 

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Motion Pictures

What would life be like without movies? As an idea, it came about as early as the 1890s, but the first feature-length film with sound was in 1927, with The Jazz Singer.

 

The Internet

While not a business in itself, it has paved the way for the globalization of, well, everything! If that’s not a great business idea, nothing is.

 

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Personal Computers

It’s undeniable that personal computers (PCs) have made the rat race even faster, which is not necessarily a good thing. But when practically everyone on the planet with running electricity has a PC, I’d say it qualifies as a great business idea.

 

Smart Phones

While the concept of endowing a mobile phone with computing technology dates back as far as 1973, the first truly commercial smartphone came out in 1999 and was produced by NTT Docomo.

 

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VoIP

Voice-over-Internet-Protocol (VoIP) has taken instant communication to the level of the the telephone. Although the technologies are completely different, they serve the same purpose: to connect people on demand.

 

Music Downloads

The idea of using the Internet to allow users to get digital copies of music for free got Napster owners into heaps of trouble, but Apple is now cashing in on the ravenous demand. It’s not free, but it’s on demand, and consumers love it.

 

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Online Stores

Amazon was first to see the potential of the Internet for selling stuff, and they started out with books. Now every commercial website with a shopping cart is asking for your credit card details.

 

Social Networks

Facebook is not the first one to tap into the potential connectivity of the Internet, but it’s certainly the most recognizable, and the first to make billions in pay-per-click advertisements. #Don’tforgettwitterlinkedininstagram

 

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