Best Technology Business Ideas to Build in Indonesia 2022
Business is the way we provide services and products to end-user or brands to increase profitability and scale up the game.
There are at least 50 business models to form, but many business ideas are actually into technology.
So, in this post we will be talking a lot about business, which may be great for you to ensure your success.
Because many of the richest people on earth got their fortunes from a business principle.
But to be honest, we can’t really make it through the top without so much effort, we need to borrow some money from venture capitals, all that sort of stuff should be arranged.
Indonesia is a developed country according to the newly published US. Trade, so you may be wondering is it really okay to found a company and start a business in Indonesia?
Yes it is, because of outgrowing opportunities and the demographic bonus (soon, in 2050 there will be more productive people than there are now).
But, what types of business that profoundly seem to gain a profit and last in a long term period?
Business ideas that last in a lifetime period
In Indonesia, such types of business mainly come from oil productions, wood productions, and many more!
Indonesia is rich in natural sources, herbs, and a really diverse multicultural group.
Oil Productions
At least, if you want to be rich and have cash flowing out throughout your entire lifetime, you have to invest in oil production.
Yes, I know, it is kinda expensive, for a new businessman to co-found their own business in this area should have a big connection to many mines and how to extract it.
But, you know, this is the kind of business that has a huge profit margin, though, the tax and many administrative processes are tricky. (The government want to exploit you in case you made a big money one day)
Textile productions
If France has Louis Vitton, then Indonesia has “Sabang to Merauke clothing company”. (the design is really good)
I mean, in some parts of urban cities, there lives millions of Indonesians wore a hypebeast, h&m, zara, uniqlo, etc.
There are some businesses that design clothes individually and sell them in a cheaper and luxurious style compared to those “brands”.
Though one should have understood that to sell clothes isn’t an easy task, you have to at least get a promotion in many billboards or have an authority name.
Business ideas to increase profit really fast
Okay here you go, this is at least if you want to gain a huge sum of money in a short period of time.
Education or sell your courses
There are many business ideas in education because Indonesia is culturally diverse and the disparity between those who live in a city and a rural suburban is really huge.
Take an example of brilliant ideas by Sabda who founded Zenius.net and Belva Devara who founded Ruangguru.
They got their source of income from an education niche company. Zenius.net offers online learning courses, the same with ruangguru.
One year subscription is about ~Rp 300.000 on average ($22), that is fairly small, isn’t it?
But, once again, Indonesia has descended population pyramid, so there are more students than the elderly.
Electronics
Getting your hands on electronic business is really a great idea, especially in Indonesia. According to data from the World Bank, the number of internet users from Indonesia is 18% of the total population.
This is really the part where it gets really interesting. The market capitalization for electronics and other applied housewares are valued at $120 billion USD in 2019 (CNBC), and the number is only going to increase in the following years. So, you, whether as an Indonesian citizen or as an expat, you really could get a bit of shares here.
