Few thoughts:
- Focus on your hobbies and other industries you know well. What problems exist? Where can you make things better? Are there problems people mention over and over again?
- CAD modeling is often THE fundamental skill needed for people to bring their ideas to market. You can make CAD models that look almost real using software you can get for free. This allows you to work backwards, first determining if there's a market, and also working out many of the design flaws before making something
If you're just excited to make stuff, and want to get your hands on something, you can do all kinds of things in a tight space.
- 3D printers are small and provide many automated opportunities - Laser cutters are dead simple to set up and use to make real products and are easy to automate. - CNC machines can be had for under 5k and are super powerful - Portable MIG welders have a small footprint and welding tends to be in high demand - Leather working tends to be high perceived value though automation is limited - Soldering and electronics repair requires little space but again, automation is limited
I've got loads of other ideas too but I'm guessing that's good for now. My contact information is in my profile if you'd like to talk more.