What technological transformations are going to bring about the biggest opportunities in the technology sector in the next few years. I took a few minutes to outline a few of the obvious opportunities that have just started down this path and are going to pick up momentum in the next 2-5 years. These industries will change the way we live, work, entertain, travel, consume and engage.
- Internet-enabled home automation (mobile controlled locks, lighting, appliances, etc.)
- Virtual reality headsets (Oculus Rift, Microsoft Hololens, etc.)
- Smart cars & self-driving vehicles
A while back I was asked by an entrepreneur for advice about creating an income-generating website. He had no ideas in mind and simply didn’t know where to start. After taking some time to think about it, I responded with the following. Within a few months he’s already documented a ton of ideas and started executing based upon a few of them. Here is my advice on getting started.
- Focus on your passions
It’s a lot easier to understand what others would be willing to pay for or find value in if you focus on an area that you know very well. I see that you are interested in personal finance & fitness; two most excellent categories that are fairly easy to monetize so long as you provide genuine value.