Technological Transformations Are Happening Faster than Ever Before

technology changesWhat 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

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How to Create Your First Income-Generating Website

steps to successA 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.

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Keep Thy Strengths Close and Thy Weaknesses Closer

Want to try something interesting?  Take a minute and identify your top 5 weaknesses right now.  Go!  If you’re like most business owners you’ve discovered that you have only identified one or possibly two.  The reason for this is simple, your focus is too narrow.  You simply haven’t taken the time to widen your focus so that you can see the entire picture.  Don’t worry, you’re not alone.  So many business owners get caught in “the daily grind” by focusing on the tasks at hand and moving from one to the next, they forget to take a look at the whole picture and to maintain a longer term plan can be worked towards.  Strengths

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