Greg Isenberg is a multi-exit Silicon Valley entrepreneur and owner of Late Checkout product studio. He has:
- Headed Product Strategy at WeWork
- Been an advisor to Reddit
- Founded a startup, Islands, which was sold to WeWork
- Founded 5by, which was sold to StumbleUpon
Guest Author: Greg Isenberg
This is the best time to start a company in 30 years. Iโll summarize 15 of the best opportunities for you:
1. ๐๐๐ ๐ฑ๐ถ๐๐๐ฟ๐ฒ๐๐๐ฒ๐ฑ ๐ฉ๐ ๐ฎ๐๐๐ฒ๐๐. Recap them. Offer team dividends going forward. Turn them into profit machines.
2. ๐ง๐ต๐ฒ ๐บ๐ฒ๐ฑ๐ถ๐ฎ ๐ฎ๐ฝ๐ผ๐ฐ๐ฎ๐น๐๐ฝ๐๐ฒ ๐ถ๐ ๐ต๐ฒ๐ฟ๐ฒ. 20,000+ media employees have been LAID off in the last 12 months. From Condรฉ Nast to Washington Post. How can you build a new media company that’s profitable, AI-powered, and community-first with that talent?
3. ๐๐ฝ๐ฝ๐น๐ฒ ๐ฉ๐ถ๐๐ถ๐ผ๐ป ๐ฃ๐ฟ๐ผ ๐๐ฝ๐ฝ ๐ฆ๐๐ผ๐ฟ๐ฒ. 400,000 headsets will be sold in the next 12 months. it looks like a joke until it isn’t. Create unique apps for that app store, be 1st.
4. ๐ง๐ต๐ฒ ๐๐ถ๐ด๐บ๐ฎ-๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ฒ๐๐ฒ๐ฟ๐๐๐ต๐ถ๐ป๐ด. Turning software that was once single-player into multi-player is a generational opportunity. The future of software looks like Figma.
5. ๐ฆ๐ฎ๐ฎ๐ฆ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐บ๐ผ๐ฑ๐ฒ๐น ๐ถ๐ ๐ฑ๐๐ถ๐ป๐ด. People are tired of Saas subs. One-time payments or pay-per-task SaaS is becoming normal.
6. ๐๐น๐ฑ๐ฒ๐ฟ๐๐ฒ๐ฐ๐ต. Boomers are retiring. Probably one of the most underserved audiences.
7. ๐๐ฒ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ ๐ฐ๐ฟ๐ฒ๐ฎ๐๐ผ๐ฟ๐, ๐๐ต๐ฒ๐ ๐ฎ๐ฟ๐ฒ ๐บ๐ถ๐๐ฝ๐ฟ๐ถ๐ฐ๐ฒ๐ฑ. Most creators canโt monetize beyond brand deals. They have distribution old media dreams of. Partner with them. Help them productize themselves and earn upside.
8. ๐๐ฃ๐ง ๐ฆ๐๐ผ๐ฟ๐ฒ. Fastest growing product of all time just launched an app store? Literally the next App Store.
9. ๐๐ด๐ฒ๐ป๐๐ ๐ณ๐ผ๐ฟ ๐ฒ๐๐ฒ๐ฟ๐๐ผ๐ป๐ฒ. You get an agent, and you get an agent and you get an agent.
10. ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ถ๐๐ฒ๐ฑ ๐๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐. How can you make a service like a product? Enable it by global workforce and AI. We built meetdispatch dot com to build marketing assets for folks on a monthly basis. People pay us monthly fee to turn their market assets (websites, social assets) into $$ generating machines. Business does 7 figures overnight.
11. ๐๐ป๐๐ฒ๐ฟ๐ป๐ฒ๐ ๐บ๐ฒ๐บ๐ฏ๐ฒ๐ฟ๐๐ต๐ถ๐ฝ๐ ๐ฎ๐ฟ๐ฒ ๐๐ต๐ฒ ๐ป๐ฒ๐ ๐ฐ๐ผ๐บ๐บ๐๐ป๐ถ๐๐. Digital communities that sell workshops, IRL events, software etc.
12. ๐ง๐ต๐ฒ ๐ฟ๐ถ๐๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฑ๐ฒ๐๐ผ๐ ๐ฒ๐ฐ๐ผ๐ป๐ผ๐บ๐. People are overloaded with screens and seed oils. Build businesses for this new detox economy.
13. ๐๐ถ๐ด๐ต ๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐ ๐ฟ๐ฎ๐๐ฒ๐ ๐ฎ๐ ๐ฑ-๐ฒ% ๐บ๐ฎ๐ธ๐ฒ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐๐ฎ๐ป๐ ๐๐ผ ๐ถ๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ ๐ฝ๐ฟ๐ผ๐ณ๐ถ๐๐, ๐ฟ๐ฒ๐ฑ๐๐ฐ๐ฒ ๐ฐ๐ผ๐๐๐. Thereโs a bunch of businesses to create to help them do it.
14. ๐๐น๐บ๐ผ๐๐ ๐ต๐ฎ๐น๐ณ ๐ผ๐ณ ๐ด๐ฒ๐ป-๐ ๐ฑ๐ผ๐ฒ๐๐ปโ๐ ๐ฏ๐ฒ๐น๐ถ๐ฒ๐๐ฒ ๐ถ๐ป ๐ฟ๐ฒ๐น๐ถ๐ด๐ถ๐ผ๐ป. The rise of community-based brands. This is your opportunity to build things they feel connected to.
After reading this, doesn’t it fire you up?
It fires me up.
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For builders: I put together a free 5 day email course on building internet businesses communityempire.co
For SERIOUS builders: I have a private membership of business builders. $99/month. Limited spots. Make the most out of your 2024 https://lnkd.in/eURBvTdZ