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StartupsStrategy

Greg Isenberg Shares 15 Hot Opportunities for Startups in 2024

Greg Isenberg
Last updated: February 12, 2024 1:29 pm
Greg Isenberg
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4 Min Read
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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. Iโ€™ll summarize 15 of the best opportunities for you:
1. ๐—•๐˜‚๐˜† ๐—ฑ๐—ถ๐˜€๐˜๐—ฟ๐—ฒ๐˜€๐˜€๐—ฒ๐—ฑ ๐—ฉ๐—– ๐—ฎ๐˜€๐˜€๐—ฒ๐˜๐˜€. Recap them. Offer team dividends going forward. Turn them into profit machines.

2. ๐—ง๐—ต๐—ฒ ๐—บ๐—ฒ๐—ฑ๐—ถ๐—ฎ ๐—ฎ๐—ฝ๐—ผ๐—ฐ๐—ฎ๐—น๐˜†๐—ฝ๐˜€๐—ฒ ๐—ถ๐˜€ ๐—ต๐—ฒ๐—ฟ๐—ฒ. 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. ๐—”๐—ฝ๐—ฝ๐—น๐—ฒ ๐—ฉ๐—ถ๐˜€๐—ถ๐—ผ๐—ป ๐—ฃ๐—ฟ๐—ผ ๐—”๐—ฝ๐—ฝ ๐—ฆ๐˜๐—ผ๐—ฟ๐—ฒ. 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. ๐—ง๐—ต๐—ฒ ๐—™๐—ถ๐—ด๐—บ๐—ฎ-๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐˜†๐˜๐—ต๐—ถ๐—ป๐—ด. Turning software that was once single-player into multi-player is a generational opportunity. The future of software looks like Figma.

5. ๐—ฆ๐—ฎ๐—ฎ๐—ฆ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—บ๐—ผ๐—ฑ๐—ฒ๐—น ๐—ถ๐˜€ ๐—ฑ๐˜†๐—ถ๐—ป๐—ด. People are tired of Saas subs. One-time payments or pay-per-task SaaS is becoming normal.

6. ๐—˜๐—น๐—ฑ๐—ฒ๐—ฟ๐˜๐—ฒ๐—ฐ๐—ต. Boomers are retiring. Probably one of the most underserved audiences.

7. ๐—Ÿ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜๐—ผ๐—ฟ๐˜€, ๐˜๐—ต๐—ฒ๐˜† ๐—ฎ๐—ฟ๐—ฒ ๐—บ๐—ถ๐˜€๐—ฝ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐—ฑ. Most creators canโ€™t monetize beyond brand deals. They have distribution old media dreams of. Partner with them. Help them productize themselves and earn upside.

8. ๐—š๐—ฃ๐—ง ๐—ฆ๐˜๐—ผ๐—ฟ๐—ฒ. Fastest growing product of all time just launched an app store? Literally the next App Store.

9. ๐—”๐—ด๐—ฒ๐—ป๐˜๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐˜†๐—ผ๐—ป๐—ฒ. You get an agent, and you get an agent and you get an agent.

10. ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐˜‡๐—ฒ๐—ฑ ๐˜€๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฐ๐—ฒ๐˜€. 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. ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ป๐—ฒ๐˜ ๐—บ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ป๐—ฒ๐˜„ ๐—ฐ๐—ผ๐—บ๐—บ๐˜‚๐—ป๐—ถ๐˜๐˜†. Digital communities that sell workshops, IRL events, software etc.

12. ๐—ง๐—ต๐—ฒ ๐—ฟ๐—ถ๐˜€๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฒ๐˜๐—ผ๐˜… ๐—ฒ๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐˜†. People are overloaded with screens and seed oils. Build businesses for this new detox economy.

13. ๐—›๐—ถ๐—ด๐—ต ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜ ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฎ๐˜ ๐Ÿฑ-๐Ÿฒ% ๐—บ๐—ฎ๐—ธ๐—ฒ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ ๐˜„๐—ฎ๐—ป๐˜ ๐˜๐—ผ ๐—ถ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ ๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜๐˜€, ๐—ฟ๐—ฒ๐—ฑ๐˜‚๐—ฐ๐—ฒ ๐—ฐ๐—ผ๐˜€๐˜๐˜€. Thereโ€™s a bunch of businesses to create to help them do it.

14. ๐—”๐—น๐—บ๐—ผ๐˜€๐˜ ๐—ต๐—ฎ๐—น๐—ณ ๐—ผ๐—ณ ๐—ด๐—ฒ๐—ป-๐˜‡ ๐—ฑ๐—ผ๐—ฒ๐˜€๐—ปโ€™๐˜ ๐—ฏ๐—ฒ๐—น๐—ถ๐—ฒ๐˜ƒ๐—ฒ ๐—ถ๐—ป ๐—ฟ๐—ฒ๐—น๐—ถ๐—ด๐—ถ๐—ผ๐—ป. 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.
–
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

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