International Trade & The Panama Canal Expansion: 2010 Business Opportunity #4
by Heath on Dec.27, 2009, under Abstract Perspectives, Get It Factor
Unlike the previous six business opportunities, #4 provides significant lead-time before the opportunity can be successfully realized. Here’s the short story: International trading, also known as import-export businesses, was amongst the hottest commercial trends of this decade. American companies, 95% of which are small businesses, trade in over 2.5 trillion dollars a year in merchandise. To further compliment the international trade trend, the expansion of the Panama Canal will double the cargo capacity of the Panama Canal, allowing for more Asian cargo to move through the Gulf of Mexico, thus bypassing the traditional California-to-Railroad route. This increased cargo through the Gulf has port cities from Galveston to Tampa preparing to snag a piece of the action. How does this activity translate into an opportunity for you? (continue reading…)
Business Process Improvement: 2010 Business Opportunity #5
by Heath on Dec.26, 2009, under Flat World Effect, Get It Factor
Disruptive technologies have been driving innovation for hundreds of years, but there has never been a better opportunity to bring efficiency to an inefficient process, function or industry. The Flat World (best described by my colleague George Benckenstein) continues to provide unparalleled opportunities to enable boot-strapped innovation with the best capital…paying customers! Just as the railroad companies didn’t realize they were in the transportation business and missed the industry evolution of the airlines, the money transfer companies (Western Union) and the credit card processing industry missed the consumer-to-consumer opportunity that enabled the likes of PayPal. (continue reading…)
Baby Boomers: 2010 Business Opportunity #6
by Heath on Dec.24, 2009, under Get It Factor
The population is aging and senior services are at the beginning of a hockey stick growth path that will last at least through the next two decades. In 2006, the oldest of the baby boomers, the generation born between 1946 and 1964, turned 60 years old. By 2030, the number of adults age 65 and older will double to 70 million. So what does this mean for the entrepreneurs? Before we assess the opportunities, let’s assess the facts. (continue reading…)
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