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Entrepreneurs
So you want to create your business and be your own boss? It's an admirable ambition but be sure to kick-start your aspiration with a solid business plan and the right tools. Share and discover sage advice, start-up resources, cautionary tales and inspiring stories.

  Post to Topic     Print   10 Reasons Why This is a Great Market for Entrepreneurs
http://www.aarp.org/community/groups/displayTopic.bt?groupId=2582&topicId=4584412
rbrooks802 said:
on October 2, 2009 04:49 PM ET

10 Reasons Why This is a Great Market for Entrepreneurs

By Steve Tobak

September 30th, 2009 @ 11:18 am

, Management, Yahoo, Twitter, Apple, Marketing

Venture funding is tighter than ever, business loans are virtually nonexistent, nobody’s spending, and morale is down in the dumps. So why is this a great market for entrepreneurs? No, I’m not on drugs … except for Claritin. I’ve actually got a logical argument here.

10 Reasons Why This isa Great Market for Entrepreneurs

  1. First, I’m a big believer in contrarian logic when it comes to markets, a sort of “fools rush in” mentality. When the masses are running for the hills, check out what they left behind.
  2. In this market as in any market, if you have a great concept, after you’re through listening to dozens of investors tell you you’re crazy and it’ll never work, you’ll find one or two believers who will back you. Google had Andy Bechtolsheim . You’ll find yours.
  3. Because of the economy - layoffs and startup failures - lots of smart people are sitting on the sidelines waiting for something good to come along. Sure, you have to wade through lots of mediocrity, but you’ll find them.
  4. After more than a decade of hype, digital convergence is finally here! The mobile Web is here. Lots of new concepts, devices, and technologies are possible. Why should Apple, Google, Qualcomm, and RIM get all the spoils? 
  5. Alternative energy may be hugely overhyped, but it’s here, it’s big, and big government is pushing it with more than just words.
  6. Baby boomers are getting older and want to live longer, healthier and happier lives. We want new antibiotics for all those resistant strains, drugs for Alzheimer’s and other forms of dementia, replacement livers and other body parts grown from our own cells so they won’t be rejected, and dare I say better “performance” (not me, of course).
  7. With all the health clubs, diet crazes, antidepressants, therapists, and self-help books, people are fatter and crazier than ever and taking a record number of pills, vitamins, supplements, and homeopathic cures that don’t do a darn thing. There’s got to be room for something that actually works, right?
  8. Social networking and search technology are huge and in their infancy. There will be a dozen more like Amazon, Yahoo, eBay, Google, Baidu, LinkedIn, MySpace, Facebook, YouTube, and Twitter before these markets reach maturity. You can lead or be part of the next one.
  9. 3D is coming, not just to theaters, but also to your TVs, PCs, and game consoles, and in a huge way. Virtual reality is not far behind, and within 5-10 years you can even ditch the glasses. 3D will open up a world of opportunity for startups. 
  10. Okay, now it’s your turn - you name the tenth!
2 posts by 2 users
Fenwicker
Post #2
Fenwicker replied to paratutor's Post #1 :
on October 27, 2009 03:57 PM ET

My franchise-like company has been in business since 1982. This company was created on the basic of the Chinese Philosophy of Regeneration. Why substitute, when you can regenerate. Substitution CONTROLS the body, good for crisis intervention, however long term use can make the body lazy.(vitamins, minerals, antibiotics, drugs, stimulants). Regeneration ALLOWS the body to do what it was designed to do. (System-specific concentrated whole food, clean water, clean air, rest exercise). As an independent business owner, I enjoy being partner with SR International, because of its global present (42 countries and still growing. Having total control of its manufacturing, marketing, research), it's nourishing, balancing and cleansing of the body with whole foods, not chemicals, variety of whole foods, weight loss, vitamins, herbal supplements, cosmetics( both men & women). Household products that allow you to have a chemical free home. All products have unique formulas and are concentrated for effectiveness. The beauty of the is company it helps you to become a independent business owner by switch brands. Why buy from someone else, when you can buy from yourself and make money. "Shop Smarter"= $1,000. Substitute products worth $140 a month (average of $35 a week), find five people willing to "Shop Smarter" for money, weight-loss, wellness, energy, these five people find five people who will also "Shop Smarter." You will have a small organization of thirty people and BINGO!-$1000 every month. That was ten years ago.

 

 


paratutor
Post #1
paratutor said:
on October 6, 2009 04:46 PM ET

I feel the Tenth is the Unfranchise business my wife and I are in. The company has been on the top of the trends you mention for the last 17 years. I am thrilled that the opportunity came along when it did and that I was open minded enough to at least check it out.