Related Posts

• Population Growth - Opportunity and Challenges

  A solid upward trend, that unlike other trends that diminish at some point, population growth is an escalating component that will overload just about every infrastructure in every country. Sighting this article from USAToday from 3 years ago, the projected numbers indicate there will huge problems and many opportunities. Meeting these challenge is what entrepreneurship is all about, meeting these challenges with an equally qualified concern for others and the environment should be our goal and responsibility.
  
  On Wikipedia there is a breakdown of the population growth and in digging through it I took the population from when I was ten, approximately 189 million. In 40 years we've grown to 318 million. That's a plus of 135 or a 69.8 percent increase. In 2025 we are projected to hit 345 million an increase of 24 million, so if you add that to the cities seeing the boom roughly 1.5 million to the top 12 major cities in the US. Check these maps out from TheAtlantic.
  
  There are opportunities in every market and challenges for all of us. (Can't say for sure, but weird to think there has never been this many people alive on the planet at the same time before.)
  
  
• Tech Media Growth Forecast

  
  Top business-strategist Michael Wolf gave a presentation on the future of tech and media from 2016 to 2020 in the Wall Street Journal last October.  I've been covering technology predictions in several articles and although there are some corrections in the stock market at the moment, there is nothing really holding the tech sector back.  But, don't take my word for it, read Wolf's presentation on how consumer tech and media staged to grow by 535 Billion over the next 4 years.

  You can view the presentation from the Business Insider here.

• Population Growth - Part Deux

  
  A little more on the challenges of population growth in this article going from 2011 on to 2050.  Solidia Tech recognizes the CO2 emission problem that is present and growing.  Focusing just on the housing that will be necessary for 9.3 billion people, we need to start building now in all sectors, residential commercial and don't forget the prisons.
  
  Not only do the building processes needs to make changes for cleaner manufacturing, where are these people going to go?  If you understand the impact, building single family homes seems like wasting precious space and any new construction should be at least 15 stories tall.   As a species on this planet, we, all nations, need to be united in building and designing mega-cities worldwide now.  Your grand kids will thank you.
  
  Imaging cities like Birmingham, AL in 30 years getting as large as Sao Paulo Brazil is today.  And, this will be the new average worldwide.  China is building islands in the sea now.  Add a comment below, you do not have to be member to post.  All posts are moderated.
  
  
• 2018 The Year of Digital Media

  Advertising in 2018 and Beyond
  
  With the Super Bowl Lll just around the corner, I am always interested in what 30 seconds of air time is selling for and what the best commercials will be. Last year companies spent up to 5 million to get in front of the 111 million viewers watching in the US, and then their money was gone. Advertising online has more than begun it's shift upward while other mediums, aside from radio, are sloping down. In an article on MediaPost.com The Winterberry Group states 2018 will be the year of digital media and spending will surpass all off lime marketing. In 2016 online spending surpassed television, now it's growing overall. That's because online advertising works and everyone is on all the time.
  
  As a business owner you know you need to be online, but finding your customers in this digital ocean is the next challenge. SmartInsights.com just released a digital marketing mega-trends guide and they have several digital marketing tool kits. The article was scientific citing the effectiveness of Amazon's trial and errors as they grew. One point not expressed enough is to acquire a memorable and easy to pronounce, easy to pass along domain name. (Note: KeyInsight.com is for sale now.
  
  Don't delay building your brand, what you put off now, will later only be more difficult and increasingly competitive to navigate. 

  Go Eagles!

• The Speed of Technology

  The speed of technology is taking off, try and hang on.

  Technology is increasing at an exponential rate, with the pace of technological change accelerating rapidly in recent years. This is due to a variety of factors, including advancements in computer processing power, the increasing availability of data, and the development of new technologies such as artificial intelligence, machine learning, and quantum computing.

  One measure of the pace of technological change is Moore's Law, which states that the number of transistors on a microchip doubles roughly every two years. This law has held true for several decades and has been a driving force behind the rapid growth of computing power.

  Additionally, the rate of technological change can be seen in the development and adoption of new technologies, such as smartphones, social media, and cloud computing, which have transformed the way we live and work.

  The speed of technological change is also apparent in the rate at which new technologies are being developed and brought to market. For example, the time it takes for a new technology to reach 50 million users has been decreasing steadily, from 75 years for the telephone to just 13 days for the Pokemon Go app.

  Internet usage will continue to grow over the next 20 years, especially as more people around the world gain access to the internet.

  According to data from the International Telecommunications Union (ITU), the number of internet users worldwide reached 4.9 billion in 2021, up from 3.4 billion in 2016. This represents a growth rate of more than 7% per year. If this trend continues, we can expect the number of internet users to reach 7.5 billion by 2030 and 9.7 billion by 2040.

  The growth in internet usage is being driven by a number of factors, including the increasing availability and affordability of internet access, the proliferation of smartphones and other mobile devices, and the growing importance of digital technologies in daily life.

  In addition to the overall number of internet users, other trends to watch in the coming years include the continued growth of e-commerce and online services, the increasing use of artificial intelligence and automation, and the expansion of the Internet of Things (IoT) and other connected technologies.

• Healthy Economic Outlook Ahead

  Time to get back to business. Hope everyone had a great holiday and is ready to work. The two times a year that I take a deeper look at business trends and economic forecasts are at the end of the year and at the end of 2nd quarter. End of the year is more a reflective time for some reason, like after the game. End of 2nd quarter is like taking inventory during half time while there's still time to change the results before year end, mid game.

  No one that runs their own business, or is directly responsible for one, can ever really take their mid off the game. Sure you might go on vacation and spend time with your family, but you just can't help thinking about what you have going on. Sometimes it helps to get disconnected, a fresh perspective, see from a different angle and get some rest, but successful people rarely take their eye off the ball if ever. You love what you do and you know your competition is constantly grinding. So while relaxing, I try to take a closer look at what my competition is doing right and measure what's working for me.

  One of the things I do at these two points is look at the big picture. Reading through economic forecasts for different industries and countries can give you great insight to why your efforts aren't measuring up to predictions or worse, the numbers are climbing up and you have no idea why. According to The World Economic Forum, Forbes and The Balance to name a few, the economic outlook for the US is strong and set for steady growth.

  No matter what business you're in, investing in yourself is never a bad choice. Educate yourself, educate your people and increase the advertising budget. Hope you are off to a great year, game on.