I graduated high school a year early on the condition set by my parents that I attend a junior college. So I enrolled for a couple of night classes at what was locally referred to as UCLA or University Closest to Lambert Avenue, better known as College of DuPage in Lombard Illinois. I signed up for a couple of classes. One class was Intro to Business and after a couple of days into the class I was really enjoying it. Our instructor was like no teacher I had in high school he had an unorthodox method of getting his points across and when he began the course he started by telling us that he wasn't going to teach us the way business was done by the book, he was going explain business in the real world and how to be successful in it. This got my attention and when he told us that he caught Mitsubishi's initial listing on the American stock exchange making millions and was only teaching there for 1 dollar a year, he had my full attention. At the age of 17 I didn't know what I wanted to do, I only knew what I didn't want to do, and that was working in a 9 to 5 grind for the rest of my life.
Without getting on a rant here, one of the main points he kept emphasizing was to spot trends in business and consumer behavior. I look for trends daily and one source I keep going back to is BusinessInsider.com. If there's any indication of what the future holds it will be a change in currency. Follow the money trail here, there are several start ups in the financial sector where investment is in internet financial vehicles, financial tools, cryto-coins, lending platforms and investment can be viewed more of a diversification of the current financial institutions. The finance industry knows which way the wind is blowing, they're closer to the ground floor of business in general, they know what the numbers are. Here's a link to some of the top Nordic startups.
The obvious investment is clicks and bricks, solid online business models. And, whatever you're doing, it will be online.
The previous posts on business trends have gathered a little more interest, so in doing more research I found the following treasure trove on tech trends at Deloitte University Press. Deloitte's articles through and complete with graphs to supplement the projections. The growth forecasts coincide with other news on technology predictions and when you read over the article you'll see how well laid out this presentation is. My hat is off to Deloitte, Bill Briggs, Mariahna Moore and the cast of thousands that compiled this report.
The base concept is Globalization and thinking in terms of a global resources, supply chain management and emerging markets that are evolving with the technology. Right now we are at a tipping point with the growth of Asian and India's markets set to explode. Delivering services to these economies and the challenges that will ensue, can't even fathom the numbers the rewards will bring into the fold. We are just beyond the base of the curve where it's slope is about to go vertical. Artificial intelligence, robotics, wearables, battery tech, culture and class separation. This is by far the best report for all entrepreneurs to read or make a study of. A great series from Deloitte.
I left high school a full year early, and as a condition of early graduation my parents had to sign off on it being under 18 years old. They had another condition too, that I attend the local junior college and take at least two classes. As a master of the minimum, that's just what I did, took only two. I took Intro to Business for exactly what it was and Criminal Justice out of curiosity. I got lucky with my Intro to Business class, the professor was a self made millionaire teaching for only a dollar in salary per year. He had quite an opinion and one of the best pieces of investment advice that I picked up came from him. Simply put, to make money in business you need to look for trends. Here's 15 trends in technology from the Business Insider that are shaping the future.
Here's a company I discovered while looking for some keyword analysis on my GeorgiaBeachHomes.com website, Wordstream. Not only does Wordstream offer keyword advice and optimization, they have a suite of utilities to tune up your marketing campaigns. Wordstream is a Google and Facebook Premier Partner leading the industry in search optimization. I like the design of their wesite too and they have a wealth of information for those of you just getting started with online advertising. Spend a little time reading though the Pay Per Click University and learn about bid management and conversion tracking.
While searching for tech trends and investments opportunities I discovered an article from Deloitte Insights about the technology growth in unstructured data. Unstructured data is essentially chaos, but if you're able to show relations between data elements, it's no longer unstructured and helps build a better picture of what's occurring. Commodities make a good example. Analyzing wheat yields without rain fall or soil erosion factored in, leaves a lot of questions when interpreting results. By adding more variables to the equation, the results are calculated with greater accuracy. Tapping into this vast amount of information that is becoming available from everywhere on the web, dark and deep web included, (data that is not currently included or information sitting idly), analytics experts can gain much greater insight into customer behavior and market movement.
The explosive growth of IoT (Internet of Things) is expected to surpass 44 Zettabytes in 2020. That's 44 trillion gb of information, which is 10 times more than today, and hopefully will be used to make better decisions (before the AI bots make them for us). Read the full article at Deloitte Insights for more information.
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Blockchain technology can be boiled down to an accounting ledger built on a network of servers. There's a detailed article and infographic included on Recode.net that will give you an overview of how any why this financial technology will shape more than just crypto currency transactions in the future. Blockchain technology is developing very quickly into an established transaction method and disrupting the financial services industry.
Read more about blockchain technology Recode.
I have been looking at domain name predictions that were made in 2016 to measure how well the analysts are keeping up with actual market movements in 2017. Being now that we're enter into 3rd quarter, it's good time for a halftime report. Overall, the results are on track and moving in the right direction. It's a difficult area to measure as most sales figures are not reported and have NDA's attached to them, but corporate purchases are up and companies are strategically placing themselves for additional accessibility into mobile and online services as workforce's are more distributed along with trying to increase their customer base.
Take a look at these 3 sources and draw your own conclusions. Huge growth is anticipated going to 2024. Strategyr's Domain Name Market Trends Verisign's Domain Name Registrations in Q1 Hover's Domain Name Expert's Point of View