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Monday, May 11, 2020

Predictions and Approaches for Impacted Industries

Very nicely done survey of problems and potential solutions, details at the link.  Now that we have bought into the problem, we need to find good and quick solutions to reset.  Subscribe to his blog there are as well.  Via Walter Riker.

Peter H. Diamandis is the founder and executive chairman of the XPRIZE Foundation, which leads the world in designing and operating large-scale incentive competitions. He is also the executive founder of Singularity University, a graduate-level Silicon Valley institution that counsels the world's leaders on exponentially growing technologies. .... 

 Subscribe to his blog at the link.

Exponential tech has been disrupting traditional industries at an ever-increasing pace.  

… And the pandemic has basically put these changes into hyperspeed. Never have we had the opportunity to rewrite entire sectors, redefine the problems they address, and reinvent their solutions.

This blog dives into COVID-19 industry impacts, paradigm shifts, and monumental business opportunities across 4 major industries:

Brick-and-Mortar Retail
Restaurants & Dining
Commercial Real Estate & Offices

Next week, we’ll dive into two more industries prime for disruption, namely healthcare and events.

As my friend Phillip Stutts summarized, “consumers are nervous, scared and need certainty.”  What does this mean for you as an entrepreneur? The “opportunity thesis” is to offer consumers:

Safety (safety to work and eat at home, and products that don't compromise health);
Trust (that you care about your customers & are not in it for a quick buck);
Control and consistency (‘you’ve got my back,’ and ‘I know what I’m getting’).

Let’s dive in….  "

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