Chatty06
New Contributor
- Joined
- Jul 13, 2016
- Messages
- 19
Rep Bank
$185
$185
User Power: 79%
Have any of you noticed just have saturated and efficient the market have become? Over the last few years it feels as if the internet has really matured. The barrier to entry is next to nothing and there are many, many competitors in even the most niche of niches.
My worries are that the markets will only continue to become more and more efficient and the more efficient markets become the less profit there is to extract. Everything is becoming a commodity and a global market and the opposite of capitalization is competition. This worries me. It worries me that the big money (venture capital) has really matured as well making me feel the solopreneur trying to be successful in this market is at greater odd than ever before. The competition is abundant, matured, and aggressive.
I'm worried that when there is too much competition nearly all will fail and only de creme de la creme will remain and how can a solopreneur in 2016 compete in this type of market.
What are your thoughts? What have you experienced? Where do you see opportunity?
I will say I do see opportunity in virtual reality. Many are saying this will be bigger than the internet and I may agree with that. The internet provided the world with nearly free access to an infinite amount of information. I believe virtual reality will do something similar to experience. It will make it provide the world with nearly free access to experience an infinite amount of things unlike we've ever had before. The only issue is how can a small solopreneur capitalize on this complicated tech without having a tech background?
Thoughts?
My worries are that the markets will only continue to become more and more efficient and the more efficient markets become the less profit there is to extract. Everything is becoming a commodity and a global market and the opposite of capitalization is competition. This worries me. It worries me that the big money (venture capital) has really matured as well making me feel the solopreneur trying to be successful in this market is at greater odd than ever before. The competition is abundant, matured, and aggressive.
I'm worried that when there is too much competition nearly all will fail and only de creme de la creme will remain and how can a solopreneur in 2016 compete in this type of market.
What are your thoughts? What have you experienced? Where do you see opportunity?
I will say I do see opportunity in virtual reality. Many are saying this will be bigger than the internet and I may agree with that. The internet provided the world with nearly free access to an infinite amount of information. I believe virtual reality will do something similar to experience. It will make it provide the world with nearly free access to experience an infinite amount of things unlike we've ever had before. The only issue is how can a small solopreneur capitalize on this complicated tech without having a tech background?
Thoughts?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today