Steph Smith: “This opportunity is totally overlooked”
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Notable Quotes
"‘In the United States, the US Bureau of Labor Statistics predicts that nursing will be the fastest growing occupation between 2020 and 2030, growing in number by 275,000 jobs.’"
"‘There's a growing business here, especially around these one chart businesses.’"
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Episode Summary
In this episode, Shaan Puri is joined by Steph Curry as they dig into up-and-coming trends that could define future business opportunities. Steph introduces compelling statistics highlighting the growing demand for nursing, particularly influenced by an aging population. For example, the US is expected to add 275,000 nursing jobs by 2030, driven by the high number of elderly individuals needing care. They also explore Japan's unique housing situation where many Akiyas (abandoned homes) are being offered for free due to demographic shifts.
The conversation shifts to trending sports, including the rise of pickleball and winter fat biking, illustrating the evolving preferences among enthusiasts. Steph emphasizes the importance of spotting 'one chart businesses,' or industries with easily visible growth indicators, as a way to uncover business opportunities. They reveal their collaborative Digits database, filled with surprising stats that can inspire entrepreneurs. Additionally, they critically analyze topics like air pollution, nursing homes, and even breakup markets, proposing innovative business solutions drawn from social behavior trends.
Through a mix of humor and candid dialogue, the hosts emphasize finding gold mines in data and trends, offering the audience actionable insights into establishing successful ventures.
The conversation shifts to trending sports, including the rise of pickleball and winter fat biking, illustrating the evolving preferences among enthusiasts. Steph emphasizes the importance of spotting 'one chart businesses,' or industries with easily visible growth indicators, as a way to uncover business opportunities. They reveal their collaborative Digits database, filled with surprising stats that can inspire entrepreneurs. Additionally, they critically analyze topics like air pollution, nursing homes, and even breakup markets, proposing innovative business solutions drawn from social behavior trends.
Through a mix of humor and candid dialogue, the hosts emphasize finding gold mines in data and trends, offering the audience actionable insights into establishing successful ventures.
Key Takeaways
- Nursing is projected to be the fastest-growing occupation in the US, demonstrating a clear market opportunity.
- Unique business ideas such as breakup cakes and breakup parties are gaining traction, reflecting societal behavior.
- Emerging sports like pickleball illustrate changing consumer interests and can signify new market potential.
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