1.1 Flashcards
Identify unmet needs and gaps in the market by understanding
broader _______________________.
industry trends and societal changes
Make informed _______________ about their startup’s
direction, considering factors such as economic conditions.
strategic decisions
Entrepreneurs who can articulate how their business fits into
larger trends are more likely to attract _______________
investor interest.
Identify industries and companies that are growing and ___________________________
have
future potential.
Recognize, and prepare for, ______that are in high demand.
skills
Identify new opportunities for expansion and ______________
diversification.
Zoom out to:
Understand industries and domains
Understand the different parts of the industry, different branches, etc.
Understand what is happening in recent businesses and innovations
Zoom in to:
Find your niche, or the area that interests you
Understand its potential to grow
Uncover problems and challenges within that field.
Which industries/domains can help?
- Wind / Solar farms
- Nuclear Power
- Green Buildings
- Electric Vehicles
- Bio-Plastics
- Waste to Fuel
First 5 sa SDG
No Poverty,
Zero Hunger,
Good Health and Well Being
Quality Education
Gender Equality
Seecond five sa SDG
Clean Water and Sanitation
Affordable and Clean Energy
Decent Work and Economic Growth
Industry, Innovation and Infrastructure
Reduced Inequalities
Last five sa SDG
Sustainable Cities and Communities
Responsible Consumption and Production
Climate Action
Life Below Water
Life on land
Last two sa SDG
Peace, Justice and Strong Institutions
Partnerships for the Goals