Leta blog: How to pick the best industry to go after for a startup?
14 September 2020Are you considering starting your own business?
Are you in search of a new fast-paced and lucrative niche for your existing venture to break into?
Are you looking for a new job in a rapidly developing environment, but want to make sure there is enough stability and money on that market of your choice?
For any of the above, at the very beginning of your journey, you will need to answer each of the following questions:Which industry to choose out of the myriad of opportunities out there?
Which industries are the biggest by size and revenue? (you don’t want to be working like a dog but still not make ends meet, do you? — No one does)
Which industries have been fastest-growing and will keep booming in the future?
Which industries are not yet too competitive or sized by one of those giants?
How can we answer all of the above in a smart, cost- and time-efficient way using only publicly available and free online information?
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