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- ๐ฒ Potential in overlooked industries
๐ฒ Potential in overlooked industries
Overlooked industries ripe for disruption?
Hey there! ๐
While at Penn State, I was surrounded by people from entrepreneurial families, and I noticed that, surprisingly, some of the richest business owners made rather boring products.
These include things like manufacturing bags to store construction material or drums to store industrial chemicals! While these arenโt cutting-edge tech products, they teach us a key lessonโgreat businesses can be found outside the hype!
In this issue, we'll dive deep into the overlooked industries that are ripe for disruption, which can help you bag your next big opportunity!๐
๐ Revving Up the ICE Industry
While electric vehicles (EVs) seem to be getting all the attention, R Senthilnathan, Director-Investments at NAFA Asset Managers, believes there is still room for growth in the traditional Internal Combustion Engine (ICE) industry. ๐ชข
๐ Hydrogen ICE: A North American Perspective
One such remarkable shift is taking place in the North American market with the rise of Hydrogen ICEโs. However, the broader potential for Hydrogen ICE technology extends far beyond the region.๐ฅ
Startups like Odyssey Spaceworks are leading the charge, harnessing the power of Hydrogen ICE to launch science labs into Earth's orbit.๐
As the industry continues to evolve, you should keep a close eye on the solutions emerging in the Hydrogen ICE space, both in North America and globally. ๐บ๏ธ
๐ฑ Cultivating AgriTech
The "lull" sectors of agrochemicals and agritech have been relatively overlooked for some time and could present compelling value-based opportunities for investors.
๐จโ๐พ India's agritech startups are looking at a total market opportunity worth $24B by 2025
๐ India has historically been at the forefront of global agricultural productivity, given the vast agro-ecological diversity the country
According to statistics from the Food and Agriculture Organization (FAO) of the United Nations, India is the largest producer of milk, jute and pulses and the second-largest producer of rice, wheat, sugarcane, cotton, groundnuts and fruit and vegetables.๐พ
๐ Startups Transforming the Landscape
Among the notable agritech startups in India, DeHaat looks interesting.
Innovation in the agriculture sector is poised to shape the future of food production and distribution in India and across the globe ๐ฝ๏ธ
FOOD FOR THOUGHT
Good reminders along the way
That is the purpose of money.
Not to buy happiness.
Not to buy growth.
Not to buy things.
Not to buy status.
Instead, to buy stability.Respect money for the stability it provides.
Instead of becoming a slave to the addiction it offers. x.com/i/web/status/1โฆโ Ankur Warikoo (@warikoo)
5:26 AM โข Aug 28, 2024
๐ Unlocking Opportunities Across Sectors
Whether you're exploring the agritech revolution or eyeing other promising industries, consider these strategies to get a head start ๐
๐ Explore Niche Opportunities:
๐พ Look beyond the well-established players and investigate promising startups in underserved or overlooked sectors.
๐ค Consider solutions that leverage cutting-edge technologies to address specific pain points in traditional industries.
๐ณ Identify innovative business models that cater to the evolving needs of underserved customer segments.
Donโt try to find gold the wrong way!
๐ฐ Focus on Sustainable Growth:
๐ Prioritize companies with a strong commitment to environmental, social, and governance (ESG) practices.
๐ Favor startups with solid unit economics and a clear path to profitability, rather than those solely relying on growth at all costs.
๐ค Seek out ventures with strong partnerships and collaborations that can drive long-term success.
It has been a pleasure! Iโll see you soon. Until then, Stay motivated! Stay strong! Cheers!
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