What is rising? What does it need?
sidechain business is lucrative, it is like being a backup singer, your moments will definitely come. A big farm will need maintenance, pest control is one of those, it means the larger the farm, the higher the demand for pesticides will increase. I am just throwing in a quick one here. Ok, maybe I should add the high demand of security courtesy of urbanization.
opportunity will always present itself to those who are able to decode or interpret situations or circumstances. It is like looking at a price chart and tracking its necessary movements. Or looking at the potentials of a company and diving deep. You may not be able to benefit from the first but make sure the other does not pass you by.
It was one of such articles I covered yesterday about how a company was able to revolutionize itself. It is one of those motivating scenarios. Looking at how they turned a near failure story to a later big business and are thriving till date.
Getting to the center of this article, we will be looking at rising industries, sectors and their sustenance demands. What prompted this article? I was passing along the road (inside a public vehicle to be more precise) and as my custom always is, I like looking around just to spot something lucrative. As an entrepreneur, always keep your eyes very open, you never can tell what will shift your business.
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So what did I see along the way? It was a poultry feed store. It took my mind right away to the high demands of poultry products; from broilers raising for consumption to layers for egg production. These two industries are a hot cake over here, tracking it back, it is due to the high rise of urbanization.
Secondly, the high cost of living has brought about many nutrition substitutes; eggs are a good source of protein and parents prefer to go for it to keep their children healthy.
At least I am close to someone doing a bulk egg sale over here, the moment he just brings them to him, retailers line up to pack it out. I took one such opportunity to meet his supplier who works directly in the farm and he told me how sufficient feeding is key in scaling this industry. So yes, the poultry feed industry will continue to be in high demand.
Coming back to the area of technology, we have seen a high pace of movement. For instance, let's look at Ethereum, the chain has become so heavy that transactions and both fees were high. What did it need? We in the process saw the rise of sidechains which has kept developers in profit.
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You can't undermine the future of Ethereum, many companies are moving into the blockchain digital space and indeed the demand for faster transactions settlement will be on the rise.
Talking of transactions, everything is now moving into the digital space. More Apps will be needed to settle between two parties. Be it through blockchain or the old ways, it paves way for FinTech to keep rising.
The fact is, those who know how to settle transactions quicker, efficient and with minimal fees will scale. How about a good ROI in the process for investors. There is much to talk about here, a side chain opportunity is out there.
To conclude, let me add, another thing to talk of is cyber security, as assets continue to find their way in the digital space the question of how secure this space is is a big question. It will give rise to companies who can be a firewall against such attacks. This is where infrastructural demands and its maintenance will set in.
One thing leads to another, as an investor as an entrepreneur, keep your ears on the ground to pick signals. Do well to keep your eyes wide open while you navigate situations with your brain. You can create an opportunity from another opportunity, either you be the singer or a backup as I earlier said, your time must come.