Kevin O’Leary: Most Overlooked Startup Opportunity | Global Market News
“Shark Tank” star Kevin O’Leary sees a lot of pitches from entrepreneurs, particularly in AI. And he is all in on the technology — the enterprise capitalist introduced in December that his firm, O’Leary Ventures, is developing the “world’s largest” AI knowledge center industrial park known as “Wonder Valley” (no doubt a nod to his “Mr. Wonderful” nickname) in North West Alberta, Canada.So how can an entrepreneur stand out in a crowded AI subject?”I think one of the big startup opportunities being overlooked right now is training people on AI,” O’Leary stated on Instagram, including that entrepreneurs shouldn’t ignore the service business industry when trying to begin a business.
“AI has such great potential, [but] most people don’t know how to use it, that’s the key,” O’Leary stated.Related: 91 Service Business Ideas to Start Today
According to Indeed, a service business is a company that performs duties for the benefit of its clients, together with “transportation, cleaning, traveling, hospitality, maintenance or consulting.” These companies promote a service, slightly than a product.O’Leary stated that if a service business can take “the pain point out of someone’s learning time,” then it may be very profitable. In this case, getting somebody “to actually use AI” could be a business win, he stated.”Service businesses can make a ton of money if they are effective,” O’Leary stated.
According to knowledge revealed in January 2024 from the U.S. Census Bureau, the estimated income for providers industries elevated virtually 10% within the two years prior.”It’s huge,” O’Leary stated.Related: No Meetings, Up to $30 Per Hour, Fully Remote: A College Student Training AI Says the Work Is ‘Perfect’ for Introverts
Stay up to date with the latest news within the world markets! Our web site is your go-to source for cutting-edge financial news, market trends, financial insights, and updates on worldwide trade. We present every day updates to make sure you have entry to the freshest info on stock market actions, commodity costs, currency fluctuations, and main financial bulletins.
Explore how these trends are shaping the long run of the worldwide financial system! Visit us often for probably the most partaking and informative market content material by clicking right here. Our fastidiously curated articles will keep you knowledgeable on market shifts, investment methods, geopolitical impacts, and pivotal moments in world finance.
