Episode 115 – How to Identify Emerging Opportunities

The early bird gets the worm.” Can you recognize and seize emerging opportunities for your business? They give us the chance to do something different and unique for the people we serve, for the world and especially for your business. They can be huge growth opportunities when optimized in the right way. But they’re not for everybody. So it’s important to recognize which ones are the best for you and the right time to maximize those opportunities. That’s why today we’re talking all about how to identify emerging opportunities for your business. Get ready to take some notes and get thinking as we dive in!

Biggest Takeaways:

Not all emerging opportunities are something you need to jump on.
This is not the time to get fear of missing out.
Identify them early on – the more risk you take, the more you get rewarded.
An emerging opportunity doesn’t stay emerging for too long.
It doesn’t happen overnight.
The sooner that you remove the downside risk, the faster you can keep moving and locking in the upside potential.
You need to have access to things that are important to you.
The current situation has created some very unique types of problems that maybe you are designed to solve. That could be your emerging opportunity.
The time is now.

Highlights:

What is an emerging opportunity [01:01]
How to identify the right emerging opportunities for your business [02:29]
Panoramic view and insights from the business world – Cryptocurrency [05:16]
Two important things that I want you to think about [07:01]
Panoramic view and insights from the business world – Blackberry [08:29]
Example and insights #3 from the business world – Marijuana Industries in Canada [10:00]
How to hedge your bets to cap your losses or downside risk [17:19]
The great news about emerging opportunities [20:58]
How to tap into emerging opportunities as a solution provider [25:03]

🎙️ Previously Episodes Mentioned on This Episode and Powerful Resource Episodes:

Episode 82 – Increasing A Sales Opportunity By 6X In 10 Minutes – Listen Now: https://www.susanmcvea.com/s1ep82
Episode 77 – How to Market Differently to Maximize Your Opportunities with Hot, Warm and Cold Leads – Listen Now: https://www.susanmcvea.com/s1ep77

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