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Education. Health care. Music. Three industries within which I would never try a startup due to such twisted incentives and resistance. Much respect to thos
by nugget 13y ago
Education. Health care. Music. Three industries within which I would never try a startup due to such twisted incentives and resistance. Much respect to those who do try even when they know the odds.
- badclient 13y agoFailed with music start-up. Family runs a successful education company. Now I'm doing a healthcare start-up. That aside, I think most industries have significant amount of twisted incentives and resistance. The challenge to building a successful company is finding an opening with a narrow problem or stakeholders.
- msoad 13y agoReplace Music with Media (Music, Movies and Shows, Books or any content that you don't and can't own)
- proggR 13y agoWish me luck with my music venture then! I'm going to need it.
- acidity 13y agoCan we share mail address? Even I am working on my own music venture and would like to talk it out. Mail me at riteshn AT gmail.
- paul9290 13y agoGood luck! We recently launched ours - web app that turns multiple Internet devices into a stereo system; all devices play the same audio at the same time. http://SpeakerBlast.com http://SpeakerBlast.com I guess the downsides of a music start-up is when you get popular and then it gets costly?
- petervandijck 13y agoI would do Education. Plenty of ways to sidestep the gatekeepers. I agree I'd never do music (again).
- jacobbudin 13y agoGood thing there are plenty of start-up opportunities in Telecom, Energy, and Agriculture. </sarcasm> The way I see it: Education is seeing growth in charter schools, MOOCs, iTunes U, etc. Healthcare is changing under Obamacare[1]. Music is now brought to you by Rdio and Spotify. [1]: That is, the new cooperatives and companies being formed to compete on the new state healthcare exchanges. "Health Plan Cost for New Yorkers Set to Fall 50%" (NYT): http://www.nytimes.com/2013/07/17/health/health-plan-cost-for-new-yorkers-set-to-fall-50.html?pagewanted=all http://www.nytimes.com/2013/07/17/health/health-plan-cost-fo...
- rdl 13y agoAgriculture probably does have a huge number of opportunities for startups, actually. There's some international protectionism and subsidies, but overall, it's not too bad.