the 4th industrial revolution
TRANSCRIPT
And tap into revenues of one of the most vibrant
global markets
How to become part of the 4th industrial Revolution
The #1 question to answer when starting a new business
“Am I entering a growing or
a dying market?”
Choose a lucrative market that will stack the odds in your favor
Not all markets are equal!
Do not stop looking! Thinking "technology is outside
of my reach or interest”?
Within this lucrative market
is a gem: SaaS*
*Software-as-a Service
Software as a Service/SaaS
Cloud-based services that offer solutions
on a month-to-month subscription basis
In 2016
This trend will remain on the upswing
With this presentation we’ll explain how you
can start a business in this vibrant marketHow can you "leapfrog"
into this market?
Upfront capital Technical knowledge
Programming knowledge
Technical team
Physical infrastructure (Warehouse, office, own servers, etc.)
What you DON'T need
Determination
Discipline
Energy
Common sense
A device to connect to the Internet
To identify a business opportunity
What you DO need
Finding new business opportunities
is what
sets entrepreneurs apart
We will only explore 2 areas
in which to find
new business opportunities
See
http://bit.ly/1S3ys3U
for more on
"On finding new business opportunities"
Shadow business processes
1st area for new opportunities:
#1 Processes & practices
not supported by, or on the radar of, the IT department
Shadow business process are…
#2 Processes typically supported
by spreadsheets, paper, emails, phone calls, etc.
Shadow business process are…
Shadow business process are…
#3 Solutions developed on a ad hoc basis rather than
a formal, generic solution for all
#4 Informal processes used by
a department or team
Shadow business process are…
#5 Temporary processes
E.g. hosting an international workshop
http://bit.ly/1WMmTGn
Shadow business process are…
#6 A quick solution
E.g. the sales team wants to evaluate customers’ satisfaction levels for their
year-end performance report http://bit.ly/1Uax3Al
Shadow business process are…
What is the future of
There a MASSIVE need for agile SaaS solutions
in the corporate world
Our conclusion…
We’ll soon motivate this premise
Not yet convinced that you do not need technical skills?
Non-technology industries
2nd area for SaaS opportunities:
"Software will disrupt & revolutionize
all non-technology industries."
They don’t own a single vehicle
yet they are the biggest taxi operator in the world
Think Uber…
Uber is in essence a software company
They don’t own a single property
yet they are the biggest hotel company in the world
Think Airbnb…
Airbnb is in essence a software company
“We believe that every industrial company
will become a software company.”
General Electric, CEO Jeffrey Immelt
Billing for garden services http://bit.ly/1UQxlXc
Software solutions for non-tech industries
A bike repair business uses software to manage the
flow of tasks as bicycles come in for repairs
http://bit.ly/1tnWT7Q
Software solutions for non-tech industries
Property maintenance company logs faults & issues,
and optimizes the management of the repair process
http://bit.ly/1UQzbHq
Software solutions for non-tech industries
Question: Why don't you need technical skills or a tech-team to start a business that offers software solutions?
Question: Why don't you need technical skills or a tech-team to start a business that offers software solutions?
Answer: Because of a phenomenon called the
“democratization of technology”? It is the increased access for tech-nots
to sophisticated technological products, tools and services.
Question: Why don't you need technical skills or a tech-team to start a business that offers software solutions?
Answer: Because of a phenomenon called the
“democratization of technology”? It is the increased access for tech-nots
to sophisticated technological products, tools and services.
Examples: Shopify, Kotive & 3D printing.
Identify an "itch" in the market
or an area of frustration or need
or
an "ill-structured problem" that causes uncertainty and irritation
#1 Find an “itch”
“How to start…”
The differentiating success factor is how creatively you can match
solutions to problems
#2 Pair this “itch” with a software solution
“How to start…”
Get template solutions that you can use as-is or customize
http://www.kotive.com/solutions/
#3 Take an existing solution
“How to start…”
Design custom solutions for your customers based on your insights
http://bit.ly/1UhoPDk
#4 Or, create your own solutions
“How to start…”
Start to market your solution to a specific niche market
E.g. garden services, event organizers, NGO, learning
institutions
#5 Sell to a niche market
“How to start…”
Read the full post athttp://www.kotive.com/blog/leapfrog-into-butter/
continue
Non-tech businesses have real challenges that can effectively be solved with technology BUT…
Market dynamics
…many of them do NOT know that there are software solutions
to their everyday frustrations AND…
Market dynamics
…many of them do NOT know where to begin the search for effective solutions AND…
Market dynamics
…they are often reluctant to start using technology, believing it is out of their reach AND…
Market dynamics
…they want to remain focussed on their core business.
Market dynamics
and gently assist them in
implementing it then…
If you can introduce them to
software solutions
and gently assist them in
implementing it then…
If you can introduce them to
software solutions
they will love you for this
& will gladly pay for it!
Your customers are not geographically confined to your own hometown
The globe is your market
Photo credits https://unsplash.com/@matthewwiebe
https://unsplash.com/@nasa
Signup at kotive.com and get started in the
software solutions market
Design, share & run taskflows for your and your customers’ business