Alex Hormozi: 5 UNTAPPED Industries that could make you a BILLIONAIRE
Last updated: Jun 15, 2023
The video discusses five industries that are currently untapped and have the potential to make someone a billionaire, including all things associated with cryptos and web 3.0, cannabis, e-learning, remote living, and warehousing logistics.
This video by Alex Hormozi was published on Oct 6, 2021. Video length: 05:10.
In this video, Alex Hormozi discusses five industries that he believes are untapped and have the potential to make someone a billionaire.
These industries include all things associated with cryptos and web 3.0, cannabis, e-learning, remote living, and warehousing logistics. Hormozi explains that it is important to choose a market that is growing, easy to target, has a need for it, and has purchasing power.
He also emphasizes the importance of finding a niche within these industries to capture the growing marketplace.
The market you pick determines your level of success in business.
Cryptos and Web 3.0 have a lot of cool applications and are a booming industry.
The cannabis market is still big and has tons of growth potential.
E-learning is becoming increasingly fragmented and is a good marketplace for niche skills.
Remote living and warehousing logistics are growing industries with many business opportunities.
The number one question that Alex Hormozi gets is what market to go after when starting a business.
The market that you pick has a huge determination on the level of success that you have.
It is far more important to pick the right boat than how hard you row.
Cryptos and Web 3.0
All things associated with cryptos and web 3.0 are booming and have a lot of cool applications that are going to come as a result of this new technology.
Even if you're okay, you will be a player in a massively growing industry.
There is a huge tailwind behind you.
Cannabis
The market for cannabis is still big and hasn't been completely conquered yet.
It's relatively recession-proof and is a pro-recession thing.