Industries Booming with Potential for Entrepreneurship

Harry T. Prewitt
3 min readAug 1, 2019

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The entrepreneurial ecosystem is rapidly expanding as more and more people are becoming part of it. In fact, in the 21st century, the professional field showing the greatest world-wide growth is entrepreneurship. There are many reasons why people aspire to become entrepreneurs today. Some people want to bring a positive change in the world; some have the itch to invent a product or start a service; some want to provide solutions to human being’s most relevant problems, and some simply do it for the status it carries and the limitless income they could earn. Every person has his or her own reason for pursuing entrepreneurship.

As technology continues fueling innovation, there are many fields in the world experiencing rapid progress. Entrepreneurs like to make an impact in whichever industry they choose to operate and most entrepreneurs choose an industry that they’re particularly passionate about.

Here are some of the fields ripe with potential for entrepreneurship:

Real Estate — As mentioned above, one of the most significant reasons why people choose to become entrepreneurs is because they want to solve the world’s problems. Lack of affordable housing is a major problem that concerns a majority of the world’s population. In fact, several areas in the United States and the world face a dire shortage of affordable homes and the increasing prices of real estate make the matter worse. Many individuals cannot afford to rent a home with their current income, let alone purchase a new one. Entrepreneurs in the real estate field have joined hands to tackle this problem with innovative housing solutions such as tiny homes and urban infill.

Staffing and Recruiting — Behind every successful corporation is a team of people who work hard, make sacrifices, show relentless determination, have a strong work ethic, and bring valuable input to help solve any given problem. But these people are hard to find, and the largest corporations on earth are constantly on the lookout for them. This has spawned an entirely new industry: IT staffing. A good example of an entrepreneur in this space is that of Dave Fox, a Canadian based in Miami who excels in the field. He is the Founder of Focus Global Talent Solutions, a company that specializes in IT staffing and focuses on specialized areas of technology including artificial intelligence, digital marketing, analytics, and business intelligence. In short, companies looking for talent in and around these fields reach out to Focus GTS to hunt down the best and the brightest, and, if necessary, lure them away from their current job with the promise of either more money or a more challenging and rewarding position.

Technology — Perhaps the most common industry out there in terms of potential for entrepreneurship is technology. The likes of Mark Zuckerberg, Bill Gates, Elon Musk, and Jeff Bezos are paramount examples of billionaire entrepreneurs. They have disrupted the entire space of technology with remarkable inventions that continue to transform the lives of people around the world.

Entrepreneurship is alive and thriving today. How will you contribute to this ever-expanding ecosystem?

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