The next great financial opportunity

In the tech community, people often believe that an “idea” can make them the next Google or the next Facebook. However, its not essentially the idea that drives the wagon. It’s the simplicity of the idea in solving something that matters.

Take the toothbrush for example. It’s a fantastic invention, but for centuries the instrument hasn’t gone through a radical change. Maybe an electric toothbrush or a chewable toothbrush, but its basic “design” is still not radically different, than say 50 or 100 or 1000 years ago. I think that’s because the toothbrush is so simple (and effective) an idea, that it hardly leaves a margin for fundamental improvements.

So what’s the next big idea, one that will bring the next great financial opportunity – globally? In a recent interview with the Time Magazine, Mark Cuban, a tech billionaire and the owner of Dallas Mavericks’, was asked about the next great financial opportunity. Here’s what he had to say:

If I were capable of predicting that, I’d already be there. The one thing I know is that the next opportunity won’t be on the Internet. It will be a technology that is somewhere else. Some 10-year-old little girl will come up with it, and we’ll all wonder how we missed it.

Well, somebody has to be lucky, right?

One thought on “The next great financial opportunity”

  1. that sounds so simple.. There is no way I can dispute that. I will just counter question it. Internet was there all the time and social networking websites were there all the time but facebook came out of the blue and carved a market for itself amidst the stiff competition. Today it has a market evaluation of 10 billion dollars. So Mark Zukerberg here did not invent anything radical but did the same thing that a few others had already done in a better way which appealed the masses.

    So I do not overrule what you are saying but I do not overrule the possibility of such market shakers like facebook in the future too. I think there are going to be a lot of these in the days to come in internet too..

    nice post btw.

    Vineet Nair
    http://vineetnair.com

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