My First Million

5 Internet Goldmines To Spot The Next $1B Trend | Steph Smith

377 snips
Dec 11, 2023
Steph Smith, an expert in spotting billion-dollar trends, shares her insights on harnessing expiring patents to unlock lucrative opportunities. She dives into the unexpected connections between sci-fi literature and real-world innovations, inspiring entrepreneurs to envision future advancements. The conversation also explores innovative telehealth strategies born from market shifts and the rise of unique sports trends. Smith emphasizes the importance of leveraging online resources to identify emerging market demands, all while encouraging creative independence.
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ADVICE

Drugs in Space

  • Varda Space Industries manufactures drugs in space, showing how sci-fi ideas can become reality.
  • Consider how emerging tech trends might intersect to create new possibilities.
ADVICE

Our World in Data

  • Use Our World in Data to explore various global trends.
  • One example is air pollution, a leading cause of death, and related products like Dyson's mask headphones.
ANECDOTE

Air Quality Products

  • Steph Smith found an AC furnace air filter with an air quality monitor.
  • This product sells surprisingly well, generating over $40 million monthly, according to Jungle Scout.
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