SPONSORED: GiganticWebsites.com: We Build Sites with THOUSANDS of Unique and Genuinely Useful Articles
30% to 50% Fastlane-exclusive discounts on WordPress-powered websites with everything included: WordPress setup, design, keyword research, article creation and article publishing. Click HERE to claim.Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.
Free registration at the forum removes this block.Your competitive advantage is quite obvious then. You are lightyears ahead of a typical person if you were to start a business in your industry given your training, and having years of experience in your industry.Thanks for responding!
Adding to my response above, I have a bachelors and PhD in Computer Science. I now work for a large data analytics software company. My specialty is image processing and computer vision. I use a lot of AI in my work, so it's all cutting-edge stuff.
Our customers are other businesses that need data analytics. My team's customers specifically are those that have any type of image data (photos, medical images, etc.). Our software helps them convert (large amounts of) image data into metrics that they can use for decision making, e.g., automatically counting cars from a street camera feed.
You know, I've read many best-selling authors over the years, but this is the first time I've been able to correspond with one directly. And that too so quickly. I'm flattered you took the time to respond!Welcome, software is a great stepping stone to Fastlane .. is it engineering or development?
Thanks for responding!Tell us more about your job and what your role is, what your skills are, and what industry you work with (not just “software”, but what kind of software, what types of businesses does your company work with, etc) so we might be able to give some more useful and pointed advice.
Your competitive advantage is quite obvious then. You are lightyears ahead of a typical person if you were to start a business in your industry given your training, and having years of experience in your industry.
You are intimate with the industry you are in, so you should keep your eyes peeled for market inefficiencies, opportunities, etc. Look for things that can be done better. Look for things that no one else is offering. That is the most likely chance for you to have a scalable, 7+ figure business that runs itself that you could grow in just a few short years.
The relationships you have made, the people you know, the pain points you notice...all of these things are invaluable.
I don't know 5% of your industry as well as you do so I would be awful at spotting a good opportunity to jump into.
To me it is an opportunity similar to a relative of my best friend. He was an actuary at a large firm and was quite successful. He used his connections and experience to start his own firm. He landed Tyson foods as a client and now is worth around 30 million and enjoys a nice life in his mid 40's. I think you have a similar opportunity in some ways.
Whoa, thanks @Mr. Schmidt! I like what you made. Can I download it and file it away to use later if I want?View attachment 35242
Welcome. I got bored and reworked your logo. Hope you enjoy your stay.
It's really interesting that you have this background, I'm a software engineer that's been studying data science on the side. I often wonder how to use AI and data analytics as a service to start a high-ticket B2B analytics firm.
Knowing what you know, would you be able to offer a service?
Examples:
- Analyzing medical data and helping companies build models for prediction/diagnosis
- Helping marketing teams analyze their data and build models for customer targeting
What would you say? What's the industry you know best and what's the skill or service that you are most qualified to help them with?
Join Fastlane Insiders.