The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

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.

Three business opportunities in the aftermath of the GameStop craze

Share your FTE moment...

jakobgreenfeld

New Contributor
Read Fastlane!
User Power
Value/Post Ratio
122%
Mar 14, 2021
9
11
Hey everyone!

Thanks to Bitcoin, Robinhood, and the recent GameStop Madness, interest in finance topics is at an all-time high. A tried and tested strategy to profit from such a gold rush is to sell shovels instead of digging for gold yourself. And there are plenty of opportunities to sell metaphorical shovels to the information-hungry, tech-savvy Main Street rebels.
Here are three concrete opportunities you can take advantage of right now.

Opportunity 1: Riches in Niches​

While unsurprisingly, all big finance Subreddits are exploding right now, dozens of niche communities are also seeing unprecedented growth. The most popular categories are:
The most obvious way to take advantage of this opportunity is by starting a paid publication. Retail investors are just as hungry for information as professional ones. And it's no secret that investors are happy to pay for anything that gives them even the slightest edge.

Publications like The Van Trump Report and Scuttle Blurb are growing like crazy because they offer balanced insights at an affordable price.
Could you do something similar for, say "Shroom Stocks?".

Importantly, you can pull this off even if you're not an expert. Just be honest about it and learn in public.

Opportunity 2: Democratizing the Means of Production​

Keith Gill aka Deep F***** Value aka the guy who started the GameStop saga has a YouTube channel where he shares, among others, the tools he uses to analyze stocks. While his setup is fairly advanced for a retail investor, it's also full of rather awkward workarounds. Awkward workarounds like this are always a clear sign that there's an opportunity for a better solution.
For professional investors this problem is solved by Bloomberg terminals ($24,000/year) which even include a custom keyboard with a "Help" button that, if tapped twice, immediately connects you with someone at Bloomberg.

What would an affordable alternative to the Bloomberg terminal look like?

Opportunity 3: Uncovering Game-Changing Information​

Selling relevant data is probably the fastest way to help investors uncover game-changing information if you're not a subject expert. Huge companies like Renaissance Technologies get an edge by applying machine learning algorithms to data collected online.

For example, understanding how people talk about a given stock on Twitter or Reddit is certainly a valuable data point. Using sentiment analysis algorithms this task can easily be automated and done at scale.

Offering this kind of results to retail investors at an affordable price seems not just like a great opportunity but is also something a solo developer could easily pull off.
A related opportunity is that many companies rely at least to some extent on traffic that Google sends their way. Hence when the Google algorithm decides to feature a company's website less prominently in the search results, this is certainly game-changing information that will affect the company's revenue and stock price.

Thanks for reading! I regularly do research on unique business opportunities and you can find all of my reports here.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Peal

Contributor
User Power
Value/Post Ratio
176%
Apr 4, 2020
51
90
Western U.S.
While I appreciate your efforts, is it actually possible for retail investors to have "an edge?" I don't believe it is. Success in these Reddit phenomenons can only be attributed to luck. Plus there are plenty of Jim Cramer's out there, the world doesn't need any more of them.
 
Last edited:

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top