Industries for Veteran Entrepreneur Start-Ups
By Debbie Gregory.
Thinking about the years ahead can help you plan your goals and strategies better and if you do it right, you can beat your entrepreneur competitors to the finish line by doing something before they do.
Here are the industries to watch in 2018:
Classroom education
Tools geared toward educators are helping to transform the educational process. Schoology creates a platform for teachers, parents, and students to review work and communicate with one another. Newsela, an Instructional Content Platform that supercharges reading engagement and learning in every subject, uses artificial intelligence to transform news articles into age-appropriate reading comprehension materials. Examity, a startup that helps administer online tests while preventing cheating, has partnerships with more than 100 universities.
Health screening
Artificial intelligence might soon be able to diagnose patients better than your physician. Freenome is working on technology that would be able to detect cancer in the body, including its location and type, using only blood samples. Grail also has an early-stage cancer detection system.
Insurance
Oscar offers health insurance policies via a user-friendly app-based interface. Lemonade targets the under and un-insured market of renters.
Law
In the legal arena, CaseText has developed software that can read a brief and suggest relevant past cases in a matter of seconds. LawGeex, offer platforms that can examine written contracts for missing information, troublesome language, or other potential red flags.
Weddings
The wedding industry is in a state flux, and engaged couple are by and large ditching the wedding planner and directly contracting their caterers, bartenders, DJs, and other vendors themselves. Companies like the Knot’s offer an app that includes contact information and access to some 300,000 vendors. Joy, a free wedding website and app, allows users to build a website, create and manage their guest list, send paperless “Save the Dates” and invitations, share details about the event, and more.
