Welcome to explicitfacts.com! A place where ignited minds come to get inspired!
In this new chapter of “Business Ideas Worth Billions of Dollars”, Team Explicit Facts will try to explain regarding “The Problems to Solve, If You Want to Be A Billionaire“.
These issues are subjectively studied and will be executed by each “Future Billionaire”.
These secrets have been proved relevant for years, which helps a person to turn himself into a Billionaire.
Before you dive into this article, we very strongly recommend that you should also read our articles compiled by Team Explicit Facts, Why You Are Not Rich? Part 1 and Part 2. Also, the Harsh Realities, Business Schools Fail to Teach! Part 1 and Part 2.
We will try to relate all these rules with real-life examples, to help you understand them easily.
Solving any of these serious problems in a subjective and efficient way will surely help you to enter Billionaire Club. Let’s Get Started.
Digital Military Technology
Just keeping up with the big numbers… 2.5% of the Global Domestic Product (GDP) goes to the military in one form or another… That’s roughly 1.7 Trillion Dollars per year.
Out of that entire number the United States is responsible for a third of that.
The world is changing and although we still need some Apache helicopters and Submarines, the war zone has shifted to a more technological approach than who has the most Panzers.
A simple ad buys campaign can push the critical vote to get someone elected. It could start revolutions or dramatically change the public’s perception of an issue.
What the CIA has been doing for years, but now wealthy individuals have the same tools at their disposal.
Cambridge Analytica… Oh! we’re just the ones that got caught.
The point is governments want to have the option to both protect and attack from the comforts of their bunkers.
Cyber-warfare, as an industry is just a tag under 1 Billion Dollars.
When countries go to war with each other, they no longer send tens of thousands of troops.
Instead, they destabilize an economy, create massive protests, and then use drones or AI-driven missiles to take out strategic objectives, to give through to the lynchpin effect.
A surprising correlation is with the gaming industry because the military is currently recruiting apps games for their remote missions… Someone, who’s been virtually crushing on enemy bases since he was born.
We’ll make great soldiers when the time comes, to remotely fly a drone and deploy bombs.
Who knows, Ender’s Game might turn out to be a documentary instead of a science fiction movie after all and you can finally tell your parents that the number of hours you’ve clocked in on steam is just military training.
Want to hear some great news?
As of the end of 2017, we’ve finally tipped the balance with 51% of humanity connected to the Internet.
It’s hard to put a value on the internet right now because the next Google or Facebook could be just around the corner and all of our math would just go out the window.
To give a very rough estimate, about 20 Trillion Dollars and that’s with only half the population connected to it!!!!
Just think of, what will happen when everybody will have access to the Internet?
Just the educational aspect of it is mind-blowing, followed by trade and commerce and then the marketplace of innovation and new ideas.
Some might argue that access to the Internet is a basic human right currently… And to be honest we agree.
Our entire reality has been dramatically changed since we got access to the Internet.
Despite our formal education, we got more value from getting educated on the internet, on topics which we could apply to our everyday lives.
Up to the point where our entire company is internet centered. The employees and families we have under our company are all getting value based on incredible innovation and that is the internet.
Now let’s talk opportunity.
A guy selling things on the Internet is currently the richest man in the world.
A guy with the website, where you can post your pictures and see what your friends are up to has over 2.2 Billion monthly users, making him the fifth richest man on the planet.
You can now outsource manufacturing to a Chinese factory… Thanks to Jack Maas Alibaba, without even going to China.
The race for connecting the world to the Internet has already begun and we’re seeing Giants come out to play.
Facebook wants to beam internet over remote geographies with their electric planes.
Google with their balloons.
Elon Musk is racing Richard Branson both wanting a fleet of satellites orbiting the earth, bringing cat videos to everyone.
We’re not sure if you’ve got a chance of competing head-to-head with these guys… But approaching the issue from a creative angle, you might find yourself with a very lucrative industry on your hands.
Cybersecurity is a 200 Billion Dollars Industry right now. Most of that money comes from companies and businesses, who are looking to protect their information and are willing to pay a premium for it.
With the recent Facebook scandal, that conversation is slowly shifting to the consumer market… and Oh boy! those numbers will skyrocket.
At this point, people have no idea how valuable their data is. That’s why they give it away for free or close to free.
We believe that in the future personal data security will become one of the most lucrative businesses, even overtaking the home security industry.
Just for your information, the global home security industry is worth 50 Billion Dollars a year.
The average consumer owns increased devices, which all contain and track sensitive information about the owner.
With the rise of the “Internet of Things” in mainstream adoption, we will need viable options to protect that data.
Everything that makes you… You… are being carefully organized on the internet for our convenience.
The downside is that everything that makes you… You… can now be accessed remotely by people, who are after that information.
Just to give you guys a glimpse into how big this problem can be…
Last year a US company called Equifax got hacked. They’re in charge of maintaining the credit scores of Americans. The information on 143 million people was hacked. This includes Name, Address, Birthdate, Social Security Number and Financial History.
With that kind of information, someone could easily impersonate you, stealing your identity, buying property, getting a credit card line and ruining your life completely.
The contraceptives market size is set to exceed 33 Billion Dollars by 2023… That’s the current rate of growth.
If you’re looking to become a Billionaire in the pharma space, you might want to put your money and focus on Male Birth Control. Therefore this problem is so big.
A female can get pregnant once per year – 1.2 times if you’re good at getting pregnant… But a male can easily impregnate at least 365 females if given the opportunity and the right conditions.
Having kids is damn expensive and a simple pill, which could take the guessing out of the game of who’s the father, would surely skyrocket in popularity.
It’s about control and people are always willing to pay for control.
There are already multiple companies with pills in trials for this solution… But most of them seem to come with some serious side effects. Just like the female birth control pill… So we’re not there yet.
We are entering an exciting era in space, where we can expect more advances in the next few decades, than throughout human history.
Space is a 3 Trillion Dollars opportunity for the next few decades.
We know this isn’t one of those problems that the average Joe will be able to solve or make appropriate use of… But the opportunity is still there.
Wow! you already need to be a Billionaire to join the exclusive club of people, who are looking to mine asteroids and take people from planet to planet. Those who will take part in it, will enjoy riches beyond those we’ve seen on earth.
There’s this thing called a “Space Act Bill” which states, “Any asteroid resources obtained in outer space are the property of the entity that obtained such resources which shall be entitled to all property rights thereto consistent with applicable provisions of federal law and existing international obligations“: HR 1508.
Is this the new gold rush? You bet it is.
The only thing is there are only a handful of people, who have the option to access all the gold they can get. Just the asteroid mining industry has the potential to be a 100 Trillion Dollars Industry.
Now you understand why the likes of Jeff Bezos and Elon Musk, are so eager to get their tech right as soon as possible.
Sex robots will be a real thing mainstream and the world is patiently waiting for them, with both their wallets and wieners out. And with that joke, we can say goodbye to getting this article monetized, but, hey we do it for the lolz right.
Courtesy – YouTube
We’re currently in the middle of a 30 Billion Dollars Race, to create the first premium Sex Robot.
The thing is we’re still not there yet.
The world doesn’t want to get frisky with “Sophia – The Robot” because she’s creepy as hell. Instead, we’re all waiting for the west-world equivalent over at least something like Ex-Machina.
The good news is with the advancements we’re seeing in animatronics, 3D printing, and AI, we could have a mass-market version I available in the next 15 years.
People will buy these like crazy. Anonymously though… Through the internet but like crazy, nonetheless.
This will open up an entire new Niche’s, we’ve never even considered… Like accessories for your robot, wigs, software updates, voice packs, different faces, etc.
Anyway, you come after this industry will blow up, as humans are already evolving to be more and more anti-social. So it’s up to you if you want to make Bank on a trend like this.
Courtesy – YouTube
One of these unsolvable problems the world is facing.
Did you know that global hair transplant is a 9 Billion Dollars industry? Yep, we people love our hair!
The bulk of this industry cost is carried by men, who simply do not want to be bald… So, they’re willing to pay a premium to have hair move from one part of their body to their head.
Even though the wig market is worth over 1 Billion Dollars.
Now think how valuable a product that solves this issue in a non-surgical matter would be?
Something like a cream or even a laser-like treatment, which would reverse the balding process and allow your body to create new hair.
Plastic surgery is a 45 Billion Dollars per year industry because humans are obsessed with the way they look.
The first person to solve the death, not only will become extremely rich but will go down in history as the one who transitioned humans from animals to gods.
Larry Ellison and Peter teal are just two of the Titans, who are looking to solve the death problems we humans have.
If you think about it, death is very much like a disease and our record of accomplishment shows that we’ve been successful at curing most of them. What’s one more to add to the list?
As mentioned in our previous article, “Business Ideas Worth Billions of Dollars (Part 1)“, 3D Organ Printing, which would be our first solution for life extensions.
The reality is, if one of your organs fail, you’ll die despite the remaining organs being okay.
Organs as we know them, have a short lifespan. But what if we could re-engineer them, out of more durable materials?
It’s like switching the parts in a very intricate machine. We would also solve the problem of aging!
Nobody wants to live forever if you’re going to get older and older.
Artificial bodies will be the largest industry of the 22nd century and we’re lucky to see the incredibly early stages of this becoming known today.
The 20 Billion Dollar funeral home industry is about to get disrupted soon and we have a front-row seat.
You heard that right!
Treating a hangover is now a multi-billion-dollar industry and we still don’t have a simple “easy to use pills”, as an option for this.
As of 2018 humans spend roughly 1.9 Billion Dollars on hangover-related treatments but they’re still inefficient.
Most billionaires agree that whoever will be able to solve this problem, will become a billionaire as well, because of the high demand for this product.
It’s time to check who is true “Ex-Facters”, who have stayed till the end of these two parts articles…
Please write down in the comment box about “which three business options will you go for”?
We read all the comments and take note of each one of them.
Courtesy – YouTube
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