There's Opportunity In South Florida

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This entry was posted on 10/31/2007 4:00 PM and is filed under the entrepreneurial way.

During tough times the strong will survive and grow!

As I ramblin around South Florida I find industries like the Marine industry for boats over 85 feet, the networking market is booming, cost effective think tanks are doing great, anyone selling overseas is flush with cash, direct marketers that reach people with money are selling product.  One common denominator is that these businesses either sell to people with real money or they sell to people in other countries. 

If you don't fit into any of these catagories, then you must put together a plan to target these types of businesses.

People that have equity left in their houses and are taking the money out...or a line of credit are doing well.  It is amazing that when people don't has the stress of paying bills or surviving day to day, customers and prospects migrate to these people.

If you don't have the money to have peace of mind... fake it!

Companies that have venture capitol, especially from hedge funds or overseas investors still have lots of cash available.  The merger and aquisition market may be slow, however many hedge funds are private investors that have tons of cash available.

Many of the companies that are growing in the healthcare or technology markets have this type of funding.  Many of the companies are between 5-20 million dollars in revenue.

As you ramble around South Florida, let me know what you are finding!

 

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