Business Munchies: Pre-School/Day Care Industry, Invoice Discounting & Non-Alcoholic Beer
In this episode of Business Munchies, we discuss the following ideas:
1. Pre-School/Day Care Industry: Urbanization is increasing, and nuclear families are on the rise. Combine this with the fact that more women are now part of the workforce, the need for Day care and pre-schools will be increasing at a 20%+ compounded growth rate in the next few years. This presents opportunities to build businesses in this Industry. We speak about the niche in this space of doing Corporate Day Care and also the opportunity in Tier 2 & Tier 3.
2. Creator Economy: We look at what's happening in this space and the two core problems that need to be solved as this industry matures. First, how do you ensure that the wealth created in this space is spread across many creators instead of just the top ones. Second, how can you improve distribution for new creators.
3. Invoice Discounting: We talk about TReDs and the government's intent to expand the scope of this platform to ensure all government agencies use the platform to enable their vendors to discount the invoices raised against these agencies. This will provide working capital relief for companies working with government agencies. We also talk about the opportunity to identify niche industries in this space and develop a strong expertise in that segment.
4. Non-Alcoholic Beer: There is growing concerns over the health impact of Alcohol and the hangovers that older people have to deal with. We discuss if there are opportunities to create non-alcoholic beverages and if there's a space in creating products that help with hangovers.