Where Business is Headed Toward the Next 5 Years



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People often ask me where I see business going in the next five, 15, 20 years. In this video, I cover eight different things that entrepreneurs should pay attention to in the next five plus years.

#1: Attention Span – 0:23

#2 Speed – 2:09

#3: Social Issues – 3:06

#4: Education – 4:35

#5: Data – 6:48

#6: Mobile – 7:16

#7: Boring Industries will dominate exciting industries – 8:01

#8: Transparency – 9:10

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28 Comments on “Where Business is Headed Toward the Next 5 Years”

  1. Great video, although I do believe traditional Universities WILL be taking a hit, but NOT due to lack of attention span, that's been around forever, it will be due to online education which is the same reason Blockbuster almost went bankrupt, people rent movies online, as well as buying music. The cable industry is also suffering because of the internet. people will be learning online and education in schools will diminish. "Boring Industries will dominate exciting industries" is very interesting topic…please make a video on this for a deeper understanding. Thanks for your videos, I must say your content is very original…thanks!

  2. I think degrees in Engineering, Med school, the sciences and possibly Law will stay 4 to 8 years , but I could easily see business , marketing , liberal arts and fitness degrees easily become 18 month degrees over the next 20 years.

  3. The solution for the attention span problem and people and kids who can't pay attention to things is very simple. Call it ADHD and medicate everyone into submission and paying attention! BOOM! Problem solved! That's a multi-million dollar business right there!
    Oh…. but wait! Someone has foreseen this many years ago and built a side industry on this even though it all started with a joke, a prank, yet no one cared to listen to its inventor since it was such a goldmine to take advantage of!

    That aside, very interesting points Pat is making in this video and I think he may very well be right!

  4. Virtual Reality classrooms will be awesome. There will be lots of travel,but not physical travel. But we will feel like we're there. Can you imagine?

  5. Actually.. the memory of a goldfish is seconds… that abit different from attention span. But i get ur concept

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