lexi-ruskell-229167-unsplash

What is an industry disruptor?

It is a business innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market leading firms, products, and alliances.

Think….

  • UBER & LYFT vs. traditional taxi services 
  • NETFLIX vs. video rental stores 
  • AIR B & B vs. hotels / motels 
  • AMAZON vs. everything 

According to Forbes, the next few years may include disruptions in these areas:

  1. Fintech – financial technology
  2. Healthcare & Biotech – online pharmacy, blood testing, etc.
  3. Artificial Intelligence
  4. Virtual Reality
  5. Insurance – health, legal and other

I don’t know what all of this means.

I had to look up “fintech.”

The bottom line is that fresh, creative new companies have moved in and hauled away the hearts of the consumer.

I especially like #5.

  • I’m glad that someone is disrupting the high cost of health insurance, and I hope the future of healthcare will be brighter.
  • Because I have been burned by high legal costs in the past, I am a firm believer in shaking up the world of lawyers and legal fees.

Since joining Legal Shield, we have used a lawyer more than we ever had before.

DUH, because now we can afford it.

  • We now have good quality attorneys at our disposal
  • We have legal counsel on “retainer” if you will — hehe….it sounds mah-velous to say that
  • We have a legal buddy at the touch of an app

If you haven’t needed a lawyer, chances are you will someday.

Or you will wish you had.

Click to support innovation, save money, & seek legal counsel on *retainer* 🙂

This is re-posted from my other blog: https://sotapthatapp.wordpress.com/

Photo credit:Lexi Ruskell

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s