On July 4, I read the Inc. Magazine list of 7 Companies Older Than America. I suspect these companies already have lawyers and even more likely do not need them. So those 7 companies might not be the best potential clients. What would be the best potential clients?
A couple of years ago I wrote: Are You and Your Firm Focusing on the Right Clients? In that post, I talked about Fortune’s Top Industries. I think it is also important to look at emerging industries. Is your firm paying close attention to those? I think it is job 1 for finding clients with substantial growth potential.
Just recently I read: China promises support for 7 emerging industries. The seven industries include:
- Affordable housing and public works construction
- Environmental protection,
- Information technology,
- Biology,
- Advanced equipment manufacturing,
- New materials and
- New-energy vehicles,
Is anyone in your firming learning the Chinese language? Will these also be emerging industries in the US and Canada?
You might also read:
- The Ten Trends That Will Shape Venture Capital In 2012 [Part 1]
- Venture Capital Draft: Hot Prospects, Part I.
- A Business Week article: America’s Most Promising Startups.
- A CNN-Money article Top Companies: Fastest Growing.
What are you doing to stay on top of what industry sectors are growing? You might wonder how I happened to find these articles. It was really pretty easy. I get RSS feeds to Forbes Entrepreneurs, Business Week-Small Business , CNN-Money Small Business in my iGoogle and Google Reader pages.