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Reasons Why Issa Asad Sees South Florida’s Tech Industry Rising

Located at the southern tip of the United States, South Florida is known for being an ideal vacation spot, a great retirement locale, as well as a great place in which to retire. However, many may be quite surprised to find that the area is increasingly being known for its tech industry.

Issa Asad, a technology and telecom entrepreneur, social media expert and bestselling author from Miami, Florida, says that “South Florida’s technology industry is increasing its success and prominence even more this year.”

Technology Expert Issa Asad

Issa Asad

Issa Asad has been an entrepreneur in South Florida since 1996. His books on how to succeed on social media, including Instant Profits with Instagram and Instant Profits with Snapchat, have been downloaded hundreds of times on Amazon. He is also the CEO of Q Link Wireless and Quadrant Holdings in Dania, Florida.

Recently, Asad shared with us why he believes the South Florida’s technology industry is increasing. Here are the reasons why Issa Asad sees South Florida’s tech industry rising.

1. Silicon Valley Money Is Coming in to Boost Tech Start-Ups

Silicon Valley, the American capital of tech entrepreneurs and technology has increasingly shifted its focus to the rest of America as it looks for the next greatest ideas. This focus has resulted South Florida increasing its emergence as a tech hub since 2011.

A good example is GrubHub which in 2014 achieved market capitalization due to the continued backing from Silicon Valley investors. He predicts this trend to continue and thereby cause the tech industry in this region to boom to even further heights.

2. Increased Global Awareness of the Opportunities

First Personal computer By: IBM in FloridaDid you know that the first personal computer by IBM was invented and introduced in South Florida? This is one of the many surprisingly little known facts about the tech industry in South Florida. This industry can trace its roots back to the first days of computing and has shown immense inventiveness and ingenuity in the market.

Increased awareness of the important place that South Florida holds in the tech industry is now becoming a reality thanks to the efforts of organizations like the non-profit, South Florida Technology Alliance. This organization has taken upon itself to market the region and attract more investment in an industry with a very solid background. It has created an IT network that provides invaluable information, technology resources and event information to possible investors and tech entrepreneurs.

3. Gateway to Latin America and Caribbean Markets

South Florida is perfectly placed as the gateway to the Latin American and Caribbean markets. The region boasts the perfect mix of technology skills and innovation combined with bilingual use of Spanish and English. This makes it the perfect entry point into these new markets. As Issa Asad explains, “this is prime time to capitalize on global connectivity brought on by social media to create a marketing storm.”

Companies that are able to create compelling social media campaigns to breach these new markets, will see an immense surge in their revenue and profitability. Furthermore, with a thawing in the offing of international relations between the United States and Cuba, South Florida’s market potential is about to increase. Investors are keenly watching the Government’s shift in policy towards Cuba with such moves as a lifting of the embargo that has been in place since JFK was in office.

4. Social Media and Mobile Computing Leading to Economic Growth

On the list of why South Florida’s tech industry is increasing, is the boom of nationally recognized tech companies in the area. Companies such as 3Cinteractive and Modernizing Medicine are changing the scene by continued to show increased profitability, national success and potential to cross over into international markets. This is important because it creates a pervasive impression that the area is ripe for increased investment.

5. IT Events Held in South Florida

Just last December, Florida hosted ITPalooza and in May the region played host to eMerge Americas Techweek Conference. These conferences brought together tech industry experts and investors to discuss the future of the Information Technology industry in Miami. This reflects the optimism and confidence that this market is creating in the minds of industry players. A second eMerge Americas Techweek Conference is scheduled for May 2015 and this will see a definite increase in the amount of investment directed into the South Florida tech industry.

The time to invest in this burgeoning market is now.

Five Tips for Entrepreneurs

5-tipsDo you have dreams of being an entrepreneur? Many people do. It carries the promise of doing what you love, being in charge and potentially making good money in the process. That being said, don’t get caught up in thinking all you need is the dream. Just about everyone has that. Consider the following five tips for entrepreneurs and for a better shot at actually succeeding.

The following tips have been followed for multiple entrepreneurs and CEO Issa Asad.

Stay Focused

First and foremost, the more focused you can stay on your business, the better your chances are of succeeding. It’s as easy as that. Many entrepreneurs who are new to this field can’t help but chase every shiny object that comes their way. Unfortunately, many of these don’t remotely pan out and are worth more trouble than chasing them is worth.

Fight the constant temptation to get sidetracked. Juggling too many priorities will leave you spread too thin, something you can’t afford when you’re just getting started (though it’s never a very good idea).

At the end of the day, master your trade instead of trying to be a jack of all of them.

Stick to What You Know

Stay away from business ideas that attract you for the wrong reasons. Don’t start a company for money, prestige, etc. Instead, go for something you’ll actually love the entire time. This will keep you going when times get tough.

Working with something you actually know about also helps because you come in with a natural advantage. You’ll definitely run into challenges you don’t have any knowledge about, but that’s when you outsource or hire on people who can help you in these areas.

Can You Pitch in an Elevator?

This piece of old advice still holds as well today as it ever did. Can you explain your business in 30 seconds? That’s all the time you’re most likely to have when riding an elevator.

The idea is that if it takes you 45 minutes to explain why your business idea is so great, You’ll never find investors. You’ll have a hard time finding anyone to buy your product too. If you can’t do this, it’s either back to the drawing board or, again, working with a writer or marketer who can help you put your understanding into simple words.

Act Lean, Even When You’re Not

Today, when someone talks about a startup, many of us are conditioned to think about huge offices with flat screen TVs, lax dress codes and all kinds of high-tech toys available.

The truth, though, is that being a startup means spending way below your means and always doing so. You never know when the market could rock you or otherwise sink your profits. At the same time, you never know when the market will provide you with a huge opportunity if you have the capital to take it.

Get Started

At the end of the day, you can read a million books on this topic, but eventually you need to pull the trigger. The sooner you get started, the better off you’ll be. So take that first step right now.