Many people think you’re crazy if you imagine things that don’t exist in the real world. But the truth of the matter is that the ability to build ‘worlds’ distinct to the real world is central to your success as virtual reality (VR) and augmented reality (AR) entrepreneur. And it’s not something to laugh about. In 2020 alone, over 5.5 million units of VR and AR headsets were shipped. It’s a growing trend expected to increase to 11 million headsets this year, 2021, and 43.5 million headsets by 2025. Any way you look at it, VR and AR can be glorious opportunities you dare not miss. We’re talking about a $12 billion market with 54% yearly growth. But as ambitious as you could be to jump into this money train, being cautious is wise. Like any business before you, there’s a good chance you could bungle this one. To boot, not doing your due diligence is a surefire way to waste your investment money. The good news is some entrepreneurs have successfully invested in VR/AR business before you. Taking a…

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While hundreds of thousands of small, non-essential businesses lost revenue and some closed permanently, sectors in the entertainment saw a spike in net income. When the COVID-19 ravished the lively hoods of billions of people globally, with world shutdowns in early 2020, the entertainment industry experienced an economic downturn, as well. Cinema, concert halls, and theaters closed nearly a year, and production TV/film stalled for many months. The film industry kept a steady pace in the stock markets and received enormous gains as streaming increased in higher demand. Stream entertainment companies, such as Roku stock and other streaming companies, including Disney+ and Netflix, spiked from March 2020 to April 2021. People spent most of their time during the lockdown bonding with immediate family members and streamed services as a part of their entertainment.

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