I recently had the opportunity to speak to Marty Mizrahi, a successful, experienced and well-connected Las Vegas entrepreneur about areas in which he thinks small business entrepreneurs can make a difference in the area. Here is what he said.
Food and Beverage
Las Vegas is a city known for its diverse culinary scene, and standards are high, but there are still opportunities to offer something unique. New and innovative dining experiences, such as farm-to-table, vegan or vegetarian cuisine, or fusion cuisine can still stand out. An entrepreneur launching a new restaurant or bar would need to be creative, innovative, and willing to take risks, as well as possess a passion for food, a strong work ethic, and above all, a customer-centric mindset.
Las Vegas is a city that hosts a variety of events, from corporate conferences to weddings, and whereas hosting these events remains the domain of larger players, there are opportunities for small businesses to offer virtual events, sustainable event planning, or immersive experiences in well known venues. Once again, customer expectations are high and a customer-centric mindset is key. Organizational skills, attention to detail, and a creative mindset are also very important.
Las Vegas is a city known for its entertainment industry, but the city is crying out for new and innovative entertainment experiences, such as interactive shows, immersive experiences, and augmented and virtual reality. If you’re an entrepreneur who’s creative, innovative, and able to think outside the box, this could be for you. You’ll also need excellent marketing and networking skills, a customer-centric mindset, and a readiness to ability to adapt to changing trends and technologies.