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Remember When

These are the milestones you'll remember 2003 by. Hope you take advantage.

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This story appears in the January 2003 issue of Entrepreneur. Subscribe »

This year promises to be a big one for anniversaries. A hundred years ago, the Wright brothers flew and Harley Davidson began to rumble. In 1803, Lewis and Clark set out to explore the Louisiana Purchase. But 2003 will also hold momentous events of its own spelling challenges and opportunities for entrepreneurs:

  • DVD Becomes Ubiquitous: DVD players crossed a threshold in 2002: They're now in 33 percent of U.S. homes. That's caused several movie studios to stop distributing films on VHS tape. But most DVD players lack VHS' prime benefit: recording.

DVD recordables are still $800-plus products, says Tara Dunion, director of the Consumer Electronics Association. That means there's a short-term opportunity providing a service to convert treasured tapes to DVD format (think wedding and baby videos).

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