How to identify a growth stock? And whether it is potentially on demand?

Look at their financial statment:

• Revenue growing
• Operating cashflow increasing

growing consistently year by year.
Money dont grow on tree , thus i think must be customers paying them consistently?

More people you know from different backgrounds the wider your breadth. Expanding your circle of competence helps. Looking at your passions and occupation could help you identify some opportunities.

If you were in finance/asset management/advisory industry you would have spotted iFAST. If you were in automobile you would have spotted things like XPEL. Even if we have no special edge, just generic everyday consumer behaviours would have provided many opportunities.

Dominoes, Nike, Apple, Facebook, Google, Disney, Netflix. Did you know of these companies 10 years ago? Were they already used globally? Were they already large established succesful companies? Yes!! If you sat on it and only invested in them 5 years ago you would still have made a lot of profits