Housing
A. Where I found it: The website for my apartment complex.
B. Why an opportunity might exist: Since the prices for housing are rising at this specific apartment complex, it could encourage more opportunities to make money. With the complex gaining more popularity, the need for employees will rise.
C. Prototypical customer: People who live in apartment complexes looking to make more money to help pay.
D. Exploit: The opportunity is relatively easy to exploit because there are many places looking to hire more people so finding a job should not be hard.
Why I saw the opportunity: I saw this opportunity because I live in the apartment complex and notice how busy the office is and how hectic it can get.
Medical Marijuana
A. Where I found it: Through multiple news outlets and social media.
B. Why an opportunity might exist: There is sufficient evidence that shows medical marijuana benefits those who have certain illnesses and pain.
C. Prototypical customers: This could be an individual in need of medical marijuana to help relieve pain or help with their illness.
D. Exploit: I think this is relatively easy to exploit because medical marijuana is legal in numerous states and the effect it has on those who need it is successful.
Why I saw the opportunity: I see this opportunity because I have a friend who got into a serious accident and struggled with recovery. This person was able to get a medical marijuana card and this has improved their mobility and lessens the pain tremendously.
Economic trend: Climate Change
A. Where I found it: Local news outlets
B. Why an opportunity might exist: The US Climate is changing due to global warming, which is caused by an increase in greenhouse gases, this not only leads to warmers days but increases in the prices for food.
C. Prototypical customer: Everyone is affected by climate change but more specifically those who are experiencing natural disasters.
D. Exploit: I think this is relatively hard to exploit, the population does a lot to help the climate change but there is still more that could be done.
Why I saw the opportunity: I see this opportunity because I have noticed that there are many businesses and individuals who are trying to make our planet a greener, more sustainable place.
Economic trend: Baby Boomers are not retiring
A. Where I found it: Through research.
B. Why an opportunity might exist: Older generations will not make room for younger generations to begin working and take over for them. The willingness of baby boomers to work stems from the Great Recession and the scars left from that.
C. Prototypical customer: Someone from the baby boomer generation and from the younger generation.
D. Exploit: I think this is relatively hard to exploit if all the jobs available are taken then new jobs will need to be created.
Why I saw the opportunity: I see this opportunity because many people, especially college students are looking for jobs.
Hi Jaylynn. Your take on the baby boomers not retiring is interesting. I would not have seen this opportunity as I do have a full time job while being a college student. Your first point about housing may help alleviate this issue though. If apartment complexes are making more money and needing to hire more employees, college students may be able to apply for these jobs.
ReplyDeleteHey Jaylynn,
ReplyDeleteI like your choice of topics for your sources and opportunities and one that stood out was the source on medical marijuana. You did a great job in explaining the customers and potential benefits from exploiting the opportunity. Also, your diverse topics of opportunities allows you to explore multiple avenues before you choose which opportunity you want to carry out.