Regulatory
Opportunity 1:
Solar Panels tariff
Where I found it: https://www.greentechmedia.com/articles/read/forecast-shows-how-tariffs-will-hurt-solar-growth-state-by-state#gs.XAbQJGQ
What leads you to believe that this information suggests an opportunity might exist: solar panels are expected to decrease in prominence because of the tariff, alternative energy systems may gain in popularity (like wind power)
Who do you think is most likely to be the customer with the opportunity: middle class individuals that are wanting to protect the environment
Is the opportunity relatively easy or relatively difficult to exploit, why? Relatively difficult, need to choose an energy source and focus on that. Most likely would be wind power based on affordability. I have no experience with developing wind turbines for personal use.
What leads you to believe that this information suggests an opportunity might exist: solar panels are expected to decrease in prominence because of the tariff, alternative energy systems may gain in popularity (like wind power)
Who do you think is most likely to be the customer with the opportunity: middle class individuals that are wanting to protect the environment
Is the opportunity relatively easy or relatively difficult to exploit, why? Relatively difficult, need to choose an energy source and focus on that. Most likely would be wind power based on affordability. I have no experience with developing wind turbines for personal use.
Opportunity 2:
Washing Machines
Where I found it: https://www.nytimes.com/2018/01/22/business/trump-tariffs-washing-machines-solar-panels.html
What leads you to believe that this information suggests an opportunity might exist: the price of washing machines will go up because we have a tariff on them. There is an opportunity to make washer machines at a low price.
Who do you think is most likely to be the customer with the opportunity: The customer is most likely to be someone in a family that is in a suburban or rural area where they do their laundry not at a laundromat. Most likely mid to high income.
Is the opportunity relatively easy or relatively difficult to exploit, why? Pretty difficult to start a washing machine business because I have no idea how to make one and the time and effort it would take to get deals for the parts would be ridiculous.
What leads you to believe that this information suggests an opportunity might exist: the price of washing machines will go up because we have a tariff on them. There is an opportunity to make washer machines at a low price.
Who do you think is most likely to be the customer with the opportunity: The customer is most likely to be someone in a family that is in a suburban or rural area where they do their laundry not at a laundromat. Most likely mid to high income.
Is the opportunity relatively easy or relatively difficult to exploit, why? Pretty difficult to start a washing machine business because I have no idea how to make one and the time and effort it would take to get deals for the parts would be ridiculous.
Economic
Opportunity 1:
Puerto Rico struggling to obtain necessities of life.
Where I found it: https://thinkprogress.org/fema-puerto-rico-aid-4bf6fda50ca3/
What leads you to believe that this information suggests an opportunity might exist: Utility companies are running out of supply. Demand > Supply. Doesn’t look like the mainland will be stepping in to help Puerto Rico anymore
Who do you think is most likely to be the customer with the opportunity: I think that poorer individuals in Puerto Rico will be desperate for water, they will not be able to stockpile water from the store when the supermarkets open back up. Also businesses may be willing to buy my water and sell at higher price to locals.
Is the opportunity relatively easy or relatively difficult to exploit, why? Very easy to transport water bottles to Puerto Rico as it is a territory. Living in Florida means flights won’t be too expensive. Water is very easy to transport. Problem would be to transport water around Puerto Rico
What leads you to believe that this information suggests an opportunity might exist: Utility companies are running out of supply. Demand > Supply. Doesn’t look like the mainland will be stepping in to help Puerto Rico anymore
Who do you think is most likely to be the customer with the opportunity: I think that poorer individuals in Puerto Rico will be desperate for water, they will not be able to stockpile water from the store when the supermarkets open back up. Also businesses may be willing to buy my water and sell at higher price to locals.
Is the opportunity relatively easy or relatively difficult to exploit, why? Very easy to transport water bottles to Puerto Rico as it is a territory. Living in Florida means flights won’t be too expensive. Water is very easy to transport. Problem would be to transport water around Puerto Rico
Opportunity 2:
Greek life in Florida is falling apart, lack of parties and
social life on campus.
Where I found it: https://www.news4jax.com/news/local/jacksonville/unf-greek-life-events-suspended-indefinitely
What
leads you to believe that this information suggests an opportunity might exist?
People want to go out and party/spend money on
drinks for fun. With social atmosphere falling apart from Greek life being
irresponsible, there is a demand for social activities. Who do you think is most likely to be the customer with the opportunity? Customer would be social minded individuals at universities. Need to be older than 21 to drink
Is the opportunity relatively easy or difficult to exploit, why? Very easy to rent out buses and get drinks. Can set up a party bus type of situation and
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