6A – Identifying Opportunities in Economic & Regulatory Trends


1)    Find four opportunities
1.     Wolverines, Anacondas, Raccoons Join New York’s ‘Dangerous Animals’ List
2.     U.S.-Mexico Tomato Deal Could Force Retailers, Importers to Play Ketchup
3.     Climate Experts Advise Eating More Vegetables, Less Meat
4.     California passes law that prevents cities from taxing energy generated by solar rooftop projects

2)     
·      Wolverines, Anacondas, Raccoons Join New York’s ‘Dangerous Animals’ List


(a)   where you found it (i.e., what the source of the information was that led you to form the belief about an opportunity)?

The Wall Street Journal https://www.wsj.com/articles/wolverines-anacondas-raccoons-join-new-yorks-dangerous-animals-list-11568931462

(b)  what leads you to believe that this information suggests an opportunity might exist?

I feel like since these animals are now considered officially a threat to society, people would demand a higher sense of protection, allowing companies of animal pest control to succeed in this environment since their services would be required more than usual for the removal of these animals

(c)   who do you think is most likely to be the customer with the opportunity (i.e., the prototypical customer)?

Anyone within the affected areas

(d)  is the opportunity relatively easy or relatively difficult to exploit, and why do you think so?

Not easy but also not hard since demand will always be present for this type of market

·      U.S.-Mexico Tomato Deal Could Force Retailers, Importers to Play Ketchup


(a)   where you found it (i.e., what the source of the information was that led you to form the belief about an opportunity)?

The Wall Street Journal https://www.wsj.com/articles/u-s-mexico-tomato-deal-draws-concerns-from-retailers-importers-11568930652

(b)  what leads you to believe that this information suggests an opportunity might exist?

Since the products that are imported from outside the country became of poor quality, local farmers can use this as a great push to expand the distribution and increase the production, to sell local products at a lower cost with higher qualities.

(c)   who do you think is most likely to be the customer with the opportunity (i.e., the prototypical customer)?

People who go for good quality and cheap prices a supermarkets

(d)  is the opportunity relatively easy or relatively difficult to exploit, and why do you think so?

Easy but it takes time to produce

·      Climate Experts Advise Eating More Vegetables, Less Meat

(a)   where you found it (i.e., what the source of the information was that led you to form the belief about an opportunity)?

The Wall Street Journal https://www.wsj.com/articles/climate-experts-recommend-eating-more-vegetables-less-meat-11565251202

(b)  what leads you to believe that this information suggests an opportunity might exist?

Since experts recommend to eat more vegetables instead of meat, people would listen and more if it also helps with a healthy diet and saving the planet. Production of vegetables would be a good idea for farmers

(c)   who do you think is most likely to be the customer with the opportunity (i.e., the prototypical customer)?

Anyone into healthy eating and those who care about the planets

(d)  is the opportunity relatively easy or relatively difficult to exploit, and why do you think so?

Easy but it takes time

·      California passes law that prevents cities from taxing energy generated by solar rooftop projects

(a)   where you found it (i.e., what the source of the information was that led you to form the belief about an opportunity)?

The Wall Street Journal https://www.solarpowerworldonline.com/2019/09/california-passes-law-that-prevents-cities-from-taxing-energy-generated-by-solar-rooftop-projects/

(b)  what leads you to believe that this information suggests an opportunity might exist?

For some time, California has tried to make it official for every house to have a solar rooftop panel on their houses, now they are trying to avoid taxation, making it a good business to create a solar panel service.

(c)   who do you think is most likely to be the customer with the opportunity (i.e., the prototypical customer)?

People who live in California

(d)  is the opportunity relatively easy or relatively difficult to exploit, and why do you think so?

Easy


3)    Why did you see the opportunity: I am sure a lot of people think about it once they hear the news, but the thing is that not everyone implements a system in order to take advantage in the demand of the market and more if its in a micro-economy system.


Comments

Post a Comment

Popular posts from this blog

29A – Venture Concept No. 2

Image
Opportunity ·      Who has the need? Anyone that would like to save on electricity bills or that would like to look for a more eco-friendly alternative for electricity consumption. ·      Nature of the need? The nature of the need can be found anywhere ·      What are the forces or changes in the environment creating this opportunity?  Our planet needs us to opt for alternatives that can benefit our environment and our ourselves, sadly Carbon particles hurt the atmosphere, a product that runs on solar energy can be sustainable ·      How is this market defined geographically and demographically? This can start locally and become national, demographically it targets mainly those who can afford an investment to save up money for the long run ·      How are customers currently satisfying this need? Very...
Read more

17A – Elevator Pitch No. 2

In this exercise, you'll record your elevator pitch and publish it in your post. Here's what you should include in the post: https://youtu.be/YuRir474tZU 2)  A reflection on the feedback you received from your last pitch. Yehudy was the only person to leave a comment, he mentioned how he loved my idea and product and he was much interested. He loved how I explained the scientific side of the product. 3)  What did you change, based on the feedback? I tried targeting a different audience, showing anyone can see this as   a good alternative no matter how much electricity they use each month.
Read more

18A – Create a Customer Avatar

Image
Morty (here is a picture when Morty and Jessica first fell in love back in high school) I would describe Morty as the typical father of two and married whose favorite hobby is to walk around the beaches of the city of LA on a beautiful Sunday morning. Him and his family after the beach, they drive back home to Westwood. Their house has the typical common areas: dining room, kitchen, living room and a studio room (where Morty and Jessica tend to do some of their work). On the second floor of the house there are two bedrooms, one for each kid and a bathroom they both share, there is also the master bedroom for Morty and Jessica. Morty is a really well organized person, during the weekdays he leaves to work on his electric car, he designs houses and cares much about small details. Jessica also works and sometimes she stays at home because she sells insurance. Their kids attend high school, his son likes playing video games and his daughter loves watching movies. Wh...
Read more

14A – Halfway Reflection

Image
For this exercise, I'd like you reflect on the past two months. In your post for this exercise, pretend that you're talking to a student from next semester's course. What would you tell them? I would let them know that this class challenges yourself, entrepreneurship targets the brain to get the best ideas out of each person, but not only that, this ideas will become projects and one day can become something real and that can benefit as a experience and a life teaching opportunity, 1)     Tenaciousness is a competency .  What are the behaviors that you have used (or developed) to keep up with the requirements of this course?  I have learned that I am capable to make my concepts into something tactical that can be developed in the future, I have had the idea of my solar panel project and this class has helped me with the feeling of hope that this one day will become a personal achievement. 2)     Tenaciousness is a...
Read more