Tuesday, September 11, 2018

6A – Identifying Opportunities in Economic & Regulatory Trends



Economic trend



Opportunity 1:

As our world is changing really fast, technology seems to be the future of the american economy. Most economic newspapers like Business Insider or Bloomberg.com emphasize the importance of investing in start-ups high-tech companies. As a matter of facts, we should increase our partnerships with countries like Israel, India or Singapore as they seem to appear as the next big world technology centers outside the United States. The customers who will benefit from these partnerships are the entrepreneurs themselves but also the regular citizen who will see capital revenues entering their countries and add to their country’s wealth. I believe that for a country like the United States, it shouldn’t be too complicated to stay up-to-date with the world economic changes.



The reason I am aware of this opportunity is because I am greatly interested by technology changes and advancement which makes me follow social media pages on the matter.



Opportunity 2:

On a long-term basis, we know that we would have to make some efforts in order to change the terrible climate change trend. One of the big changes that seems to appear as objectively possible is the replacement of fuel cars for electric cars. We can see this phenomenon with the development of Tesla and their ambitious project. In this case the potential typical citizen is both the typical consumer and the one who will benefit from this change because we are all concern by this global warming threat.



I am aware of this opportunity is because I have family members investing in the electric industry. They follow with great interest the development of this industry.



Regulatory trend



Opportunity 3:



Both medical and recreational marijuana seem to gain legal status in the United States. This matter became a real political subject and emerge sometimes during election debates. Many states are decriminalizing marijuana’s uses. If medical marijuana is having a better advancement than recreational marijuana, one can only be aware of this phenomenon and new business opportunities can be created from that. The people who are going to be the future clients and customers will be those who are already using it illegally and those who need it for medical treatments. Both previously judged “criminal” and medical patient will benefit from this opportunity.



I am aware of this opportunity is because I’m originally from Brussels, Belgium which is two hours away from Amsterdam “the Marijuana capital of the world”. It always appeared to me as absurd that someone in Belgium smoking marijuana can be sent to jail while when crossing the inexistent border between Belgium and the Netherlands, it suddenly becomes legal.



Opportunity 4:

Same-sex marriage seems to gain popularity among American public. Every poll show that our generation is more accepting of this trend than our parent and grandparent’s generations. This change is having a strong regulatory impact on the United states law. More and more states are legalizing same-sex marriages and the few states that still haven’t legalized it are expected to change their policies soon. This can be seen as an opportunity for event organizers from these couple states that are still banning same-sex marriage. The typical customer would be the gay or lesbian person who is waiting on the legal status to change in order to get married.





I am aware of this opportunity because I am greatly interested by domestic American politics. Same-sex marriage being a hot topic during election times, I couldn’t be unaware of this regulatory trend.

4 comments:

  1. This comment has been removed by the author.

    ReplyDelete
  2. Hey Max,
    You did a good job explaining all of your opportunities and why you saw them. You described the prototypical customer well for each one. For opportunity two, you could have written more about why you think it would be easy or difficult to exploit. I also had a similar opportunity on allowing medical marijuana use but mine was more focused on employees. You also forgot to add links to your sources. Overall, great job!

    ReplyDelete
  3. Hi Max! I agree that there is a growing opportunity in the marijuana industry as the public's perception of it continues to change. I believe that more states will continue to follow in this trend and there will be a greater demand for it over time, especially in towns with more young people. Additionally, I like the point about more electric cars and I actually did research on this topic as well. I feel that more resources will become available to cheaply build these vehicles and will change the way that we view transportation.

    ReplyDelete
  4. Hey Max! I think you did a great job uncovering opportunities created by regulatory changes and economic trends. I believe that the opportunity being created by the decriminalization of marijuana is quite interesting. I also have traveled throughout Europe and noticed the hypocrisy of strict laws against marijuana. As seen by the massive growth of economies like Oregon and Colorado, I believe that the marijuana industry is presenting massive opportunities for entrepreneurs. Overall, I found your opportunities to be insightful and well thought out.

    ReplyDelete