Identifying Opportunities in Economic & Regulatory Trends
Economic
trend: Millennial's and the Myopia Epidemic
·
This
opportunity exists because the new generations are using tablets, computers,
and getting less exposure to the sun which according to the article are all related
to having a higher chance of myopia(nearsightedness). In the article they say
that more than 2 billion dollars a year are spent on medical costs for the eye.
This will only continue with the rate of tablet usage and the transition to
technology.
·
The
opportunity lies with the optical, optometrists, ophthalmologists, and
insurance companies.
·
The
opportunity is easy to exploit because everyone needs glasses and their eyes
checked. It is one of the seven senses, probably the most used.
·
I
found this opportunity because I am very passionate about optometry and vision care.
I want to work in this field so I believe it is my responsibility to be up to
date with the trends.
Economic
Trend: Climate Change is causing more disasters, specifically fires
·
With
climate change affecting the globe many towns are affected by random fires.
This has caused damage to many homes and businesses. Many people do not have
enough money to build their houses back up and are forced to relocate. What I propose
is to start buying their land for cheap, and renovating the land.
·
The
opportunity lies with people who lost their homes to fires, real estate
investors, investors, building companies, contractors
·
This
opportunity seems easy to exploit considering families would ought to be
desperate in getting something back from the fires.
·
This
opportunity was brought to light when I saw major fires on social media and how
people were rebuilding. I wondered if everyone was rebuilding.
Regulatory
Trend: Elon Musk’s Tunnel system
·
The
future is transportation underground. Elon musk believes he can solve major
traffic if he builds tunnels underground that take cars individually to another
destination without the person having to drive. It is still in its developing stages,
but I believe an opportunity to invest early because it will become the future
of transportation.
·
The
opportunity lies with investors, companies, contractors, government
·
This
opportunity is not easy to exploit because one must have a lot of money to
invest. But I do believe new ideas can be sprouted once it is functional. Perhaps,
underground cities?
·
This
opportunity was brought to my attention because I like Elon musk and Tesla.
Regulatory
trend: Ex-Felons in Florida can vote
·
If
ex-felons can vote than there exists an opportunity for candidates that want to
run for governor, mayor, senator, etc. in Florida have a larger pool of people.
A different demographic, they have to appeal to them and may campaign to
provide better and more jobs for ex-felons. This can open up opportunity for businesses
to get funding to open up their businesses to felons for additional funding.
·
The
opportunity lies with ex-felons, political parties, businesses
·
This
opportunity is a bit hard to take advantage of because it requires steps to achieve.
Initially not many businesses are going to hire without some sort of incentive.
Which is where the future is heading with the new candidates that will be running
for office in Florida.
·
I
found this opportunity because many people have been politically involved on social
media and it shows up all over my feed.
Hi Brandon,
ReplyDeleteYou mentioned some interesting economic trends regarding eye care and climate change. It’s unfortunate that increased technology use has caused a decrease in eye health. The long-term effects of a trend like that could be devastating. Hopefully, individuals take time to go outside and enjoy nature, protecting their health in the process. Regarding climate change, I agree that many areas have been affected by the resulting natural disasters. Going forward, you could explore building practices that might reduce the impact of such disasters in the future. For the regulatory trends you mentioned, it will be fascinating to see how the tunnel technology develops and how the newly enfranchised voters impact elections.
Hi Brandon,
ReplyDeleteI enjoyed reading the economic and regular trends you mentioned. I had no idea that technology and the lack of sun could be related to myopia. Myopia runs on my family ; however, I never did my research about external factors. Moreover, I read about ex-felons being able to vote and understood that this is a reality for some felons excluding the ones convicted for murder or sexual offense.
Hi Brandon,
ReplyDeleteI enjoyed both of your economical articles very much. The rise in nearsightedness is amazing but very believable. Many of us spend hours looking at our phone or computers and block anything far from us out. Also, the second opportunity is very likely and seems easily acted upon. Many people are going to want their houses rebuilt.