Thursday, May 26, 2016

Looking for Opportunity

1.     Economic Opportunity 1: Jewlers could potentially be replaced by online dealers
a.      Where I found it: http://money.cnn.com/2016/05/26/investing/signet-tiffany-jewelry-earnings/index.html?iid=hp-stack-dom
b.     What makes me think an opportunity exists: Jewelry stores are having to discount their jewelry to improve the market
c.      Who is the customer: Jewelers or wealthy people?  
d.     Is the opportunity easy or hard to exploit: The opportunity will be difficult to exploit because of the receding market and the stiff competition that already exists.
e.      Why did I see the opportunity: I am an ISOM major and as such am constantly looking for opportunities for business online.
2.     Economic Opportunity 2: Online banking security is at risk as hackers are becoming increasingly prevalent.
a.      Where I found it: http://money.cnn.com/2016/05/26/technology/swift-bank-hack-philippines-lazarus/index.html?iid=hp-stack-dom
b.     What makes me think an opportunity exists: Banks are willing to invest in order to save them from theft and negative media.
c.      Who is the customer: Banks
d.     Is the opportunity easy or hard to exploit: Hard, as hackers are difficult to protect against and one slip up can mean complete failure.
e.      Why did I see the opportunity: As someone who does online banking this concerns me and I hope that my bank would be protective of my information.
3.     Regulatory Opportunity 1: Bridges are starting to fall apart as the infrastructure needs updating.
a.      Where I found it: http://www.cnn.com/2016/05/25/politics/infrastructure-roads-bridges-airports-railroads/index.html
b.     What makes me think an opportunity exists: National park service is hiring others to repair outdated bridges.
c.      Who is the customer: National park service and other government
d.     Is the opportunity easy or hard to exploit: Hard, repairing bridges on a national scale requires billions and is difficult to get the grant for.
e.      Why did I see the opportunity: I have been interested in historical decay as a whole.
4.     Regulatory Opportunity 2: Flint, Michigan has no clean water.
a.      Where I found it: http://www.cnn.com/2016/04/20/health/flint-michigan-crisis-at-a-glance/index.html
b.     What makes me think an opportunity exists: Clean water needs to be transported to flint cheaply.
c.      Who is the customer: Flint residents.
d.     Is the opportunity easy or hard to exploit: Easy, it is relatively cheap to transport water gallons and sell them.

e.      Why did I see the opportunity: I have been following flints water crisis since it came on the news and was interested in the tragedy that happened. 

1 comment:

  1. Jewelers being replaced by online dealers is something I can see happening but it something that would be difficult to do as well I feel. Buying jewelry is something that involves an experience with someone giving you input and helping you figure something out on what to get. So that is something I feel that won't happen for a while. Online security is something that should be a priority always and made better because millions of people can be affected by a hack. Bridges and all other forms of public transportation should be looked into but as you said the cost is high and sadly it isn't a priority for the government compared to other things. And the Flint issue is one that is sadly still an issue, hopefully it is something that is completely resolved very soon.

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