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Showing posts from January, 2019

Jeffrey Practicing Opportunity Identification, Cont.

Economic Opportunity #1 - Recently the government ordered that gas stations are not be allowed sell fruity flavored vape juice cartridges. The economic opportunity stemmed from me watching the news and hearing my friends complain about the new rule. This opportunity can be taken advantage of by classifying the stores for the gas stations as vape stores or smoke shops Economic Opportunity #2 - Cryptocurrency at this time is not very fluid in terms of liquidating your shares and turning it into real cash. It still, however, holds value so I believe making a casino or any other business that deals with trading currency would be an extremely viable opportunity to make money. This opportunity came about through talking to my friend from Spain, who codes among other things. The use of cryptocurrency puts to use a non-fluid asset and it could perhaps turn into a credit card that - when you swipe - turns your cryptocurrency instantly into cash. Gov Opportunity #3 - There was a rezo...

Jeffrey Identifying Local Opportunities

ABUSIVE WORKPLACES TAKE A HEAVY TOLL http://bi.galegroup.com/essentials/article/GALE%7CA515041833/bae4171feb69f5b140330025064559df?u=gain40375 There is a problem in local South Florida businesses regarding a division between genders. Hostility and abuse have become major issues that have inhibited productive flow. The problem is that there is a dwindling cohesion between genders in the workplace. This problem is even occurring in local government ran organizations such as the fire station.   INCOMES GROW, BUT NOT LIKE REST OF COUNTRY http://bi.galegroup.com/essentials/article/GALE%7CA514864742/83af47ead6ad336d63ba9add892d03ee?u=gain40375 The national wage increase rate is 2.5% in metropolitan areas around the country, but in Tampa the increase is only 1.5% The problem is the wage increase rate is not progressing as quickly as it should The problem mainly affects middle class workers in th...

Forming an Opportunity Belief

1       What is the unmet need? Motivation/Guidance/knowledge 2       Who has the need? Most college students/Low income employees 3       Where did the need come from? School system? (Potentially) 4       What are people doing to meet this need now? Motivational speakers? Interviewee #1 Aspiring Entrepreneur Jake After talking to Jake for around 15 minutes and asking him a series of questions regarding his aspirations to own his own business, it became apparent that he has little knowledge regarding entrepreneurship and even less motivation to learn. He seemed careless about how he’d start his business or what his business would sell. Never had he thought about reading a book about business or anything related to the matter. He needs knowledge on how to build a business and showed no signs of actively looking to obtain said knowledge. I put him on to ...