Economic Trend: Interest rates are Rising.
-
This trend suggests that an opportunity might
exist because it is a fact, and it can be the right time for banks to push more
loans, and people with some cash to give them for loans at maybe a lower rate
than banks and make money.
-
The customers with the opportunity would
definitely be the banks that give loans and personal lenders who make more profit
while interest rates are increasing. It will be a little challenge for them as
most people don’t like loans if the interest rates are high.
-
I saw this opportunity maybe because I believe
that most of the time, rich people get richer in cases where poor people are
affected.
Economic Trend: The
Economy Is in the Expansion Phase of the Business Cycle.
-
I believe that this trend has an opportunity because
that means that businesses are getting some important revenues, and they are
also expanding. Thus, the opportunity I see is the fact that those businesses need
more people to work for them. So, they will create more labor and unemployment
rate decreases.
-
The customers with the opportunity are going to
be the new workers that will be hired, ant the businesses who gets the chance
to have more production. This opportunity is definitely easy to exploit as it
is not hard to hire people that want to work, and the businesses have enough
money to create more labor during an expansionary period.
-
I saw this opportunity because I’ve always followed
these kinds of trends, and I’m very interested in labor market.
Regulatory changes: President Signs New Law Allowing
Telemedicine Prescribing of Controlled Substances: DEA Special Registration to
Go Live.
-
This regulatory change can have few opportunities
such as the creation of a new technology (device or an application) that will
make it easy for the physicians and patients to communicate. Of course, even
our computers can do that, but a special device or application just built for
that change will do it even better.
-
The customers are going to be the patients that are
not in the same city or state as their family doctors. So, they can just use
the new technology to get checked and get their prescription instead of driving
long distance to see a doctor because of a minor disease. This will be a
challenge as most people don’t play with their health and won’t do it all.
-
I saw this opportunity because me myself wish
that sometimes, a doctor can just prescribe me something without seeing him in
person.
Regulatory Changes: The Restroom Access Act.
-
This new regulation is a law passed in several
states that requires retail establishments that do not have public restrooms to
provide access to employee-only restrooms to their customers in need. It has an
opportunity because it will give people access to restrooms in every store, and
it will also push those retail stores to build restrooms for customers as well.
Thus, this will be an opportunity for plumbers or construction companies to
make money.
-
The customers with the opportunity will be the clients
that go for shopping, and the plumbers and construction companies which will
build the new restrooms for customers. I believe that it is not going to be
hard to exploit because of the need of the customers. Everybody needs a
restroom, and every restroom has to be built by plumbers and construction
companies.
-
I see this opportunity because I put myself in
the same situation. Thus, it was easy for me to find out who is going to be
benefited from it.