Assignment 6A- Identifying Opportunities in Economic and Regulatory Trends

Economic trend - Florida forecast to reach $1 trillion economy in 2018, but job growth to decline, state chamber says.

https://www.sun-sentinel.com/business/fl-bz-florida-chamber-jobs-20180109-story.html

  • I believe that this suggest an opportunity because it means that there will be more money flowing around, meaning that wealthy people can get more capital investment to create more infrastructure which will essentially create jobs. This opportunity is not an easy one to exploit, it will make it easier if you have bank credit, or capital investment, but for people with lower income I find it difficult.
  • I formed the belief that an opportunity exists in this scenario, even though some people may not agree, because when income flows into the State, that brings more Capital, which will lead to more construction and infrastructure, which means even more opportunity. Capitalism is the reason that I believe on this opportunity. 
Economic Trend - This is how insurance is changing for gig workers and freelancers

https://www.businessinsider.com/insurtech-and-the-gig-economy-2018-12

  • I believe this suggests an opportunity because Gig workers, which are workers that are not hold to a contract or work permanently on a job, don't have the benefits, such as insurance or bonuses that they provide on jobs, so it's a lucrative opportunity to provide some sort of tailored insurance for these workers. This opportunity it's easy to exploit if you are already in the insurance business and can come up with an idea to develop a tailored insurance.
  • I formed the belief that the customer that will be benefit is the driver, which is a worker and a customer too. I saw this opportunity because I ride in uber a lot and I had already thought through.
Regulation - Florida may raise tobacco-buying age to 21

https://www.orlandosentinel.com/news/politics/political-pulse/os-smoking-age-ban-bill-20171219-story.html

  • In my opinion, this regulation suggests an opportunity to people that use anti-tobacco products, such as vaping. It creates an opportunity belief for ad companies, which will be paid a lot of money to demote the usage of tobacco among teens, it's a very lucrative opportunity for them. 
  • I formed the belief that an opportunity exists, even when another person might not have the same belief, because even some people might think it's better to let kids smoke, I believe it is better that we have a tobacco free America, I smoke, and I would've wished that someone had told me not to do it. 
Regulation - Get Paid for Using Personal Devices for Work

https://news.wttw.com/2018/12/27/19-new-laws-know-2019
  • I believe there is an opportunity in this regulation for people to get some money out of their personal items, I think it was about time this happened because most people today are using their phones to work, and it's always at stake when you take your computer to the work. It creates an opportunity to generate Capital investment.
  • I formed the belief that an opportunity exists, even when another person might not have the same belief, because employees are assets of the company and so are their phones, they should get the opportunity to at least get some of what they're paying.


































Comments

  1. Hi Juan,
    I really liked your post and I thought your answers were extremely informative. I agree that people with good credit will have an opportunity to take advantage of the extra money moving around. I also agree that it won't matter much if you don't have good credit. I was impressed with your opinion on smoking. Even though you do smoke, you wish you wouldn't have and hope that others don't smoke. Great post!

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  2. Hi Juan,
    You did a great job on this assignment. I also used your example about raising the buying age of tobacco to 21, so I feel like we see eye to eye on that opportunity. I like how you pointed out that raising the age creates an opportunity for companies selling anti-tobacco products. I found it interesting that you smoke but wish that someone would've told you not to.

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