Sunday, January 24, 2016

Identifying Local Opportunities

In this post, I will attempt to identify 5 situational opportunities where an entrepreneurial mind can come up with an answer that will not only benefit the individual, organization or community but also possibly yield some profit for the entrepreneur as well.


My first article titled "Your next Uber driver might have a criminal record" talks about Uber and their recent change in policy in California. This new change would allow people who have been previously convicted of a non violent or non sexual crime to become Uber drivers. The problem in this story lies just beyond what is clearly visible at first. Clearly the general public is affected and their willingness to utilize Uber might be affected due to concerns over passenger safety. But what does this really mean to Uber? It means that in a market where they are reaching for extensive coverage, their popularity might be reduced and in turn revenue would be decreased. It is imperative that Uber's target market and revenue figures are not several affected by this change in policy, which will give it greater expansion power but it might come at a cost.

http://blog.sfgate.com/techchron/2016/01/21/your-next-uber-driver-might-have-a-criminal-record/



My second article speaks about the French government and how they have put out a need for a standardized French keyboard. In the article "Quoi? France wants keyboard adapted to proper grammar", the French government has been complaining of the inefficacy of the current AZERTY keyboard and instead is looking for options into a standardized version. With the current situation, it is very hard and nearly impossible to produce a French grammatical masterpiece, as there are words, letters and accents that are hard to recreate in a timely and simple manner. With the resource of the French Ministry of Culture, it should prove very opportunistic for any who manage to catch the attention of the government with any prototypes.

http://www.sfgate.com/business/technology/article/Quoi-France-wants-keyboard-adapted-to-proper-6776558.php



My next article is titled "Single family homes soar in Broward County" from the Miami Herald. This article talks about rising prices in single family homes in the Broward County area of South Florida. This was largely due to a good season for home selling combined with a dwindling in supply for the market. This will drive prices up and leave prospective home buyers with less options as prices keep climbing. With such high prices affecting first time home buyers, they may look to alternative options such as condos or even the renting market. This shows the opportunity that a lateral market with enough supply could obtain by providing an efficient and profitable outlet to home buyers who can't find affordable properties.

http://www.miamiherald.com/news/business/real-estate-news/article56091840.html

Next I will talk about another Herald article that talks about Miami and its slum-like areas. The problem here is had by the city of Miami since it is responsible for the security and maintenance of its neighborhoods. The problem with these low income areas is that buildings and other facilities are in less than acceptable condition but the revenue earned by landlords is not enough to finance a repair and thus it becomes difficult to improve the current situation. This problem is caused by years of neglect in part by the city and by the land owners, yet it offers an unparalleled opportunity in the real estate area, where value can be created and added to areas previously unthought of.

http://www.miamiherald.com/news/local/community/miami-dade/article56201600.html

My last article in which I wish to showcase an opportunity that could arise out of a current problem in the eastern United States. The current blizzard/snowstorm that is ravaging the east coast has brought to South Carolina 3 deaths. This problem pertains to every individual who is affected by this weather. If people are starting to leave their house a lot less due to safety concerns, then they are more likely to focus more on the domestic aspect of their lives. This gives a small temporary edge to any who seeks an opportunity in the domestic aspect of human lives.

http://counton2.com/2016/01/24/3-dead-during-snowstorm-in-south-carolina/







2 comments:

  1. Hi Andres
    Nice post you have here, it’s funny to think that local problems are just pieces of even bigger issues our country is facing right now. For example your Uber article, that’s just a small piece or all the issues regarding labor regulations. Over all great post, the only thing I would suggests is maybe numbering your list just so it’s easier to follow.
    Here’s the link to my blog!
    http://blogpostsbyalo.blogspot.com/2016/01/identifying-local-opportunities.html

    ReplyDelete
  2. Hey Andres!
    I loved your post! The French changing the keyboard is really intriguing... Even though it may be technically more "efficient", I feel like it would screw with everyone's mind. We have grown up our entire life using QWERTY, used it for hours upon hours, especially with our smartphones and laptop use for college. All of that muscle memory, suddenly turned upside down. Productivity would drastically decrease. Here's a link to my blog!
    http://adventuresofentrepreneurship.blogspot.com/2016/01/identifying-local-opportunities.html

    ReplyDelete