Economic Trends
Why I believe
the information suggests that an opportunity exists: Sending money is
expensive as a percentage of the transaction across borders
Who would be
the prototypical customer: A person that wanted to move money out of the
country, to Mexico, Europe or Asia
Is the
opportunity relatively difficult or easy to exploit and why: The
opportunity is not easy to exploit. Regulatory hurdles, IT expertise, and expensive
computer equipment are just some of the tools necessary to take advantage of
the opportunity.
How did I see
the opportunity: I listen to a lot of podcasts and my friend who wanted to
buy some crypto treated me to a couple of trips where we could meet people who
were investors and enthusiasts in the space. I had a lot of fun.
The growth of healthcare and improving access to
services
Where I found it: I work in the field
Why I believe the information suggests that an
opportunity exists: Everyone needs healthcare
Who would be the prototypical customer: Literally
every human
Is the opportunity relatively difficult or easy to
exploit and why: It is relatively easy to exploit from a sales perspective.
From a provider perspective it would be difficult and very expensive because a
doctor needs 8 years of education, a 4-year residency, and continuous training
and certification.
How did I see the opportunity: I have been a
licensed insurance agent for 20 years. I currently work with seniors with
Medicare and those who are eligible to receive subsidies to purchase health
coverage.
Regulatory Trends
Advertising
Where I found it: Online
Why I believe the information suggests that an
opportunity exists: Advertising is essential to run a successful business.
Helping businesses comply with government regulations regarding the industry
would seem to be potentially very lucrative.
Who would be the prototypical customer: Small
businesses that do not have compliance departments
Is the opportunity relatively difficult or easy to
exploit and why: It is relatively easy to exploit because it is not
necessarily capital intensive
How did I see the opportunity: I was interested in
doing some marketing to my current insurance clients and I wanted to make sure
that I did things compliantly
Legalization of Medical and Non-Medical Marijuana
Where I found it: The local news, internet and
podcasts
Why I believe the information suggests that an
opportunity exists: The demand for marijuana is extremely high
Who would be the prototypical customer: A person
on chemotherapy, recreational user, anyone ages 18-80
Is the opportunity relatively difficult or easy to
exploit and why: It is very difficult to exploit, you need capital for
space and product, licensing costs millions
How did I see the opportunity: It’s kind of hard
to miss this opportunity. So many newspaper articles, TV news reports and internet
articles about medical marijuana are around. And legalize of the medical leads
to legalization of non-medical.
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