1) Survey suggests baby boomers aren't retiring
- https://www.washingtonpost.com/us-policy/2019/03/01/baby-boomers-parting-gift-workforce-one-last-mess/?noredirect=on
- I believe there is an opportunity that could benefit new workers and baby boomers searching for part-time jobs. Baby boomers who are at the age of retirement are looking to transfer over to part-time jobs instead of retiring. Whether its retiring or switching over to a part-time job, as baby boomers exit the workforce they leave a gap of knowledge/experience.
- Any company that employs a high number of baby boomers who are expected to retire soon.
- This could be moderately easy to exploit. As the article suggests, many companies are already offering these baby boomers part-time jobs. Perhaps the part-time jobs offered could have some sort of structure that allows baby boomers to pass on knowledge and insights to new workers. Essentially acting as mentors.
- https://www.thebalance.com/top-usa-future-economic-trends-3305666
- An opportunity exists here which would require everyones efforts. The issue of climate change worsens and there are still many people who would rather avoid it than to do their part.
- The prototypical customer would be non-profit organizations, relief groups, and everyone else.
- This opportunity could be difficult to exploit because it would take the efforts of much of the worlds population.
- Having spent a majority of my life in a place that sees plenty of tropical storms, I was able to quickly see the opportunity.
3) Smoking regulations
- https://www.boston25news.com/news/boston-cracks-down-on-vaping-with-changes-to-tobacco-nicotine-regulations/987771870
- There is an opportunity present as officials discuss how they plan to tackle this ongoing issue as it turns into a national crisis.
- The prototypical customer would be verified adult-only vendors.
- This opportunity would be very easy to exploit as there is research that shows the negative effects of vaping and regulating where you can purchase the cartridges and restricting the sale of fruit flavors, there will be a decrease in teen usage.
- I saw the opportunity because I know and have met many people who indulge themselves with vaping products and rather ignore the consequences that come with using harmful products.
- https://www.cnbc.com/2019/09/19/heres-why-regulators-are-so-worried-about-facebooks-digital-currency.html
- Lawmakers are worried about Facebook's recent announcement that they are looking to introduce a cryptocurrency of their own, the Libra Coin. Assuming Facebook succeeds, it is possible that it could compete with currencies like the dollar. I believe the opportunity that exists is investing in the cryptocurrency if Facebook were to introduce it.
- The prototypical customer would be any Facebook user and anyone interested in the cryptocurrency.
- It would be difficult to exploit because Facebook is currently still working on the currency and has yet to implement the change.
I found that your post was very informative. In my own research for economic trends and regulatory changes, I also saw several articles entailing the topics: smoking regulations and environmental changes. This being so, I really liked your economic trend about how the workforce will change when the BabyBoomers retire. I found it really interesting, and I think that living in Florida, where the older population is much more dominate, you can really see the prevalence of this trend.
ReplyDeleteHey Daniel, Great post. You gave some great information about these topics. As I did my research, I also came across some of these same topics, specifically the smoking regulations. You gave great information and found some very interesting opportunities through this assignment. Through identifying the current issues in our society, we can really find some great entrepreneurship opportunities to look into.
ReplyDeleteHey Daniel, these are some interesting opportunities that caught your eye. I agree that the younger generation is definitely had difficulty in finding secure employment in a career sense, in the relatively new sensation of vaping will definitely bring new laws into the discussion. I'm curious as to how the younger generation can exploit the opportunity of Boomer is refusing to retire. Thanks for bringing some attention to these issues!
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