1. Adult Diapers in the Baby Boomer Retirement Crisis
a. Article/Source that led to my opportunity.
b. The elderly population is growing and living longer, so I think there is an opportunity here regarding adult diapers. Once old people cannot use the bathroom they switch to adult diapers. With the increase in elderly population I believe adult diapers is an opportunity worth exploring.
c. Elderly adults, nursing homes, assisted living,
d. I think this opportunity is relatively easy to exploit because aging is something that every human experiences, and improved medical technology is keeping people alive longer, leading to a growing elderly population. A growing elderly population is going to need more diapers.
2. The San Francisco Planning Commission has approved tightened regulations on the rental of furnished apartments on short term leases ranging from 30 days to a few months.
a. Article/Source
b. Housing in San Francisco is being overcrowded with Corporate rentals. This is when companies rent out many units, or whole complexes to house employees for short term use leaving no units available for locals. With new regulations, these companies won't be able house employees as easily. I think there is an opportunity for short term housing for business men in San Francisco.
c. Start Up companies, business men, big corporate companies, San Francisco residents.
d. I think this opportunity is a little difficult to explore. An alternative to short term rentals are hotels, and condos which corporations can still afford to rent out.
3. Regulations Affect California Farmers in a Big Way.
a. Article/Source
b. With stricter regulations on health and environmental standards driving up cost, as well as the increasing minimum wage, California farmers are having trouble affording the increasing cost. I believe there is an opportunity to either use less labor intensive crops, or more efficient ways to farm.
c. Farmers
d. I think this opportunity is also difficult to explore. Farming has been practiced since the beginning of society, and it is almost already perfected. It is going to be hard to innovate in the agriculture field.
4. 2020 Valentine Economics For Jewelers – Looks Like A Diamond In The Sky
a. Link/Article
b. Business continues to grow yearly for stores during valentines day. This year business is up 32% from last years record year. I think there is an opportunity here because Valentines day is a yearly event and sales continue to grow yearly with consumers spending billions of dollars each year.
c. Men and Women in relationships
d. I think this opportunity is easy to explore. Valentine's day has a variety of routes to explore (Jewelry, Dining, Small Gift, Cards) which have potential to make profit.
Hey Ashton, nice job with finding the opportunities that you did. It is very interesting what is happening in San Francisco with the new regulations for the rental of apartments. There might be a nice opportunity there! Likewise, regulations in a very prosperous state like California are always something to keep an eye on. Good job!
ReplyDeleteHey Ashton, the Valentine's opportunity was a nice find with Valentine's Day being this week. It's crazy how much business went up for jewelers, that's a significant percentage! I think social media has made the demand for more extravagant and expensive gifts like jewelry to rise, since people feel like they need to one up one another when gift giving.
ReplyDeleteHello Ashton,
ReplyDeleteI like how you included something on Valentine’s Day, the time sensitive nature of that particular opportunity does a great job of illustrating how time can be a factor when it comes to opportunities like this. Furthermore, I also enjoyed reading about the housing situation in San Francisco, I think that the opportunity there that you identified most certainly exists.
Great work,
Nolan