Wednesday, September 18, 2019

6A – Identifying Opportunities in Economic & Regulatory Trends


Economic Trend: Real Estate
A. I found this opportunity through personal experience as I work for a real estate company. Although real estate can be a risky operation, it can also be a great investment with time and the proper knowledge. Through working for a real estate company, I am always hearing about the opportunities that are opened through real estate and how the market is always growing.

B. What lead me to believe this information suggests an opportunity exist was the fact that there are many ways to investment in real estate. Rather its buying land, buy property, or even rental properties, there are many opportunities that exist within each market.

C. In my opinion, there are many different customers with this opportunity, just depends on the geography. However, the most likely are people between the ages of 21-40, and people who are retired and looking for ways to invest their retirement funds. There is a wide range of customers who can make useful needs of this opportunity.

D. Although this opportunity takes time and experience, it is fairly easy to exploit are the need for real estate would always be a necessity.

I formed this opportunity because of my experience, prior knowledge, and emotions. Understanding the importance of real estate and its demanding market, I understand how great of an investment owning property can be. Working for a real estate company who is always eager to possess more land and invest in properties because they understand the rewards, gives me the knowledge to know that real estate is a good investment.

Economic Trend: Baby Boomers Aren't Retiring

A: https://www.thebalance.com/top-usa-future-economic-trends-3305666

B. This information leads me to believe that an opportunity may exist because since the older generation are being force to retire at a later age, it forces the younger generation to think outside the box and find other ways to make ends meet. That could be mean individuals using business trends in a smarter way.

C. I believe the customers with the opportunity are the younger generation between the ages of 21-27 and freshly out of college. This opportunity exists for them because they are the ones who are striving to find a career that suits them. Also, with the advancement of technology, there are many ways to be innovative.

D. I believe this opportunity is not relatively easy to exploit as it takes a lot of time and effort. Also, sometimes it can be exhausting having multiple steams of income at first as it means you will have to work harder.

I feel like this opportunity exists from my emotions, from understanding how the economy works and the means that it has driven today, I know that there are always opportunities that exist. In todays generation, there are always business trends and opportunities that we can take advantage of, its just a matter of being ready and educated when the opportunity flows by.

Regulatory Changes: The Affordable Care Act

A:https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html

B: This information suggests an opportunity because health reform has been something that has been on and off in the past years, there are many arguments in regards to what is going to be done about health care.

C: Employees and people of low income are more likely to be the customers of this because they need it the most.

D: The opportunity is likely to be exploited as it is an issue that is currently being discussed by Congress.

I found this opportunity out of experience as having family that relies on health cares makes you understand how important it is. Health care is something that has impacted our lives and the economy.

Regulatory Changes: Federal Tax Overhaul
A: https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html

B: What leads me to believe this opportunity exist is that it is going to open up many opportunities for entrepreneurs as the tax code is being implemented to better conform with federal policies.

C: I believe the customers of this opportunity is going to be business owners and entrepreneurs.

D: The opportunity is relatively easy to exploit as it is an opportunity in favor the people.

I found this opportunity out of emotions because the article thoroughly explains the opportunities that this can bring for entrepreneurs.

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