Opportunity 1: Tesla Co. (economic)
(a) The
source of the information that led me to believe that an opportunity existed
was the fact that GM and Ford both reported grim Q4 results and decrease in
demand in North America for 2020.
(b) This
information leads me to believe an opportunity exists because it is evidence
that Tesla is on the rise as a common automobile and they currently control the
majority of the EV market.
(c) I
believe the prototypical customer is an individual who wants to be eco friendly
and believes in the future of AI technological cars.
(d) There
are multiple opportunities that exist within Tesla including buying their
surging stock, investing in one of their cars, or buying one of their home
solar battery systems that harvest solar energy. However, these opportunities are
difficult to exploit because it is expensive to get involved with Tesla.
(e) I
believed there was an opportunity when another individual did not because I
have always believed in solutions that are beneficial to the planet as well as
the consumer. Tesla has been able to prove over and over again that EV’s are
the future of the automobile industry.
Opportunity 2: Drones (economic)
(a) The
source of the information that led me to believe that an opportunity existed is
the increased need for drones. Drones are now used for marketing, photography, alternate
to fireworks, and recreational racing.
(b) This
information leads me to believe an opportunity exists because drones are
becoming popular as a tool for science and recreation. China now creates drone
light shows on NYE as an alternative to fireworks.
(c) I
believe the prototypical customer is an individual who is into photography or
likes new technology.
(d) Becoming
apart of a drone company is hard to exploit but there are definitely other
smaller opportunities within. Amazon also plans to use drones for same day
delivery.
(e) I
believed there was an opportunity when another individual did not because
drones have so many applications other than just videos and light shows. Soon drones
will deliver food or mail.
Opportunity 3: NJ to Reform Environmental
Regulations
(a) The
source of the information that led me to believe that an opportunity existed is
the looming threat of global warming.
(b) This
information leads me to believe an opportunity exists because states are reforming
their laws to advocate for global warming.
(c) I
believe the prototypical customer is someone who wants to make a positive effect
on the environment.
(d) This
is not hard to exploit. Making eco friendly consumer decisions is easy to implement
in daily life.
(e) I
believed there was an opportunity when another individual did not because I
think in terms of longevity which climate change isn’t.
Opportunity 4: Increase on foreign tariffs,
drives jobs in US
(a) The
source of the information that led me to believe that an opportunity existed is
that rising tariffs in China will cause in increase in American job creation.
(b) This
information leads me to believe an opportunity exists because companies don’t want
to high tariffs on their goods.
(c) I
believe the prototypical customer is someone who is impacted by American job
creation.
(d) This
opportunity is hard to exploit because it takes a lot of capital to start a
business and create jobs.
(e) I
believed there was an opportunity when another individual did not because I pay
close attention to political and economic trends.
Hi Miguel, I may have missed them, but I do not see the links to your articles in this post. With that said, you did a solid job of detailing your thoughts on whatever articles you read. It will be interesting to see how Tesla continues to perform, especially with how the established automotive manufactures are investing in developing EV and autonomous driving technology - specifically with Toyota building a 'smart' city to test AI, robots and self-driving cars.
ReplyDeleteHey Miguel, I like how some of your trends showed how technology is changing our economy whether it be through cars, cameras, and renewable energy. These things will definitely start being more prominent in our society so it is good to stay informed with these trends. Tesla had a really crazy week last week in the stock market as we saw it spike up to $960 but has since dropped back to $760. Goes to show Elon and co are making waves in our markets.
ReplyDeleteHey Miguel, I like how your economic trends show the effect that technology and innovation are having in our world. Also, the more regulatory trends look forward and address some of the biggest questions about jobs and work going forward through this century.
ReplyDeleteHi Miguel, the economic and regulatory trends that you chose were very interesting. I especially like the economic trend about drones that you talked about. Drones are being used more and more. I've even heard of Amazon beginning to use them to deliver packages to your doorstep in the future which would be really cool. There will likely be a huge market in this field.
ReplyDelete