6A – Identifying Opportunities in Economic & Regulatory Trends
Opportunities in economic trends 1. Home building in the United States has reached its highest levels since June 2007. I found this opportunity/economic trend in the Wall street Journal. I believe this information presents an opportunity as there somehow has to either be an increase in supply or building efficiency to meet this higher construction demand. The prototypical customer would be real estate developers. I think this opportunity might be difficult to exploit as the real estate development business has high barriers to entry. I saw this opportunity because I believe the housing market will continue to be successful going forward, whereas some people thing an economic recession is coming soon. 2. This past summer, job openings slowed as the labor market cooled down. I found this opportunity in the Wall Street Journal. An opportunity exists as a slowing labor market means theres a growing supply of labor. The customer is labor employers. The opportunity coul...
Hi Michael, I LOVED that you went into the actual place where you want to implement the opportunity. I have read some of your previous posts about the gym, and after watching this pitch it really connects the whole story and product. You spoke at a perfect speed (allowed good audience focus) and made it different. That was a very good pitch. Good job!
ReplyDeleteHey Michael, I think you created a great pitch! First of all, actually going to the area and showing the large amount of space convinced me that the idea is not only possible, but it is a great idea worth investing in. Additionally I think you showed that this is an opportunity that would truly benefit a lot of students who live in the area, which is important to convince people to pursuit the idea.
ReplyDeleteMichael,
ReplyDeleteI am really impressed that you went to the part of town you were talking about in your pitch. Your idea is both prevalent and possible. I attend the gym a lot and like you said, it is far away from my house and very busy all of the time. You spoke very clear and your ideas were organized. I appreciate you having props in your video as it made it more fun to watch. I love your idea of funding and believe you should look further into your idea.
Thanks for sharing Michael.
Rebekah