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6A- Identifying Opportunities in Economic and Regulatory Trends

Four Opportunities Climate Change is Causing More Natural Disasters (Regulatory) TheBalance.com is a website with contributions from financial and economic authors on the world of personal finance. An opportunity exists in this area because, while this is about society, there is a profitable market. Rescue equipment, lobbying for regulatory change in conservation, sales of insurance to high or low-risk areas all make up the disaster industry. Customer with the opportunity : Uninformed, likely rural populations with varying amounts of assets and capital. They would be the easiest to target for all of the products and services listed above. This is an opportunity that would be relatively easy to exploit because of the state of the current world media. If a tornado happens in Kansas, everyone will be able to know about it within days and because of the way that the news can sometimes make natural disasters seem worse, it strike fear into the hearts of the population and makes ...
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4A- Forming an Opportunity Belief

Elevators go too slow. My beginning point is that elevators could not possibly be optimally programmed to pick up passengers. In my apartment I can see where the elevators are at any moment when I am in the lobby, and the extra time the elevator takes gives me time to think about how inefficient they are. Everyone who uses an elevator, people who live in apartments or work in office buildings face this challenge more than once a day. The realized inefficiency of current elevators has only recently become available to me through living in an apartment building but has existed since the invention. There is no current action being taken to rectify this issue, people accept the timing of the elevator or take the stairs. I am 80% sure that this problem is realistic and practically significant in people’s minds. A prototypical customer is someone who lives in an apartment building with limited elevator access or someone who works in an office building. An available customer to talk to abou...
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7A- Testing the Hypothesis, Part 1

Elevator programming is not optimized Most residential and commercial building elevators do not run on an a statistically optimal programming because of the lack of updates in the elevator industry, which affects patrons of the elevator multiple times, every day. Interview 1: Working man needs to get to work on time because he is bad with time. Must get out of his multi-story apartment fast and to his workplace quickly. Believes that the first person to hit the elevator button should be serviced first. Interview 2: College student who goes in and out of his apartment all day. Believes that a statistically optimized program would be the best solution. Interview 3 : College student who needs to get places quickly to be on time. Believes that the amenities floor should be prioritized over other floors. Interview 4 : Adult that spends most of his time in his apartment. Believes that the lobby should be prioritized over other floors. Interview 5 : Working adult that does no...
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