Opportunity #1, Economical
My cousin explained the recent blow up of investing in bitcoin and other cryptocurrencies and how it has changed the way people think about money. Now, these electronic currencies can help make purchases online while keeping them relatively anonymous. Because of this, I think there is an opportunity to educate the world about this fast-growing way of exchanging goods or services. I would start a youtube channel to teach others (especially young people) about this as it will be a significant part of everyday life in within the next 20 years. I think this opportunity may be quite difficult to exploit as our content would have to be different and better than the content already out there. I saw this opportunity because of my natural desire to search for ways to make more money.
Opportunity #2, Economical
Everyone is wondering about what's the next big stock to invest in or what money markets people should put their money in to watch it grow. According to the presenter at the last student investment club meeting, in the last 50 years, there has proven to be only one consistent money maker and that is the market itself. I believe that there is an opportunity to invest in the market itself (possibly the S&P 500, or the DOW) for long term growth. I think anyone can exploit this truth relatively easily. Also, I believe I saw this opportunity because of my ability to think outside the box and explore things that others may have not.
Opportunity #3, Regulatory
All over snapchat and the TV is the recent news of weed legalization spreading throughout the states. Along with the legalization of a widely used comes significant business opportunity. I believe people with enough capital can join and exploit this by setting the foundation for their businesses before the legalization becomes federal. I also believe that this will be a relatively easy regulatory change to exploit as the demand is as wide-spread as alcohol, and yet the legal supply is null. I saw this opportunity because of the word of my friends in desiring easier access to their respective choice of inebriation, whether it be alcohol or marijuana, they wish it was easier and cheaper to come by.
Opportunity #4, Regulatory
The news is currently talking about the government shutdown and why it's occurring. It is over the building of the wall between the United States and Mexico. I think an opportunity exists along this wall to capitalize on the movement of people towards the border as there will need to be people there to build it. The wall also opens the opportunity of placing restaurants or other places of business near the entry and exit points of the wall wherever they might need them. The wall will change the flow of traffic into and out of the US and therefore will change the locations in which businesses are required. If I were the owner of a chain operation or something of the sort, I would look for opportunities to expand my business to places that will see more activity because of the wall. However, I think this is a relatively difficult thing to exploit as a lot of capital and experience is required to make a move on this. I think I saw this opportunity because of my natural way of thinking about how changes change the things around them as opposed to the change itself.
Hi Griffin,
ReplyDeleteFirst of all, great things that you mention here! Actually, Fintech (cryptocurrencies etc.) is one thing I am most interested about. I am curious if we still think about banking and finance the way that we do today in like 10 years. In my opinion is will change radically and we will need less and less intermediaries. Moreover, just as you I named the stock example in my blog, however I have a completely different opinion. For me stocks are mostly a no-go investment, since they are just too risky. I prefer fixed income investments. Most surprisingly was the wall between US and Mexico example for me, since you saw an opportunity to make business here, where many people just see disapproval.