Economic Trends
1. Unemployment Rate:
Create Job searching and résumé building.
http://useconomy.about.com/od/economicindicators/p/unemploy_rate.htm
· The unemployment rate has the potential to
decline in the near future. This means more people will be entering the
workforce and could use help to build résumés and find work.
· The target customer would be the individuals’ entering
the workforce.
· The opportunity presenting itself is easy. The ability
to help individuals into the workforce would included training on résumé
building and job searching.
· As a former sailor in the United States Navy I have
had a difficult time transitioning into the civilian world. However, I have
gained knowledge of how to write résumés and interesting job searching techniques.
2. U.S. Manufacturing.
http://useconomy.about.com/od/Sectors/p/US-Manufacturing.htm
· U.S. Manufacturing is important to the US
economy. Therefore, the trend is that more manufacturing jobs are coming to the
USA. Which creates an opportunity to train the workforce properly to be able to
work at these facilities.
· The target consumer is the individual looking
to work in the manufacturing realm.
· The opportunity is available, however
difficult. To create a efficient and effective training environment to will requires
the proper employees and facilities. In addition, the funds to create such an
organization.
· As a father and husband an income is an
important aspect in my life. Being provided the information and opportunity to
succeed in a career is essential.
Regulatory
1. Credit card fraud
protection.
http://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
· With the economy consistently moving towards
the technology realm the opportunity to enhance credit and identity protection
is at a all time high.
· The target customer for credit card protection
is anyone eligible for credit cards.
· The opportunity is rather difficult because
innovation process to stay ahead of criminal is a feat itself. However, with
the technology available now and the technology being engineered now I believe
that this is a valuable opportunity.
· As a consumer in the US I use credit card quite
regularly. Therefore, I believe protecting my credit line is a must.
2. Retirement plans
http://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
· The retirements that our grandparents have been
able to enjoy are no longer available to our generations. Therefore, creating
feasible retirement plans opportunities are a hot commodity.
· The target customer is your average working
individual.
· The opportunity to create retirement plans is a
difficult feat. Moreover, this challenge needs many resources and research to
become available
· As a father and husband my future has become
extremely important to my family. Therefore, securing my future not only
provides for myself but also my family.
Kyle,
ReplyDeleteIf you look at my blog you will see I have two similar posts in regards to credit cards and manufacturing. the new chip machines are going to help but it is not before long that a criminal will be able to bypass this and steal information. Staying a step ahead is important and coming up with whats next (after the chip reader) is how we should be thinking to get ahead. I tell people all the time part of my motivation comes from the lack of retirement for our generations. If there was a way to contribute or even make a plan to help people I think it would be a great opportunity.
This comment has been removed by the author.
ReplyDeleteHey Kyle,
ReplyDeleteFirst off I want to thank you for your service. We greatly appreciate all you and the other military branches have done.
In the article on unemployment rate and the trend that it seems to be decreasing I see the opportunity to help others too. Everyone may lack a resume or cover letter and needs assistance. There are workforce one buildings and if your in school a career center to help. Maybe they will have too many patients and lack the sufficient number of staff members.
On the second article about US Manufacturing I can see this being a factor as to why the unemployment rate would be going down. And I agree the workforce needs to be trained to work in a manufacturing plant. Maybe with more people working future generations can rely on social security to go along with a structured retirement plan.
Looking at your sources you did not have to travel too far to gather your articles. I went all over the place for my articles. Maybe I should have gone to your sources first. Believe it or not it took me a while to find my articles. More so with finding the regulation articles then the economic articles.
Hey Kyle,
ReplyDeleteI think that the opportunity you identified in Credit Card Fraud Protection is major. In South Florida, there's been an increase in the illicit use of skimmers at gas station pumps to steal credit card information, and it's already happened to my family a couple of times. You could even attack the opportunity from multiple angles--whether you attempt to innovate and build some sort of protection into the card itself or pioneer another form of external device, there are multiple possibilities for solving this problem and creating a service that consumers and companies would deem viable.