Economic & Regulatory Trend Opportunities

• Economic Trend: Income inequality gap is increasing
• Opportunity: Career Advancement courses for lower-income workers, teaching them how to advance in their current jobs & improving their resumes/interview skills in order to get new jobs
• Source: https://www.thebalance.com/income-inequality-in-america-3306190 (the rich are getting richer)
• Instead of taking money away from the wealthy, let's try to bring lower incomes up by increasing their skills and knowledge of the workforce.
• The prototypical customer is someone in a low paying job, with a relatively skilled background or a passion to move up in a specific role or organization
• This opportunity is relatively easy to exploit because there is a large market, but it will be difficult to make money since the target population is low-income earners.
• I have received these types of services as a university student, and it seems relevant to extend these services to others looking for career advancement.
• Economic Trend: US is the UK's largest single-country trading partner, and trade is expected to increase post-Brexit
• Opportunity: App for importers/exporters to communicate and trade on a shared platform between the US and the UK
• Source: https://www.nytimes.com/2020/02/03/world/europe/after-brexit.html New trade deals means more traders doing business between the two nations.
• Traders will look for an expedited process of doing business together on a larger scale.
• The prototypical customer is an importer or exporter in the US or UK.
• This opportunity will be relatively easy to exploit since there will be a drastic and sudden increase in demand, but it could be tricky to meet all legal regulations.
• My experience in London led me to believe people there are excited about the possibility of increasing trade with the US.
• Regulatory Change: Legalizing medical marijuana in Florida (and possible future legalization of recreational marijuana)
• Opportunity: Dispensary delivery service similar to Amazon but for marijuana
• Source: https://ballotpedia.org/Florida_Marijuana_Legalization_Initiative_(2020) Medical marijuana is legal in FL, and recreational legalization may follow soon
• Start now delivering medical marijuana, similar to a prescription drug delivery service, and you will already be ahead of competitors when recreational legalization occurs.
• Current prototypical customer is medical marijuana patient, but this will expand in the future.
• This opportunity will only be easy to exploit if taken advantage of before competitors enter the market.
• As a Florida voter, I keep up to date on the passage of different bills in the state, and since medical marijuana passed semi-recently I believe there is a market to be taken advantage of.
• Regulatory Change: All single-use packaging becoming fully recyclable (specific bill rejected but many states are trending towards eliminating single-use plastic to eliminate waste)
• Opportunity: Produce plant-based compostable packaging materials
• Source: https://therevelator.org/california-plastic-legislation/ Many states and cities are trying to pass regulations on single-use plastic.
• Plastic bans are becoming more common, and companies will soon need solutions.
• The prototypical customer is a packaging company that currently uses single-use plastic.
• This opportunity will be difficult to produce in a cost-efficient way, but should be easy to exploit if successfully manufactured because the demand will be high.
• The recent laws in Gainesville regarding plastic have made me think about the direction regulations have been progressing towards, and what companies will do to adjust.