Practicing Opportunity Identification: Assignment 6

1. Climate Change Is Causing More Natural Disaster


• Source: https://www.thebalance.com/top-usa-future-economic-trends-3305666
• I conclude that there is an opportunity here because there is statistical evidence of the increase in temperature, wildfire, and rising sea levels. 
• A prototypical customer for this opportunity could be an environmental lawyer, they can find more evidence for showing that climate change is affected our economy by not letting food grow due to the extreme heats and/or floods. 
• This opportunity will be relatively difficult to exploit because the government right now is not putting in a lot of money towards the environment  
• I saw an opportunity here because I recently had a conversion with a student who wants to become an environmental lawyer and wants to make a change in the world 


2. Baby Boomers Aren't Retiring 
• Source: https://www.thebalance.com/top-usa-future-economic-trends-3305666
• I conclude that there is an opportunity here because there is data showing that 45-75 year old are delaying their retirement because they are still trying to recover from the great recession. 
• A prototypical customer for this opportunity could be baby boomers who are looking for ways to earn more money quickly 
• This opportunity will be relatively difficult to exploit because most baby boomers don't know how to use social media as a means of communication, so it will be hard to reach them 
• I saw an opportunity here because I recently had a conversion with my parents about starting to save for my retirement now so that in 30-40 years I can have enough money to retire with no worry.
3. Cybersecurity 
• Source: https://www.csiweb.com/resources/blog/post/2019/01/08/identifying-the-top-regulatory-priorities-of-2019
• I conclude that there is an opportunity here because there is evidence showing that there was an increase in breaches from 2013 to now. 
• A prototypical customer for this opportunity could be business owners who want to make sure all the information they have from their customers is kept safe and away from the public. 
• This opportunity will be relatively easy to exploit because customer security is very important for business owners so that they don't get into any lawsuits. 
• I saw an opportunity here because I am currently applying to volunteer at UF Health Shands Hospital and I had to get a certification of HIPPA. 
4. Bank Secrecy Act
• Source: https://www.csiweb.com/resources/blog/post/2019/01/08/identifying-the-top-regulatory-priorities-of-2019
• I conclude that there is an opportunity here because bank security is extremely important for many obvious reasons.
• A prototypical customer for this opportunity is anyone that owns a bank account
• This opportunity will be relatively easy to exploit because no one wants to lose the money they worked hard to earn. 
• I saw an opportunity here because I know I would extremely upset if I saw suspicious activity in my bank account.