6A – Identifying Opportunities in Economic & Regulatory Trends

• Economic Trend:U.S. Hiring Accelerates
• Source: https://www.reuters.com/article/us-usa-economy/u-s-hiring-accelerates-annual-wage-growth-strongest-since-2009-idUSKBN1FM0EW
• This opportunity exists, because there are so many jobs being created and offered to citizens of the United States.  According to this article, the job rate has not been this high since 2009.
• The prototypical customer in my opinion would be anybody without a job currently or anyone who is unhappy with where they are in life as far as working goes.  This is giving them a chance to get a job that can make them happy or be able to get a job in general.
• I think this idea is easy to pursue because there are a lot of people who do not have jobs. In this case they are now able to go online or walk around given the opportunity to find one and pursue it.
• I believe this will be successful because with people continuing to get hired and business making more money, so will the economy.
• Economic Trend: Oil Boom Gives U.S. a New Edge in Energy and Diplomacy 
• Source: https://www.nytimes.com/2018/01/28/business/energy-environment/oil-boom.html?rref=collection%2Ftimestopic%2FEconomic%20Conditions%20and%20Trends&action=click&contentCollection=timestopics&region=stream&module=stream_unit&version=latest&contentPlacement=2&pgtype=collection
• I believe that the opportunity exists, because there are so many issues going around the world especially with the United States and Middle East which is where we get most of our oil from.  We will be able to save a lot more money if we are able to produce our own oil.
• The prototypical customer would be anyone who is driving a car or any kind of product that needs oil to run in the United States.  This is a big market of people which means a lot of people would be saving money.
• I think if we had the right ideas and strategy, it would be easy to pursue because oil has been around for a very long time so if the United States can figure out how to make it themselves, they will have more money to spend on other needs.
• I believe that this would be successful because the United States would not have to get the oil from the Middle East who they currently have issues going on with right now.
• Regulatory Trend: Legalize Sports Betting
• Source: http://www.foxbusiness.com/markets/2018/02/01/draftkings-sees-opening-with-legal-sports-betting-on-horizon.html
• I think the opportunity exists, because there are many people in the United States who are always looking to bet on sports.  It happens illegally all over the United States because there are only a few that have it legalized.
• The prototypical customer would be a sports fan that enjoys gambling and potentially bets on sports when in the states it is legalized in.  If the opportunity arises in more states, they will need to use it like expected for other states to realize to expand it.
• I think this is an idea that would be tough to pursue.  I think this because it is something that will need government approval but once approved I think it will bring in millions.
• I truly believe that this could be successful because of the sources around me.  I am always watching sports and this topic consistently is being brought up but not many people are doing anything about it.
• Regulatory Trend: BP to Install Charging Points for Electric Cars at UK Petrol Stations
• Source: https://www.theguardian.com/environment/2018/jan/30/bp-charging-points-electric-cars-uk-petrol-stations
• I think the opportunity exists, because as time goes on there are more and more cars coming out that are electrically charged.  One of the main car companies seen doing this is Tesla.
• The prototypical customer would be anyone interested in purchasing one of these cars or someone who already has one.  If they become more popular, I could also see more and more companies doing it until its more electric than gas cars.
• I think this is an idea that is tough to pursue because cars are a lot of money and not everyone just decides to buy one at any moment.  As time went on I could see more people turning over to this side of the car industry.
• I think this could be successful because it would be helping the economies tremendously and it can also save money over time along with saving the planet.