Tuesday, March 17, 2020

6A – Identifying Opportunities in Economic & Regulatory Trends

Opportunity 1: "In Italy, hospitals overflow with the dead"
Hospitals are overflowing with patients with the corona virus, an outcome that is likely to happen in the US if measures are not taken. With hospitals being packed with patients, people will need direction on where to be treated. In preparation for the situation to get worse in the states, I believe there is an opportunity to turn companies that are in shutdown period into quarantine centers. The virus may shift the nation’s economy into a state of shutdown, where buildings will become vacant. Those buildings may become an opportunity to treat patients. This opportunity is relatively difficult to exploit, considering companies would not like the chance of lingering germs (the virus) to spread in the company.

Opportunity 2: "How the coronavirus has affected airlines, hotels, and cruises in one chart"

Cruise ships are losing more and more passengers as the corona virus spreads. We already see the economy (the market) spiraling downward in the main sectors of transportation. This economic trend will slow down, as so will cruise lines. However, I see an opportunity for cruise lines to exploit their resources. While there are more cases of the virus spreading throughout the states, more and more people with be in hospitals. Hospitals will become overpacked, and thus leaving many patients without a place to be quartered and treated. Cruise lines can offer rooming and facilities, not only to US patients, but to neighboring countries who are dealing with this outbreak. This opportunity is relatively easy to exploit considering cruise lines are desperate for some time of way to produce sales. I believe my interpretation of negative situations happening in my life and finding solutions to them has led me to see cruise lines suffering, people with the virus suffering, and both are able to accommodate one another (this goes for opportunity 1 as well).

Opportunity 3: "
No gatherings over 50 people, the CDC says. Here’s what couples are doing with their wedding plans."

The Centers for Disease Control and Prevention gave guidelines to American to not have any social event where it would be gatherings of more than 50 people. Soon we can see laws of not having any social gatherings during outbreaks of diseases. In this devasting situation, I see an opportunity to connect people in specific situations: birthday parties, weddings, funerals, etc. online. Some type of product, unlike factime, or Skype, which enables many users to view an event and be able to chat and interact. I remember when I was little, and I would be sick all the time so I would always call and say hello without going to the even. I always wished their was a way I could interreact with them.  

Opportunity 4: " Volusia County beaches to remain open, enforce new regulations amid coronavirus concerns"


Some beaches in the US are opened, while some are closed. In Miami, many teens gather in a sense of humor to the outbreak. Regulations will take place in order to keep social interaction distant. Beaches are closed because of worry of close interaction. If lots were placed in order to keep individuals separated, then families, or individuals can enjoy the beach by themselves. These lots can be constructed in a way which enables people to relax at the beach with ease. In the near future, regulator changes could be made to restrict people going to the beach, however, I see an opportunity before this outcome occurs.

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