Friday, May 31, 2019

6A Identifying opportunities in economic and regulatory trends

I found my first economic opportunity in the New York Times economic section.
"Trade war starts changing manufactures in hard to reverse ways"
Since the tariffs are starting to affect a lot more manufactures in different ways an economic trend that just start is trying to design china out of the picture. Trumps goal of these tariffs is so that businesses come back home in stead they are just importing every they got out of china out of a bunch of other countries. This article was a very electronic based article so the example it gave was companies like ControlTek are now importing from Vietnam and Malaysia more now. The opportunity would to try and bulk buy a lot of the parts they need and slightly up charge since you can get it to them a lot faster.  This opportunity would be quite difficult as you would need a large set of warehouses, employees, and a lot of money. I'm sure a lot of people see the exact same opportunity as me and i'm sure someone is acting on it but the reason most can see it but will not execute is because you need a lot of stuff to get this ball rolling that most people probably won't have.

I found my second economic opportunity in the New York Times economic section.
"As California wildfire season looms, finding tree trimmers is a new problem"
California has already fallen behind their 2019 target of trimming and removing 375,000 trees ultimately because they don't have the man power. Companies have been growing fast, Arbor works has expanded to 550 workers from its 100 in late 2016. California alone spent billions on all the wild fires they have had so they are now willing to spend millions to prevent such a natural disaster again. If you're a handy man, a tree worker, or have landscaping experience then you can become part of the union in California making 28 dollars an hour trimming and removing trees. That's a pretty good opportunity for the people with experience. If you had the experience then this would be easy. They would just have to live out in California making good money at a guaranteed job. I'm sure many people have seen this same article but don't have the experience to do anything about it. Hopefully some experienced people have seen this across the country and have trekked over to California to help prevent another major disaster.

I found my first regulatory opportunity at Regulations.gov
Kentucky Regulatory Program
The Office of Surface Mining Reclamation and Enforcement (OSMRE) have proposed an amendment to the Kentucky Regulatory program. The OSMRE wants to change the fact that they are required to permit the area above their under ground mine and change the related public notification requirements. The customer would be the OSMRE and other mining companies. If this proposed amendment went through they would be able to mine a lot faster which in turn means that they are making more money. I'm sure other people have read this article and thought about it to but unless you are a miner or own a mining company we could not do it.

I found my second regulatory opportunity at Regulations.gov
Safety zone; Lake Washington, Seattle, Washington
The Coast Guard want to amend the safety zone for the Seattle Air Show Performance. This is a necessary action to protect participants and spectators from low flying high speed aircraft's. The only way into this new designated zone as a person or vessel is if authorized by the Captain of Port Puget Sound or a designated representative. It might be harder to get into this safety zone as a person or vessel since you now would have to be authorized by the Captain. The customers to talk to would be long time flyers and spectators to get their point of view on this change. This would be an easier opportunity since you can call the people who have made a name for themselves in this show to see how they have reacted to this news. I'm not sure a lot of people have come to the same conclusion as me from reading this article because I had to think a little differently here than I did on my previous three.

2 comments:

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  2. Hi Myles, you did a great job on your post! I found the first article you posted from the New York Times economic section to be the most interesting article you shared. I agree with your recognition of this trend in economic policies trying to push China out of the picture. However, in the United States’ defense, China has boomed becoming a knowledge/technology powerhouse. If we are not careful, China could and will easily take us over through some sort of computerized attack. Overall, very well done on your analyses of the opportunities presented in the articles you listed in your post!

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