Question: Question 3 9 Evaluate the following data and determine which opportunity ( s ) has the best chance of becoming a successful entrepreneurial venture. You
Question
Evaluate the following data and determine which opportunitys has the best chance of becoming a successful entrepreneurial venture.
You recently read a study by several leading researchers about people who live in areas where sunlight can be limited at certain times of the year. Researchers found that Vitamin D and B were so low in these individuals that the population sort of went into what researchers described as hibernation. You wonder if you set up a juice bar with vitamin shots in these locations whether people would buy your product.
Census data shows that there will be an upward trend in the year old population in five years in several different developing countries. These individuals grew up in an age of digitalization and percent of them already have smartphones.
You live in an area where the neighborhood is growing with new housing and younger couples and individuals are moving in The neighborhood doesn't have many outdoor areas to dine or hang out and you notice that people are going to the one open area at the end of town to hang out. You think there might be an opportunity to open a new bistro or sandwich shop with space to be outside.
You've been looking at some research data on population growth and the best cities around the world for older individuals. You had an idea to put together a service that would help relocate older people to other countries for retirement. You see in the data that over percent of older individuals around the world want to retire to another country, especially one that they have frequently visited. Currently, there are no other services like this. You could easily set up a website and build some relationships with realtors in these countries to get started.
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