Identifying Opportunities in Economic & Regulatory Trends (ENT3003 Assignment 6A)

1. Millennials have an average of $28,000 in debt—and the biggest source isn’t student loans                  (Economic Trends)

• The source of this information was found on the CNBC Make It webpage, in the subsection titled "Become Debt-Free" under the "Money" section.
• I believe an opportunity exists because this information suggests that debt mostly doesn't come from student loans. Therefore, there can be even more services and resources allocated towards relieving personal loans rather than student loans, which is currently focused on more because it is widely believed that it is the main source of debt in millennials.
• Millennials with more personal loan debt than student loan debt are the prototypical customers in this situation.
• The opportunity should be relatively easy to exploit as there is already a model to go off of that helps in how there have been countless resources and services dedicated to eliminating the student debt of individuals.
• I saw this opportunity because I happen to have some debt in both personal and student loans and see how there is much more assistance provided for student loans. Therefore, I see the opportunity in putting more effort in eliminating personal loan debt over student loan debt.

2. American women hold two-thirds of all student debt—here’s why (Economic Trends)

• I found this opportunity in the subsection titled "Closing The Gap," under the "Work" section in the CNBC Make It webpage.
• This opportunity exists because the information suggests that there is an emphasis on student debt in women. In that case, women can be focused on more in dealing with this issue.
• The customers with the opportunity in this scenario are more than likely to be women who are in student debt.
• It will continue to be a challenge to exploit this opportunity as everyone has already been made aware of the disparity between male and female pay, and so it has proven to be a long process to correct.
• Since I have some female siblings and family members who are seemingly more successful and educated than most (if not all) of my male family members, yet are still stuck behind their student loan debt, I am able to see this opportunity.

3. Consumer-Directed Regulatory Changes Trigger Home Care Layoffs, Possible Closures                      (Regulatory Changes)

• This opportunity was found on the Home Health Care News website in the "Medicaid" subsection under the "Reimbursement" section.
• Information suggests that there is an existing opportunity as seniors and disabled people will need to seek out someone else to care for them since their own caregivers are being laid off and the agencies are looking to close down due to unfavorable regulatory changes.
• Seniors and disabled persons with a need for caregivers are the prototypical customers in this situation.
• There will be some difficulty in exploiting this opportunity under the new regulatory changes; and due to the fact that most of these customers will have likely preferred to stay with the caregiver that they previously chose who was laid off as a result of said changes.
• While I have senior and/or disabled relatives that have caregivers helping them out on a daily basis, I was able to realize this opportunity.

4. This NY State Senator’s Proposal to Pay College Athletes Could Drastically Change the Shoe              Endorsement Game (Regulatory Changes)

• I found this opportunity on the Footwear News website in the "Business" section under the "Legal News" subsection.
• There is an opportunity that exists as the information suggests student-athletes will be able to be paid for their likeness in the near future in states such as California and New York (with others sure to follow) if these bills get signed.
• Known and/or savvy student-athletes coming out of high school and attending an institution in these states are considered to be the customers with this opportunity.
• There will be no difficulty at all in exploiting this opportunity as the top-tier of these student-athletes are shown to boost the viewership and revenue of their respective institutions for the little time that they're there and then are able to sign major endorsement deals as soon as they become professionals. This reputation is largely built before the collegiate level, and is usually not changed much while there.
• I was able to see this opportunity as I am an avid sports enthusiast with a desire to pursue a career in the business side of sports.