Business Opportunities Abound

Yesterday, on my Fix It or Go! blog, I wrote this post about the controversial enforcement of an existing teenage curfew at a local mall. After lamenting some of the unfortunate reactions by teens, I offered suggestions for what they could have done differently, such as:

  • Work with the mall to create a Teen Zone, an area dedicated to them
  • Negotiate for a later time in the day for the curfew
  • Implement a fee-based special identification card that allows them in to the mall outside of the curfew and without a chaperone, as long as they follow the rules, with the fees going to support additional security
  • Put together a business plan for a venue that caters directly to them

A big reason why the problem existed in the first place is that there aren’t enough places around specifically for teens. There is an enormous opportunity here for entrepreneurs. The key, though, will be safety. As long as it is fun and safe, whatever new venture develops will succeed.

And this is but one instance. Take a look around you. What are the complaints? What is at the root of those complaints? What are the unmet needs?

Those are your opportunities. Now, find the right partners (preferably someone from the group you hope to serve) and get to work before someone else beats you to it.

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2 Responses

  1. I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.

    Peter Quinn

  2. Peter, thank you for the comment! If there are any particular topics you would like to see, please let me know.

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