Friday, July 19, 2019

Venture Concept 1-The Electric Avenue

The culmination an opportunity in our society can be quite hard to dissect, however, I believe that an opportunity exists in the automobile industry. These individuals I have witnessed and understood are more intrigued everyday by the growing fuel efficiency and capabilities of electric cars. These cars can be either both electric and gas powered or completely electric, regardless the demand and overall need for them is growing at a substantial rate.

The unmet need that seems be growing is the need and/or demand for electric cars. the individuals who need these vehicles is small at the moment but is growing due to the growing crisis of global ecosystem changes and the safety and affordability generated from electric cars. This need grew and has existed for quite a long time and has only become more popular as the cars become more powerful than existing gas powered vehicles. People are more than willing and are currently do exactly was was expected in terms of purchasing new electric vehicles. I am more than 90% sure an opportunity in this market exists. The opportunity that I have witness growing both in my community and around the world concerns itself with the growing and popular interest in the electric vehicle industry that aims to revitalize and reestablish a basis for reliable energy in vehicles. I find that this opportunity grants quite a bit of room concerning what I can focus on and what is needed to deliver a service or solution for the problem that exists. The problem that specifically exists is the misunderstanding of the opportunities and benefits behind electric cars for most Americans. They are quite unaware of the benefits and help to signify a less than robust industry for the vehicle. The solution to this problem is developed in two stages. The first acts as an informative agenda. It helps inform the public of the benefits of the type of vehicles but does so in a way that it is meaningful for them and not some general overstatement that they feel doesn't specifically address there needs. It will help recognize their overall vehicle usage, expenses and what they seek in a vehicle both realistically and imaginative. The second helps with the development of a project utilizing existing vehicles. Rather than develop an entirely new vehicle, which is both time consuming and costly, the redevelopment of existing ones will help show them the benefits the vehicles have other overs. What I am proposing is the use for instance of a specific model and then simple redesigning the car for their specific needs. They will then be able to use the vehicles for a short period of time and recognize that they are more than capable of performing similar to gas powered vehicles and even most efficient. The proposal does present some flaws but is capable of generating a large community of support. The product or service provided is quite concrete and helps provide insight into the overall benefit of the electric vehicle and how it can positively impact their lives. I hope to inform the public not only of the social and financial benefit but also regarding the environmental impact that will allow for future generations to maintain healthy lives. The business plan seeks to develop the current state of the electric car phenomenon and encourage the public to value their overall existence.

4 comments:

  1. Hey Arthur,
    I love the idea of using electric energy to help power a huge cost driving industry. The car industry is seen to be very dynamic and has been changing towards electric over the past 5 years. This opportunity gives you a huge advantage in pitching your idea as an independent resource or selling it to other car makers. This seems like an idea worth using in the future and I wish you best of luck!
    Best regards,
    Matthew Nguyen

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  2. Hello Arthur.

    Wow. I think you did an amazing job your discussion. I think you picked a great industry when choosing the car industry. It booms and I believe its an industry that will never go out of style. The only thing the car industry can do it accelerate. I think you've also manage to present an idea that can definitely be beneficial in the future. Best of luck!

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  3. Hello Arthur,
    Great work on your Venture Concept 1. It's increadible how you believe that the opportunity of the exits in the automobile industry, that the fuel effect and capabilities of electric cars. It impressive all the benefits that can come from it and the solution to many problems of the fuel.
    Great post.

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  4. Arthur,

    It is clear that there many advantages to electric powered vehicles as opposed their gas powered counterparts. While there is much excitement in the marketplace about technology advancements for electric vehicles it doesn't come without some potholes in the road. It seems you are still navigating through the design and development of your product or product mix. Overall, I think you are on the right road, there are just a few more unknowns about how you will capture market share in this growing industry. You are on track; just keep working through the entrepreneurial process and developing your product.

    Best Regards,

    Suzanna

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