- Because people want minimum wage to be $15, I think that there is an opportunity for a business that makes self-serve machines for fast food restaurants.
a. I had this idea a few months ago when the minimum wage issue was a major topic.
b. I think that there is an opportunity because doing this will save fast food franchises more money than if they were to pay employees $15 per hour.
c. I think that the prototypical customer would be fast food restaurants and other businesses that can’t afford to pay employees $15 an hour.
d. I think that this is an opportunity that would be relatively difficult to exploit because you would need not only the technology, but the connections to get into big fast food chains.
I do not think that I am the only one that saw this as an opportunity. In fact, some McDonald’s locations are already using self-serve machines to take orders. I only see that there is an opportunity to do this on a larger scale. I think that I see this because I believe that the minimum wage should not be $15 dollars per hour. I think that if minimum wage is raised there should be a way for businesses to operate without having that much employee salary to pay.
2. Too much food is grown in America every year, therefore the government buys and destroys millions of pounds of food every year. I think that there is an opportunity to do something better with this food.
a. We learned about this problem in one of my classes and I thought that there had to be something better to do with all of this food.
b. Being that it is just thrown away, it would be easy to repurpose the food for something else.
c. I think the customer would be people that don’t have enough money for food all around the world.
d. I think that this would be difficult because you would need quite a bit of money to purchase all of this food and you would get very little money in return because you would be selling it for very cheap to people that need the food.
I think that if more people knew about this problem then I wouldn’t be the only one thinking that there needs to be a solution. I know that it would be hard, but I think that some real good could come from using this food to feed the hungry.
3. A new regulation for the summer at UF is that parking lots requiring green decals now accept any decal. This is a good change because it gives people with park-n-ride permits more places to park, like the garage by the stadium. I think there is an opportunity to make parking permits on campus work in more parking lots.
a. I thought of this idea because I imagine that it is annoying only being able to park in one spot, but this new change makes it much better.
b. I think that an opportunity exists because there are plenty of lots on campus that could be converted into garages.
c. The ideal customer is a college student that lives off campus that wants to drive to school.
d. I think that the opportunity would be hard because you would have to build more parking garages and you would have to reconfigure all of the parking lot colors.
I think that a lot of people would want this change to happen, and I think that everyone that has ever wanted to park on campus would agree that there could be more parking garages built to create more parking spaces on campus.
4. Publix has excellent subs, but I believe that there is an opportunity for them to sell more by creating a business of stand alone sub shops.
a. I actually heard this idea from my father. He thought that they could sell many more subs if they made a sub shop rather than having to go into the store to buy them.
b. I thought about this and it really seems true. I have asked a few people and they too think that they would go more often if they didn’t have to go into the grocery store.
c. I think the ideal customer is anyone that enjoys a delicious sub sandwich.
d. I think that the idea would be relatively easy. They already have the subs figured out. All they would have to do is get the locations and set up shop.
I think that I saw this as an opportunity because I eat a lot of Publix subs and I would love to be able to go sit down and eat one. It would be much better than having to go in the store to get one and take it home to eat.
Hey A.J. The minimum wage here has been a big debate recently. I have mixed feelings about it but I completely agree with the opportunity for self service machines. Some companies have already began using the system, solely because the amount of customers. But now with the debate going on, we may just see complete replacement of employees.
ReplyDeleteHi A.J. I believe your technology of new minimum wages is a great topic because if the country decides to raise the minimum wage then ideas like yours are gong to spring up causing a increase in unemployment very quickly. I also agree with publix sub shop that would be absolutely amazing! Everyone loves publix subs why not a sub shop with the same menu and food!
ReplyDeleteA.J.,
ReplyDeleteThe sub shop extension of Publix is definitely an opportunity I think has merit. Going inside the store to the deli section and waiting in line, especially during lunch hours can be tedious and time consuming and may prohibit some busy individuals from stopping in during their lunch break. I agree with you that this seems like a reasonably easily exploitable opportunity, although finding locations for these stores and transitioning out of their primary locations may be more difficult.
Hey A.J., I also wrote about the minimum wage topic just a different article. It does sound like a great idea to have those self-serve machine to keep from having to pay the higher wages to employees. The idea of having this type of machine will change the fast food industry but it will also hurt others with unemployment issues.
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