Forming An Opportunity Belief

My belief is a rather simple one in which I saw discussed in prior exercises both by myself and my classmates and is that is the issue of traffic. Although a very simple topic on the surface, there are many facets that can be discussed within the problem of traffic. This is an age-old issue that can be applicable to really anybody who drives a car or even rides public transportation. Traffic and congestion is something that seemingly is always a topic of discussion amongst local politicians and leaders as one of the top problems they commit to solving. In terms of my certainty that this opportunity exists, I would put it very high at 95% due to my personal experiences and interactions.

When talking to prototypical "customers" I find my initial analysis is fairly accurate in that this is in fact an opportunity and thus a need. The majority of people notice this problem on a regular basis but it also varies with certain times of the year as well as specific times of day such as rush hour. This is a need that dates back many years from the information I have gathered and only appears to be getting worse. Depending on who you talk to, some individuals will make their problem heard by expressing their issue to those who could potentially address it, while others simply acknowledge the need. Nevertheless, it appears the vast majority are indeed unsatisfied with the current traffic condition.

I have noticed throughout this that my opinions regarding this opportunity are shared by a good portion of those around me and that is that traffic is an ever-growing problem. The one thing that stood out to me from my discussions is that this is not only a local problem but having talked to people from other places, it is as much an issue elsewhere if not more so in larger cities than here.

I believe my original opportunity is still very much present and if anything I have been reassured in completing this exercise. Moreover, I have garnered more information now than I previously had through hearing multiple perspectives on how this is a need for various individuals. In conclusion, I feel entrepreneurs should unquestionably adapt their opportunities to customer feedback as the entrepreneurship world is always fluid and their success is primarily dependent on satisfaction.