Friday, July 19, 2019

24. Venture Concept No. 1

My venture will focus on is the availability of clean water for drinking or other use as many locations around the world have begun or have announced that they may experience restrictions in the availability of water. One way that the solution to this problem could go is through the production of cheaper and more efficient desalination processes in order to utilize seawater or other sources of saltwater for public use. The product would gather water from various different sources such as seawater, lake water, and process the water to be prepared for daily use. The product will primarily be used as a secondary measure in the event that water availability becomes scarce. Another route that water cleansing could follow is by focusing on the recyclability of wastewater. By focusing on this route many countries would be able to become self-sustaining rather than depend on imports which could fluctuate and result in a dependent country on one of, if not the most, important resource in modern society.

Essentially, as stated before, as the population increases demand for water increases as well. Therefore, improvements in the water industry must be made, which is where our opportunity arises. The market would be all over the world, I would focus primarily on modern countries to begin with such as North American countries. The industry would primarily focus on targeting governments of cities and countries so that they can fulfill the needs of their citizens. As people all over the world need water this is a worldwide opportunity and as populations increase and the availability of water remains the same demand for my service will increase. I envision allowing countries the option to be completely sustainable off of their own sources of water rather than depending on importing the majority of their water from outside sources.

2 comments:

  1. Hey Jon! I really like your venture concept. Clean water is something that will certainly be in demand for as long as people are alive. Your emphasis on self-sustainability is great as it is accurate to the needs of many developing countries. By focusing on contracting to the governments of countries who need clean water, you are guaranteed clients. Keep up the great work!

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  2. Hey Jon, I think you did a very good job with your venture concept, but I think your post would benefit from you diving into a little greater detail. Otherwise, I agree with a lot of your proposed goals and visions for your business. I also like how you discussed targeting both highly developed countries as a backup plan for water, as well as developing countries who could use this device as a primary for of purifying water.

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