Thursday, April 4, 2019

Assignment 24A- Venture Concept No.1


Psychological Test (before purchasing firearm)
Opportunity:
o   We are currently living in a society where people we love are dying because those who should not have a firearm are purchasing them and creating mass shootings.
o   Right now we currently only have background checks, which is clearly not enough. People who have demonstrated signs of mental illness are the ones committing these tragic crimes.
o   That is why there is a need for a psychological test that will prevent mentally unstable citizens from purchasing a firearm.
o   Right now everyone in society has this need no matter if you own a firearm or not. Everyone is fed up with seeing loved ones being killed in mass shootings.
o   Geographically, I would start the market in Florida and hope that it could eventually reach other states. Demographically, the main customers will be those twenty-one and older who want to purchase a firearm. However, this service will indirectly affect those who do not use this service. This is because who obtains a firearm legally has an affect on every single persons life who is around that person
o   This is a very large opportunity considering it deals with the safety of people’s lives. And because this is so large having society in favor of my service will be vital in this service actually being implemented
o   This window of opportunity will be open until a solution that meets these peoples needs and works in an effort to decrease the amount of mass shootings from occurring
Innovation:
o   The service that I’m offering is a psychological test. Within this test customers will be asked questions based on their past, current life, and future goals.
o   Based on their responses, each response will be given a number. At the end that number will correlate to a psychological reasoning explaining that persons mental capacity
o   This of course will take much research and expert help to create this test. However once it is created there are a few steps these customers will take:
o   They will first go to a psychiatrist who will administer this test
o   Then when they return to the place where they are purchasing a firearm the owner will request a background check along with the request to process the results of this test.
o   There is a fee to process the background check so there will just be a small additional fee to process the psychological test as well. This may range at about $25.
o   Not only will test allow for us to look more into each individual and make it harder to purchase a firearm but also psychiatrists will receive a profit from each individual who must take the test and firearm businesses will receive a profit from each test that is processed.
o   This small additional fee should not be a large burden, since this will just mean each individual will be looked at more in depth, and most importantly in the long run, more lives will be safer.   
Venture Concept:
o   My innovation will solve this opportunity by making it harder for a single person to purchase a firearm by looking at each individual more in depth
o   This is something all people want, not just limited to people looking to purchase a firearm. Citizens are looking for hope and something that would be in the right step forward in trying to stop these mass shootings that are occurring due to mentally unstable people with firearms.
o   There currently aren’t any competitors since there has been no solution to this opportunity, however there can be some weakness within my innovation that I will have to work hard to overcome.
o   One of these weaknesses is that this psychological test will only be effective with the correct and extensive psychological reasoning, which means I will need to have a team of experts in the psychological field.
o   However, because of my connections with a current researcher in the psychological field, her and the people she knows in that field will be crucial to overcoming this weakness
o   Customer support is a huge factor in my service because with their support it will make it more likely for my service to actually be implemented in firearm businesses if there are strong numbers in favor of it. They will be the voice that actually allows me to sell my service.
o   In order to support the production of this service I will of course first need a team that team researchers to help me develop the service, so that I can actually offer something that is effective that they would want to support.
Unfair Advantage:
o   This is a service that gives hope to all, and many services do not do that. Each individual is affected positively by this service if it is implemented which is also very uncommon. Plus, this opportunity deals with peoples safety and lives and you cant turn away from a service that will protect those two things
o   This is a service people have been searching and hoping for. I’m offering a solution that currently isn’t available. Having a service that no one else has right now will give me a large advantage in gaining support from so many.
What’s Next:
o   With this service, I hope that it will be a step in the right direction that can help limit the amount of wrong people from purchasing firearms. Although I’m only focused on Florida right now I hope to see my service in other states.
What’s next for me:
o   Five years from now I hope to have perfected my service and have brought it to legislatures attention
o   Once they have accepted it I hope for my service to be implemented in gun shops within Florida
o   I will then be working to have it implemented in other states
o   With this service implemented I also hope to see a decrease in the amount of deathly shootings caused by mentally unstable people
o   I know that it is impossible to completely stop people who shouldn’t have firearms from having them, but this service is definitely a start.

1 comment:

  1. Hey Kaitlin,
    You have a great understanding of the service you want to provide and don't seem to be missing anything when it comes to this idea. You know what it's going to take and how you plan to make it happen, and I completely agree with your approach. Great work on this assignment.

    ReplyDelete

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