24A- Venture Concept No. 1
1)
Opportunity- There is a need in the world for
safety. This need is shared by all people but is hard to come by in many
regions of the world. Many people rely on other nations and foreign militaries
for protection. This leaves them vulnerable to being politically manipulated or simply abandoned during a time
of need. In a world of highly technical weaponry, especially intercontinental
ballistic missiles, it is necessary that people in countries with weaker
militaries still have access to defensive measures against these weapons. This
market is not incredibly clear to define but would include countries that feel
threatened by the dictatorship of North Korea or highly combative Middle Eastern
nations. It includes developed nations that do not have any form of missile
defense capabilities and also those developing nations that rely on the United
Nations or America for protection. This opportunity is huge but will require large
amounts of resources and cooperation between multiple companies. This window of
opportunity will last as long as the technology for long range nuclear weapons
exists.
2)
Innovation-
I want to enable the people mentioned above to have access to the
missile defense technology that is typically contracted to large militaries
such as that of the United States. I will provide land based and ocean based
stations where countries that pay a rental fee will have access to the radar
and tracking systems that contracted companies such as Raytheon and Northrop
Grumman provide. This would be a peaceful means of giving these nations a
chance at self preservation and help guide them to being self sufficient militarily
without providing them with weapons. I would sell the access to these stations
for a million dollars a month per nation or organization and lease the systems
from the companies for a price close to that, meaning I would turn a profit
after just two organizations bought into this idea.
3)
Venture Concept- The customers’ only current
options are to rely on other nations for help in case of a major threat from an
aggressor nation. This is not a good spot to be in comparison to the ease with
which they could protect themselves if they had access to simple weapon
tracking technology. America and its allies would no longer have to put their
men and women in harm’s way to provide these services for other nations. Organizing
this endeavor will be a challenge and I will have to start with just one
station, most likely in the eastern Pacific with most of my employees being
maintenance and construction related so that I can ensure the operational side
is performing well. A possible weakness to my plan is the expense or the fact
that many nations are comfortable allowing others to protect them for
essentially no cost. A very poor country that buys into this plan may also not
have any means of shooting down the missile or retaliating so the radar would
only act as an early warning system. This would be helpful but not quite as
effective as it would be if the missile could be shot down safely.
4)
My
most important resource will have to be the technically proficient employees
required to ensure the systems run smoothly. A service designed to provide
protection cannot ever have a lapse in its effectiveness.
Something else I could tackle would be
providing developing nations training in financial activities like investing or
accounting in a business. This could be paid for by the government and it would
easily provide them a massive return on investment because it would help to get
many industries off the ground in these areas.
This vision
will take a long time to pan out and I would expect to still be working on it
over the course of the next decade. If it proves successful it could last a
lifetime.
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