29A- Venture Concept #2

)    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. I will have to hire employees from the nations I intend to do business in and employees from America. This will also make my company diverse.

                         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 be sold to a larger company or be sold to local governments. I don’t plan on being in this business for life but it has potential to still have a market well into the future.

     I did receive any feedback on my first concept but I changed my decade out vision to match my exit plan and also added diversity to my important resource aspect because I saw the need for great employees from every country I do business in.