Sunday, January 17, 2016

Bugs List

Everyone has their pet peeves, otherwise known as what bugs them. When it comes to entrepreneurial pursuits the best way to advance is to recognize and exploit solutions to solve these daily inconveniences.

Below I made a list of twenty such bugs that annoy me on a daily basis and why they bother me.

1. False marketing when ordering a product online from such sites as Amazon and Ebay.

Reasoning: I was deceived by the manufacturer's claims of additional capabilities that did not accompany the actual product being sold.

2. How slow commercial aircraft are in service, as opposed to available capability of flight speed. Example: Bankruptcy of the Concorde aircraft.

Reasoning: People don't want to fly as a result of 9/11, and one-off accidents involving super-sonic aircraft thus stagnating the airline industry.

3. Luxury brands hiking up their prices over 100% of production costs, making knock-offs much more attractive to the average consumer. Example: Clothing brands like Lacoste, Versace and Chanel.

Reasoning: These brands are a tightly controlled market by a number of firms in which ever case is examined causing a cartel-like mentality toward prices.

4. The rejection of logical economic decisions because of cronyism and favoritism in many aspects of public contracts in various countries across the world. Example: Panama Canal expansion in Panama.

Reasoning: Corruption is rampant in governments the world over, making more attractive alternatives less desirable with the prospect of kickbacks for overly expensive construction endeavors.

5. Manufacturers making a defective product, yet, pushing it out onto the market despite having an inherent danger to it. Example: Hoverboards with their exploding lithium-ion batteries.

Reasoning: Manufacturers in foreign countries like China don't care about American regulations. Nor are any manufacturers in the United States to create a less dangerous product as all have left to other cheaper nations with less regulative control.

6. When companies replace their normal goods with more expensive "eco-friendly" alternatives forcing people to shell out more money for the same good. Example: recycled paper products, and all those publix bags.

Reasoning: Companies will over time find a reason to make money in any way possible including replacing products through the guise of being eco-friendly when they really want to make more profit off the consumer.

7. Traffic jams that occur on the road from Miami to Orlando and Ocala to Gainesville on a near weekly basis.

Reasoning: Congestion on the roads as a result of so many cars traveling at the same time. A lack of a comparable rail service to these locations exacerbates the problem.

8. People smoking e-cigs and other vaping machines inside buildings, where they would otherwise not be allowed to use them in.

Reasoning: Time has to be taken to study the harmful effect of these devices as well as to update all the existing signs in buildings, which there is a monetary and time cost associated with it.

9. Society's reliance on oil is a horrible addiction which causes people to spend thousands of dollars a year on fuel. Example: Automobiles, Generators and many other devices.

Reasoning: Few people wish to invest the heavy amount of capital to develop an alternative to petroleum-based fuel sources.

10. Governmental enterprises' failure at adapting at the pace found in private enterprise in almost all cases. Example: SpaceX, AmTrak.

Reasoning: Most of the people in state enterprises of any substantial talent are always lured away by the private sector while governmental organizations are filled with bureaucrats with no business experience.

11. Law enforcement is usually inefficient and biased as well as not having much transparency in their departments allowing for a continuation of mediocre behavior. Example: Ferguson, Baltimore, etc...

Reasoning: There exists no nationwide private alternative as of yet, to government-provided law enforcement.

12. A veritable lack of diversity between video game companies in terms of technical specs of consoles. Example: XboxOne and PS4.

Reasoning: Both consoles are the same exact machine with many of the same pieces of hardware created by the same manufacturers. The lack of innovation only extends to the platforms themselves and not to the exclusive games.

13. Emotional commercials on television which guilt-trip people to donate to their causes.

Reasoning: Most people cannot claim the moral high ground as they feel bad at their lack of contributions toward charity.

14. Money gathered by the state via its Sunpass system and its expansion over recent years being used frivolously on other projects.

Reasoning: Florida gets a lot more money from its sun-pass system than it is putting into its allotted role of maintaining the roads.

15. Private information being sold to companies for commercial gain to pester people into buying their product.

Reasoning: People get so sick of these groups calling them that they eventually say, yes and agree to buy whatever they are selling.

16. Charities being in bed with certain political organizations and using their databases for political advancement.

Reasoning: Some charities find it expedient to align themselves with political organizations, thus guaranteeing patronage.

17. Applications that take your information in exchange for free service or access to their application. Example: Facebook.

Reason: People are short-sighted enough to not care what happens to their information and then have to deal with the consequences of the solicitation of their information.

18. Airline companies skirting the law by not providing food to their passengers by falsely claiming their flights are 2 hours and 59 minutes instead of actually being 3 hours.

Reason: Airlines don't wish to have an added expense, so much so that they would save large sums of money in exchange for passenger dissatisfaction.

19. Companies don't sell certain products in countries because of the fear of a cultural backlash at the level of Disneyland Paris.

Reasoning: Much of this fear also denies for the chance for a willing customer base to readily enjoy an imported luxury item.

20. Firms giving massive bonuses to their executives when their companies are doing poorly at the expense of their employees.

Reason: Much of the money provided for these bonuses are from what little money the firm makes that can be reinvested to create a profit.

The difficulty with making this list is because of the sheer amount of things which bug me on a daily basis as well as a difficulty concerning my personal frustrations in a communicable manner. At the conclusion of this list, I feel that I have vented much of my frustration with these bugs and have found various opportunities.

1 comment:

Erick Fortiz said...

I can definitely agree with you when it comes to traffic jams from Ocala to Gainesville. I somehow always manage to get stuck in traffic there and it is usually like 2.5 hours. One of the things I relate to the most is false marketing by online companies. I do an awful lot of online shopping especially on Amazon and I hate it when I get something that isn't what it claims to be. Amazon tends to be better than most others and at least for me has always resolved my issues. Makes sure to check out my list. http://mastercheffortiz.blogspot.com/2016/01/bug-list.html