Making money can be reduced to a simple method: solve a problem.

Figuring out an easy, quick, and profitable solution to a ubiquitous issue is the basic equation that any business follows.

Either being the first to devise a solution, or coming in afterward to improve upon it this is how entrepreneurs with simple ideas turn their concepts into successful companies.

The problem is, some of these problems are so immense and complex, that even the world’s best and brightest have yet to come up with solutions for them.

That’s not to say that there aren’t thousands of people working hard to find answers just that they aren’t quite there yet.

And that’s where the opportunity lies.

On the next several posts, you’ll read about some of the world’s biggest issues.

If an idea were developed to tackle these problems head-on, it’s clear that it would probably result in a large pay day, or at least in unequivocal fame and respect.





http://www.cheatsheet.com/money-career/want-to-be-a-billionaire-solve-one-of-these-5-problems.html/?a=viewall
http://www.businessinsider.co.id/billion-dollar-problems-2014-4/
cc: seun

Energy Storage.



Lot of money and time is being spent as we speak to solve our energy storage issues.

Essentially, we have no real way of storing energy either created by wind or solar power generators.

It’s why we continue to rely heavily on fossil fuels when the sun goes down and the wind stops blowing,we run out of juice.

If we had the storage technology, it’s likely that wind and solar power would quickly become the dominant form of energy generation.

Tesla has made big strides in developing batteries, and other companies, like Solar City, are putting considerable resources to work as well.

Wireless Power/Charging And Long Lasting Batteries.



Digital devices have become so small that it can be cumbersome to carry chargers around everywhere you go and plugging them into a power source.

The key instead is to find ways of squeezing more efficiency out of the devices’ other parts and stealing power from what’s around you.

University of Washington engineers, among others, are now at work on harvesting existing TV and cellular transmissions and turning them into a power source.

ayam not understanding

Water Scarcity.



Water scarcity or lack of safe drinking water is one of the world's leading problems affecting more than 1.1 billion people globally, meaning that one in every six people lacks access to safe drinking water.

And with global climate change starting to reshape how and where water levels flow, it’s something that we’re going to need to find answers to, and fast.

The effects of water scarcity could be huge.

Not only will large populations need to move and resettle near fresh, potable water supplies, but the entire world map as we know it could go through a dramatic transformation.

following like Twitter

Explorers:
Water Scarcity.



Water scarcity or lack of safe drinking water is one of the world's leading problems affecting more than 1.1 billion people globally, meaning that one in every six people lacks access to safe drinking water.

And with global climate change starting to reshape how and where water levels flow, it’s something that we’re going to need to find answers to, and fast.

The effects of water scarcity could be huge.

Not only will large populations need to move and resettle near fresh, potable water supplies, but the entire world map as we know it could go through a dramatic transformation.

Isn't this just Africa's problem? Something an effective government can handle reasonable well, especially considering water can be easily recycled, unlike Energy for example.

Explorers:
Wireless Power/Charging And Long Lasting Batteries.

Very good idea. TV transmissions are really weak. It will be such a breakthrough sifting energy out of them.
If you want to brainstorm about this, buzz me o

A Technology That Can Look Into Or Predict The Future.



Having a technology that can see the future, wars, attacks, accidents, terrorism, deaths, natural disaster can be predicted.

If they can't be prevented, we get prepared and brace for them.

Imaging having this computer in your house.

Let's go there.

A Technology That Can That Can Look Into Our Past.


This technology will enable us to see what the earth looks like millions of years ago.

How the Egyptians built the Pyramids by the slaves or professionals as some have claimed, and how the wall of china was constructed in China.

It can also take us back to how Hiroshima & Nagasaki were nuked.

We can also see the big bang era, dinosaurs, Neanderthal men.



A channel or website having this will build millions of viewers every second.

Good ideas, but some of what you mentioned are capital intensive.

good ideas but some are just impossible to achieve.

Explorers:
Energy Storage.



Lot of money and time is being spent as we speak to solve our energy storage issues.

Essentially, we have no real way of storing energy either created by wind or solar power generators.

It’s why we continue to rely heavily on fossil fuels when the sun goes down and the wind stops blowing,we run out of juice.

If we had the storage technology, it’s likely that wind and solar power would quickly become the dominant form of energy generation.

Tesla has made big strides in developing batteries, and other companies, like Solar City, are putting considerable resources to work as well.

The inforgraphic here https://electrek.co/2016/11/01/breakdown-raw-materials-tesla-batteries-possible-bottleneck/

DRC Congo may be important in raw material export than Nigeria in the near future

Rigging:
good ideas but some are just impossible to achieve.

Like they said to those that invented flying machines

1. Energy storage: Been seeing a lot of developments in that regard. There are already heavy strides taken trust me.

2. Wireless charging: Honestly I have no idea why its taken us long to realise how indispensable this feature is to the mobile. I mean its called mobile for a reason.

3. Water scarcity: I see this as the least problem on this list. The earth is 79% water. There are technologies already in use that filters sea/polluted water to potable water in seconds. The next phase should be how to make this technology affordable and available to even the most remote corners

4. Technology that looks into the future: I want to believe that this simply means a smartsystem or network of smartsystems that uses available data sifted from relevant intelligence bodies all over the world, to calculate or "think" to think and forecast likely future occurences simply based on data analysis. Much like what meteorological stations do.

5. Technology that looks into the past: At this stage I've learnt that nothing is impossible. Yes this can work. Just some skirmishes here and there to think of. Will time travel technology finally become a reality? I'm joyfully expectant.

Modified

Here's my own problem that I've thought of years ago but since then have not given any further thought to it. I believe the person that solves this may become the next bill gates. Its simple and might sound awkward:

Change. No not APC. But change as in when you want to pay a cab man #50 but have only #1000 notes. How cam we come up with a way around this that is as efficient as the mobile phone technology.

Yea I know that ultimately cashless policy will nip this in the bud (could be up to another 10-20 years though) until then its not yet efficient. For the cashless stuff to be fully efficient, EVERYBODY will have to be on it, down to your taxi and okada man, the pepper seller at the market, as well as your roadside kazeem and even the hausa guy that patches your bathroom slippers for #30. So you can see why I said that its not yet efficient.

And trust me change is something that has been plaguing us for as long as we've been using currency as a means of payment. Everybody here has a chest full of stories on his/her escapades with change issue. Some have lost their Christianity at Oshodi cos the conductor refused to complete their change.

So until then, how do we do it so that you can enter a taxi easily without having to bother if you have change to pay him.

Short-cut to wealth.
Solve/provide solutions to the following:

1. Audio file autoplay on facebook.
Where it's possible to play audio files directly on facebook just as videos without plugins etc.
Most musicians, politicians and journalists will surely use that medium to release info and updates.

2. Portable/wireless transmission of electricity.
Possibility of gridless transmission of electricity just as in radio and telecommunications transmission.

3. Telepathy.
Possibility of communication devoid of attachment/devices.

More...

Energy on my mind.


God help me

Where your talent and the needs of world cross there in lies profession/vocation. Aristotle op am following....

Where your talent and the needs of world cross,there in lies your profession/vocation. Aristotle. op am following....[left][/left]

Explorers:
Energy Storage.



Lot of money and time is being spent as we speak to solve our energy storage issues.

Essentially, we have no real way of storing energy either created by wind or solar power generators.

It’s why we continue to rely heavily on fossil fuels when the sun goes down and the wind stops blowing,we run out of juice.

If we had the storage technology, it’s likely that wind and solar power would quickly become the dominant form of energy generation.

Tesla has made big strides in developing batteries, and other companies, like Solar City, are putting considerable resources to work as well.

That's my field Mr explorers, check my signature

The world as cum 2 a point where notin is impossible esp wen it cumz 2 tech.
The only problem is that it will take many years b4 such tinz will cum in2 existence most esp d once that will b able 2 predict d future and d one dat will b able 2 show past event.
All d same wen it cum 2 science and tech every tin is realistic.
9ice one explorers

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Following

Was expecting more 'practical' Nigerian problems.

Kudos anyway

gustalnov:

Isn't this just Africa's problem? Something an effective government can handle reasonable well, especially considering water can be easily recycled, unlike Energy for example.

its not just an african problem, its a world problem

Cheap Ocean/Sea water Desalination.



Water shortages continue to make the list of the world’s most pressing issues.

The ocean covers about 70% of the earth's surface, there will be more than enough water for consumption if we could find a cheaper and easier way of desalination.

But desalination plants have proven way too expensive and inefficient to build.

The problem is that desalination of water requires a lot of energy.

Salt dissolves very easily in water, forming strong chemical bonds, and those bonds are difficult to break.

Energy and the technology to desalinate water are both expensive, and this means that desalinating water can be pretty costly.

Unhackable Passwords.



Wired has said 2012 was the year passwords broke.

Hackers have through brute force so far been able to break through practically every firewall ever invented.

There must be a better way. And engineers are working on them.

A Pill That Actually Makes One Lose Weight.


Obesity is a medical condition in which excess body fat has accumulated to the extent that it may have a negative effect on health.


No effective drug for now.

Technology that looks into the future is paradoxical. If we can see the future; then it becomes the present.


Technology that looks into the past :

If we place a giant mirror at Pluto; we can see the events of the last 10 years on it.


If there is a civillization 65 million years lightyears away from Ours; they will still be seeing Dinosaurs on Earth .

Space travel can easily discover the origins of life.



As for the rest, I've got ideas but I have this paranoid fear of my ideas being stolen......

Food Production.



Issues like water scarcity and energy storage also play into our final big problem that needs solving: food production.

We may have it good here in America, but there are still millions upon millions of starving and hungry people in the world.

And as the climate changes, and resources become even further strained, growing crops and raising animals for food will become even more difficult if not impossible.