Posts

Showing posts from April, 2020

30A – Final Reflection

Image
1) Looking through all the assignments this semester I am proud to see that I was able to complete all of the assignments. I did struggle with time management with this class, but as the semester progressed I saw improvement. I am also happy with how my business mindset has changed throughout the semester. The assignments made me expand the way I throughout of things and reading my classmates' posts made me see these assignments from a new perspective. 2) The most formative thing that stands out to me about this experience is the fact that I was able to conduct a lot of interviews throughout the semester. It taught me about the importance of seeking opinions about ideas that I have because the outside perspective can be crucial when it comes to product success. The experience that I will remember the most is the amount of work that this class was. It was a lot of weekly assignments that became overwhelming, but I am happy to say that I was able to survive the semester. I am proud...

29A – Venture Concept No. 2

Image
1)  Opportunity :  The nature of the need is to focus on a smaller area of aid rather than attempting to collect funds for the never ended disaster in the world. This allows the donations to be of greater help rather than being spread thin. The changes in the environment creating this opportunity is the consistent natural disasters that have been occurring throughout the world. There are times when multiple disasters happen at once, so our organization will focus on a smaller scale and helping those in the United States that need assistance. The market is defined geographically by the organization existing in the United States to only aid those within the United States. Demographically the organization will internally be run by college students and funded by no demographic in particular. Customers are satisfying this need by volunteering for other organizations and donating to other causes. They are loyal to the idea of helping others, not necessarily what organization th...

28A – Your Exit Strategy

 in the next 5 years I would like to expand my organization into other college campuses. It would be a slow process in order to make sure the organizations that start are able to stabilize. This allows to the new organizations to start to rain successful rather than moving too fast to start multiple causing them to potentially fail. Since this organization is to be run by college students I will not be running it, but I will be sponsoring the UF chapter. I would also help find sponsors who might be interested in funding. If this organization were to survive for decades on campus I would inform my family about the legacy and to become involved if it is something they are passionate about. This organization is a great opportunity for them to become involved, but not have a lot of responsibility since it’s already established and they do not need to run it unless they would like to become executive members.  I picked this exit strategy because the USA Relief organization is one...

27A – Reading Reflection No. 3

26A – Celebrating Failure

This semester I failed at trying to keep a fitness routine. I would start for a day or two and then I would have something come up that I would stop going. I kept on attempting to start again in hopes to get a routine going, but sadly I wasn’t able to stick with one. When I saw that I couldn’t stick with going to the gym I decided to attempt doing at home workouts, but that stopped also after one or two days of starting. This is something I have attempted to do for longer then just this semester because I want to get a routine going, but I always seem to find an excuse to break the gym streak I start to do.  I learned that I need to properly ease myself into going into the gym. If I go all in quickly I will lose the motivation to keep going. On day one I should do the minimum and slowly progress as I go. This will allow me to mentally prepare myself to start working out and also ease my body into working out. Sometimes when I go all in too quickly I become sore and lose the mot...

25A – What’s Next?

Existing Market:  1) I think that the future for my organization would be the continuous expansion of chapters on different college campuses. This will help to continue the expansion of aid that USA Relief will have on the United States. This will also expand the number of sponsors that will be willing to give free products to affected areas. 2) Since we did not have to interview people because of the current state of the world I decided to talk to my friends for their opinions on what I have planned next. They stated that my idea of wanting to start chapters on other college campuses is a great idea to spread my organization because there will be students who will want to see the organization succeed and decide to run for exec. They suggested that I need to establish more firm reasoning for more organization so it can stand out from other college organizations. This way more students and sponsors will want to support the organization. 3) I think the best thing for me to do n...

24A – Venture Concept No. 1

Opportunity :  The USA Relief organization collects funding and donations to aid those within the United States that need once a natural disaster hits. The two types of customers are those who are wanting to volunteer or donate and those who are being aided by the organization. The nature of the need is to focus on a smaller area of aid rather than attempting to collect funds for the never ended disaster in the world. This allows the donations to be of greater help rather than being spread thin. The changes in the environment creating this opportunity is the consistent natural disasters that have been occurring throughout the world. There are times when multiple disasters happen at once, so our organization will focus on a smaller scale and helping those in the United States that need assistance. The market is defined geographically by the organization existing in the United States to only aid those within the United States. Demographically the organization will internally be ru...

23A – Your Venture’s Unfair Advantage

1) Personal Drive:  This human capital is one that can lead an idea to success. It is valuable to have people in an organization that is motivated to keep the organization going despite the initial struggle. This personal drive to make the organization successful is one that is often rare to find because some people do not put organizations as a priority, so finding a group of college individuals who are is unique and often times hard to find. There are no other resources that provide this benefit because without having actual students driven to make the USA Relief organization successful then there is no way for it to even begin. 2) Non-profit advice and connections: This is important because having connections with non-profits that are focused on giving back to the community allows USA Relief to recieve advice on how to be successful. This is valuable becuase there is no need to try to figure everything out on your own when you have others who have done it before, so it is im...

22A – Elevator Pitch No. 3

Link to video:  https://www.youtube.com/watch?v=akspyfDT530 Reflection: On my last elevator pitch, I only received one comment and their main critique was the lighting and angle of my video. I was not able to change that much just because I had nowhere else to film. This made it difficult for me to edit what I had done in the second elevator pitch. Feedback: I decided to not change my second elevator pitch because with the lack of critiques I found it difficult to decide what to change. I felt that my elevator pitch is strong and gets my point across on both the emotional reasoning of this organization and the overall reason for why this organization was created.

21A – Reading Reflection No. 2