Thursday, April 18, 2019

30A - Final Reflection

What sticks out to me as my most formative experience was reading the book on Elon Musk and Andrew Carnegie. I'll definitely remember the things I take away from the books for years. My most joyous experience had to be reading the books as it was easy work. The experience I am most proud of myself for accomplishing was coming up with the venture concept and seeing how into it over the semester I have developed it.

I don't really see myself as an entrepreneur because I haven't started anything or done anything yet. I definitely feel that I have moved a lot closer to developing an entrepreneurial mindset.

The one recommendation to future students is to make sure you balance your week out with watching the videos and doing the lectures. I would recommend they take notes on the lectures in order to perform best in this course. I recommend them being able to manage their time efficiently and to take effective notes in order to foster that mindset.
Image result for entrepreneurship

Wednesday, April 17, 2019

29A -Venture Concept No.2

Business Name: JSSF - (Just Some Safety Feature)

Opportunity: The people who have the need are car companies who would use the product to make their cars safer on the road. The nature of the need is that they need more ideas or technology that would make their cars safer on the road. The forces in the environment are the constant need of car companies to improve the safety of their cars in order to be able to sell their cars more. The market isn’t defined geographically as car companies are situated all around the word and demographically is defined solely by the car companies. The customers are currently satisfying the need by creating multiple safety features in order to make them safer. They are loyal to what they use now because it adds to the safety of the car but they’re open to adding more features along with those. This is a big opportunity because they’re constantly looking for new features in order to increase the safety of the car. The “window of opportunity” will be open until cars become obsolete since they are constantly looking for new features to add to their car. Another opportunity would be air traffic being unsafe and requiring humans to manually and safely avoid collisions in the air.
Innovation: The product that we are providing is a mixture of software and hardware. It would be sensors that we develop and transistors and receivers that work with software that we develop in order to make it our property. The hardware and software would be able to be integrated into any car with the sensors being able to sense the surroundings of the car. The transmitters and receivers would be able to send information to other cars so they all collectively know they’re surroundings. The software would allow the car to detect when a crash occurs or is about to and moves in order to avoid the accident instead of not reacting quick enough and crashing. As the one car moves to avoid it the car sends information to the other cars enabling the surroundings cars to move as a group to collectively avoid the collision without causing more accidents. The same software and hardware idea would be used but heavily modified for planes so planes would be able to detect each other without human interference and would be able to avoid each other. We would be making money by licensing the technology and software for 20% of the profits made from the total cars and planes sold with the technology implemented.
Venture Concept: Our innovation will address the opportunity that I identified as it would make cars and planes much safer as that’s what car companies attempt to strive for. The companies will buy our innovation since it would make cars and planes safer and with the idea of Artificial Intelligence becoming a reality many car buyers would be intrigued by the technology and would want to buy it as they would be able to compete with Tesla as well as plane companies wanting A.I. integrated into planes. The customers won’t switch to this product but add it on to their vehicle since it would increase safety and quality of the car which would result in a higher price being offered and more profits would be made. It wouldn’t be hard to get them to add them on since Tesla customers are in love with the technology that comes with the Tesla Car and they would want to replicate that with their brands in order to retain customers. There is no other competitor since Tesla sells the car with the technology as a product to the public while we would sell the technology straight to car companies. Neither packaging, distribution, customer support, customer experience, or business location play a role in defining my business concept. There is no other competitor in the airplane market with this kind of technology. The only thing that defines the business concept is the price point or the royalty percent that we require from the profits from car companies as the percent may have to change depending on if the percent is accepted or rejected by the car companies. In order to organize my business would be to hire a small team of experts in A.I. and people who know how vehicle traffic works and getting engineers that would be able to develop the product for us.  After that, there would be no need to support the ongoing production of our new product since we only must sell the license to car companies. We wouldn’t have to work on the product as in the license we could add a clause that allows them to edit to technology and software s that they can sustain it to keep its effectiveness and allow it to change the software to a certain extent. They could be able to change it, so it integrates with their car but still allows it to work with cars from other companies. The roles in the venture would be to build the product and to be of a salesman and try to get companies to buy the license.
The three minor elements: Our most important resource would be the lack of competition as this would allow us to capitalize on the market since if we get most car companies to buy the rest will attempt to buy the license just like they did with the electronically adjustable side mirrors on cars since that was designed by a man who licensed it to car companies. If competitors attempt to copy, they won’t be effective since our product would already have most of the market and a competitor would just lower the usefulness of the product so it wouldn’t be a worthy venture for them.
What’s next for the venture would be to develop systems that would allow cars and planes to communicate with each other and be able to drive by themselves since Tesla attempts to do so only for their cars so other car companies would be vying for the same technology and as a result if we make it then we could license the new technology developed by us to the other companies.
What’s next for me is that after we develop the self-driving car is to retire and live of the continuous stream of checks from the licensing deals since if cars become obsolete and if we have flying cars the tech developed by us to allow self-driving cars could be implemented into flying cars by the car companies and allow ourselves to either sell the technology to car companies who switch to that industry or to new companies in order to create controlled air traffic. As an entrepreneur in the next decade, I would want to be able to create whatever my mind thinks of and be able to make money off it. The first venture would help me achieve my vision since I would have a constant stream of money that I could use to finance the new ideas that I pursue.


Feedback: The feedback I got was my idea was good, but I would be competing with big names such as Elon Musk who is relentless, but if I'm persistent I could be highly successful. '

Changes: I changed my venture concept to include the airplane market since I feel the new market would also be a great opportunity to exploit.

I thought this was funny.
Image result for self driving car hits person

Friday, April 12, 2019

27A - Reading Reflection

I read about the biography on Carnegie.

1)

  • What surprised  me most was the level of hands of he was on the business while he relaxed or went on vacation.
  • I most admired his philanthropy as in his later years he was dedicated to giving away all the money he made over the years.
  • I least admired his ability when he criticized his partner Frick by saying he was unstable to everyone else when Frick was rightfully pissed at Carnegie and Carnegie wouldn't apologize when Frick found out and called him out. Carnegie encountered a lot of adversity and they were prepared for it and when it needed Carnegie's attention he allowed his employees to handle it while he gave advice from other places.
2) The entrepreneur exhibited many competencies and was able to learn things quickly and be able to do it more efficiently than anyone else. He know how to cut costs and how to make the business more profitable.

3) One  part that was confusing was how he was able to still live luxuriously and still be able to give away so much of his money.

4) One question I would ask is how he was able to retain still be a majority shareholder and be able to stay out of the day to day events of the business and be able to live his life since I think that's the goal for me to be like that if I owned a business or more than one. Another question would be how he was able to discern which places he would give grants to during his later years when he was all about philanthropy since I would like to do charity as well but I rather do it on my own instead of charities since I would know where it's going and how it's being used.

5) I think the entrepreneur's opinion of hard work is if you were able to get the work efficiently done as he valued labor workers as he was one of them and also since he had short work days but got more done in the few hours than most people in a day. I agree with the second part because if you can do the same amount of work in a few hours than a day I think it would be beneficial than doing a long work day.

Thursday, April 11, 2019

28A - Your Exit Strategy

1) The exit strategy I plan to make is once I feel the business has gotten as far as it could with the markets I want I'll retire and  live off the constant supply of money from the licensing deals that I made with the companies. The business I could just stop doing and not make it active. and have it as the name for the licensing deals as use that to get the money.

2) I selected this particular exit strategy as it makes the most sense since I could retire early and live of the money that keeps on coming in.

3) My exit strategy has influenced other decisions I've made in my concept since the exit has anyways been to retire after all markets have been utilized and live off the licensing deals. It didn't really influence how I identified an opportunity since the opportunity remains giving the tech to car companies but influenced how I want to give it to them. IT has influenced my growth intentions and how to acquire and use resources as it's based on just producing the tech making sure it works and licensing it right away which allows me to use minimal resources to make sure its always updated as I can have the car companies do it themselves.

Wednesday, April 10, 2019

26A - Celebrating Failure

1) Last semester I failed chem 1 and calc 1 since I thought I could study the same way as I did but turns out that I tried to tech myself and kinda knew the material but not good enough.

2)What I learned is that I have to actually study and make sure I actually know what I'm doing so I don't fail another class and screw up my schedule.

3) I handle failure the same way I do for everything since I've had a nonchalant attitude and live life attitude since I was born I just go with the flow. I'll change my ways so it doesn't happen again but when it happens I'll be like "ok" and move on with my life. I don't think this class changed my perspective on failure since it happens and is part of life. I would still be more likely to a risk if I feel like I would most likely benefit from it.

Friday, April 5, 2019

25A - What's Next?

Existing markets: For the existing markets I terms of products and services would be to try and make self driving cars a reality as there isn't much left to do from there.

All three interviews didn't know what know what else to make other than self driving cars while one said maybe to do more safety features. When asked about what I think customer might want next they agreed that they would want the ability to have self driving cars.

What makes most sense for my venture would be to make the technology for the self driving cars so that would be around the same area as the product we made now. Since after self driving cars are made there would be nothing else to make and licensing the same technology would mean more money for us. The other thing would make a system to improve traffic for self driving cars after we made them

The second path would be to make a system that would regulate the traffic of the self driving cars so there wouldn't be a need for them to stop. After making this product we could sell the technology to the government so they could regulate traffic or license it to private companies. The last thing is that the venture could do nothing and make money from the licenses.

New Market: Air vehicles

Our concept might create value since the safety feature could also be applied to helicopters and airplanes if two are heading towards each other and want to safely fly pass each other. The other thing is if we created self driving cars then we can make self flying air vehicles.

The two people I interviewed said to find ways to make planes much safer in case crashes happen if a freak accident occurs with self driving planes. I didn't have any more ideas to I think customers would want and again I could always leave and retire with the money from licenses. They said that if it was a quick make the technology and license it is to hire a small team so I wouldn't have to spend much money on salaries.

What I learned about this market is that the same technologies can also apply to air vehicles. Since air vehicles are used a lot as well the technology could be used to increase the efficiency of air travel. What surprised me the most was how easily the technology could be altered for planes.

My assumptions were correct as I realized that I was able to alter the technology and I would be able to make it able to integrate with  air vehicles, The new market however doesn't seem to be as attractive since airplanes and helicopters aren't being produced at the same rate as cars would. However to counteract that the price or rate of the profits from the license could be higher.



Thursday, April 4, 2019

24B - JSSF Venture Concept No.1


Business Name: JSSF - (Just Some Safety Feature)

Opportunity: The people who have the need are car companies who would use the product to make their cars safer on the road. The nature of the need is that they need more ideas or technology that would make their cars safer on the road. The forces in the environment are the constant need of car companies to improve the safety of their cars in order to be able to sell their cars more. The market isn’t defined geographically as car companies are situated all around the word and demographically is defined solely by the car companies. The customers are currently satisfying the need by creating multiple safety features in order to make them safer. They are loyal to what they use now because it adds to the safety of the car but they’re open to adding more features along with those. This is a big opportunity because they’re constantly looking for new features in order to increase the safety of the car. The “window of opportunity” will be open until cars become obsolete since they are constantly looking for new features to add to their car.
Innovation: The product that we are providing is a mixture of software and hardware. It would be sensors that we develop and transistors and receivers that work with software that we develop in order to make it our property. The hardware and software would be able to be integrated into any car with the sensors being able to sense the surroundings of the car. The transmitters and receivers would be able to send information to other cars so they all collectively know they’re surroundings. The software would allow the car to detect when a crash occurs or is about to and moves in order to avoid the accident instead of not reacting quick enough and crashing. As the one car moves to avoid it the car sends information to the other cars enabling the surroundings cars to move as a group to collectively avoid the collision without causing more accidents. We would be making money by licensing the technology and software for 20% of the profits made from the total cars sold with the technology implemented.
Venture Concept: Our innovation will address the opportunity that I identified as it would make cars much safer as that’s what car companies attempt to strive for. The car companies will buy our innovation since it would make cars safer and with the idea of Artificial Intelligence becoming a reality many car buyers would be intrigued by the technology and would want to buy it as they would be able to compete with Tesla. The customers won’t switch to this product but add it on to their car since it would increase safety and quality of the car which would result in a higher price being offered and more profits would be made. It wouldn’t be hard to get them to add them on since Tesla customers are in love with the technology that comes with the Tesla Car and they would want to replicate that with their brands in order to retain customers. There is no other competitor since Tesla sells the car with the technology as a product to the public while we would sell the technology straight to car companies. Neither packaging, distribution, customer support, customer experience, or business location play a role in defining my business concept. The only thing that defines the business concept is the price point or the royalty percent that we require from the profits from car companies as the percent may have to change depending on if the percent is accepted or rejected by the car companies. In order to organize my business would be to hire a small team of experts in A.I. and people who know how vehicle traffic works and getting engineers that would be able to develop the product for us. After that, there would be no need to support the ongoing production of our new product since we only must sell the license to car companies. We wouldn’t have to work on the product as in the license we could add a clause that allows them to edit to technology and software s that they can sustain it to keep its effectiveness and allow it to change the software to a certain extent. They could be able to change it, so it integrates with their car but still allows it to work with cars from other companies. The roles in the venture would be to build the product and to be of a salesman and try to get companies to buy the license.
The three minor elements: Our most important resource would be the lack of competition as this would allow us to capitalize on the market since if we get most car companies to buy the rest will attempt to buy the license just like they did with the electronically adjustable side mirrors on cars since that was designed by a man who licensed it to car companies. If competitors attempt to copy, they won’t be effective since our product would already have most of the market and a competitor would just lower the usefulness of the product so it wouldn’t be a worthy venture for them.
What’s next for the venture would be to develop systems that would allow cars to communicate with each other and be able to drive by themselves since Tesla attempts to do so only for their cars so other car companies would be vying for the same technology and as a result if we make it then we could license the new technology developed by us to the other car companies.
What’s next for me is that after we develop the self-driving car is to retire and live of the continuous stream of checks from the licensing deals since if cars become obsolete and if we have flying cars the tech developed by us to allow self-driving cars could be implemented into flying cars by the car companies and allow ourselves to either sell the technology to car companies who switch to that industry or to new companies in order to create controlled air traffic. As an entrepreneur in the next decade, I would want to be able to create whatever my mind thinks of and be able to make money off it. The first venture would help me achieve my vision since I would have a constant stream of money that I could use to finance the new ideas that I pursue.


Wednesday, April 3, 2019

23A - Your Venture's Unfair Advantage

1. Being able to recognize when one is wrong or when to change things
  • Valuable: This is extremely valuable during business decisions if things aren't working out.
  • Rare: Not that rare, except some people don't think they're wrong or can be stubborn and won't change even if it makes saving a company. People with big egos or egos could be this way.
  • Inimitable: This could be imitated if one could realize it.
  • Non-substitutable:  If I was running things day to day it would make no sense to find someone else to do it for me.
2. Lack of Brand Affiliation
  • Valuable: This is extremely valuable since I could license the tech to multiple car brands except of using it on one brand.
  • Rare: Not that rare since some car parts are made exclusively by certain companies especially with the technology for movable side mirrors on cars being licensed.
  • Inimitable: This could be imitated if one found a new innovation that could be implemented into cars.
  • Non-substitutable: Cannot be substituted since I would less most of the market and the product won't be as effective.
3. Being raised during the 2000s.
  • Valuable: This is extremely valuable since I grew up around technology so I would be very familiar with it and would know how social media works and the internet.
  • Rare: Not that rare since there  millions of other people being raised around the same time
  • Inimitable: This is imitable since plenty if kids would have this knowledge.
  • Non-substitutable: It could be substituted by people who are experts in certain technology and marketing.
4. Excitement of new technology
  • Valuable: This is valuable since with Tesla being popular and making people interest in cars that could help to my advantage with people who want to create innovate and interesting technology, and be able to employ them
  • Rare: Not that rare since companies making new innovative things could gain this excitement.
  • Inimitable: This is imitable since Technology companies can experiene this.
  • Non-substitutable: It can't be substituted since losing the excitement would mean less motivated employees.
5. How to make publicity
  • Valuable: This is valuable since publicity would allow you to get noticed more.
  • Rare: Not that rare since companies make ads that people enjoy and can be remembered such as super bowl commericals.
  • Inimitable: This is imitable since people who know how to make things go viral can get publicity.
  • Non-substitutable: It can't be substituted since losing the ability would mean less attention and possibly less money from investors and attention from possible car brands.
6. product concept
  • Valuable: This is valuable it's unique and would have less competition.
  • Rare: It's rare since I haven't seen this idea on the market.
  • Inimitable: This is imitable if someone tried to attempt the same thing.
  • Non-substitutable: It can be substituted for a different product models that could be more innovating such as self driving cars and implement it with our product.
7. Car enthusiasts and mechanics
  • Valuable: This is valuable since being friends with people who works on cars or their cars and know how they work could be useful when making the product.
  • Rare: Not that rare since people can be friends with people like them.
  • Inimitable: This is imitable since anyone can be friends with mechanics.
  • Non-substitutable: It can't be substituted since mechanics know the in's and out of cars and would be valuable in using their knowledge.
8. Being personable
  • Valuable: This is valuable since it would help in being able to make deals and business partners.
  • Rare: This isn't rare since many people can have this quality.
  • Inimitable: This is imitable since people can be personable as well.
  • Non-substitutable: It can't be substituted since losing the ability would lower my ability to successfully get business partners and secure deals.
9. Lack of Competitors
  • Valuable: This is valuable  since it means more of the market for us to exploit.
  • Rare: Not that rare since companies in certain industries have a lack of competitors.
  • Inimitable: This isn't imitable unless you came up with a new product or invention that no one has thought of.
  • Non-substitutable: It can't be substituted since that would allow me to use part of the market and lower the effectiveness of my product.
10. Possibility of getting fund-raised
  • Valuable: This is valuable since with the support of everyday people trying to make the roads safer would be able to give donations on a fundraising website.
  • Rare: Not that rare since people try to get their business ideas fund-raised through websites.
  • Inimitable: This is imitable since people can easily set up fundraisers on websites.
  • Non-substitutable: It can be substituted as I can easily try to get an investor in order to gain the needed capital.
I think the top resource is the lack of brand affiliation since that would allow me to license the technology to multiple car companies that would be able to implement this into the cars. Another reason I think it's more important is that it would allow to make the product available as more brands would be able to have it and have more cars be able to be safer on the road.

Friday, March 29, 2019

22A - Elevator Pitch No. 3


2.  The feedback I got that was important was how my past elevator pitches didn't have anything to do with my idea that I've been using the whole semester. The most surprising feedback I got was that I had more energy than the first one which I think was the opposite. The feedback that was insightful was that they said the climate I do my elevator pitches is means a lot s well as saying i need to have more than the upper half of my body shown.

3. I changed the topic of my elevator pitch so that it talks about the venture idea I've been talking about in other exercises instead of on a different idea. My pitch isn't as memorized or a better pitch because I've had to make a new one. However I feel more comfortable in front of the camera though.

21A - Reading Reflection No. 2

Book: "Innovation and Entrepreneurship" by Peter F. Drucker

1. The theme of the book was that it presented innovation and entrepreneurship as a systematic discipline that explains and analyzes the challenges and opportunities of America's new entrepreneurial economy.

2. In my opinion it connected and enhanced what I'm learning in ENT 3003 as it provides me with more entrepreneurial strategies and provides real world examples of all the strategies and concepts that it talked about in the book.

3.I would design an exercise based on creative imitation and the exercise what have people attempt to find business just like the ventures they came up with and have them try to improve the already made product and try to find a new market for it while incorporating it into their business.

4. My biggest surprise is how Japan took American products and performed creative imitation to improve the products and take over the markets from the starting companies. I didn't know some companies just refuse to see other markets and by having products at high prices makes them vulnerable for other companies to come in and take over the market.

Thursday, March 21, 2019

20 A - Growing Your Social Capital

Domain Expert:

  • Background: Janet Florence, works for Tesla.
  • How they fit the slot: Knows how the car works especially with their autopilot feature.
  • How you found the person: I went on Linkedin and found her on there and contacted her through that.
  • Nature of Exchange: I told her about my idea and she thought it was good and told me what she could about how Tesla's autopilot works with the sensors.
  • How will including this person enhance your ability to exploit an opportunity: Having someone familiar with around the same technology would help me when i try to figure it out making it so it could work with any car.

Market Expert:

  • Background: Chris Shaw, blogger.
  • How they fit the slot: He has written a lot on Tesla and how their car is innovate and how it works.
  • How you found the person: I found him on a random blog on google who talks about innovative technology and i contacted him by emailing him..
  • Nature of Exchange:  We talked about my idea and how we both thought it could work both technically and business wise how to market it.
  • How will including this person enhance your ability to exploit an opportunity: As an expert on new innovate technology, he would be helpful of thinking of ways to implement the technology and ways to make it work or to improve it even more.
Industry Supplier:

  • Background: David M., Car technician.
  • How they fit the slot: As he works at a mechanic shop they often have to order parts for the cars and work with them and know the insides and outs of them.
  • Description: Found him on Linkedin and contacted him through there.
  • Nature of Exchange: I was talking to him about my idea and was talking to him about how we would be able to set up the sensors and the software in new cars and how it could work technically with the car.
  • How will including this person enhance your ability to exploit an opportunity: He would be helpful as he knows the insides and outsides of a car he would be useful in helping us know figure out how to integrate the sensors and everything into the car since he knows the anatomy and how a car works.
Reflection: This experience will shape how I participate in any future networking events because I now realize it's more helpful to have experts who already know the industry then having to learn everything on your own since they would know more than the average person. It differs from my past since I haven't done networking at all so it shows me how to do it . 

Wednesday, March 20, 2019

19A- Idea Napkin No. 2

1. You :
·       
I'm a  freshman at UF as a mechanical engineering major. I'm skilled in talking to people and I can pick up new things pretty quickly when it comes to technical things. I have experience on my own just making whatever comes to mind and plenty of experience talking to people about anything. My aspirations are to just do whatever I want such as turning my ideas into reality. If I were to start my concept as a business,  it would take a lot of my time especially since I’ll be passionate about it and so invested that I'll make sure it gets to where it needs to be.
2. What are you offering to customers? :
·        I'm offering car companies a product that could be incorporated into their cars to help reduce the number of fatalities due to car crashes. The product would be sensors that would be able to integrate into the car and a centralized software and language that car companies would use to put in their cars as to raise the safety of the people while having a common language for the cars to communicate with so different brands can communicate with each other. The sensors would be able to recognize the other cars and with the software and a network to allow the car to respond to their surroundings while communicating with surrounding cars so the cars avoid it collectively and safely without causing more crashes.  I'm customers that buy cars to have the ability to have their chance of crashing lowered as the car would be able to react with other cars due to an accident of whatever cause. Using technology will make the car companies have a better reputation for having a safer car than people who won't use the technology. It'll be better than the individual sensors on a car that stops when they are about to crash as they can be faulty and stop in the middle of the traffic due to different factors affecting the sensor.
3.  Who are you offering it to? :
·        I'm offering it to car companies who want to make their cars to compete with Tesla and their autonomous driving features. Instead of the cars driving we still have people driving but the cars can react with other cars as a group instead of an individual car.
4. Why do they care? : 
·        Instead of having to figure out how to make the technology themselves they can buy it through licensing and implement it into their cars. As a result, the car companies that use it will be able to have their cars communicate with other companies car to make it much safer for people driving on the road. If they did it on their own then only the company's cars would be able to communicate with only that company and not another company's car. With marketing to other brands, as the first brands use it the rest might follow with a domino effect. As a way to prove it's usefulness might be able to put the product onto go-karts and see how the go-karts react in a normal race to prove it's effectiveness.
5. What are your core competencies? :
·        What sets me apart is that since I'll only be making the technology and not the cars I can have it implement in any brand of car that chooses to buy it and have the technology become more effective than only to have one brand utilize it and have it only work with that brand of cars.

I believe there are some aspects of my business concept that are weaker with the others. My business plan relies that on other companies buy the technology from me through licensing but if they decide not to license then my concept will not be profitable. I would also have to figure out how to make the technology safe so it won't cause accidents due to failures or other factors that can affect it and cause crashes.

Feedback: One of the main points I took away from the feedback was to put more detail into describing what my product is so I made sure to describe the product more in detail and describe how it would work. The second thing I took away is that networking and communication is an important aspect of creating a business so I made sure in the "Why do they care?" section to put how we would communicate how it works and it's effectiveness and how we would network it with car brands.

Thursday, March 14, 2019

18A - Create a Customer Avatar


My pro typical customer would be someone who is a techie that loves new technology and buys all the latest new tech. They drive a Tesla due to it's autopilot features and its electric car capabilities. The color of the car is prob white to make it look modern. They definitely watch Shark Tank  in order to find new things on the market and a bunch of science fiction shows or movies especially sci-fi. They read a lot technology magazines and websites to keep up with the latest things. They're probably in their late 20's or middle aged with possibly kids. They feel young as they are very well versed in technology.

What I have in common with the customer avatar is that I like technology as well since i think it's cool to see what new technology comes out and what it can do and all that. It's not a coincidence that I have that in common since I've always been fascinated by technology especially in sci-fi movies like star wars.

Wednesday, March 13, 2019

17A- Elevator Pitch No. 2



Reflection: The feedback I got was good from the first pitch with the pacing of my words and the spacing of them, as well as my hand movements. The hand movements were habit by me but everything else I thought was useful because I used the techniques from the lectures to do my pitch. The other feedback I got that was useful was to get the camera to get more of my posture and to not pace back and forth. I thought those were useful especially the pacing because it is a habit of mine when presenting so I made sure to fix it.

Changes: I made sure to stop pacing so I would look more professional and I made sure the camera captured more of my posture.

Friday, March 1, 2019

16A- What's Your Secret Sauce?


What makes me different:
  1. Passionate: When i'm passionate about something I can get really into what i'm doing and work all day and wouldn't even know.
  2. Hard-working: I can be hardworking but mostly when i'm passionate about what i'm doing as i will work however long i have to till it's done. I'll even work all night if I have to.
  3. Tenacious- Once I get my mind on something I want to get done it becomes my focus and i'll be super focused on that project until i'm done because i have to feel like i have to get it done.
  4. Creative- Ever since i was little i was able to imagine things and be able to get lost in my mind and think about creating a bunch of stuff and can zone out and think of pretty much anything that comes to my mind and figure out in my head how to make it actually work.
  5. Quick Learner- When I need to learn something for a project i'm working on by myself or learning something for personal interest, i'm able to pick it up quickly and be able to understand it in a short amount of time.
Interviews:
https://soundcloud.com/jake-anderer/entrepreneurship-class-interview-1

https://soundcloud.com/jake-anderer/entrepreneurship-class-interview-2

https://soundcloud.com/jake-anderer/entrepreneurship-class-interview-3

https://soundcloud.com/jake-anderer/entrepreneurship-class-interview-4

https://soundcloud.com/jake-anderer/entrepreneurship-class-interview-5

Reflection:
I think how I see my myself and how others do is very similar as i believe they got an accurate representation of me especially my mom being since she raised me so she would best know me. I wouldn't make an corrections to the list.



Wednesday, February 27, 2019

15A- Figuring Out Buyer Behavior No.2

Interview 1: What I learned from this interview is that the couple told me that they would like to see tests that prove that the technology would work and would wait until there's enough cars to have it and be effective than buy it when it first comes out. They prefer more about the quality of the product before buying and at it being at a reasonable price.

Interview 2: What I learned from a Father provided an idea on how with the technology that we should make sensors that work with the technology and then be able to work with car brands and their mechanics so they would be able to configure the car's programming to integrate the sensors and all.

Interview 3: Another couple informed that they like to buy in store and personally see what they're buying in person. They liked the idea and would like to also see results if the  technology is effective before buying it because they wouldn't want to buy something that could potentially put them in more danger to bugs in the software or the software not working properly.

Conclusion: I learned some valuable things about the product and in terms of alternate evaluations the idea of selling the sensors and integrate the technology but i would have to work withe the brands to let us integrate them into the cars and it will probably only work with newer cars that have safety features that allow the car to take control in situations. It might work if we had our own store or shop where we can display the sensors and the technology in action and then have mechanics familiar with the other brands software to be able to install it themselves. We would also need to test the software so it works so it can show people that the technology is actually safe and effective.

Friday, February 22, 2019

14A- Halfway Reflection

1) The behaviors I've used to keep up with the requirements is time management as I have to split doing certain things for each day so I slowly get things done throughout the week so everyday I'm not rushing to  complete the assignment the night before.

2) I felt like giving up when i had to watch a bunch of lectures and had to read 400 pages in a week as I was staying up till 5 am for three nights while reading the book. What pulled me through was that I just kept on going as I knew it would be worse if I didn't do it that night and push it off till tomorrow. I feel i already developed a tenacious attitude before the past two months has my experiences being passionate about something gives me the ability to be completely focused on it and be able to work hours straight just working on that things.

3) 3 tips I would offer for next semester kids is to figure out the first week how you're gonna schedule the lectures and activities throughout the week. I would also tell them to do other homework or something else during the lectures and then take notes after on the slides as it will help for time management for other classes. I would also tell them to find something that they're passionate about and try to start something from it.

Me when I had to do the activities for this class.

13A - Reading Reflection No. 1

1. What surprised me the most was how Elon took really big risks and pushed through so much almost going broke to come out of that unscathed and build up Tesla and SpaceX. I admire his tenacity and work ethic as he would he wouldn't know much about a subject and he would learn so he would understand the mechanics of anything and be able to work with his Engineers. I least admired his personality as sometimes he can be pretty harsh and fire people from his company that were loyal and valuable to him. Elon faced adversity and failure during much of his start ups but he pushed through and worked hard to either get money or to fix the problems before they ruined either company.

2.  Elon exhibited many competencies as he has an amazing work ethic and would work nonstop until he get what he needs to get done even if he has to stay up all night or sleep at the office. He also learns everything that he has to know about what he is making even if he has to start from scratch. He would be someone who doesn't know that much to being an expert after he learns.

3. One part that was confusing was when they were talking about the business side or go deep in the engineering topics for engines and rockets as it was hard to know what they were talking about.

4. If I were able to ask Elon two questions would be how is he able to work so much and still be able to have a social life  and what his philosophy on his work ethic is to get a better understanding.

5. I think his opinion for hard work was that he thinks people should be as passionate as he is on what they re working and be able to do the impossible while making it even harder to do but still being able to do it. He wants to push people to their limits while pushing it more. I agree with the idea that if you were passionate about something that you could get in the zone and work really hard during that time and get a lot done.

Friday, February 15, 2019

12A - Figuring Out Buyer Behavior No.1


 Segment: The segment I chose is middle aged parents who have kids as they would want safety features on their car due to wanting to keep their kids in case a crash happens.

Interview: What I learned from my segment is that they think the idea is nice but they don't have a high demand for it. As they have to take of their kids which can be costly and as a result if brands just utilize the technology then the brands can use the technology as an extra safety package which can be more costly. As long as its a reasonable price they would think about getting it but since the price would be controlled by the brands who use it, we wouldn't be able to change that. They say they rather would just drive safe unless the safety features would be lowered which wouldn't be known. Otherwise they would utilize it since kids can sometimes be rowdy and distracting, especially in their younger years, and often can distract the parents when they're driving so during those times they said it would be nice if something can help them if a crash is imminent because the parents takes off the road for a second.

Conclusion:  This segment would rather drive safely on their own when safety features are priced to high but if the idea was priced right then they would buy it as it would make the road safer for them and their kids. They do think it's a great idea but that the brands would be able to price the technology to whatever they decide.

Wednesday, February 13, 2019

11A - Idea Napkin No. 1

1. You :
  • I'm a  freshman at UF as a mechanical engineering major. I'm skilled in talking to people and I can pick up new things pretty quickly when it comes to technical things. I have experience on my own just making whatever comes to mind and plenty of experience talking to people about anything. My aspirations are to just do whatever I want such as turning my ideas into reality. If I were to start my concept as a business,  it would take a lot of my time especially since ill be passionate about it and so invested that I'll make sure it gets to where it needs to be.
2. What are you offering to customers? :
  • I'm offering  car companies a product that could be incorporated into their cars to help reduce the number of fatalities due to car crashes. I'm customers that buy cars to have the ability to have their chance of crashing lowered as the car would be able to react with other cars due to an accident of whatever cause. Using the technology will make the car companies have a better reputation of having a safer car then people who won't use the technology. It'll be better than the individual sensors on a car that stop when they are about to crash as they can be fault and stop in the middle of the traffic due to different factors affecting the sensor.
3.  Who are you offering it to? :
  • I'm offering it to car companies who want to make their cars to compete with Tesla and their autonomous driving features. Instead of the cars driving we still have people driving but the cars can react with other as a group instead of an individual car.
4. Why do they care? : 
  • Instead of having to figure out how to make the technology themselves they can buy it through licensing and implement it into their cars. As a result the car companies that use it will be able to have their cars communicate with another companies car to make it much safer for people driving on the road. If they did it on their own then only the company's cars would be able to communicate with only that company and not another company's car.
5. What are your core competencies? :
  • What sets me apart is that since I'll only be making the technology and not the cars i can have it implement in any brand of car that chooses to buy it and have the technology become more effective then only to have one brand utilize it and have it only work with that brand of cars.

I believe there are some aspects of my business concept that are weaker with the others. My business plan relies that on other companies buy the technology from me through licensing but if they decide not to license then my concept will not be profitable. I would also have to figure out how to make the technology safe so it won't cause accidents due to failures or other factors that can affect it and cause  crashes.

Thursday, February 7, 2019

9A - Testing the Hypothesis, Part 2

Interview 1: 
  • This student is a freshman college student who doesn't drive at college. He feels that he wouldn't need the autonomous communication since he believes he is a safe driver and is always aware of his surroundings since he hasn't been a car accident ever.
Interview 2:
  • I interviewed a middle-class mother who drives her kids to school. She states that if the autonomous communication was an add on feature to the car  then she wouldn't want to pay for the feature since it may cost too much and as a result would stick to driving carefully and attentively.
Interview 3:
  •  I interviewed a college student that drives a car at UF. He questioned what would happen to all the older cars that wouldn't have the autonomous communication if it was implemented in older cars. He states that as a college student he would just use the car he has instead of buying a new car for a feature he feels is unnecessary as he could just drive safely.
Interview 4:
  • I interviewed someone who uses public transportation instead of driving. She stated how it was probably a good idea but wouldn't have the need since she used buses or other forms of public transportation instead.
Interview 5:
  • I interviewed a student who bikes around campus. He says he doesn't have the need since he doesn't use a car around campus and when he goes somewhere far he uses public transportation, SNAP, or Uber instead so he said he wouldn't have the need.


 Inside the boundary
 Outside the boundary
 Who is In: People who drive regularly and believe they need safety features when they drive. Drivers with disabilities.
 Who is Not: People who believe they already drive safe. People who wouldn't be able to afford it. People who use public transportation or other means of transportation than a car.
 What the Need Is: Something that could counter human error while driving so there would be a decrease in crashes.
 What the Need is Not: Wouldn't help to decrease crashes between motorcycles or crashes with pedestrians or bikers.
 Why the Need Exists: The need exists since humans are fallible and as a result a tremendous amount of crashes happen every year in the US alone and there is a need to reduce the number of fatalities in crashes.
 Alternative Explanations: The amount of crashes happen because people aren't paying attention to the road and older people who may have hearing or seeing problems which also increases the risk of crashing.












Friday, February 1, 2019

8A - Solving The Problem

My product is creating sensors and a common language and system that could integrate with any car so that cars can communicate with each other about their surroundings in order to prevent fatal crashes.

As the opportunity being that the number of fatal crashes due to human error are enormous and a possible way to fix this was to introduce machines that are programmed to be perfect would be able to counter the human error. As a result, this would reduce the amount of crashes.

Our product which is like what Tesla is working on would instead be an independent product instead of being made into a car like Tesla. The product would be the sensors and the programming required that would allow other cars to communicate each other and as a system have any car react to any situation that arises from ,maybe a possible crash. Instead of putting it in a car though we will make it separately and then license it so the technology will only be owned by us. As a result instead of selling a car, we would license the technology to other companies as a result so the customers would be the car customers who would pay us to use the technology in their cars such as the movable side mirrors were created and implemented into cars. Also as a result the product can be implemented into any car company that uses the technology which would allow cars from different companies to communicate with cars from another company creating a standard way for them to communicate instead of different companies creating their own and having their own programming.

Thursday, January 31, 2019

7A - Testing the Hypothesis, Part 1

Need for Autonomous Communication Between Cars
Opportunity: Every year there is about 37,000 crash-related fatalities in the US due to various of reasons.

  • The who: Car drivers in the United States.
  • The what: People driving can be victims of a car crash at any time.
  • The why:People not being to react quickly enough to prevent an accident or not paying attention to the road.
Testing the who: Anyone who drives regardless if whether they are outside of the US face this problem as anyone can be subject to a car crash regardless of how safe of a driver they are.

Testing the what: People who have an impairment or disability that would increases the risk of a car crash would especially need it but there has to be features in case someone makes a fatal mistake that could end up with bad consequences.

Testing the why: People not paying attention to the road and/or people not reacting quick enough could cause this. But a variety of  reasons can be the cause of a car crash but a way to provide autonomous communication between cars whether it be a car that can drive itself or just cars interacting with other could be a good use since the cars would know its surroundings and work as a group to prevent accidents from happening.

Interview 1:

  • This interview is with a male college student who drives at home but not at Gainesville. He states that the need can be applied for every driver. He believes for autonomous communication between cars to work there would need to be safety certifications to make sure it works correctly without causing crashes or harm. He also believes there should be a common language if used with all car companies so they different models of cars can communicate with any brand car. He also believes that crashes happen because unaware of surroundings and have lapses of focus and states that machines can be a 2nd pair of eyes that could help them since computers are more consistent as he states.

Interview 2:

  • This interview is another with a male college student who keeps his car at home. For commercial reasons he believes it applies to everyone but it is especially need for drivers that are disabled. He believes that there would need to be databases for which the cars would be run through a network so traffic could flow smoothly. He also believes that crashes happen for a variety of reasons such as one being people sleeping on the road and provides no further ideas to prevent it just agreeing with the idea of autonomous communication.

Interview 3:

  • This interview is with another freshman college student with his car. He states that the need is for everyone since crashes can happen to anyone but specifically younger and older people have higher chances of driving due to less experience and the quality of their senses may decrease with age. He believes that instead of autonomous communication that they shouldn't increase the driving age to 21  and have a limit at age 60. Also they should have vision and hearing tests that are difficult to help improve safety on the road due to people with disabilities. He also believes that accidents happen because young people lack experience and their decision making abilities are more audacious and for old people their senses and brain aren't working optimally so they are more likely to crash.

Interview 4:

  • This interview is with a nonchalant freshman college student who drives at UF. He believes that the need applies to everyone since any driver is at risk to it. He also states the people with disabilities and people who lack concentration sometimes on the road can be a cause of the crashes and that the autonomous communication for cars would be a good idea. He just agrees with the idea and provides no alternatives to the issue.

Interview 5:

  • This interview is from a male college student who drives in Puerto Rico. He believes the need would be just for congested areas since there is more traffic. He believes that crashes happen because of bad driving skills and not being aware of their surroundings. He believes the issue of reducing crashes by implementing cameras on the cars to help the cars communicate with each other as they would be able to see their surroundings.
What do you know about the opportunity that you didn't know before:  
I realized from the interviews since designing and implementing autonomous cars that can communicate with each other could be quite expensive and can take  a bunch of time to design and implement. As a result I realized there are other ways that don't require technology such as using regulations and tests instead which could help reduce the number of crashes on the street.

Thursday, January 24, 2019

6A- Identifying Opportunities in Eonomic & Regulatory Trends

Regulatory Change: Amending laws to encourage small business innovation
  • Source: https://www.govtrack.us/congress/bills/116/hr206 
  • I believe this bill could help small business and help promote more small businesses from starting up or to innovate after seeing.
  • After reading the bill and seeing the laws they were amending laws with respect to the SBIR and STTR program allowed me to see this opportunity.
  • I believe small businesses and entrepreneurs starting a business will benefit as they are encouraged to use the STTR and SBIR and more people will be able to apply for these programs.
  • I think it will be easy to exploit participation for previous participants who couldn't get into the programs before.
  • I saw this belief because i know starting a business can be confusing and complicated and some people may not know where to start or miss some things since I almost did that before my dad started to help me start a business. As a result, I saw this opportunity since I know it could help people especially money wise with the SBIR and STTR programs.
Regulatory Change: 70% tax on the wealthy for "Green New Deal"
  • Source: https://www.fool.com/taxes/2019/01/24/alexandria-ocasio-cortezs-70-tax-plan-what-all-ame.aspx
  • I found this bill by seeing the 70% tax and how it would be to support the green new deal.
  • I believe this opportunity exists due to the numbers and examples of how it could work and how much money it could provide to the government.
  • The customers would be green businesses and other businesses who help battle climate change as the money would be going towards them.
  • I believe it would be an easy opportunity to exploit since the Green New Deal would provide money to companies whose focus are on preventing climate change.
  • I saw this opportunity because I realized if a business made a startup to help prevent climate change by doing anything then they could prob get money to help get it going from the green new deal.
Economic Trend: New Alternatives for Timber
  • Source: https://www.bclocalnews.com/news/downward-trend-and-uncertain-economic-forecast-for-forestry-says-ndit-report/
  •  I found the opportunity since there would be a reduced supply for timber but an increase in demand for wood products in the housing market and in China.
  • I believe this opportunity exists since the demand would be high for wood products and as a result, a new alternative would be needed such as fake wood or a material that is like wood.
  • The most likely customers would be the people who buy wood products as they can something that is just like wood so their expectation wouldn't change but it would look like the real thing.
  • It would be difficult to exploit because you would have to make a new alternative to wood and if there isn't one already then you would have to spend time on making one.
  • I saw this opportunity because I remember hearing about fake wood one day and I realized if there is a decrease in timber supply then why not use fake wood to satisfy the increase in demand.
Economic Trend: Agriculture and Winery Growth in San Joaquin County
  • Source: https://www.recordnet.com/news/20190119/trends-show-positive-economic-outlook-for-sj-county 
  • I found the opportunity since the county is very agricultural in terms of economy and there is strong demand for their products.
  • I believe that this existed since the opportunities for winery growth and agriculture processing is promising since the demand is still strong.
  • The prototypical customer would be people who buy wines or any agricultural products.
  • The opportunity would be difficult to exploit since you would have to raise money to build up the infrastructure for these businesses.
  • I saw this opportunity since my dad always tells me to get into the industries that would be booming in the future such as aerospace. As a result, if the agriculture economy is growing it would make sense to take advantage of this opportunity.

Wednesday, January 23, 2019

5A - Identifying Local Opportunities

Jupiter woman killed in wreck known for work with families

  • http://bi.galegroup.com/essentials/article/GALE%7CA570695973/1562f248771c903e8c74e0d013e8d136?u=gain40375  
  • Story:  Abbie Rosemeyer, from Jupiter, died in a car accident after she crashed into a tractor-trailer on State Road 80 after the truck tried to turn onto a road.
  • Problem: Humans not being able to react quickly enough to prevent accidents from happening either by braking or getting out of the way and that humans are capable of not noticing things or making mistakes which could cause accidents.
  • Who has the problem: Anyone who drives is at risk since humans aren't perfect human beings and are capable of making mistakes. 

Homeless woes persist downtown At last count the city had 434 homeless people, about 38 of them downtown
  • http://bi.galegroup.com/essentials/article/GALE%7CA570566924/87b98cb0cb991ef63dac2258cbe1f4a0?u=gain40375
  • Story: Susan Landeryou, a 70 year old lady, was walking downtown in West Palm Beach with her dog when out of nowhere a homeless man comes out of nowhere and steals the dog. Luckily, someone chased down the homeless man who eventually let the dog go. However the residents of West Palm Beach are starting to complain about the homeless people as they are having similar incidents with sketchy homeless people and they are constantly around pestering residents. With a homeless population of 434 the city has been attempting to lead the homeless to services that could help them instead of letting them be and arresting them when they do something illegal.
  • Problem: The overwhelming homeless population is becoming more of an issue are they are everywhere pestering people, committing crimes or being an eye sore in public places as for example, washing themselves in fountains. As a result the resident have become fearful and frustrated.
  • Who has the problem: All the residents of West Palm Beach face this problem they experience altercations with the homeless every day as a result of residing in the area. The City and also business owners face this issue as the homeless commit crimes and hassling people that such as customers at a restaurant for example or even people driving around the city.
Federal oversight of Everglades still needed, groups say Water district board voted in November to seek end to order
  • http://bi.galegroup.com/essentials/article/GALE%7CA570328840/2abea360b6b24158cdc93207632ac74e?u=gain40375
  • Story: The Everglades due to past events still requires a lot of work to restore it. However, the South Florida Water Management District wants to end a court order that requires them to clean polluted water before it reaches the Everglades. As a result multiple groups are against this would pollute the everglades and cause multiple issues for people living south of the everglades.
  • Problem: The South Florida Water Management District wants to end a court order that would end up polluting the Everglades as a result of its termination.
  • Who has the problem: Anyone living south of the Everglades would be affected since the water that goes to them would be polluted creating a need to create more water treatment centers of for more ways to purify the water for the cities of South Florida who utilize the clean water.
Elementaries feel pinch of teacher shortage
  • http://bi.galegroup.com/essentials/article/GALE%7CA570328838/2abea360b6b24158cdc93207632ac74e?u=gain40375
  • Story: Florida's public schools have a shortage of teachers as they have numerous districts that need around a hundred or more openings for teachers for various subjects.
  • Problem: There is a vast amount of vacancies for school teachers in schools districts all over Florida which in total amount to around 2,000 vacancies.
  • Who has the problem: Public schools face this issue as they become understaffed due to the lack of teachers and as a result has their teaching methods affected as less teachers means more overcrowded classrooms which may affect the effectiveness of teaching.
Parts of county issued severe designation at risk of crop damage, water shortages
  • http://bi.galegroup.com/essentials/article/GALE%7CA570057458/375ff165b9a74c5016058d6b742c2d8e?u=gain40375
  • Story: Severe drought has reached southeast Florida due to a lack of tropical systems in the past year and as a result can cause damage to crops and pastures.
  • Problem: The drought can cause damages to crops and pastures resulting in a shortage of food and materials that results from those crops and pastures.
  • Who has the problem: The farm owners and pasture owners as their cash flow will decrease due to the decrease in their crops and animals. As a result the food companies suffer as the amount of food decreases  as a result of crops dying and same for the animals.











Friday, January 18, 2019

4A-Forming An Opportunity Belief

I have a belief that an opportunity might exist with SNAP since you have to plan ahead when you want to order a SNAP or that it can sometimes take a while for it to arrive or to get to their destination.

The unmet need is that people who have to get to the other side of campus for an appointment or a scheduled event after 6:30 p.m. and doesn't want to pay for an uber or doesn't want to walk there which would cause them to leave even earlier, resort to SNAP. SNAP can take a while to come sometimes and even takes longer to get to their destination so it's not the best of solutions. The people who have this need are the students who utilize this service to get across campus. The need has always existed ever since uber and left come around and people need to be picked up at certain times so they can arrive at their destination on time but Uber and Lyft requires money while SNAP is free to students. People and companies such as Uber and Lyft are addressing the need by allowing customers to set up scheduled pickup times that they can set up days ahead. At this point, I believe that 80% that this opportunity exists since students who have appointments would utilize SNAP if you can set up scheduled pickup times since it would be a cheaper alternative then Uber or Lyft.
(The NEED referred to in the questions below is scheduled pickup times from SNAP)
  1. Male Freshman student who uses SNAP a lot
    • Exact nature of the need: "To ensure that I arrive at places early and on time."
    • When do you become aware of the need (Do they experience the need all the time or only sometimes): "I experience it frequently, and I become aware of it whenever I'm running late to something"
    • How long have you had the need: " A couple weeks after college started"
    • When did they first become aware of the need and why: "I first experienced  the need after a couple weeks into starting college when I was running late for a meeting for a club"
    • How are you currently addressing your need? "Waiting for over 20 minutes for the SNAP to arrive."
    • How satisfied are you with your solution? "No."
  2. Male freshman student who barely uses SNAP and has a car
    • Exact nature of the need: "In case of emergency when I'm running late for whatever I have to go to."
    • When do you become aware of the need (Do they experience the need all the time or only sometimes): "I only experience it sometimes whenever I use it
    • How long have you had the need: "Since college started."
    • When did you first become aware of the need and why: "When i first used it and it took a while to arrive."
    • How are you currently addressing your need? "I just use my car instead"
    • How satisfied are you with your solution? "So freaking satisfied."
  3. Male Freshman student who used SNAP a lot in the fall but not anymore.
    • Exact nature of the need: "All i reuire is that i get picked up and dropped off n my destination at a timely manner."
    • When do you become aware of the need (Do they experience the need all the time or only sometimes): "When they don't arrive in a timely manner. I only expereince it sometimes"
    • How long have you had the need: "Since the beginning of the year"
    • When did you first become aware of the need and why: " At the beginning of the year and because the snap took too long to get to the destination,"
    • How are you currently addressing your need? "Not using SNAP anymore"
    • How satisfied are they with their solution? "Pretty satisfied."
Reflection: What I learned about my opportunity is that the problem isn't really about scheduled pickups but more about not having enough SNAP buses around to decrease the waiting and arrival time. Some, however, chose to either stop using the service or just use their car instead.

Summarize: Not much of my original opportunity is still there since the problem is more about the insufficient amount of SNAP buses in the area and less about scheduled pick up times. I believe the new opportunity is more accurate since if the number of SNAP buses increased then the times would decrease and be much faster. Entrepreneurs should 'adapt' their opportunities based on customer feedback but only if there is a bunch of complaints that reveal the issue. If one customer has a complaint it shouldn't be an issue because that person could just be a negative person so if a whole bunch complain then it's a real issue. Also if you adapt to customer feedback you can keep the customers as you will satisfy them as you adapt.


Wednesday, January 16, 2019

3A-Your Entrepreneurship Story


I was exposed to entrepreneurship when I started watching Shark Tank as they had multiple entrepreneurs come and try to convince the sharks to invest in their business. I would see different kinds of people and companies and what they did right and what they did wrong. I watched the show because it was interesting to see the ideas people come up with and seeing how it turns out later on.



I enrolled in ENT 3003 because I need it to obtain a minor in entrepreneurship and I thought it looked interesting. I hope to get out of the class to learn more about entrepreneurship and learn more about starting up a business. The reason is that I’m trying to start a clothing company during the spring semester and hopefully, the things I learn in this class can help me for later on in life and for right now as well.




Tuesday, January 15, 2019

2A-Bug List

    1. There is always medium to heavy traffic around the afternoon on any street  
      •  It's a college town so they are a lot of students driving around and also adults driving back from work.
    2. The blinds don't fully cover the window allowing light to come into the room.
      • There is a small crack between the blinds that allow light to come in and maybe was cheaper than curtains.
    3. Elevators sometimes don't work in Beaty.
      • They people won't know its working until it breaks down and since it's constantly being used they can't check up on it all the time.
    4. Student Rec is always crowded around 12 pm.
      • As students have later classes it's probably more ideal to workout early so they can have time at night to study and do homework.
    5. SNAP starts at 6:30 pm and not earlier
      • It's a nightly safety and transportation service so it would make sense they do it at night since that's when it gets dark out and possibly dangerous to walk home by themselves at that time.
    6. The bathrooms at bars or clubs are disgusting
      • Since they are always lines for the bathrooms or there's a big amount inside they don't have time to clean it during the hours they are open.
    7. I have to pay to cancel my uber even if I just ordered it
      • They account for the driver having to start driving in the direction of where the pickup location was set before it was canceled.
    8. Too many people handing things at Turlington
      • It's the place with most traffic so if someone wanted to spread information to the most people it would be ideal to set up there and promote whatever they do.
    9. The lines for food at Hub are crowded especially around 12
      • Since the Hub is in the center of campus and people will be going in between class or before class to get food that would explain the crowding.
    10. SNAP sometimes takes a long time to get to their destination
      • They probably don't have a lot of cars since they only cover the UF campus and due to the number of people ordering and driving them there, it would take a while to get to destinations.
    11. The sidewalks are cracked or uneven in many places around UF and it's difficult to skateboard around campus without falling.
      • It probably costs a lot of money to fix the sidewalks and it would disrupt walking traffic as people would have to find different routes.
    12. Student Rec doesn't have enough equipment for the number of people that go there.
      • Due to the amount of limited space, they couldn't place a lot of equipment in such a confined space.
    13. Sometimes there aren't enough seats in a class.
      • Due to the number of limited spaces in classes, they won't have enough seats for everyone especially if they add more spots for people that need the class.
    14. Not able to start LAN servers for games on school wifi
      • It's probably a safety issue since if you start it then anyone would be able to join and it might cause problems.
    15. TA office hours are during class hours so its impossible to go unless you skip class
      • TA's probably have certain hours due to the classes they have so they probably have to find a time when they're free.
    16. They closed the road next Reitz Union North Lawn and it takes me longer to go to class since I have to take a different route
      • They're making the new engineering building and they have to make new walkways to the building and close of areas for the construction equipment to come in.
    17. The swimming pool at Broward is closed for Spring
      • Due to the weather conditions and it being cold out, they close since the water would be too cold.
    18. Sometimes the food at Broward isn't that great
      • Since they have to make food in bulk they probably choose quantity over quantity
    19. Having early classes can make us lose sleep due to waking up early.
      • The amount of work for classes can be a lot so having to stay up nights doing homework can take a toll on someone especially if they don't do homework during the day
    20. The basketball courts at broward close at 9 when the gym closes at 10.
      • It probably costs more to keep the lights on for another hour when not that many people will be at the courts around that time.
Reflection: I had challenges coming up with the list since I had to think of stuff that first comes up in my mind and then after I was stuck. Then I had to think more in depth of everything I did that could be a bother or a slight inconvenience to me so thinking of the rest took up some time. I didn't find it that difficult it was just a little hard at the end trying to think of the rest of the bugs since i hard to think hard about what i did everyday and where i went and what i saw.