My First Blog Post (Testing)

Testing.

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30A - Final Reflection

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1.       Read through your posts from this semester. Recall all of the experiences you've had a long the way -- the highs, the lows -- the fun moments, and the moments of drudgery, and even the moments of dread. In this past semester, throughout this class, I have been exposed to many things that will prepare me for the future. I am grateful to have been exposed to elevator pitching, networking, and coming up with an entrepreneurial plan. I have also experienced lows; however, I have taken these failures and turned them into something to learn from. Celebrating failure has given me better insight in constant improvement. 2.       What sticks out to you as the most formative experience? The experience that you'll remember years later? What was your most joyous experience? What experience are you most proud of yourself for accomplishing? The most formative experience was coming up with the venture plan because I came up wi...
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28A - Your Exit Strategy

1.      Identify the exit strategy you plan to make. Do you intend to sell your business in the next 5 years for a large return? Do you intend to stay with the business for several decades and retire? Do you intend to protect the venture as a family business, and pass it down to your children? I would not sell my business in the next five years for a large return. I would rather try to allow the business to mature and grow in order for it to last for a long time. I do not think that business is 100% about profit, but also having a meaningful cause behind it. Ideally, when I retire, I would like to protect the business as something that would be a family business, passed down through generations. 2.      Why have you selected this particular exit strategy? I have selected this particular exit strategy because making a business a family matter allows the business to develop and maintain stability, commitment, accountability, ...
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9A - Testing the Hypothesis, Part 2

The Opportunity: People who need groceries delivered lack a source of efficient services, for existing delivery companies do not deliver fast enough due to a high demand and inconvenient location. Grocery companies that deliver, such as Trader Joe’s, Whole Foods, Walmart and Publix, need to expand their delivering zones to make food delivery more convenient. As a result of these next five interviews that I conducted, I asked similar questions that I asked in part one. These questions included asking them if they get their groceries delivered and how often, what companies they use, what flaws they have noticed in the system, and why they think these flaws exist. However, these questions were asked to individuals who I assumed would have the same unmet need, but do not. Who: I found that those who have transportation and live in the suburbs fall outside the boundary of the opportunity that I have mentioned. Most who fall outside the boundary already have an ea...
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