Final Reflection

The most formative experience that I found were the elevator pitches. I think they are immensely improtant for a lot of people. Many people do not know how to present themselves or their ideas, I myself struggle with it sometimes. I think the assignment taught me a lot on how to think and project my thoughts in the best way possible. I will remember giving away the money years later. I didn't really find any of the experiences joyous. I am most proud of the money assignment. I hate giving away money.

I do not really see myself an entrepreneur. The reason isn't because I think that this class didn't teach me how to be one, but merely that I don't felt like I really pursued anything that has made me an entrepreneur. I have definitely moved closer to developing an entrepreneurial mindset.

I would recommend to go into this journey with an open mind and be passionate about your blog. Always stay on top of the assignments and instead of waiting until the day they are due, do one a day. This fosters a good mindset and lets you be successful.

Week 15 Reading Reflection

What surprised me in this weeks reading was the part about customer loyalty. I find it an intangible part of business and it is difficult to recognize how much it actually effects businesses.
I haven't really heard of micro finance before other than a little here and there and so I was confused about that part of the reading. The two questions I would ask the author would be, "How can you quantify customer loyalty" and "Can a business have success without technology today?"
I don't think the author was wrong about anything nor did I disagree with him.

Elevator Pitch No. 4

What I have noticed that people have told me on my previous pitches is that there are similar services and that if I could offer something new that they would use my service. For this pitch I tried to focus on how my venture is different from others because it will be affordable to students and that will cause them to want to use it instead of going to the grocery store.

Google Gold

1) One of the things that I realized about SEO is that you must include key words that people would look for that is unique to the blog. For example, using the phrase "grocery delivery service" is going to have my blog pop up instead of others because that is my main venture idea. Including labels each week is one of the things I did for each week.

2) I gave 1 example of a few key words I used in the above statement. Some others words I used were, "customer interviews," "target market" and "relationship development."

3) I didn't really use social media to enchace my SEO.

4) My "What's Next?" blog post got the most traffic with 6 comments and 17 views. I think this is because it was the most interesting to people who followed my blog.

5) I did not make it to the first page of google results for my keywords. I couldn't find my post in the pages I went through.

Week 14 Reading Reflection

I did not find anything particularly interesting in this week's reading. Something that I found confusing was what the author meant by corporate venturing. I do not feel like I got a great grasp on the concept. If I could ask the author 2 questions they would be, " Can you further explain corporate venturing" and "What do you believe is the most important part of corporate venturing?" Since this chapter was very straight forward and was not very opinionated I did not disagree with the author on anything.

Very Short Interview, Part 2

1. What do you believe is the most valuable part of a business that makes it successful?

"Well there are many different types of businesses so the most valuable part of a business changes from industry to industry but overall I think the most important thing is finding what your target audience wants and finding an innovative way to provide that desire."

2. How do you feel about emotion in business?

"It's necessary, a lot of the time I interact with people who are just horrible with their finances. They look to me for help and I have to understand where they are coming from in order to understand what happened and how to help them for the future. I think people look at business and believe its a pool of sharks and although that used to be true it isn't anymore. Now business is changing and people are starting to care about others."

3. What is your greatest accomplishment with your business?

"I started at a big accounting company and then left the company to start my own and I was able to take some of the larger clients with me. For example, I was able to get Burger King to side with and because of that I was able to become very successful."

I definitely understand entrepreneurship a lot better and feel better about it all. I understand how I should think about entrepreneurship and have discovered some surprising things. I would say that during the interview she felt like I understood what questions to ask now. 

Week 13 Reading Reflection

What surprised the most in the reading was how important emotion is in business. A lot of people look at the business world and think that it is essential to separate emotion and business to be successful. I thought the same.
The book value part was the part that was most confusing to me.
If I could ask two questions they would be, "what is the most important part of value in a firm?" and "could you talk a little more about anti dilution protection?"
I would disagree with the author about emotion in this chapter. I think that emotion is important but putting too much emphasis on emotion can be damaging to a business.