My First Post

Opportunity: My business revolves around the unmet need of creating opportunities for others. Every year, graduates of college as well as business-seeking individuals dream of starting business of their own, but either lack the means and the knowledge of how to do so. In essence, my business is to create business's of others. In the minds of my target market, it would great to start now rather than later due to the fact economy is going downhill because it has reached its peak and will inevitably digress as a result. So to start a business now would be a great time to start because of the benefits of doing so in a relatively great economy. "Instead of waiting for the opportunity, we should have the opportunity come to us." In my personal opinion, I believe myself to be an opportunity seeker rather than a opportunity maker, however I do understand the need to start now rather than later. After some research and many conversations with friends within the business world, I...

After my venture has been made into reality and a success, I don't really have an exit strategy . Once everything has been accomplish, the only thing that matters to me is how I get there and what I learned along the way. Besides, I'm not even sure that my venture can be turned into reality with all the ludicrous things that I would need to do in order to obtain it. However I don't intend to end it here and I hope to achieve a partial success in this venture of mine. Until then I don't really know what to do for an exit strategy.

"Mindset: The New Psychology of Success" by Carol S. Dweck. Theme: The theme revolves around the perception of failure what can be gained, fixed, or opened from it. When people have a more open-minded approach to failure, it becomes less fatal and becomes more rewarding. Failures have value and should be treated as such. Connection The book connects with the course because it revolves around the teaching of the professor that failures are the steps that lead to success. The professor has made it quite clear that we need to change our views on failures because in the end, they are learning experiences that we face every now and then and it's up to us to decide what to do with this new found knowledge. Failures are a necessary experience in order to succeed. Evaluating failures is an important skill to have and not just for entrepreneurship, but also for life as well. Exercise. A good exercise to take from this is to give students a list of generic failures and hav...

This semester was filled with failures such as accomplishing goals within this course. While studying this course, I hoped to accomplish goals that I had set in the summer semester due to the fact that this semester was easier than most. However I didn't accomplish the goals that would be more beneficial to my health such as going out more with friends near me, meeting new people and befriending them, go to the gym more often, and find healthy alternatives for my diet. But the truth is that I failed at accomplishing most of those goals. I failed at a time where I had the most leisure and quite frankly the most time. It will be a lot harder to accomplish these goals in the future now because I didn't establish them here. Failures are definitely hard to get up from, but they shouldn't be used as an excuse for what I need to do. Failures are meant to be learned from, otherwise they have no value because I gave them no value.

I believe that the next steps that I need to take is to learn the finances and market in general and to gain skills befitting to the idea I am proposing. Also to do so, perhaps it is best to do these under the tutelage of my uncle that I had previously mentioned before in another assignment. Market Interviewers: Uncle's competitor: The best to do right now is to gain the skills and knowledge of the market before you can move forward otherwise you are digging your own grave in the business world. Roommate: The best you can do right now is to finish this course and get yourself a job related to this course. Classmate: It is best to understand what you are getting yourself into. I think the best approach for you is to get a job at the bank because your business is most similar to a bank who hands out loans based on your credit and reputation. Reflection: After the interviews, it is clear that I need to expand my knowledge of the market before I can participate in the marke...

Opportunity: There are many business ideas that come around to the people’s mind, most go unrealized due to the either financial reasons or for reasons such as inexperience in business and other such blunders. My market is the business world and its many residents ready to make their ideas practical and accomplish what they couldn’t accomplish alone. Potential customers must currently work jobs to gain capital for years or they are learning the business world for themselves before starting their own ideas. With the right conditions we can expand our business from financial aid such as advices to real estate. The window of opportunity will be long, especially because business ideas are always going to be a part of entrepreneurs thought process of what they want to do in the future. Until the government takes over the free market, it is highly unlikely that said market will run out of this opportunity. Innovation: My business start up idea could be something that people can use to ...