30B

When I reflect on the individual experiences of this semester, it is impossible to choose just one component of the last 12 weeks and deem it "most formative". Writing a blog has been pretty formative. I actually know a handful of peers who maintain their own blogs and I have always kind of wondered, why? What is it about blogging that they find worthy of their time and effort. I think I have more respect for blogging as a medium now. After reading Guy Kawasaki's book, the Art of Social Media and now having posted around 25 of my own blogs, blogging is a platform where you can share your thoughts with your subscribers with far fewer compositional restraints than via Facebook, Instagram, or Twitter. I find that I actually spend more time these days reading those blogs of my friends.
The most formative experiences I’ve had this semester is the elevator pitch assignments. The most challenging experience of the class has been arranging all the interviews for the early assignments. The experience I most enjoyed was reading the comments from classmates, it has given me valuable feedback on my ideas and concepts. I am most proud of spending an extended amount of time fleshing out a business idea I have had for quite some time.
                At the beginning of the semester I was confident that I was coming into this class with an entrepreneurial mindset. The assignments in the class have expanded on that mindset, causing me to look at issues and annoyances as opportunities. This class has taught me that the entrepreneurial mindset is something that is developed and refined over time and with experience.
              
                My recommendation to students who will take this class in the future is to embrace the class, using the course as an opportunity to gain valuable feedback and insight on a business concept you’re interested can allow you to explore and revise your idea without costing yourself time or money in the marketplace. To perform best in the course, I recommend taking the time to read your classmates comments on your concept and take their advice into consideration. To foster an entrepreneurial mindset students should take to find ways to provide value to consumers by identifying and solving their needs. Doing this will cause you to start seeing opportunities you had not noticed before.
This class and the experience has given me a new perspective on entrepreneurship. While previously I only thought of those poor souls on Shark Tank, and Elon Musk and Jeff Bezos as "entrepreneurs", now I see them everywhere. The coffee truck that shows up at my office every Tuesday and Thursday is manned by an entrepreneur who dreamed of having her own coffee shop using all organic and sustainably sourced ingredients but one that could migrate around town like the nomadic nature of her own personality. Some mutual acquaintances of our friends are entrepreneurs, a husband and wife who are both artists. He composes wall art and she makes unique and classy jewelry. Do I see myself in this category of individuals? Not exactly. Do I think I am capable of being entrepreneurial? Sure I do. By always looking for the solutions to the problems, testing them out, maybe ideas work and maybe they don't, I will be living with an entrepreneurial mindset.

29 B

  My company can take advantage of this opportunity by employing innovative new ways of communicating with residents so that we may help them solve their problems quickly. Communication is key in the community management space, working with so many homeowners, subcontractors, and board of director members means things can suffer due to miscommunication or a lack of communication by any of the parties. By opening the channels of communication, we can provide prompt responses to resident inquires via; phone, internet, or mobile, this accessibility will provide my organization the opportunity to provide quality customer service and improve the relationship between residents and management. While this focus on customer experience is not a new concept it is an innovative new idea in the field of community association management. We can build strong relationships with residents by taking advantage of every opportunity to enhance their experience when interacting with management and can improve their experience of living in the community by working collaboratively together to the benefit of everyone. Building these relationships with residents can provide my organization with the opportunity to offer additional ancillary services to both the community and individual residents. By holding my organization to a high standard, we can establish a reputation for quality service and reliability within the community. Depending on services rendered costs can start as low as $20 per month per home or condominium in the community. 

                The innovations my organization will provide will address the opportunity outlined above by focusing on the customer experience by providing high quality customer service and create a collaborative community environment for the association. Customers will purchase my services because the services will offer high quality service without a substantial increase in costs to them. Getting customers to switch may be difficult without an established reputation, management contracts can span multiple years and it can be costly and painful to switch. Making connections with influential people in the community and networking is my intended way of acquiring business early on. The competition are large established management companies which are often know for their weakness of assigning too many communities to a single manager who can not adequately provide quality service to each community. Organizing the business will consist of several community managers, a handful of support staff, and subcontractors. 

                The key to my business is the commitment to the customer experience, I understand that it is a privilege to work within someone’s community and do not take that responsibility lightly. The advantage I see to the community association management space is that it allows you a foothold in the community where you can then pursue more opportunities. I would like to expand the business to include additional services such as maintenance and rental management as well as real estate sales. As an entrepreneur I would love the opportunity to create multiple business which occupy diverse spaces. I would like to build the business to the point where I can reduce my role to less than 15 hours per week, so that I can pursue other endeavors and passions. 

Feedback: 

The feedback I received for my Venture Concept No. 1 was positive and reaffirmed the importance of the strong emphasis I put on communication between my community association management company and the residents of the communities which we manage. The information I gained from the What’s Next assignment has further spurred my interest in providing ancillary services to the communities which we manage as additional revenue drivers for the organization. 

I changed by venture concept by expanding on the importance of communication and how my organization will incorporate strong communication into every facet of its operation.

28B

The exit strategy I want to plan is to sell my company to a larger national company like Lime or Bird in a couple years for at least a couple million dollars. I plan on using my current venture to fund my future endeavors. I think that my exit strategy has not affected my choices in directing my venture. I have always wanted to grow my venture regardless of how it ends.

27B

Innovation and Entrepreneurship by Peter Drucker

1. What was the general theme or argument of the book?

The main theme of this book revolves around pillars of innovation and entrepreneurship in the Business World. It talks about the actions people take in order to solve problems in an innovative manner.

2. How did the book, in your opinion, connect with and enhance what you are learning in ENT 3003?

This book relates to what I'm learning in class because it talks about the different ways that people can pursue entrepreneurship. It enhanced my earning by showing me that I can think of innovation as something achievable and can work towards, therefore creating a better mindset.

3. If you had to design an exercise for this class, based on the book you read, what would that exercise involve? 

I think I would create a problem in class, such as an employees on strike issue or something of that nature. I would then divide the class into groups where they would discuss how to solve the problem in the most innovative way. At the end of this exercise the class would vote on who had the best solution to the problem and we would discuss why. This would demonstrate how innovative the class can be when approaching serious issues.

4. What was your biggest surprise or 'aha' moment when reading the book? In other words, what did you learn that differed most from your expectations?

I think the biggest moment I had was when the author describe the biggest "new age" technology as not being computers or literal technology. The author stated that the biggest innovation was entrepreneurial management. It is interesting to think of entrepreneurship as a technology and/or tool to use when running a business. I guess it surprised me because I would have never  connected the two.  

26 B

1) One time this past semester that I failed was in one of the hardest classes that I've taken to date. The exams in this class are some of the hardest exams that I've had to take. Because of that I don't feel too bad about failing but I do wish that I did better.

2) What I learned from failing this past semester is that you always have to continue looking forwards and that it's beneficial to have backup plans just in case some plans fall through.

3) Failure is hard and it has different effects on different people. Everyone reacts to failure in different ways. This class has changed my perspective on failure because I learned that failure is a part of life and a part of evolving. Just because you failed doesn't mean that it's the end of everything because that failure might open a better opportunity. Because of that I am more likely to take 

25 B

Step 1: What's next for my venture is to start raising capital and start finding places to store the scooters and start finding ways to spread the word. 

Step 2: Interview three customers who are already part of the market you have identified, and ask them what they believe is next for a venture like yours. Describe to them your business, and simply ask "What should we be doing that we aren't planning to do?" Next, ask them about your ideas of what customers might want next. 

Step 3: Based on your own expectations and the feedback you received from customers, set a path for the future. In two to three paragraphs, describe what makes the most sense for your venture in terms of growing in your existing market.

New Market.

Step 1: Identify a radically different market from what you're currently planning to target. If you're currently targeting B2B, think about going after a B2C market. If you're currently targeting an affluent part of society, think about targeting a very poor part of society.

Step 2: Once you have identified a radically different market, describe how you think your venture concept might be able to create value for people in that market. You may have to get creative with this -- that's OK -- and perfectly welcome!

Step 3: Interview two people from this new market. Again, describe to each interviewee what your concept is. Then, ask them how they think your business might be help to meet customers like them. What kinds of adaptations to the product/service mix do they think you should make to be successful in this new market? 

Step 4:  Reflect, in two to three paragraphs, on what you learned about this new market. What surprised you the most? Were any of your expectations/assumptions correct? Does this new market, on second thought, appear to be as attractive as your existing market? And so on. 

24 B

My venture was was created by the realizations of an opportunity that there was a lack of e-scooters in the Gainesville area which is a trend appearing in a majority of other large cities and college towns. I noticed this by visiting other college towns and noticing that they all had a bunch of e-scooters around them so I took this idea and realized that there is a market that is basically guaranteed and open.

The innovation aspect of my venture I realized is that I will source stronger and faster scooters than other companies and by starting off with a good relationship with the school which will lead to better deals with working with the school.

My venture concept is to source stronger and faster e-scooters than competitors for the Gainesville area. With a large customer base (50,000+ students) combined with a good relationship with the school my venture with not only be successful but better than the competition.

23 B

1. My Financial & Economic Awareness

• Valuable = yes
• Rare = no
• Inimitable = no
• Non-substitutable = yes

2. Relationships with small business owners in my community

• Valuable = yes
• Rare = yes
• Inimitable = yes
• Non-substitutable = yes

3. Experience working in and managing small business

• Valuable = yes
• Rare = yes
• Inimitable = no
• Non-substitutable = no

3. Supported by the Environmentalist Movement across the US

• Valuable = yes
• Rare = yes
• Inimitable = yes
• Non-substitutable = no

7. Relationships with Charity organizations in my community

• Valuable = yes
• Rare = no
• Inimitable = yes
• Non-substitutable = yes

2. Access to student loans 

• Valuable = yes
• Rare = no
• Inimitable = yes
• Non-substitutable = no

5. Experience working with graphic and web designers

• Valuable = yes
• Rare = yes
• Inimitable = no
• Non-substitutable = no

9. Access to Free Labor and Advising through Relationships with UF Staff & Students

• Valuable = yes
• Rare = no
• Inimitable = no
• Non-substitutable = no

6. Access to the University of Florida's resources 

• Valuable = yes
• Rare = no
• Inimitable = yes
• Non-substitutable = no

10. Having lived in a liberal/eco-friendly area for all of my life

• Valuable = yes
• Rare = no
• Inimitable = no
• Non-substitutable = yes

After completing a VRIN analysis of the different advantages that my venture has I have come to the conclusion that my relationships with local businesses and their owners throughout the local community is my most advantageous because of the benefits that comes with it.

18A

My prototypical customer is someone who is a 30 year old woman who has a loving husband and three kids. My customer is a constantly busy woman being in a well placed position in a great company but because of that she doesn't have much time to make sure that everything is still stocked in the house. Because of so a service that would allow her to not need to always remember to buy certain things in the household she could just place a repeating order using my service. My customer Avatar is the essence of my mother who is a busy woman and is constantly trying to make sure everything is running smoothly at home. I know for a fact that the reason my customer is who they are is not a coincidence but in fact on purpose because I created my customer of my service around my mother. 

17A elevator pitch 2

https://youtu.be/sYPz2m7nekg

2) I greatly appreciate the feedback I received last time especially so because I was able to take away from it multiple things that I needed to fix in order to better my presenting skills.

3) This time around with my elevator pitch I tried to make sure that I kept a steady tone and tried to keep my eyes from wandering too quickly.

16A

Five ways in which I have unique human capital is that I'm an original, out of the box thinker, I grew up going to private and public school so I grew up seeing a lot of different people from different socioeconomic backgrounds.  I have a strong determination to succeed in my goals and especially when I set my my mind on something. I also try to help people whenever I can because I try to be a nice person whenever I can be. I like to live by the mantra "do onto others as you would like to be done to you".

The first person that I  I interviewed I asked:

--What are some skills that you think I am particularly well versed in?

--Certain skills that I think you have are: determination, knowledgable, smart, and active. 

-What do you think makes me different?

-- I think you're different from other people just because I notice that a lot of the time whenever you're doing things you seem to actually care about getting it done right and getting it done well. One of the things I've seen you do it to go over.

-What are some things that set me apart from other people?

-- You're a well rounded person that I feel like can think out of the box because whenever I see that you're faced with a problem I see you step back and I assume that you're just trying to think of solutions.

Interviewing this person was a lot of fun and some of the key takeaways are the fact that some people think I have a lot of determination, am knowledgable, smart, and active which is really good because I try to be those things and I'm glad that I'm getting recognition for it.                                               

The second person I asked:  

-What are some skills that you think I am particularly well versed in?

--some of the skills that I think you are well versed in are skills that involve thinking because I know you and know how analytical you are of things.

-What do you think makes me different?

--I think you are different than other people because I know that you think before you act which is one of the most responsible things I've seen college kids do

-What are some things that set me apart from other people?

-- Some of the things that set you apart from other people is the fact that you don't care what other people think and you say your mind which is one thing that I wish I could be able to do.

Interviewing this person was very interesting because I didn't know someone realized my though process. I was really glad to get to interview this person because now I plan things with this person because someone who notices someone else doing something is more apt to doing that thing instead.

The third person I asked:

-What are some skills that you think I am particularly well versed in?

-- Some skills that I know you are well versed in is coding and I wish that I was as skilled as you are when it comes to coding because I know of the possible future applications for coding.

-What do you think makes me different?

-- I think you are different than other people because you genuinely try to be nice and help out other people which is different than most of the people here who are just trying to benefit themselves first.

-What are some things that set me apart from other people?

-- Some things that set you apart from other people is the fact that you put other people before you. Not a lot of people do that and it makes you much nicer.

15A

The first person that I interviewed is a friend of mine When I first asked my friend what mattered to him the most when it came to buying something. He said it comes down two two things, quality and price. I asked him what about when it comes to comparing two products and then he said in that case it really comes up to which one is better for the value. Most of the time my friend is purchasing items from online websites like Amazon.com or off of other smaller websites. He said "Rarely do I go to an in person store anymore."
4) I asked what he thinks of after he makes a purchase and he told me he feels good after buying something new. I wasn't shocked by his answer because I feel the same way. I guess him and I both share the feeling of liking new things.

The second person that I'm interviewing is an old friend from back home and I asked him if he had a set of alternatives when it came to buying things and he said that usually he sets his sights on one item because he likes to do a lot of research. He usually goes online to a website like Aliexpres or Amazon and look for items but if he can't find the item there or if the item is too expensive or the shipping will take too long then he will look into physical store locations as alternatives. I asked him what he feels like after he makes a purchase and he said that if he is happy with the purchase then he will feel good and happy that he has something new whereas if he wasn't sure if he really needed the item then he will feel bad for what he called self indulgence.

The third person I interviewed was my old roommate and I started off by asking him if he had any alternatives when it came to making purchases and said that he really only buys thing off of websites like Amazon.com and doesn't really look at other places. He was okay with sacrificing a possible lower price for the convenience of 2 day shipping. I asked my suite mate what he felt like post purchase and he said that usually he his happy with his purchases. He said that if he wanted it bad enough to make the purchase then he should still be happy when he gets the item.

14A

1) Some of the behaviors that I have developed to keep up with the requirements for this course include making a monthly calendar with all of the assignment dates listed so I don't miss any more work. I also developed the behavior to always make sure that I completed my assignments for the day.

2) I moment that I felt like giving up was after a couple weeks go by I realized that I was doing some assignments the incorrect way and it really made me doubt my ability to get a good grade in this class but then I realized that if I work hard and make sure that I finish all my work on time then I can get a better grade in the course.

3) One tip that I would offer next semester's students about fostering the skills that support reenact and how to develop that tenacious mindset in the first place would be to stay determined to being on time and so you never accidentally forget to submit an assignment. Another tip that I would offer would be to make a calendar to keep yourself organized. Another tip that I would offer to students taking this class in the future would be to try and do certain assignments ahead of the due date to create a buffer between then and the due date.

13A

I read Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, Ashlee Vance

1) After reading Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, Ashlee Vance one of the things that surprised me the most about Elon Musk was the fact that he makes impulse decisions. One of the vibes that I figured he would've had was that of a control freak because he manages so many different projects I feel as though thats a characteristic he might have. Yet the fact that he makes impulse decisions contradicts the notion that he could be a control freak because control freaks usually think out plans as opposed to making impulse decisions. The thing about Elon Musk that I admire the most is the fact that he has accomplished so much even though he grew up in not the best situation. I know on a personal level that growing up in a non-functioning household can make being successful harder because it adds a lot of complications to your life. So when I read that he came from a non-functioning household I was shocked and I now admire that fact. The thing about Elon Musk that I least admire is how he can sometime act childish and immature. Elon Musk has faced adversity and failure and when he failed he just got up and tried again.

2) Some of the traits that I noticed Elon Musk had was a strong desire to benefit the future and think about the future, and the ability to come up with genius original ideas.

3) One thing that I found confusing was where was the inspiration for all of Elon Musk's original ideas?

4) If I was able to ask two questions to the entrepreneur I'd ask where he got his inspiration and motivation to set a goal on getting humanity to mars? Another question I would ask him would be was he always this motivated to help humanity or was there a pivotal moment in his life that set his goals on what they are today?

5) I feel like Elon Musk's opinion of hard work is that it's the backbone of success. One can have a plethora of ideas yet lack the motivation or determination to create success out of that idea.

12A

The segment that I am choosing for my venture's market is people with mobile devices.

What I learned from interviews

     After conducting all three interviews with people that all have the same unmet needs I learned where most of their unmet needs becomes apparent. I learned that so many people, either through friends of friends for just stories that so many people have the problem of their phones battery not lasting long enough. We live in a day and age where the most popular phone companies are producing phones with smaller and smaller batteries. This leads to the solution of people having to charge their phones.

     When the people that are in my segment become aware of their need the first thing that they think to do is look for a charger. Whether they're at their own home and have their own charger or they're at their friends house they have to ask for a charger to charge their phone. If only they had a wireless charging device the need to charge their phones would just disappear because the second that they would walk into the room their phone would just start charging instantly. The source of information that the people I interviewed had was first person reports or how they felt when they were in the situations themselves. When they search on google their problem their search terms are "charging", "charger", "wireless", and such. They talk to friends and family about new technology that they've found out like an they would tell their friends and family about my wireless charging

After going through these interviews I have basically come to the conclusion that most people are interested in the idea of wireless charging. They are looking for a technology that removes the need to  remember you have to charge your phone or always have your phone running out of battery. I would succinctly describe this segment in terms of need awareness and information search by what this assignment has caused me to have to ask interviewees

11A

1) I am a kid from Bal Harbour Florida and so much more. Some of my talents include me being good at understanding science, math, and finance, as well as my ability to problem solve and create new ideas. My skills are an avid understanding of Microsoft Office as well as understanding how to use ThinkOrSwim by TDAmeritrade, 3D Fusion by Adobe. My aspirations are to one day get onto Wall Street and start my own hedge fund. If this business were to start right now I could see it taking up a significant portion of my time and focus.

2) I am offering to customers a technology that would allow for the wireless charging of their devices from the moment they set foot inside the room.

3) I am offering this to anyone that has a newish mobile device that wants to forget about the responsibility of having to plug in your phone every so often because with this technology your phone will charge wherever you go within range. Everyone hates it when their phones run out of battery and with this device that problem simply disappears.

4) My product is valuable to people but only as much as customers value the problem of their phones running out of business disappearing. Customers should actually pay me money for my product because of the service of assuring that your phone runs out of battery less and the instantaneous initiation of charging.

5) What sets my design apart from everyone else is that the current technology available to consumers is only capable of charging devices within a couple centimeters whereas my device is capable of charging on the scale of the size of a room. What I have is a genius marketing team and a fantastic product idea.

I feel as though these five elements fit together perfectly. Not only is this technology revolutionary but it also fixes some of the problems with modern day wireless charging like the distance required and this technology has the potential to even charge faster than wireless charging as of this moment. A lot of people would be interested in purchasing this technology just because of how big of a benefit they would gain by having this technology in their house.

10A

https://youtu.be/tVdCSYmQ_HY

hope you enjoy

9A

After interviewing five new people I learned that there are some people that believe that while the road is a dangerous place, it is not solely the car drivers that make the road a dangerous place, but in fact scooter drivers deserve to take some of the blame. It was interesting to hear some of the points that they brought up like how scooter drivers sometimes drive where they shouldn't be like in between lanes to get between cars and that creates an unsafe environment not only for the scooter driver but also the car drivers too. The reactions car drivers have when they try to avoid something in the road can sometimes lead to car accidents.

Who: Everyone wants our roadways to be a safe place. But there are intact some people that believe scooter drivers make the road a more dangerous place. I asked them why the believe that and the general consensus between the people that I interviewed was that actions taken by drivers to avoid hitting scooters can sometimes lead to accidents between two cars.

What: The need for road safety for scooters is mainly reliant on the everyone that drives on the road, not only the car drivers. Scooter drivers need to be cautious of car drivers and respect the rule of the road just like every other car driver out there. The need for scooter safety differs from safety on the road when you start taking into account the safety precautions for scooter drivers. Scooter drivers need to wear helmets just like bicycle riders yet they have to adhere to safety precautions and driving restrictions just like automobiles. Some car drivers feel the need to teach scooter drivers that they need to adhere to the same laws that they do when it comes to utilizing the roads.

Why: Both scooter drivers and car drivers alike both need the roads to be a safe place and while there are people on both sides of the argument of road and scooter safety and where they place the responsibility everyone that utilized the road needs to be careful of everything around them and must try to drive as safely as possible.


                        Inside the Boundary                                  Outside the Boundary
Who:      People who believe cars are the reason                People who believe scooters are
                   driving scooters can be dangerous                   the reason driving can be dangerous


What:            Cars to become more aware                            Scooter drivers adhering to the
                            of the scooters around them                               same laws as cars

Why:            The road needs to be a safe place                    Certain people make the road unsafe

8B -- Solving The Problem

Scooters are unsafe -- that's a given. As a scooter driver myself, I always keep my eye out for other drivers on the road that could easily injure me if they bump into me because in a collision between a scooter and a car, let's be real, the car is going to win. Now in order to make scooter driving easier and to solve the problem of "Scooter drivers not being seen by car drivers" the inclusion of highly reflective surfaces onto scooters as well as the possibility of reflective helmets will help a lot with having scooter drivers be more noticeable. Gone are the days of driving cars and not seeing that scooter driver in your blind spot because the scooter driver will be covered in highly reflective strips of material that will make it nearly impossible to miss. I know that the bright yellow of reflective strips isn't really "fashionable" but what about highly reflective jackets that are made out of more fashionable material because there are jackets out there like that. If we incorporate more reflective material into the clothing that we wear when we ride our scooters then I believe that the road will become a much safer place for both scooter and car drivers.

7B -- Testing the Hypothesis, Part 1

The opportunity: Bicyclists don't have their own road on the beach path near my house so they have to share a small path with pedestrians which causes a safety hazard.

-Who: Bicyclists and pedestrians

-What: Bicyclists need their own path that is separate than the path that pedestrians take along the beach

-Why: It is currently a safety hazard when a single path is shared because people could crash into each other so it would become a much safer environment if there were two separate paths

Testing the who: Anybody who rides bicycles on a path that also has pedestrians falls under this "Who" because they are in the same situation

Testing the what: The boundaries of this need are all bicyclists and pedestrians that share the same path

Testing the why: Everyone that falls within this need will understand the why. It is simply unsafe to share the same path with bicyclist's as well as pedestrians

Summary of Interviews: What I found during the five interviews that I conducted was that everyone agreed that there needs to be two separate paths which surprised me because I did not think that everyone was going to agree on the same topic.

6B -- Identifying Opportunities in Economic & Regulatory Trends

1) Economic -- Hemp Industry set to create a job boom in the US
a) Online (https://finance.yahoo.com/news/newly-legalized-hemp-industry-set-150038120.html)
b) I believe that an opportunity exists here because with an increasing legalization of the cannabis plant I think that more and more opportunities will arise to be able to use the plant to your advantage.
c) I think that the most likely customer would be any person that suffers anything that CBD helps with.
d) I think the opportunity is very easy to exploit because all you have to do is find where Dispensaries are opening (they are going to pop up all over the place) and find a job with then or open your own dispensary.

2) Regulatory -- New York might make it illegal to text while walking
a) Online (https://www.cnn.com/2019/05/20/us/new-york-walking-while-texting-trnd/index.html)
b) I think that this information will present an opportunity because this law covers an action that everyone will be doing that would be breaking the law
c) I think that type of person that this would affect would be everyone. Simply put everyone uses their phones while they walk
d) I think that this opportunity will be very hard to execute because just of how hard it would be to implement

3) Regulatory -- FDA CBD Regulations
a) Online (https://www.washingtonpost.com/business/2019/05/31/amid-flood-cbd-products-fda-holds-first-public-hearing-cannabis-extract/?utm_term=.5475e3749e07)
b) I believe that this opportunity exists because depending on how the FDA classifies CBD it will completely change how people can obtain CBD and completely forms the CBD market around that
c) I think that everyone that would be interested in partaking in CBD would be affected by this opportunity.
d) I think that this opportunity would be easy to go with because regardless of the outcome of what the FDA labels CBD as it is still legal.

4) Economic -- Younger Generation not willing to pay outrageous prices for engagement rings
a) Online (https://www.cnbc.com/2019/05/20/younger-generations-say-i-dont-to-high-cost-engagement-rings.html)
b) I believe that an opportunity exists here to create an alternative to diamonds for engagement rings
c) I think that the most likely customer for this would be people that are of the age were most people get married
d) I think that this opportunity would be pretty easy to execute you would just have to advertise yourself the right way to not make it so that your product doesn't seem too cheap but at the same time is not a ridiculous cost.

5B

The first person that I interviewed is a friend of mine When I first asked my friend what mattered to him the most when it came to buying something. He said it comes down two two things, quality and price. I asked him what about when it comes to comparing two products and then he said in that case it really comes up to which one is better for the value. Most of the time my friend is purchasing items from online websites like Amazon.com or off of other smaller websites. He said "Rarely do I go to an in person store anymore."
4) I asked what he thinks of after he makes a purchase and he told me he feels good after buying something new. I wasn't shocked by his answer because I feel the same way. I guess him and I both share the feeling of liking new things.

The second person that I'm interviewing is an old friend from back home and I asked him if he had a set of alternatives when it came to buying things and he said that usually he sets his sights on one item because he likes to do a lot of research. He usually goes online to a website like Aliexpres or Amazon and look for items but if he can't find the item there or if the item is too expensive or the shipping will take too long then he will look into physical store locations as alternatives. I asked him what he feels like after he makes a purchase and he said that if he is happy with the purchase then he will feel good and happy that he has something new whereas if he wasn't sure if he really needed the item then he will feel bad for what he called self indulgence.

The third person I interviewed was my old roommate and I started off by asking him if he had any alternatives when it came to making purchases and said that he really only buys thing off of websites like Amazon.com and doesn't really look at other places. He was okay with sacrificing a possible lower price for the convenience of 2 day shipping. I asked my suite mate what he felt like post purchase and he said that usually he his happy with his purchases. He said that if he wanted it bad enough to make the purchase then he should still be happy when he gets the item.

Forming An Opportunity Belief

I have a belief that there is a huge opportunity in the transportation environment of UF and the surrounding area around campus. There is an opportunity for a micro-mobility solution to people not having a transportation option to fill in the gaps of the already existing transportation environment at UF. I have had multiple people come to me and tell me that they wish they had a way to get to the parking lots where they have to park their car or from their apartment near campus to campus. Hundreds if not thousands of people share this need for a solution to fill the gaps of their transportation route. The need has always existed it is just now being realized. The prototypical customer is just any student of University of Florida that needs to get from place A to place B.

Questions I asked:
1) Have you ever used an electric scooter before?
2) Do you feel like you could use an electric scooter around campus?
3) Would you use an app that would allow you to use scooters to get from place to place?

Person 1)
1) I used Lime scooters in downtown Miami and they were super fun.
2) I think it would be pretty easy to use them around campus
3) I Would you use an app that would allow you to use scooters to get from place to place

Student #2
1. I usually wake up at 9 am every morning and workout before my day starts.
2. It would be incredibly easy to use them around campus
3.I want you guys to come to campus because I think this is a great idea.


Student #3
1. I go from place to place normally after I've done all my work during the day so sometimes like 8pm but sometimes like 12am
2. It doesn't necessarily matter to me, but if I'm going late like I always do then I'd rather it be empty so I can get my stuff done and come home and get ready for bed.
3. If I got to go to the gym while it is filled I normally just go with a friend of mine so we can kill the time by just talking so it's not a complete headache and a lot less boring.

Reflection:
While I interviewing I came across a lot of students that had the same opinion, and most of them loved the idea and I think there is a huge open opportunity.

Summary:I typically agreed with the common response to my questions while asking the students. A packed parking lot is not the greatest, but it is better to workout than not to. Unfortunately, school gets in the way and homework and studying for exams is the number one priority. Maybe it is not as big of a problem to go to a packed parking lot as I thought.

My Entrepreneurship Story

This past summer I was exposed to an incredible entrepreneurship opportunity this summer when my friend offered me a partnership with him to help start a start up which we call Mint Rides. We are trying to bring sharable electric scooters to the Gainesville area. I am taking this class because I think that it will help better my entrepreneurship skills which are skills that I think are going to be very useful later on in my life.

2A -- Bug List

1) When the air conditioning in your room breaks so you have to sleep in 80 degree weather
why: technology sometimes breaks and isn't 100% reliable all the time.
2) When your roommate leaves dishes in the sink and you have to clean up.
why: sometimes other people are lazy
3) When your dog barks at every noise they hear outside.
why: dogs can be annoying too and the dog probably thinks it's doing something good by barking.
4) when drivers don't use their turning signal
why: some people don't care about driving safe
5) When your towel is still wet the next time you need to use it
why: towels dry slowly
6) When the kid that sits next to you in class is being annoying and clicking his pen
why: some people have subconscious annoying tendencies
7) When the RTS driver decides to take their break right when you are about to be late for something
why: they are required to take breaks every so often to make sure that they don't run too ahead of schedule
8) When I hear people screaming at 3 in the morning and keep me awake
why: some people are annoying and don't care about anyone else
9) When you're driving to class and there is too much traffic
why: the infrastructure for UF can't handle the amount of student's at this school
10) When there aren't enough seats in your lecture hall so you have to sit on the floor
why: UF overpacks their classes to get the most out of the professors
11) Forgetting something in your room after you've already walked out of the building
why: people are forgetful
12) when your roommate leaves trash around
why: people are messy
13) When your roommate leaves hair all around the bathroom
why: people are messy
14) When you need to go to class but its raining outside and you can't use your scooter
why: sometimes it rains
15) burning yourself on the seatbelt of a car that's been in the sun
why: metal gets hot and the inside of a car gets very hot when in direct sunlight
16) when your walking home after a night out and your shoes start falling apart
why: shoddy craftsmanship
17) When the shower takes forever to get hot
why: water takes a while to heat up
18) when your apartment runs out of food so you have to order in
why: not getting enough food when you go food shopping
19) When you want to go ahead in a class but the professor locks the assignments
why: the professor want's you to go at the pace of the class
20) Having to park on a high floor of a parking garage
why: too many people taking up better spots

reflection: I found it quite difficult finding 20 bugs to write about because I tend to overlook the bugs that I see in my daily life and look at the positives in my life as opposed to the negatives.