Entrepreneurship

Entrepreneurship class test

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Reading Reflection #3 - 27A

How To Fail At Almost Everything And Still Win Big Scott Adams, in my opinion, is the working man's champion. He believes in hard work and the end goal. In essence, success through multiple failed ventures is the ultimate goal. His book primarily features a a list for success, broken down into your health, your finances, and lastly, the people around you and your duty to the world. Although this may seem selfish at first, when you don't take care of yourself first, you become a burden to your family and loved ones. ENT3003 has taught me that to properly assess how you will succeed at something, you must first detail the necessary steps, execute those tasks, and then analyze your mistakes and retrieve feedback to amend your initial appraisal. In that regard, failing and learning from those mistakes will lead you to ultimate success in life.  The exercise I would design is assessing your current life and seeing what you could add/change. This includes diet, exercise, sleep...
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Whats Next? - 25A Existing Market What's next entails the following: The firearm industry is moving into more adaptable building of firearms as opposed to buying an assembled gun from the store. Customer #1: Q: What do you think the next step is for my business? A: The next step might involve getting a feel for what additional parts consumers want on their firearms, such as sights, stock grips, or larger magazines. Q: What should we focus on as a business? A: You should focus on getting all your regulatory bases covered with the government. I know people who haven't done that and they learn a hard lesson. Customer #2: Q: What do you think the next step is for my business? A: Your next step should be attaining legal permits to buy wholesale items from larger companies Q: What should we focus on as a business? A: You should focus on keeping your overhead at the lowest possible point with shipping loopholes, promos, etc.. Customer #3 Q: What do you think...
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30A - Final Reflection This semester has had a lot of ups and downs and times of hardship and drudgery. I will say however, that it has also been a period in which I learned the most from a certain class. With that being said, I now have a clearer picture of the rigors associated with such a profession and mindset of entrepreneurship.  What sticks out to me the most is the science behind this subject. This course teaches you elementary methods of getting your business off the ground all the way to launching it and nurturing its growth after reaching success. If I had a more robust and sound business idea, (along with quite a bit more money), I am confident that I would be very able to start my business and fulfill my entrepreneurial dreams.  I really enjoyed making the customer avatar assignment. It struck me as a great assignment because it made me think realistically about my potential customers and how I was going to reach out to them. I am most proud of thinkin...
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