30A – Final Reflection

1 - Looking through my posts, I've learned plenty that will help me uniquely think outside of the box when brainstorming future venture concept ideas. I also realized that being an entrepreneur isn't as easy as it seems, especially being that there are so many factors that go into making a plan and finding a problem to solve.  Overall, writing about my concept has been fun and I look forward to potentially giving this a kickstart in the near future.

2- I am proud of myself for going through an entire venture concept plan on creating a business and look forward to potentially turning it into a reality. Also, reading about entrepreneurs and their rise to success inspires me to give my idea a crack.

3-  I definitely feel that I've moved closer to developing an entrepreneurial mindset. Being that I have experience from previous entrepreneurship, this course gave me the boost I needed to confidently asses future problems and push my venture concept forward.

4- The best piece of advice I have for future students is to make sure to follow along with the lectures. There is a lot of ideas that spark in moments of discussion that can help you get your creative juices flowing. Also, taking the venture concept seriously will help you build the knowledge to use for future concepts, even if you don't use the one created throughout this course.



Comments

  1. Scott HassonApril 27, 2020 at 11:06 PM

    Hey Joaquin, it was good to see that you developed the creativity needed for the entrepreneurial mindset. I also thought it was accomplishing to go through with completing an entire venture concept because I similarly did not expect to flesh out a whole venture. Now that you have the entrepreneurial mindset along with your previous entrepreneurship experience, you will surely succeed in the future. Good post!

    ReplyDelete

Post a Comment

Popular posts from this blog

18A – Create a Customer Avatar

CUSTOMER AVATAR Service: Mobile Fitness Center that brings equipment to your choice of location and includes diet and workout plans. Customer : Typical customer would have the following qualities: Between the age of 22 - 30  College graduate  Wears a suit/dress to work  Works in government/politics Wears their typical university shirt to workout Wears gloves  Loves bragging about their job  Has some experience working out Motivated to be healthy  What I have described is your average D.C. citizen trying to make a living. I tend to fit some of these qualities myself, such as the age, workout experience, and politics, but overall, it's hard to avoid people with these qualities living in most cities, so It's what my target has to be. Living in the suburbs would be a completely different set of qualities and customers.
Read more

15A – Figuring Out Buyer Behavior No. 2

Evaluating How Your Customers Evaluate Stuff Being that I live in Washington D.C. the chosen segments for my interview were people who worked in the political sphere with busy schedules. During the interview process and because they were on the younger side, their methods of finding information and choosing alternatives/shopping were almost identical. Two of them discussed that they couldn't choose a product or service without going through a robust search of testimonies, prices, and alternatives online. We are in the digital era, and making a choice through the endless amounts of sites could make things easier but also more confusing because of the mass amount of information and different opinions available at the same time. My interviewees' most important qualities when depicting product choice were quality and then price, in that order. All of them preferred to pay their products with a credit card and worry about their debt later. The post-purchase part of the intervi...
Read more

12A – Figuring Out Buyer Behavior No. 1

Sketching out the Beginning of the Buyer Behavior Process Three people who might exist in my venture's market were interviewed throughout Washington D.C., and factors that contributed to their unmet needs were very similar. Due to the lack of fitness center availability in their schedules and location, they turn to either not working out or waiting for the weekend to be able to travel to their centers to sneak in a few workouts. The most important part of the interviews conducted is that the interviewees all looked for simpler solutions to their problems. The prominent factor that stuck out during all 3 interviews was the idea that "they can go to the gym if they want to" but their actions prove otherwise. 2 of the interviewees didn't realize they had the unmet need until halfway through the conversation. It appears that they didn't want to admit that their daily lives would benefit from having a better schedule and/or having the fitness center in closer prox...
Read more