Week 8 Reading Reflection

       Debt Financing and Equity financing is a difficult product to truly grasp if you have to knowledge of finance and business. The most surprising part to me is the fact that more borrowing allows for potentially greater return on equity because relationships are due to intensify because of the monthly repay pressure of debt financing. In essence, being surprising it was the hardest idea to understand. Moreover, the author was not wrong about anything because the entire concept was so new to me. However, if I were to ask the author any questions I would ask him how to balance all these factors efficiently while being an entrepreneur with no prior business experience. Also is this prior question a determinant in startups failure.

Half Way Reflection

 Entrepreneurship is an extremely spiritual, intellectual and personal experience. This class is definitely the epitome of fully embracing your intellectual mind and immerse your self as a new thinker, business person and leader. The past two months have been intellectually rewarding in comparison to quizzes and exams that do not really help grasp on subjects. On the contrary, Ent3003 enables your scholarly self in order to maximize your entrepreneurial thinking. Some behaviors that I have obtained in order to remain on the right path is consciousnesses and organization. There is always something due, and to do. In order to actually maintain the best outcomes is to organize your self. I have done this by daily organization in a daily planner. Many times has been simple to want to give up with never ending work, but what has pulled me through is actually the content. Dr Pryor does a great job actually engaging you intellectually to therefore want to do the assignments. I have developed a tenacious attitude by not only being on my toes on the frequent assignments, but being organized. This has developed by one time where I waited last minute and missed some points. After this time I realized that it was time to do things right, organized and on time. From this incident my interest has spiked and it has been a positive journey there after. Some skills I would offer to future students is to be hungry. Thirst for knowledge and immerse yourself. This class is not tedious its a personal experience that is never offered in classes at UF. Also, be very, very organized.

Week 7 reading reflection

 In this chapter the most surprising element was the fact that the market concentration has been centered on the needs with in advertising. I always believed that this was opposite. On that same note that was the most confusing part to me. Marketing to me was always centered on needs rather than advertising needs. This was the hardest element to comprehend. Also, if I was going to ask the aithor different things I would ask them the influences of the marketing segmentations and their personal experiences relating to so. Lastly, the author is not wrong about anything. There is always different approaches especially in marketing so everything is a learning experience.

Free Money

 Free Money was a challenging social experiment. The way that I approached this was to approach people that were already involved in conversations. I choose to do this this way because it was a challenging activity for me.  I went to campus to do this activity, however I do not believe this was a successful turnout. Students were either freaked out and did not respond well. Since the audience I approached were students I started the conversation based on classes or UF campus activities. One thing that I think I could have worked on was having a systematic was the topic and have a functional plan. My personal experience was that it was a mix some people wanted the money and other didn't. This is useful in approaching different markets. My prediction was not correct or incorrect. I assumed othes will take and that others will not.

Elevator Pitch 2

Durring this Assignment I was able to deliver key points regarding my product. Since this is my first attempt on submitting an elevator pitch I will try to be clear and to the point. Reflective to my experience I would tie my self more to the product.
I am looking forward to creating great improvement pendant to my feedback. I hope everyone enjoys GuacNola Bars!

Week 6 Reading Reflection

This article was the most interesting article by far that I was able to read during the course. To me, the most attractive detail from the article (most surprising) was learning the five forces that govern the profit structure of an industry by determining  how the economic value it creates is apportioned. The causes and effects are hypnotizing and mind blowing. Moreover reading the article I learned  some pretty confusing things such as just generally understanding the work study formula. If  I were to ask the author some questions I would ask them how he applies this formula to the everyday, and how it it applies to not only work ethic but personal ethic. I do not think the author was wrong about anything,

Customers Interview No.3

 As I conducted my second set of interviews I learned that maybe avocados as a snack bar is not a completely great idea. People seemed to really enjoy the fact that it is healthy but they had doubts on convenience and suggested that adding a variety of flavors would be great. The marketing aspect seemed to be really important because people do not necessarily understand the product. However, some thought that it was different, clever and provided much nutritional incentives. Reflecting, if the product is a success I can then try different flavors like suggested. The most uprising thing that my customers told me that it might not work and to add bacon???.... interesting. All in all, this turn of customers offered a lot more of direct incite as oppose to my last set of interviews which is great. I therefore had a lot more things to think of rather than general feedback. I strategy was to conduct open ended questions on one topic. The last person I interviewed liked the idea yet was confused. I conducted the interview through the phone where I learned that many people do not really like avocados. Therefore I learned a new perspective. Video will be posted soon the person did nto feel comfortable at the moment recording.

Idea Napkin No.1

1) My name is Jazmin Rubido, and I am a fourth year Political Science student with a minor in entrepreneurship and business. One of my strong suits is the fact that I am a people person and am in a sense personable. I have an extensive list of working with people starting from working with children, families, students, and adults. Some of my aspirations is to add nourishment to the world we live in through healthy nutrition. Regarding my business, I see my business taking place in the nature food/ snack segment.

2) Through my business of Guacanola, I am offering cheap natural snack food. 2 things that are hard to obtain as a student. It is convenient.

3) My product is being offered the student that searches for health, youthfulness, ages 20-30 and consumers that love health! I know this customer because I am the customer. 

4) Consumers will pay money because it tastes great, its inexpensive, and it is convenient!

5) What sets me apart from others is my drive to serve others, benefit others, and DEFINITELY make money!

- In addition to all of these aspects above, I would like to add that as an entrepreneur I have more of a personal attachment to the product. I do not know if these elements will be particularly successful for the product success, but we will see. However, my positive attitude will compensate. I have the drive for success! 

Week 5 reading

ASSESMENT OF ENTREPRENEURAL OPPORTUNITIES

 In this chapter I believe that the author was not wrong with anything. There are certain things that he suggests that are subjective in reality, so several things that he can say will not fit for all. However, I believe that the most confusing part of this chapter to read for me was the part where the author introduced is the life cycle of new ventures. Also, the most surprising thing to me was reading was learning the importance of the Marketing cycle in the entrepreneurial life. Finally, two questions that I would ask the author would be:  how do you take a failing venture to success? How useful is technology in new ventures?

Interviewing Customers No.2

 This time I interviewed customers was unique because I focused on a campus based approach. I knew that as a scholarly entrepreneur I wanted to create a product that improved the dietary needs of students. I think that I conquered a great step on my journey... communication. The gateway to success. This time I spoke to different people to analyze the different perspectives of the people that are around campus, so I included a staff member. I asked same questions as a whole but different questions here and there to therefore be reactive as a variable. Many of my questions were similar but some shorter than others seeing how some people were not comfortable with recording. Having some interviews under my belt I feel great, especially knowing that I have backup to encourage me on my journey. Seeing I was nervous about the project I feel great that I conquered it. All in all , I learned that food is essential to campus life and with today`s healthy trends, good food is of the essence along with the convenience and price. Moreover, I did not do Interviewing customers 1 so my description of my opportunity has not changed just enabled. Also, my idea of a potential customer has changed because I was able to narrow a certain segment, and  I learned much about food needs and unmet needs on campus. For students next semester I would say, this is a great assignment and a great class so you will learn a lot about yourself. You get as much as you put in and in terms of assignments this can only benefit you. Don't be scared, prepare with time, and to be patient on inpatient people.. it will happen . This is all part of the journey.

Elevator Pitch 1

My pitch is on guacbars which a delicous and nutrious. The need is in organic food which is heavey wanted and required. With an increase in consumer demand for avacado this is a perfect product just needs work.