Trial Post 1

Go Gators

Comments

Post a Comment

Popular posts from this blog

Final Extra Credit

Image
For this assignment, I would ask students to create a list of five of their interests and hobbies. Entrepreneurs are often more successful if they create a business based around something that they have previous experience in and know well, rather than tackling a random new idea. Take these five hobbies and interests that you have identified and identify two businesses that are related to the activity that you have chosen that already exist. State the opportunity that those businesses have outlined and how you think they were able to capitalize on this opportunity. I believe that this assignment will help students develop a mindset of identifying opportunities within a market. 
Read more

6A – Identifying Opportunities in Economic & Regulatory Trends

Image
My first economic opportunity is about keeping franchise restaurants open past conventional hours in college towns where students are more likely to stay out and eat late. I found this idea from witnessing college students eating trends. College students are much more likely to eat food later than the normal adult. The prototypical customer would be college students in towns such as Gainesville, Tallahassee, and any other large school party school in the United States. I believe that the opportunity would be relatively easy to exploit, as all the franchise managers would need to do is calculate the cost to employ people verses the potential profit margin. If the calculations come out profitable, it would be easy to exploit this opportunity. One regulatory opportunity would be to enforce stricter taxes on online purchases for websites such as Amazon.com. Currently there is no sales tax per state when ordering items online. If a sales tax was instituted based on where the item was o...
Read more

27A- Reading Reflection 3

Image
1.       I believe that the general theme of this book is that there are certain mindsets that you can adapt that will help aid you to success. Also, failure can be inevitable and should not hinder you from trying to succeed. 2.       This book was relevant to what we are learning in ENT 3003 because it explained the different ways that one may fail when they begin a new enterprise or business. This book explains how failure can help aid one to success and to not let failure discourage one from trying to create new businesses even if their first one does not end up successful. This enhances what we are learning because the main objective of this class is to create a business plan of our own and formulate a path to success for our own businesses. There are over 500 people in this class, and if we were to all actually follow through with our plans on starting and running a profitable business, very few would be successful. In “How to ...
Read more