30A Congrats everyone!

The moments that stick out to me the most are the posts that I had to video myself to unveil my product. It was nerve racking but put it into perspective that I have to be formal and show that I am worth investing in. I’m most proud of doing all the assignments on time and not missing a single one. I think I have moved closer to the mindset but have not developed it completely.  I definitely think it helps to invest a good amount of time into your work and get something out of the class because to me it would be easy to BS this class and not take anything but since we are paying for it, get something out of it if you can. 

29A

I think that my main goal in this is to get people to express their reactions to my product and show their support. With this product in particular I want to show that I can productively get this done in a productive and creative way while preserving the style and professionalism of the sock.

A lot of people depend on the socks to have a sleek design and not show but my struggle is that if I put something on the sock it will be very uncomfortable in the shoe and bother you all day. Although I did have the idea of having a tie around your ankle but then that compromises the look of the no show and I think that it wouldn’t look as sleek.

If I were to take this business plan into action, I think that a good place to try this is at markets selling at a table just to get it out there and let people know that there is something out there for them like this.

I don’t have a lot of business experience, but I do think that the assignments that we have done thus far have prepared me with an army of people that I could use to build my business and help to get the product out there. 

One of the main things that I have to work on is actually forming the product and then figuring out how I will market the packaging to show that these are new and going to be a big thing.

If I am too bland with the packaging, then most people won’t even see that there is a difference in them and the socks around them in stores. 

After I have formulated a plan for that I think that I will look into how to actually put this product into fruition into the stores. 

Once I have a contract with a store to try it out and show that I have reputable sales then I can start to build my business into a more corporate style business. 

27A

1.    The theme was that most of the time Steve Jobs focused a lot on the arts and connecting it to technology. I think this is super important and why he made it so far.

2.    It showed that you can have so many different perspectives and include other areas of passion or interest and not just work on one area of your life.

3.    Definitely would try to make people connect something in their life to an entrepreneurial aspect that could come in handy. 

4.    Biggest surprise to me was learning Steve Jobs was so influenced by the arts. He seems so technological but finding out that there is more to it was the most amazing thing to me.

28A

Honestly, I think that I would use the exit strategy of using the business until it reaches its max potential and allowing myself to get where I want with school and not be dependent on that revenue. After that, Ill either pass it down to an heir or sell it. I want this because running a business is a lot of work and not necessarily what I am super passionate about. It definitely has influenced me to not put my best foot forward due to not wanting to actually run the whole business the entire time but if it becomes an actual thing I would always try my best. 

26A

One thing that I failed at this semester was obtaining a senate seat for the sophomore class at UF. I didn’t receive enough of the votes and I learned a lot from it. I learned that some things are the way that they are due to tradition. It made me reflect on our campus community and how a lot of people don’t understand what they are doing in the bigger picture. I study sociology and find It interesting to see how everything connects and see how micro level perspectives and can affect society and the macro level of analysis. Normally, I get upset at failure but don’t let it stop me. I will try again usually or just try something new. My perspective on failure has always been the same due to my upbringing. People always had more resources than I typically did so I had to work harder a lot of times while people got a lot handed to them. I do like taking risks although and think that this class has helped me to realize I’m not the only one out there working my ass off to do what I need to get done.

25A

3 customer interviews

-       All of the interviews pointed to wanting an actual physical product. They all wanted to see the product and actually feel what it would feel like on them and how comfortable and how well it would work.

-       What makes the most sense?

o  The best option for me would be to pith the idea to a couple of business investors to see if I could get the resources to make the product and have a better business plan. Next, would be to make the product and have trial runs to see how well it went over with the customers.

New Market

-       I could target a less professional market than intended. I think that it won’t go over very well considering that they tend to not wear these types of socks. I could make them more comfortable so that people are more attracted to them.

-       Interviews

o  They like the idea of being more comfortable and especially more stylish. They were men being interviewed which is normally not a target market for no show socks, so they gave me some really good insight.

Reflection

-       I learned that the product may have to adapt to a larger market with better designs and comfort. I didn’t think about how constricting normal socks are so maybe I could look into what people prefer when picking things out. I will put it into fruition and try some things out now that I have identified a larger market.

24A

I think that my main goal in this is to get people to express their reactions to my product and show their support. With this product in particular I want to show that I can productively get this done in a productive and creative way while preserving the style and professionalism of the sock.

A lot of people depend on the socks to have a sleek design and not show but my struggle is that if I put something on the sock it will be very uncomfortable in the shoe and bother you all day. Although I did have the idea of having a tie around your ankle but then that compromises the look of the no show and I think that it wouldn’t look as sleek.

If I were to take this business plan into action, I think that a good place to try this is at markets selling at a table just to get it out there and let people know that there is something out there for them like this.

I don’t have a lot of business experience, but I do think that the assignments that we have done thus far have prepared me with an army of people that I could use to build my business and help to get the product out there. 

One of the main things that I have to work on is actually forming the product and then figuring out how I will market the packaging to show that these are new and going to be a big thing.

If I am too bland with the packaging, then most people won’t even see that there is a difference in them and the socks around them in stores. 

After I have formulated a plan for that I think that I will look into how to actually put this product into fruition into the stores. 

Once I have a contract with a store to try it out and show that I have reputable sales then I can start to build my business into a more corporate style business. 

I think it’s important to start out small and build from there.

23A

1. social capitol: I have a lot of connections in different places. This is not rare

2.financial capability: I have enough to support myself. This is not rare

3. hardworking capability: I am not afraid to get my hands dirty. This is a little rarer.

4. extroverted: I am very outgoing although that is not rare

5. ability to try anything new: this is not very rare but definitely an asset

6. I have good friends: In a rough patch this comes in handy. I think this is becoming rarer.

7. Family values; I hold very good values that play into my role in society

8. high standards: I hold myself and the people around me to high standards

9. detail oriented: I can spot when something is off almost instantly most of the time

10. OCD: I have an actual condition that keeps me in line most of the time.

I think that the ability to try new things is the best asset. I’m not scared to go out on a limb to try something not as conventional and this can be very rewarding.

22A

https://youtu.be/fahXQr12tdM

I was told to be a little more enthusiastic so i tried my best. I do find it a little weird to be enthusiastic about socks so it’s a little awkward. I changed my attitude towards it a little bit to come off as happier lol.

21A

21A

1.    The theme of the book was that if you work hard you can accomplish anything. Although, the story was focused on Mr. Elon Musk it had a theme that was a self-,love type book if you took into consideration the tips that they were giving you.

2.    It connected because it showed how thinking outside of the box can get something resolved and the hard work that we put into what we work on is worth it and never be afraid to fail.

3.    It would have to deal with something in your childhood. A huge chunk of the book was about how Elon Musk helped his future pre adulthood. You could see how our childhood played into the future we want now.

4.    I definitely was surprised to know how young he was whenever he started his journey. I didn’t expect someone to ever be able to have the resources to be that successful at such a young age.  My “aha” was that I cannot do the same thing since it is too late in my life. 

20A

Domain Expert

-      I chose a doctor here in town that it known for his investment practices and knows a lot about business. He also carries his own medical practice. I know the doctor as I used to work for him at his practice. He expects to see me do well in college and become successful in whatever business tract I follow. I think he has a lot of connections and therefore will bring a lot of connections to me.

Market Expert

-      I chose a close friend that studies advertising because he has spoken with me about opening his own business with a line of clothing. I found Thomas whenever I started freshman year and we instantly vibes together. I think that our exchanges are very friendly, and he would be willing to help me with anything. 

Supplier

-      I chose my friend, Mika. Who has a lot of experience selling and providing certain products due to her background. I found her because she dated a close friend of mine and we stayed in touch and became such good friends. I think she will be beneficial to any business due to her selling experience and also wouldn’t od me dirty in any business transactions.

I think the reflection will be good to determine how we will promote out business. I personally want a very creative vibe but also one that comes off as professional. This will be different from the networking events I have been to because usually I am on the consumer side instead of trying to sell my own product.