WEEK 8 READING REFLECTION

WEEK 8

1. The biggest surprise I had on this week's reading was on the dispelling ventures capital myths. Most of the myths I read on the chapter were things that I used to believe. It was very challenging reading this chapter since I had to re-read and concentrate to get all the information provided. 
2. This ready was easy to get through. Fortunately, I have did not get confused with any of the material because the chapter was explained. 
3. I do not have any questions to the author. Like I mentioned before, the chapter was perfectly well explained and I have no questions at all.
4. I would say that the author is right about every point made on this chapter so I agree with him in every single aspect.  

Half-way reflection!

• In order to keep up with a blog I would say that first of all, you need to be constant. patience and being constant is a key to success with your blog. The behaviors to that I used to keep up with all the amount of work that we have every week was to write down on my planner every single homework with its due date. This helped me to do my job on time and not gent behind. Also, I had to be very patience. Some of the homework required to left my apartment and most importantly get out of my comfort zone. Every time that we have to interview random people, it took me lots of time and patience to get my work done. Finally, I have developed an important skill such as, planning ahead my work. I have to say that this course has been a challenge not only for the amount of work that we have to do but also for the due dates, that are an important part of this course since there is no exceptions or make-ups. 

• I must admit that the first time that cross my mind to give up with this course was when we have to do the first interviews. It was such a challenge to do it and get the courage to get it done. To my surprise I did it and it felt amazing, getting out of your comfort zone has been a challenge to me and that is exactly what this course have thought me through the past two months. I feel much more capable of doing different task in my future career thanks to the work done in this course. Also, I feel more prepare to interact with random people which is not only on a career basics but also for life in general. 

• My biggest advice for future students would be first, be confident. by being confident you will not be insecure to do any assignment and you will happily make it happen. Second, buy a planner, being meticulous and organize will help you to do all the work on time. and third, get out of your comfort zone. Be active, be kind to people, don't be afraid to talk with strangers,  you can imagine how helpful can people be and to my surprise you will received good feedback and people will  always want to help you. 

Week 7 reading reflection

WEEK 7


1.  What really stood me out was the different types of segmentations for the different group of people and their owns purposes. Also,  the fact that the  author mentioned companies such as, pepsi and miller, make the article even more interesting.

2. It was not fully confusing but I would like to get more examples of the the Gravity of decision spectrum.

3.  I would like to have more examples about the gravity of decision spectrum.

4. I don't believe that it's necessary to change anything or the author is not wrong about anything. I enjoyed reading all the material specially which attitudes involves in the buyer decision.

Free Money

WEEK 7

• I went around my neighborhood and Publix. 
• Guys and girls between 20 and 25 years old.
• I said hi and just handed them the one dollar bill and waited to see their reaction. It was kind of fun to see how everyone was really surprise and confuse by my actions. 
• I just say hi and after I handed the dollar I waited to see their reactions and right after that, I introduced myself and actually made some friends. 
• I was able to give them all in the very first attempt. 
• I told all of them that I wanted to be nice and see people's reaction because it is not usual that someone do that. 

Elevator Pitch No. 2

WEEK 7

The feedback that I have received from the past exercise was very positive and helpful. People loved the idea and it was gratifying seeing all the good responses. However, I feel that I have to improved my presentation and this time I asked my roommate to recorded it while I was doing my pitch. I tried to be more energetic and pretended that I was doing a commercial instead of just talk about my business idea. Also, I added a vegan product for all those who have the life style. I have decided to added  it since the majority of feedback received was about that matter. In addition, I wanted to showed my kitchen which  is the place where I will make the Casseroles and people can see the place where all the action is going to take place. I hope you guys enjoy it as much as I did doing it.

Week 6 Reading Reflection

Week 6

The biggest surprise for me was definitely the five forces. It was a very interesting lecture and very easy to understand. Porter's five forces were very detail-oriented and well explained. Implementing them would be challenging but one can learn lot from it. However, I found the supply side of the economics of sale kind of confusing. On the other hand, I would like to ask the author what motives him to come up with these great ideas and How did he proved al this theories, in oder words. was he part of more studies besides the ones that he mentioned on the book. Finally, I agree with everything said in this reading and I'd learn a lot from it. 

Customer Interviews No. 3

1. Describe your interviewing strategy.

This time I wanted to interview students and stuff from Uf in order to have their different reactions and points of view. Here are the questions that I did ask. 

Questions: 

1. What do you think about my business idea? 

2. how much are willing to pay for it?

3. would you recommended to someone else? 

2. Conduct the interviews. 

3. Reflect on what you learn. 

What I did learn from this set of interviews was that people is concern about the vegan population. They suggest me to implement a "vegan casserole" with vegan cheese and instead of meet, used tofu or veggies. I think is a great I idea that I should think about it. On the other hand, I am very surprise that customers really loved the idea and are willing to pay much more expected money that I thought. I have in mind to charge for the personal casserole around five and seven dollars and for the big one no more than twelve. It was great to see that customers are willing to pay way more than I'd expected. 

Idea Napkin No.1

Week 6

1. Who you are. I am a Colombian full of dreams girl that is trying to find her inner peace by living life at its fluffiness and taking one step at a time. My business idea for this project was born out of a hobby of mine. I have always find cooking very easy an entertain. It makes me feel relax and want to share special moments with the people I love.

2. What are you offering to customers? I will be offering to customer a simple  casserole dish made from mash potatoes, well seasoned ground beef and lost of cheese. This dish is homemade and fresh. and all that is needed is my kitchen and fresh ingredients.

3. Who are you offering it to? first of all the idea was born since one of my best friends told me that I should sell my homemade food. So, given the circumstances I would offer my product to all my friends, their friends, classmates, and mostly students who don't have time to cook and want something delicious and fresh.

4. Why do they care? They care because they are students and students are always hungry, busy, and looking for homemade food. Students barely have time to cook so are the majority of busy people. It is clear that there are people who cook, but there always would be people who prefer the convenience of having someone who cook for them.

5. What are your core competencies?  No one else that I know, besides I will not be offering a huge menu of frozen food. What I will be offering is a homemade single dish that is fresh because it would be made by request.

I think all I need for this project is time and commitment. The customers are there waiting for me to satisfied them with my food. It is a  time demanding project, I believe that is the main reason I haven't start yet.

Week 5 Reading Reflection

week 5

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 

The biggest surprise I found in this chapter was the part when they mentioned the "Ebay Entrepreneurship" story. It was interesting to read about that since I had no idea that there was a growing market right there in our faces. How people start business at ebay and how the book give us steps in order to follow up the process and understand it. Also, the detail explanation about "why new ventures fail" is was very easy to read and understand. In addition, I think that is very helpful for all of us who want to start a new business. I really love the "In Practice" parts from this chapter. How the authors explain how to face our fears was also very helpful and motivating. 

2) Identify at least one part of the reading that was confusing to you.

Although the reading was enjoyable and easy to read, I was kind of confuse "Product Design Problem" I think the author could have give us more examples. 

3) If you were able to ask two questions to the author, what would you ask? Why?

I would like to ask to the author how would he solve the mistake Bille make in terms of the new venture? and what lesson did he get from it? 

4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?

No, I did not disagree with the author in anything from this chapter. I think all the material is very clear and everything makes perfect sense to me. 

Elevator Pitch No. 1

Week 5

One of the things that I really enjoy is cooking for my friends and surprisingly  they love my food. I made a caserole that I call "Molde" is  made from mash potatoes, ground beef, and lots of cheese. My friends love it and always tell me to make it and sell it. well, I have always heard all of my friends and classmates complaining about their meals and how there is no time to cook and have a good home-made meal and since,  "Molde" is so popular in my social circle I will make it in personal portions and sell it ready to eat or people will also have to opportunity to put it right into their fridge. I would have an online service where people will request their "Molde" and they will get it delivered to their homes, library, or anywhere near campus.