Friday, April 19, 2019

30A - Final Reflection

This class to say the least, was not an easy A. While I appreciate that it had my gears turning, a lot of work was put into this semester. I had a love hate with working on the same idea for the entire semester. I liked that I was able to grow my idea from the bottom up but I wished we could have done more at the same time. Although I'm pretty sure that my idea could honestly become something I could invest in later in life. I think this class taught me a lot about business and entrepreneurship. The things we were asked to do were such minimal tasks but they were all building into a full course plan on how to become an entrepreneur. Though I felt some assignments were repetitive, I see their significance. Building on a plan to make it as great as can be is important when trying to make a change. You plan and you plan until every tweak possible has been done. For future students, I would advise working on assignments sooner than later because some are a bit time consuming. I would also recommend to attend the workshops and really put effort into doing well in the class.



My venture idea was simply a TV that has a "find your remote" button attached to the side. It will look no different from other TV's but will complete stand out to buyers when seeing the 1 feature that no other TV provider has.




Friday, April 12, 2019

28A-Your exit strategy

1. If I were to go through the trouble of building this huge empire for myself, I would never want an outsider to steal all my credit. So for this reason I would give my company to my family if something were to happen to me. I believe family is super important and being able to pass down something I started for my family to finish would mean so much to me and my business.

2. I chose family because family knows best. I would always expect quality over quantity and I fear if I pass down my company to some money hungry thieves, my company would have a terrible reputation. 

3. I want my business to be family ran and owned. If I were to build this empire, I would ask no one but my close friends and family to help me out because I know at the end of the day, they can be trusted. From the beginning, it was about family and it will stay that way till the end of time.

26A- Celebrating Failure

  
1. Statistics has been abnormally hard for me this semester. I have always hated stats since I took AP stats in my Junior year of High school and I thought once it was over I'd never have to look back. This year I switched my major and realized I had to take stats again and I thought it would be a lot easier because of prior knowledge. Turns out, trying to remember something I barely learned 4 years ago would be a lot harder to apply into this semester was a lot harder than I thought it would be. Exam 1 came around and I was up for a solid 3 days long trying to teach myself all the material. I went into the exam super confident that I was going to be holding a big W afterwards. Long story short I got a 35% on my exam. I was probably a lot more dramatic than I should've been but no one saw my face for a whole week. I have a mini fridge and a full equipped bathroom I had no  business showing my failure of a face around that week. After that, I decided I would not wait till last minute to study for a stats exam ever again. Guess what I did tho? Waited last minute AS HELL. Long story short, with through another 4 days of no sleep to cram and failed YET AGAIN. Idk if I even needed to say this but I 100% withdrew from that class. 

2. So I'm going to have to retake stats again over summer and I am going into it completely ready to show my teacher I am better than spring semester. Now that I kind of know the material, I am fully capable of passing the class.... next semester that is. I will start studying weeks in advance and not wait last minute to teach myself a whole unit's worth of material. 

3. Failing is difficult, especially a class. But i am thankful I am allowed to retake the class instead of accepting failure.