Chapter 1 of Entrepreneurship: Theory, Process, and Practice by Donald F. Kuratko
1. In this chapter, the biggest surprise to me was the advancement of entrepreneurship in the last 15 years in the United States. According to the U.S. Small Business Administration reported that in the last decade, "new business start-ups numbered nearly 600,000 per year" (Kuratko). This surprised me because I had no idea there were so many start-ups happening so recent, especially with the crash of the economy in the 2000's, it makes sense on how things are playing out now in the stock market and economy.
2. The most confusing concept I tried to understand in this chapter was the strategic formulation school of thought. The bullet points consisting of mountain gap strategies, great chef strategies, better widget strategies, and water well strategies. I understood what the strategies are referring to but I do not completely get the value of the formula.
3. Two questions I would ask the author is: What do you think the future of entrepreneurship will hold? Do you think without the help of entrepreneurs, there would be no stability in the economy? Why or why not?
I want to get an insight from an entrepreneur's perspective on what the future might turn out to be like for businesses and of course, entrepreneurs.
4. This reading was all informative and interesting. I agree with Dr. Kuratko's insight and information about his field of speciality, but one myth I do not completely agree with his Myth 6: All Entrepreneurs Need Is Money. Now, I know successful and happy entrepreneurs's goal is not to make millions of dollars, but I do think it is something entrepreneurs need. Money is something everyone needs in order to survive and invest your business in. Yes, the people who work for your company may be at fault for not making the money you deserve, but it is the owner's responsibility to hire people with the same values and goals for the company. But like I said, money is a resource and we all need it. Fact.
Showing posts with label Week 2. Show all posts
Showing posts with label Week 2. Show all posts
Sunday, January 17, 2016
Wednesday, January 13, 2016
Bug List
When it comes to getting annoyed by people or things, I am one to be easily ticked. This list was not hard to make.
1. Every Wednesday, I drive to the UF Dermatology Towers and I am on the highway by 8am. Exit 380 always has a line backed up at least half a mile until you reach the ramp. The reason for this is because it is rush hour! And everyone is trying to make it on time to work.
2. Whenever I hear someone, especially a friend of mine, say the word "retarded"about an object, event, or person. This word really offends me because people use this word loosely and do not understand that there are people listening to them.
3. When a person or friend is dropping you off at home and does not wait for you to enter your house. I am a person all about safety and when a person does not to ensure that you are home safe, that really gets to me mental wise.
4. People who do not clean up after them selves after eating.. and pushing in their chairs. I was always taught to clean up and push in your chair when leaving. When people do not follow this innate rule I was instilled, it bothers me.
5. People who flake. I despise people who do not take a person's time into consideration. The person in the end that looses is the person who went through with the plans, and end up wasting their time when they could have been investing it into something more productive.
6. People who litter. I am the type of person to keep my gum in my mouth until I see a garbage can. The amount of times I have stepped in gum should not be tolerated. Especially since littering does not help in conserving the planet.
7. Bikers who do not obey the rules of the road. I bet some bikers on campus do not even know they have to obey the same traffic rules as motor vehicles do. This upsets me because both the driver and the bicyclist end up suffering, if both parties do not comply with their part.
8. People who share information about you when you told them stuff in confidence. This truly upsets me and saddens me at the same time. Knowing that you trusted a person and they do not respect you enough to keep the information you told them between the two of them, really is a betrayal of trust.
9. Messy rooms when a person invites you over, not only upset me but are really disgusting to be in and look at. This shows to me that the person does not care if you are living in their mess with them and they did not put in the time to clean for you. This really does not bug me as much, but definitely not a quality by husband will have.
10. People with bad hygiene. This annoys me because the person who does not smell so attractive causes the people around them to endure their stench, while they sometimes are not able to smell themselves.
11. Long nails really get under my skin. The reason behind this is because I used to play the violin for a very long time (10 years) and I would always need to have short nails in order to play and hit the notes accurately.
12. On top of long nails, chipped nail polish are atrocious to me. I either have my nails fully done or no coat on them. Just looking at chipped nail polish makes me sad, because someone spent there time painting them, and having the nail color on too long is a signal of a nail polish chipping away.. so its time to remove it!
13. People who are in the middle of ordering food and are on their phone at the same time. I currently work at a restaurant where you pick and choose what types of veggies you want in your meal and there is always that customer of the day that will be texting or checking their e-mail as they are struggling to order. This delays both their time and my time to place their order and to get them their food in a timely fashion.
14. People who own dogs and do not clean up after them while on a walk. In the state of Florida, this action is considered a public nuisance. Not only is it against the law, but it is not fair to other dog owners who clean up after their dogs while other owners do not own up to the responsibilities of having a dog.
15. People who make fun of their friends to or behind them constantly. This really bugs me, because this can mess with a person's self-image and confidence about themselves. No one deserves to be treated that way by their so called friends. Just not right.
16. People (and room mates) who do not turn off lights. Really bugs me because this shows how inconsiderate the person is being and shows if they have ever paid an electricity bill in their life before. When you leave a room, turn the lights off. So simple. Green gators are the best.
17. People who hog/do not share machines at the gym. Again, you can tell I do not like people who are very inconsiderate of time and other people. This is inefficiency and unproductive for the person waiting to use the machine and the person on the phone.
18. Again back to the gym.. and this is in regards to people who do not clean their machines after sweating on them. This is just straight up gross. Would you like to run on a machine with another person's sweat on it as well? This leads to ringworm.
19. People who do not pay back. If someone lends you money, pay them back. This bugs me because the person who did you this favor is now suffering from helping you out when you needed them. Thank god for Venmo.
20. Last but not least, people (especially Floridians) who do not use their signals when switching lanes or turning into a lot. This helps the driver driving behind you know to slow down or stop while to execute a slow and safe turn. The signals are right next to the steering wheel.. use it!
Reflection: Finding stuff that bugs me was not hard. I just had to think of what I would not like done to me and stuff I did not enjoy. Although I have plenty of things that bother me, I know how to control myself in specific situations. I do have to work on just letting things go and never bringing them up with friends, but with randoms I can play it off pretty smoothly.
1. Every Wednesday, I drive to the UF Dermatology Towers and I am on the highway by 8am. Exit 380 always has a line backed up at least half a mile until you reach the ramp. The reason for this is because it is rush hour! And everyone is trying to make it on time to work.
2. Whenever I hear someone, especially a friend of mine, say the word "retarded"about an object, event, or person. This word really offends me because people use this word loosely and do not understand that there are people listening to them.
3. When a person or friend is dropping you off at home and does not wait for you to enter your house. I am a person all about safety and when a person does not to ensure that you are home safe, that really gets to me mental wise.
4. People who do not clean up after them selves after eating.. and pushing in their chairs. I was always taught to clean up and push in your chair when leaving. When people do not follow this innate rule I was instilled, it bothers me.
5. People who flake. I despise people who do not take a person's time into consideration. The person in the end that looses is the person who went through with the plans, and end up wasting their time when they could have been investing it into something more productive.
6. People who litter. I am the type of person to keep my gum in my mouth until I see a garbage can. The amount of times I have stepped in gum should not be tolerated. Especially since littering does not help in conserving the planet.
7. Bikers who do not obey the rules of the road. I bet some bikers on campus do not even know they have to obey the same traffic rules as motor vehicles do. This upsets me because both the driver and the bicyclist end up suffering, if both parties do not comply with their part.
8. People who share information about you when you told them stuff in confidence. This truly upsets me and saddens me at the same time. Knowing that you trusted a person and they do not respect you enough to keep the information you told them between the two of them, really is a betrayal of trust.
9. Messy rooms when a person invites you over, not only upset me but are really disgusting to be in and look at. This shows to me that the person does not care if you are living in their mess with them and they did not put in the time to clean for you. This really does not bug me as much, but definitely not a quality by husband will have.
10. People with bad hygiene. This annoys me because the person who does not smell so attractive causes the people around them to endure their stench, while they sometimes are not able to smell themselves.
11. Long nails really get under my skin. The reason behind this is because I used to play the violin for a very long time (10 years) and I would always need to have short nails in order to play and hit the notes accurately.
12. On top of long nails, chipped nail polish are atrocious to me. I either have my nails fully done or no coat on them. Just looking at chipped nail polish makes me sad, because someone spent there time painting them, and having the nail color on too long is a signal of a nail polish chipping away.. so its time to remove it!
13. People who are in the middle of ordering food and are on their phone at the same time. I currently work at a restaurant where you pick and choose what types of veggies you want in your meal and there is always that customer of the day that will be texting or checking their e-mail as they are struggling to order. This delays both their time and my time to place their order and to get them their food in a timely fashion.
14. People who own dogs and do not clean up after them while on a walk. In the state of Florida, this action is considered a public nuisance. Not only is it against the law, but it is not fair to other dog owners who clean up after their dogs while other owners do not own up to the responsibilities of having a dog.
15. People who make fun of their friends to or behind them constantly. This really bugs me, because this can mess with a person's self-image and confidence about themselves. No one deserves to be treated that way by their so called friends. Just not right.
16. People (and room mates) who do not turn off lights. Really bugs me because this shows how inconsiderate the person is being and shows if they have ever paid an electricity bill in their life before. When you leave a room, turn the lights off. So simple. Green gators are the best.
17. People who hog/do not share machines at the gym. Again, you can tell I do not like people who are very inconsiderate of time and other people. This is inefficiency and unproductive for the person waiting to use the machine and the person on the phone.
18. Again back to the gym.. and this is in regards to people who do not clean their machines after sweating on them. This is just straight up gross. Would you like to run on a machine with another person's sweat on it as well? This leads to ringworm.
19. People who do not pay back. If someone lends you money, pay them back. This bugs me because the person who did you this favor is now suffering from helping you out when you needed them. Thank god for Venmo.
20. Last but not least, people (especially Floridians) who do not use their signals when switching lanes or turning into a lot. This helps the driver driving behind you know to slow down or stop while to execute a slow and safe turn. The signals are right next to the steering wheel.. use it!
Reflection: Finding stuff that bugs me was not hard. I just had to think of what I would not like done to me and stuff I did not enjoy. Although I have plenty of things that bother me, I know how to control myself in specific situations. I do have to work on just letting things go and never bringing them up with friends, but with randoms I can play it off pretty smoothly.
Monday, January 11, 2016
My Entrepreneurship Story
I have had quite the interesting experiences with some entrepreneurs I have encountered here at the University of Florida. I never knew so many students at such a young age would have such wild and big dreams. One entrepreneur that has always stuck in my brain was the inventor of Cocovana, Sheldon Barrett.
I met Sheldon at an Entrepreneur Club meeting Spring semester of 2015. The President of the club, David Nassau, was a guy with a lot of connections and he had invited me to check out the event. The event involved a "pitch" competition and his stood out to me.. and won first place. His product was a coconut opener designed to safely core out the middle of the coconut to dispense coconut water for people traveling or just simply having one. The tool also works well for other fruits. He recently just earned a patent for his idea and his website is under construction but here is the website: http://www.cocovana.com/ .
His pitch was well prepared, very captivating, and engaging. But most of all, it was understanding and he showed his "coconut" twist in action. His pitch definitely sold me.
As a back story on why I am enrolled in ENT3003 is because I am minoring in Innovation. A part of wanting this minor, I must take classes that involve creativity and entrepreneurship! So far, I have loved all my classes, especially working in teams and being able to be hands on to create a final product to showcase. I hope out of this class, I gain more insight of why entrepreneurs do what they do and how they do it. Most people could not live the lives of entrepreneurs and we must give them credit where it is due.
I met Sheldon at an Entrepreneur Club meeting Spring semester of 2015. The President of the club, David Nassau, was a guy with a lot of connections and he had invited me to check out the event. The event involved a "pitch" competition and his stood out to me.. and won first place. His product was a coconut opener designed to safely core out the middle of the coconut to dispense coconut water for people traveling or just simply having one. The tool also works well for other fruits. He recently just earned a patent for his idea and his website is under construction but here is the website: http://www.cocovana.com/ .
His pitch was well prepared, very captivating, and engaging. But most of all, it was understanding and he showed his "coconut" twist in action. His pitch definitely sold me.
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| Sheldon Barret at a Pitch Competition. |
Introduction: Who Am I?
Born and raised in Miami, FL, I am the daughter of two hard working parents. My Jewish father, Robert, was born in New York and moved to Miami when he was a teenager. My mother, Luz, was born in Colombia and moved to the states in her early 20's. A year and a half after I was born, my little brother Allan was born and has attended the same educational institution as I have. My family and my friends mean a lot to me.
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| My family on my graduation from MAST Academy. |
I am currently majoring in Biology with a minor in Innovation. I am in the Innovation Academy Program now at UF and I am so happy to be a part of it. I have been playing the violin since I was 8 years old and music is my number one passion. I do not play as much as I used to, but I try to fit in as much as I can. In high school, I also played water polo and volleyball. I would not consider myself a fitness freak, but I do like to maintain my body at a healthy weight.
If you were to meet me and peep at my schedule, you would say I was your average pre-med student. I have always been involved on and off campus. I serve as an Ambassador for the Innovation Academy and am one of the Assistant Directors for the Innovation Academy Cabinet in Student Government. I am also a volunteer at Shands in the Dermatology Department for this semester and plan to stay in the department because I plan to go to medical school to be a Dermatologist.
One last club I am involved with is Gators for Doctors Without Borders. I have not traveled outside of the country, but I will this Spring Break to Guatemala with my wonderful club on a medical trip. I have road trip throughout Florida and visited a beautiful spring called Three Sisters Spring. Here I am on a paddle board!
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| Three Sisters Spring in Crystal River, FL |
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