Showing posts with label WEEK 8. Show all posts
Showing posts with label WEEK 8. Show all posts

Sunday, February 28, 2016

Week 8 Reading Reflection

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 suppose while reading chapter 8, was the way certain business capitalize on certain products that they sell to consumers.
2) Identify at least one part of the reading that was confusing to you.
Due to not having any back ground in capitalism, most of the information read wasn't something I knew or understand.
3) If you were able to ask two questions to the author, what would you ask? Why?
Two questions I'd ask the author is what truly motivates one to even start a business?How do they capitalize?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How? There was nothing I disagreed on

The Twenty Percent


As of yesterday, I have spent my spring break here in a small town located in North Carolina. Next door, there is a middle aged women whose created a business of her own in which she rents out cabins to people interested in renting them out during the season. Inside her main office cabin, she also sells her homemade soaps, jellies, and lotions. Due to the location, her target customers are those that hike, ski, those that browse airbnb and those that want an escape and decide staying a few days in the middle of nowhere in the mountains is exactly what the needed. She finds her customers online because apparently the river that passes by her cabins has healing powers. She also finds the majority of them via Airbnb. Most come from south florida that are looking to see snow , and college students who drive up from their school for ski socials. The three targeted customers all came up to the mountains for the same reason. They wanted to bring their families to a place where there isn't much things going on and poor cell service that allows them to actually have sincere boding time. Being here is their way to escape the real world. With all the feedback I received, I can say that the entrepreneur does indeed know her customers needs and meet those needs .

Half-way Reflection



During my time in this course, I have developed several behavior that allowed me to succeed in this course. I've developed the skill to multitask and be able to organize my planner in a way that allowed to be able to know when to turn in assignments as well as turn them on time. In this course, I also became more confident at approaching random strangers on the street. 
There has been two occasions in which I almost gave up on doing an assignment for this course. I had an hour to turn in 5 video recordings of strangers giving their opinion on my business plan. Due to being sick, I wasn't in the greatest mood of talking to anyone. With great friends by my side, I was able to turn in my assignment . The following assignment also wanted a video recording but this time it was with me . Sick in bed, I decided to get up and stand by the wall and start recording 20 minutes before the deadline. Although it wasn't the greatest quality, I still turned in the assignment and received credit for it. With that being said, I can agree that I have developed a tenacious attitude during the last two months. 
Three tips I would give a student taking this course next semester are:
- Don't give up when you have to video strangers. They aren't as intimidating as you think they are.
- Plan ahead, download your videos atlas 30 minutes before the due time
- Although an easy class, be sure to be on top of your assignments, and remember this class isn't trying to fail you