30A – Final Reflection

1) Read through your posts from this semester. Recall all of the experiences you've had a long the way -- the highs, the lows -- the fun moments, and the moments of drudgery, and even the moments of dread.

I feel like the drudgery crept in towards the end with finals and projects the class became less enjoyable. I also robbed myself of an A ending at a 89.63 so that happened. Overall this class was a lot of fun and taught me the steps of developing a business. In the fall I'm gonna launch my photography business and will definitely carry the lessons from this class into it.  

2) What sticks out to you as the most formative experience? The experience that you'll remember years later? What was your most joyous experience? What experience are you most proud of yourself for accomplishing?

The readings were definitely insightful and I'd never have encountered these type of books outside of class. I also enjoyed the peer reviews and the different ideas I got to see. I feel like I know the people I reviewed even though I never met them.

3) At the beginning of the semester, I mentioned that I wanted each of you to develop an entrepreneurial mindset. Now, at the end, do you see yourself as an entrepreneur? Do you think you have moved closer to developing an entrepreneurial mindset?

Absolutely! I took this class and Creativity in Action at the same time and this helped shape our product. Actually I ended up in a group with another student in this class. Small world right? I think I realized how important capital and showman ship is in a business. You have to add value to other peoples lives.

4) What is the one recommendation you would make to the students who are going to journey down this path in the future? What would you recommend they do to perform best in this course? What would you recommend they do to foster that mindset?

Do every assignment or you wont succeed. Keep an open mind and space out the work. Work on your writing and express your creativity. Treat this class like an actual business and come up with a good initial idea.

Venture Concept No. 2

1) Opportunity: The market stems from restaurants and other food delivery services not accommodating dietary restrictions of groups including vegans and muslims. Geographically this means mostly in the United States but for the purposes of a small startup I'd have to say Florida. Currently customers have to go to multiple grocery stores to acquire special ingredients and are very limited in options when eating out. I'd say that the only limits of this ideas reach is the number of people in the demographic. However these are fairly big groups and so the market is far reaching as it is wide. The window won't be open for to much longer as similar services and cultural shifts will inevitably lead to someone starting this very same business.

Innovation: The concept is pretty basic. In essence it's a website or app you can go on, fill out a survey based on dietary needs, and have ingredients plus recipes delivered right to your door. Most likely it would be a subscription based service and for one person I'd say it be around $80 a week for 2 meals a day. We'd like to eventually expand out and supply ingredients to local restaurants as well.

Venture Concept: The reason this service works so well is because we live in an age filled with diverse ideologies and people are becoming super picky about what they consume. The food industry is failing to adapt to this because the initial cost to make that shift would be to hard. The service also brings the convenience of online shopping to food. Because of this they leave an unfilled gap in the market. That is why people will use the product. It's convenient, personal, and gives them access to something they never had before. The competitions would be other food delivery services as they are the closest thing to what I'm offering. However, they are often expensive and offer everyone the same options. The business would be organized in the following way. Customer orders on website. Suppliers ship ingredients to centralized warehouse. Parcels are made based on customer needs and shipped out to customer. We'd need a at least 6 employees working minimum wage in the early stages.

2) I only got one response on the last venture concept and it was overwhelmingly positive. Offering meals based off health over weight loss was a positive.

3) Other then changing a few details the revisions is relatively the same. I also revised the price and some of the numbers.