Friday, September 28, 2018

9A Testing the Hypothesis Part 2

The people I interviewed in terms of their need for hurricane relief lives in the same area as many others that were affected by the storm but didn't need the aid. Upon further questioning some of them were not interested in my middle man aid relief due to the fact that they were prepared for the storms and had no need for further resources.  Three of the five lived within two hours of the affected storm areas and were able to go out to their houses in order to prepare them for the impending storms. The other two lived father away but their properties were not of concern to them as far as preparation for the storm. In the specific area I have seen first hand some residents use this as their second house and live local while others live hours away and struggled to get their properties ready for  the storm.  The basic need for my services would be the people unable to reach the outside relief or are too far away to get it.

Another idea I have come across while conducting the interviews would be remote services for the people who are too far away from their homes to make the trip to prepare for a storm. Simple tasks as moving chair and such to shelter and tying up boat lifts are easy tasks to be done that can save a person thousands in damages post hurricane. Another could be a boat pickup and haul away service such as pulling them to higher ground or a different location in the canals.

The big definer in my customer base would be the distance from their main residence to the area affected by the storms. People farther away are more likely to contract me for services as they are unable to reach their homes in times of chaos. But the closer residents can still be served by my ideas by bringing supplies and relief to those while working on storm cleanup and repairs.

So I have learned through my interviews that there is a boundary to my original ideas. The storm aid and information relations is really only valuable to people close to and directly affected by any storms. The people that live further away with secondary houses that are affected by the storms can be reached by my other ideas such as the house prep or boat services.

Inside the boundary.                                                      Outside the boundary.

Local and peoples whose main houses are affected.     People who live further from the storm.

Delivery of aid and resources.                                       Not as much the aids but supplies could still be                                                                                                           .                                                                                       useful.

In times of post storm chaos every bit of help and        They can bring aid from the outside and wouldn't    .                                                                                       need me.
relief does in fact make a difference, it is a rough
time for everyone.

Friday, September 21, 2018

8A Solving the Problem

My opportunity would be pre staging and pre planning aid for residents in areas potentially affected by hurricanes much like the Red Cross but my service would be quicker. The main grief about the previous systems in place is that they are slow and it takes a while after the storm has past in order to get relief to those that need it. Granted there are safety constraints in mind but if you plan ahead enough these can be easily accounted for.  I plan to sell the vital supplies to customers in hurricane affected areas with speed and coverage better than any other. People both before and after hurricanes are willing to pay for safety so if we can provide that and still keep our morals without  being price gouging or terrible humans there is opportunity to cash in. Before the storm bringing in wood and sand bags for prep and generators and such all before the storm even hits from outside areas for re sale and after the storm bottle dealer and warm food would be good sellers to those affected by the storm.

7A Testing the Hypothesis
 Providing Hurricane aid to the victims and awareness in the communities potentially affected by hurricanes are great problems and opportunities for entrepreneurs.
Who: People potentially affected by hurricanes and the people that are affected afterwards
What: Distribution of aid to hurricane victims and knowledge of storms to residents
Why: Natural Disasters create times of panic in everyone and are very stressful and difficult to get ahold of people.

In a post hurricane situation there are in fact different levels of need by the residents, in general some have lost it all and some may have only some debris in their yard but are all looking for help. A way to speed up the distribution of both aid and knowledge to residents in an affected area would be a great help. Many people become frustrated in these situations purely out of lack of communication and planning in these terrible situations.

Due to me doing some previous research on this topic and just growing up in Florida I am pretty familiar with the all too common topic of hurricanes.  I chose to speak to three different types of people for my interviews and found very similar results from each type of group. Group one was younger, college age maybe a little older students, group two was middle age people with families and group three was older retired people. The youngest of the groups hadn't lived through any hurricanes as adults and don't really know all that goes into preparing a family to ride out a natural disaster. they were supportive of my ideas of rapid aid and planning ahead but didn't have the real world knowledge of who exactly needed it and how to go about it. The middle age people were much more help in terms or learning about the situations as they had lived through multiple storms as adults, both with and without kids. They said that it was a very stressful time in their lives and one of the hardest things they had to go through. One person I talked to had actually lost his shed in a hurricane and knows the headache of dealing with the iAd and relief programs.They really liked the idea of better communication from government to the people in a community and that having aid pre staged in relief areas would lessen the burden of bringing all of the aid in after the fact rather than preparing a little more ahead of time. And the older people were a bit more skeptical of my ideas, they liked to shoot holes through my plans much as if "back in their day" they didn't need it then why do we need it now. I tired to explain to them that things are much different now and that people as a whole are nowhere near as resourceful as they were and a frankly don't stand a chance. By the ned of my talk with them they came around and were in fact in support of my ideas saying that they were solutions to complaints that they could see having.


I now know that my opportunity is still ij fact there and that I can even branch off of my opportunity depending on the age group and relief that I depend on targeting. Based on a persons age I can narrow in The Who to find out what they are really looking for.

Friday, September 14, 2018

6A Opportunities in Economic and Regulatory Trends

One economic opportunity I found was the opportunity to increase the activity of transactions between independent business markets.i found this opportunity on prnewswire.com and with their given data and a little further research the opportunity is most certainly there if you can create a business or service to help in the independent business markets. To cater to the independent firms would allow you to gain the market and customer to allow them to sell their firm or gain help from other firms in the industry. With a simple way to bridge the gap between customers you could capitalize on the fact that "67 percent of the business transactions occur within only 16 percent of the market". (PR Newswire 2018) To me that sounds like good margins for expansion in the industry. I found this opportunity through a little research in  economic expansions, while it wasn't difficult to find I think others wouldn't like this idea because it sounds almost too easy. With some work and the right idea this is easily doable and a lucrative business venture.
https://www.prnewswire.com/news-releases/report-identifies-industries-ripe-for-small-business-succession-to-support-job-retention-economic-opportunities-for-women-and-communities-of-color-300710742.html

Another opportunity I found was on the New York times website in the article entitled "Even in Better Times, Some Americans Seem Farther Behind. Here's Why." Studies listed in this article show gaps in the incomes and net worths of college students based on race. There is a serious gap between the income of a white college graduate and the income of a hispanic or black graduate and over the last few years the gap has began to grow. A good opportunity would be to find a way to bridge this gap, form a program to help blacks and hispanics get those higher paying jobs in order to keep up with the income and net worths of their white co workers. Blacks and Hispanics are in great need of something to help equal the score in the wage difference game and anything would help. This opportunity is easy to exploit because their isn't much out there right now. I saw the need after some research and with my previous research with differences in the workplace and economy I had seen the need before when looking at the statistics. Not everyone has seen it because many more are focused on the male vs female indifference not the one between races.
https://www.nytimes.com/2018/09/14/business/economy/income-inequality.html

 One more regulatory change that I found was inside of Tesla. I learned about the changes inside of Tesla through the New York Times Article entitled, "Tesla needs to Build Investor Trust. The Exit of its Accountant Wont Help."  Tesla is definitely a very large and popular company and with the way the market is suggesting the move towards electric cars and sustainability it would be a smart decision to invest or get involved in a company that is leading the way. Anyone with the will power or financial means can get involved in order to boost the Tesla stocks and the business as a whole. The company may be a little difficult to exploit as some serious connections or capital are needed to make. big dent but if you were able the invest anything the returns are almost guaranteed. I saw the opportunity through the fact that when a company is down with a promise to return, that is the time to invest or get involved. The shares would be cheaper in the hard times and if you have the patience and confidence at the time you can win big. Most people don't have the confidence in a business so they are scared to invest that money or help that company but the brave ones get the rewards.  I see the possibility for opportunity  that is at hadn't that others may not electric is the future and now is the time to et involved.
https://www.nytimes.com/2018/09/09/business/dealbook/tesla-investors.html?rref=collection%2Ftimestopic%2FFinancial%20Legal%2FRegulatory&action=click&contentCollection=timestopics&region=stream&module=stream_unit&version=latest&contentPlacement=5&pgtype=collection



Another regulatory change I found was the government cracking down on spoofing in the stock market. It is a common problem thee days in the stock market I learned about through reading an article in the New York Times entitled "The Governments New Strategy to Crack Down on Spoofing". If a way is found to alter the marketbut within the current regulations there is great opportunity to do well in the stock market. As spoofing is a way to bid on something with every intention of not going through with the deal. The futures market is often impacted by the spoofing so a way to get ahead can make your enterprise very promising.  Anyone currently in the stock market is always interested in a way to get ahead. it would indeed be difficult to find a way as many others are always login for the same niche or hot idea you are. This idea may be hard to exploit the more I think about it but if you were able to figure something out you would have it made. I saw the opportunity as a way to capitalize on a negative, if someone says you cant do this, you gotta find another way around it, something that has both helped me and hurt me in life. Sometimes for the better sometimes for the worse. I guess others could come in on my idea but not many have the drive and patience to keep working to find a solution.
https://www.nytimes.com/2018/09/04/business/dealbook/government-strategy-crack-down-on-spoofing.html?rref=collection%2Ftimestopic%2FFinancial%20Legal%2FRegulatory&action=click&contentCollection=timestopics&region=stream&module=stream_unit&version=latest&contentPlacement=9&pgtype=collection

5A Identifying Local Opportunites

Opportunity #1

  1. Cedar Key holds coastal cleanup event Saturday
  2. https://infoweb-newsbank-com.lp.hscl.ufl.edu/apps/news/document-view?p=WORLDNEWS&t=pubname%3AGSGB%21Gainesville%2BSun%252C%2BThe%2B%2528FL%2529/year%3A2018%212018/mody%3A0912%21September%2B12&f=advanced&action=browse&format=text&docref=news/16E6DD381DB83EF0
  3. In this article it briefly talks about a trash cleanup up event being held in Cedar Key in order to remove trash from the local shorelines both by foot and by kayak/boat. It gives details of what volunteers should expect and wear in order to help in the volunteer trans pickup. 
  4. In this story we are made aware of the trash problem and how difficult it is in order to remove the trash from the environment. Also they talk about the expanse of  the area to be cleaned up, the only reward the volunteers receive is exploring the museum and St. Clair  Whitman house free of charge. 
  5. In order to get a better turn out and do more good for the environment, I think that if you made the trash clean up event into a family friendly fun day in the town of Cedar Key with local businesses and vendors involved would not only benefit the environment but the local economy  as well. The entire town and the environment has the problem of the trash in the water and shorelines, drawing the economy down and harming wildlife. 
Opportunity #2
  1. Gators in-progress OL to start same five
  2. https://infoweb-newsbank-com.lp.hscl.ufl.edu/apps/news/document-view?p=WORLDNEWS&t=pubname%3AGSGB%21Gainesville%2BSun%252C%2BThe%2B%2528FL%2529/year%3A2018%212018/mody%3A0912%21September%2B12&f=advanced&action=browse&format=text&docref=news/16E6DD37D606E2B0
  3. In this story, they talk about the current plans for the UF football team moving forward from the loss at home against Kentucky. It is mentioned that many people are questioning the choice of leaving the same starters but the players need to learn it, live it and do it in order to be the best that they can be. 
  4. The problem within the story is that the football team is young and inexperienced without many players returning from last year and a lack of leadership. The article also mentions that Coach Dan Mullens says that consistent work ethic appears the be a struggle as well. 
  5. The problem exists within the Football team offensive line and the coaching staff. Without a properly functioning offensive line it makes it hard for everyone else on the football team t do their job and makes the look bad. 
Opportunity #3
  1. Bob's River Place applying for permits in dispute with water district
  2. https://infoweb-newsbank-com.lp.hscl.ufl.edu/apps/news/document-view?p=WORLDNEWS&t=pubname%3AGSGB%21Gainesville%2BSun%252C%2BThe%2B%2528FL%2529/year%3A2018%212018/mody%3A0911%21September%2B11&f=advanced&action=browse&format=text&docref=news/16E6896423AC4360
  3. In this article, they talk about what Bobs River Place is about and what they do, it is a local hangout spot on the Suwannee river where they have rope swings and water slides. It is a very popular spot on the river and has run into a little trouble with the water management district in regards to their structures in the water and their permits to operate commercially.
  4. The problem in the story is that Bobs river place has submitted all of the necessary paper work according to the own er to be able to run his business on the river but not everything had been documented properly and the time for all the permits to clear is taking longer than expected. 
  5. The problem exists for Bob the owner of Bob river place as he lacks the necessary permits to operate his river place legally in the sate of Florida. He doesn't have the proper permits to charge people money to park and also doesn't have the proper permits on his floatings docks and structure in the water. The structures in the water have to be cleared through the water management district in order to ensure that they are not obstructing the flow of the river an its animals. 
Opportunity #4
  1. City to explore open-container law for UF game days.
  2. https://infoweb-newsbank-com.lp.hscl.ufl.edu/apps/news/document-view?p=WORLDNEWS&t=pubname%3AGSGB%21Gainesville%2BSun%252C%2BThe%2B%2528FL%2529/year%3A2018%212018/mody%3A0908%21September%2B08&f=advanced&action=browse&format=text&docref=news/16E59E110BCB4980
  3. This article talks about the City of Gainesville and the University of Florida looking into altering the open container laws around the university to eliminate some of the gray areas as to where university and city property meet. Also there was talk of soft closing times of the bars around the campus. A soft closing idea would lessen the great mass of people pouring out of the bars at 2am and lead to less altercations and strain on police officials. With these changes there are other changes around the community that ned to be looked into as well like transportation and police presence. 
  4. The problem in the story is the current open container laws around campus on game days and the fact that you can't have your drink out when passing from tailgate to tailgate without potentially getting in trouble. Additionally there is another question of whether or not the bars should implement a soft closing time to allow a greater time for people to leave the bars rather that a Great Wall of drunk people leaving at once. 
  5. The problem lies within multiple places, the police might further burdened by all the extra alcohol that will be consumed on game day if you can have it out and about wherever. The potential for more arrests and altercations on game day is definitely there. The bar owners also have problem as they could make more money if the bars were allowed to be open a little later and the drunker people are probably willing to spend more money. The problems arise for both parties in the potential new changes. 
Opportunity #5
  1. Remembering Irma: A year ago Tuesday, the hurricane hit
  2. https://infoweb-newsbank-com.lp.hscl.ufl.edu/apps/news/document-view?p=WORLDNEWS&t=pubname%3AOSBB%21Ocala%2BStar-Banner%2B%2528FL%2529/year%3A2018%212018/mody%3A0910%21September%2B10&f=advanced&action=browse&format=text&docref=news/16E637418CC19830
  3. This story re caps the tragic event that evoked havoc on our state, hurricane irma. We were lucky enough not to receive the full but of the storm but we did experience power outages and lots of standing water. It goes on to say that if the storm were to have come on shore at cedar key or yankee town the damage in Marion and Alachua counties would have been like the destruction similar to that of Hurricane Charley.
  4. The problem presented in the story is how to deal with hurricane aftermath and the problems presented afterwards, hurricanes are a huge event for an area and leads to times of high stress levels.
  5. The problem is evident to everyone in an area affected by a great storm, everyone becomes equal when you have nothing. The key to doing well in a storm is preparation and safety, yeah the situation sucks but if you are prepared and safe and dry it sucks a whole lot less.




























Friday, September 7, 2018

4A Forming an Oppurtunity Belief

1)  I think that there is an opportunity to help bring college kids together. The first semester for many kids is rough and a lot of changes happen at once. Whether is be the first time living and cooking on your own, or moving away from friends or family it is altogether a rough and stressful time in a persons life. Now I know there are counseling and clubs and such to help with this but I don't think those always work.  My idea was a sort of social event to help bring students together to converse and not have to worry about class or anything else just for that little bit of time just to help take their mind off of things.

2) The unmet need is a social group for college kids, there is only so much social media and your phone can do to keep you occupied and happy but when you turn the screen off there is something missing from you. Many college kids face struggles in their first few semesters and a social group would help combat these negative feelings. This need has always been around in college students but these days we are better able to see it. There are some clubs and counseling sessions to combat these problems but they are awkward and often ineffective.  I am 100% sure that this problem does exist in college students today.

3) The prototypical customer would be the average college student just beginning his or her collegiate career. First few semesters away from home and they just need that extra bit of social time to get them out and about and away from their apartment.

4)Customer 1,  He is a college  kid in his  first semester away from home. He said that he wasn't aware of his need at first but once I brought up the topic he realized the need. He often felt homesick or just the need to talk to someone a few times a week and really liked the idea of my social group. He was interested in a meeting or event once or twice a week to get out of the house. At the moment he wasn't addressing the need very much just a few phone calls home and he felt alright but it wasn't quite the same as good person to person interaction.

5)This opportunity does have the possibility to positively impact life around campus and help not only the student themselves but their grades as well.
 
Customer #2
Parent of a college student just beginning their career at the University of Florida.  When asking this parent she saw that her son was a little different both on the phone and when he came home to see them on the weekends. She would ask what was wrong but got no response from the student as it was hard for them to reach out.  She liked the idea of a low pressure social group for like minded and situational college students and thought that it would really help her son. She said that if something didn't change with her son that it might negatively affect his performance in school this semester. When she was in school she saw how rough it was and wishes that there was something back then.
This interview showed me that the older generation that has lived through it all sees the end for something like this and that is is indeed a good and realistic idea.


Customer #3
Another college student in his second semester at the University of Florida. When asking him about my idea of a social group on paper he initially liked the idea but brought to my attention that it might not be the cool thing to do and would be hard to get students to actually show up. I see that as a valid point but thought of ways to get around it. He said he thinks his friends would go to an event if you made it cool and a  very low pressure environment to mingle and talk to other students having the same issues. IF it were to work he thought that it would greatly help students who were feeling said or homesick.
I agree with him after some more thought the idea sounds really good on paper but many kids would feel too cool to go to the event or if the vent was lame. IF you could get over that fact the students would greatly help themselves and many others.

7)There is still a good bit of my original opportunity available to be had but  as my customer 3 made me aware of the lack of cool factor of such event a d opportunity that I had. With a way to make the event cool great help and joy could be spread across the campus. My new opportunity will bette cater to the real and normal college student now that I have more points of view and experience. Entrepreneurs should always take into consideration what the consumers and customers have to say because at the end of the day they are who the entrepreneur is trying to please or gain business from. Without s happy customer you have no business. Entrepreneurs should be semi-flexible in their opportunities in order to account for customer desires.















3A My Entrepreneurship Story

For me my entrepreneurship story started a few years ago when my passion for modifying my truck began. I wanted all the cool modifications to be done to my truck but since I was a teen with no real job I couldn't afford it all to be done by a shop or others. So I learned how to do it all myself and my friends caught on. They saw that I could do the cool stuff they wanted like speaker installs, paintwork or custom enclosures and soon I had a little side gig. I realized what I had here and soon turned it into a little business, id do some work for my friends and they would tell their friends, the money I made doing that I would roll back into my truck for cool stuff to further promote my business and keep one-upping everyone.  I used what little business skills I had to pay for my modifications to my truck but also to make new friends and help out buddies too. 

I enrolled in ENT3003 to just sample the official and textual side of entrepreneurship, everyone has their own idea of what entrepreneurship is and I just want to learn more about it as a whole. I hope to learn about different ways of entrepreneurship and how I can apply it to my life. 



Below is one of the custom speaker boxes I built for a buddy.

2A Bug List


1. People in Gainesville drive like idiots.
    Why: Gainesville is a very busy and congested area filled with impatient people and lots of college students who are usually distracted or not paying attention.

2. My wifi likes to cut out at random times in the day requiring me to restart it. 
    Why: Only reason I can think of is that there is either a loose connection somewhere or that the bandwidth of the internet is used up during the day and causes me to be kicked off.

3. My phone doesn't work around campus on game days.
    Why: So many people come to such a small area that the cell towers get overloaded and the cellular connection simply can't keep up. 

4.People don't use their turn signals in traffic.
   Why: People either forget or think they don't need to tell anyone what they are doing and that they own the road. 

5. When amazon says your package is supposed to be delivered today but it takes an extra day. 
    Why: A simple miscommunication or deny in the sipping process can easily make a package miss its stop. 

6.When people hound you for not answering your phone when they call but never answer when you call them.
   Why: Sometimes people may be genuinely busy but they don't realize that you may be busy as well.

7.People that don't hold the door for others or pick something up for people.
   Why: People sometimes truly don't see a person needing help but some people are just rude and don't feel its necessary to help others. 

8. People being hung up on little stuff in the past.
   Why: People are scared to move on and live life to the fullest, life is in. fact what you make it. 

9.The chik fila in the Hub not having lemonade. 
   Why: UF is a Pepsi school and I guess lemonade is something that has to be made that can't just be trucked in.

10. The amount of time it takes for a pub sub to be made.
     Why: They use a single station preparation system rather than a pass it down assembly line style like subway. 

11. When people walk three wide on the sidewalk then act inconvenienced when I pass them.
    Why: Some people are inconsiderate and think they are entitled to everything.

12. The battery life on my iPhone greatly bugs me.
    Why: My phone will just sit and think and just burn battery, also over time the batteries degrade forcing you to get a new phone. 

13. When you are in a grocery store and 75% of the lanes are closed and there are long lines. 
     Why: This bug exists because grocery stores are often understaffed or the employees are working in other areas of the store and don't realize the backup. 

14. It bugs me when people order food at a restaurant while on the phone. 
    Why: Some people  are just not as considerate as others and feel the idea that they are better than others.

15.The poor wifi and spotty service on campus really bugs me.
    Why: Dated servers and lots of devices connected at once cause the internet to be poor. 

16.  People failing to tip those that provide a service or are in a generally understood tip industry.
    Why: Some people are just stingy with their money and don't like to share, others are just uneducated or ignorant to the problem. 

17. The idea that if you do something for someone you must receive something in return. 
   Why: Some people are raised with different or without morals and they feel that they must be rewarded for any actions. 

18. When people just throw an item back on the shelf wherever they please, not putting it back properly or giving it to the cashier.
   Why: People are just lazy and don't care about the person that has to make sure the shelves are tidy at the end of the day. 

19. Another thing that bugs me is people that ride in the left lane when there is no traffic in the other lanes and clog up traffic.
  Why: People aren't aware of the rules of the road or simply don't care.

20. When your coworkers do the same tasks at work as you do but are paid more an hour than you.
   Why: Not as qualified on paper or are officially listed as another title in the company. 


To me it was a little difficult to type out 20 things that bug me, a few of them sounded like greatly personal problems that were no where near as hard as what other people are facing on a daily basis in other parts of the world. For the most part any problems that I face are minuscule compares to the things that others suffer on a daily basis.  To me finding true difficult things to deal with that bugged was actually hard.