Sunday, April 24, 2016
Complication with Optimistic Outcomes (Final Reflections)
Week 15 Reading Reflection
2. There was nothing confusing about the article.
3. There is great potential in the micro finance industry. Why don't giant organizations rely on local farmers when disaster hits the country? Wouldn't that help the local economy grow?
4. I do not find myself disagreeing with the author at all.
Wednesday, April 20, 2016
Venture Concept 2.0
- My targeted customers aren't out there unsatisfied with their unmet needs because they want to, but rather because they have no choice. This unmet need is clean water and a clean source of energy. The people who are in need of this can be found all over the globe, mainly in impoverished areas and villages.
- This opportunity unfortunately exists due to political and economic reasons. Moreover, it has existed for centuries, only it seems more visible today due to new standards of living.
- This bottle can also be sold to survivalists and military.
- A water bottle with a filter already exists. None the less, they are made of plastic and can only filter water. My bottle purifies water (yes, there is a difference) and can provide light (LED strips that are solar powered). Plastic may be the material I'll have to use as I cannot think of an alternative.
- Regular bottles with a filter sell for somewhere between $20-$30 dollars. My asking price would lie somewhere between $40-$50 dollars.
- That is expensive, but what other bottle could do the same? it ultimately depends what the bottle is made of.
- The customers would switch over to my product because it simply offers more. Lightweight and portable, think of this bottle as a powerful solar powered flashlight that you can drink clean water from. My competitors can only filter water, which does not address the biologically organisms (bacteria and microbes) living in the water. My bottle purifies the water, hence taking care of those variables. As a result, this bottle can prevent you from contracting diseases.
- Interestingly enough, I intend to sell the bottles in bulk to NGOs (in the beginning at least). I do this because they already have some sort of established relationships with the locals. NGOs could distribute the bottles more effectively than I can because they know who and where needs the bottle. Furthermore, I plan to sell jug sized for families.
- My plan is to give prototype bottles to local NGOs for free in exchange for feedback on the bottle. From this feedback, I can modify the bottle until it is ready to be sold. This final product will be the version to hit the shelves when I cater this bottle to survivalists as well. I previously mentioned that the bottle could be sold to the military (surplus stores?) due to its adaptability and durability.
- Manufacturing could take place in the USA and distribution points could be held in cities nearby the highest concentrations of NGOs.
Sunday, April 17, 2016
Week 14 Reading
2. In chapter 3, I'd have to say the most confusing topic was the "corporate entrepreneurship strategy".
3. How are current entrepreneurs dealing with our current climate (ch.4)? Could you elaborate more or corporate innovation?
4. I do not disagree with the author on any aspects of either chapter.
Friday, April 15, 2016
Thanks for the (Google) Gold!
Just speculation though.
But all jokes aside, I think that may have have been the most viral post because I used Entrepreneur and similar words frequently throughout the post. Now, according Google search bar, I am not a very popular guy (as in, I don't show up within the first ten pages). I had a feeling blog popularity would be relevant in class eventually, so I purposely chose a bizarre, unique, maybe irrelevant title.To test my theory, I typed my Blazing llamas blogger on Google.
What I got was a blog about a llama farm in New York. They actually have nice hand knitted stuff if anyone is interested. And apparently you can sponsor a llama as well. Here's there link for those who are curious
http://autumnhillllamas.blogspot.com/
Ladies and Gentlemen, I give you Kara the Llama!
Wednesday, April 13, 2016
Very, very short interview with Entrepreneur Pt. 2
Maybe posting that Star Wars clip was a wee bit dramatic. Looking back in hindsight though, it wasn't THAT bad. I was only trying to have fun with that assignment. Hopefully, you guys did too.
Joking aside, he was not lying. Now I by all means don't really wish to pursue my own venture. Sure, these assignments in no way resemble the real thing, but it does offer us a glimpse of risky yet exciting path of entrepreneurship. The person I interviewed did not lie when he mentioned that it is difficult to set up a business. It felt strange for me trying to merely make light connections with experts. Now I could only imagine the real thing. I guess I may have underestimated this class.
Oh and here is the interview:
What would you do differently?
- Oh that's easy: Not piss the wrong people off. I didn't do so bad in the music industry but honestly there were some people I met that would have been valuable assets. There were moments where I did not take them too seriously or made inappropriate jokes. That being said, I also wish that I was sharp enough to dissociate with people pulling my business down. If there is any takeaway from this, it is to be wise enough to separate gems from rocks.
What happened with your company?
- I stayed with the company for over 30 years. Once it was time to retire, I handed the mantle over to my son, whose been in the business with me since he graduated from high school. From what I've heard, the business is still doing pretty well.
Why didn't you sell it or let the Board take care of it?
- Music is my passion. Now I can't sing or play an instrument, but I sure know good music when i hear it. Since my first day working behind the register at the record store I immediately realized that this was something I want to be a part of for as long as I can. Sell the company? You're crazy. This place is my baby. The folk on the Board are good people, but I fear that greed could cloud their judgement. Sure, I want my company to be successful, but I don't want to be associated with shitty music. I'd rather go with small names or unknowns with grand potential and work ethic instead of pretentious assholes who swear that they are all that. I didn't plan on handing the company to my son, but I'm grateful and blessed that he loves music and shares my philosophy. Over the years I've worked with him I came to realize that he is worthy.
When I first contacted him, he asked me how I was doing in the class and all that jazz. After I finished with the interview, he asked me if I "understood". I was admittedly confused at first, but he meant if I understood what was necessary to be successful. The short answer is persistence and will. "Honestly" I said "I understand the concept behind it and I understand what has to be done. But whether I'm good at t or not is the real question"
He chuckled and replied "Don't worry, just keep your head up and use what you learned. Most of the knowledge you need will come anyways once you use it for real"
Sunday, April 10, 2016
Week 13 Reading Reflection
Joy in Failure
Wednesday, April 6, 2016
Grand Finale (Exit Strategy)
Sunday, April 3, 2016
Week 12 Reading Reflection
2. Not that I found it confusing, but I would like more information on the strategy matrix, especially since it seems like a continuation of last week's reading.
3. One question: How did you collect the data for the typical venture's life cycle? In other words, could you give percentages of when they succeed, fail, decline or innovate?
4. Once again, I don't disagree with what the author wrote.
Where We're Going (What's Next)
Just to quickly go over my venture, it is a humanitarian based venture that, through NGO partnership, provides water bottle purifiers with solar powered LED lights. In short, this bottle provides clean water and light for people living in poor areas of the globe. When I conducted the interviews, I expected feedback to be about the bottle's material, since I aim to have it made of aluminum.
Feedback.
Now, I did not anticipate the feedback I received. The first interview said "Vitamin tablets". What this person was trying to say was vitamins are necessary to the human body, so why not add vitamin tablets. The next interview suggested making gallon sized containers, which is much more convenient for large families instead of having multiple, smaller water bottles. Finally, someone did mention that aluminum could be difficult to hold in hot weather, so why not have the bottle made of rubber.This is definitely worth looking it.
Reflections.
My untapped market includes campers, survivalists and military. One person mentioned that a tracker could be installed in the bottle. He argued that there have been cases where people who went out exploring and got lost. Having a tracking device takes care of that. Another person explained that adding rope and mirrors could suit the "survivalist" bottle. In terms of what I think about this, I believe that these are great pieces of advice. I honestly never considered these features and would find a way to add this into the bottle.
Wednesday, March 30, 2016
Venture Concept No.1
- My targeted customers aren't out there unsatisfied with their unmet needs because they want to, but rather because they have no choice. This unmet need is clean water and a clean source of energy. The people who are in need of this can be found all over the globe, mainly in impoverished areas and villages.
- This opportunity unfortunately exists due to political and economic reasons. Moreover, it has existed for centuries, only it seems more visible today due to new standards of living.
- This bottle can also be sold to survivalists.
- A water bottle with a filter already exists. None the less, they are made of plastic and can only filter water. My bottle purifies water (yes, there is a difference) and can provide light (LED strips that are solar powered). Instead of plastic, I am currently seeking out a different material that can be tough and durable yet cheap to manufacture.
- Regular bottles with a filter sell for somewhere between $20-$30 dollars. My asking price would lie somewhere between $40-$50 dollars.
- That is expensive, but what other bottle could do the same?
- The customers would switch over to my product because it simply offers more. Lightweight and portable, think of this bottle as a powerful solar powered flashlight that you can drink clean water from. My competitors can only filter water, which does not address the biologically organisms (bacteria and microbes) living in the water. My bottle purifies the water, hence taking care of those variables. As a result, this bottle can prevent you from contracting diseases.
- Interestingly enough, I intend to sell the bottles in bulk to NGOs (in the beginning at least). I do this because they already have some sort of established relationships with the locals. NGOs could distribute the bottles more effectively than I can because they know who and where needs the bottle.
- My plan is to give prototype bottles to local NGOs for free in exchange for feedback on the bottle. From this feedback, I can modify the bottle until it is ready to be sold. This final product will be the version to hit the shelves when I cater this bottle to survivalists as well.
- Manufacturing could take place in the USA and distribution points could be held in cities nearby the highest concentrations of NGOs.
Saturday, March 26, 2016
Week 11 reading reflection
2. One part that was confusing to me was finding the "ideal" innovative strategy.
3. This is an elaboration of my previous confusion. Could you elaborate on the landscape map you provided? Also, how soon does all this pay off. Perhaps a well established company could endure years of heavy spending in the innovation department, but what of a small, new company?
A.M.A.Z.O the Amazon Whisperer
Wednesday, March 23, 2016
My Unfair Advantages
1. Prototype
- This is an advantage because instead of having an idea, I have an actual functioning prototype. The designs are in a flashdrive and just need extra tinkering. I have something concrete instead of something abstract.
2. Spanish
I speak spanish fluently, therefore giving me access to an untapped market.
3. Team
I have a group of people who each specialize in a different aspect of the cup. They would be willing to continue working on this project
4. Fieldwork
One of my connections has conducted fieldwork in Haiti and she could help me introduce the project to the area
5. Cheap Supplier
My friend can cheaply produce the item in bulk, especially since he needs to just plug in the data, not actually build it from scratch.
6. Nonprofit connections
My other connection has worked in multiple nonprofits and has worked closely with the UN. Remember, its about who you know. This is my best weapon in my arsenal. I'll explain later.
7. Swiss Knife
Someone commented that my venture already exists...anstart.'s right it does. However, this model particular does krpe than filter water. It can produce clean light, start fires and heal cuts.
8. Flexibility
This bottle can appeal to survivalists instead of only improvised people. This is another untapped market my bottle can potentially have a hit in.
9. Military?
If I made some extra modifications to this bottle, it could potentially be useful to soldiers, particularly to the infantry soldiers.
10. Domestic
This bottle doesn't just have to serve those abroad, but also to the ones in need here in this country. We could work with homeless centers and Gainesville could be an excellent place to start.
My best unfair advantage is my connections affiliation with non profits. He could direct me to an organization that is willing to experiment and that could actually be in need of this product (they just don't know it yet). My other connection that has conducted fieldwork in Haiti could help me because she has a personal connection with them. Trust is key, and with this foot in the door, I can access an audience.
Sunday, March 20, 2016
Week 10 Reading Reflection
What surprised me the most from this reading is how much I don't know about finance. All this jargon made my head spin a little and to be honest, I had to read slower than I am used to. Nonetheless, this knowledge will be useful as the organization I work for (Hopping 4 a Cure) is currently trying to figure out the necessary budget needed to run all the planned activities.
2. Identify at least one part of the reading that was confusing to you.
What I found confusing about the reading was the fixed cost assumptions. How much of a role do "variables" play in this model?
3. If you were able to ask two questions to the author, what would you ask? Why?
If I am starting out a company, chances are that my operating budget will underestimate the total costs. This typically happens when one decides to open a restaurant. My first question is: what methods are there to better forecast my expenses, especially when I haven't made sales yet?
My second question is: Do the financial formulas take into account external variables. For instance, what if the company faces an unexpected lawsuit or disaster. Will it have the budget to deal with such crisis?
4. Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
It is difficult with me to disagree on a topic I know very little about. Reading one chapter that really is just a vague summary on a complex topic does not give me enough information to be able to raise questions. As a result, I do not disagree with the author at the moment.
Growing my Social Capital
Wednesday, March 16, 2016
Elevator Pitch #3
Sunday, March 13, 2016
My Secret Sauce
Week 9 Reading Reflection
2. What I found confusing was why surveying and polling methods are still outdated, especially when we have the technology to do the job properly. I know I earlier mentioned that it surprising, but to me it is also confusing as well.
3. How do you classify what data is useful and what isn't. Shouldn't there be a way to make all the data useful? I mean, wouldn't there be risk in missing data to capture the overall picture?
4. I don't find myself disagreeing with the author. If I had more knowledge I could perhaps offer better insight. I do agree that surveys, whatever niche it covers, should be updated in in order to capture a better picture of what the public wants.
Tuesday, March 8, 2016
Here's a napkin...with an idea on it (part II)
It is important to note that this business idea would only temporary as the core goal is to provide temporary relief until a more viable and permanent solution could be found. In spite of good intentions, there has to be ways to keep the company going (without violating ethics!) .To keep the company running, we could also tailor to survivalists and provide other services for non profits. Heck, we could become a non profit and have our own refugee camps. But if that were the case, then eventually have to solely rely on donors and international aid. Yeah, there are kinks that still need to be worked out...
Monday, February 29, 2016
Tenacity and Endurance (Half-way reflection)
True there aren't any tests and Professor Pryor is a fun professor who strives to make the class as exciting as possible. I am truly grateful for that. Admittedly though, I do make a face when I see upcoming assignments and on some days I'll even curse. If its a bad day I'll curse in Spanish.
In this assignment I've been asked what behavior I've used/developed for this class. Well, there's motivation. My motivation is to try to raise my gpa as much as possible this year because I know that there is room for improvement.
Did develop a particular attitude for this class? Of course not. But I can say this: this class has helped me to improve in tenacity and endurance. I didn't have a moment where I wanted to throw in the towel, drop the class, cry about it, etc. Instead, there were moments that I simply didn't want to do the assignment. At the end of the day, what kept me in check was the fact that these assignments are worth 1-2 points. Experiences in the past are what remind me not to give up and to remain tenacious. Believe me, I've learned the hard way.
Sure, these assignments are practically worth nothing, but slip up constantly and it starts to add up. In a way, this is what makes this class dangerous because it truly is tempting to skip a couple assignments. To future students, I know that this class can be frustrating and there will be times where you will start skipping assignments. But if you throw in the towel, what comes after may lead to greater consequences than intended. Don't take this advice only for class, but for life as well. If I had to sum up everything in two words, here is advice a person once told me: "Endure always"
Here are some tips for the class
1) Put effort into the assignment. B.S-sing can only get you so far in life.
2) Stay on track with the assignments. They quickly stack up
3) DON'T FORGET TO DECLARE!
4) Accept that there is no way around the assignment. Might as well have fun with it. That is what helps me get through this class.
Sunday, February 21, 2016
Week 7 Reading Reflection
2. What I found confusing about this reading was how understanding the personality of customers could be accomplished.
3. When doing marketing research, how do you correctly isolate variables? If you are trying to understand your customers, aren't there other factors to take into consideration as well?
4. I do agree with the authors that trying to truly understand their consumers is the key to success instead of segmenting them into different categories (sex, race, etc)
Giving free money away
Wednesday, February 17, 2016
Elevator Pitch 2
Hey guys
In previous posts I talked about how I participated in Shark Tank style competition last summer (took place on my birthday actually). Anyways the idea is this sturdy yet lightweight bottle that can filter water plagued with microbes and provide bright lights for people who lack these essentials. Ideally, I would like to add more utilities to the bottle and yes I recognize that there are other viables solutions (installing a generator, water pump etc) but know that these projects can be expensive and take time to do. These bottles are meant to be used immediately and act as a remedy until a more permanent solution could be found/implemented. I would really appreciate your feedback. Thanks!
Sunday, February 14, 2016
Interviewing Customers No.3
Saturday, February 13, 2016
Porter's Five Forces (Reading Reflection, Week 6)
2. I did not find the article confusing.
3. Are there variables to be considered? Wouldn't government be a force as well?
4. Mr. Porter, would innovation be considered as a factor?
Thursday, February 11, 2016
Here's a napkin...with an idea on it (Phase 1)
Sunday, February 7, 2016
Week 5 Reading Reflection
Sunday, January 31, 2016
Week 4 Reflection
2. What I found confusing about the text was that it never really addressed whether profits outweighs morality or vice versa.
3. If you had a business, would your decisions always be in favor of the company, regardless of what happens to outsiders? Could you provide an example of something that is "illegal but ethical"?
4. In this chapter, I don't disagree with the author. I do agree that businesses and corporations should abide by the legal system because it does establish some sort of accountability. At the same time, they should not take advantage of the legal system to advance their greed or personal agendas. In other words, they should also be ethical in their practices.
Entrepreneurship Opportunity, take 1
I asked:
1) Do you donate to nonprofits?
2) As a child, did you enjoy recess games?
3) Would you be interested in participating in friendly recess games to raise awareness for non profits?
This opportunity offers fun in exchange for funds, thus giving people a reason to join the cause. In regards to the experience, I'd have to say that it wasn't all that bad. Personally the only awkward part for me was actually stopping the person. Once I had their attention, it was relatively easy from there
Wednesday, January 27, 2016
Top 5 Biggest Problems (and the "easiest" to execute)
- Global Warming
- The effects and implications of Global warming are endless. Not only are we talking about rising sea levels, but also increasingly acidic oceans and climate change. For those of you that don’t know, climate change can have a negative impact on agriculture (that’s our food people!). Moreover, I’m only talking about how Global warming is affecting a single species (us). Imagine how this will affect the other million species that live on Earth
- Energy
- There is a lot of back and forth between what alternative energy source should be used. Each alternative has its pros and cons. Either there isn’t enough or it isn’t safe.
- Disease Eradication
- Isn’t it sad to think that we have people dying from completely preventable diseases in 2016?
- Trash, Trash Everywhere
- Assume that you live in the only comfortable house within a million mile radius. Why would you mistreat and pollute in the place (as far as you know) you call home?
- Food
- In spite of the gargantuan human population, there is actually enough food to feed everyone.
- Disease Eradication
- As mentioned earlier, through education and awareness we can teach people how to have proper hygiene and sanitation. Also, sending professionals to debunk myths about vaccinations and diseases.
- Food
- Scientists and farmers should work together and travel abroad to teach locals about safe and effective farming techniques.
- Trash, Trash Everywhere
- Tougher laws should be passed that prevent corporations and businesses from dumping trash into the ocean. There should be greater incentive to recycle and manufacture products from recycled materials. Countries such as Netherlands have funded projects that build small scale floating nets (marine life friendly) to filter trash.
- Energy
- One alternative energy source that hasn’t been widely discussed is Helium 3. The sun emits millions of tons, but the Earth electromagnetic field blocks most of it. The moon, on the other hand, has plenty. The issue with this is that it expensive. Overall, I feel that if more research were put into lunar mining, then a cheaper method of He-3 extraction could be found.
- Global Warming
- Most practical way is the educate people about climate change and to aggressively push Congress and other governments to do more about than they already are.
Sunday, January 24, 2016
Identifying Local Opportunities and stuff
Takata is a automotive part manufacturing company that is a major supplier for automobile companies. In recent events, airbags made by Takata have proved to be nonfunctional, as ten people have died already from faulty airbags. As a result, major motor companies such as Ford have made a major car recall. This is, in fact, the greatest automobile recall ever. What is even more concerning is that people with car models older than 2008 (and that reside in high humidity) are at great risk of having broken airbags. As a result, people with such models should go have their airbags fixed.
2. Out of Service - Will we ever fix the T? Two ex-governors, a mayor, the MBTA's chief, and the secretary of transportation tell us why we're getting exactly nowhere.(http://infoweb.newsbank.com.lp.hscl.ufl.edu/resources/doc/nb/news/15A343A5AC2C1EE8?p=AWNB)
The T is a the main train station for Boston. For more than a decade the T has been in need of newer models. It does not help that the brutal winters of Boston negatively impact the train station. In short, the train carts need to be updated. This severely affects people from all walks of life, as thousands depend on it for transportation to get to work.
3. Bay Bridge workers aim to stop stormwater leaks (http://infoweb.newsbank.com.lp.hscl.ufl.edu/resources/doc/nb/news/15A90AABC6A9AC58?p=AWNB)
El Nino, a weather phenomena, has been producing storms that have affected the Bay Bridge. Workers have been working nonstop trying to keep water out off the bridge, as it cannot sustain itself under extreme moisture. The underlying issue to gradually upgrade to be more moisture resistant, since simply plugging holes is the same as applying bandages- it only solves problem temporarily. This affects millions, as again, the bridge is a major road.
4. Downtown Orlando draws more tourists - Repeat visitors, word of mouth help trend grow (http://infoweb.newsbank.com.lp.hscl.ufl.edu/resources/doc/nb/news/15A8E7D711384F58?p=AWNB)
Orlando is a grand hot spot for tourists all over the world. With endless attractions, the city is limited by the fact that tourist companies are not offering enough tours. If more tours were offered to meet the demand, then the city could make more profit, which can be used to improve Orlando. By not offering more tour services, the city is not fulfilling its full potential.
5. Livestock producers reminded to report forage losses by Feb. 1.(http://infoweb.newsbank.com.lp.hscl.ufl.edu/resources/doc/nb/news/15A87C9BE44C57D8?p=AWNB)
In Baker-Grant county, Oregon, livestock producers are facing losses as drought and wildfires have limited grazing for livestock. With droughts and wildfires, livestock producers will continue to suffer losses until they can find a way to create drought resistant seeds or some other viable solution.
Friday, January 22, 2016
Very,very short Interview No. 1
By the end of the interview, I'm not that all surprised by his responses. It reminded me of that scene when Luke Skywalker told Yoda "I'm not afraid" Yoda merely looks at him and says "Good. You will be. You will be" As students, we can only be taught theories, which in a way makes us naive. The feeling of failure and victory cannot be taught, only experienced.


