Week 15 Reading Reflection

This week we had to read an article in the Harvard Business Review. I liked the switch from a reading in Kuratko because it gives us different business perspectives. After reading the article, the biggest surprise was the gang of bad guys trying to extort money and SKS walking away from $285,000. I feel that the author, Akula, was confusing with his transitions. If I could ask the author a question it would be why did his company, SKS Microfinance, didn't think of the problem before hand. Overall I think it was an interesting read into Microfinance, I think the author was insightful and I enjoyed his examples I don't believe he was wrong about anything.

Final Reflection

1) Reflecting on the highs and lows this semester in this course was interesting. I started the semester off strong, I had every assignment written down in my planner. However, as the time passed I still wrote my assignments down but I lingered to a few days before due date to complete my assignment. This procrastination was a low point for me in this class. My high points were completing the assignment, I really enjoyed how the assignments in this class are structured. I like to write so creating my own blog was exciting.

2) The experience that I'll remember forever was the first time I tried to give an elevator pitch. I thought I "had it in the bag" but when the camera started recording I choked. However I tried again and eventually was able to present a great elevator pitch. I am really proud that I learned to not be afraid of having to speak on the spot.

3) I do see myself as an entrepreneur. I feel that I have developed the entrepreneurial mindset throughout this class. I believe everyone thinks like entrepreneurs but some just take their ideas a step further and turn it into reality.

4) I would recommend that future students now how to time manage well. This class will be good to you if you make time for it. This class has a lot of assignments and if you get lazy they will creep up on you. I would recommend buying a planner to write down all the course work for the week so that you never forget an assignment.

Elevator Pitch No. 4

For my last elevator pitch I decided I would give it my all. I worked hard to use all the criticism I received on my previous elevator pitches and make this last elevator pitch great! I tried not to seem nervous( which was one comment I received) and be direct and on topic. Hope you enjoy my elevator pitch. In my elevator pitch I mentioned that I have a website for my buisness venture "Rent A Scooter". I don't have a website but if I took my venture into reality I would have one and would use it for an elevator pitch. 

Venture Concept No. 2

Good Evening Bloggers,

    The business venture I have conceptualized is Rent A Scooter. I believe Rent A Scooter is a great business idea around large universities. The customers we would be attracting would be students. From the data I have collected on previous assignments on asking random students survey questions on my concept, I have come to the conclusion that transportation around campus has become a problem. According to students, parking on campus is impossible. Parking has lead to tardies in classes and parking tickets. There are many times I wish I could rent a scooter on campus to get to my destination. The feed back I received on my Venture Concept No. 1 was very helpful.
     I received comments that stated that they believed that my venture concept would thrive around college towns and that it had a lot of potential. Another person commented saying that they liked my concept but suggests that I add renting bikes to my store. Almost every person commented on how expensive it is for not only students but teachers too to park on campus!
   Based on the feedback I received I have thought about different ways to go about the price of Renting A Scooter. I was thinking possibly $5 on hour. I don't think that is too expensive. I also would really want to initiate the monthly membership. Those who buy a monthly membership pay less per hour than those that don't have a monthly membership. I don't know the specific cost yet for that but I think it is a good idea.