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14A- Halfway Reflection

1.) In order to keep up with the requirements for this course, I have learned it is very important to keep a calendar of all upcoming assignments. I have found that if I am aware of which assignments are coming up, I am far less likely to miss an assignment. That first point follows directly into my second point, planning ahead. Planning ahead and taking a look at the assignments due is crucial to ensure you have enough time to complete the work thoroughly. 2.) I did really poorly on a Statistics exam this following week, and I felt extremely discouraged. I wanted to drop out of the course, but what made me pull through was my support system. My friends and family made me realize that one test score is not my final grade, and there are people that can help me bring my grade up. Recently, I have been working extremely hard on that coursework to ensure a better exam grade next time, which I believe illustrates my tenaciousness. 3.) First, I would say it is so important to keep yourse...
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29A- Venture Concept No. 2

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1. Opportunity      The opportunity that I decided to look further into has to do with ink pens bleeding through to the other sheet of a piece of paper when you are writing. This is an issue whether you are writing an important document for work, or if you are an artist using an ink pen to create something. I'd say customers are currently satisfying this need by using pencil instead of ink pen, but I wanted to create. a product that would change that. A product that would take the "ultimatum" away: ink pen that will bleed through, and pencil that won't show up. My product would utilize a mixture of both ink and gel ink so that bleeding wouldn't occur. 2. Innovation       My product uses a balanced mixture of gel ink and liquid ink to fix the issue of leaky, smudgy ink pens without forcing customers to compromise. My pen will allow people to continue using their pen of choice- a smooth ink pen without having to ruin their project with ink bleeding. My ...
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23A- Your Venture's Unfair Advantage

1. Creativity Valuable: My creativity is helpful in making my venture successful because I can easily find ways to work through a problem that other people maybe wouldn't think of. Rare: Fairly, yes. Inimitable: One cannot teach themselves to be creative. I am just a creative person by default. So this trait is not inimitable. Non-substitutable: No. Creativity is its own thing. 2. Networking/Connections Valuable: Knowing people who would benefit from my product, or that could help improve my product is a valuable resource. Rare: No, you just have to look around and put yourself out there. Inimitable: No. Non-substitutable: No. 3. Critical thinking Valuable: Being able to think critically is valuable in problem solving during my venture. Rare: Fairly, others can think critically. Inimitable: Yes, but that is not necessarily a bad thing. Non-substitutable: No substitute. This is an important part of being an entrepreneur. 4. Patience Valuable: Business ventures don...
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