Elevator Pitch No. 4

1)

2) I think the feedback is what anyone would expect. It mostly dealt with concerns of security. People can access their bank and transfer money safely through apps so I don't think this is an actual problem. Although some companies are improving the ways to unlock it, there is not one that covers all.

3) I kept the pitch similar and really tried to highlight the benefit. Talking about potential for hacks is not something to include in the pitch in my opinion.

Venture Concept No. 2

1) Provide, again, your venture concept description, using this form.

Venture Concept Modification

  In this modern age people are struggling for things they really shouldn’t. We are living in a world where new problems become trivial due to technology. Currently, the way we unlock cars that have their keys stuck inside is not a very efficient solution for the problem. People waste time and money in more than one occasion just to solve this nuance. New technology exists to ease this struggle. There are thousands of people that struggle with this daily and would greatly benefit from this innovation.

             Currently, the only solution for making sure that keys don’t get locked inside car doors is having a completely modern car, having spare keys, or calling a car service company for assistance. Everyone does not own new cars and spare keys, and the last is not the most pleasant experience. Regardless, calling a car service company is the most common. It is time consuming, annoying, and can be costly. Of course there’s no price you wouldn’t pay to unlock your car. But it’s unnecessary to have a person drive from somewhere that’s not necessarily close by to make your day better. Everyone who owns a car has to consider all these things to some degree. It’s only a matter of time until cars themselves will be built so that there’s no exception to why they will get locked without a way to being unlocked.
              With technology always improving, there arises a perfect opportunity to fix this trifling vex. That’s why I want to introduce Major Key. It is the future. It not only will give you a better, easier, faster option to open a locked car, but it will also remove the consideration of this as a problem. Using a phone or tablet application and a separate device it will be able to unlock any car. That’s right, ANY car. The whole product is purchased on the app store/play store. After the purchase is made you will get a second device shipped to your home. Or you can buy the second device at major store and use the code that comes with it to link it to your phone application. The product will cost about $25. The second device will be synchronized with your car depending on the make and model. For older cars a mechanic will do the service since it’s probably all mechanical. After everything is properly installed, you can log into your app, identify yourself, and open your car as if you never lost the key.

            Having to deal with a locked door is not something that everyone thinks about on the daily. Yet, when you have to think about it, it is one of the most annoying things you can experience. Major key fixes all these problems. It makes life easier for anyone who drives a car and for the people that are in the car while something like this happens. There is nothing like this in the market, my only concerns with the whole idea is car companies finally eliminating this ridiculous issue by implementing it in their technology themselves. People are way too busy these days, they should not be stifled my minor things like a locked car door. Why wouldn’t someone want to completely get rid of this potential problem. Those who have dealt with it previously will immediately understand the benefit. Switching to this service only takes an app download rather than a call to a toe truck or car service company. There will be a model that can adjust to anyone’s car. That’s the only way it will work. This will keep my company busy and successful since anyone can benefit from it. On top of that, as a true believer of excellent customer service ad interaction, I will assemble a team of hundreds of employees eventually that have a number one priority of solving problems with customers and being helpful to all. We are entirely dedicated to eliminate anything annoying and time consuming that is attached to locking your car keys inside your vehicle. Besides this, the fact that there is nothing similar to this product in the market is what will win everyone over.
           This company, like I’ve mentioned previously, is the future. I plan to keep that trend. I'm not just stopping at vehicles, I'm interested in revolutionizing the way everything gets unlocked. Our biggest contender is homes. We want to make protecting your home a lot easier and even give you the option of  locking even after you leave your house. Other ideas I plan to explore include third party devices to include food service, and lingering minimal problems that when solved will revolutionize everything.
          After letting the purpose of the assignment sink in, I realize where I want to head with the idea. To adapt more I have to make my product more adaptable and that's exactly what I'm doing. 

2) 

The general consensus for my venture concept was that it was interesting to read because of the style. The idea and where it was headed was also positively critiqued and made to seem like a useful technology device. Yet there's always room for improvement.

3) 

Based on my feedback, I decided to keep it with the same style but worked on my wording for some things. I also added to my reasoning for why I thought where the company would be headed is promising.

Week 14 Reading Reflection

1)

I think that the boundaries for doing what you do was a bit surprising. Even though entrepreneurship is about doing productive things to progress it was surprising to see it coupled with degrading affect. Moral and ethics must clearly be considered when doing something even if its for "the better".

2) 

The reading per se was not very confusing but there were some diagram that were. "Classifying decisions using a conceptual framework"  was a bit confusing and hard to read.

3)

Are there any ideas that can be justified when they don't correspond with morals and ethics? I would also ask if he agrees with that fact that those who operate unethically and unnoticed eventually get discovered?

4) 

I don't think the author was incorrect about anything so I agreed with it.

Google Gold

Google Gold

1) 

I honestly did not do as much as I should have although some of the title's assigned for the assignments (such as this one) contain keywords that can get many hits. 

2)

I wanted the keywords to be something that most people were bound to search for. Thing like success, progress, money. They're all things that would catch the attention of most people and that still have a lot to do with what I'm posting. So it's not false.

3) 

I use social media to target audiences and generate activity for my posts. I think that social media is a powerful tool and the better we understand it the more successful we could be with it. Social media was still a bit receptive of my blog because, like i said, you have to understand what to say. Also you have to have prolonged efforts that take place over a long time. Repetition in anything is the most powerful tool.

4)

I think my most viral post was Venture concept because it was the most neat. I did not generate much activity due to social media. Therefore, my best crafted one probably got the most because it was the one of highest quality.

5)

No I did not make it to the first page with my Keywords. I used Keywords that are very specified but widely used so there are many other professional articles in front of mine. I was well past the double digits so i could not find where I appeared.

Very Short Interview, Part 2

1)

I think that the first interview highlights the three questions that Entrepreneur's should be asking themselves everyday. Sometimes you can get lost in the motion of things and you lose touch with your audience.

2)

Interview : 

Jorge: Hey Kevin nice to speak to you again. 

Kevin: Thanks for taking the time! My first question is, what made you decide to push yourself out of employment and into running your own thing.

Jorge: It's many things: ambition, freedom. It's more of the type of person you are. The go-getter mentality. 

Kevin: Usually people assume most risks are taken in the beginning. Do you still take risks?

Jorge: Yes! Even though it's as stable as it is, money is charged every month so you have to appropriately allocate your money. There's risk taking in that because sometimes your needs are not as important as saving some money.

Kevin: That makes perfect sense. Are there any new  marketing methods you've been trying since we last met?

Jorge: Funny enough, I have been ! I've been getting a hang of the social media and starting to invest some more time in there. Always room for growth.

3)

I think the progress that I have made hasn't been in terms of understanding entrepreneurship. It's been more of just identifying the right things and focusing on the right things. Asking the right questions, understanding how to sell better. So I have improved my efficiency. Jorge definitely seems to agree!

Week 13 Reading Reflection

1)It was very surprising to see how much I learned in financial accounting actually went into the evaluation of the business.

2)On that note, there were some parts of the due diligence evaluation that were still too complicated. That was the most confusing for me.

3)Not every company has assets and accounts like the one mentioned. For service businesses what would be the method for due diligence evaluation? Are there any other considerations or exceptions that can exist when you really have faith in an idea but the accounts don't indicate a good investment?

4)I did not disagree with the reading.

Celebrating Failure

1) Many times this semester, there have been projects assigned in my Java programming class. I'm new to coding so I have to study a fair amount and take the class very seriously. 

Every time the project was due I started the day before and then worked non stop until the dead-line and I ended up not finishing the project. I tried very hard at the last minute yet was not able to complete it and I felt horrible about myself after. Like I wasn't smart enough. Like I worked for nothing. Not to mention, I lost a lot of sleep.

2)I learned that preparation and timeliness are more important than how much work you put into something. In life, nothing goes as planned. So I need to give myself extra time than I think on something that needs to get done. It has taught me that planning and asking for help are things that need to be done from the start.

3) Failure is very painful I would say. After a good beating, you can only feel bad for yourself and then get angry at the fact that you're feeling sorry for yourself! In life there are no excuses, only results. It is a stinging feeling that reminds you that you are not perfect. Although the feelings fade the memory lingers. The strong emotions have engraved a painful memory into your head. But now every time you give it another go (Because life makes you do things many times) , that memory helps you remember to take a different course or else that same emotion will return. Stressful times are moments that we want to fast forward and they might completely break us down. Yet, they give us strong remembrance of something that we shouldn't do and we the refer to this as experience. Succeeding is much easier with experience and therefore failure is necessary to succeed.

This class has helped me embrace that unpleasant things are not entirely that way. It has made me want to embrace more and fail more so that I can get more out of life and get to where I want to be.