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30A – Final Reflection

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I remember doing my elevator pitch for the first time and having no idea what to say and it took me over 20 times to get it remotely okay for me to post.  Now, I do my elevator pitch to my friends involved in business for fun and have it memorized so easily.  I remember doing the bug list and having a somewhat difficult time thinking of all of them. I think my elevator pitch videos were the most formative experience because it taught me how to speak properly in a business setting and how to condense the most important details I needed.  I think this made me a better public speaker even though I was speaking by myself in front of a camera.  I'll remember this for years.  I also enjoyed interviewing my friends to see what they thought of me and what my "secret sauce was." I see myself as an entrepreneur because of my mindset, not that I necessarily have a business yet.  I pay more attention to problems or "bugs" as we called it every day.  I am constan...
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28A – Your Exit Strategy

I personally do not like the thought of selling my business or getting out of it once working so hard in it, but I know it is sometimes a necessary step (we are learning more about this in class Monday).  So if I were to pick an exit strategy for my business, I think I would stay in for the long run and retire and pass it down to someone in my family or someone I trusted.  On the other hand, if the offer was large enough, I think I would sell my company.  I would only consider doing so if I thought the company would continue moving in a positive direction.  I picked this strategy because I care a lot about the business and do not want to see my years of hard work (if I were to work in it for years to come) go to waste.  I think my passion for my company shows in my exit strategy and my business plan.  On the other hand, I did not consider my exit plan before this assignment so it did not influence anything before this that I have wrote about.  I don’t ...
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27A – Reading Reflection No. 3

1) Coco Chanel, Lisa Chaney What surprised me most about Coco Chanel was how she started.  She has a tough beginning and childhood but now she is an iconic designer.  I actually am wearing Chanel perfume right now and I would love to own a Chanel bag one day. I most admired that she came from practically nothing and now her net worth is over $100 million.  This shows her bravery and that people should have almost no excuses. I think Coco Chanel depended her life on money, instead of love.  Yes, she was successful and this is something a lot of people do, but I wonder what it would've been like if she was passionate about people and love instead. I believe every entrepreneur starting, maintaining and growing their own business is a hardship.  She was going against standard being a successful business women and her business ventures were diverse and not easy markets to tackle. 2) I noticed the entrepreneur displayed determination and perseverance. 3) I...
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