30A- Final Reflection

After reflecting on all the assignments we've done throughout the semester, there was one set of assignments that really stuck out to me and that was the elevator pitch assignments. To be honest I didn't do the first one because I didn't really think i'd be good at it and the level of awkwardness was truly repulsive so i decided to take the 0. At the time I didn't know that this assignment would be a recurring one throughout the semester so it didn't really bother me. Once the second one came around I realized that this was something I needed to get over and deal with so I did. After submitting my first elevator pitch i didn't even want to look the comments because of how horrid I'd thought I done. Eventually, I decided to take a peep and to my surprise things werent so bad. Now I know our comments are usually nice towards one another and sometimes too nice, but these were straight up responses. The thing that really helped me out was the fact that people actually agreed with what I was saying they just had some personal insight on how I could make it more marketable just by how I said it. By the time the last pitch came around I was smooth sailing. My confidence was boosted and message was more clear and marketable. Needless to say I think this was my biggest display of of maturity both as a person and an entrepreneur throughout the course.

I think that as for a message to the upcoming students, this really hits the nail. Throughout this class, and life, theres going to be times where youre afraid to fail, its just going to happen. What really separates people is the ability to be okay with that and give it your best anyways. I remember from all of the assignments, books, and lectures that we've read and watched that one word was constantly reiterated and that was failure. In order for one to truly succeed, they must deal and cope with failure. One way or another, its going to happen, but its how your respond to your failure the defines you. Our greatest inventors and entrepreneurs failed numerous times before they became what they are. MY example was minor taste of failure to me but I overcame it and learned to deal with my problem maturely. I cant stay that I have honestly developed an entrepreneurial mindset over the course of four months, but if theres one thing I learned through this course is that dealing with failure is one of the most important parts of developing that mindset, and my example is just proof of me taking ne step closer to achieving it.

29A- Venture Concept 2

For my second venture concept I decided to broaden my focus group on people of all ages as opposed to focusing only on college kids like I did in my first venture. My second concept is making game-day t-shirts for gator fans. Everyone likes having a go-to shirt to wear when their beloved gators are playing a team. But the twist on my concept is that instead of it just being normal gator apparel, our shirts would have some sort of funny image or dialogue printed on the shirt that would poke at whoever our opponent of that week is. For now, we're solely going to make the shirts for football games only. Each home game we would have fresh printed shirts that would be funny and comfortable to wear. Rough estimate on the shirts prices come out to around $15 which doesn't sound like that much but when you're ordering shirts by the hundreds the profit actually is quite outstanding. The reason I keep say "we" is because me and a fellow friend of mine have already experimented this week game day polos. They were rather expensive and kind of hard to sell but we ended up cleaning-house. I figure that if we market something more affordable and creative we would have much more success.

Unfortunately I didn't submit the last assignment that was similar to this so I didnt receive any feedback to complete the second part of this assignment. However, it doesn't take a genius to guess what some of the negative feedback would be. To the people who think that this could fail because many other people do something similar and that this market is to competitive and cliche, you're absolutely right. Which is why were going to have to rely on better prices and creativeness. Aside from our shirts being that same price or hopefully cheaper, our creativeness on what these shirts say or show are going to determine how our profits will turn out. Im going to have to decide if pushing the envelope is appropriate here so that our shirts really stand out but then again that can defer consumers. The whole business pretty much determines on how clever,witty or creative our product is. If its just another couple of guys selling basic t shirts then our business will crumble.

I look forward to hearing back from you guys on this concept because it will be my first set of feedbacks for this business venture. If their is any ideas you guys have I am more than open to suggestions.