Friday, August 2, 2019

Assignment 29A - Venture Concept #2

Opportunity

  • Who:
    • The who in this organization is obvious. I've focused on the immigrant children who have and continue to be shoved into the current facilities America has set up. The ones in cages and going hungry or getting sick. Once I expand, I expect to include older individuals as well. 
  • Forces:
    • This opportunity has always been somewhat existing. Immigrants were always coming over illegally and being detained, but the rapid growth has been caused by the take over of the Trump administration. Since they've risen to power, the government has become very harsh on immigrants and taking it more seriously with raids capturing many of them. Because of this, the current facilities weren't built for this abundance and are being overfilled. 
  • Geographic / Demographic:
    • Geographically, these facilities would be needed in the outer states where most immigrants come to. These states include mainly California, Florida, Texas, and New York. Demographically speaking, it mainly be those who aren't native to the country. But, when speaking on raising the financial capital it would include just about any demographic.
  • Current Satisfaction & Loyalty:
    • Right now, there are no other facilities to satisfy this need. For this reason, immigrants continue to struggle, suffer, and in some cases pass away. Loyalty does not completely apply as they don't have a choice. There are many organizations who push to support immigrants, protest for them, and protect them, but none have tried to create facilities like this one wants to. 
  • SIZE of Opportunity:
    • This opportunity is actually huge. This would pulling off what people have thought and wished they could assist by doing, but never had the nerve to. It is going against what the government sees as "good enough" and making it more manageable.
  • Time:
    • As long as the raids continue and the immigration laws get tighter, this opportunity will last open. It won't change until the government realizes the number of deaths is too many to begin with. 

Innovation

  • What it IS: 
    • This is a temporary LIVING. When I say living, I put it in place of suffering. That is what is happening every single day to those children who have been shoved into this reality that doesn't even seem worth living for. A place where they smell toxicity, see people sick, and lay so close to one another. My organization looks to change suffering to temporary living. A place that makes it impossible to escape, but won't even need to. A place where there is no possibility of watching a fellow prisoner rotting away to death. A place where there is food, bed, and a shower. Filled with essentials such as water and meals. 
  • What it DOES:
    • I've created this to stop death. I cannot promise this part, but I will limit like it has never been before. Young children no longer have to fend for themselves as if they were abandoned in a wilderness. It allows those with immigrant families to continue living without worry of their suffering family members who were captured. The number of deaths would decrease and the hope is to completely come to an end.
  • What it COSTs:
    • The cost is a couple bucks a person. Anything ranging from $1 to hundreds to thousands, the possibilities are endless. No matter how much a person donates anything will be helpful. If thousands of people donated a couple bucks we'd be further than the starting balance of 0.

Venture Concept

  • Reasons to Support and the Difficulty:
    • It would be easier to convince the general public of this organization because there aren't really any other options at this time. There also isn't a specific limit to the help they can give. They could give as little as they can, as much as they want, or simply spend their time volunteering. If they want to truly make an actual tangible difference, this would be the only way to do it.
  • Competitors and Weaknesses:
    • There is really no reason to need to compete. No need to show this company is better than another because there are no other organizations that have pushed for this. Sure, they protest for better or more facilities, but none have thought of simply creating their own with limitations. The only possible weakness would be the slow growth of funds. If this does not catch the attention as expected from social media it could be a long time before a specific goal is reached to even build a facility. Without a facility in the first place the organization will not be anything yet. 
  • Organization and Roles:
    • The organization, as previously stated, will be a nonprofit. It will rely on government support and the funds raised from donations. The employees will begin as volunteers. It will not be hard to find these volunteers as there are already individuals volunteering in other organizations I choose to combine with. They will be those who brainstorm, who clean the facilities, who cook, and deal with the paperwork. After months of serious growth, the government would allow for salaries for these employees. If the first facility does not happen, the entire business will crumble and it is the most important role.
Minor Elements
  • Most Important Resource:
    • Human Capital is the MOST important resource. Without those who bring in ideas the entire concept can't be created. Without those who develop websites, there will be no means of maintaining the funds in an easy way. Without those who volunteer to maintain the facilities, the same chaos in the current facilities will also occur. Without the people the organization would be impossible.
  • What's Next:
    • The next step is the meeting with those from different organizations. This is the main ingredient to the beginning of change. My own ideas won't be enough. There needs to be certain experiences I haven't had mixed into the conversation. There are those who have seen things I haven't seen myself. The meeting will kickstart it in a way that will seem thorough and detailed because of careful consideration from different directions.
  • Next for Me:
    • In 5 years, I would want at least 2 new facilities. This may seem like a small change but it would make a big difference to those children who had to already experience the previous conditions. In a decade, I want my facilities to be a common know solution to those immigrants who have been captured. I want to expand to not just children but to people of all ages. This way, families wouldn't need to separate at all




FEEEEEDBACKKKKK
I did not get much feedback on either post, but I did ask some trustworthy friends who would take this seriously for me. The positive feedback was mostly based off the fact that my opportunity and problem I'm solving is really important and should be taken seriously. They liked how close to home it hits and feel that will be my strongest convincing point in my business altogether to anyone who would want to invest or donate to this organization.
They felt as if focusing on children alone was not completely fair, ao I made sure to explain that after I expand I will include all individuals as well. They felt my strongest point in the forces argument was that it is a wide opportunity considering it is both preexisting and will continue to exist in the future. I was too forward with promising it would prevent death because things do happen, but it will definitely limit it. I didn't attack the "next for me" like I did in the "what's next" assignment and I made a stronger point in that assignment to tell exactly what I wanted as well in my exit strategy.


Assignment 30A - Final Reflection

Recall Experiences
   Most Formative: I think the most important part of the class that I experienced was the portion where we learned about each part of the venture concept. If I ever actually wanted to start a business it would give me a good way to be able to plan it.
   Remember for Years: I think I will constantly remember to find opportunities in my everyday life. If I wanna create something useful to become successful, I've got to constantly pay attention to the problems that occur while figuring out how to fix them.
   Most Joyous: I liked the reading reflections because it allowed me to learn about different entrepreneurs and mindsets to incorporate. I've always wanted to read more and having assignments based off of readings allowed me to do just that without making excuses.
   Most Proud of: I am most proud of the elevator pitches because that was something I hadn't done before. Being recorded usually makes me nervous, but I tried to show a confident side of myself as if I was actually trying to convince people to

Entrepreneurial Mindset
In all honesty, I do not see myself as an actual entrepreneur yet. But, I do see myself growing towards one. Now, I try to look at daily life in a different perspective by trying to understand how and why people have he problems that they do. I also realized how important planning is whether it be days, weeks, months, or years.

Recommendation
I can not stress enough how important time management is. Without time management, everything (not just school) becomes so much harder. Planning things and sticking to it helps so much to decrease any last minute stress at all.

Friday, July 26, 2019

Assignment 28A - Exit Strategy

Exit Strategy
   This organization was never meant to be a short term thing for me. With the direction are government has been going in, this business is supposed to be a long term establishment. I want it to continue to expand and make it a norm for our country. I would love to be able to work on this for a lifetime and pass it onto my children if they do share the same passion to help others. As long as immigration continues to occur, and the laws that go with it continue to be enforced, I want my facilities to still exist.

Why
   I chose this because I feel the opportunity will be open for a long time, if not forever. If I can just pass on the rights to another relative who will share the same passion the facilities will continue to do what they were created for.

Influence Decisions
   All my decisions have been made based off the assumption that the business will be here for the unforeseeable future. My step by step process always seems to include another opportunity at growing whether it be with more employees, volunteers, or facilities themselves.

Assignment 27A - Reading Reflection #3

Thinking, Fast and Slow, Daniel Kahneman

General Theme: This book was about the fight between the two systems in the brain, conscious and automatic, that we need to learn to use to benefit us rather than allowing them to create errors.

Connect and Enhance ENT3003: Some of the assignments in this class seem really simple at first glance. But it is obvious that some people have rushed through them because they don't always understand the actual meaning of them. Sometimes they miss the actual question that needs to be answered because their brains convince them so quickly otherwise. I now see questions more thoroughly and like to make sure I am actually making the point the professor expected.

An Exercise Based on Book:  I would ask students complex questions that wouldn't be easily answered at first glance. I would have them give a brief explanation as to why they got the answer. Then, I would not provide an answer key to the questions till after. Once they have their "ohhh" moment, I would have them reflect on what key pieces they missed in the question that steered them in the wrong direction and how to avoid the same mistake next time.

Biggest Surprise:  I couldn't believe that we don't usually use our brain in its entirety. It is more of a conditioned thing to use more of the skills your brain has but won't do. You have to know how to focus to change your brain from doing its automatic thoughts because that is how it gets tricked.

Assignment 26A - Celebrating Failure

My Failure
   This semester I've actually failed on multiple quizzes, or "cupcakes." This is obviously because I either didn't take the content seriously, or didn't utilize it at all. Whenever I do this, I assume I will just get lucky by guessing, but obviously that isn't the case.

What I Learned
   I learned that if I want a specific outcome out of anything, I need to put the actual work in for it. In this case, the effort is simply watching the lectures in their entirety. But, in anything, you have to put 100% if you want to see that great outcome you envision.

Reflection
   Before, I used to take failure and dwell on it. Now, instead of just sulking on it, I just try to bounce back. To do this, I plan exactly what I need to do in order to not cause the same outcome. This class really has allowed me to take more risks without being too careful in deciding to. Taking risks lead to way less regrets and creating "what if" scenarios. I've taken a new "go for it" mindset instead.

Friday, July 19, 2019

Assignment 24A - Venture Concept #1

Opportunity

  • Who:
    • The who in this organization is obvious. I've focused on the immigrant children who have and continue to be shoved into the current facilities America has set up. Those
  • Forces:
    • This opportunity has always been somewhat existing. Immigrants were always coming over illegally and being detained, but the rapid growth has been caused by the take over of the Trump administration. Since they've risen to power, the government has become very harsh on immigrants and taking it more seriously with raids capturing many of them. Because of this, the current facilities weren't built for this abundance and are being overfilled. 
  • Geographic / Demographic:
    • Geographically, these facilities would be needed in the outer states where most immigrants come to. These states include mainly California, Florida, Texas, and New York. Demographically speaking, it mainly be those who aren't native to the country. But, when speaking on raising the financial capital it would include just about any demographic.
  • Current Satisfaction & Loyalty:
    • Right now, there are no other facilities to satisfy this need. For this reason, immigrants continue to struggle, suffer, and in some cases pass away. Loyalty does not completely apply as they don't have a choice. There are many organizations who push to support immigrants, protest for them, and protect them, but none have tried to create facilities like this one wants to. 
  • SIZE of Opportunity:
    • This opportunity is actually huge. This would pulling off what people have thought and wished they could assist by doing, but never had the nerve to. It is going against what the government sees as "good enough" and making it more manageable.
  • Time:
    • As long as the raids continue and the immigration laws get tighter, this opportunity will last open. It won't change until the government realizes the number of deaths is too many to begin with. 

Innovation

  • What it IS: 
    • This is a temporary LIVING. When I say living, I put it in place of suffering. That is what is happening every single day to those children who have been shoved into this reality that doesn't even seem worth living for. A place where they smell toxicity, see people sick, and lay so close to one another. My organization looks to change suffering to temporary living. A place that makes it impossible to escape, but won't even need to. A place where there is no possibility of watching a fellow prisoner rotting away to death. A place where there is food, bed, and a shower. Filled with essentials such as water and meals. 
  • What it DOES:
    • I've created this to stop death. Young children no longer have to fend for themselves as if they were abandoned in a wilderness. It allows those with immigrant families to continue living without worry of their suffering family members who were captured. The number of deaths would decrease and the hope is to completely come to an end.
  • What it COSTs:
    • The cost is a couple bucks a person. Anything ranging from $1 to hundreds to thousands, the possibilities are endless. No matter how much a person donates anything will be helpful. If thousands of people donated a couple bucks we'd be further than the starting balance of 0.

Venture Concept

  • Reasons to Support and the Difficulty:
    • It would be easier to convince the general public of this organization because there aren't really any other options at this time. There also isn't a specific limit to the help they can give. They could give as little as they can, as much as they want, or simply spend their time volunteering. If they want to truly make an actual tangible difference, this would be the only way to do it.
  • Competitors and Weaknesses:
    • There is really no reason to need to compete. No need to show this company is better than another because there are no other organizations that have pushed for this. Sure, they protest for better or more facilities, but none have thought of simply creating their own with limitations. The only possible weakness would be the slow growth of funds. If this does not catch the attention as expected from social media it could be a long time before a specific goal is reached to even build a facility. Without a facility in the first place the organization will not be anything yet. 
  • Organization and Roles:
    • The organization, as previously stated, will be a nonprofit. It will rely on government support and the funds raised from donations. The employees will begin as volunteers. It will not be hard to find these volunteers as there are already individuals volunteering in other organizations I choose to combine with. They will be those who brainstorm, who clean the facilities, who cook, and deal with the paperwork. After months of serious growth, the government would allow for salaries for these employees. If the first facility does not happen, the entire business will crumble and it is the most important role.
Minor Elements
  • Most Important Resource:
    • Human Capital is the MOST important resource. Without those who bring in ideas the entire concept can't be created. Without those who develop websites, there will be no means of maintaining the funds in an easy way. Without those who volunteer to maintain the facilities, the same chaos in the current facilities will also occur. Without the people the organization would be impossible.
  • What's Next:
    • The next step is the meeting with those from different organizations. This is the main ingredient to the beginning of change. My own ideas won't be enough. There needs to be certain experiences I haven't had mixed into the conversation. There are those whp have seen things I haven't seen myself. The meeting will kickstart it in a way that will seem thorough and detailed because of careful consideration from different directions.
  • Next for Me:
    • In 5 years, I would want at least 2 new facilities. This may seem like a small change but it would make a big difference to those children who had to already experience the previous conditions. In a decade, I want my facilities to be a common know solution to those immigrants who have been captured. I want to expand to not just children but to people of all ages. This way, families wouldn't need to separate at all.

Assignment 25A - What's Next?

Existing Market
   My very first step would be to set a team. The members will include different leaders of those existing nonprofit organizations that already support or assist immigrants. We will all input our own ideas and experiences and blend them together to come up with the best way to organize this nonprofit. Next, I would gather groups of people from these organizations to begin assisting as volunteers who would later get paid after the business has kicked off.
   The important part would be gaining the funds. I would need a team to create and develop a website for the company. This is a major step because it is what will make the entire organization survive. By having a shareable link, it makes the lengths of growth unstoppable. Having these volunteers devoted to sharing this with social media or friends and family will be a key point in growth. This is where the sympathetic and empathetic general population will begin to take notice. This market won't include any wealthy or famous individuals because it will not be known enough to get their attention just yet.
   Once the first goal of financial capital is reached, the construction and development of the very first facilities will be in full swing. I probably will place this first one on the California border because that is where most of the immigrants come into. Once we are able to process a couple of the children into it, many will see the difference quickly.
New Market
   My first step to success with the wealthy investor market is improving my pitch to the best of my ability. I would need to search for feedback in ways that I haven't before. This is no surprise, but it would be a difficult step. I would need to be completely comfortable with being criticized constructively and being rejected. It has to be convincing enough that someone who has heard many different ideas and business plans, that they would see the potential in this opportunity. Instead of convincing them to make more money, it would have to pull at the heart strings and give them a sense of satisfaction for helping those who don't have what they are lucky enough to have.
   This new market is something I want my organization to get to eventually, but it isn't something I plan on doing in the very beginning. I expected it to feel much easier because of how passionate I am about the issue, but not everyone will feel the same. It needs to be articulated in a way that will show the benefits that will come that obviously don't include a profit.