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Final Reflection

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Final Reflection Looking back upon this semester and what has happened over the course of this class I can honestly say that this was helpful. It was not reality shifting or life changing in ay way, but it was helpful. Whether through this class or other events this semester I clarified some of my own principles and managed to develop a skeletal structure for a possible future venture. I had a lot of trouble with the videos in particular and I have learned that, even if I do not have the technical skill and equipment to o something of reasonable quality, I should do it anyway. I am too quick to abandon even attempting something if I cannot do it to my prefered quality. Ultimately I would say that I learned a few things in this class. Nothing this semester really sticks out too much as a formative experience or a particularly joyous experience. I will say that the experience most likely to seriously impact me in the future is the venture concepts. These brought together much of ...
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Venture Concept No. 2 Opportunity: Healthcare in the U.S. is an unmet or undermet need for the vast majority of people. And even those that have nothing to fear in terms of healthcare could still benefit from a cheaper option . It is also important to note that the elderly, even with the benefit of Medicare, are facing mounting healthcare problems as the system fails to adapt to new realities. As such the potential customers are all Americans, even the wealthiest or those on medicare/medicaid. Some potential customers will need this more than others, but the customer base can only be restricted artificially so long as the service proves more cost effective than its competitors. This opportunity primarily exists, not as a result of changes in the market, but because there are no sufficient changes in the market . Those that are particularly vulnerable live in poorer areas, especially rural and in the more conservative states. Also vulnerable ae the elderly because of the ...
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Your Exit Strategy

Your Exit Strategy My intention is neither to keep any venture in the family, sell it, nor even hold on until i retire. My intention is to set the venture on the right path from the beginning and then scede my place, not to some board of directors and their ceo who will undoubtedly pursue short term profits to the ventures untimely end. My exit strategy is to leave all the systems in place to ensure a steady line of succession wherein each leader of the company chooses their successor (a choice that must be agreed to by the rest of the upper level executives, whose own successors will go through a similar process). Such a system ensures that the corps philosophy of the company will not shift radically over time and that it will maintain a uniform long term strategy resistant to system shocks. The company that succeeds is the one that steadily improves without only reacting to its competitors. I have no interest in money, power or status as anything other than tools for achievin...
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Reading Reflection No. 3

Reading Reflection No. 3 “The Long Tail; Why the future of business is selling less of more.” The theme of this book is the insight that, thanks to digitized marketing, it is now possible to make a great deal of money selling to very niche markets. In my direct experience this has been borne out by the incredible success of Indie titles on Steam. Thanks to the online marketplace it is now possible to sell a product in so many markets that all it takes is one percent of the population buying it to make a profit. The success of Cuphead as opposed to the recent and spectacular debacle that is BF II EA tm. Further proves the author's point that the real money is in selling a lot of niche products directly to their market regardless of distance. This book points out the importance of specialization to any new entrepreneur, especially if you're good or service can be effectively sold across any distance online. This book makes the point that, in today’s truly global market...
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Celebrating Failure

Celebrating Failure Of (little) Brothers and Brunches I have been pretty serious up till this point, but it's coming upon the holiday season so I am going to interject some levity. I have been, thus far without success, attempting to convince my younger brother to eat his food within a reasonable time-frame. He has been left in my charge for the past few months (partly responsible for why I am taking online only classes this semester) and I spent a little over a week as his sole supervisor for much of the day. During this time I was frustrated constantly with the fact that he refused to eat his food in under an hour. This became particularly salient when I was the one doing the cooking. Watching as food I had spent half an hour preparing to my best ability (pretty darn good if I don't say so myself) goes uneaten for three hours is not a pleasant experience. Add to this the fact that he had a tendency of procrastinating on his FLVS class work and I clearly could not allow ...
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What’s Next?

What’s Next? Existing Market: Based on feedback, what seems to make sense for growth in the existing market is to start with making allies among business and political elites. Marketing as a solution to partisan bickering that all sides can find palatable is essential. The single greatest threat to this venture is stifling regulation at either the state or federal level, preempting this by making well placed allies will prove invaluable to long term success. Any existing legislation and regulations that stand in the way will also need to be removed, making it all the more important to drum up support within the government. Naturally this will also require significant popular support, gaining the support of well known and respected persons that can help to bring the idea before the public will be even more essential than acquiring legislative and regulatory support. Once the necessary support has been drummed up it will be necessary to get the administrative resources in place ...
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Venture Concept No. 1

Venture Concept No. 1 Opportunity: Healthcare in the U.S. is an unmet or undermet need for the vast majority of people. And even those that have nothing to fear in terms of healthcare could still benefit from a cheaper option . It is also important to note that the elderly, even with the benefit of Medicare, are facing mounting healthcare problems as the system fails to adapt to new realities. As such the potential customers are all Americans, even the wealthiest or those on medicare/medicaid. Some potential customers will need this more than others, but the customer base can only be restricted artificially so long as the service proves more cost effective than its competitors. This opportunity primarily exists, not as a result of changes in the market, but because there are no sufficient changes in the market . Those that are particularly vulnerable live in poorer areas, especially rural and in the more conservative states. Also vulnerable ae the elderly because of the incre...
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