Jordan_is_an_Entrepreneur

30A This semester I had a few moments where I dreaded doing the assignments for this class and did not want to comment on another student’s post before Monday. I think that the most formative experience was when I had to explain who wanted my product. Before I had always just thought of what my product was and how to make it. I never had worried about the success of other people buying it. This made me realize that it may be harder than I expected to convince businesses to use my product.                        In 10 years, I will still vividly remember the face of a close friend when I told her that bamboo straws were the future. She looked at me like I was crazy. And maybe I am, but I truly believe that this could be the next big thing. My most joyous experience would be when my friends and family had to record the interviews about me. This was a great confidence boost and re...

27A- Biography/Autobiography Miracles Happen, Mary Kay Ash 1.       In reading about the entrepreneur one quote stuck with me that was truly surprising. She says, “God first, family second, career third.” This statement, while short, can leave a lasting impact on the priorities of an entrepreneur. When Mary Kay says this, she makes it clear that, while high on her priorities, a career shouldn’t be more important than family or your faith. This is what I admired most about the entrepreneur as well. Someone who can put their faith above their venture is truly what I want to model myself after. I did not admire that she used other women as the salespeople of her company without employing them. This is not really fair because she is essentially employing them without providing them the benefits of employment. Mary Kay Ash encountered many trials before starting her own company, such as unappreciative supervisors and unreceived promotions. To combat these, she ...

·         I do not plan to run my business and attend an office job every day. I wouldn’t necessarily want to sell my business though. Ideally I would like to build it to the point where I could hire people to manage and run the business while I profit from the returns and can have the freedom to do what I want without the stress of the business stress. Not selling it means that I can profit of the sales for as long as the company is in business not just the price which I sell it for. ·         I selected this because I have never been the type of person who likes to work. I want to live free of any stress and responsibilities and have the freedom to travel when I want and raise my children as an involved parent. This business is not something I want to keep in my family for years, but rather have as a form of passive income to support my family with. ·         I don’t ...

26A ·         This semester I did not necessarily fail a class or an exam but a goal I had set for myself. I had promised myself that I would not fall behind in my online classes and be scrambling for exams like I did last semester. By coming to ENT in person and watching my elective livestreamed I was mostly on top of it until my social schedule and sorority friends limited me from watching the 5 hours of economics lectures that were assigned every week. By the time spring break had finished I had over 30 hours of lectures that I needed to catch up on in 1 week for the upcoming exam. I feel like I had failed myself and fallen back into bad habits that led to my unsatisfactory grade last semester. ·         I learned that while a busy social schedule is fun and good for your happiness, choosing to put social or sorority life above your goals and the time required for your classes is never the correct ch...

25A What’s next?                I think that the next step for my company, based on the success of my bamboo straws, would be something that further helps replace paper straws, but rather in higher end restaurants. This would be a straw that would function like a utensil and be put in the dishwasher and reused for each customer.   Interviews **Corona Prevented** Existing Market Reflection Although I was not able to interview or get ahold of interviewees due to the pandemic. I did ask friends and family what they thought of my market. The main answer I got was that while this does provide a solution, no one is going to change their restaurant choice because one has bamboo while the other has paper. This being said, I understood exactly how necessary a price would be in this market. My brother told me that I should make sure that businesses know my product is equally priced and ex...

24A Opportunity ·         New environmental protection movements have brought to light how environmentally damaging plastic is to our ecosystems, especially our oceans. The single use plastics are the greatest under fire because they are disposed of in great numbers and do not decompose, thus leaving trash to pollute the oceans and lands. ·         After a video emerged of a sea turtle having a straw stuck in its nostril, the push to stop the use of plastic straws was born. It began with the policy of not giving out straws unless asked, then to straw-less cups, and finally some cities have completely banned the distribution of plastic straws by restaurants and other straw serving establishments. With this came the implementation of paper straws in every restaurant, coffee shop, bar, and gas station. Paper straws were simply awful. They disintegrate in your drink and become limp and unable to bring d...