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Entrepreneurship Story


One time I was exposed to Entrepreneurship was this fall after joining my sorority. As a member of almost all panhellenic chapters, meal plans are included in dues and two meals a day are supplied at you chapter’s house. During the first exam week of the semester  a large number of sisters found themselves missing lunches and dinners because they were in exam reviews and studying. A sister who had a lighter schedule and a vehicle created a delivery service where other sisters paid to have their meals served into Tupperware and brought to their apartment or dorm or left in the community fridge at the house. This took little to no money to start and was simply a commitment of time she had a surplus of. It solved an issue that by specifically targeting the small group of individuals with the issue and was able to do so at a price point that the customers were easily willing to pay.
I joined this class not because I want to be an entrepreneur myself, but  rather because I would like to understand how other successful entrepreneurs formulate and solve the problems they are targeting. The amount of money that these famous entrepreneurs make by being the first to solve a large scale problem is astonishing to me. Learning this process would allow me to not necessarily mimic it but understand the opportunity.

Comments

  1. Max WintonFebruary 2, 2020 at 6:07 PM

    Hey Jordan,
    That seems like a really cool idea. I know a lot of friends that are in sororities struggle to make it to every meal because of their busy schedules. Having an option that lets them save the meals they miss as leftovers would definitely lighten the financial burden of having a meal plan. I can sympathize with your reasoning of joining this class. While I do not anticipate starting my own business venture, I hope to learn about the basic functions of a business and how they are started.

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  2. Samuel AckenineFebruary 2, 2020 at 7:30 PM

    Hey Jordan!
    I think that your sister is very clever and that she made the best of a great opportunity. I am in a fraternity and I definitely feel the struggle of not being able to make it to the house on time. That being said, I would surely use a service like your friends if it was available, all around a great idea. Furthermore, I really like your reasoning for joining the class. With that sort of attitude, you're sure to pick up a lot from the course and maybe take you one step closer to being an entrepreneur.
    Samuel Ackenine

    ReplyDelete
  3. JosePlasenciaFebruary 3, 2020 at 10:11 AM

    Hi Jordan,
    As a former busboy at a sorority house on campus, I have seen the problem you described firsthand. The girls would often come and ask me where their late plate was while I was cleaning up post-meals. They were often frustrated when I would tell them they were all gone or that there was no food leftover. As a college student, I understand how this can be bothersome because food is quite expensive and it is difficult to be spending money on it when there are meals you are missing out on but have already paid for. I personally never saw this problem as a business opportunity but I would commend your sister on her presence of mind to do something that would not only help out her friends, but also earn a profit herself. This is a very cool idea!

    ReplyDelete

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