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August 28, 2018

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Assignment 5 - Identifying Local Opportunities

"Hunger in Alachua County is real, but groups work to help" Link: https://infoweb.newsbank.com/apps/news/document-view?p=WORLDNEWS&t=pubname%3AGSGB%21Gainesville%2BSun%252C%2BThe%2B%2528FL%2529/year%3A2018%212018/mody%3A0912%21September%2B12&f=advanced&action=browse&format=text&docref=news/16E6DD37CC0122A8 This article talks about an ongoing issue in Alachua County: the surprising amount of people who are going without food. This article includes commentary from CEO's of companies created with the goal of helping the hungry. Overall, the sentiment of these CEO's is that people are not aware of the lack of access to food. However, Karen Woolfstead (development and communication director at Bread of the Mighty, a company devoted to helping the food crisis) stated that the issue was not a lack of food, but that some people have no way to access this food. People may be unable to transport themselves to the food locations, or even be aware of locati...

Assignment 30 - Final Reflection

What sticks out to you as the most formative experience? The experience that you'll remember years later? What was your most joyous experience? What experience are you most proud of yourself for accomplishing? I believe that the different ways I gained knowledge about my opportunities (through the use of interviews, calling suppliers, etc.) has formed me into having more of an entrepreneurial mindset. It has made me more confident in my speaking ability (related to businesses), and more knowledgeable about that specific idea. My most joyous experience was recording the elevator pitches, as I got to see myself improve in technique and speaking ability. I am proud of myself for coming up with what I consider a strong business plan. At the beginning of the semester, I mentioned that I wanted each of you to develop an entrepreneurial mindset. Now, at the end, do you see yourself as an entrepreneur? Do you think you have moved closer to developing an entrepreneurial ...

Assignment 28 - Your Exit Strategy

My exit strategy would be to possibly sell/license this technology to either a 3rd party organization (maybe those who develop parking for stadiums / high traffic areas) so that they could utilize the technology to help bring people to there parking spots. This would occur after hopefully having run the business successfully at UF, and then scaling up each year. I would expand to more and more universities, hopefully bringing in a large profit and making a name for the service. I think that, given the right work, it could grow into a service which would be very profitable and worth a good amount of money to those who are in the parking/transportation industry. I have selected this strategy as it is one which would provide me with a good amount of money, if I am being honest. I can't say that "having a parking service" is a passion of mine, so I would definitely want to use the money to move onto other business industries and trying new things. I think that my desired ...

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