NikkiShumanENT3003

1.) Venture Concept Opportunity. As a University student myself, it is easier to identify and to tune into certain needs that exist on campus and in a student’s day-to-day life. There has been a need that I have noticed is shared by many University students, and this need became apparent to me over the course of my 3 years as a student here. Listening to the complaints of others and relating to these complaints myself has helped me to realize that there is a need for more space on campus- specifically in the libraries. Since the market is comprised mostly of university students, the demographics are in line with the population of UF students. This includes both males and females from a wide range of races and backgrounds; primarily ages between 18-22. There is a large window of opportunity currently open, and it will remain open until the need is satisfied. Currently, however, there is nothing being done to satisfy this issue, and it is being resolved by students as students ...

1. Initially, when I started this project in the beginning of the class, my only idea was to create a new library for the University of Florida. As the class has continued, I started to come up with more and more ideas about what I could do to evolve this idea into an actual company. For this reason, I can see myself continuing in this business for several years, many even decades, and then retiring and selling the company. 2. I've selected this particular strategy since I think there is more room to grow, as I can develop my idea from simply creating a new building to making several new buildings for campuses around the world. I could also start to do several other tasks that may enhance Universities in many other ways. With that being said, I feel as though there is a market that has plenty of room to be explored and I can potentially go pretty far with it. 3. I don't feel as though my exit strategy has impacted my decisions, but that instead my decisions have influenced by...

1) What was the general theme or argument of the book?  The book I chose for this assignment is "Mindset: The New Psychology of Success" by Carol Dweck. The general argument of this book is that the mindset you have plays an extremely important role in your success. Dweck explains the difference between a fixed mindset and a growth mindset, and whichever one you choose impacts how you deal with situations and improve.  2) How did the book, in your opinion, connect with and enhance what you are learning in ENT 3003? I feel as though the book connected with the material we have learned in class since you should be opening your mind to criticism, critique, and feedback throughout the entire length of the course. The book says those with a fixed mindset believe they are naturally good at everything and simply correct, while those with a growth mindset believe that they can achieve anything if they work hard enough and work. In entrepreneurship, if you simply pitch an idea...

1. This semester, I failed pretty hard in the same area that has scarred many before me: Business Finance. Going into it, I thought that I would be able to go against the odds and ace the class, however I was humbled pretty easily by the first exam. After many long nights in the library and plenty of blood, sweat, and tears, I ended up doing pretty poorly on the first exam. The second exam was said to be the easiest, and I managed to score an 80%. However now I am on my way towards the final and most difficult exam. 2. I've learned quite a bit from my failures this semester. To begin with, there are some things in life that you work for that you are simply not going to get so easily, no matter how familiar you are with getting what you want on the usual. In this case, I have never struggled significantly with a class and doing so for the first time made me realize that. Despite how disappointing that sounds, it is actually an useful lesson to learn, because it gives you a reason t...

Existing Market 1.      What’s next? More construction and enhancement of new campuses. 2.      I interviewed 3 University students that I met on campus earlier this week, and I explained to each of them the nature of my venture. Two of them gave me the idea that I should remain paired with the University and try to expand and conduct more projects here. The other person advised that I should research more about trying to incorporate more sustainability related construction. 3.      While remaining partnered with UF would be nice and possibly productive, in the long run I would love to partner with even more Universities and give myself a chance to grow. So in this way, I am accepting the advice of those I interviewed but taking it a step further. As far as sustainability goes, I think that would be a great idea that would possibly set me apart from any competition I may have in the future. New Market 1.  ...

In a University as diverse and large as University of Florida, there are bound to be opportunities for growth and entrepreneurship. These opportunities start with a need, and upon observing life at the University it is clear that there is a need for more space to study on campus. This need is felt throughout almost all of the University students.             The nature of the need is that it is one that is extremely pressing at certain times, and simply desired at other times. For example, on an average day at the university, the libraries tend to be pretty full, however you can still manage to find some space if you spend some time looking. The need becomes exacerbated during high-demand periods such as exam week and it becomes impossible, or nearly impossible, to find open space on campus.             This opportunity is huge for individuals who plan to expand the campus...