25A – What’s Next?

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.     One radically different market I could try to tackle is consumers instead of businesses, by providing the same service but simply for neighborhoods or even houses. I could aim to expand homes and create projects that use the space better and attract people.

2.     I believe this could create value for people in the marker because everyone wants to be proud of their own living space and feel safe and clean there. If I were to enhance locations by using a price point that is reasonable and maybe even low cost with proper planning, I believe people would be interested in creating a better living space for themselves.

3.     Once I explained the concept to two people, I was given some really great feedback and ideas! The first girl said I can go about meeting new customers by potentially working with real estate businesses and offering to enhance neighborhoods and houses so that they would be more desirable to prospective buyers. The second guy believes I should stick with my first idea of constructing on larger scale projects so that I can be more profitable. Both of them would like me to outline better everything that is potentially offered by my venture, such as what types of constructing and enhancement I would be offering.

4.     Upon looking back at all of the feedback I received about the new market, I have decided that I am even more excited about my initial idea than I was in the first place. To begin with, I was stuck deciding which ways I could possibly grow after constructing a library for UF’s campus, however taking with different people a and taking the time to brainstorm has provided me with dozens of opportunities. If I got to a point where I was running a large scale construction venture, I would be able to penetrate a wide spectrum of markets, ranging from Universities, to neighborhoods, to real estate agencies! While the Universities seem to be a more attractive market to me, I think over time I may be able to expand into many more places as well.