Chris's Entrepreneurship Journey

I really enjoyed this process and honestly thought it was great class. The reason for this is that college has a lot classes that don’t apply to the real world. I think that this class actually offered things to think and reflect about especially in the field of business. I think that a lot of other classes just offer repetitive information that kids buy smoking notes for, study for a few days, and then after passing tests and just forget the information. I think that you learn skills for the world by going into the world and at least this course asked us to do that. What sticks out the most about this experience is actually getting to sit down and write out the concept ad plan about a product. It may not be a product a may actually use but I will definitely use this same process with whatever I do decide to pursue my next process. I am the most proud for actually going and calling people to ask for what they think about my product which offered a method for figurin...

Opportunity The forces or changes in the environment are the changes in the food industry as far as people starting to care more about where their food is coming from and the treatment of animals. I also feel like over the years and the Earth population and pollution increasing, fresh vegetables maybe harder to get. I feel like the market would be made up of wealthier people who tend to have money to adjust their diet how they please. If you shop at whole foods and can get expensive organic foods you most likely have more money and time. Customers are currently meeting their needs by shopping at places that sell fresh vegetables or if they have the space, time, and conditions, they can plant a garden. They may be loyal to these practices but my garden would be cheaper and easier to manage. This opportunity is really not that big but with the right price point there might be a small niche I could make money in. I think this window of opportunity will continue to on...

If I was doing very well I would plan on selling my business when I approach 10 years but if I could see that my profits were starting to decline by year 5 I would sell it easily. The reason for this is because when I sell it that money will only last but for so long but if I am able to make money as my full time job I would build my money for as many years as I could. When the right offer came by I would sell it, retire, and take my wife to go see the world because I hate traveling but she is obsessed with it. If I made a ton of money I would be willing to give to a family room or my kid but if was just a trend that would soon die I would sell it and just set them up a college fund. I have chose this exit strategy because being rich is money that is temporarily in your possession while wealth is money that is coming constantly that will keep your financial position. I want to be okay financially until I die so I will keep my business for as long as it is thriving a...