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Showing posts from September, 2018
9A – Testing the Hypothesis, Part 2
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In my previous assignment, I identified the problem as having beard hair all over the sink when men were finished trimming their beard. The opportunity is to for some device to not allow for fallen beard hair to go all over the bathroom sink and counter. 3 out of the 5 people that I spoke to dealt with this issue and wished there was a better solution to the problem. They did not like dealing with the issue of having beard hair all over the sink and counter. Who: There many people that share a lot in common with those in the opportunity but still fall outside of the boundary. One of the people I interviewed knows many people who deal with this issue, including her boyfriend. However, she does not stay at her boyfriends enough to find this an issue to deal with on a regular basis. Similar to this, there may be many women that do see this as an issue, but not personally deal with it enough to care. What: The point of indifference is dependent on the amount of interaction with the is...
8A – Solving The Problem
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The solution that I have to this problem is a product that is made to collect fallen beard trimmings. it is made of the same material as the covers that barbers use on their clients to keep hair off of them. This material will have velcro on one side and will be able to close on one end around the users neck. The other two ends to the rectangle of material will have sticky ends that stick to any mirror. This is a very portable product that takes little space when folder, and is reusable, making it environment-friendly. I intend on selling this product to everyone who trims beards and to people who live with members of their household who trim beards. I envision this to be the next big bathroom necessity for men who trim beards. Along with the trimmer itself, this should be just as important. In the future, I can even see bundle packs which include a trimmer and one of these products in one, which would be a part of a licensing deal.
7A – Testing the Hypothesis, Part 1
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An opportunity I'd like to pursue is to do something about the messiness of trimming beards in the bathroom. Men who trim their beards in the sink end up getting their facial hair all over the sink and counter and it can be hard to clean. Who: Men who trim beards What: Men trim beards and the hair gets all over the sink Why: This is an issue because the hair can be a nuisance and hard to clean up My hypothesis about this opportunity is that if me have a beard that they regularly trim, then they will have the issue of having to clean their beard hair very frequently. Interview 1: Adam C. - college student Adam says that he does not trim, he shaves his face almost everyday so he does not personally see this issue. However, having to live with people who maintain and trim beards, and after experiencing sharing a bathroom with them for a school year, he sees how this is a problem. He does not like how he used to see the beard hair all over the counters every morning. Adam doe...
Identifying Opportunities in Economic & Regulatory Trends
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Economic Trends (a) where you found it (i.e., what the source of the information was that led you to form the belief about an opportunity), (b), what leads you to believe that this information suggests an opportunity might exist, (c) who do you think is most likely to be the customer with the opportunity (i.e., the prototypical customer), and (d) is the opportunity relatively easy or relatively difficult to exploit, and why do you think so? What I'm asking you is: if more than one person can see the same piece of information that you saw, why did you form the belief that an opportunity exists when another individual might not form such a belief. Is there something in your experience, work history, emotions, attitudes, and desires that helped you find this opportunity? Please describe this for each of the four opportunities you have identified. Regulatory Changes 1. " Turkish President Calls for Boycott of U.S. Electronics Including the iPhone" The source...
Identifying Local Opportunities - Orlando Sentinel
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1. " Disney tourist turns to court for more on scooter injury" https://infoweb.newsbank.com/apps/news/openurl?ctx_ver=z39.88-2004&rft_id=info%3Asid/infoweb.newsbank.com&svc_dat=WORLDNEWS&req_dat=0D0CB57BE7FF6D8A&rft_val_format=info%3Aofi/fmt%3Akev%3Amtx%3Actx&rft_dat=document_id%3Anews%252F16E6931B703B9478 A Disney tourist, Shirley Aydell, was hit by a scooter while shopping and she fractured her ankle. The surgery required her to get a plate and screws in her ankle. She wants Disney to provide her with surveillance footage, but received few details. Her attorney reached out to Disney and was refused the footage. She wanted information including incident reports and and witness' contact information. The problem is that Disney is not acknowledging the incident the way they should, and their lack of response to Aydell effects her. Disney tourists are experiencing this problem because of Disney, as there are many other tourists who face the issue of a...
Forming an Opportunity Belief
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My Belief: My belief is that an opportunity exists with informing students on how busy libraries are. Specifically, how many seats are occupied on each floor of the library. The unmet need is the information of how many seats are available on each floor of the library, which equates to how busy the library is. All students who study on campus deal with the issue of finding study space and need this. This is something that has always been needed because of the need to do work in a productive way. When I am in the library at a busy time, I always see people walking around looking for a seat and table to study at. Sometimes, I spend quite a bit time walking around to find a place to study, and at times I even need to leave if I absolutely cannot find any space. If I know about the availability of study space in the library to begin with, I am able to better judge if I should go there to study or not. Furthermore, if I know how busy each floor is before entering the library, I do not nee...
My Entrepreneurship Story
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Throughout my life, I have been exposed to entrepreneurs and their thought processes. Since I was a child, my parents and grandparents had convenience stores that they used to run. As I got older, my dad got into real estate and is now a real estate broker. Considering that he has always been an owner of a business and someone who has control over how much he works, I have always been surrounded by business and entrepreneurship. Through my exposure to my family businesses, I feel that an entrepreneur needs to have a special skill set that allows them to think a certain way. I learned that it is important to observe and question everything, and analytical skills are crucial in order to understand the need of people and how to deliver that need through a business, as well as how to improve the business and consumer products and services. The picture I have attached is the logo of my dad's real estate agency. I enrolled in ENT3003 to get a more official guide to entrepreneurship ...
Bug List
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1. When friends make plans and then cancel last minute. Why: Maybe they get busy or they make other plans that are more important. 2. When my roommate sings in the shower and wakes me up in the mornings Why: I think he just gets really bored in the shower and does not realize how loud he is in the mornings when he wakes up and showers. 3. People not showering after using the gym or going something where they excessively sweat. Why: Sometimes, people get lazy to shower, especially if they know they have to shower later in the day. Or, the sweat dries up and they forget that they need to shower. 4. When group mates do not pull their weight in group projects. Why: This one is huge. Some people think if there is one or two people who know what to do that they are the only ones who need to do the work, but it is indeed not fair as everyone has other work to complete. 5. People not cleaning their dishes after they are done using them. Why: I am guilty of this, it is nonetheless ...