This is a test post for the blog I am constructing for ENC3003: Principles of Entrepreneurship.

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29A – Venture Concept No. 2

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1) Venture Concept Opportunity America, and the world, has an aging population. As birth rates in the U.S. decline, we are edging closer and closer to an economy with characteristics similar to countries like Japan, where the average age is 47. In the U.S., the average age is approximately 38, but that ticks higher every year. As our population grows gradually lower, our economy undergoes fundamental changes. We can look at Japan for an example of this sort of change. As the number of retirees rises and the number of workers falls, to things happen. First, selling pressure from retirees keeps stocks lower. Moreover, the country as a whole becomes less productive, as a smaller and smaller portion of the country support the remaining population. How has this worked out in Japan? Very similar to what is described above- Japan’s stock market has been stagnant for decades, the value of their currency has declined and their status on the world stage has shrunk. How does this apply to pe...
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21A – Reading Reflection No. 2

Reading: How to Fail at Almost Everything and Still win Big  by Scott Adams 1) What was the general theme or argument of the book?  The general theme is to not think of failure as failure, but to see it as a learning opportunity. As cliche as that sounds, Scott Adam's brings depth to the discussion by emphasizing how we need to recognize failure as an essential rung on the ladder to eventual success. 2) How did the book, in your opinion, connect with and enhance what you are learning in ENT 3003? Many people have misconceptions about what an entrepreneur is, and what you need to do to become an entrepreneur. Similarly, Scott Adams addresses many of the misconceptions associated with success, and what it takes to achieve success. 3) If you had to design an exercise for this class, based on the book you read, what would that exercise involve? I would p robably have students design  a "life model", where people chart out on a straight line a timeline of what they wan...
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Elevator Pitch No. 3

1) In my last pitch, I talked to fast and didn't communicate my product super effectively. 2) I slowed my speech and made it much shorter. My product is hard to understand for some consumers, and it does more harm than good to try to explain it in 90 seconds. For this reason, I decided to try to relate my product directly to the current volatile environment, in an effort to connect emotionally with my customer.
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