ENT3003 Entrepreneurship Blog

1)  Nick: Hedge Fund Analyst, Investor. Nick is also my brother. Ben: Medical resident, also in the USAF. Ben is also my brother. Dixon: Retired UF Shands surgeon. Dixon was the chair of the Pediatric Urology department at UF, and one of the first Pediatric Urologists in the country. He is also an investor and a distinguished researcher.  2)  Nick: Market Expert Ben: Business Expert Dixon: Market Expert 3) All three of these people are in my family. Dixon is my grandfather. I count all of them as part of my "personal board of directors". 4) We are very close as a family. We often offer or solicited each other for advice in all matters related to business and finances. 5) Having this group around me as advisers helps me to constantly evaluate and check my thinking and logic. They see issues from perspectives that I do not see them. This experience was quite easy because I already had all these individuals in my roledex. After all, they are family m...

1)  You.  I come from a town with lots of retirees and pensioners. I love business, finance and corporate development. I want to develope a solution for long-term elder care that is reliable, accessible and high-quality. 2)  What are you offering to customers?  I will solve my customers care by offering a flexible  solution, that can be financed with long-term fixed assets. This solves the problem of long-term care and how to pay for it. 3)  Who are you offering it to?  People between the ages of 60-80 who with a diverse range of long-term care needs and who have most of their net worth tied up in hard, fixed assets like real-estate, their primary residence or a small business. 4)  Why do they care?  My company offers a solutions which is not currently available. It is flexible in both it's offering as well as it's payment. 5)  What are your core competencies?  I think I have a great leadership and analytical abilities. Add...

18A – Create a Customer Avatar My Avatar: My Avatar is approximately 55 years old. They are semi-retired, and are looking forward to full retirement by the time they turn 60. They are upper-middle class socio-economically and have save diligently into retirement accounts. They moved from the city to the suburbs in the when they were in their 30's, and have since payed their house off. As a result, a large portion of their net worth is invested into their primary residence. They have several kids and multiple grand kids who they want to spend more time with in retirement. Their hope is to be able to live near family until they die. Both they and their spouse are healthy for their age- they walk daily and don't have any major health issues. What I have in common is that my avatar is very similar to my own relatives in this age group. I don't think this is a coincidence- this type of customer is what gave me the idea for my business.

2) I didn't get much feedback on my last pitch, but I tried my best to apply what I heard. One of the things I was told was to improve my tone, and to avoid being monotone. Because I'm introverted, this is something which doesn't come naturally in front of a camera. I didn't receive any advice which was unusual or out of place. 3) In light of the feedback I received, I tried to focus on improving my tone and my pacing.