Customer Interviews No. 1

Customer Interviews No. 1

1. I opportunity I decided to focus on was the fact that people tend to have to frequently go out and buy many similar items that they consistently use. The potential solution to this time suck could be an efficient subscription service through Walmart that at least could deliver their top most frequently bought products to their homes instead of requiring them to physically go out to buy these products.

2. The people who may need or take advantage of this service could really be anyone who frequently uses certain products like bread, soap, etc. Some people who might really benefit could be the busy individual who needs to be more time efficient.

5. I learned from this exercise that this opportunity probably would not be a very utilized one as most people seemed to not really be interested in the service. The opportunity also probably would not work as most people seemed to enjoy actually going to the store to purchase their products. Also, most people buy different things each time and not always the same products.

6. From actually interviewing customers, I learned that most people don't actually like being approached randomly and asked to be interviewed, even if it is for class. For the nice people that helped me out, I appreciate it and thank you!

From Youtube:
https://www.youtube.com/playlist?list=PLOPfO014gaS343eRDBu9duww0tbh0svJK

Week 4 Reading Reflection

Week 4 Reading Reflection 

 

1. What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?

     One of the biggest surprises to me from this reading was the side Entrepreneurship in Practice page. It discussed a program called Faith Popcorn that can predict major trends that it sees happening. I found the trends that it talked about very interesting and found it surprising that a program could accurately predict trends.

2.    Identify at least one part of the reading that was confusing to you?

Nothing in the reading was necessarily confusing.

3.    If you were able to ask two questions to the author, what would you ask? Why?

If I were able to ask the author some questions, I would ask him/her to elaborate on the recognizing relationships topic, and also; what are some good ways to develop your creative side?

4. Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?

I don’t think that it is always wise to follow the trends. Maybe for a short-term venture but if you are looking for a long-term business, I think that you could get in trouble if all you do is follow trends.

Top 5 World Problems

Top 5 World Problems

The Problem(s):

1.    World Economy.

This should be one of the top priorities for the countries around the world, as the economy plays a huge role in every problem that faces the world. 

2.    International Terrorism.

This is obviously another huge issue that the world has got to face. Innocent people are being killed because of individuals who don’t value human life. This will continue to destroy countries and will continue to add to the refuge crisis.

3.    Consumerism.

I think that consumerism is another significant problem. The over-spending and over-consumption that many people face today, leads to a multitude of issues: obesity, disease, etc.

4.    Human Trafficking.

Human trafficking is a horrible disgusting epidemic that the world should focus more on. This is somewhat of a shadowed world as the spotlight remains off of it.

5.    Overpopulation.

Overpopulation is an issue simply because of what it can eventually lead to. Overpopulation in any country in all of history proves to lead to problems.

The Solutions:

1.     Stop all the quantitative easing, let interest rates rise back to healthy historical levels, create jobs by taking away regulations and high taxes on the private sector, and cut down on government spending.

2.     Join up with other nations/countries to fight the terrorist organizations. Also, attempt to train the Middle Eastern soldiers and provide resources so that the fight can remain centralized, as well as keeps American soldiers out of harms way. This also will help to ensure that terrorist groups can’t quickly rise back up again.  

3.     Provide more healthy options at both fast food restaurant’s and in school cafeterias. Make fast food and unhealthy food way more expensive than healthy food. 

4.     More contraceptive use. Teaching kids more about smart parenting as they grow up. Not encouraging government handouts and social security payments for having more children.

5.     Help build infrastructure that supports clean sanitation. Finance sanitation projects in third-world countries.