Assignment 3A: Your Entrepreneurship Story

I think that one of the best experiences that I have had with entrepreneurship was happened while I was playing a game. I actually don’t remember the name of the game, but the premise was to take something in the room, or make something up, and sell it to the judges. You had to be able to show off the product, explain how to use it, and explain convince the judges to buy it. Essentially, we had to convince them that they had a need, and that our product would fulfill it. The majority of the time, my team made a completely new product, like embroidered invisible coats. However, sometimes we took an already established product and put a spin its use while simultaneously targeting a new market, such as making cocktails out of salad dressing. This activity really had us determined to make or redesign a product that would compete with any other product the other team could possibly think of as well as to make a product that would be captivating enough for people to want to buy.

The main reason that I am in this class is because I plan to own my own business one day. I don’t know what I want that to look like yet, so I am hoping I will get ideas from completing these assignments. I also don’t really know where the first step is in my entrepreneurial journey. I am hoping this class will provide guidance on strategies to use to create a successful business idea that will translate into a successful business plan.