My Secret Sauce

Five things that make me unique:
1. My patience
2. My understanding
3. My willingness to learn
4. My ability to pick things up quickly
5. My organization skills

I interviewed five people that know me the best.  They had a lot of nice things to say about me.  They said I was very considerate for everybody else.  They also said I was very organized and perceptive.

There were a lot of similarities between what my friends said about me and what I said about my self.  I think this is because I know myself very well.  I think my interviewees were correct about me.  I would not make any corrections to the list I made.  However, I would add some things that I forgot.

Week 9 Reading Reflection

The biggest surprise to me in the reading was that companies can be so afraid to use certain techniques or tactics to help their overall business.  I understand that sometimes it is hard to venture out and try new things.  However, sometimes we have to take risks to make progress.

The affiliate and advertising models were a bit confusing to me.  They seem very similar.  I feel some companies can fit both models.

I would ask the author how companies like Facebook and Twitter make so much money.  I know that Facebook generates revenue from ads on the website.  However, I know this is only a small portion of the money that they make.  I would also ask him what is the best method of sales forecasting.  I would like to know what the most efficient method is, so I can use it in the future.

Once again, I did not disagree with anything the author had to say.  I have not disagreed with anything the author had to say since Week 1.

Idea Napkin No. 2

I am an entrepreneur.  My skills include talking to customers and coming up with new ideas.  I think that my business can play a huge role in my life.  If it is a success, I could potentially make a whole career out of it.

I am offering my customers a mode of transportation when they need to get a ride home from their college town.

I am offering this to college students around the ages of 18-24.  I will market the idea mainly to those who do not own a car.  However, I will also market the idea to those with a car, because they will be the people giving the rides.

People will pay for this idea because all college students go home for the holidays.  Many of them do not have cars.  This means that they either have to take a bus or try to find a ride with a friend.  This can be very troublesome for some people.  With this system, they will always have a reliable ride for the holidays, and it will be cheaper than a bus ticket.

This idea is very unique.  I do not believe that there is anything like this on the market right now.  I am set apart from my competitors because I will provide cheaper prices.  This is different than Uber, because people do not use Uber for long distance trips because it would be too expensive.  My app would be exclusively for long distances.

I believe that all of these elements fit together.  My skills as an entrepreneur can translate to this business idea that I have.  This idea can make students' lives a lot easier.

All of my comments were about how similar my idea sounded to companies such as Uber and Lyft.  I tried to differentiate my idea from these companies when I described my core competencies.  I explained how my app would only be used for long distance trips.