Showing posts with label Week 10. Show all posts
Showing posts with label Week 10. Show all posts

Sunday, March 20, 2016

Growing Social Capital

1) Mike Lucarelli- Domain expert
Mike is an app designer which is exactly what I am trying to do. I contacted him through e-mail and he gave me advice on how to go about developing my app and what steps I have to take to get it approved. He's a great asset because he has developed apps before and can be a mentor to me.

2) Josh Denison- Market expert
Josh served as an RA for one year at Grove City College and knows the struggle of students in their dorms. I contacted him by email and he was able to give me his thoughts on whether he thought my idea would be accepted.

3) Nadir Rechka- Supplier
Nadir has developed a design that would allow bluetooth to grant students access to their rooms. I also contacted him by email and he told me about how much they would be and how hard the devices are made.


This experience allowed me the opportunity to make friends in the industry that I'd like to start my business. It was an interesting experience and it helped me discover how if I can make friends I can be even more successful.

Week 10 Reading Reflection

The amounts and forms of liability was what surprised me the most in this week's reading. I also have never thought of a loan as a liability before reading this week. One thing that confused me this week was the balance sheet because accounting is just something that doesn't come to me quite as easy as I want it to sometimes. If given the chance I would ask the author why operating expenses are counted in admin expenses. I would also ask what's the easiest way to gain capital to start a business. I didn't disagree with anything in the reading this week. 

Wednesday, March 16, 2016

Elevator Pitch No. 3

The feedback that I received was very positive but what stuck out to me was that people said I should show a little more enthusiasm. In this pitch I think I added some enthusiasm and it helped make this pitch more convincing.