Wednesday, August 1, 2018

Free Money Give Away

During this exercise I will go to the Hub/Reitz or Turlington the busiest parts of campus during the afternoon. I will approach people that look like they want to be approached I do not want to be rude, disrespectful or be disrespected. To start the conversation off I will say something along the lines of: “Good Evening, I was walking behind you and I noticed a dollar on the ground would this happen to be yours? it seemed to have dropped out of your pocket” My plan for the conversation is to get them to admit to the dollar being theirs and take the dollar then making it look like a kind gesture. I think I will get 3 out of 5 of the dollar bills away.
After doing the assignment my results were 0 out of 5 dollars it was really hard to give away a free dollar to people they seemed to all think that there was a catch or a reason (even though there was). It also did not help that I was on crutches so everyone felt bad to take money from me and talked more about my injury than the free money they could get. Also my approach had to change because I could not grab money off the floor I just approached individuals on their phones or having conversations with one another. My predictions were incorrect. I thought It would be easier to give away a dollar however I feel like if I was not injured It would have been a little better. To be honest I did not have any assumptions to the individuals I approached I just tried to approach them.


final final final post

The most informative experience would be the actual process of finding those customers right and fit for the opportunity we think exist. The most joyous experience was probably sitting down and really seeing if our solution would solve the opportunity. I’m most excited about finding an opportunity that is not just in my head and having an idea of how to solve it it may not be perfect but eventually it could. I do not see myself a high entrepreneur but I could definitely see myself growing into one with looking at things differently now in a mindset of how to fix it. To perform well in this class, I would say is to plan and stay on top of your schedule taking this class during the summer is not the best in my opinion because you have a lot of distractions especially if you are unable to attend the classes as well. However, if this is also something you are dedicated to just remember to do the work as far ahead as you can so that it will not be too overwhelming


last venture


Among the United States and more specifically right now among Gainesville there is an opportunity that needs to be taken advantage of and unmet needs that need to be taken care of. The opportunity is the chance to involve and grow communities through a grocery store as well as help individuals with lower income to have the same opportunities to food sources more specifically healthy food services as those in high classes of income. The unmet need within the opportunity to get and stay healthy comes with the adequate amount of resources to reach set life goals of having the chance of choice. Those that have the need to be healthy is the ones that want that healthier life the ones that what better for themselves and others as well as those that are already healthy and wish to maintain that. This need is not gender, age, nor race specific. This is something that anyone can experience. However, this need in the sense to which I wish to obtain a change is social economically based.  Potential customers are those in the lower income areas those who live in the areas of Gainesville that do not have access to grocery stores at all or places close to get good quality healthy food. This is not a new need it has existed for a while the need to live a life where you are healthy live long to watch your kids have kids instead of worrying about weight, food or activities that could kill you due to your health.  Right now the environment is changing from a famer produced food to a more processed quick solution food base environment. In my opinion this the switch from healthy to quick and unhealthy is the force creating the opportunity. I am more than 80% sure that this opportunity exists. This opportunity is large in the aspect that it effects a lot of people however it is under the surface because people do not think it is a necessity nor is it a true need. This window of opportunity will be open and available for a while unless there is a change that takes those unmet needs and turns them into a chance of opportunity.
To customers I will provide healthier environments so issues that we have is the lack of grocery stores in low income areas, which in turn drives individuals away from going to those grocery stores to get fresh produce they go to the local fast foods that are a lot closer, will actually provide those to the option to get the sources of protein, fiber, nutrition they need. That in itself will solve one problem and as far as the cost healthier food is only about $1.50 more which will average to about $550 per year more. In time there Is a way to make healthier foods more accessible. This way is the product/service I will provide which is a grocery store in those areas that need it getting fresh produce and foods that are needed for a reasonable price. I plan to provide high quantities of healthy food like fruits, vegetables and more they will be able to withstand the market price because I will also have other goods in the store that will potentially make up for what does not sell however the different approach will bring those to the store in close areas. The grocery stores will get its produce from local farmers in those areas as well as selling the produce for lesser value than the market price. This will work because if I am capable of having these foods in abundance as well as selling other products in the grocery store to produce revenue sells will go up with affordable healthy food. Offering this product and serves to all individuals in low income areas as well as just individuals looking to increase their health. This service will also help the local farmers in the areas to gain money and revenue.
My solution will solve the opportunity because it will take care of the unhealthy balance that lies in between the lower income areas. Costumers will buy into and support my service because of the uniqueness that it will possess such as; prices, location, products, collaboration, dietitians, atmosphere, pick-up service, benefits, community sponsoring, fabric for girls, and connection. In the beginning it will be a difficultly to expect people to completely switch over but I think because of the location, where we get the product from, the prices it will be completely more convenient. Walmart, Publix, Aldi, Sam’s those are some of the competitors however, their main weaknesses is they focus more on the populated high price areas rather than the lower income convenient areas.
The most important resource is the fresh produce of food such as vegetables and fruit. What makes this so important is the place we get the product which is from farmers locally in those areas. Another competitor beating thing I will have is dietitians that work in the store that will assist anyone if everyone they can. The next move would be to become worldwide and help change things into a plant based healthy environment and help switch the communities around us to a healthy vibe. In five years after having the store I see myself still doing a lot more things for communities and opening more franchises of the grocery stores in more areas and more states and other businesses such as gyms and other things health wise and maybe launching my own diet plan, supplements and more.
The feedback I got was great I was able to see how people feel about my idea I know a lot of people wondered how I can make a profit if my prices are below market price. However, items may be under the market price but if my store if marketable, attractable and as well makes up for the opportunity cost the revenue coming in will be great. Due to be providing what other wont will bring in different revenue as a whole. There are stores such as; ALDI, Trader Joes, LIDL and more that sell fresh produce under the market price and still get their revenue coming in back.
During my new venture I mainly changed by explanation of how and why a lower market priced fresh produce item will work because those were most of the worries and considers from my viewers.



Friday, July 20, 2018

Next Move


Existing Market
The interviewers that I talked to said three things that we could do that we are not doing now and that includes; widening the variety of local farmers, diversifying the products so not just eh regular fruits and vegetables but ore so there are several options as well as if we are selling other revenue than just being produce make everything a more organic healthy based with the same aim to price.
The potential for us to grow is extremely possible you cannot be a successful business without growing to the business of the people. I think that after a couple months and even years of the new grocery market the regular produce that we sell will be profitable and dynamic enough that eventually we can more to more products, more diverse products and more organic products.
Also I think what will help us improve with the customer’s request is when we upgrade our farmers when we start getting more farmers produce in the local community we get more diversity, variety, taste as well as options. During the time we are expanding our food we could also expand our market in what everything we sell and how organic and environmentally healthy things are.

New Market
My market is toward the poor so if I were to change to the higher income I feel like my market will appeal to those however, location wise I would have to create the store close enough to those areas.
The interviewers basically were saying that the location would need to change and they would want more exotic products so those that are maybe foreign and even when it comes to farmers for the revenue to kick in I would need to use farmers related to their epidemic.
This new market may be more profitable however it will be a lot more challenging and demanding to please those customers. This would require customers to feel like the products need to be of a higher standard than below market price. They are not concerned with price but more where things came from. Nothing truly surprised me because I thought about if I aimed it towards those of high social economic status it would not have that much of a big effect on the community and individuals because they do not have the unmet need of resources.
All of my assumptions were correct and during the process I would not shy away from the other spectrum of target customers however I will not lose focus to who I am truly trying to aim towards and help meet the unmet need with the opportunity I noticed. This new market through talking about it with the interviewers does not interest me at all it does not seem to be something worth the risk or the planning.