Mitchell's Entrepreneurship blog

1. Throughout this semester, I have been genuinely surprised by how far I have come in developing a simple idea into a possible business venture that I am passionate about. The high of this course for me would be during assignment 24 Venture Concept. At this point, I outlined everything about my business and was finally able to see it as a complete piece of work. This made me feel proud and accomplished. My low for this course was definitely in the beginning when I lost credit for a few assignments due to a simple error. I was incredibly frustrated, but it taught me to be extremely careful and to double check all of my submissions. 2. Although my proudest accomplishment was completing the venture concept, I found all of the interview assignments to be some of the most formative. They forced me to go outside of my comfort zone and to be confident enough to approach random people to ask questions. 3. I absolutely feel that this course has helped me develop an entrepreneurial minds

1.Opportunity • The customer segment that I plan to target is comprised of University of Florida students interested in either economics or computer science that are open-minded and value efficiency & decentralization over traditional systems and bureaucracies. • The specific need that I aim to fulfill is a one-stop & concise onramp into understanding of blockchain technology and cryptocurrency markets. There are a few reasons for why this need exists. o With blockchain technology only being created as recently as 2009 and not gaining popularity until 2017, the space is very new and underdeveloped. The only people with a strong understanding of the space are programmers who have spent a long time learning the fundamentals of the technology itself. Since gaining a notable presence, markets have developed for trading different cryptocurrencies with the intention that they will increase in value overtime. With explosive returns in early 2017, many people outside of the tech

1. Choosing an exit strategy is a difficult task. We have spent so much time this semester building up our business idea and choosing our next steps that it has become hard to consider the idea of leaving it all behind. I would like to maintain active leadership in my organization for a minimum of five years and a maximum of ten years. I would like to maintain this position as the company grows its team, reach, and ambition. Once I feel that my service is sustainable and has made a name for itself within the blockchain community, I would be happy to step aside and hire a new CEO. However, I plan to still maintain a board position to keep my input in play for the future moves of the company. I have no intention of retiring at such a young age, so once I step down from this venture, it will be to begin working on an entirely new operation. 2. I have selected this exit strategy because although the business could be successfully run by another individual, I hold a sentimental connectio

Guy Kawasaki, The Art of Social Media: Power Tips for Power Users 1) What was the general theme or argument of the book? This book acknowledges the enormous presence that social media has managed to maintain throughout current society. It focuses on diverse ways to improve your own social media presence through more captivating posts step-by-step with over a hundred useful tips. 2) How did the book, in your opinion, connect with and enhance what you are learning in ENT 3003? As someone who works in the digital marketing industry, it was clear to me how the tips in this book directly relate to the work I have completed for ENT3003. In order for my blockchain service to gain a strong brand name with college students, I will need to aggressively promote on social media. Using these tips, I am confident that I can convey information about my service while still providing engaging content across several different social media platforms. 3) If you had to design an exercise for this clas

1. One of my most frustrating instances of failure occurred very recently at the start of this class. From assignments four through seven, I made very silly mistakes that cost my grade several points. Despite completing all four of these assignments with strong effort and thoughtful peer reviews, I lost nearly all of the credit. For assignment four, I simply forgot to submit the URL to my blogpost in the A section. For assignments five, six, and seven, I simply forgot to declare that I completed them in the B section. This was such a defeating moment because I had put the time in to make sure that I completed these posts well before the deadline. I even considered dropping the course out of pure frustration. 2. This situation made me learn the importance of double checking everything that I do. Every time that I submit an assignment for A, B, or C, I always click through the assignment again to make sure that canvas received my submission. 3. Failure is something that weighs heavi

Existing Market: 1. Currently, my service is web-based and the library of information and tutorials is purely available through browser. I think that I clear next step would be to expand my service to be available through an app for download on Android or iOS. 2. Reaching out to more potential customers within my market, I gained some great insight into potential expansion routes for my service. The first person I spoke to suggested that part of my subscription service should be a weekly podcast going over the biggest regulatory events and technological developments. The second student that I interviewed said that a good next step would be to provide spotlight articles in which I interview certain experts within the industry about their respective fields. Lastly, I received the suggestion of creating an information sector on my site that focuses on traditional stock market investment purely for comparison with performance within the cryptocurrency market. After this wonderful feedb