Final Reflection

tures1. Looking at all my posts, I definitely some highs and lows throughout the semester. The extremely high times were during the 2-week break between Summer A/C and Summer B starting. I completed almost all of the remaining assignments in the course, so I just had to worry about the peer reviews of the assignment. The lows were times where I had to stay up late and finish some tasks at close to 4am because I had weak points of planning ahead in the course. 

2. My most formative experience in this class was the format of the course, actually. I had never had a class like this before in my class, which made me very nervous at the beginning of the semester. I am typically a very anxious person, and anything that falls out of line haunts me, it is unfortunate. The experience that I will remember years later are all the examples of myths and realities that Dr. Pryor mentioned in his lectures actually. His lectures were fascinating and different then any other class I have taken. The myths and realities of entrepreneurship will stick with me as I look ahead in the career I am leaning toward pursuing. I would like to use those myths and realities to teach and mentor those younger than me about entrepreneurship. My most joyous experience finishing all the assignments ahead of the due date during the break. The experience that I was most proud of accomplishing was the Growing my Social Capital because I love networking and mentorship and try to pursue as many opportunities regarding the matter to broaden my skills and learning. 

3. Personally, I do not see myself as an entrepreneur, probably not, not ever. As a person who loves learning, I constantly see myself as a student to those of whom I am learning. But this entrepreneurial mindset has definitely sparked a flame that I looking to exploit as much as I can even use with a virtual platform. This virtual platform has provided me with so many opportunities that I wouldn't trade for the world (also though some things aren't ideal), but we are definitely sharpening this mind for the future. 

4. One recommendation I would make to the students who are going to journey down this path in the future is that don't be discouraged by the title of the class Principles of Entrepreneurship, you may think it is a class filled with only business students who are interested in starting their own company or working for one. I would recommend this cost to anyone of any major because it is so practical in everything that it teaches us. Entrepreneurship is a skill and topic that is going to be continually evolving as time goes by. To best succeed in the course, use a planner because due dates will creep up on you. To best foster that mindset, my biggest suggestion to a student would be to be open to opportunity and let it come in and play out. 

Venture Concept Florida Residence Educational Initiative #2

Opportunity

For this second Venture Concept, I will repeat the opportunity from the first Venture Concept. 

The opportunity that I have identified is a way for Florida residents to attend state-universities. The potential customers would be incoming high school seniors as well as state government officials. The nature of need is the fact that the state governments fund these state universities, and they can't provide enough funding to everyone to receive a college education. I am looking to see if some of the Florida taxpayer dollars can go into funding future college students' learning. Because a college education is now seen as an expectation rather than a luxury, I believe that this is a significant force that creates this opportunity for many who can't afford to go to college have at least the ability to obtain a college education.

Innovation

My innovation is the creation of the Florida Residence Educational Initiative. In terms of the initiative, the purpose of it is to allow Florida residents to obtain a college education without the stress of student loan debt. Student loan debt is a massive plague that takes on our country, and if there is one state that should attempt to attack first, it is Florida. 

Venture Concept

The Florida Residence Educational Initiative would work to reduce the student loan debt starting in the state of Florida and then expand outwards to across the United States. I would begin by proposing a bill to the local Orlando area and then work up to Tallahassee. 

Feedback

I am incredibly appreciative of the feedback that was provided to me from my team members regarding the initiative. One question addressed at my initiative was if taxes would increase because of the initiative. To that question, I would say no because this initiative works to reallocate the current funding Florida has for education and expand it in the education sector. Another response addressed was if public or private financing would be the best choice for funding the initiative. Please don't misunderstand, I understand that tossing money into a broken system is wrong but because these schools are supported by the state they run on really thin ice. However, I received one response that praised the concept of the initiative because it advocates for one to receive higher education. Overall, my feedback was a mix of positive and negative, which helped me correctly complete this assignment.  

Venture Concept Change

I fixed my venture concept to say this:

The Florida Residence Educational Initiative is an initiative that looks to bridge the gap between obtaining and affording a college degree. By uniting the two premises, the initiative will work to reduce the amount of student loan debt in our current society. 

This is the SchoolHouse Rock animation of a bill that turns into a law through the song on YouTube.