Interviewing Customers No. 3

I simply asked what each person thought of my idea "Study Money" after explaining it to them. This was the first time I got negative feedback so I was pretty surprised. I was actually asked questions that were hard to answer so I learned I would still have to make my idea more detailed. I really like that I did get negative feedback though because I felt it was very honest and raised questions that did need attention.





https://www.youtube.com/watch?v=LJ1y3QDatbE

https://www.youtube.com/watch?v=r2rvLu0LEk8

https://www.youtube.com/watch?v=bb4ePXd1lGs

Week 6 Reading Reflection- Rachel Mead

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 

One thing that stood out to me was when the author mentioned that a new product has to basically replace another product and essentially be better. I think this is actually very motivating for both parties to ensure that they are they are the best product out there.

2) Identify at least one part of the reading that was confusing to you.

I felt that overall the article was much more confusing than the text book. I wasn't sure what the author meant by "substitutes" because the examples he gave were major, front running companies. I think the author could've done a better job at explaining different terms and differentiating between the various aspects he mentions. 

3) If you were able to ask two questions to the author, what would you ask? Why?

I would like to ask the author how to persuade distributors to accept a product and also how often a business should try to change their structure and methods. 

4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?

I think that the author was wrong in the last paragraph of his article in saying that the economy would be better as a whole if more companies looked at competition in a different way. I think the industries would just become more aggressive and strategic for their own benefit and ultimately end up making the economy worse. 

Idea Napkin No. 1- Rachel Mead

My name is Rachel Mead and I have been an active event planner for various organizations and businesses. I aspire to become a veterinarian and feel that starting this business will provide me with experience as well as new skills that can apply to my practice.

I am offering a program that allows students to log the amount of hours they study and get paid for it. This helps students maintain a balance between work and school and ultimately be more successful. I am offering this service to the students of the University of Florida and hope to expand. All of my customers will no longer struggle with trying to keep up with the rigorous demands of work and school.

What I have to offer is the ability to look at problems objectively and solve problems from different angles. I believe that my motivation and organization will really push this program into being successful.

I believe that all of these aspects will complement each other. I think these are learning experiences that I can take from and relate to many areas in my life. I think this will be a program that many students will take advantage of and I only wish that this could’ve been implemented sooner. I am excited to start forming this business so that I can make a difference in the lives of my peers. I think this would have a major impact on the community and produce more motivated members of society.