Friday, January 31, 2020

5A - Identifying Local Opportunities

Local Newspaper(s) :
The Gainesville Sun - https://gainesville.com/
The Independent Florida Gator - https://www.alligator.org/

1) Crash Report: Pilot flew in turbulence to get to daughters birthday- https://www.gainesville.com/news/20200130/crash-report-pilot-flew-in-turbulence-to-get-to-daughterrsquos-birthday

Description: Herman Steele, 73 year-old pilot, was in an accident while in flight due to poor weather conditions, he "lost control during flight." He was told not to fly due to these conditions, but said he wanted to be home for his daughters birthday as well as the Thanksgiving holiday.
Problem: The issue of flying a plane during poor weather conditions, despite being advised not to at that time.
Who has the problem: The pilots family, and any other passengers of that plane would have this problem.

2) Pedestrian, 16, dies after being hit by car- https://www.gainesville.com/news/20200130/pedestrian-16-dies-after-being-hit-by-car

Description: The Gainesville police department reports that a 16-year-old pedestrian died this past week from injuries he sustained after a car had hit him. While his name wasn't released, the 16-year-old man was walking the same direction the car was traveling, when he got hit by this car. He was taken to UF Health Shands Hospital in critical condition, where he died later that day. 
Problem: This young teen was killed by a car, this effects his friends and family.
Who has the problem: Many people, old and young, who cross the street or walk places have this issue. This is not the first time something like this has happened.

3) 4 injured two-vehicle crash Friday morning- https://www.gainesville.com/news/20200126/4-injured-in-two-vehicle-crash-friday-morning

Description: Two vehicles got into a crash and left 4 people inured in the process of the crash.
This occurred on Friday morning, there isn't much information on how this happened.
Problem: People need to pay closer attention when they are driving, accidents are caused by lack of attention as well as various other reasons.
Who has the problem: people who are driving on the road at any time of day have this problem and must be aware of others at all times.

4) Campus blue lights are not used for emergency situations often, data shows- https://www.alligator.org/news/campus-blue-lights-not-used-for-emergency-situations-often-data/article_18d5adfa-4407-11ea-8944-73d007b022df.html

Description: Emergency phones have been added to the entire campus, as requested by UF students. 508 blue light activation's were recorded on campus from January 2017-2019, but only 14 blue-light activation's resulted in a police report.
Problem: There is high demand for these resources, but not enough people are using them.  These each cost UF $15,000-$20,000 to install.
Who has the problem: UF students and faculty that help pay for these installations

5) UF Health monitors rumors of corona-virus spreading to Gainesville-https://www.alligator.org/news/uf-health-monitors-rumors-of-coronavirus-spreading-to-gainesville/article_69a9b1a0-426c-11ea-86b2-87354e5a2a4e.html

Description: Wuhan, China has been quarantined due to the virus, but UF Student Health Center received word that a UF students parent traveled from China to Gainesville before this quarantine took effect. The UF Health is carefully monitoring those who had contact with this parent. So far, no one is displaying signs of the virus yet.
Problem:  There could be a possibility of the virus, killing many, has traveled to Gainesville.
Who has the problem: everyone living/working in the city of Gainesville, mostly those who came into contact with the individual from China.




























4A - Forming An Opportunity Belief

1)  My beginning point:
I believe there is a problem with people not knowing how to handle/save money when they are introduced into the "real-world," whether this introduction is when they graduate high school, get into college, or when they're parents stop paying their bills. I am a victim of this issue, and I believe there is an opportunity to save people money when going into the "real-world," or even save them from debt if they're taught how to handle/save money or with personal financial situations: paying taxes, filing for taxes, taking out loans etc.

2) Describing my belief: 
-The unmet need: 
To better prepare people early on for their finances in the future. Save them from debt, know how to do everyday finance things.
-Who has the need: 
People typically between the ages of 18-30 years-old, anyone with financial problems due to lack of awareness/knowledge.
-Where the need comes from: 
This need has existed for a long time, if not always existing. People are going through financial problems everyday, whether this is because of college or just being out of their own.
-What is being done to meet this need now:
In some schools, often high schools, they are introducing a class on personal and family finance. There is also a required economics course in most high schools in order to graduate. While these are helpful tools, I believe that there is more that can be done to ensure these classes are effective.
-I am 85% sure this opportunity exists. 

3) Identifying the prototypical customer:
The prototypical customer, the type of people this is most prevalent to, is a college freshman who was just introduced to the "real-world," and those just graduating from high school. Like myself, had I known the extent to which money is so important and if I knew better what to do with it when I have it, there would be much eliminated stress in my life.

4a) Iteration No. 1: Female, 20 years-old, UF Student
-What is the exact nature of the need for them?
She feels it's a crucial need because no one ever taught her how to use her money. Also, she wasn't required to take any economic based/personal family finance based classes so she really doesn't have a clue about how any of that stuff works.
-When do they become aware of the need?
She feels that she experiences this need whenever she needs to purchase things, like paying tuition for example. So, this is most of the time in her life.
- How long have they had the need?
Since being on her "own," and since being in college. She has been away from her parents who have mostly been dealing with her financial support.
-When did they first become aware of the need?
She feels that she experiences this need whenever she needs to purchase things, like paying tuition for example. So, when she graduated and came to college.
-How are they currently addressing the need?
She's taking an economics class here at UF because it's required for her major. This is the only outlet for how she is addressing this need.
-How satisfied are they with this solution?
Not very satisfied. She feels that there should have been a personal finance class offered that she can take.

4b) Iteration No. 2: Male, 19 years-old, college student (lives at home)
-What is the exact nature of the need for them?
He feels like the nature of this need is very important to him, for he wishes to be an entrepreneur in the future, but doesn't know the first thing about handling money.
-When do they become aware of the need?
He became aware of the need when his dad asked him what he wanted to do for a job. He wants to open his own business but isn't sure how to handle his money. When he has to pay for things he notices this need.
-How long have they had the need?
He has had this need since he got his first car. He has had to pay for his own gas and repairs.
-When did they first become aware of the need?
He became aware of the need when his dad asked him what he wanted to do for a job. He wants to open his own business but isn't sure how to handle his money. When he has to pay for things he notices this need.
-How are they currently addressing this need?
He's practicing saving money in various ways. He also started reading books on investing and more serious ways he's dealing with his money.
-How satisfied are they with this solution?
He is satisfied with this solution as he's working toward bettering this knowledge. He wishes he learned this stuff earlier on though, so that he could better prepare for life.

4c) Iteration No. 3: Female, 24
-What is the exact nature of the need for them?
As she is moving into a more serious life style, (starting up her career as a teacher soon), she has this need like no other. She's going to start making big financial decisions for her life.
-When do they become aware of the need?
She became aware of this need shortly after her parents stopped paying her tuition and bills. She's aware of this need whenever she spends money.
-How long have they had the need?
She has had the need since she was 18 years old and began living on her own. She always made enough money for rent but she was living pay check to pay check.
-When did they first become aware of the need?
She became aware of this need shortly after her parents stopped paying her tuition and bills. She's aware of this need whenever she spends money.
-How are they currently addressing this need?
She is addressing his need by watching a lot of Ted Talks on investing and what to do with her money, also she's doing research on the topic.
-How satisfied are they with this solution?
As this solution is helpful, she wishes she knew early on how to deal with this need.

5) Reflect:
-What I learned about the opportunity:
I learned that I am not the only person dealing with this issue. I also learned that this issue can follow you throughout your life if you don't find solutions to remedy it.
-The most surprising thing I learned through this opportunity:
The most surprising thing I learned through this opportunity is the various different outlets people use to learn more about money. These include: Ted Talks, books, YouTube videos, classes etc. It will be interesting to learn what will be the most effective in solving this problem as a whole in the future.

6) Summarize:
-How much of your original opportunity is still there?
My original opportunity belief is the exact same, if not more importance is placed on it.
-Do you believe that your new opportunity is more accurate than when you started?
I believe that my opportunity is more accurate because it is obvious to me I am not the only person with this problem. It has shown to me that people would benefit if my opportunity belief was followed through, and changes were made.
-How much do you think entrepreneurs should 'adapt' their opportunities based on customer feedback?
I think that entrepreneurs should adapt their opportunities based on customer feedback because I believe that is what is most important. With something like this, it is important that entrepreneurs hear from these prototypical costumers for feedback and to see if their belief is accurate.




















3A - My Entrepreneurship Story

Hello fellow bloggers!
Here's my Entrepreneurship Story:
I have been exposed to the idea of entrepreneurship in a variety of ways throughout my life. Whether it's on T.V., or my dad telling stories about opening up his own Bed & Breakfast. But, I didn't really start getting into the concept until I got enrolled into the Innovation Academy.

In this program, here at UF, we are required to take certain classes to qualify for the Innovation Minor. A class I took last summer was called Creativity in Action. In a short explanation, this class was meant for us to create our own product based on a specific prompt/problem, spend all semester producing it ourselves, and then present our product Shark-Tank style in front of judges. This project really opened my eyes to the world of entrepreneurship.

I enrolled in ENT3003 because it is one of the requirements for my Minor, but I also find the concept very interesting. I hope to get out of this course better ways to think of creative ideas and how to execute them, for I don't have tons of experience in the subject.






Wednesday, January 22, 2020

2A - Bug List

Here are 20 things that bug me in life:

1) Looking forward to eating the last brownie, then my roommate eats it.
This bug exists because my roommate doesn't consider if I ever want the last brownie.

2) Bad drivers, especially during rush hour.
This bug exists because people are either (a), bad at driving or (b), nervous due to rush hour.

3) My phone screen is very glitch-y and is constantly flashing.
This bug exists because the people who fixed my phone screen didn't hook it up correctly.

4) Spam calls from random numbers.
This bug exists for who knows what reason. Money?

5) My floors in my apartment are always cold.
This bug exists because there is a terrible draft in here, and some old windows.

6) My friends making a mess of food in my car.
This bug exists because I allow my friends to eat in my car, I'm too nice.

7) Cockroaches!!!! (only 2, but still grossed me out)
This bug exists because the person who lived in my apartment before me, was a slob.

8) Popcorn kernels in my teeth.
This bug exists because that's just how eating popcorn goes. Not fixable I don't think.

9) Slow internet connection, both on and off of campus.
This bug exists because many students are on the same internet at the same time.

10) People who don't walk on the right side of the road.
This bug exists because people don't pay attention at times.

11) Shopping carts in the parking lot, specifically in a place I'm trying to park my car.
This bug exists because people are lazy and rely on the store to collect their shopping carts.

12) Public transportation delays, more specifically my bus to class being later than expected.
This bug exists due to poor mapping or traffic congestion.

13) Littering in general, more specifically the guy I saw throw a plastic cup out the window.
This bug exists because of ignorance of environmental safety.

14) The fact I can hear my neighbors having a full-on conversation with each other.
This bug exists because the walls in my apartment complex are pretty thin.

15) Being put on hold when calling a university, specifically the Advising Center.
This bug is inevitable because there are so many callers, but still.

16) Advertisements on YouTube.
This bug exists because there has to be funding/sponsors for each video for money.

17) The drive-thru at every Steak and Shake ever is always slow.
This bug exists because the employees at Steak and Shake probably don't care.

18) It takes very long to be seen when waiting in the emergency room.
This bug exists because there might be a lot of people trying to be seen at once.

19) Hair in the sink/drain.
This bug exists because of being forgetful.

20) Seeing an ad for something I was JUST talking about/looking at.
This bug exists because of tracking on electronics, and Siri can hear everything your saying even when you don't want her to. Scary.

Reflection:
This is was relatively difficult to come up with, because as people I feel like to be happy we choose to look at the brighter side of most situations. I also don't always notice everything that bugs me in life, because if I did I think I would lose my marbles. In the grand scheme of things, these bugs can be deemed as pointless. But, wouldn't it be nice if people used their turning signals?

















Wednesday, January 8, 2020