Principles of Entrepreneurship

5A Local vape shops lose profits due to recent tobacco law https://www.alligator.org/news/local-vape-shops-lose-profits-due-to-recent-tobacco-law/article_6033000a-42d4-11ea-bd9f-4f3ed2b963e4.html The vape shops have a problem with the new law stating that 21-year-olds can buy tobacco products. The new law is meant to help teenagers stop vaping. The law hurts businesses who sell vapes, so those businesses have the problem. Students protest Supreme Court Clarence Thomas’ arrival https://www.alligator.org/news/students-protest-supreme-court-justice-clarence-thomas-arrival/article_95298b0e-42c9-11ea-b249-9b476a11e71d.html Multiple protestors got together to boycott the visit of U.S. Supreme Court Justice Clarence Thomas. The problem is that US students didn’t want someone who had an accusation of sexual assault to be on campus.  Future of Gainesville Lucky’s Market unclear https://www.alligator.org/news/future-of-gainesville-lucky-s-market-remains-unclear/article...

4A Beginning Point: After revisiting my big list, I think an opportunity exists to fix drying machines. Sometimes, when I run the dryer, I forget to clean the lint out of the dryer, which causes my clothes to be somewhat damp after the dryer buzzes. This causes me to rerun the dryer, which raises utility expenses at my apartment. The unmet need for this problem would be for the dryer to indicate whether or not the lint has been cleaned. Everyone with a dryer would most likely have this need. This need has always existed, and always bugged me. The opportunity probably exists for 80% of people who own or even use dryers. Prototypical customer: The prototypical customer would be anyone who owns or even uses a drying machine. The target audience ranges anywhere from teens and young adults to adults.  Interviewee 1 (prototypical customer): I spoke to a male senior here at the University of Florida while at Library West.  ·        H...

3A When I was a junior in high school, my uncle, aunt, and cousins went to Jamaica. While in Jamaica, my aunt hurt her knee. She injured it so severely that she needed surgery, but little did they know, the hospital didn’t have enough materials to conduct the operation. When they came back from vacation, my cousins and I discussed with my grandparents and my uncle the unfortunate situation. I was heartbroken to hear that the hospitals in Jamaica don’t have enough supplies. My cousins and I then came up with an idea to fundraise money to buy hospital equipment so that the hospitals in Jamaica would have the supplies to help the injured or sick natives. Hence, Susie’s Knee was born. Susie’s Knee is a company started mostly by my cousins, but I contributed some ideas. Since my cousins were passionate about soccer they have played since they were children, we decided to host soccer tournaments and use the money we would gain and donate it to the hospitals in Jamaica! This was the first...

2A 1.       The bus transportation app (Rider) glitches all the time which causes me to be late to class sometimes. a.       Why: Too many people are using the app at the same time and it crashes. 2.       My feet are always cold when I’m at home. a.       Why: My roommates like to keep the air conditioner in my apartment pretty cold. 3.       My room is cold. a.       Why: The weather outside is freezing, and my blankets are not warm enough. 4.       The window in my room is producing mold. a.       Why: The weather changes from hot to cold from week to week around this time of year and my window starts producing condensation. 5.       Lose keys a.       Why: Unlike my phone, I am not always holding my keys, therefor...

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