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16A

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Forming An Opportunity Belief

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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...
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Your Exit Strategy

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28A I think I plan to stay with my business until I am either comfortable financially, or ready to retire, whichever one comes first. I have selected this exit strategy because my grandparents are entrepreneurs and I am following in their footsteps. My grandparents own a chain of condos. They ran it until they were ready to retire, and they have made it into a family business because now my aunts and uncles run it and it will go to my cousins and I one day. I think this exit strategy has influenced the other decisions I have made by leading me to another contact in this industry, I know my grandparents work with a laundry company to get discounts on their bulk purchases for the condos and houses they rent out. This exit strategy has helped me realize and remember their connections that I can use as another opportunity.
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Celebrating Failure

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26A For New Year’s this year, I made a resolution to reach out to my friends and family more. I am normally really busy and I tend to forget to update/get updates from my loved ones. My resolution consisted of calling or face-timing my friends and family at least once a month, or bimonthly. I managed to keep my resolution up for the first month, I called one person a day and made sure to text my parents every night. Slowly, I noticed myself stop calling my loved ones, but I still wanted to catch up with them so I would send an occasional text or interact with them on social media. I guess you could say I failed at keeping up this resolution because I haven’t called any of my loved ones for a while since school has gotten more stressful. However, during this pandemic I’ve made more time to reach out to my friends and family, making sure they are ok and catching up with them. I learned that life can get busy, but you should always make time for the ones you love and make sure that t...
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