Tuesday, January 29, 2019
8A - Solving The Problem
The main and best solution in my opinion to resolve the wanting and needs of the citizens of Las Vegas, is to approve the establishment or expansion of an National Football League organization. By approving this request upon the city, the next major steps would be to begin the mecca of the team, which is the stadium that will fill up with fans from all across the world that want to see Vegas with a football team just like other big cities in the United States. The stadium is the product of the organization and is the mainland of the NFL team. Just like when they had to make an ice hockey arena for the Vegas Golden Knights, this football stadium represents what the citizens of the city want and need. This is then the start of the economic growth in many ways including, employment, movement and settlement of citizens in the US to Vegas, and revenue that this organization would bring into the city. Overall this movement that has existed for some time now, will end in growth and overall success for this issue of a lack of an National Football League organization.
7A - Testing the Hypothesis, Part 1
1. The city of Las Vegas, Nevada is in need of an National Football League organization. There are a multitude of reasons and benefits as to why this expansion needs to happen, including, economic factors and the revenue that it will bring to the city.
2. The who: Citizens and city of Las Vegas.
The what: Welcome an expansion team or creation of an National Football League team.
The why: It will create job opportunities, automatic revenue, and bring more people to Vegas.
3. Testing the who: Are there other cities in the United States that inquire about this need? Does every state need an NFL organization? Utilizing the city of Las Vegas can help develop a plan moving forward for other cities that in the coming years want to replicate what Vegas is in the process of. Testing the what: Many cities try each year to be the next city to expand their sports franchises by bringing an NFL team. What aspects should we consider when expanding or establishing an NFL organization to a specific city? Why will Vegas succeed more than another city that has nothing? Testing the why: Why will doing this have an economic impact? What increases will occur if this were to happen in Vegas? Will there be a change in population if this establishment exists?
4. After going through a lengthy interview process, it was evident that this opportunity exists and is something citizens of the city of Las Vegas need and want. They believe that they are missing out on an opportunity that tons of cities in the US have and have had for many decades. It was a little difficult to understand the conflict and why it exists in the first place. It was difficult because since so many major cities in the US have an established football organization, why wouldn't a huge city such as Las Vegas have one already. It is something that has been a major debate for decades now and is something that is still talked about to this day. The city of Vegas never had a professional sports team up until a few years ago when the city established the brand, Vegas Golden Knights. It turned out to be a home-run and something that has boosted their revenue and created employment for citizens. Looking at the success of other cities with NFL teams such as New York, Boston, and Miami, only makes the case for Vegas to want to do the same. The overall agreement and consensus is that the citizens want Vegas to bring an NFL team so that besides the fact it brings entertainment, it also helps the economy and will make Vegas a city more people want to move to. Now, are there other cities pushing for the same that Vegas is? The answer is yes, people in the United States love the National Football League and believe that by bringing in an organization, it creates opportunities like no other. Not every state needs an NFL team simply due to the populations of those states and that the economic benefits would not extend as far as a city such as Vegas. The what issue is getting a team approved by the local officials of Vegas for this opportunity to fully exist. Vegas will succeed more than most other cities without teams due to their background and history as well as their destination being a tourist spot. From the interviews it was clear that they think the city of Vegas has room to grow and improvements to be made and that something of this caliber could motivate and better the city as a whole in a multitude of ways. Discussing the why portion of this argument was the most interesting because of the responses and explanations. We came up with reasons as to why they believe Vegas needs to bring in and NFL organizations and the benefits that it reaps if it were to happen. The results of this happening are the employment increases, the revenue that will bring to the city, as well as more citizens will settle in Vegas and live there knowing the city is multifaceted. The solution to this argument is that it needs to be brought to the attention of the local governors of the success the city has had with the Golden Knights and noting the success would blow through the roof if an NFL organization existed in Las Vegas.
5. Utilizing these interviews is very important and beneficial in many ways because it provides us with evidence and receiving feedback. From the beginning of this process through now, I have learned many different things regarding this opportunity and what it truly means to the city of Vegas and the effects it has. This issue has been ongoing for years now and is something that is debated today. This is clearly complex on different levels, but I believe this move is beneficial and something that is needed for this city as explained above. Not every city can accomplish this, that each state and city has a different economic situation and includes different factors.
Monday, January 21, 2019
6A- Identifying Opportunities in Economic & Regulatory Trends
Opportunity 1
FDA clears the way to increase access and lower cost of life-saving opioid overdose treatment
drug
A: https://www.cnbc.com/2019/01/16/fda-wants-pharma-to-bring-opioid-antidote-naloxone-over-the-counter.html
B: An opportunity exists due to the work and clearing from FDA for drug companies to increase access and lower the cost of the life-saving drug that is used to treat opioid overdoses. This opportunity did not exist before due to the tight restrictions and expensive cost of this drug. This opportunity is beneficial to so many people that need to survive.
C: Both companies and consumers will benefit form this opportunity, but the main target are the people who need the drug.
D: I think it is very easy to exploit because someone can buy the drugs for cheap and then sell them for more to someone who does not know better, but overall I think it is a great opportunity.
There is nothing in my past experiences that give me a better advantage of the situation than someone else, but the facts are that this drug used to be hard to find and expensive to purchase and now with the FDA, it isn't anymore and it is accessible.
Opportunity 2
Government shutdown slows FDA inspections, food safety watchdogs warn of outbreak risks
A: https://www.cnbc.com/2019/01/10/shutdown-slows-fda-inspections-watchdogs-warn-of-outbreak-risk.html
B: This information leads me to think that an opportunity might exist because of the closure of the government and what has happened because of it. Now that the government is in shut down, things such as FDA inspections are decreased and now increasing the changes of something wrong occurring. This is not a good opportunity, but one that can exist due to the lack of inspections.
C: The every day customers who buy food and other products that the FDA inspects are the ones that are affected.
D: The opportunity is relatively easy to exploit only if the government opens back up again and is not shut down. Once the inspections from the FDA increase again, this conflict will go away.
I see the opportunity because of what I watch on the news and what I read online. Now that the government has shut down, many things have been affected including the inspections of food safety. Overall, this needs to change and keep the inspections at a normal rate.
Opportunity 3
OppenheimerFunds CIO: There won't be an economic recession for at least 5 years
A: https://www.cnbc.com/2019/01/14/oppenheimerfunds-cio-krishna-memani-no-recession-for-at-least-5-years.html
B: This information leads me to think an opportunity might exist because of the growing sediment of between both US and China. Since this bodes well for stocks, this will better help the recession that is in place currently in the market.
C: The customer with this opportunity are the people and the businesses that are affected by the economy.
D: The opportunity is relatively easy due to the steps that are being taken by the countries.
I see the opportunity because of the experts who predict that the economy won't be in recession for at least 5 years. Due to concerns about economic slowdowns, it puts pressure on politicians and business leaders. I believe that this opportunity is real and exist.
Opportunity 4
Job growth surges by 312,000 in December
A: https://www.cnbc.com/2019/01/04/nonfarm-payrolls-december-2018.html
B: This information leads to me to think that an opportunity might exist because of nonfarm payrolls surging by 312,000 in December even though economists expected a payroll growth of only 176,000.
C: The customer of this opportunity is going to be the people who have jobs and who want to receive more money.
D: The opportunity is relatively easy due to the exceeding in expectations of Dow Jones and the total over increase in payroll. The increase is tied with October for best since April 2009.
I see the opportunity because of the statistics and numbers that exist today. The fact that the payroll increase exceeded Dow Jones by as much as it did and it is tied with October as the best since 2009, makes me think this opportunity is real and something to pay attention towards.
5A- Identifying Local Opportunities
1. They live with autism. But it hasn't prevented them from getting jobs in South Florida
https://infoweb-newsbank-com.lp.hscl.ufl.edu/apps/news/document-view?p=WORLDNEWS&t=pubname%3AMIHB%21Miami%2BHerald%252C%2BThe%2B%2528FL%2529/year%3A2019%212019/mody%3A0121%21January%2B21&f=advanced&action=browse&format=text&docref=news/171176095F685820
This article is about the potential for future careers for people with autism, trying to find them different opportunities and ways to make an income and to profit a business in any regard. A program was created to create businesses that employ people with autism. As a result, many individuals with autism have gotten employed and helped a business grow. The problem presented in the story is trying to increase the usage of people with autism in the working world such as any person who works a job normally. The people with the conflict are the people born with autism who have to learn how to work at a job, overall the amount of people with autism is increasing in work places.
2. New cruise ships need thousands of workers. Here's how companies fill those jobs
https://infoweb-newsbank-com.lp.hscl.ufl.edu/apps/news/document-view?p=WORLDNEWS&t=pubname%3AMIHB%21Miami%2BHerald%252C%2BThe%2B%2528FL%2529/year%3A2019%212019/mody%3A0121%21January%2B21&f=advanced&action=browse&format=text&docref=news/171176097785D630
This article is about the up and coming of new boats that Holland America is in the process of launching and the hiring process behind the workers of their ships. It goes on to say that they research throughout east Asia and other locations for their employees. They don't just hire anybody due to their recognition of customer service and the reputation they want their customers to have of them. The problem presented in the story is the lack of employees and search of new ones to join the new ships they are releasing in the coming future. Holland America is the one with the problem as they need to find these new employees to fill the ships.
3. $6,400 in checks she didn't write were cashed. Cops arrested the cable guy
https://infoweb-newsbank-com.lp.hscl.ufl.edu/apps/news/document-view?p=WORLDNEWS&t=pubname%3AMIHB%21Miami%2BHerald%252C%2BThe%2B%2528FL%2529/year%3A2019%212019/mody%3A0120%21January%2B20&f=advanced&action=browse&format=text&docref=news/171121A9493E0338
This article is about the forging of $6,400 worth in checks. A Boynton beach customer of Hotwire Communications noticed that her checking account when down $6,400, noticing that checks were written out that she realized she had not done. After evidence of an employee from Hotwire Communications showed up, they knew it was a fraud and the employee had committed the charges. The problem in the article is that an employee wrote himself $6,400 worth of checks to himself and took the money from a customer of the company he worked at. The customer from Boynton beach is the one with the problem since she lost that money.
4. I tried to cancel my Priceline hotel cancellation, then Priceline kept my money
https://infoweb-newsbank-com.lp.hscl.ufl.edu/apps/news/document-view?p=WORLDNEWS&t=pubname%3AMIHB%21Miami%2BHerald%252C%2BThe%2B%2528FL%2529/year%3A2019%212019/mody%3A0120%21January%2B20&f=advanced&action=browse&format=text&docref=news/17115456D3DE0B58
This article is about a person who booked a hotel in Israel with priceline with the notion they were capable of canceling after booking since that is what the website stated. After a notice in a cheaper price elsewhere, the person contacted priceline which ultimately ended in them saying you couldn't cancel your reservation and it was un refundable. It turned out the customer took a screen shot of the advertisement as proof. Overall priceline, made the adjustments and made it right with the customer after the conflict. The problem in the article is lack of rule following by priceline as they did not honor their own statements on their website. The consumer who purchased the reservation had to deal with the conflict until more people got involved.
5. More than 68,000 pounds of chicken recalled after wood was found by some customers
https://infoweb-newsbank-com.lp.hscl.ufl.edu/apps/news/document-view?p=WORLDNEWS&t=pubname%3AMIHB%21Miami%2BHerald%252C%2BThe%2B%2528FL%2529/year%3A2019%212019/mody%3A0119%21January%2B19&f=advanced&action=browse&format=text&docref=news/1710FDC49C6E2AF0
This article is about the recall of over 68,000 pounds of chicken by large chicken distributer, perdue. It was recalled due to multiple customers finding pieces of wood in their chicken nuggets. The problem in the story is that perdue was selling chicken products with chips of wood in them. The customers are able to return and get a full refund for the problems of this chicken. The customers who are buyers of perdue chicken are the ones with the issue and had to report the wood found in their product.
Thursday, January 10, 2019
4A - Forming An Opportunity Belief
1. I have a belief that the National Basketball Association expanding its league to Las Vegas will create opportunities and bring in revenue to the city and state immediately. This belief creates a huge opportunity for the city of Vegas and it will establish a brand.
2. The unmet need is a basketball franchise in the city of the Las Vegas. The unmet need is with other basketball organizations in surrounding areas such as the Phoenix Suns, New Orleans Pelicans, or other franchise looking to expand to another city to grow and flourish. The need came from the wanting and pursing of the citizens from Las Vegas. After the immediate opporutnity success from the start of the NHL team, Vegas Golden Knights, the city is hungry for the chance of hosting an NBA team like many other cities in the United States. Steps are being made by the National Basketball Association and by owners who want to either move a team to Las Vegas or establish a brand new team from scratch. Meetings and outreaches from citizens of the area occur to its local city about bringing this opportunity for jobs and revenue. I am 100% sure this opportunity exists, it has been an on-going pursuit by fans and business people of the city.
3. The prototypical customer is a fan of sports, who is desiring an investment of bringing an NBA organization to the state of Nevada for the first time ever.
4. Iteration No 1.
I am fortunate enough to be friends with a girl who is from and lives in Las Vegas, Nevada. The exact nature of the need is that they want to continue expanding the city as a whole and by bringing an NBA team, it will create jobs, income, and a sense of unity for the city. They became aware of this need before they brought in their first sports franchise to the city, Vegas Golden Knights. Once they established this NHL team, they realized the opportunity that it had created and the effects of it. By bringing in an NBA team, it will only grow the city and come with jobs and overall money that the state will earn. They are currently addressing their need by being vocal to their city authorities. They hope one day to eventually be a apart of an organization that is bigger than themselves.
5. I learned that the city as a whole is hungry for opportunity and for a chance to grow in a multitude of ways. This girl wants to see Las Vegas continuing to succeed and by bringing this to them will bring opportunity.
3. The prototypical customer is someone who want to see NBA games in person such as the rest of the United States.
4. Iteration No 2.
The exact nature of this need is that the citizens of Las Vegas are disgruntled with the absence of an NBA in their city. They became aware of this need when other teams starting to expand and move from city to city such as Seattle to Oklahoma City and Vancouver to Memphis. The fans of Vegas want to be able to be involved as a fan with a local team in their city. They experience this need when the NBA season is in motion and they do not have a team to respectfully cheer for. They are currently dealing with this issue by being proactive to the city and the people who are responsible for bringing in sports organizations. They will be satisfied with this solution once this change is made so they can be apart of the National Basketball Association as a fan.
5. I learned that even though this might seem like a "need" to a fan of Las Vegas, it does seem more like a wanting simply for the entertainment that it brings to the city like any other city who has a basketball team.
3. The prototypical customer person who works in sports and wants a position within the organization, this will create opportunity and bring immediate income that will ultimately help the city.
4. Iteration No 3.
The exact nature of this need is that someone who works in sports wants the opportunity to work for an organization within the city of Las Vegas. Due to the absence of this opportunity, they are at a disadvantage compared to people who works in professional sports organizations because they have a team in their city. They have had this need for years now, the sports field is very competitive so if Vegas has the opportunity to bring in a team, that immediately creates job and internship opportunities for people who have been waiting for years. They are currently addressing this issue by being proactive and hoping for owners to hopefully create a team or bring one over from another city.
5. I learned that working in sports is very competitive and the opportunities are limited. By bringing in an NBA organization to Las Vegas it will create plenty of jobs in many different markets. This is something that would not only benefit the city, but also the workers of the organization.
7. I still believe that this opportunity is still very relevant and possible that can happen in the coming
years. Not only does it cater to its fans and supporters, but also the people who works in the sports industry. It creates opportunities and income that Las Vegas currently does not have. This worked with the expansion of the NHL team so by doing so with an NBA team, history will repeat itself. I believe that my new opportunity is more accurate than when I started due to the Iterations and the details surrounding them. I believe that entrepreneurs should fully adapt their opportunities based on customer feedback. By listening to the customers, they get a different perspective and something they can take into consideration. Entrepreneurs such as Mark Cuban have capitalized on opportunities because of listening to fans and people who are outspoken on certain subjects. Overall, I believe that this going to happen and that the city of Las Vegas is going to receive many opportunities with it.
2. The unmet need is a basketball franchise in the city of the Las Vegas. The unmet need is with other basketball organizations in surrounding areas such as the Phoenix Suns, New Orleans Pelicans, or other franchise looking to expand to another city to grow and flourish. The need came from the wanting and pursing of the citizens from Las Vegas. After the immediate opporutnity success from the start of the NHL team, Vegas Golden Knights, the city is hungry for the chance of hosting an NBA team like many other cities in the United States. Steps are being made by the National Basketball Association and by owners who want to either move a team to Las Vegas or establish a brand new team from scratch. Meetings and outreaches from citizens of the area occur to its local city about bringing this opportunity for jobs and revenue. I am 100% sure this opportunity exists, it has been an on-going pursuit by fans and business people of the city.
3. The prototypical customer is a fan of sports, who is desiring an investment of bringing an NBA organization to the state of Nevada for the first time ever.
4. Iteration No 1.
I am fortunate enough to be friends with a girl who is from and lives in Las Vegas, Nevada. The exact nature of the need is that they want to continue expanding the city as a whole and by bringing an NBA team, it will create jobs, income, and a sense of unity for the city. They became aware of this need before they brought in their first sports franchise to the city, Vegas Golden Knights. Once they established this NHL team, they realized the opportunity that it had created and the effects of it. By bringing in an NBA team, it will only grow the city and come with jobs and overall money that the state will earn. They are currently addressing their need by being vocal to their city authorities. They hope one day to eventually be a apart of an organization that is bigger than themselves.
5. I learned that the city as a whole is hungry for opportunity and for a chance to grow in a multitude of ways. This girl wants to see Las Vegas continuing to succeed and by bringing this to them will bring opportunity.
3. The prototypical customer is someone who want to see NBA games in person such as the rest of the United States.
4. Iteration No 2.
The exact nature of this need is that the citizens of Las Vegas are disgruntled with the absence of an NBA in their city. They became aware of this need when other teams starting to expand and move from city to city such as Seattle to Oklahoma City and Vancouver to Memphis. The fans of Vegas want to be able to be involved as a fan with a local team in their city. They experience this need when the NBA season is in motion and they do not have a team to respectfully cheer for. They are currently dealing with this issue by being proactive to the city and the people who are responsible for bringing in sports organizations. They will be satisfied with this solution once this change is made so they can be apart of the National Basketball Association as a fan.
5. I learned that even though this might seem like a "need" to a fan of Las Vegas, it does seem more like a wanting simply for the entertainment that it brings to the city like any other city who has a basketball team.
3. The prototypical customer person who works in sports and wants a position within the organization, this will create opportunity and bring immediate income that will ultimately help the city.
4. Iteration No 3.
The exact nature of this need is that someone who works in sports wants the opportunity to work for an organization within the city of Las Vegas. Due to the absence of this opportunity, they are at a disadvantage compared to people who works in professional sports organizations because they have a team in their city. They have had this need for years now, the sports field is very competitive so if Vegas has the opportunity to bring in a team, that immediately creates job and internship opportunities for people who have been waiting for years. They are currently addressing this issue by being proactive and hoping for owners to hopefully create a team or bring one over from another city.
5. I learned that working in sports is very competitive and the opportunities are limited. By bringing in an NBA organization to Las Vegas it will create plenty of jobs in many different markets. This is something that would not only benefit the city, but also the workers of the organization.
7. I still believe that this opportunity is still very relevant and possible that can happen in the coming
years. Not only does it cater to its fans and supporters, but also the people who works in the sports industry. It creates opportunities and income that Las Vegas currently does not have. This worked with the expansion of the NHL team so by doing so with an NBA team, history will repeat itself. I believe that my new opportunity is more accurate than when I started due to the Iterations and the details surrounding them. I believe that entrepreneurs should fully adapt their opportunities based on customer feedback. By listening to the customers, they get a different perspective and something they can take into consideration. Entrepreneurs such as Mark Cuban have capitalized on opportunities because of listening to fans and people who are outspoken on certain subjects. Overall, I believe that this going to happen and that the city of Las Vegas is going to receive many opportunities with it.
Wednesday, January 9, 2019
3A- Your Entrepreneurship Story
Up until now, I have had a moderate amount of experience within entrepreneurship. During middle school, I joined and competed in a club called DECA. This organization was a club for entrepreneurship students that wanted to build upon businesses or invent something. You presented your product or change within a company to judges and competed against other kids in the state of Florida and furthermore on a national level. This gave me the experience at a young age to write, speak, and use business skills on a more professional level. In my four years in deca, I made it to states three times and nationals once. Overall, I am forever grateful for these experiences and now have obtained more knowledge since then.
I enrolled in ENT3003 to gain a better understanding of entrepreneurship and to keep learning. By learning more from this course, I can apply it better in the workforce once I am finished with college. Another reason why I took this course was because of my requirements of graduating with a certain amount of business electives and this course sounds very interesting. Overall, I am excited to learn and see what this course bring in the future.
I enrolled in ENT3003 to gain a better understanding of entrepreneurship and to keep learning. By learning more from this course, I can apply it better in the workforce once I am finished with college. Another reason why I took this course was because of my requirements of graduating with a certain amount of business electives and this course sounds very interesting. Overall, I am excited to learn and see what this course bring in the future.
2A - Bug List
1. Waiting on hold during a phone call to then later be transferred multiple times.
It happens because workers sometimes don't understand the issue and need to pass it on to someone else.
2. When there is traffic on both local and highway roads.
It happens due to possible weather conditions, accidents that may have occurred.
3. Waiting in a long line at Islands of Adventure for a one minute ride.
It happens because of the capacity that the roller coaster can hold.
4. When people eat and drink their food loudly where everyone around them can hear.
It happens because people don't know the proper manners for eating and drinking in public.
5. When your a fan for an west coast team and you live on the east coast, so you need to stay up later.
It happens because of the time difference between eastern and pacific times.
6. Drivers that don't know the driving rules and are naive while driving.
It happens because they were not properly informed with the rules and regulations.
7. When I sit out in the sun and I still don't get any color or tan.
It happens because sometimes the UV index isn't as strong as you thought it was.
8. When I have to clean up after other people.
It happens because they don't realize the mess they make and that someone has to pick up after them.
9. When the waiter at Outback does not come to check on our table, but instead hides from us to not service us.
It happens because they don't want to work hard at their job.
10. When the line at JJ's or Fat Daddy's is too long because every single student at UF goes there.
It happens because a lot of students go out and there aren't many different options for students to choose.
11. When shopping at Publix and there are only a few lanes open when the lines are very long and packed with people.
It happens because they only have a certain amount of employees working during that time of the day.
12. When you go to chipotle and they don't give you a lot of meat.
It happens because they need to proportion everything so they can distribute the food slower.
13. When the fire alarm goes off while in Broward dorms.
It happens because of a possible fire or accident that may have occurred.
14. When I am low on gas and I need to be across campus at a certain time.
It happens because of the amount of driving I do daily and forgetting to fill up on gas beforehand.
15. When the New York Giants lose a game that they should win.
It happens because of errors and mistakes conducted by the Giants that should not occur each week.
16. When someone sneezes or coughs and they do not cover their mouths.
It happens because they don't understand the germs they spread by not doing so.
17. When I wake up from a good dream and have to go to class.
It happens because I signed up for early classes stupidly.
18. When you are playing blackjack and the people next to you don't know how to play the proper way.
It happens because they don't know the "book" and were not taught the correct way.
19. When the hbo show, Entourage, came to an end.
It happens because they either run out ideas or they are not receiving the high numbers they once did.
20. When it rains as I have to walk from sorority row to the other side of campus.
It happens because of the lack of rain that the city of Gainesville has experienced recently.
The challenges I faced while coming up with my list was that, many things bother me so I didn't know which to pick. Ultimately, I was able to pick the top things that bothered me the most and that were my "bugs". There are many different explanations for why these reasons bother me and the pubic in general.
Tuesday, January 8, 2019
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