Sunday, April 24, 2016

final reflection

when I first started this class this semester, I didn't really know what to expect going into the class. I thought it would be a normal class with a bunch of reading and small assignments, but it turned out to be the total opposite. This class has been one of the best experiences that I have had throughout college because it gave me actual life lessons.  There have been some really good moments throughout the semester. I have had some hard laughs and some major bloopers with all the different assignments. The best times have been posting on this blog on a weekly basis. These blogs have turned out to be the best part of the class because I have got attached to posting on the blogs. The tough moments came in the beginning of the semester when we were asked to record ourselves and post on the blogs. I really had a tough time doing that because I am a shy person.


The experience that I will remember is the first assignment where we interviewed an entrepreneur. This will be the most memorable because I actually got to interview my grandfather who is a business owner. I really enjoy picking the brain of my grandfather because he has been so successful in his life. I am most proud about the fact that I have lasted the whole semester. This class is tougher than one would think and you have to be strong minded. I really am proud of the accomplishments that I have made.


I don't see myself as an entrepreneur yet, but I do see myself as one that is on the right track to be successful. It takes time to be labeled an entrepreneur but this class has put me in the position to be a great one. I do think I have the mindset of an entrepreneur though. Now when I am working, I always make decisions like I am the owner of the company. My mind is there but I have some things I need to work before I can be labeled an entrepreneur.


One recommendation I would give is to stay true to your self and take every opportunity this course gives you with open arms and take it seriously. Do the best you can in this course, I would say you need to be aware of what the assignments consist of and stay ahead of the work, Procrastinating in this course will cause for a bad grade.


Wednesday, April 20, 2016

venture concept 2

  The construction business in this day in age is booming across the entire state of Florida and even all over the country. Buildings and houses are being built left and right, and this type of business is never going anywhere unless something major happens. General contractors across the country are begging for sub contractors to do the work, and that is where my opportunity will come into play. My business will be a masonry contractor company that will complete jobs that require block and brick work on high rises across the state of Florida. With the upcoming amount of work across the state, I truly expect my company to have great success.
               The opportunity comes from the owners of these buildings to the general contractors that are going to hire me to do the work. These two groups of people are always in desperate needs of sub-contractors to do the work they are providing. From the geographic standpoint, the market is wide open because you can do any type of work you want across the whole country. My business is strictly going to do work in Florida because that is where the most amount of work is. Once I start to expand the business, my company will move into states such as Texas and Georgia to get more work. The opportunity is pretty big since the construction industry is booming the way it is. The more amount of work there is, the better it is for me because I can get that many more projects at one time. The window of opportunity is pretty wide open in my opinion. The amount of work isn’t going to shrink, so there is plenty of time to set a plan into place with my company.
I didn't really get any feed back on this section of the assignment. I do still believe that the geographic standpoint is wide open because their are so many jobs in my field of work. keeping so many jobs will be hard for a company like mines but i know I can handle it. moving into other states is a good idea still too. expanding my company to different states will get my name brand out there so my company can proceed for many years. 
               My innovation is to provide a company that can build these buildings as fast as I can, but with great quality of work. The quality of work is the key ingredient because it is what will bring me back to work for projects in the near future. I will meet the needs of the opportunity that is set into place. My company will be one of the best masonry corporation around the state of Florida and it won’t settle for anything less. There isn’t a set price that each project will cost, but projects will usually cost around 10 to 12 dollars per block that is being put into the building. I will have to hire an estimator to estimate the amount of work that each building has, and that is how my company will come up with the price for the work. There will be major competitors that have already established relationships within my market so I will have to be on top of my game when it comes to getting my companies name out to different contractors. These customers are going to have to try out new players when it comes to construction because of the amount of work. Right now is the right time to build the business because these contractors need people to complete the work. After I get on with a couple of general contractors, it will be hard for other competitors to do the type of work that I will do. The main component will be the fact that my company will demand to complete the job on time and per the schedule in the contract. Most of these jobs aren’t completed on time due to the company not doing the work fast enough or right the first time. MY company will demand excellence from all employees and will be completed on time. Another component will be the quality of work that will be produced on my jobs. There will absolutely be no tolerance for inefficient work done on any of the jobs. With good quality of work, contractors will either recommend or have my company back on future jobs.
My feed back was basically all in the innovation section of this assignment. One classmate told me that it will be hard to get qualified people to work inside my business. So along with the innovative section, i will make a plan to hire the most qualified person out there. To get the best of the best, i will require future employees to have a 4 year degree in this field of study. Now this doesn't have anything to do with the laborers on the jobs itself. This is required for higher up positions such as estimators and foreman. Also, each higher up employee must have experience inside the field of work. I need people who have expierenced jobs like these before so they no what it takes to keep my business running. Finally, i will conduct multiple interviews with different candidates to see which one will fit my company the most.  
               The next thing I would add to my company is a labor crew to provide to the general contractors for site maintenance and cleaning. A key aspect to a construction site is keeping the area clean so there are no safety hazards across the job. My labor crew would be provided to the contractor to keep up with the site and take care of all safety hazards that come up on the job. My company would profit money on a weekly basis while helping the contractor out on a daily basis. This new innovation would be added maybe a year or two after my company gets started because I couldn’t afford to pay all the employees from the start.
I do still like the fact of keeping a labor crew on jobs for the general contractor to use. The only thing i would change though is when i want to start this up. I previously wanted to start this after the 2nd year but i think it would be better for the company to start it up after the 4th year. I need time to settle my business in before I start to make changes. changes come with multiple risk. Sometimes, change isn't always for the better when it comes to business. 

               Five years after my company starts, I want to be sufficient and have multiple jobs across the state of Florida. I also want to have built multiple relationships with different contractors that are worldwide so when I expand, I have the contacts from different companies. 

My feedback from my classmates was all pretty positive actually. I had one negative comment on how I would get qualified employees to be apart of my business. I came back with some great ideas on how to do so by the three steps I will take in order to get hired in my company. Most people commented that they didn't know too much about construction so they couldn't really input on my post. I would like some feedback on this one to see what i need to do to make my business better. I did change my venture with the hiring process. I changed it by adding qualifications in order to get the best employees that actually suit my company the best. 

Sunday, April 17, 2016

Google gold

I used different ideas for each blog post to actually see what strategy would work better and which ones were not so effective. My strategies to maximize my blogs on the internet were very simple but effective at the same time. Google has key words that are used most of the time and that's what I tried to do. Every post, I used key words or phrases that is popular on google. I also tried to share my post as much as I could so there would be as many views as possible on my blogs. The more views that you get, the more popular your post are. Getting people to view your post is the hardest part of the whole semester. I even went as far as posting my blogs on social media to get people other than classmates to view my post.

My key words were basically phrases that people use on google the most. When customers of google search the web, they usually ask questions or simple phrases to get what they need. I used phrases that are popular on the google search engine so that my blogs would come up when they search certain things. The most popular search engines on google involve social media so it is important to work with the media in the blog post. I used things such as facebook, celebrities, hotels, and sports to maximize my views. 

I used social media by posting my blogs on my facebook and twitter accounts to get outsiders to come view my post. Social media can maximize your blogs because so many people use social media in this day in age. The key to using social media is to get people on your blog post. Users only look at things that catch their eyes so it is important to catch the eye of your audience. Most of my post got ignored because I didn't catch the eye of my audience.  

The most viral post was my very first post of the semester when I interviewed my first entrepreneur. This was most likely the most viral post because I used a key company and a big time owner of a company. When people looked up the company, they more than likely saw my post and went to see what my blog was all about. 

I didnt make it to the first page of the google results page. I made it to the third page. It is really hard to make it to the first page of the google search engine. Google being so popular, it is very challenging to get on the top. 

Sunday, April 10, 2016

celebrating failure

In life, there is going to be times when you fail and have to find a way to get past the curtain situation you were put in. During this semester, there was a couple times that I failed in something's that I was doing. The one situation that comes to mind, Was when I was at work trying to complete a task that I was given to complete. I was given the task of reading a set of plans for the building we are in the process of building and chalking a line so the masons can lay the block to build the wall. Well, the first time I attempted to chalk the line I realized this was going to be a difficult task because the plans didn't give me dimensions to measure from. I chalked the line off of some demensions that I previously knew about and it came out wrong. I went to my boss and asked him what I should do and he showed me how to do it. So when I went back up to chalk the line, I followed the instructions that he gave me and chalked the line again. Well, come to find out I didn't read the numbers right and messed the line up again. On the third try I finally chalked the line at the right place. I learned that failing is going to happen in life and it is about what you do after you fail. You have two options when you fail. You can either fix the situation and not let it happen again or you can feel sorry for yourself and fail again.

Failure is something that is apart of life and something that will happen to everyone at one point or another. Failure can actually turn out to be a positive situation for people who take advantage and keep an open mind when they fail. You handle failure by keeping an open mind and learning from the situation. If you are har headed about failing, you will never learn how to turn failure into success. A lot of times, failure needs to something way better in the future. This class has really helped me with failure in my life. There have been some difficult assignments this semester that I messed up on and didn't know how to fix it. This class has taught me to keep an open mind when it comes to failing.  Am going to fail, but it is about how I respond to failing and this class has taught me how to respond to it.




Wednesday, April 6, 2016

Exit strategy

Everything at some point has to come to an end, and that is what this assignment is about. When it comes to a business, there are different strategies that you can take to either keep it running or sell it and start something new. When it comes to my business I want to keep it as long as I can to pass it down to my kids one day. It has been my dream to start a business that can support my family for centuries. Passing down my business won't come easy because I will have to train them on how to successfully run the company.

I have chose this strategy because I believe this is a positive and more successful way to keep a business going. If you pass down the reigns to a family member, the company will stay in tact the way you planned for years and years. For example, if a company is successful enough to stay a float for years to pass down through the family, then the company had to be ran right. If you all it and let somebody else take over, then they might run the company into the ground because they don't know how to successfully run this type of company. With the experience inside the family, the company has a better opportunity to be successful.

The exit strategy has influenced other decision in a couple of different ways because it has always been my dream to pass my company down throughout the family. One way it has influenced it is by the decision I made earlier in the semester to interview my grandpa which is a successful business owner. I interviewed him because he is a successful business man no has passed his business down throughout the family. He told me successful ways to do so and good strategies that would help my business. Another decision my exit strategy has influenced is the decision I made to expand my business throughout the whole state of Florida then even expand to states such as Texas and Georgia. I made this decision so a family member can run the company from those states at a later time. The expansion of my business is what will keep my business growing so I have available spots to train my family to run the company.