Thursday, August 4, 2016

Final Reflection




This semester in ENT3003 was very interesting and gave me an excellent foundation of the cognitive process involved in entrepreneurship.  By far the most formative experience was the refinement of my elevator pitch concerning my business venture.  One experience that I will remember for years to come is the assignments that required me to interview strangers in random locations while asking questions about my business venture.  My most joyous experience and the experience I am proudest of is crafting my venture concept towards the end of the semester.  This allowed me think about my venture concept in detail to consider my targeted location, pricing details, product and service mix, competitors, constructive feedback, etc.
            At the beginning of the semester I had no idea that this class would help me develop the mindset and attitude of an entrepreneur.  I thought being and thinking like an entrepreneur was exclusive to millionaires with big businesses and thousands of customers.  I definitely have become very confident that I am an entrepreneur and understand that being an entrepreneur focuses on a person’s conception of an idea to meet an unmet need.  I engage in this type of thought process at home, work, with my daughter, and my wife on a frequent basis.  The assignments in the class stimulated my thoughts to help me develop a venture concept and proved to me that I am capable of being an entrepreneur that make my ideas materialize into an actual business.

            The one recommendation that I would make to future ENT3003 students is to come up with a business idea from the beginning of the semester that your heart is truly vested into.  Otherwise, you will not enjoy the assignments.  I know this by looking at a few of my classmates’ assignments and you can tell the lack of effort on the assignment which I think was a result of them just choosing a random business idea at the beginning of the semester.  To perform best in the course I would recommend dedicating one to two hours per day to this class to work on assignments and view lectures with the intention of working ahead at all times.  Also, I would recommend reaching out to the TA mentors for help which I failed to do when I had a family emergency that caused me to fall behind and not complete a few assignments.  They are there to help in emergency situations so use them.  Another recommendation to perform best in ENT3003 is to “Just Do It” because the more you think about how uncomfortable an assignment may be, the more likely you will be to not complete an assignment.  To foster that mindset, I would suggest brainstorming and formulating an approach or plan to the tougher assignments that brings a student out of their comfort zone.  Writing down key bullet points will make some of the harder assignments seem extremely easy.  For example, when several questions are asked to meet the criteria of the assignment then I would just write answers to those questions in bullet format and then go back and construct the submission in paragraph form.

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