Assignment 3A - My Entrepreneurship Story

Assignment 3A – My Entrepreneurship Story

During my freshman year in high school, I identified an unmet need that I was able to capitalize on. While scrolling through Craigslist looking for items that I could buy and then resell for a profit, I identified one market that I did not feel had been exploited. The opportunity identification was that of the overwhelming surplus of military gear owned by veterans. I noticed that most of these veterans were not willing to take the time to sell their gear piece by piece, but that they were willing to sell their collective gear in one lot for pennies on the dollar.

Throughout all of high school, I bought approximately a dozen different compilations of military gear from veterans, and I was able to resell the gear on eBay and at flea markets and yielded considerable profits. This was perhaps my first venture of entrepreneurship, identifying an unmet need, exercising opportunity identification.

I enrolled in ENT 3003 to help shape my knowledge of entrepreneurship as well as to help develop my entrepreneurial skills. This course is also a requirement for me to earn my BSBA.

Assignment 2A - Bug List

Assignment 2A - Bug List 1. Young kids already being fat and unhealthy at such a young age WHY it exists: The parents of these young kids either do not value highly enough or do not understand the importance of ensuring that their kids eat healthy and remain physically active. 2. When people are out in public and play videos out loud on their phones and don’t bother turning down the volume down WHY it exists: These people do not take into consideration whether the videos they are playing will bother others. Another possibility is that these people do not care if the videos that they are playing will bother others. 3. When people throw trash out of their car windows while driving down the interstate WHY it exists: These people value the convenience of getting rid of their trash in a quick manner higher than the importance of keeping the environment clean. 4. When you tell a friend that you don’t want to talk about what’s wrong and they insist that you talk to them about it WHY it exists: This bug exists because the given friend cares about me and wants to know what’s wrong, but I still don’t want to talk about it. 5. When people complain about others making noises in the gym, such as dropping weights too loud or grunting when struggling to get that last repetition WHY it exists: People feel intimidated or annoyed by others making noise in the gym. 6. People cut me off in the middle of me telling a story WHY it exists: This bug exists either because my stories are boring or because the person cutting me off feels that they have something more important to say. 7. My friends get belligerently drunk several nights a week WHY it exists: My friends are unable to handle their alcohol. Many of them have an addiction to getting drunk. 8. Walking by people who smell bad out in town WHY it exists: People either do not care enough about their personal hygiene or do not have enough money and/or resources to maintain good hygiene. 9. Educated people talking using excessive amounts of slang intentionally WHY it exists: These educated people think that they will sound cooler if they talk using excessive amounts of slang. 10. When my wife takes a long time to get ready before we go out to dinner WHY it exists: My wife wants to make sure that she looks and smells good before we go out in public. 11. People don’t speak English in America WHY it exists: These people prefer to speak in another language than English and perhaps may not have taken the time to learn English. 12. Adults complain about how they work too many hours per week WHY it exists: Adults think that others will be impressed or feel bad for them if others know how many hours per week the given adults work. 13. When fellow Marines do not perform well during physical training events WHY it exists: These Marines fail to train physically in their own time and are unable to perform well during physical training events. The other possibility is that these Marines simply to not want to exert the energy to perform well on that given day. 14. People lie about something they did and then try to justify why they lied WHY it exists: These people feel guilty when caught in a lie and want the other party to understand why they chose to lie. 15. Washers in the barracks don’t drain at the end of the cycle WHY it exists: The washers are old and have not been well maintained over the years. 16. Waitresses at the local burger joint don’t refill your drink unless you ask for a refill WHY it exists: These waitresses are inexperienced and do not think to bring a refill unless it is requested. 17. I must push start my motorcycle WHY it exists: The battery on my motorcycle is old and needs to be replaced. Push starting my motorcycle is the only way that I can get it started. 18. People text while driving on a regular basis WHY it exists: People feel the need to respond immediately to their text messages and do not want to take the time to pull over on the side of the road prior to texting. Essentially, they decide that the reward of responding out weighs the risk. 19. Friends RSVP that they will be attending an event that I am hosting and then don’t show up WHY it exists: At the time that the RSVP was submitted, my friends were planning on attending, but then something more important comes up and they decide to not attend my event. 20. My dog starts barking in the middle of the night WHY it exists: My dog hears a noise and barks to scare away any possible threat and to alert myself that he heard a noise outside and is keeping watch. Reflection: I did not find it difficult to come up with this list of 20 bugs. Most of these bugs are things that bother me on a daily or near daily basis. These are things that I experience constantly, and it was easy for me to recall these constantly reoccurring bothers of mine. I enjoyed this assignment.

Initial Post

Greetings,

This is my first ever blog post using Blogger.com.

Respectfully,
Reece Porath