Week 4 Reading Reflection

1.  One thing I was surprised by about this chapter was opportunity identification.  Prior to reading I had no idea how to identify a business opportunity.  However, it is quite simple.  You look for a need then expand on what surrounds that need.  However there are also idea killers.  Although some people may view these as looking out, there is also chance that you are ruining a future entrepreneur.
2.  The thing I found confusing about this chapter was the idea behind innovation.  It is clear that innovation is the push for future benefit.  However when the author went into depth about it he made it seem far more confusing than it really is.  Being innovative could simply be looked at as trying to continually evolve so that you stay afloat.
3.  The first question I would ask is how should I try to know when idea killers are false, also I would ask about learning how to format data to see opportunities.
4.  From this chapter I don't believe that there was anything that the author was wrong about.

Customer Interviews No. 1

1.  Opportunity:  Gainesville nightlife is becoming boring lately, what could make it better?  Therefore, my opportunity is to open up a promotion company in Gainesville.
2.  The people with the unmet need are college kids who enjoy going out.  Therefore prior to interviewing these people I will as them if they go out.
3.  Questions:
   1.  Do you enjoy going out to midtown?
   2.  What is your favorite day to go out?
   3.  Why is it your favorite day?
   4.  Would you go out more often if everyday was like that?
   5.  Would you support a promotional company that made every night that good?
4.  Videos are below
5.  This opportunity taught me that the best way to know what people want is by asking them.  Now that I received the feedback from the customers I think starting this company would be a great idea.
6.  I enjoyed interviewing all the customers.  I was not really nervous throughout it, however I did appreciate hearing all of their opinions.  I enjoyed hearing their input and I look forward to using most of their advice.

Top 5 World Problems

1.  Water reductions

Water is a finite resource and since the world population is continually increasing the amount of water is falling with it.  Therefore, sooner or later there may not be water to use.

Solution Rank=1: A solution to this would be cutting back on agriculture and restricting water use across the globe by implementing strict water laws.

2.  Global Warming

The world continues to get warmer.  Due to the fact that industry is pumping and population continues to increase, carbon emissions will continue to rise.

Solution Rank=3: A solution to this would be to make the emission rules stricter.  By dong so we could slow down emissions and try to rebuild our o-zone.

3.  World Population increase

The World Population continues to grow at a exponential rate.  This growth rate is making people think that the world may not be able to support this growth.

Solution Rank=2: A solution to this would be limiting the number of children people are able to have and increasing planned parenthood organizations in specific areas.

4.  Poverty

Some of the world right now is in poverty.  These poor places like Africa have high numbers of offspring and therefore, the poor population continues to grow.  That being said, these children do not have the resources to survive and thrive and the cycle continues.

Solution Rank=5: A solution to this would be encouraging countries to grow by providing a structure that enables to them.  Also the promotion of education is necessary for growth.

5.  Religious Warfare

As terrorist groups form, many people have begun to look at religion in a different light.  Anti-Semites and radicals alike are spreading hate for specific religions.  Due to this hate, there have been many deaths and attacks.

Solution Rank=4: A solution to this would be to strengthen military and try to severely punish anti-Semites.

            For rank ordering the problems above I had to choose which were the most severe.  I placed Water Reductions as number one because if we do not have water there is no life.  Although they are coming out with ways to turn salt water into drinking water those ways are extremely expensive.  I selected Global Warming as number two because if our world continues to warm we will be subject to extreme weather, this will result in deaths that we cannot control.  I chose World Population Increase as number 3 because if the world’s population continues to grow, water reserves will run out faster and global warming will speed up.  I placed Poverty as number 4 because if the majority of the world lives in poverty it hurts the advancement of the world as a whole.   I then placed Religious Warfare at number five because people are being killed daily for declaring a specific religion, which causes many to live in fear.  

For rank ordering the solutions I chose which solutions I believed to be the easiest to implement.  I though my solution for Water Reductions was number one because passing a law could solve that.  Although it is hard to pass a law it is still easier to do and monitor than the other solutions.  I chose the solution to the World’s Population increase next.  I chose this because it is also a law however this law would be harder to follow than water restrictions due to the fact that many pregnancies are unplanned.  As I stated above laws may be hard to pass but it is still easier than the other solutions.  Next I chose the solution for Global Warming.  Passing laws on emissions once again solves this, however it is hard to monitor emissions.  Then I chose the solution for Religious Warfare.  Creating a military is very hard it takes up a lot of money in taxes, that is why it is ranked number four.  However, it is easier than my solution to Poverty.  This was the last one because it seems like the hardest one to implement.  It would be very difficult to create schools in these poverty stricken areas.  There are so many areas that it would cost a ton of money. Therefore, this solution is number 5.

Week 3 Reading Reflection

1.  The biggest surprise that I had about the reading was the discussion about an entrepreneur's motivation.  I always try to motivate myself whenever I set my sights on a goal so that I am as determined as possible to reach it.  Therefore, I enjoyed reading about this.
2.  What I found confusing about the reading was the fact that the author had a section on the entrepreneur trusting their coworkers and then a section on the entrepreneur having a feeling of distrust toward their coworker.  So is it wise to always have a feeling of distrust to make sure you are not getting pushed over?
3.  If I could ask the author two questions one would be, what is their best way to have a continued motivation?  Also I would ask them how to avoid distractions when relating those distractions to my entrepreneurial mindset.
4.  This week I didn't think there was anything wrong about what the author said.

Identifying Local Oppurtunities

1. 15-year-old girl accused of bomb threats at Keys schools
http://infoweb.newsbank.com/resources/doc/nb/news/15A9384073104FB8?p=AWNB 
This article was about a girl that continued to make bomb threats to multiple high schools.  She made multiple threats resulting in fear and anxiety.  She was later arrested and is awaiting trial.
The problem presented in this story is that the police doesn't have the proper tools to locate the person making the threats fast enough.  Therefore, people are forced to wait in fear and anxiety.
The people have the problem because of the fact that they have to deal with this psychotic person.
2.  Police: Kendall man showed off ISIS execution videos, vowed to dress as the Joker and kill boss
http://infoweb.newsbank.com/resources/doc/nb/news/15A93838B537EE90?p=AWNB
This article talks about a worker who said that he was going to murder his coworkers after he pledged allegiance to Allah.  Apparently he was posting pictures of him dressed like a clown carrying large knives on social media.  
The problem presented in this story is a problem of radical terrorists.  As the war on terror continues to grow.  Terrorists are beginning to grow in our own nation.  
The problem belongs to the people because they are the ones that the terrorists will attack.
3.Homestead man arrested in MLK Day shooting of 14-year-old boy
http://infoweb.newsbank.com/resources/doc/nb/news/15A93833597C0C40?p=AWNB
This article discussed the fact that a 14 year old boy was shot and killed at a MLK Day event.  
The problem mentioned in this article is a problem relating to gun control.  If guns were not in play there is a large chance that that 14 year old boy would be alive today.
The problem is once again that of the people's.
4.  Broward Health CEO and president El Sanadi dies from self-inflicted wound
http://infoweb.newsbank.com/resources/doc/nb/news/15A9383CD33177A8?p=AWNB
The CEO of Broward Health shot and killed himself after fighting an investigation that mentioned the fact that Broward Health colluded with doctors that were committing medicare fraud.
The problem mentioned in this article is the suicide of a great doctor.  Although he might hve done something illegal he shouldnt have taken his own life.
The problem is now on his family's hands who have to deal with his death.
5.  Cops from six agencies shoot, kill 14 in Miami-Dade last year
http://infoweb.newsbank.com/resources/doc/nb/news/15A88F87546FBC38?p=AWNB
The article discussed the 23 shootings that occurred in Miami-Dade county.  14 of those shootings ended in death.
The problem mentioned in this article is police brutality.  Many people believe that in some of these cases the police didn't ned to use their weapon and instead they could have used alternate measures.
The problem here is on the civilians because now they have to watch out for the police and make sure they are not the next to be brutalized. 

World's Biggest Problems

1.  Racial divides
Many people are still extremely racist.  That being said it is hard to unify people when one group hates another.
I believe a solution to this would be the continual preaching of unity and teaching children to love everyone.
2.  Water reductions
Water is a finite resource and since the world population is continually increasing the amount of water is falling with it.  Therefore, sooner or later there may not be water to use.
A solution to this would be cutting back on agriculture and restricting water use across the globe by implementing strict water laws.
3.  Global Warming
The world continues to get warmer.  Due to the fact that industry is pumping and population continues to increase, carbon emissions will continue to rise.
A solution to this would be to make the emission rules more strict.  By dong so we could slow down emissions and try to rebuild our o-zone.
4.  Extinction
Many of the animals we once had are gone.  Beautiful species are getting wiped out left and right.  If this continues the only animals we will have will be domesticated ones.
A solution would be restricting hunting and making poaching penalties more severe.
5.  World Population increase
The World Population continues to grow at a exponential rate.  This growth rate is making people think that the world may not be able to support this growth.
A solution to this would be limiting the number of children people are able to have and increasing planned parenthood organizations in specific areas.
6.  Terrorism
As terrorism continues to grow globally it is apparent that people are more on edge.  Terrorism also causes unnecessary civilian deaths.
A solution to this is having an aggressive military approach against terrorism and trying to eliminate these groups before they grow.
7.  Poverty
Some of the world right now is in poverty.  These poor places like Africa have high numbers of offspring and therefore, the poor population continues to grow.  That being said, these children do not have the resources to survive and thrive and the cycle continues.
A solution to this would be encouraging countries to grow by providing a structure that enables to them.  Also the promotion of education is necessary for growth.
8.  Unemployment
Unemployment is increasing for young individuals across the globe.  That being said, these young individuals will have a hard time getting upper level positions later in life and will be forced to remain in the lower class.
A solution to this would be to spur the economy and allow for business growth so that there are more jobs in the market.
9.  Threat of Cyber Warfare
As the internet grows more vital in daily life it is clear that cyber warfare could threaten billions of individuals.  Due to increased threats of cyber attacks, people have began to become scared of sharing things on the web.
A solution to this would be to invest more money into cyber security to prevent an attack.
10.  Religious Warfare
As terrorist groups form, many people have begun to look at religion in a different light.  Anti-Semites and radicals alike are spreading hate for specific religions.  Due to this hate, there has been many deaths and attacks.
A solution to this would be to strengthen military and try to severely punish anti-Semites.

Week 2 Reading Reflection

The main things that stuck out to me were the myths.  The one myth that hit the core was the myth about entrepreneurs and money.  The myth said that many people believe that all entrepreneurs need is money.  However, the book discussed the fact that money is necessary but it doesn't make or break the idea itself.  That being said, I have always believe that capital was vital for ventures.
The thing that confused me the most was how entrepreneurs receive capital.  I found it hard to understand but i figured that they will touch more upon this in future chapters.
I would ask him if he has had success as an entrepreneur because i would assume he has if he could write a book on it.  Also, I would ask him for more examples on entrepreneurial situations.
I agreed with most of the things the author said.  However, i believe that entrepreneurs are more doers than thinkers.  I believe that doing is key to creating a business.  A thought is only a thought if you don't make something of it.

Bug List

1.  People who chew with their mouth open.
I feel like its disrespectful, it is also annoying.
2. People who talk to loud
I don't like trying to speak over someone, it is uncomfortable
3. When it is too hot outside
No one likes to be overheated
4. When people can't make eye contact
It makes me uncomfortable
5.  When people over think things
I do not like drama
6. When people do not laugh at my jokes
Im hilarious so i expect people to laugh
7.  When my LARP team shows up late
It disrespectful to misuse someones time
8. When people complain
Whining is annoying and ruins a good time
9.  When my roommate adjusts the AC
I like it cold so it is annoying when it is hot
10. When people fight
Fighting is uncomfortable for those around
11. When someone eats my food
It is my food not yours do not eat my stuff
12. When people copy my sayings
Copy cats are annoying
13.  When someone ignores me
How hard is it to answer a question
14. When people wake me up
Don't wake me up if theres no need to
15. When someone takes forever to answer my email
I answer my email daily so I think a week is excessive
16. When your card gets declined
It is embarrassing
17.  When you air ball in recreational basketball
You look terrible
18.  When you skip working out then feel terrible
It throws you out of rhythm
19.  When you forget about homework.
It is never fun to forget an assignment
20.  When you lock yourself out of the car
It is a pain to get a locksmith o open your car again

reflection
I found this assignment decently challenging.  Since I don't complain much it took a while for me to come up with things.  However most of the things on my list I can change so I am not to upset.

My Entrepreneurship Story

      I was introduced to entrepreneurship this summer when I started my own LLC.  I was hanging out with a couple of friends and we began to talk about the stock market.  This one conversation gave us the idea to start our own trading company.  Therefore, we created the LLC and began to trade our own portfolio.  It was a great experience and I learned a lot doing it.
      The reason that I enrolled in this class is because I wanted to learn more about what it takes to start your own company.  I wanted to learn about the thought process that is involved when one creates something of their own.  I also joined this class to inspire my inner creator.

Introduction

Hey everyone, I am Hunter Boyett a sophomore finance major from Miami, Florida.  I have two brothers and one sister.  Growing up in a large family was awesome, there was always something to do and always someone to talk to.   Growing up I developed a passion for the stock market.  Therefore, I hope to one day own my own hedge-fund.  I enjoy traveling, reading, and going on long hikes.

The Entrpreneur's Mantra

Intro

Hey people, I am Hunter Boyett a sophomore finance major from Miami, FL, thanks for checking out my blog!