Test Post

This is a test post for assignment 1D.

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Your Exit Strategy

I think my exit strategy would be to sell my company to a previously established foodservice company such as College Chefs. I would spend the next few years building up my presence in the elementary school market before transitioning to middle and high schools. While I had planned to then move on into the college market, I think at that point one of my potential competitors would rather just buy me out. I think that would be my best option, as that would allow me to move on to other projects. I think this strategy does affect my plans to grow the company. If I know I am intending to move on once I get a big enough hold on the market, I will be willing to take more long term risks since I won't be around to deal with the fallout in the long-run. However, I wouldn't be reckless about it, and would be transparent about my intentions and my actions throughout my time working with the company,
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Venture Concept No. 2

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My business involves providing better school lunch services to schools around the country. The people who have this need the most are elementary school students. A majority of kids rely on school lunch food for their meals. Teachers also have this need, as a good amount of them also rely on school lunch. They are all at school for a long period of time, and they are unable to go out and get outside food. There are no changes to the environment that are causing this need. It is a need that has always existed without a real solution existing. The geographic area I am covering will be to start in Florida and later expand to around the United States. Demographically, I am focusing on 4-10-year-old elementary school kids. Customers are currently satisfying this need through the basic food provided by their local school district. Most would be more than willing to switch over to my company given the opportunity. I think this is a huge opportunity since there is such a huge market and so few ...
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This class has definitely provided some interesting experiences. Coming in, I thought this would be an informative and valuable class for me. I was excited about what it had in store. However, it started off with a low. I didn't realize the assignments were due at noon, so I went to submit assignment 2A at 3:00 pm only to realize I had missed it. This was really frustrating and set a bad tone for the class for me; however, I was able to bounce back. I put a little more focus on it, and I ended up enjoying the rest of the proceeding assignments. I think the best and most formative experience was finally coming up with a business idea. I had struggled with that for a while, and the ideas I had come up with were mediocre at best. But, eventually, my idea to help school lunches came to me, and it felt like the light bulb turned on over my head. That was extremely satisfying and I'm proud of the work I have done using that idea. While I think I have moved closer to an entrepreneuri...
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