ENT3003

The most formative experience was when we started to come up with our business venture ideas. Therefore the assignments testing the hypothesis and solving the problem were very formative for me. I think the idenfiying opportunities are definitely something that will stick with me for years to come because I notice myself seeing opportunities in my day-to-day life of people having unmet needs. My most joyous experience was developing what I think would be a great and successful business venture. I am particularly proud of myself for completing not one, not two, but three elevator pitches. I was very tempted to skip these assignments because I am so uncomfortable speaking in front of a camera, but I did it.   At the beginning of this course, I did not see myself as an entrepreneur. But now, I definitely can see myself being an entrepreneur. I don’t think I would actually enact on it and pursue this—but it is something that I think I could be good at. I 100% moved closer to developing...

1) The opportunity present here is those current subscription box subscribers that are unhappy with their subscription boxes. They are unhappy with the choices and costs that come with their current boxes. The opportunity is also present in people who are interested in joining a subscription box but don’t like the idea of getting items they will not enjoy. This particular market really can be defined in all demographics, my subscription box will appeal to both men and women, as well as people of all ages, with all types of interests and hobbies. The main target market would be women in their 20’s and 30’s, as they are the most willing to try a subscription box as well as those currently subscribed to one or more subscription boxes. Customers are currently satisfying their needs of variety by ordering multiple subscription boxes and getting a hefty bill. I think once they see a cheaper option their loyalty to these other companies will end. I think my business has a huge opportunity bec...