Entrepreneur Amazon Whisperer

My “Don't Worry About It” involves a one contact source to maintain a property and provide security for the resident while the owners are away at a different location.

I do not believe that there is an Amazon category for this type of service.

I would provide the consumer with a one contact source for all of their property maintenance and security while they are away.

Perhaps I could extend my service to have their favorite drinks ready for them when they return and maybe mints under their pillows.

I would consider anything to give me an advantage over the completion.

I do not at this time believe that I can address an Amazon advantage due to the nature of the service that I am offering.

Entrepreneur Week 11 Reading Reflection

I hope that I am reading the correct article. It is very short. For the first time in my academic career I was unable to access the EBSCO website through the library portal.
This is the link that I found the article at: https://hbr.org/2015/06/you-need-an-innovation-strategy and it is very short.
I was not surprised by anything in the reading and nothing stood out as different to my exceptions. However, innovation strategy in today's large company's often comes from the top corporate official as a goal for the employees to accomplish. As compared to a small entrepreneurial organization that is looking to fill a customers need in order to make a profit.
None of the reading was confusing to me.
One question that I would like to ask is what do you attribute the success of most modern large company's innovative success to? And, how is this success accomplished?
I did not find anything in the reading that I thought that the author was wrong about. I have no disagreements with the author's opinion.

Entrepreneur My Unfair Advantage

Creating a list of 10 resources including human capital, social capital, financial capital, and capabilities may be a stretch, but, I'll give it a try.

As far as human capital, I have many experiences that would prove useful in my entrepreneurial endeavor.

I am able to identify the unmet needs of my customers.

I am innovative and creative in order to adapt to a dynamic situation.

My education has provided me with resources that will enable me to provide my service to my customers and make a profit doing it.

I am able to acquire more human capital when the need exists.

As far as my social capital goes, I do have social capital available to me.

I also posses the ability to acquire new social capital (fill in the holes) to satisfy the demands of the situation.

My finical capital may limited at this time. However, I do believe that I have or can raise the the capital resources needed to launch my endeavor.

I will be relaying a great deal on my capabilities. I have the experience to be able to do many of the tasks required by my endeavor myself.

I posses the knowledge to be able to acquire to more human resources as the situation dictates in order to accomplish the objectives to satisfy my customers.

As for the VRIN of my resources, My past experiences are valuable and may not be resources that others have.

Being able to identify the unmet needs of my customers may not be unique.

My ability to be innovative and creative in order to adapt to a dynamic situation may be a resource that everyone does not posse.

Many other people may have the same education as I do.

My ability to acquire more human capital as needed may not be very unique. However, I have done it before.

Many others will have social capital available to them.

Having the ability and experience of filling my social capital needs may not be unique.

Others may have access to more finical capital than I do.

My capabilities of my experience to do many of the tasks required by my endeavor may be unique.

And, my experience at acquiring more human resources will be helpful but, may not be unique.

My best VRIN asset would be my experience in many of the skills needed to accomplish my endeavor. This resource is most important in that it will enable me to get a solid start at my endeavor without doing a lot of research and enduring a lot of trial and error situations.

Entrepreneur Growing My Social Capita

I have lived in my local community for many years and am familiar with the other entrepreneurs that I may have to do business with to make my company “Don't worry about it” successful.

Most of these other entrepreneurs are successful and have never attended college. They do not see why anyone should need to attend college to be a successful entrepreneurs and are not receptive to participating in a factious college project.

Given the requirements of this assignment,I do not believe that making social contacts with these individuals for a fictitious relationship would prove to be something that I could accomplish.

However, should I decide to start and operate my company “Don't worry about it”, I have no doubt that I could create the necessary social contacts with other entrepreneurs that are necessary to make my business successful.

Entrepreneur Week 10 Reading Reflection

Nothing in this reading stood out as being different from my exceptions.
None of the reading was confusing to me, it all made perfect sense.
Given that nothing stood out and that nothing was confusing too me, I do not have any questions for the author.
I could not find anything that I thought the author was wrong about.

Entrepreneur Week 9 Reading Reflection

One thing that stood out for me was the process for developing an information-gathering questionnaire was something that I had never thought of . The process presented in the textbook makes a lot of sense. I was surprised at the complexity of the marketing research suggested by the author.

None of the reading was confusing to me.

One question that I would like to ask the author is do they really think that many small upcoming entrepreneurs will have the resources to do the extensive marketing research that they suggest? Do the authors believe that their suggested social media and mobile marketing plans are feasible for entrepreneurs starting a small business that has limited finical resources?

I am not sure if they are wrong or not, but, many small start ups will not have the resources to engage the in depth marketing research that is suggested in the text. Also, to achieve the mobile marketing results that they suggest, may be out of reach for many small entrepreneurs with limited resources.

Entrepreneur Idea Napkin No. 2

I am a full time resident of my community. I live here 365 days a year. I have experience in grounds maintenance and the knowledge of what ti takes to present a property to the owner in the same condition when they return that it was in when they left it. My aspirations for this business is to fulfill an unmet customer need. To provide a one-stop place to have their property completely maintained and monitored while they are away. If I started this business it would play a significant role in my life by providing me with a source of income and by providing my customers peace of mind.
My company "Don't Worry About It", would offer complete property maintenance and security protection for residents that are only here for part of the year. It would provide the unmet need of the convince to have one contact point for their complete property maintenance and security. Discounts would also be offered to customers who refer their neighbors that live on the same block and their referral if their referral subscribes to my services.
The demographics of my customers are that they live in this community for a portion of the year, for the other portion of the year they live in some other location. The psychographic characteristics of my customers is their expectation to be able to return to a property that is in the same condition as when they left it. The one thing that my customers have in common is that they will not be able to take care of their property themselves for a period of time.
My customers would care for the simple reason that they would only have to contact one place to have their property maintained and monitored while they are not there. They would not have the hassle of dealing with multiple vendors to maintain different aspects of their property.
My core competencies are that I am making it more convent for the property owner to have their property maintained and monitored while they are not there. I would be offering a one contact service to have their property maintained and monitored while the owners are away from their local property.
These five elements fit together. I would be available year round to support my customers. My customers would benefit from me meeting their unmet need for the convenience of having to deal with only one person for the complete maintenance and security of their property while they are not there. Many of the people that live in my community are seasonal residents. They live here for part of the year and for the other part of the year they live some place else. While they are living someplace else the convenience of only having to contact one person for their complete property management would be desirable. Again. to only have to deal with one person to maintain and monitor their property while are away would be much more simple than having to deal with multiple organizations to maintain each aspect of their property.