Friday, April 19, 2019

Final Reflection

The most formative experience this semester for me personally was realizing how business ventures typically begin- identifying an unmet need of consumers. This is such a simple way to think about entrepreneurship but it also contains many deep layers that I have been able to navigate through during this semester. Analyzing my market and really honing in on exactly who would be the ideal consumer for my product was an eye opening experience because your market is typically a lot smaller than you may have originally believed. Looking back, my most joyous experience has been seeing all the progress my original idea has made and how much I've been able to develop my product further- this has also been my proudest accomplishment.

I do think that as this semester has continued I have developed a more entrepreneurial mindset. Before this semester, I would have never thought I would have been capable of developing a business idea this far and in this much detail. Also, I have been able to look at new ideas and situations with a different perspective than before- a more creative but realistic perspective.

I would recommend to students that they keep an open mind throughout the process of developing your idea. It can be easy to become discouraged or close-minded when it comes to taking criticism but instead of viewing comments as negative you should learn to take these comments to better your venture. By giving yourself plenty of time to complete each assignment and really think about your ideas before composing them, you will be able to better prepare yourself for success in this class.

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