assignment 2


My mother is an entrepreneur in her own right. She and her brother opened a compounding pharmacy, where she single handily took pharmaceutical sales from zero dollars a year to over four million. Also, my mother created another small business which involved selling makeup to cheer leading gyms around the country. This idea first developed for her because of my sister who was a competitive cheerleader for most of her youth life. The business started out simply from her helping the team’s coach fill a makeup order one year, and she recognized the potential opportunity of this industry. She was then able to turn it into a full-fledged niche market business, generating revenues of over twenty thousand dollars in two months of operation during the window of sales opportunity which is when all the cheer leading teams purchase their makeup for that up in coming year. The company is still successful today.


I enrolled in this class expecting to expand my own knowledge of entrepreneurship, to one day be able to open my own businesses.

Comments

  1. UnknownMay 26, 2018 at 3:41 PM

    Hi JC,
    It was nice being able to learn about your mom’s businesses. It’s nice being able to always have someone there who has been successful in the same career path you hope to take. I really liked learning about her make up business. I was a competitive dancer, so I know all about what that life is like. Your mom was genius to do something along the lines of what one of her children was doing.

    ReplyDelete
  2. UnknownMay 29, 2018 at 5:32 PM

    Hi JC! It was so interesting to read about your mother’s business. It’s so interesting how you were able to cover the wide range of businesses your mother has been able to successfully run. Specifically, I think it’s really cool that she is involved in both pharmaceuticals and cheerleading makeup. Those are such different things but clearly some entrepreneurial skills can be an overarching across types of businesses.

    ReplyDelete

Post a Comment

Popular posts from this blog

idea napkin 2

My background regarding this idea is that I surf, skate, skim, wakeboard, snowboard etc. It would be a dream come true to see this idea come to fruition one day not only because how cool it would be, but also because the board sport industry would be the ultimate career for me. I am offering an alternative to other existing ways of riding a mountain. This gives riders the ability to experience the slopes in totally new way. I am offering it to snowboarders, particularly snowboarders whom perhaps have a history skateboarding or surfing or both. This product gives rider the ability to free ride in a whole new way. With an electrically paired breaking system the rider is able ride completely free from the board. This board will have a breaking mechanism built in where it can stop itself if the rider goes out of range of the connection.
Read more

Solving the problem

The opportunity here is to create an entirely new way to ride the mountains i.e. snowboarding with out binds or any other binding mechanism. The product I am proposing is basically a skateboard deck with more concave on both the nose and tail of the board. The board has potential to have variances depending on the conditions it is meant to be used in. Variances could include things such as groves on the bottom for riding in harder more packed snow such as what you would find at a ski resort or possibly a larger wider board for deep snow that you could find in the back country. The unique aspect of this board would be the breaking mechanism. Basically the idea is to use a traditional ski break system to pair with a Bluetooth device or something of that nature, to where if the board goes out of range of the rider it automatically releases the ski break in turn stopping the board from sliding down the hill.
Read more