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Showing posts from January, 2019

Solving the Problem

Solving the Problem After speaking with several people in the Panama City Beach area I learned that devastation from Hurricane Michael is a very real problem. People are continuing to suffer from the damages incurred during the hurricane. This means many people are finding themselves in situations were they truly do not know what to do about the situation. Some need repairs, some want to sale their home and move on but cannot afford to and some need basic everyday items. I think a nonprofit service that helps assist victims of the hurricane could be a good service to provide. I think help could come anywhere from guidance of what to do or where to obtain resources. I think it would be beneficial to have charitable donations for those who need assistance. I think involving volunteers to help with repairs that could be made would be beneficial. Also, having investors on hand that would like to purchase the damaged properties would be an option that could be added to assist those that ...

Testing the Hypothesis, Part 1

Testing the Hypothesis, Part 1 Home owners in the Panama City Beach area are having difficulty repairing their homes after the devastation of Hurricane Michael. · The who: Homeowners in the Panama City Beach Area · The what: They are unable to repair their homes due to lack of funding. · The why: The Hurricane damaged their property beyond affordable repair. · Testing the who: I think the homeowners in Panama City are the ones who had extensive property damage and limited funds. · Testing the what: I think those who didn’t have insurance, insurance didn’t cover, people with lack of funds are the reason the repairs still need to be done. · Testing the why: I think the repairs become essential for those that are impacted in daily life due to the devastation. The first family I interviewed was completely unsure how to get the repairs done to their house and afford these repairs. They are currently living with roof damage, water damage, electric...

Identifying Opportunities in Economic and Regulatory Trends

Identifying Opportunities in Economic & Regulatory Trends Opportunity #1 Economic: Investors and the Government Shut Down https://money.usnews.com/investing/stock-market-news/articles/2019-01-18/3-tips-for-investors-in-a-government-shutdown With the government shut down we see some investors are hesitant to invest. While people are not getting paid they are not making purchases. I think there is an opportunity for some investors since other investors are scared to invest and potentially selling off. This could make for a relatively easy potential for some investors to go ahead and invest in the market while prices are low, and inventory is high. The article states, “try to use a shutdown to your advantage. If a sector or company is likely to be affected, the market often anticipates it, building in the volatility of a shutdown before it could occur, McGuire says. Investors could use any temporary volatility or sell-offs as an opportunity to pick up quality stocks at a value p...

Identifying Local Opportunities

Identifying Local Opportunities GALLERY: 12 Panama City Hurricane Damaged Properties for Sale https://www.newsherald.com/photogallery/DA/20190122/NEWS/122009992/PH/1 Due to the damage from Hurricane Michael people are selling their damaged home as is. The property values are selling low since many had such severe damage they must sell. These properties are putting the value into the land in hopes that rebuilding can be accomplished. The problem is the damaged property, decreased property values, the fact that these are cash sells since due to the damage traditional financing is no longer an option. The problem exists for several people. The problem exists for the property owners who experienced severe damage. It could exist for individuals who would like to purchase a property but cannot get financing for the property. It could exist a problem for people in the surrounding areas as their property values will decline with the surrounding properties selling for so cheap. Rebuild...

Forming An Opportunity Belief

Forming An Opportunity Belief · Your beginning point. I believe there is a need for housing in Panama City after the devastation of the hurricane. · Describe your belief. The unmet need is the housing crisis since Hurricane Michael. The people with this need are the people that suffered severe damage from the Hurricane. This need came from a natural disaster. People are currently living in damaged homes, tents and Fema trailers without the resources to either fix their property or move. I am very sure this need exists. · Identify the prototypical customer. The customer could be the person that experienced property damage due to Hurricane Michael in the Panama City area. · Iteration No. 1: I spoke with three prototypical customers that had experienced damage on the property they were living in due to Hurricane Michael that gave me feedback on their current situation. The first person I spoke with had property damage to the property they own. They did no...

Your Entrepreneurship Story

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Your Entrepreneurship Story I have had several different encounters with entrepreneurship in my life. Somewhere focused on meeting entrepreneurs themselves, becoming involved in entrepreneurship, helping others launch a business and taking an entrepreneurship class in the past. I think each one brought me a deeper understanding of how the entrepreneurship process and experience is and it is different for everyone. I assisted my mom build a real estate business and I was responsible for much of the marketing that helped build up clientele. I helped establish the “I Can Group” at Gulf Coast State College, as Vice President of the group we established the group from the ground up. I have meet an owner of an Doctors Office and interviewed them about their personal experience building and growing a business. I have taken this class partially in the past and learned some things about entrepreneurship that I was completely unaware of. I took this class to expand my knowledge of the entr...

The Bug List

The Bug List 1. The uncertainty of not knowing what career path or graduate school I will attend after graduation. Reason: I have only applied to one school and did not get accepted so now I am unsure what to do next. I haven’t enacted a backup plan or an idea of what my next step is. 2. Taking a break from course work and realizing I do not have lunch. Reason: Because I did not do a meal prep plan or go grocery shopping. 3. My boyfriend having a female roommate. Reason: He had a female roommate before we met. 4. After managing a seasonal job previous coworker still have questions that don’t involve me anymore. Reason: Because my coworkers depended on me as a leader and still see me in that role after the job is complete. 5. Getting a new piece of technology and not knowing how to use it. Reason: I did not research how to utilize the equipment since I was impatient to start using it. 6. Having to keep up with a jacket in the winter time w...

Test Drive

You are invited to join this journey with me in "Big Dreams".