Big Plans

In the first and only unit of the course Entrepreneurship, we studied how to make a business plan, how making a business works, incentives, legal structures, hedgehog concept, marketing, financial projections, sales, pitch, mission and vision statements and we read the book The E-Myth. We had many guest speakers for our FE’s. We had the founder of Purple Asparagus and the director of 826Chi come in to talk t o us. We also had our founder of GCE, Eric Davis skype in. They all talked to us about how the organization started, what they have experienced, where they got to where they are now, what challenges they faced, what marketing strategies they use and what their plans for the organization for the future are. For our action project, we had to create a business idea and make a plan. I chose to do a pet business because I like animals. In our business plan we had to incorporate everything we learned. We had to convert our business plan into a video to visually explain our business. We had to treat this project as if we are giving our business pitch to someone. During this project I had difficulties with the numbers, the financial projections and ask for a certain amount of money. I learned how much preparation and work goes into a business plan and making a pitch that will get people to invest in what you believe. To learn more about my pet business check out my prezi below. Enjoy!