Sunday, May 31, 2015

Mastery Journal Week 4



1. Creativity and Innovation- Will be good with honing and focusing the creative process.
a.      I plan to narrow down my ideas for a business here. Decide on the one that has the best potential for growth as an idea and the one that will need the most tailoring so I can get the most out of this program.
b.      http://www.lynda.com/Business-Skills-tutorials/Business-Innovation-Fundamentals/153123-2.html
2. Business Venture Research- One of the most under developed aspects of any new business venture is Market Research.
a.      I would like to spend this time researching where my business would best thrive. Do some investigation on potential areas that I would like to live and determine which community would best be served by my business.
b.      http://www.lynda.com/Business-Skills-tutorials/Where-go-from-here-Using-venture-capital-firms/160363/364123-4.html
3. Product Design and Development- The product or business must be eye catching or the customers will gloss right over it.
a.      Most of my ideas are for services, so I will look into designs for advertising and logos and develop the types of services we intend to offer.
b.      http://www.lynda.com/Illustrator-tutorials/Logo-Design-Techniques/173877-2.html
4. Business Feasibility- Just because you think the customers want your product doesn’t mean your company will thrive. How marketable is your idea.
a.      Mt intention going into this class will be to look for competition or similar businesses in my chosen area to determine business success. I will also be looking at business plans from a few of my friends to start forming my own.
b.       http://www.lynda.com/Business-Skills-tutorials/Small-Business-Secrets/156584-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3aBusiness+Venture+%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
5. Business Model Development- Structure and assign positions within the company.
a.      I will be looking at business plans from a few of my friends to start forming my own. I want to focus on employment for the business and really focus on where I will need people and what capacity they will hold within the company.
b.      http://www.lynda.com/Tableau-tutorials/Foundations-Business-Analytics-Prescriptive-Analytics/371327-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3aBusiness+Venture+%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
6. Legal Issues Entrepreneurship- Knowing possible legal issues can save a lot of headache in the future.
a.      I got a brief dose of this in my Bachelor’s course and would like to get further into the local laws in my area.
b.      http://www.lynda.com/Business-Skills-tutorials/Setting-Up-Your-Small-Business-Legal-Entity/179045-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3asmall+business+legal%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
7. Entrepreneurial Finance- Good to know the basics even if you plan to hire an accountant.
a.      I know I need a lot of help in this area. I plan to have a financial professional help me out but knowing the basics is important. I will absolutely be looking for additional Lynda.com courses here.
b.      http://www.lynda.com/Business-Accounting-tutorials/Finance-Essentials-Small-Business/188211-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3aBusiness+Venture+%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
8. Marketing Strategies for Entrepreneurs- Ways to let the customers know you are there and what you provide and why they want it.
a.       I will be going back to some of my design ideas and researching ways to advertise. I am a big fan of the Dollar Shave Club method. I know they were a unique case but alternative advertising is reaching a growing market.
b.      http://www.lynda.com/Business-Business-Skills-tutorials/Operations-Management-Fundamentals/196589-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3asmall+business+legal%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
9. Innovative Work Environments- Give your employees a reason to want to come to work.
a.      I will be taking a closer look at some of the pros and cons to well know alternative work Environments such as google, apple, the chive, and tesla. Then see how I can apply it to my business model.
b.      http://www.lynda.com/Business-Business-Skills-tutorials/Operations-Management-Fundamentals/196589-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3acreative+office%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
10.  Business Model Implementation and Management- Putting it all together in the real world.
a.       Now that I have the model and plan together I would like to talk to a few banks and loan office to validate the feasibility of my plan. I can look for a few similar business owners and see if they would be willing to look over my plan and give feedback.
11.  Business Model Presentation and Thesis- Presenting a full business plan.
a.      Make Final corrections on plan. Learn to upkeep to stay with the current market and make preparations to put business plan into action.

Mastery Time Line



1. Creativity and Innovation- Will be good with honing and focusing the creative process.
a.      I plan to narrow down my ideas for a business here. Decide on the one that has the best potential for growth as an idea and the one that will need the most tailoring so I can get the most out of this program.
b.      http://www.lynda.com/Business-Skills-tutorials/Business-Innovation-Fundamentals/153123-2.html
2. Business Venture Research- One of the most under developed aspects of any new business venture is Market Research.
a.      I would like to spend this time researching where my business would best thrive. Do some investigation on potential areas that I would like to live and determine which community would best be served by my business.
b.      http://www.lynda.com/Business-Skills-tutorials/Where-go-from-here-Using-venture-capital-firms/160363/364123-4.html
3. Product Design and Development- The product or business must be eye catching or the customers will gloss right over it.
a.      Most of my ideas are for services, so I will look into designs for advertising and logos and develop the types of services we intend to offer.
b.      http://www.lynda.com/Illustrator-tutorials/Logo-Design-Techniques/173877-2.html
4. Business Feasibility- Just because you think the customers want your product doesn’t mean your company will thrive. How marketable is your idea.
a.      Mt intention going into this class will be to look for competition or similar businesses in my chosen area to determine business success. I will also be looking at business plans from a few of my friends to start forming my own.
b.       http://www.lynda.com/Business-Skills-tutorials/Small-Business-Secrets/156584-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3aBusiness+Venture+%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
5. Business Model Development- Structure and assign positions within the company.
a.      I will be looking at business plans from a few of my friends to start forming my own. I want to focus on employment for the business and really focus on where I will need people and what capacity they will hold within the company.
b.      http://www.lynda.com/Tableau-tutorials/Foundations-Business-Analytics-Prescriptive-Analytics/371327-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3aBusiness+Venture+%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
6. Legal Issues Entrepreneurship- Knowing possible legal issues can save a lot of headache in the future.
a.      I got a brief dose of this in my Bachelor’s course and would like to get further into the local laws in my area.
b.      http://www.lynda.com/Business-Skills-tutorials/Setting-Up-Your-Small-Business-Legal-Entity/179045-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3asmall+business+legal%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
7. Entrepreneurial Finance- Good to know the basics even if you plan to hire an accountant.
a.      I know I need a lot of help in this area. I plan to have a financial professional help me out but knowing the basics is important. I will absolutely be looking for additional Lynda.com courses here.
b.      http://www.lynda.com/Business-Accounting-tutorials/Finance-Essentials-Small-Business/188211-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3aBusiness+Venture+%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
8. Marketing Strategies for Entrepreneurs- Ways to let the customers know you are there and what you provide and why they want it.
a.       I will be going back to some of my design ideas and researching ways to advertise. I am a big fan of the Dollar Shave Club method. I know they were a unique case but alternative advertising is reaching a growing market.
b.      http://www.lynda.com/Business-Business-Skills-tutorials/Operations-Management-Fundamentals/196589-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3asmall+business+legal%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
9. Innovative Work Environments- Give your employees a reason to want to come to work.
a.      I will be taking a closer look at some of the pros and cons to well know alternative work Environments such as google, apple, the chive, and tesla. Then see how I can apply it to my business model.
b.       http://www.lynda.com/Business-Business-Skills-tutorials/Operations-Management-Fundamentals/196589-2.html?srchtrk=index%3a1%0alinktypeid%3a2%0aq%3acreative+office%0apage%3a1%0as%3arelevance%0asa%3atrue%0aproducttypeid%3a2
10.  Business Model Implementation and Management- Putting it all together in the real world.
a.       Now that I have the model and plan together I would like to talk to a few banks and loan office to validate the feasibility of my plan. I can look for a few similar business owners and see if they would be willing to look over my plan and give feedback.
11.  Business Model Presentation and Thesis- Presenting a full business plan.
a.      Make Final corrections on plan. Learn to upkeep to stay with the current market and make preparations to put business plan into action.

Monday, May 25, 2015

Logo and Mastery Week Three

Hi,

So I am starting my road to Mastery in Entrepreneurship. I will be using this Blog to post information on assignments and thoughts along the way. I know we were suggested to use Tumblr, but I am in a situation where that is not possible for the next few months.

For a while now I have wanted to use the name "Roof Pig" for a company. I figure this is a good place to use it. As I go into my core classes I will be focusing on a Business plan for a Restaurant that focuses on Media. The restaurant will have different media themes to bring the customers together. We will also focus on different media outlets to advertise the business.



Stay tuned for progress through the next 12 months to see how it goes.