To keep up with this entrepreneurship course, I had to tap into the depths of my creativity. While there are so many challenges that need solving in our society, figuring out a business model to focus on one was a bit more challenging than I’d expected. I found myself surrounded by pressing issues, and establishing an idea and tactics required a lot of innovative thinking. I also discovered that socialization and networking is a huge factor that I practiced much of these past couple of months. It’s crucial that I communicate with people about my idea and goal, especially because these people are the backbone of the product and are the ones who will ultimately be exposed to it most. Interviewing and listening to a wide range of individuals definitely got me networking in broader ranges.
My first obstacle came in the form of doubt that anyone would use my product. I was eager about the idea and determined to create something that would benefit many, but talking to some individuals who didn’t express strong interest definitely discouraged me at times. This was hard to overcome, especially in the beginning, because it seemed enticing to throw away the idea and start with something that would be more “revolutionary.” Pressing on, however, allowed me to encounter new groups of people who not only wanted the product but expressed a need for it. This refueled my motivation--especially after talking to a friend who has several immunocompromised siblings and would find great use for protective masks that are skin-toned.
To the next semester’s students who are embarking on a new entrepreneurial journey, I’d say that constantly thinking about the world and what it needs is going to be an invaluable tool. Don’t zone out, don’t slumber and don’t stay complacent with the way things are. Open your eyes and think about what’s happening and what people need--then you’ll have a platform to create something that will not only be fulfilling to you but help people who have a need. Secondly, don’t expect to please everyone. If one person, or multiple people, reject your idea or show indifference, it doesn’t mean your idea sucks. One product can’t possibly satisfy the needs of every single person, so you’ll have to target a niche and focus on that segment instead of trying to deliver to every single person you meet. Lastly, believe that your idea is worth it and push it. Your product can only be as good as you think it is, so don’t downplay it or show signs of timidness when presenting it. Have faith in what you devised!
Jung,
ReplyDeleteFor this course, creativity is a big aspect and key for success. Entrepreneurs have to have that creativity for their idea to flow and make some progress. Complacency got to me last semester when I thought that I was ahead of my work and I started to slack off and ended up getting a grade that I didn't want. A complacent entrepreneur loses ground and won't make strides.
Hey Jung,
ReplyDeleteNarrowing down an idea I wanted to pursue was also difficult task for me. I had multiple ideas in the beginning but in the end, I chose the topic I felt most passionate about because that when I usually do my best work. Even though I’ve faced some obstacles, I have been able to overcome them by not giving up.
Hi Jung!
ReplyDeleteI also agree with your first obstacle, which I think is quite comical considering that we're both developing face masks. But at the same time we're developing two different types of solutions for the same problem. I think this is where our different tastes in fashion and creativity play a huge part. Throughout reading this assignment post I felt the part that spoke to me the most is when you said that you're idea is only as good as you think it is. I believe this is so important, especially because as en entrepreneur you have to sell your own product!