W 04 Reflection

     The Business model of Heather was a great source of learning and such a great example about we can work in our business plan. She was a smart woman and she was able to create her business plan from scratch with the knowledge and experience she had working for others. I like the fact that she thought in everything. She used great sources, informative and numeric and it was expressed in her model. I liked the fact that she loved the target and she detected a unattended niche. She also was looking for financing. She was a great insight of her company.

    In the HMM assignment I learned a lot about Business model. I learned all that we need to create our own business model starting from the sources we can use, the executive summary, the description and selection of our team, the marketing analysis and the marketing plan. We also learned from the owner of Virgin some common mistakes that entrepreneur just to make and how we can avoid them. All these examples were helpful to create my own business model for my ideas.

    In the action hero we learned about Paul Robshaw, who was a man in the real state business. He inherited this knowledge from his father, but not the company. We learned that even though that guy suffered a lot when he faced bankruptcy and divorce, he always was loyal to his core values. 

    $100 Challenge: this week I worked in the analysis of my project, including studying the market, target and even finances. I worked on my business plan, including my marketing plan as well. It was such a great plan and I’m so excited about working on this.