Posts

30A – FINAL REFLECTION

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My posts: Reading the previous posts of this year, I must say they are some flaws and mistakes but they are some that really helped me to bring this project out alive. I thought I knew a lot more about the topic, but I did not a lot of people gave a lot of valuable information, especially those who work in the airline industry. My experiences: The experience that I take the most with me are the elevator pitches. I believe that the elevator pitches have helped me grow and gather my thoughts in a great timely fashion. It also helped to be more concise and creative with my speeches. Another post I liked, was what's your secret sauce. Having to analyze myself and see what are the good things I am good at was challeging, but helpful to see my skills retrospectively. Entreprenurial mindset: I think that this class has helped me tremendously in order to view things with a more entreprenurial mindset. I was able to analyze and see things in a different way. I wouldn't call my

29A – VENTURE CONCEPT NO. 2

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Venture: Blankenese Airlines Opportunity: I see an opportunity in opening a new airline that is top in the airline industry. We want to serve Latin American cities that are often ignored. We want to offer a good service where the comfort of our clients and travelers is the most important feature. We want to provide our customers with a good array of inflight entertainment, new and top of the line aircraft, high-quality food and service, hassle-free booking and wiggle room for luggage and carry on. Innovation: We see that people are becoming more unhappy with the flying and traveling experience. We want to restore this concept by providing something never offered before. It seems now that traveling is more complicated than ever when in reality it should be a lot more simple, exactly how it was years ago. We will make a profit without the airline mainly due to the use of airplanes that are extremely self-sufficient and the operating costs are not too much. We will also charge mo

28A – YOUR EXIT STRATEGY

My Exit Strategy: I plan for Blanekenese Airlines to grow and eventually be a threat to one of the big airlines, and just hopefully be bought out by them. Then that way I have a lot of capital and create a new business idea. I mean this is not a must, maybe when it is at a point of sale I might be insecure of selling since it is a big decision in my life. Anyways I hope either of this happen as I know I had made it and achieved something amazing. Why: I think this exit is a smooth one, I will have lots of money for new business ideas I can invest in. I will also have more free time to enjoy doing the things I do. I expect to also enjoy life, as woking can get very stressing at time. I would like to be there for my family if I can, and by having the monetary means it would be an amazing achivement to help out my family members. How? No, acutally until this point I had not reallt thought of an exit idea. I have been only thinking of doing the entrepreneurship idea and reaching a g

27A – READING REFLECTION NO. 3

Book: Steve Jobs Author: Walter Isaacson What surprised me the most: The book was a great read, I fully recommend it to everyone. While there are many topics covered in the book, there is one subject that stood out to me a lot. This was the attitude of Steve with the people surrounding him. Many of us knew Jobs as the warm cool guy from the Apple Keynote events, but his authoritarian leadership style, mixed with a bit of arrogance was surprising to read. I also noticed that he was a little bit stubborn with new ideas, and that is surprising as he is one of the most famous entrepreneurs in the last century. What I admired the most: What I admired the most about Stev Jobs, was how he was able to build a huge "empire" with Apple. The fact that he was able to modernize and bring incredible technology to our lifes is truly amazing. He definitely was a pioneer, and left a sound legacy with those behind him at Apple. Adversity and Failure: Steve Jobs like many other entrep

26A – CELEBRATING FAILURE

The time I failed: Last semester was a really tough semester emtionally. I was taking Business Finance and I did not perform to my liking in the class, I procrastinated a lot. My exam grades really reflected what I had been studying. Yes, the class is tough but you must put hours of studying but I had issues going on at home that kept me from being able to focus fully on the course. Therefore I had to drop the class and it hurt a lot, because it is the first class I ever drop and I was dissapointed with myself. What I learned from it: I learned that I have to study more and not procastinate, I also learned the lesson financially as I had to retake and pay for the class a second time. I also learned that I have many tools here at UF and friends that can help me out during tough times emotionally. Reflection: Now as I am taking business finance again, I was able to weed out all the bad stuff and focus fully on the class. Now I am in good standing in the class with a big chance of

25A – What’s Next?

Existing Market: The existing market is current travelers that use airlines to travel to South America and destinations nearby. This includes leisure travelers that wish to explore South America or Latin Americans that wish to visit and tour the country. Interview #1: Female Traveler 26 years old I believe the idea of Blankenese airlines is an overall good idea but it is also a premature business concept, more thought and planning must go on in order for it to make it work. I believe that you can create a loyal customer base as there clearly is a lot of unsatisfied people now. Interview #2: Male Traveler 31 years old I like the idea but I have a hard time imagining that the concept will work in the long term. Also, I see that the huge upfront cost of investment is so large that might be an issue when trying to get people behind this business idea and invest in it. Interview #3: Male Traveler 55 years old The airline industry is extremely difficult and predatory. I would have

24A – VENTURE CONCEPT NO. 1

Venture: Blankenese Airlines Opportunity: I see an opportunity in opening a new airline that is top in the airline industry. We want to serve Latin American cities that are often ignored. We want to offer a good service where the comfort of our clients and travelers is the most important feature. We want to provide our customers with a good array of inflight entertainment, new and top of the line aircraft, high-quality food and service, hassle-free booking and wiggle room for luggage and carry on. Innovation: We see that people are becoming more unhappy with the flying and traveling experience. We want to restore this concept by providing something never offered before. It seems now that traveling is more complicated than ever when in reality it should be a lot more simple, exactly how it was years ago. We will make a profit without the airline mainly due to the use of airplanes that are extremely self-sufficient and the operating costs are not too much. We will also charge more