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Showing posts from February, 2019

14A – HALFWAY REFLECTION

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1) Definitely get an early start in projects, see them at the beginning of the week and plan out how long the blog posts will take. Also by having read th directions and guidelines, you will be able to come up with ideas before you write the post. Also pay attention to Dr. Pryor's video announcements as they help you narrow down your thought process when writing the blog posts. 2) The last post I wrote was definitely a tough one, hahving to read a book made me almost want to quit, but in reality I really need a good grade in this class because my GPA suffered "damages" in the last semester so I do not want to lower it, I want o raise it back up. Just do the posts, take your time, and enjoy the ride it helps you think anatically and analyze multiple situations with more entreprenurial eyes. Having to do so many interviews has definitely helped too see that it is good to get new point of views when approaching a new project. 3) 1- Attend the workshop for the extra cred...

13A - READING REFLECTION NO.1

Book Ray Kroc's "Grinding it out: The making of McDonald's" What surprised you the most? What caught my eye at first is how Ray was able to take one restaurant, to a worldwide scale known almost anywhere in the wall. And just by simply offering burger and fries. I also was surprised all the steps he took in order to turn McDonalds into a sensation in the states, and now having arguably the best food chain in the world. What about the entrepreneur did you most admire? I admire the most of Ray his persistence and drive in order to turn a succesful restaurant locally to a nationwide level. His determination was most definitely what I admired the most. Also i admired how when he ran into obstacles such as bumps in building a new restaurant in ceratin parts of the country, he always took "no's" and worked on them to make them into yes, so that stood out a lot. What about the entrepreneur did you  least  admire? R Ray got there with a lot of to...

12A – FIGURING OUT BUYER BEHAVIOR NO. 1

Segment: The segment for my project was interviewing people that were aware of the airline industry, or that they travel frequently. These interviews will help me get more of a clear picture of what is it that people want and see if people also see a lack of the quality of the service provided by other competing airlines. I will also ask if they see this as a viable way of creating a profitable startup. Interviews: 1)     I interviewed 31-year-old Hispanic male, that works with an international company. His take on the subject was very interesting, as his company actually is related to ships, yachts, boats and cruise ships. So, he is very aware of international transportation, He agreed that there is a lack of routes being offered, he also did agree that the quality of service provided has declined sharply in the last couple of years. However, he has particularly skeptical in the sense that airlines are not very profitable. He told me that before you proceed with ...

11A - IDEA NAPKIN NO. 1

1)     Me:  Mario Paredes was born in Chile in 1995. After moving to the US at age 12, from Chile he has grown a lot and learned a lot. He lived one year in Germany, where he learned the German language. He now speaks fluently three languages: Spanish, English and German. Other than that, his skills are pretty much the same of an average University of Florida student. He is very good at finding good deals and purchasing good at a low price. He has had the opportunity to travel a lot on his own, where it has lead him to grow a lot as a person, throughout different experiences abroad. He does not enjoy being in his comfort zone as he feels sometimes that drags him down so he needs to be constantly looking for new upcoming challenges. By having traveled so much, and speaking different languages he has been able to detect flaws on international travel. Bringing this experience to create a new airline that starts operating within the Latin American market and especiall...

10A – ELEVATOR PITCH NO. 1

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9A - TESTING THE HYPOTHESIS, PART 2

The "Who": After interviewing more people about this subject. I found out there are many people who are not particularly interested in international travel. I found that many of those who I interviewed did not possess a passport, or if they did it was possibly expired. I also noticed many people were not too motivated to travel in case they needed to purchase or go through a visa process application to go to that country, or paying a reciprocity fee. I also found that there are particular persons that are terrified of getting into an airplane, especially when the route crossed through oceans or large seas. The "What": This is the most challenging part of the assignment, So far I have not been able to measure correct data in what is that people want. A strong luxurious airline that offers quality flight, broad options in terms of a cabin and carry-on luggage, newer aircraft, comfortable lounge areas, and top of the line food and entertainment services onboard. The...

8A - SOLVING THE PROBLEM

Opportunity: I see a huge opportunity because there is an important a huge market that is not satisfied. Either people that are deal hunters like me and search for good deals to travel or professionals or people who rather spend that extra money and travel not necessarily more luxurious but have a more pleasant and comfortable flight. As we saw people that are interested right now in traveling are aware of this issue, yet nobody has really stepped up to do something about it. Obviously, this idea is not something I am committed to 100% but I do see an opportunity for a market that is hot having their wishes fulfilled. Service to be offered: My implementation would be to create an airline that competes with the current airlines that travel to South America. I am not sure now after the interviews if the low-cost or high-end airline is a better idea, this would have to go under extensive research in order to find which one would become more successful. But I pretend to offer services ...

7A - TESTING THE HYPOTHESIS, PART 1

Opportunity: Due to the expensive tickets to most of the cities in South America, I see an opportunity in opening a new airline with competitive prices in which it can create more competition to current airlines who fly from American cities to Latin American cities. The Who: Latin American people who live in the United States and want to go back home wither for work or holidays, and for American people to travel on competitive airfares to South American cities. The What: Prices are too expensive to travel at the moment, due to the manipulation of the prices of large airline alliances. The Why: Price manipulation is making it hard for people to travel for lower prices. Testing; The Who: Ask people that are interested in flying to Latin American cities for cheaper prices, have more flexibility in terms of the schedule of flights. Access to new routes which possibly before were not offered. So companies with Latin American presence is key as well and vice versa (So...