Week 5 Reading Reflection

The thing that surprised me the most from chapter 9 was the amount of things on the new-venture idea checklist.  This checklist includes questions about so many aspects of creating a venture such as feasibility, competitive advantages, buyer decisions, marketing and production of the good and services and much more. Nothing from this chapter confused me, each point was explained well enough to get the concept. I would ask the author if you are missing any part of the new venture idea checklist is this when problems occur? and Which method do you think is the best approach for assessing entrepreneurial opportunities? I would ask these questions because I think the author probably has a preference for which method is the best. I do not disagree with anything the author said I think that all of the problems that cause a new venture to fail make complete sense and I think the checklist is a good way to analyze the success of a new venture idea.

Elevator Pitch No. 1

The name of my business plan is a non-profit program called The Teacher Relief Program. This program sets out to make teachers feel appreciated and like they are actually making a difference in someones life. Much of what teachers go through is becoming discouraged by the school system by getting pay cuts or even by family members who disagree with how the classroom is ran on a day to day basis. What many do not realize is what these teachers do behind the scenes for their students. I personally have felt this from some of the teachers I have had over the years and for the ones who have not been that way I think they just need a push in the right direction and to feel appreciated.