Free Money

Today I went to a random apartment complex’s pool near my apartment to find random people to give a dollar to. It was really awkward. I predicted that I wouldn’t have a hard time giving away free money, and my prediction was correct. My tactic was to go up to them and just be very blunt and straight forward, and so that’s what I did. I approached them and asked if they wanted a dollar because I was “feeling generous today”. Yes, I got weird looks, but they took the dollar. All of the people I approached were busy reading, studying, or listening to music. 

https://www.youtube.com/watch?v=U2RUKFhMKOY

https://www.youtube.com/watch?v=9RMLeiyY_Jc

Week 7 Reading Reflection

Biggest surprise: What stands most to me in this chapter is the great variation of company types, and how those decisions affect your company in the future. Although I suppose you can change your company type later on in the life of the company.

Confusing: Nothing in this reading was confusing to me, except perhaps the gravity of decision spectrum.

Two questions: I would ask the author what he thinks is the easiest type of company to run, and whether it is more effective to give the consumer as much information about a product as possible, or to appeal to their emotions.

Disagree: I don’t disagree with the author about anything in this chapter.

Elevator Pitch No. 2

https://youtu.be/YW_vohkVYig

From my third round of interviews, I learned a lot. I learned that no matter what, there is going to be a group of college-aged students who will not eat out at restaurants, no matter how appealing. They are on a tight budget and they realize that cooking at home is more cost effective. I also learned that serving alcohol would be incredibly beneficial to my restaurant's income, and would attract a lot more customers. The concept of mimosas and bloody marys seem to be very popular and get students excited about the restaurant.