Analysis : ' Big Ideas '

In the book, “All in Startup: Launching a New Ideas When Everything is on the Line” the main character Owen Chase, the business owner of Rebicycle, attends The World Series of Poker tournament in Las Vegas. After talking to a successful entrepreneur, Samantha, he finally realizes his flawed business model and decided to turn things around with the help of her mentorship.

D’rita Robinson, Founder of Chatty Guest. First in family to go to college. Pursing a couple of career paths decided to embark. Ashlie Davis, Founder of Smash Shoes. Looked for ways to solve problems. Problem solving knack became my motivation to start Smash Shoes. Reginald F. Lewis was considered the richest African-American man’s in the 1980’s. Lewis went to Harvard Law School and he graduate from there to. Some potential cause include the growing power of entrenched and larger companies,slowing population growth, and more recently, the financial crisis, which wiped out hundreds of thousands of businesses. That’s bad new for anyone who understands that entrepreneurship, with its power to create jobs, has profound effects on the economy. Small business provides about half of all private sector jobs in the U.S. , per the Small Business Administration. The Kauffman Foundation's 2015 startup index shows dramatic changes in the composition of new entrepreneurship since 1996-new business owners are now 40% Asian,Black and Latino, compared to 23% two decades ago. It turns out to be African American Entrepreneurs are more likely to be “necessity-based”

I have always been interested in “doing my own thing” or, better known as, entrepreneurship. In high school, I would buy T-shirts, sweatshirts, and hats in bulk. I’d embroider little emblems on them and mark up the price by 100%. People at school would buy $1 shirts and pay $9 for my craftsmanship. However, I wanted bigger and better things. I channeled Andrew Carnegie in my approach to business: why just stop at my little venture when I could vertically integrate and market for myself? I decided to invest all my money in a new cause and thus, my own social media marketing company was born. The skills I’ve learned in starting my company is something that cannot be taught. I would relish the opportunity to grow and learn at an institution like The Stephen M. Ross School of Business that understands the importance of innovation and exploration.

The youthful exuberance of the book does not detract from the professionalism of the message. Mycoskie hits, again and again, the idea that helping the world can be profitable, with plenty of quotes and examples from business leaders and entrepreneurs. He is not a wide-eyed college freshman but a battle-tested visionary,

Imagination. The force behind our direction in life, the fuel for what we hope to achieve, and the inspiration to follow a unique path. However, often unnoticed within our society, imagination also provides the framework necessary to avoid conforming to evil advertisements and political schemes. As Frye teaches through his lecture series, The Educated Imagination, literary training is of utmost importance in developing imagination, fostering of a progressive "social vision." Literary training can make the difference between being able to openly expressing values while working towards an ideal future, and being trapped behind the laws of an oppressive political regime such as communism, starved of imagination and in a state of belief that what

The clip from Silicon Valley showed many entrepreneurs pitching their trivial products under the slogan that the products “will make the world a better place” and is “local, mobile, social”. These pitches essentially strung big words together in hopes that the investors will fund the products. This satirical portrayal of the entrepreneurs contributes to the conversations we had on the current climate of entrepreneurship and the goal of entrepreneurial ideas. As described in Avery Wiscomb’s article “The Entrepreneurship Racket”, many students and faculties are feeling the pressure of being entrepreneurs. Under this pressure, students develop ideas that are as trivial as those portrayed in the video and the contradiction between the slogans and

Nayab, N., (2013). Understanding the Timmons Model of Entrepreneurship. Date Retrieved June 25, 2013 http://www.brighthub.com/office/entrepreneurs/articles/73336.aspx#imgn_0

In “Big Ideas, Big Problems” Stefan Halper observes that American media is flawed because of how it over-condenses complicated and elaborate situations into simple slogans, thus reducing America’s political debate to elementary standards and silencing the voice of rational ideals. Halper explains that the simple slogans, called “Big Ideas”, are one of the main reasons why the public has become misinformed of major world issues. Another reason for the misinformation of the public is the media, whose only concern is the attraction of new viewers, covering stories to entertain and fill spaces of time in their twenty-four hour coverage. These two problems have proven to be active in the decline of our country’s logical decision making. Three generations of Americans

A recent article from BigThink, written by Philip Perry, discusses a group of researchers who have found the source of anxiety within the brain. Mazen Kheirbek, Ph.D, the head researcher of this study, stuck a miniature microscope in the brains of mice in order to find what he is now calling “anxiety cells”. Kheirbek put the mice in strenuous situations that would cause them to have anxiety, he then looked for the part of the brain that had the most activity; thus he was able to find the location of the cells. This new discovery is a big step in creating better medications for anxiety sufferers. Current anxiety medication prescribed by physicians are only partially effective at controlling anxiety; Kheirbek states that medication that can

Cristina Moracho says,“ Can the right kind of boy get away with killing The wrong kind of girl?” Many people would answer this question as no. However, in a small town, Williston, it is not the same case. The book, A Good Idea, is based upon a girl from New York solving a murder case of her best friend. In this book, the author had given examples some horrifying situation that a girl from a small town faces.

I took my journey to NoJo kicks in Detroit in order to find out what was driving the people who were running the store. When I went, I spoke to Pete Beletskiy, who founded NoJo, and named it after his two sons, Noah and Jordan. I asked Pete what had driven him to open the store, and he said it was his son that had led him to open up shop, stating “My son Noah had always been into shoes, buying and selling online. I saw how much money he was making and how successful he was, and I decided to take this a step further. I started looking into the idea of opening up a luxury sneaker shop, and decided it would be the smart move to open up shop in the heart of the city.” As excited as I was to take my journey to NoJo, it ended up pretty flat for me. I was disappointed to find out that the owner of the shop was simply just doing it to make money and was only inspired by his son to open up shop. He was not very interested in sneakers himself, but saw it as an easy business opportunity and took advantage when given the chance.

The 8 rules for Brilliant Brainstorming helped us with the do and don’ts of coordination and collaboration. Everyone is the different and has their own way of thinking. If we didn’t follow the 8 rules we might discourage someone and hurt our chance of having a good brainstorming session and our chances of coming up with some good ideas. Having a decent side team of 5 helped with answering the questions. We initially brainstormed individually to see what came up with on our own. After 10 minutes, we all came up with very similar idea yet different ideas. I won’t have of thought with have of the ideas that they did if I was working by myself or with another person. Then we discuss our ideas to see what worked and the ones that did we build on

Entrepreneurs (podcast) create ideas to result in creative destruction that would change everything. In the podcast, Tom Straub’s product “GoodBye Crutches” was made to help people not let crutches be an obstacle; similar to creative destruction. The fifth point can be related to Slide 24 of “Who guards the guard”; Tom Woods talked about profits from products leading to innovations; making people’s lives better and improving their quality of life, etc. The sixth point that was presented in the podcast can be related to “Alan Greenspan, the Assault for Integrity”; stating reputations are the main competitive tool. Tom Straub had pointed out that the best way to beat or stand out among your competitors is to have a good reputation. Reputation is hard to build but once it does, the company would stand out among other

Biblical entrepreneurship, as defined by Tsague in Biblical Principles for Starting & Operating a Business, is a Biblically based process of identifying opportunities, taking calculated risks, solving problems, and exercising business stewardship for profit (Tsague, 2006, pg.18). The text gives many principles that are crucial to doing business successfully from God’s perspective. The following twelve principles show how Biblical entrepreneurship relates to a Christian worldview. “God has given each of us talents in

Since 2006, when the TOMS Shoes was founded, their ‘one for one’ business model has been widely embraced or criticized by different companies and the consumers. While, Blake Mycoskie, the founder of TOMS Company, was on trip to Argentina in 2006, he witnessed the extreme poverty and poor health conditions. After countersigning children walking barefoot, it dramatically heightened Blake’s awareness. Consequently, after witnessing those events, Mycoskie came up with a simple and innovating plan to create a for-profit business with a philanthropic component. Consequently, Blake created TOMS company with a unique principal and business model referred to ‘One for One’. TOMS ‘One for One’ is a unique business model, where for every pair of shoes purchased TOMS donates a pair of shoes to children in need in developing or underdeveloped countries. The company’s name ‘TOMS’ generated from the word ‘TOMORROW’, which was the original concept of the company, ‘shoes for tomorrow’.