The Big Idea Series #1

    All the entrepreneurs in this series all shared a common goal. That goal was whatever you had in mind just go out and make something of it. None of these entrepreneurs were scared to give their idea(s) a chance and all of them ended up successful in the long run. to me I considered all of them still young even though some were younger than others. they also made a lot of money off of their first successful business.
   
   A disadvantage of being a young entrepreneur is when your young you have  a lot more people stay your not going to make it. And i think when your young that kind of talk can bring you down. Also being young you really don't have much of a support system except for your parents.

  I found Cameron Johnson story more interesting then the others, because he started his first business when he was 5 years old and that's very young. I also found how he got his ideas kind of interesting because he got them by trying figure out his own problem. And he seemed to always have new ideas like everyday. He was also smart. He knew what worked for him and what didn't, so his story was more interesting to me.

   I think Cameron Johnson and Ryan Blair will have much more years in their business just because the fact they both run online businesses. and to me people won't find another thing better than the Internet as of right now.

Types of business Ownership powerpoint

Types of business ownership alexis

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Partnership Agreement

  Jahleel McGowan and I have decide to start a partnership. The name of our new business is Next Flight Athletes Sport Shop. The purpose of us coming together is to make sure all athletes have the necessities they need to perform at their greatest. We both plan to have this business until we both feel like its time for us to retire. We both want to remain limited so that no boundaries are cross and so that to much work is not put on the other partner. Like I said earlier, so a lot of work is not placed on a partner we plan to split keeping records of the business. Half of the year he keep the records and the other half I take of it. We both want to be equally responsible for any losses or profits our business. For all of the profits that our business get we split it 50/50 so no one is able to get greedy with the money. If one of us was to die in the middle of  business we both agreed to allow somebody from the other family to come and take the place of their love one so that the business still go on and most importantly the other family still gets some type profit from the business. If any disagreements come about, we both want to sit down before/after hours and come to a reasonable decision that is best for our business. As for responsibilites of us both we want to be very flexible so that the business can run smoothly.

My Markert Research Analysis

Final version of my business alexis hawkins

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Market Research Analysis

http://www.kwiksurveys.com/?s=OIJENM_fe408bf6
 The purpose of this survey is for me  to get an idea of what type of customers my business is going to have and overall want they want from my business. After I get enough people to take the survey that allows me to understand what to have in my shop and at reasonable prices so people can afford them.

Market Research

  The basic role of the market research to me, is generally finding out who and what your customers want from a business, and what are the typical people you  can get to buy your good or service. For instant some people prefer to drive a hour and some minutes away to go to a mall, bakery store, or hair salon because of prices or even it feels more home to them. Using the 5 steps above helps you gather information so you know what to sell and what not sell.  

Chapter 3 Reflection :)

  Before We beginned this chapter, I had no idea what the eight entrepreneurial trends were. 1. Internet business conducting business online, 2. Service business intangible things that are done to make our life much easier, 3. Home-Based business conducting business from your house, 4. nonprofit business a business that does a job without a fee( giving back to the community), 5. Focus on tecnology, 6. outsourcing which is contracting with other business for a service, 7. Strategic Alliance two companies coming togather under on name and finally 8. Corporate Ventures which is a smaller business formung inside a lager  business. I knew what a franchise was but I didn't know that a business broker was the person to bring a franchisee which is the buyer and the franchisor which is the seller togather. I learned how McDonald's bacame famous because of Ray Kroc. I learned advantages of being in a family business, trudt, loyalty, and togatherness, but at the same time the disadvantages conflict and money.