Week 13: Reading Reflection

This was a very interesting chapter from the textbook and I enjoyed reading it. I think that valuation is extremely important for anyone starting, or continuing a business. One question that I have for the author of the text is why an entrepreneur should perform a complete due diligence. I feel like that would be inefficient to check every single aspect of the venture. I guess that I could also say that I was surprised when I read that. Fortunately, I was not confused about anything in this chapter except why we would use due diligence. As always, I feel that the chapter was written very well and  I followed it easily, and there was nothing that I really disagreed with. I really enjoyed this chapter and its significant importance to being a successful entrepreneur.

Week 13: Celebrating Failure

Just this semester I did have a time where something did not work for me multiple times, as Thomas Edison would have said. This occasion for me was during a time where I was trying to communicate with a Raymond James advisor about me coming into their office and doing any kind of work for them that they would allow me to do for no pay. My intentions were to be around them and ask questions so that I could take a few hours out of the week to learn about the area of work that I desire to do upon graduating. There is no way to learn how to be prepared for this kind of career unless you have experience, therefore, that is what I was doing. Unfortunately, after many email attempts, we could not come up with time for me to introduce myself and come into their office.

I learned from this that people are very busy, and sometimes things really just do not work out. I know that I must keep trying even if it is with other local firms around Gainesville.

In my opinion, failure is a part of life. In sports many professional athletes will say that people don't see how good you really are by seeing you excel at something, but rather the ability to bounce back when things aren't going well. I know that this stretches far beyond the scopes of sports and well into the real world. I feel like this task showed me that hundreds of other students were able to make it through the pain of failure and the awkward interviews and the whole nine yards, so I could definitely say that this course has made me feel a little better with taking a risk.

  

Week 13: My Exit Strategy

1) I think that a good exit strategy for me would be to stay with the financial advising firm until I am experienced enough to be self sustaining, and then move on and expand my own firm around the state and continue expanding branches to reach more people than just locals.

2) I decided that this would be a good exit strategy because I know that this is something that I am passionate about, and I want to be able to impact as many people with my financial service as I can in the time that I am working. It is important to me to be able to train new advisors to support my values in helping many clients in many different locations as I mentioned.

3) I believe that this decision clearly reflects that I value my clients and how I want to make a positive impact on them through my service. I really enjoy my venture and I hope to be able to do it for as long as I can reaching as many people as I can as well.