Friday, May 31, 2019

Adam Wolf 7A-Testing the Hypothesis Part 1


Residents in drought areas are unable to water their lawn effectively to prevent wildfires because there are water rations. 
The who?  People living in drought areas
The what?  Unable to water their lawn for wildfire prevention
The why?  Cities cannot route enough water to all areas due to water shortages
Interview 1
This individual lives in California and almost lost his property in last year’s wildfires.  His yard caught fire but firefighters were able to save his home from the flames.  Prior to the fire, he wanted to water the grass and house to prevent embers from catching but the city would not allow him due to water rations.  He believes all people living in the city should have equal, unrestricted access to water.  He says only areas with anticipated drought are affected by this need.  He blames the city for not pumping enough water from surrounding reservoirs. 

Interview 2
This person is a student who lives in an apartment in Florida.  Due to the many swamps, massive wildfires are rare in Florida.  She claims this need does not affect her because the apartment has insurance.  She has no knowledge on the apartment company’s utility use and therefore is not concerned with drought situations.

Interview 3
This individual is a battalion chief for fire rescue.  I explained the situation to him, and he realizes there is both a need and opportunity.  He proposed a new solution which is efficient and could be implemented.  He suggested against routing unlimited water to all drought areas.  Instead, construction water trucks should drive down roads watering dry lawns.  This will achieve the same goal of hydrating grass to prevent the spread of wildfires.  He believes this opportunity affects anyone who owns property in a drought area. 

Interview 4
This couple lives in rural Florida and lost their home to a wildfire a couple of years ago.  When asked about the need, they forcefully said that is a real problem.  This indicates there is still a strong opportunity.  They claim that before the fire, water supply was cut off because the water was being reserved for fire stations.  They had no other option but to watch the fire burn through dry grass.  The couple believes everyone who own property has this need.  One boundary of this need is their location, which is difficult to pump water. 

Interview 5
This individual is an engineer for the public works.  He is aware of the drought situation and the resulting water rations.  This person understands the mechanics of the water transport systems underneath cities.  He claims it is not possible to have enough water flow to supply all houses at one time with their demand for water to hydrate the grass.  The physics of pressure make it impossible to satisfy the high demand during a drought.  In addition, he realizes there is a problem, but the solution is not as simple as just routing more water to houses.   He agrees there is a major opportunity for this need.

Summary
After interviewing five people, I reinforced previous hypotheses about this opportunity but also learned new components of the need.  I know there is a need to have more water during times of drought to prevent the spread of wildfires.  However, this need only applies to household owners.  Apartment and condo residents don’t particularly care about this need because they don’t directly work with the problem.  Most interviewed people agreed there is an opportunity because no one has a definite solution. 

Adam Wolf 6A-Identifying Opportunities in Economic and Regulatory Trends


Opportunity 1 (economic)
I found an economic opportunity last year while talking to classmates at the University of Florida.  I believe there is an opportunity to help college students with finances and debt independent of the government.  Students explained to me how difficult it is to pay back student debt and the troubles they must go through with finances.  I could create some type of private investment program that raises money for college students and the student have an easier task of removing student debt.  The typical customer is a college student paying for their college education.  This opportunity would be difficult to create because investment firms are a risky business to start.  The permits and requirements would also be hard to obtain.  I think my attitudes helped me see this opportunity over others because I always look for solutions.  I only realized this opportunity after reflecting on the past school year to make those connections. 

Opportunity 2 (economic)
I discovered an economic opportunity last year while cleaning this summer.  There is a need to implement a used school supplies renting program.  After talking with middle, high school, and college students, most wish for a program where they can rent binders and calculators without having to purchase these materials.  This opportunity would be like a textbook rental program but would include all school supplies.  Students, teachers, and professors would be typical customers of this opportunity.  This opportunity would be easy to exploit because the costs would be minimal.  People can check out their supplies for a specified time at a low cost and return the items when done for another individual to rent.  I developed a belief for this opportunity when I was cleaning out old school supplies that I no longer needed but was still in great condition.  My interviews with students of all levels strengthened my belief that this need exists. 


Opportunity 3 (regulatory)
A regulatory opportunity exists in my county and the surrounding counties as a result of the current environmental conditions.  For the past month now, we have been in a severe drought.  Grass is brown and dead, and the forests are dry.  These conditions can lead to explosive fire growth; therefore, agencies have enforced burn ban restrictions.  I am seeing piles of yard debris because residents are not allowed to burn their trash.  There is a need for low cost additional trash collection during dry times to prevent fires and reduce the number of sitting yard trash piles.  The typical customers for this opportunity are people who doing their own yard work and have yard debris.  This opportunity would be easy to exploit because the logistics are not too complex.  I saw this opportunity because many people in my neighborhood are affected by this drought and I questioned why their branch piles were accumulating.  In other words, I was directly exposed the need, which help me realize the opportunity. 


Opportunity 4 (regulatory)
A regulatory opportunity exists on the coasts of Florida due to the red tide.   The red tide is a toxic algae bloom that deprives sea creatures of oxygen because the algae uses it up.  Red tides decrease fish populations, thus causing agencies to regulate fishing rules to preserve species.  For example, red drum on the west coast of Florida are currently catch and release only.  This problem affects the fishing industry because people choose not to spend money if it’s guarantee they can’t keep any fish.  There is a need to solve the red tide problem by target the sources of runoff pollution from land.  The likely customer of this opportunity is fishermen, county officials, and tourists.  This opportunity would be difficult to exploit because it would require passing new regulation laws, which is a long process.  I realized this need in the news by understand the extent of this opportunity because it affects my community directly.  I firsthand see the impacts and desires to solve this need. 


Adam Wolf 5A-Identifying Local Opportunities


Opportunity 1
Alligator breaks window, crawls into Florida kitchen
This story was concise as explains how an 11-foot alligator entered through a low window into someone’s kitchen in Clearwater, Florida.  The owner called the police and the gator was safely removed without injury.  There were also no injuries to any humans during this incident.  The problem in this story is a dangerous creature entered a house and the owner was in fear.  It is near impossible to handle an 11-foot alligator without the proper tools or knowledge.  Any body living in Florida could potentially have this problem.  However, alligator encounters more often occur outside such as in pools.  It is unusual for an alligator to break inside, yet this can happen to anybody living in Florida.

Opportunity 2
Sargassum seaweed: The good, the bad and the ugly
Sargassum is a type of algae that floats in the oceans.  When wind and current conditions combine, the seaweed washes ashore and creates many problems.  First, when Sargasso weed rots on a hot beach, it begins to smell.  The reduced the number of tourists who come to the beach.  In addition, fishermen are unable to fish because of the seaweed.  Both tourism and fishing are major economic sectors in my town.  This seaweed problem has a direct negative affect on our economy.  This problem affects anybody who uses beaches along the Atlantic coast of Florida. 

Opportunity 3
Hurricanes may pack more storm surge, rainfall and wind due to climate change
In the past three years, Florida has experienced three strong hurricanes: Matthew, Irma, and Michael.  Meteorologists are studying weather patterns and the trend of stronger storms is supported by the data.  They argue hurricane intensification will continue, bring more rain and wind than ever before.  The problem deals with preparation.  Residents don’t know what to expect and how to ensure safety in stronger storms.  Storm surge is hard to estimate ahead of the storm.  Meteorologists don’t know much worse future hurricanes will be.  This hurricane issue and preparation problems affect all residents in the eastern and southeastern United States. 


Opportunity 4
Martin County’s 3rd Wawa store, gas station gets OK; it would be the 8th on Treasure Coast
County commissioners approved plans to build another Wawa in Martin County.  Once building permits are obtained, officials expect construction to be completed quickly.  Other Wawa’s already built along the Treasure Coast has experienced great success.  The problem is getting the permits.  The article says actual construction may not start for a while because building permits may take up to a year.  This problem affects all people who plan to use this Wawa for its goods and services. 

Opportunity 5
Sheriff’s Office investigates dog cruelty at St. Lucie County Home
After receiving an anonymous top, deputies went to a home and rescued at least 15 dogs.  This case is still an ongoing animal cruelty investigation.  The residence also has cats, pigs, and chickens.  Officials say living conditions were poor for the animals.  People who have this problem of not treating their pets correctly are usually individuals who can’t afford to take care of the animals.  Often, a pet has babies and the situation quickly gets out of hand.  The homeowner doesn’t have the necessary funds to pay for a healthy, safe environment. 

Friday, May 24, 2019

Adam Wolf 4A-Forming an Opportunity Belief


I believe an opportunity exists to expand Gainesville regional airport.  The unmet need is people want the ability to travel to more destinations and want to choose from more airline options to get a better price.  Any individuals who travel through the Gainesville regional airport have this need for expansion.  The need for expanding the airport’s destination map has always existed but has become much more of a need during the past decade.  People meet their need of traveling to many destinations by booking connecting flights between the airport’s four current destinations:  Miami, Atlanta, Charlotte, and Dallas.  At this point, I am 95% sure this opportunity exists.  I will create a new airline that flies to towns within the United States to prevent customers from having to drive long road trips.
The typical customer who would benefit from the opportunity I see is people who fly in and out of Gainesville regional airport.  Ideally it will be individuals who are a distance away that is many hours driving.  My advertising of short flights would act as an incentive to fly over driving hundreds of miles.
Person A is a student who attends the University of Florida but lives in Key West.  He needs a quick and easy way to travel between Key West and Gainesville.  He only experiences this need when they want to visit home during holidays or summer, and person A has this need ever since he started attending UF.  Because the price of current flights is too high and there are no direct flights, he chooses to drive 8 hours whenever he wants to go home.  He would be willing to try a new airline to save time traveling.
Person B is a parent of a student who attends the University of Florida.  Person B lives in Pensacola, which is a 6-hour drive from Gainesville.  This individual didn’t strongly believe my opportunity was a need.  They began making routine trips to visit their kid in Gainesville after she started school 2 years ago.  The drive did not bother person B, yet this individual claimed they would consider taking a direct flight if it was offered and the price was reasonable.
Person C was one of my roommates and lives in Miami, FL.  He must drive 6 hours to Gainesville.  He is aware of this need after attending UF and wants a faster, more efficient mode of transportation to commute.  He is aware of the current nonstop flight between Gainesville regional airport and Miami international airport, but the price of a ticket is too expensive.  As a result, he continues to make the long drive.  The individual claimed he would consider taking a new airline that connected Miami and Gainesville is the price is low enough.
I learned my opportunity is a need in society after interviewing three individuals directly affected by this need.  What I found to be most surprising after interviewing the individuals was the importance of price.  All three people agreed to try my new airline offering nonstop flights, but only if the price of a ticket was low.  I was surprised how significant a cheap price affected their decision to solve their need.
I believe my original opportunity is 95% still there.  I believe my opportunity is more accurate in terms of the logistics.  After interviewing affected people, I developed further details of the opportunity such as low fares and other customer requests that were previously not planned.
Entrepreneurs should focus much of their attention and adapt as much as possible to customer recommendations because their feedback is crucial in determining future success of that entrepreneur.  A good entrepreneur must stay open to the demands of the intended customers.  A firm entrepreneur will experience limited success, but an open-minded entrepreneur will experience life-long success because the later type will adapt to changing wants to maintain high demand.

Adam Wolf 3A- Your Entrepreneurship Story


About a year ago, I went scalloping with my family on the west coast of Florida.  After scalloping one day, we chose to eat at a well-known seafood restaurant called Seafood Seller and Café in Crystal River, Florida.  What I planned to be a normal meal turned into an interesting conversation with a brilliant entrepreneur. 
The owner is social and stops by most tables to interact with customers.  I asked the question, “How did you start this restaurant and how do you serve such good, fresh seafood?”  He responded with an interesting account of past events which led him to where he was that day. 
The man wanted to create his own seafood company but didn’t have enough money to open a restaurant.  He chose to open his own commercial fishing business and began supplying seafood to nearby restaurants.  The owner had only one boat, but that number quickly grew as more dining locations got word of this fresh quality seafood.  The company he created quickly grew to a large commercial fishing corporation with many boats all over the east coast of the United States. 
Seafood Seller’s owner supplied fresh seafood to hundreds of restaurants all over the country and his company was continuing to expand.  He then had enough money to pursue a lifelong dream of opening his own restaurant.  This is when Seafood Seller and Café was built in Crystal River.  This restaurant is something he enjoys on the side in addition to managing his commercial seafood supply company.  The seafood his company catches gets sent to the restaurant and customers get a multitude of delicious seafood options.  The entrepreneur went from having one fishing boat to an entire commercial fishing company and now owning a restaurant.


I enrolled in ENT 3003 for two reasons.  First, this class counts as business elective credits towards my degree of business administration general studies.  Second, I took this class because I am genuinely interested in the topic of entrepreneurship.  I realize out system makes it possible for someone to thrive from an innovative idea or invention.  My dream someday is to create something powerful and useful to many people.  I have been brainstorming and observing possibilities.  I feel that this class will increase my chances of being a successful entrepreneur.  I hope to acquire entrepreneur skills that will give me an advantage above the general public. 



Explanation of the images:

The man I spoke with began his entrepreneur success by pursuing his hobby of fishing.  My hobby is skimboarding.  I want to continue to pursue this hobby because it may lead to an entrepreneurship opportunity and future business success later in life, just as the owner of Seafood Seller experienced.






Adam Wolf 2A-Bug List


1.       My seat belt burns me when my car has been sitting in the sun on a hot summer day in Florida.
Why?  Metal becomes very hot when exposed to extreme heat.
2.       When an aggressive driver is tailgating me on the road and not leaving enough space.
Why?  Drivers Ed is less prevalent and parents who are bad drivers teach their kids to be bad drivers.
3.       Mosquito bites whenever I walk outside
Why?  Florida’s standing water are habitable environment for mosquitoes to thrive and reproduce.
4.       When I step on sharp acorns while walking barefoot
Why?  Florida’s numerous oak trees drop plentiful amounts of acorns.
5.       Spending hours scraping love bug guts off the front of my car.
Why?  Love bugs guts stick when they splat and adhere to the car.
6.       People cracking their knuckles in a quiet classroom during a test.
Why?  People feel the need to relieve pressure in their hands and it becomes a bad habit.
7.       Getting pulled over for going a little over because of speeding traps set up.
Why?  Some police departments want to tighten control over speeders.
8.       When a perfectly clear, blue pool can turn completely green after just one rainstorm and then takes a week to become blue again.
Why?  Rain dilutes the chlorine and allows more algae to grow in the water and on the walls.
9.       People who still use plates that heat up ridiculously hot in the microwave, but I don’t know and end up burning my hand.
Why?  Certain types of plates with porcelain heat up quickly.
10.   Road construction that seems to never finish and takes years and years such as in Orlando on the turnpike.
Why?  The speed of a construction project can be slowed by many different factors including funding.
11.   When the power goes out during thunderstorms or hurricanes.
Why?  Intense storms can break or knock down power lines.
12.   Items that don’t come pre-assembled and contain a hundred parts that require separate assembly tools.
Why?  It is cheaper for companies to have customers assemble their products.
13.   When customers don’t tip at restaurants.
Why?  Customers don’t understand how much servers and bussers rely on tips to earn money.
14.   When people step into the bike lane at UF without looking.
Why?  Many people are distracted by phones and aren’t aware of their surroundings.
15.   Group projects because one person usually ends up doing all the work, but all members benefit equally.
Why?  Students have varying levels of commitment and participation.
16.   Semi-trucks in the left lane of a highway because this causes traffic congestion.
Why?  Semi-trucks may not realize or don’t care to follow the rules of the road.
17.   When people buy pets but don’t have the money to properly take care of the animals and give them a good environment.
Why?  Some may not realize the commitment and money required to have a pet.
18.   When I am late to something because I had to wait for a slow, long train to pass.
Why?  I live in an area there is frequent train traffic connection industries in south Florida with the rest of the country.
19.   Bathroom that have one ply toilet paper because this stuff is rough and itchy.
Why?  One ply toilet paper is by far the cheapest around and people can save money.
20.   When boats disregard manatee zones and blow through at full throttle.
Why?  Boaters either don’t see the manatee zone signs or they see but don’t care to follow the signs.

Reflection:
This list was difficult for me to generate simply because I don’t tend to get bothered often.  I am easy-going and very few things bug me.  I like to focus on positives and things I like instead of things I don’t like.  That being said, I brainstormed for a while and eventually compiled my list of small things that bug me.