In Social Entrepreneurship, we learned about everything that goes into making a business. We went over the basics such as marketing, incentives, mission/vision statements, sales, and pitches, as well as some lesser known concepts such as hedgehog concept, financial projections, and legal structures. We read the book E-Myth Revisited to better understand the mentality an entrepreneur needs when starting their own business. For our FE’s, we had guest speakers like the founder of Purple Asparagus, the director of 826Chi, and the founder of GCE, Eric Davis, come in to show us what they thought worked the best and to give us tips and tricks for starting and running a business. Our action project was to create our own business idea over the entire term, and we learned about each part of our business as we created it. We went really in depth with our business ideas to the point where, if we had the time and resources, we could actually make these ideas a reality. We each had to make a quick, two minute, video of our pitch for 'potential' investors. I really enjoyed the entire process of creating our businesses because this is a real thing that I am contemplating on doing. To be able to get good insight on what it would take and the work that goes into it on top of having a decent beginning with research will help a lot in the future. The only part that I had truly struggle with was the financial projections since it really depends on the individual hair salon. Overall this course genuinely helped in believing that I could do this in the, hopefully near, future. Please enjoy my pitch below.
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