Student Insights for Entrepreneur Interviews
Entrepreneur insights and perceptions related to their businesses were obtained through interviews conducted by students. Student insights and reflections regarding the interview process are shown on this page.
Simply scroll down the page to view. They are shown with the most recent reflections appearing first.
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| This project gave me a good leasean.It open my eye about how to start and keep up the buisness.As I learnd,all marketing efforts begin and end with customer.It tought me to learn all I Can about the buisness before I start it. Before planing to start the buiness chooes location.The location make you or brake you. It shows me,that maintaining integrity benefits small buisness and the sourse truth.Iwill stick to it. The best thing,which Ilearnd from this project is:Don't concentrate on one thing.Combine all those related buisness together. |
| Date Submitted: 2011-04-14 12:23:46 |
| Doing this project make me understand that anything is possible, and that even if it doesn’t work out the 1st time, we can always try again. However, college education is an important key for a successful business. If the business grows throughout the years, we will need some external help such as new workers, an accountant/bookkeeper, salesperson, secretary… I learned that it was hard to find a person that we can trust, and rely on. Small businesses have hard time to compete with the big corporations, which offer a good salary and more benefits, such as health, dental, vision insurance… Moreover, I realized that the legal part of owning our own business is really meticulous, especially with payroll. We cannot be late for the payroll taxes, or the company will have to pay penalties on that. Since the company doesn’t make that much, most of the profit goes to taxes. It is one the challenge that small companies are facing nowadays. In the long run, I will say that being a business owner lead you to be more successful than having a regular 8 to 5 hours job, but it has its inconveniences. There is more stress, more hours put into work. We always need to find the right path to grow the business, and be able to stay competitive. In my opinion, I would love to be my own boss, but right now, I cannot think about any business that will make me earn thousands of thousands. Because of recession, I will say it is safer to work for someone that using all our savings into a new company, because we don’t know if we will be able to make it. Perhaps, if I have an opportunity to own my own business without investing too much financially, I will take the chance to try. I will also need to complete more business classes to fully understand how to “sell my company” and be one the best on the market. |
| Date Submitted: 2011-04-14 13:32:25 |
| The best part of this project for me was that I got to know a friend of mine better than I thought I did. I never knew that he was as smart and business savy as he is because to me, he has always been younger than me. I like that he emphasized in his last point that even though in your head you could feel strongly about this business idea and love everything about it but if you don't have every detail worked out it might not go the way that you have intended it to. Also I like that even he admits that he wishes he would have been able to have a chance to learn a few more things before he had initiated the startup of this business, hinting at his answer in question 8. This project has opened my eyes up to the fact that even though you are young, you can still start up a great business and it will be successful as long as you know exactly what you are doing. |
| Date Submitted: 2011-04-14 14:00:27 |
| The most meaningful thing about this project has to be the advice and knowledge given to me. I learned that it's not always going to be easy, to start a business. There will be many up's and down's on the roller coaster ride to becoming a great entrepeneur. To get through them all you need to take each one step at a time, day by day. Don't stress about it, which is the hardest part of any business, but just think how it'll all come about at the end. Have fun with it, don't let anyone put you down or tell you otherwise. Look out for yourself as well as others, "keep your friends close, but your enemies close" in other words, know your competition in and out and see how you can become more successful than them. Get on top of anything, if see an opportunity open up, cease the moment and take it! Always chase your dreams and never stop, for anything! When you finally catch that dream you've been chasing for so long is when you realize, you've made it to be successful! |
| Date Submitted: 2011-04-14 15:28:17 |
| I worked for this business for one year and never really knew what they did. I just did what I was told and uploaded documents into their software. This project gave me a lot of insight on how it is actually run. I never knew why sometimes they called us and told us not to come in because there just want work for us. I never work at the main office though so I never knew what went into running this place until this interview. I worked at another building that belonged to the outsourcer. My job was just a piece of a puzzle. I didn’t know that there were multiple offices doing different things for the same policy. I related to what my ex boss said because I recently got laid off. There just wasn’t work because of the drop in the housing market. I feel that after hearing her story and how easy it was for her uncle to start the business I feel that if I wanted and had the capital need I could start a business similar to the one she owns now. She said that her uncle started it with just only three computers doing grunt work for a bigger company. After a few years they were given more responsibilities and more computers to work with. Now the company has grown to be a big part of a larger company. The larger company cannot function without the company I did this report on. The concept of using a large company doing essentially they same thing you want to be doing but starting off at the bottom doing grunt work for that company and eventually climb high enough as a major but spate part of it. The startup cost was low and they grew bigger and bigger because of mote responsibilities given. This idea of piggy backing your business is a different approach I didn’t think of in starting a business. |
| Date Submitted: 2011-04-14 15:50:08 |
| The most meaningful thing about this project was, the advice in my opinion. Because of the fact that he already knew what he wanted to do and stuck to it. We have so many opportunities in this country that we could grasp, being simple and effective. Everybody has a point of origin, you like a certain thing, or food and decide to dedicate yourself to that until you make it. I find it ironic that he decided not to go to school, and start his own business. He had the perfect opportunty and he took it, and made a pretty successful business out of it. At the same time, organization, and setting goals were his motivation. Just observing and interviewing gave me a better feel of this field of business, and it seems quite simple and stress-free compared to other industries of workplaces. People feed off of other peoples success, somethings you can't just always do, but Andy went for it. What else was interesting was that this pizza company was rapidly growing and had 4 other locations in the inland empire area, all separate ownerships. It was beggining to look like a francise until the other owners went their separate ways. After the economy had its ressesion sadly to say 3 of the 4 pizza locations closed down, and in 2006 the owner served the last pizza in the IE from its defeat, and still is pretty known from all the businesses in the area for its great PIZZA! |
| Date Submitted: 2011-04-14 16:51:24 |
| This entrepreneur is the exact person whom I wanted to imitate. This project allowed me to find out what my interviewee was really thinking. I’ve been meaning to ask her these questions myself. Her work is somewhat inspiring because she was able to accomplish so much with so little. My dad is also in the same business as the entrepreneur, but he never gave much thought about going down the same route. I didn’t realize that managing a dental office could be similar to owning a restaurant or retailer, except with some differences of course. I plan on using this entrepreneur’s strengths in my career and will also improve on her weaknesses. For example, my interviewee was weak in the area of business expertise, which I can easily fix by taking business courses. The entrepreneur seems to be tied to the states, which may prevent her from reaping even more benefits from other countries. Developing countries like China seem ripe for business, and since foreign countries will likely have a better health care than here in the States, I don’t really fear any shortage of customers. In my interview, the entrepreneur had a heavy emphasis on patience and spending time wisely. That is something I might not be too good at. I can also see this business as a potential franchise, but operating it on a higher level may require even more knowledge and time. Nonetheless, this business seems appealing to me because of the simplicity of it. It’s not like a restaurant where you live or die by the food you make, but this is not too complicated like a goods store where you have to compete with countless other franchises. This business definitely requires interaction with people in order to survive. Being friendly to strangers is not always easy, but they won’t be able to sue me for not being nice. In the end, the interview gave me a good insight on the business, and I will definitely plan on talking with other entrepreneurs. |
| Date Submitted: 2011-04-14 17:01:20 |
| The most meaningful part of this interview was knowing that at anytime or point in your life a business can be created. All you need to do is your homework on what it is that you want to accomplish. First you should use your resources and figure out what product can you sell to people, find out what you can really profit from. Once you find out what people demand put a price on it and sell it. It is important to fully understand how your business will succeed and where it will not, and make every possible change to make it a successful business. Take small risks and avoid ever going under. |
| Date Submitted: 2011-04-14 17:31:04 |
| The thing i learned from this project was a new mentor and business partner that is going to start teaching me ways to opening my own business. I met the person i interviewed a couple of weeks ago when i saw him taking a bunch of xbox 360 into his house and asked if he sold thing. He told me yes and i started talking to him and now he is going to show me how to buy and sell items on-line and at flee markets. So i am grateful that this project has in someway helped me start a small business. Starting this week he has helped me came up with a plan to get started. he is also going to take me to get a resale license. he is going to start to give me credit i say this because we came up with an agreement that he would sell items to but i would pay him after a couple of weeks and come up with the money so then i can start buying my own products. i have learned how to talk to customers that are not satisfied with the products they bought and how he kept them from not leaving bad feed back by refunding their money or fixing it for them. so i thought he kept his word on making sure that customer service is his number one priority.I am going to keep talking to him and he is gong to help me set up a eBay account to sell items there. i have never had a single person help me as much as he has in two weeks. i have appreciated everything that he has tough me and cannot wait till to learn more and all of the little tricks that he does to keep his business running really good. those are the things that have made this experience so meaningful to me and i will always carry this with me for the rest of my life. |
| Date Submitted: 2011-04-14 19:09:21 |
| The most meaningful part this project to me was conducting the interview. It made me come out of my comfort zone because i had to go to the business and ask the owne if he would be willing to be interviewed. The owner was nice enogh to take time out of his day to answer my questions and that showed me that there are people out there willing to help someone that is just getting started. At the end of the project i found a mentor something we talked about in class that was important for a entrepreneur to have. The most meaningful quetion to me was th e last quetion. What advice can you offer to an aspiring entrepreneur? When I asked him this question he took his time answering he told me because it is important to tell people positive information, to stay positive because there is going to be hard times but you have to stay strong and always keep moving forward and not to be afraid of change because change will come and nothing will stay the same for long. You and your business need to be able to adapted to that change. |
| Date Submitted: 2011-04-14 19:17:30 |
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