Wednesday, August 5, 2020
30A- Final Reflection
29A- Venture Concept No. 2
1. The opportunity I am pursuing is a personalized online basketball training service that provides basketball skill development or athleticism training. This opportunity comes from the lack of accessible training around the entire globe. This unmet need of accessible basketball training is spread across basketball players of all skills levels and all ages. This is for players of any gender as well. Specifically, players in rural areas or low-income areas have the greatest unmet need for this because of the lack of nearby and affordable training programs. Additionally, basketball players with skills trainers still often have the unmet need of adequate athleticism training, expanding the number of people with a need I am solving. The Covid-19 pandemic has increased the magnitude and range of this need. Many players no longer have access to gyms or basketball courts as many of leagues are postponed or cancelled. Also, many trainers are not currently training there players right now due to legal or safety issues caused by this pandemic. Due to the length of this pandemic, the need to fine-tune and improve their basketball skills is increasing. This extended period of time also reduces the loyalty of players who were previously training with skills trainers in person. The current magnitude of this opportunity will last until there is a vaccine approved to use for the Covid-19. However, even after this pandemic ends, this is still a very large unmet need for many players across the country or world. Players will still need player development and athleticism training when gyms reopen. There may even be long-lasting safety concerns that keep the amount of people with this unmet need slightly inflated.
Thursday, July 30, 2020
27A- Reading Reflection No. 1
28A- My Exit Strategy
26A- Celebrating Failure
Thursday, July 23, 2020
25A- What's Next?
24A- Venture Concept No. 1 (JC's Personalized Hoop School)
The opportunity I am pursuing is a personalized online basketball training service. This opportunity comes from the lack of accessible training around the entire country. This unmet need of accessible basketball training is spread across basketball players of all skills levels and all ages. This is for players of any gender as well. Specifically, players in rural areas or low-income areas have the greatest unmet need for this because of the lack of nearby and affordable training programs. Currently, there is a pandemic caused by Covid-19 that enhances this need and even increases the amount of players with this unmet need. Most players do not have access to gyms and courts that they previously were able to use. Also, many trainers are not currently training there players right now due to legal or safety issues caused by this pandemic. Due to the length of this pandemic, the need to fine-tune and improve their basketball skills is increasing. This extended period of time also reduces the loyalty of players who were previously training with skills trainers in person. The current opportunity will last until there is a vaccine approved to use for the Covid-19. However, even after this pandemic ends (whenever that may be), this is still a very large unmet need for many players across the country or world. There may even be long-lasting safety concerns that keep the amount of people with this unmet need slightly inflated.
23A- Your Venture's Unfair Advantage
Thursday, July 16, 2020
22A- Elevator Pitch No. 3
20A- Growing Your Social Capital
Thursday, July 9, 2020
17A- Elevator Pitch No. 2
19A- Idea Napkin No. 2
18A- Creating a Customer Avatar
Thursday, June 18, 2020
16A- What's Your Secret Sauce?
15A- Figuring Out Buyer Behavior No. 2
14A- Halfway Reflection
Friday, June 12, 2020
12A- Figuring Out Buyer Behavior No. 1
Thursday, June 11, 2020
11A- Idea Napkin No. 1
Friday, June 5, 2020
9A- Testing the Hypothesis Part 2
| Inside the boundary | Outside the boundary | |
| Who | High-level basketball players who are not located near or cannot afford top trainers. | High-level basketball players who are located near and can afford top trainers |
| What | High-level personalized basketball training. | High-level personalized basketball training. |
| Why | Basketball is evolving along with its skills, so this knowledge and motivation provided is necessary to not fall behind. | Basketball is evolving along with its skills, so this knowledge and motivation provided is necessary to not fall behind. |
Thursday, June 4, 2020
8A- Solving The Problem
Friday, May 29, 2020
7A- Testing the Hypothesis, Part 1
1. The opportunity I would like to pursue is the
online interactive basketball training I discussed in assignment 4A.
2. There is a lack of available basketball training
for athletes who do not live near trainers or have access to a trainer during
the coronavirus pandemic.
The who: Basketball players of all ages.
The what: They do not have access to basketball
training.
The why: Location and/or the coronavirus pandemic
3. Testing the who: Everyone described has this need
and potentially middle school and high school coaches who cannot currently
coach.
Testing the what: Some beginner-level players have access
to online training programs that could help them improve their game. However, most
high-level players do not find these programs sufficient.
The why: Some athletes do not live close enough to a qualified
basketball trainer. Others cannot afford basketball training. Currently, most
players do not have access to training because of the restrictions caused by
the coronavirus pandemic.
4. I interviewed Omar Brown, Caleb Townsend, and Ethan
Miller again while also interviewing J’Michael Plummer and Susan Dana. The
first four mentioned are all high-level players who have or are currently
playing at the high school level. Susan is the mother of a ten year old and
thirteen year old boys who enjoy playing basketball. Each player I spoke with
said they do not have access to a basketball trainer because of the gyms closed
due to the pandemic. However, all but one of those players said before the pandemic
began, they had access to a trainer they enjoyed working with. The other player
said they did not have the funds to consistently train with someone. Susan has never
had her boys trained by a trainer and does not believe that is a need of theirs
because they play multiple sports and do not have the time. As mentioned in
assignment 4A, many players are not currently satisfied with available online
training programs because of the equipment needed, the simplicity of the
content, or the lack of communication between them and the coach.
5. After the interviews, I still firmly believe this
is a great opportunity. I believe that online personal training customized for
the specific player(s) provides the most value to players. Prior to the
interviews, I believed the best way to train players through some sort of
online program would be best through Facetime or Zoom so the player could learn
directly from the coach who could customize the workout according to the player’s
access to equipment. Despite this being the most valuable form of training, it
is also difficult to train many players at once so there would always be a
limited supply. After the interview, I realized that multiple different curriculums could
be developed to match different player types. If there was a separate program
for each player type, all players that fit that mold would be able to purchase
the program and use it as they please. This would allow the trainer to reach
more players than before. Additionally, video reviews of players could be
another form of training used for correction, such as with shooting form. This
would also be more time efficient as the review could be done any time, with a response
expected within 24 hours. Lastly, I was introduced to an application called
HomeCourt AI during the interviews which tracks the specific details of a
players shot such as makes and misses, ball angle, shot speed, ball rotation,
and more. If there was a way for trainers to have live access to these stats to
the players they train, they could easily correct and breakdown the mistakes players
are making.
6A- Identifying Opportunities in Economic & Regulatory Trends
1. One economic problem is the unemployment rate
across the country is at an all-time high due to the coronavirus pandemic. A
major issue that will occur when the pandemic ends is the unemployed finding
jobs. Many businesses have shut down due to the pandemic and many of the ones
remaining will be focused on paying off debt when social restrictions are
lifted. I was made aware of this issue when several friends were laid off due
to the financial struggles their businesses were going through during the stay
at home order. I later learned after reading https://www.fosters.com/business/20200528/next-economic-challenge-finding-job-once-pandemic-eases
that this is a wide scale issue that is going to affect a lot of people. This
article predicts that less than 50% of people will return to work as the job
market may forever be changed. As the job market changes, the unprecedented new
system of hiring and large of supply of unemployed labor can potentially create
many opportunities. I believe this is a rather easy opportunity to exploit due
to the problem being very new.
2. A another economic problem is the shortage of
certified teachers across the country. This shortage is so large that the State
Department of Education in New Hampshire has lowered requirements for hiring teachers,
permitting schools to hire teachers lacking specific certifications. According
to the article https://www.unionleader.com/news/education/with-teacher-shortage-schools-turn-to-educators-without-licenses/article_be92434a-f48a-50ee-b3cb-23e6c5f8644f.html,
40% of teachers in New Hampshire do not receive all certification requirements
and instead use alternative such as training on the job. Teachers now do not
even have to have received degrees in their specific subject for teaching. The
cause of this is most likely due to the low wages teachers make despite being a
high stress job. The lack of certifications required to teach now may hurt the teaching
and learning for students as these certifications usually teach how to make a proper curriculum and improve the learning of students. This presents an opportunity
as the supply of qualified teachers is low while schools do not have the funds
to entice more qualified teachers to work for them. I was made aware of this
issue by my aunt who teaches in New Hampshire and has noticed the quality of teaching
decrease. This is a rather difficult opportunity to exploit due to the lack of
funding schools have.
3. One social problem is the lack of representation of
ethnic and racial minorities in the media. According to the article https://www.pbs.org/newshour/arts/why-on-screen-representation-matters-according-to-these-teens,
40% of the United States is non-white. However, members in the media do not
reflect anywhere near that same percentage. This issue directly affects
non-white people in the country who do not see themselves represented in the
media. This also affects any non-white people trying to pursue a career in media.
A more diverse media can create new conversations and ideas while improving
communication to non-white Americans across the country. I was made aware of
this issue in the 2019 fall semester while taking SPM3012 Sport and Society. This
issue is not going to be easy to exploit as it requires long-term action to see
permanent results. However, early opportunities may be easy to exploit as there
are not many current examples of solutions.
4. Another social issue is the issue of global warming
and climate change. I think this is a very large opportunity to exploit but would
be extremely difficult. Current energy regulations are changing to become more
environmentally friendly. Alternative sources of energy are slowly but surely
becoming more prevalent around the world. Solar panels and wind turbines are
two of the many new forms of energy being used. According to https://www.greenmatch.co.uk/blog/alternative-energy-sources,
alternative energy sources are projected to continue to expand in all sectors
by 2023. The prototypical customer for this is opportunity is China, as it is
the largest energy consumer in the world. This opportunity will continue to
grow as countries around the world continue changing energy regulations and the
conversations of climate change also increase as seen in the previous
presidential election.
5A- Identifying Local Opportunities
1. Late delivery of NM mail ballots feared
https://www.abqjournal.com/1460214/late-delivery-of-nm-mail-ballots-feared.html
Due to the Covid 19 pandemic, many Americans are
turning to absentee voting, also known as voting by mail. However, the absentee
voting process is flawed as many voters have not received their ballot and may
not until it is too late, or at all. The current system requires voters to
apply for absentee voting to confirm their address. If approved, they are then
sent a ballot to vote on. Unfortunately, the increase in absentee voting due to
the pandemic has put an extra burden on the mail system. Many voters have not
received their ballots yet and if the ballots are not returned to election officials
by 7 p.m. on June 2nd, then the votes will not be valid.
The problem in this story is that the increase in
absentee voting will potentially prevent many voters from being able to submit their
vote in time.
The people who have this problem is those participating
in absentee voting.
2. Coronavirus Causing More Issues for People
in Food Deserts
There are many areas in America that are considered
food deserts, meaning those areas have a lack of access to healthy food options
due to transportation, income, and location. These areas are experiencing more
difficulties as many businesses closed due to the Covid 19 pandemic. Their
current issues are being amplified by many people getting laid off and current
social distancing policies. With lowered incomes, increased unemployment, and social
distancing policies, it is becoming increasingly difficult for these areas to
access healthy food options.
The problem in this story is that people in desert
areas are having even more difficulty accessing healthy food options due to the
Covid 19 pandemic.
The people who have this problem are those located in
desert areas.
3. Paterson High School Graduation Rate Dropped
Two Years in a Row
High schools in Paterson School District have experienced
a decline in graduation rates for the second straight year. Although the previous
year is not perfectly explainable, the larger drop this year is a result of a
change in calculating graduation rates at the state level. This change, coming
in 2019, ensured that students attending alternative schools were not apart of
the graduation rate calculation.
The problem in this story is that there is a decrease
in graduation rates in New Jersey.
The people who have this problem are students and
school officials in Paterson, New Jersey and other nearby areas.
4. Philabundance to hold its first
emergency food drive-through Friday morning at Citizens Bank Park parking lot
The Covid 19 pandemic has increased the amount of
people going hungry while also making distribution of food to these people more
difficult. Due to financial and employment difficulties caused by the pandemic,
60% more people need food provided by Philabundance. Not only is this large increase
in demand and issue to keep up with, safely distributing food to these people
is also an issue. Thirty-five pounds is currently being distributed once a week
by Philabundance to these people in need.
The problem in this story is that there is an increase
in people not being able to afford food.
The people who have this problem is those people with
a low income and cannot work during the pandemic.
5. Housing Authority donates $275K to
ensure internet access for city students
The Covid 19 pandemic has forced schools to begin
teaching online, causing major issues for students in low-income areas. Many students
in these areas do not have reliable internet access or equipment to participate
in online schooling. The Housing Authority of the City of Pittsburgh is donating
$275,000 to help buy these students laptops and other internet essentials. There
still remains a large amount of students who still do not have access to their
online schooling.
The problem in this story is that many students are unable
to access their online schooling due to lack of internet access.
The people who have this problem is students in
low-income areas who do not have reliable internet access.
Friday, May 22, 2020
4A- Forming an Opportunity Belief
3A- My Entrepreneurship Story
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| This is Coach Torres and me viewing the beginning of the online training program. |
I took this class because the idea of working for someone else sounds awful to me, and I knew being an entrepreneur is a potential alternative to that. Working a 9 A.M. to 5 P.M. job five days a week for the rest of my life also sounded awful as I would like to work and be productive during the hours I feel I work best at. I hope to find out in this class if being an entrepreneur is something I really want to become and develop as for the rest of my life.




