The first financier I identified is;
Name: Roelof Botha
Type: Venture Capitalist
Organization: Venture Capital Fund - Sequoia Capital
Focus/Industry: Software and Service Investments
email: botha@sequoiacap.com
Website link: http://www.sequoiacap.com/people/Roelof-Botha/
[{The email correspondence with Mr. Botha}
thanks for the clarificaation. we would be interested in taking a look
once you have launched the service and you have some initial user feedback and
metrics.
best
roelof
-----Original Message-----
From: jteklu1@umbc.edu [mailto:jteklu1@umbc.edu]
Sent: Tuesday, August 19, 2008 4:32 PM
To: Roelof Botha
Subject: RE: A Business Preposition
Hi Mr. Botha,
Yes, BYGGOS is still at the idea stage. However it will be ready to hit
the market in approximately 3 to 4 month after the financial injection.
Thanks
Jonathan
> hi jonathan
>
> thank you for the email. is your business already up and running, or
> are you still at the idea stage?
>
> thx
> roelof
>
> -----Original Message-----
> From: jteklu1@umbc.edu [mailto:jteklu1@umbc.edu]
> Sent: Monday, August 18, 2008 8:58 AM
> To: Roelof Botha
> Subject: A Business Preposition
Hello Mr. Botha,
My name is Jonathan Teklu, and I am a student at the University of Maryland Baltimore County (UMBC) majoring in International & Global Studies. Aside from being a student, I am also an entrepreneur with an idea to revolutionize the management of knowledge and information flow through the internet for academia and businesses.
I am the founder and managing owner of Go Hit IT - Success Solutions
for Students, LLC which is the parent company of "BYGGOS - strive to collaborate to innovate".
"This company intends to break down inter-disciplinary and inter-cultural barriers in current academic and professional
environments. BYGGOS places social and professional networking at the center of global eLearning, thereby encouraging inter-disciplinary and inter-cultural involvement and collaborations among students, professors and companies."
The purpose of BYGGOS is to enable academia, industry and businesses
to engage with one another in a collaborative and participative approach
to share, learn, improve, and strive for innovation in science,
engineering and all other disciplines. Using real time collaborative and social software applications, BYGGOS will be able to aggregate information
and distribute this information to the matching knowledge seeker on the BYGGOS network. Whereby the user can create content and add it to the information pool which will be available to everyone that seeks for this
knowledge. By encouraging users to create and access content, BYGGOS enables its
users to administer and sustain their education in a formal as well as in an informal context. BYGGOS also enables industry and businesses to simplify the management of their knowledge and information flow within the organization's
operation framework. By providing a platform that supports real-time communication, full collaboration, 24h business lifecycle support, document/file sharing applications and etc. Wherefore, industries and businesses can communicate and collaborate with ease and high pace with other businesses on one
platform, which will help to reduce communication and administration costs and increase efficiency and productivity.
I am at the point of time where I need funding to further establish
this start-up company. I have attached a business plan to this email, and if
I have successfully peaked your interest in this project, please contact
me.
Thank you
Sincerely,
Jonathan Teklu]
The second investor I identified is a bank;
Name: Erika Clore
Type: VP Business Development Manager
Organization: Sandy Spring Bank
Focus/Industry: Small Business Loans
email: eclore@sandyspringbank.com
Website: www.sandyspringbank.com
First, I wanted to apologize, because I had mistakenly identifies Mr. Moritz as my financier. Somehow I mixed up Mr. Moritz with Mr. Botha. I had contacted both financiers to ensure that they are within my industry, Mr. Botha form Sequoia Capital and Ms. Clore from the Sandy Spring Bank.
Sunday, April 12, 2009
Revised - Be a Leader applications of HTWFIP
Principle 4: No One Likes to take Orders:
Earlier last week, a good friend had a midterm exam but was not prepared at all. He was complaining about the fact that he is going to fail but he also had to finish up another project for his job. I tried to ease up the tension by making some jokes and try to tell him that he could prioritize the tasks and so manage them more efficiently. I figured that he did not want to get orders or annoying suggestion for what he should do, so I tried to sway him to recognize the efficiency in prioritizing his tasks, even though the project had to suffer from that decision. He had the feeling that he was now on top of his game and managed to utilize his remaining resources to do well in his midterm, instead of favoring his job over school.
Principle 5: Let the Other Person Save Face:
Friday night, I was engaged in a conversation with couple of people. Some of them were seniors, so the nature of the conversation was based on respectful responses. The topic, however; was the tragic shooting in the English learning center for immigrants in Upstate NY (the American Civic Association), were 13 people died. I already had heard about it on npr, and the reporter said that it was to assume that the suspect was a man from Vietnamese descent but were not able to confirm that information, because the suspects identity was still unclear at that time.
However, one of the men started to tell the others about the incident and made some serious mistakes. Thus, I recognized it as an opportunity and friendly intervened. I just mentioned how sad it is and how terrible the survivors and loved ones of those who died must feel. After I had caught their attention, I told them that the suspect was speculated to be an immigrant himself and committed this monstrous act because of the stigmas he experienced as an immigrant. By doing so the conversation was redirected and the man did not have to lose his face in-front of all the people.
Earlier last week, a good friend had a midterm exam but was not prepared at all. He was complaining about the fact that he is going to fail but he also had to finish up another project for his job. I tried to ease up the tension by making some jokes and try to tell him that he could prioritize the tasks and so manage them more efficiently. I figured that he did not want to get orders or annoying suggestion for what he should do, so I tried to sway him to recognize the efficiency in prioritizing his tasks, even though the project had to suffer from that decision. He had the feeling that he was now on top of his game and managed to utilize his remaining resources to do well in his midterm, instead of favoring his job over school.
Principle 5: Let the Other Person Save Face:
Friday night, I was engaged in a conversation with couple of people. Some of them were seniors, so the nature of the conversation was based on respectful responses. The topic, however; was the tragic shooting in the English learning center for immigrants in Upstate NY (the American Civic Association), were 13 people died. I already had heard about it on npr, and the reporter said that it was to assume that the suspect was a man from Vietnamese descent but were not able to confirm that information, because the suspects identity was still unclear at that time.
However, one of the men started to tell the others about the incident and made some serious mistakes. Thus, I recognized it as an opportunity and friendly intervened. I just mentioned how sad it is and how terrible the survivors and loved ones of those who died must feel. After I had caught their attention, I told them that the suspect was speculated to be an immigrant himself and committed this monstrous act because of the stigmas he experienced as an immigrant. By doing so the conversation was redirected and the man did not have to lose his face in-front of all the people.
Revised - Be a Leader
The lesson on how to be a good leader, discussed in part 4 -chapter 4- of HTWFAIP, resonated with the example set by the former professional soccer player Zinedin Zidian. When one player made a mistake that resulted in a goal for the opposing team, Zizu always played the ball first to that particular player to build up his confidence. He always tried to make sure that his team-mates had confidence in their skills, despite frequent failures of individual players.
Therefore, I tried a technique which was combined from both methods to positively influence my sister into monitoring her driving with attention.
The situation was that I and my sister were driving down to Virginia, and she was distracted and speeding, and I thought this is a good situation for social interaction - part IV. Thus, I started a conversation about the $1000 fee due if Virginia highway patrol charges you with speeding or other offenses. But I covered it up with me using my phone and passively direct the context to drivers on the phone, and emphasized how dangerous it is with all the distraction. She quickly realized that she was lacking concentration on the road and adjusted her driving. I indirectly pointed her attention to her mistake without pointing fingers and calling it out, and she responded positively to it.
Therefore, I tried a technique which was combined from both methods to positively influence my sister into monitoring her driving with attention.
The situation was that I and my sister were driving down to Virginia, and she was distracted and speeding, and I thought this is a good situation for social interaction - part IV. Thus, I started a conversation about the $1000 fee due if Virginia highway patrol charges you with speeding or other offenses. But I covered it up with me using my phone and passively direct the context to drivers on the phone, and emphasized how dangerous it is with all the distraction. She quickly realized that she was lacking concentration on the road and adjusted her driving. I indirectly pointed her attention to her mistake without pointing fingers and calling it out, and she responded positively to it.
Revised - Interaction with reporter
As for the interaction with a reporter from the Retriever Weekly, I contacted Saira Khan. A writer for the opinion section of the student paper. I didn’t know anybody from the redaction, so I had to get to know somebody from there. I emailed Saira, telling her that I read her article in this week’s paper and that I liked it. I added that I also read the other articles she had written. Unfortunately, it took her about a week to respond to me. And when she did, she appreciated that I did not just read her article but also had enough interest to email her and talk to her about it. I think that the reporter interaction went very well.
Revised - Social Interaction part III
My first interaction was with Jason, the random class-mate I talked to last week. I asked him if he remembers me and engaged in a good conversation with him. We continued the discussion from class and exchanged personal opinions. I paid attention and reflected interest when he talked.
The second interaction was with a customer service operator from Gaico. I applied the principles and Sheila, the operator, was very engaging. She was trying to do her job, but did not try to change the topic. We were laughing and the interaction was going very well. She wasn’t even upset when I didn’t end up buying any auto insurance.
My third interaction was very interesting. I went to the dining hall and didn’t have my card with me. I figured it before I got to the dining hall and thought it is a good opportunity to apply these principles. I called her by her name and asked how she is doing. We chatted for a little while, and I mentioned as a side note that I forgot my ID but she didn’t care and she let me through.
My fourth interaction was with a person from retail. I needed to buy a tie, and the person that assisted me was Andrew. I interacted with him and asked him about his life, which he seemed to be glad to be asked about. I continued showing interest in him but had to interrupt it when it was too much. I believe he didn’t notice that I got annoyed. To keep it positive, I incorporated another sales person to our conversation.
The fifth interaction was Sharron; the other sales person from the fourth interaction. I approached her by saying that a woman’s opinion should be considered. Both were comfortable with the situation, and Sharron was even very open and willing to continue the conversation some other time. (That was an unexpected side effect of the principles.)
The sixth person I talked to was James, a parking valet at Colonial Parking in DC. The situation allowed a conversation and I thought it is probably a good idea to make him a friend. After all he was handling my car. We chatted for a while and he noticed that I drive a stick shift. That gave material for a good conversation. It went so good that he gave me a ticket for an hour only despite my plan to stay there for the day, and I had told him that.
The seventh interaction was with a person from register office. I approached her smiling and introduced myself. As I asked her for her name, I got the feeling that she was distracted. I tried to make her feel good but she was not really into that. So I just finished why I came and left.
The eighth interaction I had was in a Chevy Chase bank in Silver Spring, with one of the bank personnel. She introduced herself before I could ask for her name, and we immediately engaged in a conversation that was personal. I gave her the feeling that she is important and interesting; I laughed and confirmed her throughout the interaction. I completely forgot that I wasn’t done and left. When I noticed it outside and returned, she was already smiling and waiting for me to come back.
The ninth interaction was with a UMBC bus driver. I sometimes take the UNBC shuttle service and I wondered if the drivers get a lot of conversations with the passengers. So, I introduced myself and ask him that question, and one led to the other topic and we ended up talking the whole ride long.
The last interaction I had was with a friend of a friend that I have met once before. I approached her and we got to talk. We interacted for a while, and then I noticed her phone when she picked it up to answer a call. It was a G1 phone; I thought this is a good situation to ask questions about the technology adoption behavior of hers. Monica said that she just got it recently and only because she lost her previous one. She said she had a Blackberry –curve with T-Mobile. She said that she uses her phone for voice, text, email, browsing the internet, music, video, and as an organizer. I would say she is a early adopter, because she uses almost all apps the phone offers. In addition, she had a Blackberry before she got the G1 phone, based on that I would say that she is an early adopter.
The second interaction was with a customer service operator from Gaico. I applied the principles and Sheila, the operator, was very engaging. She was trying to do her job, but did not try to change the topic. We were laughing and the interaction was going very well. She wasn’t even upset when I didn’t end up buying any auto insurance.
My third interaction was very interesting. I went to the dining hall and didn’t have my card with me. I figured it before I got to the dining hall and thought it is a good opportunity to apply these principles. I called her by her name and asked how she is doing. We chatted for a little while, and I mentioned as a side note that I forgot my ID but she didn’t care and she let me through.
My fourth interaction was with a person from retail. I needed to buy a tie, and the person that assisted me was Andrew. I interacted with him and asked him about his life, which he seemed to be glad to be asked about. I continued showing interest in him but had to interrupt it when it was too much. I believe he didn’t notice that I got annoyed. To keep it positive, I incorporated another sales person to our conversation.
The fifth interaction was Sharron; the other sales person from the fourth interaction. I approached her by saying that a woman’s opinion should be considered. Both were comfortable with the situation, and Sharron was even very open and willing to continue the conversation some other time. (That was an unexpected side effect of the principles.)
The sixth person I talked to was James, a parking valet at Colonial Parking in DC. The situation allowed a conversation and I thought it is probably a good idea to make him a friend. After all he was handling my car. We chatted for a while and he noticed that I drive a stick shift. That gave material for a good conversation. It went so good that he gave me a ticket for an hour only despite my plan to stay there for the day, and I had told him that.
The seventh interaction was with a person from register office. I approached her smiling and introduced myself. As I asked her for her name, I got the feeling that she was distracted. I tried to make her feel good but she was not really into that. So I just finished why I came and left.
The eighth interaction I had was in a Chevy Chase bank in Silver Spring, with one of the bank personnel. She introduced herself before I could ask for her name, and we immediately engaged in a conversation that was personal. I gave her the feeling that she is important and interesting; I laughed and confirmed her throughout the interaction. I completely forgot that I wasn’t done and left. When I noticed it outside and returned, she was already smiling and waiting for me to come back.
The ninth interaction was with a UMBC bus driver. I sometimes take the UNBC shuttle service and I wondered if the drivers get a lot of conversations with the passengers. So, I introduced myself and ask him that question, and one led to the other topic and we ended up talking the whole ride long.
The last interaction I had was with a friend of a friend that I have met once before. I approached her and we got to talk. We interacted for a while, and then I noticed her phone when she picked it up to answer a call. It was a G1 phone; I thought this is a good situation to ask questions about the technology adoption behavior of hers. Monica said that she just got it recently and only because she lost her previous one. She said she had a Blackberry –curve with T-Mobile. She said that she uses her phone for voice, text, email, browsing the internet, music, video, and as an organizer. I would say she is a early adopter, because she uses almost all apps the phone offers. In addition, she had a Blackberry before she got the G1 phone, based on that I would say that she is an early adopter.
Revised - Increasing traffic to my blog
The alternative to using AdSense to advertise for my blog, I had in order to increase the traffic to my blog was, to submit my blog to Google Blog Search. Thus, that people can get a hit when they search for key words that are similar to my blog. For example, if you search for think, tank, or think tank then my blog is suppose to come up.
Sunday, April 5, 2009
Elevator Pitch
Hi, I'm Jonathan, CEO of BYGGOS. A web-platform for universities interested in interdisciplinary research collaboration, but are dissatisfied with their current web-based collaborative tools.
BYGGOS is a customizable collaboration matrix that provides universities with interactive research and collaboration applications.
Unlike Blackboard, which did not enhance interdisciplinary collaborations, we have assembled both e-learning and networking applications at the center of our product; to facilitate and simplify interdisciplinary research collaborations.
BYGGOS is a customizable collaboration matrix that provides universities with interactive research and collaboration applications.
Unlike Blackboard, which did not enhance interdisciplinary collaborations, we have assembled both e-learning and networking applications at the center of our product; to facilitate and simplify interdisciplinary research collaborations.
Social Interaction part V - Be a Leader II
Principle 4: No One Likes to take Orders:
Earlier last week, a good friend had a midterm exam but was not prepared at all. He was complaining about the fact that he is going to fail but he also had to finish up another project for his job. I tried to ease up the tension by making some jokes and try to tell him that he could prioritize the tasks and so manage them more efficiently. I figured that he did not want to get orders or annoying suggestion for what he should do, so I tried to sway him to recognize the efficiency in prioritizing his tasks, even though the project had to suffer from that decision. He had the feeling that he was now on top of his game and managed to utilize his remaining resources to do well in his midterm, instead of favoring his job over school.
Principle 5: Let the Other Person Save Face:
Friday night, I was engaged in a conversation with couple of people. Some of them were seniors, so the nature of the conversation was based on respectful responses. The topic, however; was the tragic shooting in the English learning center for immigrants in Upstate NY (the American Civic Association), were 13 people died. I already had heard about it on npr, and the reporter said that it was to assume that the suspect was a man from Vietnamese decant but were still waiting for ID conformation. However, one of the men started to tell the others about the incident and made some serious mistakes. Thus, I recognized it as an opportunity and friendly intervened. I just mentioned how sad it is and how terrible the survivors and loved ones of those who died must feel. After I had caught their attention, I told them that the suspect was speculated to be an immigrant himself and committed this monstrous act because of the stigmas he experienced as an immigrant. By doing so the conversation was redirected and the man did not have to lose his face in-front of all the people.
Earlier last week, a good friend had a midterm exam but was not prepared at all. He was complaining about the fact that he is going to fail but he also had to finish up another project for his job. I tried to ease up the tension by making some jokes and try to tell him that he could prioritize the tasks and so manage them more efficiently. I figured that he did not want to get orders or annoying suggestion for what he should do, so I tried to sway him to recognize the efficiency in prioritizing his tasks, even though the project had to suffer from that decision. He had the feeling that he was now on top of his game and managed to utilize his remaining resources to do well in his midterm, instead of favoring his job over school.
Principle 5: Let the Other Person Save Face:
Friday night, I was engaged in a conversation with couple of people. Some of them were seniors, so the nature of the conversation was based on respectful responses. The topic, however; was the tragic shooting in the English learning center for immigrants in Upstate NY (the American Civic Association), were 13 people died. I already had heard about it on npr, and the reporter said that it was to assume that the suspect was a man from Vietnamese decant but were still waiting for ID conformation. However, one of the men started to tell the others about the incident and made some serious mistakes. Thus, I recognized it as an opportunity and friendly intervened. I just mentioned how sad it is and how terrible the survivors and loved ones of those who died must feel. After I had caught their attention, I told them that the suspect was speculated to be an immigrant himself and committed this monstrous act because of the stigmas he experienced as an immigrant. By doing so the conversation was redirected and the man did not have to lose his face in-front of all the people.
Revised - Be a Leader
The lesson on how to be a good leader, discussed in part 4 -chapter 4- of HTWFAIP, resonated with the example set by the former professional soccer player Zinedin Zidian. He always made sure that his team-mates had confidence and were assured by the team. When one player made a mistake that resulted in a goal for the opposing team, Zizu always passes the ball to that particular player to build up his confidence.
Therefore, I tried a technique which was combined from both methods to positively influence my sister into monitoring her driving with attention.
The situation was that I and my sister were driving down to Virginia, and she was distracted and speeding, and I thought this is a good situation for social interaction - part IV. Thus, I started a conversation about the $1000 fee due if Virginia highway patrol charges you with speeding or other offenses. But I covered it up with me using my phone and passively direct the context to drivers on the phone, and emphasized how dangerous it is with all the distraction. She quickly realized that she was lacking concentration on the road and adjusted her driving. I indirectly pointed her attention to her mistake without pointing fingers and calling it out, and she responded positively to it.
Therefore, I tried a technique which was combined from both methods to positively influence my sister into monitoring her driving with attention.
The situation was that I and my sister were driving down to Virginia, and she was distracted and speeding, and I thought this is a good situation for social interaction - part IV. Thus, I started a conversation about the $1000 fee due if Virginia highway patrol charges you with speeding or other offenses. But I covered it up with me using my phone and passively direct the context to drivers on the phone, and emphasized how dangerous it is with all the distraction. She quickly realized that she was lacking concentration on the road and adjusted her driving. I indirectly pointed her attention to her mistake without pointing fingers and calling it out, and she responded positively to it.
Revised - Start Up Financiers
The first financier I identified is;
Name: Michael Morizt
Type: Venture Capitalist
Organization: Venture Capital Fund - Sequoia Capital
Focus/Industry: Software and Service Investments
email: moritz@sequoiacap.com
Website link: http://www.sequoiacap.com/people/michael-moritz/
The second investor I identified is a bank;
Name: Erika Clore
Type: VP Business Development Manager
Organization: Sandy Spring Bank
Focus/Industry: Small Business Loans
email: eclore@sandyspringbank.com
Website: www.sandyspringbank.com
I actually have contacted both financiers to ensure that they are both within my industry.
Name: Michael Morizt
Type: Venture Capitalist
Organization: Venture Capital Fund - Sequoia Capital
Focus/Industry: Software and Service Investments
email: moritz@sequoiacap.com
Website link: http://www.sequoiacap.com/people/michael-moritz/
The second investor I identified is a bank;
Name: Erika Clore
Type: VP Business Development Manager
Organization: Sandy Spring Bank
Focus/Industry: Small Business Loans
email: eclore@sandyspringbank.com
Website: www.sandyspringbank.com
I actually have contacted both financiers to ensure that they are both within my industry.
Sunday, March 29, 2009
Be a Leader, Social Interaction - part IV
Part IV of HTWFAIP, was an interesting insight in how to be a good leader. When I was reading it, I tried to find a real case and Zinedin Zidan,a French soccer legend, was the only person that came me to mind.
Since I always liked how Zizu did his thing, I had confidence that I can be successful applying this method. I was driving with my sister down to Virginia and she was distracted and speeding, and I thought this is a good situation for social interaction - part IV. Thus, I started a conversation about the $1000 fee due if Virginia highway patrol charges you with speeding or other offenses. But I covered it up with me using my phone and passively direct the context to drivers on the phone, and emphasized how dangerous it is with all the distraction. She quickly realized that she was lacking concentration on the road and adjusted her driving. I indirectly pointed her attention to her mistake without pointing fingers and calling it out, and she responded positively.
Since I always liked how Zizu did his thing, I had confidence that I can be successful applying this method. I was driving with my sister down to Virginia and she was distracted and speeding, and I thought this is a good situation for social interaction - part IV. Thus, I started a conversation about the $1000 fee due if Virginia highway patrol charges you with speeding or other offenses. But I covered it up with me using my phone and passively direct the context to drivers on the phone, and emphasized how dangerous it is with all the distraction. She quickly realized that she was lacking concentration on the road and adjusted her driving. I indirectly pointed her attention to her mistake without pointing fingers and calling it out, and she responded positively.
Sunday, March 22, 2009
Secret of Socrates
I wasn't sure who the right person would be for this social interaction, so to be prepared I tried it on my uncle that came to visit over the weekend. He is a professor of political science, and I thought that this would be a very good common ground to start on. Thus, I wanted to make him agree with me on topics regarding college and internships. The objective of this interaction was for me to increase confidence when I try this on other people. With the previous interactions it took me couple of failures before I figured how to do it effectively. That is why I just took this opportunity to try it.
Sunday, March 8, 2009
Revised - 12 month Marketing Budget
12 month Marketing Budget
I can somehow only post this as a web link, I don't know why. I hope this is ok.
I can somehow only post this as a web link, I don't know why. I hope this is ok.
Revised - Increasing traffic to my blog
First, I was thinking of using AdSense to advertise my blog, but then changed my mind because I would have to pay if somebody clicks on my link. The other alternative I have in order to increase the traffic to my blog was to submit my blog to Google Blog Search. Thus, that people can get a hit when they search for key words that are similar to my blog. For example, if you search for think, tank, or think tank then my blog is suppose to come up.
Revised - Interaction with reporter
As for the interaction with a reporter from the Retriever Weekly, I contacted Saira Khan a writer for the opinion section of the student paper. I didn’t know anybody from the redaction, so I had to get to know somebody from there. I emailed Saira, telling her that I read her article in this week’s paper and that I liked it. I added that I also read the other articles she had written. Unfortunately, it took her about a week to respond to me. And when she did, she appreciated that I did not just read her article but also had enough interest to email her and talk to her about it. I think that the reporter interaction went very well.
Revised - Social Interaction part III
My first interaction was with Jason, the random class-mate I talked to last week. I asked him if he remembers me and engaged in a good conversation with him. We continued the discussion from class and exchanged personal opinions. I paid attention and reflected interest when he talked.
The second interaction was with a customer service operator from Gaico. I applied the principles and Sheila, the operator, was very engaging. She was trying to do her job, but did not try to change the topic. We were laughing and the interaction was going very well. She wasn’t even upset when I didn’t end up buying any auto insurance.
My third interaction was very interesting. I went to the dining hall and didn’t have my card with me. I figured it before I got to the dining hall and thought it is a good opportunity to apply these principles. I called her by her name and asked how she is doing. We chatted for a little while, and I mentioned as a side note that I forgot my ID but she didn’t care and she let me through.
My fourth interaction was with a person from retail. I needed to buy a tie, and the person that assisted me was Andrew. I interacted with him and asked him about his life, which he seemed to be glad to be asked about. I continued showing interest in him but had to interrupt it when it was too much. I believe he didn’t notice that I got annoyed. To keep it positive, I incorporated another sales person to our conversation.
The fifth interaction was Sharron; the other sales person from the fourth interaction. I approached her by saying that a woman’s opinion should be considered. Both were comfortable with the situation, and Sharron was even very open and willing to continue the conversation some other time. (That was an unexpected side effect of the principles.)
The sixth person I talked to was James, a parking valet at Colonial Parking in DC. The situation allowed a conversation and I thought it is probably a good idea to make him a friend. After all he was handling my car. We chatted for a while and he noticed that I drive a stick shift. That gave material for a good conversation. It went so good that he gave me a ticket for an hour only despite my plan to stay there for the day, and I had told him that.
The seventh interaction was with a person from register office. I approached her smiling and introduced myself. As I asked her for her name, I got the feeling that she was distracted. I tried to make her feel good but she was not really into that. So I just finished why I came and left.
The eighth interaction I had was in a Chevy Chase bank in Silver Spring, with one of the bank personnel. She introduced herself before I could ask for her name, and we immediately engaged in a conversation that was personal. I gave her the feeling that she is important and interesting; I laughed and confirmed her throughout the interaction. I completely forgot that I wasn’t done and left. When I noticed it outside and returned, she was already smiling and waiting for me to come back.
The ninth interaction was with a UMBC bus driver. I sometimes take the UNBC shuttle service and I wondered if the drivers get a lot of conversations with the passengers. So, I introduced myself and ask him that question, and one led to the other topic and we ended up talking the whole ride long.
The last interaction I had was with a friend of a friend that I have met once before. I approached her and we got to talk. We interacted for a while, and then I noticed her phone when she picked it up to answer a call. It was a G1 phone; I thought this is a good situation to ask questions about the technology adoption behavior of hers. Monica said that she just got it recently and only because she lost her previous one. She said she had a Blackberry –curve with T-Mobile. She said that she uses her phone for voice, text, email, browsing the internet, music, video, and as an organizer. I would say she is a early adopter, because she uses almost all apps the phone offers. In addition, she had a Blackberry before she got the G1 phone, based on that I would say that she is an early adopter.
The second interaction was with a customer service operator from Gaico. I applied the principles and Sheila, the operator, was very engaging. She was trying to do her job, but did not try to change the topic. We were laughing and the interaction was going very well. She wasn’t even upset when I didn’t end up buying any auto insurance.
My third interaction was very interesting. I went to the dining hall and didn’t have my card with me. I figured it before I got to the dining hall and thought it is a good opportunity to apply these principles. I called her by her name and asked how she is doing. We chatted for a little while, and I mentioned as a side note that I forgot my ID but she didn’t care and she let me through.
My fourth interaction was with a person from retail. I needed to buy a tie, and the person that assisted me was Andrew. I interacted with him and asked him about his life, which he seemed to be glad to be asked about. I continued showing interest in him but had to interrupt it when it was too much. I believe he didn’t notice that I got annoyed. To keep it positive, I incorporated another sales person to our conversation.
The fifth interaction was Sharron; the other sales person from the fourth interaction. I approached her by saying that a woman’s opinion should be considered. Both were comfortable with the situation, and Sharron was even very open and willing to continue the conversation some other time. (That was an unexpected side effect of the principles.)
The sixth person I talked to was James, a parking valet at Colonial Parking in DC. The situation allowed a conversation and I thought it is probably a good idea to make him a friend. After all he was handling my car. We chatted for a while and he noticed that I drive a stick shift. That gave material for a good conversation. It went so good that he gave me a ticket for an hour only despite my plan to stay there for the day, and I had told him that.
The seventh interaction was with a person from register office. I approached her smiling and introduced myself. As I asked her for her name, I got the feeling that she was distracted. I tried to make her feel good but she was not really into that. So I just finished why I came and left.
The eighth interaction I had was in a Chevy Chase bank in Silver Spring, with one of the bank personnel. She introduced herself before I could ask for her name, and we immediately engaged in a conversation that was personal. I gave her the feeling that she is important and interesting; I laughed and confirmed her throughout the interaction. I completely forgot that I wasn’t done and left. When I noticed it outside and returned, she was already smiling and waiting for me to come back.
The ninth interaction was with a UMBC bus driver. I sometimes take the UNBC shuttle service and I wondered if the drivers get a lot of conversations with the passengers. So, I introduced myself and ask him that question, and one led to the other topic and we ended up talking the whole ride long.
The last interaction I had was with a friend of a friend that I have met once before. I approached her and we got to talk. We interacted for a while, and then I noticed her phone when she picked it up to answer a call. It was a G1 phone; I thought this is a good situation to ask questions about the technology adoption behavior of hers. Monica said that she just got it recently and only because she lost her previous one. She said she had a Blackberry –curve with T-Mobile. She said that she uses her phone for voice, text, email, browsing the internet, music, video, and as an organizer. I would say she is a early adopter, because she uses almost all apps the phone offers. In addition, she had a Blackberry before she got the G1 phone, based on that I would say that she is an early adopter.
Monday, March 2, 2009
12 month Marketing Budget
Marketing Budget Spreadsheet
The Marketing Budget spreadsheet is under that link. I couldn't post it on my blog otherwise. I will figure it out and correct it, but until then this has to do it.
The Marketing Budget spreadsheet is under that link. I couldn't post it on my blog otherwise. I will figure it out and correct it, but until then this has to do it.
Social Interaction part III
The seventh interaction was with a person from register office. I approached her smiling and introduced myself. As I asked her for her name, I got the feeling that she was distracted. I tried to make her feel good but she was not really into that. So I just finished why I came and left.
The eighth interaction went very good. I had that interaction in a Chevy Chase bank in Silver Spring with one of the bank personnel. She introduced herself before I could ask for her name, and we immediately engaged in a conversation that was personal. I gave her the feeling that she is important and interesting, I laughed and confirmed her throughout the interaction. I completely forgot that I wasn’t done and left. When I noticed it outside and returned, she was already smiling and waiting for me to come back.
The ninth interaction was with a UMBC bus driver. I sometimes take the UNBC shuttle service and I wondered if the drivers get a lot of conversations with the passengers. So, I introduced myself and ask him that question, and one led to the other topic and we ended up talking the whole ride long.
The last interaction I had was with a friend of a friend that I have met once before. I approached her and we got to talk. We interacted for a while, and then I noticed her phone when she picked it up to answer a call. It was a G1 phone; I thought this is a good situation to ask questions about the technology adoption behavior of hers. Monica said that she just got it recently and only because she lost her previous one. She said she had a Blackberry –curve with T-Mobile. She said that she uses her phone for voice, text, email, browsing the internet, music, video, and as an organizer. I would say she is a early adopter, because she uses almost all apps the phone offers. In addition, she had a Blackberry before she got the G1 phone, based on that I would say that she is an early adopter.
The sixth person I talked to was James, a parking valley at Colonial Parking in DC. The situation allowed a conversation and I thought it is probably a good idea to make him a friend. After all he was handling my car. We chatted for a while and he noticed that I drive a stick shift. That gave material for a good conversation. It went so good that he gave me a ticket for an hour only despite my plan to stay there for the day, and I had told him that.
My fourth interaction was with a person from retail. I needed to buy a tie, and the person that assisted me was Andrew. I interacted with him and asked him about his life, which he seemed to be glad to be asked about. I continued showing interest in him but had to interrupt it when it was too much. I believe he didn’t notice that I got annoyed. To keep it positive, I incorporated another sales person to our conversation.
The fifth interaction was Sharron; the other sales person from the fourth interaction. I approached her by saying that a woman’s opinion should be considered. Both were comfortable with the situation, and Sharron was even very open and willing to continue the conversation some other time. (That was an unexpected side effect of the principles.)
The second interaction was with a customer service operator from Gaico. I applied the principles and Sheila, the operator, was very engaging. She was trying to do her job, but did not try to change the topic. We were laughing and the interaction was going very well. She wasn’t even upset when I didn’t end up buying any auto insurance.
My third interaction was very interesting. I went to the dining hall and didn’t have my card with me. I figured it before I got to the dining hall and thought it is a good opportunity to apply these principles. I called her by her name and asked how she is doing. We chatted for a little while, and I mentioned as a side note that I forgot my ID but she didn’t care and she let me through.
My first interaction was with Jason, the random class-mate I talked to last week. I asked him if he remembers me and engaged in a good conversation with him. We continued the discussion from class and exchanged personal opinions. I paid attention and reflected interest when he talked.
The eighth interaction went very good. I had that interaction in a Chevy Chase bank in Silver Spring with one of the bank personnel. She introduced herself before I could ask for her name, and we immediately engaged in a conversation that was personal. I gave her the feeling that she is important and interesting, I laughed and confirmed her throughout the interaction. I completely forgot that I wasn’t done and left. When I noticed it outside and returned, she was already smiling and waiting for me to come back.
The ninth interaction was with a UMBC bus driver. I sometimes take the UNBC shuttle service and I wondered if the drivers get a lot of conversations with the passengers. So, I introduced myself and ask him that question, and one led to the other topic and we ended up talking the whole ride long.
The last interaction I had was with a friend of a friend that I have met once before. I approached her and we got to talk. We interacted for a while, and then I noticed her phone when she picked it up to answer a call. It was a G1 phone; I thought this is a good situation to ask questions about the technology adoption behavior of hers. Monica said that she just got it recently and only because she lost her previous one. She said she had a Blackberry –curve with T-Mobile. She said that she uses her phone for voice, text, email, browsing the internet, music, video, and as an organizer. I would say she is a early adopter, because she uses almost all apps the phone offers. In addition, she had a Blackberry before she got the G1 phone, based on that I would say that she is an early adopter.
The sixth person I talked to was James, a parking valley at Colonial Parking in DC. The situation allowed a conversation and I thought it is probably a good idea to make him a friend. After all he was handling my car. We chatted for a while and he noticed that I drive a stick shift. That gave material for a good conversation. It went so good that he gave me a ticket for an hour only despite my plan to stay there for the day, and I had told him that.
My fourth interaction was with a person from retail. I needed to buy a tie, and the person that assisted me was Andrew. I interacted with him and asked him about his life, which he seemed to be glad to be asked about. I continued showing interest in him but had to interrupt it when it was too much. I believe he didn’t notice that I got annoyed. To keep it positive, I incorporated another sales person to our conversation.
The fifth interaction was Sharron; the other sales person from the fourth interaction. I approached her by saying that a woman’s opinion should be considered. Both were comfortable with the situation, and Sharron was even very open and willing to continue the conversation some other time. (That was an unexpected side effect of the principles.)
The second interaction was with a customer service operator from Gaico. I applied the principles and Sheila, the operator, was very engaging. She was trying to do her job, but did not try to change the topic. We were laughing and the interaction was going very well. She wasn’t even upset when I didn’t end up buying any auto insurance.
My third interaction was very interesting. I went to the dining hall and didn’t have my card with me. I figured it before I got to the dining hall and thought it is a good opportunity to apply these principles. I called her by her name and asked how she is doing. We chatted for a little while, and I mentioned as a side note that I forgot my ID but she didn’t care and she let me through.
My first interaction was with Jason, the random class-mate I talked to last week. I asked him if he remembers me and engaged in a good conversation with him. We continued the discussion from class and exchanged personal opinions. I paid attention and reflected interest when he talked.
Interaction with reporter
As for the interaction with a reporter from the Retriever Weekly, I contacted Saira Khan a writer for the opinion section of the student paper. I didn’t know anybody from the redaction, so I had to get to know somebody from there. I emailed Saira, telling her that I read her article in this week’s paper and that I liked it. I added that I also read the other articles she had written. Unfortunately, I haven’t heard from her since then.
Increasing traffic to my blog
In order to increase the traffic to my blog, I submitted my blog to Google Blog Search so that people can get a hit when they search for key words that are similar to my blog.
I also want to post links on other sites. I was thinking of using AdSense, but changed my mind because I would have to pay if somebody clicks on my link.
I also want to post links on other sites. I was thinking of using AdSense, but changed my mind because I would have to pay if somebody clicks on my link.
Microsoft vs. Apple Inc.
Microsoft: Current enterprise value: $172,800,000,000
Amount of outstanding shares – 8,890,562,873
Value of single share - $19.44
• Amount of increase in Microsoft's value: $121,000,000,000.
Apple Inc.: Current enterprise value: $69,640,000,000
Amount of outstanding shares – 890,553,729
Value of single share - $78.20
• Amount of increase in Apple's value: $68,447,000,000.
The current enterprise value of Microsoft's is greater than Apple's by 176.78%.
Source: www.sec.gov.
Amount of outstanding shares – 8,890,562,873
Value of single share - $19.44
• Amount of increase in Microsoft's value: $121,000,000,000.
Apple Inc.: Current enterprise value: $69,640,000,000
Amount of outstanding shares – 890,553,729
Value of single share - $78.20
• Amount of increase in Apple's value: $68,447,000,000.
The current enterprise value of Microsoft's is greater than Apple's by 176.78%.
Source: www.sec.gov.
Sunday, February 22, 2009
Current enterprise value of Microsoft and Apple Inc.
Microsoft: Amount of outstanding shares: 69,416,120
Value of single share: $18.00 (as of Feb. 20th)
Current enterprise value: 1,249,490,160
Apple Inc.: Amount of outstanding shares: 26,796,442
Value of single share: $91.20 (as of Feb. 20th)
Current enterprise value: 2,443,835,510.4
Value of single share: $18.00 (as of Feb. 20th)
Current enterprise value: 1,249,490,160
Apple Inc.: Amount of outstanding shares: 26,796,442
Value of single share: $91.20 (as of Feb. 20th)
Current enterprise value: 2,443,835,510.4
Social interaction part II
Social interaction applying HTWFAIP and the adoption life-cycle concept
I was not sure with whom I should do this social experiment. I ended up choosing a friend, a professor, my trainer, a random classmate, and my cousin. All my conversations were interesting, but certainly had a sense of awkwardness. Since none of them expected to engage in a interaction of that kind.
In order to build up confidence, I thought it is probably better to talk to my friend first. I approached him smiling and asked, if he has a second for me. I showed a sincere interest in how he was doing in classes and privately. He was surprised by the amount of interest I had in his day. Since I usually would not talk to him in this way. However, he responded to my question with an equal interest in my affairs. He became more open when I started asking him about his cell-phone. He told me that he has subscribed to the ‘Verizon’ network and has a LG enV phone. He uses this phone for voice, text, and music. I would have expected him to use his phone more extensively, because he is usually the one that introduces me to new software. Thus, I would say that he is an early majority, regarding the cell-phone question, but otherwise I would put him in the category of the early adopter.
The next person I approached was my professor. I went to her office after class, using a question I had from the previous lecture as an excuse, to have a more private environment. I knocked on the door and entered with a smile, called her name and wishing a good afternoon. I sat down and started a conversation incorporating the rules of engagement required for this assignment. I asked her what the potential outcomes of this stimulus package could be once dispersed to the recipients, emphasizing her own opinion. She was glad to engage in the conversation. After a little while I slowly changed the topic to know what cell-phone she has and who her network provider was. She said that the Verizon network is her provider, and since she could not find her phone she just said that she owns one of those phones that have the big buttons. She mentioned as a side note that she has trouble seeing. My conclusion form this interaction was that she does not really care what her phone is and who the network provider is. I would say that she belongs to the category of the late majority.
The third person I interacted with was my trainer. I started this interaction as I have started all the other experimental conversations. In our interaction I showed a sincere interest in how he is doing, as I did it with my friend. He opened up really quickly and we had a nice conversation. After all that was done, I asked what type of cell-phone he uses. He said that he has an IPhone and he even added that this is a very good phone. When I asked him about the sensitive screen, he just said that one has to be careful. Based on the information I got from the conversation, I would say that he is an early adopter; since he uses his phone for email, voice, text, and music.
The random classmate I approached was somebody that I did not know before. After class I approached a guy and introduced myself with a smile on my face. He introduced himself as Jason, and we continued a genuine conversation. I changed the subject to cell-phones and told him that I have a Blackberry curve with AT&T. He just responded very positively and said that he also has a Blackberry but with T-mobile. We continued and compared our service coverage, since we already have the same phone. He said he uses his phone for voice, text, email, internet, music, and taking pictures. Therefore, I would say that he is an early adopter.
The last person I interviewed was my cousin. We haven’t seen each other for a while and this weekend we got to get together. I interacted with him using the principles of HTWFAIP, and got straight to the cell-phone question. He told me that he has a LG voyager with the ‘Verizon’ network. He added that this phone is the IPhone killer, because it can do what the IPhone can do. Despite my lack of enthusiasm over the IPhone, I had to add that this LG does not have the same internet and gaming capabilities as the IPhone. He uses the phone for voice, text, email, picture, video, and music. And I believe that makes him an early-majority adopter, since he does not use the internet through his phone to often.
I was not sure with whom I should do this social experiment. I ended up choosing a friend, a professor, my trainer, a random classmate, and my cousin. All my conversations were interesting, but certainly had a sense of awkwardness. Since none of them expected to engage in a interaction of that kind.
In order to build up confidence, I thought it is probably better to talk to my friend first. I approached him smiling and asked, if he has a second for me. I showed a sincere interest in how he was doing in classes and privately. He was surprised by the amount of interest I had in his day. Since I usually would not talk to him in this way. However, he responded to my question with an equal interest in my affairs. He became more open when I started asking him about his cell-phone. He told me that he has subscribed to the ‘Verizon’ network and has a LG enV phone. He uses this phone for voice, text, and music. I would have expected him to use his phone more extensively, because he is usually the one that introduces me to new software. Thus, I would say that he is an early majority, regarding the cell-phone question, but otherwise I would put him in the category of the early adopter.
The next person I approached was my professor. I went to her office after class, using a question I had from the previous lecture as an excuse, to have a more private environment. I knocked on the door and entered with a smile, called her name and wishing a good afternoon. I sat down and started a conversation incorporating the rules of engagement required for this assignment. I asked her what the potential outcomes of this stimulus package could be once dispersed to the recipients, emphasizing her own opinion. She was glad to engage in the conversation. After a little while I slowly changed the topic to know what cell-phone she has and who her network provider was. She said that the Verizon network is her provider, and since she could not find her phone she just said that she owns one of those phones that have the big buttons. She mentioned as a side note that she has trouble seeing. My conclusion form this interaction was that she does not really care what her phone is and who the network provider is. I would say that she belongs to the category of the late majority.
The third person I interacted with was my trainer. I started this interaction as I have started all the other experimental conversations. In our interaction I showed a sincere interest in how he is doing, as I did it with my friend. He opened up really quickly and we had a nice conversation. After all that was done, I asked what type of cell-phone he uses. He said that he has an IPhone and he even added that this is a very good phone. When I asked him about the sensitive screen, he just said that one has to be careful. Based on the information I got from the conversation, I would say that he is an early adopter; since he uses his phone for email, voice, text, and music.
The random classmate I approached was somebody that I did not know before. After class I approached a guy and introduced myself with a smile on my face. He introduced himself as Jason, and we continued a genuine conversation. I changed the subject to cell-phones and told him that I have a Blackberry curve with AT&T. He just responded very positively and said that he also has a Blackberry but with T-mobile. We continued and compared our service coverage, since we already have the same phone. He said he uses his phone for voice, text, email, internet, music, and taking pictures. Therefore, I would say that he is an early adopter.
The last person I interviewed was my cousin. We haven’t seen each other for a while and this weekend we got to get together. I interacted with him using the principles of HTWFAIP, and got straight to the cell-phone question. He told me that he has a LG voyager with the ‘Verizon’ network. He added that this phone is the IPhone killer, because it can do what the IPhone can do. Despite my lack of enthusiasm over the IPhone, I had to add that this LG does not have the same internet and gaming capabilities as the IPhone. He uses the phone for voice, text, email, picture, video, and music. And I believe that makes him an early-majority adopter, since he does not use the internet through his phone to often.
Monday, February 16, 2009
Social Experiment
Since my last application of the 3 principles of - How to win friends and influence people - was not really satisfying, I tried it on last Saturday again. This time, I interacted with an employee named Morgen at the Man's Warehouse in Rockville.
I had to get a new suit and I thought this is probably a good opportunity to try it again. As I went into the store, an older gentleman came up to me and introduced himself as Morgen. I was just thinking that he messed up my social experiment, but then I thought that is fine because now we can skip the first step of the 3 principles.
Therefore as a reaction, I introduced myself as well and continued by telling him what I'm looking for. And he responded by asking me what the reason for a new suit is. The conversation went on for a while. But I was much more interested conveying an interests on him, so I changed the subject.
I wanted to know how long he has been working here at this store and how long he has been working in retail. He said that he can't remember, but he started working at this store for around 4 years. Then I continued asking if there has been any decline in sales since the economic downturn.
The result of the social experiment was that I got a 20% rebate on the suit I bought that day.
I had to get a new suit and I thought this is probably a good opportunity to try it again. As I went into the store, an older gentleman came up to me and introduced himself as Morgen. I was just thinking that he messed up my social experiment, but then I thought that is fine because now we can skip the first step of the 3 principles.
Therefore as a reaction, I introduced myself as well and continued by telling him what I'm looking for. And he responded by asking me what the reason for a new suit is. The conversation went on for a while. But I was much more interested conveying an interests on him, so I changed the subject.
I wanted to know how long he has been working here at this store and how long he has been working in retail. He said that he can't remember, but he started working at this store for around 4 years. Then I continued asking if there has been any decline in sales since the economic downturn.
The result of the social experiment was that I got a 20% rebate on the suit I bought that day.
Consumer’s technology adoption life-cycle:
The person I interviewed regarding his communication technology adoption life-cycle, is a friend of mine and his name is Osborn. He has a Palm hand-held which came with the Sprint network. Osborn said that he uses his phone for calls, emails, text messages, MMS, calender, taking pictures and recording videos, as well as the internet and goggle maps.
Based on his extensive use of his Palm hand-held, I would say he fits the description of an early adopter. After I explained him the context of my interest for his cell phone use, he agreed with the category I put him in the technology adoption life-cycle and added that he always tries to use his gadgets as much as possible.
To my follow up question if he would get another phone if money is not the issue, he said that he defiantly would get the new G1 phone featured by Google. He likes to use all the apps his phone offers and would like to improve his internet usage with a phone made for that task. Osborn pointed out that he doesn’t care which network provider he signs with as long as they have affordable plans.
I would say that Osborn is certainly an early adopter. He uses, according to him, all his apps and would like to be able to surf the internet more comprehensively with his portable devise.
Enterprise values of Apple and Microsoft
Apple Enterprise Value in of 1980:
Outstanding shares x value of single share
54,215,332 x $22
Total Enterprise Value: $1,192,737,304
Microsoft Enterprise Value as of 1986:
Outstanding shares x value of single share
2,500,000 x $21
Total Enterprise Value: $52,500,000
The enterprise value of Apple was 2271% higher than that of Microsoft during the initial public offering.
Hope is correct.
Sunday, February 15, 2009
Target Market - Google Docs
Target Market - Google Docs
The link will take you to my power-point presentation.
I couldn't upload the presentation directly to the blog.
The link will take you to my power-point presentation.
I couldn't upload the presentation directly to the blog.
Sunday, February 8, 2009
My favorite American entrepreneur
My favorite entrepreneur – I believe is Howard Hughes (Revised Version)
I never have thought about this question before, which American entrepreneur I admire the most. I believe I never have developed admiration for an entrepreneur in general. Even though the case is that I am deeply impressed by the ingenuity of the American entrepreneur, so much that I feel inspired to become an entrepreneur myself; but I never had an entrepreneur as an icon before.
However, after I gave it some thought the only person that seemed interesting enough to me was the great innovator, entrepreneur, and film maker Howard R. Hughes Jr. Howard Hughes was born on December 24, 1905 in Houston, Texas as heir to the Hughes Aircraft enterprise. Hughes was born into a wealthy family, enjoyed the prestige that comes with that. But as it happens in life, Hughes loses his parents in a young age. Because he was the only child, he was the only heir to the enterprise which he completely innovated and lead to new aviation industry frontiers.
The reason why I picked Howard Hughes is because of his personality. In particular, his resourcefulness, his ability to combine the skills he had, and his boldness when he did business. The only thing Hughes and I share, as I see it, is the ability to aim and stay on course until you have reached the goal you aimed for. I am not an heir to a multi-national enterprise (MNE) nor am I rich, but I still feel a connection and admiration towards Howard Hughes.
Hughes was an important innovator of the aviation industry, he did not just loved and enjoyed flying but Hughes also set several aviation records. To add to Hughes accomplishments, he revolutionized Trans-World and Intercontinental air traveling. A very profitable consequence of this aviation revolution was Hughes expansion of business activities. That means that Hughes recognized the new market and penetrated through to make the most out of his passion, aviation. Hughes’s personality seemed to attract people’s interest in what it is he was doing. The arrogant, bold and intelligent Howard Hughes was able to win friends and influence people. It was important for his career to be influential, because of the ground breaking innovations Hughes wanted to advertise and market. In his biography, Aviator, Hughes was not just eccentric but also charming and a womanizer. All these attributes helped him succeed in business.
Howard Hughes was not just an innovator for the aviation industry he also revolutionized Hollywood by creating to most high-profiled film productions of his age. Movies like Hells Angels, Scarface, and The Outlaw were productions that blew the budget and even caused some controversy. Hughes’s skill for business and passion for perfection made him to one of the most famous and important industrialists, billionaire, and film maker of the late 20th century. The many interests of Hughes make it a little difficult to identify the initial market his corporation targeted at the beginning. But, since the company he inherited was an aviation company. I would say that the initial market Howard Hughes penetrated and got to control was the airplane manufacturing industry. The company had contracts with the government and supplied the military with aircrafts and aircraft parts. The ‘beachhead’ for Hughes was the US government contracts he had. He was the big fish in a small pound, because there were not many manufacturers that competed with Hughes. The reputation for quality and innovation his enterprise has built up was just a stepping stone to invade the mainstream market, to put it in the terms used in - Crossing the Chasm. A market that resulted from his innovative aircrafts was the intercontinental traveling, which Hughes came to discover and dominate for years. Ultimately, Howards Hughes, one of the wealthiest entrepreneurs in the world, suffered from a mental condition that never was diagnosed or treated. And this illness spiraled out and caused Hughes to isolate himself and manage his enterprise from his room equipped with a telephone.
During one of Hughes test flights he experienced an accident and suffered until his death from an injury on his back caused by that plane crash. This injury seriously handicapped his life. An addition to his pain suffrage was also Hughes undiagnosed and untreated obsessive-compulsive-disorder (OCD).
My ambitions to become an entrepreneur are based on my will to accomplish my goals not the goals of others with dreams and ideas. I want to develop my skills and become better whatever it is I shell decide to do. I have many ideas and interests, as Hughes successfully lived his American dream, so I want to live my American dream. Combining my interests and develop competitive skills that can innovate and revolutionize an industry. That is why I thought Howard R. Hughes Jr. is an entrepreneur I want to admire.
Sources:
http://www.thebiographychannel.co.uk/biography_home/485:0/Howard_Hughes.htm
http://www.famoustexans.com/howardhughes.htm
http://www.socalhistory.org/Socalhistory.org%20_mainfolder/Biographies/Hughes_Howard/Howard_hughes.htm
Monday, February 2, 2009
Which American entrepreneur do you admire most and why? How does their life story relate to yours?
My favorite entrepreneur – I believe it is Howard Hughes
I never have thought about this question before, which American entrepreneur I admire the most. I believe I never have developed admiration for an entrepreneur in general. Even though the case is that I am deeply impressed and feel inspired by the ingenuity American entrepreneurs bring to the table to try myself as a businessman, I never had an entrepreneur as an icon.
However, after I gave it some thought the only person that seemed interesting to me was the great innovator, entrepreneur, and film maker Howard R. Hughes Jr. Howard Hughes was born on December 24, 1905 in Houston, Texas as heir to the Hughes Aircraft enterprise. Hughes was born into a wealthy family, enjoyed the prestige that comes with that, but as it happens in life Hughes’s loses his parents in a young age. As he was the only child he also was the only heir to the enterprise which he completely innovated and lead to new aviation industry frontiers.
The reason why I picked Howard Hughes is because of his personality. In particular, his resourcefulness, his ability to combine the skills he had, and his boldness when he did business. The only thing Hughes and I share, as I see it, is the ability to aim and stay on course until you have reached the goal you aimed for. I am not an heir to a multi-national enterprise (MNE) nor am I rich, but I still feel a connection and admiration towards Howard Hughes, in reflection to the question.
Hughes was an important innovator of the aviation industry, he did not just loved and enjoyed flying but Hughes also set several aviation records. To add to Hughes accomplishments, he revolutionized Trans-World and Intercontinental air traveling. A very profitable consequence of this aviation revolution was Hughes expansion of business activities. That means that Hughes recognized the new market and penetrated through to make the most out of his passion, aviation.
Howard Hughes was not just an innovator for the aviation industry he also revolutionized Hollywood by creating to most high-profile film production of his age. Movies like Hells Angels, Scarface, and The Outlaw were productions that blew the budget and even caused some controversy. Hughes’s skill for business and passion perfection made him to one of the most famous and important industrialists, billionaire, and film maker. These developments ultimately deprived Howards Hughes, one of the wealthiest entrepreneurs in the world, mental conditions.
During one of Hughes test flights he experienced an accident and suffered until his death from an injury on his back caused by that plane crash. This injury seriously handicapped his life. An addition to the back pain he suffered under, he had obsessive-compulsive-disorder (OCD), which was not diagnosed during Hughes’s life time.
My ambitions to become an entrepreneur are based on my will to accomplish my goals not the goals of other. I want to develop my skills and become better whatever it is I do. I have many ideas and interests, as Hughes successfully lived his American dream, so I want to live my American dream. Combining my interests and develop competitive skills that can innovate and revolutionize an industry. That is why I thought Howard R. Hughes Jr. is an entrepreneur I want to admire.
I never have thought about this question before, which American entrepreneur I admire the most. I believe I never have developed admiration for an entrepreneur in general. Even though the case is that I am deeply impressed and feel inspired by the ingenuity American entrepreneurs bring to the table to try myself as a businessman, I never had an entrepreneur as an icon.
However, after I gave it some thought the only person that seemed interesting to me was the great innovator, entrepreneur, and film maker Howard R. Hughes Jr. Howard Hughes was born on December 24, 1905 in Houston, Texas as heir to the Hughes Aircraft enterprise. Hughes was born into a wealthy family, enjoyed the prestige that comes with that, but as it happens in life Hughes’s loses his parents in a young age. As he was the only child he also was the only heir to the enterprise which he completely innovated and lead to new aviation industry frontiers.
The reason why I picked Howard Hughes is because of his personality. In particular, his resourcefulness, his ability to combine the skills he had, and his boldness when he did business. The only thing Hughes and I share, as I see it, is the ability to aim and stay on course until you have reached the goal you aimed for. I am not an heir to a multi-national enterprise (MNE) nor am I rich, but I still feel a connection and admiration towards Howard Hughes, in reflection to the question.
Hughes was an important innovator of the aviation industry, he did not just loved and enjoyed flying but Hughes also set several aviation records. To add to Hughes accomplishments, he revolutionized Trans-World and Intercontinental air traveling. A very profitable consequence of this aviation revolution was Hughes expansion of business activities. That means that Hughes recognized the new market and penetrated through to make the most out of his passion, aviation.
Howard Hughes was not just an innovator for the aviation industry he also revolutionized Hollywood by creating to most high-profile film production of his age. Movies like Hells Angels, Scarface, and The Outlaw were productions that blew the budget and even caused some controversy. Hughes’s skill for business and passion perfection made him to one of the most famous and important industrialists, billionaire, and film maker. These developments ultimately deprived Howards Hughes, one of the wealthiest entrepreneurs in the world, mental conditions.
During one of Hughes test flights he experienced an accident and suffered until his death from an injury on his back caused by that plane crash. This injury seriously handicapped his life. An addition to the back pain he suffered under, he had obsessive-compulsive-disorder (OCD), which was not diagnosed during Hughes’s life time.
My ambitions to become an entrepreneur are based on my will to accomplish my goals not the goals of other. I want to develop my skills and become better whatever it is I do. I have many ideas and interests, as Hughes successfully lived his American dream, so I want to live my American dream. Combining my interests and develop competitive skills that can innovate and revolutionize an industry. That is why I thought Howard R. Hughes Jr. is an entrepreneur I want to admire.
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