Your Entrepreneurship Story: Assignment 3

My parents’ entrepreneurial spirits inspire me so much.  Over the last 40 years, my parents have invested in real estate in Fort Lauderdale—they own and manage eight rental properties in the heart of downtown. My mom also owns her own veterinary clinic just a few doors down from my parents’ house. My dad was born and raised in Fort Lauderdale and loves the city; but he grew up in a low-income family and didn’t go to college. My mom, on the other hand, comes from a wealthy mid-Western family and is a Doctor of Veterinary Medicine. They have persevered through any and all obstacles—it’s really incredible.

Even at a time when women weren’t usually veterinarians and definitely didn’t own their own practices, my mom had the passion to start her own veterinary practice. My dad was not fazed by his lack of higher education; but instead, he chose to invest in the only city he’s ever called home.

This summer, I enrolled in ENT3003 because I hope to capture a glimmer of their love of business and management. In the list of electives, this class stood out because it immediately sounded like it was going to be an inspirational class. Entrepreneurs are leaders and innovators, and someday I hope to accomplish great things at the helm of my own business.

Comments

  1. Jonathan RodriguezMay 25, 2020 at 8:38 PM

    Hi Chaplin,
    I also aspire to become a real-estate agent like my parents. They own several properties in South Florida as well. I wish you could have expanded a little more on their journey through becoming those wealthy entrepreneurs considering that the journey is one of the most essential parts that keeps them stable where they don't need to take any risks.

    ReplyDelete
  2. Maria PivaralMay 26, 2020 at 12:11 AM

    Hi Chaplin, thank you for sharing your story, I really enjoyed reading it. My story also was heavily influenced by my family, my parents and grandfather are entrepreneurs and have always encouraged me to seek out opportunities that I could use to make my own business. I think that this class will be an opportunity for us to think more creatively!

    ReplyDelete

Post a Comment

Popular posts from this blog

Reading Reflection No. 3: Assignment 27

    The story of Phil Knight is one that truly inspires you to reach for your goals and dreams. What surprised me the most was the risk that he took going to Japan to meet with executives without a real backing to help him. This risk was high as they could have dismissed him, but he believed that he could stand up and pitch his idea to the executives of Tiger shoes. I admired the most the drive he possess to seek out his dream regardless of his classmates and parents opinions. It is very easy to take the words of a few people and drop your dream, but Phil Knight didn't do that.     What I least admire about Phil Knight is the fact that he proves me wrong. I keep waiting patiently for the "correct moment" to launch a business and seeing that isn't the way to do it makes me uncomfortable. Truly the lack of admiration in this factor is more of a jealousy, but I will use it moving forward to help me step out of my comfort zone. Facing the ad...
Read more

Figuring Out Buyer Behavior No. 2: Assignment 15

After doing my interviews, I discovered that for my opportunity that there needs to be a balance between price and quality. It needs to be a high-quality service with a reasonable price. The freshmen and sophomores that I talked to this time seemed to really value quality. Therapy isn’t a one size fits all; there are some methods that work for other people and aren’t quite as effective. The first guy I interviewed was a rising Sophomore who games a lot. He doesn’t go outside much so he prefers to order things online (via Amazon or the company’s website). The second girl found it uncomfortable talking to strangers, so I asked her how she went about problems with her computer. Does she take it into a store or does she call the computer company or does she use the online support chat? She said she would first either email or use the chat and then she’d take it into a store. The last guy that I interviewed was a freshman who works part-time at a restaurant. He said that he prefers to use c...
Read more

Your Exit Strategy: Assignment 28

1.)     Your exit strategy is paramount to your entire entrepreneurial endeavor. The U.S. Military works backwards with planning and timing so starting with your exit strategy and working backwards from it can be a great way to help guide your business to its ultimate goal. For me, my exit strategy is to ultimately sell the business for a large profit. I've read Peter Thiel's Zero to One  and in that book, he explains that the time to sell your project is when you are completely out of ideas to innovate. For me, that is my goal as well. 2.)     I believe that getting all of my ideas and innovation into my business is a great way for me to leave the project feeling complete. I can say I put every ounce of what I have into it. If I sell to early, I'll be wanting to put a bigger footprint into it. If I sell too late, I'll be wondering why I didn't sell it earlier. I feel when I am fully out of ideas, that is the time to pass ...
Read more