1. Christopher Relyea, a law teacher in Broward County for the last 15 years.
2. This person is under the domain expert because prior to his teacher career, he owned a large fashion apparel that targeted the same demographics as my business idea. While doing so, he has established networks with major clothing brands such as Nike, Addias, etc, as well as technological brand like Amazon. All of which are brands that my audience would be interested in getting rewards from.
3. I contacted this person through email. We remained in contact after graduating and I sent him an email explaining the assignment.
4. Mr. Relyea provided me with general business insights that everyone could benefit from, as he was once a business owner. He explained the importance of knowing your numbers in terms of everything that your idea is related to. He wishes to be kept in touch as my idea progresses.
5. Including him in my network is a huge benefit as he has many business connections for me to establish networks. He is overall one of the smartest person I've known and is great to ask advice from in anything.
1. Aaron Algave, a second-year finance major at University of Florida.
2. He fits under the market expert because he is extremely adapt in customer researching. The reason for this is because he had worked for Brooks Law Group, he was a legal blog writer for them that had to survey the audience of the topic he had to write about. He said he had learn the different methods and resources it required to effectively gather feedbacks.
3. Mr. Algave is a friend I met in college and I contacted him through text messages.
4. The exchanges were very informative as he told me that busy college campuses are among one of the easiest location to gather customer opinions. He also taught me the most approachable way to have the highest chance of successfully interviewing a stranger.
5. Having Mr. Algave in my network would give me great confidence in my ability to gather feedbacks about my idea. He is also someone that fits in my demographics.
1. Matthew Redler, a third-year business major that has a start up business, Ankor.
2. This person is the supplier due to the fact that his start up is selling services to a similar industry as me. people that are in college or post-graduates.
3. I met Mr. Redler at a career convention at my school, and we exchanged contact information and I emailed him about this assignment.
4. His responses were very helpful. He gave me a brief explanations on the basics of starting your own businesses, provided me with what he needed for his own start up and what he wished he had known. He also critiqued the opportunity behind my idea.
5. Having him in my network will provide me with a possible route to incorporate my idea in, especially if his start up gains momentum.
Overall, this assignment was a great step in making the idea a reality as it provided new feedbacks and possible networking opportunities. This experience was different from past ones because this time it was with an actual business idea rather than general networking.
What a great example of building of building and leveraging social capital with Chris and Matthew. It seems like you have done a great job nurturing the relationships since they were established- which, can be difficult for some people to do. I think this exercise was very valuable and agree that it provided more opportunity for feedback.
ReplyDeleteHello Yung-Teng,
ReplyDeleteI think that the relationships you were able to build through networking will definitely help in growing your business idea. It's very smart to exchange ideas, advice, and feedback with people who are experts in different areas of your idea. I myself don't know much about business, but having relationships with people who do have helped me navigate a lot of things in this area! I'm glad you have someone like Matthew to help you in that area. However, the business side is not the only thing that networking can help with. Working on character and personal growth is also important too and someone like Aaron will definitely help with that as well.
Yung-Teng, I like the chooses that you pick for your contacts. You have two younger maybe up in comers and Christopher, with all his experience and connections. I feel like Christopher will probably be you best bet for knowledge in your field.It seem like he has done a lot that you will be needing to also do. So staying close to him would benefit you to pick his brain and see how he did things.
ReplyDeleteHey Yung-Teng,
ReplyDeleteYour contacts were very interesting to read about! When developing an iron clad business idea, getting outside opinions from a diverse network of people is vital (hence why feedback exists). You have done a wonderful job at growing your social capital and utilizing their expertise. Lastly, I will have to agree with Lindsey. Your social capital is inherently "social", so the business side of a network is not the only asset a well-developed network can offer. Keep up the good work!