Friday, May 25, 2018

Forming an Opportunity: Groceries

Beginning Point:
Americans have to throw away too much of the groceries they purchase. Society has an unmet need, in that a way to waste less food is needed.

Description of Belief:
Your average American throws away about 40% of the groceries they purchase. This is a huge waste of food and money. The average American who purchases groceries has this unmet need. This need has existed for a long time. Currently, people are attempting to estimate how much they eat in order to meet this need. However, if people intend on eating a large variety of foods, it is difficult to avoid food expiring and being wasted. I am 90% sure this opportunity exists in American society.

ITERATION #1

Prototypical Customer: Undergraduate College Student

Interview:
Q1: If you had to guess, what percentage of your groceries do you throw away?
A1: About 30% of my groceries.
Q2: Would you say that you need a better way of managing groceries?
A2: Yes, definitely.
Q3: How often do you feel as if you need a better way of managing groceries?
A3: Whenever I go shopping and am deciding how much food to buy, or when I clean my fridge and see how much that I throw away.
Q4: How long have you felt a need for a better way of managing groceries?
A4: I have felt the need for a better system for about a year.
Q5: When did you first become aware that you need a better way of managing groceries?
A5: I first felt the need for a better system when I went to college.
Q6: How are you currently addressing the problem of throwing away too much food?
A6: I'm addressing the problem by planning out my meals, eating less variety of foods, and eating out more.
Q7: How satisfied are you with this solution?
A7: I am not satisfied with this solution, because eating at restaurants gets expensive, and I'm getting sick of eating the same types of food.

ITERATION #2

Prototypical Customer: Graduate Student

Interview:
Q1: If you had to guess, what percentage of your groceries do you throw away?
A1: 20%
Q2: Would you say that you need a better way of managing groceries?
A2: No
Q3: How often do you feel as if you need a better way of managing groceries?
A3: N/A
Q4: How long have you felt a need for a better way of managing groceries?
A4: N/A
Q5: When did you first become aware that you need a better way of managing groceries?
A5: N/A
Q6: How are you currently addressing the problem of throwing away too much food?
A6: I don't overbuy food. You have to balance the cost saving benefits of ordering in bulk, versus what you're actually going to eat. I buy fewer produce, because it expires really fast.
Q7: How satisfied are you with this solution?
A7: Relatively satisfied. About a 7 out of 10.

ITERATION #3

Prototypical Customer: Parent

Interview:
Q1: If you had to guess, what percentage of your groceries do you throw away?
A1: One tenth.
Q2: Would you say that you need a better way of managing groceries?
A2: Yes.
Q3: How often do you feel as if you need a better way of managing groceries?
A3: Every time that I clean out the refrigerator and throw out all of the old vegetables or look at the pantry and see all of the expired food.
Q4: How long have you felt a need for a better way of managing groceries?
A4: Ever since I have had kids.
Q5: When did you first become aware that you need a better way of managing groceries?
A5: About 25 years ago.
Q6: How are you currently addressing the problem of throwing away too much food?
A6: Trying to educate my kids that when they open something they should eat the whole thing. Trying to teach them to eat leftovers, not just eat something new every day.
Q7: How satisfied are you with this solution?
A7: I am not satisfied, my kids don't listen.

Reflection:
I was surprised that while the graduate student threw away approximately twice as much groceries as the parent, the graduate didn't feel that they had an unmet need and the parent did. The undergraduate student, the one who threw away the most groceries, felt that they needed a better system as well. Based on the reasons given by the parent for needing the better system, food wasted by their child, and the undergraduate student's need for a better system, younger people have more of a need for managing their groceries better. Older and more independent people don't feel as if they have this same need.

Summary:
The opportunity for a new system for managing groceries is still available for younger, less experienced consumers, as well as consumers buying groceries for a family. However, the opportunity doesn't exist for more independent consumers who do not support a family. I believe that the opportunity is more accurate now that I have interviewed these three different target consumers. I believe that entrepreneurs should adapt their opportunities when provided new information in order to increase their chances of success.

My Entrepreneurship Story: Global Business Brigades

My Entrepreneurship Story: Global Business Brigades

Fall 2017 was my first semester at the University of Florida. When I arrived at UF, I began looking into various business clubs that I would be interested in joining. Unfortunately, none of the clubs I was interested in worked for my schedule. This is when I decided to found the UF chapter of Global Business Brigades. Global Business Brigades, or GBB, is a subcategory of Global Brigades, an international non-profit with the goal of increasing quality of life in the developing world through student-funded service trips. I had heard of Global Brigades from a friend of mine at UCF, but I was disappointed to discover that UF had no active Global Brigades chapters. By founding GBB at UF, I started the only currently active chapter at UF. 

In the first semester, GBB at UF faced a lot of challenges. It was difficult to recruit new members mid-way through the semester and our progress was very slow. By the beginning of the Spring semester, we had already had five officer resignations. However, we adjusted our recruitment strategy going into the Spring semester, and we were able to recruit 8 students for our May 2018 business service trip to Nicaragua. From May 11th to the 17th, seven UF business students and I traveled to Jinotega, Nicaragua and provided free business consulting and financial literacy training to families in a rural, underdeveloped community. 

Mitch Thiemann, my Vice President for this past year, has been on my executive board since the first week of GBB at UF's existence. He recently took over for me as President of the business chapter, allowing me to apply for the position of Campus Chairperson. As Chairperson, I will be advising and assisting the Global Business Brigades, while also working to found Global Medical Brigades at UF. My goal for my time as Campus Chairperson is to grow Global Brigades into a very large program at the University of Florida.

UF Global Business Brigades in Jinotega, Nicaragua (May 11, 2018)
From left to right: Alex Setuain, Taylor Bollenberg, Matt Stanton, Aaron Grassi, Mike Golan, Alex Losert, Marcus Taverez, and Anuksha Isani

Why ENT3003?

I enrolled in ENT3003 for several reasons. First, I want to take more business classes than what is required of me, in order to expand my knowledge base and make myself more marketable to employers. Additionally, I believe that the information from this class will give me useful information that I could use to help grow the UF Global Brigades program. As I work to get Global Medical Brigades established at UF, I intend on using the information from this class, as well as my own past experiences founding Global Business Brigades.

Bug List

My Bug List:
  1. My iPhone 5S will suddenly run out of power, even if it says it still has up to 40% power remaining. 
    • Why: The battery is old and wearing out.
  2. I can't receive or send SMS texts or calls from the cabin I am staying at in North Carolina.
    • Why: The cabin is in the mountains, and there is no cell coverage.
  3. I often have to throw away a lot of the groceries I have purchased.
    • Why: A lot of fresh food expires quickly.
  4. When I wait for a RTS bus at UF, the bus will sometimes end up being out of service.
    • Why: The "Rider" app does not update which buses are out of service very quickly.
  5. On Sundays, it is more difficult for me to get to the gym before it closes.
    • Why: The JCP Recreation Center closes at 7:00 PM on Sundays.
  6. My allergies are much worse during the Spring.
    • Why: There is much more pollen in the air during the Spring.
  7. The Tropical Smoothie at Bartram Oaks Walk frequently gets my order wrong.
    • Why: They employ a lot of teenagers who don't have a lot of experience.
  8. The intersection of Race Track Road and Veterans Parkway gets very congested at rush hour.
    • Why: The right turning lane is too short.
  9. I have to reapply sunscreen frequently at the beach.
    • Why: The sunscreen gets washed away by the water.
  10. I often have to throw away shampoo that remains at the bottom of the bottle.
    • Why: The design of the bottle causes shampoo to accumulate at the bottom.
  11. Band-Aids fall off when I go on a run or go hiking.
    • Why: The adhesive gets removed by sweat.
  12. Uber Eats sometimes takes so long to deliver food that the food gets cold.
    • Why: The drivers sometimes make other stops first.
  13. Microwaveable chicken becomes soggy when heated up.
    • Why: The ice around the chicken melts into water and makes the chicken soggy.
  14. The Moe's on State Road 13 frequently gets online orders wrong.
    • Why: The customer isn't there in person to correct mistakes.
  15. Pre workout sometimes gives me a stomach ache.
    • Why: There are a lot of active ingredients, dyes, and artificial flavors in pre workout.
  16. When I wear Copa Mundial soccer cleats in the rain, I get blisters.
    • Why: The cleats are made out of leather, which is stiff, and tend to retain water.
  17. Many DVDs quit functioning after a while.
    • Why: If the back of the DVD gets scratched, it can't be read by the DVD player.
  18. When I exercise while wearing glasses, the glasses fog up.
    • Why: Heat from my face causes condensation to form on the glasses.
  19. If I am on UF's campus at night, it is difficult to find an open restaurant.
    • Why: Many restaurants on campus close very early.
  20. Iced coffee begins to taste watered down as it heats up.
    • Why: The ice cubes melt and water down the coffee.

Reflection:

When I first sat down to work on the list, I was able to come up with a select few items that really irritated me and occurred very frequently. These items included my phone dying at 40% power, the bus I was waiting for being out of service, and having to throw away groceries. As I added more and more items to the list, it became more and more difficult to think of things that bug me. Eventually, I began including items that seemed insignificant, but were mildly annoying. These items, such as a Band-Aid on my foot coming off during a hike, or my chicken being soggy, were added to the list as they happened to me. They were too insignificant to remember after the fact, but were definitely annoying at the time. Overall, it was much easier to add items to the list as they happened to me than it was to try and think of 20 items at once.