An opportunity I will explore is a job opportunity that currently exists for me to sell life insurance. I was recently offered the job and am actually considering it, so this assignment is perfect to analyze it. The unmet need is first of all, a job for me, and for everyone else, is more available life insurance. The need is mostly for those who have graduated college and are looking for coverage, and the ones who are in great need, are adults with families. The need for me is more recent as i got home from college and am looking for a job. The need for life insurance for others has existed for a while depending on the age of the customer. People who are in need of this have probably reached out to multiple companies searching for a compatible plan that they like. I am 100% confident this opportunity exists because I have been offered the job, and everyone that is an adult needs life insurance.
The prototypical customer is someone who just got out of college and is starting to look into saving money for the future, as well as getting extra coverage. Along with that, many customers have families with wives, and often times children to make sure they are well off in case an emergency happens.
All three people I interviewed had a family with wives and kids. The first person said everyone who is out of college needs life insurance and should be covered. They became aware of the need right out of college and experience it all the time. They have had the need since they were out of college. They became aware of the need right after college. Currently addressing it by having coverage. They are currently satisfied with their coverage.
The second person I interviewed said everyone who is out of college and has a job needs life insurance. They experience it all the time, because you never know what may happen. They needed life insurance right out of college. They became aware of their need after college when they were moving out. Currently addressing it by having coverage. They are satisfied with their coverage, but may want to increase their plan.
The third person I interviewed said the same thing as person two that everyone with a job out of college should have life insurance. They don't really "experience" it, but in case of an emergency it is needed. They needed life insurance when they got their first job. They became aware when they landed their first job and needed insurance. Currently addressing it by having coverage. They are satisfied with their coverage, but would like to find better coverage for a better price.
So, what I got from the interviews was that everyone needs life insurance and most people should start to look into saving money straight out of college. Most people become aware of the need when they get their first job and realize they should have extra coverage. But especially when they have families because it is security for the whole family. The people I have interviewed were adults with kids and families so they have had the need for a long time now. They all became aware once they got out of college and got their jobs and could afford it, and when they started to become adults and realized it was a necessity. They are all addressing the need currently by making sure they are covered and all have life insurance. They are all currently for the most part satisfied with their current coverage, as it stands.
What I learned about this opportunity is that it is a need millions and millions of people have, so it is a great opportunity for me to get in the business and make good money. The most surprising thing I learned is that sometimes people don't know exactly what there coverage actually consists of, so it would be my job to inform them on the best coverage for others in their certain situations.
The opportunity still exists for me, as I have a job offer and can help people make sure they are covered correctly. My new opportunity is more accurate, as I now know what others are primarily looking for in life insurance and what I can do, to increase my sales. Entrepreneurs should adapt their opportunity to the feedback of the customers, because satisfying their needs is the primary goal and that is the only way to make sure the needs are met.
Friday, May 25, 2018
Entrepreneurship Story 3A
My Entrepreneurship Story
It wasn't the first time I was exposed to entrepreneurship, but it is one of my favorite movies, "The Wolf of Wall Street." Jordan Belfort, although a convicted criminal, was a fantastic entrepreneur. He started his own company and took non educated people and made them millionaires. Originally what he was doing was illegal and he ran a very successful company. Although they eventually started to get involved in illegal acts of basically camping people for money, he had ivy league graduates flooding his building in hopes of landing a job at his company. It just made me think, if these degenerates could run a highly successful business, so could I.
While the main reason I signed up for this class is because it was an option as an elective for my class schedule, it is still something I am interested in. I would rather come out of college and run a business than being bossed around by someone everyday, year after year. I hope to gain knowledge on what it takes to run a successful business and the proper ways of managing it to make sure it is stable and can thrive for many years.
It wasn't the first time I was exposed to entrepreneurship, but it is one of my favorite movies, "The Wolf of Wall Street." Jordan Belfort, although a convicted criminal, was a fantastic entrepreneur. He started his own company and took non educated people and made them millionaires. Originally what he was doing was illegal and he ran a very successful company. Although they eventually started to get involved in illegal acts of basically camping people for money, he had ivy league graduates flooding his building in hopes of landing a job at his company. It just made me think, if these degenerates could run a highly successful business, so could I.
While the main reason I signed up for this class is because it was an option as an elective for my class schedule, it is still something I am interested in. I would rather come out of college and run a business than being bossed around by someone everyday, year after year. I hope to gain knowledge on what it takes to run a successful business and the proper ways of managing it to make sure it is stable and can thrive for many years.
Bug List 2A
20 things that "bug" me
1. When someone near me smells bad
This could be because they forgot to put on deodorant or maybe they had a gym class
2. Slow internet connection
This could be because there are a lot of people on it, or the area you are in may also affect it
3. When someone chews with their mouth open
This may be because they just don't realize they are actually doing it, and how loud it is
4. Spam phone calls to my landline
This is probably because they just call number after number and eventually they call my house phone
5. Spam email
This is my fault for sharing my email with so many sites which adds up to me getting random emails
6. People who drive slow
This is because some people are super cautious, especially when it comes to driving
7. When my mom nags me to do something a thousand times
My mom will want me to do something and it has to be immediately
8. When I'm trying to read a sports article and a spam ad pops up
This is just another one of those spam things that just won't ever not pop up
9. When someone cuts a line
They may know someone in line so they just skip and hop in with them
10. At a desk and all of a sudden you accidentally touch gum on the bottom of the desk
Someone stuck gum there and its just an unfortunate situation
11. When someone takes up the whole sidewalk and walks super slow when you're late to class
They just don't realize you're trying to pass and are just oblivious to the fact that you're in a hurry
12. When my dad calls me and I don't answer and I call him right back and he doesn't answer
He may have gotten another call or distracted by something else
13.Having to wear contacts
They easily get messed up and having to put them in everyday all because I'm blind and can't do anything else about it
14.When my dog barks when I am trying to sleep
He has to go to the bathroom or maybe thinks he sees something outside
15. People who think everything is about race
They aren't educated and have no other argument so they go straight to the race defense
16. When math teachers teach the basics and then on the exams its problems 100x harder
They think because it is an exam it must be impossible
17. Girls that wear too much makeup
They think it makes them look prettier or maybe they feel they need to try and impress others
18. When my phone charges super slow
Maybe its a bad charger or the outlet isn't very good
19. People on twitter who think others care about their opinion
They think other people actually read their tweets and care about what they think
20. When staying in a hotel room, and my dad snores and I tell him to stop and he starts snoring again immediately
He sleeps with his mouth open and is super tired so theres no hope
Coming up with this list was a little difficult. It was easy to come up with the first 10-15 then after that it slowed down a little bit and I had to really think about what bugs me a lot. The last 5 or so bugs were quite difficult to think of so I had to think about a typical day of waking up until I went to sleep.
1. When someone near me smells bad
This could be because they forgot to put on deodorant or maybe they had a gym class
2. Slow internet connection
This could be because there are a lot of people on it, or the area you are in may also affect it
3. When someone chews with their mouth open
This may be because they just don't realize they are actually doing it, and how loud it is
4. Spam phone calls to my landline
This is probably because they just call number after number and eventually they call my house phone
5. Spam email
This is my fault for sharing my email with so many sites which adds up to me getting random emails
6. People who drive slow
This is because some people are super cautious, especially when it comes to driving
7. When my mom nags me to do something a thousand times
My mom will want me to do something and it has to be immediately
8. When I'm trying to read a sports article and a spam ad pops up
This is just another one of those spam things that just won't ever not pop up
9. When someone cuts a line
They may know someone in line so they just skip and hop in with them
10. At a desk and all of a sudden you accidentally touch gum on the bottom of the desk
Someone stuck gum there and its just an unfortunate situation
11. When someone takes up the whole sidewalk and walks super slow when you're late to class
They just don't realize you're trying to pass and are just oblivious to the fact that you're in a hurry
12. When my dad calls me and I don't answer and I call him right back and he doesn't answer
He may have gotten another call or distracted by something else
13.Having to wear contacts
They easily get messed up and having to put them in everyday all because I'm blind and can't do anything else about it
14.When my dog barks when I am trying to sleep
He has to go to the bathroom or maybe thinks he sees something outside
15. People who think everything is about race
They aren't educated and have no other argument so they go straight to the race defense
16. When math teachers teach the basics and then on the exams its problems 100x harder
They think because it is an exam it must be impossible
17. Girls that wear too much makeup
They think it makes them look prettier or maybe they feel they need to try and impress others
18. When my phone charges super slow
Maybe its a bad charger or the outlet isn't very good
19. People on twitter who think others care about their opinion
They think other people actually read their tweets and care about what they think
20. When staying in a hotel room, and my dad snores and I tell him to stop and he starts snoring again immediately
He sleeps with his mouth open and is super tired so theres no hope
Coming up with this list was a little difficult. It was easy to come up with the first 10-15 then after that it slowed down a little bit and I had to really think about what bugs me a lot. The last 5 or so bugs were quite difficult to think of so I had to think about a typical day of waking up until I went to sleep.
Monday, May 21, 2018
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