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 Listening to Matt’s presentation was interesting and motivating. Matt has dealt into multiple companies such as tempo and Nomatad, which are both really interesting companies. I enjoyed hearing about tempo and how Matt had to reverse engineer fans in order to bring this company to life. I think this is an interesting step taken by Matt as many other business owners would probably turn around and except loss. Matt was quite inspirational in the mini business ventures he has taken. I enjoyed hearing about his experience with the military and how he has diligently worked alongside them in different aspects creating different Products and devices in order to aid them. Temple was quite interesting as I have had some interested in holographic signage and hearing that Matt created a company that would allow him to make income from creating these holographic signs that he reverse engineered was quite interesting. Listening to Matt’s presentation was inspiring as we were able to see a prof...

 Brian for the presentation was an interesting watch. Learning about what it takes to run a company was a good way to get going on our own business plans. Brian is the CEO of site crafting which is a web design and development company. It was really cool to hear that they work with such big companies like multi care. I think this was a very important presentation as we got to see first hand how a CEO can run a company. Brian forth broke down some aspects of running a company such as how team meetings work and how employees are slowly coming back to in person work. I think this is important to hear because when we run our own companies one day, we would need to know how to manage a team and work with other employees. We also got to hear about the harder times when money is an issue and how they had to downsize a couple times due to lack of funds. I think Brian had a great way of explaining his company and really dog deep into the culture of his company and how he created it. He went...

I think John Dimmer’s presentation was really informative and interesting to listen to. I think the parts about the legal side of things and how to decide which type of company to start. I enjoyed learning about the difference between a c corporation and a LLC. Then we learned about how to raise money to start our businesses. Things such as crowd funding and raising money from family and friends were the first steps to raising money. We also learned about the different phases of funding. First there is the concept which is normally before the product or service. Then it’s the start up which is the phase of concept to release. Then its expansion so things such as opening another location or expanding current operations. Then there’s the mezzanine which is preparing for an IPO. Lastly, there is the exit which the company is preparing for sale. Some specific types of funding we learned about was debt, equity, hybrid and other forms. Debt is funding from banks or investors, money that need...

For the pricing part of my business, I would like to keep my prices at overall affordable rates. It can get really expensive when needing to make multiple appointments especially when getting ready for big events, so making sure my prices are affordable is really important. I also would want to be profitable so finding competitive pricing is important. I would offer packages eventually, making it cheaper if you book multiple appointments. For example, if you are going to a wedding of a close relative you would need to look your best so offering packages that include options such as a facial, nails, makeup, hair etc. would make it easy for customers to pick what they need and get it booked at once. My pricing would include the following:   Services & Pricing Eyelash Extensions Classic full set- $70 Classic fill- $50 Hybrid Full Set – $90 Hybrid Fill (2 weeks) – $70 Volume Full Set – $110 Volume Fill (2 weeks) – $80 Mega ...

My three biggest competitors would be other beauty retailers with salon services, salon chains, and specialized service providers. Beauty retailers with salon services such as Ulta beauty would be a main competitor. These salons have steady clientele which are introduced through the familiarity with the store. Clients are going to be more inclined to go to these service providers because they have seen them around before. However, not all these hair stylists/estheticians are trained properly and sometimes can have a bad rep due to lack of tenure. Another competitor would be salon chains such as the European wax center and supercuts. These are seen everywhere, convincing clients to go because of the familiarity and repeat locations. However, these chains also get a bad rep as they like to focus on getting clients in and out as fast as possible and making as much money rather than focusing on client experience. A client may be inclined to go once but after one bad experience that may...

I think that Eric Hanberg’s presentation was very informative. I liked how we were provided with visuals, especially around the topic of money. I learned that progress is not linear and there will be times of high highs and low lows as an entrepreneur. I enjoyed listening and I think I was left feeling motivated. Hearing that Eric began to promote a book that wasn’t even written yet was surprising at first but ended up being a smart move. Not knowing the market and testing the book to see how it would do before putting effort, time, and money into it is a good way to minimize risk as a entrepreneur. I also enjoyed hearing about all the projects Eric has worked on such as the City of Tacoma podcasts and how Eric created them and brought them to life. I think overall the presentation was helpful for the class and allowed us to see entrepreneurship firsthand. It’s easy to think that working for yourself is freeing and easy but this presentation grounded us and taught us that it’s not alwa...