Sunday, January 19, 2014

Today we put our businesses to the test.  We tried to fulfill students and employee's need for transportation during the time of 9:00-11:00 AM.  We were somewhat successful in that we had 4 "takers" in our business.  Today was all about making money and learning what works and what doesn't work in the business world.  We learned some things about pricing, timing, and also advertising of our business.

Reflection: I think today was a good learning experience in the fact that we learned that some things work, and some things don't work.  Some things that work was e-mailing students and employees.  Some things we learned that didn't work was the timing.  Not many students need rides anywhere at 9 in the morning.  If we could have run the business at night, it would have been substantially more successful considering this is a college and it was a Friday night.  Today was important because we can learn from our mistakes and grow on the things we did well.  I believe I will be able to use the experiences we learned today later in life and hopefully later in a real business.

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