Finding my Business Passion

During the In-Residence you will be presenting a business plan for an innovative venture to a panel of investors. Your final project in this course will go into greater depth on the culture portion of a business such that you will design a plan to encourage an innovative organizational culture in either a new venture or an existing business.

In order to help prepare you for both of these activities, you may need some help in deciding what type of business you would like to start. Read the online Girard article to get your creative juices flowing. You may find the live links within the article useful as well. Try at least one of the suggested exercises.

In your initial post, evaluate the exercise you tried and what came from it. Also, include any initial ideas you have for your innovative venture. In your response to your peers, point out both similar experiences you might have with your peers as well as where you might be different in terms of the types of businesses you’d like to start. Finally, try to both encourage your peers as well as provide them with constructive feedback that will better one another’s initial ideas.

The business I would like to do a business plan on is opening a women’s clothing store, called “Deal’s on Heels”

Answer preview

Worth noting, my brainstorming exercise and assessment helped me center on naming the innovative startup venture as “Deal’s on Heels.” Generally, I realized that having a catchy name would attract more clients to my store and explore other fashion provisions in the business.

In sum, taking time to think about a business idea and mapping the trajectory to follow plays a significant role in enhancing the business’s success. The brainstorming activity and assessment helped me realize that one can build a company that promotes community growth. Hence, when developing a business plan, an outline of aspects like the projected goals and community needs to address the market gaps is crucial.

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Finding my Business Passion