Posts

Elevator Pitch

Hello all! In this discussion post, I will be discussing my attempts/ efforts in the elevator pitch. Giving an elevator pitch about EveryFit was both exciting and nerve-wracking. On the good side, I loved sharing my passion for creating a gym that’s truly for everybody and every body. When I talked about the separate women’s section, the tiered memberships, and the little things…like the self-serve smoothie machine and daycare. could see people’s interest spark. It felt great knowing that EveryFit’s mission resonated with others and that people saw the value in what I was building. But, man, getting it all out in just two minutes? That was tough. I struggled with finding the right words to keep things clear, engaging, and to the point. Sometimes, I’d start strong but then get caught up in details and run out of time before I could drive home the key message. Other times, nerves would get the best of me I would rush, stumble over words, or forget an important point. One of the biggest c...

Matt Tolentino

ello all! Matt Tolentino came to visit us. He actually has multiple, successful companies that show proof that he is a great entrepreneur. Some of the companies he founded are Tempo, Namatad Inc, and helped with Hummingbird Ai. His presentation really impressed me Not only is he a great entrepreneur, he also, is a professor at the University o Washington. Before he started his interpersonal journey, he worked at Intel. His experience in the technology field is highlighted in all his companies. What really shocked me was his helpfulness in other companies. In Hummingbird ai, Matt Tolentino helped create a direct platform for small businesses to create advertisements to push out their businesses. He took the time out to create software for Hummingbird ai to directly create ads for companies rather than having to pay employees to do the work. This really shows hiss true passion of using what he already knows to do, “technology,” and applying it into a business/entrepreneurial sense. Addit...

Brian Forth

Hello all! Brain Forth is a great entrepreneur who came to visit us. HIs company, SiteCrafting, allows users to have personalized websites built for them. He did a great job explaining how he started his company from the beginning to the end. I did notice that he treats his employees very well. His focus on employee satisfaction allows his company to thrive. He also highlights the importance of building trust with your employees and implementing open communication techniques. Brian focuses on company culture. With the built trust and with the satisfied employees, SiteCrafting delivers purposeful value to clients/customers. Brian uses helpful techniques to allow for employees to be felt, to be heard as they are able to come to him comfortably with questions/concerns. Additionally, Brian takes in account for potential competitors such as Squarespace. He uses his competitors a motivation and promotes small businesses to push out their company through websites he can create for them. He re...

John Dimmer

Hello all! In this post, I will be discussing my ideas and thoughts on John Dimmer and his presentation to the class. John Dimmer presented multiple forms of funding a business owner can partake in to meet financial needs. John Dimmer has been involved in multiple sources of funding which include venture capital, angel investing, and various business ventures. Dimmer has experience with many companies in different industries, including finance, technology, and startups. The first topic he discussed was Angel Investing.  Dimmer has experience as an angel investor, as he provided funding to startups in exchange for equity. He discussed searching for specific keywords based on our company’s need to find potential angel investors. Next, he discussed Venture Capital. He has worked with venture capital firms, helping businesses with strategic funding. Next, he discussed business growth. His expertise includes guiding businesses through different funding stages, from bootstrapping to secu...

"EveryFit" Products (Services), Pricing, Customers

Hello all! In this blog post, I will be discussing all my products (services) and their pricing. I will also be discussing the number of customers that will buy them in the course of a year. First off, my company name is “Every Fit.” My company slogan is “Fitness for everybody and every body.” My company will have products (services) available to any of the customers I have. Each customer would have to purchase membership to join my gym. My membership system would be a tier system. This tier system would go based on how much the customer is willing to pay for the services we would provide for them. Customers can rent lockers or buy headphones. Food + drinks would also be offered (those that are pre-packaged only).  Company merchandise will also be sold. The basic membership would most likely be the most popular. In the course of a year, if 500 customers were to join, the basic membership would be the most popular for new gym-goers and the elite would be the best for added clas...

Three Biggest Competitors

  Hello all! In this blog post, I will be discussing the three biggest competitors for my company and why I can compete against them. Competition is good as it shows I will have a market for my company. My all-inclusive gym is like many other gyms. However, my gym is also quite unique. My company will be an all-inclusive company, where there will be a separate women’s section apart from the men’s side. My gym will include personal training, Pilates/ other training programs, daycare for the kids and a self-serve protein/ smoothie machine and a tier -based membership fee/cost. Although these extra additions are still ideas, I still hope to incorporate these into my company. My gym would be all-inclusive as everyone can workout and get fit comfortably. My gym would account for religious reasons, families will kids who need nannies while they workout etc. Contracts of following proper gym etiquette will be read and signed by all those who wish to join my all-inclusive gym. The first co...

Erik Hanberg

Hello all! This week, we got the chance to meet and listen to another real entrepreneur and a businessman. Eric led us through his journey as an entrepreneur. I was really fascinated with his presentation. His points on the rise of AI and how to affect the future really showed me a new perspective on this. I really like his PowerPoint version of his presentation. I am quite a visual learner, so having a visual presentation to see his work/ journey was beneficial to me. I also liked how he answered all our questions with an immense amount of detail. I really liked the way he charted his book progress to see which book would do the best each year. Surprisingly, the book that he thought would be so good didn’t do as well as the others. I was also fascinated by how he now goes to present his findings and do lectures on non-profit start-ups to other people. Eric also discussed many ways he continued his passion and skills through books. I really like the way he incorporated what he loves, t...