Blog 8 - Research and Working EQ

1. What is your working EQ?

-What is the best way to maintain profits year round with minimal manipulation to prices?


2. What is a possible answer to your working EQ? Please write the answer in thesis format.
The best way to maintain profits year round with minimal manipulation to prices is to have your business in a business abundant environment and have knowledge on demographics.

3. What is the most important source you have used that has helped you come up with an answer to your working EQ?

-The most important source I've used is articles since there is an abundance of articles on different site. There are article on every aspect of business online.

4. Who is your mentor, or where are you doing mentorship, and how does what you are doing relate to your working EQ?

-My mentor is a local business owner and I do it at his establishment. He gives me tips on how he runs it and how he sells as it is related to the overall profits of it.

Blog 7: Independent Component 1 Approval

1. I plan on continuing to go with my mentor and put in more hours there. I was hoping to work on the field hands on with my mentor and interact more with the customers. I'm hoping to gain more experience in the field because that is very important in owning a business. I also hope to learn the finances of the business and how it runs financially.

2. I plan on showing photographic evidence as well as a documentation signed by both my mentor and I demonstrating the hours and days in which I completed hours.

3. Since there are a lot of moving pieces in a business I think experiencing as many aspects of it as possible and role playing will help me understand all the pieces of the puzzle and the different perspectives of it, since there are many positions in a business. 

Upcoming Expectations

For the coming months ahead I have several things planned for my mentorship. First I hope to complete half of the hours required for the mentorship before the end of the year. I going to try and go with my mentor two to three times a week and I'll stay approximately 3 hrs each time. My mentor also explained to me that in the coming weeks I was gonna help along in his business hands on with him. Mean while my job when I go to my mentorship is mainly paperwork and filing along with some other things but I must be proficient at those tasks before I can go into the field with the others.

Blog 6 - Second Interview Preparation

1.  Who is your mentor and where do they work?
My mentors name is Alex and he is a small business owner in Ontario, CA.

2.  What five questions will you ask them about their background?
Where did you attend school?
How many degrees do you have?
Have you had any other businesses in the past? How many do you have now?
How did you get started in this field?
How many years of experience do you currently have in this field?

Blog 5 - Mentorship Reflection

1. Describe your experience in how you found your mentorship? 
At first I had a different topic and I wasn't very interested in that topic when I found out about this one I immediately changed it. When I did change it I was worried because it was late in the summer and I had to complete the hours for my mentorship. One day I went to mall and I stumbled upon a kiosk and talked with a man working, it turns out he was the owner. A few days later I returned and explained to him about a mentorship and he agreed, I just had to wait a week or two while he cleared up some things with his insurance. After he did he agreed and I officially had a mentor, by then it was already the first week of school.

2. What has been your most important article you have read so far and why?
The most important article I have read so far was one on hiring employees. Instead of hiring based on how they answer general questions and their resume, a business owner proposed a new method of hiring. This new method would focus primarily on the interviewees interests and hobbies. This is very important, not only because it gives them a chance to openly express themselves, but because it gives the hiring manager or business owner a better understanding of their strengths in order to properly place in the business. This in turn utilizes their strengths while maintaining interest in their work, improving efficiency thus improving profits for the business. 

How I Got My Mentorship

Since my topic is on business when I went and talked to the owner about a possible mentorship he told me to come in a week after I talked to him. It was kinda out of place since all I would be doing is talking to him. After the time passed I went in and talked to him and explained what I would be doing with him and he was ok with it but he asked me if I was an adult. I was wondering why he asked me that and apparently it's because he had to contact his insurance to see if I could be covered in case of any accident. I had to wait several weeks to hear from him again and it went into the beginning of school, so in the mean time I had to pick another topic but now thats where I will be doing my mentorship.

Blog 4: Interview Preparation

1. Who do you plan on interviewing? Why?
 I plan on interviewing my mentor Alex since he is usually the one at the business and deals with the customers more often then the other workers so he has a better understanding of how to run it than others.
2. You have to ask 5 questions.  What additional questions do you plan to ask?

1. Business often times requires a lot of time, do you find this to be true based on your experience? If so can you give me examples?
2. What school or courses do you think are important in order to help you prosper in future businesses?
3. Before opening this establishment what were your goals for this particular business?
4. Is this your first business? If not can you share some of the other businesses you've had?
5. What advice would you give a first timer?