Assignment 3A – My Entrepreneurship Story

Assignment 3A – Entrepreneurship Story

My experience with entrepreneurship actually started when I was relatively young.  My whole family used to watch Shark Tank in the evenings since I was in middle school (2013 onward). 

(Figure 1: Modern Shark Tank logo that’s practically burned in my memory)

Shark Tank taught me basic business concepts and might have actually helped to push me toward a career in finance. Back then, I pictured myself sitting in the Sharks’ chairs listening to business pitches and thought it would be amazing to do that someday.  I would like to be a hedge fund manager one day, maybe influenced by those memories and my love of stocks and the economy at large.

Then, about two years later in my Algebra II class (I was 15 at the time), there was an assignment to create a personal logo using various mathematical geometric shapes (hence the reason for the clear cords).  The company idea I came up with was HYPERSPEED TECHNOLOGIES LLC, which would have sold high-end innovative technology products such as a multifunctional dual bootable (Android and Apple) smartphone, TV projector glasses (like Google Glass 2.0), and foldable laptop.  Unfortunately, I didn’t know how to invent those products back then (and still don’t now), so the business never actually came to fruition (I’m convinced I’d be the world’s first trillionaire if it had).  Up until now, that’s been the extent of my entrepreneurial experience.

(Figure 2: Actual representation of the logo presented to my class, made of clay, Styrofoam & dreams)

Now, I’m looking to expand my understanding of entrepreneurship since it is such a fundamental part of society.  My current entrepreneurial idea is Hyperspeed HomeStudio (name possibly inspired by nostalgia from that Algebra II project), which would be a music production service.  It would ship all the studio equipment to make songs, and connect the client with daily 2.5 hour sessions with either a producer, songwriter, or audio engineer (for a relatively cheap price of $150 per day - $425 for the 3 day package, $1000 for the seven day package) to help them realize their musical vision (further described in subsequent assignments).

I originally enrolled in the class because it was a requirement for my entrepreneurship minor, however I am eager this class can help me get inspiration for a viable business idea and give me relevant knowledge.  I am excited because the class already has me thinking critically about the everyday environment that I live in with the bug list and there will surely be a lot more chances to expand upon that.