In Miami, my family and I have a mango tree in our backyard. During peak mango season, we have a surplus of mangos that we do not eat. Rather than letting them rot on the tree, my grandmother and I decide to sell the mangos we do not consume to locals, such as our neighbors or commuters. We understand the prices that supermarkets charge, therefore, we sell our mangos for roughly $1-$1.50. This allows us to make a profit and also offer a more affordable alternative to consumers.
My mother also has an entrepreneurial mindset. A few years ago, she began baking as a hobby. She would bake solely for family. However, upon researching local bakery prices, she began to bake for business. She invested in equipment, set up her own prices, created a website, and started a small business under the name of "Sweet Creations by Eva". My role in the business was to find potential consumers through the use of flyers and business cards. Unfortunately, due to the fact that she still had a full time job while running her business, she had to stop baking for profit.
The reason I enrolled in ENT3003 is because it is one of the electives that I may take. However, I have always had an interest in entrepreneurship and look forward to understanding the mindset that entrepreneurs have.
Hi,
ReplyDeleteI think that it is very interesting that at a young age you had an experience in which you learned the basic concepts of running a business. I feel having this experience could be very beneficial in having the unique and creative mindset of entrepreneurship. I’m sure helping your mom also taught you some valuable lessons that it can sometimes be very time consuming. I also have enrolled in this class to better understand the mindset of an entrepreneur. I enjoyed reading your post!
Hey,
ReplyDeleteI think it is awesome that the women who raised you had an entrepreneurial mindset. I have a very similar story to yours as well! Like you, I am from Miami and my grandparents would also sell some fruit from their tree. The only difference was that they sold lychees instead of mangos. I find it funny that we are both from Miami and that we have such similar stories! I enjoyed reading your post.
Hi!
ReplyDeleteI really enjoyed reading your post. I, too, enrolled in this class so that it would count towards one of my electives, but I think that it will be a really great course and I think we can all learn a lot from each other. I think that it is so cool that your family sold mangos at an affordable price; I love them but Publix is kind of expensive! They are so yummy in smoothies but I only buy them when I feel like treating myself. I also think that it is really cool that your mom had a baking business. My best friend's mom occasionally caters different events because her cooking is so good, and she is able to make some extra money on the side.
Whatsup,
ReplyDeleteIt's awesome that you sold your excess mangoes for a profit among the people you knew and find that a very creative way to make money on the side when otherwise the mangoes would have just gone to waste. My grandpa also has a mango tree in his backyard down in Ft. Lauderdale and fresh mangoes taste ten times better than the ones bought from the store. Your mom was really brave for starting her own baking business and it's unfortunate that it did not work out for her in the end even though it was smart of her to use you for free advertising. Found your post really enjoyable to read!