This week was focused on what decisions need to be made
about starting a new online business. The
biggest decisions are deciding which business model to follow, and what product
or service to provide. Working through a
case study helped me to gain some insight about the challenges and strategies
that can be used to make these decisions.
Communicating with the other students in the class showed me how
personal beliefs and opinions can bring people to different conclusions on
these decisions, even while working with the same information.
The case study made me consider the opinions and experience
of a group, rather than just myself. I
was able to take in the opinions shared and add my opinion to theirs while
recommending a decision. This made me
realize that the people I choose to work with will have a great deal of
influence over my business and how it is setup and what it will
accomplish. The decision of who to go
into business with should be made carefully.
It was very interesting to see the difference in
recommendations from other students.
There were varying opinions on what should be done first, and everyone
had good reasons for making the recommendation they had. It showed that the same information was
valued differently by each student, which affected the recommendation they
decided to make. There wasn’t
necessarily a right and wrong answer, just which way each of us would act based
on what we thought was more important.
Overall, the lesson material this week has taught me that
creating an online business is not a straight-forward process. It is a series of decisions that are very
personal to the individuals who are starting the business, and those decisions
should be made based on the experience, knowledge, and goals of those
individuals. I need to be mindful of the
people I choose to work with. They
should add to my experience, which gives greater opportunities to work with,
and agree with me on the goals we have for the business. However, they shouldn’t be a push-over and
agree with me on everything. I want to
work with people who will voice their opinions, especially when they are
different from my own. This way, I will
know that the final decision will be the best decision possible to make our
business successful.
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