This week has been a good week. We have learned a lot about family owned businesses and how a well established family owned business should work. There is a lot that needs to go into owning a family business. There are very personal relationships that need to be taken into account as well as making a living/profit off of the company. I have worked in a family owned business before, and there are definitely challenges. One of them being it was hard to spend time with the family because, often, the business would be brought up. And I won't deny that it was necessary, but it was hard because that seemed to be the main focus of all of our conversations. It became better and it was worked out. But, believe it or not, relationships can become strained in family owned businesses.
My $100.00 challenge project is coming along! I'm excited to get the final results all worked out. There was a lot that has had to go into it, but it has worked out. There are definitely things that I wish I could have done better had I had the time to do it better. But, overall, I am satisfied.

This week for B283 we have talked a lot about becoming an owner of a franchise location. It was very interesting and we were given a lot of very good information, but as I was doing the assignments, I learned that I really did not want to become an owner of a franchise. I think that there are many pro's to becoming a franchise owner, but I also think that there isn't a lot of freedom. I think that if I were to open a company, I would want the freedom to do what I want with it as needed. With a franchise there are many regulations and restrictions. Those regulations and restrictions are not necessarily a bad thing, but it does limit creativity and freedom of expressing ideas.
On a different note, I have a couple of new buyers for my $100.00 challenge product. It has been going pretty well and I am excited to see the end results. I have to admit that I will not be making a lot, but I have been able to learn a lot and figure out things that I need to do differently to get the results that I want and need.

This week has been a really good week in B283. There has been a lot of really good information for us to study. We learned a lot about the founding of Burt's Bee's and the process the founders of that company had to go through to make it as successful as it is today. That story is a very inspirational story that everyone should know. The founders of that company are very inspiring. That was probably my favorite case study that we have studied at this point in the semester. It was inspiring because it just goes to show that anything is possible as long as you put you heart and mind to it and are willing to take some chances.
My $100.00 challenge is going pretty well at this point in the semester. I have the majority of my product about ready to be sold and have buyers! So that is exciting. I was getting nervous for a little while there because of the setbacks I was having with finding the supplies I needed and not being able to find the right things. But I am excited to see the results of the work that I have been putting in to everything.

I have really enjoyed the lessons this week for B283. They focused a lot on hiring and values within a company. It focused on the types of people you should hire and how to go through the hiring process and weed out the "good" from the "bad". There was a lot of very good and valuable information that was given. This week has been better for my $100.00 challenge. I was able to get the supplies needed for my product and start on getting it all put together and ready to sell. I've been a little worried about my late start, but feel like I can still pull it off. I am excited with how everything is turning out, and to see where it will go once it is all done! I'm learning that there are a lot more details that need to go into these kinds of things than you think starting off. I'll be honest, I didn't think that I was going to have any problems starting off, but as I've tried to get everything figured out with trying to find the supplies that I needed, who to sell to, how to market it, etc., I've learned that it is much more than just putting it together and selling it. You have to figure out who your target market is going to be and then how you are going to market to them. You have to make all these decision that you may not realize at first. It is definitely a learning process for me, but I am liking what I am learning and figuring out how to apply it.