Friday- DAY 5

Today, we had a speaker come in to discuss entrepreneurship. His name was Mark Rossi. Rossi is the definition of an entrepreneur. He told us that we need to become entrepreneurs now if we plan on. He said its easy to bounce back from a failed business adventure earlier in life than later in life. Rossi showed us that the university will help out with costs. He said he has no overhead costs at the moment. He also has many business ventures. I learned a lot from Rossi.

Then we took a test.

After the test we talked about start up costs as well as fixed and variable costs. The costs we are going to have with micro-businesses will be mainly all variable. With our concierge micro-business, the only costs we are going to have will be simple marketing expenses, such as fliers. The other expenses will be gas expenses for possible transporting of clients to destinations. Besides that, with our phones having unlimited calling and texting, our expenses will be next to none.